TigerResearch/tigerbot-earning-plugin huggingface dataset:
Taisen Holdings| Shenzhen| Shenzhen| Investment holding|100.00%|–|| Reverse acquisitions| Hangzhou Shuangjie Supply Chain Co., Ltd.| Hangzhou| Hangzhou| Supply chain management and other services||–|100.00%| By new establishment
 S.F. Express Co., Ltd.| Shenzhen| Shenzhen| International freight forwarding, domestic and international express service, etc.|–|100.00%|| Business combinations involving enterprises under common control| Shenzhen S.F. Express Co., Ltd.| Shenzhen| Shenzhen| Business and supply chain management||–|87.80%| By new establishment
 SF Technology| Shenzhen| Shenzhen| Technical maintenance and development service|–|100.00%|| By new establishment| Huanggang Xiufeng Education Investment Co., Ltd.| Huanggang| Huanggang| Consulting services regarding business information and business management||–|100.00%| By new establishment
 Shenzhen Shunlu Logistics Co., Ltd.| Shenzhen| Shenzhen| Cargo transportation and freight forwarding|–|100.00%|| Business combinations involving enterprises under common control| Junhe Information Technology (Shenzhen) Co., Ltd.| Shenzhen| Shenzhen| Information technology and development services||–|100.00%| By new establishment
||| Value-added telecommunication service||||| S.F. Digital Technology (Shenzhen) Services Co., Ltd.| Shenzhen| Shenzhen| Technology and consulting services||–|100.00%| By new establishment
 Anhui S.F. Telecommunication Service Co., Ltd.| Anhui Province| Anhui Province||–|100.00%|| By new establishment| Shenzhen S.F. International Industry Co., Ltd.| Shenzhen| Shenzhen| Information technology and consulting services||–|100.00%| By new establishment
 Shenzhen Yuhui Management Consulting Co., Ltd.| Shenzhen| Shenzhen| Consulting service|–|100.00%|| Business combinations involving enterprises under common control| Shenzhen S.F. Investment Co., Ltd.| Shenzhen| Shenzhen| Investment holding||–|100.00%| By new establishment
|||||||| SF Cold Chain Logistics Co., Ltd.| Shenzhen| Shenzhen| Cargo transportation and freight forwarding||–|100.00%| By new establishment
 Shenzhen S.F. Supply Chain Co., Ltd.| Shenzhen| Shenzhen| Supply chain management and other services|–|100.00%|| By new establishment||||||||
 SF Airlines| Shenzhen| Shenzhen| Transport service of aviation cargo|–|100.00%|| Business combinations involving enterprises under common control|(b) Subsidiaries in which the Group has significant minority interests|||||||
|||||||| Proportion of ownership|| Profit or loss attributable|||||
 Fengtai Asset| Shenzhen| Shenzhen| E-commerce industrial park management|–|100.00%|| Business combinations involving enterprises under common control|interest held by minority shareholders||to minority shareholders in 2022|| Dividends paid to minority shareholders in 2022||| Minority interests as at31 December 2022
 Shenzhen Fengtai Industrial Park Investment Ltd.| Shenzhen| Shenzhen| Management consulting|–|100.00%|| By new establishment| Kerry Logistics and its subsidiaries|48.50%||1,476,236|||(1,524,826)|11,587,420
 Shenzhen S. F. Airport Investment Co., Ltd.| Shenzhen| Shenzhen| Industrial investment|–|100.00%|| By new establishment||||||||
SF Holding Limited| Hong Kong SAR| Hong Kong SAR| Investment holding|–|100.00%|| Business combinations involving enterprises under common control||| Profit or loss attributable|| Dividends paid to minority shareholders for the period from 28 September 2021 to31 December 2021|||
|||||||| Proportion of ownership||to minority shareholders||||| Minority interests as at31 December 2021
 Group Finance Company| Shenzhen| Shenzhen| Financing, wealth management and consulting services|–|100.00%|| By new establishment|interest held by minority||for the period from 28 September 2021 to 31 December 2021|||||
|||||||||shareholders||||||
 Shenzhen SF Chuangxing Investment Co., Ltd.| Shenzhen| Shenzhen| Industrial investment|–|100.00%|| By new establishment||||||||
 Shenzhen Fengnong Technology Co., Ltd.| Shenzhen| Shenzhen| Retail|–|100.00%|| By new establishment||||||||
