INTEREST-BEARING LOANS AND BORROWINGS

12 Months Ended

Dec. 31, 2022

Interest-bearing Loans And Borrowings

21.

INTEREST-BEARING LOANS AND BORROWINGS

December 31,

2021 2022 2022

CNY CNY US$

Interest rate Maturity

Non-current interest-bearing loans

Bank loan-secured and guaranteed 5.05 %

2023 to 2038
74,000 71,000 10,293

Current interest-bearing loans

Bank loan-secured and guaranteed 5.05 %

2022 to 2023
3,000 3,000 435

Total 77,000 74,000 10,728

The bank loan is due to the Bank of Communications and denominated in CNY.

The loan is secured by collection right (including contract assets, intangible assets and trade receivables) in connection with the Group's service concession arrangement (Note 12, 14 and 15) and 80% equity interest of the Company's subsidiary, Shaoguan Angrui. The loan is also guaranteed by Shanghai Onway, the Company's subsidiary, and Feishang Enterprise Group Co., Ltd. (“Feishang Enterprise”), a related company of the Group.

The outstanding balance as of December 31, 2022 is repayable in equal annual installments of CNY3,000 until December of 2023; CNY4,000 from 2024 to 2028; CNY5,000 from 2029 to 2034; CNY6,000 in 2035; and CNY5,000 from 2036 to 2038.