| Related Party Transactions |
16. | Related Party Transactions |
| | | Names of related parties | | Relationship with the Group | Tencent and its affiliates (“Tencent Group”) | | A shareholder of the Company | Ningbo Hexin Equity Investment Partnership | | Company controlled by one of the executive officers of the Company | Shanghai Fufeitong Payment Service Co., Ltd. (formerly known as Shanghai Fufeitong Information Service Co., Ltd.) and its affiliates (“Fufeitong Group”) | | Company controlled by one of the executive officers of the Company |
(b) | Other than disclosed elsewhere, the Group had the following significant related party transactions for the years ended December 31, 2023, 2024 and 2025, respectively: |
| | | | | | | | | | | For the years ended December 31, | | | 2023 | | 2024 | | 2025 | | 2025 | | | RMB | | RMB | | RMB | | US$ | Services provided to: | | | | | | | | | Fufeitong Group | | 4,272 | | — | | — | | — | | | | | | | | | | Services received from: | | | | | | | | | Tencent Group | | 7,182,496 | | 6,772,163 | | 6,476,166 | | 926,079 | Fufeitong Group | | 839,985 | | 902,266 | | 811,030 | | 115,976 |
16. | Related Party Transactions (Continued) |
(c) | The Group had the following significant related party balances as of December 31, 2024 and 2025: |
| | | | | | | | | As of December 31, | | | 2024 | | 2025 | | 2025 | | | RMB | | RMB | | US$ | Amounts due from related parties: | | | | | | | Current: | | | | | | | Tencent Group* | | 3,427,778 | | 3,826,908 | | 547,240 | Ningbo Hexin Equity Investment Partnership ** | | 710,632 | | 910,632 | | 130,219 | Fufeitong Group*** | | 3,430,770 | | 5,467,588 | | 781,855 | | | | | | | | Amounts due to related parties: | | | | | | | Current: | | | | | | | Tencent Group | | 669,635 | | 976,780 | | 139,678 | Fufeitong Group | | 132,224 | | 109,760 | | 15,695 |
* | The balance primarily represents receivables due from the online payment platform operated by Tencent Group. |
** | The balance represents loans to Ningbo Hexin Equity Investment Partnership, an entity controlled by one of the executive officers of the Company. |
*** | The balance primarily represents receivables due from the online payment platform operated by Fufeitong Group. |
|