Antelope Enterprise Holdings Limited (AEHL) 20-F/A9 Dec 242023 FY Annual report (foreign) (amended)Financial data

Company Profile

Cover

Cover - shares	12 Months Ended
Cover - shares	Dec. 31, 2023	Dec. 31, 2022
Entity Addresses [Line Items]
Document Type	20-F/A
Amendment Flag	true
Amendment Description	This Amendment No. 1 to the Annual Report on Form 20-F (this “Amendment”) of Antelope Enterprise Holdings Limited. (the “Company”) amends the Annual Report of the Company on Form 20-F for the year ended December 31, 2023, which was originally filed with the U.S. Securities and Exchange Commission on May 1, 2024 (the “Original Report”).The Company is filing this Amendment for the primary purpose of amending and supplementing certain descriptions of the Company’s operations and certain disclosures about related party loans (collectively, the “Amendments”). This Form 20-F/A presents the Original Report, amended with modifications as necessary to reflect the Amendments. The following items have been amended: ● Part I, Item 4 Information on the Company Part I, Item 5 Management’s Discussion and Analysis of Financial Condition and Results of Operations/ Overview Part I, Item 7. Major Shareholders and Related Party Transactions B. Related Party Transactions In addition, in connection with this Form 20-F/A, the Company’s Chief Executive Officer and Chief Financial Officer have provided new certifications dated as of the date of this filing (Exhibits 31.1, 31.2, 32.1 and 32.2). Except as described above, this Form 20-F/A does not amend, update or change any other items or disclosures in the Original Report and does not purport to reflect any information or events subsequent to the filing thereof. As such, this Form 20-F/A speaks only as of the date the Original Report was filed, and we have not undertaken herein to amend, supplement or update any information contained in the Original Report to give effect to any subsequent events. Accordingly, this Form 20-F/A should be read in conjunction with our Original Report and our other filings made with the SEC subsequent to the filing of the Original Report, including any amendments to those filings.
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	001-34944
Entity Registrant Name	Antelope Enterprise Holdings Limited
Entity Central Index Key	0001470683
Entity Incorporation, State or Country Code	D8
Entity Address, Address Line One	Suite 7540
Entity Address, Address Line Two	The Empire State Building
Entity Address, Address Line Three	350 Fifth Avenue
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10118
Title of 12(b) Security	Class A Ordinary Shares
Trading Symbol	AEHL
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Document Accounting Standard	International Financial Reporting Standards
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	3,077,981
Document Financial Statement Error Correction [Flag]	false
Auditor Name	ARK Pro CPA & Co	Centurion ZD CPA & Co.
Auditor Location	Hong Kong, China	Hong Kong, China
Auditor Firm ID	3299	2769
Business Contact [Member]
Entity Addresses [Line Items]
Entity Address, Address Line One	Suite 7540
Entity Address, Address Line Two	The Empire State Building,
Entity Address, Address Line Three	350 Fifth Avenue
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10118
City Area Code	+1
Local Phone Number	(838) 500 8888
Contact Personnel Name	Tingting Zhang

Consolidated Statements of Fina

Consolidated Statements of Financial Position - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
NONCURRENT ASSETS
Property and equipment, net	¥ 1,146	¥ 1,006
Intangible assets, net	4	6
Right-of-use assets, net		469
Loan receivable	36,780
Note receivable	49,340
Total noncurrent assets	87,270	1,481
CURRENT ASSETS
VAT receivables		142
Other receivables and prepayments	20,380	19,180
Available-for-sale financial assets	700	8,523
Due from related parties	9,344
Restricted cash		2,069
Cash and bank balances	3,808	3,936
Total current assets	34,232	33,850
Assets classified as held for sale		74,675
Total assets	121,502	110,006
CURRENT LIABILITIES
Trade payables		3,079
Accrued liabilities and other payables	1,532	799
Unearned revenue	192
Amounts owed to related parties	553	1,291
Note payable	7,597
Lease liabilities		328
Taxes payable	1,993	582
Total current liabilities	11,867	6,079
NET CURRENT ASSETS	22,365	27,771
NONCURRENT LIABILITIES
Lease liabilities		157
Note payable	7,394	8,775
Total noncurrent liabilities	7,394	8,932
Liabilities directly associated with assets classified as held for sale		88,530
Total liabilities	19,261	103,541
NET ASSETS	102,241	6,465
EQUITY
Reserves	96,942	1,047
Noncontrolling interest	5,299	5,418
Total equity	¥ 102,241	¥ 6,465

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Profit or loss [abstract]
Net sales	¥ 510,546	¥ 286,347	¥ 71,527
Cost of goods sold	457,493	258,431	65,493
Gross profit	53,053	27,916	6,034
Other income	3,728	2,966	32
Fair value unrealized gain of unlisted financial assets		130
Selling and distribution expenses	(52,392)	(16,380)	(24)
Administrative expenses	(89,047)	(22,757)	(15,975)
Bad debt reversal (expense)		2,751	(10,148)
Finance costs	(975)	(25)	(51)
Other expenses	(1,204)	(42)	(34)
Loss before taxation	(86,837)	(5,441)	(20,166)
Income tax expense	83	209	217
Net loss for the period from continuing operations	(86,920)	(5,650)	(20,383)
Discontinued operations
Gain on disposal of discontinued operations	73,846
Los from discontinued operations	(1,385)	(47,994)	(69,675)
Net loss	(14,459)	(53,644)	(90,058)
Net income (loss) attributable to :
Equity holders of the Company	(14,340)	(57,918)	(88,752)
Non-controlling interest	(119)	4,274	(1,306)
Net income (loss) attributable to the equity holders of the Company arise from:
Continuing operations	(86,801)	(9,924)	(19,077)
Discontinued operations	72,461	(47,994)	(69,675)
Other comprehensive loss
Exchange differences on translation of financial statements of foreign operations	(1,838)	198	585
Total comprehensive income (loss)	(16,297)	(53,446)	(89,473)
Total comprehensive income (loss) attributable to:
Equity holders of the Company	(16,178)	(57,720)	(88,167)
Non-controlling interest	(119)	4,274	(1,306)
Total comprehensive income (loss) arise from:
Continuing operations	(88,758)	(5,452)	(19,798)
Discontinued operations	¥ 72,461	¥ (47,994)	¥ (69,675)
Basic (RMB)
-- from continuing operations	¥ (39.10)	¥ (11.90)	¥ (37.10)
-- from discontinued operations	32.64	(57.30)	(135.40)
Diluted (RMB)
-- from continuing operations	(39.10)	(11.90)	(37.10)
-- from discontinued operations	¥ 27.98	¥ (57.30)	¥ (135.40)

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - CNY (¥) ¥ in Thousands	Share premium [member]	Reverse Recapitalization Reserve [member]	Merger reserve [member]	Reserve of share-based payments [member]	Statutory reserve [member]	Capital reserve [member]	Retained earnings [member]	Reserve of exchange differences on translation [member]	Equity attributable to owners of parent [member]	Non-controlling interests [member]	Total equity [member]
Balance at Dec. 31, 2020	¥ 718,399	¥ (507,235)	¥ 58,989	¥ 126,164	¥ 135,343	¥ 61,266	¥ (494,068)	¥ (1,509)	¥ 97,349		¥ 97,349
IfrsStatementLineItems [Line Items]
Net loss for the period							(88,752)		(88,752)	(1,306)	(90,058)
Exchange difference on transaction of financial statements of foreign operations								585	585		585
Total comprehensive loss for the period							(88,752)	585	(88,167)	(1,306)	(89,473)
Issuance of new shares for equity financing	29,587								29,587		29,587
Warrants exercised	10,258								10,258		10,258
Share-based compensation expense	17			1,818					1,835		1,835
Balance at Dec. 31, 2021	758,261	(507,235)	58,989	127,982	135,343	61,266	(582,820)	(924)	50,862	(1,306)	49,556
IfrsStatementLineItems [Line Items]
Net loss for the period							(57,918)		(57,918)	4,274	(53,644)
Exchange difference on transaction of financial statements of foreign operations								198	198		198
Total comprehensive loss for the period							(57,918)	198	(57,720)	4,274	(53,446)
Issuance of new shares for equity financing	5,725								5,725		5,725
Share-based compensation expense	69			2,111					2,180		2,180
Additional paid in capital										2,450	2,450
Balance at Dec. 31, 2022	764,055	(507,235)	58,989	130,093	135,343	61,266	(640,738)	(726)	1,047	5,418	6,465
IfrsStatementLineItems [Line Items]
Net loss for the period							(14,340)		(14,340)	(119)	(14,459)
Exchange difference on transaction of financial statements of foreign operations								(1,838)	(1,838)		(1,838)
Total comprehensive loss for the period							(14,340)	(1,838)	(16,178)	(119)	(16,297)
Issuance of new shares for equity financing	58,929								58,929		58,929
Share-based compensation expense	738			48,722					49,460		49,460
Conversion of long-term notes into common shares	3,684								3,684		3,684
Balance at Dec. 31, 2023	¥ 827,406	¥ (507,235)	¥ 58,989	¥ 178,815	¥ 135,343	¥ 61,266	¥ (655,078)	¥ (2,564)	¥ 96,942	¥ 5,299	¥ 102,241

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - CNY (¥)	12 Months Ended
Consolidated Statements of Cash Flows - CNY (¥)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Loss before taxation (including 73,846,000 gain on disposal of subsidiaries in 2023)	¥ (12,991,000)	¥ (5,441,000)	¥ (20,166,000)
Adjustments for
Operating lease charge		484,000	1,266,000
Depreciation of property, plant and equipment	361,000	255,000	84,000
Fair value gain on unlisted financial assets		(130,000)
Gain on disposal of subsidiaries	(73,846,000)
Loan forgiveness by related party	(1,160,000)
Loss on convertible note	1,267,000
Standstill fee on note payable	682,000
Reversal of bad debt of trade receivables		(2,751,000)	10,148,000
Share based compensation	49,459,000	2,180,000	1,835,000
Interest expense on lease liability		25,000	51,000
Amortization of OID of convertible note	446,000	15,000
Operating cash flows before working capital changes	(35,782,000)	(5,363,000)	(6,782,000)
Decrease in trade receivables		4,292,000	(5,374,000)
Decrease (Increase) in other receivables and prepayments	(1,216,000)	(898,000)	(19,936,000)
Increase in loan receivable	(36,780,000)
Increase (Decrease) in trade payables	(3,079,000)	464,000	2,602,000
Increase (Decrease) in unearned revenue	192,000	(15,545,000)	15,545,000
Decrease in taxes payable	1,614,000	(958,000)	(163,000)
Increase (Decrease) in accrued liabilities and other payables	731,000	(2,100,000)	2,712,000
Cash used in operations	(74,320,000)	(20,108,000)	(11,396,000)
Interest paid
Income tax paid	(144,000)	(326,000)	(41,000)
Net cash generated from operating activities from discontinued operations	14,118,000	4,982,000	3,314,000
Net cash used in operating activities	(60,346,000)	(15,452,000)	(8,123,000)
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of fixed assets	(500,000)	(22,000)	(1,279,000)
Acquisition of intangible assets		(6,000)
Decrease in notes receivable	9,404,000
Decrease in available-for-sale financial asset	7,823,000	(8,393,000)
Decrease (Increase) in restricted cash	2,069,000	(2,069,000)
Cash disposed as a result of disposal of subsidiaries	(256,000)
Net cash used in investing activities from discontinued operations
Net cash generated from (used in) investing activities	18,540,000	(10,490,000)	(1,279,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment for lease liabilities		(358,000)	(1,144,000)
Insurance of share capital for equity financing	58,929,000	5,724,000	29,586,000
Warrants exercised			10,258,000
Capital contribution from noncontrolling interest		2,450,000
Proceeds from promissory note	7,100,000	8,759,000
Due from related parties	(9,344,000)
Advance from related parties	423,000
Net cash used in financing activities from discontinued operations	(14,303,000)	(14,303,000)	(14,303,000)
Net cash generated from financing activities	42,805,000	2,272,000	24,397,000
NET INCREASE (DECREASE) IN CASH & EQUIVALENTS	999,000	(23,670,000)	14,995,000
CASH & EQUIVALENTS (INCLUDING CASH CLASSIFIED AS HELD FOR SALE OF RMB 306,000), BEGINNING OF YEAR	4,242,000	27,880,000	12,344,000
EFFECT OF FOREIGN EXCHANGE RATE DIFFERENCES	(1,433,000)	32,000	541,000
CASH & EQUIVALENTS, END OF YEAR	3,808,000	4,242,000	27,880,000
ANALYSIS OF BALANCES OF CASH AND CASH EQUIVALENTS:
Cash and cash equivalents	3,808,000	3,936,000	27,880,000
Cash and cash equivalents included in assets classified as held for sale		¥ 306,000

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Parenthetical) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)
Statement of cash flows [abstract]
Gain on disposal of subsidiaries	¥ 73,846
Cash classified as held for sale	¥ 306

GENERAL INFORMATION

GENERAL INFORMATION	12 Months Ended
GENERAL INFORMATION	Dec. 31, 2023
Notes and other explanatory information [abstract]
GENERAL INFORMATION	1. GENERAL INFORMATION Antelope Enterprise Holdings Limited (“Antelope Enterprises” or the “Company”), formerly known as China Ceramics Co., Ltd (“CCCL”), is a British Virgin Islands company operating under the BVI Business Companies Act (2004) with its shares listed on the NASDAQ (“symbol: AEHL”). Its predecessor company, China Holdings Acquisition Corp. (“CHAC”), was incorporated in Delaware on June 22, 2007, and was organized as a blank check company for the purpose of acquiring, through a stock exchange, asset acquisition or other similar business combination, or controlling, through contractual arrangements, an operating business, that has its principal operations in Asia. The Company has no operations and has no assets or liabilities of consequence outside its investments in its operating subsidiaries. The head office of the Company is located at Junbing Industrial Zone, Jinjiang City, Fujian Province, the People’s Republic of China (“PRC”). On November 20, 2009, CHAC merged with and into Antelope Enterprises, its wholly owned British Virgin Islands subsidiary, with Antelope Enterprise surviving the merger (the “Redomestication”). On the same day, pursuant to the terms of a merger and stock purchase agreement dated August 19, 2009 (the “acquisition agreement”), Antelope Enterprise acquired all of the outstanding securities of Success Winner Limited (“Success Winner”) held by Mr. Wong Kung Tok in exchange for US$ 10.00 5,743,320 8,950,171 Prior to the Success Winner Acquisition on November 20, 2009, neither CHAC nor Antelope Enterprises had an operating business. Jinjiang Hengda Ceramics Co., Ltd. (“Hengda”), which became the operating entity of Antelope Enterprise in connection with the Success Winner Acquisition, was established on September 30, 1993 under the laws of PRC with 15 85 Hengda is principally engaged in the manufacture and sale of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings. Hengda’s owners reorganized the corporate structure in 2008 and 2009 (the “Hengda Reorganization” or the “Reorganization”), as follows: Stand Best Creation Limited (“Stand Best”) was established on January 17, 2008 under the laws of Hong Kong with its paid-up share capital being HK$ 1.00 1 100 58,980,000 Success Winner Limited (“Success Winner”) was incorporated in the British Virgin Islands on May 29, 2009 as a limited liability company. Its paid-up and issued capital is US$ 1 1 On June 30, 2009, through a capitalization agreement between Mr. Wong Kung Tok and Stand Best, Stand Best capitalized a shareholder loan due to Mr. Wong Kung Tok in the amount of HK$ 67.9 58.9 9,999 1.00 On the same date, Mr. Wong Kung Tok transferred his ownership of the remaining 1 ordinary share of Stand Best to Success Winner, thus making Success Winner the sole parent company of Stand Best. On January 8, 2010, Hengda completed the acquisition of all voting equity interests of Jiangxi Hengdali Ceramic Materials Co., Ltd. (“Hengdali” or the “Gaoan Facility”), located in Gaoan, Jiangxi Province (the “Hengdali Acquisition”). Hengdali manufactures and sells ceramics tiles used for exterior siding and for interior flooring. In total, Hengda assumed loans of RMB 60.0 185.5 On September 22, 2017, Success Winner incorporated a 100 1 On November 20, 2019, Vast Elite incorporated a 100 On December 3, 2019, Success Winner incorporated a 100 On May 5, 2020, Antelope HK incorporated a 100 On August 10, 2021, Antelope HK incorporated a 100 On August 11, 2021, Antelope HK incorporated a 100 On August 23, 2021, Antelope Hainan incorporated a 100 On September 9, 2021, Antelope Future incorporated a 100 On September 18, 2021, Antelope Ruicheng incorporated a 51 On October 28, 2022, Hainan Kylin incorporated a 100 On November 2, 2022, Hainan Kylin incorporated a 100 On January 4, 2023, Antelope Enterprise Holdings Limited incorporated a 100 On February 15, 2023, Hainan Kylin incorporated a 100 On August 15, 2023, Hainan Kylin incorporated a 100 On August 18, 2023, Hainan Kylin incorporated a 100 Since the ceramic tiles manufacturing business of the Company has experienced significant hurdles due to the significant slowdown of the real estate sector and the impacts of COVID-19 in China, the Company plans to divest its ceramic tiles manufacturing business, which is conducted through the Company’s subsidiaries, Stand Best, Hengda and Hengdali (the “Target”). On December 30, 2022, Stand Best and an unaffiliated entity, New Stonehenge Limited, entered into a purchase agreement, pursuant to which, Stand Best agreed to sell 100 5 8.5 5 100 100 On February 21, 2023, the shareholders of the Company approved and adopted an amended and restated memorandum and articles of association (the “Amended M&A”), which changed the authorized issued share capital of the Company from US$ 4,800,000 200,000,000 0.024 250,000,000 200,000,000 50,000,000 50,000,000 977,755 977,755 Antelope Enterprise Holdings Limited and its subsidiaries’ (the “Company”) corporate structure as of December 31, 2023 is as follows: SCHEDULE OF CHINA CERAMICS AND ITS SUBSIDIARIES CORPORATE STRUCTURE Name Place and date of incorporation or establishment/ operations Nominal value of issued ordinary share /registered capital Percentage of equity attributable to the Company Principal activities Direct Indirect Antelope USA Delaware, USA, January 4, 2023 US$ 1,000 100 — Holding company Success Winner Limited British Virgin Islands, May 29, 2009 US$ 1 100 — Investment holding Vast Elite Limited Hong Kong, September 22, 2017 HKD 1 — 100 Trading of building material Chengdu Future Talented Management and Consulting Co, Ltd (note 2) PRC, November 20, 2019 RMB 30,000,000 — 100 Business management and consulting services Antelope Enterprise (HK) Holdings Limited Hong Kong, December 3, 2019 HKD 10,000 — 100 Investment holding Antelope Holdings (Chengdu) Co., Ltd (note 3) PRC, May 9, 2020 USD 10,000,000 — 100 Business management and consulting services Hainan Antelope Holdings Co., Ltd (note 4) PRC, August 10, 2021 USD 10,000,000 — 100 Business management and consulting services Antelope Future (Yangpu) Investment Co., Ltd (note 5) PRC, August 11, 2021 USD 10,000,000 — 100 Business management and consulting services Antelope Investment (Hainan) Co., Ltd (note 6) PRC, August 23, 2021 RMB 50,000,000 — 100 Business management and consulting services Antelope Ruicheng Investment (Hainan) Co., Ltd (note 7) PRC, September 9, 2021 RMB 50,000,000 — 100 Business management and consulting services Hainan Kylin Cloud Services Technology Co., Ltd (note 8) PRC, September 18, 2021 RMB 5,000,000 — 51 Business management and consulting services Hangzhou Kylin Cloud Services Technology Co., Ltd (note 9) PRC, October 28, 2022 RMB 5,000,000 — 51 Business management and consulting services Anhui Kylin Cloud Services Technology Co., Ltd (note 10) PRC, November 2, 2022 RMB 5,000,000 — 51 Business management and consulting services Wenzhou Kylin Cloud Services (note 11) PRC, February 15, 2023 RMB 5,000,000 - 51 Business management and consulting services Hubei Kylin Cloud Services Technology Co., Ltd (note 12) PRC, August 15, 2023 RMB 5,000,000 — 51 Business management and consulting services Jiangxi Kylin Cloud Services Technology Co., Ltd (note 13) PRC, August 18, 2023 RMB 5,000,000 — 51 Business management and consulting services Note: 1. The registered capital of Hengda, Hengdali, Vast Elite and Antelope HK had been fully paid up. 2. Chengdu Future is allowed to pay the registered capital in full before November 12, 2049. 3. Antelope Chengdu is allowed to pay the registered capital in full before April 13, 2060. 4. Hainan Antelope is allowed to pay the registered capital in full before December 31, 2041. 5. Antelope Future is allowed to pay the registered capital in full before December 31, 2051. 6. Antelope Investment is allowed to pay the registered capital in full before December 31, 2041. 7. Antelope Ruicheng is allowed to pay the registered capital in full before December 31, 2051. 8. Hainan Kylin is allowed to pay the registered capital in full before September 16, 2050. 9. Hangzhou Kylin is allowed to pay the registered capital in full before October 21, 2042. 10. Anhui Kylin is allowed to pay the registered capital in full before October 31, 2042. 11. Wenzhou Kylin is allowed to pay the registered capital in full before February 15, 2043. 12. Hubei Kylin is allowed to pay the registered capital in full before August 15, 2045. 13. Jiangxi Kylin is allowed to pay the registered capital in full before August 15, 2053. On September 3, 2020, the Company effected a reverse stock split, every three issued and outstanding ordinary shares as of the effective date will automatically be combined into one issued and outstanding share 9.2 3.1 0.008 0.024 On September 18, 2023, the Company effected a one-for-ten reverse split of its issued and outstanding Class A ordinary shares. The consolidated statements of financial position as of December 31, 2023 and 2022, and consolidated statements of comprehensive loss for the years ended December 31, 2023, 2022 and 2021 were retroactively restated to reflect this reverse split.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Dec. 31, 2023
Summary Of Significant Accounting Policies
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 2.1 Basis of preparation The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRSs”) as issued by the International Accounting Standards Board (“IASB”), which collective term includes all applicable individual International Financial Reporting Standards, International Accounting Standards and Interpretations issued by the IASB. The significant accounting policies that have been used in the preparation of these consolidated financial statements are summarized below. These policies have been consistently applied to all the years presented unless otherwise stated. The adoption of new or amended IFRSs and the impacts on the Company’s financial statements, if any, are disclosed in Note 3. The COVID-19 pandemic has created and may continue to create significant uncertainty in macroeconomic conditions, which may cause further business slowdowns or shutdowns, depress demand for the Company’s business, and adversely impact its results of operations. During the years ended December 31, 2022 and 2021, the Company faced increasing uncertainties around its estimates of revenue collectability, accounts receivable credit losses, impairment of inventory and long-lived assets. The Company expects uncertainties around its key accounting estimates to continue to evolve depending on the duration and degree of impact associated with the COVID-19 pandemic. Its estimates may change as new events occur and additional information emerges, and such changes are recognized or disclosed in its consolidated financial statements. Judgments made by management in the application of IFRSs that have significant effect on the financial statements and major sources of estimation uncertainty are discussed in Note 4. However, Since January 2023, China has dropped all COVID restrictions. The consolidated financial statements have been prepared on the historical cost basis, except for derivative financial instruments that have been measured at fair value. The preparation of financial statements in conformity with IFRSs requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors believed to be reasonable under the circumstances, the results of which form the basis of making the judgements about carrying amounts of assets and liabilities not readily apparent from other sources. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. Judgments made by management in the application of IFRSs that have significant effect on the financial statements and major sources of estimation uncertainty are discussed in Note 4. The consolidated financial statements were approved and authorized for issue by the Board of Directors on April XX, 2024 . 2.2 Basis of consolidation (i) 100% owned Subsidiaries The Success Winner Acquisition on November 22, 2009 has been accounted for as a reverse recapitalization. The acquisition agreement resulted in the former owner of Success Winner obtaining effective operating and financial control of the combined entity. Prior to the acquisition, Antelope Enterprise had no operating business. Accordingly, the acquisition does not constitute a business combination for accounting purposes and is accounted for as a capital transaction. That is, the transaction is in substance a reverse recapitalization, equivalent to the issuance of equity interests by Success Winner for the net monetary assets of Antelope Enterprise accompanied by a recapitalization. The consolidated financial statements are a continuation of the financial statements of Success Winner. The assets and liabilities of Antelope Enterprise are recognized at their carrying amounts at the date of acquisition with a corresponding credit to the consolidated equity and no goodwill or other intangible assets are recognized. The equity of the combined entity recognized at the date of acquisition represents the equity balances of Success Winner together with the deemed proceeds from the reverse recapitalization determined as described above. However, the equity structure presented in the consolidated financial statements (number and values of equity instruments issued) reflects the equity structure of the legal parent, Antelope Enterprise. Costs directly attributable to the transaction have been debited to equity to the extent of net monetary assets received. Success Winner and its subsidiaries as a group is regarded as a continuing entity resulting from the Hengda Reorganization since the management of all the entities which took part in the Reorganization were controlled by the same director and shareholder before and immediately after the Reorganization. Immediately after the Reorganization, there was a continuation of the control over the entities’ financial and operating policy decision and risk and benefits to the ultimate shareholders that existed prior to the Reorganization. Accordingly, the reorganization has been accounted for as a reorganization under common control and the financial statements of Success Winner, Stand Best and Hengda have been combined on the basis of merger accounting for all periods presented. The assets and liabilities of the combining entities or businesses are combined using the existing book values from the controlling party’s perspective. No amount is recognized as consideration for goodwill or excess of the acquirer’s interest in the net fair values of the acquiree’s identifiable assets, liabilities and contingent liabilities over cost at the time of the common control combination. The consolidated statement of comprehensive income includes the results of each of the combining entities or businesses from the earliest date presented or the date of their incorporation/establishment or since the date when the combining entities or businesses first came under common control, where this is a shorter period, regardless of the date of the common control combination. The Hengdali Acquisition on January 8, 2010 has been accounted for as a business combination using the acquisition method. Hengdali is a subsidiary of the Company, and the Company has the power to govern the financial and operating policies which accompanies its shareholding of 100% of the voting rights in Hengdali. Therefore, Hengdali as a subsidiary is fully consolidated from January 8, 2010, the date on which control was transferred to the Company. The accounting for the Hengdali Acquisition under the acquisition method, treats the consideration transferred for the acquisition of Hengdali as the fair values of the assets transferred, the liabilities incurred and the equity interests issued by the Company. The consideration transferred includes the fair value of any asset or liability resulting from a contingent consideration arrangement. Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in this business combination are measured initially at their fair values at the acquisition date. The excess of the consideration transferred over the fair value of the identifiable net assets acquired is recorded as goodwill. The Company’s financial statements consolidate those of the Company and all of its subsidiaries as of December 31, 2023. Subsidiaries are entities controlled by the Company. The Company controls an entity when it is exposed, or has rights, to variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. When assessing whether the Company has power, only substantive rights (held by the Company and other parties) are considered. All subsidiaries have a reporting date of December 31. An investment in a subsidiary is consolidated into the consolidated financial statements form the date that control commences until the date that control ceases. Inter-company transactions, balances and unrealized gains or losses on transactions between group companies are eliminated. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the Company. (ii) Non-controlling interests Antelope Ruicheng owns 51% of Hainan Kylin, while non-controlling interest owns 49% of Hainan Kylin. Hainan Kylin 100% owns Hangzhou Kylin, Anhui Kylin, Wenzhou Kylin, Hubei Kylin and Jiangxi Kylin. Non-controlling interests in the financial results and equity of subsidiaries are shown separately in the Consolidated Statements of Comprehensive Income (Loss), Consolidated Statements of Financial Position and Consolidated Statements of Changes in Equity respectively. 2.3 Foreign currency translation The financial statements are presented in RMB (to the nearest thousand), being the currency that best reflects the economic substance of the underlying events and circumstances relevant to the Company. The Company’s operations are conducted through the subsidiaries in the People’s Republic of China (“PRC”). The functional currency of these subsidiaries in China is Renminbi (“RMB”). The functional currency of Antelope Enterprise and Antelope HK is the United State dollars (US$). The functional currency of Vast Elite is Hong Kong dollar. In the individual financial statements of the consolidated entities, foreign currency transactions are translated into the functional currency of the individual entity using the exchange rates prevailing at the dates of the transactions. At the reporting date, monetary assets and liabilities denominated in foreign currencies are translated at the foreign exchange rates ruling at that date. Foreign exchange gains and losses resulting from the settlement of such transactions and from the reporting date retranslation of monetary assets and liabilities are recognized in profit or loss. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the date when the fair value was determined and are reported as part of the fair value gain or loss. Non-monetary items that are measured in terms of historical cost in a foreign currency are not retranslated. In the consolidated financial statements, all individual financial statements of foreign operations, originally presented in a currency different from the Company’s presentation currency, have been converted into Renminbi. Assets and liabilities have been translated into Renminbi at the closing rates at the reporting date. Income and expenses have been converted into Renminbi at the exchange rates ruling at the transaction dates, or at the average rates over the reporting period provided that the exchange rates do not fluctuate significantly. Any differences arising from this procedure have been recognized in other comprehensive income and accumulated separately in the currency translation reserve in equity. When a foreign operation is sold, such exchange differences are reclassified from equity to profit or loss as part of the gain or loss on sale. The translation of certain RMB amounts as of and for the year ended December 31, 2023 into US$ is included in these financial statements solely for the convenience of readers and was made at the rate of RMB 7.10 1.00 2.4 Property, plant and equipment Leasehold land and buildings for own use When a lease includes both land and building elements, the Company assesses the classification of each element as a finance or an operating lease separately based on the assessment as to whether substantially all the risks and rewards incidental to ownership of each element have been transferred to the Company, unless it is clear that both elements are operating leases in which case the entire lease is classified as an operating lease. Specifically, the minimum lease payments (including any lump sum upfront payments) are allocated between the land and the building elements in proportion to the relative fair values of the leasehold interests in the land element and building element of the lease at the inception of the lease. To the extent the allocation of the lease payments can be made reliably, interest in leasehold land that is accounted for as an operating lease is presented as “land use rights” in the consolidated statements of financial position and is amortized over the lease term on a straight-line basis. All buildings are depreciated over their expected useful lives of 40 Other property, plant and equipment Property, plant and equipment are stated in the consolidated statements of financial position at cost less any accumulated depreciation and any accumulated impairment losses. Depreciation is provided to write off the cost less their residual values over their estimated useful lives as follows, using the straight-line method: SCHEDULE OF DEPRECIATION USING STRAIGHT-LINE METHOD Plant and machinery 10 Motor vehicles 10 Office equipment 5 The assets’ residual values, depreciation methods and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. The carrying amount of the replaced part is derecognized. All other costs, such as repairs and maintenance, are charged to profit or loss during the financial period in which they are incurred. An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount. The gain or loss arising on retirement or disposal is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognized in profit or loss. 2.5 Investment property Investment properties are properties held to earn rentals or for capital appreciation. Investment properties are initially measured at historical cost, including any directly attributable expenditure. Subsequent to initial recognition, investment properties are measured at their historical cost less any accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. The carrying amount of the replaced part is derecognized. All other costs, such as repairs and maintenance, are charged to profit or loss during the financial period in which they are incurred. An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount. The gain or loss arising on retirement or disposal is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognized in profit or loss. An investment property is derecognized upon disposal or when the investment property is permanently withdrawn from use or no future economic benefits are expected from its disposal. Any gain or loss arising on derecognition of the property (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in profit or loss in the period in which the item is derecognized. As a result of disposal subsidiaries, the investment property balance on the balance sheet date became zero. 2.6 Land use rights Upfront payments made to acquire land held under an operating lease are stated at cost less accumulated amortization and any accumulated impairment losses. Amortization is calculated on a straight line basis over the leasing period of 50 2.7 Goodwill Goodwill arising on an acquisition of a business is carried at cost as established at the date of acquisition of the business less accumulated impairment losses, if any. For the purposes of impairment testing, goodwill is allocated to each of the Company’s cash-generating units, or groups of cash-generating units, that is expected to benefit from the synergies of the combination. A cash-generating unit to which goodwill has been allocated is tested for impairment annually, or more frequently whenever there is indication that the unit may be impaired. If some or all of the goodwill allocated to a cash-generating unit was acquired in a business combination during the current annual period, that unit shall be tested for impairment before the end of the current annual period. If the recoverable amount of the cash-generating unit is less than the carrying amount, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit on a pro – rata basis based on the carrying amount of each asset in the unit. Any impairment loss for goodwill is recognized directly in profit or loss. An impairment loss recognized for goodwill is not reversed in subsequent periods. On disposal of the relevant cash generating unit, the attributable amount of goodwill is included in the determination of the profit or loss on disposal. 2.8 Inventories Inventories are carried at the lower of cost and net realizable value. Cost is determined using the weighted average basis, and in the case of work in progress and finished goods, comprises direct materials, direct labor and an appropriate proportion of overhead. Net realizable value is the estimated selling price in the ordinary course of business less the estimated cost of completion and applicable selling expenses. When inventories are sold, the carrying amount of those inventories is recognized as an expense in the period in which the related revenue is recognized. The amount of any write-down of inventories to net realizable value and all losses of inventories are recognized as an expense in the period the write-down or loss occurs. The amount of any reversal of any write-down of inventories is recognized as a reduction in the amount of inventories recognized as an expense in the period in which the reversal occurs. As a result of disposal subsidiaries, the inventory balance on the balance sheet date became zero. 2.9 Cash and cash equivalents Cash and cash equivalents include cash at bank and in hand, demand deposits with banks and short term highly liquid investments with original maturities of three months or less that are readily convertible into known amounts of cash and which are subject to an insignificant risk of changes in value. For the purpose of the statement of cash flows presentation, cash and cash equivalents include bank overdrafts which are repayable on demand and form an integral part of the Company’s cash management. 2.10 Financial instruments Financial assets and financial liabilities are recognized when a group entity becomes a party to the contractual provisions of the instrument. Financial assets and financial liabilities are initially measured at fair value except for trade debtors arising from contracts with customers which are initially measured in accordance with HKFRS 15 since 1 January 2019. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets or liabilities at fair value through profit or loss) are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at fair value through profit or loss are recognized immediately in profit or loss. The effective interest method is a method of calculating the amortized cost of a financial asset or financial liability and of allocating interest income and interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts and payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial asset or financial liability, or, where appropriate, a shorter period, to the net carrying amount on initial recognition. Interest income which are derived from the Company’s ordinary course of business are presented as revenue. Financial assets Classification and subsequent measurement of financial assets (upon application of IFRS 9) Financial assets that meet the following conditions are subsequently measured at amortized cost: ● the financial asset is held within a business model whose objective is to collect contractual cash flows; and ● the contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. All other financial assets are subsequently measured at fair value through profit or loss (“FVTPL”). A financial asset is classified as held for trading if: ● it has been acquired principally for the purpose of selling in the near term; or ● on initial recognition it is a part of a portfolio of identified financial instruments that the Company manages together and has a recent actual pattern of short-term profit-taking; or ● it is a derivative that is not designated and effective as a hedging instrument. In addition, the Company may irrevocably designate a financial asset that are required to be measured at the amortized cost as measured at FVTPL if doing so eliminates or significantly reduces an accounting mismatch. (i) Amortized cost and interest income Interest income is recognized using the effective interest method for financial assets measured subsequently at amortized cost. Interest income is calculated by applying the effective interest rate to the gross carrying amount of a financial asset, except for financial assets that have subsequently become credit-impaired. For financial assets that have subsequently become credit-impaired, interest income is recognized by applying the effective interest rate to the amortized cost of the financial asset from the next reporting period. If the credit risk on the credit-impaired financial instrument improves so that the financial asset is no longer credit-impaired, interest income is recognized by applying the effective interest rate to the gross carrying amount of the financial asset from the beginning of the reporting period following the determination that the asset is no longer credit impaired. (ii) Financial assets at FVTPL Financial assets that do not meet the criteria for being measured at amortized cost are measured at FVTPL. Financial assets at FVTPL are measured at fair value at the end of each reporting period, with any fair value gains or losses recognized in profit or loss. The net gain or loss recognized in profit or loss includes any dividend or interest earned on the financial asset and is included in the “other gains and losses” line item. Impairment of financial assets (upon application IFRS 9) The Company recognizes a loss allowance for expected credit loss (“ECL”) on financial assets which are subject to impairment under IFRS 9 (including trade and other receivables, bank deposits and bank balances). ECLs are based on the difference between the contractual cash flows due in accordance with the contract and all the cash flows that the Company expects to receive, discounted at an approximation of the original effective interest rate. The expected cash flows will include cash flows from the sale of collateral held or other credit enhancements that are integral to the contractual terms. The amount of ECL is updated at each reporting date to reflect changes in credit risk since initial recognition. General approach ECLs are recognized in two measurement bases. For credit exposures for which there has not been a significant increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible within the next 12-months (a 12-month ECL). For those credit exposures for which there has been a significant increase in credit risk since initial recognition, a loss allowance is required for credit losses expected over the remaining life of the exposure, irrespective of the timing of the default (a lifetime ECL). At each reporting date, the Company assesses whether the credit risk on a financial instrument has increased significantly since initial recognition. When making the assessment, the Company compares the risk of a default occurring on the financial instrument as at the reporting date with the risk of a default occurring on the financial instrument as at the date of initial recognition and considers reasonable and supportable information that is available without undue cost or effort, including historical and forward looking information. The Company considers a financial asset in default when contractual payments are 90 days past due. However, in certain cases, the Company may also consider a financial asset to be in default when internal or external information indicates that the Company is unlikely to receive the outstanding contractual amounts in full before taking into account any credit enhancements held by the Company. A financial asset is written off when there is no reasonable expectation of recovering the contractual cash flows. Financial assets at amortized cost are subject to impairment under the general approach and they are classified within the following stages for measurement of ECLs except for trade receivables which apply the simplified approach as detailed below. Stage 1 — Financial instruments for which credit risk has not increased significantly since initial recognition and for which the loss allowance is measured at an amount equal to 12-month ECLs Stage 2 — Financial instruments for which credit risk has increased significantly since initial recognition but that are not credit-impaired financial assets and for which the loss allowance is measured at an amount equal to lifetime ECLs Stage 3 — Financial assets that are credit-impaired at the reporting date (but that are not purchased or originated credit-impaired) and for which the loss allowance is measured at an amount equal to lifetime ECLs Simplified approach For trade receivables that do not contain a significant financing component or when the Company applies the practical expedient of not adjusting the effect of a significant financing component, the Company applies the simplified approach in calculating ECLs. Under the simplified approach, the Company does not track changes in credit risk, but instead recognizes a loss allowance based on lifetime ECLs at each reporting date. The Company assesses at the end of each reporting period whether there is any objective evidence that a financial asset or a group of financial assets is impaired. An impairment exists if one or more events that occurred after the initial recognition of the asset have an impact on the estimated future cash flows of the financial asset or the Company of financial assets that can be reliably estimated. Evidence of impairment may include indications that a debtor or a group of debtors is experiencing significant financial difficulty, default or delinquency in interest or principal payments, the probability that they will enter bankruptcy or other financial reorganization and observable data indicating that there is a measurable decrease in the estimated future cash flows, such as changes in arrears or economic conditions that correlate with defaults. Financial assets carried at amortized cost For financial assets carried at amortized cost, the Company first assesses whether impairment exists individually for financial assets that are individually significant, or collectively for financial assets that are not individually significant. If the Company determines that no objective evidence of impairment exists for an individually assessed financial asset, whether significant or not, it includes the asset in a group of financial assets with similar credit risk characteristics and collectively assesses them for impairment. Assets that are individually assessed for impairment and for which an impairment loss is, or continues to be, recognized are not included in a collective assessment of impairment. The amount of any impairment loss identified is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows (excluding future credit losses that have not been incurred). The present value of the estimated future cash flows is discounted at the financial asset’s original effective interest rate (i.e., the effective interest rate computed at initial recognition). The carrying amount of the asset is reduced through the use of an allowance account and the loss is recognized in profit or loss. Interest income continues to be accrued on the reduced carrying amount using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss. Loans and receivables together with any associated allowance are written off when there is no realistic prospect of future recovery and all collateral has been realized or has been transferred to the Company. If, in a subsequent period, the amount of the estimated impairment loss increases or decreases because of an event occurring after the impairment was recognized, the previously recognized impairment loss is increased or reduced by adjusting the allowance account. If a write-off is later recovered, the recovery is credited to other expenses in the statement of profit or loss. Classification and subsequent measurement of financial assets (before application of IFRS 9 on January 1, 2018) The Company’s financial assets are loans and receivables. The classification depends on the nature and purpose of the financial assets and is determined at the time of initial recognition. Loans and receivables Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. They are initially recognized at fair value. Subsequent to initial recognition, loans and receivables (including trade and other receivables, pledged bank deposits, fixed bank deposits with maturity periods over three months and bank balances) are measured at amortized cost using the effective interest method, less any identified impairment losses). Impairment of financial assets Financial assets are assessed for indicators of impairment at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the financial assets have been affected. Objective evidence of impairment could include: ● significant financial difficulty of the issuer or counterparty; or ● breach of contract, such as a default or delinquency in interest or principal payments; or ● it becoming probable that the borrower will enter bankruptcy or financial re-organization; or disappearance of an active market for that financial asset because of financial difficulties. If any such evidence exists, the impairment loss on trade receivables and other current receivables and other financial assets carried at amortized cost is measured as the difference between the asset’s carrying amount and the present value of the estimated future cash flows discounted at the financial asset’s original effective interest rate (i.e. the effective interest rate computed at initial recognition of these assets), where the effect of discounting is material. This assessment is made collectively where these financial assets share similar risk characteristics, such as sim

