v3.26.3
Related Party Balances and Transactions (Tables)
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Schedule of Related Parties of the Group and their Relationships

The table below sets major related parties of the Group and their relationships with the Group:

 

Entity or individual name   Relationship with the Group
Fanhua Insurance Sales and Services Group Ltd. (“Fanhua Group”)   Shareholder of the Company
Mr. Lei Zhang   Founder, Chairman of the Board of Directors and CEO
Schedule of Related Party Transaction

The outstanding balance due to related parties as of December 31, 2025 and June 30, 2026 were as follows:

  

Balances with related parties  As of December 31, 2025   As of June 30, 2026 
   RMB   RMB 
Amounts due to related parties          
Fanhua Group (i)   50,626    52,949 
           
Amounts due from related parties          
Mr. Lei Zhang (ii)   -    13,622 
Others   -    681 
Total   -    14,303 

 

(i)Corporate borrowings from Fanhua Group
(ii)Amounts due from Mr. Lei Zhang
Schedule of Estimate the Fair Value of the Corporate Borrowings

 

   As of   As of 
   December 31, 2025   June 30, 2026 
Discount rate   9.20%  8.78%
Schedule of Corporate Borrowings

The movement of Corporate borrowings from Fanhua Group is as follows:

 

   Corporate Borrowings 
   RMB 
Balance as of January 1, 2025   45,811 
Change in fair value   2,052 
Change in other comprehensive income   453 
Balance as of June 30, 2025   48,316 
Balance as of January 1, 2026   50,626 
Change in fair value   2,330 
Change in other comprehensive income   (7)
Balance as of June 30, 2026   52,949