| Schedule of Share-based Compensation |
Share-based
compensation recognized for the years ended December 31, 2023, 2024 and 2025 is as follows:
Schedule
of Share-based Compensation
| | |
2023 | | |
2024 | | |
2025 | | |
2025 | |
| | |
For
the year ended December 31, | |
| | |
2023 | | |
2024 | | |
2025 | | |
2025 | |
| | |
RMB | | |
RMB | | |
RMB | | |
US$ | |
| Cost of revenues | |
| 3,845 | | |
| 1,788 | | |
| 556 | | |
| 80 | |
| Selling and marketing expenses | |
| 2,012 | | |
| 994 | | |
| 59 | | |
| 8 | |
| General and administrative expenses | |
| 9,458 | | |
| 5,702 | | |
| 474 | | |
| 68 | |
| Research and development
expenses | |
| 11,440 | | |
| 5,666 | | |
| 3,429 | | |
| 490 | |
| Total | |
| 26,755 | | |
| 14,150 | | |
| 4,518 | | |
| 646 | |
| Share-based
compensation | |
| 26,755 | | |
| 14,150 | | |
| 4,518 | | |
| 646 | |
|
| Schedule of Stock Option Activities |
The
following table presents a summary of the Company’s stock options activities for the years ended December 31, 2023, 2024 and 2025.
Schedule
of Stock Option Activities
| | |
Employees | | |
Consultants | | |
Total | | |
Weighted
average exercise price | | |
Remaining
contractual life | | |
Aggregated
intrinsic value | |
| | |
(in
thousands) | | |
(in
thousands) | | |
(in
thousands) | | |
US$ | | |
| | |
RMB | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Outstanding
at January 1, 2023 | |
| 60,651 | | |
| 863 | | |
| 61,514 | | |
| 0.0001 | | |
| 2.98 | | |
| 13,452 | |
| Granted | |
| 15,593 | | |
| - | | |
| 15,593 | | |
| 0.0001 | | |
| - | | |
| - | |
| Exercised | |
| (4,632 | ) | |
| - | | |
| (4,632 | ) | |
| 0.0001 | | |
| - | | |
| - | |
| Forfeited | |
| (326 | ) | |
| - | | |
| (326 | ) | |
| 0.0001 | | |
| - | | |
| - | |
| Outstanding at December
31, 2023 | |
| 71,286 | | |
| 863 | | |
| 72,149 | | |
| 0.0001 | | |
| 2.16 | | |
| 6,950 | |
| Exercisable as of December
31, 2023 | |
| 36,811 | | |
| 863 | | |
| 37,674 | | |
| 0.0001 | | |
| - | | |
| 3,629 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Outstanding at January
1, 2024 | |
| 71,286 | | |
| 863 | | |
| 72,149 | | |
| 0.0001 | | |
| 2.16 | | |
| 6,950 | |
| Granted | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Exercised | |
| (8,729 | ) | |
| - | | |
| (8,729 | ) | |
| - | | |
| - | | |
| - | |
| Forfeited | |
| (4,497 | ) | |
| - | | |
| (4,497 | ) | |
| - | | |
| - | | |
| - | |
| Outstanding at December
31, 2024 | |
| 58,060 | | |
| 863 | | |
| 58,923 | | |
| 0.0001 | | |
| 1.63 | | |
| 5,676 | |
| Exercisable as of December
31, 2024 | |
| 44,498 | | |
| 863 | | |
| 45,361 | | |
| 0.0001 | | |
| - | | |
| 4,369 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Outstanding at January
1, 2025 | |
| 58,060 | | |
| 863 | | |
| 58,923 | | |
| 0.0001 | | |
| 1.63 | | |
| 5,676 | |
| Granted | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Exercised | |
| (36,623 | ) | |
| - | | |
| (36,623 | ) | |
| - | | |
| - | | |
| - | |
| Forfeited | |
| (767 | ) | |
| - | | |
| (767 | ) | |
| - | | |
| - | | |
| - | |
| Outstanding
at December 31, 2025 | |
| 20,670 | | |
| 863 | | |
| 21,533 | | |
| 0.0001 | | |
| 0.88 | | |
| 8,778 | |
| Exercisable as of December
31, 2025 | |
| 15,447 | | |
| 863 | | |
| 16,310 | | |
| 0.0001 | | |
| - | | |
| 6,649 | |
|
| Schedule of Restricted Share Units Activities |
Schedule
of Restricted Share Units Activities
| | |
Number of Restricted Share
Units Granted | | |
Weighted-Average Grant
Date Fair
Value | |
| | |
(in
thousands) | | |
US$ | |
| | |
| | |
| |
| January 1,
2023 | |
| 8,196 | | |
| 0.29 | |
| Awarded | |
| 6,688 | | |
| 0.03 | |
| Forfeited | |
| (5,558 | ) | |
| 0.24 | |
| Vested | |
| (9,148 | ) | |
| 0.10 | |
| Outstanding
at December 31, 2023 | |
| 178 | | |
| 0.16 | |
| | |
| | | |
| | |
| January 1, 2024 | |
| 178 | | |
| 0.16 | |
| Awarded | |
| - | | |
| - | |
| Forfeited | |
| (82 | ) | |
| 0.08 | |
| Vested | |
| (48 | ) | |
| 0.22 | |
| Outstanding
at December 31, 2024 | |
| 48 | | |
| 0.22 | |
| | |
| | | |
| | |
| January 1, 2025 | |
| 48 | | |
| 0.22 | |
| Awarded | |
| - | | |
| - | |
| Forfeited | |
| - | | |
| - | |
| Vested | |
| (48 | ) | |
| 0.22 | |
| Outstanding
at December 31, 2025 | |
| - | | |
| - | |
|