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Income taxes payable | 12 Months Ended
--- | ---
Dec. 31, 2024
Income taxes payable |
Income Taxes Payable | 25. Income taxes payable
|  | As of December 31, |
|  | 2023 |  |  | 2024 |
|  | RMB’000 |  |  | RMB’000 |
Income tax payable |  |  | 32,477 |  |  |  | 1,711 |
Total |  |  | 32,477 |  |  |  | 1,711 |
As of December 31, 2023, Chutian had not been paying its corporate income tax of RMB32.5 million to the China State Administration of Taxation since 2018 due to liquidity issue. In June 2024, the Company divested the microfinance business by selling off the Chutian and subsidiaries and all the assets and liabilities relating the microfinance business were disposed. As of December 31, 2024, income tax payable was provided based on the subsidiaries’ profit from digital security technology and real estate operation management business.

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