v3.26.3
Prepayments and Other Assets, Net
 6 Months Ended
Jun. 30, 2026
Prepayments and Other Assets, Net [Abstract]  
Prepayments and other assets, net
7. Prepayments and other assets, net

 

    As of
December 31,		     As of
June 30,		  
    2025     2026  
    RMB     RMB  
Security deposits with real estate developers, net (Note(a))     17,801       16,433  
Rental and other deposits, net (Note (b))     2,329       2,188  
Other receivables, net (Note (c))     62,476       74,130  
Prepayments and other assets, net     82,606       92,751  

 

(a) Security deposits with real estate developers, net

 

    As of
December 31,		     As of
June 30,		  
    2025     2026  
    RMB     RMB  
Security deposits with real estate developers     50,465       50,369  
Less: allowance for credit losses     (32,664 )     (33,936 )
Security deposits with real estate developers, net     17,801       16,433  

 

The allowance for credit losses provided against the deposits under Exclusive Sales Contract without Sales Commitment Arrangement (Note 1(c)) which were considered not recoverable was RMB32,664 and RMB33,936 as of December 31, 2025 and June 30, 2026, respectively.

 

The following table sets forth the movement in the allowance for credit losses of security deposits with real estate developers for the six months ended June 30, 2025 and 2026:

 

    For the Six Months Ended
June 30,		  
    2025     2026  
    RMB     RMB  
Balance at the beginning of the period     32,035       32,664  
Provision of allowance for credit losses     500       1,452  
Receivables written off for the period     (500 )     (180 )
Balance at the end of the period     32,035       33,936  

 

(b) Rental and other deposits, net

 

    As of
December 31,		     As of
June 30,		  
    2025     2026  
    RMB     RMB  
Rental and other deposits     6,288       6,147  
Less: allowance for credit losses     (3,959 )     (3,959 )
Rental and other deposits, net     2,329       2,188  

 

The allowance of credit losses against rental and other deposits which were considered not recoverable was RMB3,959 as of both December 31, 2025 and June 30, 2026.

 

The following table sets forth the movement in the allowance for credit losses of rental and other deposits for the six months ended June 30, 2025 and 2026:

 

    For the Six Months Ended
June 30,		  
    2025     2026  
    RMB     RMB  
Balance as of June 30, 2025 and 2026     3,959       3,959  

 

(c) Other receivables, net

 

    As of
December 31,		     As of
June 30,		  
    2025     2026  
    RMB     RMB  
Other receivables     72,979       84,633  
Less: allowance for credit losses     (10,503 )     (10,503 )
Other receivables, net     62,476       74,130  

 

The allowance of credit losses against other receivables which were considered not recoverable was RMB10,503 as of both December 31, 2025 and June 30, 2026.

 

The following table sets forth the movement in the allowance for credit losses of other receivables for the six months ended June 30, 2025 and 2026:

 

    For the Six Months Ended
June 30,		  
    2025     2026  
    RMB     RMB  
Balance at the beginning of the period     20,416       10,503  
Provision of allowance for credit losses     3,875       —  
Receivables written off for the period     (14,789 )     —  
Balance at the end of the period     9,502       10,503