v3.25.2
SHARE-BASED COMPENSATION - Share options (Details)
$ / shares in Units, ¥ in Millions, $ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2025
USD ($)
$ / shares
shares
Jun. 30, 2025
CNY (¥)
tranche
shares
Jun. 30, 2024
CNY (¥)
Dec. 31, 2023
tranche
$ / shares
shares
Jun. 30, 2025
CNY (¥)
shares
Number of Options          
Share options outstanding at the beginning of the period (in shares) | shares   28,019,660      
Granted (in shares) | shares   888,210      
Exercised (in shares) | shares   (944,310)      
Share options outstanding at the end of the period (in shares) | shares   27,963,560      
Share options vested or expected to vest (in shares) | shares 26,066,050       26,066,050
Share options exercisable (in shares) | shares 1,982,150       1,982,150
Weighted Average Exercise Price          
Share options outstanding at the beginning of the period (in dollars per shares) | $ / shares $ 2.8        
Granted (in dollars per shares) | $ / shares 2.8        
Exercised (in dollars per shares) | $ / shares 2.8        
Share options outstanding at the end of the period (in dollars per shares) | $ / shares 2.8        
Share options vested or expected to vest (in dollars per shares) | $ / shares 2.8        
Share options exercisable (in dollars per shares) | $ / shares $ 2.8        
Weighted Average Remaining Contractual Life and Aggregate Intrinsic Value          
Share options outstanding, Weighted Average Remaining Contractual Life (in years)   7 years 10 months 24 days      
Share options vested or expected to vest, Weighted Average Remaining Contractual Life (in years)   7 years 10 months 24 days      
Share options exercisable, Weighted Average Remaining Contractual Life (in years)   7 years 11 months 1 day      
Aggregate Intrinsic Value          
Share options outstanding, Aggregate intrinsic value | $ $ 17        
Share options vested or expected to vest, Aggregate intrinsic value | $ 15        
Share options exercisable, Aggregate intrinsic value | $ $ 1        
Recognized share-based compensation expenses | ¥   ¥ 247.0 ¥ 170.0    
Aggregate intrinsic value of options exercised | ¥   ¥ 4.0      
Share options          
Aggregate Intrinsic Value          
Weighted-average grant date fair value | $ / shares $ 1.34     $ 2.22  
Total unrecognized compensation expense | ¥         ¥ 142.0
Weighted-average recognition period of compensation expense (in years)   3 years 3 days      
Share options          
Aggregate Intrinsic Value          
Recognized share-based compensation expenses | ¥   ¥ 176.0      
Incentive Award Plans          
Aggregate Intrinsic Value          
Period for remaining percentage vested   10 years      
Senior officers | Share options          
Number of Options          
Granted (in shares) | shares   888,210   28,625,350  
Aggregate Intrinsic Value          
Number of tranches | tranche   3   5  
Period for remaining percentage vested   2 years   2 years  
Second anniversary of the stated vesting commencement date | Incentive Award Plans          
Aggregate Intrinsic Value          
Share-based payment award, vesting percentage   50.00%      
Second anniversary of the stated vesting commencement date | Senior officers | Share options          
Aggregate Intrinsic Value          
Share-based payment award, vesting percentage   50.00%   50.00%  
Vesting ratably over the following two years | Incentive Award Plans          
Aggregate Intrinsic Value          
Share-based payment award, vesting percentage   50.00%      
Period for remaining percentage vested   2 years      
Vesting ratably over the following two years | Senior officers | Share options          
Aggregate Intrinsic Value          
Share-based payment award, vesting percentage   50.00%   50.00%