XML 45 R23.htm IDEA: XBRL DOCUMENT v3.26.1
RELATED PARTY BALANCES AND TRANSACTIONS
 12 Months Ended
Dec. 31, 2025
RELATED PARTY BALANCES AND TRANSACTIONS  
RELATED PARTY BALANCES AND TRANSACTIONS

14.RELATED PARTY BALANCES AND TRANSACTIONS

During the years ended December 31, 2023, 2024 and 2025, respectively, other than disclosed elsewhere, the Company had the following major related party transactions:

Name of related parties

  ​ ​ ​

Relationship with the Group 

XVC FUND II LP and its affiliates (the “XVC Group”)

​

Shareholder of the Group

Shanghai Fosun High-Tech (Group) Co., Ltd. and its affiliates (the “Fosun Group”)

​

Shareholder of the Group

Qingdao Qiushi Chenxing L.P. (“Qiushi Chenxing”)

​

Shareholder of the Group

Junjie Zhang and Partea Ltd. (company controlled and fully owned by Junjie Zhang)

​

Shareholder of the Group

Xianggui Peng and TasTea Ltd. (company controlled and fully owned by Xianggui Peng)

​

Shareholder of the Group

Peibang Gong, TEALATTE Ltd. (company controlled and fully owned by Peibang Gong)

​

Shareholder of the Group

Jiangmen Pengjiang District Yu Sheng Beverage Plant

​

Company controlled by one of the supervisors* of the Group

Investees

​

Equity investment

*

A member of Beijing Chagee’s Supervisory Committee responsible for supervising the performance of the Board of Directors and senior management.

​

14.RELATED PARTY BALANCES AND TRANSACTIONS (CONTINUED)

(a)Significant transactions with related parties

​

​

​

​

​

​

​

​

  ​ ​ ​

For the Years Ended

​

​

December 31, 

​

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

2025

​

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

RMB

Services and sales to related parties

​

  ​

​

  ​

​

  ​

Investees

 

2,511

 

18,811

 

32,707

Total

 

2,511

 

18,811

 

32,707

Loans advanced to the related parties

 

  ​

 

  ​

 

  ​

Junjie Zhang

 

20,000

 

—

 

—

Xianggui Peng

 

7,000

 

—

 

—

Peibang Gong

 

5,000

 

—

 

—

Jiangmen Pengjiang District Yu Sheng Beverage Plant

 

2,000

 

—

 

—

Total

 

34,000

 

—

 

—

Share-based compensation related to ordinary shares exchanged for preferred shares (Note 16)

 

  ​

 

  ​

 

  ​

Partea Ltd

 

4,237

 

—

 

—

TasTea Ltd

 

1,633

 

—

 

—

TEALATTE Ltd

 

1,120

 

—

 

—

Total

 

6,990

 

—

 

—

Repayment of the loans advanced to the related parties

​

  ​

​

  ​

​

  ​

Junjie Zhang

 

24,000

 

—

 

—

Xianggui Peng

 

7,000

 

—

 

—

Peibang Gong

 

5,000

 

—

 

—

Jiangmen Pengjiang District Yu Sheng Beverage Plant

 

2,000

 

—

 

—

Total

 

38,000

 

—

 

—

Bridge loans to shareholders related to Restructuring

 

  ​

 

  ​

 

  ​

XVC Group

 

138,000

 

—

 

—

Qiushi Chenxing

 

117,000

 

—

 

—

Fosun Group

 

50,000

 

—

 

—

Total

 

305,000

 

—

 

—

Repayment of bridge loans to shareholders related to Restructuring

 

  ​

 

  ​

 

  ​

XVC Group

 

138,000

 

—

 

—

Qiushi Chenxing

 

117,000

 

—

 

—

Fosun Group

 

50,000

 

—

 

—

Total

 

305,000

 

—

 

—

​

​

(b)Balances with related parties

​

​

​

​

​

​

  ​ ​ ​

As of December 31, 

​

  ​ ​ ​

2024

  ​ ​ ​

2025

​

  ​ ​ ​

RMB

  ​ ​ ​

RMB

Amounts due from related parties

 

  ​

 

  ​

Investees

 

1,547

 

2,085

Total

 

1,547

 

2,085

​