v3.25.2
Cash and cash equivalents
12 Months Ended
Dec. 31, 2024
Cash and cash equivalents.  
Cash and cash equivalents

6.Cash and cash equivalents

    

As of December 31,

2023

    

2024

RMB’000

RMB’000

Cash at bank

432,892

124,413

Deposits held at licensed payment platforms

3,350

2,290

436,242

126,703

Included in cash and cash equivalents per balance sheet

436,242

126,614

Included in assets classified as held for sale

89

As of December 31, 2024, cash and cash equivalents located in Mainland China amounted to RMB125.6 million (2023: RMB400.1 million). Remittance of funds out of Mainland China is subject to relevant rules and regulations of foreign exchange control.

As of December 31, 2024, RMB12.8 million of cash at bank was held in accounts where the usage is restricted to certain business purposes (2023:RMB16.9 million).

As of December 31, 2023 and 2024, ECLs for cash and cash equivalents were estimated to be immaterial.