Business Combinations (Tables)

12 Months Ended

Dec. 31, 2023

Business Combinations [Abstract]

Schedule of Fair Values of the Identifiable Assets and Liabilities

The fair values of the identifiable assets and liabilities of Beijing Successor Educational Equipment Co., Ltd acquired as at the date of acquisition were as follows:

	Fair value recognised on acquisition
	RMB’000
Cash and cash equivalents		315
Property, plant and equipment (Note 12)		8
Trade receivables		257
Prepayments, other receivables and other assets		461
Inventories		194
Trade payables		(2	)
Contract liabilities		(590	)
Other payables and accruals		(407	)
Total identifiable net assets at fair value		236
Goodwill arising on acquisition		764
Purchase consideration		1,000
Satisfied by:
Cash and cash equivalents		1,000
Analysis of cash flows on acquisition:
Net cash inflows and cash acquired (including in net cash flows used in investing activities)		315

The fair values of the identifiable assets and liabilities of Rosenkavalier Group acquired as at the date of acquisition were as follows:

	Fair value recognised on acquisition
	RMB’000
Cash and cash equivalents		1,073
Property, plant and equipment (Note 12)		769
Right-of-use assets (Note 24)		2,988
Trade receivables		9,671
Prepayments, other receivables and other assets		12,151
Inventories		2
Identifiable intangible assets (Note 13)		26,000
Deferred tax assets		537
Deferred tax liabilities		(1,472	)
Trade payables		(188	)
Due to related parties		(1,261	)
Lease liabilities		(2,988	)
Other payables and accruals		(507	)
Total identifiable net assets at fair value		46,775
Goodwill arising on acquisition		237,225
Purchase consideration		284,000
Satisfied by:
Issuance of ordinary shares		284,000
Analysis of cash flows on acquisition:
Net cash inflows and cash acquired (including in net cash flows used in investing activities)		1,073