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PROPERTY AND EQUIPMENT, NET | 12 Months Ended
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Dec. 31, 2024
PROPERTY AND EQUIPMENT, NET |
PROPERTY AND EQUIPMENT, NET | 4.PROPERTY AND EQUIPMENT, NET Property and equipment, net consist of the following: ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2023 |  | 2024
Cost: | ​ |  | ​ |
Buildings |  | 791 |  | 791
Leasehold improvements |  | 11,053 |  | 11,187
Furniture, fixtures and equipment |  | 2,448 |  | 2,363
Motor vehicles |  | 2 |  | 2
​ |  | 14,294 |  | 14,343
Less: Accumulated depreciation |  | 8,456 |  | 8,769
​ |  | 5,838 |  | 5,574
Construction in progress |  | 259 |  | 108
Property and equipment, net |  | 6,097 |  | 5,682
​ Depreciation expense was RMB1,312, RMB1,276 and RMB1,195 for the years ended December 31, 2022, 2023 and 2024, respectively.

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