SHORT-TERM BORROWINGS - THIRD PARTIES (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | ||||
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Nov. 29, 2021 |
Dec. 31, 2023
USD ($)
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Dec. 31, 2022
USD ($)
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Dec. 31, 2023
CNY (¥)
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Dec. 31, 2022
CNY (¥)
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| SHORT-TERM BORROWINGS-THIRD PARTIES | |||||
| Borrowings from banks | $ 226,772 | $ 28,748 | |||
| Loan term | 1 year | ||||
| Interest rate on short-term borrowings | 3.90% | 3.90% | 3.90% | 3.90% | |
| Line of credit | ¥ | ¥ 279,300 | ¥ 28,748 | |||
| Unused portion | ¥ | ¥ 14,119 | ¥ 0 | |||
| Unsecured borrowings from a bank | |||||
| SHORT-TERM BORROWINGS-THIRD PARTIES | |||||
| Loan term | 1 year | 1 year | |||
| Unsecured borrowings from a bank | PRC | |||||
| SHORT-TERM BORROWINGS-THIRD PARTIES | |||||
| Principal amount of debt | $ 481,176 | $ 28,170 | |||
| Variable interest rate | 0.25% | ||||
| Unsecured borrowings from a bank | One-year loan prime rate ("LPR") | |||||
| SHORT-TERM BORROWINGS-THIRD PARTIES | |||||
| Principal amount of debt | $ 272,897 | ||||
| Variable interest rate | 0.10% | 0.25% | |||
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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Weighted average interest rate of short-term debt outstanding calculated at point in time. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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