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Reverse Recapitalization (Tables) | 12 Months Ended
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Dec. 31, 2025
Reverse Recapitalization |
Schedule of Ordinary Shares Issued Immediately Following Consummation of Reverse Recapital | The number of ordinary shares issued immediately following the consummation of the Reverse Recapitalization were as follows: Schedule of Ordinary Shares Issued Immediately Following Consummation of Reverse Recapital
|  | Number of shares |
CCT’s ordinary shares outstanding at December 31, 2022 |  |  | 432,673,255 |
CCT’s ordinary shares issued to the Preferred Shareholders (Note 14) |  |  | 17,942,206 |
CCT’s ordinary shares outstanding prior to the Reverse Recapitalization |  |  | 450,615,461 |
Conversion of CCT’s ordinary shares(1) |  |  | 33,098,268 |
Conversion of CCT’s convertible redeemable preferred shares(1) |  |  | 35,190,468 |
Conversion of Prime Impact’s Class A ordinary shares(2) |  |  | 375,193 |
Conversion of Prime Impact’s Class B ordinary shares(2) |  |  | 4,341,052 |
Ordinary shares attributable to conversion |  |  | 73,004,981 |
Ordinary shares attributable to Prime Impact Cayman LLC(3) |  |  | 634,228 |
Ordinary shares attributable to World Dynamic Limited(3) |  |  | 1,300,000 |
Ordinary shares attributable to Goldrock Holdings Limited(3) |  |  | 500,000 |
Total number of ordinary shares as of closing of the Reverse Recapitalization and PIPE transactions |  |  | 75,439,209 |
(1) | On the Closing Date, CCT converted its (i) 450,615,461 issued and outstanding ordinary shares; and (ii) 479,099,566 convertible redeemable preferred shares, issued and outstanding immediately prior to the Reverse Recapitalization into 33,098,268 and 35,190,468 Class A ordinary shares of the Company, respectively, based on the conversion ratio of 13.6145:1.
(2) | On the Closing Date, Prime Impact converted its issued and outstanding (i) 375,193 Class A ordinary shares; and (ii) 4,341,052 Class B ordinary shares into 4,716,245 Class A ordinary shares of the Company.
(3) | On September 11, 2023, Prime Impact, CCT and the Company entered into certain Subscription Agreements and a Backstop Agreement with global institutional investors in connection with the Business Combination. Pursuant to such agreements, the Company issued 634,228, 1,300,000, and 500,000 Class A ordinary shares to the Sponsor, World Dynamic Limited, and Goldrock Holdings Limited for the consideration of US$10.00 per share, respectively.
Schedule of Supplemental Reverse Recapitalization | Supplemental schedule about Reverse Recapitalization Schedule of Supplemental Reverse Recapitalization
|  | For the year ended December 31, |
|  | 2023 |
|  |  | RMB |
Cash held by Prime Impact and cash related to Prime Impact trust account |  |  | 360,745 |
Less redemptions |  |  | (331,574 | )
Cash related to trust account, net of redemptions |  |  | 29,171 |
Cash consideration for the subscription of shares by the Sponsor |  |  | 14,787 |
Cash available for payment of costs |  |  | 43,958 |
Less cash paid associated with transaction costs allocated to Reverse Recapitalization |  |  | (33,031 | )
Less cash paid on behalf of the Company for professional expenses |  |  | (2,318 | )
Proceeds from PIPE financing – Prime Impact Cayman LLC |  |  | 8,609 |
Proceeds from PIPE financing – World Dynamic Limited |  |  | 93,436 |
Proceeds from PIPE financing – Goldrock Holdings Limited |  |  | 35,863 |
Total contributions from PIPE financing |  |  | 137,908 |
Less cash payment associated with transaction costs allocated to PIPE |  |  | (4,953 | )
Net contributions from Reverse Recapitalization and PIPE financing |  |  | 132,955 |

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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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