 Shenzhen Fenglang Supply Chain Co., Ltd.| Shenzhen| Shenzhen| Supply chain management and other services|–|100.00%|| By new establishment| Kerry Logistics and its subsidiaries|48.50%||512,119|||(46,607)|13,714,750
Shenzhen Shunfeng Runtai Management Consulting Co., Ltd.| Shenzhen| Shenzhen| Consulting service|–|100.00%|| By new establishment| The significant financial information of the significant non-fully-owned subsidiaries of the Group is listed below:31 December 2022|||||||
 Shunyuan Financial Leasing| Tianjin| Tianjin| Leasing business|–|100.00%|| By new establishment||||||||
 SF Multimodal Co., Ltd.| Shenzhen| Shenzhen| Goods delivery and other services|–|100.00%|| By new establishment||||||||31 December 2021
|||||||| Current assets||||21,821,593|||22,058,645
 Shenzhen Shunxi Management Consulting Co., Ltd.| Shenzhen| Shenzhen| Management consulting|–|100.00%|| By new establishment||||||||
 S.F. Insurance Broker (Shenzhen) Co., Ltd.| Shenzhen| Shenzhen| Insurance business|–|100.00%|| By new establishment| Non-current assets||||25,615,187|||23,566,766
 S.F. Duolian Technology Co., Ltd.| Dongguan| Dongguan| Technology development|–|100.00%|| By new establishment||||||||
Dongguan SF Taisen Enterprise Management Co., Ltd.| Dongguan| Dongguan| Property management|–|100.00%|| By new establishment| Total assets||||47,436,780|||45,625,411
 SF Innovative Technology Co., Ltd.| Dongguan| Dongguan| Information technology service|–|100.00%|| By new establishment||||||||
 Shenzhen Shunheng Rongfeng Supply Chain Technology Co., Ltd.| Shenzhen| Shenzhen| Consulting service|–|100.00%|| Business combinations involving enterprises under common control| Current liabilities||||14,196,749|||14,795,606
|||||||| Non-current liabilities||||10,240,832|||6,645,860
 Shenzhen Hengyi Logistics Service Co., Ltd.| Shenzhen| Shenzhen| Freight forwarding service|–|100.00%|| Business combinations involving enterprises under common control| Total liabilities||||24,437,581|||21,441,466
Shenzhen Lefeng Commercial Co., Ltd. Shenzhen Shenzhen Factoring –100.00%
Business combinations involving enterprises under common
The above financial figures take into account the fair value of identifiable assets and liabilities at the point of acquisition of Kerry Logistics’ equity and the adjustment effect of uniform accounting policies.
(a) In 2022, for Kerry Logistics and its subsidiaries, the net profit attributable to shareholders of the Company was RMB1,362,735,000 (for the period from 29 September 2021 to 31 December 2021: RMB371,005,000), and the total comprehensive income attributable to shareholders of the Company was RMB2,182,133,000 (for the period from 29 September 2021 to 31 December 2021: RMB252,516,000).
(b) In 2022 and 2021, minority interests of the Group’s subsidiaries except Kerry Logistics, had no significant influence on the Group.
(2) Interests in joint ventures and associates
(a) The Group’s joint ventures and associates have no significant influence on the Group (Note 4(10)).
7. Segment information
The reportable segments of the Group are the business units that provide different logistics and freight forwarding services. Different businesses require different technologies and marketing strategies, and the Group, therefore, independently manages their operations and evaluates operating results, in order to make decisions about resources allocations and performance evaluations.
In 2022 and 2021, the Group mainly had four reportable segments, including:
•Express segment, which provides time-define express and economy express except for large-size delivery service, as well as medical product and cold chain delivery service;
•Freight segment, which provides large-size delivery service and freight service;•Intra-city segment, which provides intra-city on-demand delivery service;
•Supply chain and international business segment, which provides international express service, international freight transport and forwarding service, as well as supply chain service.
Inter-segment transfer prices are determined by reference to pricing policy of related party transactions.
