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Parent only financial information | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Parent only financial information | Parent only financial information The following condensed financial statements of the Company have been prepared using the same accounting policies as set out in the accompanying consolidated financial statements. As of December 31, 2024, there were no material contingencies, significant provisions of long-term obligations, mandatory dividend or redemption requirements of convertible redeemable preferred shares or guarantees of the Company, except for those, which have been separately disclosed in the consolidated financial statements. (a)Condensed Balance Sheets
| As of December 31,
| 2023 |  | 2024
| RMB |  | RMB
ASSETS |  |  |
Current assets |  |  |
Cash | 12,947 |  |  | 4,105 |
Short-term investments | 121,876 |  |  | 130,525 |
Prepayments and other assets | — |  |  | 14,578 |
Amounts due from related parties | 4,288,934 |  |  | 4,445,227 |
Total current assets | 4,423,757 |  |  | 4,594,435 |
Non-current assets |  |  |
Long-term investments | 48,580 |  |  | 5,316 |
Total non-current assets | 48,580 |  |  | 5,316 |
Total assets | 4,472,337 |  |  | 4,599,751 |
Current Liabilities |  |  |
Convertible notes payable, current | — |  |  | 470,610 |
Accrued expenses and other current liabilities | 64,924 |  |  | 99,057 |
Amounts due to related parties | 180,698 |  |  | 170,768 |
Share of losses in excess of investments in subsidiaries | 4,689,593 |  |  | 5,618,976 |
Total current liabilities | 4,935,215 |  |  | 6,359,411 |
Non-current liabilities |  |  |
Convertible notes payable, non-current | 455,701 |  |  | — |
Total non-current liabilities | 455,701 |  |  | — |
Total liabilities | 5,390,916 |  |  | 6,359,411 |
SHAREHOLDERS’ DEFICIT |  |  |
Class A Ordinary Shares | 9 |  |  | 10 |
Class B Ordinary Shares | 1 |  |  | 1 |
Treasury Shares | — |  |  | (7,435) |
Additional paid-in capital | 6,096,675 |  |  | 6,214,270 |
Accumulated deficit | (6,670,686) |  |  | (7,603,001) |
Accumulated other comprehensive loss | (344,578) |  |  | (363,505) |
Total shareholders’ deficit | (918,579) |  |  | (1,759,660) |
Total liabilities and shareholders’ deficit | 4,472,337 |  |  | 4,599,751 |
(b)Condensed statements of comprehensive loss
| Year end of December 31,
| 2022 |  | 2023 |  | 2024
| RMB |  | RMB |  | RMB
General and administrative expenses | (26,005) |  |  | (24,089) |  |  | (26,125) |
Interest income | 6,565 |  |  | 5,411 |  |  | 11,644 |
Interest expense | (3,132) |  |  | (25,608) |  |  | (59,842) |
Foreign currency exchange (losses)/gains | (14,459) |  |  | 1,245 |  |  | (91) |
Change in fair value of an equity security | (16,843) |  |  | (22,451) |  |  | (44,019) |
Share of losses from subsidiaries | (1,511,004) |  |  | (875,014) |  |  | (813,882) |
Loss before income taxes | (1,564,878) |  |  | (940,506) |  |  | (932,315) |
Income tax expenses | — |  |  | — |  |  | — |
Net loss | (1,564,878) |  |  | (940,506) |  |  | (932,315) |
(c)Condensed statements of cash flows
| Year ended December 31,
| 2022 |  | 2023 |  | 2024
| RMB |  | RMB |  | RMB
Net cash used in operating activities | (22,893) |  |  | (43,242) |  |  | (46,203) |
Net cash (used in)/provided by investing activities | (734,299) |  |  | (123,944) |  |  | 59,022 |
Net cash provided by/(used in) financing activities | 729,767 |  |  | 59,177 |  |  | (21,898) |
Effect of foreign currency exchange rate changes on cash | (12,308) |  |  | 1,934 |  |  | 237 |
Net decrease in cash | (39,733) |  |  | (106,075) |  |  | (8,842) |
Cash at beginning of the year | 158,755 |  |  | 119,022 |  |  | 12,947 |
Cash at end of the year | 119,022 |  |  | 12,947 |  |  | 4,105 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481231/810-10-45-11 + Details
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