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EQUITY (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of classes of share capital [abstract]  
Schedule of Issued Capital

Issued capital

 

 

December 31,

 

 

 

2016

 

 

2017

 

 

2018

 

 

2018

 

 

 

CNY

 

 

CNY

 

 

CNY

 

 

US$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Authorized:

 

 

 

 

 

 

 

 

 

 

 

 

10,000,000 preferred shares, no par

 

 

 

 

 

 

 

 

 

 

 

 

200,000,000 ordinary shares, no par

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issued and fully paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

24,910,916 (2016 and 2017: 24,910,916) common shares, no par

 

 

312,081

 

 

 

312,081

 

 

 

312,081

 

 

 

45,371

Schedule of Other Capital Reserves

Other capital reserves

 

 

 

 

 

Other capital reserves

 

 

 

 

 

 

CNY

 

 

 

 

 

 

 

 

 

 

At January 1, 2016

 

 

 

 

 

 

636,960

 

Deemed contribution from a related party*

 

 

 

 

 

 

55,558

 

At December 31, 2016, 2017 and 2018

 

 

 

 

 

 

692,518

 

At December 31, 2018 (US$)

 

 

 

 

 

 

100,679

 

———————

*

On December 23, 2016, Feishang Hesheng waived a payment of CNY55.56 million (US$8.00 million) indebtedness owed to it by Double Grow.