(a) Segment information as at and for the year ended 31 December 2022 is as follows:
|2022| For the period from 28 September 2021 to 31 December 2021
 Revenue|74,261,942|20,260,964
 Net profit (i)|2,838,971|883,124
 Total comprehensive income (i)|3,040,177|921,320
 Cash flows from operating activities|4,918,473|2,123,547
| Express segment| Freight segment| Intra-city segment| Supply chain and international segment| Undistributed units|| Inter-segment elimination| Total
 Revenue from external customers|138,410,580|31,354,280|6,567,057|89,916,599|1,241,898|–||267,490,414
 Inter-segment revenue|16,577,930|1,593,213|3,698,616|700,298|12,070,206|(34,640,263)||–
 Cost of revenue|131,907,950|31,083,855|9,851,834|82,148,435|11,623,492|(32,543,206)||234,072,360
 Total profit/(loss)|7,739,581|644,525|(288,847)|2,938,917|(47,669)|(19,729)||10,966,778
 Income tax expenses/(credits)|2,280,435|616,848|(1,944)|993,055|75,068|(304)||3,963,158
 Net profit/(loss)|5,459,146|27,677|(286,903)|1,945,862|(122,737)|(19,425)||7,003,620
Total assets|90,082,034|10,026,508|3,956,639|66,235,754|148,072,567|(101,530,795)||216,842,707
 Total liabilities|61,547,088|10,394,188|1,086,136|53,540,703|79,713,800|(87,725,257)||118,556,658
 Depreciation and amortisation expenses|6,544,545|287,222|78,662|1,551,214|688,395|(11,958)||9,138,080
 Credit impairment losses|250,367|77,219|1,968|384,491|107,231|(176)||821,100
In 2022, no revenue from a single customer exceeded 10% or more of the total revenue.
(b) Segment information as at and for the year ended 31 December 2021 is as follows:
| Express segment| Freight segment| Intra-city segment| Supply chain and international segment| Undistributed units|| Inter-segment elimination| Total
 Revenue from external customers|132,319,106|28,356,404|5,117,905|39,979,632|1,413,600|–||207,186,647
 Inter-segment revenue|12,515,607|2,812,134|3,056,509|474,522|9,465,837|(28,324,609)||–
 Cost of revenue|124,054,968|29,990,841|8,079,144|36,164,215|9,337,828|(26,078,489)||181,548,507
 Total profit/(loss)|5,969,116|(417,142)|(902,586)|1,075,223|1,427,145|(18,075)||7,133,681
 Income tax expenses/(credits)|2,136,929|165,166|(3,735)|459,971|461,683|(5,546)||3,214,468
 Net profit/(loss)|3,832,187|(582,308)|(898,851)|615,252|965,462|(12,529)||3,919,213
Total assets|81,086,911|9,544,584|4,064,825|60,901,366|135,934,182|(81,631,886)||209,899,982
 Total liabilities|56,362,138|9,171,525|899,472|34,391,955|67,699,241|(56,539,596)||111,984,735
 Depreciation and amortisation expenses|5,180,097|253,747|55,420|753,735|792,605|(11,244)||7,024,360
 Credit impairment losses|310,456|110,648|4,477|190,763|(24,457)|(12,936)||578,951
In 2021, no revenue from a single customer exceeded 10% or more of the total revenue.
8. Related parties and related party transactions
(1) General information of the controlling shareholder and subsidiaries
The general information and other related information of the subsidiaries are set out in Note 6(1).
| Place of registration| Nature of business
 Mingde Holdings| Shenzhen| Investment
| Relationship with the Company
 DHL Weiheng (Zhuhai) Supply Chain Management Co., Ltd. (“DHL Weiheng Supply”)| The Group’s associate
 Shanghai Tingdi Logistics Service Co., Ltd.| The Group’s associate
 Shenzhen Fenglian Technology Co., Ltd.| The Group’s associate
 CR-SF International Express Co., Ltd.| The Group’s joint venture
 Beijing Wulian Shuntong Technology Co., Ltd. (“Wulian Shuntong”) and its subsidiaries| The Group’s joint venture
 ZBHA and its subsidiaries| The Group’s joint venture
Hubei International Logistics Airport Co., Ltd.| The Group’s joint venture
 Shenzhen Shenghai Information Service Co., Ltd. (“Shenghai Information”)| The Group’s joint venture
 Golden Arches (China) Co., Ltd. (“Golden Arches“) and its subsidiaries| Significantly influenced by the key management of the Company
 SF Foundation| Organisation sponsored by controlling shareholders and the Company’s subsidiaries, in which senior managers of the company serve on the Board of Management
The Company’s ultimate holding company is Mingde Holdings, and the ultimate controlling person is Wang Wei.
