v3.25.2
Property, Plant and Equipment, Net
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment, Net [Abstract]  
Property, plant and equipment, net
8.Property, plant and equipment, net

 

   As of
December 31,
   As of
June 30,
 
   2024   2025 
   RMB   RMB 
Buildings (Note (a))   13,084    45,027 
Leasehold improvements   46,310    46,310 
Furniture and office equipment   2,439    1,617 
Motor vehicles   1,133    1,133 
Investment properties   2,890    2,890 
Total property, plant and equipment   65,856    96,977 
Less: accumulated depreciation (Note (b))   (50,464)   (50,381)
Less: impairment loss   
    (5,824)
Total property, plant and equipment, net   15,392    40,772 

 

(a)In December 2024, the Group made a prepayment of US$3.3 million for acquisition of a property. The prepayment, which is also the total consideration, was included in “Prepayments and other assets, net” on the Consolidated Balance Sheets as of December 31, 2024. The transaction was settled in January 2025, and the property is recorded as “Buildings” included in “Property, plant and equipment, net” on the Unaudited Interim Condensed Consolidated Balance Sheets.

 

(b)Depreciation expenses were RMB244 and RMB925 for the six months ended June 30, 2024 and 2025, respectively.