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Accounts Receivables
12 Months Ended
Dec. 31, 2024
Accounts Receivables  
Accounts Receivables

4. Accounts Receivables

4.1 Accounts receivable consist of the following:

As of December 31, 

    

2023

    

2024

RMB

RMB

    

US$

Accounts receivables

 

26,082,307

 

34,550,465

 

4,733,394

Allowance for credit losses

 

(205,489)

 

(274,956)

 

(37,669)

Accounts receivables, net

 

25,876,818

 

34,275,509

 

4,695,725

4.2 Movements of allowance for accounts receivable for the years ended December 31,2023 and 2024 are as follows:

As of December 31, 

2023

2024

    

RMB

    

RMB

    

US$

Balance at the beginning of the year

205,489

28,152

Additions

 

205,489

 

69,467

 

9,517

Balance at the end of the year

 

205,489

 

274,956

 

37,669