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Accounts Receivable, Net
6 Months Ended
Jun. 30, 2025
Accounts Receivable, Net [Abstract]  
ACCOUNTS RECEIVABLE, NET

NOTE 3 — ACCOUNTS RECEIVABLE, NET

 

   December 31,
2024
   June 30,
2025
 
   RMB   RMB 
Accounts receivable   74,886,095    41,981,306 
Allowance for credit losses   (38,352,201)   (38,308,560)
Accounts receivable, net   36,533,894    3,672,746 

 

The following table presents movement of the allowance for credit losses:

 

   December 31,
2024
   June 30,
2025
 
   RMB   RMB 
Balance at the beginning of the year/period   37,610,720    38,352,201 
Provisions (reversal) of expected credit losses   741,481    (43,641)
Balance at the end of the year/period   38,352,201    38,308,560