CAPITAL MANAGEMENT (Tables)

12 Months Ended

Dec. 31, 2023

Capital Management

SCHEDULE OF CAPITAL STRUCTURE

	As of December 31,
	2023			2022
	RMB’000			RMB’000
Interest-bearing bank borrowings		-			-
Note payable		14,991			8,775
Amounts owed to related parties		553			1,291
Total debts		15,544			10,066
Less: Cash and cash equivalents (excluding restricted bank balances)		(3,808	)		(3,936	)
Net debts		11,736			6,130
Equity attributable to shareholders of the Company		96,942			1,047
Gearing ratio		12	%		585	%