v3.26.1
CASH AND CASH EQUIVALENTS
12 Months Ended
Dec. 31, 2025
Cash and Cash Equivalents [Abstract]  
CASH AND CASH EQUIVALENTS
5.CASH AND CASH EQUIVALENTS

 

Cash and cash equivalents represent cash on hand and demand deposits placed with banks or other financial institutions. Cash and cash equivalents balance as of December 31, 2024 and 2025 primarily consist of the following currencies:

 

   Amount   RMB equivalent   Amount   RMB equivalent 
   As of December 31, 2024   As of December 31, 2025 
   Amount   RMB equivalent   Amount   RMB equivalent 
RMB   834,573    834,573    642,729    642,729 
US$   26,269    188,832    22,589    158,775 
Others (i)   935    2,783    107,755    5,095 
Cash and cash equivalents        1,026,188         806,599 

 

(i)As of December 31, 2025, the other currencies consist of Hong Kong Dollar, Euro, Korean Won, Canadian Dollar and Singapore Dollar.