XML 44 R35.htm IDEA: XBRL DOCUMENT
v3.24.3

Other Current Assets and NonCurrent Assets (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Other Current Assets and NonCurrent Assets [Abstract] |
Schedule of Other Current Assets | Other current assets consisted of the following:
|  | December 31, 2023 |  |  | June 30, 2024 |
|  | RMB |  |  | RMB |  |  | US$ |
|  |  |  |  | (Unaudited） |
Value-added tax recoverable |  |  | 8,887 |  |  |  | 9,036 |  |  |  | 1,243 |
Loans to third parties |  |  | 18,827 |  |  |  | 19,217 |  |  |  | 2,644 |
Refund receivable from supplier |  |  | 2,746 |  |  |  | 2,746 |  |  |  | 378 |
Prepayment |  |  | 42,599 |  |  |  | 43,603 |  |  |  | 6,000 |
Deposit in Escrow account |  |  | 21,300 |  |  |  | - |  |  |  | - |
Deposits |  |  | 1,828 |  |  |  | 2,091 |  |  |  | 288 |
Staff advances |  |  | 422 |  |  |  | 494 |  |  |  | 68 |
Others |  |  | 692 |  |  |  | 1,132 |  |  |  | 157 |
Less: Allowance for doubtful accounts |  |  | (2,488 | ) |  |  | (2,353 | ) |  |  | (324 | )
|  |  | 94,813 |  |  |  | 75,966 |  |  |  | 10,454 |
Schedule of Allowance for Doubtful Accounts | An analysis of the doubtful accounts was as follows:
|  | December 31 |  |  | June 30 |
|  | 2023 |  |  | 2024 |
|  | RMB |  |  | RMB |  |  | US$ |
|  |  |  |  | (Unaudited） |
Balance at beginning of the period |  |  | (1,435 | ) |  |  | (2,488 | ) |  |  | (342 | )
Additional (allowance)/reversal for doubtful accounts |  |  | (1,053 | ) |  |  | 135 |  |  |  | 18 |
Balance at the end of the period |  |  | (2,488 | ) |  |  | (2,353 | ) |  |  | (324 | )
Schedule of Other Non-current Assets | Other non-current assets consisted of the following:
|  | December 31, 2023 |  |  | June 30, 2024 |
|  | RMB |  |  | RMB |  |  | US$ |
|  |  |  |  | (Unaudited) |
Loans to third parties (i) |  |  | 36,029 |  |  |  | 36,865 |  |  |  | 5,073 |
| (i) | On March 31, 2023, the Company entered into a five-year loan agreement with Worthy Credit Limited (“Worthy Credit”), pursuant to which the Company provides a loan of $5,000 to Worthy Credit bearing an interest rate of 2% per annum. Worthy Credit shall provide loan services to the Company’s customers who purchase the Company’s products sold in Hong Kong. As a result, the Company shall expect to promote its sourcing services, product sales as well as battery-swapping services in Hong Kong. As of the date of this report, no loan has yet been granted to any customers, since there has been no contract entered into yet with any dealers or purchasers of battery swapping stations.

X
- References No definition available. + Details
Name: | us-gaap_OtherAssetsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of noncurrent assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(17)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfOtherAssetsNoncurrentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other current assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_SummaryOfValuationAllowanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration