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BORROWINGS - Long-term bank borrowings (Details) - CNY (¥)
¥ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
BORROWINGS    
Outstanding borrowings ¥ 20,879,140 ¥ 16,468,489
Current portion according to the repayment schedule 6,526,268 2,426,643
Long-term portion ¥ 14,352,872 ¥ 14,041,846
Weighted average interest rates 2.77% 2.68%
2-year    
BORROWINGS    
Borrowing Term 2 years 2 years
Outstanding borrowings ¥ 4,721,042 ¥ 3,082,350
Current portion according to the repayment schedule 2,610,720 732,246
Long-term portion ¥ 2,110,322 ¥ 2,350,104
Weighted average interest rates 2.76% 2.27%
3-year    
BORROWINGS    
Borrowing Term 3 years 3 years
Outstanding borrowings ¥ 9,304,920 ¥ 7,164,390
Current portion according to the repayment schedule 2,458,520 889,640
Long-term portion ¥ 6,846,400 ¥ 6,274,750
Weighted average interest rates 2.90% 2.72%
4-year    
BORROWINGS    
Borrowing Term 4 years 4 years
Outstanding borrowings ¥ 1,218,325 ¥ 244,300
Current portion according to the repayment schedule 381,450 87,475
Long-term portion ¥ 836,875 ¥ 156,825
Weighted average interest rates 3.29% 2.25%
5-year    
BORROWINGS    
Borrowing Term 5 years 5 years
Outstanding borrowings ¥ 1,213,832 ¥ 1,587,901
Current portion according to the repayment schedule 367,369 376,612
Long-term portion ¥ 846,463 ¥ 1,211,289
Weighted average interest rates 2.94% 2.53%
6-year    
BORROWINGS    
Borrowing Term 6 years 6 years
Outstanding borrowings ¥ 893,490 ¥ 799,489
Current portion according to the repayment schedule 220,891 87,039
Long-term portion ¥ 672,599 ¥ 712,450
Weighted average interest rates 2.55% 2.83%
7-year    
BORROWINGS    
Borrowing Term 7 years 7 years
Outstanding borrowings ¥ 2,312,412 ¥ 2,522,591
Current portion according to the repayment schedule 432,748 210,171
Long-term portion ¥ 1,879,664 ¥ 2,312,420
Weighted average interest rates 2.79% 2.93%
8-year    
BORROWINGS    
Borrowing Term 8 years 8 years
Outstanding borrowings ¥ 641,786 ¥ 669,690
Current portion according to the repayment schedule 27,903 27,904
Long-term portion ¥ 613,883 ¥ 641,786
Weighted average interest rates 3.00% 3.31%
9-year    
BORROWINGS    
Borrowing Term 9 years 9 years
Outstanding borrowings ¥ 382,222 ¥ 200,000
Current portion according to the repayment schedule 17,778 8,889
Long-term portion ¥ 364,444 ¥ 191,111
Weighted average interest rates 3.26% 3.19%
10-year    
BORROWINGS    
Borrowing Term 10 years 10 years
Outstanding borrowings ¥ 191,111 ¥ 197,778
Current portion according to the repayment schedule 8,889 6,667
Long-term portion ¥ 182,222 ¥ 191,111
Weighted average interest rates 3.05% 3.04%