Share capital and additional paid in capital |
21.Share capital and additional paid in capital | | | | | | | | | | | | | | | | | | | | | Nominal | | | | | | | | | | | | | | | Number of | | value of | | | | | | | | | | Additional | | | | | ordinary | | ordinary | | Combined | | Subscription | | Treasury | | Warrant | | paid-in | | | | | shares | | shares | | capital | | receivable | | shares | | outstanding | | capital | | Total | | | | | USD | | RMB’000 | | RMB’000 | | RMB’000 | | RMB’000 | | RMB’000 | | RMB’000 | At January 1, 2023 | | 2,196,978,125 | | 21,969,781 | | 146,730 | | — | | — | | — | | 6,358,600 | | 6,505,330 | Issuance of shares, net (i) | | 101,000,000 | | 1,010,000 | | 7,175 | | (4,696) | | — | | — | | 128,247 | | 130,726 | Share-based compensation from ESOP (Note 28) | | — | | — | | — | | — | | — | | — | | 393,825 | | 393,825 | Share-based compensation from controlling shareholder ESOP (Note 28) | | — | | — | | — | | — | | — | | — | | 5,251 | | 5,251 | Conversion of convertible bonds to shares (ii) | | 108,760,310 | | 1,087,603 | | 7,807 | | — | | — | | — | | 311,528 | | 319,335 | Exercise of options | | 48,463,868 | | 484,639 | | 3,471 | | — | | — | | — | | (1,110) | | 2,361 | At December 31, 2023 | | 2,455,202,303 | | 24,552,023 | | 165,183 | | (4,696) | | — | | — | | 7,196,341 | | 7,356,828 | | | | | | | | | | | | | | | | | | At January 1, 2024 | | 2,455,202,303 | | 24,552,023 | | 165,183 | | (4,696) | | — | | — | | 7,196,341 | | 7,356,828 | Issuance of shares, net (iii) | | 47,619,050 | | 476,191 | | 3,380 | | — | | — | | 29,587 | | 1,145 | | 34,112 | Share-based compensation from ESOP (Note 28) | | — | | — | | — | | — | | — | | — | | 161,231 | | 161,231 | Share-based compensation from controlling shareholder ESOP (Note 28) | | — | | — | | — | | — | | — | | — | | (810) | | (810) | Conversion of convertible bonds to shares (ii) | | 27,888,690 | | 278,887 | | 1,982 | | — | | — | | — | | 27,803 | | 29,785 | Exercise of options | | 226,848,352 | | 2,268,483 | | 16,133 | | — | | — | | — | | (8,159) | | 7,974 | Capital contributions from non-controlling shareholders | | — | | — | | — | | — | | — | | — | | 12,133 | | 12,133 | Acquisition of treasury shares | | — | | — | | — | | — | | (6,862) | | — | | — | | (6,862) | At December 31, 2024 | | 2,757,558,395 | | 27,575,584 | | 186,678 | | (4,696) | | (6,862) | | 29,587 | | 7,389,684 | | 7,594,391 |
| (i) | In May 2023, the Company issued 35,000,000 Class A ordinary shares to certain institutional investors through a private placement, which was under the general mandate granted to the directors of the Company at the annual general meeting of the Company held on May 19, 2023 and rank pari passu with other shares in issue in all respects. |
In November 2023, the Company issued 66,000,000 Class A ordinary shares to certain institutional investors through a private placement, for which subscription receivable was approximately RMB4.7 million as of December 31, 2023 and 2024. | (ii) | During the years ended December 31, 2023 and 2024, the Company issued 108,760,310 and 27,888,690 Class A ordinary shares upon the conversion of certain convertible bonds issued to LMR in aggregate (Note 20). |
| (iii) | In March 2024, the Company issued to certain institutional investors 47,619,050 Class A ordinary shares together with warrants to purchase up to 47,619,050 Class A ordinary shares through a private placement for a total net proceeds of approximately RMB34.1 million, after deducting commissions and other offering expenses. The warrants were exercisable beginning six months following the date of issuance and will expire five years from the initial exercise date. The Company also issued warrants to initially purchase up to 2,380,950 Class A ordinary shares to a financial advisor in connection with this registered direct offering. |
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