As of December 31,

As of June 30,

2024

2025

RMB’000

Trade payables

20,713

47,117

Government grants received with conditions*

184,542

187,242

Accrued payroll and social insurance

96,593

76,510

Payables for professional services

27,134

33,970

Taxes payable and others

89,486

33,126

Total other payables, deposits received and accrued expenses

397,755

330,848

Trade and other payables, deposits received and accrued expenses measured at amortized cost

418,468

377,965