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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED)
¥ in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2023
USD ($)
Jun. 30, 2023
CNY (¥)
Jun. 30, 2022
CNY (¥)
Statement of cash flows [abstract]      
OPERATING ACTIVITIES $ 420 ¥ 3,047 ¥ (4,482)
INVESTING ACTIVITIES      
Purchase of property, plant and equipment (1) (6) (6)
Disposal of property, plant and equipment 3
Expenditures on mine development (144) (1,042)
Net cash flows used in investing activities (145) (1,048) (3)
FINANCING ACTIVITIES      
Repayments of bank loans (207) (1,500) (1,500)
Advances from related companies 336 2,440 149
Payment of principal portion of lease liabilities (80) (583) (543)
Payment of interest expenses of lease liabilities (11) (81) (53)
Interest paid (259) (1,878) (1,954)
Net cash flows used in financing activities (221) (1,602) (3,901)
NET (DECREASE)/ INCREASE IN CASH AND CASH EQUIVALENTS 54 397 (8,386)
NET FOREIGN EXCHANGE DIFFERENCE 16 117 942
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 4,370 31,695 58,359
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 4,440 ¥ 32,209 ¥ 50,915