Condensed Financial Information of the Company (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Condensed Financial Information of the Company [Abstract] |
|
| Schedule of Statements of Financial Position |
Statements
of financial position of the Company
| | |
As
at December 31, | |
| | |
2024 | | |
2025 | | |
2025 | |
| | |
RMB | | |
RMB | | |
US$ | |
| NON-CURRENT ASSETS | |
| | |
| | |
| |
| Investments in
subsidiaries | |
| 380,339 | | |
| 448,431 | | |
| 64,125 | |
| Other
non-current Asset | |
| 30,529 | | |
| 29,851 | | |
| 4,269 | |
| Total
non-current assets | |
| 410,868 | | |
| 478,282 | | |
| 68,394 | |
| CURRENT ASSETS | |
| | | |
| | | |
| | |
| Prepayments, other receivables
and other assets | |
| 3,986,172 | | |
| 4,806,759 | | |
| 687,358 | |
| Cash
and bank balances | |
| 470,170 | | |
| 1,841,572 | | |
| 263,341 | |
| Total
current assets | |
| 4,456,342 | | |
| 6,648,331 | | |
| 950,699 | |
| CURRENT LIABILITIES | |
| | | |
| | | |
| | |
| Other payables and accruals | |
| 24,187 | | |
| 2,382 | | |
| 341 | |
| Total
current liabilities | |
| 24,187 | | |
| 2,382 | | |
| 341 | |
| NET
CURRENT ASSETS | |
| 4,432,155 | | |
| 6,645,949 | | |
| 950,358 | |
| TOTAL
ASSETS LESS CURRENT LIABILITIES | |
| 4,843,023 | | |
| 7,124,231 | | |
| 1,018,752 | |
| Net assets | |
| 4,843,023 | | |
| 7,124,231 | | |
| 1,018,752 | |
| EQUITY | |
| | | |
| | | |
| | |
| Share capital | |
| 214 | | |
| 256 | | |
| 37 | |
| Treasury shares | |
| (8 | ) | |
| (2,961 | ) | |
| (423 | ) |
| Capital and reserves | |
| 5,652,916 | | |
| 8,011,879 | | |
| 1,145,683 | |
| Exchange fluctuation reserve | |
| 108,598 | | |
| (40,959 | ) | |
| (5,857 | ) |
| Accumulated
losses | |
| (918,697 | ) | |
| (843,984 | ) | |
| (120,688 | ) |
| Total
equity | |
| 4,843,023 | | |
| 7,124,231 | | |
| 1,018,752 | |
|
| Schedule of Condensed Statements of Comprehensive Income |
Condensed
statements of comprehensive income
| | |
2023 | | |
2024 | | |
2025 | | |
2025 | |
| | |
RMB | | |
RMB | | |
RMB | | |
US$ | |
| Other income and
gains | |
| 18,597 | | |
| 17,925 | | |
| 102,560 | | |
| 14,666 | |
| Operating expenses | |
| (8,118 | ) | |
| (9,983 | ) | |
| (27,800 | ) | |
| (3,975 | ) |
| Other
expenses | |
| (24,741 | ) | |
| (21,585 | ) | |
| (47 | ) | |
| (7 | ) |
| LOSS
BEFORE TAX | |
| (14,262 | ) | |
| (13,643 | ) | |
| 74,713 | | |
| 10,684 | |
| LOSS
FOR THE YEAR | |
| (14,262 | ) | |
| (13,643 | ) | |
| 74,713 | | |
| 10,684 | |
| Exchange
differences on translation | |
| 84,629 | | |
| 67,715 | | |
| (149,557 | ) | |
| (21,386 | ) |
| TOTAL
COMPREHENSIVE INCOME FOR THE YEAR | |
| 70,367 | | |
| 54,072 | | |
| (74,844 | ) | |
| (10,702 | ) |
|
| Schedule of Condensed Statements of Cash Flows |
Condensed
statements of cash flows
| | |
For
the years ended December 31, | |
| | |
2023 | | |
2024 | | |
2025 | | |
2025 | |
| | |
RMB | | |
RMB | | |
RMB | | |
US$ | |
Net
cash generated from(used in) operating activities | |
| 9,727 | | |
| (41,686 | ) | |
| 123,427 | | |
| 17,650 | |
| Net cash used in investing
activities | |
| (535,395 | ) | |
| (589,153 | ) | |
| (1,850,400 | ) | |
| (264,604 | ) |
Net
cash generated from financing activities | |
| 464,166 | | |
| 531,922 | | |
| 2,229,331 | | |
| 318,790 | |
| Effect
of foreign exchange rate changes, net | |
| 1,581 | | |
| 9,311 | | |
| (56,093 | ) | |
| (8,021 | ) |
Net
(decrease)/increase in cash and cash equivalents | |
| (59,921 | ) | |
| (89,606 | ) | |
| 446,265 | | |
| 63,815 | |
