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RESERVES (Tables)
12 Months Ended
Dec. 31, 2020
RESERVES [abstract]  
Schedule of appropriations to reserves

2018

 

2018

 

2019

2019

2020

2020

Percentage

 

RMB’000

 

Percentage

RMB’000

Percentage

RMB’000

 

 

 

 

Statutory surplus reserve

10%

 

83,612

 

10%

 

78,264

-

 

-

Schedule of movements of special reserve - safety production fund

2018

 

2019

2020

RMB’000

 

RMB’000

RMB’000

 

 

 

 

Beginning of the year

-

 

-

-

Appropriation for retained earnings

242, 456

 

264,871

281,277

Utilization

(242,456)

 

(264,871)

(281,277)

End of the year

-

 

-

-