NaaS Technology (NAAS) 20-F 9 May 24 2023 FY Annual report (foreign) Financial data

Cover Page

Cover Page - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Entity Registrant Name	NaaS Technology Inc.
Entity Central Index Key	0001712178
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Transition Report	false
Document Annual Report	true
Document Shell Company Report	false
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Interactive Data Current	Yes
Document Registration Statement	false
Entity File Number	001-38235
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	Newlink Center, Area G, Building 7
Entity Address, Address Line Two	Huitong Times Square
Entity Address, Address Line Three	No.1 Yaojiayuan South Road
Entity Address, City or Town	Chaoyang District
Entity Address, Postal Zip Code	100024
Entity Address, Country	CN
Document Accounting Standard	International Financial Reporting Standards
Entity Well-known Seasoned Issuer	No
ICFR Auditor Attestation Flag	true
Auditor Name	Centurion ZD CPA & Co.	Ernst & Young Hua Ming LLP	Centurion ZD CPA & Co.
Auditor Firm ID	2769	1408	2769
Auditor Location	Hong Kong, China	Beijing, The People’s Republic of China	Hong Kong, China
Document Financial Statement Error Correction [Flag]	false
Business Contact [Member]
Document Information [Line Items]
Contact Personnel Name	Alex Wu
Entity Address, Address Line One	Newlink Center, Area G, Building 7
Entity Address, Address Line Two	Huitong Times Square
Entity Address, Address Line Three	No.1 Yaojiayuan South Road
Entity Address, City or Town	Chaoyang District
Entity Address, Postal Zip Code	100024
Entity Address, Country	CN
City Area Code	86
Local Phone Number	(10) 8551 1066
ADR [Member]
Document Information [Line Items]
Title of 12(b) Security	American depositary shares, each representing 10 Class A ordinary shares, par value US$0.01 per share
Trading Symbol	NAAS
Security Exchange Name	NASDAQ
Class A ordinary shares [Member]
Document Information [Line Items]
Title of 12(b) Security	Class A ordinary shares, par value US$0.01 per share*
Entity Common Stock, Shares Outstanding	847,654,531
No Trading Symbol Flag	true
Class B ordinary shares [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	242,662,399
Class C ordinary shares [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	1,364,885,373

Consolidated Statements of Fina

Consolidated Statements of Financial Position ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)
CURRENT ASSETS
Cash and cash equivalents	¥ 436,242	$ 61,443	¥ 513,351
Trade receivables	73,144	10,302	130,004
Contract assets	77,684	10,942	0
Financial assets at fair value through profit or loss	70,164	9,882	0
Inventories	22,458	3,163	0
Prepayments,other receivables and other assets	436,377	61,462	287,435
Other financial assets	27,898	3,929
Total current assets	1,143,967	161,123	930,790
Non-current assets
Right-of-use assets	14,026	1,976	17,030
Financial assets at fair value through profit or loss	34,788	4,900	11,753
Financial assets at fair value through other comprehensive income	104,970	14,785	129,060
Other financial assets	100,718	14,186
Investments accounted for using equity method	267	38
Property, plant and equipment	4,378	617	2,600
Intangible assets	13,320	1,876	833
Goodwill	40,085	5,646	0
Other non-current assets	8,580	1,208	13,869
Total non-current assets	321,132	45,232	175,145
Total assets	1,465,099	206,355	1,105,935
Current liabilities
Interest-bearing bank borrowings	72,953	10,275	38,000
Current lease liabilities	7,154	1,008	6,853
Trade payables	152,066	21,418	49,239
Income tax payables	19,170	2,700	16,214
Convertible bonds	272,684	38,407
Other payables and accruals	293,003	41,268	81,835
Total current liabilities	817,030	115,076	192,141
Non-current liabilities
Interest-bearing bank borrowings	681,821	96,032	465,155
Non-current lease liabilities	6,936	977	9,327
Deferred tax liabilities	2,917	411	438
Total non-current liabilities	691,674	97,420	474,920
Total liabilities	1,508,704	212,496	667,061
EQUITY
Share capital	165,183	23,266	146,730
Subscription receivable	(4,696)	(661)
Additional paid in capital	7,196,341	1,013,583	6,358,600
Other reserves	(65,699)	(9,254)	(35,201)
Accumulated losses	(7,338,168)	(1,033,559)	(6,031,255)
Non-controlling interests	3,434	484
Total equity	(43,605)	(6,141)	438,874
Total equity and liabilities	¥ 1,465,099	$ 206,355	¥ 1,105,935

Consolidated Statements of Prof

Consolidated Statements of Profit or Loss and Other Comprehensive Loss ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥) ¥ / shares	Dec. 31, 2023 USD ($) $ / shares	Dec. 31, 2022 CNY (¥) ¥ / shares	Dec. 31, 2021 CNY (¥) ¥ / shares
Statements [Line Items]
Total revenues	¥ 320,078	$ 45,082	¥ 92,814	¥ 33,453
Cost of revenues	(231,319)	(32,581)	(86,647)	(29,587)
Gross profit	88,759	12,501	6,167	3,866
Operating expenses
Selling and marketing expenses	(446,708)	(62,918)	(241,430)	(193,340)
Administrative expenses	(669,837)	(94,345)	(2,195,981)	(34,458)
Research and development expenses	(63,050)	(8,880)	(36,557)	(30,253)
Total operating expenses	(1,179,595)	(166,143)	(2,473,968)	(258,051)
Other gains, net	24,471	3,447	7,317	138
Operating loss	(1,066,365)	(150,195)	(2,460,484)	(254,047)
Fair value changes of convertible instruments	(116,520)	(16,411)	(3,158,498)
Fair value changes of financial instruments at fair value through profit or loss	(87,519)	(12,327)	1,753
Finance costs	(32,960)	(4,642)	(10,275)	(1,097)
Loss before income tax	(1,303,364)	(183,575)	(5,627,504)	(255,144)
Income tax expenses	(3,786)	(533)	(9,861)	(5,318)
Net loss for the year	(1,307,150)	(184,108)	(5,637,365)	(260,462)
Net loss attributable to:
Equity holders of the Company	(1,306,913)	(184,075)	(5,637,365)	(260,462)
Non-controlling interests	(237)	(33)
Net loss for the year	¥ (1,307,150)	$ (184,108)	¥ (5,637,365)	¥ (260,462)
Basic and diluted loss per share for loss attributable to the ordinary shareholders of the Company (Expressed in RMB per share)
Basic loss per share | (per share)	¥ (0.58)	$ (0.08)	¥ (2.92)	¥ (0.16)
Diluted loss per share | (per share)	¥ (0.58)	$ (0.08)	¥ (2.92)	¥ (0.16)
Net loss for the year	¥ (1,307,150)	$ (184,108)	¥ (5,637,365)	¥ (260,462)
– Fair value changes on equity investment designated at fair value through other comprehensive loss, net of tax	(24,090)	(3,393)	(10,143)
– Currency translation differences	(6,408)	(903)	(25,058)
Other comprehensive loss for the year, net of tax	(30,498)	(4,296)	(35,201)
Total comprehensive loss for the year	(1,337,648)	(188,404)	(5,672,566)	(260,462)
Total comprehensive loss attributable to:
Equity holders of the Company	(1,337,411)	(188,371)	(5,672,566)	(260,462)
Non-controlling interests	(237)	(33)
Total comprehensive loss for the year	(1,337,648)	(188,404)	(5,672,566)	(260,462)
Charging Services [Member]
Statements [Line Items]
Revenue from rendering of services	129,107	18,184	82,590	29,607
Energy Solutions [Member]
Statements [Line Items]
Revenue from rendering of services	187,260	26,375	8,115	2,989
New Initiatives [Member]
Statements [Line Items]
Revenue from rendering of services	¥ 3,711	$ 523	¥ 2,109	¥ 857

