v3.26.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Future minimum commitments under non-cancelable agreements

As of December 31, 2025, future minimum commitments under non-cancelable agreements were as follows (in thousands):

 

 

Property
Management
Costs

 

 

Bandwidth
Purchases

 

 

Cooperation
with
Phoenix TV
Group

 

 

Content
Purchases

 

 

Others

 

 

Total

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

2026

 

 

4,896

 

 

 

485

 

 

 

56,399

 

 

 

6,264

 

 

 

3,878

 

 

 

71,922

 

2027

 

 

3,268

 

 

 

—

 

 

 

1,399

 

 

 

1,000

 

 

 

274

 

 

 

5,941

 

2028

 

 

2,957

 

 

 

—

 

 

 

350

 

 

 

—

 

 

 

88

 

 

 

3,395

 

2029

 

 

2,957

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2,957

 

2030 and thereafter

 

 

3,194

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

3,194

 

Total

 

 

17,272

 

 

 

485

 

 

 

58,148

 

 

 

7,264

 

 

 

4,240

 

 

 

87,409