v3.26.3
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - CNY (¥)
¥ in Thousands
Class A ordinary shares
Class B ordinary shares
Share premium
Treasury shares
Share-based compensation reserve
Translation reserve
Other reserves
Accumulated losses
Total
Beginning balance at Dec. 31, 2024 ¥ 54 ¥ 4 ¥ 12,750,598   ¥ 2,124,150 ¥ (196,283) ¥ 1,018,848 ¥ (8,631,352) ¥ 7,066,019
Loss for the period               (791,517) (791,517)
Foreign currency translation adjustment, net of nil income taxes           (29,075)     (29,075)
Total comprehensive income for the period           (29,075)   (791,517) (820,592)
Share-based compensation expenses         219,522       219,522
Issuance of Class A ordinary shares to settle vested RSUs 3   (3)            
Class A ordinary shares issued to depositary bank 4   (4)            
Issuance of Class A ordinary shares for exercise of share options 1   49,652           49,653
Withholding of vested RSUs to satisfy income tax requirements upon settlement of vested RSUs         (50,846)       (50,846)
Changes in Equity 8   49,645   168,676       218,329
Ending balance at Jun. 30, 2025 62 4 12,800,243   2,292,826 (225,358) 1,018,848 (9,422,869) 6,463,756
Beginning balance at Dec. 31, 2025 69 4 14,962,531   2,523,287 (318,313) 1,018,848 (10,286,252) 7,900,174
Loss for the period               (789,750) (789,750)
Foreign currency translation adjustment, net of nil income taxes           (172,106)     (172,106)
Total comprehensive income for the period           (172,106)   (789,750) (961,856)
Share-based compensation expenses         119,210       119,210
Issuance of Class A ordinary shares for exercise of share options     22,583           22,583
Repurchase of Class A ordinary shares       ¥ (684,809)         (684,809)
Changes in Equity     22,583 (684,809) 119,210       (543,016)
Ending balance at Jun. 30, 2026 ¥ 69 ¥ 4 ¥ 14,985,114 ¥ (684,809) ¥ 2,642,497 ¥ (490,419) ¥ 1,018,848 ¥ (11,076,002) ¥ 6,395,302