Related parties and related party transactions (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Disclosure of transactions between related parties [abstract] |
|
| Summary of Related Party Name |
The following table sets forth the major related parties which have major transactions with the Group during the years ended December 31, 2023, 2024 and 2025 :
|
|
|
|
|
| |
|
Name of related parties |
|
Relationship with the Company |
| Before July 30, 2024 |
|
Ping An Insurance (Group) Company of China, Ltd. |
|
Significant influence on the Company and its subsidiaries |
|
|
|
| From July 30, 2024 |
|
Ping An Insurance (Group) Company of China, Ltd. |
|
Ultimate controlling shareholder of the Company and its subsidiaries |
|
| Summary of Related Party Transactions |
The following are the significant related party transactions with Ping An Group and its subsidiaries during the period:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the year ended December 31, |
|
| |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
Technology platform-based income |
|
|
514,936 |
|
|
|
91,005 |
|
|
|
65,007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income |
|
|
1,109,802 |
|
|
|
1,275,058 |
|
|
|
936,171 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment income |
|
|
158,552 |
|
|
|
74,114 |
|
|
|
10,813 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income |
|
|
415,748 |
|
|
|
281,260 |
|
|
|
190,128 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expenses |
|
|
14,115 |
|
|
|
20,824 |
|
|
|
29,028 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sales and marketing expenses, general and administrative expenses, operation and servicing expenses, and technology and analytics expenses |
|
|
2,136,087 |
|
|
|
1,566,975 |
|
|
|
1,368,008 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other gain/(loss) - net |
|
|
(70,671 |
) |
|
|
25,431 |
|
|
|
642 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of Related Party Transactions Outstanding |
The following are the significant related party balances with Ping An Group and its subsidiaries as of period end:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cash |
|
|
10,621,118 |
|
|
|
6,493,443 |
|
|
|
|
|
|
|
|
|
|
| Restricted cash |
|
|
5,647,728 |
|
|
|
3,986,060 |
|
|
|
|
|
|
|
|
|
|
| Accounts and other receivables and contract assets and other assets (i) |
|
|
2,189,140 |
|
|
|
1,071,570 |
|
|
|
|
|
|
|
|
|
|
| Accounts and other payables and contract liabilities and other liabilities (i) |
|
|
1,464,914 |
|
|
|
1,658,352 |
|
|
|
|
|
|
|
|
|
|
| Financial assets at amortized cost |
|
|
1,500,582 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
| Borrowings |
|
|
818,986 |
|
|
|
1,520,258 |
|
|
|
|
|
|
|
|
|
|
| Payable to platform investors, accounts and other payables and contract liabilities and other liabilities (i) (ii) |
|
|
3,910 |
|
|
|
3,910 |
|
|
|
|
|
|
|
|
|
|
| (i) |
The balances with related parties were unsecured, interest-free and repayable on demand. These non-trade balances with related parties were mainly for treasury management purposes which are collectable or repayable on demand or within one year. |
| (ii) |
No cash dividends were paid to either An Ke or PAOH in 2025 (2024: nil). |
|
| Summary of Compensation of key Management Personnel |
The following table sets forth the compensation paid or payable to key management for employee services:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended December 31, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Wages, salaries and bonus |
|
|
26,074 |
|
|
|
37,412 |
|
|
|
26,378 |
|
| Other social security costs, housing benefits and other employee benefits |
|
|
7,267 |
|
|
|
6,262 |
|
|
|
4,633 |
|
| Pension costs - defined contribution plans |
|
|
359 |
|
|
|
374 |
|
|
|
385 |
|
| Share-based payment |
|
|
(19,049 |
) |
|
|
(2,294 |
) |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|