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INTEREST- BEARING BANK BORROWINGS (SECURED) (Tables) | 12 Months Ended
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Dec. 31, 2019
INTEREST- BEARING BANK BORROWINGS (SECURED) |
Schedule of information about borrowings |
|  | As of December 31,
|  | 2019 |  | 2018
|  | RMB’000 |  | RMB’000
Short-term bank borrowings - repayable within one year – shown under current liabilities |  | — |  | —
Long-term bank borrowings - repayable more than one year but not more than 5 years - shown under non-current liabilities |  | — |  | —
|  | — |  | —
Schedule of bank borrowings denominated in currencies | Bank borrowings are denominated in the following currencies:
|  | As of December 31,
|  | 2019 |  | 2018
|  | RMB’000 |  | RMB’000
Renminbi |  | — |  | —
US dollars |  | — |  | —
|  | — |  | —
Schedule of information about the borrowings and interest rate | The exposure of the Company’s loans is as follows:
|  | As of December 31,
|  | 2019 |  | 2018
|  | Effective |  |  |  | Effective |  |
|  | interest rates % |  | RMB’000 |  | interest rates % |  | RMB’000
Fixed rate borrowings: |  |  |  | — |  |  |  | —
Variable rate borrowings: |  | — | % | — |  | — | % | —
|  | — |  | — |  | — |  | —
Schedule of undrawn bank borrowings facilities | As of the end of the reporting periods, the Company has the following undrawn bank borrowing facilities:
|  | As of December 31,
|  | 2019 |  | 2018
|  | RMB’000 |  | RMB’000
Variable-rate - expiring within one year |  | — |  | —

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