​

  ​ ​ ​

For the years ended December 31, 

​

​

2023

​

2024

​

2025

​

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

RMB

Revenue sharing fees and content costs

5,378,413

4,619,735

​

4,872,318

Salary and welfare

​

241,243

​

233,669

​

222,454

Costs of in-game virtual items

​

10,283

​

15,762

​

197,918

Bandwidth and server custody fees

360,660

237,441

​

179,189

Payment handling costs

64,665

​

42,303

​

42,628

Share-based compensation

16,137

​

15,566

​

12,091

Others

107,724

​

105,185

​

103,669

Total

6,179,125

​

5,269,661

​

5,630,267