LOSS BEFORE TAXATION (Tables)

12 Months Ended

Dec. 31, 2023

Notes and other explanatory information [abstract]

SCHEDULE OF LOSS BEFORE TAXATION

The Company’s loss before taxation is arrived at after charging:

	For the years ended December 31,
	2023		2022		2021
	RMB’000		RMB’000		RMB’000
Cost of inventories recognized as expense(1)		7,557		41,245		148,929
Depreciation expenses		361		266		96
Amortization of land use rights		-		-		-
Right-of-use asset amortization charge		4,267		13,285		14,067
Auditors’ remuneration
- Audit fees		2,070		2,003		1,898
- Audit-related fees		-		-		-
		2,070		2,003		1,898
Directors’ remuneration
- salaries and related cost		425		1,619		1,656
- retirement scheme contribution		19		13		16
- share-based payments		7,037		-		-
Key management personnel (other than directors)
- salaries and related cost		1,360		712		639
- retirement scheme contribution		125		16		23
- share-based payments		6,070		2,050		1,835
Research and development personnel
- salaries and related cost		422		439		644
- retirement scheme contribution		-		81		111
Other personnel
- salaries and related cost		5,246		6,093		7,493
- retirement scheme contribution		610		1,262		1,318
Total employee benefit expenses		21,314		12,285		13,735

(1) Cost of inventories recognized as expense for discontinued operation included staff costs of RMB 159,000, RMB 2,539,000 and RMB 4,065,000, retirement scheme contributions of RMB 32,000, RMB 556,108 and RMB 756,704, depreciation and amortization expense of RMB nil, RMB nil and RMB nil, right-of-use asset depreciation/operating lease charges of RMB 4,267,000, RMB 12,801,485 and RMB 12,801,485, and (reversal of ) / write-down of inventories of RMB nil, RMB (4,045,000) and RMB (99,237,173) for the years ended December 31, 2023, 2022, and 2021, which amounts are also included in the respective total amounts disclosed separately for each of these types of expenses.