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v3.25.1

Related Party Transactions and Balances (Details) - CNY (¥) ¥ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Related Party Transactions |  |  |  |
Purchases of goods and services |  | ¥ 124,018 | ¥ 172,506 | ¥ 206,931
Transfer of long-term investments | [1] |  |  | 275,000
Repayment of loans and interest from the Entity | [2] | 58,101 | 696,624 |
Investment income and interest income |  | ¥ 34,344 | 48,069 | 78,827
Loans to an entity [Member] |  |  |  |
Related Party Transactions |  |  |  |
Related party transaction interest rate |  | 3.95% |  |
Investment Fund [Member] |  |  |  |
Related Party Transactions |  |  |  |
Amount due from related parties | [1] | ¥ 37,519 | 37,506 |
Entity [Member] |  |  |  |
Related Party Transactions |  |  |  |
Amount due from related parties | [2] | ¥ 609,823 | 646,284 |
Related party transaction, Description of transaction |  | 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. |  |
Other Investees [Member] |  |  |  |
Related Party Transactions |  |  |  |
Amount due from related parties |  | ¥ 139,335 | 106,784 |
Related Party [Member] |  |  |  |
Related Party Transactions |  |  |  |
Sales of goods and services |  | 12,033 | 12,740 | ¥ 13,953
Amount due from related parties |  | 786,677 | 790,574 |
Amount due to related parties | [3] | ¥ 4,549 | ¥ 14,896 |
[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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