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity ¥ in Thousands, $ in Thousands	CNY (¥)	USD ($)	Share capital CNY (¥)	Share capital USD ($)	Subscription receivable CNY (¥)	Subscription receivable USD ($)	Additional paid- in capital CNY (¥)	Additional paid- in capital USD ($)	Other reserves CNY (¥)	Other reserves USD ($)	Accumulated losses CNY (¥)	Accumulated losses USD ($)	Parent CNY (¥)	Parent USD ($)	Non-controlling interests CNY (¥)	Non-controlling interests USD ($)
Beginning balance at Dec. 31, 2020	¥ 14,558						¥ 147,986				¥ (133,428)		¥ 14,558
Comprehensive loss
Net loss for the year	(260,462)										(260,462)		(260,462)
Total comprehensive loss for the year	(260,462)										(260,462)		(260,462)
Transactions with equity holders:
Contribution from a controlling shareholder	264,555						264,555						264,555
Share-based payments from the ESOP	10,788						10,788						10,788
Ending balance at Dec. 31, 2021	29,439						423,329				(393,890)		29,439
Comprehensive loss
Net loss for the year	(5,637,365)										(5,637,365)		(5,637,365)
Other comprehensive loss	(35,201)								¥ (35,201)				(35,201)
Total comprehensive loss for the year	(5,672,566)								(35,201)		(5,637,365)		(5,672,566)
Transactions with equity holders:
Subdivision of shares			¥ 110,375				(110,375)
Issuance of shares	3,943,584		25,910				3,917,674						3,943,584
Deemed issuance of shares upon the Merger transaction	1,891,984		10,226				1,881,758						1,891,984
Exercise of option	5,422		219				5,203						5,422
Contribution from a controlling shareholder	27,179						27,179						27,179
Share-based payments from the ESOP	195,669						195,669						195,669
Share-based payments from the controlling shareholder ESOP	18,163						18,163						18,163
Ending balance at Dec. 31, 2022	438,874		146,730				6,358,600		(35,201)		(6,031,255)		438,874
Comprehensive loss
Net loss for the year	(1,307,150)	$ (184,108)									(1,306,913)		(1,306,913)		¥ (237)
Other comprehensive loss	(30,498)	(4,296)							(30,498)				(30,498)
Total comprehensive loss for the year	(1,337,648)	(188,404)	0				0		(30,498)		(1,306,913)		(1,337,411)		(237)
Transactions with equity holders:
Issuance of shares	149,011		7,175		¥ (4,696)		146,532						149,011
Exercise of option	2,361		3,471				(1,110)						2,361
Transaction cost related to issuance of shares	(18,285)						(18,285)						(18,285)
Conversion of convertible bonds to shares	319,335		7,807				311,528						319,335
Capital contributions from non-controlling shareholders	4,279														4,279
Non-controlling interests arising from business combination	(608)														(608)
Share-based payments from the ESOP	393,825						393,825						393,825
Share-based payments from the controlling shareholder ESOP	5,251						5,251						5,251
Ending balance at Dec. 31, 2023	¥ (43,605)	$ (6,141)	¥ 165,183	$ 23,266	¥ (4,696)	$ (661)	¥ 7,196,341	$ 1,013,583	¥ (65,699)	$ (9,254)	¥ (7,338,168)	$ (1,033,559)	¥ (47,039)	$ (6,625)	¥ 3,434	$ 484

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Equity (Parenthetical) $ in Thousands	Dec. 31, 2021 CNY (¥)
Equity	¥ 29,439,000
Share capital | Top of range [member]
Equity	¥ 1,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Cash flows from operating activities
Cash used in operations	¥ (570,482)	$ (80,351)	¥ (585,522)	¥ (219,114)
Interest received	5,239	738	4,826	0
Net cash used in operating activities	(565,243)	(79,613)	(580,696)	(219,114)
Cash flows from investing activities
Purchase of property, plant and equipment and other non-current assets	(6,327)	(893)	(17,132)	(606)
Purchase of financial instruments	(720,584)	(101,492)	(144,203)	(5,000)
Proceeds from sale of financial instruments	421,749	59,402
Investment in equity method investees	(400)	(56)
Loan advanced to a related party	(110,000)	(15,493)
Repayment of loan by a related party	110,000	15,493
Net cash paid for acquisition of a subsidiary	(34,048)	(4,796)
Net cash flows used in investing activities	(339,610)	(47,835)	(161,335)	(5,606)
Cash flows from financing activities
Borrowings from banks	380,325	53,568	503,155
Interests paid	(32,228)	(4,539)	(9,537)	(193)
Repayment of borrowings from bank	(143,872)	(20,264)
Payments of principal portion of lease liabilities	(7,231)	(1,018)	(6,834)	(1,881)
Proceeds from issuance of ordinary shares	149,011	20,988	212,377
Proceeds from issuance of convertible redeemable preferred shares			556,356
Proceeds from issuance of convertible bonds	495,789	69,830
Proceeds from revenue-based financing	24,372	3,433
Repayments for revenue-based financing	(2,744)	(386)
Expenses for issuance of preferred shares, convertible bonds and ordinary shares	(39,957)	(5,628)	(8,624)
Contribution from a shareholder				231,618
Capital injection from non-controlling interests	4,279	603
Net cash flows generated from financing activities	827,744	116,587	1,246,893	229,544
Net increase/(decrease) in cash and cash equivalents	(77,109)	(10,861)	504,862	4,824
Cash and cash equivalents at the beginning of the year	513,351	72,304	8,489	3,665
Cash and cash equivalents at the end of the year	¥ 436,242	$ 61,443	¥ 513,351	¥ 8,489

