v3.25.1
Concentrations of Credit Risk (Tables)
 12 Months Ended
Dec. 31, 2024
Concentrations of Credit Risk [Abstract]  
Schedule of Customer Concentration Estimated Renewal Commissions

Customers accounting for 10% or more of total net revenues excluding estimated renewal commissions are as follows:

 

   Year ended December 31, 
   2022   %  of
sales		   2023   % of
sales		   2024   % of
sales		 
   RMB       RMB       RMB     
Sinatay Life Insurance Co., Ltd. (“Sinatay”)   497,143    19.6%   438,026    15.3%   177,868    9.8 
Aeon Life Insurance Co., Ltd. (“Aeon”).    *     *    295,217    10.3%   *    * 
Ping An Property & Casualty Insurance Company of China, Ltd. （“Ping An”)    *     *    *    *    175,205    9.7 
Subtotal   497,143    19.6%   733,243    25.6%   353,073    19.5 

 

* represented less than 10% of total net revenues for the year.

 

Customers which accounted for 10% or more of gross accounts receivable excluding estimated renewal commissions are as follows:

 

   As of December 31, 
   2023   %   2024   % 
   RMB       RMB     
Sinatay   57,119    14.7%   29,567    13.5%
Greatwall Life Insurance Co., Ltd   63,455    16.3%    *     * 
Fanhua RONS    *     *    29,063    13.3%
Subtotal   120,574    31.0%   58,630    26.8%

 

  * represented less than 10% of accounts receivable as of the year end.