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Share Based Compensation Expenses (Tables)

12 Months Ended

Jun. 30, 2024

Share Based Compensation Expenses [Abstract]

Schedule of Share Based Compensation Expenses

For the years ended June 30, 2022, 2023 and 2024, total share-based compensation expenses that pushed down to the Company from the Predecessors, were RMB100,988, nil and nil, respectively.

		For the years ended June 30,
		2022				2023				2024
		RMB				RMB				RMB
(a) Share options issued by Predecessors to employees			100,629				-				-
(b) Share options issued by Company to employees			190,370				191,583				27,757
(c) Restriction of ordinary shares held by the Founder			430				49				-
Total			291,429				191,632				27,757

Schedule of Summary of Activities of Share Options

A summary of activities of share options of the Company for the years ended June 30, 2022, 2023 and 2024 is presented below:

		Options Outstanding				Weighted Average Exercise Price (US$)				Weighted Average Remaining Contractual Life (In years)				Aggregate Intrinsic Value (RMB)
Outstanding as of July 1, 2021			14,318,812				0.3229				8.70				254,748
Granted			2,958,000				0.8000
Forfeited			(1,566,500	)			0.5841
Outstanding as of June 30, 2022			15,710,312				0.3861				7.90				346,142
Options vested and exercisable as of June 30, 2022			7,478,922				0.2041				7.23				173,915
Outstanding as of July 1, 2022			15,710,312				0.3861				7.9				346,142
Granted			3,375,000				0.1270
Forfeited			(860,061	)			0.5991
Outstanding as of June 30, 2023			18,225,251				0.1831				9.01				346,378
Options vested and exercisable as of June 30, 2023			10,478,605				0.1484				8.92				201,781
Outstanding as of July 1, 2023			18,225,251				0.1831				9.01				346,378
Granted			4,217,652				0.4066
Exercised			(1,852,806	)			0.2261
Forfeited			(2,807,954	)			0.2507
Expired			(120,003	)			0.7162
Outstanding as of June 30, 2024			17,662,140				0.2176				8.37				44,127
Options vested and exercisable as of June 30, 2024			11,871,925				0.1573				8.01				34,836

Schedule of Estimated Fair Value of Each Option Grant

The estimated fair value of each option grant is estimated on the date of grant using the Binominal option-pricing model with the following assumptions:

		For the years ended June 30,
		2022				2023				2024
Expected volatility			44.04%-45.32	%			46.00%-48.00	%			81.85%-83.12	%
Risk-free interest rate (per annum)			1.48%-2.39	%			3.15%-3.80	%			3.84%-4.27	%
Expected dividend yield			0.00	%			0.00	%			0.00	%
Expected term (in years)			10				10				10
Fair value of the underlying shares on the date of option grants (US$)			3.08-3.87				3.80-3.93				0.53-1.20

Schedule of Summary of Activities of Restricted Shares

A summary of activities of restricted shares for the years ended June 30, 2022 and 2023 is presented below

		Number of shares				Weighted- Average Grant Date Fair Value (in US$)
Unvested at July 1, 2021			13,660,660				0.07
Granted			-				-
Vested			(6,905,330	)			0.08
Unvested at June 30, 2022			6,755,330				0.06
Unvested at July 1, 2022			6,755,330				0.06
Vested			(6,755,330	)			0.06
Unvested at June 30, 2023			-				-

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Tabular disclosure of arrangements with individual employees that are not equity-based payments or pensions and other postretirement benefits, which are generally employment contracts between the entity and selected officers or key employees containing a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Examples may include profit sharing, deferred bonuses or certain split-dollar life insurance arrangements. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period and the carrying amount as of the balance sheet date of the related liability.

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