| Schedule of selected financial information regularly reviewed to assess performance of the group |
| | | | | | | | | For the year ended December 31, | | | 2023 | | 2024 | | 2025 | | | RMB | | RMB | | RMB | Revenue | | 2,045,152 | | 3,284,525 | | 4,373,153 | Less: | | | | | | | Marketing and promotional expenses | | (1,424,629) | | (1,743,121) | | (2,158,833) | Labor cost - Selling and marketing expenses | | (37,144) | | (46,787) | | (58,326) | Labor cost - Operations and support expenses | | (77,887) | | (93,551) | | (110,920) | Labor cost - Research and development expenses | | (121,868) | | (219,013) | | (334,194) | Labor cost - General and administrative expenses | | (98,122) | | (193,488) | | (221,894) | Other segment items (i) | | (80,316) | | (122,719) | | (181,446) | | | | | | | | Consolidated net income from continuing operations | | 205,186 | | 865,846 | | 1,307,540 |
(i) | Includes channel fee, cloud service and bandwidth costs, utility fees, and other expenses. |
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| Schedule of key revenue streams |
| | | | | | | | | For the year ended December 31, | | | 2023 | | 2024 | | 2025 | | | RMB | | RMB | | RMB | Insurance distribution services | | 711,849 | | 1,081,291 | | 1,446,843 | Short-term insurance | | 681,972 | | 1,064,059 | | 1,440,894 | - Medical insurance | | 504,178 | | 776,424 | | 1,018,798 | - Critical illness insurance | | 164,274 | | 256,436 | | 397,451 | - Others | | 13,520 | | 31,199 | | 24,645 | Long-term insurance | | 29,877 | | 17,232 | | 5,949 | - Life insurance and others | | 29,877 | | 17,232 | | 5,949 | | | | | | | | System services (i) | | 1,320,816 | | 2,194,189 | | 2,922,724 | - Marketing and related analytics services | | 1,256,576 | | 2,138,826 | | 2,512,403 | - Post-sale support services | | 59,766 | | 55,046 | | 408,953 | - Other system services | | 4,474 | | 317 | | 1,368 | | | | | | | | Others | | 12,487 | | 9,045 | | 3,586 | Total | | 2,045,152 | | 3,284,525 | | 4,373,153 |
(i) | Due to the expansion of system service offerings, system services are classified into three categories: marketing and related analytics services, post-sale support services and other system services. Prior period amounts have been reclassified to conform to the current period presentation. |
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