SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2022

Segment Information

Schedule of Segment Results

	Wastewater treatment			Exploration and mining			Corporate activities			Total
	CNY			CNY			CNY			CNY
Six months ended June 30, 2021 (As adjusted and unaudited)
Revenues from external customers		8,220			—			—			8,220
Segment profit/(loss) before income tax		179			(333	)		(30,314	)		(30,468	)
Income tax benefit											633
Loss for the period											(29,835	)
Other items
Depreciation of property, plant and equipment		(124	)		(31	)		(2	)		(157	)
Depreciation of right of use assets		(321	)		—			(360	)		(681	)
Amortization of intangible assets		(441	)		—			—			(441	)
Impairment (losses)/reversal on financial assets
- Trade receivables		(1,920	)		—			—			(1,920	)
- Contract assets		(179	)		—			—			(179	)
- Amounts due from related companies		775			—			331			1,106
Fair value loss on financial instruments, net		—			—			(24,807	)		(24,807	)
Other income		76			300			—			376
Finance costs		(2,142	)		—			(129	)		(2,271	)
Finance income		8,782			—			5			8,787

For the six months ended June 30, 2022, the segment results were as follows:

	Wastewater treatment			Exploration and mining			Corporate activities			Total
	CNY			CNY			CNY			CNY
Six months ended June 30, 2022 (Unaudited)
Revenues from external customers		16,072			—			—			16,072
Segment profit before income tax		3,784			245			1			4,030
Income tax expenses											(357	)
Profit for the period											3,673
Other items
Depreciation of property, plant and equipment		(114	)		(26	)		(1	)		(141	)
Depreciation of right of use assets		(347	)		—			(360	)		(707	)
Amortization of intangible assets		(404	)		—			—			(404	)
Impairment (losses)/reversal on financial assets
- Trade receivables		(1,936	)		—			—			(1,936	)
- Contract assets		41			—			—			41
- Other receivables		—			—			(1,077	)		(1,077	)
Other income		30			700			1			731
Fair value gain on financial instruments		—			—			559			559
Finance costs		(1,799	)		(1	)		(22	)		(1,822	)
Finance income		7,857			—			1,519			9,376

For the six months ended June 30, 2022, the segment results were as follows (continued):

	Wastewater treatment			Exploration and mining			Corporate activities			Total
	US$			US$			US$			US$
Six months ended June 30, 2022 (Unaudited)
Revenues from external customers		2,401			—			—			2,401
Segment profit before income tax		566			37			—			603
Income tax expenses											(53	)
Profit for the period											550
Other items
Depreciation of property, plant and equipment		(17	)		(4	)		—			(21	)
Depreciation of right of use assets		(52	)		—			(54	)		(106	)
Amortization of intangible assets		(60	)		—			—			(60	)
Impairment (losses)/reversal on financial assets
- Trade receivables		(289	)		—			—			(289	)
- Contract assets		6			—			—			6
- Other receivables		—			—			(161	)		(161	)
Other income		4			105			—			109
Fair value gain on financial instruments		—			—			83			83
Finance costs		(269	)		—			(3	)		(272	)
Finance income		1,398			—			2			1,400

Schedule of operating segment

	Wastewater treatment		Exploration and mining		Corporate activities		Total
	CNY		CNY		CNY		CNY
As of December 31, 2021 (Audited)
Segment assets		390,895		321		22,166		413,382
Reconciliation:
Elimination of inter-segment receivables								(80,000	)
Unallocated assets:
Deferred tax assets								66
Total assets								333,448
Segment liabilities		113,124		3,294		103,195		219,613
Reconciliation:
Elimination of inter-segment payables								(80,000	)
Unallocated liabilities:
Deferred tax liabilities								2,544
Income tax payable								9,254
Total liabilities								151,411

	Wastewater treatment		Exploration and mining		Corporate activities		Total
	CNY		CNY		CNY		CNY
As of June 30, 2022 (Unaudited)
Segment assets		398,064		573		19,561		418,198
Reconciliation:
Elimination of inter-segment receivables								(80,000	)
Unallocated assets:
Deferred tax assets								537
Total assets								338,735
Segment liabilities		115,995		3,301		101,129		220,425
Reconciliation:
Elimination of inter-segment payables								(80,000	)
Unallocated liabilities:
Deferred tax liabilities								1,824
Income tax payable								10,031
Total liabilities								152,280

The following table presents the asset and liability information of the Group’s operating segments as of December 31, 2021 and June 30, 2022(continued):

	Wastewater treatment		Exploration and mining		Corporate activities		Total
	US$		US$		US$		US$
As of June 30, 2022 (Unaudited)
Segment assets		59,416		86		2,920		62,422
Reconciliation:
Elimination of inter-segment receivables								(11,941	)
Unallocated assets:
Deferred tax assets								80
Total assets								50,561
Segment liabilities		17,314		493		15,096		32,903
Reconciliation:
Elimination of inter-segment payables								(11,942	)
Unallocated liabilities:
Deferred tax liabilities								272
Income tax payable								1,497
Total liabilities								22,730