Property and Equipment, net

12 Months Ended

Dec. 31, 2021

Property and Equipment, net

Property and Equipment, net

7. Property and Equipment, net

Property and equipment, net consists of the following:

	December 31,	December 31,
	2020	2021
	RMB’000	RMB’000
Electronic equipment and computers	16,502	17,532
Office furniture and equipment	2,398	2,725
Leasehold improvement	4,645	4,971
Total	23,545	25,228
Less: accumulated depreciation	(11,617)	(14,082)
Less: impairment	(7,987)	(7,987)
Property and equipment, net	3,941	3,159

Depreciation expenses were RMB 4.20 million, RMB 5.55 million and RMB 2.56 million for the years ended December 31, 2019, 2020 and 2021, respectively.