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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2025
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of assumptions used to estimate the fair values of the share options granted

​

​

​

​

​

  ​ ​ ​

2021

Risk-free rate of return

 

0.84%

Contractual life of option

 

10 years

Expected term

​

6.25 years

Estimated volatility rate

 

39%

Dividend yield

 

—

Fair value per ordinary share

 

US$3.08

Schedule of restricted share unit activities and shares

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​

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​

​

​

​

  ​ ​ ​

Number of 

  ​ ​ ​

Weighted

​

​

Restricted 

​

 Average Grant Date

​

​

Share Units

​

Fair Value

​

​

​

 

US$

Restricted share units outstanding at December 31, 2024

​

3,971,386

 

1.08

Granted

​

426,324

​

0.32

Forfeited

​

(1,073,423)

​

1.19

Vested

​

(2,489,958)

​

0.99

Restricted share units outstanding at December 31, 2025

​

834,329

​

0.83

Schedule of share based compensation expense

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​

​

​

​

​

​

​

​

​

Years Ended December 31, 

​

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

2025

​

 

RMB

 

RMB

 

RMB

General and administrative expenses

​

113,536

​

9,230

​

4,935

Selling and marketing expenses

 

76,976

 

6,899

 

4,041

Technology expenses

 

35,658

 

4,020

 

1,071

Total

 

226,170

 

20,149

 

10,047

​

Employee Stock Option  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of employee option activity under the Plan

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  ​ ​ ​

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  ​ ​ ​

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  ​ ​ ​

Weighted

  ​ ​ ​

​

​

​

​

​

Weighted

​

average

​

​

​

​

​

​

average

​

remaining

​

Aggregate

​

​

Number of

​

exercise

​

contractual

​

intrinsic

​

  ​ ​ ​

Options

  ​ ​ ​

price

  ​ ​ ​

term

  ​ ​ ​

value

​

​

​

​

US$

​

Years

​

US$

Outstanding at December 31, 2024

​

1,996,947

​

0.01

​

3.18

​

599

Granted

​

—

​

—

​

—

​

—

Forfeited

​

—

​

—

​

—

​

—

Expired

​

(18)

​

—

​

—

​

—

Exercised

​

(319,060)

​

0.01

​

—

​

—

​

​

​

​

​

​

​

​

​

Outstanding at December 31, 2025

 

1,677,869

 

0.01

 

2.02

 

198

​

​

​

​

​

​

​

​

​

Vested and exercisable as of December 31, 2025

 

1,677,869

​

0.01

​

2.02

​

198

Vested or expected to vest as of December 31, 2025

 

1,677,869

​

0.01

​

2.02

​

198