v3.25.2
Accounts Receivable, Net
 6 Months Ended
Jun. 30, 2025
Accounts Receivable, Net [Abstract]  
Accounts receivable, net
6.Accounts receivable, net

 

Accounts receivable, net consist of the following:

 

   As of
December 31,		   As of
June 30,		 
   2024   2025 
   RMB   RMB 
Accounts receivable from real estate developers   836,435    798,622 
    836,435    798,622 
Less: allowance for credit losses   (640,394)   (632,237)
Accounts receivable, net   196,041    166,385 

 

No accounts receivable was pledged as of December 31, 2024 and June 30, 2025.

The following table presents the movement of allowance for credit losses for the six months ended June 30, 2024 and 2025:

 

   For the Six Months Ended
June 30,		 
   2024   2025 
   RMB   RMB 
Balance at the beginning of the period   614,246    640,394 
Provision for the period   24,895    946 
Receivables written off for the period   (6,201)   (9,103)
Balance at the end of the period   632,940    632,237 

 

The provision of credit losses was included in general and administrative expenses.