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SHARE CAPITAL (Tables)

6 Months Ended

Jun. 30, 2021

SHARE CAPITAL

Schedule of information about classes of share capital


		As of
		June 30, 2021				December 31, 2020
		Number		US$		Number		US$
		of shares		‘000		of shares		‘000
Authorized:
Ordinary shares of US$ 0.024 each		50,000,000		1,200		50,000,000		1,200



		June 30, 2021
		Number		RMB
		of shares		‘000
Outstanding and fully paid:
Ordinary shares of US$ 0.024 each
At January 1, 2021		3,674,370		591
Issuance of new shares for equity financing		1,502,110		233
Warrants exercised		700,516		106
Issuance of new shares – share-based compensation to CEO and CFO		47,706		7
At June 30, 2021		5,909,525		937

Schedule of fair value of other than equity instrument explanatory


Grant date (investors and placement agent, respectively)			February 17, 2021
Share price at date of grant (investors and placement agent, respectively)		US$	4.45
Exercise price at date of grant (investors and placement agent, respectively)		US$	3.57 & 4.46
Volatility			237	%
Warrant life			5 years
Dividend yield			0	%
Risk-free interest rate			0.57	%
Average fair value at grant date		US$	3.52


Grant date (investors and placement agent, respectively)			June 14, 2021
Share price at date of grant (investors and placement agent, respectively)		US$	3.15
Exercise price at date of grant (investors and placement agent, respectively)		US$	3.42 & 4.35
Volatility			256	%
Warrant life			5 years
Dividend yield			0	%
Risk-free interest rate			0.80	%
Average fair value at grant date		US$	2.50

Schedule of summary of the warrant activity


							Weighted
							Average
							Remaining
				Average			Contractual
		Number of		Exercise			Term in
		Warrants		Price			Years
Outstanding at December 31, 2020		980,894		$	1.21		3.85
Exercisable at December 31, 2020		980,894			1.21		3.85
Issued		1,652,322			3.56		5.00
Exercised		700,516			2.43		—
Expired		64,286			18.72		—
Outstanding at June 30, 2021		1,868,414			4.00		4.49
Exercisable at June 30, 2021		1,809,590		$	3.99		4.48