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Commitments and contingencies

12 Months Ended

Dec. 31, 2024

Capital commitments [abstract]

Commitments and contingencies

30.Commitments and contingencies

Operating lease commitments - Group as lessee

The Group does not have lease contract that have not yet commenced as of December 31, 2024. The future lease payments for these non-cancellable lease contracts are as follows:

		31.12.2023				31.12.2024				31.12.2024
		RMB’000				RMB’000				US$’000
Within 1 year			98				—				—
After 1 year but within 5 years			198				—				—
After 5 years			—				—				—
			296				—				—

Capital commitments

As of December 31, 2023 and 2024, the Group had capital expenditure (mainly in respect of property, plant and equipment) contracted for but not paid and not recognized in financial statements amounting to RMB 175.9 million and RMB 310.7 million (US$43.3 million) respectively. The Group’s share of joint venture’s capital commitment is disclosed in Note 5.

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- References

No definition available.

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- Definition

The disclosure of commitments and contingent liabilities. [Refer: Classes of contingent liabilities [domain]]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
-Number 1
-IssueDate 2024-01-01
-Paragraph 10
-Subparagraph e
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-URIDate 2024-03-27

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