v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
SCHEDULE OF FAIR VALUE MEASUREMENT OF GROUP ASSETS AND LIABILITIES

As of December 31, 2024 and 2025, information about inputs into the fair value measurement of the Group’s assets and liabilities that are measured or disclosed at fair value on a recurring basis in periods subsequent to their initial recognition is as follows:

 

       Fair value measurement at reporting date using 
Description  Fair value
as of
 December 31,
2024		   Quoted Prices in Active
Markets for Identical
Assets
(Level 1)		   Significant Other
Observable Inputs
(Level 2)		   Significant
Unobservable
Inputs
(Level 3)		 
   RMB   RMB   RMB   RMB 
Assets:                    
Long-term investments                    
Equity securities with readily determinable fair value   46,576    46,576    -    - 
Equity securities accounted for under measurement alternative   218,407    -    218,407    - 
Total assets   264,983    46,576    218,407    - 

 

       Fair value measurement at reporting date using 
Description  Fair value
as of
December 31,
2025		   Quoted Prices in Active
Markets for Identical
Assets
(Level 1)		   Significant Other
Observable Inputs
(Level 2)		   Significant
Unobservable
Inputs
(Level 3)		 
   RMB   RMB   RMB   RMB 
Assets:                    
Short-term investments                    
Time deposits   43,294    -    43,294    - 
Equity securities with readily determinable fair value   40,480    40,480    -    - 
Long-term investments                    
Equity securities with readily determinable fair value   6,263    6,263    -    - 
Equity securities accounted for under measurement alternative   209,114    -    209,114    - 
Total assets   299,151    46,743    252,408    -