CAPITAL MANAGEMENT (Tables)

12 Months Ended

Dec. 31, 2022

Capital Management

SCHEDULE OF CAPITAL STRUCTURE

	As of December 31,
	2022			2021
	RMB’000			RMB’000
Interest-bearing bank borrowings		—			—
Note payable		8,775			—
Amounts owed to related parties		1,291			36,348
Total debts		10,066			36,348
Less: Cash and cash equivalents (excluding restricted bank balances)		(3,936	)		(27,880	)
Net debts		6,130			8,548
Equity attributable to shareholders of the Company		1,047			61,943
Gearing ratio		585	%		13.8	%