Corporate information

Corporate information	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Corporate information	1. Corporate information 1.1. General information NaaS Technology Inc. (the “Company”) was incorporated in the Cayman Islands on July 16, 2013 as an exempted company with limited liability. The Company is a holding company. The immediate and ultimate holding company of the Company is Newlinks Technology Limited (“NewLink”) which owns 65.5% of its ordinary shares and is a holding company incorporated in the Cayman Islands. On June 10, 2022, RISE Education Cayman Ltd (“RISE”), the Company’s predecessor, completed the merger and other related transactions (the “Merger Transactions”) with Dada Auto (“Dada”), as a result of which Dada became a wholly-owned subsidiary of RISE and RISE assumed and began conducting the principal business of Dada. The name of the Company was changed from “RISE Education Cayman Ltd” to “NaaS Technology Inc.”. The “Group” means (i) prior to the completion of the Reorganization as defined in Note 1.2, subsidiaries and VIEs of NewLink that provided EV charging services in China, (ii) upon and after the completion of the Reorganization, Dada, its subsidiaries, and Kuaidian Power (Beijing) New Energy Technology Co., Ltd. (“Kuaidian Power Beijing”) for the period during which Dada maintained VIE arrangements with Kuaidian Power Beijing, and (iii) upon and after completion of the Merger Transactions, the Company and its subsidiaries. The consolidated financial statements of the Group for the year ended December 31, 2023 were authorized for issue in accordance with a resolution of the directors on May 9, 2024. 1.2. History and reorganization of the Group The EV charging services were launched in 2019 through Chezhubang (Beijing) Technology Co., Ltd. (“Chezhubang Technology”) and its subsidiaries Beijing Chezhubang New Energy Technology Co., Ltd. (“Beijing Chezhubang”) and Kuaidian Power Beijing, which were established by Chezhubang Technology in July 2018 and August 2019, respectively. Chezhubang Technology was controlled by NewLink. Kuaidian Power Beijing subsequently acquired Shaanxi Kuaidian Mobility Technology Co., Ltd. (“Shaanxi Kuaidian”) in May 2020. The consideration was immaterial, because no substantial operation was conducted by Shaanxi Kuaidian when acquired. In July 2019, Dada was established in the Cayman Islands as a holding company to facilitate the Group’s offshore financing. In September 2020, Kuaidian Power Beijing established a wholly-owned subsidiary, Zhidian Youtong Technology Co., Ltd. (“Zhidian Youtong”). In February 2021, Cosmo Light (Beijing) New Energy Technology Co., Ltd. (“Cosmo Light”) was established. In April 2021, Xixian New District Constant Energy Joint New Energy Automobile Co., Ltd. (“XXND Automobile”) and Qingdao Hill Matrix New Energy Technology Co., Ltd. (“QHM New Energy”) were established. Ownership interests in Cosmo Light was held by Shandong Cosmo Light Co., Ltd, and XXND Automobile and QHM New Energy were held by Zhejiang Huzhou Hill Matrix Limited. In September 2021, Beijing Chezhubang acquired 100% of the ownership interest in Shaanxi Kuaidian. In early 2022, the Company entered into a series of transactions to restructure its organization and its EV charging service business (the “Reorganization”). In connection with the Reorganization, various intermediate holding companies were established, including Fleetin HK Limited in March 2020. Fleetin HK Limited further established Zhejiang Anji Intelligent Electronics Holding Co., Ltd. (“Anji Zhidian”), a wholly-owned subsidiary in China, in December 2021. As part of the Reorganization, Anji Zhidian acquired 100% of the ownership interest in Beijing Chezhubang from Chezhubang Technology, and Beijing Chezhubang in turn acquired 100% of the ownership interest in Zhidian Youtong. In conjunction therewith the Company acquired: (a) 100% equity interests in Cosmo Light through Shandong Cosmo Light Co., Ltd in March 2022, and (b) 100% equity interests in QHM New Energy through Zhejiang Huzhou Hill Matrix Limited in March 2022, and (c) 80% equity interests in XXND Automobile through Zhejiang Huzhou Hill Matrix Limited in March 2022. Kuaidian Power Beijing entered into a VIE arrangement with Anji Zhidian from January 5, 2022 to April 5, 2022, temporarily, and then Anji Zhidian acquired 100% of the equity interests in Kuaidian Power Beijing as part of the Reorganization. Kuaidian Power Beijing entered into a VIE arrangement with Anji Zhidian from January 5, 2022 to April 5, 2022, as a result of which (i) Kuaidian Power Beijing initially became a VIE of Dada Auto, and (ii) Dada Auto became entitled to receive substantially all of the economic benefits generated by Kuaidian Power Beijing as primary beneficiary and was responsible for any and all economic losses Kuaidian Power Beijing incurred. On On June 20, 2023, the Group acquired a 89.999% interest in Sinopower Holdings International Co. Limited (“Sinopower”). Sinopower is engaged in the provision of solar energy solutions in Hong Kong. 1.3. Reverse merger On February 8, 2022, Dada entered into the Merger Agreement among RISE, Dada Merger Sub Limited, a wholly-owned subsidiary of RISE (“Merger Sub”), Dada Merger Sub II Limited, a wholly-owned subsidiary of RISE (“Merger Sub II”). Pursuant to the Merger Agreement, Merger Sub will merge with Dada, with Dada being the surviving company (the “Surviving Company”) and a wholly-owned subsidiary of RISE (the “Merger”), and Data will merge with and into Merger Sub II, with Merger Sub II as the surviving company and a wholly-owned subsidiary of RISE immediately following the consummation of the Merger. RISE was a public shell company prior to the Merger. As of June 10, 2022, the Merger was completed and the existing shareholders of Dada and RISE owned approximately 93% and 7% of the fully diluted ordinary shares (including no. of shares under Dada ESOP and Rise ESOP) of the combined entity, respectively, immediately following the closing of the Merger. NewLink, as the existing shareholders of Dada, holds a majority of the voting interest of the combined entity, and the election of independent directors is determined by NewLink. As the result of the shareholders and board arrangement, Rise is identified as the legal acquirer but accounting acquiree from accounting purpose (“accounting acquiree”) and Dada is identified as legal acquiree but accounting acquirer for accounting purposes (“accounting acquirer”). As RISE, the legal acquirer and accounting acquiree, does not meet the definition of a business, management concluded that the Merger should be accounted for as a continuation of the financial statements of Dada (the legal subsidiary), together with a deemed issue of shares and a re-capitalization 1.4. Subsidiaries The Company’s major subsidiaries as at December 31, 2022 and 2023 are set out below. The country of incorporation or registration is also their principal place of business. Name of entity Place of Date of Effective Principal activities 2022 2023 Subsidiaries Zhejiang Anji Intelligent Electronics Holding Co., Zhejiang, China December 24, 100% 100% Charging services revenues/Energy solutions revenues Qingdao Intelligent Electronics Co., Ltd. Shandong, China June 09, 2022 100% 100% Charging services revenues Sinopower Holdings International Co. Limited Hong Kong, China June 10, 2023 Nil 89.999% Energy solutions revenues 1.5. Basis of preparation The consolidated financial statements of the Group have been prepared in accordance with International Financial Reporting Standards(“IFRSs”) as issued by the International Accounting Standards Board (“IASB”). The consolidated financial statements of the Group have been prepared on a historical cost basis, except for inventories, equity financial assets and financial assets at fair value through profit or loss (“FVTPL”) and financial assets at fair value through other comprehensive income (“FVTOCI”), convertible bonds, etc. that have been measured at fair value. The consolidated financial statements provide comparative information in respect of the previous period. All amounts disclosed in the consolidated financial statements are rounded to the nearest thousand unless otherwise indicated. The consolidated financial statements are prepared on a going concern basis. The preparation of the consolidated financial statements in conformity with IFRSs requires the use of certain critical accounting estimates. It also requires management to exercise its judgment in the process of applying the Group’s accounting policies. The areas involving a higher degree of judgment or complexity, or areas where assumptions and estimates are significant to the consolidated financial statements are disclosed in Note 4. The Company implemented certain changes to align its statement of profit or loss presentation more closely with the manner in which the Company’s management currently receives and uses financial information to evaluate business performance following the Company’s expansion of business lines, extension of its services to a broader range of energy asset owners, including EV charging stations, PV and energy asset owners, and recent acquisitions. The Company now reports its revenues under the following three primary categories: Charging services revenue Energy solutions revenue New initiatives revenue The Company retrospectively reclassified the presentation of the prior periods’ consolidated statements of profit or loss and other comprehensive loss to conform to the current period presentation. The change in presentation involved the recategorization of revenues from mobility connectivity services and from full station operation model to charging services revenue; the inclusion of revenues from EPC services, hardware procurement, station upgrade and maintenance services to energy solutions revenue; and the reclassification of income from electricity procurement, non-charging The consolidated statements of profit or loss and other comprehensive loss, changes in equity and cash flows of the Group included the results and cash flows of all companies now comprising the Group from the earliest date presented or since the date when the subsidiaries and/or businesses first came under the common control of the controlling shareholder, whenever the period is shorter.

