| Cost of revenues |
Cost of revenues consist of the following: | | | | | | | | | Years ended December 31, | | | 2023 | | 2024 | | 2025 | | | RMB | | RMB | | RMB | Revenue sharing fees and content costs | | 3,878,385,035 | | 3,363,122,749 | | 2,792,249,793 | Bandwidth costs | | 449,901,415 | | 304,597,404 | | 200,283,100 | Others | | 518,084,814 | | 279,272,821 | | 336,792,443 | Total | | 4,846,371,264 | | 3,946,992,974 | | 3,329,325,336 |
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