16.
OPERATING LEASE
The
Group has operating leases primarily for office and operation space. The Group’s operating lease arrangements have remaining terms
of one year to four years with no variable lease costs.
Operating
lease costs were RMB 3,601 and RMB 2,223 for the years ended December 31, 2024 and 2025.
Supplemental
cash flow information related to leases were as follows:
SCHEDULE OF OPERATING LEASES SUPPLEMENTAL CASH FLOW INFORMATION
| | |
Year
Ended December
31, 2024 | | |
Year
Ended December
31, 2025 | |
| | |
RMB | | |
RMB | |
| | |
| | |
| |
| Cash paid for amounts included
in the measurement of lease liabilities | |
| 4,435 | | |
| 728 | |
| Right-of-use assets obtained in exchange
for operating lease liabilities | |
| 842 | | |
| 1,217 | |
Supplemental
consolidated balance sheet information related to leases were as follows:
SCHEDULE OF OPERATING LEASES SUPPLEMENTAL BALANCE SHEET INFORMATION
| | |
| | |
| |
| | |
As
of December 31, | |
| | |
2024 | | |
2025 | |
| | |
RMB | | |
RMB | |
| | |
| | |
| |
| Right-of-use
assets | |
| 13,809 | | |
| 3,392 | |
| | |
| | | |
| | |
| Operating lease liabilities - current | |
| 3,845 | | |
| 1,498 | |
| Operating lease liabilities
- non-current | |
| 7,808 | | |
| 1,606 | |
| Total
lease liabilities | |
| 11,653 | | |
| 3,104 | |
| | |
| | | |
| | |
| Weighted average remaining lease term | |
| 3.44 | | |
| 3.22 | |
| Weighted average discount rate | |
| 4.75 | % | |
| 4.75 | % |
Maturities
of lease liabilities are as follows:
SCHEDULE OF MATURITIES OF LEASE LIABILITIES
| | |
As
of December 31, 2025 | |
| | |
RMB | |
| | |
| | |
| 2026 | |
| 1,616 | |
| 2027 | |
| 1,167 | |
| 2028 | |
| 266 | |
| 2029 | |
| 266 | |
| Total operating lease payments | |
| 3,315 | |
| Less: imputed interest | |
| (211 | ) |
| Total operating lease | |
| 3,104 | |
YUNJI
INC.
NOTES
TO THE CONSOLIDATED FINANCIAL STATEMENTS
(All
amounts in thousands, except for share and per share data, unless otherwise noted)
|