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Organization (Tables)
6 Months Ended
Jun. 30, 2023
Organization [Abstract]  
Schedule of Principal Subsidiaries As of the date of this report, the details of the Company’s principal subsidiaries are as follows:
Entity   Date of
incorporation/
acquisition
  Place of
incorporation
  Percentage
of direct
or indirect
ownership
by the
Company  
  Principal activities
Subsidiaries:                
Youcang Limited (“Youcang”)   June 30, 2021   British Virgin Islands   100%   Investment holding
Energy U Limited (“Energy U”)   July 19, 2021   Hong Kong   100%   Investment holding
Shandong Yousheng New Energy Technology Development Co, Ltd. (“WFOE”)(1)   January 27, 2022   PRC   100%   Provision of technical and consultation services
Anhui Yousheng New Energy Co., Ltd (“AHYS”)(1)   May 16, 2013   PRC   100%   Dormant Company
Youpin Automobile Service Group Co. Ltd. (“Youpin”)(1)   July 18, 2013   PRC   53.1072%   Provision of new energy vehicles sales, battery swapping stations sales, battery swapping services and sourcing services
Shanghai Youqiao International Trade Co., Ltd. (“SH Youqiao”)(1)   May 29, 2014   PRC   100%   Dormant Company
Shanghai Youchuangneng Digital Technology Co., Ltd. (“SY Digital Tech) (1)   November 13, 2015   PRC   100%   Provision of new energy vehicles sales, battery swapping stations sales, battery swapping services and sourcing services
Youguan Financial Leasing Co., Ltd. (“Youguan Financial Leasing”)(1)   February 27, 2017   PRC   100%   Dormant Company
Chengdu Youyipin Trading Co., Ltd. (“CD Youyipin”)(1)   June 21, 2019   PRC   100%   Dormant Company
Zhejiang Youguan Automobile Service Co., Ltd. (“ZJ Youguan”)(1)   May 21, 2020   PRC   80%   Provision of sourcing services
Youpin Automobile Service (Shandong) Co., Ltd. (“Youpin SD”)(1)   June 30, 2020   PRC   86.96%   Provision of new energy vehicles sales and sourcing services
Chengdu Youyineng Automobile Service Co., Ltd. (“CD Youyineng”)(1)   October 29, 2020   PRC   100%   Provision of battery swapping stations manufacturing
Shanghai Youteng Automobile Service Co., Ltd. (“SH Youteng”)(1)   November 3, 2020   PRC   70%   Dormant Company
Liaoning Youguan New Energy Technology Co. Ltd. (“LY New Energy”)(1)   November 8, 2019   PRC   100%   Provision of new energy vehicles sales and sourcing services
Zibo Youyipin Trading Co. Ltd. (“Zibo Youyipin”)(1)   March 18, 2021   PRC   100%   Dormant Company
Shanghai Youxu New Energy Technology Co., Ltd. (“SH Youxu”)(1)   March 22, 2021   PRC   100%   Provision of battery swapping stations sales and battery swapping services
Dalian Youshengchi Automobile Trading Service Co., Ltd. (“DL Youshengchi”)(1)   March 23, 2021   PRC   100%   Dormant Company
Quanzhou Youyi Power Exchange Network Technology Co., Ltd.  (“QZ Youyi”)(1)   June 29, 2021   PRC   100%   Provision of battery swapping services
Youxu New Energy Technology (Zibo) Co., Ltd. (“Youxu Zibo”)(1)   July 29, 2021   PRC   100%   Provision of batter swapping stations manufacturing
Youxu (Xiamen) Power Exchange Network Technology Co., Ltd. (“Youxu XM”)(1)   August 10, 2021   PRC   100%   Provision of battery swapping services
Xinjiang Youxu Supply Chain Management Co., Ltd. (“XJ Youxu”)(1)   October 12, 2021   PRC   100%   Dormant Company
Wuhu Youxu New Energy Technology Co., Ltd. (“WH Youxu”) (1)   November 12, 2021   PRC   100%   Provision of batter swapping stations manufacturing
Beijing Youxu New Energy Technology Co., Ltd. (“BJ Youxu”)(1)   December 21, 2021   PRC   100%   Dormant Company
Henan Youxu New Energy Technology Co., Ltd. (“HN Youxu”) (1)   December 1, 2022   PRC   80%   Dormant Company
Youxu New Energy (Dalian) Co., Ltd. (“DL Youxu”)(1)   June 8, 2022   PRC   100%   Dormant Company
Tai’an Youxu New Energy Technology Co., Ltd. (“TA Youxu”) (1)   August 22, 2022   PRC   100%   Dormant Company
Shandong Youxu New Energy Co., Ltd. (“SD Youxu”) (1)   August 26, 2022   PRC   100%   Dormant Company
Nanning Youguan Digital Technology Co., Ltd (“NN Youguan”) (1)   July 12, 2022   PRC   100%   Dormant Company
Youxu New Energy Technology (Nanyang) Co., Ltd. (“NY Youxu”) (1)   March 14, 2023   PRC   70%   Provision of batter swapping stations manufacturing
Liaoning Youxu New Energy Technology Co., Ltd. (“LN Youxu”) (1)   March 9, 2023   PRC   51%   Provision of batter swapping stations manufacturing
(1)Collectively, the “PRC subsidiaries”.