CHANGES IN ACCOUNTING POLICIES

CHANGES IN ACCOUNTING POLICIES AND DISCLOSURES	12 Months Ended
CHANGES IN ACCOUNTING POLICIES AND DISCLOSURES	Dec. 31, 2023
Notes and other explanatory information [abstract]
CHANGES IN ACCOUNTING POLICIES AND DISCLOSURES	3. CHANGES IN ACCOUNTING POLICIES AND DISCLOSURES 3.1 Accounting standards issued but not yet effective Up to the date of issue of these financial statements, the IASB has issued a number of amendments, new standards and interpretations which are not yet effective for the year ended December 31, 2023 and which have not been adopted in these financial statements. These include the following which may be relevant to the Group: Amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture (2) Amendments to IAS 1 Classification of Liabilities as Current or Non- current and Non-current Liabilities with Covenants (1) Amendments to IFRS 16 Lease Liability in a Sale and Leaseback (1) 1. Effective for annual periods beginning on or after January 1, 2024 2. The effective date of the amendments has yet to be set by the IASB; however, earlier application of the amendments is permitted The management of the Company anticipate that the application of all the new and amendments to IFRSs will have no material impact on the consolidated financial statements in the foreseeable future.

CRITICAL ACCOUNTING ESTIMATES A

CRITICAL ACCOUNTING ESTIMATES AND JUDGMENTS	12 Months Ended
CRITICAL ACCOUNTING ESTIMATES AND JUDGMENTS	Dec. 31, 2023
Notes and other explanatory information [abstract]
CRITICAL ACCOUNTING ESTIMATES AND JUDGMENTS	4. CRITICAL ACCOUNTING ESTIMATES AND JUDGMENTS The preparation of the Company’s consolidated financial statements requires management to make judgments, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, and the accompanying disclosures, and the disclosure of contingent liabilities. Uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment to the carrying amount of assets or liabilities affected in future periods. Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The key sources of estimation uncertainty and key assumptions concerning the future at the end of the reporting period, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below: Useful lives and impairment assessment of property, plant and equipment Property, plant and equipment are stated at cost less accumulated depreciation and identified impairment losses. The estimation of useful lives impacts the level of annual depreciation expenses recorded. Property, plant and equipment are evaluated for possible impairment on a specific asset basis or in groups of similar assets, as applicable. This process requires management’s estimate of future cash flows generated by each asset or group of assets. For any instance where this evaluation process indicates impairment, the relevant asset’s carrying amount is written down to the recoverable amount and the amount of the write-down is charged against profit or loss. Investment properties are stated at cost less accumulated depreciation and identified impairment losses. The estimation of useful lives impacts the level of annual depreciation expenses recorded. Investment properties are evaluated for possible impairment on a specific asset basis or in groups of similar assets, as applicable. This process requires management’s estimate of future cash flows generated by each asset or group of assets. For any instance where this evaluation process indicates impairment, the relevant asset’s carrying amount is written down to the recoverable amount and the amount of the write-down is charged against profit or loss. Impairment loss recognized in respect of property, plant and equipment As of December 31, 2023, the net carrying amount of property, plant and equipment was approximately RMB 1,146,000 1,006,000 No Impairment loss recognized in respect of investment property As of December 31, 2023, the net carrying amount of investment property was nil nil No Impairment loss recognized in respect of land use rights As of December 31, 2023, the net carrying amount of land use rights was nil nil No Impairment of goodwill Determining whether goodwill is impaired requires an estimation of the value in use of the cash-generating units to which goodwill has been allocated. The value in use calculation requires the Company to estimate the future cash flows expected to arise from the cash-generating unit and a suitable discount rate in order to calculate present value. Where the actual future cash flows are less than expected, a material impairment loss may arise. No Income tax The Company has exposure to income taxes in the PRC. Significant judgment is required in determining the provision for income taxes. There are certain transactions and computations for which the ultimate tax determination is uncertain during the ordinary course of business. The Company recognizes liabilities for expected tax issues based on estimates of whether additional taxes will be due. When the final tax outcome of these matters is different from the amounts that were initially recognized, such differences will impact the income tax and deferred tax provisions in the period in which such determination is made. The carrying amounts of the Company’s income tax payable as of December 31, 2023 and 2022 were RMB 40,000 93,000 Provision for deferred tax Determining income tax provisions involves judgement on the future tax treatment of certain transactions. The management evaluates tax implications of transactions and tax provisions are set up accordingly. The tax treatment of such transactions is reconsidered periodically to take into account all changes in tax legislation. Deferred tax assets are recognized for tax losses not yet used and temporary deductible differences. As those deferred tax assets can only be recognized to the extent that it is probable that future taxable profit will be available against which the unused tax credits can be utilized, management’s judgement is required to assess the probability of future taxable profits. Management’s assessment is constantly reviewed and additional deferred tax assets are recognized if it becomes probable that future taxable profits will allow the deferred tax asset to be recovered. Impairment of trade receivables The Company recognizes a loss allowance for expected credit loss (“ECL”) on financial assets which are subject to impairment under IFRS 9 (including trade and other receivables, amounts due from related parties, restricted cash, bank balances and cash). The amount of ECL is updated at each reporting date to reflect changes in credit risk since initial recognition. Lifetime ECL represents the ECL that will result from all possible default events over the expected life of the relevant instrument. In contrast, 12-month ECL (“12m ECL”) represents the portion of lifetime ECL that is expected to result from default events that are possible within 12 months after the reporting date. Assessment are done based on the Company’s historical credit loss experience, adjusted for factors that are specific to the debtors, general economic conditions and an assessment of both the current conditions at the reporting date as well as the forecast of future conditions. The Company applies the IFRS 9 simplified approach to measure ECL which uses a lifetime ECL for all trade receivables. The ECL on these assets are assessed individually for debtors with significant balances and/or collectively using a provision matrix with appropriate groupings. For all other instruments, the Company measures the loss allowance equal to 12m ECL, unless when there has been a significant increase in credit risk since initial recognition, the Company recognizes lifetime ECL. The assessment of whether lifetime ECL should be recognized is based on significant increases in the likelihood or risk of a default occurring since initial recognition. The Company recognized provision for bad debt (reversal) expense of RMB nil (2,751,000) (1,000,000) 33,365,000 nil nil Net realizable value of inventories Net realizable value of inventories is the management’s estimation of future selling price in the ordinary course of business, less estimated costs of completion and selling expenses. These estimates are based on the current market condition and the historical experience of selling products of a similar nature. It could change significantly as a result of various market factors. The net carrying amounts of the Company’s inventories as of December 31, 2023 and 2022 were RMB nil nil Share-based payment transaction The Company measures the cost of equity-settled transactions with employees by reference to the fair value of the equity instruments at the date at which they are granted. Estimating fair value for share-based payment transactions requires determining the most appropriate valuation model, which is dependent on the terms and conditions of the grant. This estimate also requires determining the most appropriate inputs to the valuation model including the expected life of the stock option, volatility and dividend yield and making assumptions about them. The assumptions and models used for estimating fair value for share-based payment transactions are disclosed in Note 27.

REVENUE AND OTHER INCOME

REVENUE AND OTHER INCOME	12 Months Ended
REVENUE AND OTHER INCOME	Dec. 31, 2023
Notes and other explanatory information [abstract]
REVENUE AND OTHER INCOME	5. REVENUE AND OTHER INCOME Revenue comprises the fair value of the consideration received or receivable for the sale of goods. An analysis of the Company’s revenue and other income is as follows: SCHEDULE OF ANALYSIS ABOUT COMPANY'S REVENUE AND OTHER INCOME 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Revenue Continuing operations Business management and consulting 7,142 12,662 13,026 Livestreaming ecommerce 503,404 273,685 58,501 Discontinued operations Sale of goods (Note 30) 2,701 37,696 144,743 Total revenue 513,247 324,043 216,270 Total revenues 513,247 324,043 216,270 Other income Continuing operations Interest income 2,138 10 10 Foreign exchange gain — 73 — Government grant 302 — - Other 1,288 2,883 22 Discontinued operations Other income (Note 30) 5,716 14,244 9,388 Total other income 9,444 17,210 9,420 b) Segment reporting The Company identifies operating segments and prepares segment information based on the regular internal financial information reported to the Chief Executive Officer and executive directors, who are the Company’s chief operating decision makers for their decisions about the allocation of resources to the Company’s business components and for their review of the performance of those components. All of the Company’s operations are considered by the chief operating decision makers to be aggregated into two reportable operating segments: 1) the manufacture and sale of standard to high-end ceramic tiles, 2) the business management consulting, information system technology consulting services including the sales of software use rights for digital data deposit platforms and asset management systems, and online social media platform development and consulting. Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the Company’s chief operating decision makers in deciding how to allocate resources and in assessing performance. The business of the Company is engaged entirely in the PRC. The Chief Executive Officer and executive directors regularly review the Company’s business as one geographical segment. The following table shows the Company’s operations by business segment for the years ended December 31, 2023, 2022 and 2021. SCHEDULE OF OPERATIONS BY BUSINESS SEGMENT 2023 2022 2021 For the year Ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Revenues Discontinued operations Sales of tile products 2,701 37,696 144,743 Continuing operations Consulting income / software 7,142 12,662 13,026 Livestreaming ecommerce 503,404 273,685 58,501 Total revenues 513,247 324,043 216,270 Cost of revenues Discontinued operations Sales of tile products 7,557 41,245 83,436 Continuing operations Consulting income / software 13,860 12,819 10,002 Livestreaming ecommerce 443,633 245,612 55,491 Total cost of revenues 465,050 299,676 148,929 Operating costs and expenses Discontinued operations Sales of tile products 3,245 25,324 20,292 Continuing operations Consulting income / software 7,330 4,613 9,760 Livestreaming ecommerce 60,285 25,167 195 Other 74,799 9,380 10,677 Total operating costs and expenses 145,659 64,484 40,924 Bad debt expense (reversal) Discontinued operations Sales of tile products (1,000 ) 33,365 115,407 Continuing operations Consulting income / software — 1,000 4,854 Livestreaming ecommerce — (3,751 ) 5,293 Total bad debt expense (reversal) (1,000 ) (30,614 ) 125,554 Other expense Discontinued operations Sales of tile products — — 90 Continuing operations Consulting income / software — 36 34 Livestreaming ecommerce — 6 — Other 1,204 — — Total other expense 1,204 42 124 Other income Discontinued operations Sales of tile products 5,716 14,244 9,389 Continuing operations Consulting income / software 87 115 29 Livestreaming ecommerce 354 2,148 — Other 3,287 703 2 Total other income 9,444 17,210 9,420 Loss from operations Discontinued operations Sales of tile products (1,385 ) (47,994 ) (65,093 ) Continuing operations Consulting income / software (13,961 ) (5,691 ) (11,595 ) Livestreaming ecommerce (160 ) 8,929 (2,478 ) Other (72,716 ) (8,677 ) (10,675 ) Loss from operations (88,222 ) (53,433 ) (89,841 ) As of As of December 31, December 31, 2023 2022 Segment assets Discontinued operations Sale of tile products — 74,675 Continuing operations Business management and consulting 51,336 15,924 Livestreaming ecommerce 13,513 15,004 Others 56,653 4,403 Total assets 121,502 110,006

FINANCE COSTS

FINANCE COSTS	12 Months Ended
FINANCE COSTS	Dec. 31, 2023
Notes and other explanatory information [abstract]
FINANCE COSTS	6. FINANCE COSTS Finance costs comprise interest expense recognized from lease liabilities upon application of IFRS 16 and interest expense on convertible note: SCHEDULE OF INTEREST EXPENSE ON THE COMPANY’S BANK BORROWINGS 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Interest on lease liability– continuing operations — 25 51 Interest on lease liability - discontinued operations (Note 30) 293 1,479 2,115 Interest expense on convertible note 975 — —

LOSS BEFORE TAXATION

LOSS BEFORE TAXATION	12 Months Ended
LOSS BEFORE TAXATION	Dec. 31, 2023
Notes and other explanatory information [abstract]
LOSS BEFORE TAXATION	7. LOSS BEFORE TAXATION The Company’s loss before taxation is arrived at after charging: SCHEDULE OF LOSS BEFORE TAXATION 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Cost of inventories recognized as expense (1) 7,557 41,245 148,929 Depreciation expenses 361 266 96 Amortization of land use rights — — — Right-of-use asset amortization charge 4,267 13,285 14,067 Auditors’ remuneration – Audit fees 2,070 2,003 1,898 – Audit-related fees — — — Auditor's remuneration for other services 2,070 2,003 1,898 Directors’ remuneration – salaries and related cost 425 1,619 1,656 – retirement scheme contribution 19 13 16 – share-based payments 7,037 — — Key management personnel (other than directors) – salaries and related cost 1,360 712 639 – retirement scheme contribution 125 16 23 – share-based payments 6,070 2,050 1,835 Research and development personnel – salaries and related cost 422 439 644 – retirement scheme contribution — 81 111 Other personnel – salaries and related cost 5,246 6,093 7,493 – retirement scheme contribution 610 1,262 1,318 Total employee benefit expenses 21,314 12,285 13,735 (1) Cost of inventories recognized as expense for discontinued operation included staff costs of RMB 159,000 2,539,000 4,065,000 32,000 556,108 756,704 nil nil nil 4,267,000 12,801,485 12,801,485 nil (4,045,000) (99,237,173)

INCOME TAX EXPENSE

INCOME TAX EXPENSE	12 Months Ended
INCOME TAX EXPENSE	Dec. 31, 2023
Notes and other explanatory information [abstract]
INCOME TAX EXPENSE	8. INCOME TAX EXPENSE SCHEDULE OF INFORMATION ABOUT INCOME TAX EXPENSES 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Continuing operations Current Tax: PRC Income Tax 83 209 217 Reversal of income tax refundable — — — Current tax expense (income) and adjustments for current tax of prior periods Deferred tax expense — — — Tax per financial statements 83 209 217 Discontinued operations did not incur any income tax expense for the years ended December 31, 2023, 2022 and 2021. Reconciliation between income tax expense and loss before taxation at applicable tax rates is as follows: SCHEDULE OF RECONCILIATION BETWEEN INCOME TAX EXPENSES (CREDIT) AND (LOSS) PROFIT BEFORE TAXATION AT APPLICABLE TAX RATES 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Loss before taxation including discontinued entities (14,375 ) (53,435 ) (89,841 ) Tax calculated at a tax rate of 25% (3,445 ) (13,359 ) (22,460 ) Tax effect on different tax rates of group entities operating in other jurisdictions 21,125 4,705 5,163 Change in net operating losses (17,597 ) 8,863 17,514 Tax per financial statements 83 209 217 British Virgin Islands Profits Tax The Company has not been subject to any taxation in this jurisdiction for the years ended December 31, 2023, 2022 and 2021. Hong Kong Profits Tax The subsidiary in Hong Kong is subject to tax charged on Hong Kong sourced income with a statutory tax rate of 8.25 2,000,000 16.5 2,000,000 PRC Income Tax Under the Enterprise Income Tax (“EIT”) Law of the PRC, domestic enterprises and Foreign Investment Enterprises (the “FIE”) are usually subject to a unified 25 From January 1, 2021 to December 31, 2021, small and low-profit enterprises with annual taxable income not exceeding RMB 1 million, the actual income to be taxed was further lowered to 12.5% of annual taxable income, and the tax rate will be 20%; From January 1, 2022 to December 31, 2024, small and low-profit enterprises with annual taxable income exceeding RMB 1 million but not more than RMB 3 million, the actual income to be taxed will be further lowered at 25% of annual taxable income, and the corporate income tax is paid at the rate of 20% Under the prevailing EIT Law and its relevant regulations, any dividends paid by the Company’s PRC subsidiaries to an overseas parent made out of profits earned after January 1, 2008 to non-PRC corporate residents are subject to a 10 5 Dividends withholding tax represents tax charged/to be charged by the PRC tax authority on dividends distributed or intended to be distributed by the Company’s subsidiaries in Mainland China during the years. The Company did no The Company’s PRC subsidiaries, have cumulative undistributed earnings of RMB 22,420,000 75,114,000 88,164,000 1,121,003 3,266,000 4,408,000 US Income Tax The Company’s U.S. subsidiary is subject to U.S. income tax rate of 21

LOSS PER SHARE

LOSS PER SHARE	12 Months Ended
LOSS PER SHARE	Dec. 31, 2023
Notes and other explanatory information [abstract]
LOSS PER SHARE	9. LOSS PER SHARE SCHEDULE OF LOSS PER SHARE 2023 2022 2021 For the years ended December 31, 2023 2022 2021 Loss attributable to holders of ordinary shares (RMB’000): Net loss from continuing operations (86,801 ) (9,924 ) (19,077 ) Net loss from discontinued operations 72,461 (47,994 ) (69,675 ) Weighted average number of ordinary shares outstanding used in computing basic (loss)/earnings per share 2,220,209 836,880 514,774 Weighted average number of ordinary shares outstanding used in computing diluted (loss)/earnings per share 2,589,731 836,880 514,774 Loss per share - basic (RMB) - From continuing operations (39.10 ) (11.90 ) (37.10 ) - From discontinued operations 32.64 (57.30 ) (135.40 ) Loss per share - diluted (RMB) - From continuing operations (39.10 ) (11.90 ) (37.10 ) - From discontinued operations 27.98 (57.30 ) (135.40 ) Warrants to purchase common stock are not included in the diluted loss per share calculations when their effect is antidilutive. For the year ended December 31, 2023, about 369,522 370,175 186,841

LOAN RECEIVABLE

LOAN RECEIVABLE	12 Months Ended
LOAN RECEIVABLE	Dec. 31, 2023
Loan Receivable
LOAN RECEIVABLE	10. LOAN RECEIVABLE From March 31, 2023 to June 27, 2023, Anhui Zhongjun Enterprise Management Co., Ltd (“Anhui Zhongjun”) borrowed a total of RMB 36,780,000 from Antelope Enterprise Holdings (Chengdu) Co., Ltd with annual interest rate of 4.35% At December 31, 2023, the Company assessed whether the credit risk on a financial instrument has increased significantly since initial recognition, and concluded no loss allowance for expected credit loss (“ECL”) needs to be recorded for loan receivable as a result of the repayment date is not due yet.

NOTE RECEIVABLE

NOTE RECEIVABLE	12 Months Ended
NOTE RECEIVABLE	Dec. 31, 2023
Note Receivable
NOTE RECEIVABLE	11. NOTE RECEIVABLE On April 28, 2023, the Company completed the sale of Stand Best Creation Limited and its subsidiaries, Hengda and Hengdali, to New Stonehenge Limited for a total of RMB 58,744,000 8,500,000 5 9,404,000 2,006,000 At December 31, 2023, the Company assesse d

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
PROPERTY, PLANT AND EQUIPMENT	Dec. 31, 2023
Notes and other explanatory information [abstract]
PROPERTY, PLANT AND EQUIPMENT	12. PROPERTY, PLANT AND EQUIPMENT SCHEDULE OF INFORMATION ABOUT PROPERTY, PLANT AND EQUIPMENT Plant and Motor Office Buildings machinery vehicles equipment Total RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 Cost At January 1, 2022 18,271 746,042 5,369 2,065 771,747 Additions — — — 22 22 Transferred to assets classified as held for sale (18,271 ) (746,042 ) (4,225 ) (1,886 ) (770,424 ) At December 31,2022 — — 1,144 201 1,345 Additions — — 446 53 499 Disposals — — — — — At December 31, 2023 — — 1,590 254 1,844 Accumulated depreciation At January 1, 2022 1,845 349,382 3,802 1,601 356,630 Depreciation charge — — 217 49 266 Transferred to assets classified as held for sale (1,845 ) (349,382 ) (3,748 ) (1,582 ) (356,557 ) At December 31, 2022 — — 271 68 339 Depreciation charge — — 306 53 359 At December 31, 2023 — — 577 121 698 Impairment At January1, 2022 16,426 396,660 477 304 413,867 Transferred to assets classified as held for sale (16,426 ) (396,660 ) (477 ) (304 ) (413,867 ) At December 31, 2022 — — — — — Impairment losses recognized in loss — — — — — At December 31, 2023 — — — — — Carrying amount, net At December 31, 2022 — — 873 133 1,006 At December 31, 2023 — — 1,013 133 1,146 All property, plant and equipment held by the Company are located in the PRC. The Company’s buildings are situated on land under medium-term land use rights and were reclassified as assets held for sale as of December 31, 2022. For the buildings owned collectively by the Company and other three unrelated companies, the cost of buildings are stated according to the amounts paid by the Company for its part of buildings, which represent the Company’s interests in the buildings. Buildings are depreciated over their expected useful lives of 40 2,913,000 1,226,000 1,226,000 1,687,000 1,687,000 During the year ended December 31, 2021, Hengdali subleased all its land and buildings. The cost, accumulated depreciation and impairment of land and buildings were reclassified to investment property, which in turn was reclassified to assets held for sale as of December 31, 2022. The net effect on the consolidated balance sheet was nil.

INVESTMENT PROPERTY

INVESTMENT PROPERTY	12 Months Ended
INVESTMENT PROPERTY	Dec. 31, 2023
Notes and other explanatory information [abstract]
INVESTMENT PROPERTY	13. INVESTMENT PROPERTY SCHEDULE OF INFORMATION ABOUT INVESTMENT PROPERTY 2023 2022 RMB’000 RMB’000 Cost As of beginning of the year — 401,231 Transferred from property, plant and equipment — — Transferred from right-of-use assets — — Transferred to assets classified as held for sale — (401,231 ) As of end of the year — — Accumulated depreciation As of beginning of the year — (53,987 ) Depreciation for the year — — Transferred from property, plant and equipment — Transferred from right-of-use assets — Transferred to assets classified as held for sale — 53,987 As of end of the year — — Impairment for the year As of beginning of the year — (347,244 ) Investment property, beginning balance — (347,244 ) Transferred from property, plant and equipment — — Transferred from right-of-use assets — — Transferred to assets classified as held for sale — 347,244 As of end of the year — Investment property, ending balance — Carrying amount, net At December 31, 2023 and 2022 — — Investment property — — The Company’s investment property was reclassified as an asset held for sale as of December 31, 2022 and thus has no fair value. The fair value of this investment property, which is the estimation of the depreciated replacement cost, as of December 31, 2021 was RMB 269,900,000 However, due to the absence of the real estate ownership certificate, the Company assessed the recoverable amount of investment property, and determined that carrying amount was $ nil During the year ended December 31, 2021, Hengdali subleased all its land and buildings. The cost, accumulated depreciation and impairment of land and buildings were reclassified to investment property. The net effect on the consolidated balance sheet was nil.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
INTANGIBLE ASSETS	Dec. 31, 2023
Notes and other explanatory information [abstract]
INTANGIBLE ASSETS	14. INTANGIBLE ASSETS SCHEDULE OF INTANGIBLE ASSET Cost As of December 31, 2023 2022 RMB’000 RMB’000 Cost As of beginning of the year 7 — Addition — 7 Amortization for the year (2 ) (1 ) As of end of the year 7 7 Accumulated amortization As of beginning of the year (1 ) — Intangible assets and goodwill, beginning (1 ) — Amortization for the year (2 ) (1 ) As of end of the year (2 ) (1 ) Intangible assets and goodwill, ending (2 ) (1 ) Carrying amount - - At December 31, 2023 and 2022 4 6 Intangible assets consisted of a purchased software license as of December 31, 2023 and 2022. The amortization expense for the years ended December 31, 2023 and 2022 were RMB 2,000 1,000

FINANCIAL ASSETS

FINANCIAL ASSETS	12 Months Ended
FINANCIAL ASSETS	Dec. 31, 2023
FINANCIAL ASSETS	15. FINANCIAL ASSETS The following is an analysis of financial assets: SCHEDULE OF FINANCIAL ASSETS 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Unlisted financial assets 700 8,523 As of December 31, 2023 and 2022, the fair value of unlisted securities owned by the Company held in the bank amounted to RMB 700,000 8,523,000 During the year ended December 31, 2022, fair value unrealized gain of unlisted financial assets was RMB 130,000

INVENTORIES

INVENTORIES	12 Months Ended
INVENTORIES	Dec. 31, 2023
Notes and other explanatory information [abstract]
INVENTORIES	16. INVENTORIES SCHEDULE OF INFORMATION ABOUT INVENTORIES RMB’000 RMB’000 As of December 31, 2023 2022 RMB’000 RMB’000 Raw materials — — Work in progress — — Finished goods — — Inventories — — As of December 31, 2022, total inventory held by discontinued operations was RMB 28,749,000 The analysis of the amount of inventories recognized from discontinued operations as an expense and included in profit or loss is as follows: SCHEDULE OF ANALYSIS OF THE AMOUNT OF INVENTORIES RECOGNIZED AS AN EXPENSE AND INCLUDED IN PROFIT OR LOSS 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Discontinued operations Carrying amount of inventories sold — 45,290 248,166 Write down (reversal) of inventories (included in cost of sales) — (4,045 ) (99,237 ) Cost of inventories recognized from discontinued operations ending balance — 41,245 148,929

TRADE RECEIVABLES

TRADE RECEIVABLES	12 Months Ended
TRADE RECEIVABLES	Dec. 31, 2023
Notes and other explanatory information [abstract]
TRADE RECEIVABLES	17. TRADE RECEIVABLES SCHEDULE OF INFORMATION ABOUT TRADE RECEIVABLES 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Trade receivables — — Less: provision for bad debt allowance — — Trade receivables, net — — As of December 31, 2022, total trade receivables of discontinued operations were RMB 11,683,000 The Company’s trade receivables are denominated in Renminbi and non-interest bearing. As of December 31, 2023 and 2022, the Company accrued RMB nil 795,000,000 33,365,000

OTHER RECEIVABLES AND PREPAYMEN

OTHER RECEIVABLES AND PREPAYMENTS	12 Months Ended
OTHER RECEIVABLES AND PREPAYMENTS	Dec. 31, 2023
Other Receivables And Prepayments
OTHER RECEIVABLES AND PREPAYMENTS	18. OTHER RECEIVABLES AND PREPAYMENTS SCHEDULE OF INFORMATION ABOUT OTHER RECEIVABLES AND PREPAYMENTS 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Prepaid expense and prepayments 14,485 13,269 Security deposit — 109 Other receivables 5,895 5,802 Other receivables and prepayments 20,380 19,180 As of December 31, 2022, total other receivables and prepayments of discontinued operations was RMB 3,000,000 All of the other receivables and prepayments are expected to be recovered or recognized as expense within one year. The net carrying value of these balances is considered a reasonable approximation of fair value. Prepaid expense mainly consisted of advance payment to the vendors as of December 31, 2023 and 2022.

