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Cash cash equivalents and restricted cash
12 Months Ended
Dec. 31, 2024
Cash, Cash Equivalents And Restricted Cash

14. Cash, cash equivalents and restricted cash

 

 

 

As of December 31,

 

 

 

2023

 

 

2024

 

 

 

RMB’000

 

 

RMB’000

 

Cash on hand

 

 

41

 

 

 

41

 

Cash at bank

 

 

2,325

 

 

 

38

 

Restricted cash at bank(1)

 

 

167

 

 

 

-

 

Cash, cash equivalents and restricted cash per consolidated statements of cash flow

 

 

2,533

 

 

 

79

 

_______________ 

(1) This related to cash deposits in the bank accounts that are frozen by court order as former VIE, Chutian was subject to multiple legal proceedings, administrative proceedings, claims and other litigation as a result of overdue payments to service providers and loans payable to the lenders. There was no restricted cash as of December 31, 2024.