Related Party Transactions and Balances (Tables)

12 Months Ended

Dec. 31, 2024

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.

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.

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.