TRADE RECEIVABLES (Tables)

12 Months Ended

Dec. 31, 2022

Trade Receivables

SCHEDULE OF INFORMATION ABOUT TRADE RECEIVABLES

	As of December 31,
	2022		2021
	RMB’000		RMB’000
Trade receivables		—		822,747
Less: provision for bad debt allowance		—		(771,331	)
		—		51,416

SCHEDULE OF AGING ANALYSIS OF THE COMPANY'S TRADE RECEIVABLES, BASED ON THE INVOICE DATE

All of the trade receivables are expected to be recovered within one year. An aging analysis of the Company’s trade receivables, based on the invoice date, is as follows:

	As of December 31,
	2022		2021
	RMB’000		RMB’000
Within 90 days		—		81
Between 3 and 6 months		—		—
More than 6 months		—		51,335
		—		51,416

SCHEDULE OF AGING ANALYSIS OF TRADE RECEIVABLES THAT WERE NEITHER PAST DUE NOR IMPAIRED OR PAST DUE BUT NOT IMPAIRED

An aging analysis of trade receivables that were neither past due nor impaired or past due but not impaired, is as follows:

Past due but not impaired

Neither past due nor

Less than

31 to 120

Over 120

impaired

30 days

days

days

Sub-total

Total

RMB’000

RMB’000

RMB’000

RMB’000

RMB’000

RMB’000

December 31, 2021

81

—

—

51,335

—

51,416

December 31, 2022

—

—

—

—

—

—