(a) Authorized share capital
In June 2010, the Company was incorporated in the Cayman Islands with an authorized share capital of one billion shares, par value of US$0.00005, of which 20,000 shares were issued at incorporation. On March 1, 2018, the authorized share capital of the Company increased from US$50,000 divided into 1,000,000,000 Ordinary Shares of a par value of US$0.00005 each to US$100,000 divided into 2,000,000,000 Ordinary Shares of a par value of US$0.00005 each by the creation of an additional 1,000,000,000 Ordinary Shares of a par value of US$0.00005 each to rank pari passu in all respects with the existing Ordinary Shares.
(b) Issued share capital and additional paid-in capital
Number of shares |
Ordinary shares |
Additional paid-in capital |
Total | Non- controlling interest |
Total equity |
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| (thousands) | RMB’000 | RMB’000 | RMB’000 | RMB’000 | RMB’000 | |||||||||||||||||||
| At January 1, 2016 | 227,717 | 77 | 239,924 | 240,001 | 60,000 | 300,001 | ||||||||||||||||||
| Shares issued during the year | - | - | 156,000 | 156,000 | 39,000 | 195,000 | ||||||||||||||||||
| At December 31, 2016 | 227,717 | 77 | 395,924 | 396,001 | 99,000 | 495,001 | ||||||||||||||||||
| Shares issued during the year | 772,283 | 248 | (222 | ) | 26 | 7 | 33 | |||||||||||||||||
| Share issuance expenses | - | - | (7,385 | ) | (7,385 | ) | (1,846 | ) | (9,231 | ) | ||||||||||||||
| At December 31, 2017 | 1,000,000 | 325 | 388,317 | 388,642 | 97,161 | 485,803 | ||||||||||||||||||