FAIR VALUE MEASUREMENTS - Changes in Level 3 fair value of equity securities (Details) - Equity Securities - CNY (¥) ¥ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Impairment Effects on Earnings Per Share [Line Items] | |||
| Balance at January 1, | ¥ 97,372 | ¥ 228,706 | ¥ 178,871 |
| Disposal | (15,000) | ||
| Change in fair value of warrant liability | (20,372) | (131,334) | 49,835 |
| Balance at December 31, | ¥ 62,000 | ¥ 97,372 | ¥ 228,706 |
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- Definition Amount of sale of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of gain (loss) recognized in income from liability measured at fair value on recurring basis using unobservable input (level 3). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Details
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