18. OTHER ASSETS – THIRD PARTIES Other assets are consisted of the follows (RMB in thousands): | | | | | | | As of December 31, | | | 2024 | | 2025 | | | RMB | | RMB | Prepayments for purchase of property, plant and equipment | | 845,201 | | 1,088,586 | Long-term receivables related to disposal of a subsidiary (Note 8) | | 919,392 | | 700,699 | Prepayment for warranty insurance premium | | 99,611 | | 92,976 | Loan receivables | | — | | 58,180 | Deposit for rent and others | | 53,927 | | 24,488 | Prepayment of income tax attributable to intercompany transactions | | 7,069 | | 3,706 | Refund receivable of U.S. countervailing duties and anti-dumping duties | | 13,563 | | — | Less: Allowance for credit losses | | (788) | | (366) | Total | | 1,937,975 | | 1,968,269 |
The following table summarizes the activity in the allowance for credit losses related to deposits for the year ended December 31, 2023, 2024 and 2025 (RMB in thousands): | | | | | | | | | As of December 31, | | | 2023 | | 2024 | | 2025 | | | RMB | | RMB | | RMB | At beginning of year | | 1,855 | | 914 | | 788 | Reversal | | (941) | | (126) | | (422) | At end of year | | 914 | | 788 | | 366 |
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