v3.26.1
INTANGIBLE ASSETS, NET
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET

8. INTANGIBLE ASSETS, NET

The intangible assets consisted of the following:

 

 

As of December 31,

 

 

2024

 

 

2025

 

 

RMB

 

 

RMB

 

Student base

 

 

12,510

 

 

 

17,910

 

Trademark

 

 

1,675

 

 

 

1,675

 

License

 

 

24,937

 

 

 

51,907

 

Total

 

 

39,122

 

 

 

71,492

 

Less: Accumulated amortization

 

 

(11,307

)

 

 

(18,691

)

    Accumulated impairment loss

 

 

(9,831

)

 

 

(10,413

)

 

 

17,984

 

 

 

42,388

 

 

The Group recognized amortization expense of RMB2,705, RMB3,180 and RMB7,575 for the years ended December 31, 2023, 2024 and 2025, respectively. As of December 31, 2025, the Group expects to recognize amortization expenses of RMB12,317, RMB9,880, RMB7,963, RMB7,790 and RMB4,438 for the next five years, respectively, and nil thereafter.

 

The Group recorded nil, nil and RMB582 of impairment losses on intangible assets during the years ended December 31, 2023, 2024 and 2025.