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PREPAYMENTS AND OTHER CURRENT ASSETS, NET (Details) ¥ in Thousands, $ in Thousands | Dec. 31, 2025 CNY (¥) | Dec. 31, 2025 USD ($) | Dec. 31, 2024 CNY (¥)
--- | --- | --- | ---
PREPAYMENTS AND OTHER CURRENT ASSETS, NET |  |  |
Prepayments for purchased goods or services(ii) | ¥ 85,683 |  | ¥ 125,070
Payments on behalf of franchised stores | 42,558 |  | 45,228
Prepaid rental and other deposits | 65,856 |  | 33,426
Deductible input VAT | 144,208 |  | 45,946
Receivable from online retail platforms | 25,248 |  | 11,830
Interest receivable | 27,675 |  | 14,749
Others | 90,685 |  | 39,155
Total | ¥ 481,913 | $ 68,913 | 315,404
Prepayments of Purchased Goods and Services |  |  |
Deferred IPO Costs |  |  | ¥ 16,900

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