v3.26.1
Cost of Revenues (Tables)
 12 Months Ended
Dec. 31, 2025
Cost of Revenue [Abstract]  
Schedule of cost of revenues

The cost of revenues are as follows (in thousands):

 

 

For the Years Ended December 31,

 

 

 

2023

 

 

2024

 

 

2025

 

 

 

RMB

 

 

RMB

 

 

RMB

 

Revenue sharing fees

 

 

12,997

 

 

 

13,160

 

 

 

6,958

 

Content and operational costs

 

 

420,721

 

 

 

396,013

 

 

 

367,140

 

Bandwidth costs

 

 

30,427

 

 

 

25,816

 

 

 

17,324

 

Total

 

 

464,145

 

 

 

434,989

 

 

 

391,422