Property and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Summary of Property and Equipment Consisted

Property and equipment consisted of the following:

	As of December 31,
	2022			2023
	RMB			RMB
Buildings(1)		865,447			865,447
Leasehold and buildings improvement		69,706			71,526
Electronic and office equipment		38,473			37,428
Total cost		973,626			974,401
Less: Accumulated depreciation		(159,843	)		(187,731	)
Property and equipment, net		813,783			786,670

(1)In 2017, the Group purchased two buildings in Wuhan (Building A and B) and one building in Guangzhou (Building C) with a total consideration of RMB480,271. In 2018, the Group purchased one building in Wuhan (Building D) and the cost of Building D was RMB385,176. To purchase these buildings, the Group obtained mortgage loans with the total amount of RMB321,540 from PRC banks in 2018 and 2021 (Note 12).