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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
USD ($)
Dec. 31, 2021
CNY (¥)
Dec. 31, 2020
CNY (¥)
Dec. 31, 2019
CNY (¥)
OPERATING ACTIVITIES        
(Loss)/profit before income tax for the year $ (8,313) ¥ (52,836) ¥ 24,179 ¥ (49,302)
Adjustments for:        
Finance costs 650 4,128 3,457 383
Interest income (1,157) (7,358) (7,330) (6,797)
Expenses related to issuance of shares 248 1,579
Fair value (gain)/loss on financial instruments, net 6,034 38,349 (31,334)
Depreciation of property, plant and equipment 80 510 565 534
Depreciation of right-of-use assets 215 1,366 1,663 1,816
Amortization of intangible assets 139 884 156 1,185
Impairment losses on trade receivables 604 3,840 4,544 7,673
Impairment losses on contract assets 56 357 172 33
Impairment losses on other receivables 38 239
Impairment losses/(reversal) on amounts due from related companies (174) (1,106) (554) 1,661
Impairment loss on intangible assets 16,662
Impairment loss of goodwill 31,478
Changes in working capital        
Inventories (23) (148) (201) 490
Trade and bills receivables 1,035 6,580 26,263 3,372
Contract assets (123) (780) (18,595) (83,920)
Prepayments (291) (1,852) 406 8,639
Other receivables (146) (930) 41 61
Other current assets 284 1,805 (504) (3,485)
Trade payables (1,181) (7,507) (38,471) 31,722
Other payables and accruals 128 813 (10,961) 10,064
Cash used in operations (1,897) (12,067) (46,504) (27,731)
Income tax paid (1) (22) (2,609)
Net cash flows used in operating activities (1,897) (12,068) (46,526) (30,340)
INVESTING ACTIVITIES        
Interest received 592 3,760 7,667 7,359
Additions of service concession right (11) (68) (7,575) (9,212)
Purchase of property, plant and equipment (4) (28) (266) (630)
Prepayment for right-of-use assets (9) (55)
Purchase of structured deposit product (9,440) (60,000) (45,000)
Disposal of property, plant and equipment 1 6 96 30
Disposal of a subsidiary (41) (263)
Loan to an unrelated company (12,587) (80,000)
Repayment from loans due from related companies 19,667 125,000
Proceeds from maturity of structured deposit product 10,227 65,000 40,000
Net cash flows (used in)/from investing activities 8,395 53,352 (5,168) (2,453)
Net cash flows (used in)/from investing activities 8,395 53,352 (5,168) (2,453)
FINANCING ACTIVITIES        
Proceeds from issuance of shares 6,607 41,996
Proceeds from bank loans 50,000 30,000
Repayments of bank loans (472) (3,000)
Advances from related companies 57 360 4,082 6,759
Advances from the Shareholder 462
Repayment to related companies (7,890) 50,148 5,704
Repayments to the Shareholder (1,125) 7,149
Payment of principal portion of lease liabilities (230) (1,463) (1,769) (1,503)
Payment of interest expenses of lease liabilities (24) (150) (80) (102)
Deemed distribution to the controlling shareholder (1,620) (10,297)
Payments related to issuance of shares (72)
Dividends paid to non-controlling shareholders   (4,900)
Dividends paid to non-controlling shareholders (771) (4,900)    
Advances from non-controlling shareholder 13,717
Interest paid (635) (4,035) (4,028) (345)
Net cash flows from/(used in) financing activities (6,103) (38,786) 48,595 42,822
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 395 2,498 (3,099) 10,029
NET FOREIGN EXCHANGE DIFFERENCE (115) (719) 281 (27)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 8,902 56,580 59,398 49,396
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 9,182 ¥ 58,359 ¥ 56,580 ¥ 59,398