v3.26.1
Schedule I—Condensed Financial Information of the Company - Schedule of Statements of Cash Flows (Details) - Parent Company [Member]
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Dec. 31, 2023
CNY (¥)
Cash flows from operating activities:        
Net income ¥ (2,275,386) $ (325,377) ¥ 454,960 ¥ 280,477
Adjustments to reconcile net income to net cash used in operating activities:        
Equity in earnings of subsidiaries and an affiliate 2,238,238 320,065 (509,951) (312,323)
Compensation expenses associated with stock options 16,996 2,430 38,589 17,095
Other non-cash adjustments 13,219 1,891 (4,088) (22,569)
Changes in operating assets and liabilities:        
Other receivables 18 (20)
Accrued payroll and other payables (150) (22) (2,432) 820
Net cash used in operating activities (7,083) (1,013) (22,904) (36,520)
Cash flows from investing activities:        
Changes in investment in subsidiaries and an affiliate 12,265 1,753 (11,418) 2,458
Advances to subsidiaries and affiliates (13,044) (1,865) 11,087 (10,005)
Purchase of short-term investments (33,733) (4,824) (3,650)
Proceeds from disposal of subsidiaries 354 51
Proceeds from disposal of short-term investments 32,076 4,587 27,639
Others 44
Net cash generated from (used in) investing activities (2,082) (298) (3,937) 20,092
Cash flows used in financing activities:        
Proceeds on exercise of stock options 73 10
Repurchase of ordinary shares from open market (5,735) (29,044)
Proceeds from share issuances 7,299 1,044 93
Net cash (used in) generated from financing activities 7,372 1,054 (5,642) (29,044)
Net decrease in cash and cash equivalents (1,793) (257) (32,483) (45,472)
Cash and cash equivalents and restricted cash at beginning of year 20,014 2,862 23,595 38,512
Effect of exchange rate changes on cash and cash equivalents (14,634) (2,092) 28,902 30,555
Cash and cash equivalents and restricted cash at the end of the year ¥ 3,587 $ 513 ¥ 20,014 ¥ 23,595