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Income tax expense (Tables)

12 Months Ended

Dec. 31, 2025

Income tax expense

Schedule of reconciliation of income taxes

		Year Ended December 31,
		2023				2024				2025
		RMB’000				RMB’000				RMB’000
Loss before income taxes			(395,803	)			(500,370	)			(7,305	)
Computed expected income tax expense			(98,951	)			(125,550	)			(1,827	)
Tax effect of non-deductible expenses			109,650				124,383				-
Tax effect of tax-exempt entities			(2,580	)			2,938				2,558
Tax effect of non-taxable income			(8,119	)			-				-
Income tax expense			-				1,711				731

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