Land use rights, net |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||
| Land use rights, net | |||||||||||||||||||||||||||||||||||||||||||
| Land use rights, net |
The expiry dates of the land use rights range from the years 2049 to 2073. Amortization expenses charged were RMB217.3 million, RMB270.1 million and RMB278.6 million for the years ended December 31, 2023, 2024 and 2025, respectively. Amortization expenses are expected to be at RMB279.1 million for each of the years ending December 31, 2026, 2027, , and , respectively. There is no impairment on land use rights recognized for the years ended December 31, 2023, 2024 and 2025, respectively. |
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