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Share capital and additional paidin capital

12 Months Ended

Dec. 31, 2023

Share capital and additional paidin capital

Share capital and additional paid-in capital

24. 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 $0.00005, of which 20,000 shares were issued at incorporation. On March 1, 2018, the authorized share capital of the Company increased from $50,000 divided into 1,000,000,000 Ordinary Shares of a par value of $0.00005 each to $100,000 divided into 2,000,000,000 Ordinary Shares of a par value of $0.00005 each by the creation of an additional 1,000,000,000 Ordinary Shares of a par value of $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, 2021		1,002,201		326		383,174		383,500		95,875		479,375
Shares issued during the year		-		-		-		-		-		-
At December 31, 2021		1,002,201		326		383,174		383,500		95,875		479,375
Shares issued during the year		40,257		14		510		524		-		524
At December 31, 2022		1,042,458		340		383,684		384,024		95,875		479,899
Shares issued during the year		9,702,236		3,470		54,509		57,979		-		57,979
At December 31, 2023		10,744,694		3,810		438,193		442,003		95,875		537,878

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* Less than 1,000.