XML 23 R14.htm IDEA: XBRL DOCUMENT
v3.24.3

Other Current Assets and NonCurrent Assets | 6 Months Ended
--- | ---
Jun. 30, 2024
Other Current Assets and NonCurrent Assets [Abstract] |
OTHER CURRENT ASSETS AND NONCURRENT ASSETS | 8. OTHER CURRENT ASSETS AND NONCURRENT 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 |
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 | )
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 The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_OtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration