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Cash and cash equivalents
12 Months Ended
Dec. 31, 2023
Cash and cash equivalents  
Cash and cash equivalents

3.Cash and cash equivalents

Cash and cash equivalents represent cash at bank and demand deposits placed with banks which have original maturities of three months or less and are readily convertible to known amount of cash. The balance of cash and cash equivalents as of December 31, 2022 and 2023 primarily consist of the following:

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As of December 31, 

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2022 (As adjusted)

    

2023

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RMB

 

RMB

Short‑term bank deposits with initial terms within three months

 

52,767

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155,819

Cash at bank

 

1,215,745

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2,234,479

Cash and cash equivalents

 

1,268,512

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2,390,298

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