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Accrued Expenses and Other Current Liabilities
6 Months Ended
Dec. 31, 2025
Accrued Expenses and Other Current Liabilities [Abstract]  
Accrued expenses and other current liabilities

6. Accrued expenses and other current liabilities

 

Accrued expenses and other current liabilities consisted of the following:

 

   As of
June 30,
2025
   As of
December 31,
2025
 
   RMB   RMB 
       (Unaudited) 
Legal fee payable(1)   1,526,258    1,020,000 
Loan to a third party(2)   
-
    1,000,000 
Payroll payable   465,858    213,304 
Accrued expenses   54,000    184,500 
Vehicle payments payable   134,400    66,667 
Refundable security deposits   161,225    45,000 
Others   3,065    344,092 
Total   2,344,806    2,873,563 

 

(1)The balance primarily consisted of accrued professional service payables for IPO-related professional service expenses as of June 30, 2025 and December 31, 2025.

 

(2)On December 29, 2025, Hangzhou Shunxing entered into a loan agreement with a third party for a principal amount of RMB1,000,000 with a monthly interest rate of 1.2% and a term of one month. In January 2026, the loan was fully repaid by the Group.