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Segments
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segments

Note 19 — Segments

 

ASC 280, “Segment Reporting”, establishes standards for reporting financial information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for detailing the Company’s business segments.

 

The Company’s chief operating decision maker (CODM) is the Chief Executive Officer, who reviews the above financial information of the separate operating segments when making decisions about allocating resources and assessing the performance of the group. The Company has determined that it has one operating segment, which is provided central processing algorithm services and intelligent chips and services. There were no significant segment expenses that were regularly provided to the CODM for the year ended December 31, 2024.

 

The following tables present summary information by segment for the years ended December 31, 2022, 2023 and 2024:

 

                       
   

Central

processing

algorithm

services

   

Intelligent

chips and

services

     Total
December 31,
2022		  
    RMB     RMB     RMB  
Revenues     447,812,310       138,247,782       586,060,092  
Cost of revenues     324,243,973       134,343,805       458,587,778  
Gross profit     123,568,337       3,903,977       127,472,314  
Depreciation and amortization     1,706,553       7,539,696       9,246,249  
Total capital expenditures     1,082,391       -       1,082,391  
   

Central

processing

algorithm

services

   

Intelligent

chips and

services

     Total
December 31,
2023		  
    RMB     RMB     RMB  
Revenues     569,906,586       10,109,828       580,016,414  
Cost of revenues     395,959,074       10,067,646       406,026,720  
Gross profit     173,947,512       42,182       173,989,694  
Depreciation and amortization     6,774,207       406,754       7,180,961  
Total capital expenditures     72,139       -       72,139  

 

   

Central

processing

algorithm

services

    Total
December 31,
2024		  
    RMB     RMB     USD  
Revenues     541,487,420       541,487,420       75,327,948  
Cost of revenues     387,719,164       387,719,164       53,936,782  
Gross profit     153,768,256       153,768,256       21,391,166  
Depreciation and amortization     1,289,020       1,289,020       179,319  
Total capital expenditures     28,641       28,641       3,984  

 

Total assets as of:

 

    December 31,
2023		     December 31,
2024		     December 31,
2024		  
    RMB     RMB     USD  
Central processing algorithm services     410,520,259       1,267,134,187       176,274,857  
Total assets     410,520,259       1,267,134,187       176,274,857  

 

The Company’s operations are primarily based in the mainland PRC, Hong Kong and international, where the Company derives a substantial portion of their revenues. Management also reviews consolidated financial results by business locations. Disaggregated information of revenues by geographic locations are as follows:

 

                               
    For the
year ended
December 31,
2022		     For the
year ended
December 31,
2023		     For the
year ended
December 31,
2024		     For the
year ended
December 31,
2024		  
    RMB     RMB     RMB     USD  
Mainland PRC revenues     448,978,186       540,294,309       414,763,523       57,699,003  
Hong Kong revenues     -       29,612,277       126,723,897       17,628,945  
International revenues     137,081,907       10,109,828       -       -  
Total revenues     586,060,092       580,016,414       541,487,420       75,327,948