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COMMITMENTS | 12 Months Ended
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Dec. 31, 2021
COMMITMENTS |
COMMITMENTS | 26. COMMITMENTS (a) Operating lease commitments The Company leases production factories, warehouses and employees’ hostel from unrelated parties under non-cancellable operating lease arrangements. The leases have varying terms and the total future minimum lease payments of the Company under non-cancellable operating leases are payable as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2021 |  | 2020 |  | 2019
​ | ​ | RMB’000 | ​ | RMB’000 | ​ | RMB’000
Within one year |  | 13,404 |  | 13,431 |  | 5,793
After one year and within five years |  | 33,325 |  | 46,728 |  | —
​ |  | 46,729 |  | 60,159 |  | 5,793
​ The leases typically run for an initial period of three to five years, with an option to renew the lease when all terms are renegotiated. Lease payments are usually increased every five years to reflect market rentals. None of the leases includes contingent rentals. (b) Capital commitments The Company’s capital expenditures consist of expenditures on property, plant and equipment and capital contribution. Capital expenditures contracted for at the balance sheet date but not recognized in the financial statements are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2021 |  | 2020 |  | 2019
​ | ​ | RMB’000 | ​ | RMB’000 | ​ | RMB’000
Contracted for capital commitment in respect of capital contribution to its wholly foreign owned subsidiary in the PRC: |  |  |  |  |  |
Chengdu Future | ​ | 30,000,000 | ​ | 30,000,000 | ​ | 30,000,000
Antelope Chengdu | ​ | 65,250,000 | ​ | 65,250,000 | ​ | —
Hainan Antelope Holding | ​ | 63,726,000 | ​ | — | ​ | —
Antelope Future (Yangpu) | ​ | 63,726,000 | ​ | — | ​ | —
Antelope Investment (Hainan) |  | 50,000,000 |  | — |  | —
Antelope Ruicheng Investment | ​ | 50,000,000 | ​ | — | ​ | —
Hainan Kylin Cloud Service Technology |  | 5,000,000 |  | — |  | —
​

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- Definition The disclosure of commitments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard -URIDate 2021-03-24 + Details
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