v3.26.1
Parent Only Financial Information - Schedule of Condensed Balance Sheets (Details) - Parent Company [Member]
¥ in Thousands, $ in Thousands
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 317 $ 45 ¥ 1,504
Prepaid expenses and other current assets 99 14 112
Due from subsidiaries 536,534 76,723 438,701
Total current assets 536,950 76,782 440,317
Non-current assets:      
Intangible assets, net 51,430 7,354
Total non-current assets 51,430 7,354
Total assets 588,380 84,136 440,317
Current liabilities:      
Accrued expenses and other current liabilities 19,721 2,820 346,837
Due to intercompany 423,671 60,584 43,927
Excess losses over investment [1] 42,246 6,040 1,852,411
Total current liabilities 485,638 69,444 2,243,175
Total liabilities 485,638 69,444 2,243,175
Commitments and contingencies
Shareholders’ deficit:      
Treasury shares (16,224,888 Class A ordinary shares as of December 31, 2024 and 2025, at cost, respectively) (486,706) (69,598) (486,706)
Additional paid-in capital 1,826,214 261,145 1,643,672
Accumulated other comprehensive income 54,850 7,843 54,266
Accumulated deficit (1,295,645) (185,275) (3,014,534)
Total shareholders’ (deficit) equity 102,742 14,692 (1,802,858)
Total liabilities and shareholders’ equity 588,380 84,136 440,317
Class A Ordinary Shares      
Shareholders’ deficit:      
Ordinary shares, value 3,955 566 370
Class B Ordinary Shares      
Shareholders’ deficit:      
Ordinary shares, value ¥ 74 $ 11 ¥ 74
[1] Investments in subsidiaries are accounted for using the equity method in parent-only financial statements. The carrying value is reduced to zero when the Company’s share of losses equals or exceeds its investment. Additional losses are recognized as a liability and classified as “Excess losses over investment” if the Company has related financial obligations; otherwise, they are not recognized. Subsequent profits are recognized only after prior unrecognized losses are recovered.