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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS ¥ in Thousands, $ in Thousands | 9 Months Ended
--- | ---
Sep. 30, 2024 CNY (¥) | Sep. 30, 2024 USD ($) | Sep. 30, 2023 CNY (¥)
CASH FLOWS FROM OPERATING ACTIVITIES |  |  |
Net cash generated from operating activities | ¥ 1,433,157 | $ 204,223 | ¥ 1,332,800
CASH FLOWS FROM INVESTING ACTIVITIES |  |  |
Purchases of property and equipment | (3,430,749) | (488,878) | (1,949,973)
Proceeds received from maturity of short-term investments | 433,099 | 61,716 | 144,516
Proceeds from collection of the deposit associated with an acquisition | 200,000 | 28,500 |
Payments for long-term investments | (52,665) | (7,505) | (511,299)
Payments for other investing activities | (164,233) | (23,401) | (186,418)
Net cash used in investing activities | (3,014,548) | (429,568) | (2,503,174)
CASH FLOWS FROM FINANCING ACTIVITIES |  |  |
Proceeds from long-term bank borrowings | 1,834,642 | 261,434 | 1,175,221
Proceeds from short-term bank borrowings | 758,019 | 108,017 | 30,000
Repayment of short-term bank borrowings | (235,749) | (33,594) |
Repayment of long-term bank borrowings | (478,909) | (68,244) | (206,985)
Repayments and deposits for other long-term borrowings | (507,437) | (72,309) | (182,969)
Proceeds from other long-term borrowings | 1,664,191 | 237,145 | 810,593
Proceeds from loan from a related party |  |  | 350,000
Payments for purchase of property and equityment through finance leases | (76,857) | (10,952) | (182,420)
Payments for other financing activities | (108,460) | (15,456) | (80,804)
Net cash generated from (used in) financing activities | (1,412,900) | (201,338) | 1,183,461
Effect of foreign exchange rate changes on cash and cash equivalents and restricted cash | (22,729) | (3,239) | 21,633
Net increase (decrease) in cash and cash equivalents and restricted cash | (3,017,020) | (429,922) | 34,720
Cash and cash equivalents and restricted cash at beginning of period | 5,098,987 | 726,600 | 2,989,494
Cash and cash equivalents and restricted cash at end of period | 2,081,967 | 296,678 | 3,024,214
Reconciliation of cash and cash equivalents and restricted cash to the consolidated balance sheets |  |  |
Cash and cash equivalents | 1,524,819 | 217,285 | 2,702,523
Restricted cash-current | 556,266 | 79,267 | 320,809
Restricted cash-non-current | 882 | 126 | 882
Total cash and cash equivalents and restricted cash | 2,081,967 |  | 3,024,214
2025 Convertible Notes |  |  |
CASH FLOWS FROM FINANCING ACTIVITIES |  |  |
Repurchase of Convertible Notes (Note 12) |  |  | ¥ (529,175)
2026 Convertible Notes |  |  |
CASH FLOWS FROM FINANCING ACTIVITIES |  |  |
Repurchase of Convertible Notes (Note 12) | ¥ (4,262,340) | $ (607,379) |

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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483467/210-10-45-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-4 + Details
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- Definition Amount of increase (decrease) from effect of exchange rate changes on cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; held in foreign currencies; including, but not limited to, disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 230 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477401/830-230-45-1 + Details
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- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 13 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-13 + Details
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- Definition The cash outflow from the repayment of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 15 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-15 + Details
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- Definition Amount of cash and cash equivalents restricted as to withdrawal or usage, classified as current. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-8 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-4 + Details
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