Condensed financial information of the parent company (Tables)

12 Months Ended

Dec. 31, 2023

Financial Information Of Parent Company

Schedule of condensed balance sheets

	December 31, 2022			December 31, 2023			December 31, 2023
	RMB			RMB			USD
ASSETS
OTHER ASSETS
Investment in subsidiaries		197,126,688			141,277,611			19,945,216
Total other assets		197,126,688			141,277,611			19,945,216
Total assets		197,126,688			141,277,611			19,945,216
LIABILITIES AND SHAREHOLDERS’ EQUITY
Other payables and accrued liabilities		98,664			98,664			14,305
Warrant liabilities		425,619			62,200			8,782
Total liabiliteis		524,283			160,864			23,087
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY
Ordinary shares,$0.001 par value1		36,144			42,318			5,941
Additional paid-in capital		254,138,709			286,296,970			41,180,750
Accumulated deficit		(65,500,622	)		(146,909,851	)		(20,668,617	)
Statutory reserves		11,110,699			3,052,776			431,019
Accumulated other comprehensive loss		(3,182,525	)		(1,365,466	)		(1,026,964	)
Total shareholders’ equity		196,602,405			141,116,747			19,922,129
Total liabilities and shareholders’ equity		197,126,688			141,277,611			19,945,216

¹ Par value has been adjusted for the reverse stock split effective February 2, 2024 (See Note 18 - Subsequent Event).

Schedule of condensed statements of income and comprehensive income

	For the Years Ended December 31,
	2022			2023			2023
	RMB			RMB			USD
OPERATING EXPENSES
General and administrative		(28,968	)		(32,164,435	)		(4,480,600	)
Total operating expenses		(28,968	)		(32,164,435	)		(4,480,600	)
Equity income (loss) of subsidiaries		(140,903,197	)		(114,125,394	)		(16,111,711	)
Total other income (expense), net		(140,903,197	)		(114,125,394	)		(16,111,711	)
CHANGE IN FAIR VALUE OF WARRANT LIABILITIES		4,415,328			372,961			52,927
NET INCOME		(136,458,901	)		(81,587,998	)		(11,578,184	)
FOREIGN CURRENCY TRANSLATION ADJUSTMENT		995,415			1,817,059			257,860
COMPREHENSIVE INCOME		(135,463,486	)		(79,770,939	)		(11,320,324	)

Schedule of condensed statements of cash flows

	For the Years Ended December 31,
	2022			2023			2023
	RMB			RMB			USD
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)		(136,458,901	)		(81,587,998	)		(11,578,184	)
Adjustments to reconcile net income to cash used in operating activities:
Equity income (loss) of subsidiaries		140,903,197			114,125,394			16,111,711
Issuance of common shares under the Company’s 2023 Equity Incentive Plan		-			(32,164,435	)		(4,480,600	)
Change in fair value of warrant liabilities		(4,415,328	)		(372,961	)		(52,927	)
Intercompany		-			-			-
Other payables and accrued liabilities		(28,968	)		-			-
Net cash used in operating activities		-			-			-
CASH FLOWS FROM INVESTING ACTIVITIES:		-			-			-
Net cash (used in) provided by investing activities		-			-			-
CASH FLOWS FROM FINANCING ACTIVITIES:
Net cash provided by financing activities		-			-			-
EFFECT OF EXCHANGE RATE ON CASH
CHANGES IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH		-			-			-
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of year		-			-			-
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of year		-			-			-