INTEREST-BEARING LOANS AND BORROWINGS

12 Months Ended

Dec. 31, 2023

Interest-bearing Loans And Borrowings

INTEREST-BEARING LOANS AND BORROWINGS

20. INTEREST-BEARING LOANS AND BORROWINGS

						December 31,
						2022		2023		2023
						CNY		CNY		US$
	Interest rate			Maturity
Non-current interest-bearing loans
Bank loan-secured and guaranteed		5.05	%		2023 to 2038		71,000		—		—
Current interest-bearing loans
Bank loan-secured and guaranteed		5.05	%		2022 to 2023		3,000		—		—
Total							74,000		—		—

The bank loan is due to the Bank of Communications and denominated in CNY.

As of December 31, 2022, the loan is secured by collection right (including intangible assets, trade receivables and contract assets) in connection with the Group's service concession arrangement (Note 10, 12 and 13) and 80% equity interest of the Company's subsidiary, Shaoguan Angrui. The loan is also guaranteed by Shanghai Onway, the Company's subsidiary, and Feishang Enterprise Group Co., Ltd. (“Feishang Enterprise”), a related company of the Group. The loan was derecognized as it was part of the wastewater treatment business disposed by the Company in year 2023 (Note 3).