v3.26.1
Parent Only Financial Information (Tables)
 12 Months Ended
Dec. 31, 2025
Parent Only Financial Information [Abstract]  
Schedule of Condensed Balance Sheets Condensed Balance Sheets
   As of December 31, 
   2024   2025 
   RMB   RMB 
Assets        
Current asset          
Cash and cash equivalents   29,762    1,693 
Short-term investments   107,878    89,685 
Amount due from related parties   
—
    162 
Prepayments and other assets, net   
—
    1,708 
Total current asset   137,640    93,248 
Non-current asset          
Intangible assets, net   
—
    233,187 
Investments in and amounts due from subsidiaries, the VIE and VIE’s subsidiaries   1,714,269    1,704,869 
Total non-current asset   1,714,269    1,938,056 
Total assets   1,851,909    2,031,304 
Liabilities          
Current liability          
Accrued expenses and other current liabilities   35,478    22,813 
Total current liability   35,478    22,813 
Total liabilities   35,478    22,813 
Shareholders’ equity          
Class A ordinary shares   136    2,453 
Additional paid-in capital   5,388,038    5,673,411 
Accumulated other comprehensive loss   (383,235)   (394,156)
Accumulated deficit   (3,188,508)   (3,273,217)
Total shareholders’ equity   1,816,431    2,008,491 
Total liabilities and shareholders’ equity   1,851,909    2,031,304 
Schedule of Condensed Statements of Income/(Loss) Condensed Statements of Income/(Loss)
   For the Year Ended December 31, 
   2023   2024   2025 
   RMB   RMB   RMB 
General and administrative expenses   (10,923)   (30,169)   (61,316)
Total operating expenses   (10,923)   (30,169)   (61,316)
Loss from operations   (10,923)   (30,169)   (61,316)
Equity (loss)/income of subsidiaries and the VIE and VIE’s subsidiaries   (80,934)   58,903    (28,815)
Other income:               
Interest (expense)/income, net   (983)   2,185    58 
Gain on short-term investments   
—
    51    5,357 
Other income, net   1,730    
—
    7 
(Loss)/income before income tax   (91,110)   30,970    (84,709)
Income tax expense   
—
    
—
    
—
 
Net (loss)/income   (91,110)   30,970    (84,709)
Accretion of Redeemable Convertible Preferred Shares   
—
    
—
    
—
 
Deemed dividend to preferred shareholder   
—
    
—
    
—
 
Net (loss)/income attributable to ordinary shareholders   (91,110)   30,970    (84,709)
Schedule of Condensed Statements of Cash Flows Condensed Statements of Cash Flows
   For the Year Ended December 31, 
   2023   2024   2025 
   RMB   RMB   RMB 
Net cash used in operating activities   (6,797)   (20,302)   (95,859)
Cash flows from investing activities               
(Increase)/decrease in investments in and amounts due from subsidiaries, the VIE and VIE’s subsidiaries   (142,060)   (62,934)   9,400 
Investment in short-term investments   
—
    (107,878)   (43,908)
Proceeds from redemption of short-term investments   
—
    
—
    65,311 
Net cash (used in)/provided by investing activities   (142,060)   (170,812)   30,803 
Cash flows from financing activities               
Proceeds from issuance of ordinary shares, net of issuance costs   46,632    88,560    
—
 
Proceeds from issuance of convertible bonds, net of issuance costs   145,064    
—
    44,696 
Proceeds from regular warrants exercised   
—
    25,313    
—
 
Proceeds from issuance and exercise of pre-funded warrants   
—
    30,848    
—
 
Net cash provided by financing activities   191,696    144,721    44,696 
Effect of exchange rate changes on cash and cash equivalents   (4,319)   14,925    (7,709)
Net increase/(decrease) in cash and cash equivalents   38,520    (31,468)   (28,069)
Cash and cash equivalents at the beginning of the year   22,710    61,230    29,762 
Cash and cash equivalents at the end of the year   61,230    29,762    1,693