(b) The balances and changes of registered capital of the controlling shareholder
|31 December 2021| Increase in the current year|| Decrease in the current year||31 December 2022
 Mingde Holdings|113,406||–||–|113,406
(c) The percentages of shareholding and voting rights in the Company held by the controlling shareholder
|31 December 2022||31 December 2021|
| Shareholding (%)| Voting rights (%)| Shareholding (%)| Voting rights (%)
 Mingde Holdings|54.95%|54.95%|55.07%|55.07%
(2) Nature of related parties that do not control/are not controlled by the Company
| Relationship with the Company
 Hive Box Technology and its subsidiaries| Held by the ultimate controlling person
 Guangdong Fengxing Zhitu Technology Co., Ltd (“Fengxing Zhitu Technology”)| Controlled by the ultimate controlling person of the Company
 Shenzhen Fengxiang Information Technology Co., Ltd. (“Fengxiang Information Technology”)| Controlled by the ultimate controlling person of the Company
 Hangzhou Fengtai E-Commerce Industrial Park Management Ltd.| Controlled by the ultimate controlling person of the Company
 Shenzhen Shunshang Investment Co.,Ltd| Controlled by the ultimate controlling person of the Company
 Shenzhen SF Hefeng Microfinance Co.,LTD| Controlled by the ultimate controlling person of the Company
Shenzhen Fengyi Technology Limited (“Fengyi Technology”)| Controlling shareholder’s associate
 Yihai Shunfeng (Shanghai) Supply Chain Technology Co., Ltd.| The Group’s associate from December 2021
 Shanghai Jiaxing Logistics Co., Ltd.| The Group’s associate
 SF Real Estate Investment Trust (“SF REITs and its subsidiaries”)| The Group’s associate
 Shenzhen Shunjie Fengda and its subsidiaries (“Shunjie Fengda”) and its subsidiaries| The Group’s associate
 Shenzhen Zhongwang Finance and Tax Management Co., Ltd.| The Group’s associate
 Wuhan Shunluo Supply Chain Management Co., Ltd.| The Group’s associate
KENGIC Intelligent Technology Co., Ltd. (“KENGIC Intelligent”) and its subsidiaries| The Group’s associate
 Galaxis Technology and its subsidiaries| The Group’s associate
 Giao Hang Tiet Kiem Joint Stock Company| The Group’s associate
(3) Related party transactions
(a) Pricing policies
The pricing method of transactions and transaction price between the Group and related parties are determined, following arm’s length principle, by making reference to the market price or through negotiation between both parties.
| Nature of the transaction|2022|2021
 Golden Arches and its subsidiaries| Rendering of services|1,718,005|1,620,689
 Fengxing Zhitu Technology| Rendering of services|68,165|16,284
 Hive Box Technology and its subsidiaries| Rendering of services|28,970|36,847
 Fengyi Technology| Rendering of services|18,868|84,227
 Others| Rendering of services|111,965|253,460
||1,945,973|2,011,507
| Nature of the transaction|2022|2021
 Fengxiang Information Technology| Sales of goods|9,754|–
 Others| Sales of goods|11,601|9,804
21,355 9,804
| Nature of the transaction|2022|2021
 CR-SF International Express Co., Ltd.| Receipt of services|531,495|613,849
 Fengxing Zhitu Technology| Receipt of services|420,324|99,637
 Wulian Shuntong and its subsidiaries| Receipt of services|381,791|399,038
 Shunjie Fengda and its subsidiaries| Receipt of services|253,852|282,889
 Shanghai Jiaxing Logistics Co., Ltd.| Receipt of services|238,554|260,351
 Hive Box Technology and its subsidiaries| Receipt of services|158,518|181,717
ZBHA and its subsidiaries| Receipt of services|117,301|152,160
 Giao Hang Tiet Kiem Joint Stock Company| Receipt of services|79,203|–
 SF REITS and its subsidiaries| Receipt of services|61,624|29,672
 Shenghai Information| Receipt of services|25,619|27,912
 Others| Receipt of services|120,948|268,138
||2,389,229|2,315,363
| Nature of the transaction|2022|2021
KENGIC Intelligent and its subsidiaries| Purchase of goods|377,659|826,844
 Fengxiang Information Technology| Purchase of goods|255,349|121,006
 Others| Purchase of goods|50,863|624,052
(d) Interest income/Interest expenses|||||
| Nature of the transaction|2022||2021|
