v3.26.1
Prepaid Expenses and Other Current Assets
12 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Current Assets
5.
PREPAID EXPENSES AND OTHER CURRENT ASSETS

 

Prepaid expenses and other current assets consist of the following:

 

 

As of December 31,

 

 

2024

 

 

2025

 

 

RMB

 

 

RMB

 

 

US$

 

 

(in thousands)

 

Tax prepayments

 

 

261,943

 

 

 

210,454

 

 

 

30,095

 

Prepaid expenses

 

 

16,882

 

 

 

51,016

 

 

 

7,295

 

Rental and other deposits

 

 

12,801

 

 

 

11,338

 

 

 

1,621

 

Receivables from third-party payment platform

 

 

31,720

 

 

 

22,414

 

 

 

3,205

 

Other receivables

 

 

13,595

 

 

 

13,511

 

 

 

1,932

 

 

 

336,941

 

 

 

308,733

 

 

 

44,148