v3.26.1
EMPLOYEE DEFINED CONTRIBUTION PLAN
12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
EMPLOYEE DEFINED CONTRIBUTION PLAN

16. EMPLOYEE DEFINED CONTRIBUTION PLAN

 

Full time employees of the Group in the mainland China participate in a government mandated defined contribution plan, pursuant to which certain pension benefits, medical care, employee housing fund, unemployment insurance and other welfare benefits are provided to employees. Labor regulations of mainland China require that the Group’s mainland China entities make contributions to the government for these benefits based on certain percentages of the employees’ salaries. The Group has no legal obligation for the benefits beyond the contributions made. The total amount for such employee benefits, which was expensed as incurred, was RMB176,965, RMB372,257 and RMB360,761 for the years ended December 31, 2023, 2024 and 2025, respectively.