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Share capital and additional paid-in capital

12 Months Ended

Dec. 31, 2018

Share Capital And Additional Paid-in Capital

25. 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, 2017			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			-				-				(12,528	)			(12,528	)			(3,132	)			(9,231	)
At December 31, 2017			1,000,000				325				383,174				383,499				95,875				479,374
Shares issued during the year			862				1				-				1				-				1
At December 31, 2018			1,000,862				326				383,174				383,500				95,875				479,375