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Related Party Balances and Transactions (Tables)

12 Months Ended

Dec. 31, 2024

Related Party Balances and Transactions

Schedule of major related parties of the Group and their relationships with the Group

​

Entity or individual name		Relationship with the Group
Tencent Holdings Limited and its subsidiaries (“Tencent Group”)	​	Shareholder of the Group

Summary of Related Party Balances and Transactions

(1) Service provided by related parties:

​	​	​	​	​	​	​
​	​	Year Ended December 31,
​		2022		2023		2024
​	​	RMB	​	RMB	​	RMB
Marketing services from Tencent Group(1)		20,688		79,469		5,282
Payment processing services from Tencent Group(2)		27,812		23,759		21,954
Cloud technology services from Tencent Group(3)		35,260		31,357		30,748
Others		114		891		2,228
Total		83,874		135,476		60,212

(1) The Group entered into a series of cooperation agreements with Tencent Group since 2020. The Group uses Tencent Group as its platform to provide marketing service.

(2) The Group entered into a series of agreements with Tencent Group in 2016. The Group uses weixin pay (from Tencent Group) as one of its payment processing platforms to collect cash from insurance policy holders, participants of its mutual aid plan, and users on its medical crowdfunding platform. Tencent Group charges service fee for each transaction processed.

(3) The Group entered into a series of agreements with Tencent Group since 2018. Tencent Group provides cloud technology services to the Group.

(2) Service provided to related parties:

​	​	​	​	​	​	​
​	​	Year Ended December 31,
​		2022		2023		2024
​	​	RMB	​	RMB	​	RMB
Advertising services to Tencent Group		962		560		1,121
Total		962		560		1,121

(3) Amount due from related parties:

​	​	​	​	​
​	​	As of December 31,
​		2023		2024
​	​	RMB	​	RMB
Tencent Group(1)		65	​	257
Total		65	​	257

(1) In addition, prepayments of RMB10,059 and RMB4,781 were recorded separately as of December 31, 2023 and 2024 under “Prepaid expense and other assets” in relation to the traffic channel service fee paid to Tencent Group, and the balance is amortized based on traffic volume consumed.

(4) Amount due to related parties:

​	​	​	​	​
​	​	As of December 31,
​		2023		2024
​	​	RMB	​	RMB
Cloud technology services from Tencent Group		9,509	​	10,363
Others		—	​	253
Total		9,509	​	10,616

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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.

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Tabular disclosure of significant related parties and their relationships with the entity.

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