| Expenses by Nature |
5 Expenses by nature | | | | | | | For the six months | | | ended June 30, | | | 2024 | | 2025 | | | RMB’000 | | RMB’000 | Payroll and employee benefits (Note 5(i)) | | 614,013 | | 693,153 | Cost of goods sold (Note 12(b)) | | 17,157 | | 35,461 | Depreciation and amortization (Note 5(ii)) | | 48,883 | | 73,027 | Professional services fee | | 13,563 | | 73,656 | Service fee from a related party (Note 24(c)) | | 65,557 | | 32,379 | Outsourcing service fee | | 26,189 | | 61,734 | Utilities and property management fee | | 14,042 | | 24,823 | Listing expense relating to the public offering on Nasdaq | | 3,634 | | — | Listing expense relating to the Hong Kong public offering | | — | | 29,068 | Others | | 40,758 | | 66,612 | Total cost of revenue, research and development expenses, administrative expenses and selling expenses | | 843,796 | | 1,089,913 | Notes: | | | | | (i) Payroll and employee benefits: | | | | | Salaries, allowances, bonus and benefits in kind | | 307,892 | | 445,452 | Contributions to defined contribution retirement plan | | 14,221 | | 28,179 | Share-based compensation expenses (Note 21) | | 291,900 | | 219,522 | | | 614,013 | | 693,153 | (ii) Depreciation and amortization: | | | | | Property and equipment | | 28,912 | | 45,372 | Right-of-use assets | | 17,810 | | 25,417 | Intangible assets | | 2,161 | | 2,238 | | | 48,883 | | 73,027 |
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