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Segment Information
 6 Months Ended
Jun. 30, 2025
Segment Information [Abstract]  
SEGMENT INFORMATION

NOTE 14 — SEGMENT INFORMATION

 

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”), or decision making group, in deciding how to allocate resources and in assessing performance. The Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries’ CODM are Ms. Wang, the Chairwoman of the Board of Directors and Mr. Hu, CEO.

 

The Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries’ organizational structure is based on a number of factors that the CODM uses to evaluate, view and run its business operations which include, but not limited to, customer base, homogeneity of service and technology. The Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries’ operating segments are based on such organizational structure and information reviewed by the CODM to evaluate the operating segment results. Based on management’s assessment, the Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries has determined that it has two operating segments: (i) educational content services and other services. (ii) IT related solution services.

 

The following table presents revenue by segments for the six months ended June 30, 2025 and 2024, respectively:

 

   For the Six Months Ended June 30, 2024 
   IT related
solution
services		   Educational
content
service and
other services		   Total 
   RMB   RMB   RMB 
Revenue   198,709,821    10,593,209    209,303,030 
Cost of revenue and related tax   (163,614,028)   (4,031,994)   (167,646,023)
Gross profit   35,095,793    6,561,214    41,657,007 
Depreciation and amortization   150,943    
—
    150,943 
Net income   26,225,631    1,398,087    27,623,718 

 

   For the Six Months Ended June 30, 2025 
   IT related
solution
services		   Educational
content
service and
other services		   Total 
   RMB   RMB   RMB 
Revenue   2,716,933    4,957,064    7,673,997 
Cost of revenue and related tax   (2,476,181)   (3,675,973)   (6,152,154)
Gross profit   240,752    1,281,091    1,521,843 
Depreciation and amortization   250,520    
—
    250,520 
Net loss   (1,839,227)   (7,060,868)   (8,900,095)
   December 31,
2024		   June 30,
2025		 
   RMB   RMB 
Identifiable long-lived assets, net:          
IT related solution services   955,974    2,328,617 
Educational content service and other services   
—
    
—
 
Total   955,974    2,328,617 

 

Substantially the majority of the Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries’ revenues are derived from China based on the geographical locations where services are provided to customers. In addition, the Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries’ long-lived assets are substantially all located in and derived from China, and the amount of long-lived assets attributable to any individual other country is not material. Therefore, no geographical segments are presented.