Business Combination |
12 Months Ended | ||
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Dec. 31, 2025 | |||
| Business Combination [Abstract] | |||
| Business combination |
In April 2024, the Group completed the acquisition of 51% equity interest of Duobao Fishing for a total cash consideration of RMB510. Upon the completion of the transaction, Duobao Fishing became a consolidated subsidiary of the Group.
In April 2024, the Group completed the acquisition of 53% equity interest of Jiuzhou Fangyun for a total cash consideration of RMB190. Upon the completion of the transaction, Jiuzhou Fangyun became a consolidated subsidiary of the Group.
In 2024, the Group invested in Suzhou Tinghaozhu and had ability to exercise significant influence over its financial and operating policies accounting for 30%. In May 2025, the Group further acquired a 35% equity interest in Suzhou Tinghaozhu to achieve control at a cash consideration of RMB500. Upon the completion of the transaction, Suzhou Tinghaozhu became a consolidated subsidiary of the Group. |
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- Definition The entire disclosure for business combination. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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