XML 49 R16.htm IDEA: XBRL DOCUMENT v3.26.1
Intangible assets, net
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets, net

7. Intangible assets, net

 

The following table summarizes the Group’s intangible assets, net:

 

       RMB   RMB   RMB 
   December 31, 2024 
   Weighted Average Useful Life   Gross Carrying Amount   Accumulated Amortization   Net Carrying Value 
       RMB   RMB   RMB 
                 
Finite-lived intangible assets:                   
Software  3 years    916    (916)   - 
Licenses  10 years    21,000    (15,050)   5,950 
Agency agreements  2 years    18,000    (18,000)   - 
Channel relationship  2 years    19,000    (19,000)   - 
Finite-lived intangible assets       58,916    (52,966)   5,950 

 

       RMB   RMB   RMB 
   December 31, 2025 
   Weighted Average Useful Life   Gross Carrying Amount   Accumulated Amortization   Net Carrying Value 
       RMB   RMB   RMB 
                 
Finite-lived intangible assets:                   
Software  3 years    916    (916)   - 
Licenses  10 years    21,000    (17,150)   3,850 
Agency agreements  2 years    18,000    (18,000)   - 
Channel relationship  2 years    19,000    (19,000)   - 
Finite-lived intangible assets       58,916    (55,066)   3,850 

 

Amortization expense for the years ended December 31, 2023, 2024 and 2025 were RMB2.1 million, RMB2.1 million and RMB2.1 million respectively.

 

The estimated amortization expenses for each of the following five years are as follows:

 

   December 31,
2025
 
    RMB 
2026   2,100 
2027   1,750 
2028   - 
2029   - 
2030   - 
Total   3,850