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Consolidated Statements of Cash Flows
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Dec. 31, 2023
CNY (¥)
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss ¥ (80,478) $ (11,449) ¥ (56,362) ¥ (25,466)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization 2,112 301 3,057 2,607
Amortization of right-of-use assets 6,333 901 5,450 5,719
Allowance for expected credit losses 12,599 1,792 5,264 1,196
Loss on impairment of property, plant and equipment 1,896
Loss on impairment of long-term investment 10,503 100
Share of loss/(gain) in equity method investee (339) (48) 295 94
Reversal of loss on impairment of Inventories (79)
Changes in operating assets and liabilities:        
Accounts receivables (13,172) (1,874) 3,811 (14,168)
Inventories (2,418) (344) (4,354) 107
Advance to suppliers (2,887) (411) 1,499 (3,929)
Other current assets (21,891) (3,113) 8,174 (21,228)
Amount due from related parties 1,626 231 (1,514) (22)
Other non-current assets (45,704) 30
Accounts payables 5,226 744 4,076 (899)
Accrued expenses and other payables 19,350 2,753 (1,862) (15,106)
Income tax payables 2,778 395 (31) 2,621
Advance from customers 2,126 302 (1,451) (721)
Amount due to related parties (3,239) (461) (2,192) 5,180
Commitments and contingent liabilities 5,801 825
Contract assets (1,050) (148)
Operating lease liabilities (2,371) (337) (1,750) (3,453)
Net cash used in operating activities (69,894) (9,941) (73,170) (65,442)
CASH FLOWS FROM INVESTING ACTIVITIES        
Purchases of property, plant and equipment (500) (71) (10) (881)
Proceeds from disposal of property, plant and equipment 130
Loans (provided to)/received from third parties 16,734 (33,255)
Received from loans to third parties 23,762 3,381
Received from refundable deposit for investment 39,745 5,655 32,975 7,409
Loans provided to related parties (40,243) (5,725)    
Repayments of loan from related parties 1,037 148    
Prepayment (42,599)
Payment for deferred consideration in relation to investment (3,000)
Increase in long-term investments 29 4 (736) (11,750)
Net cash provided by investing activities 23,830 3,392 49,093 (84,076)
CASH FLOWS FROM FINANCING ACTIVITIES        
Capital contribution by non-controlling shareholders 5,000
Loans received from a third party 15,006
Proceeds from issuance of ordinary shares 52,501 7,469 25,873 156,197
Proceeds from short-term bank borrowing 2,000 285 10,172 5,000
Repayments of long-term bank borrowing (4,700) (669) (3,000) (500)
Repayments of loan payable (2,716) (386) (20,087) (1,300)
Net cash provided by financing activities 47,085 6,699 12,958 179,403
Net (decrease)/ increase in cash and cash equivalents and restricted cash 1,021 150 (11,119) 29,885
Effects of exchange rate changes (3,401) (359) (446) 446
Cash and cash equivalents and restricted cash at beginning of year 24,674 3,381 36,239 5,908
Cash and cash equivalents and restricted cash at end of year 22,294 3,172 24,674 36,239
Supplemental disclosures of non-cash activities:        
Right-of-use assets obtained in exchange for new operating lease liabilities 4,698
Issue of share for right-of-use assets ¥ 3,428
Supplemental disclosures cash flow information        
Interest payment (1,004) (143)    
Income tax payment