v3.26.1
SHORT-TERM AND LONG-TERM BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Summary of components of short-term and long term borrowings

The components of short-term and long-term borrowings were as follows:

 

 

As of December 31,

 

 

2024

 

 

2025

 

 

RMB

 

 

RMB

 

Short-term borrowings(1)

 

 

—

 

 

 

100,000

 

Long-term borrowings(2)

 

 

—

 

 

 

31,883

 

 

 

 

—

 

 

 

131,883

 

Schedule of long-term borrowings repayment

As of December 31, 2025, the long-term borrowings will be repaid according to the following schedule:

 

 

As of December 31, 2025

 

 

RMB

 

2026

 

 

—

 

2027

 

 

1,594

 

2028

 

 

9,565

 

2029

 

 

6,377

 

2030

 

 

6,377

 

2031 and thereafter

 

 

7,970

 

 

 

 

31,883