Other Current Assets and NonCurrent Assets (Tables)

6 Months Ended

Jun. 30, 2024

Other Current Assets and NonCurrent Assets [Abstract]

Schedule of Other Current Assets

Other current assets consisted of the following:

	December 31, 2023			June 30, 2024
	RMB			RMB			US$
				(Unaudited）
Value-added tax recoverable		8,887			9,036			1,243
Loans to third parties		18,827			19,217			2,644
Refund receivable from supplier		2,746			2,746			378
Prepayment		42,599			43,603			6,000
Deposit in Escrow account		21,300			-			-
Deposits		1,828			2,091			288
Staff advances		422			494			68
Others		692			1,132			157
Less: Allowance for doubtful accounts		(2,488	)		(2,353	)		(324	)
		94,813			75,966			10,454

Schedule of Allowance for Doubtful Accounts

An analysis of the doubtful accounts was as follows:

	December 31			June 30
	2023			2024
	RMB			RMB			US$
				(Unaudited）
Balance at beginning of the period		(1,435	)		(2,488	)		(342	)
Additional (allowance)/reversal for doubtful accounts		(1,053	)		135			18
Balance at the end of the period		(2,488	)		(2,353	)		(324	)

Schedule of Other Non-current Assets

Other non-current assets consisted of the following:

	December 31, 2023		June 30, 2024
	RMB		RMB		US$
			(Unaudited)
Loans to third parties (i)		36,029		36,865		5,073

(i) On March 31, 2023, the Company entered into a five-year loan agreement with Worthy Credit Limited (“Worthy Credit”), pursuant to which the Company provides a loan of $5,000 to Worthy Credit bearing an interest rate   of 2% per annum. Worthy Credit shall provide loan services to the Company’s customers who purchase the Company’s products sold in Hong Kong. As a result, the Company shall expect to promote its sourcing services, product sales as well as battery-swapping services in Hong Kong. As of the date of this report, no loan has yet been granted to any customers, since there has been no contract entered into yet with any dealers or purchasers of battery swapping stations.