v3.26.1
LEASE (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of supplementary information related to operating leases

 

 

Year ended
December 31,

 

 

2024

 

 

2025

 

 

RMB

 

 

RMB

 

Cash paid for amounts included in the measurement of
   lease liabilities:

 

 

 

 

 

 

Operating cash flows from operating leases

 

 

117,774

 

 

 

171,977

 

Non-cash right-of-use assets in exchange for new lease
   liabilities:

 

 

 

 

 

 

Operating leases

 

 

639,386

 

 

 

332,428

 

Weighted average remaining lease term:

 

 

 

 

 

 

Operating leases

 

 

4.0

 

 

 

3.6

 

Weighted average discount rate:

 

 

 

 

 

 

Operating leases

 

 

6.8

%

 

 

5.4

%

Future minimum payments under non-cancelable operating leases

The following is a maturity analysis of the annual undiscounted cash flows as of December 31, 2025:

 

 

RMB

 

Year ending December 31,

 

 

 

2026

 

 

164,256

 

2027

 

 

137,409

 

2028

 

 

105,723

 

2029

 

 

66,533

 

2030

 

 

19,934

 

2031 and thereafter

 

 

3,014

 

Less: imputed interest

 

 

(43,457

)

Total

 

 

453,412