v3.25.4
Share-based Payment (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Summary of Employee Share Options The following table sets forth the changes in the number of outstanding options and the weighted average exercise prices:
 
 
  
Average exercise
price per share
option
(RMB)
 
  
Number of options
(in ’000)
 
Outstanding as of January 1, 2022
   
 
76.12
 
   
 
17,821
 
Exercised during the period
      20.28        (2,821 ) 
As of December 31, 2022
   
 
86.62
 
   
 
15,000
 
Exercised during the period
      8.00        (181 ) 
Forfeited and other change during the year
      98.34        (1,425 ) 
As of December 31, 2023
   
 
87.58
 
   
 
13,394
 
Exercised during the period
      8.00        (247 )
Forfeited and other change during the year
      89.20        (2,437 ) 
As of December 31, 2024
   
 
88.90
 
   
 
10,710
 
Summary of Options at Different Exercise Price The following table sets forth the outstanding share options as of December 31, 2024 by different exercise price:
 
    
Number of options

(in ’000)
  
Exercise price per share option (RMB)
   
8.00
      40  
50.00
      2,825  
98.06
      5,778  
118.00
      2,067  
  
 
 
  
     10,710  
  
 
 
  
Performance Share Units  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Summary of Employee Share Options The following table sets forth the changes in the number of PSUs and weighted average exercise prices:
 
    
Weighted average

grant day fair value
     
Number of units
  
    
(RMB)
     
(in ’000)
  
Outstanding as of January 1, 2022
   
 
109.47
 
   
 
3,042
 
  
 
 
     
 
 
  
Granted during the year
      60.78        40  
Exercised during the year
      112.47        (402 ) 
Forfeited and other change during the year
      286.29        (325 ) 
  
 
 
     
 
 
  
Outstanding as of December 31, 2022
   
 
83.73
 
   
 
2,355
 
  
 
 
     
 
 
  
Granted during the year
      8.90        32  
Exercised during the year
      431.02        (172 ) 
Forfeited and other change during the year
      147.31        (119 ) 
  
 
 
     
 
 
  
Outstanding as of December 31, 2023
   
 
50.48
 
   
 
2,096
 
  
 
 
     
 
 
  
Granted during the year
      —         —   
Exercised during the year
      61.44        (635 )
Forfeited and other change during the year
      39.95        (614 ) 
  
 
 
     
 
 
  
Outstanding as of December 31, 2024
   
 
30.46
 
   
 
847