| SCHEDULE OF OTHER PAYABLE AND ACCRUED LIABILITIES |
SCHEDULE OF OTHER PAYABLE AND ACCRUED LIABILITIES
| | |
| | |
| |
| | |
As
of December 31, | |
| | |
2024 | | |
2025 | |
| | |
RMB | | |
RMB | |
| | |
| | |
| |
| Taxes payable | |
| 18,790 | | |
| 19,362 | |
| Supplier deposits (2) | |
| 19,597 | | |
| 17,867 | |
| Merchants deposits (1) | |
| 25,511 | | |
| 17,072 | |
| Construction cost payable (Note 8) (3) | |
| 17,421 | | |
| 14,302 | |
| Accrued marketing and other operational
expenses | |
| 9,913 | | |
| 12,056 | |
| Salaries and welfare payable | |
| 26,428 | | |
| 8,442 | |
| Accrued professional fees | |
| 5,245 | | |
| 4,967 | |
| Others | |
| 3,272 | | |
| 2,008 | |
| Total other payable
and accrued liabilities | |
| 126,177 | | |
| 96,076 | |
| (1) | The
deposit obtained from the merchants is to ensure implementation of Yunji App’s platform
policy and good product quality to be sold by the merchants on Yunji App under the Group’s
marketplace business model. The deposit can be withdrawn immediately after the merchants
terminate its online shop on Yunji App. |
| (2) | The
deposit obtained from the suppliers is to ensure inventory level ready for the Group to purchase
and good product quality under the Group’s sales of merchandise business model. |
| | |
| (3) |
The Group had RMB 33,669 payable obligation related to the new office building on the Hangzhou Land Parcel which consist of RMB 14,302 in other payable and accrued liabilities and RMB 19,367 in other non-current liabilities, respectively, as of December 31, 2025. |
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