v3.26.1
SCHEDULE OF CONSOLIDATED FINANCIAL STATEMENTS (Details)
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2025
CNY (¥)
Dec. 31, 2024
CNY (¥)
Dec. 31, 2023
CNY (¥)
Dec. 31, 2025
CNY (¥)
Current assets          
Cash and cash equivalents $ 80,240   ¥ 592,358 ¥ 699,391 ¥ 561,127
Restricted cash 13   46,735   91
Short-term investments 55,820   153,910   390,353
Accounts receivable 5,252   16,893   36,726
Prepayments and other current assets 6,529   48,553   45,665
Total current assets 147,854   858,449   1,033,962
Non-current assets          
Long-term investments 32,089   324,110   224,404
Property and equipment, net 278   3,687   1,941
Operating lease right-of-use assets 3,587   44,577   25,087
Other non-current assets 438   4,600   3,062
Total non-current assets 36,392   376,974   254,494
Total assets 184,246   1,235,423   1,288,456
Current liabilities          
Accounts payable 32,044   223,391   224,090
Deferred revenue 8,657   56,768   60,541
Operating lease liabilities, current 1,391   13,091   9,728
Accrued expenses and other current liabilities 20,848   165,714   145,791
Total current liabilities 62,940   458,964   440,150
Non-current liabilities          
Operating lease liabilities, non-current 1,842   29,395   12,879
Total non-current liabilities 1,842   29,395   12,879
Total liabilities 64,782   488,359   453,029
Total revenues 570,858 ¥ 3,992,067 4,468,161 4,528,826  
Net income (loss) 15,648 109,429 (146,480) 110,499  
Net cash used in operating activities 14,161 99,027 2,189 45,707  
Net cash provided by (used in) investing activities (15,939) (111,460) (498,037) 26,049  
Net cash provided by (used in) financing activities (8,467) (59,208) 433,512 (359)  
Net increase (decrease) in cash and cash equivalents (11,136) (77,875) (60,298) 77,247  
Cash and cash equivalents, and restricted cash at the beginning of the year 91,389 639,093 699,391 622,144  
Cash and cash equivalents, and restricted cash at the end of the year $ 80,253 561,218 639,093 699,391  
Variable Interest Entity, Primary Beneficiary [Member]          
Current assets          
Cash and cash equivalents     47,309   48,058
Restricted cash       24
Short-term investments       81,233
Accounts receivable     16,893   36,726
Prepayments and other current assets     45,893   35,897
Total current assets     270,508   383,818
Non-current assets          
Long-term investments     51,090  
Property and equipment, net     2,814   1,357
Operating lease right-of-use assets     44,164   24,982
Other non-current assets     4,600   3,062
Total non-current assets     102,668   29,401
Total assets     373,176   413,219
Current liabilities          
Accounts payable     108,553   160,865
Deferred revenue     56,768   60,541
Operating lease liabilities, current     12,770   9,728
Accrued expenses and other current liabilities     30,035   24,053
Total current liabilities     666,021   720,358
Non-current liabilities          
Operating lease liabilities, non-current     29,395   12,879
Total non-current liabilities     29,395   12,879
Total liabilities     695,416   733,237
Variable Interest Entity, Primary Beneficiary [Member] | Intra Group Companies [Member]          
Current assets          
Amounts due from inter-companies     160,413   181,880
Current liabilities          
Amounts due to inter-companies     457,895   ¥ 465,171
Subsidiaries [Member]          
Non-current liabilities          
Total revenues   961,102 1,033,333 1,097,261  
Net income (loss)   (2,644) 38,093 101,738  
Net cash used in operating activities   (44,071) (54,081) (79,526)  
Net cash provided by (used in) investing activities   (41,820) 59,755 (68,853)  
Net cash provided by (used in) financing activities   86,664 (72,672) 101,641  
Net increase (decrease) in cash and cash equivalents   773 (66,998) (46,738)  
Cash and cash equivalents, and restricted cash at the beginning of the year   47,309 114,307 161,045  
Cash and cash equivalents, and restricted cash at the end of the year   ¥ 48,082 ¥ 47,309 ¥ 114,307