RELATED PARTY BALANCES AND TRANSACTIONS (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| RELATED PARTY BALANCES AND TRANSACTIONS |
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| Schedule of major related parties and their relationships with the Group |
The table below sets forth the major related parties and their relationships with the Group, with which the Group entered into transactions during the years ended December 31, 2023, 2024 and 2025: Name of related parties | | Relationship with the group | Beijing Qihu Technology Co., Ltd. (“Qihu”) | | An affiliate of an entity controlled by Mr. Zhou(3) | Shanghai Qibutianxia Information Technology Co., Ltd. (“Qibutianxia”) | | Entity ultimately controlled by Mr. Zhou(3) | Hangzhou Qifei Huachuang Technology Co, Ltd (“Hangzhou Qifei”) (2) | | Investee of the Group | Kincheng Bank of Tianjin Co., Ltd. (“Kincheng Bank”) | | An affiliate of an entity controlled by Mr. Zhou(3) | Tianjin Yujie Technology Co., Ltd. (“Yujie”) (1) | | Entity controlled by Mr. Zhou(3) | Beijing 360 Shuzhi Technology Co., Ltd. (formerly known as Beijing Hongying Information Technology Co., Ltd.) (“Shuzhi”) | | An affiliate of an entity controlled by Mr. Zhou(3) | Beijing 360 Zhiling Technology Co., Ltd. (“Zhiling”) | | An affiliate of an entity controlled by Mr. Zhou(3) | Others | | Entities controlled by Mr. Zhou or Mr. Zhou has significant influence(3) |
| (1) | In September 2023, the Company acquired 100% equity interest in Yujie, and Yujie became a consolidated subsidiary of the Company. |
| (2) | In February 2024, the Company sold the entirety of our equity interest in Hangzhou Qifei to an independent third party. |
| (3) | In December 2025, Mr. Zhou ceased to be deemed to beneficially own over 10% of the shares of the Company and thus entities associated with him are no longer related parties of the Company. |
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| Schedule of transactions with related parties |
| | | | | | | | | Year ended | | Year ended | | Year ended | | | December 31, | | December 31, | | December 31, | | | 2023 | | 2024 | | 2025 | | | RMB | | RMB | | RMB | Brand fees charged by Qihu | | 94,340 | | 94,340 | | 94,340 | Bandwidth service fee charged by Zhiling | | — | | — | | 91,657 | Referral service fee charged by Kincheng Bank | | — | | — | | 52,239 | Bandwidth service fee charged by Qihu | | 117,983 | | 115,134 | | 30,396 | Referral service fee charged by Qihu | | 9,550 | | 9,446 | | 9,441 | Rental expenses charged by Shuzhi | | 11,815 | | 11,613 | | 11,018 | Referral service fee charged by Yujie | | 119,737 | | — | | — | Others | | 2,661 | | 2,874 | | 3,160 | Total | | 356,086 | | 233,407 | | 292,251 |
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| Schedule of services provided to the related parties |
| | | | | | | | | Year ended | | Year ended | | Year ended | | | December 31, | | December 31, | | December 31, | | | 2023 | | 2024 | | 2025 | | | RMB | | RMB | | RMB | Referral service fee charged from Kincheng Bank | | 8,601 | | 1,973 | | — | Loan facilitation services fee charged from Kincheng Bank | | 65,903 | | 1,074 | | 376 | Post-facilitation services fee charged from Kincheng Bank | | 139,213 | | 25,042 | | 4,127 | Revenue from releasing of guarantee liabilities from Kincheng Bank | | 42,499 | | 15,544 | | 1,013 | Others | | 45,552 | | 17,915 | | 266 | Total | | 301,768 | | 61,548 | | 5,782 |
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| Schedule of amounts due from related parties |
| | | | | | | December 31, | | December 31, | | | 2024 | | 2025 | | | RMB | | RMB | Kincheng Bank | | 6,268 | | — | Others | | 2,293 | | — | Total | | 8,561 | | — |
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| Schedule of amounts due to related parties |
| | | | | | | December 31, | | December 31, | | | 2024 | | 2025 | | | RMB | | RMB | Qibutianxia | | 1,656 | | — | Qihu | | 58,405 | | — | Others | | 7,434 | | — | Total | | 67,495 | | — |
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