v3.26.3
Trade receivables, net (Tables)
6 Months Ended
Jun. 30, 2026
Trade receivables [Abstract]  
Schedule of Trade Receivables
   As of 
   December 31,
2025
   June 30,
2026
 
   RMB’000   RMB’000 
         
Trade receivables   104,965    84,284 
Loss allowance   (83,251)   (66,018)
    21,714    18,266 
Included in trade receivables, net per balance sheet   21,714    18,266 
Included in assets classified as held for sale   —    — 
Schedule of ECL Allowance for Trade Receivables

The movement in ECL allowance for trade receivables during the six months ended June 30, 2025 and 2026 is as follows:

 

   For the six months ended
June 30,
 
   2025   2026 
   RMB’000   RMB’000 
         
Opening loss allowance   63,865    62,328 
Provision for expected credit losses, net   7,897    3,690 
Reclassified as held for sale assets   (13,314)   — 
Closing loss allowance   58,448    66,018