CASH AND BANK BALANCES

CASH AND BANK BALANCES	12 Months Ended
CASH AND BANK BALANCES	Dec. 31, 2023
Notes and other explanatory information [abstract]
CASH AND BANK BALANCES	19. CASH AND BANK BALANCES SCHEDULE OF CASH AND BANK BALANCES 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Cash on hand — — Cash at banks 3,808 3,936 Cash and bank balances 3,808 3,936 Cash and bank balances are denominated in the following currencies: SCHEDULE OF CASH AND BANK BALANCES THAT ARE DENOMINATED IN VARIOUS CURRENCIES 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Renminbi 3,619 3,104 Hong Kong dollars 1 2 US dollars 188 830 Cash and cash equivalents 3,808 3,936 As of December 31, 2022, total cash and bank balances held by discontinued operations was RMB 306,000 Bank balances denominated in Renminbi are deposited with banks in the PRC and are not freely convertible to foreign currencies. The conversion of these RMB denominated balances into foreign currencies is subject to the foreign exchange control rules and regulations promulgated by the PRC Government. Bank balances denominated in US dollars are mainly held in bank accounts in Hong Kong and the United States of America. Cash at banks and bank deposits comprise cash held by the Company and short-term bank deposits with an original maturity of three months or less. The deposits carry interest at prevailing market rates. Restricted cash As of December 31, 2023, the Company had restricted cash of RMB nil 2,069,000 nil nil nil

TRADE PAYABLES

TRADE PAYABLES	12 Months Ended
TRADE PAYABLES	Dec. 31, 2023
Notes and other explanatory information [abstract]
TRADE PAYABLES	20. TRADE PAYABLES SCHEDULE OF INFORMATION ABOUT TRADE PAYABLES As of December 31, 2023 2022 RMB’000 RMB’000 Trade payables — 3,079 Trade payables are denominated in Renminbi, non-interest bearing and generally settled within 120

ACCRUED LIABILITIES AND OTHER P

ACCRUED LIABILITIES AND OTHER PAYABLES	12 Months Ended
ACCRUED LIABILITIES AND OTHER PAYABLES	Dec. 31, 2023
Notes and other explanatory information [abstract]
ACCRUED LIABILITIES AND OTHER PAYABLES	21. ACCRUED LIABILITIES AND OTHER PAYABLES SCHEDULE OF INFORMATION ABOUT ACCRUED LIABILITIES AND OTHER PAYABLES 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Deposits received from distributors — — Accrued salary 488 402 Others 1,044 397 Current accrued expenses and other current liabilities 1,532 799 Accrued liabilities and other payables are denominated in the following currencies: SCHEDULE OF ACCRUED LIABILITIES AND OTHER PAYABLES DENOMINATED IN VARIOUS CURRENCIES As of December 31, 2023 2022 ‘000 ‘000 In Renminbi 1,532 799 In US dollars — — As of December 31, 2022, total accrued liabilities and other payables of discontinued operations was RMB 19,197,000 Deposits received represent deposits from the Company’s distributors. The Company usually requests a deposit from RMB 400,000 1,000,000 Accrued liabilities consist mainly of accrued rental, wages and utility expenses. Others consist mainly of advance from third-party individuals and companies, which bear no interest and payable upon demand. The carrying value of accrued liabilities and other payables is considered to be a reasonable approximation of fair value.

TAXES PAYABLE

TAXES PAYABLE	12 Months Ended
TAXES PAYABLE	Dec. 31, 2023
Taxes Payable
TAXES PAYABLE	22. TAXES PAYABLE SCHEDULE OF TAXES PAYABLE 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 VAT 1,902 436 Income tax 40 93 Property tax — — Other 51 53 Taxes payable 1,993 582 As of December 31, 2022, total taxes payable of discontinued operations was RMB 951,000

RIGHT-OF-USE ASSETS AND LEASES

RIGHT-OF-USE ASSETS AND LEASES LIABILITIES	12 Months Ended
RIGHT-OF-USE ASSETS AND LEASES LIABILITIES	Dec. 31, 2023
Notes and other explanatory information [abstract]
RIGHT-OF-USE ASSETS AND LEASES LIABILITIES	23. RIGHT-OF-USE ASSETS AND LEASES LIABILITIES (a) Amounts recognized in the consolidated statement of financial position The carrying amounts of right-of-use assets for lease are as below: SUMMARY OF CARRYING AMOUNTS OF RIGHT-OF-USE ASSETS FOR LEASE Net book amount at January 1, 2022 RMB 44,288,000 Net book amount at December 31, 2022 RMB 469,000 Net book amount at January 1, 2023 RMB 469,000 Net book amount at December 31, 2023 RMB nil As of December 31, 2022, total net book amount of right-of-use assets of discontinued operations amounts was RMB 30,937,000 During the year ended December 31, 2022, Hengdali subleased all its land and buildings. The cost, accumulated depreciation and impairment of land and buildings were reclassified to investment property. The net effect on the consolidated balance sheet was nil. The lease liabilities for continuing operations are as below: SCHEDULE OF LEASE LIABILITIES 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Lease liabilities - current — 328 Lease liabilities – noncurrent — 157 Total lease liabilities — 485 As of December 31, 2022, total lease liabilities of discontinued operations was RMB 33,325,000 Contractual undiscounted cash flows for the leases: SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS FOR THE LEASES As of December 31, 2023 Within one year One to five years Total contractual undiscounted cash flow RMB’000 RMB’000 RMB’000 — — — (b) Amounts recognized in the consolidated income statement The consolidated income statement shows the following amounts from continuing operations relating to leases: SUMMARY OF CONSOLIDATED INCOME STATEMENT SHOWING THE AMOUNTS RELATING TO LEASES Year ended December 31, 2023 Amortization charge of right-of-use assets — Interest expense — Year ended December 31, 2022 Amortization charge of right-of-use assets 484 Interest expense 25 Year ended December 31, 2021 Amortization charge of right-of-use assets 1,266 Interest expense 51 The consolidated income statement shows the following amounts from discontinued operations relating to leases: Year ended December 31, 2023 Amortization charge of right-of-use assets 4,267 Interest expense 293 Year ended December 31, 2022 Amortization charge of right-of-use assets 12,801 Interest expense 1,479 Year ended December 31, 2021 Amortization charge of right-of-use assets 12,801 Interest expense 2,115 The total cash outflow in financing activities for leases during the years ended December 31, 2023, 2022 and 2021 was RMB nil 358,000 1,144,000 The total cash outflow in financing activities from discontinued operations for leases during the years ended December 31, 2023, 2022 and 2021 was RMB 14,303,000 14,303,000 14,303,000

NOTE PAYABLE

NOTE PAYABLE	12 Months Ended
NOTE PAYABLE	Dec. 31, 2023
Notes and other explanatory information [abstract]
NOTE PAYABLE	24. NOTE PAYABLE Unsecured Promissory Note in December 2022 On December 12, 2022, the Company entered into a Note Purchase Agreement with an investor, pursuant to which the Company issued to the Purchaser an unsecured Promissory Note of $ 1,332,500 1,250,000 62,500 20,000 8 120 200,000 200,000 200,000 1 the Investor shall have the right to increase the balance of the Note by fifteen percent (15%) for Major Trigger Event (as defined in the Note) and five percent (5%) for Minor Trigger Event (as defined in the Note). In addition, the Note provides that upon occurrence of an Event of Default, the interest rate shall accrue on the outstanding balance at the rate equal to the lesser of twenty-two percent (22%) per annum or the maximum rate permitted under applicable law. During the year ended December 31, 2023, the Company amortized OID of RMB (US: $ 20,833 750,932 106,050 340,000 70,867 415,624 60,260 39,851 5,922 The Company recorded RMB 1,204,000 178,863 96,091 7,596,883 1,069,999 18,593 Unsecured Promissory Note in July 2023 On July 26, 2023, the Company entered into a Note Purchase Agreement with an investor, pursuant to which the Company issued to the Purchaser an unsecured Promissory Note of $ 1,070,000 1,000,000 50,000 20,000 8 120 200,000 160,000 160,000 the amount actually redeemed in such month or the Outstanding Balance will automatically increase by one percent (1%) as of such fifth (5th) day. Under the Note Purchase Agreement, while the Note is outstanding, the Company agreed to keep adequate public information available and maintain its Nasdaq listing. During the year ended December 31, 2023, the Company amortized OID of RMB 151,326 21,371 266,021 37,569 7,393,630 1,041,371 28,629

SHARE CAPITAL

SHARE CAPITAL	12 Months Ended
SHARE CAPITAL	Dec. 31, 2023
Notes and other explanatory information [abstract]
SHARE CAPITAL	25. SHARE CAPITAL On February 21, 2023, the shareholders of the Company approved and adopted an amended and restated memorandum and articles of association (the “Amended M&A”), which changed the authorized issued share capital of the Company from US$ 4,800,000 200,000,000 0.024 250,000,000 200,000,000 50,000,000 50,000,000 977,755 977,755 SCHEDULE OF INFORMATION ABOUT CLASSES OF SHARE CAPITAL December 31, 2023 December 31, 2022 Number Number of shares of shares Authorized: Preferred shares, no par value 50,000,000 50,000,000 Class A Ordinary shares, no par value 200,000,000 200,000,000 Class B Ordinary shares, no par value 50,000,000 50,000,000 December 31, 2023 December 31, 2022 Number Number of shares of shares Issued: 3,251,917 805,785 Outstanding and fully paid: Ordinary shares, no par value At January 1 805,785 597,610 Issuance of new shares for equity financing 1,062,472 166,667 Note conversion into shares 70,867 — Equity compensation 1,312,793 41,508 At December 31 3,251,917 805,785 On September 3, 2020, the Company effected a reverse stock split, every three issued and outstanding ordinary shares as of the effective date will automatically be combined into one issued and outstanding share. On September 18, 2023, the Company effected a one-for-ten reverse split of its issued and outstanding Class A ordinary shares. Equity Financing On February 12, 2021, the Company entered into a Securities Purchase Agreement with certain institutional investors for the sale of 588,235 3.57 588,235 2.1 five-year 3.57 five-year 1.86 In addition, the Placement Agent of this offering also received five-year 5% 4.46 six months five year SCHEDULE OF PRINCIPAL ASSUMPTIONS USED IN VALUATION Grant date (investors and placement agent, respectively) February 17, 2021 Share price at date of grant (investors and placement agent, respectively) US$ 4.45 Exercise price at date of grant (investors and placement agent, respectively) US$ 3.57 4.46 Volatility 107 % Warrant life 5 years Dividend yield 0 % Risk-free interest rate 0.57 % Average fair value at grant date US$ 3.54 On June 10, 2021, the Company commenced a registered direct offering of securities, and executed a Securities Purchase Agreement (the “SPA”) with three 913,875 3.48 3.42 913,875 3.42 five years 3,180,285 In addition, the Company issued warrants (the “Placement Agent Warrants”) to the Placement Agent to purchase a number of common shares equal to 5.0 4.35 Grant date (investors and placement agent, respectively) June 14, 2021 Share price at date of grant (investors and placement agent, respectively) US$ 3.15 Exercise price at date of grant (investors and placement agent, respectively) US$ 3.42 4.35 Volatility 115 % Warrant life 5 Dividend yield 0 % Risk-free interest rate 0.80 % Average fair value at grant date US$ 2.50 On September 30, 2022, the Company commenced a registered direct offering of securities, and executed a Securities Purchase Agreement (the “SPA”) with two 1,666,667 0.60 1,666,667 0.82 1,000,000 In addition, the Company issued warrants (the “Placement Agent Warrants”) to the Placement Agent to purchase a number of common shares equal to 5.0 0.75 Grant date (investors and placement agent, respectively) October 4, 2022 Share price at date of grant (investors and placement agent, respectively) US$ 0.58 Exercise price at date of grant (investors and placement agent, respectively) US$ 0.82 0.75 Volatility 104 % Warrant life 5 Dividend yield 0 % Risk-free interest rate 3.96 % Average fair value at grant date US$ 0.43 On January 10, 2023, the Company entered into a certain securities purchase agreement (the “SPA”) with Mr. Weilai (Will) Zhang, the Chief Executive Officer of the Company, Mr. Ishak Han, a director of the Company, and another sophisticated purchaser (collectively, the “Purchasers”), pursuant to which the Company agreed to sell 1,625,000 0.024 0.80 1.3 On January 13, 2023, the Company entered into a certain securities purchase agreement (the “SPA”) with a certain purchaser (collectively, the “Purchasers”), pursuant to which the Company agreed to sell 1,234,568 0.024 0.81 1 On March 30, 2023, the Company entered into a certain securities purchase agreement (the “SPA”) with five sophisticated investors (collectively, the “Purchasers”), pursuant to which the Company agreed to sell 5,681,820 0.88 15.15 52.13 5 On August 2, 2023, the Company entered into a certain securities purchase agreement with an investor, pursuant to which the Company agreed to sell 2,083,333 0.48 1 Following is a summary of the warrant activity (post-reverse stock split) for the years ended December 31, 2023 and 2022: SCHEDULE OF SUMMARY OF THE WARRANT ACTIVITY Weighted Average Remaining Average Contractual Number of Exercise Term in Warrants Price Years Outstanding at January 1, 2022 186,841 $ 35.0 4.14 Exercisable at January 1, 2022 186,841 $ 35.0 4.14 Granted 183,333 8.1 5.00 Exercised — — — Forfeited — — — Expired — — — Outstanding at December 31, 2022 370,174 21.7 4.02 Exercisable at December 31, 2022 370,174 21.7 4.02 Granted — — — Exercised — — — Forfeited — — — Expired 7,219 38.1 — Outstanding at December 31, 2023 362,955 $ 21.32 2.24 Exercisable at December 31, 2023 362,955 $ 21.32 2.24 During the year ended December 31, 2021, a total of 700,516 685,339 32,677 17,500 10,258,000 Share-based Compensation From January to December 31, 2021, the Company issued aggregate of 33,269 33,269 573,000 81,010 81,010 1,262,000 From January to December 31, 2022, the Company issued aggregate of 110,343 110,343 621,000 268,331 268,331 1,490,000 36,408 36,408 69,000 From January to December 31, 2023, the Company issued aggregate of 29,234 29,234 639,000 171,338 171,338 5,432,000 168,000 directors 168,000 7,037,000 From January to December 31, 2023, the Company issued aggregate of 224,793 224,793 17,282,000 719,428 719,428 19,070,000

RESERVES

RESERVES	12 Months Ended
RESERVES	Dec. 31, 2023
Notes and other explanatory information [abstract]
RESERVES	26. RESERVES (a) Statutory reserve In accordance with the relevant laws and regulations of the PRC, the Company’s PRC subsidiaries are required to transfer 10 50 (b) Currency translation reserve The reserve comprises all foreign exchange differences arising from the translation of the financial statements of foreign operations. (c) Merger reserve The merger reserve of the Company represents the difference between the nominal value of the shares of the subsidiaries acquired in the Hengda Reorganization (Note 1) over the nominal value of the shares of the Company issued in exchange thereof. (d) Share-based payment reserve After the successful consummation of the reverse recapitalization, Mr. Wong Kung Tok, the former sole shareholder of Success Winner, allotted a total of 1,521,528 The share-based payment reserve also represents the equity-settled share options granted to employees (Note 27). The reserve is made up of the cumulative value of services received from employees recorded over the vesting period commencing from the grant date of equity-settled share options, and is reduced by the expiry or exercise of the share options. The share-based payment reserve also represents the shares issued to its senior officers as stock compensation expense. (e) Reverse recapitalization reserve The reverse recapitalization reserve arises as a result of the method of accounting for the Success Winner Acquisition. In accordance with IFRS, the acquisition has been accounted for as a reverse recapitalization. (f) Capital reverse On July 31, 2014, Sound Treasure Limited, the Company’s largest shareholder and an affiliate of the Company’s Chief Executive Officer, entered into a three party agreement (the “Novation”) with the financial institution that originated the foreign currency transaction agreements and the Company. Under the Novation, Sound Treasure Limited assumed these agreements and all assets (mainly deposits placed with the financial institution) and all existing and future liabilities arising under these agreements, and the Company was released from the liabilities arising under the foreign currency transaction agreements. As a result, after July 31, 2014, the Company is no longer required to fund any losses related to these agreements, and the Company will neither suffer any future liabilities arising under those agreements nor enjoy any benefit arising under those agreements. At the time that each of the foreign currency transaction agreements was established with the financial institution, the Company was required to deposit monies with the financial institution. RMB 6.7 15.6 40.2 20.7 15.6 76.8 15.6 76.8 61.3

SHARE-BASED EMPLOYEE REMUNERATI

SHARE-BASED EMPLOYEE REMUNERATION	12 Months Ended
SHARE-BASED EMPLOYEE REMUNERATION	Dec. 31, 2023
Notes and other explanatory information [abstract]
SHARE-BASED EMPLOYEE REMUNERATION	27. SHARE-BASED EMPLOYEE REMUNERATION (a) Employee share scheme The Board of Directors duly adopted and approved the 2019 Equity Compensation Plan (“the 2019 Plan”) on December 20, 2019. The purpose of the 2019 Plan was to attract and retain outstanding individuals as Employees, Directors and Consultants of the Company and its Subsidiaries, to recognize the contributions made to the Company and its Subsidiaries by Employees, Directors and Consultants, and to provide such Employees, Directors and Consultants with additional incentive to expand and improve the profits and achieve the objectives of the Company and its Subsidiaries, by providing such Employees, Directors and Consultants with the opportunity to acquire or increase their proprietary interest in the Company through receipt of Awards. The Board, in its sole discretion, shall determine the Employees, Consultants and Directors to whom, and the time or times at which Awards will be granted, the form and amount of each Award, the expiration date of each Award, the time or times within which the Awards may be exercised, the cancellation of the Awards and the other limitations, restrictions, terms and conditions applicable to the grant of the Awards. To the extent permitted by applicable law, regulation, and rules of a stock exchange on which the Ordinary Shares are listed or traded, the Board may delegate its authority to grant Awards to Employees or Consultants and to determine the terms and conditions thereof to its standing committee, e.g., Compensation Committee, as it may determine in its discretion, on such terms and conditions as it may impose. The total number of shares that may be issued under the 2019 Plan was 333,333 The number of shares issued to Employees, Directors and Consultants is the offer amount divided by the Fair Market Value, meaning (i) if the principal trading market for the Ordinary Shares is the NASDAQ Capital Market or another national securities exchange, the “closing transaction” price at which shares of Ordinary Shares are traded on such securities exchange on the relevant date or (if there were no trades on that date) the latest preceding date upon which a sale was reported, (ii) if the Ordinary Shares is not principally traded on a national securities exchange, but is quoted on the NASD OTC Bulletin Board (“OTCBB”) or the Pink Sheets, the last reported “closing transaction” price of Ordinary Shares on the relevant date, as reported by the OTCBB or Pink Sheets, or, if not so reported, as reported in a customary financial reporting service, as the Committee determines, or (iii) if the Ordinary Shares is not publicly traded or, if publicly traded, is not subject to reported closing transaction prices as set forth above, the Fair Market Value per share shall be as determined by the Board. From January to December 31, 2021, the Company issued aggregate of 33,269 81,010 From January to December 31, 2022, the Company issued aggregate of 110,343 268,331 From January to December 31, 2023, the Company issued aggregate of 29,234 171,338 From January to December 31, 2023, the Company issued aggregate of 168,000 224,793 From January to December 31, 2023, the Company issued aggregate of 719,428 For the years ended December 31, 2023, 2022 and 2021, employee remuneration expense for senior officers, employees and directors (all of which related to equity-settled share-based payment transactions) of RMB 30,390,000 2,180,000 1,835,000 For the years ended December 31, 2023, 2022 and 2021, consulting expense (all of which related to equity-settled share-based payment transactions) of RMB 19,070,000 nil nil

SIGNIFICANT RELATED PARTY TRANS

SIGNIFICANT RELATED PARTY TRANSACTIONS	12 Months Ended
SIGNIFICANT RELATED PARTY TRANSACTIONS	Dec. 31, 2023
SIGNIFICANT RELATED PARTY TRANSACTIONS	28. SIGNIFICANT RELATED PARTY TRANSACTIONS Apart from those discussed elsewhere in these financial statements, the following are significant related party transactions entered into between the Company and its related parties at agreed rates: Due from related parties SCHEDULE OF DUE FROM RELATED PARTIES 2023 2022 RMB’000 RMB’000 Liping Huang (CEO’s spouse) 3,550 - Lei Deng (legal representative of one of the subsidiaries) 1,964 - Xiaorong Yang (legal representative of one of the subsidiaries) 3,830 - Total 9,344 - At December 31, 2023, the Company assessed whether the credit risk on a financial instrument has increased significantly since initial recognition, and concluded no loss allowance for ECL needs to be recorded for due from related parties under IFRS 9 as a result of the guaranteed repayment from the Company’s senior officers. Amount owned to related parties SCHEDULE OF SIGNIFICANT RELATED PARTY TRANSACTIONS 2023 2022 RMB’000 RMB’000 Amounts owed to related parties 553 1,291 Current payables to related parties, Total 553 1,291 As of December 31, 2022, total of amounts owed to related parties held by discontinued operations was RMB 35,057,000 Mr. Huang Jia Dong, the prior Chief Executive Officer and a prior director of the company, and Mr. Wong Kung Tok, formerly one of the Company’s significant shareholders, provide working capital loans to the Company from time to time during the normal course of its business. These loans amounted to RMB 35,057,000 35,057,000 As of December 31, 2022, the Company had a loan of US$ 167,000 1,160,000 167,000 1,160,000 167,000 1,160,000 As of December 31, 2022, the Company had a loan of US$ 20,000 131,000 20,000 131,000 As of December 31, 2023, the Company had due to Weilai Zhang, ( ) 78,000 553,000 ) During the year ended December 31, 2022, the Company incurred a total of RMB 2,847,000 2,635,000 2,635,000 2,486,000 149,000 During the year ended December 31, 2021, the Company paid a total of RMB 8,840,000 8,840,000 5,993,000 2,847,000 2,847,000 2,486,000 2,635,000 2,486,000 149,000 1,460,000 1,460,000 1,378,000 82,000 The director of Anhui Zhongjun, Zhang Yonghong, is also a director of the Company’s subsidiary, Chengdu Future Talented Management and Consulting Co., Ltd. During the year ended December 31, 2021, the Company incurred a total of RMB 36,929,000 34,364,000 nil

COMMITMENTS

COMMITMENTS	12 Months Ended
COMMITMENTS	Dec. 31, 2023
Notes and other explanatory information [abstract]
COMMITMENTS	29. COMMITMENTS (a) Operating lease commitments The Company leases production factories, warehouses and employees’ hostel from unrelated parties under non-cancellable operating lease arrangements. The leases have varying terms and the total future minimum lease payments of the Company under non-cancellable operating leases are payable as follows: SCHEDULE OF TOTAL FUTURE MINIMUM LEASE PAYMENTS 2023 2022 2021 As of December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Within one year — 328 13,404 After one year and within five years — 157 33,325 Operating lease commitments — 485 46,729 As of December 31, 2022, total operating lease liabilities payable of discontinued operations amounts of RMB 33,325,000 The leases typically run for an initial period of three years, with an option to renew the lease when all terms are renegotiated. Lease payments are usually increased every three years to reflect market rentals. None of the leases includes contingent rentals. (b) Capital commitments The Company’s capital expenditures consist of expenditures on property, plant and equipment and capital contribution. Capital expenditures contracted for at the balance sheet date but not recognized in the financial statements are as follows: SCHEDULE OF CAPITAL EXPENDITURES CONTRACTED FOR AT THE BALANCE SHEET DATE BUT NOT RECOGNIZED 2023 2022 2021 As of December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Contracted for capital commitment in respect of capital contribution to its wholly foreign owned subsidiary in the PRC: Chengdu Future 26,074 30,000 30,000 Antelope Chengdu 46,889 65,250 62,250 Hainan Antelope Holding 63,726 63,726 63,726 Antelope Future (Yangpu) 60,970 63,726 63,726 Antelope Investment (Hainan) 50,000 50,000 50,000 Antelope Ruicheng Investment 47,245 50,000 50,000 Hangzhou Kylin Cloud Service Technology — 4,500 — Anhui Kylin Cloud Service Technology 2,900 4,900 — Wenzhou Kylin Cloud Service Technology 5,000 — — Hubei Kylin Cloud Service Technology 5,000 — — Jiangxi Kylin Cloud Service Technology 5,000 — —

DISPOSAL OF SUBSIDIARIES

DISPOSAL OF SUBSIDIARIES	12 Months Ended
DISPOSAL OF SUBSIDIARIES	Dec. 31, 2023
Notes and other explanatory information [abstract]
DISPOSAL OF SUBSIDIARIES	30. DISPOSAL OF SUBSIDIARIES Since the ceramic tiles manufacturing business of the Company has experienced significant hurdles due to the significant slowdown of the real estate sector and the impacts of COVID-19 in China, the Company plans to divest its ceramic tiles manufacturing business, which is conducted through the Company’s two subsidiaries, Jinjiang Hengda Ceramics Co., Ltd. and Jiangxi Hengdali Ceramic Materials Co., Ltd. Jiangxi Hengdali Ceramics is wholly owned by Jinjiang Hengda Ceramics, which is a wholly owned subsidiary of Stand Best Creation Limited, a Hong Kong company (the “Target”). The Target is Stand Best Creation Limited, a wholly owned subsidiary of Success Winner Limited which is 100% owned by the Company (“the Disposition Group”). On December 30, 2022, the Seller, the Target and New Stonehenge Limited, a British Virgin Islands exempt company which is not affiliate of the Company or any of its directors or officers, (the “Buyer”), entered into certain share purchase agreement (the “Disposition SPA”). Pursuant to the Disposition SPA, the Buyer agreed to purchase the Target, and in exchange the Buyer will issue a 5% unsecured promissory note to the Seller with principal amount of $ 8.5 The Company held an extraordinary meeting of shareholders on February 21, 2023, at 8:30 AM ET, at Junbing Industrial Area, Anhai, Jinjiang, Fujian, China. There were 5,678,430 10,035,188 8.5 The following table summarizes the carrying value of the assets and liabilities of disposal group at the closing date of disposal. The Company recorded RMB 73.8 8.5 SCHEDULE OF ASSETS AND LIABILITIES OF DISPOSAL GROUP As of April 28, 2023 RMB’000 Right-of-use assets, net 26,670 Inventories, net 25,798 Trade receivables, net 2,875 Other receivables and prepayments 2,890 Cash and bank balances 256 Accrued liabilities and other payables (19,143 ) Amounts owed to related parties (35,057 ) Lease liabilities (19,315 ) Taxes payable (77 ) Assets and liabilities of the Disposal Group were classified as “Assets classified as held for sale” and “Liabilities directly associated with assets classified as held for sale” respectively, in accordance with IFRS 5 as at December 31, 2022, is summarized in the following table. SCHEDULE OF ASSETS AND LIABILITIES OF DISPOSAL GROUP CLASSIFIED AS HELD FOR SALE As of December 31, RMB’000 ASSETS CLASSIFIED AS HELD FOR SALE Right-of-use assets, net 30,937 Inventories, net 28,749 Trade receivables, net 11,683 Other receivables and prepayments 3,000 Cash and bank balances 306 Total assets of the Disposal Group held for sale 74,675 As of December 31, RMB’000 LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS CLASSIFIED AS HELD FOR SALE Accrued liabilities and other payables 19,197 Amounts owed to related parties 35,057 Lease liabilities 33,325 Taxes payable 951 Total liabilities of the Disposal Group directly associated with assets classified as held for sale 88,530 The financial performance and cash flow information presented are for the years ended December 31, 2023, 2022 and 2021. SCHEDULE OF FINANCIAL PERFORMANCE AND CASH FLOW INFORMATION 2023 2022 2021 Years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Financial performance Net sales 2,701 37,696 144,743 Cost of goods sold 7,557 41,245 83,436 Gross profit (loss) (4,856 ) (3,549 ) 61,307 Other income 5,716 14,244 9,388 Selling and distribution expenses (1,517 ) (5,913 ) (6,298 ) Administrative expenses (434 ) (51,297 ) (131,867 ) Finance costs (293 ) (1,479 ) (2,115 ) Other expenses — — (90 ) Loss before taxation (1,384 ) (47,994 ) (69,675 ) Gain on disposal of discontinued operations 73,846 — — Net income (loss) for the year from discontinued operations 72,461 (47,994 ) (69,675 ) Cash flow information Net cash generated from operating activities from discontinued operations 14,118 4,982 3,314 Net cash used in investing activities from discontinued operations — — — Net cash used in financing activities from discontinued operations (14,303 ) (14,303 ) (14,303 ) Net (decrease) increase in cash and cash equivalents from discontinued operations (185 ) (9,321 ) (10,989 )

