v3.26.1
ACCOUNTS RECEIVABLE, NET
12 Months Ended
Dec. 31, 2025
ACCOUNTS RECEIVABLE, NET  
ACCOUNTS RECEIVABLE, NET

4.    ACCOUNTS RECEIVABLE, NET

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As of December 31, 

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2024

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2025

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RMB

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RMB

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US$

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Receivables due from partners

 

19,656

 

55,729

 

7,954

Receivables due from franchisees

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8,786

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7,504

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1,071

Receivables due from corporate customers

 

82,809

 

93,097

 

13,288

Accounts receivable

 

111,251

 

156,330

 

22,313

Allowance for credit losses

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—

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—

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—

Accounts receivable, net

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111,251

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156,330

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22,313

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