v3.26.1
ACCOUNTS RECEIVABLE, NET
12 Months Ended
Dec. 31, 2025
ACCOUNTS RECEIVABLE, NET  
ACCOUNTS RECEIVABLE, NET

5. ACCOUNTS RECEIVABLE, NET

As of December 31, 

2024

2025

2025

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

US$

(in thousands)

Accounts receivable

 

57,599

47,625

6,810

Allowance for credit losses

 

(5,569)

(555)

(79)

Accounts receivable, net

 

52,030

47,070

6,731

The movements in the allowance for credit losses were as follows:

For the year ended December 31, 

2023

2024

2025

2025

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

US$

(in thousands)

Balance at beginning of the year

 

5,407

5,926

5,569

796

Provisions/(reversals)

 

519

(357)

(199)

(28)

Write-off of uncollectible receivables

(4,815)

(689)

Balance at end of the year

 

5,926

5,569

555

 

79