FINANCIAL RISK MANAGEMENT

FINANCIAL RISK MANAGEMENT	12 Months Ended
FINANCIAL RISK MANAGEMENT	Dec. 31, 2023
Notes and other explanatory information [abstract]
FINANCIAL RISK MANAGEMENT	31. FINANCIAL RISK MANAGEMENT The Company’s overall financial risk management program seeks to minimize potential adverse effects of financial performance of the Company. Management has in place processes and procedures to monitor the Company’s risk exposures while balancing the costs associated with such monitoring and management against the costs of risk occurrence. The Company’s risk management policies are reviewed periodically for changes in market conditions and the Company’s operations. The Company is exposed to financial risks arising from its operations and the use of financial instruments. The key financial risks included credit risk, liquidity risk, interest rate risk, foreign currency risk and market price risk. Except as disclosed in (d), the Company does not hold or issue derivative financial instruments for trading purposes or to hedge against fluctuations, if any, in interest rates and foreign exchange rates. (a) Credit risk Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss to the Company. The Company’s exposure to credit risk arises primarily from bank balances and trade receivables. For trade receivables, the Company adopts the policy of dealing only with customers of appropriate credit history to mitigate credit risk. For other financial assets, the Company adopts the policy of dealing only with high credit quality counterparties. As the Company does not hold any collateral, the maximum exposure to credit risk for each class of financial assets is the carrying amount of that class of financial assets presented on the consolidated statements of financial position. Cash and bank balances The Company’s bank deposits are placed with reputable banks in the PRC, Hong Kong and the United States, which management believes are of high credit quality. The Company performs periodic evaluations of the relative credit standing of these financial institutions. Trade receivables The Company’s objective is to seek continual growth while minimizing losses incurred due to increased credit risk exposure. The Company’s exposure to credit risks is influenced mainly by the individual characteristics of each customer. The Company typically gives the existing customers credit terms of approximately 120 days to 150 days. In deciding whether credit shall be extended, the Company will take into consideration factors such as the relationship with the customer, its payment history and credit worthiness. In relation to new customers, the sales and marketing department will prepare credit proposals for approval by the Chief Executive Officer. The Company performs ongoing credit evaluations of its customers’ financial condition and requires no collateral from its customers. The provision for impairment loss for doubtful debts is based upon a review of the expected collectability of all trade and other receivables. The Company’s concentration of credit risk by geographical location is wholly in the PRC as of December 31, 2023 and 2022. (b) Liquidity risk The Company’s policy is to regularly monitor current and expected liquidity requirements and its compliance with loan covenants to ensure that it maintains a sufficient amount of cash and adequate committed lines of funding from major financial institutions to meet its liquidity requirements in the short and longer term. The following table details the Company’s remaining contractual maturities for its financial liabilities. The table has been drawn up based on undiscounted cash flows of financial liabilities based on the earliest date on which the Company can be required to pay. The table includes both interest and principal cash flows. To the extent that interest flows are at a floating rate, the undiscounted amount is calculated based on interest rate at the end of the reporting periods: SCHEDULE OF COMPANY REMAINING CONTRACTUAL MATURITIES FOR ITS FINANCIAL LIABILITIES As of December 31, 2023 Total Within 1 year More than 1 year but less than 5 years contractual undiscounted cash flow Carrying amount RMB’000 RMB’000 RMB’000 RMB’000 Amounts owed to related parties 553 — 553 553 Note payable 7,597 7,394 14,991 14,991 Total 8,150 7,394 15,544 15,544 As of December 31, 2022 More than 1 Total contractual Within 1 year year but less than 5 years undiscounted cash flow Carrying amount RMB’000 RMB’000 RMB’000 RMB’000 Trade payables 3,079 — 3,079 3,079 Amounts owed to related parties 1,291 — 1,291 1,291 Note payable — 8,775 8,775 8,775 Lease liabilities 349 146 495 495 Total 4,719 8,921 13,640 13,640 (c) Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of the Company’s financial instruments will fluctuate because of changes in market interest rates. The Company’s exposure to interest rate risk arises primarily from the Company’s interest-bearing bank deposits and borrowings. The Company is exposed to fair value interest rate risk in relation to its fixed-rate bank borrowings. Bank borrowings subject to fixed interest rates are contractually repriced at intervals of 12 months. The Company currently does not have an interest rate hedging policy. However, the management monitors interest rate exposure and will consider other necessary actions when significant interest rate exposure is anticipated. The Company is also exposed to cash flow interest rate risk related to bank balances and cash held at financial institutions carried at the prevailing market rates and variable-rate bank borrowings. At December 31, 2023 and 2022, the company had no variable-rate risk. (d) Foreign currency risk Currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate due to changes in foreign exchange rates. Currency risk arises when transactions are denominated in foreign currencies. The Company is mainly exposed to foreign exchange risk arising from future commercial transactions, recognized assets and liabilities denominated in currencies other than the functional currency of the Company entities to which they relate. The Company’s operations are primarily conducted in the PRC. All the sales and purchases transactions are denominated in RMB. As such, the operations are not exposed to exchange rate fluctuation. As of December 31, 2023 and 2022, nearly all of the Company’s monetary assets and monetary liabilities were denominated in RMB except certain bank balances (Note 19) were denominated in US dollars and HKD. Sensitivity analysis The Company’s foreign currency risk is mainly concentrated on the fluctuation of US$ and HK$. The following table details the Company’s sensitivity to a 4 SUMMARY OF LOSS BEFORE TAXATION As of December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Loss before taxation 8 39 895 The sensitivity analysis has been determined assuming that the change in foreign exchange rates had occurred at the end of the reporting period and had been applied to re-measure those financial instruments held by the Company which expose the Company to foreign currency risk at the end of the reporting period. The stated changes represent management’s assessment of reasonably possible changes in foreign exchange rates over the period until the end of next annual reporting period. The analysis is performed on the same basis for 2023, 2022 and 2021. In management’s opinion, the sensitivity analysis is unrepresentative of the inherent foreign exchange risk as the year end exposure at the end of the reporting period does not reflect the exposure during the year. (e) Fair value measurements (i) Financial instruments carried at fair value Fair value hierarchy The following table presents the fair value of the Company’s financial instruments measured at the end of the reporting period on a recurring basis, categorized into the three-level fair value hierarchy as defined in IFRS 13 Fair value measurement. The level into which a fair value measurement is classified is determined with reference to the observability and significance of the inputs used in the valuation technique as follows: ● Level 1: quoted prices (unadjusted) in active markets for identical assets or liabilities. ● Level 2: inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices) ● Level 3: inputs for the assets or liability that are not based on observable market data (that is, unobservable inputs). The Company’s directors are responsible to determine the appropriate valuation techniques and inputs for fair value measurements. There were no transfers between instrument levels during the years ended December 31, 2023 and 2022. As of December 31, 2023 and 2021 there were no other financial instruments measured on a recurring basis. (ii) Financial assets and liabilities measured at other than fair value The carrying amounts of the Company’s other financial instruments carried at cost or amortized cost approximate their fair values as of December 31, 2023 and 2022.

CAPITAL MANAGEMENT

CAPITAL MANAGEMENT	12 Months Ended
CAPITAL MANAGEMENT	Dec. 31, 2023
Capital Management
CAPITAL MANAGEMENT	32. CAPITAL MANAGEMENT The Company’s objectives when managing capital are: (i) To safeguard the Company’s ability to continue as a going concern and to be able to service its debts when they are due; (ii) To maintain an optimal capital structure so as to maximize shareholder value; and (iii) To maintain a strong credit rating and healthy capital ratios in order to support the Company’s stability and growth. The Company actively and regularly reviews and manages its capital structure to ensure optimal shareholder returns, taking into consideration the future capital requirements of the Company and capital efficiency, prevailing and projected profitability, projected operating cash flows, projected capital expenditures and projected strategic investment opportunities. The Company manages its common shares and stock options as capital. The Company is not subject to externally imposed capital requirements, except for, as disclosed in Note 26(a), the Company’s PRC subsidiaries are required by the Foreign Enterprise Law of the PRC to contribute to and maintain a non-distributable statutory reserve fund whose utilization is subject to approval by the Board of Directors. This externally imposed capital requirement has been complied with by the PRC subsidiaries for the years ended December 31, 2023, 2022 and 2021. In order to maintain or adjust the capital structure, the Company may adjust the amount of dividends paid to shareholders, return capital to shareholders, increase share capital, obtain new borrowings or sell assets to reduce debt. There were no changes in the Company’s overall approach to capital management during the report periods. The capital structure of the Company consists of debts (which include borrowings, less cash and cash equivalents) and equity attributable to shareholders of the Company (comprising issued capital and reserves). The Company monitors capital on the basis of the debt to capital ratio, which is calculated as net debts divided by equity attributable to shareholders of the Company. SCHEDULE OF CAPITAL STRUCTURE 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Interest-bearing bank borrowings — — Note payable 14,991 8,775 Amounts owed to related parties 553 1,291 Total debts 15,544 10,066 Less: Cash and cash equivalents (excluding restricted bank balances) (3,808 ) (3,936 ) Net debts 11,736 6,130 Equity attributable to shareholders of the Company 96,942 1,047 Gearing ratio 12 % 585 %

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2023
Notes and other explanatory information [abstract]
SUBSEQUENT EVENTS	33. SUBSEQUENT EVENTS The Company has evaluated all events that have occurred subsequent to December 31, 2023 through the date that the consolidated financial statements were issued. Management has concluded that the following material subsequent events required disclosure in the consolidated financial statements. 1) On January 9, 2024, the Company entered a service agreement with a consultant, for performing accounting and financial services to the Company. Pursuant to the service agreement, the Company issued 100,000 100,000 190,000 2) On January 25, 2024, the Company entered into a note purchase agreement with Guoxiang Hu (the “Investor”), pursuant to which the Company issued the Investor an unsecured promissory note in the principal amount of $ 4,630,000 16 Global Pacific Securities US Inc. (“Global Pacific”) has acted as the lead advisor of the Company for the transaction contemplated in the Purchase Agreement, and the Company agreed to pay Global Pacific a cash fee equal to three percent (3%) of the gross proceeds and to reimburse Global Pacific for its accountable expenses up to $ 30,000 7.5 193,994 In addition, the Company may not assign the Note without prior written consent of the Investor. The Investor may be sold, assigned or transferred by the Investor without the Company’s prior written consent. However, in the event that the Company has identified any individual(s) or entity(ies) that is satisfactory to the Company, to purchase the Note from the Investor, the Investor agreed to use his best efforts to sell, transfer and assign the Note to such individual or entity identified by the Company within ten (10) calendar days following receipt of a written notice from the Company, at a price that equal to the outstanding balance of the Note. Under the Purchase Agreement, Weilai Zhang, our CEO and Chairman of the board (the “Pledgor”), agreed to enter into a share pledge agreement with the Investor, on January 25, 2024 (the “Pledge Agreement”), to pledge all Class B ordinary shares of the Company, no par value (“Class B ordinary shares”) owned by him, including any additional Class B ordinary shares issued to him while the Note is outstanding, and any proceeds thereof (collectively, the “Pledged Collateral”), to secure the Company’s payment and performance of any and all obligations, liabilities and indebtedness of the Company to the Investor pursuant to the terms of the Purchase Agreement (“Secured Obligations”) 3) On January 29, 2024, the Compensation Committee of the Board approved, based on the Company’s 2023 operating results and performance, to issue 300,000 4) On February 12, 2024, the Company enter into certain exchange agreements with each of certain warrant holders (the “Holders”) pursuant to which, each Holder agreed to surrender the existing warrants held by itself to purchase Class A ordinary shares, no par value, of the Company (“Class A ordinary shares for cancellation, in exchange for the Company’s payment of an aggregate of $ 202,033 101,016 5) On February 15, 2024, the Company enter into certain exchange agreements with warrant holders (the “Holders”) pursuant to which, Holder agreed to surrender the existing warrants held by itself to purchase Class A ordinary shares, no par value, of the Company (“Class A ordinary shares for cancellation, in exchange for the Company’s payment of an aggregate of $ 55,556 27,778 6) On February 27, 2024, the Company entered into a stock transfer agreement with Right Fortress Limited (the “transferor”), through which Right Fortress Limited transferred all its equity in Million Stars US Inc (“Million Star”) to Antelope Enterprise Holdings USA Inc. for $ 1 7) On February 23, 2024, the Company entered into a certain securities purchase agreement (the “SPA”) with certain investors (the “Purchasers”), pursuant to which the Company agreed to sell 1,300,000 1.00 1.30 1,300,000 1.10 8) On February 28, 2024, the Company entered into a consulting service agreement with a consultant to provide marketing consulting services to the Company. The Company agreed to issue 75,000 9) On March 15, 2024, the Company entered into certain securities purchase agreement (the “SPA”) with certain investors (the “Purchasers”), pursuant to which the Company agreed to sell 1,727,941 1.36 2.35 10) On March 25, 2024, the Company entered into a consulting service agreement with a consultant to provide marketing consulting services of e-commence environment to the Company. The Company agreed to issue 51,471 11) On April 1, 2024, the board of directors approved to amend employment agreement of Mr. Weilai Zhang, the CEO and Chairman of the Company. Pursuant to the Amended Employment Agreement, Mr. Zhang’s monthly compensation as the CEO of the Company was changed from $ 10,000 20,000 no no 500,000 1,500,000 12) On April 2, 2024, the Company entered into a warrant exchange agreement (the “Exchange Agreement”) with certain holder (the “Holder”) of warrants (the “Warrants”) to purchase Class A ordinary shares, no 0.5 60,052 30,026 13) On April 15, 2024, the Company entered into a warrant exchange agreement (the “Exchange Agreement”) with certain holder (the “Holder”) of warrants (the “Warrants”) to purchase Class A ordinary shares, no 0.5 50,071 25,036 14) As of this report date, the Company is preparing a prospectus relates to the offer and resale, from time to time, by the five selling shareholders identified in the prospectus (the “Selling Shareholders”, each individually, the “Selling Shareholder”), of up to 31,300,000 30,000,000 1,300,000 On March 25, 2024, the Company entered into three standby equity subscription agreements (the “Subscription Agreements”) with Dafu International Group Ltd., Baisheng International Group Ltd. and Dongsheng International Group Ltd. (each, an “Investor”, collectively, the “Investors”), respectively. Each Subscription Agreements provided for the sale of up to 10,000,000 10,000,000 1.12 On February 23, 2024, the Company entered into a securities purchase agreement with the Warrant Holders (the “Securities Purchase Agreement”), pursuant to which, the Company issued to the Warrant Holders the Warrants to purchase up to an aggregate of 1,300,000 1.10

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Dec. 31, 2023
Summary Of Significant Accounting Policies
Basis of preparation	2.1 Basis of preparation The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRSs”) as issued by the International Accounting Standards Board (“IASB”), which collective term includes all applicable individual International Financial Reporting Standards, International Accounting Standards and Interpretations issued by the IASB. The significant accounting policies that have been used in the preparation of these consolidated financial statements are summarized below. These policies have been consistently applied to all the years presented unless otherwise stated. The adoption of new or amended IFRSs and the impacts on the Company’s financial statements, if any, are disclosed in Note 3. The COVID-19 pandemic has created and may continue to create significant uncertainty in macroeconomic conditions, which may cause further business slowdowns or shutdowns, depress demand for the Company’s business, and adversely impact its results of operations. During the years ended December 31, 2022 and 2021, the Company faced increasing uncertainties around its estimates of revenue collectability, accounts receivable credit losses, impairment of inventory and long-lived assets. The Company expects uncertainties around its key accounting estimates to continue to evolve depending on the duration and degree of impact associated with the COVID-19 pandemic. Its estimates may change as new events occur and additional information emerges, and such changes are recognized or disclosed in its consolidated financial statements. Judgments made by management in the application of IFRSs that have significant effect on the financial statements and major sources of estimation uncertainty are discussed in Note 4. However, Since January 2023, China has dropped all COVID restrictions. The consolidated financial statements have been prepared on the historical cost basis, except for derivative financial instruments that have been measured at fair value. The preparation of financial statements in conformity with IFRSs requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors believed to be reasonable under the circumstances, the results of which form the basis of making the judgements about carrying amounts of assets and liabilities not readily apparent from other sources. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. Judgments made by management in the application of IFRSs that have significant effect on the financial statements and major sources of estimation uncertainty are discussed in Note 4. The consolidated financial statements were approved and authorized for issue by the Board of Directors on April XX, 2024 .
Basis of consolidation	2.2 Basis of consolidation (i) 100% owned Subsidiaries The Success Winner Acquisition on November 22, 2009 has been accounted for as a reverse recapitalization. The acquisition agreement resulted in the former owner of Success Winner obtaining effective operating and financial control of the combined entity. Prior to the acquisition, Antelope Enterprise had no operating business. Accordingly, the acquisition does not constitute a business combination for accounting purposes and is accounted for as a capital transaction. That is, the transaction is in substance a reverse recapitalization, equivalent to the issuance of equity interests by Success Winner for the net monetary assets of Antelope Enterprise accompanied by a recapitalization. The consolidated financial statements are a continuation of the financial statements of Success Winner. The assets and liabilities of Antelope Enterprise are recognized at their carrying amounts at the date of acquisition with a corresponding credit to the consolidated equity and no goodwill or other intangible assets are recognized. The equity of the combined entity recognized at the date of acquisition represents the equity balances of Success Winner together with the deemed proceeds from the reverse recapitalization determined as described above. However, the equity structure presented in the consolidated financial statements (number and values of equity instruments issued) reflects the equity structure of the legal parent, Antelope Enterprise. Costs directly attributable to the transaction have been debited to equity to the extent of net monetary assets received. Success Winner and its subsidiaries as a group is regarded as a continuing entity resulting from the Hengda Reorganization since the management of all the entities which took part in the Reorganization were controlled by the same director and shareholder before and immediately after the Reorganization. Immediately after the Reorganization, there was a continuation of the control over the entities’ financial and operating policy decision and risk and benefits to the ultimate shareholders that existed prior to the Reorganization. Accordingly, the reorganization has been accounted for as a reorganization under common control and the financial statements of Success Winner, Stand Best and Hengda have been combined on the basis of merger accounting for all periods presented. The assets and liabilities of the combining entities or businesses are combined using the existing book values from the controlling party’s perspective. No amount is recognized as consideration for goodwill or excess of the acquirer’s interest in the net fair values of the acquiree’s identifiable assets, liabilities and contingent liabilities over cost at the time of the common control combination. The consolidated statement of comprehensive income includes the results of each of the combining entities or businesses from the earliest date presented or the date of their incorporation/establishment or since the date when the combining entities or businesses first came under common control, where this is a shorter period, regardless of the date of the common control combination. The Hengdali Acquisition on January 8, 2010 has been accounted for as a business combination using the acquisition method. Hengdali is a subsidiary of the Company, and the Company has the power to govern the financial and operating policies which accompanies its shareholding of 100% of the voting rights in Hengdali. Therefore, Hengdali as a subsidiary is fully consolidated from January 8, 2010, the date on which control was transferred to the Company. The accounting for the Hengdali Acquisition under the acquisition method, treats the consideration transferred for the acquisition of Hengdali as the fair values of the assets transferred, the liabilities incurred and the equity interests issued by the Company. The consideration transferred includes the fair value of any asset or liability resulting from a contingent consideration arrangement. Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in this business combination are measured initially at their fair values at the acquisition date. The excess of the consideration transferred over the fair value of the identifiable net assets acquired is recorded as goodwill. The Company’s financial statements consolidate those of the Company and all of its subsidiaries as of December 31, 2023. Subsidiaries are entities controlled by the Company. The Company controls an entity when it is exposed, or has rights, to variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. When assessing whether the Company has power, only substantive rights (held by the Company and other parties) are considered. All subsidiaries have a reporting date of December 31. An investment in a subsidiary is consolidated into the consolidated financial statements form the date that control commences until the date that control ceases. Inter-company transactions, balances and unrealized gains or losses on transactions between group companies are eliminated. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the Company. (ii) Non-controlling interests Antelope Ruicheng owns 51% of Hainan Kylin, while non-controlling interest owns 49% of Hainan Kylin. Hainan Kylin 100% owns Hangzhou Kylin, Anhui Kylin, Wenzhou Kylin, Hubei Kylin and Jiangxi Kylin. Non-controlling interests in the financial results and equity of subsidiaries are shown separately in the Consolidated Statements of Comprehensive Income (Loss), Consolidated Statements of Financial Position and Consolidated Statements of Changes in Equity respectively.
Foreign currency translation	2.3 Foreign currency translation The financial statements are presented in RMB (to the nearest thousand), being the currency that best reflects the economic substance of the underlying events and circumstances relevant to the Company. The Company’s operations are conducted through the subsidiaries in the People’s Republic of China (“PRC”). The functional currency of these subsidiaries in China is Renminbi (“RMB”). The functional currency of Antelope Enterprise and Antelope HK is the United State dollars (US$). The functional currency of Vast Elite is Hong Kong dollar. In the individual financial statements of the consolidated entities, foreign currency transactions are translated into the functional currency of the individual entity using the exchange rates prevailing at the dates of the transactions. At the reporting date, monetary assets and liabilities denominated in foreign currencies are translated at the foreign exchange rates ruling at that date. Foreign exchange gains and losses resulting from the settlement of such transactions and from the reporting date retranslation of monetary assets and liabilities are recognized in profit or loss. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the date when the fair value was determined and are reported as part of the fair value gain or loss. Non-monetary items that are measured in terms of historical cost in a foreign currency are not retranslated. In the consolidated financial statements, all individual financial statements of foreign operations, originally presented in a currency different from the Company’s presentation currency, have been converted into Renminbi. Assets and liabilities have been translated into Renminbi at the closing rates at the reporting date. Income and expenses have been converted into Renminbi at the exchange rates ruling at the transaction dates, or at the average rates over the reporting period provided that the exchange rates do not fluctuate significantly. Any differences arising from this procedure have been recognized in other comprehensive income and accumulated separately in the currency translation reserve in equity. When a foreign operation is sold, such exchange differences are reclassified from equity to profit or loss as part of the gain or loss on sale. The translation of certain RMB amounts as of and for the year ended December 31, 2023 into US$ is included in these financial statements solely for the convenience of readers and was made at the rate of RMB 7.10 1.00
Property, plant and equipment	2.4 Property, plant and equipment Leasehold land and buildings for own use When a lease includes both land and building elements, the Company assesses the classification of each element as a finance or an operating lease separately based on the assessment as to whether substantially all the risks and rewards incidental to ownership of each element have been transferred to the Company, unless it is clear that both elements are operating leases in which case the entire lease is classified as an operating lease. Specifically, the minimum lease payments (including any lump sum upfront payments) are allocated between the land and the building elements in proportion to the relative fair values of the leasehold interests in the land element and building element of the lease at the inception of the lease. To the extent the allocation of the lease payments can be made reliably, interest in leasehold land that is accounted for as an operating lease is presented as “land use rights” in the consolidated statements of financial position and is amortized over the lease term on a straight-line basis. All buildings are depreciated over their expected useful lives of 40 Other property, plant and equipment Property, plant and equipment are stated in the consolidated statements of financial position at cost less any accumulated depreciation and any accumulated impairment losses. Depreciation is provided to write off the cost less their residual values over their estimated useful lives as follows, using the straight-line method: SCHEDULE OF DEPRECIATION USING STRAIGHT-LINE METHOD Plant and machinery 10 Motor vehicles 10 Office equipment 5 The assets’ residual values, depreciation methods and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. The carrying amount of the replaced part is derecognized. All other costs, such as repairs and maintenance, are charged to profit or loss during the financial period in which they are incurred. An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount. The gain or loss arising on retirement or disposal is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognized in profit or loss.
Investment property	2.5 Investment property Investment properties are properties held to earn rentals or for capital appreciation. Investment properties are initially measured at historical cost, including any directly attributable expenditure. Subsequent to initial recognition, investment properties are measured at their historical cost less any accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. The carrying amount of the replaced part is derecognized. All other costs, such as repairs and maintenance, are charged to profit or loss during the financial period in which they are incurred. An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount. The gain or loss arising on retirement or disposal is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognized in profit or loss. An investment property is derecognized upon disposal or when the investment property is permanently withdrawn from use or no future economic benefits are expected from its disposal. Any gain or loss arising on derecognition of the property (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in profit or loss in the period in which the item is derecognized. As a result of disposal subsidiaries, the investment property balance on the balance sheet date became zero.
Land use rights	2.6 Land use rights Upfront payments made to acquire land held under an operating lease are stated at cost less accumulated amortization and any accumulated impairment losses. Amortization is calculated on a straight line basis over the leasing period of 50
Goodwill	2.7 Goodwill Goodwill arising on an acquisition of a business is carried at cost as established at the date of acquisition of the business less accumulated impairment losses, if any. For the purposes of impairment testing, goodwill is allocated to each of the Company’s cash-generating units, or groups of cash-generating units, that is expected to benefit from the synergies of the combination. A cash-generating unit to which goodwill has been allocated is tested for impairment annually, or more frequently whenever there is indication that the unit may be impaired. If some or all of the goodwill allocated to a cash-generating unit was acquired in a business combination during the current annual period, that unit shall be tested for impairment before the end of the current annual period. If the recoverable amount of the cash-generating unit is less than the carrying amount, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit on a pro – rata basis based on the carrying amount of each asset in the unit. Any impairment loss for goodwill is recognized directly in profit or loss. An impairment loss recognized for goodwill is not reversed in subsequent periods. On disposal of the relevant cash generating unit, the attributable amount of goodwill is included in the determination of the profit or loss on disposal.
Inventories	2.8 Inventories Inventories are carried at the lower of cost and net realizable value. Cost is determined using the weighted average basis, and in the case of work in progress and finished goods, comprises direct materials, direct labor and an appropriate proportion of overhead. Net realizable value is the estimated selling price in the ordinary course of business less the estimated cost of completion and applicable selling expenses. When inventories are sold, the carrying amount of those inventories is recognized as an expense in the period in which the related revenue is recognized. The amount of any write-down of inventories to net realizable value and all losses of inventories are recognized as an expense in the period the write-down or loss occurs. The amount of any reversal of any write-down of inventories is recognized as a reduction in the amount of inventories recognized as an expense in the period in which the reversal occurs. As a result of disposal subsidiaries, the inventory balance on the balance sheet date became zero.
Cash and cash equivalents	2.9 Cash and cash equivalents Cash and cash equivalents include cash at bank and in hand, demand deposits with banks and short term highly liquid investments with original maturities of three months or less that are readily convertible into known amounts of cash and which are subject to an insignificant risk of changes in value. For the purpose of the statement of cash flows presentation, cash and cash equivalents include bank overdrafts which are repayable on demand and form an integral part of the Company’s cash management.
Financial instruments	2.10 Financial instruments Financial assets and financial liabilities are recognized when a group entity becomes a party to the contractual provisions of the instrument. Financial assets and financial liabilities are initially measured at fair value except for trade debtors arising from contracts with customers which are initially measured in accordance with HKFRS 15 since 1 January 2019. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets or liabilities at fair value through profit or loss) are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at fair value through profit or loss are recognized immediately in profit or loss. The effective interest method is a method of calculating the amortized cost of a financial asset or financial liability and of allocating interest income and interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts and payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial asset or financial liability, or, where appropriate, a shorter period, to the net carrying amount on initial recognition. Interest income which are derived from the Company’s ordinary course of business are presented as revenue. Financial assets Classification and subsequent measurement of financial assets (upon application of IFRS 9) Financial assets that meet the following conditions are subsequently measured at amortized cost: ● the financial asset is held within a business model whose objective is to collect contractual cash flows; and ● the contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. All other financial assets are subsequently measured at fair value through profit or loss (“FVTPL”). A financial asset is classified as held for trading if: ● it has been acquired principally for the purpose of selling in the near term; or ● on initial recognition it is a part of a portfolio of identified financial instruments that the Company manages together and has a recent actual pattern of short-term profit-taking; or ● it is a derivative that is not designated and effective as a hedging instrument. In addition, the Company may irrevocably designate a financial asset that are required to be measured at the amortized cost as measured at FVTPL if doing so eliminates or significantly reduces an accounting mismatch. (i) Amortized cost and interest income Interest income is recognized using the effective interest method for financial assets measured subsequently at amortized cost. Interest income is calculated by applying the effective interest rate to the gross carrying amount of a financial asset, except for financial assets that have subsequently become credit-impaired. For financial assets that have subsequently become credit-impaired, interest income is recognized by applying the effective interest rate to the amortized cost of the financial asset from the next reporting period. If the credit risk on the credit-impaired financial instrument improves so that the financial asset is no longer credit-impaired, interest income is recognized by applying the effective interest rate to the gross carrying amount of the financial asset from the beginning of the reporting period following the determination that the asset is no longer credit impaired. (ii) Financial assets at FVTPL Financial assets that do not meet the criteria for being measured at amortized cost are measured at FVTPL. Financial assets at FVTPL are measured at fair value at the end of each reporting period, with any fair value gains or losses recognized in profit or loss. The net gain or loss recognized in profit or loss includes any dividend or interest earned on the financial asset and is included in the “other gains and losses” line item. Impairment of financial assets (upon application IFRS 9) The Company recognizes a loss allowance for expected credit loss (“ECL”) on financial assets which are subject to impairment under IFRS 9 (including trade and other receivables, bank deposits and bank balances). ECLs are based on the difference between the contractual cash flows due in accordance with the contract and all the cash flows that the Company expects to receive, discounted at an approximation of the original effective interest rate. The expected cash flows will include cash flows from the sale of collateral held or other credit enhancements that are integral to the contractual terms. The amount of ECL is updated at each reporting date to reflect changes in credit risk since initial recognition. General approach ECLs are recognized in two measurement bases. For credit exposures for which there has not been a significant increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible within the next 12-months (a 12-month ECL). For those credit exposures for which there has been a significant increase in credit risk since initial recognition, a loss allowance is required for credit losses expected over the remaining life of the exposure, irrespective of the timing of the default (a lifetime ECL). At each reporting date, the Company assesses whether the credit risk on a financial instrument has increased significantly since initial recognition. When making the assessment, the Company compares the risk of a default occurring on the financial instrument as at the reporting date with the risk of a default occurring on the financial instrument as at the date of initial recognition and considers reasonable and supportable information that is available without undue cost or effort, including historical and forward looking information. The Company considers a financial asset in default when contractual payments are 90 days past due. However, in certain cases, the Company may also consider a financial asset to be in default when internal or external information indicates that the Company is unlikely to receive the outstanding contractual amounts in full before taking into account any credit enhancements held by the Company. A financial asset is written off when there is no reasonable expectation of recovering the contractual cash flows. Financial assets at amortized cost are subject to impairment under the general approach and they are classified within the following stages for measurement of ECLs except for trade receivables which apply the simplified approach as detailed below. Stage 1 — Financial instruments for which credit risk has not increased significantly since initial recognition and for which the loss allowance is measured at an amount equal to 12-month ECLs Stage 2 — Financial instruments for which credit risk has increased significantly since initial recognition but that are not credit-impaired financial assets and for which the loss allowance is measured at an amount equal to lifetime ECLs Stage 3 — Financial assets that are credit-impaired at the reporting date (but that are not purchased or originated credit-impaired) and for which the loss allowance is measured at an amount equal to lifetime ECLs Simplified approach For trade receivables that do not contain a significant financing component or when the Company applies the practical expedient of not adjusting the effect of a significant financing component, the Company applies the simplified approach in calculating ECLs. Under the simplified approach, the Company does not track changes in credit risk, but instead recognizes a loss allowance based on lifetime ECLs at each reporting date. The Company assesses at the end of each reporting period whether there is any objective evidence that a financial asset or a group of financial assets is impaired. An impairment exists if one or more events that occurred after the initial recognition of the asset have an impact on the estimated future cash flows of the financial asset or the Company of financial assets that can be reliably estimated. Evidence of impairment may include indications that a debtor or a group of debtors is experiencing significant financial difficulty, default or delinquency in interest or principal payments, the probability that they will enter bankruptcy or other financial reorganization and observable data indicating that there is a measurable decrease in the estimated future cash flows, such as changes in arrears or economic conditions that correlate with defaults. Financial assets carried at amortized cost For financial assets carried at amortized cost, the Company first assesses whether impairment exists individually for financial assets that are individually significant, or collectively for financial assets that are not individually significant. If the Company determines that no objective evidence of impairment exists for an individually assessed financial asset, whether significant or not, it includes the asset in a group of financial assets with similar credit risk characteristics and collectively assesses them for impairment. Assets that are individually assessed for impairment and for which an impairment loss is, or continues to be, recognized are not included in a collective assessment of impairment. The amount of any impairment loss identified is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows (excluding future credit losses that have not been incurred). The present value of the estimated future cash flows is discounted at the financial asset’s original effective interest rate (i.e., the effective interest rate computed at initial recognition). The carrying amount of the asset is reduced through the use of an allowance account and the loss is recognized in profit or loss. Interest income continues to be accrued on the reduced carrying amount using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss. Loans and receivables together with any associated allowance are written off when there is no realistic prospect of future recovery and all collateral has been realized or has been transferred to the Company. If, in a subsequent period, the amount of the estimated impairment loss increases or decreases because of an event occurring after the impairment was recognized, the previously recognized impairment loss is increased or reduced by adjusting the allowance account. If a write-off is later recovered, the recovery is credited to other expenses in the statement of profit or loss. Classification and subsequent measurement of financial assets (before application of IFRS 9 on January 1, 2018) The Company’s financial assets are loans and receivables. The classification depends on the nature and purpose of the financial assets and is determined at the time of initial recognition. Loans and receivables Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. They are initially recognized at fair value. Subsequent to initial recognition, loans and receivables (including trade and other receivables, pledged bank deposits, fixed bank deposits with maturity periods over three months and bank balances) are measured at amortized cost using the effective interest method, less any identified impairment losses). Impairment of financial assets Financial assets are assessed for indicators of impairment at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the financial assets have been affected. Objective evidence of impairment could include: ● significant financial difficulty of the issuer or counterparty; or ● breach of contract, such as a default or delinquency in interest or principal payments; or ● it becoming probable that the borrower will enter bankruptcy or financial re-organization; or disappearance of an active market for that financial asset because of financial difficulties. If any such evidence exists, the impairment loss on trade receivables and other current receivables and other financial assets carried at amortized cost is measured as the difference between the asset’s carrying amount and the present value of the estimated future cash flows discounted at the financial asset’s original effective interest rate (i.e. the effective interest rate computed at initial recognition of these assets), where the effect of discounting is material. This assessment is made collectively where these financial assets share similar risk characteristics, such as similar past due status, and have not been individually assessed as impaired. Future cash flows for financial assets which are assessed for impairment collectively are based on historical loss experience for assets with credit risk characteristics similar to the collective group. If in a subsequent period the amount of an impairment loss decreases and the decrease can be linked objectively to an event occurring after the impairment loss was recognized, the impairment loss is reversed through profit or loss. A reversal of an impairment loss shall not result in the asset’s carrying amount exceeding that which would have been determined had no impairment loss been recognized in prior years. Impairment losses are written off against the corresponding assets directly, except for impairment losses recognized in respect of trade receivables included within trade and other receivables and prepayments, whose recovery is considered doubtful but not remote. In this case, the impairment losses for doubtful debts are recorded using an allowance account. When the Company is satisfied that recovery is remote, the amount considered irrecoverable is written off against trade debtors directly and any amounts held in the allowance account relating to that debt are reversed. Subsequent recoveries of amounts previously charged to the allowance account are reversed against the allowance account. Other changes in the allowance account and subsequent recoveries of amounts previously written off directly are recognized in profit or loss. Derecognition of financial assets The Company derecognizes a financial asset only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership of the asset to another entity. If the Company neither transfers nor retains substantially all the risks and rewards of ownership and continues to control the transferred asset, the Company recognizes its retained interest in the asset and an associated liability for amounts it may have to pay. If the Company retains substantially all the risks and rewards of ownership of a transferred financial asset, the Company continues to recognize the financial asset and recognizes a collateralized borrowing for the proceeds received. On derecognition of a financial asset measured at amortized cost, the difference between the asset’s carrying amount and the sum of the consideration received and receivable is recognized in profit or loss. Financial liabilities and equity instruments Debt and equity instruments issued by a group entity are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument. Equity instruments An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities. Equity instruments issued by the Company are recognized at the proceeds received, net of direct issue costs. Effective interest method The effective interest method is a method of calculating the amortized cost of a financial liability and of allocating interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial liability, or, where appropriate, a shorter period, to the net carrying amount on initial recognition. Interest expense is recognized on an effective interest basis. Financial liabilities Interest-bearing borrowings are recognized initially at fair value less attributable transaction costs. They are subsequently stated at amortized cost with any difference between the amount initially recognized and redemption value being recognized in profit or loss over the period of the borrowings, together with any interest and fees payable, using the effective interest method. Trade and other payables are initially recognized at fair value. They are subsequently stated at amortized cost unless the effect of discounting would be immaterial, in which case they are stated at cost. Derecognition The Company derecognizes a financial asset only when the contractual rights to the cash flows from the asset expire. On derecognition of a financial asset in its entirety, the difference between the asset’s carrying amount and the sum of the consideration received and receivable and the cumulative gain or loss that had been recognized in other comprehensive income and accumulated in equity is recognized in profit or loss. The Company derecognizes a financial liability when, and only when, the Company’s obligations are discharged, cancelled or expire. The difference between the carrying amount of the financial liability derecognized and the consideration paid and payable is recognized in profit or loss.
Derivative financial instruments	2.11 Derivative financial instruments Initial recognition and subsequent measurement The Company uses derivative financial instruments, such as forward currency contracts, for investment purposes. Such derivative financial instruments are initially recognized at fair value on the date on which a derivative contract is entered into and are subsequently re-measured at fair value. Derivatives are carried as financial assets when the fair value is positive and as financial liabilities when the fair value is negative. Any gains or losses arising from changes in the fair value of derivatives are taken directly to profit or loss.
Leases	2.12 Leases Finance leases refers to the situation that the economic ownership of a leased asset is transferred to the lessee if the lessee bears substantially all the risks and rewards of ownership of the leased asset. All other leases are treated as operating leases. Where the Company has the use of assets under operating leases, payments made under the leases are charged to profit or loss on a straight line basis over the lease terms except where an alternative basis is more representative of the time pattern of benefits to be derived from the leased assets. Lease incentives received are recognized in profit or loss as an integral part of the aggregate net lease payments made. Contingent rental are charged to profit or loss in the accounting period in which they are incurred. Operating leases were treated in accordance to IFRS 16 commencing January 1, 2019. All the leases of the Company are operating leases for the years ended December 31, 2023, 2022 and 2021.
Provisions and contingencies	2.13 Provisions and contingencies Provisions for product warranties, legal disputes, onerous contracts or other claims are recognized when the Company has a present obligation (legal or constructive) as a result of a past event, and it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate of the amount of the obligation can be made. Where the time value of money is material, provisions are stated at the present value of the expenditure expected to settle the obligation. All provisions are reviewed at each reporting date and adjusted to reflect the current best estimate. Where it is not probable that an outflow of economic benefits will be required, or the amount cannot be estimated reliably, the obligation is disclosed as a contingent liability, unless the probability of outflow of economic benefits is remote. Possible obligations, whose existence will only be confirmed by the occurrence or non-occurrence of one or more future uncertain events not wholly within the control of the Company are also disclosed as contingent liabilities unless the probability of outflow of economic benefits is remote.
Share capital	2.14 Share capital Ordinary shares are classified as equity. Share capital is determined using the nominal value of shares that have been issued. The Company’s Class A ordinary shares, Class B ordinary shares and Preferred share have no par value as a result of amended and restated memorandum and articles of association effective on February 21, 2023. Any transaction costs associated with the issuing of shares are deducted from share premium (net of any related income tax benefit) to the extent they are incremental costs directly attributable to the equity transaction.
Revenue recognition	2.15 Revenue recognition The Company follows IFRS 15 for revenue recognition, recognises revenue to depict the transfer of promised goods or services to the customer in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To recognise revenue under IFRS 15, an entity applies the following five steps: ● identify the contract(s) with a customer. ● identify the performance obligations in the contract. Performance obligations are promises in a contract to transfer to a customer goods or services that are distinct. ● determine the transaction price. The transaction price is the amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer. If the consideration promised in a contract includes a variable amount, an entity must estimate the amount of consideration to which it expects to be entitled in exchange for transferring the promised goods or services to a customer. ● allocate the transaction price to each performance obligation on the basis of the relative stand-alone selling prices of each distinct good or service promised in the contract. ● recognise revenue when a performance obligation is satisfied by transferring a promised good or service to a customer (which is when the customer obtains control of that good or service). A performance obligation may be satisfied at a point in time (typically for promises to transfer goods to a customer) or over time (typically for promises to transfer services to a customer). For a performance obligation satisfied over time, an entity would select an appropriate measure of progress to determine how much revenue should be recognised as the performance obligation is satisfied. Consulting service and livestreaming ecommerce service are recognized when performance obligation is satisfied by providing the service to customers, usually at a point in time, the transaction price for each performance obligation is determined Interest income is recognized on a time-proportion basis using the effective interest method.
Impairment of non-financial assets	2.16 Impairment of non-financial assets Impairment testing is made on the Company’s goodwill at each reporting date. Property, plant and equipment and land use rights are tested for impairment if there is any indication that the assets may be impaired at the balance sheet date. If any indication exists, or when annual impairment testing for an asset is required, the Company estimates the asset’s recoverable amount. Calculation of recoverable amount An asset’s recoverable amount is the greater of an asset’s or cash-generating unit’s fair value less costs of disposal and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. Where an asset does not generate cash inflows largely independent of those from other assets, the recoverable amount is determined for the smallest group of assets that generates cash inflows independently (i.e. a cash-generating unit). Recognition of impairment losses An impairment loss is recognized in profit or loss whenever the carrying amount of an asset, or the cash-generating unit to which it belongs, exceeds its recoverable amount. Impairment losses recognized in respect of cash-generating units are allocated first to reduce the carrying amount of any goodwill allocated to that cash-generating unit (or group of units), and then, to reduce on a pro rata basis the carrying amount of the other assets in the unit (or group of units), except that the carrying amount of an asset will not be reduced below its individual fair value less costs of disposal (if measurable) or value in use (if determinable). Reversal of impairment losses In respect of assets other than goodwill, an impairment loss is reversed if there has been a favorable change in the estimates used to determine the recoverable amount. An impairment loss in respect of goodwill is not reversed. A reversal of an impairment loss is limited to the asset’s carrying amount that would have been determined had no impairment loss been recognized in prior years. Reversals of impairment losses are credited to profit or loss in the year in which the reversals are recognized.
Employee benefits	2.17 Employee benefits Retirement benefits The employees of the Company’s PRC subsidiaries are required to participate in a central pension scheme operated by the local municipal government. Contributions are recognized as an expense in profit or loss as employees render services during the year. The Company’s obligation under these plans is limited to the fixed percentage contributions payable. Share-based employee remuneration The Company operates equity-settled share-based remuneration plans for its employees. None of the Company’s plans feature any options for a cash settlement. The fair value of share options granted to employees is recognized as an employee cost with a corresponding increase in the share-based payment reserve within equity. The fair value is measured at the grant date using the Black Scholes Option Pricing Model, taking into account the terms and conditions upon which the options were granted. Where the employees have to meet vesting conditions before becoming unconditionally entitled to the share options, the total estimated fair value of the share options is spread over the vesting period, taking into account the probability that the options will vest. During the vesting period, the number of share options expected to vest is reviewed. Any resulting adjustment to the cumulative fair value recognized in prior years is charged/credited to the profit or loss for the year under review, unless the original employee expenses qualify for recognition as an asset, with a corresponding adjustment to the share-based payment reserve. On the vesting date, the amount recognized as an expense is adjusted to reflect the actual number of share options that vest (with a corresponding adjustment to the share-based payment reserve) except where forfeiture is only due to not achieving vesting conditions that relate to the market price of the Company’s shares. The equity amount is recognized in the share-based payment reserve until either the option is exercised (when it is transferred to the share premium account) or the option expires (when it is released directly to retained earnings).
Borrowing costs	2.18 Borrowing costs Borrowing costs consist of interest and other costs incurred in connection with the borrowing of funds. Borrowing costs directly attributable to the acquisition, construction or production of qualifying asset which necessarily takes a substantial period of time to get ready for its intended use or sale are capitalized as part of the cost of that asset until such time as the assets are substantially ready for their intended use or sale. Other borrowing costs are expensed when incurred.
Accounting for income taxes	2.19 Accounting for income taxes Income tax comprises current tax and deferred tax. Current tax and movements in deferred tax assets and liabilities are recognized in profit or loss except to the extent that they relate to items recognized in other comprehensive income or directly in equity, in which case the relevant amounts of tax are recognized in other comprehensive income or directly in equity, respectively. Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted or substantively enacted at the end of the reporting period, and any adjustment to tax payable in respect of previous years. Deferred tax is calculated using the liability method on temporary differences at the reporting date between the carrying amounts of assets and liabilities in the financial statements and their respective tax bases. Deferred tax liabilities are generally recognized for all taxable temporary differences. Deferred tax assets are recognized for all deductible temporary differences, tax losses available to be carried forward as well as other unused tax credits, to the extent that it is probable that taxable profit, including existing taxable temporary differences, will be available against which the deductible temporary differences, unused tax losses and unused tax credits can be utilized. Deferred tax assets and liabilities are not recognized if the temporary difference arises from goodwill or from initial recognition (other than in a business combination) of assets and liabilities in a transaction that affects neither taxable nor accounting profit or loss. Deferred tax liabilities are recognized for taxable temporary differences arising on investments in subsidiaries, associates and joint ventures, except where the Company is able to control the reversal of the temporary differences and it is probable that the temporary differences will not reverse in the foreseeable future. Deferred tax is calculated, without discounting, at the tax rates that are expected to apply in the period the liability is settled or the asset realized, based on tax rate (and tax laws) that have been enacted or substantively enacted at the reporting date. The carrying amount of a deferred tax asset is reviewed at the end of each reporting period and is reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow the related tax benefit to be utilized. Any such reduction is reversed to the extent that it becomes probable that sufficient taxable profits will be available. Additional income taxes that arise from the distribution of dividends are recognized when the liability to pay the related dividends is recognized. Current tax balances and deferred tax balances, and movements therein, are presented separately from each other and are not offset. Current tax assets are offset against current tax liabilities, and deferred tax assets are offset against deferred tax liabilities, if the Company has the legally enforceable right to set off the recognized amounts and the following additional conditions are met: (a) in the case of current tax assets and liabilities, the Company intends either to settle on a net basis, or to realize the asset and settle the liability simultaneously; or (b) in the case of deferred tax assets and liabilities, if they relate to income taxes levied by the same taxation authority on either: (i) the same taxable entity; or (ii) different taxable entities, which, in each future period in which significant amounts of deferred tax liabilities or assets are expected to be settled or recovered, intend either to settle current tax liabilities and realize the current tax assets on a net basis, or to settle the liabilities and realize the assets simultaneously.
Research and development activities	2.20 Research and development activities Costs associated with research activities are expensed in profit or loss as they incur. Costs that are directly attributable to development activities are recognized as intangible assets if, and only if, all of the following have been demonstrated: (i) the technical feasibility of completing the intangible asset so that the asset will be available for use or sale; (ii) the intention to complete the intangible asset and use or sell it; (iii) the ability to use or sell the intangible asset; (iv) how the intangible asset will generate probable future economic benefits; (v) the availability of adequate technical, financial and other resources to complete the development and to use or sell the intangible asset; and (vi) the ability to measure reliably the expenditure attributable to the intangible asset during its development. The amount initially recognized for internally-generated intangible assets is the sum of the expenditure incurred from the date when the intangible asset first meets the recognition criteria listed above. Where no internally-generated intangible asset can be recognized, development expenditure is recognized in profit or loss in the period in which it is incurred. Subsequent to initial recognition, internally-generated intangible assets are reported at cost less accumulated amortization and accumulated impairment losses, on the same basis as intangible assets that are acquired separately. Gains and losses arising from derecognition of an intangible asset, measured as the difference between the net disposal proceeds and the carrying amount of the asset, are recognized in profit or loss when the asset is derecognized.
Segment reporting	2.21 Segment reporting The Company identifies operating segments and prepares segment information based on the regular internal financial information reported to the Chief Executive Officer and executive directors, who are the Company’s chief operating decision maker, for their decisions about the allocation of resources to the Company’s business components and for their review of the performance of those components. Business segment The Company operates principally in the 1) manufacturing and sale of medium to high-end ceramic tiles and 2) providing business management consulting, information system technology consulting services including the sales of software use rights for digital data deposit platforms and asset management systems, and online social media platform development and consulting. The Chief Executive Officer and executive directors regularly review the Company’s business as two business segments. Geographical segment The business of the Company is engaged entirely in the PRC. The Chief Executive Officer and executive directors regularly review the Company’s business as one geographical segment.
Related parties	2.22 Related parties (a) A person, or a close member of that person’s family, is related to the Company if that person: (i) has control or joint control over the Company; (ii) has significant influence over the Company; or (iii) is a member of the key management personnel of the Company. (b) An entity is related to the Company if any of the following conditions applies: (iv) The entity and the Company are members of the same group (which means that each parent, subsidiary and fellow subsidiary is related to the others). (v) One entity is an associate or joint venture of the other entity (or an associate or joint venture of a member of a group of which the other entity is a member). (vi) Both entities are joint ventures of the same third party. (vii) One entity is a joint venture of a third entity and the other entity is an associate of the third entity. (viii) The entity is a post-employment benefit plan for the benefit of employees of either the Company or an entity related to the Company. (ix) The entity is controlled or jointly controlled by a person identified in (a). (x) A person identified in (a)(i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity). Close members of the family of a person are those family members who may be expected to influence, or be influenced by, that person in their dealings with the entity.

