As of December 31,
2023
2024
RMB’000
Opening balance
—
272,684
New issuance
474,117
251,594
Fair value changes
116,520
(426)
Conversion to shares (Note 21(ii))
(319,335)
(29,785)
Notes matured
(255,458)
Exchange differences
1,382
2,915
Closing balance
241,524
Expected volatility
71.75% - 73.64%
70.36% - 78.64%
Risk–free interest rate
4.19% - 4.20%
5.08% - 5.49%
Bond Maturity
0.76 - 0.98
0.51 - 0.94
Weighted average share price
US$2.00
US$1.52 - US$6.63
Convertible bonds [Abstract].
No definition available.
Disclosure of convertible note during the reporting period explanatory.
Disclosure of fair value of the convertible note valuation of the share option explanatory.