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INTANGIBLE ASSETS, NET | 12 Months Ended
--- | ---
Dec. 31, 2024
INTANGIBLE ASSETS, NET |
INTANGIBLE ASSETS, NET | 5.INTANGIBLE ASSETS, NET Intangible assets, net consist of the following: ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2023 |  | 2024
Intangible assets with indefinite lives: | ​ |  | ​ |
Brand names |  | 5,327 |  | 5,235
Master brand agreement |  | 192 |  | 192
Intangible assets with finite lives: |  | ​ |  | ​
Franchise or manachise agreements |  | 281 |  | 248
Purchased software |  | 135 |  | 149
Other intangible assets |  | 75 |  | 74
Total |  | 6,010 |  | 5,898
Less: Accumulated amortization |  | 204 |  | 228
Less: Accumulated impairment loss(Note2) | ​ | 526 | ​ | 894
Total |  | 5,280 |  | 4,776
​ Amortization expense of intangible assets for the years ended December 31, 2022, 2023 and 2024 amounted to RMB45, RMB45, and RMB39, respectively. There were 3 brand names with indefinite lives acquired in DH acquisition. Impairment recognized relating to these brand names were RMB167, RMB160 and RMB391, respectively for the years ended December 31, 2022, 2023 and 2024. The annual estimated amortization expense for the above intangible assets excluding brand names and master brand agreement for the following years is as follows: ​
​ | ​ | ​
​ | ​ | Amortization for
​ |  | Intangible Assets
2025 |  | 30
2026 |  | 27
2027 |  | 25
2028 |  | 21
2029 |  | 19
Thereafter |  | 108
Total |  | 230
​

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