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Convertible notes payable (Tables)
12 Months Ended
Dec. 31, 2025
Convertible notes payable  
Schedule of convertible notes payable

 

 

As of December 31,

 

 

 

2024

 

 

2025

 

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

Liability component on initial recognition

 

 

10,011

 

 

 

12,922

 

Issuance of convertible notes

 

 

9,253

 

 

 

7,171

 

Interest accrued

 

 

839

 

 

 

1,164

 

Conversion to ADS

 

 

(7,499 )

 

 

(15,972 )

Exchange difference

 

 

318

 

 

 

108

Total

 

 

12,922

 

 

 

5,393