|
| Schedule of Company’s Reserves |
A
summary of the Company’s reserves is as follows:
| |
|
Capital
and
reserves |
|
|
Exchange
Fluctuation
reserve |
|
|
Accumulated
losses |
|
|
Total |
|
| |
|
RMB |
|
|
RMB |
|
|
RMB |
|
|
RMB |
|
| At
January 1, 2023 |
|
|
4,526,096 |
|
|
|
(43,746 |
) |
|
|
(890,792 |
) |
|
|
3,591,558 |
|
| Loss
for the year |
|
|
- |
|
|
|
- |
|
|
|
(14,262 |
) |
|
|
(14,262 |
) |
| Other
comprehensive income for the year: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exchange
differences on translation of the Company |
|
|
- |
|
|
|
84,629 |
|
|
|
- |
|
|
|
84,629 |
|
| Total
comprehensive income for the year |
|
|
- |
|
|
|
84,629 |
|
|
|
(14,262 |
) |
|
|
70,367 |
|
| Issue
of ordinary shares |
|
|
470,066 |
|
|
|
- |
|
|
|
- |
|
|
|
470,066 |
|
| Employees
share-based compensation scheme |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Pre-IPO
share option expenses |
|
|
3,750 |
|
|
|
- |
|
|
|
- |
|
|
|
3,750 |
|
| RSU
expenses |
|
|
27,753 |
|
|
|
- |
|
|
|
- |
|
|
|
27,753 |
|
| Exercise
of Pre-IPO share options |
|
|
7 |
|
|
|
- |
|
|
|
- |
|
|
|
7 |
|
| Vesting
of RSUs |
|
|
(11,123 |
) |
|
|
- |
|
|
|
- |
|
|
|
(11,123 |
) |
| Equity-settled
bonus |
|
|
55,466 |
|
|
|
- |
|
|
|
- |
|
|
|
55,466 |
|
| At
December 31, 2023 and January 1, 2024 |
|
|
5,072,015 |
|
|
|
40,883 |
|
|
|
(905,054 |
) |
|
|
4,207,844 |
|
| Loss
for the year |
|
|
- |
|
|
|
- |
|
|
|
(13,643 |
) |
|
|
(13,643 |
) |
| Other
comprehensive income for the year: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exchange
differences on translation of the Company |
|
|
- |
|
|
|
67,715 |
|
|
|
- |
|
|
|
67,715 |
|
| Total
comprehensive income for the year |
|
|
- |
|
|
|
67,715 |
|
|
|
(13,643 |
) |
|
|
54,072 |
|
| Issue
of ordinary shares |
|
|
533,923 |
|
|
|
- |
|
|
|
- |
|
|
|
533,923 |
|
| Employees
share-based compensation scheme |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| RSU
expenses |
|
|
20,924 |
|
|
|
- |
|
|
|
- |
|
|
|
20,924 |
|
| Exercise
of Pre-IPO share options |
|
|
6 |
|
|
|
- |
|
|
|
- |
|
|
|
6 |
|
| Vesting
of RSUs |
|
|
(14,671 |
) |
|
|
- |
|
|
|
- |
|
|
|
(14,671 |
) |
| Equity-settled
bonus |
|
|
40,719 |
|
|
|
- |
|
|
|
- |
|
|
|
40,719 |
|
| At
December 31, 2024 and January 1, 2025 |
|
|
5,652,916 |
|
|
|
108,598 |
|
|
|
(918,697 |
) |
|
|
4,842,817 |
|
| Loss
for the year |
|
|
- |
|
|
|
- |
|
|
|
74,713 |
|
|
|
74,713 |
|
| Other
comprehensive income for the year: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exchange
differences on translation of the Company |
|
|
- |
|
|
|
(149,557 |
) |
|
|
- |
|
|
|
(149,557 |
) |
| Total
comprehensive income for the year |
|
|
- |
|
|
|
(149,557 |
) |
|
|
74,713 |
|
|
|
(74,844 |
) |
| Issue
of ordinary shares |
|
|
2,279,855 |
|
|
|
- |
|
|
|
- |
|
|
|
2,279,855 |
|
| Employees
share-based compensation scheme |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Post-IPO
share option expenses |
|
|
2,420 |
|
|
|
- |
|
|
|
- |
|
|
|
2,420 |
|
| RSU
expenses |
|
|
18,454 |
|
|
|
- |
|
|
|
- |
|
|
|
18,454 |
|
| Exercise
of Pre-IPO share options |
|
|
4 |
|
|
|
- |
|
|
|
- |
|
|
|
4 |
|
| Vesting
of RSUs |
|
|
(638 |
) |
|
|
- |
|
|
|
- |
|
|
|
(638 |
) |
| Equity-settled
bonus |
|
|
58,868 |
|
|
|
- |
|
|
|
- |
|
|
|
58,868 |
|
| At
December 31, 2025 |
|
|
8,011,879 |
|
|
|
(40,959 |
) |
|
|
(843,984 |
) |
|
|
7,126,936 |
|
| At
December 31, 2025 in US$ |
|
|
1,145,683 |
|
|
|
(5,857 |
) |
|
|
(120,688 |
) |
|
|
1,019,138 |
|
|