Shares Outstanding History
Cash Position
Cash Position
The company has -56.4 months of cash left based on the quarterly cash burn of $-1.72 M and estimated current cash of $-32.28 M.
Commentary on Financial Condition
“Our ongoing cash requirements include development of new business, payments of our employees’ salaries and benefits, office expenses, repayments of our borrowings, taxes and other operational expenses. We fund working capital and other capital requirements primarily by cash flow from operations and equity/debts financing. We had positive cash flows of RMB1.8 million ($0.3 million) for the year ended December 31, 2025, negative cash flows of RMB0.8 million ($0.1 million) and positive cash flows of RMB3.8 million ($0.5 million) for the years ended December 31, 2024 and 2023, respectively. We incurred a net loss of RMB8.0 million ($1.1 million) and RMB 502.1 million ($69.8 million) during the years ended December 31, 2025 and 2024, respectively. The cash balance, net current liabilities and accumulated loss was RMB3.3 million ($0.5 million), RMB8.6 million ($1.2 million) and RMB543.5 millio” (from April 2026 filing’s Liquidity and Capital Resources) Filed At: 2026-04-30
| 6-K | Form 6-K | 2026-07-01 |
| 3 | Form 3 | 2026-06-17 |
| 3 | Form 3 | 2026-06-17 |
| 6-K | Form 6-K | 2026-06-08 |
| 6-K | Form 6-K | 2026-05-26 |
| 20-F | Form 20-F | 2026-04-30 |
| 6-K | Form 6-K | 2026-03-19 |
| 6-K | Form 6-K | 2026-03-18 |