v3.26.1
Company level financial information (Tables)
12 Months Ended
Dec. 31, 2025
Company level financial information  
Summary of condensed statements of profit or loss

​

​

​

​

​

​

​

​

​

​

​

​

For the year

​

For the six

​

For the year

​

For the year

​

​

ended

​

months ended

​

ended

​

ended

​

​

June 30, 

​

December 31, 

​

December 31, 

​

December 31, 

​

  ​ ​ ​

2023

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

2025

​

  ​ ​ ​

RMB’000

  ​ ​ ​

RMB’000

  ​ ​ ​

RMB’000

​

RMB’000

Other income

​

6,468

​

10,433

 

12,719

​

5,539

General and administrative expenses

​

(37,854)

​

(20,345)

​

(20,138)

​

(14,582)

Other net (loss)/income

​

(11,418)

​

5,558

​

(554)

​

63,113

Operating (loss)/income

​

(42,804)

​

(4,354)

​

(7,973)

​

54,070

Finance income/(costs)

​

25,608

​

44,400

​

8,750

​

(160,205)

Other expenses

​

—

​

—

​

—

​

(70,332)

(Loss)/profit before taxation

​

(17,196)

​

40,046

​

777

​

(176,467)

Income tax expense

​

—

​

(3,137)

​

—

​

(1,543)

(Loss)/profit for the year/period

​

(17,196)

​

36,909

​

777

​

(178,010)

Summary of condensed statements of profit or loss and other comprehensive income

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​

​

​

​

​

​

​

​

​

​

​

For the year

​

For the

​

For the year

​

For the year

​

​

ended

​

six months ended

​

ended

​

ended

​

​

June 30, 

​

December 31, 

​

December 31, 

​

December 31, 

​

​

2023

​

2023

 

2024

  ​ ​ ​

2025

​

  ​ ​ ​

RMB’000

  ​ ​ ​

RMB’000

  ​ ​ ​

RMB’000

​

RMB’000

(Loss)/profit for the year/period

 

(17,196)

 ​

36,909

 ​

777

 ​

(178,010)

Items that may be reclassified subsequently to profit or loss:

 

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​

​

​

​

​

​

Exchange differences on translation of financial statements of the Company

 

383,743

 ​

(86,224)

 ​

36,184

 ​

1,584

Other comprehensive income/(loss) for the year/period

 

383,743

 ​

(86,224)

 ​

36,184

 ​

1,584

Total comprehensive income/(loss) for the year/period

 

366,547

 ​

(49,315)

 ​

36,961

 ​

(176,426)

Summary of condensed statements of financial position

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​

​

​

​

​

​

​

​

  ​ ​ ​

​

​

As at December 31, 

​

  ​ ​ ​

Note

  ​ ​ ​

2024

  ​ ​ ​

2025

​

  ​ ​ ​

​

​

RMB’000

​

RMB’000

ASSETS

​

  ​

​

​

​

​

Non-current assets

​

  ​

​

​

​

​

Investments in subsidiaries

​

​

​

​

​

​

- Cost-accounted investments in subsidiaries

​

​

​

2,288,729

​

3,460,965

- Amounts due from subsidiaries

​

​

​

723,420

​

1,006,137

Financial derivative assets

​

​

​

—

​

774,103

​

​

​

​

​

​

​

​

​

​

​

3,012,149

​

5,241,205

Current assets

​

​

​

 ​

​

 ​

Other receivables

​

​

​

4,094

​

215

Cash and cash equivalents

​

​

​

8,706

​

2,036,747

​

​

​

​

12,800

​

2,036,962

​

​

​

​

 ​

​

 ​

Total assets

 

​

​

3,024,949

​

7,278,167

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​

​

​

​

​

​

EQUITY

 

  ​

​

  ​

​

  ​

Share capital

​

26(a)

​

94

​

94

Additional paid-in capital

​

26(a)

​

4,686,201

​

2,908,972

Other reserves

​

​

​

(1,290,819)

​

403,687

Accumulated losses

​

​

​

(689,124)

​

(867,134)

​

​

​

​

 ​

​

 ​

Total equity

 

​

​

2,706,352

​

2,445,619

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​

​

​

​

​

​

LIABILITIES

 

​

​

  ​

​

  ​

Non-current liabilities

 

​

​

  ​

​

  ​

Loans and borrowings

​

​

​

—

​

2,406,744

Financial derivative liabilities

​

​

​

—

​

1,184,050

​

​

​

​

—

​

3,590,794

Current liabilities

​

​

​

​

​

​

Other payables

​

​

​

313,221

​

1,241,754

Deferred income

​

​

​

5,376

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—

​

​

​

​

​

​

​

​

​

​

​

318,597

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1,241,754

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​

​

​

​

​

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Total liabilities

 

​

​

318,597

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4,832,548

 ​

​

​

​

​

​

​

Total equity and liabilities

 

​

​

3,024,949

​

7,278,167

​

​

Summary of condensed statements of cash flows

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​

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​

​

​

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For the year

​

For the

​

For the year

​

For the year

​

​

ended

​

six months ended

​

ended

​

ended

​

​

June 30, 

​

December 31, 

​

December 31, 

​

December 31, 

​

  ​ ​ ​

2023

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

2025

​

  ​ ​ ​

RMB’000

  ​ ​ ​

RMB’000

  ​ ​ ​

RMB’000

​

RMB’000

Net cash used in operating activities

​

(43,240)

​

(22,277)

​

(19,192)

​

(11,661)

Net cash from/(used in) investing activities

​

528,830

​

259,852

​

932,096

​

(220,726)

Net cash from/(used in) financing activities

​

43,396

​

(1,083,077)

​

(1,276,775)

​

2,283,638

Net increase/(decrease) in cash and cash equivalents

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528,986

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(845,502)

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(363,871)

​

2,051,251

Cash and cash equivalents at beginning of the year/period

​

646,921

​

1,225,474

​

372,459

​

8,706

Effect of movements in exchange rates on cash held

​

49,567

​

(7,513)

​

118

​

(23,210)

Cash and cash equivalents at end of the year/period

 

1,225,474

​

372,459

​

8,706

​

2,036,747