v3.26.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2025
Long-Term Purchase Commitment [Line Items]  
Schedule of Future Minimum Payments Under Non-Cancelable Agreements for Property Management Fees

Future minimum payments under non-cancelable agreements for property management fees consist of the following as of December 31, 2025:

 

 

 

RMB

 

 

US$

 

 

 

(In thousands)

 

2026

 

 

18,296

 

 

 

2,616

 

2027

 

 

20,364

 

 

 

2,912

 

2028

 

 

19,613

 

 

 

2,805

 

2029

 

 

17,769

 

 

 

2,541

 

2030 and thereafter

 

 

64,109

 

 

 

9,167

 

 

 

 

140,151

 

 

 

20,041

 

Schedule of Future Minimum Payments Under Non-Cancelable Agreements

Commitments for Licensed Copyrights and Produced Content

Future minimum payments under non-cancelable agreements for licensed copyrights and produced content consist of the following as of December 31, 2025:

 

 

 

RMB

 

 

US$

 

 

 

(In thousands)

 

2026

 

 

8,827,695

 

 

 

1,262,344

 

2027

 

 

5,109,474

 

 

 

730,645

 

2028

 

 

2,778,807

 

 

 

397,364

 

2029

 

 

827,147

 

 

 

118,280

 

2030 and thereafter

 

 

378,960

 

 

 

54,191

 

 

 

 

17,922,083

 

 

 

2,562,824

 

 

 

Fixed Assets  
Long-Term Purchase Commitment [Line Items]  
Schedule of Future Minimum Payments Under Non-Cancelable Agreements

Future minimum payments under non-cancelable agreements for the purchase of fixed assets consist of the following as of December 31, 2025:

 

 

 

RMB

 

 

US$

 

 

 

(In thousands)

 

2026

 

 

18,258

 

 

 

2,610

 

2027

 

 

16,621

 

 

 

2,377

 

2028

 

 

15,908

 

 

 

2,275

 

2029

 

 

7,235

 

 

 

1,035

 

2030 and thereafter

 

 

—

 

 

 

—

 

 

 

 

58,022

 

 

 

8,297