INTANGIBLE ASSETS, NET |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||
| INTANGIBLE ASSETS, NET | ||||||||||||||||||||||||||||||||||||||||||||||
| INTANGIBLE ASSETS, NET | 17. INTANGIBLE ASSETS, NET Intangible assets and their related amortization are as follow (RMB in thousands):
Amortization expense was RMB122 million, RMB87 million and RMB122 million for the years ended December 31, 2023, 2024 and 2025, respectively. The estimated amortization expense for each of the succeeding fiscal years is RMB117 million. For the years ended December 31, 2023, 2024 and 2025, the Group disposed certain intangible assets with the net book value amounting of RMB14 million, RMB245 million and RMB2 million and recognized disposal loss amounted to RMB14 million, RMB6 million and RMB2 million, respectively. |
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