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OTHER ASSETS - THIRD PARTIES
12 Months Ended
Dec. 31, 2024
OTHER ASSETS - THIRD PARTIES  
OTHER ASSETS - THIRD PARTIES

18.    OTHER ASSETS – THIRD PARTIES

Other assets are consisted of the follows (RMB in thousands):

    

As of December 31, 

    

2023

    

2024

    

RMB

    

RMB

Long-term receivables related to disposal of a subsidiary (Note 8)

919,392

Prepayments for purchase of property, plant and equipment

 

2,541,329

845,201

Prepayment for warranty insurance premium

 

106,652

99,611

Deposit for rent and others

61,355

53,927

Prepayment of income tax attributable to intercompany transactions

 

14,142

7,069

Refund receivable of U.S. countervailing duties and anti-dumping duties

12,767

13,563

Less: Allowance for credit losses

 

(914)

(788)

Total

 

2,735,331

1,937,975

The following table summarizes the activity in the allowance for credit losses related to deposits for the year ended December 31, 2022, 2023 and 2024(RMB in thousands):

    

As of December 31,

    

2022

    

2023

    

2024

    

RMB

RMB

RMB

At beginning of year

 

3,064

1,855

914

Reversal

 

(1,209)

(941)

(126)

At end of year

 

1,855

914

788