 Wuhan Shunluo Supply Chain Management Co., Ltd.| Interest income||–||2,116
 Others| Interest income||743||871
|||743||2,987
| Nature of the transaction|2022||2021|
 Shenzhen Zhongwang Finance and Tax Management Co., Ltd.| Interest expenses||165||57
 Others| Interest expenses||196||168
|||361||225
(e) Leases
| Type of the leased asset|2022||2021|
 Fengyi Technology| Buildings||2,530||1,745
 Others| Buildings||4,553||1,479
|||7,083||3,224
(ii) Right-of-use assets increased in the current year with the Group as the lessee Type of the leased asset||2022|2021
 SF REITS and its subsidiaries| Buildings|103,867|974,664
 Hangzhou Fengtai E-Commerce Industrial Park Management Ltd.| Buildings|43,082|13,116
 Shenzhen Shunshang Investment Co., Ltd.| Buildings|–|15,214
146,949 1,002,994
(iii) Depreciation and interest expenses borne in the current year by the Group as the lessee
| Type of the leased asset|2022|2021
 SF REITS and its subsidiaries| Buildings|225,826|142,703
 Hangzhou Fengtai E-Commerce Industrial Park Management Ltd.| Buildings|8,512|926
 Shenzhen Shunshang Investment Co., Ltd.| Buildings|3,821|11,751
||238,159|155,380
Guaranteed party| Guaranteed amount| Guarantee start date| Guarantee expiry date| Whether the guarantee has been fulfilled
 DHL Weiheng Supply|113,374|15 January 2021|23 December 2030| No
 Hubei International Logistics Airport Co., Ltd. (Note)|782,000|29 September 2021|29 April 2055| No
|895,374|||
Note: The guarantee amount of Hubei International Logistics Airport Co., Ltd. is the total guarantee amount formed by the aggregation of multiple guarantee amounts. The earliest date of guarantee is 29 September 2021, and the latest is 29 April 2055.
|2022||2021|
 SF REITS and its subsidiaries||232,939||–
 Others||–||1,071,130
||232,939||1,071,130
In 2022, the Group earned a total of RMB31,654,000 in investment income from related parties from the above equity transactions.
|2022||2021|
 SF Foundation||2,028||31,851
(i) Remuneration of key management
2022 2021
Remuneration of key management 29,214 28,414
(4) Receivables from and payables to related parties
|31 December 2022|31 December 2021
 Golden Arches and its subsidiaries|175,258|206,275
 Fengxing Zhitu Technology|18,854|20,628
 Yihai Shunfeng (Shanghai) Supply Chain Technology Co., Ltd.|8,077|–
 Fengyi Technology|6,367|23,464
 Others|28,472|28,056
|237,028|278,423
|31 December 2022|31 December 2021
 Hive Box Technology and its subsidiaries|10,337|22,679
 Galaxis Technology and its subsidiaries|8,200|–
 Others|7,463|4,612
|26,000|27,291
|31 December 2022|31 December 2021|
 DHL Weiheng Supply|32,920||–
|31 December 2022|31 December 2021
 Hive Box Technology and its subsidiaries|405,621|371,433
 SF REITS and its subsidiaries|51,726|48,898
 Golden Arches and its subsidiaries|51,873|40,229
 Others|12,274|31,497
|521,494|492,057
|31 December 2022|31 December 2021
 KENGIC Intelligent and its subsidiaries|1,497|27,455
 Others|608|26,828
|2,105|54,283
|31 December 2022||31 December 2021
 Shanghai Tingdi Logistics Service Co., Ltd.|65,408|–|
 Others|3,281|5,442|
|68,689|5,442|
(g) Deposits from customers|||
|31 December 2022||31 December 2021
 Shenzhen Zhongwang Finance and Tax Management Co., Ltd.|11,531|6,509|
 Shenzhen Fenglian Technology Co., Ltd.|8,884|–|
 Others|172|1|
|20,587|6,510|
|31 December 2022|31 December 2021
 Fengxing Zhitu Technology|111,218|72,497
 CR-SF International Express Co., Ltd.|85,092|50,439
 Giao Hang Tiet Kiem Joint Stock Company|80,134|–
 Wulian Shuntong and its subsidiaries|52,320|98,917
 Shanghai Jiaxing Logistics Co., Ltd.|43,410|58,979
 Fengxiang Information Technology|37,055|25,256
Shunjie Fengda and its subsidiaries|34,554|41,184
 Hive Box Technology and its subsidiaries|16,318|9,936
 Galaxis Technology and its subsidiaries|13,272|15,561
 ZBHA and its subsidiaries|10,061|8,146
 Others|21,807|34,909
|505,241|415,824
|31 December 2022|31 December 2021
 Fengyi Technology|4,137|2,689
 Others|2,873|2,584
|7,010|5,273
|31 December 2022|31 December 2021
 KENGIC Intelligent and its subsidiaries|187,008|240,661