Material accounting policies

Material accounting policies	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Material accounting policies	2. Material accounting policies The material accounting policies applied in the preparation of these combined financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. 2.1. New and amended standards adopted by the Group (a) Amendments to the accounting standards adopted The Group has applied the following amendments for the first time for their annual reporting period commencing January 1, 2023: The application of these new and amendments to IFRSs in the current year has had no material impact on the Group’s financial positions and performance for the current and prior years and/or on the disclosures set out in these consolidated financial statements. IFRS 17 (including the amendments to IFRS 17 issued in June 2020 and December 2021) Insurance Contracts Amendments to IAS 1 and IFRS Practice Statement 2 Disclosure of Accounting Policies Amendments to IAS 8 Definition of Accounting Estimates Amendments to IAS 12 Deferred Tax related to Assets and Liabilities arising from a Single Transaction Amendments to IAS 12 International Tax Reform-Pillar Two model Rules (b) New standards and interpretations not yet adopted New standards, amendments to standards and interpretations that have been issued but not yet effective and have not been early adopted by the Group during the year ended December 31, 2023 are as follows: Amendments Effective for accounting periods Amendments to IFRS 1, Presentation of financial statements: Classification of liabilities as current or non-current January 1, 2024 Amendments to IFRS 1, Presentation of financial statements: Non-current January 1, 2024 Amendments to IFRS 16, Leases: Lease liability in a sale and leaseback January 1, 2024 Amendments to IFRS 7, Statement of cash flows and IFRS 7, Financial Instruments: Disclosures: Supplier finance arrangements January 1, 2024 Amendments to IFRS 21, The effects of changes in foreign exchange rates: Lack of exchangeability January 1, 2025 These new standards and amendments are not expected to have a material impact on the Group’s consolidated financial statements in the current or future reporting periods and on foreseeable future transactions. 2.2. Subsidiaries and non-controlling Subsidiaries are all entities over which the Group has control. The Group controls an entity when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. Subsidiaries are fully consolidated from the date on which control is transferred to the Group. They are deconsolidated from the date that control ceases. Inter-company transactions, balances and unrealized gains on transactions between group companies are eliminated. Unrealized losses are also eliminated unless the transaction provides evidence of an impairment of the transferred asset. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the Group. Non-controlling loss non-controlling 2.3. Associates An associate is an entity over which the Group has significant influence but not control, generally accompanying a shareholding of between 20% and 50% of the voting rights. Investments in associates are accounted for in the consolidated financial statements using the equity method and are initially recorded at cost. The Group’s interests in associates include goodwill identified on acquisition, net of any accumulated impairment loss and adjustment thereafter for the post-acquisition changes in the Group’s share of the associates’ net assets. The consolidated statement of profit or loss and other comprehensive income includes the Group’s share of post-acquisition, post-tax post-tax When the Group’s share of losses exceeds its interest in the associate, the Group’s interest is reduced to nil and recognition of further losses is discontinued except to the extent that the Group has incurred legal or constructive obligations or made payments on behalf of the associate. For this purpose, the Group’s interest in the associate is the carrying amount of the investment using the equity method together with the Group’s long-term interests that in substance form part of the Group’s net interest in the associate. Unrealized profits and losses resulting from transactions between the Group and its associates are eliminated to the extent of the Group’s interests in the associates, except where unrealized losses provide evidence of an impairment of the asset transferred, in which case they are recognized immediately in the consolidated statement of profit or loss and other comprehensive income. If the ownership interest in an associate is reduced but significant influence is retained, only a proportionate share of the amounts previously recognized in other comprehensive income is reclassified to the consolidated statement of profit or loss and other comprehensive income where appropriate. Adjustments are made to the financial statements of associates when necessary to align their accounting policies to ensure consistency with policies adopted by the Group. 2.4. Segment reporting Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision-maker (“CODM”). The CODM, who is responsible for allocating resources, assessing performance of the operating segments and making strategic decisions, has been identified as the Chief Executive Officer of the Group, who reviews the consolidated results of operations when making decisions about allocating resources and assessing performance of the Group as a whole. For the purpose of internal reporting and management’s operation review, the CODM and management personnel do not segregate the Group’s business by product or service lines. Hence, the Group has only one operating segment. In addition, the Group does not distinguish between markets or segments for the purpose of internal reporting. As the Group’s assets and liabilities are substantially located in the PRC, substantially all revenues are earned and substantially all expenses are incurred in the PRC, no geographical segments are presented. 2.5. Foreign currency translation (a) Functional and presentation currency Items included in the financial statements of each of the Group’s entities are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). The functional currency of the Company is U.S. dollars (“USD”). The functional currency of subsidiaries in the Group operating businesses in the PRC is Renminbi (“RMB”). The functional currency of subsidiaries in the Group operating businesses outside of the PRC generally use their respective local currencies as their functional currencies. The Group presents its consolidated financial statements in RMB, unless otherwise stated. (b) Transactions and balances Foreign currency transactions are translated into the functional currency using the exchange rates at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions, and from the translation of monetary assets and liabilities denominated in foreign currencies at year end exchange rates, are generally recognized in profit or loss. Non-monetary (c) Group companies The results and financial position of foreign operations (none of which has the currency of a hyper-inflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows: (i) assets and liabilities for each statement of financial position presented are translated at the closing rate at the date of the end of the reporting period; (ii) income and expenses for each statement of profit or loss and other comprehensive income are translated at average exchange rates (unless this is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses are translated at the rate on the dates of the transactions); and (iii) all resulting currency translation differences are recognized in other comprehensive loss. During s 2.6. Goodwill Goodwill represents the excess of the cost of the consideration transferred, the amount of any non-controlling Goodwill is allocated to cash-generating units (“CGUs”) for the purpose of impairment testing. The allocation is made to those CGUs or groups of CGUs that are expected to benefit from the business combination in which the goodwill arose. The units or groups of units are identified at the lowest level at which goodwill is monitored for internal management purposes, below the operating segment. 2.7. Property, plant and equipment All property, plant and equipment is stated at historical cost less accumulated depreciation and accumulated impairment losses (if any). 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 Group and the cost of the item can be measured reliably. The carrying amount of any component accounted for as a separate asset is derecognized when replaced. All other repairs and maintenance are charged to profit or loss during the reporting period in which they are incurred. Depreciation is calculated using the straight-line method to allocate the cost of the assets, net of their residual values, over their estimated useful lives, as follows: – Electronic equipment 5 years – Furniture and office equipment 3 years The asset’s residual values and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period. 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. Gains and losses on disposals are determined by comparing proceeds with carrying amount and included in profit or loss. 2.8. Intangible assets (other than goodwill) Acquired computer software is stated at historical cost less accumulated amortization and accumulated impairment losses (if any). Historical cost includes expenditure that is directly attributable to the acquisition of the items. Costs associated with maintaining software programs are expensed as incurred. The Group amortizes intangible assets with a limited useful life using the straight-line method over the following periods: – Computer software 5 years Intangible assets acquired in a business combination are recognized separately from goodwill and are initially recognized at their fair value at the acquisition date (which is regarded as their cost). Subsequent to initial recognition, intangible assets acquired in a business combination with finite useful lives are reported at cost less accumulated amortization and any accumulated impairment losses. 