CASH AND CASH EQUIVALENTS

6 Months Ended

Jun. 30, 2024

Notes and other explanatory information [abstract]

CASH AND CASH EQUIVALENTS

12. CASH AND CASH EQUIVALENTS

Cash and cash equivalents are set out below as of December 31, 2023 and June 30, 2024:

	December 31,		June 30,
	2023		2024		2024
	CNY		CNY		US$
	(Audited)		(Unaudited)		(Unaudited)
Cash and cash equivalents
- Cash on hand		2		1		1
- Cash at bank		4,751		8,778		1,207
Total		4,753		8,779		1,208

The carrying amounts of the Group’s cash and cash equivalents are denominated in the following currencies:

	December 31,		June 30,
	2023		2024		2024
	CNY		CNY		US$
	(Audited)		(Unaudited)		(Unaudited)
CNY		3,673		1,781		245
US$		762		6,609		909
HK$		318		389		54
Total		4,753		8,779		1,208

Cash at banks earns interest at floating rates based on daily bank deposit rates. The bank balances and time deposits are deposited with creditworthy banks with no recent history of default.