CASH AND CASH EQUIVALENTS

12 Months Ended

Dec. 31, 2024

5.	CASH AND CASH EQUIVALENTS

Cash and cash equivalents represent cash on hand and demand deposits placed with banks or other financial institutions. Cash and cash equivalents balance as of December 31, 2023 and 2024 primarily consist of the following currencies:


	As of December 31, 2023		As of December 31, 2024
		RMB		RMB
	Amount	equivalent	Amount	equivalent
RMB	119,825	119,825	834,573	834,573
US$	12,209	86,471	26,269	188,832
Others (i)	85	109	935	2,783
Cash and cash equivalents		206,405		1,026,188

(i) As of December 2024, the other currencies consist of Hong Kong Dollar and Singapore Dollar.