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v3.24.1.1.u2

EMPLOYEE BENEFITS | 12 Months Ended
--- | ---
Dec. 31, 2023
Notes and other explanatory information [abstract] |
EMPLOYEE BENEFITS |
6. |  | EMPLOYEE BENEFITS
The Group’s employee benefits from continuing operation comprise the following:
Schedule of employee benefits |  |  |  |  |  |  |  |  |  |  |  |
|  | Year Ended December 31, |
|  | 2021 |  |  | 2022 |  |  | 2023 |  |  | 2023 |
|  | CNY |  |  | CNY |  |  | CNY |  |  | US$ |
Wages, salaries and allowances |  |  | 1,269 |  |  |  | 1,042 |  |  |  | 1,073 |  |  |  | 151 |
Housing funds (a) |  |  | 113 |  |  |  | 16 |  |  |  | 12 |  |  |  | 2 |
Contribution to pension plans (a) |  |  | 102 |  |  |  | 67 |  |  |  | 70 |  |  |  | 10 |
Welfare and other expenses |  |  | 33 |  |  |  | 46 |  |  |  | 37 |  |  |  | 5 |
Total employee benefits |  |  | 1,517 |  |  |  | 1,171 |  |  |  | 1,192 |  |  |  | 168 |
| (a) | According to the Mainland China state regulations, the employees of the Group's subsidiaries which operate in Mainland China are required to participate in a central pension scheme operated by the local municipal government and government-sponsored housing funds. These subsidiaries are required to contribute a certain percentage of their payroll costs for those qualified urban employees to the central pension scheme as well as to housing funds.
Employee benefit expenses include remuneration payables to Directors and senior management as set out in Note 25(d).

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