PROFIT/(LOSS) BEFORE INCOME TAX (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2023

Dec. 31, 2022

Profitloss Before Income Tax

Schedule of group’s profit/(loss) before tax

	Six months ended June 30,
	2022			2023			2023
	CNY			CNY			US$
	(Unaudited)			(Unaudited)			(Unaudited)
Crediting:
Finance income (Note 5)		(9,376	)		(8,101	)		(1,117	)
Charging:
Cost of sales
- Construction service		5,107			2,423			334
- Operation and maintenance services		—			256			35
- Operation services related to service concession arrangement		3,664			2,697			372
Total		8,771			5,376			741
Depreciation
- Property, plant and equipment		141			106			14
- Right-of-use assets		707			713			98
Amortization of intangible assets		404			395			54
Expense relating to short-term leases		174			209			29
Impairment losses/(reversal) on financial assets:
- Trade receivables		1,936			388			53
- Contract assets		(41	)		3,546			489
- Other receivables		1,077			6,829			942
Fair value (gain)/loss on financial instruments:
- Derivative financial liabilities (Note 16(b))		(559	)		86			12
Other income		(731	)		(642	)		(89	)
Finance costs (Note 5)		1,822			1,930			266

	Year Ended December 31,
	2020			2021			2022			2022
	CNY			CNY			CNY			US$
Crediting:
Finance income (Note 5)		(15,468	)		(16,935	)		(15,607	)		(2,263	)
Charging:
Cost of sales
- Sales of copper ores		6,854			—			—			—
- Sales of water treatment equipment		—			—			94			14
- Construction service		6,479			12,876			8,580			1,244
- Operation and maintenance services		3,177			162			—			—
- Operation services related to service concession arrangements		3,878			5,067			5,811			842
- Construction services related to service concession arrangement		18,827			389			—			—
Cost of sales		39,215			18,494			14,485			2,100
Depreciation
- Property, plant and equipment (Note 11)		565			510			304			44
- Right-of-use assets (Note 13)		1,663			1,366			1,413			205
Amortization of intangible assets* (Note 12)		156			884			813			118
Expense relating to short-term leases (Note 13)		496			601			490			71
Impairment losses/(reversal) on financial assets:
- Trade receivables		4,544			3,840			(3,989	)		(578	)
- Contract assets		172			357			171			25
- Other receivables		—			239			2,745			397
- Amounts due from related companies		(554	)		(1,106	)		—			—
Fair value (gain)/loss on financial instruments:
- Financial assets at fair value through profit or loss		(31,334	)		45,816			—			—
- Derivative financial liabilities (Note 22 (b))		—			(7,467	)		(1,007	)		(146	)
Consultants share option expense (Note 27)		—			—			16,152			2,342
Issuance expense related to placement		—			1,579			—			—
Other (income)/losses		(1,616	)		183			(904	)		(131	)
Finance costs (Note 5)		3,749			4,359			3,395			492
Employee benefit expenses** (Note 7)		11,412			11,496			10,587			1,535

* The amortization of intangible assets allocated to cost of sales amounted to CNY115, CNY835 and CNY766 (US$111) and administrative expenses amounted to CNY41, CNY49 and CNY47 (US$7) on the face of the consolidated statements of profit or loss for the years ended December 31, 2020, 2021 and 2022.

** The employee benefit expenses allocated to cost of sales amounted to CNY3,371, CNY2,772 and CNY1,418 (US$206), selling and distribution expenses amounted to CNY238, CNY159, CNY111 (US$16) and administrative expenses amounted to CNY7,803, CNY8,565 and CNY9,058 (US$1,313) on the face of the consolidated statements of profit or loss for the years ended December 31, 2020, 2021 and 2022.