OTHER NON-CURRENT LIABILITIES - THIRD PARTIES |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||
| OTHER NON-CURRENT LIABILITIES - THIRD PARTIES | |||||||||||||||||||||||||||||||||||||||||||
| OTHER NON-CURRENT LIABILITIES - THIRD PARTIES |
Other non-current liabilities – third parties consisted of the following:
(i)The Group was awarded grants from governments, which were conditional on the operation performance and tax contribution in certain specified regions in next few years. Government grants received were recognized as other non-current liabilities initially and will be released to government grants in the consolidated statements of comprehensive loss when the conditions attached for operation performance and tax contribution are satisfied. As of June 30, 2026, as the Group estimated that the conditions attached for operation performance and tax contribution would be not probable to be satisfied, the Group classified these liabilities as other non-current liabilities.
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