v3.26.1
Revenue
12 Months Ended
Dec. 31, 2025
Revenue [Abstract]  
Revenue
17.Revenue

 

Revenue consists of the following:

 

   For the Year Ended December 31, 
   2023   2024   2025 
   RMB   RMB   RMB 
Base commission from transactions   269,640    320,757    331,623 
Innovation initiatives and other value-added services   15,317    18,347    23,200 
Total   284,957    339,104    354,823 

 

For the years ended December 31, 2023, 2024 and 2025, substantially all revenues of the Group are derived from the PRC, no geographical segments are presented.

 

Innovation initiatives and other value-added services primarily consist of parking space transaction services, income from software as a service (“SaaS”) platform participants and revenue from other value-added services rendered to the registered agents and market participants.

 

The following table summarized the Group’s revenues recognized at a point in time or over time:

 

   For the Year Ended December 31, 
   2023   2024   2025 
   RMB   RMB   RMB 
Timing of Revenue Recognition:            
Services transferred at a point in time   272,207    330,254    343,883 
Services transferred over time   6,898    7,050    10,144 
Goods transferred at a point in time   5,852    1,800    796 
    284,957    339,104    354,823