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Share capital and additional paid-in capital

12 Months Ended

Dec. 31, 2017

Share Capital And Additional Paid-in Capital

22. Share capital and additional paid-in capital

(a) Authorized share capital

In June 2010, the Company was incorporated in the Cayman Islands with an authorized share capital of one billion shares, par value of US$0.00005, of which 20,000 shares were issued at incorporation. On March 1, 2018, the authorized share capital of the Company increased from US$50,000 divided into 1,000,000,000 Ordinary Shares of a par value of US$0.00005 each to US$100,000 divided into 2,000,000,000 Ordinary Shares of a par value of US$0.00005 each by the creation of an additional 1,000,000,000 Ordinary Shares of a par value of US$0.00005 each to rank pari passu in all respects with the existing Ordinary Shares.

(b) Issued share capital and additional paid-in capital

	Number of shares		Ordinary shares		Additional paid-in capital			Total			Non- controlling interest			Total equity
	(thousands)		RMB’000		RMB’000			RMB’000			RMB’000			RMB’000

At January 1, 2016		227,717		77		239,924			240,001			60,000			300,001
Shares issued during the year		-		-		156,000			156,000			39,000			195,000
At December 31, 2016		227,717		77		395,924			396,001			99,000			495,001
Shares issued during the year		772,283		248		(222	)		26			7			33
Share issuance expenses		-		-		(7,385	)		(7,385	)		(1,846	)		(9,231	)
At December 31, 2017		1,000,000		325		388,317			388,642			97,161			485,803