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Operating Leases
12 Months Ended
Dec. 31, 2024
Operating Leases [Abstract]  
Operating leases

9.      Operating leases

The Company entered into various operating lease agreements for offices space. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants.

The following component of lease cost are included in the Company’s consolidated statements of operations and comprehensive income (loss):

 

For the
year ended
December 31,
2022

 

For the
year ended
December 31,
2023

 

For the
year ended
December 31,
2024

   

RMB

 

RMB

 

RMB

Operating lease cost

 

11,385,312

 

6,051,298

 

2,600,988

Short-term lease cost

 

295,564

 

198,306

 

429,324

Total lease cost

 

11,680,876

 

6,249,604

 

3,030,312

Supplemental disclosure related to operating leases were as follows:

 

For the
year ended
December 31,
2022

 

For the
year ended
December 31,
2023

 

For the
year ended
December 31,
2024

   

RMB

 

RMB

 

RMB

Cash paid for amounts included in the measurement of lease liabilities

           

Operating cash flows for operating leases

 

5,822,406

 

4,648,690

 

2,360,943

 

As of
December 31,
2023

 

As of
December 31,
2024

Weighted average remaining lease term of operating leases (years)

 

3.53

 

 

3.26

 

Weighted average discount rate of operating leases

 

6.24

%

 

6.24

%

The following table summarizes the maturity of operating lease liabilities as of December 31, 2024:

As of December 31,

 

2024

   

RMB

2025

 

2,162,055

 

2026

 

1,363,825

 

2027

 

1,197,632

 

2028

 

602,088

 

2029

 

 

Total lease payments

 

5,325,600

 

Less: imputed interest

 

(494,141

)

Total lease liabilities

 

4,831,459

 

Less: current portion

 

(1,914,109

)

Non-current lease liabilities

 

2,917,350