v3.25.3
Share-based compensation arrangements (Tables)
6 Months Ended
Jun. 30, 2025
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Summary of share options activities and restricted share units activities

Share options’ activities for the six months ended June 30, 2025 presented were summarized as follows:

For the six months ended June 30, 2025

Weighted average

    

exercise price

    

Number of options

USD

Outstanding as of January 1, 2025

 

1.2

 

121,852,549

Granted

 

1.2

 

81,966

Expired

 

0.9

 

(293,908)

Modified

1.2

(915,730)

Forfeited

 

1.2

 

(1,244,625)

Exercised

0.6

(11,164,145)

Outstanding as of June 30, 2025

 

1.2

 

108,316,107

Exercisable as of June 30, 2025

 

1.2

 

83,636,052

Summary of fair value of share options The key assumptions used in determining the fair value of share options were as follows:

    

For the

six months ended

 

June 30, 2025

Fair value of the Company’s ordinary shares

 

USD5.53 per share

Expected volatility

 

52.6%

Exercise multiple

 

2.8x

Expected dividends

 

0%

Risk-free interest rate (per annum)

 

4.52%

Expected term

 

10 years

2018 Share Plan Restricted Share Units [member]  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Summary of share options activities and restricted share units activities

Restricted share units’ activities for the six months ended June 30, 2025 presented were summarized as follows:

For the

six months ended

June 30, 

2025

    

Number of restricted

share units

Outstanding as of January 1,2025

 

6,781,568

Granted

 

11,064,802

Modified

 

693,524

Forfeited

 

(1,173,100)

Vested

 

(1,959,795)

Outstanding as of June 30, 2025

 

15,406,999