SEGMENT INFORMATION (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2024

Dec. 31, 2023

Segment Information

Schedule of segment results

	Exploration and mining			Corporate activities			Total
		CNY			CNY			CNY
Other items
Depreciation of property, plant and equipment		(2	)		(1	)		(3	)
Depreciation of right of use assets		—			(354	)		(354	)
Other income		500			—			500
Fair value loss on financial instruments		—			(86	)		(86	)
Finance costs		(1	)		(43	)		(44	)
Finance income		—			3			3
Loss for the period from continuing operations		(73	)		(4,433	)		(4,506	)

For the six months ended June 30, 2024, the segment results were as follows:

	Exploration and mining			Corporate activities			Total
		CNY			CNY			CNY
Other items
Depreciation of property, plant and equipment		(2	)		—			(2	)
Depreciation of right of use assets		—			(356	)		(356	)
Fair value gain on financial instruments		—			3,862			3,862
Finance costs		(1	)		(29	)		(30	)
Finance income		2			40			42
Loss for the period from continuing operations		(548	)		426			(122	)

	Exploration and mining			Corporate activities			Total
		US$			US$			US$
Other items
Depreciation of property, plant and equipment		—			—			—
Depreciation of right of use assets		—			(49	)		(49	)
Fair value loss on financial instruments		—			531			531
Finance costs		—			(4	)		(4	)
Finance income		—			6			6
Loss for the period from continuing operations		(75	)		58			(17	)

The reconciliation of segment assets to total assets is as follows:

	December 31,		June 30,
	2023		2024		2024
	CNY		CNY		US$
Segment assets:
Exploration and mining		252,133		258,295		35,542
Corporate activities		1,674		5,864		807
Total assets		253,807		264,159		36,349

The reconciliation of segment liabilities to total liabilities is as follows:

	December 31,		June 30,
	2023		2024		2024
	CNY		CNY		US$
Segment liabilities:
Exploration and mining		159,285		154,240		21,224
Corporate activities		18,527		13,598		1,871
Total liabilities		177,812		167,838		23,095

	CNY
	Exploration and mining			Corporate activities			Total
Depreciation and amortization		(4	)		(692	)		(696	)
Interest income		1			4			5
Finance costs		(1	)		(47	)		(48	)
Fair value gain on financial instruments, net		—			847			847
Profit/(loss) before income tax		1,263			(9,600	)		(8,337	)
Other income*		3,742	*		—			3,742
Profit/(loss) for the year from continuing operations		1,263			(9,600	)		(8,337	)
Total assets		252,133			1,674			253,807
Total liabilities		159,285			18,527			177,812

*In 2023, the Company received RMB3,742 from government of Dengkou County, Inner Mongolia Autonomous Region as reimbursement payments for discontinuing the exploration and development activities in certain nature reserve areas. The amount is recognized in other income as the expenditure on the exploration and development have been fully expensed before 2023.

	US$
	Exploration and mining		Corporate activities			Total
Depreciation and amortization		—		(99	)		(99	)
Interest income		—		1			1
Finance costs		—		(7	)		(7	)
Fair value gain on financial instruments, net		—		120			120
Profit/(loss) before income tax		178		(1,355	)		(1,177	)
Other income		529		—			529
Profit/(loss) for the year from continuing operations		178		(1,355	)		(1,177	)
Total assets		35,619		236			35,855
Total liabilities		22,502		2,616			25,118

As of and for the year ended December 31, 2022, the segment results were as follows:

	CNY
	Exploration and mining			Corporate activities			Total
Depreciation and amortization		(28	)		(701	)		(729	)
Interest income		—			13			13
Finance costs		(1	)		192			191
Fair value gain on financial instruments, net		—			1,007			1,007
Loss before income tax		(39	)		(23,299	)		(23,338	)
Other income		698			1			699
Loss for the year from continuing operations		(39	)		(23,299	)		(23,338	)
Total assets		36,015			213,891			249,906
Total liabilities		38,306			59,296			97,602

As of and for the year ended December 31, 2021, the segment results were as follows:

	CNY
	Exploration and mining			Corporate activities			Total
Depreciation and amortization		(64	)		(717	)		(781	)
Interest income		1			12			13
Finance costs		(1	)		(165	)		(166	)
Fair value loss on financial instruments, net		—			(38,349	)		(38,349	)
Loss before income tax		(161	)		(48,818	)		(48,979	)
Other income/(losses)		600			(1	)		599
Income tax benefit		—			5,095			5,095
Loss for the year from continuing operations		(161	)		(43,723	)		(43,884	)
Total assets		39,018			179,024			218,042
Total liabilities		41,251			60,417			101,668

The reconciliation of segment assets to total assets is as follows:

	2022			2023		2023
		CNY			CNY		US$
Segment assets		249,906			253,807		35,855
Assets of segment – Wastewater treatment		315,000			—		—
Net off		(244,915	)		—		—
Total assets		319,991			253,807		35,855

The reconciliation of segment liabilities to total liabilities is as follows:

	2022			2023		2023
		CNY			CNY		US$
Segment liabilities		97,602			177,812		25,118
Liabilities of segment - Wastewater treatment		254,396			—		—
Net off		(209,456	)		—		—
Total liabilities		142,542			177,812		25,118

Schedule of reconciliation from loss

	June 30,
	2023			2024			2024
	CNY			CNY			US$
Loss for the period from continuing operations		(4,506	)		(122	)		(17	)
Loss for the period from discontinued operations		(4,955	)		—			—
Net loss (including non-controlling interests)		(9,461	)		(122	)		(17	)

	2021			2022			2023			2023
		CNY			CNY			CNY			US$
Loss for the year from continuing operations		(43,884	)		(23,338	)		(8,337	)		(1,177	)
Loss for the year from discontinued operations		(11,087	)		1,042			(4,106	)		(580	)
Net loss (including non-controlling interests)		(54,971	)		(22,296	)		(12,443	)		(1,757	)

Schedule of non-current assets

	December 31,
	2022		2023		2023
	CNY		CNY		US$
Mainland China		122,023		162		23
Hong Kong		1,012		247,767		35,002
Total		123,035		247,929		35,025