Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Summary of Significant Accounting Policies [Abstract]

Schedule of Estimated Useful Lives

The estimated useful lives are as follows:

Computer and transmission equipment	3 years
Furniture, fixtures and office equipment	5 years

Schedule of Estimated Economic Life of the Intangible Assets

Intangible assets with a finite useful life are amortized using the straight-line method over the estimated economic life of the intangible assets as follows:

Trademark	10 years
Patent	10 years
Copyright	10 years
Software	3 to 10 years
Licenses acquired	3 years

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 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 December 31, 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		37,629		-		-		37,629

Schedule of Forth Types of Revenue for Periods

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

	For the years ended December 31,
	2022		2023		2024		2024
	RMB		RMB		RMB		US$
Live streaming - consumable virtual items revenue		1,886,179		1,420,258		1,317,601		180,510
Live streaming - time based virtual item revenue		27,683		25,004		24,935		3,416
Technical services and others		39,395		19,609		20,848		2,857
Total revenue		1,953,257		1,464,871		1,363,384		186,783

Schedule of Sets Forth Revenue by Platforms

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

	For the years ended December 31,
	2022		2023		2024		2024
	RMB		RMB		RMB		US$
Showself		521,155		334,186		330,271		45,246
Lehai		241,851		263,517		330,279		45,248
Haixiu		317,953		245,049		271,809		37,238
Beelive		545,296		304,730		212,035		29,049
Hongle		287,607		297,780		198,142		27,145
Technical services and others		39,395		19,609		20,848		2,857
TOTAL		1,953,257		1,464,871		1,363,384		186,783