FAIR VALUE MEASUREMENTS - Changes in fair value of Foreign Exchange Option (Details) - Foreign exchange option - CNY (¥) ¥ in Thousands |
12 Months Ended | ||
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Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Fair Value, assets measured on recurring basis, unobservable input reconciliation | |||
| Balance at January 1, | ¥ (5,024) | ¥ (1,159) | ¥ (3,226) |
| Addition of foreign exchange options | (60,126) | (5,207) | (72,240) |
| Change in fair value of foreign exchange options gain/(loss) | 37,586 | 1,342 | 74,307 |
| Balance at December 31, | ¥ (27,564) | ¥ (5,024) | ¥ (1,159) |
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- Definition Amount represents the value of purchase of foreign exchange option. No definition available.
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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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. 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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- Details
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