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RELATED PARTY TRANSACTIONS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
RELATED PARTY TRANSACTIONS |
Schedule of significant related party transactions | ​
​ | ​ | ​ | ​ | ​
​ | ​ | For the nine months ended September 30,
​ |  | 2023 |  | 2024
​ | ​ | RMB | ​ | RMB
Services provided to: |  |  |  |
-SH Edge Interchange |  | 938 |  | 40
-Changzhou Gaoxin |  | — |  | 755
​ | ​ | ​ | ​ | ​
Services provided by: |  |  |  |
-CYSD |  | 31,119 |  | —
-Sanhe Mingtai |  | 17,366 |  | 20,102
-Others |  | 2,224 |  | —
​ | ​ | ​ | ​ | ​
Loan to: |  |  |  |
-Shanghai Puping |  | 80,263 |  | 40,038
-SH Edge Interchange |  | 1,000 |  | —
-Sanhe Mingtai |  | 33,785 |  | 11,959
​ | ​ | ​ | ​ | ​
Receipt of loan to: |  |  |  |
-SH Shibei |  | 9,800 |  | —
-Sanhe Mingtai |  | — |  | 28,313
​ | ​ | ​ | ​ | ​
Loan by: |  |  |  |
-Changzhou Gaoxin* |  | 350,000 |  | —
​ | ​ | ​ | ​ | ​
Interest income from loan to: |  |  |  |
-SH Shibei |  | (1,321) |  | —
-SH Edge Interchange |  | 32 |  | 19
​ | ​ | ​ | ​ | ​
Interest expense by loan to: |  |  |  |
-Changzhou Gaoxin |  | 13,183 |  | 14,850
​ | ​ | ​ | ​ | ​
Lease payment paid to: |  |  |  |
-Sanhe Mingtai |  | 10,801 |  | 38,513
| * | In May 2023, the Company obtained a loan in the amount of RMB350,000 from Changzhou Gaoxin at an interest rate of 6.0% per annum. The interest rate was modified to 3.85% since July 31, 2024. The maturity date of the loan was March 31, 2024, which was subsequently extended to January 31, 2025.
Schedule of related party balances | ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of
​ |  | December 31, 2023 | ​ | September 30, 2024
​ | ​ | RMB | ​ | RMB
Amounts due from related parties: |  |  |  |
-Shanghai Puping |  | 218,405 |  | 258,443
-Sanhe Mingtai |  | 56,833 |  | 58,721
-Others |  | 1,999 |  | 455
​ |  | 277,237 |  | 317,619
Amounts due to related parties: |  |  |  |
-Changzhou Gaoxin |  | 356,067 |  | 354,880
-Others |  | 13 |  | 23
​ |  | 356,080 |  | 354,903
​

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- Definition Tabular disclosure of related party balances, including due from and due to related parties. + 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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