| Schedule of Reconciliation of Income Tax (Expenses) Benefits |
The
income tax expense of the Group during the years ended December 31, 2023, 2024 and 2025 is analyzed as follows:
| | |
Year
ended December 31, | |
| | |
2023 | | |
2024 | | |
2025 | |
| | |
RMB’000 | | |
RMB’000 | | |
RMB’000 | |
| | |
| | |
| | |
| |
| Current income tax | |
| 2,980 | | |
| (16,307 | ) | |
| — | |
| Deferred income tax | |
| 806 | | |
| (1,650 | ) | |
| — | |
| Income
tax expense/(credit) | |
| 3,786 | | |
| (17,957 | ) | |
| — | |
| Attributable to: | |
| | | |
| | | |
| | |
| Continuing operations | |
| 3,308 | | |
| (19,150 | ) | |
| — | |
| Discontinued operations | |
| 478 | | |
| 1,193 | | |
| — | |
| | |
Year
ended December 31, | |
| | |
2023 | | |
2024 | | |
2025 | |
| | |
RMB’000 | | |
RMB’000 | | |
RMB’000 | |
| | |
| | |
| | |
| |
| Loss
before income tax from continuing operations | |
| (1,290,722 | ) | |
| (927,188 | ) | |
| (425,110 | ) |
| Loss
before income tax from discontinued operations | |
| (12,642 | ) | |
| (5,211 | ) | |
| (24,857 | ) |
| Loss
before income tax including discontinued operations | |
| (1,303,364 | ) | |
| (932,399 | ) | |
| (449,967 | ) |
| | |
| | | |
| | | |
| | |
| Tax calculated at statutory income tax rate of 25% in Mainland China | |
| (325,841 | ) | |
| (233,100 | ) | |
| (112,492 | ) |
| Tax effects of: | |
| | | |
| | | |
| | |
| Differing
tax rates in different jurisdictions | |
| 65,790 | | |
| 77,346 | | |
| 56,082 | |
| Expenses
not deductible for income tax purposes | |
| 122,634 | | |
| 89,191 | | |
| 7,308 | |
| Deductible
temporary differences not recognized | |
| 23,771 | | |
| 24,449 | | |
| 27,499 | |
| Tax
losses not recognized | |
| 140,493 | | |
| 24,792 | | |
| 24,323 | |
| Utilization
of deductible temporary differences previously not recognized | |
| (17,657 | ) | |
| — | | |
| — | |
| Utilization
of tax losses previously not recognized | |
| (1,660 | ) | |
| (635 | ) | |
| (2,720 | ) |
| Tax
exemptions | |
| (456 | ) | |
| — | | |
| — | |
| Others | |
| (3,288 | ) | |
| — | | |
| — | |
| Income
tax expense/(benefit) | |
| 3,786 | | |
| (17,957 | ) | |
| — | |
|