2.9. Investments and other financial assets (a) Classification The Group classifies its financial assets in the following measurement categories: • those to be measured subsequently at fair value (either through other comprehensive income or through profit or loss), and • those to be measured at amortized cost. The classification depends on the entity’s business model for managing the financial assets and the contractual terms of the cash flows. For assets measured at fair value, gains and losses will either be recorded in profit or loss or other comprehensive income (“OCI”). For investments in equity instruments that are not held for trading, this will depend on whether the Group has made an irrevocable election at the time of initial recognition to account for the equity investment at FVTOCI. (b) Recognition and derecognition Regular way purchases and sales of financial assets are recognized on trade-date, the date on which the Group commits to purchase or sell the asset. Financial assets are derecognized when the rights to receive cash flows from the financial assets have expired or have been transferred and the Group has transferred substantially all the risks and rewards of ownership. (c) Measurement At initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at FVTPL, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial asset carried at FVTPL are expensed in profit or loss. Equity instrument The Group subsequently measures all equity investments at fair value. Where the Group’s management has elected to present fair value gains and losses on equity investments in OCI, there is no subsequent reclassification of fair value gains and losses to profit or loss following the derecognition of the investment. Dividends from such investments continue to be recognized in profit or loss as other income when the Group’s right to receive payments is established. Changes in the fair value of financial assets at FVTPL are recognized in the consolidated statements of profit or loss and other comprehensive loss as applicable. Impairment losses (and reversal of impairment losses) on equity investments measured at FVTOCI are not reported separately from other changes in fair value. (d) Impairment The Group assesses on a forward-looking basis the expected credit losses (“ECL”) associated with its debt instruments. The impairment methodology applied depends on whether there has been a significant increase in credit risk. 2.10. Inventories Inventories mainly consist of work in process and finished goods, etc. Inventories are stated at the lower of cost and net realizable value. They are accounted for either using the weighted average basis or using the specific-unit-cost method. Net realizable value represents the estimated selling prices for inventories less all estimated costs of completion and costs necessary to make the sale. Costs necessary to make the sale include incremental costs directly attributable to the sale and non-incremental 2.11. Trade receivables and other receivables Trade receivables are amounts due from customers for goods sold or services performed in the ordinary course of business. Majority of trade receivables are from energy solution business and other receivables and prepayments are from charging services. They are generally due for settlement within one year (or in the normal operating cycle of the business if longer) and therefore all classified as current. Trade receivables and other receivables are recognized initially at the amount of consideration that is unconditional unless they contain significant financing components, when they are recognized at fair value. The Group holds trade receivables and other receivables with the objective of collecting the contractual cash flows and therefore measures them subsequently at amortized cost using the effective interest method. See Note 7 for further information about trade receivables and Note 3.1 for a description of the Group’s financial risk. For trade receivables, the Group applies a simplified approach in calculating ECLs. Therefore, the Group does not track changes in credit risk, but instead recognizes a credit loss allowance based on lifetime ECLs at each reporting date. The Group has established a provision matrix that is based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors and the economic environment. Impairment on other receivables is measured as either 12-month 2.12. Cash and cash equivalents For the purpose of presentation in the consolidated statements of cash flows, cash and cash equivalents includes cash on hand, cash at bank and deposits held at licensed payment platforms with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. 2.13. Share capital Ordinary shares are classified as equity. Incremental costs directly attributable to the issuance of new shares are shown in equity as a deduction, net of tax, from the proceeds. 2.14. Trade and other payables Trade and other payables represent liabilities for goods and services provided to the Group prior to the end of the financial year which are unpaid. These amounts are presented as current liabilities unless payment is not due within 12 months after the reporting period. They are recognized initially at their fair value and subsequently measured at amortized cost using the effective interest method. 2.15. Borrowings Borrowings are initially recognized at fair value, net of transaction costs incurred. Borrowings are subsequently measured at amortized cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognized in profit or loss over the period of the borrowings using the effective interest method. Fees paid on the establishment of loan facilities are recognized as transaction costs of the loan to the extent that it is probable that some or all of the facility will be drawn down. In this case, the fee is deferred until the draw-down occurs. To the extent there is no evidence that it is probable that some or all of the facility will be drawn down, the fee is capitalized as a prepayment for liquidity services and amortized over the period of the facility to which it relates. Borrowings are removed from the consolidated statement of financial position when the obligation specified in the contract is discharged, canceled or expired. The difference between the carrying amount of a financial liability that has been extinguished or transferred to another party and the consideration paid, including any non-cash assets transferred or liabilities assumed, is recognized in profit or loss as other income or finance costs. Borrowings are classified as current liabilities unless the Group has an unconditional right to defer settlement of the liability for at least 12 months after the reporting period. 2.16. Borrowing costs General and specific borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying asset are capitalized during the period of time that is required to complete and prepare the asset for its intended use or sale. Qualifying assets are assets that necessarily take a substantial period of time to get ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings, pending their expenditure on qualifying assets, is deducted from the borrowing costs eligible for capitalization. Other borrowing costs are expensed in the period in which they are incurred. 2.17. Convertible bonds The Group’s convertible bonds are classified as financial liabilities and initially recognized at fair value, which includes any transaction costs directly attributable to the convertible bonds. Subsequently, convertible bonds are measured at amortized costs using the effective interest method unless the Group elects to measure the convertible bonds at fair value. Conversion features of convertible bonds that meets the definition of a derivative are separated from the host debt instrument and accounted for as a derivative where any subsequent changes in fair value are recognized in profit or loss. 2.18. Current and deferred income tax The income tax expense or credit for the period is the tax payable on the current period’s taxable income based on the applicable income tax rate for each jurisdiction adjusted by changes in deferred tax assets and liabilities attributable to temporary differences and to unused tax losses. Current and deferred tax is recognized in profit or loss, except to the extent that it relates to items recognized in other comprehensive income or directly in equity. In this case, the tax is also recognized in other comprehensive income or directly in equity, respectively. (a) Current income tax The current income tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the end of the reporting period in the countries where the Group operate and generate taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities. (b) Deferred income tax Deferred income tax is provided in full, using the liability method, on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements. However, deferred income tax is not accounted for if it arises from initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting nor taxable profit or loss and does not give rise to equal taxable and deductible temporary differences. Deferred income tax is determined using tax rates (and laws) that have been enacted or substantively enacted by the end of the reporting period and are expected to apply when the related deferred income tax asset is realized or the deferred income tax liability is settled. Deferred tax assets are recognized only to the extent that it is probable that future taxable profit will be available against which the temporary differences and losses can be utilized. (c) Offsetting Deferred tax assets and liabilities are offset where there is a legally enforceable right to offset current income tax assets and liabilities and when the deferred tax balances relate to the same taxation authority. Current tax assets and tax liabilities are offset where the entity has a legally enforceable right to offset and intends either to settle on a net basis, or to realize the asset and settle the liability simultaneously. (d) Uncertain tax positions In determining the amount of current and deferred income tax, the Group takes into account the impact of uncertain tax positions and whether additional taxes, interest or penalties may be due. This assessment