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Condensed Financial Information of the Parent Company | 12 Months Ended
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Dec. 31, 2023
Condensed Financial Information of the Parent Company [Abstract] |
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY | 20. CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY The Company performed a test on the restricted net assets of consolidated subsidiary in accordance with U.S. Securities and Exchange Commission Regulation S-X Rule 4-08 (e) (3), “General Notes to Financial Statements” and concluded that it was applicable for the Company to disclose the financial statements for the parent company. The condensed financial information of the parent company, Jayud, has been prepared using the same accounting policies as set out in Jayud’s consolidated financial statements except that the parent company has used equity method to account for its investment in its subsidiaries. Jayud’s share of income and losses from its subsidiaries is reported as incomes from subsidiaries in the accompanying condensed financial information of parent company. Jayud is incorporated in the Cayman Islands. Under the current laws of the Cayman Islands, Jayud is not subject to income or capital gains taxes. In addition, dividend payments are not subject to withholdings tax in the Cayman Islands. Jayud did not have significant capital and other commitments, long-term obligations, or guarantees as of December 31, 2022 and 2023. Condensed balance sheets
|  | As of December 31, |  |  | As of December 31 |
|  | 2022 |  |  | 2023 |
|  | RMB |  |  | RMB |  |  | US$ |
Assets |  |  |  |  |  |  |  |  |
Current assets |  |  |  |  |  |  |  |  |
Cash |  |  | - |  |  |  | 572,709 |  |  |  | 80,860 |
Due from subsidiaries |  |  | - |  |  |  | 22,494,815 |  |  |  | 3,176,023 |
Total current assets |  |  | - |  |  |  | 23,067,524 |  |  |  | 3,256,883 |
Non-current assets |  |  |  |  |  |  |  |  |  |  |  |
Investments in subsidiaries |  |  | 33,325,657 |  |  |  | - |  |  |  | - |
Total assets |  |  | 33,325,657 |  |  |  | 23,067,524 |  |  |  | 3,256,883 |
Non-current liabilities |  |  |  |  |  |  |  |  |  |  |  |
Due to shareholders |  |  | - |  |  |  | 839,730 |  |  |  | 118,561 |
Deficit of investment in subsidiaries |  |  | - |  |  |  | 40,283,193 |  |  |  | 5,687,547 |
Total liabilities |  |  | - |  |  |  | 41,122,923 |  |  |  | 5,806,108 |
Shareholders’ equity |  |  |  |  |  |  |  |  |  |  |  |
Class A Ordinary shares (par value of US$0.0001 per share;480,000,000 Class A ordinary shares authorized and 13,590,400 and 14, 942,623 Class A ordinary shares issued and outstanding as of December 31, 2022 and 2023, respectively.) |  |  | 8,830 |  |  |  | 9,787 |  |  |  | 1,382 |
Class B Ordinary shares (par value of US$0.0001 per share; 20,000,000 Class B ordinary shares authorized and 6,409,600 class B shares issued and outstanding as of December 31, 2022 and 2023, respectively.) |  |  | 4,087 |  |  |  | 4,087 |  |  |  | 577 |
Additional paid-in capital |  |  | 72,691,813 |  |  |  | 60,423,647 |  |  |  | 8,531,160 |
Subscription receivable |  |  | （34,823,000) |  |  |  | - |  |  |  | - |
Statutory reserves |  |  | 4,651,141 |  |  |  | 502,941 |  |  |  | 71,010 |
Retained earnings (Accumulated deficit) |  |  | (9,025,668 | ) |  |  | (77,454,208 | ) |  |  | (10,935,689 | )
Accumulated other comprehensive income |  |  | (181,546 | ) |  |  | (1,541,653 | ) |  |  | (217,665 | )
Total shareholders’ equity/ (deficit) |  |  | 33,325,657 |  |  |  | (18,055,399 | ) |  |  | (2,549,225 | )
Total liabilities and shareholders’ equity/ (deficit) |  |  | 33,325,657 |  |  |  | 23,067,524 |  |  |  | 3,256,883 |
Condensed statements of comprehensive income
|  | For the years ended December 31, |
|  | 2021 |  |  | 2022 |  |  | 2023 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |
Share of income (loss) from subsidiaries |  |  | 10,305,308 |  |  |  | 3,888,723 |  |  |  | (69,491,719 | ) |  |  | (9,811,474 | )
Total operating income/ (loss) |  |  | 10,305,308 |  |  |  | 3,888,723 |  |  |  | (69,491,719 | ) |  |  | (9,811,474 | )
General and administrative expenses |  |  |  |  |  |  |  |  |  |  | (3,085,021 | ) |  |  | (435,571 | )
Total operating expenses |  |  |  |  |  |  |  |  |  |  | (3,085,021 | ) |  |  | (435,571 | )
Income (loss) before income tax expense |  |  | 10,305,308 |  |  |  | 3,888,723 |  |  |  | (72,576,740 | ) |  |  | (10,247,045 | )
Income tax expense |  |  |  |  |  |  | - |  |  |  | - |  |  |  | - |
Net income (loss) |  |  | 10,305,308 |  |  |  | 3,888,723 |  |  |  | (72,576,740 | ) |  |  | (10,247,045 | )
Other comprehensive income (loss) |  |  | 10,158 |  |  |  | (200,146 | ) |  |  | (1,360,105 | ) |  |  | (192,032 | )
Total comprehensive income (loss) |  |  | 10,315,466 |  |  |  | 3,688,577 |  |  |  | (72,576,740 | ) |  |  | (10,247,045 | )
Condensed statements of cash flows
|  | For the years ended December 31, |
|  | 2021 |  |  | 2022 |  |  | 2023 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  |  | 10,305,308 |  |  |  | 3,888,723 |  |  |  | (72,576,740 | ) |  |  | (10,247,045 | )
Adjustments to reconcile net income (loss) to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity in (gain) loss of subsidiaries |  |  | (10,305,308 | ) |  |  | (3,888,723 | ) |  |  | 69,491,719 |  |  |  | 9,811,474 |
Net cash used in operating activities |  |  | - |  |  |  | - |  |  |  | (3,085,021 | ) |  |  | (435,571 | )
Net cash from investing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment in subsidiaries |  |  | - |  |  |  | - |  |  |  | (37,191,258 | ) |  |  | (5,251,000 | )
Net cash used in investing activities |  |  | - |  |  |  | - |  |  |  | (37,191,258 | ) |  |  | (5,251,000 | )
Net cash from financing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from shares issued |  |  | - |  |  |  | - |  |  |  | 73,133,125 |  |  |  | 10,325,600 |
Increase in due from subsidiaries |  |  | - |  |  |  | - |  |  |  | (26,344,560 | ) |  |  | (3,719,565 | )
Payments for deferred offering costs |  |  | - |  |  |  | - |  |  |  | (7,355,544 | ) |  |  | (1,038,523 | )
Proceeds from loans provided by shareholders |  |  | - |  |  |  | - |  |  |  | 839,730 |  |  |  | 118,561 |
Net cash provided by financing activities |  |  | - |  |  |  | - |  |  |  | 40,272,752 |  |  |  | 5,686,074 |
Net decrease in cash |  |  | - |  |  |  | - |  |  |  | (3,527 | ) |  |  | (498 | )
Effect of exchange rate changes |  |  |  |  |  |  |  |  |  |  | 576,236 |  |  |  | 81,358 |
Cash at beginning of year |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Cash at end of year |  |  | - |  |  |  | - |  |  |  | 572,709 |  |  |  | 80,860 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480922/205-10-S99-6 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481231/810-10-45-11 + Details
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