GENERAL INFORMATION (Tables)

GENERAL INFORMATION (Tables)	12 Months Ended
GENERAL INFORMATION (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF CHINA CERAMICS AND ITS SUBSIDIARIES CORPORATE STRUCTURE	SCHEDULE OF CHINA CERAMICS AND ITS SUBSIDIARIES CORPORATE STRUCTURE Name Place and date of incorporation or establishment/ operations Nominal value of issued ordinary share /registered capital Percentage of equity attributable to the Company Principal activities Direct Indirect Antelope USA Delaware, USA, January 4, 2023 US$ 1,000 100 — Holding company Success Winner Limited British Virgin Islands, May 29, 2009 US$ 1 100 — Investment holding Vast Elite Limited Hong Kong, September 22, 2017 HKD 1 — 100 Trading of building material Chengdu Future Talented Management and Consulting Co, Ltd (note 2) PRC, November 20, 2019 RMB 30,000,000 — 100 Business management and consulting services Antelope Enterprise (HK) Holdings Limited Hong Kong, December 3, 2019 HKD 10,000 — 100 Investment holding Antelope Holdings (Chengdu) Co., Ltd (note 3) PRC, May 9, 2020 USD 10,000,000 — 100 Business management and consulting services Hainan Antelope Holdings Co., Ltd (note 4) PRC, August 10, 2021 USD 10,000,000 — 100 Business management and consulting services Antelope Future (Yangpu) Investment Co., Ltd (note 5) PRC, August 11, 2021 USD 10,000,000 — 100 Business management and consulting services Antelope Investment (Hainan) Co., Ltd (note 6) PRC, August 23, 2021 RMB 50,000,000 — 100 Business management and consulting services Antelope Ruicheng Investment (Hainan) Co., Ltd (note 7) PRC, September 9, 2021 RMB 50,000,000 — 100 Business management and consulting services Hainan Kylin Cloud Services Technology Co., Ltd (note 8) PRC, September 18, 2021 RMB 5,000,000 — 51 Business management and consulting services Hangzhou Kylin Cloud Services Technology Co., Ltd (note 9) PRC, October 28, 2022 RMB 5,000,000 — 51 Business management and consulting services Anhui Kylin Cloud Services Technology Co., Ltd (note 10) PRC, November 2, 2022 RMB 5,000,000 — 51 Business management and consulting services Wenzhou Kylin Cloud Services (note 11) PRC, February 15, 2023 RMB 5,000,000 - 51 Business management and consulting services Hubei Kylin Cloud Services Technology Co., Ltd (note 12) PRC, August 15, 2023 RMB 5,000,000 — 51 Business management and consulting services Jiangxi Kylin Cloud Services Technology Co., Ltd (note 13) PRC, August 18, 2023 RMB 5,000,000 — 51 Business management and consulting services Note: 1. The registered capital of Hengda, Hengdali, Vast Elite and Antelope HK had been fully paid up. 2. Chengdu Future is allowed to pay the registered capital in full before November 12, 2049. 3. Antelope Chengdu is allowed to pay the registered capital in full before April 13, 2060. 4. Hainan Antelope is allowed to pay the registered capital in full before December 31, 2041. 5. Antelope Future is allowed to pay the registered capital in full before December 31, 2051. 6. Antelope Investment is allowed to pay the registered capital in full before December 31, 2041. 7. Antelope Ruicheng is allowed to pay the registered capital in full before December 31, 2051. 8. Hainan Kylin is allowed to pay the registered capital in full before September 16, 2050. 9. Hangzhou Kylin is allowed to pay the registered capital in full before October 21, 2042. 10. Anhui Kylin is allowed to pay the registered capital in full before October 31, 2042. 11. Wenzhou Kylin is allowed to pay the registered capital in full before February 15, 2043. 12. Hubei Kylin is allowed to pay the registered capital in full before August 15, 2045. 13. Jiangxi Kylin is allowed to pay the registered capital in full before August 15, 2053.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Dec. 31, 2023
Summary Of Significant Accounting Policies
SCHEDULE OF DEPRECIATION USING STRAIGHT-LINE METHOD	Depreciation is provided to write off the cost less their residual values over their estimated useful lives as follows, using the straight-line method: SCHEDULE OF DEPRECIATION USING STRAIGHT-LINE METHOD Plant and machinery 10 Motor vehicles 10 Office equipment 5

REVENUE AND OTHER INCOME (Table

REVENUE AND OTHER INCOME (Tables)	12 Months Ended
REVENUE AND OTHER INCOME (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF ANALYSIS ABOUT COMPANY'S REVENUE AND OTHER INCOME	Revenue comprises the fair value of the consideration received or receivable for the sale of goods. An analysis of the Company’s revenue and other income is as follows: SCHEDULE OF ANALYSIS ABOUT COMPANY'S REVENUE AND OTHER INCOME 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Revenue Continuing operations Business management and consulting 7,142 12,662 13,026 Livestreaming ecommerce 503,404 273,685 58,501 Discontinued operations Sale of goods (Note 30) 2,701 37,696 144,743 Total revenue 513,247 324,043 216,270 Total revenues 513,247 324,043 216,270 Other income Continuing operations Interest income 2,138 10 10 Foreign exchange gain — 73 — Government grant 302 — - Other 1,288 2,883 22 Discontinued operations Other income (Note 30) 5,716 14,244 9,388 Total other income 9,444 17,210 9,420
SCHEDULE OF OPERATIONS BY BUSINESS SEGMENT	The following table shows the Company’s operations by business segment for the years ended December 31, 2023, 2022 and 2021. SCHEDULE OF OPERATIONS BY BUSINESS SEGMENT 2023 2022 2021 For the year Ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Revenues Discontinued operations Sales of tile products 2,701 37,696 144,743 Continuing operations Consulting income / software 7,142 12,662 13,026 Livestreaming ecommerce 503,404 273,685 58,501 Total revenues 513,247 324,043 216,270 Cost of revenues Discontinued operations Sales of tile products 7,557 41,245 83,436 Continuing operations Consulting income / software 13,860 12,819 10,002 Livestreaming ecommerce 443,633 245,612 55,491 Total cost of revenues 465,050 299,676 148,929 Operating costs and expenses Discontinued operations Sales of tile products 3,245 25,324 20,292 Continuing operations Consulting income / software 7,330 4,613 9,760 Livestreaming ecommerce 60,285 25,167 195 Other 74,799 9,380 10,677 Total operating costs and expenses 145,659 64,484 40,924 Bad debt expense (reversal) Discontinued operations Sales of tile products (1,000 ) 33,365 115,407 Continuing operations Consulting income / software — 1,000 4,854 Livestreaming ecommerce — (3,751 ) 5,293 Total bad debt expense (reversal) (1,000 ) (30,614 ) 125,554 Other expense Discontinued operations Sales of tile products — — 90 Continuing operations Consulting income / software — 36 34 Livestreaming ecommerce — 6 — Other 1,204 — — Total other expense 1,204 42 124 Other income Discontinued operations Sales of tile products 5,716 14,244 9,389 Continuing operations Consulting income / software 87 115 29 Livestreaming ecommerce 354 2,148 — Other 3,287 703 2 Total other income 9,444 17,210 9,420 Loss from operations Discontinued operations Sales of tile products (1,385 ) (47,994 ) (65,093 ) Continuing operations Consulting income / software (13,961 ) (5,691 ) (11,595 ) Livestreaming ecommerce (160 ) 8,929 (2,478 ) Other (72,716 ) (8,677 ) (10,675 ) Loss from operations (88,222 ) (53,433 ) (89,841 ) As of As of December 31, December 31, 2023 2022 Segment assets Discontinued operations Sale of tile products — 74,675 Continuing operations Business management and consulting 51,336 15,924 Livestreaming ecommerce 13,513 15,004 Others 56,653 4,403 Total assets 121,502 110,006

FINANCE COSTS (Tables)

FINANCE COSTS (Tables)	12 Months Ended
FINANCE COSTS (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF INTEREST EXPENSE ON THE COMPANY’S BANK BORROWINGS	Finance costs comprise interest expense recognized from lease liabilities upon application of IFRS 16 and interest expense on convertible note: SCHEDULE OF INTEREST EXPENSE ON THE COMPANY’S BANK BORROWINGS 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Interest on lease liability– continuing operations — 25 51 Interest on lease liability - discontinued operations (Note 30) 293 1,479 2,115 Interest expense on convertible note 975 — —

LOSS BEFORE TAXATION (Tables)

LOSS BEFORE TAXATION (Tables)	12 Months Ended
LOSS BEFORE TAXATION (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF LOSS BEFORE TAXATION	The Company’s loss before taxation is arrived at after charging: SCHEDULE OF LOSS BEFORE TAXATION 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Cost of inventories recognized as expense (1) 7,557 41,245 148,929 Depreciation expenses 361 266 96 Amortization of land use rights — — — Right-of-use asset amortization charge 4,267 13,285 14,067 Auditors’ remuneration – Audit fees 2,070 2,003 1,898 – Audit-related fees — — — Auditor's remuneration for other services 2,070 2,003 1,898 Directors’ remuneration – salaries and related cost 425 1,619 1,656 – retirement scheme contribution 19 13 16 – share-based payments 7,037 — — Key management personnel (other than directors) – salaries and related cost 1,360 712 639 – retirement scheme contribution 125 16 23 – share-based payments 6,070 2,050 1,835 Research and development personnel – salaries and related cost 422 439 644 – retirement scheme contribution — 81 111 Other personnel – salaries and related cost 5,246 6,093 7,493 – retirement scheme contribution 610 1,262 1,318 Total employee benefit expenses 21,314 12,285 13,735 (1) Cost of inventories recognized as expense for discontinued operation included staff costs of RMB 159,000 2,539,000 4,065,000 32,000 556,108 756,704 nil nil nil 4,267,000 12,801,485 12,801,485 nil (4,045,000) (99,237,173)

INCOME TAX EXPENSE (Tables)

INCOME TAX EXPENSE (Tables)	12 Months Ended
INCOME TAX EXPENSE (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF INFORMATION ABOUT INCOME TAX EXPENSES	SCHEDULE OF INFORMATION ABOUT INCOME TAX EXPENSES 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Continuing operations Current Tax: PRC Income Tax 83 209 217 Reversal of income tax refundable — — — Current tax expense (income) and adjustments for current tax of prior periods Deferred tax expense — — — Tax per financial statements 83 209 217
SCHEDULE OF RECONCILIATION BETWEEN INCOME TAX EXPENSES (CREDIT) AND (LOSS) PROFIT BEFORE TAXATION AT APPLICABLE TAX RATES	Reconciliation between income tax expense and loss before taxation at applicable tax rates is as follows: SCHEDULE OF RECONCILIATION BETWEEN INCOME TAX EXPENSES (CREDIT) AND (LOSS) PROFIT BEFORE TAXATION AT APPLICABLE TAX RATES 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Loss before taxation including discontinued entities (14,375 ) (53,435 ) (89,841 ) Tax calculated at a tax rate of 25% (3,445 ) (13,359 ) (22,460 ) Tax effect on different tax rates of group entities operating in other jurisdictions 21,125 4,705 5,163 Change in net operating losses (17,597 ) 8,863 17,514 Tax per financial statements 83 209 217

LOSS PER SHARE (Tables)

LOSS PER SHARE (Tables)	12 Months Ended
LOSS PER SHARE (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF LOSS PER SHARE	SCHEDULE OF LOSS PER SHARE 2023 2022 2021 For the years ended December 31, 2023 2022 2021 Loss attributable to holders of ordinary shares (RMB’000): Net loss from continuing operations (86,801 ) (9,924 ) (19,077 ) Net loss from discontinued operations 72,461 (47,994 ) (69,675 ) Weighted average number of ordinary shares outstanding used in computing basic (loss)/earnings per share 2,220,209 836,880 514,774 Weighted average number of ordinary shares outstanding used in computing diluted (loss)/earnings per share 2,589,731 836,880 514,774 Loss per share - basic (RMB) - From continuing operations (39.10 ) (11.90 ) (37.10 ) - From discontinued operations 32.64 (57.30 ) (135.40 ) Loss per share - diluted (RMB) - From continuing operations (39.10 ) (11.90 ) (37.10 ) - From discontinued operations 27.98 (57.30 ) (135.40 )

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
PROPERTY, PLANT AND EQUIPMENT (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF INFORMATION ABOUT PROPERTY, PLANT AND EQUIPMENT	SCHEDULE OF INFORMATION ABOUT PROPERTY, PLANT AND EQUIPMENT Plant and Motor Office Buildings machinery vehicles equipment Total RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 Cost At January 1, 2022 18,271 746,042 5,369 2,065 771,747 Additions — — — 22 22 Transferred to assets classified as held for sale (18,271 ) (746,042 ) (4,225 ) (1,886 ) (770,424 ) At December 31,2022 — — 1,144 201 1,345 Additions — — 446 53 499 Disposals — — — — — At December 31, 2023 — — 1,590 254 1,844 Accumulated depreciation At January 1, 2022 1,845 349,382 3,802 1,601 356,630 Depreciation charge — — 217 49 266 Transferred to assets classified as held for sale (1,845 ) (349,382 ) (3,748 ) (1,582 ) (356,557 ) At December 31, 2022 — — 271 68 339 Depreciation charge — — 306 53 359 At December 31, 2023 — — 577 121 698 Impairment At January1, 2022 16,426 396,660 477 304 413,867 Transferred to assets classified as held for sale (16,426 ) (396,660 ) (477 ) (304 ) (413,867 ) At December 31, 2022 — — — — — Impairment losses recognized in loss — — — — — At December 31, 2023 — — — — — Carrying amount, net At December 31, 2022 — — 873 133 1,006 At December 31, 2023 — — 1,013 133 1,146

INVESTMENT PROPERTY (Tables)

INVESTMENT PROPERTY (Tables)	12 Months Ended
INVESTMENT PROPERTY (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF INFORMATION ABOUT INVESTMENT PROPERTY	SCHEDULE OF INFORMATION ABOUT INVESTMENT PROPERTY 2023 2022 RMB’000 RMB’000 Cost As of beginning of the year — 401,231 Transferred from property, plant and equipment — — Transferred from right-of-use assets — — Transferred to assets classified as held for sale — (401,231 ) As of end of the year — — Accumulated depreciation As of beginning of the year — (53,987 ) Depreciation for the year — — Transferred from property, plant and equipment — Transferred from right-of-use assets — Transferred to assets classified as held for sale — 53,987 As of end of the year — — Impairment for the year As of beginning of the year — (347,244 ) Investment property, beginning balance — (347,244 ) Transferred from property, plant and equipment — — Transferred from right-of-use assets — — Transferred to assets classified as held for sale — 347,244 As of end of the year — Investment property, ending balance — Carrying amount, net At December 31, 2023 and 2022 — — Investment property — —

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
INTANGIBLE ASSETS (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF INTANGIBLE ASSET	SCHEDULE OF INTANGIBLE ASSET Cost As of December 31, 2023 2022 RMB’000 RMB’000 Cost As of beginning of the year 7 — Addition — 7 Amortization for the year (2 ) (1 ) As of end of the year 7 7 Accumulated amortization As of beginning of the year (1 ) — Intangible assets and goodwill, beginning (1 ) — Amortization for the year (2 ) (1 ) As of end of the year (2 ) (1 ) Intangible assets and goodwill, ending (2 ) (1 ) Carrying amount - - At December 31, 2023 and 2022 4 6

FINANCIAL ASSETS (Tables)

FINANCIAL ASSETS (Tables)	12 Months Ended
FINANCIAL ASSETS (Tables)	Dec. 31, 2023
SCHEDULE OF FINANCIAL ASSETS	The following is an analysis of financial assets: SCHEDULE OF FINANCIAL ASSETS 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Unlisted financial assets 700 8,523

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
INVENTORIES (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF INFORMATION ABOUT INVENTORIES	SCHEDULE OF INFORMATION ABOUT INVENTORIES RMB’000 RMB’000 As of December 31, 2023 2022 RMB’000 RMB’000 Raw materials — — Work in progress — — Finished goods — — Inventories — —
SCHEDULE OF ANALYSIS OF THE AMOUNT OF INVENTORIES RECOGNIZED AS AN EXPENSE AND INCLUDED IN PROFIT OR LOSS	The analysis of the amount of inventories recognized from discontinued operations as an expense and included in profit or loss is as follows: SCHEDULE OF ANALYSIS OF THE AMOUNT OF INVENTORIES RECOGNIZED AS AN EXPENSE AND INCLUDED IN PROFIT OR LOSS 2023 2022 2021 For the years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Discontinued operations Carrying amount of inventories sold — 45,290 248,166 Write down (reversal) of inventories (included in cost of sales) — (4,045 ) (99,237 ) Cost of inventories recognized from discontinued operations ending balance — 41,245 148,929

TRADE RECEIVABLES (Tables)

TRADE RECEIVABLES (Tables)	12 Months Ended
TRADE RECEIVABLES (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF INFORMATION ABOUT TRADE RECEIVABLES	SCHEDULE OF INFORMATION ABOUT TRADE RECEIVABLES 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Trade receivables — — Less: provision for bad debt allowance — — Trade receivables, net — —

