​

  ​ ​ ​

As of December 31, 

  ​ ​ ​

As of June 30, 

​

​

2025

​

2026

​

​

RMB’000

​

RMB’000

Trade receivables

​

531,930

​

521,823

Less: loss allowance

(69,795)

(66,058)

Trade receivables, net of loss allowance

462,135

455,765

Receivables from payments made on behalf of customers, net of allowance

19,593

9,855

Other receivables

19,593

9,855

Trade and other receivables at amortized cost

481,728

465,620

Prepayments to suppliers

109,584

102,822

Refundable value-added tax

106,946

156,671

Others

33,863

34,138

Prepayments and others

250,393

293,631

Prepayments and other receivables

269,986

303,486