v3.26.3
PROPERTY AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2026
PROPERTY AND EQUIPMENT, NET  
PROPERTY AND EQUIPMENT, NET

4.PROPERTY AND EQUIPMENT, NET

Property and equipment, net consist of the following:

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As of

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December 31, 

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June 30, 

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  ​ ​ ​

2025

  ​ ​ ​

2026

Cost:

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  ​

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  ​

Buildings

 

782

 

736

Leasehold improvements

 

10,872

 

10,733

Furniture, fixtures and equipment

 

2,490

 

2,474

Motor vehicles

 

3

 

3

​

 

14,147

 

13,946

Less: Accumulated depreciation

 

9,121

 

9,178

​

 

5,026

 

4,768

Construction in progress

 

204

 

221

Property and equipment, net

 

5,230

 

4,989

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Depreciation expense was RMB564 and RMB532 for the six months ended June 30, 2025 and 2026, respectively.