Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2024

Summary of Significant Accounting Policies [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables represent the fair value hierarchy of the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2023 and June 30, 2024:

	As of December 31, 2023
	Fair Value Measurement at the Reporting Date using
	Quoted price in active markets for identical assets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3		Total
	RMB		RMB		RMB		RMB
Financial assets:
Investment in marketable equity security		31,525		-		-		31,525

	As of June 30, 2024
	Fair Value Measurement at the Reporting Date using
	Quoted price in active markets for identical assets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3		Total
	RMB		RMB		RMB		RMB
Financial assets:
Investment in marketable equity security		35,290		-		-		35,290

Schedule of Forth Types of Our Revenue

The following table sets forth types of our revenue for the periods indicated:

	For the six months ended June 30,
	2023		2024		2024
	RMB		RMB		US$
Live streaming - consumable virtual items revenue		640,740		671,308		92,375
Live streaming - time based virtual item revenue		11,890		12,516		1,722
Technical services and others		14,812		7,315		1,007
Total revenue		667,442		691,139		95,104

Schedule of Sets Forth Our Revenue

The following table sets forth our revenue by platforms for the periods indicated:

	For the six months ended June 30,
	2023		2024		2024
	RMB		RMB		US$
Showself		171,689		139,571		19,205
Lehai		100,818		188,100		25,883
Haixiu		121,639		143,525		19,750
Beelive		160,379		111,507		15,344
Hongle		98,105		101,121		13,915
Technical services and others		14,812		7,315		1,007
TOTAL		667,442		691,139		95,104