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Leases

12 Months Ended

Dec. 31, 2024

LEASES

As of December 31, 2023 and 2024, the weighted average remaining lease term for the Group’s operating leases were 1.29 years and 2.43 years, respectively, and the corresponding weighted average discount rates were 5.66% and 3.71 %, respectively.

The components of lease cost were as follows:


	For the year ended December 31,
	2022		2023		2024
	RMB		RMB		RMB		US$
Operating lease cost		37,447		35,197		26,494		3,630
Short-term lease cost		2,267		1,971		5,347		733

Total lease cost		39,714		37,168		31,841		4,363


	For the year ended December 31,
	2022		2023		2024
	RMB		RMB		RMB		US$
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used for operating leases		37,811		37,700		27,385		3,752
ROU assets obtained in exchange for operating lease liabilities		4,311		—		65,841		9,020

Future lease payments under operating leases as of December 31, 2024 were as follows:


	Operating leases
	RMB			US$
Years ending December 31,
2025		26,100			3,576
2026		16,097			2,205
2027		12,539			1,718
2028		—			—
2029		—			—

Total future lease payments		54,736			7,499
Less: imputed interest		(2,415	)		(331	)

Total lease liability balance		52,321			7,168