v3.26.1
Acquisitions and Disposals (Tables)
 12 Months Ended
Dec. 31, 2025
Acquisitions and Disposals [Abstract]  
Schedule of Purchase Price to the Assets Acquired and Liabilities Assumed

The following is a summary of the fair value of the purchase price and the final allocation of the purchase price to the assets acquired and liabilities assumed:

 

   RMB 
Consideration transferred    
Stock consideration   153,732 
Contingent consideration   (7,162)
Total   146,570 
Add: Non-controlling interest   107,318 
    253,888 

The following is a summary of the fair value of the purchase price and the final allocation of the purchase price to the assets acquired and liabilities assumed:

 

   RMB 
Consideration transferred    
Stock consideration   35,311 
Contingent consideration   74 
Total   35,385 
Add: Non-controlling interests   33,998 
    69,383 
Schedule of Fair Value of Assets Acquired and Liabilities Assumed
   RMB 
Assets acquired    
Cash and cash equivalents and restricted cash   17,174 
Intangible assets acquired   61,472 
-     Software   5,900 
-     Non-compete agreements   8,423 
-     Agent resources   28,749 
-     Insurance broker license   18,400 
Accounts receivable and contract assets   163,396 
Other assets   16,651 
Total assets acquired   258,693 
      
Liabilities assumed     
Accounts payable and accrued commissions   (173,194)
Deferred tax liabilities   (16,651)
Other payables and accrued expenses   (12,167)
Other liabilities   (9,477)
Total liabilities assumed   (211,489)
Net assets acquired   47,204 
Goodwill   206,684 
   RMB 
Assets acquired    
Cash and cash equivalents and restricted cash   1,226 
Intangible assets acquired   10,930 
-    Non-compete agreements   1,350 
-    Agent resources   7,180 
-    Insurance distribution license   2,400 
Accounts receivable and contract assets, net   7,188 
Other assets   2,602 
Total assets acquired   21,946 
      
Liabilities Assumed     
Accounts payable and accrued commissions   (1,922)
Deferred tax liabilities   (2,732)
Other payables and accrued expenses   (3,777)
Other liabilities   (1,600)
Total liabilities assumed   (10,031)
Net assets acquired   11,915 
Goodwill   57,468