OTHER RECEIVABLES AND PREPAYM_2

OTHER RECEIVABLES AND PREPAYMENTS (Tables)	12 Months Ended
OTHER RECEIVABLES AND PREPAYMENTS (Tables)	Dec. 31, 2023
Other Receivables And Prepayments
SCHEDULE OF INFORMATION ABOUT OTHER RECEIVABLES AND PREPAYMENTS	SCHEDULE OF INFORMATION ABOUT OTHER RECEIVABLES AND PREPAYMENTS 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Prepaid expense and prepayments 14,485 13,269 Security deposit — 109 Other receivables 5,895 5,802 Other receivables and prepayments 20,380 19,180

CASH AND BANK BALANCES (Tables)

CASH AND BANK BALANCES (Tables)	12 Months Ended
CASH AND BANK BALANCES (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF CASH AND BANK BALANCES	SCHEDULE OF CASH AND BANK BALANCES 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Cash on hand — — Cash at banks 3,808 3,936 Cash and bank balances 3,808 3,936
SCHEDULE OF CASH AND BANK BALANCES THAT ARE DENOMINATED IN VARIOUS CURRENCIES	Cash and bank balances are denominated in the following currencies: SCHEDULE OF CASH AND BANK BALANCES THAT ARE DENOMINATED IN VARIOUS CURRENCIES 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Renminbi 3,619 3,104 Hong Kong dollars 1 2 US dollars 188 830 Cash and cash equivalents 3,808 3,936

TRADE PAYABLES (Tables)

TRADE PAYABLES (Tables)	12 Months Ended
TRADE PAYABLES (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF INFORMATION ABOUT TRADE PAYABLES	SCHEDULE OF INFORMATION ABOUT TRADE PAYABLES As of December 31, 2023 2022 RMB’000 RMB’000 Trade payables — 3,079

ACCRUED LIABILITIES AND OTHER_2

ACCRUED LIABILITIES AND OTHER PAYABLES (Tables)	12 Months Ended
ACCRUED LIABILITIES AND OTHER PAYABLES (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF INFORMATION ABOUT ACCRUED LIABILITIES AND OTHER PAYABLES	SCHEDULE OF INFORMATION ABOUT ACCRUED LIABILITIES AND OTHER PAYABLES 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Deposits received from distributors — — Accrued salary 488 402 Others 1,044 397 Current accrued expenses and other current liabilities 1,532 799
SCHEDULE OF ACCRUED LIABILITIES AND OTHER PAYABLES DENOMINATED IN VARIOUS CURRENCIES	Accrued liabilities and other payables are denominated in the following currencies: SCHEDULE OF ACCRUED LIABILITIES AND OTHER PAYABLES DENOMINATED IN VARIOUS CURRENCIES As of December 31, 2023 2022 ‘000 ‘000 In Renminbi 1,532 799 In US dollars — —

TAXES PAYABLE (Tables)

TAXES PAYABLE (Tables)	12 Months Ended
TAXES PAYABLE (Tables)	Dec. 31, 2023
Taxes Payable
SCHEDULE OF TAXES PAYABLE	SCHEDULE OF TAXES PAYABLE 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 VAT 1,902 436 Income tax 40 93 Property tax — — Other 51 53 Taxes payable 1,993 582

RIGHT-OF-USE ASSETS AND LEASE_2

RIGHT-OF-USE ASSETS AND LEASES LIABILITIES (Tables)	12 Months Ended
RIGHT-OF-USE ASSETS AND LEASES LIABILITIES (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SUMMARY OF CARRYING AMOUNTS OF RIGHT-OF-USE ASSETS FOR LEASE	The carrying amounts of right-of-use assets for lease are as below: SUMMARY OF CARRYING AMOUNTS OF RIGHT-OF-USE ASSETS FOR LEASE Net book amount at January 1, 2022 RMB 44,288,000 Net book amount at December 31, 2022 RMB 469,000 Net book amount at January 1, 2023 RMB 469,000 Net book amount at December 31, 2023 RMB nil
SCHEDULE OF LEASE LIABILITIES	The lease liabilities for continuing operations are as below: SCHEDULE OF LEASE LIABILITIES 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Lease liabilities - current — 328 Lease liabilities – noncurrent — 157 Total lease liabilities — 485
SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS FOR THE LEASES	Contractual undiscounted cash flows for the leases: SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS FOR THE LEASES As of December 31, 2023 Within one year One to five years Total contractual undiscounted cash flow RMB’000 RMB’000 RMB’000 — — —
SUMMARY OF CONSOLIDATED INCOME STATEMENT SHOWING THE AMOUNTS RELATING TO LEASES	The consolidated income statement shows the following amounts from continuing operations relating to leases: SUMMARY OF CONSOLIDATED INCOME STATEMENT SHOWING THE AMOUNTS RELATING TO LEASES Year ended December 31, 2023 Amortization charge of right-of-use assets — Interest expense — Year ended December 31, 2022 Amortization charge of right-of-use assets 484 Interest expense 25 Year ended December 31, 2021 Amortization charge of right-of-use assets 1,266 Interest expense 51 The consolidated income statement shows the following amounts from discontinued operations relating to leases: Year ended December 31, 2023 Amortization charge of right-of-use assets 4,267 Interest expense 293 Year ended December 31, 2022 Amortization charge of right-of-use assets 12,801 Interest expense 1,479 Year ended December 31, 2021 Amortization charge of right-of-use assets 12,801 Interest expense 2,115

SHARE CAPITAL (Tables)

SHARE CAPITAL (Tables)	12 Months Ended
SHARE CAPITAL (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF INFORMATION ABOUT CLASSES OF SHARE CAPITAL	SCHEDULE OF INFORMATION ABOUT CLASSES OF SHARE CAPITAL December 31, 2023 December 31, 2022 Number Number of shares of shares Authorized: Preferred shares, no par value 50,000,000 50,000,000 Class A Ordinary shares, no par value 200,000,000 200,000,000 Class B Ordinary shares, no par value 50,000,000 50,000,000 December 31, 2023 December 31, 2022 Number Number of shares of shares Issued: 3,251,917 805,785 Outstanding and fully paid: Ordinary shares, no par value At January 1 805,785 597,610 Issuance of new shares for equity financing 1,062,472 166,667 Note conversion into shares 70,867 — Equity compensation 1,312,793 41,508 At December 31 3,251,917 805,785
SCHEDULE OF PRINCIPAL ASSUMPTIONS USED IN VALUATION	SCHEDULE OF PRINCIPAL ASSUMPTIONS USED IN VALUATION Grant date (investors and placement agent, respectively) February 17, 2021 Share price at date of grant (investors and placement agent, respectively) US$ 4.45 Exercise price at date of grant (investors and placement agent, respectively) US$ 3.57 4.46 Volatility 107 % Warrant life 5 years Dividend yield 0 % Risk-free interest rate 0.57 % Average fair value at grant date US$ 3.54 Grant date (investors and placement agent, respectively) June 14, 2021 Share price at date of grant (investors and placement agent, respectively) US$ 3.15 Exercise price at date of grant (investors and placement agent, respectively) US$ 3.42 4.35 Volatility 115 % Warrant life 5 Dividend yield 0 % Risk-free interest rate 0.80 % Average fair value at grant date US$ 2.50 Grant date (investors and placement agent, respectively) October 4, 2022 Share price at date of grant (investors and placement agent, respectively) US$ 0.58 Exercise price at date of grant (investors and placement agent, respectively) US$ 0.82 0.75 Volatility 104 % Warrant life 5 Dividend yield 0 % Risk-free interest rate 3.96 % Average fair value at grant date US$ 0.43
SCHEDULE OF SUMMARY OF THE WARRANT ACTIVITY	SCHEDULE OF SUMMARY OF THE WARRANT ACTIVITY Weighted Average Remaining Average Contractual Number of Exercise Term in Warrants Price Years Outstanding at January 1, 2022 186,841 $ 35.0 4.14 Exercisable at January 1, 2022 186,841 $ 35.0 4.14 Granted 183,333 8.1 5.00 Exercised — — — Forfeited — — — Expired — — — Outstanding at December 31, 2022 370,174 21.7 4.02 Exercisable at December 31, 2022 370,174 21.7 4.02 Granted — — — Exercised — — — Forfeited — — — Expired 7,219 38.1 — Outstanding at December 31, 2023 362,955 $ 21.32 2.24 Exercisable at December 31, 2023 362,955 $ 21.32 2.24

SIGNIFICANT RELATED PARTY TRA_2

SIGNIFICANT RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
SIGNIFICANT RELATED PARTY TRANSACTIONS (Tables)	Dec. 31, 2023
SCHEDULE OF DUE FROM RELATED PARTIES	SCHEDULE OF DUE FROM RELATED PARTIES 2023 2022 RMB’000 RMB’000 Liping Huang (CEO’s spouse) 3,550 - Lei Deng (legal representative of one of the subsidiaries) 1,964 - Xiaorong Yang (legal representative of one of the subsidiaries) 3,830 - Total 9,344 -
SCHEDULE OF SIGNIFICANT RELATED PARTY TRANSACTIONS	SCHEDULE OF SIGNIFICANT RELATED PARTY TRANSACTIONS 2023 2022 RMB’000 RMB’000 Amounts owed to related parties 553 1,291 Current payables to related parties, Total 553 1,291

COMMITMENTS (Tables)

COMMITMENTS (Tables)	12 Months Ended
COMMITMENTS (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF TOTAL FUTURE MINIMUM LEASE PAYMENTS	SCHEDULE OF TOTAL FUTURE MINIMUM LEASE PAYMENTS 2023 2022 2021 As of December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Within one year — 328 13,404 After one year and within five years — 157 33,325 Operating lease commitments — 485 46,729
SCHEDULE OF CAPITAL EXPENDITURES CONTRACTED FOR AT THE BALANCE SHEET DATE BUT NOT RECOGNIZED	SCHEDULE OF CAPITAL EXPENDITURES CONTRACTED FOR AT THE BALANCE SHEET DATE BUT NOT RECOGNIZED 2023 2022 2021 As of December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Contracted for capital commitment in respect of capital contribution to its wholly foreign owned subsidiary in the PRC: Chengdu Future 26,074 30,000 30,000 Antelope Chengdu 46,889 65,250 62,250 Hainan Antelope Holding 63,726 63,726 63,726 Antelope Future (Yangpu) 60,970 63,726 63,726 Antelope Investment (Hainan) 50,000 50,000 50,000 Antelope Ruicheng Investment 47,245 50,000 50,000 Hangzhou Kylin Cloud Service Technology — 4,500 — Anhui Kylin Cloud Service Technology 2,900 4,900 — Wenzhou Kylin Cloud Service Technology 5,000 — — Hubei Kylin Cloud Service Technology 5,000 — — Jiangxi Kylin Cloud Service Technology 5,000 — —

DISPOSAL OF SUBSIDIARIES (Table

DISPOSAL OF SUBSIDIARIES (Tables)	12 Months Ended
DISPOSAL OF SUBSIDIARIES (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF ASSETS AND LIABILITIES OF DISPOSAL GROUP	SCHEDULE OF ASSETS AND LIABILITIES OF DISPOSAL GROUP As of April 28, 2023 RMB’000 Right-of-use assets, net 26,670 Inventories, net 25,798 Trade receivables, net 2,875 Other receivables and prepayments 2,890 Cash and bank balances 256 Accrued liabilities and other payables (19,143 ) Amounts owed to related parties (35,057 ) Lease liabilities (19,315 ) Taxes payable (77 )
SCHEDULE OF ASSETS AND LIABILITIES OF DISPOSAL GROUP CLASSIFIED AS HELD FOR SALE	Assets and liabilities of the Disposal Group were classified as “Assets classified as held for sale” and “Liabilities directly associated with assets classified as held for sale” respectively, in accordance with IFRS 5 as at December 31, 2022, is summarized in the following table. SCHEDULE OF ASSETS AND LIABILITIES OF DISPOSAL GROUP CLASSIFIED AS HELD FOR SALE As of December 31, RMB’000 ASSETS CLASSIFIED AS HELD FOR SALE Right-of-use assets, net 30,937 Inventories, net 28,749 Trade receivables, net 11,683 Other receivables and prepayments 3,000 Cash and bank balances 306 Total assets of the Disposal Group held for sale 74,675 As of December 31, RMB’000 LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS CLASSIFIED AS HELD FOR SALE Accrued liabilities and other payables 19,197 Amounts owed to related parties 35,057 Lease liabilities 33,325 Taxes payable 951 Total liabilities of the Disposal Group directly associated with assets classified as held for sale 88,530
SCHEDULE OF FINANCIAL PERFORMANCE AND CASH FLOW INFORMATION	The financial performance and cash flow information presented are for the years ended December 31, 2023, 2022 and 2021. SCHEDULE OF FINANCIAL PERFORMANCE AND CASH FLOW INFORMATION 2023 2022 2021 Years ended December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Financial performance Net sales 2,701 37,696 144,743 Cost of goods sold 7,557 41,245 83,436 Gross profit (loss) (4,856 ) (3,549 ) 61,307 Other income 5,716 14,244 9,388 Selling and distribution expenses (1,517 ) (5,913 ) (6,298 ) Administrative expenses (434 ) (51,297 ) (131,867 ) Finance costs (293 ) (1,479 ) (2,115 ) Other expenses — — (90 ) Loss before taxation (1,384 ) (47,994 ) (69,675 ) Gain on disposal of discontinued operations 73,846 — — Net income (loss) for the year from discontinued operations 72,461 (47,994 ) (69,675 ) Cash flow information Net cash generated from operating activities from discontinued operations 14,118 4,982 3,314 Net cash used in investing activities from discontinued operations — — — Net cash used in financing activities from discontinued operations (14,303 ) (14,303 ) (14,303 ) Net (decrease) increase in cash and cash equivalents from discontinued operations (185 ) (9,321 ) (10,989 )

FINANCIAL RISK MANAGEMENT (Tabl

FINANCIAL RISK MANAGEMENT (Tables)	12 Months Ended
FINANCIAL RISK MANAGEMENT (Tables)	Dec. 31, 2023
Notes and other explanatory information [abstract]
SCHEDULE OF COMPANY REMAINING CONTRACTUAL MATURITIES FOR ITS FINANCIAL LIABILITIES	The following table details the Company’s remaining contractual maturities for its financial liabilities. The table has been drawn up based on undiscounted cash flows of financial liabilities based on the earliest date on which the Company can be required to pay. The table includes both interest and principal cash flows. To the extent that interest flows are at a floating rate, the undiscounted amount is calculated based on interest rate at the end of the reporting periods: SCHEDULE OF COMPANY REMAINING CONTRACTUAL MATURITIES FOR ITS FINANCIAL LIABILITIES As of December 31, 2023 Total Within 1 year More than 1 year but less than 5 years contractual undiscounted cash flow Carrying amount RMB’000 RMB’000 RMB’000 RMB’000 Amounts owed to related parties 553 — 553 553 Note payable 7,597 7,394 14,991 14,991 Total 8,150 7,394 15,544 15,544 As of December 31, 2022 More than 1 Total contractual Within 1 year year but less than 5 years undiscounted cash flow Carrying amount RMB’000 RMB’000 RMB’000 RMB’000 Trade payables 3,079 — 3,079 3,079 Amounts owed to related parties 1,291 — 1,291 1,291 Note payable — 8,775 8,775 8,775 Lease liabilities 349 146 495 495 Total 4,719 8,921 13,640 13,640
SUMMARY OF LOSS BEFORE TAXATION	SUMMARY OF LOSS BEFORE TAXATION As of December 31, 2023 2022 2021 RMB’000 RMB’000 RMB’000 Loss before taxation 8 39 895

CAPITAL MANAGEMENT (Tables)

CAPITAL MANAGEMENT (Tables)	12 Months Ended
CAPITAL MANAGEMENT (Tables)	Dec. 31, 2023
Capital Management
SCHEDULE OF CAPITAL STRUCTURE	SCHEDULE OF CAPITAL STRUCTURE 2023 2022 As of December 31, 2023 2022 RMB’000 RMB’000 Interest-bearing bank borrowings — — Note payable 14,991 8,775 Amounts owed to related parties 553 1,291 Total debts 15,544 10,066 Less: Cash and cash equivalents (excluding restricted bank balances) (3,808 ) (3,936 ) Net debts 11,736 6,130 Equity attributable to shareholders of the Company 96,942 1,047 Gearing ratio 12 % 585 %

SCHEDULE OF CHINA CERAMICS AND

SCHEDULE OF CHINA CERAMICS AND ITS SUBSIDIARIES CORPORATE STRUCTURE (Details)	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 HKD ($)	Sep. 22, 2017 HKD ($)
Antelope usa [member]
IfrsStatementLineItems [Line Items]
Name	Antelope USA
Place and date of incorporation or establishment/operations	Delaware, USA, January 4, 2023
Nominal value of issued ordinary share/registered capital \| $	$ 1,000
Percentage of equity attributable to the Company Direct	100%
Principal activities	Holding company
Success winner limited [member]
IfrsStatementLineItems [Line Items]
Name	Success Winner Limited
Place and date of incorporation or establishment/operations	British Virgin Islands, May 29, 2009
Nominal value of issued ordinary share/registered capital \| $	$ 1
Percentage of equity attributable to the Company Direct	100%
Principal activities	Investment holding
Vast elite limited [member]
IfrsStatementLineItems [Line Items]
Name	Vast Elite Limited
Place and date of incorporation or establishment/operations	Hong Kong, September 22, 2017
Nominal value of issued ordinary share/registered capital \| $			$ 1	$ 1
Principal activities	Trading of building material
Percentage of equity attributable to the Company Indirect	100%
Chengdu future talented management and consulting co, ltd [member]
IfrsStatementLineItems [Line Items]
Name	Chengdu Future Talented Management and Consulting Co, Ltd (note 2)
Place and date of incorporation or establishment/operations	PRC, November 20, 2019
Nominal value of issued ordinary share/registered capital		¥ 30,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	100%
Antelope enterprise hk holdings limited [member]
IfrsStatementLineItems [Line Items]
Name	Antelope Enterprise (HK) Holdings Limited
Place and date of incorporation or establishment/operations	Hong Kong, December 3, 2019
Nominal value of issued ordinary share/registered capital \| $			$ 10,000
Principal activities	Investment holding
Percentage of equity attributable to the Company Indirect	100%
Antelope holdings (chengdu) co., ltd [member]
IfrsStatementLineItems [Line Items]
Name	Antelope Holdings (Chengdu) Co., Ltd (note 3)
Place and date of incorporation or establishment/operations	PRC, May 9, 2020
Nominal value of issued ordinary share/registered capital \| $	$ 10,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	100%
Hainan antelope holdings co., ltd [member]
IfrsStatementLineItems [Line Items]
Name	Hainan Antelope Holdings Co., Ltd (note 4)
Place and date of incorporation or establishment/operations	PRC, August 10, 2021
Nominal value of issued ordinary share/registered capital \| $	$ 10,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	100%
Antelope future (yangpu) investment co., ltd [member]
IfrsStatementLineItems [Line Items]
Name	Antelope Future (Yangpu) Investment Co., Ltd (note 5)
Place and date of incorporation or establishment/operations	PRC, August 11, 2021
Nominal value of issued ordinary share/registered capital \| $	$ 10,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	100%
Antelope investment (hainan) co., ltd [member]
IfrsStatementLineItems [Line Items]
Name	Antelope Investment (Hainan) Co., Ltd (note 6)
Place and date of incorporation or establishment/operations	PRC, August 23, 2021
Nominal value of issued ordinary share/registered capital		50,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	100%
Antelope ruicheng investment (hainan) co., ltd [member]
IfrsStatementLineItems [Line Items]
Name	Antelope Ruicheng Investment (Hainan) Co., Ltd (note 7)
Place and date of incorporation or establishment/operations	PRC, September 9, 2021
Nominal value of issued ordinary share/registered capital		50,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	100%
Hainan kylin cloud services technology co., ltd [member]
IfrsStatementLineItems [Line Items]
Name	Hainan Kylin Cloud Services Technology Co., Ltd (note 8)
Place and date of incorporation or establishment/operations	PRC, September 18, 2021
Nominal value of issued ordinary share/registered capital		5,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	51%
Hangzhou kylin cloud services technology co. Ltd [member]
IfrsStatementLineItems [Line Items]
Name	Hangzhou Kylin Cloud Services Technology Co., Ltd (note 9)
Place and date of incorporation or establishment/operations	PRC, October 28, 2022
Nominal value of issued ordinary share/registered capital		5,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	51%
Anhui kylin cloud services technology co.Ltd [member]
IfrsStatementLineItems [Line Items]
Name	Anhui Kylin Cloud Services Technology Co., Ltd (note 10)
Place and date of incorporation or establishment/operations	PRC, November 2, 2022
Nominal value of issued ordinary share/registered capital		5,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	51%
Wenzhou kylin cloud services [member]
IfrsStatementLineItems [Line Items]
Name	Wenzhou Kylin Cloud Services (note 11)
Place and date of incorporation or establishment/operations	PRC, February 15, 2023
Nominal value of issued ordinary share/registered capital		5,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	51%
Hubei kylin cloud services technology co ltd [member]
IfrsStatementLineItems [Line Items]
Name	Hubei Kylin Cloud Services Technology Co., Ltd (note 12)
Place and date of incorporation or establishment/operations	PRC, August 15, 2023
Nominal value of issued ordinary share/registered capital		5,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	51%
Jiangxi kylin cloud services technology co ltd [member]
IfrsStatementLineItems [Line Items]
Name	Jiangxi Kylin Cloud Services Technology Co., Ltd (note 13)
Place and date of incorporation or establishment/operations	PRC, August 18, 2023
Nominal value of issued ordinary share/registered capital		¥ 5,000,000
Principal activities	Business management and consulting services
Percentage of equity attributable to the Company Indirect	51%

GENERAL INFORMATION (Details Na

GENERAL INFORMATION (Details Narrative)

12 Months Ended

Feb. 21, 2023 CNY (¥) ¥ / shares shares

Dec. 30, 2022 CNY (¥)

Sep. 03, 2020 ¥ / shares shares

Jan. 08, 2010 CNY (¥)

Jun. 30, 2009 CNY (¥) shares

Dec. 31, 2023 CNY (¥)

Dec. 31, 2022 CNY (¥) shares

Dec. 31, 2021 CNY (¥) shares

Dec. 31, 2023 USD ($) shares

Dec. 31, 2023 CNY (¥) shares

Dec. 31, 2023 HKD ($) shares

Aug. 18, 2023

Aug. 15, 2023

Aug. 02, 2023 shares

Mar. 30, 2023 shares

Feb. 15, 2023

Jan. 13, 2023 $ / shares shares

Jan. 10, 2023 $ / shares shares

Jan. 04, 2023

Nov. 02, 2022

Oct. 28, 2022

Sep. 18, 2021

Sep. 09, 2021

Aug. 23, 2021

Aug. 11, 2021

Aug. 10, 2021

Sep. 02, 2020 shares

May 05, 2020

Dec. 03, 2019

Nov. 20, 2019

Sep. 22, 2017 HKD ($)

Nov. 20, 2009 $ / shares shares

Jun. 30, 2009 HKD ($) $ / shares

May 29, 2009 USD ($)

May 29, 2009 ¥ / shares

Apr. 01, 2008 CNY (¥)

Jan. 17, 2008 HKD ($)

Jan. 17, 2008 ¥ / shares

IfrsStatementLineItems [Line Items]

Number of shares outstanding

10,035,188

3,100,000

805,785

597,610

3,251,917

9,200,000

Par value per share | $ / shares

$ 0.024

Borrowings interest rate

Unsecured Promissory note | ¥

¥ 8,500,000

Proceeds from issue of ordinary shares | ¥

¥ 58,929,000

¥ 5,724,000

¥ 29,586,000

Number of shares authorized

977,755

Number of shares issued

166,667

1,062,472

2,083,333

5,681,820

1,234,568

1,625,000

Preferred shares issued capital

50,000,000

Equity, Reverse Stock Split

Company effected a reverse stock split, every three issued and outstanding ordinary shares as of the effective
date will automatically be combined into one issued and outstanding share

Bottom of range [member]

IfrsStatementLineItems [Line Items]

Par value per share | ¥ / shares

¥ 0.008

Top of range [member]

IfrsStatementLineItems [Line Items]

Par value per share | ¥ / shares

¥ 0.024

Class B ordinary shares [member]

IfrsStatementLineItems [Line Items]

Number of shares outstanding

977,755

Class A ordinary shares [member]

IfrsStatementLineItems [Line Items]

Number of shares authorized

200,000,000

Number of shares issued

200,000,000

Class B ordinary shares [member]

IfrsStatementLineItems [Line Items]

Number of shares authorized

50,000,000

Number of shares issued

50,000,000

New stonehenge limited [member]

IfrsStatementLineItems [Line Items]

Ownership percent

100%

Memorandum and articles of association [member]

IfrsStatementLineItems [Line Items]

Par value per share | ¥ / shares

¥ 0.024

Proceeds from issue of ordinary shares | ¥

¥ 4,800,000

Number of shares authorized

200,000,000

Number of shares issued

250,000,000

Vast elite limited [member]

IfrsStatementLineItems [Line Items]

Issued capital | $

$ 1

Percentage of voting equity interests acquired

100%

Antelope holdings (chengdu) co., ltd [member]

IfrsStatementLineItems [Line Items]

Issued capital | $

$ 10,000,000

Percentage of voting equity interests acquired

100%

Hainan antelope holdings co., ltd [member]

IfrsStatementLineItems [Line Items]

Issued capital | $

10,000,000

Percentage of voting equity interests acquired

100%

Antelope future (yangpu) investment co., ltd [member]

IfrsStatementLineItems [Line Items]

Issued capital | $

$ 10,000,000

Percentage of voting equity interests acquired

100%

Antelope investment (hainan) co., ltd [member]

IfrsStatementLineItems [Line Items]

Issued capital | ¥

¥ 50,000,000

Percentage of voting equity interests acquired

100%

Antelope ruicheng investment (hainan) co., ltd [member]

IfrsStatementLineItems [Line Items]

Issued capital | ¥

50,000,000

Percentage of voting equity interests acquired

100%

Hainan kylin cloud services technology co., ltd [member]

IfrsStatementLineItems [Line Items]

Issued capital | ¥

5,000,000

Percentage of voting equity interests acquired

51%

Hangzhou kylin cloud services technology co. Ltd [member]

IfrsStatementLineItems [Line Items]

Issued capital | ¥

5,000,000

Percentage of voting equity interests acquired

100%

Anhui kylin cloud services technology co.Ltd [member]

IfrsStatementLineItems [Line Items]

Issued capital | ¥

5,000,000

Percentage of voting equity interests acquired

100%

Antelope enterprise holding usa inc [member]

IfrsStatementLineItems [Line Items]

Percentage of voting equity interests acquired

100%

Wenzhou kylin cloud services technology co ltd [member]

IfrsStatementLineItems [Line Items]

Percentage of voting equity interests acquired

100%

Hubei kylin cloud services technology co ltd [member]

IfrsStatementLineItems [Line Items]

Issued capital | ¥

5,000,000

Percentage of voting equity interests acquired

100%

Jiangxi kylin cloud services technology co ltd [member]

IfrsStatementLineItems [Line Items]

Issued capital | ¥

5,000,000

Percentage of voting equity interests acquired

100%

Hengda ceramics co ltd [member]

IfrsStatementLineItems [Line Items]

Ownership percent

100%

Hengdali ceramic materials co ltd [member]

IfrsStatementLineItems [Line Items]

Ownership percent

100%

Fujian province jinjiang city anhai junbing hengda construction material factory [member]

IfrsStatementLineItems [Line Items]

Proportion of ownership interests held by non-controlling interests

15%

Chi wah trading import and export company [member]

IfrsStatementLineItems [Line Items]

Ownership percent

85%

Mr. Wong kung tok [member]

IfrsStatementLineItems [Line Items]

Issued capital | $

$ 1

Par value per share | (per share)

$ 1

¥ 1

Amounts payable, related party transactions

¥ 58,900,000

¥ 40,200,000

$ 67,900,000

Stock issued during period, shares to related parties

9,999

Chengdu future talented management and consulting co, ltd [member]

IfrsStatementLineItems [Line Items]

Percentage of voting equity interests acquired

100%

Antelope enterprise hk holdings limited [member]

IfrsStatementLineItems [Line Items]

Percentage of voting equity interests acquired

100%

Success winner limited [member]

IfrsStatementLineItems [Line Items]

Business combination, consideration, exchange price of share | $ / shares

$ 10

Business combination, consideration, number of outstanding shares acquired

5,743,320

Number of shares outstanding

8,950,171

Issued capital | $

$ 1

Success winner limited [member] | Mr. Wong kung tok [member]

IfrsStatementLineItems [Line Items]

Par value per share | ¥ / shares

¥ 1

Anhai hengda [member]

IfrsStatementLineItems [Line Items]

Percentage of voting equity interests acquired

100%

Anhai hengda and chi wah [member]

IfrsStatementLineItems [Line Items]

Consideration transferred, acquisition-date fair value | ¥

¥ 58,980,000

Jiangxi hengdali ceramic materials co., ltd [member]

IfrsStatementLineItems [Line Items]

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Loans | ¥

¥ 60,000,000

Consideration paid (received) | ¥

¥ 185,500,000

SCHEDULE OF DEPRECIATION USING

SCHEDULE OF DEPRECIATION USING STRAIGHT-LINE METHOD (Details)	12 Months Ended
	Dec. 31, 2023
Plant and machineries [member]
IfrsStatementLineItems [Line Items]
Useful life measured as period of time, property, plant and equipment	10 years
Motor vehicles [member]
IfrsStatementLineItems [Line Items]
Useful life measured as period of time, property, plant and equipment	10 years
Office equipment [member]
IfrsStatementLineItems [Line Items]
Useful life measured as period of time, property, plant and equipment	5 years

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	12 Months Ended
	Dec. 31, 2023 $ / shares	Dec. 31, 2023 ¥ / shares	Aug. 02, 2023 $ / shares	Mar. 30, 2023 $ / shares	Jan. 13, 2023 $ / shares	Jan. 10, 2023 $ / shares
IfrsStatementLineItems [Line Items]
Share issued price per share \| (per share)	$ 1	¥ 7.10	$ 0.48	$ 0.88	$ 0.81	$ 0.80
Amortization period of land use rights	50 years
Buildings [member]
IfrsStatementLineItems [Line Items]
Useful life measured as period of time, property, plant and equipment	40 years

SCHEDULE OF ANALYSIS ABOUT COMP

SCHEDULE OF ANALYSIS ABOUT COMPANY'S REVENUE AND OTHER INCOME (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total revenues	¥ 513,247	¥ 324,043	¥ 216,270
Sale of goods (Note 30)	2,701	37,696	144,743
Interest income	2,138	10	10
Foreign exchange gain		73
Government grant	302
Other	1,288	2,883	22
Other income (Note 30)	5,716	14,244	9,388
Total other income	9,444	17,210	9,420
Business management and consulting [member]
Revenue
Total revenues	7,142	12,662	13,026
Business management and consulting livestreaming ecommerce [member]
Revenue
Livestreaming ecommerce	¥ 503,404	¥ 273,685	¥ 58,501

