v3.26.3
Concentrations of Credit Risk (Tables)
 6 Months Ended
Jun. 30, 2026
Concentrations of Credit Risk [Abstract]  
Schedule of Customer Concentration Estimated Renewal Commissions

Customers accounting for 10% or more of total net revenues excluding estimated renewal commissions are as follows:

 

    Six Months ended June 30,  
    2025     % of sales     2026     % of sales  
    RMB           RMB        
Sinatay Life Insurance Co., Ltd. (“Sinatay”)     64,873       15.4       30,702       10.5  
Fanhua RONS Insurance Sales & Service Co., Ltd.     *       *       32,086       11.0  
Aeon Life Insurance Co., Ltd. (“Aeon”).     43167       10.2       *       *  
Ruizhong Life Insurance Co., Ltd.     *       *       30,856       10.6  
Subtotal     108,040       25.6       93,644       32.1  

 

* represented less than 10% of total net revenues for the period.

 

Customers which accounted for 10% or more of gross accounts receivable excluding estimated renewal commissions are as follows:

 

    As of
December 31,
2025		     %     As of
June 30,
2026		     %  
Sinatay     14,136       20.9 %     *       * %
Fanhua RONS Insurance Sales & Service Co., Ltd.     12,247       18.1 %     12,240        16.6 %
AVIVA-COFCO Life Insurance Co., Ltd.     9,795       14.5 %     *       * %
Ruizhong Life Insurance Co., Ltd.     8,602       12.7 %     *       * %
Subtotal     44,780       66.2 %     12,240        16.6 %

 

* represented less than 10% of accounts receivable as of the period end.