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Related Party Transactions and Balances (Tables) | 12 Months Ended
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Dec. 31, 2024
Related Party Transactions and Balances |
Schedule of significant related party transactions | The Group entered into the following significant related party transactions for the periods presented:
|  | For the Year Ended December 31, |
|  | 2022 |  |  | 2023 |  |  | 2024 |
|  | RMB in thousands |
Purchases of goods and services |  |  | 206,931 |  |  |  | 172,506 |  |  |  | 124,018 |
Transfer of long-term investments 1 |  |  | 275,000 |  |  |  | — |  |  |  | — |
Repayment of loans and interest from the Entity 2 |  |  | — |  |  |  | 696,624 |  |  |  | 58,101 |
Investment income and interest income |  |  | 78,827 |  |  |  | 48,069 |  |  |  | 34,344 |
Sales of goods and services |  |  | 13,953 |  |  |  | 12,740 |  |  |  | 12,033 |
1. | The balances due from the investment funds, of which the Company is their limited partners, as of December 31, 2023 and December 31, 2024 were consideration receivables related to the equity investments transferred, which is non-trade in nature.
2. | The Company established the Entity with an independent third party and two entities controlled by Mr. Rui Chen and Ms. Ni Li, respectively, to acquire the land use rights for a parcel of land in Shanghai for future construction. The balance as of December 31, 2023 and 2024 represents interest-bearing loans and interest expenses related to the Entity, which are non-trade in nature. The annual interest rate of the loans was 3.95 % as of December 31, 2024.
Schedule of significant related party balances | The Group had the following significant related party balances as of December 31, 2023 and 2024, respectively:
|  | December 31, 2023 |  |  | December 31, 2024 |
|  | RMB in thousands |
Amount due from related parties |  |  |  |
Due from investment funds 1 |  |  | 37,506 |  |  |  | 37,519 |
Due from the Entity 2 |  |  | 646,284 |  |  |  | 609,823 |
Due from other investees |  |  | 106,784 |  |  |  | 139,335 |
Total |  |  | 790,574 |  |  |  | 786,677 |
Amount due to related parties 3 |  |  | 14,896 |  |  |  | 4,549 |
1. | The balances due from the investment funds, of which the Company is their limited partners, as of December 31, 2023 and December 31, 2024 were consideration receivables related to the equity investments transferred, which is non-trade in nature.
2. | The Company established the Entity with an independent third party and two entities controlled by Mr. Rui Chen and Ms. Ni Li, respectively, to acquire the land use rights for a parcel of land in Shanghai for future construction. The balance as of December 31, 2023 and 2024 represents interest-bearing loans and interest expenses related to the Entity, which are non-trade in nature. The annual interest rate of the loans was 3.95 % as of December 31, 2024.
3. | The balances as of December 31, 2023 mainly represent considerations related to long-term investments, which are non-trade in nature. The balances as of December 31, 2024 mainly represent the payables in trade nature.

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- Definition Tabular disclosure of related party balances. + References No definition available. + Details
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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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