Borrowings |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||
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| Borrowings | 17.Borrowings
As of December 31, 2024, the interest rates of current borrowings, repayable within one year or on demand, ranged from 4.2% to 6.2% (2023: 3.5% to 15.0%) per annum. As of December 31, 2024, the interest rate of non-current borrowings was 3% (2023: ranging from 4.2% to 5.5%) per annum. The Group’s borrowings were primarily denominated in RMB. During the year ended December 31, 2024, the Group obtained new borrowing facilities amounting to RMB125.0 million (2023: RMB380.3 million). The Group’s borrowings were mostly repayable in June 2025, partially in , and and , some of which were guaranteed by Newlink and its two subsidiaries. |
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