SCHEDULE OF OPERATIONS BY BUSIN

SCHEDULE OF OPERATIONS BY BUSINESS SEGMENT (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
IfrsStatementLineItems [Line Items]
Total revenues	¥ 510,546	¥ 286,347	¥ 71,527
Total cost of revenues	457,493	258,431	65,493
Total bad debt expense (reversal)		2,751	(10,148)
Total other expense	1,204	42	34
Total other income	3,728	2,966	32
Loss from operations	(12,991)	(5,441)	(20,166)
Total assets	121,502	110,006
Operating segments [member] \| Revenues [member]
IfrsStatementLineItems [Line Items]
Total revenues	513,247	324,043	216,270
Operating segments [member] \| Cost of revenues [member]
IfrsStatementLineItems [Line Items]
Total cost of revenues	465,050	299,676	148,929
Operating segments [member] \| Operating costs and expenses [member]
IfrsStatementLineItems [Line Items]
Total operating costs and expenses	145,659	64,484	40,924
Operating segments [member] \| Bad debt expense reversal [member]
IfrsStatementLineItems [Line Items]
Total bad debt expense (reversal)	(1,000)	(30,614)	125,554
Operating segments [member] \| Other expenses [member]
IfrsStatementLineItems [Line Items]
Total other expense	1,204	42	124
Operating segments [member] \| Other incomes [member]
IfrsStatementLineItems [Line Items]
Total other income	9,444	17,210	9,420
Operating segments [member] \| Income Loss From Operations [Member]
IfrsStatementLineItems [Line Items]
Loss from operations	(88,222)	(53,433)	(89,841)
Operating segments [member] \| Segment assets [member]
IfrsStatementLineItems [Line Items]
Total assets	121,502	110,006
Sale of tile products [member] \| Operating segments [member] \| Revenues [member]
IfrsStatementLineItems [Line Items]
Total revenues	2,701	37,696	144,743
Sale of tile products [member] \| Operating segments [member] \| Cost of revenues [member]
IfrsStatementLineItems [Line Items]
Total cost of revenues	7,557	41,245	83,436
Sale of tile products [member] \| Operating segments [member] \| Operating costs and expenses [member]
IfrsStatementLineItems [Line Items]
Total operating costs and expenses	3,245	25,324	20,292
Sale of tile products [member] \| Operating segments [member] \| Bad debt expense reversal [member]
IfrsStatementLineItems [Line Items]
Total bad debt expense (reversal)	(1,000)	33,365	115,407
Sale of tile products [member] \| Operating segments [member] \| Other expenses [member]
IfrsStatementLineItems [Line Items]
Total other expense			90
Sale of tile products [member] \| Operating segments [member] \| Other incomes [member]
IfrsStatementLineItems [Line Items]
Total other income	5,716	14,244	9,389
Sale of tile products [member] \| Operating segments [member] \| Income Loss From Operations [Member]
IfrsStatementLineItems [Line Items]
Loss from operations	(1,385)	(47,994)	(65,093)
Sale of tile products [member] \| Operating segments [member] \| Segment assets [member]
IfrsStatementLineItems [Line Items]
Total assets		74,675
Consulting income and software [member] \| Operating segments [member] \| Revenues [member]
IfrsStatementLineItems [Line Items]
Total revenues	7,142	12,662	13,026
Consulting income and software [member] \| Operating segments [member] \| Cost of revenues [member]
IfrsStatementLineItems [Line Items]
Total cost of revenues	13,860	12,819	10,002
Consulting income and software [member] \| Operating segments [member] \| Operating costs and expenses [member]
IfrsStatementLineItems [Line Items]
Total operating costs and expenses	7,330	4,613	9,760
Consulting income and software [member] \| Operating segments [member] \| Bad debt expense reversal [member]
IfrsStatementLineItems [Line Items]
Total bad debt expense (reversal)		1,000	4,854
Consulting income and software [member] \| Operating segments [member] \| Other expenses [member]
IfrsStatementLineItems [Line Items]
Total other expense		36	34
Consulting income and software [member] \| Operating segments [member] \| Other incomes [member]
IfrsStatementLineItems [Line Items]
Total other income	87	115	29
Consulting income and software [member] \| Operating segments [member] \| Income Loss From Operations [Member]
IfrsStatementLineItems [Line Items]
Loss from operations	(13,961)	(5,691)	(11,595)
Livestreaming e-commerce [member] \| Operating segments [member] \| Revenues [member]
IfrsStatementLineItems [Line Items]
Total revenues	503,404	273,685	58,501
Livestreaming e-commerce [member] \| Operating segments [member] \| Cost of revenues [member]
IfrsStatementLineItems [Line Items]
Total cost of revenues	443,633	245,612	55,491
Livestreaming e-commerce [member] \| Operating segments [member] \| Operating costs and expenses [member]
IfrsStatementLineItems [Line Items]
Total operating costs and expenses	60,285	25,167	195
Livestreaming e-commerce [member] \| Operating segments [member] \| Bad debt expense reversal [member]
IfrsStatementLineItems [Line Items]
Total bad debt expense (reversal)		(3,751)	5,293
Livestreaming e-commerce [member] \| Operating segments [member] \| Other expenses [member]
IfrsStatementLineItems [Line Items]
Total other expense		6
Livestreaming e-commerce [member] \| Operating segments [member] \| Other incomes [member]
IfrsStatementLineItems [Line Items]
Total other income	354	2,148
Livestreaming e-commerce [member] \| Operating segments [member] \| Income Loss From Operations [Member]
IfrsStatementLineItems [Line Items]
Loss from operations	(160)	8,929	(2,478)
Livestreaming e-commerce [member] \| Operating segments [member] \| Segment assets [member]
IfrsStatementLineItems [Line Items]
Total assets	13,513	15,004
Other Segment [member] \| Operating segments [member] \| Operating costs and expenses [member]
IfrsStatementLineItems [Line Items]
Total operating costs and expenses	74,799	9,380	10,677
Other Segment [member] \| Operating segments [member] \| Other expenses [member]
IfrsStatementLineItems [Line Items]
Total other expense	1,204
Other Segment [member] \| Operating segments [member] \| Other incomes [member]
IfrsStatementLineItems [Line Items]
Other	3,287	703	2
Other Segment [member] \| Operating segments [member] \| Income Loss From Operations [Member]
IfrsStatementLineItems [Line Items]
Loss from operations	(72,716)	(8,677)	¥ (10,675)
Other Segment [member] \| Operating segments [member] \| Segment assets [member]
IfrsStatementLineItems [Line Items]
Total assets	56,653	4,403
Business management and consulting [member] \| Operating segments [member] \| Segment assets [member]
IfrsStatementLineItems [Line Items]
Total assets	¥ 51,336	¥ 15,924

SCHEDULE OF INTEREST EXPENSE ON

SCHEDULE OF INTEREST EXPENSE ON THE COMPANY’S BANK BORROWINGS (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Notes and other explanatory information [abstract]
Interest on lease liability– continuing operations		¥ 25	¥ 51
Interest on lease liability - discontinued operations (Note 30)	293	1,479	2,115
Interest expense on convertible note	¥ 975

SCHEDULE OF LOSS BEFORE TAXATIO

SCHEDULE OF LOSS BEFORE TAXATION (Details) - CNY (¥) ¥ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
DisclosureOfLossBeforeTaxationLineItems [Line Items]
Cost of inventories recognized as expense	[1]	¥ 7,557	¥ 41,245	¥ 148,929
Depreciation expenses		361	266	96
Amortization of land use rights
Right-of-use asset amortization charge		4,267	13,285	14,067
– Audit fees		2,070	2,003	1,898
– Audit-related fees
Auditor's remuneration for other services		2,070	2,003	1,898
Total employee benefit expenses		21,314	12,285	13,735
Directors [member]
DisclosureOfLossBeforeTaxationLineItems [Line Items]
– salaries and related cost		425	1,619	1,656
– retirement scheme contribution		19	13	16
– share-based payments		7,037
Key management personnel [member]
DisclosureOfLossBeforeTaxationLineItems [Line Items]
– salaries and related cost		1,360	712	639
– retirement scheme contribution		125	16	23
– share-based payments		6,070	2,050	1,835
Research and development personnel [member]
DisclosureOfLossBeforeTaxationLineItems [Line Items]
– salaries and related cost		422	439	644
– retirement scheme contribution			81	111
Other personnel [member]
DisclosureOfLossBeforeTaxationLineItems [Line Items]
– salaries and related cost		5,246	6,093	7,493
– retirement scheme contribution		¥ 610	¥ 1,262	¥ 1,318

[1]Cost of inventories recognized as expense for discontinued operation included staff costs of RMB 159,000 2,539,000 4,065,000 32,000 556,108 756,704 nil nil nil 4,267,000 12,801,485 12,801,485 nil (4,045,000) (99,237,173)

SCHEDULE OF LOSS BEFORE TAXAT_2

SCHEDULE OF LOSS BEFORE TAXATION (Details) (Parenthetical) - CNY (¥)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
IfrsStatementLineItems [Line Items]
Employee benefits expense	¥ 21,314,000	¥ 12,285,000	¥ 13,735,000
Reversal of inventory write-down		(4,045,000)	(99,237,000)
Cost Of Inventories [member]
IfrsStatementLineItems [Line Items]
Employee benefits expense	159,000	2,539,000	4,065,000
Post employment benefit expense	32,000	556,108	756,704
Depreciation and amortisation expense
Operating lease payment	4,267,000	12,801,485	12,801,485
Reversal of inventory write-down		¥ (4,045,000)	¥ (99,237,173)

SCHEDULE OF INFORMATION ABOUT I

SCHEDULE OF INFORMATION ABOUT INCOME TAX EXPENSES (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current Tax:
PRC Income Tax	¥ 83	¥ 209	¥ 217
Reversal of income tax refundable
Deferred tax expense
Tax per financial statements	¥ 83	¥ 209	¥ 217

SCHEDULE OF RECONCILIATION BETW

SCHEDULE OF RECONCILIATION BETWEEN INCOME TAX EXPENSES (CREDIT) AND (LOSS) PROFIT BEFORE TAXATION AT APPLICABLE TAX RATES (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Notes and other explanatory information [abstract]
Loss before taxation including discontinued entities	¥ (14,375)	¥ (53,435)	¥ (89,841)
Tax calculated at a tax rate of 25%	(3,445)	(13,359)	(22,460)
Tax effect on different tax rates of group entities operating in other jurisdictions	21,125	4,705	5,163
Change in net operating losses	(17,597)	8,863	17,514
Tax per financial statements	¥ 83	¥ 209	¥ 217

CRITICAL ACCOUNTING ESTIMATES_2

CRITICAL ACCOUNTING ESTIMATES AND JUDGMENTS (Details Narrative) - CNY (¥)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
IfrsStatementLineItems [Line Items]
Property, plant and equipment	¥ 1,146,000	¥ 1,006,000
Impairment loss recognised in profit or loss, property, plant and equipment	0	0	¥ 0
Investment property
Impairment loss recognised in profit or loss, investment property	0	0	0
Right-of-use assets		469,000
Impairment loss recognised in profit or loss, goodwill	0	0	0
Income tax payable	40,000	93,000
Provision For Doubtful Account Of Trade receivables		(2,751,000)	10,148,000
Provision for bad debt (reversal) expense	(1,000,000)	33,365,000
Trade and other current receivables
Current inventories
Land use rights [member]
IfrsStatementLineItems [Line Items]
Right-of-use assets
Impairment loss of land use rights	¥ 0	¥ 0	¥ 0

SCHEDULE OF LOSS PER SHARE (Det

SCHEDULE OF LOSS PER SHARE (Details) - CNY (¥) ¥ / shares in Units, ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Loss attributable to holders of ordinary shares (RMB’000):
Net loss from continuing operations	¥ (86,801)	¥ (9,924)	¥ (19,077)
Net loss from discontinued operations	¥ 72,461	¥ (47,994)	¥ (69,675)
Weighted average number of ordinary shares outstanding used in computing basic (loss)/earnings per share	2,220,209	836,880	514,774
Weighted average number of ordinary shares outstanding used in computing diluted (loss)/earnings per share	2,589,731	836,880	514,774
- From continuing operations	¥ (39.10)	¥ (11.90)	¥ (37.10)
- From discontinued operations	32.64	(57.30)	(135.40)
- From continuing operations	(39.10)	(11.90)	(37.10)
- From discontinued operations	¥ 27.98	¥ (57.30)	¥ (135.40)

INCOME TAX EXPENSE (Details Nar

INCOME TAX EXPENSE (Details Narrative) - CNY (¥)	12 Months Ended
INCOME TAX EXPENSE (Details Narrative) - CNY (¥)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2008
IfrsStatementLineItems [Line Items]
Applicable tax rate	25%
Taxable income	¥ 21,125,000	¥ 4,705,000	¥ 5,163,000
Annual taxable income description	From January 1, 2021 to December 31, 2021, small and low-profit enterprises with annual taxable income not exceeding RMB 1 million, the actual income to be taxed was further lowered to 12.5% of annual taxable income, and the tax rate will be 20%; From January 1, 2022 to December 31, 2024, small and low-profit enterprises with annual taxable income exceeding RMB 1 million but not more than RMB 3 million, the actual income to be taxed will be further lowered at 25% of annual taxable income, and the corporate income tax is paid at the rate of 20%
Deferred tax liability (asset)	¥ 0	¥ 0	¥ 0
Deferred tax liabilities	1,121,003	3,266,000	4,408,000
Income tax rate	21%
HK [member]
IfrsStatementLineItems [Line Items]
Applicable tax rate	8.25%	16.50%
Taxable income	¥ 2,000,000	¥ 2,000,000
Dividend withholding tax rate				5%
CN [member]
IfrsStatementLineItems [Line Items]
Dividend withholding tax rate				10%
Undistributed earnings value	¥ 22,420,000	¥ 75,114,000	¥ 88,164,000

LOSS PER SHARE (Details Narrati

LOSS PER SHARE (Details Narrative) - Integer	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
IfrsStatementLineItems [Line Items]
Number of other equity instruments outstanding in share-based payment arrangement	362,955,000	370,174,000	186,841,000
Purchase of ordinary shares [member]
IfrsStatementLineItems [Line Items]
Number of other equity instruments outstanding in share-based payment arrangement	369,522	370,175	186,841

LOAN RECEIVABLE (Details Narrat

LOAN RECEIVABLE (Details Narrative) - CNY (¥) ¥ in Thousands	3 Months Ended
	Jun. 27, 2023	Feb. 27, 2023	Dec. 30, 2022
IfrsStatementLineItems [Line Items]
Annual interest rate percentage			5%
Anhui zhongjun enterprise management [member]
IfrsStatementLineItems [Line Items]
Borrowing costs incurred	¥ 36,780
Annual interest rate percentage		4.35%

NOTE RECEIVABLE (Details Narrat

NOTE RECEIVABLE (Details Narrative) $ in Thousands	12 Months Ended
NOTE RECEIVABLE (Details Narrative) $ in Thousands	Dec. 31, 2023 CNY (¥)	Apr. 28, 2023 USD ($)	Apr. 28, 2023 CNY (¥)	Dec. 30, 2022
IfrsStatementLineItems [Line Items]
Borrowings, interest rate				5%
New stonehenge limited [member]
IfrsStatementLineItems [Line Items]
Note receivable		$ 8,500	¥ 58,744,000
Borrowings, interest rate		5%	5%
Repayments of current borrowings	¥ 9,404,000
Interest revenue expense	¥ 2,006,000

SCHEDULE OF INFORMATION ABOUT P

SCHEDULE OF INFORMATION ABOUT PROPERTY, PLANT AND EQUIPMENT (Details) - CNY (¥)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
IfrsStatementLineItems [Line Items]
At December 31, 2022	¥ 1,006,000
At December 31, 2023	1,146,000	¥ 1,006,000
Impairment losses recognized in loss	0	0	¥ 0
Property plant and equipment at December 31, 2022	1,146,000	1,006,000
Buildings [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022
At December 31, 2023
Property plant and equipment at December 31, 2022
Plant and machinery [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022
At December 31, 2023
Property plant and equipment at December 31, 2022
Motor vehicles [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022	873,000
At December 31, 2023	1,013,000	873,000
Property plant and equipment at December 31, 2022	1,013,000	873,000
Office equipment [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022	133,000
At December 31, 2023	133,000	133,000
Property plant and equipment at December 31, 2022	133,000	133,000
Gross carrying amount [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022	1,345,000	771,747,000
Additions	499,000	22,000
Transferred to assets classified as held for sale		(770,424,000)
Disposals
At December 31, 2023	1,844,000	1,345,000	771,747,000
Property plant and equipment at December 31, 2022	1,844,000	1,345,000	771,747,000
Gross carrying amount [member] \| Buildings [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022		18,271,000
Additions
Transferred to assets classified as held for sale		(18,271,000)
Disposals
At December 31, 2023			18,271,000
Property plant and equipment at December 31, 2022			18,271,000
Gross carrying amount [member] \| Plant and machinery [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022		746,042,000
Additions
Transferred to assets classified as held for sale		(746,042,000)
Disposals
At December 31, 2023			746,042,000
Property plant and equipment at December 31, 2022			746,042,000
Gross carrying amount [member] \| Motor vehicles [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022	1,144,000	5,369,000
Additions	446,000
Transferred to assets classified as held for sale		(4,225,000)
Disposals
At December 31, 2023	1,590,000	1,144,000	5,369,000
Property plant and equipment at December 31, 2022	1,590,000	1,144,000	5,369,000
Gross carrying amount [member] \| Office equipment [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022	201,000	2,065,000
Additions	53,000	22,000
Transferred to assets classified as held for sale		(1,886,000)
Disposals
At December 31, 2023	254,000	201,000	2,065,000
Property plant and equipment at December 31, 2022	254,000	201,000	2,065,000
Accumulated depreciation [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022	339,000	356,630,000
At December 31, 2023	698,000	339,000	356,630,000
Depreciation charge	359,000	266,000
Transferred to assets classified as held for sale		(356,557,000)
Property plant and equipment at December 31, 2022	698,000	339,000	356,630,000
Accumulated depreciation [member] \| Buildings [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022		1,845,000
At December 31, 2023			1,845,000
Depreciation charge
Transferred to assets classified as held for sale		(1,845,000)
Property plant and equipment at December 31, 2022			1,845,000
Accumulated depreciation [member] \| Plant and machinery [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022		349,382,000
At December 31, 2023			349,382,000
Depreciation charge
Transferred to assets classified as held for sale		(349,382,000)
Property plant and equipment at December 31, 2022			349,382,000
Accumulated depreciation [member] \| Motor vehicles [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022	271,000	3,802,000
At December 31, 2023	577,000	271,000	3,802,000
Depreciation charge	306,000	217,000
Transferred to assets classified as held for sale		(3,748,000)
Property plant and equipment at December 31, 2022	577,000	271,000	3,802,000
Accumulated depreciation [member] \| Office equipment [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022	68,000	1,601,000
At December 31, 2023	121,000	68,000	1,601,000
Depreciation charge	53,000	49,000
Transferred to assets classified as held for sale		(1,582,000)
Property plant and equipment at December 31, 2022	121,000	68,000	1,601,000
Accumulated impairments [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022		413,867,000
At December 31, 2023			413,867,000
Transferred to assets classified as held for sale		(413,867,000)
Impairment losses recognized in loss
Property plant and equipment at December 31, 2022			413,867,000
Accumulated impairments [member] \| Buildings [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022		16,426,000
At December 31, 2023			16,426,000
Transferred to assets classified as held for sale		(16,426,000)
Impairment losses recognized in loss
Property plant and equipment at December 31, 2022			16,426,000
Accumulated impairments [member] \| Plant and machinery [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022		396,660,000
At December 31, 2023			396,660,000
Transferred to assets classified as held for sale		(396,660,000)
Impairment losses recognized in loss
Property plant and equipment at December 31, 2022			396,660,000
Accumulated impairments [member] \| Motor vehicles [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022		477,000
At December 31, 2023			477,000
Transferred to assets classified as held for sale		(477,000)
Impairment losses recognized in loss
Property plant and equipment at December 31, 2022			477,000
Accumulated impairments [member] \| Office equipment [member]
IfrsStatementLineItems [Line Items]
At December 31, 2022		304,000
At December 31, 2023			304,000
Transferred to assets classified as held for sale		(304,000)
Impairment losses recognized in loss
Property plant and equipment at December 31, 2022			¥ 304,000

SCHEDULE OF INFORMATION ABOUT_2

SCHEDULE OF INFORMATION ABOUT INVESTMENT PROPERTY (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Investment property, beginning balance
Investment property
Gross carrying amount [member]
IfrsStatementLineItems [Line Items]
Investment property, beginning balance		401,231
Transferred from property, plant and equipment
Transferred from right-of-use assets
Transferred to assets classified as held for sale		(401,231)
Investment property
Accumulated depreciation and amortisation [member]
IfrsStatementLineItems [Line Items]
Investment property, beginning balance		(53,987)
Transferred from property, plant and equipment
Transferred from right-of-use assets
Investment property
Depreciation for the year
Transferred to assets classified as held for sale		53,987
Accumulated impairment [member]
IfrsStatementLineItems [Line Items]
Investment property, beginning balance		(347,244)
Transferred from property, plant and equipment
Transferred from right-of-use assets
Investment property
Transferred to assets classified as held for sale		¥ 347,244

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT (Details Narrative) - Buildings [member] - CNY (¥)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Expected useful lives	40 years
Buildings cost	¥ 2,913,000
Accumulated depreciation	1,226,000	¥ 1,226,000
Impairment allocation	¥ 1,687,000	¥ 1,687,000

SCHEDULE OF INTANGIBLE ASSET (D

SCHEDULE OF INTANGIBLE ASSET (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Carrying amount	¥ 4	¥ 6
Gross carrying amount [member]
IfrsStatementLineItems [Line Items]
Intangible assets and goodwill, beginning	7
Addition		7
Intangible assets and goodwill, ending	7	7
Carrying amount
Accumulated depreciation and amortisation [member]
IfrsStatementLineItems [Line Items]
Intangible assets and goodwill, beginning	(1)
Amortization for the year	(2)	(1)
Intangible assets and goodwill, ending	¥ (2)	¥ (1)

INVESTMENT PROPERTY (Details Na

INVESTMENT PROPERTY (Details Narrative) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Notes and other explanatory information [abstract]
Fair value of investment property			¥ 269,900
Investment property

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
IfrsStatementLineItems [Line Items]
Amortization expense
Software license [member]
IfrsStatementLineItems [Line Items]
Amortization expense	¥ 2,000	¥ 1,000

SCHEDULE OF FINANCIAL ASSETS (D

SCHEDULE OF FINANCIAL ASSETS (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Unlisted financial assets	¥ 700	¥ 8,523

FINANCIAL ASSETS (Details Narra

FINANCIAL ASSETS (Details Narrative) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Fair value of unlisted securities	¥ 700	¥ 8,523
Financial assets, at fair value		¥ 130

SCHEDULE OF INFORMATION ABOUT_3

SCHEDULE OF INFORMATION ABOUT INVENTORIES (Details) - CNY (¥)	Dec. 31, 2023	Dec. 31, 2022
Notes and other explanatory information [abstract]
Raw materials
Work in progress
Finished goods
Inventories

SCHEDULE OF ANALYSIS OF THE AMO

SCHEDULE OF ANALYSIS OF THE AMOUNT OF INVENTORIES RECOGNIZED AS AN EXPENSE AND INCLUDED IN PROFIT OR LOSS (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Notes and other explanatory information [abstract]
Carrying amount of inventories sold		¥ 45,290	¥ 248,166
Write down (reversal) of inventories (included in cost of sales)		(4,045)	(99,237)
Cost of inventories recognized from discontinued operations ending balance		¥ 41,245	¥ 148,929

SCHEDULE OF INFORMATION ABOUT T

SCHEDULE OF INFORMATION ABOUT TRADE RECEIVABLES (Details) - CNY (¥)	Dec. 31, 2023	Dec. 31, 2022
Notes and other explanatory information [abstract]
Trade receivables
Less: provision for bad debt allowance
Trade receivables, net

INVENTORIES (Details Narrative)

INVENTORIES (Details Narrative)	Dec. 31, 2022 CNY (¥)
Notes and other explanatory information [abstract]
Inventory	¥ 28,749,000

TRADE RECEIVABLES (Details Narr

TRADE RECEIVABLES (Details Narrative) - CNY (¥)	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Current trade receivables
Allowance of doubtful accounts		795,000,000
Increase in bad debts		33,365,000
Discontinued operations [member]
IfrsStatementLineItems [Line Items]
Current trade receivables		¥ 11,683,000

SCHEDULE OF INFORMATION ABOUT O

SCHEDULE OF INFORMATION ABOUT OTHER RECEIVABLES AND PREPAYMENTS (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Other Receivables And Prepayments
Prepaid expense and prepayments	¥ 14,485	¥ 13,269
Security deposit		109
Other receivables	5,895	5,802
Other receivables and prepayments	¥ 20,380	¥ 19,180

OTHER RECEIVABLES AND PREPAYM_3

OTHER RECEIVABLES AND PREPAYMENTS (Details Narrative) - CNY (¥)	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Current prepayments and other current assets	¥ 20,380,000	¥ 19,180,000
Discontinued operations [member]
IfrsStatementLineItems [Line Items]
Current prepayments and other current assets		¥ 3,000,000

SCHEDULE OF CASH AND BANK BALAN

SCHEDULE OF CASH AND BANK BALANCES (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Notes and other explanatory information [abstract]
Cash on hand
Cash at banks	3,808	3,936
Cash and bank balances	¥ 3,808	¥ 3,936

SCHEDULE OF CASH AND BANK BAL_2

SCHEDULE OF CASH AND BANK BALANCES THAT ARE DENOMINATED IN VARIOUS CURRENCIES (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
DisclosureOfCashAndBankBalancesLineItems [Line Items]
Cash and cash equivalents	¥ 3,808	¥ 3,936	¥ 27,880
China, Yuan Renminbi
DisclosureOfCashAndBankBalancesLineItems [Line Items]
Cash and cash equivalents	3,619	3,104
Hong Kong, Dollars
DisclosureOfCashAndBankBalancesLineItems [Line Items]
Cash and cash equivalents	1	2
United States of America, Dollars
DisclosureOfCashAndBankBalancesLineItems [Line Items]
Cash and cash equivalents	¥ 188	¥ 830

SCHEDULE OF INFORMATION ABOUT_4

SCHEDULE OF INFORMATION ABOUT TRADE PAYABLES (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Notes and other explanatory information [abstract]
Trade payables		¥ 3,079

CASH AND BANK BALANCES (Details

CASH AND BANK BALANCES (Details Narrative) - CNY (¥)	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Cash	¥ 3,808,000	¥ 3,936,000
Restricted cash and cash equivalents		2,069,000
Cash collateral for bank borrowings
Cash collateral for derivative financial liability
Discontinued operations [member]
IfrsStatementLineItems [Line Items]
Cash		¥ 306,000

SCHEDULE OF INFORMATION ABOUT A

SCHEDULE OF INFORMATION ABOUT ACCRUED LIABILITIES AND OTHER PAYABLES (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Notes and other explanatory information [abstract]
Deposits received from distributors
Accrued salary	488	402
Others	1,044	397
Current accrued expenses and other current liabilities	¥ 1,532	¥ 799

SCHEDULE OF ACCRUED LIABILITIES

SCHEDULE OF ACCRUED LIABILITIES AND OTHER PAYABLES DENOMINATED IN VARIOUS CURRENCIES (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
DisclosureOfAccruedLiabilitiesAndOtherPayablesLineitems [Line Items]
Current accrued expenses and other current liabilities	¥ 1,532	¥ 799
Renminbi [member]
DisclosureOfAccruedLiabilitiesAndOtherPayablesLineitems [Line Items]
Current accrued expenses and other current liabilities	1,532	799
Us Dollars [member]
DisclosureOfAccruedLiabilitiesAndOtherPayablesLineitems [Line Items]
Current accrued expenses and other current liabilities

TRADE PAYABLES (Details Narrati

TRADE PAYABLES (Details Narrative)	12 Months Ended
TRADE PAYABLES (Details Narrative)	Dec. 31, 2023
Notes and other explanatory information [abstract]
[custom:TermForSettlementOfTradePayables]	120 days

ACCRUED LIABILITIES AND OTHER_3

ACCRUED LIABILITIES AND OTHER PAYABLES (Details Narrative) - CNY (¥)	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Current accrued expenses and other current liabilities	¥ 1,532,000	¥ 799,000
Deposits received from distributors
Bottom of range [member]
IfrsStatementLineItems [Line Items]
Deposits received from distributors		400,000
Top of range [member]
IfrsStatementLineItems [Line Items]
Deposits received from distributors		1,000,000
Discontinued operations [member]
IfrsStatementLineItems [Line Items]
Current accrued expenses and other current liabilities		¥ 19,197,000

SCHEDULE OF TAXES PAYABLE (Deta

SCHEDULE OF TAXES PAYABLE (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Taxes Payable
VAT	¥ 1,902	¥ 436
Income tax	40	93
Property tax
Other	51	53
Taxes payable	¥ 1,993	¥ 582

TAXES PAYABLE (Details Narrativ

TAXES PAYABLE (Details Narrative) - CNY (¥)	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Current tax liabilities	¥ 1,993,000	¥ 582,000
Discontinued operations [member]
IfrsStatementLineItems [Line Items]
Current tax liabilities		¥ 951,000

SUMMARY OF CARRYING AMOUNTS OF

SUMMARY OF CARRYING AMOUNTS OF RIGHT-OF-USE ASSETS FOR LEASE (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Jan. 01, 2022
IfrsStatementLineItems [Line Items]
Carrying amounts of right-of-use assets			¥ 469
Right-of-use assets [member]
IfrsStatementLineItems [Line Items]
Carrying amounts of right-of-use assets		¥ 469	¥ 469	¥ 44,288

SCHEDULE OF LEASE LIABILITIES (

SCHEDULE OF LEASE LIABILITIES (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Notes and other explanatory information [abstract]
Lease liabilities - current		¥ 328
Lease liabilities – noncurrent		157
Total lease liabilities		¥ 485

SCHEDULE OF CONTRACTUAL UNDISCO

SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS FOR THE LEASES (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Total contractual undiscounted cash flows		¥ 495
Later than one year [member]
IfrsStatementLineItems [Line Items]
Total contractual undiscounted cash flows
Later than one years and not later than five years [member]
IfrsStatementLineItems [Line Items]
Total contractual undiscounted cash flows		¥ 146

SUMMARY OF CONSOLIDATED INCOME

SUMMARY OF CONSOLIDATED INCOME STATEMENT SHOWING THE AMOUNTS RELATING TO LEASES (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
IfrsStatementLineItems [Line Items]
Amortization charge of right-of-use assets	¥ 4,267	¥ 13,285	¥ 14,067
Interest expense on lease liability	975
Right-of-use assets [member]
IfrsStatementLineItems [Line Items]
Amortization charge of right-of-use assets		484	1,266
Interest expense on lease liability		25	51
Right-of-use assets [member] \| Discontinued operations [member]
IfrsStatementLineItems [Line Items]
Amortization charge of right-of-use assets	4,267	12,801	12,801
Interest expense on lease liability	¥ 293	¥ 1,479	¥ 2,115

RIGHT-OF-USE ASSETS AND LEASE_3

RIGHT-OF-USE ASSETS AND LEASES LIABILITIES (Details Narrative) - CNY (¥)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
IfrsStatementLineItems [Line Items]
Right-of-use assets		¥ 469,000
Lease liabilities		485,000
Financing activities from discontinued operations for leases		358,000	¥ 1,144,000
Discontinued operations [member]
IfrsStatementLineItems [Line Items]
Right-of-use assets		30,937,000
Lease liabilities		33,325,000
Financing activities from discontinued operations for leases	¥ 14,303,000	¥ 14,303,000	¥ 14,303,000

NOTE PAYABLE (Details Narrative

NOTE PAYABLE (Details Narrative)				12 Months Ended
NOTE PAYABLE (Details Narrative)	Jul. 26, 2023 USD ($)	Dec. 12, 2022 USD ($)	Dec. 12, 2022 USD ($)	Dec. 31, 2023 USD ($) shares	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2022 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 30, 2022 CNY (¥)
IfrsStatementLineItems [Line Items]
Unsecured Promissory Note \| ¥								¥ 8,500,000
Note purchase agreement [member]
IfrsStatementLineItems [Line Items]
Unsecured Promissory Note	$ 1,070,000	$ 1,332,500	$ 1,332,500
Proceeds from promissory note	1,000,000		1,250,000
Original issue discount	50,000		62,500
Investor fees	$ 20,000		$ 20,000
Debt interest percentage	8%		8%
Outstanding balance elected for prepayment	120%		120%
Redemption amount	$ 200,000		$ 200,000
Outstanding balance of promissory notes	$ 160,000		$ 200,000
Outstanding balance percentage			1%
Outstanding balance interest description	the amount actually redeemed in such month or the Outstanding Balance will automatically increase by one percent (1%) as of such fifth (5th) day. Under the Note Purchase Agreement, while the Note is outstanding, the Company agreed to keep adequate public information available and maintain its Nasdaq listing.	the Investor shall have the right to increase the balance of the Note by fifteen percent (15%) for Major Trigger Event (as defined in the Note) and five percent (5%) for Minor Trigger Event (as defined in the Note). In addition, the Note provides that upon occurrence of an Event of Default, the interest rate shall accrue on the outstanding balance at the rate equal to the lesser of twenty-two percent (22%) per annum or the maximum rate permitted under applicable law.
Note purchase agreement one [member]
IfrsStatementLineItems [Line Items]
Amortization for discount				$ 20,833		$ 60,260	¥ 415,624
Interest expense				$ 106,050	¥ 750,932	5,922	39,851
Partitional notes \| ¥					¥ 340,000
Shares of common stock \| shares				70,867	70,867
Loss on note conversion						178,863	¥ 1,204,000
Outstanding balance of notes						$ 96,091
Outstanding principal balance				$ 1,069,999	¥ 7,596,883
Unamortized original issue discount				18,593
Note purchase agreement two [member]
IfrsStatementLineItems [Line Items]
Amortization for discount				21,371	151,326
Interest expense				37,569	266,021
Outstanding principal balance				1,041,371	¥ 7,393,630
Unamortized original issue discount				$ 28,629

