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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of property and equipment over estimated useful life

Electronic equipment

    

3 – 5 years

Machinery and equipment

10 years

Furniture and fixture

5 years

Transportation vehicles

4 years

Leasehold improvements

Over the shorter of the expected lease term or useful lives

Schedule of intangible assets useful life

Software

    

3 – 10 years

Technology

3 – 8 years

Schedule of accrued warranty liability

For the Year ended December 31, 

    

2021

    

2022

    

2023

RMB

RMB

RMB

Balance as of the beginning of the year

 

10,042

 

13,932

 

17,694

Warranty provision

 

10,766

 

8,467

 

26,247

Consumption

 

(6,876)

 

(4,705)

 

(15,516)

Balance as of the end of the year

 

13,932

 

17,694

 

28,425

Schedule of impact on the combined and consolidated balance sheets upon adoption of ASC842

December 31, 2021

January 1, 2022

Effect of the

After adoption

    

As reported

    

adoption of ASC 842

    

of ASC 842

RMB

RMB

RMB

ASSETS

Right-of-use assets

 

 

36,030

 

36,030

TOTAL ASSETS

 

 

36,030

 

36,030

LIABILITIES AND SHAREHOLDERS’ EQUITY

 

  

 

  

    

Accrued expenses and other current liabilities

 

569

 

12,566

 

13,135

Lease liabilities, non-current

 

 

23,464

 

23,464

TOTAL LIABILITIES

 

569

 

36,030

 

36,599

TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT

 

569

 

36,030

 

36,599

Schedule of concentration of risks

Concentration of customers

The following customers accounted for 10% or more of revenue for the years ended December 31, 2021, 2022 and 2023:

For the Year ended

 

December 31, 

 

    

2021

    

2022

    

2023

 

Customer A

 

*

24.3

%  

25.6

%

Customer B

17.5

%

13.7

%  

28.4

%

Customer C

 

12.7

%  

*

*

The following customers accounted for 10% or more of the Group’s accounts receivable, contract assets and amount due from related parties as of December 31, 2022 and 2023:

As of December 31, 

    

2022

    

2023

    

Customer A

 

61.0

%  

41.3

%

Customer B

 

15.3

%  

10.2

%

Customer D

 

*

11.2

%

Concentration of suppliers

The Group has one supplier accounted for 10% or more of purchases for the years ended December 31, 2021 and 2022:

    

For the Year ended December 31,

 

    

2021

    

2022

    

2023

 

Supplier A

13.7

%  

12.3

%  

*