v3.26.1
Income Taxes - Schedule of Deferred Income Tax Assets and Liabilities (Details)
¥ in Thousands, $ in Thousands
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Deferred tax assets:      
Operating loss carryforward ¥ 357,343   ¥ 78,810
Intangible assets, net 427   1,220
Less: valuation allowances (348,868)   (70,054)
Total 8,902 $ 1,273 9,976
Deferred tax liabilities:      
Fair value adjustments in relation to short-term investments 91,066   101,642
Estimated profit arising from future renewal commissions 69,422   87,743
PRC dividend withholding taxes 26,730   26,730
Total ¥ 187,218   ¥ 216,115