relies on estimates and assumptions and may involve a series of judgments about future events. New information may become available that causes the Group to change its judgment regarding the adequacy of existing tax liabilities. Such changes to tax liabilities will impact tax expense in the period that such a determination is made. 2.19. Employee benefits (a) Short-term obligations Liabilities for wages and salaries, including non-monetary (b) Post-employment obligations The Group participated a defined contribution plan in which the Group pays fixed contributions to publicly administered pension insurance plans on a mandatory basis. The Group has no further payment obligations once the contributions have been paid. The contributions are recognized as employee benefit expenses when they are due. (c) Housing funds, medical insurances and other social insurances Employees of the Group in the PRC are entitled to participate in various government-supervised housing funds, medical insurance and other social insurance plan. The Group contributes on a monthly basis to these funds based on certain percentages of the salaries of the employees, subject to certain ceiling. The Group’s liability in respect of these funds is limited to the contributions payable during each year. Contributions to the housing funds, medical insurance and other social insurance are expensed when they are due. (d) Bonus plan The expected cost of bonuses is recognized as a liability when the Group has a present legal or constructive obligation for payment of bonus as a result of services rendered by employees and a reliable estimate of the obligation can be made. Liabilities for bonus plans are expected to be settled within 1 year and are measured at the amounts expected to be paid when they are settled. 2.20. Revenue recognition and other income Revenue is measured at the fair value of the consideration received or receivable for the sales of goods or services in the ordinary course of the Group’s activities. When another party is involved in providing goods or services to a customer, the Group determines whether the nature of its promise is a performance obligation to provide the specified goods or services itself (i.e., the Group is a principal) or to arrange for those goods or services to be provided by the other party (i.e., the Group is an agent). The Group is a principal if it controls the specified goods or services before those goods or services are transferred to a customer. The Group is an agent if its performance obligation is to arrange for the provision of the specified goods or services by another party. In this case, the Group does not control the specified goods or services provided by another party before those goods or services are transferred to the customer. When the Group acts as an agent, it recognizes revenue in the amount of any fee or commission to which it expects to be entitled in exchange for arranging for the specified goods or services to be provided by the other party. Revenue is recognized when or as the control of the goods or services is transferred to a customer. Depending on the terms of the contract and the laws that apply to the contract, control of the goods and services may be transferred over time or at a point in time. Control of the goods and services is transferred over time if the Group’s performance: a. provides all of the benefits received and consumed simultaneously by the customer; b. creates and enhances an asset that the customer controls as the Group performs; or c. does not create an asset with an alternative use to the Group and the Group has an enforceable right to payment for performance completed to date. If control of the goods or services transfers over time, revenue is recognized over the period of the contract by reference to the progress towards complete satisfaction of that performance obligation. Otherwise, revenue is recognized at a point in time when the customer obtains control of the goods and services. 2.20.1. The accounting policy for the Group’s principal revenue sources Charging services Energy solutions New initiatives 2.20.2. Contract balances When either party to a contract has performed, the Group presents the contract in the statement of financial position as a contract asset or a contract liability, depending on the relationship between the entity’s performance and the customer’s payment. A contract asset is the Group’s right to consideration in exchange for goods and services that the Group has transferred to a customer. A receivable is recorded when the Group has an unconditional right to consideration. A right to consideration is unconditional if only the passage of time is required before payment of that consideration is due. If a customer pays consideration or the Group has a right to an amount of consideration that is unconditional, before the Group transfers a good or service to the customer, the Group presents a contract liability when the payment is made or a receivable is recorded (whichever is earlier). A contract liability is the Group’s obligation to transfer goods or services to a customer for which the Group has received consideration (or an amount of consideration is due) from the customer. The contract liabilities balance mainly includes balances of advances received from customers for Charging services discount packages and advances received from customer to purchase energy solutions. The balances of contract liability as of December 31, 2022 and 2023 were RMB33.5 million and RM B 2.20.3. Incentives The Group offers discounts and promotions to end-users to encourage the use of our mobility and connectivity services. The Group records such incentives to end-users end-users If consideration payable to a customer is a payment for a distinct good or service from the customer, the Group accounts for the purchase of the good or service in the same way that it accounts for other purchases from suppliers. If the Group cannot reasonably estimate the fair value of the good or service received from the customer, the Group will account for all of the consideration payable to the customer as a reduction of the transaction price. 2.20.4. Government grant Government Grants that compensate the Group for expenses incurred are recognized as income in profit or loss on a systematic basis in the same periods in which the expenses are incurred. Grants that compensate the Group for the cost of an asset are deducted from the carrying amount of the asset and consequently are effectively recognized in profit or loss over the useful life of the asset by way of reduced depreciation expense. 2.21. Cost of revenues Cost of revenues mainly consists of electricity costs, direct labor costs, depreciation of right-of-use 2.22. Selling and marketing expenses Selling and marketing expenses mainly consist of expenses of certain discounts and promotions to end-users, end-users 2.23. Administrative expenses Administrative expenses mainly consist of salaries and benefits for management and administrative personnel, rental and related expenses, professional fees and other general corporate expenses. 2.24. Research and development expenses Research and development expenses mainly consist of salaries and benefits as well as related expenses of research and development team. All research and development costs are expensed as incurred. All costs relating to improvements and maintenance of the platform were recorded as cost of revenues. 2.25. Loss per share (a) Basic loss per share Basic loss per share is calculated by dividing: • net loss attributable to equity holders of the Company, excluding any costs of servicing equity other than ordinary shares • by the weighted average number of ordinary shares outstanding during the financial year, adjusted for bonus elements in ordinary shares issued during the year and excluding treasury shares. (b) Diluted loss per share Diluted loss per share adjusts the figures used in the determination of basic loss per share to take into account: • the after-income tax effect of interest and other financing costs associated with dilutive potential ordinary shares; and • the weighted average number of additional ordinary shares that would have been outstanding assuming the conversion of all dilutive potential ordinary shares. 2.26. Leases The Group, as a lessee, leases office buildings and charging stations. Lease contracts are typically made for fixed periods of three months to five years. Lease is recognized as a right-of-use Contracts may contain both lease and non-lease non-lease Assets and liabilities arising from a lease are initially measured on a present value basis. Lease liabilities include the net present value of the following lease payments: • fixed payments (including in-substance • variable lease payments that are based on a rate, initially measured using the rate as at the commencement date; • amounts expected to be payable by the Group under residual value guarantees; • the exercise price of a purchase option if the Group is reasonably certain to exercise that option; and • payments of penalties for terminating the lease, if the lease term reflects the Group exercising that option. Lease The lease payments are discounted using the interest rate implicit in the lease. The Group uses the incremental borrowing rate, for the implicit rate cannot be readily determined, which is the rate that the Group would have to pay to borrow the funds necessary to obtain an asset of similar value to the right-of-use Lease payments are allocated between principal and finance cost. The finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. Right-of-use following: • the amount of the initial measurement of lease liabilities; • any lease payments made at or before the commencement date less any lease incentives received; • any initial direct costs; and • restoration costs. Right-of-use right-of-use The Group applies the short-term lease recognition exemption to its short-term leases of equipment and office buildings and charging stations low-value 2.27. Impairment of long-lived assets Internal and external sources of information are reviewed at the end of each reporting period, or whenever events or changes in circumstances indicate that

