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Advance to Suppliers
12 Months Ended
Dec. 31, 2025
Advance to Suppliers [Abstract]  
ADVANCE TO SUPPLIERS

7. ADVANCE TO SUPPLIERS

 

Advance to suppliers consisted of the following:

 

   As of December 31, 
   2024   2025 
   RMB   RMB   US$ 
Advance to suppliers   17,789    20,677    2,942 
Less: Allowance for expected credit losses   (8,323)   (9,343)   (1,329)
    9,466    11,334    1,613 

 

As of the year ended December 31, 2024 and 2025, the balance of advance to suppliers mainly represented the prepayments in relation to the development of vehicle sourcing, and purchase of battery swapping stations. An analysis of the expected credit losses was as follows:

 

   As of December 31, 
   2024   2025 
   RMB   RMB   US$ 
Balance at beginning of the year   (8,472)   (8,323)   (1,140)
(Additional allowance)/reversal for expected credit losses   149    (1,020)   (189)
Balance at the end of the year   (8,323)   (9,343)   (1,329)