v3.26.1
Inventories
12 Months Ended
Dec. 31, 2025
Inventories  
Inventories

5.

Inventories

Inventories consist of the following:

As of December 31, 

  ​ ​ ​

2024

  ​ ​ ​

2025

RMB

RMB

Products

 

5,628,201

 

5,639,670

Others

 

28,979

 

32,050

Inventories

 

5,657,180

 

5,671,720

Inventory write-down

 

(625,111)

 

(518,307)

Total

 

5,032,069

 

5,153,413