v3.25.2
Property and Equipment, Net
12 Months Ended
Dec. 31, 2024
Property and Equipment, Net [Abstract]  
Property and equipment, net
7. Property and equipment, net

 

Property and equipment, net, consists of the following:

 

   As of December 31,
   2023
(RMB)
  2024
(RMB)
Machinery and equipment   44,721    42,350 
Office equipment   3,221    3,158 
Vehicles   713    713 
Leasehold improvements   
    1,337 
Total cost   48,655    47,558 
Less: Accumulated depreciation   (24,214)   (30,899)
Less: Amortization of leasehold improvements   
    (62)
Property and equipment, net   24,441    16,597 

 

(1)The balance includes community access control equipment that has been installed but not yet sold.
(2)Depreciation expense was RMB 9,025 thousand, RMB 9,183 thousand and RMB 8,696 thousand for the years ended December 31, 2022, 2023 and 2024, respectively. Amortization of leasehold improvements was RMB 62 thousand for the year ended December 31, 2024.