Prepaid expenses and others consist of the following:
As at December 31, | ||||||||
2016 | 2017 | |||||||
RMB’000 | RMB’000 | |||||||
Prepaid professional fees | 11,130 | - | ||||||
Prepaid expenses | 26 | 483 | ||||||
Prepayment for property | - | 14,928 | ||||||
Total | 11,156 | 15,411 |
In 2017, the Group paid the down payment of RMB14.9 million for a property of approximately 1,492 square meters of office space in Wuhan City, Hubei Province from a third party. The remaining payments of RMB14.9 million are expected to be paid in 2018.