v3.26.1
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2025
COMMITMENTS AND CONTINGENCIES  
Schedule of contractual obligations and commercial commitments

The following table sets forth the Group’s contractual obligations and commercial commitments as of December 31, 2025:

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Payment Due by Period

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Less than 

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More than 

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Total

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1 year

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2–3 years

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4–5 years

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5 years

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(in thousands of RMB)

Factory and office building construction commitments

 

177,750

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166,842

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10,908

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—

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—

Fix assets purchasing commitments

 

201,297

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201,297

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—

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—

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—

Total

 

379,047

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368,139

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10,908

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—

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