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INVENTORIES
12 Months Ended
Dec. 31, 2022
INVENTORIES  
INVENTORIES

5.

INVENTORIES

As of December 31, 

    

2021

    

2022

Products

 

1,121,107

 

1,498,900

In 2021 and 2022, inventories were written down by RMB 45,976 and RMB 28,498, respectively, to reflect the lower of cost and net realizable value.