SCHEDULE OF INFORMATION ABOUT C

SCHEDULE OF INFORMATION ABOUT CLASSES OF SHARE CAPITAL (Details) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Aug. 02, 2023	Mar. 30, 2023	Feb. 21, 2023	Jan. 13, 2023	Jan. 10, 2023	Sep. 03, 2020	Sep. 02, 2020
IfrsStatementLineItems [Line Items]
Preferred shares authorized capital	50,000,000	50,000,000
Ordinary shares						977,755
Number of shares outstanding	3,251,917	805,785	597,610			10,035,188			3,100,000	9,200,000
Number of shares outstanding beginning	805,785	597,610
Number of shares issued	1,062,472	166,667		2,083,333	5,681,820		1,234,568	1,625,000
Shares issued by exercise of warrants	70,867		685,339
Number of shares, equity compensation	1,312,793	41,508
Number of shares outstanding ending	3,251,917	805,785	597,610
Class A ordinary shares [member]
IfrsStatementLineItems [Line Items]
Ordinary shares	200,000,000	200,000,000
Number of shares issued						200,000,000
Class B ordinary shares [member]
IfrsStatementLineItems [Line Items]
Ordinary shares	50,000,000	50,000,000
Number of shares issued						50,000,000

SCHEDULE OF PRINCIPAL ASSUMPTIO

SCHEDULE OF PRINCIPAL ASSUMPTIONS USED IN VALUATION (Details) Integer in Thousands					12 Months Ended
	Oct. 04, 2022 USD ($) $ / shares	Jun. 14, 2021 USD ($) $ / shares	Feb. 17, 2021 USD ($) $ / shares	Feb. 12, 2021	Dec. 31, 2022 Integer
IfrsStatementLineItems [Line Items]
Grant date	October 4, 2022	June 14, 2021	February 17, 2021
Share price at date of grant	0.58	3.15	4.45		183,333
Volatility			107%
Warrant life			5 years	5 years
Dividend yield	0%	0%	0%
Risk-free interest rate	3.96%	0.80%	0.57%
Average fair value at grant date \| $	$ 0.43	$ 2.50	$ 3.54
Bottom of range [member]
IfrsStatementLineItems [Line Items]
Exercise price at date of grant	$ 0.82	$ 3.42	$ 3.57
Top of range [member]
IfrsStatementLineItems [Line Items]
Exercise price at date of grant	$ 0.75	$ 4.35	$ 4.46
Volatility	104%	115%
Warrant life	5 years	5 years

SCHEDULE OF SUMMARY OF THE WARR

SCHEDULE OF SUMMARY OF THE WARRANT ACTIVITY (Details) Integer in Thousands				12 Months Ended
	Oct. 04, 2022 $ / shares	Jun. 14, 2021 $ / shares	Feb. 17, 2021 $ / shares	Dec. 31, 2023 Integer ¥ / shares	Dec. 31, 2022 Integer ¥ / shares	Dec. 31, 2021 Integer ¥ / shares
Notes and other explanatory information [abstract]
Number of warrants, outstanding, beginning balance \| Integer				370,174	186,841
Average exercise price, outstanding, beginning balance				¥ 21.7	¥ 35
Weighted average remaining contractual term in years, outstanding				2 years 2 months 26 days	4 years 7 days	4 years 1 month 20 days
Number of warrants, exercisable, beginning balance \| Integer				370,174	186,841
Average exercise price, exercisable, beginning balance				¥ 21.7	¥ 35
Weighted average remaining contractual term in years, exercisable				2 years 2 months 26 days	4 years 7 days	4 years 1 month 20 days
Number of warrants, granted	0.58	3.15	4.45		183,333
Average exercise price, granted					¥ 8.1
Weighted average remaining contractual term in years, granted					5 years
Number of warrants, expired \| Integer				7,219
Average exercise price, expired				¥ 38.1
Number of warrants, outstanding, ending balance \| Integer				362,955	370,174	186,841
Average exercise price, outstanding, ending balance				¥ 21.32	¥ 21.7	¥ 35
Number of warrants, outstanding, ending balance \| Integer				362,955	370,174	186,841
Weighted average exercise price of other equity instruments exercisable in share-based payment arrangement				¥ 21.32	¥ 21.7	¥ 35

SHARE CAPITAL (Details Narrativ

SHARE CAPITAL (Details Narrative) ¥ / shares in Units, $ / shares in Units, Integer in Thousands														12 Months Ended
	Jan. 09, 2024 USD ($) shares	Aug. 02, 2023 USD ($) $ / shares shares	Mar. 30, 2023 USD ($) $ / shares shares	Feb. 21, 2023 USD ($) $ / shares shares	Feb. 21, 2023 CNY (¥)	Jan. 13, 2023 USD ($) $ / shares shares	Jan. 10, 2023 USD ($) $ / shares shares	Oct. 04, 2022 USD ($) $ / shares	Sep. 30, 2022 USD ($) Investors $ / shares shares	Jun. 14, 2021 USD ($) $ / shares	Jun. 10, 2021 USD ($) Investors $ / shares shares	Feb. 17, 2021 USD ($) $ / shares	Feb. 12, 2021 USD ($) $ / shares shares	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2022 CNY (¥) Integer shares	Dec. 31, 2021 CNY (¥) shares	Jan. 29, 2024 shares	Dec. 31, 2023 $ / shares shares	Dec. 31, 2023 ¥ / shares shares	Feb. 21, 2023 ¥ / shares shares	Sep. 03, 2020 ¥ / shares shares	Sep. 02, 2020 shares
IfrsStatementLineItems [Line Items]
Authorized issued share capital \| ¥														¥ 58,929,000	¥ 5,724,000	¥ 29,586,000
Number of shares authorized				977,755																977,755
Par value per share \| $ / shares						$ 0.024	$ 0.024
Number oif shares sold		2,083,333	5,681,820			1,234,568	1,625,000								166,667			1,062,472	1,062,472
Preferred shares issued capital															50,000,000			50,000,000	50,000,000
Number of shares outstanding				10,035,188											805,785	597,610		3,251,917	3,251,917	10,035,188	3,100,000	9,200,000
Aggregate the number of share sale													588,235
Purchase price of per share \| $ / shares													$ 3.57
Gross Proceeds from pricing of public offering \| $													$ 2,100,000
Warrant life												5 years	5 years
Proceeds from offering \| $													$ 1,860,000
Percentage of aggregate number of shares sold in offering													5%
Warrants exercise price per share \| $ / shares													$ 4.46
Warrants exercisable term													6 months
Number of institutional accredited investors \| Investors									2		3
Grant date								October 4, 2022		June 14, 2021		February 17, 2021
Share price at date of grant								0.58		3.15		4.45			183,333
Volatility												107%
Dividend yield								0%		0%		0%
Risk-free interest rate								3.96%		0.80%		0.57%
Average fair value at grant date \| $								$ 0.43		$ 2.50		$ 3.54
Share issued price per share \| (per share)		$ 0.48	$ 0.88			$ 0.81	$ 0.80											$ 1	¥ 7.10
Proceeds from issuing shares \| $		$ 1,000,000	$ 5,000,000			$ 1,000,000	$ 1,300,000
Proportion of voting rights held in associate			15.15%
Warrants exercised																700,516
Warrants exercised (in shares)														70,867		685,339
Warrants exercised cashless																32,677
Shares issued upon cashless exercise of warrants																17,500
Warrants exercised \| ¥																¥ 10,258,000
Bottom of range [member]
IfrsStatementLineItems [Line Items]
Par value per share \| ¥ / shares																					¥ 0.008
Exercise price at date of grant \| $ / shares								$ 0.82		$ 3.42		$ 3.57
Top of range [member]
IfrsStatementLineItems [Line Items]
Par value per share \| ¥ / shares																					¥ 0.024
Warrant life								5 years		5 years
Exercise price at date of grant \| $ / shares								$ 0.75		$ 4.35		$ 4.46
Volatility								104%		115%
Investor warrants [member]
IfrsStatementLineItems [Line Items]
Warrant life											5 years
Proceeds from offering \| $									$ 1,000,000		$ 3,180,285
Warrants exercise price per share \| $ / shares									$ 0.82		$ 3.42
Warrants to purchase shares of common stock									1,666,667		913,875
Placement agent warrants [member]
IfrsStatementLineItems [Line Items]
Percentage of aggregate number of shares sold in offering									5%		5%
Warrants exercise price per share \| $ / shares									$ 0.75		$ 4.35
Securities purchase agreement [member]
IfrsStatementLineItems [Line Items]
Number oif shares sold									1,666,667		913,875
Purchase price of per share \| $ / shares									$ 0.60		$ 3.48
Securities purchase agreement [member] \| Investor warrants [member]
IfrsStatementLineItems [Line Items]
Closing price for the common shares preceding execution of the SPA \| $ / shares											$ 3.42
Chief Financial Officer [Member]
IfrsStatementLineItems [Line Items]
Aggregate of warrants															110,343	33,269		29,234	29,234
Fair value of shares issued \| ¥														639,000	¥ 621,000	¥ 573,000
Chief Executive Officer [Member]
IfrsStatementLineItems [Line Items]
Aggregate of warrants															268,331	81,010		171,338	171,338
Fair value of shares issued \| ¥														5,432,000	¥ 1,490,000	¥ 1,262,000
Employee [member]
IfrsStatementLineItems [Line Items]
Aggregate of warrants															36,408			719,428	719,428
Fair value of shares issued \| ¥														19,070,000	¥ 69,000
Director [Member]
IfrsStatementLineItems [Line Items]
Aggregate of warrants																		168,000	168,000
Fair value of shares issued \| ¥														7,037,000
Employees [member]
IfrsStatementLineItems [Line Items]
Aggregate of warrants																		224,793	224,793
Fair value of shares issued \| ¥														¥ 17,282,000
Class A ordinary shares [member]
IfrsStatementLineItems [Line Items]
Number of shares authorized															200,000,000			200,000,000	200,000,000
Number oif shares sold				200,000,000																200,000,000
Class B ordinary shares [member]
IfrsStatementLineItems [Line Items]
Number of shares authorized															50,000,000			50,000,000	50,000,000
Number oif shares sold				50,000,000																50,000,000
Memorandum and articles of association [member]
IfrsStatementLineItems [Line Items]
Authorized issued share capital \| ¥					¥ 4,800,000
Number of shares authorized				200,000,000																200,000,000
Par value per share \| ¥ / shares																				¥ 0.024
Number oif shares sold				250,000,000																250,000,000
Weilai will zhang [member]
IfrsStatementLineItems [Line Items]
Proportion of voting rights held in associate			52.13%
Nonadjusting event [member]
IfrsStatementLineItems [Line Items]
Number of shares authorized				977,755																977,755
Preferred shares issued capital				50,000,000																50,000,000
Aggregate of warrants	100,000
Fair value of shares issued \| $	$ 190,000
Nonadjusting event [member] \| Mrweilai zhang [member]
IfrsStatementLineItems [Line Items]
Number of shares outstanding				977,755																977,755
Nonadjusting event [member] \| Class A ordinary shares [member]
IfrsStatementLineItems [Line Items]
Number of shares authorized				200,000,000																200,000,000
Nonadjusting event [member] \| Class B ordinary shares [member]
IfrsStatementLineItems [Line Items]
Number of shares authorized				50,000,000																50,000,000
Number oif shares sold																	300,000
Nonadjusting event [member] \| Memorandum and articles of association [member]
IfrsStatementLineItems [Line Items]
Authorized issued share capital \| $				$ 4,800,000
Number of shares authorized				200,000,000																200,000,000
Par value per share \| $ / shares				$ 0.024
Number oif shares sold				250,000,000																250,000,000

RESERVES (Details Narrative)

RESERVES (Details Narrative) ¥ in Millions, $ in Millions	12 Months Ended
RESERVES (Details Narrative) ¥ in Millions, $ in Millions	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2022 CNY (¥) shares	Aug. 02, 2023 shares	Mar. 30, 2023 shares	Jan. 13, 2023 shares	Jan. 10, 2023 shares	Jun. 30, 2009 CNY (¥)	Jun. 30, 2009 HKD ($)
IfrsStatementLineItems [Line Items]
Percentage of entity's revenue	10%
Number of shares issued \| shares	1,062,472	166,667	2,083,333	5,681,820	1,234,568	1,625,000
Escrow deposits	¥ 6.7
Capital reserve	¥ 61.3
Two financial advisors [member]
IfrsStatementLineItems [Line Items]
Number of shares issued \| shares	1,521,528
Mr. Wong kung tok [member]
IfrsStatementLineItems [Line Items]
Forego of claim in deposits	¥ 15.6
Amounts payable, related party transactions	40.2						¥ 58.9	$ 67.9
Sound treasure limited [member]
IfrsStatementLineItems [Line Items]
Forego of claim in deposits	15.6
Amounts payable, related party transactions	20.7
Extinguishment of liability	¥ 76.8	¥ 76.8
Top of range [member]
IfrsStatementLineItems [Line Items]
Percentage of entity's revenue	50%

SHARE-BASED EMPLOYEE REMUNERA_2

SHARE-BASED EMPLOYEE REMUNERATION (Details Narrative) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2022 CNY (¥) shares	Dec. 31, 2021 CNY (¥) shares
IfrsStatementLineItems [Line Items]
Fair value of share options granted \| ¥	¥ 30,390	¥ 2,180	¥ 1,835
Chief Financial Officer [Member]
IfrsStatementLineItems [Line Items]
Number of share options granted in share-based payment arrangement	29,234	110,343	33,269
Chief Executive Officer [Member]
IfrsStatementLineItems [Line Items]
Number of share options granted in share-based payment arrangement	171,338	268,331	81,010
Director [Member]
IfrsStatementLineItems [Line Items]
Number of share options granted in share-based payment arrangement	168,000
Employee [member]
IfrsStatementLineItems [Line Items]
Number of share options granted in share-based payment arrangement	224,793
Consultants [member]
IfrsStatementLineItems [Line Items]
Number of share options granted in share-based payment arrangement	719,428
Consulting expense [member]
IfrsStatementLineItems [Line Items]
Equity settled share based payment transactions \| ¥	¥ 19,070
Equity compensation plan 2017 [member]
IfrsStatementLineItems [Line Items]
Number of share options granted in share-based payment arrangement	333,333

SCHEDULE OF DUE FROM RELATED PA

SCHEDULE OF DUE FROM RELATED PARTIES (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Total	¥ 9,344
Liping Huang [Member]
IfrsStatementLineItems [Line Items]
Total	3,550
Lei Deng [Member]
IfrsStatementLineItems [Line Items]
Total	1,964
Xiaorong Yang [Member]
IfrsStatementLineItems [Line Items]
Total	¥ 3,830

SCHEDULE OF SIGNIFICANT RELATED

SCHEDULE OF SIGNIFICANT RELATED PARTY TRANSACTIONS (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Amounts owed to related parties	¥ 553	¥ 1,291
Current payables to related parties, Total	¥ 553	¥ 1,291

SIGNIFICANT RELATED PARTY TRA_3

SIGNIFICANT RELATED PARTY TRANSACTIONS (Details Narrative)	12 Months Ended
SIGNIFICANT RELATED PARTY TRANSACTIONS (Details Narrative)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 CNY (¥)
IfrsStatementLineItems [Line Items]
Loan						¥ 15,544,000	¥ 10,066,000
Other income	¥ 3,728,000		¥ 2,966,000	¥ 32,000
Prepayments under current assets						14,485,000	13,269,000
Alex ng man shek [member]
IfrsStatementLineItems [Line Items]
Loan		$ 20,000					131,000	$ 20,000	¥ 131,000
Wong kung tok [member]
IfrsStatementLineItems [Line Items]
Loans amount			35,057,000	35,057,000
Sound treasure limited [member]
IfrsStatementLineItems [Line Items]
Amounts owed to related parties						20,700,000
Loan		167,000					1,160,000	$ 167,000	1,160,000
Other income		$ 167,000	1,160,000
Mrweilai zhang [member]
IfrsStatementLineItems [Line Items]
Amounts owed to related parties					$ 78,000	¥ 553,000
Anhui zhongiun [member]
IfrsStatementLineItems [Line Items]
Consultancy fees			2,847,000	8,840,000
Revenue from rendering of services, related party transactions			2,486,000	1,378,000
Value added tax receivables							149,000		82,000
Expensed during the year				5,993,000
Prepayments under current assets							2,847,000		2,847,000
Performance obligations received			2,635,000
Amounts receivable, related party transactions									¥ 1,460,000
Anhui zhongiun enterprise management [member]
IfrsStatementLineItems [Line Items]
Revenue from rendering of services, related party transactions			2,635,000
Performance obligations received			2,635,000
Revenue from rendering of services, related party transactions			¥ 2,486,000
Value added tax receivables							149,000
Lianjie hainan technology co. Ltd. Lianjie [member]
IfrsStatementLineItems [Line Items]
Cost of revenue to related party				36,929,000
Related Party Transaction Amount Paid For Cost Of Revenue Incurred				34,364,000
[custom:TradeAccountsPayableRelatedPartyTransaction]
Discontinued operations [member]
IfrsStatementLineItems [Line Items]
Amounts owed to related parties							¥ 35,057,000

SCHEDULE OF TOTAL FUTURE MINIMU

SCHEDULE OF TOTAL FUTURE MINIMUM LEASE PAYMENTS (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
IfrsStatementLineItems [Line Items]
Operating lease commitments		¥ 485	¥ 46,729
Not later than one year [member]
IfrsStatementLineItems [Line Items]
Operating lease commitments		328	13,404
Later than one year and not later than five years [member]
IfrsStatementLineItems [Line Items]
Operating lease commitments		¥ 157	¥ 33,325

SCHEDULE OF CAPITAL EXPENDITURE

SCHEDULE OF CAPITAL EXPENDITURES CONTRACTED FOR AT THE BALANCE SHEET DATE BUT NOT RECOGNIZED (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Chengdu future talented management and consulting co, ltd [member]
IfrsStatementLineItems [Line Items]
Jiangxi Kylin Cloud Service Technology	¥ 26,074	¥ 30,000	¥ 30,000
Antelope holdings (chengdu) co., ltd [member]
IfrsStatementLineItems [Line Items]
Jiangxi Kylin Cloud Service Technology	46,889	65,250	62,250
Hainan antelope holding [member]
IfrsStatementLineItems [Line Items]
Jiangxi Kylin Cloud Service Technology	63,726	63,726	63,726
Antelope future yangpu [member]
IfrsStatementLineItems [Line Items]
Jiangxi Kylin Cloud Service Technology	60,970	63,726	63,726
Antelope investment hainan [member]
IfrsStatementLineItems [Line Items]
Jiangxi Kylin Cloud Service Technology	50,000	50,000	50,000
Antelope ruicheng investment [member]
IfrsStatementLineItems [Line Items]
Jiangxi Kylin Cloud Service Technology	47,245	50,000	50,000
Hainan kylin cloud service technology [member]
IfrsStatementLineItems [Line Items]
Jiangxi Kylin Cloud Service Technology		4,500
Anhui kylin cloud service technology [member]
IfrsStatementLineItems [Line Items]
Jiangxi Kylin Cloud Service Technology	2,900	4,900
Wenzhou kylin cloud service technology [member]
IfrsStatementLineItems [Line Items]
Jiangxi Kylin Cloud Service Technology	5,000
Hubei kylin cloud service technology [member]
IfrsStatementLineItems [Line Items]
Jiangxi Kylin Cloud Service Technology	5,000
Jiangxi kylin cloud service technology [member]
IfrsStatementLineItems [Line Items]
Jiangxi Kylin Cloud Service Technology	¥ 5,000

COMMITMENTS (Details Narrative)

COMMITMENTS (Details Narrative) - CNY (¥)	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Lease liabilities payable		¥ 485,000
Discontinued operations [member]
IfrsStatementLineItems [Line Items]
Lease liabilities payable		¥ 33,325,000

SCHEDULE OF ASSETS AND LIABILIT

SCHEDULE OF ASSETS AND LIABILITIES OF DISPOSAL GROUP (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Apr. 28, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Right-of-use assets, net			¥ 469
Inventories, net
Other receivables and prepayments	5,895		5,802
Accrued liabilities and other payables	(1,532)		(799)
Lease liabilities			¥ (485)
Disposal groups classified as held for sale [member]
IfrsStatementLineItems [Line Items]
Right-of-use assets, net		¥ 26,670
Inventories, net		25,798
Trade receivables, net		2,875
Other receivables and prepayments		2,890
Cash and bank balances		256
Accrued liabilities and other payables		(19,143)
Amounts owed to related parties		(35,057)
Lease liabilities		(19,315)
Taxes payable		¥ (77)

SCHEDULE OF ASSETS AND LIABIL_2

SCHEDULE OF ASSETS AND LIABILITIES OF DISPOSAL GROUP CLASSIFIED AS HELD FOR SALE (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS CLASSIFIED AS HELD FOR SALE
Right-of-use assets, net		¥ 469
Inventories, net
Other receivables and prepayments	5,895	5,802
Total assets of the Disposal Group held for sale	121,502	110,006
LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS CLASSIFIED AS HELD FOR SALE
Accrued liabilities and other payables		3,079
Lease liabilities		485
Taxes payable	1,993	582
Total liabilities of the Disposal Group directly associated with assets classified as held for sale	¥ 19,261	103,541
Assets and liabilities classified as held for sale [member]
ASSETS CLASSIFIED AS HELD FOR SALE
Right-of-use assets, net		30,937
Inventories, net		28,749
Trade receivables, net		11,683
Other receivables and prepayments		3,000
Cash and bank balances		306
Total assets of the Disposal Group held for sale		74,675
LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS CLASSIFIED AS HELD FOR SALE
Accrued liabilities and other payables		19,197
Amounts owed to related parties		35,057
Lease liabilities		33,325
Taxes payable		951
Total liabilities of the Disposal Group directly associated with assets classified as held for sale		¥ 88,530

SCHEDULE OF FINANCIAL PERFORMAN

SCHEDULE OF FINANCIAL PERFORMANCE AND CASH FLOW INFORMATION (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
IfrsStatementLineItems [Line Items]
Net sales	¥ 510,546	¥ 286,347	¥ 71,527
Cost of goods sold	457,493	258,431	65,493
Gross profit	53,053	27,916	6,034
Other income	3,728	2,966	32
Administrative expenses	(89,047)	(22,757)	(15,975)
Finance costs	(975)	(25)	(51)
Other expenses	(1,204)	(42)	(34)
Loss before taxation	(12,991)	(5,441)	(20,166)
Gain on disposal of discontinued operations	73,846
Net income (loss) for the year from discontinued operations	(1,385)	(47,994)	(69,675)
Net cash generated from operating activities from discontinued operations	(60,346)	(15,452)	(8,123)
Net cash used in investing activities from discontinued operations	18,540	(10,490)	(1,279)
Net cash used in financing activities from discontinued operations	(42,805)	(2,272)	(24,397)
Net (decrease) increase in cash and cash equivalents from discontinued operations	999	(23,670)	14,995
Financial performance [member]
IfrsStatementLineItems [Line Items]
Net sales	2,701	37,696	144,743
Cost of goods sold	7,557	41,245	83,436
Gross profit	(4,856)	(3,549)	61,307
Other income	5,716	14,244	9,388
Selling and distribution expenses	(1,517)	(5,913)	(6,298)
Administrative expenses	(434)	(51,297)	(131,867)
Finance costs	(293)	(1,479)	(2,115)
Other expenses			(90)
Loss before taxation	(1,384)	(47,994)	(69,675)
Gain on disposal of discontinued operations	73,846
Net income (loss) for the year from discontinued operations	72,461	(47,994)	(69,675)
Net cash generated from operating activities from discontinued operations	14,118	4,982	3,314
Net cash used in investing activities from discontinued operations
Net cash used in financing activities from discontinued operations	(14,303)	(14,303)	(14,303)
Net (decrease) increase in cash and cash equivalents from discontinued operations	¥ (185)	¥ (9,321)	¥ (10,989)

SCHEDULE OF COMPANY REMAINING C

SCHEDULE OF COMPANY REMAINING CONTRACTUAL MATURITIES FOR ITS FINANCIAL LIABILITIES (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
IfrsStatementLineItems [Line Items]
Amounts owed to related parties	¥ 553	¥ 1,291
Note payable	14,991	8,775
Total	15,544	13,640
Trade payables		3,079
Lease liabilities		495
Total	15,544	13,640
Not later than one year [member]
IfrsStatementLineItems [Line Items]
Amounts owed to related parties	553	1,291
Note payable	7,597
Total	8,150	4,719
Trade payables		3,079
Lease liabilities		349
Total	8,150	4,719
Later than one years and not later than five years [member]
IfrsStatementLineItems [Line Items]
Amounts owed to related parties
Note payable	7,394	8,775
Total	7,394	8,921
Trade payables
Lease liabilities		146
Total	7,394	8,921
Undiscounted cash flow [member]
IfrsStatementLineItems [Line Items]
Amounts owed to related parties	553	1,291
Note payable	14,991	8,775
Total	15,544	13,640
Trade payables		3,079
Lease liabilities		495
Total	¥ 15,544	¥ 13,640

DISPOSAL OF SUBSIDIARIES (Detai

DISPOSAL OF SUBSIDIARIES (Details Narrative) ¥ in Millions, $ in Millions		12 Months Ended
	Feb. 21, 2023 shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2022 USD ($) shares	Dec. 30, 2022 CNY (¥)	Dec. 31, 2021 shares	Sep. 03, 2020 shares	Sep. 02, 2020 shares
IfrsStatementLineItems [Line Items]
Ordinary shares voted	5,678,430
Ordinary shares voted	10,035,188	3,251,917	3,251,917	805,785		597,610	3,100,000	9,200,000
Gain on disposal of subsidiaries \| ¥			¥ 73.8
Net asset value [member]
IfrsStatementLineItems [Line Items]
Selling price \| $		$ 8.5
Debt securities [member]
IfrsStatementLineItems [Line Items]
Debt instrument fair value				$ 8.5	¥ 8.5

SUMMARY OF LOSS BEFORE TAXATION

SUMMARY OF LOSS BEFORE TAXATION (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
IfrsStatementLineItems [Line Items]
Loss before taxation	¥ (12,991)	¥ (5,441)	¥ (20,166)
Currency risk [member]
IfrsStatementLineItems [Line Items]
Loss before taxation	¥ 8	¥ 39	¥ 895

FINANCIAL RISK MANAGEMENT (Deta

FINANCIAL RISK MANAGEMENT (Details Narrative)	Dec. 31, 2023
Notes and other explanatory information [abstract]
Percentage of changes in RMB against foreign currencies	4%

SCHEDULE OF CAPITAL STRUCTURE (

SCHEDULE OF CAPITAL STRUCTURE (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Capital Management
Interest-bearing bank borrowings
Note payable	14,991	8,775
Amounts owed to related parties	553	1,291
Total debts	15,544	10,066
Less: Cash and cash equivalents (excluding restricted bank balances)	(3,808)	(3,936)	¥ (27,880)
Net debts	11,736	6,130
Equity attributable to shareholders of the Company	¥ 96,942	¥ 1,047
Gearing ratio	12%	585%

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) ¥ / shares in Units, $ / shares in Units, ¥ in Thousands

Mar. 25, 2024 $ / shares shares

Mar. 15, 2024 CNY (¥) ¥ / shares shares

Feb. 28, 2024 shares

Feb. 27, 2024 USD ($) shares

Feb. 23, 2024 USD ($) $ / shares shares

Feb. 15, 2024 USD ($) shares

Feb. 12, 2024 USD ($) shares

Jan. 25, 2024 USD ($)

Jan. 09, 2024 USD ($) shares

Aug. 02, 2023 USD ($) $ / shares shares

Mar. 30, 2023 USD ($) $ / shares shares

Feb. 21, 2023 shares

Jan. 13, 2023 USD ($) $ / shares shares

Jan. 10, 2023 USD ($) $ / shares shares

Feb. 12, 2021 $ / shares shares

Apr. 15, 2024 $ / shares shares

Apr. 02, 2024 $ / shares shares

Apr. 01, 2024 USD ($) $ / shares

Feb. 02, 2024 shares

Jan. 29, 2024 shares

Jan. 01, 2024 shares

Dec. 31, 2023 $ / shares

Dec. 31, 2023 CNY (¥) ¥ / shares shares

Dec. 31, 2022 CNY (¥) shares

Dec. 31, 2021 CNY (¥)

IfrsStatementLineItems [Line Items]

Shares issued

2,083,333

5,681,820

1,234,568

1,625,000

1,062,472

166,667

Share issued price per share | (per share)

$ 0.48

$ 0.88

$ 0.81

$ 0.80

$ 1

¥ 7.10

Proceeds from issuing shares | $

$ 1,000,000

$ 5,000,000

$ 1,000,000

$ 1,300,000

Cash | ¥

¥ 3,808

¥ 3,936

¥ 27,880

Shares issued par value | $ / shares

$ 0.024

Aggregate the number of share sale

588,235

Number of ordinary shares issuable

5,678,430

Warrants exercise price per share | $ / shares

$ 4.46

Class B ordinary shares [member]

IfrsStatementLineItems [Line Items]

Shares issued

50,000,000

Class A ordinary shares [member]

IfrsStatementLineItems [Line Items]

Shares issued

200,000,000

Nonadjusting event [member]

IfrsStatementLineItems [Line Items]

Aggregate of warrants

100,000

Fair value of shares issued | $

$ 190,000

Principal amount | $

$ 4,630,000

Percentage of bears interest rate

16%

Accountable expenses | $

$ 30,000

Percentage of gross proceeds

7.50%

Nonadjusting event [member] | Exchange agreement [member]

IfrsStatementLineItems [Line Items]

Payment of cash consideration | $

$ 55,556,000

$ 202,033,000

Issuance of restricted shares

27,778

101,016

Nonadjusting event [member] | Stock transfer agreement [member]

IfrsStatementLineItems [Line Items]

Transfer of equity | $

$ 1,000

Nonadjusting event [member] | Securities purchase agreement [member]

IfrsStatementLineItems [Line Items]

Shares issued

1,727,941

1,300,000

Share issued price per share | (per share)

¥ 1.36

$ 1

Proceeds from issuing shares

¥ 2,350

$ 1,300,000

Warrants to purchase of shares

1,300,000

Exercise pice of warrants | $ / shares

$ 1.10

Nonadjusting event [member] | Consulting service agreement [member]

IfrsStatementLineItems [Line Items]

Issuance of restricted shares

51,471

75,000

Nonadjusting event [member] | Amendment employment agreement [member]

IfrsStatementLineItems [Line Items]

Cash | $

$ 10,000

Nonadjusting event [member] | Amendment employment agreement [member] | Class B ordinary shares [member]

IfrsStatementLineItems [Line Items]

Shares issued

500,000

Cash | $

$ 20,000

Shares issued par value | $ / shares

$ 0

Nonadjusting event [member] | Amendment employment agreement [member] | Class B ordinary shares [member] | Mr zhang [member]

IfrsStatementLineItems [Line Items]

Shares issued

1,500,000

Nonadjusting event [member] | Amendment employment agreement [member] | Class A ordinary shares [member]

IfrsStatementLineItems [Line Items]

Shares issued par value | $ / shares

$ 0

Nonadjusting event [member] | Warrant exchange agreement [member] | Class A ordinary shares [member]

IfrsStatementLineItems [Line Items]

Shares issued par value | $ / shares

$ 0

Shares issued

0.5

Nonadjusting event [member] | Warrant exchange agreement [member] | Restricted class A ordinary shares [member]

IfrsStatementLineItems [Line Items]

Shares issued

25,036

30,026

Nonadjusting event [member] | Class B ordinary shares [member]

IfrsStatementLineItems [Line Items]

Shares issued

300,000

Nonadjusting event [member] | Class A ordinary shares [member] | Securities purchase agreement [member]

IfrsStatementLineItems [Line Items]

Aggregate the number of share sale

1,300,000

Warrants exercise price per share | $ / shares

$ 1.10

Nonadjusting event [member] | Class A ordinary shares [member] | Subscription Agreements [Member]

IfrsStatementLineItems [Line Items]

Share issued price per share | $ / shares

$ 1.12

Aggregate the number of share sale

10,000,000

31,300,000

Number of ordinary shares issuable

30,000,000

Issue to investors

10,000,000

Nonadjusting event [member] | Restricted class A ordinary shares [member]

IfrsStatementLineItems [Line Items]

Shares issued

100,000

193,994

Nonadjusting event [member] | Warrants [member] | Warrant exchange agreement [member]

IfrsStatementLineItems [Line Items]

Shares issued

50,071

60,052

Nonadjusting event [member] | Warrants [member] | Class A ordinary shares [member] | Subscription Agreements [Member]

IfrsStatementLineItems [Line Items]

Number of ordinary shares issuable

1,300,000