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Long term investment
 12 Months Ended
Dec. 31, 2025
Long term investment

17. Long term investment

 

The Company’s long term investment consisted of the following: 

 

 

 

      As of December 31,

 

 

 

     2024

 

 

2025

 

 

 

     RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

Fund investment in associate

 

 

-

 

 

 

1,960

 

 

 

 

-

 

 

 

1,960

 

 

During the year, the Company invested RMB1.96 million, together with other third parties, to establish a legal entity in China, in which the Company holds a 30% voting right. The investment is accounted for under the equity method. Management assessed that, as of December 31, 2025, the carrying amount approximated the Company’s proportionate share of the net assets of the investee.