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SCHEDULE OF CAPITAL STRUCTURE (Details) - CNY (¥) ¥ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | --- | ---
Capital Management |  |  |
Interest-bearing bank borrowings |  |  |
Note payable | 14,991 | 8,775 |
Amounts owed to related parties | 553 | 1,291 |
Total debts | 15,544 | 10,066 |
Less: Cash and cash equivalents (excluding restricted bank balances) | (3,808) | (3,936) | ¥ (27,880)
Net debts | 11,736 | 6,130 |
Equity attributable to shareholders of the Company | ¥ 96,942 | ¥ 1,047 |
Gearing ratio | 12.00% | 585.00% |

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