​

​

As of December 31, 

​

  ​ ​ ​

2024

  ​ ​ ​

2025

​

​

RMB

​

RMB

Warranty—non-current

9,547,294

  ​ ​ ​

12,795,511

Refundable deposits from franchised stores—non-current

150,547

146,405

​

​

​

​

​

Other non-current liabilities

9,697,841

12,941,916