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Land use right, net
12 Months Ended
Dec. 31, 2018
ZHEJIANG TIANLAN  
Land use right, net
    2018     2017  
    RMB’000     RMB’000  
             
Land use right     7,361       7,361  
Less: Accumulated amortization     (1,921 )     (1,763 )
      5,440       5,598  

 

    2018     2017     2016  
    RMB’000     RMB’000     RMB’000  
                   
Amortization expense     149       149       149  

 

At December 31, 2018, the land use right pledged as security for the Company’s bank loans and third party’s loans amounted to approximately RMB5,440,000 (2017: RMB1,645,000).

 

 

 

For the Twelve Months Ending December 31,

  Estimated Amortization Expenses  
    RMB’000  
       
2019     149  
2020     149  
2021     149  
2022     149  
2023     149  
Thereafter     4,695  
      5,440