Borrowings |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Borrowings [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Borrowings |
As of December 31, 2025, the interest rates of current borrowings, repayable within one year or on demand, ranged from 3.0% to 6.5% (2024: 4.2% to 6.2%) per annum.
As of December 31, 2025, the interest rate of non-current borrowings was 3% (2024: 3%) per annum.
The Group’s borrowings were primarily denominated in RMB.
During the year ended December 31, 2025, the Group obtained new borrowing facilities amounting to RMB416.0 million (2024: RMB125.0 million). The Group’s borrowings were mostly repayable in July 2026, partially in January and and 2027, some of which were guaranteed by subsidiaries of Newlink. |
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