v3.26.3
Commitments and contingencies
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments and contingencies Commitments and contingencies
As of June 30, 2026, the Group had contractual investment commitments in connection with its equity investments in Hubei Qiguang (Note 25(vi)) and Fuyang Fund. The total investment commitment contracted but not yet reflected in the unaudited condensed consolidated financial statements as of June 30, 2026 were as follows:

TotalLess than
one year
1-2 Years2-3 Years3-5 YearsOver 5
Years
Investment commitments192,253 192,253 — — — 
Capital commitments

Total capital expenditures contracted but not yet reflected in the unaudited condensed consolidated financial statements as of June 30, 2026 were as follows:
TotalLess than
one year
1-2 Years2-3 Years3-5 YearsOver 5
Years
Capital commitments3,868 3,868 — — — — 
Purchase commitments

As of June 30, 2026, the Group has future purchase commitment mainly related to the purchase of research and development services. Total purchase obligations contracted but not yet reflected in the unaudited condensed consolidated financial statements as of June 30, 2026 were as follows:
TotalLess than
one year
1-2 Years2-3 Years3-5 YearsOver 5
Years
Purchase commitment23,979 23,979 — — — —