Future minimum payments under non-cancelable agreements for property management fees consist of the following as of December 31, 2024:


Commitments for property management fees	RMB		US$
2025		5,987		820
2026		5,619		770
2027		4,810		659
2028		4,613		632
2029 and thereafter		17,941		2,458
		38,970		5,339

Commitments for Licensed Copyrights and Produced Content

Future minimum payments under non-cancelable agreements for licensed copyrights and produced content consist of the following as of December 31, 2024:


Commitments for Licensed Copyrights and Produced Content	RMB		US$
2025		9,275,101		1,270,684
2026		4,899,775		671,266
2027		2,256,150		309,091
2028		1,355,071		185,644
2029 and thereafter		497,584		68,169
		18,283,681		2,504,854

Future minimum payments under non-cancelable agreements for the purchase of fixed assets consist of the following as of December 31, 2024:


Capital commitment	RMB		US$
2025		23,695		3,246
2026		19,330		2,648
2027		18,520		2,537
2028		17,590		2,410
2029 and thereafter		15,203		2,083
		94,338		12,924

The Group is involved in a number of claims pending in various courts, in arbitration, or otherwise unresolved as of December 31, 2024. These claims are substantially related to alleged copyright infringement as well as routine and incidental matters to its business, with certain restricted deposits used as security against certain lawsuits, among others. Adverse results in these claims may include awards of damages and may also result in, or even compel, a change in the Group’s business practices, which could impact the Group’s future financial results. The Group has accrued RMB38,605 and RMB14,529 (US$1,990) in “Accrued expenses” in the consolidated balance sheets as of December 31, 2023 and 2024.

Starting in April 2020, the Group and certain of its current and former officers and directors were named as defendants in several putative securities class actions filed in federal court, which were purportedly brought on behalf of a class of persons who allegedly suffered damages as a result of alleged misstatements and omissions in the Group’s public disclosure documents. In May 2021, these actions were consolidated under one case. In June 2021, lead plaintiffs filed the operative amended complaint. In July 2021, defendants filed motion to dismiss the case. Briefing on the motion to dismiss was completed on September 29, 2021. However, in light of the common questions of law and fact at issue in this case and a related action against Baidu, the Court terminated the motion to dismiss without prejudice and ordered a motion-to-dismiss briefing for the two cases under a new coordinated briefing schedule. In September 2024, the court granted defendant's motion to dismiss in its entirety with prejudice, and the case was closed. As a result, as of December 31, 2024, the Group did not record any liabilities for the loss contingencies pertaining to the cases described above.

The Group is unable to estimate the reasonably possible loss or a range of reasonably possible losses for proceedings in the early stages or where there is a lack of clear or consistent interpretation of laws specific to the industry-specific complaints among different jurisdictions. Although the results of unsettled litigations and claims cannot be predicted with certainty, the Group does not believe that, as of December 31, 2024, there was at least a reasonable possibility that the Group may have incurred a material loss, or a material loss in excess of the accrued expenses, with respect to such loss contingencies. The losses accrued include judgments made by the court and out-of-court settlements after December 31, 2024, but related to cases arising on or before December 31, 2024. The Group is in the process of appealing certain judgments for which losses have been accrued.