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Organization and principal activities (Tables)

12 Months Ended

Dec. 31, 2020

Details of subsidiaries and variable interest entity

Subsidiary		Place of incorporation		Particular of issued and fully paid up capital				Group’s effective interest				Held by the Company				Held by a subsidiary				Principal activities
True Silver Limited		British Virgin Islands		$	50,000				100	%			100	%			-			Investment holding
Chutian Financial Holdings (Hong Kong) Limited		Hong Kong		HK$10,000					100	%			-				100	%		Investment holding
Wuhan Chutian Investment Holdings Co. Ltd		PRC		$	3,000,000				100	%			-				100	%		Investment holding
Variable interest entity
Hubei Chutian Microfinance Co., Ltd		PRC		RMB450,000,000					80	%			-				80	%		Microfinance lender

Schedule of accompanying consolidated financial

						As of December 31,
						2019				2020
						RMB’000				RMB’000
Total current assets							615,611				663,089
Total non-current assets							48,137				45,159
Total assets							663,748				708,248
Total current liabilities							237,587				261,944
Total liabilities							237,587				261,944
		For the year ended December 31,
		2018				2019				2020
		RMB’000				RMB’000				RMB’000
Interest income on loans			141,857				118,396				105,570
Net profit			8,155				58,616				19,854

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