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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of Information Relating to Property, Plant and Equipment

Property, plant and equipment are stated at cost and are depreciated using the straight-line method over the estimated useful lives of the assets, as follows:

    

    

Estimated

residual

Category

Estimated useful life

value

Buildings

 

20‑50 years

 

Medical equipment*

 

5‑20 years

 

Electronic and office equipment

 

3‑5 years

 

Motor vehicles

 

5 years

 

Leasehold improvement and building improvement

 

shorter of lease term or 5 years

 

*      The cost of the asset is amortized over the estimated useful life. However, if ownership is transferred at the end of the lease term, the cost of the asset is amortized over the shorter of customer contract or the useful life of the asset which ranges from 5 to 20 years.

Schedule of estimated useful life for the intangible assets

    

Estimated

useful life

Operating license

 

20 years

Favorable leases

 

12-17 years

Customer relationship

 

5‑16 years

Operating leases

 

9‑16 years

Software

 

3‑5 years