​

  ​ ​ ​

For the six months

​

​

ended June 30, 

​

​

2025

  ​ ​ ​

2026

​

​

RMB’000

​

RMB’000

Payroll and employee benefits (Note 6(i))

693,153

699,775

Cost of inventories (Note 13(b))

35,461

67,361

Depreciation and amortization (Note 6(ii))

73,027

117,813

Professional services fee

73,656

41,079

Service fee from a related party (Note 27(b))

32,379

41,920

Outsourcing service fee

61,734

105,314

Utilities and property management fee

24,823

28,795

Listing expense relating to the Global Offering

29,068

—

Others

66,612

118,938

Total cost of revenue, research and development expenses, administrative expenses and selling expenses

1,089,913

1,220,995

Notes:

  ​

  ​

(i) Payroll and employee benefits:

​

​

​

​

Salaries, allowances, bonus and benefits in kind

445,452

541,977

Contributions to defined contribution retirement plan

28,179

38,588

Share-based compensation expenses (Note 24)

219,522

119,210

​

693,153

699,775

(ii) Depreciation and amortization:

  ​

  ​

Property and equipment

45,372

88,708

Right-of-use assets

25,417

26,759

Intangible assets

2,238

2,346

​

73,027

117,813