Financial risk management and c

Financial risk management and concentration risk	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Financial risk management and concentration risk	3. Financial risk management and concentration risk 3.1. Financial risk factors The Group’s activities expose it to certain financial risks, such as, market risk, liquidity risk, credit risk, and concentration risks related to suppliers and customers. The Group’s overall risk management program focuses on the unpredictability of financial markets and seeks to minimize potential adverse effects on the Group’s financial performance. Risk management is carried out by the senior management of the Group. (a) Market risk (i) Foreign exchange risk Foreign exchange risk primarily arises from future commercial transactions and recognized assets and liabilities denominated in a currency other than the functional currency of the relevant group entities. The Group manages its foreign exchange risk by performing regular reviews of the Group’s net foreign exchange exposures and tries to minimize non-functional The Group operates mainly in the PRC with most of the transactions settled in RMB. Management considers that the business is not exposed to significant foreign exchange risk as there are no significant assets or liabilities of the Group denominated in the currencies other than the respective functional currencies of the Group’s entities. (ii) Interest rate risk The As at December 31, 2023, the Group’s bank borrowings amounting to RMB754.8 million (2022: RMB503.2 million) were at variable interest rates. As at December 31, 2023, if the interest rates on the Group’s borrowings had been 100 basis points higher/lower with all other variables held constant, loss before income tax would have been RMB6.6 million higher/lower (2022: RMB2.0 million), as a result of higher/lower interest expense. (iii) Equity price risk The Group’s listed equity investments are susceptible to market price risk arising from uncertainties about future values of the investment securities. As at December 31, 2023, the Group’s exposure to a listed equity investment at FVTOCI was RMB105.0 million (2022: RMB129.1 million), the change is due to the fair value changes. If the stock price of the listed company increase/decrease 10%, other comprehensive loss and total comprehensive loss would have decreased/increased (b) Liquidity risk The Group intends to maintain sufficient cash and cash equivalents. Due to the dynamic nature of the underlying business, the policy of the Group is to regularly monitor the Group’s liquidity risk and to maintain adequate liquid assets such as cash and cash equivalents, or to retain adequate financing arrangements to meet the Group’s liquidity requirements. The Group expects that its existing cash and cash equivalents will be sufficient to fund its operations and meet all of its obligations as they fall due for at least twelve months from the date of issuance of financial statements. The Group raised funding through the issuance of convertible bonds on July 6 and September 5, 2023, with a total cash proceeds of ), and through bank borrowings, where the amount of unutilized borrowing facilities was RMB12.5 million as of December 31, 2023 (2022: RMB114.9 million). The table below analyzes the Group’s non-derivative Less than Between 1 Between 2 Total Carrying RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 At December 31, 2022 Trade payables 49,239 —  —  49,239 49,239 Financial liabilities including in other payables and accruals 21,282 —  —  21,282 21,282 Bank borrowings 39,440 21,350 495,235 556,025 503,155 Lease liabilities 7,522 5,751 4,004 17,277 16,180 117,483 27,101 499,239 643,823 589,856 At December 31, 2023 Trade payables 152,066 —  —  152,066 152,066 Financial liabilities including in other payables and accruals 119,962 —  —  119,962 119,962 Revenue-based financing 21,628 —  —  21,628 21,628 Bank borrowings 106,211 707,565 —  813,776 754,774 Lease liabilities 7,709 5,081 2,271 15,061 14,090 Convertible bonds 71,535 —  —  71,535 89,950 479,111 712,646 2,271 1,194,028 1,152,470 (c) Credit risk Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in a financial loss to the Group. The Group’s credit risk arises from cash and cash equivalents, trade receivables, other receivables, contract assets and other financial assets. The carrying amount of each class of the above assets represents the Group’s maximum exposure to credit risk in relation to the corresponding class of financial assets. Credit risk is managed on group basis. Finance team in conjunction with business team are responsible for managing and analyzing the credit risk for each of their new clients before standard payment and delivery terms and conditions are offered. The Group assesses the credit quality of its customers and other debtors by considering various factors including their financial position, past experience and other factors. Cash and cash equivalents are mainly placed with state-owned financial institutions in the PRC. There has been no recent history of default in relation to these financial institutions. For trade receivables and contract assets, an impairment analysis is performed at each financial position date using a provision matrix to measure expected credit losses under the simplified approach. The provision rates are based on aging for groupings of various customer segments with similar loss patterns. The calculation reflects the probability-weighted outcome and reasonable and supportable information that is available at the financial position date about past events, current conditions and forecasts of future economic conditions. Information based on the provision matrix is disclosed in Note 7 and Note 8 Write-off The allowance account in respect of trade and other receivables is used to record impairment losses unless the Group is satisfied that no recovery of the amount owing is possible. At that point, the impaired financial asset is considered irrecoverable and the amount charged to the allowance account is written off against the carrying amount of the impaired financial asset. The gross carrying amount of a financial asset or contract asset is written off to the extent that there is no realistic prospect of recovery. This is generally the case when the group determines that the debtor does not have assets or sources of income that could generate sufficient cash flows to repay the amounts subject to the write-off. Subsequent recoveries of an asset that was previously written off are recognized as a reversal of impairment in profit or loss in the period in which the recovery occurs. (d) Supplier concentration risk After the completion of transfer of Kuaidian platform, the related user data and charging station/pile data from the Company to Anji Datacom to address the cybersecurity risk with the promulgation of Cybersecurity Review Measures in 2022 on March 31, 2023. The Company entered into business cooperation agreement with Anji Datacom to receive IT data management services, including the collection, storage, processing and use of the data collected through the Kuaidian platform as well as transaction reconciliation and information verification services in relation to the delivery of charging services for an initial term of five years until March 30, 2027. The contract will be renewed for one year after the initial 5 years if both parties reach an agreement. For the IT data management services, an agreed annual fee is expected to be charged by Anji Datacom for the following five years, subject to an adjustment mechanism. Purchases of services from Anji Datacom accounted for 33% and 9 of cost of sales for the years ended December 31, 2022 and 2023, respectively. A significant interruption by Anji Datacom in the delivery of IT data management services could impair the Company’s ability to deliver charging services and could materially adversely impact its consolidated statements of profit or loss and other comprehensive loss and consolidated statements of financial position. (e) Customer concentration risk During the year ended December 31, 2023, besides two customers which have accounted for 23% and 17%, respectively, of the Group’s total revenue there were no other customers have individually accounted for more than 10% of the Group’s total revenue for the year. No customers have individually accounted for more than 10% of the Group’s total revenue in each of the years ended December 31, 2022 and 2021. 3.2. Capital management The Group’s objectives when managing capital are to safeguard the Group’s ability to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders and to maintain an optimal capital structure to enhance shareholders’ value in the long-term. The Group monitors capital (including share capital, additional paid in capital and other reserves) by regularly reviewing the capital structure. As part of this review, the Group may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt. The Group’s capital management ensures the Group meets financial covenants attached to the interest-bearing bank borrowings that define capital structure requirements. Breaches in meeting the financial covenants would permit the bank to immediately call loans. There have been no breaches of the financial covenants of any interest-bearing bank borrowings in the current period. The Group monitors capital using gearing ratio. The following section sets out an analysis of gearing ratio, being total liabilities minus convertible bonds madantorily convertible to the Company’s equity, divided by total assets, for each of the year presented. As of December 31, 2022 2023 RMB’000 RMB’000 Total interest-bearing bank borrowings 503,155 754,774 Less: Cash and cash equivalents 513,351 436,242 Non-IFRS net debt (10,196 ) 318,532 Total equity 438,874 (43,605 ) Add: Convertible bonds mandatorily convertible to the Company’s equity —  112,615 Non-IFRS adjusted total equity 438,874 69,010 Total liabilities 667,061 1,508,704 Less: Convertible bonds mandatorily convertible to the Company’s equity —  112,615 Non-IFRS adjusted total liabilities 667,061 1,396,089 Total assets 1,105,935 1,465,099 Non-IFRS total liabilities to total assets ratio 0.60 0.95 3.3. Fair value estimation The table below analyzes the Group’s financial instruments carried at fair value as of each statement of financial position date, by level of the inputs to valuation techniques used to measure fair value. Such inputs are categorized into three levels within a fair value hierarchy as follows: (1) Quoted prices (unadjusted) in active markets for identical assets or liabilities (level 1) (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 2), and (3) Inputs for the asset or liability that are not based on observable market data (that is, unobservable inputs) (level 3) The following table presents the Group’s financial instruments that are measured at fair value at December 31, 2022 and 2023: Level 1 Level 2 Level 3 Total RMB’000 RMB’000 RMB’000 RMB’000 At December 31, 2022 Assets: Financial assets at fair value through profit or loss —  —  11,753 11,753 Financial assets at fair value through other comprehensive income 129,060 —  —  129,060 At December 31, 2023 Assets: Financial assets at fair value through profit or loss —  —  104,952 104,952 Financial assets at fair value through other comprehensive income 104,970 —  —  104,970 Liabilities: Convertible bonds —  —  272,684 272,684 During the year ended December 31, 2023, the Group recognized unrealized loss from financial instruments of RMB101.4 million. (a) Financial instruments in Level 3 If one or more of the significant inputs is not based on observable market data, the instrument is included in level 3. Specific valuation techniques used to value financial instruments include: • The use of quoted market prices or investor quotes for similar instruments; • The discounted cash flow model and unobservable inputs mainly including assumptions of expected future cash flows and discount rate; • The latest round of financing, i.e. the prior transaction price or the third-party pricing information, and; • A combination of observable and unobservable inputs, including risk-free rate, expected volatility, discount rate for lack of marketability, market multiples, etc. Level 3 instruments of the Group’s assets includes long-term investments measured at FVTPL (Note 14), instruments to purchase the Company’s share (Note 14(ii)) and convertible bonds (Note 20). As the instruments are not traded in active markets, their fair values have been determined by using an applicable valuation technique, such as market approach, the Monte Carlo simulation model and binomial tree model, respectively. Details of movements in the level 3 financial instruments are set out in Note 14 and Note 20 The following table summarizes the quantitative information about the significant unobservable inputs used in recurring level 3 fair value measurements. Fair values as of Change of inputs at 2022 2023 Description RMB’000 RMB’000 Unobservable 2022 2023 Relationship of Investments in unlisted company 6,753 7,895 Expected volatility 52 % 26 % The higher the expected Discount for lack 20 % 3 % The higher the DLOM, Investments in unlisted company 5,000 10,114 Expected volatility 65 % 67 % The higher the expected Discount for lack 27 % 25 % The higher the DLOM, Convertible bonds —  272,684 Expected volatility NA Note 20 The higher the expected Prepaid shares repurchase instrument —  70,119 Expected volatility NA Note 14 The higher the expected volatility, the lower the fair value The carrying amounts of the Group’s financial assets not carried at fair values, including cash and cash equivalents, trade receivables, other receivables and other financial assets, and the Group’s financial liabilities not carried at fair values, including trade payables, other payables and accruals, approximate their fair values due to their short maturities or the interest rates being close to the market interest rates. During the year ended December 31, 2023 , the Group acquired RMB 3.2 million of level 3 financial instruments through a business combination and RMB 177.1 million of instruments to purchase the Company’s shares, and issued convertible bonds of RMB 495.8 million, of which R M B 255.0 million of the principal amount had been converted into share capitals in 2023, and RMB 14.3 million from purchasing investments measured at FVTPL. The Group recorded fair value changes of RMB 204.0 million (2022 : RMB 1.8 million) from remeasurement of financial instruments at FVTPL. There were no other significant additions or disposals of level 3 financial instruments during the period.

