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INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2022
Intangible Assets  
INTANGIBLE ASSETS

 

10.INTANGIBLE ASSETS

 

                
   Patent  

Concession

Right

   Software   Total 
   CNY   CNY   CNY   CNY 
Cost                    
As of January 1, 2021 (As adjusted)   22,878        274    23,152 
Transfer in       20,430        20,430 
As of December 31, 2021   22,878    20,430    274    43,582 
                     
Accumulated amortization and impairment                    
As of January 1, 2021 (As adjusted)   (22,388)       (121)   (22,509)
Amortization charge   (105)   (730)   (49)   (884)
As of December 31, 2021   (22,493)   (730)   (170)   (23,393)
                     
Net carrying amount                    
As of December 31, 2021   385    19,700    104    20,189 
                     
Cost                    
As of January 1, 2022 and June 30, 2022   22,878    20,430    274    43,582 
                     
Accumulated amortization and impairment losses                    
As of January 1, 2022   (22,493)   (730)   (170)   (23,393)
Amortization charge   (19)   (365)   (20)   (404)
As of June 30, 2022   (22,512)   (1,095)   (190)   (23,797)
                     
Net carrying amount                    
As of June 30, 2022   366    19,335    84    19,785 
As of June 30, 2022 (US$)   55    2,886    12    2,953 

 

As of December 31, 2021 and June 30, 2022, the Group’s concession rights associated with environmental water projects (comprising intangible assets, contract assets and trade receivables) with aggregate gross carrying amounts of CNY129,437 and CNY133,750, respectively, were pledged to secure bank loans from the Bank of Communications with outstanding balances of CNY77,000 and CNY75,500, respectively. Please refer to Note 20 for further details.

 

There was no impairment loss on intangible assets for the year ended December 31, 2021 and six months ended June 30, 2022.