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REVENUE (Tables)
12 Months Ended
Dec. 31, 2020
Revenue [abstract]  
Schedule of Revenue from Contracts with Customers

Revenue represents the following:


 

 

Year Ended December 31,

 

 

 

2018

 

 

2019

 

 

2020

 

 

2020

 

 

 

CNY

 

 

CNY

 

 

CNY

 

 

US$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue from contracts with a customer

 

 

 

 

 

12,969

 

 

 

6,867

 

 

 

1,052

 

Schedule of Disaggregated Revenue Information

Disaggregated revenue information


 

 

Year Ended December 31,

 

 

 

2018

 

 

2019

 

 

2020

 

 

2020

 

 

 

CNY

 

 

CNY

 

 

CNY

 

 

US$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Type of goods

 

 

    

 

 

 

 

 

 

 

 

 

 

 

 

 

Sale of copper ores

 

 

 

 

 

12,969

 

 

 

6,867

 

 

 

1,052

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Geographic market

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mainland China

 

 

 

 

 

12,969

 

 

 

6,867

 

 

 

1,052

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Timing of revenue recognition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goods transferred at a point in time

 

 

 

 

 

12,969

 

 

 

6,867

 

 

 

1,052