v3.26.1
Convertible Promissory Notes Payable (Tables)
12 Months Ended
Dec. 31, 2025
Convertible Promissory Notes Payable [Abstract]  
Summary of Convertible Promissory Notes Payable
    
Liabilities
    
Equity
 
    
RMB’000
    
RMB’000
 
Carrying value as of January 1, 2023
  
 
5,164,139
 
  
 
160,185
 
  
 
 
    
 
 
 
Interest accrued at effective interest rate (Note 12)
     448,017        —   
Interest paid
     (50,900 )       —   
Exchange differences
     89,012        —   
  
 
 
    
 
 
 
Carrying value as of December 31, 2023
  
 
5,650,268
 
  
 
160,185
 
  
 
 
    
 
 
 
Interest accrued at effective interest rate (Note 12)
     486,731        —   
Interest paid
     (51,180 )       —   
Exchange differences
     88,231        —   
  
 
 
    
 
 
 
Carrying value as of December 31, 2024
  
 
6,174,050
 
  
 
160,185
 
  
 
 
    
 
 
 
Interest accrued at effective interest rate (Note 12)
     526,111        —   
Interest paid
     (51,597 )       —   
Exchange differences
     (144,761 )       —   
  
 
 
    
 
 
 
Carrying value as of December 31, 2025
  
 
6,503,803
 
  
 
160,185