v3.26.1
LONG-TERM INVESTMENTS
12 Months Ended
Dec. 31, 2025
LONG-TERM INVESTMENTS.  
LONG-TERM INVESTMENTS

11.

LONG-TERM INVESTMENTS

  ​ ​ ​

As of December 31, 

2024

2025

  ​ ​ ​

RMB

  ​ ​ ​

RMB

Investments in equity securities without readily determinable fair value

30,000

30,000

Investments in equity method investee

 

1,798

 

Time deposit

2,751,670

Total

 

31,798

 

2,781,670