Sales and marketing expenses declined 13.2% to RMB 145.9 million, primarily driven by lower employee benefits and travel expenses.
Nov 20, 2025 / CFO / receipt, needs a key / Max Lai, CFO | earnings call 2025-11-20 | transcript 093bbd88-f82b-480a-a346-3c415914065f | chars 16469-16599 | segment 16
Sales and marketing expenses declined by 5.3% to RMB 149.3 million, primarily driven by lower employee benefits and travel expenses.
Aug 22, 2025 / CFO / receipt, needs a key / Max Lai, CFO | earnings call 2025-08-22 | transcript 91b952d8-2f63-496e-a628-e33581ecdc06 | chars 20003-20135 | segment 20
Sales and marketing expenses in the third quarter of 2024 were RMB 168.2 million, a decrease of 7.7% from RMB 182.3 million in the prior year period. The decrease was primarily attributable to lower marketing and promotion expenses and travel expenses.
Nov 22, 2024 / CFO / receipt, needs a key / Max Lai, CFO | earnings call 2024-11-22 | transcript 3230d6a0-8e0f-4168-9601-6fa92bcd6635 | chars 21461-21713 | segment 22
Sales and marketing expenses in the second quarter of 2024 were RMB 157.7 million, a decrease of 6.5% from RMB 168.6 million in the prior year period. The decrease was mainly attributable to lower travel expenses and employee benefits costs.
Aug 22, 2024 / CFO / receipt, needs a key / Max Lai, CFO | earnings call 2024-08-22 | transcript 6774a1e5-9e96-4729-9048-786e9f8f4365 | chars 15858-16099 | segment 15
The decrease was primarily attributable to the decrease in the employee benefits cost and travel expenses.
May 21, 2024 / CFO / receipt, needs a key / Max Lai, CFO | earnings call 2024-05-21 | transcript c3b9e0e1-93c0-4d17-9d7c-c862e227ee3f | chars 14488-14594 | segment 14
Sales and marketing expenses for the fourth quarter were RMB 170 million, an increase of 3.2% from RMB 164.7 million in the prior year period. The increase was primarily attributable to the increased travel as well as marketing and promotion expenses. as business travels and marketing and promotion activities resumed after COVID-19 restrictions were lifted.
Mar 19, 2024 / CFO / receipt, needs a key / Max Lai, CFO | earnings call 2024-03-19 | transcript d09e809d-c8c9-4b3a-a41f-f192f0160d18 | chars 17958-18317 | segment 17