v3.25.1
Investments in Affiliates (Tables)
12 Months Ended
Dec. 31, 2024
Investments in Affiliates [Abstract]  
Schedule of Equity Method Investments

As of December 31, 2023 and 2024, the Group’s investments accounted for under the equity method were as follows:

 

   As of December 31, 
   2023   2024 
   RMB   RMB 
BGM (Note 2(i) and Note 3)   
    1,000,000 
HK JVs (Note 2(i))   
    4,683 
Total   
    1,004,683