Series A Shares

Series B Shares

Series C Shares

Series D Shares

Series E Shares

Total

Number of
shares

Amount
(RMB)

Number of
shares

Amount
(RMB)

Number of
shares

Amount
(RMB)

Number of
shares

Amount
(RMB)

Number of
shares

Amount
(RMB)

Number of
shares

Amount
(RMB)

Balance as of January 1, 2023

15,040,570

574,512

7,085,330

329,406

23,786,590

453,926

37,152,161

959,436

26,417,318

1,236,949

109,481,969

3,554,229

Net accretion on convertible redeemable preferred shares to redemption value

—

(166,373

)

—

(129,888

)

—

39,862

—

99,998

—

165,853

—

9,452

Balance as of December 31, 2023

15,040,570

408,139

7,085,330

199,518

23,786,590

493,788

37,152,161

1,059,434

26,417,318

1,402,802

109,481,969

3,563,681

Balance as of January 1, 2024

15,040,570

408,139

7,085,330

199,518

23,786,590

493,788

37,152,161

1,059,434

26,417,318

1,402,802

109,481,969

3,563,681

Net accretion on convertible redeemable preferred shares to redemption value

—

31,684

—

14,606

—

31,438

—

76,076

—

136,739

—

290,543

Deemed contribution to ordinary shareholders due to modifications and extinguishment on convertible redeemable preferred shares

—

(30,405

)

—

(12,730

)

—

(58,026

)

—

(90,632

)

15,672,203

(480,377

)

15,672,203

(672,170

)

Deemed dividend to convertible redeemable preferred share shareholders due to modifications and

re-designation

—

(8,583

)

—

(5,041

)

—

(8,659

)

—

(203

)

—

28,426

—

5,940

Conversion of convertible redeemable preferred shares to Class A ordinary shares upon the consummation of IP

O

(15,040,570

)

(400,835

)

(7,085,330

)

(196,353

)

(23,786,590

)

(458,541

)

(37,152,161

)

(1,044,675

)

(42,089,521

)

(1,087,590

)

(125,154,172

)

(3,187,994

)

Balance as of December 31, 2024

—