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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED)
¥ in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2024
CNY (¥)
Jun. 30, 2023
CNY (¥)
Statement of cash flows [abstract]      
OPERATING ACTIVITIES $ (1,630) ¥ (11,846) ¥ 3,047
INVESTING ACTIVITIES      
Purchase of property, plant and equipment (1) (4) (6)
Expenditures on mine development (1,042)
Net cash flows used in investing activities (1) (4) (1,048)
FINANCING ACTIVITIES      
Proceeds from issuance of shares 2,811 20,429
Repayments of bank loans (1,500)
Advances from related companies 8 60 2,440
Repayments to the Shareholder (640) (4,653)
Payment of principal portion of lease liabilities (583)
Payment of interest expenses of lease liabilities (81)
Interest paid (1,878)
Net cash flows used in financing activities 2,179 15,836 (1,602)
NET INCREASE IN CASH AND CASH EQUIVALENTS 548 3,986 397
NET FOREIGN EXCHANGE DIFFERENCE 6 40 117
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 654 4,753 31,695
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 1,208 ¥ 8,779 ¥ 32,209