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TRADE PAYABLES
6 Months Ended
Jun. 30, 2023
Notes and other explanatory information [abstract]  
TRADE PAYABLES

11. TRADE PAYABLES

 

         
   As of 
   June 30, 2023   December 31, 2022 
   RMB’000   RMB’000 
Trade payables   2,594    3,079 

 

Trade payables are denominated in Renminbi, non-interest bearing and generally settled within 120-day terms. All of the trade payables are expected to be settled within one year. The carrying value of trade payables is considered to be a reasonable approximation of fair value.