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Long-Term Borrowings (Tables) | 12 Months Ended
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Feb. 28, 2025
Debt Disclosure [Abstract] |
Summary of Long-term Borrowings | Summary of long-term borrowings consisted of the following:
Creditors |  | Annual Interest Rate |  | Maturity Date |  | As of |
|  |  |  |  |  | February 29, 2024 |  |  | February 28, 2025 |
|  |  |  |  |  | RMB |  |  | RMB |  |  | USD |
China Merchants Bank (1) |  | 3.35%-3.60% |  | December 15, 2030 |  |  | 40,000 |  |  |  | 82,134 |  |  |  | 11,278 |
(1) The Company has entered into a facility agreement (the "Facility Agreement") with China Merchants Bank Co., Ltd. Singapore Branch for an uncommitted credit facility up to RMB 110 million (in USD equivalent), which will be utilized to provide credit support for a domestic fixed assets loan (the "Loan") of RMB 90 million. As of February 28, 2025, the Group has withdrawn RMB 82,134 (US$11,278) from the loan in China Merchants Bank Co., Ltd. Shanghai Branch with maturity date in December, 2030, including RMB 1,319 (US$181) with an effective interest rate of 3.60%, RMB 61,280 (US$8,415) with an effective interest rate of 3.40% and RMB 19,535 (US$2,682) with an effective interest rate of 3.35%. Loan is uncommitted fully cash backed, with restricted cash amount of RMB 127,449 (US$17,500) as of February 28, 2025. For the years ended February 28, 2023, February 29, 2024 and February 28, 2025, the Company incurred nil, RMB 142 and RMB 2,155 (US$296) in interest expense, of which nil, RMB 142 and RMB 990 (US$136) was capitalized in Property and equipment, net, respectively. (2) The Group is requested to make the repayment every half year for the principles from June 25, 2026 to December 15, 2030. For the long-term borrowings as of February 28, 2025, the repayment scheduled agreed by both parties is as following:
|  |  |  | Repayment Amount |
Period |  | Repayment Date |  | RMB |  |  | US$ |
1 |  | June 25, 2026 |  |  | 2,107 |  |  |  | 289 |
2 |  | July 25, 2026 |  |  | 2,000 |  |  |  | 275 |
3 |  | December 25, 2026 |  |  | 2,107 |  |  |  | 289 |
4 |  | January 25, 2027 |  |  | 2,000 |  |  |  | 275 |
5 |  | June 25, 2027 |  |  | 2,107 |  |  |  | 289 |
6 |  | July 25, 2027 |  |  | 2,000 |  |  |  | 275 |
7 |  | December 25, 2027 |  |  | 2,107 |  |  |  | 289 |
8 |  | January 25, 2028 |  |  | 2,000 |  |  |  | 275 |
9 |  | June 25, 2028 |  |  | 2,107 |  |  |  | 289 |
10 |  | July 25, 2028 |  |  | 2,000 |  |  |  | 275 |
11 |  | December 25, 2028 |  |  | 2,107 |  |  |  | 289 |
12 |  | January 25, 2029 |  |  | 2,000 |  |  |  | 275 |
13 |  | June 25, 2029 |  |  | 2,107 |  |  |  | 289 |
14 |  | July 25, 2029 |  |  | 2,000 |  |  |  | 275 |
15 |  | December 25, 2029 |  |  | 2,107 |  |  |  | 289 |
16 |  | January 25, 2030 |  |  | 2,000 |  |  |  | 275 |
17 |  | June 25, 2030 |  |  | 2,107 |  |  |  | 289 |
18 |  | July 25, 2030 |  |  | 2,000 |  |  |  | 275 |
19 |  | December 15, 2030 |  |  | 45,171 |  |  |  | 6,202 |
|  | Total |  |  | 82,134 |  |  |  | 11,278 |

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