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LAND USE RIGHTS
12 Months Ended
Dec. 31, 2018
Disclosure Of LAND USE RIGHTS [Abstract]  
Disclosure of land use right [text block]
14.
LAND USE RIGHTS
 
The Company’s land use rights are under medium-term leases in the PRC, and are analyzed for reporting purposes as follows:
 
 
 
2018
 
 
2017
 
 
 
RMB’000
 
 
RMB’000
 
Cost
 
 
 
 
 
 
 
 
At December 31, 2018 and 2017
 
 
32,619
 
 
 
32,619
 
Accumulated amortization
 
 
 
 
 
 
 
 
At beginning of the year
 
 
(4,541
)
 
 
(4,398
)
Amortization
 
 
(108
)
 
 
(143
)
At end of the year
 
 
(4,649
)
 
 
(4,541
)
 
 
 
 
 
 
 
 
 
Impairment
 
 
 
 
 
 
 
 
At beginning of the year
 
 
(23,714
)
 
 
(22,301
)
Impairment for the year
 
 
(4,256
)
 
 
(1,413
)
 
 
 
 
 
 
 
 
 
At end of the year
 
 
(27,970
)
 
 
(23,714
)
 
 
 
 
 
 
 
 
 
Carrying amount
 
 
 
 
 
 
 
 
At December 31, 2018 and 2017
 
 
-
 
 
 
4,364
 
 
No land use rights of the Company were pledged to the banks as securities for the Company’s interest-bearing bank borrowings at December 31, 2018 and 2017. At the end of the reporting period, the Company assessed the recoverable amount of land use right, and determined that carrying amount was impaired by RMB 4,256,000 (2017: 1,413,000).