v3.26.1
Consolidated Statements of Income (Loss) and Comprehensive Income (Loss)
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
CNY (¥)
¥ / shares
shares
Dec. 31, 2025
USD ($)
$ / shares
shares
Dec. 31, 2024
CNY (¥)
¥ / shares
shares
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Net revenues:        
Total net revenues ¥ 556,567 $ 79,588 ¥ 1,331,778 ¥ 2,760,448
Operating costs and expenses:        
Total operating costs (282,300) (40,369) (799,781) (1,868,672)
Selling expenses (60,655) (8,674) (104,294) (151,830)
General and administrative expenses (252,669) (36,131) (470,700) (563,473)
Impairment loss (404,121)
Total operating costs and expenses (595,624) (85,174) (1,778,896) (2,583,975)
Income (Loss) from operations (39,057) (5,586) (447,118) 176,473
Other income, net:        
Gains (Losses) from fair value change (24,976) (3,572) (78,499) 102,867
Investment income related to the realized gain on short term investments 39,483 5,646 42,288 48,250
(Losses) Gains from disposal of subsidiaries (116,605) (16,674) 897,306 (2,904)
Interest income, net 30,207 4,320 15,092 15,005
Financial cost (3,710) (531) (3,315) (10,055)
Provision for credit losses (1,560,128) (223,094) (47,147) (6,477)
Impairment loss on financial assets (610,631) (87,319)    
Others, net 12,171 1,740 22,701 25,608
Income (Loss) before income taxes, share of income and impairment of affiliates, net (2,273,246) (325,070) 401,308 348,767
Income tax expense (4,020) (575) (91,954) (59,206)
Share of income of affiliates, net of impairment (5,052) (1,317)
Net income (loss) from continuing operations (2,277,266) (325,645) 304,302 288,244
Net income from discontinued operations, net of tax 3,230 462 5,172 855
Net income (loss) (2,274,036) (325,183) 309,474 289,099
Less: Net (loss) income attributable to the non-controlling interests 1,350 193 (145,486) 8,622
Continuing operations 1,350 193 (148,720) 4,773
Discontinued operations 3,234 3,849
Net income (loss) attributable to the shareholders of the Company (2,275,386) (325,376) 454,960 280,477
Continuing operations (2,278,616) (325,838) 453,022 283,471
Discontinued operations ¥ 3,230 $ 462 ¥ 1,938 ¥ (2,994)
Net income (loss) per share attributable to ordinary shareholders of the Company- Basic *:        
Continuing operations (in Dollars per share and Yuan Renminbi per share) | (per share) [1] ¥ (224.87) $ (32.16) ¥ 169.88 ¥ 105.54
Discontinued operations (in Dollars per share and Yuan Renminbi per share) | (per share) [1] 0.32 0.05 0.73 (1.11)
Net income (loss) per share attributable to ordinary shareholders of the Company- Diluted *:        
Continuing operations (in Dollars per share and Yuan Renminbi per share) | (per share) [1] (224.87) (32.16) 169.27 105.31
Discontinued operations (in Dollars per share and Yuan Renminbi per share) | (per share) [1] ¥ 0.32 $ 0.05 ¥ 0.72 ¥ (1.11)
Shares used in calculating net income per share*:        
Basic: (in Shares) [1] 10,132,864 10,132,864 2,666,735 2,685,930
Diluted (in Shares) [1] 10,132,864 10,132,864 2,676,371 2,691,850
Net income (loss) ¥ (2,274,036) $ (325,183) ¥ 309,474 ¥ 289,099
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments (19,985) (2,858) 1,688 2,249
Unrealized net gains (loss) on available-for-sale investments (33,562) (4,799) (11,418) 2,458
Total comprehensive income (loss) (2,327,583) (332,840) 299,744 293,806
Less: comprehensive income (loss) attributable to the non-controlling interests 1,350 193 (145,486) 8,622
Comprehensive income (loss) attributable to the Company’s shareholders (2,328,933) (333,033) 445,230 285,184
Non-Life insurance business        
Net revenues:        
Total net revenues 556,567 79,588 1,331,778 2,760,448
Operating costs and expenses:        
Total operating costs (282,300) (40,369) (799,781) (1,868,672)
Non-Life insurance business | Life insurance business [Member]        
Net revenues:        
Total net revenues 515,557 73,724 1,186,462 2,593,803
Operating costs and expenses:        
Total operating costs (258,784) (37,006) (693,065) (1,749,475)
Non-Life insurance business | Non-Life insurance business [Member]        
Net revenues:        
Total net revenues 41,010 5,864 145,316 166,645
Operating costs and expenses:        
Total operating costs ¥ (23,516) $ (3,363) ¥ (106,716) ¥ (119,197)
[1] Retrospectively restated for the 1-for-400 reverse share split effected on May 2121, 2025.