v3.26.3
Fair Value Measurement (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis

The following table summarizes the Company’s financial liabilities measured and recorded at fair value on recurring basis as of December 31, 2025 and June 30, 2026:

 

   As of December 31, 2025 
   Active Market   Observable Input  

Unobservable Input

     
   (Level 1)   (Level 2)   (Level 3)   Total 
   RMB   RMB   RMB   RMB 
Liabilities:                
Warrant   1,512    -    -    1,512 
Corporate borrowings from Fanhua Group   -    -    50,626    50,626 

 

   As of June 30, 2026 
   Active Market   Observable Input   Unobservable Input     
   (Level 1)   (Level 2)   (Level 3)   Total 
   RMB   RMB   RMB   RMB 
Liabilities:                    
Warrant   1,544    -    -    1,544 
Corporate borrowings from Fanhua Group   -    -    52,949    52,949