 Golden Arches and its subsidiaries|20,667|24,087
 Others|12,647|212,242
|220,322|476,990
|31 December 2022|31 December 2021
 SF REITS and its subsidiaries|784,767|816,579
 Hangzhou Fengtai E-Commerce Industrial Park Management Ltd.|45,379|9,330
 Shenzhen Shunshang Investment Co., Ltd.|–|3,936
|830,146|829,845
(5) Commitments in relation to related parties
(a) As at 31 December 2022, the Group had no significant lease-out commitments in relation to related parties (31 December 2021: Hangzhou Fengtai E-Commerce Industrial Park Management Ltd.: RMB49,970,000).
(b) Provide guarantee
Hubei International Logistics Airport Co., Ltd. 2,384,180 2,890,180
The above-mentioned related party commitments are committed but have not yet provided the balance of guarantees to related parties.
9. Share-based payments
(1) Overview of share-based payments
Expenses recognised for the year arising from share-based payments were as follows:
|2022||2021|
 Equity-settled share-based payments||109,573||349,308
 Cash-settled share-based payments||48,111||199,021
||157,684||548,329
(2) Information on equity-settled share-based payments
(a) Information on share-based payments of the Company
In May 2022, the Company held the 25th meeting of the 5th Board of Directors in 2022, at which proposals such as the Stock Option Incentive Plan (“2022 Stock Option Incentive Plan”) were approved. The Company granted no more than 60,000,000 share options to eligible incentive recipients, and the exercise price of the share option is RMB42.61. If the Company meets the predetermined performance conditions and the incentive recipients meet the performance evaluation indicators, the four quarters of the total share options received by the grantee will come into effect from 30 May 2022 after 12 months, 24 months, 36 months and 48 months, respectively.
As at 30 May 2022, the Company granted 47,892,100 stock options to 1,449 eligible incentive recipients for the first time at the exercise price of RMB42.61 per share.
In October 2022, the Company held the 29th meeting of the 5th Board of Directors, at which the Motion on Adjusting the Exercise Price of Stock Option Incentive Plan was approved. The exercise price was adjusted from RMB42.61 per share to RMB42.431 per share.
As at 28 October 2022, the Company granted 1,608,000 reserved stock options to 44 eligible incentive recipients at an exercise price of RMB42.431 per share.
As at 31 December 2022, the Company has 49,500,000 stock options outstanding.
The key parameters for determining the fair value of the share options at the grant date are as follows:
Valuation method| Black-Scholes Model
 The exercise price of the option on the grant date| RMB 42.61 and RMB42.431
 The validity period of the option| The duration from the grant date to the first exercise date of each period
 The current price of the underlying shares (Closing price on grant date)| RMB 51.57 and RMB49.88
 Historical share price volatility|35.77%~40.39%
 Estimated dividend rate|0.51%~0.55%
 The risk-free interest rate within the validity period of the option|1.50%~2.75%
At each balance sheet date during the vesting period of the incentive plan, the number of share options expected to be exercised will be revised based on subsequent information such as changes in the number of employees who can exercise their share options and the completion of vesting conditions, and the services obtained in the current period will be included in relevant costs and capital reserve based on the fair value of share options at the grant date.
As at 31 December 2022, the equity-settled share-based payments recognised by the Company accumulated to RMB244,485,000 (31 December2021: RMB23,633,000), including accumulated amounts attributable to shareholders of the parent company of RMB243,869,000 (31 December2021: RMB23,633,000) In 2022, the amount of expenses recognised by the Company for the equity-settled share-based payments was RMB220,852,000 (2021: Nil).
(b) Information on share-based payments of the Company’s subsidiaries