Significant accounting judgment

Significant accounting judgments, estimates and assumptions	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Significant accounting judgments, estimates and assumptions	4. Significant accounting judgments, estimates and assumptions The preparation of financial statements requires the use of accounting estimates which will seldom equal the actual results. Management needs to exercise judgment in applying the Group’s accounting policies. Estimates and judgments are continually evaluated. They are based on historical experience and other factors, including expectations of future events that may have a financial impact on the Group and that are believed to be reasonable under the circumstances. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below. (a) Revenue recognition The Group has determined that each membership benefit provided over the membership period is a material right that would need to be accounted for as a performance obligation. Refer to Note 2.20 for details. Determining the transaction price allocated to each performance obligation based on its standalone selling price requires judgment and consideration of all relevant facts and circumstance. In the evaluation of standalone selling price, the Group considers the applicable market conditions and relevant Group-specific factors, including factors that were contemplated in membership agreement with the customer and the estimated costs for specified number of cash coupons and incremental discounts. The Group determined that it is appropriate based on its specific facts and circumstances to record net losses generated from its mobility and connectivity EV charging orders with net negative revenues in selling and marketing expenses on a transaction by transaction basis. The Group considered the substance of negative revenue arising from incentives to end-users end-users, million (US$31.6 million), RMB140.8 for the years ended December 31, 2023, 2022 and 2021, respectively. Determining whether the Group is acting as a principal or as an agent when a third-party is involved in the provision of certain services to its customers requires judgment and consideration of all relevant facts and circumstances. In evaluation of the Group’s role as a principal or agent, the Group considers factors to determine whether the Group controls the specified goods or service before it is transferred to the customer including, but not limited to the following: whether the Group (a) is primarily responsible for fulfilling the contract, (b) is subject to inventory risk, and (c) has discretion in establishing prices. Refer to Note 2.20 for details. (b) Share-based payments Estimating fair value for share-based payment transactions requires determination of the most appropriate valuation model, which depends on the terms and conditions of the grant. This estimate also requires determination of the most appropriate inputs to the valuation model including the expected life of the share option or appreciation right, volatility and dividend yield and making assumptions about them. For the measurement of the fair value of equity-settled transactions at the grant date, the Group uses binomial model and Monte-Carlo simulation model for the valuation. The assumptions and models used for estimating fair value for share-based payment transactions are disclosed in Note 29. (c) Estimation of recoverability of uncollected input VAT receipts The Group determines the recoverability of uncollected input VAT receipts (which is recorded in other receivables) by considering the historic collection experience of input VAT receipts from the operators and other factors that may affect the operators’ capability to issue input VAT receipts. The Group recognizes provision of uncollected input VAT amount as cost of revenue, in cases such as there is indication of the operator to terminate cooperation or lose capability to issue input VAT receipts. (d) Estimation of IFRIC 23 provisions Where the amount of tax payable or recoverable is uncertain, whether due to the relevant tax authority challenge or due to uncertainty regarding the acceptability of a particular tax treatment under the tax laws, judgment is required to assess the probability that the uncertain tax treatment will be accepted by the tax authority. In accordance with IFRIC 23, if it is not probable that the uncertain tax treatment will be accepted by the tax authority, the Group shall reflect the effects of uncertainty in determining the related taxable profit. Uncertain tax provisions include any related penalties, if applicable under the tax laws. (e) Business contracts with Anji Datacom In February 2022, Kuaidian Beijing Power, one of the Group’s wholly owned subsidiary, entered into an asset transfer agreement with Zhejiang Anjijiayu Big Data Technology Service Co., Ltd. (“Anji Datacom”), an independence third party, whereby Kuaidian Power Beijing agreed to sell certain assets to Anji Datacom. These assets include platform mobile application and mini-program (“Kuaidian Platform”) which connect EV users with charging station operators and chargers, user account and information and historical transaction data, IT systems, and IT workforce. The transfer was completed on March 31, 2022. On March 31, 2022, Anji Zhidian, a wholly owned subsidiary, entered into a series of contracts (“Business Cooperative Agreements”) with Anji Datacom, through which, Zhejiang Zhidian continues to connect operators to the platform via the data management and platform hosting service provided by Anji Datacom, Anji Datacom is responsible for provision of data management and technical services to Anji Zhidian in exchange for a service. The asset transfer constituted a business because the transaction included inputs (Kuaidian Platform, user data and etc.) and processes (the established IT processes). The asset transfer resulted in a net gain of RMB0.9 million. The asset transfer transaction did not constitute a discontinued operation in accordance with IFRS 5, Non-current-assets held-for-sale The Group does not control Anji Datacom under IFRS 10, Consolidated financial statement as it does not have power over Anji Datacom and does not obtain or generate variable returns by involving in relevant activities in Anji Datacom. The Group does not have existing rights, including voting rights, rights to appoint or remove shareholders or officers, veto or other substantive rights, over Anji Datacom. Anji Datacom’s third-party shareholder has substantive voting rights and its shareholder and management make their own independence decisions, including but not limited to approving budgets, and appointing and renumerating its management and employees. Further, Anji Datacom is not a structured entity as it is not restricted to carry out its relevant activities, and it has substantive voting rights and decision-making rights as principal of its relevant activities. Determining whether the Group has control over Anji Datacom requires judgment and consideration of all relevant contractual arrangements, existing rights, business substance and facts and circumstances specific to Anji Datacom. In assessing control over Anji Datacom, the Group first obtains an understanding of the purpose and design of Anji Datacom, it then determines whether it has power to direct Anji Datacom’s relevant activities, is exposed to variable returns from its involvement with Anji Datacom, and has the ability to use its power to affect Anji Datacom’s returns from its involvement with Anji Datacom. (f) Measurement of ECL for trade receivables and other receivables A number of significant judgments are required in applying the accounting requirements for measuring ECL, such as: • Determining the segmentation of debtor groups, • Selecting appropriate models and assumptions for the measurement of ECL, and • Establishing the relative probability weightings of forward-looking factors. Impairment assessment under ECL for trade receivables and other receivables The Group uses a provision matrix to calculate ECL for trade receivables and other receivables. The provision rates are based on aging for groupings of various customer segments with similar loss patterns. The calculation reflects the probability-weighted outcome and reasonable and supportable information that is available at the financial position date about past events, current conditions and forecasts of future economic conditions. At every financial position date, the historical observed default rates are reassessed and changes in the forward-looking information are considered. In addition, trade receivables with significant balances and credit impairment are assessed for ECL individually. The provision of ECL is sensitive to changes in estimates. The information about the ECL is disclosed in Note 7. (i) Forward-looking information In measuring ECL in accordance with IFRS 9, it should consider forward-looking information. The calculation of ECL incorporates forward-looking information through the use of publicly available economic data and forecasts based on assumptions and management judgments to reflect the forward-looking factors and through the use of probability weighted outcomes. (g) Measurement of fair value of convertible bonds Estimating fair value for share-based payment transactions requires determination of the most appropriate valuation model, which depends on the terms and conditions of the arrangement. This estimate also requires determination of the most appropriate inputs to the valuation model including stock price, volatility and dividend yield and making assumptions about them. For the measurement of the fair value of convertible bonds at the issue date, the Group uses binomial model for the valuation. The assumptions and models used for estimating fair value for convertible bonds are disclosed in Note 20.

Business combination

Business combination	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about business combination [abstract]
Business combination	5. Business combination On June 20, 2023, the Group acquired a 89.999% interest in Sinopower. Sinopower is engaged in the rooftop solar energy in Hong Kong. The acquisition was made as part of the Group’s strategy to expand its capabilities in renewable energy solutions and EV charging globally. The purchase consideration for the acquisition of Acquisition-related costs amounting to RMB2.0 million have been excluded from the consideration transferred and have been recognized as an expense in the current year, within the “administrative expenses” line item in the consolidated statements of profit or loss and other comprehensive loss. The allocation of fair value to the identifiable assets and liabilities of Sinopower as at the date of acquisition is as follows: Fair value Total cash consideration 43,567 Recognized amounts of identifiable assets acquired and liabilities assumed Cash and cash equivalents 9,519 Inventories, trade receivables and other current assets 34,455 Intangible assets 11,451 Other non-current 5,261 Total assets acquired 60,686 Interest-bearing bank borrowings (15,343 ) Trade payables, lease liabilities and other payables (41,215 ) Deferred tax liabilities (1,691 ) Total liabilities assumed (58,249 ) Net assets acquired 2,437 Non-controlling 608 Goodwill on acquisition 40,522 An analysis of the cash flows in respect of the acquisition of Sinopower is as follows: RMB’000 Total cash consideration (43,567 ) Cash and cash equivalents 9,519 Net cash paid for acquisition of a subsidiary included in cash flows from investing activities (34,048 ) Goodwill is attributable to assembled workforce and expected operating and financial synergies from the business combination. The carrying values of trade receivables and trade payables on date of acquisition approximate their fair values. Intangible assets included RMB11.5 million of customer contracts intangible assets, which have an estimated useful life of five years. Since the acquisition, Sinopower contributed RMB86.1 million to the Group’s revenue and RMB2.7 million to the consolidated loss Sinopower contributed RMB90.9 million to the Group’s revenue and RMB15.8 million to the consolidated loss for the year ended December 31, 2023, as though the acquisition date had been as of the beginning of the annual reporting period.

Cash and cash equivalents

Cash and cash equivalents	12 Months Ended
	Dec. 31, 2023
Cash and cash equivalents [abstract]
Cash and cash equivalents	6. Cash and cash equivalents As of December 31, 2022 2023 RMB’000 RMB’000 Cash at bank 512,453 432,892 Deposits held at licensed payment platforms 898 3,350 Total 513,351 436,242 As at December 31, 2023, cash and cash equivalents situated in Chinese Mainland amounted to RMB400.1 million (2022: RMB503.9 million). Remittance of funds out of Chinese Mainland is subject to relevant rules and regulations of foreign exchange control. As at December 31, 2023, RMB16.9 million of cash at bank was held in accounts where the usage is restricted to certain business purposes (2022:RMB nil).

Trade receivables

Trade receivables	12 Months Ended
	Dec. 31, 2023
Trade and other receivables [abstract]
Trade receivables	7. Trade receivables As of December 31, 2022 2023 RMB’000 RMB’000 Trade receivables 152,256 133,657 Provision on impairment (22,252 ) (60,513 ) Total 130,004 73,144 The following is an aging analysis of trade receivables presented based on the invoice date at the end of each reporting period, which approximated the respective revenue recognition dates. As of December 31, 2022 2023 RMB’000 RMB’000 0 – 90 days 124,736 29,865 91 – 180 days 1,029 17,331 181 – 365 days 10,480 26,216 1 – 2 years 14,852 52,100 2 – 3 years 1,159 7,843 Over 3 years —  302 Total 152,256 133,657 The Group uses a provision matrix to calculate ECL for trade receivables that result from transactions within the scope of IFRS 15. The provision rate are based on debtor’s aging as groupings for various debtors that have similar loss patterns. The provision matrix is based on the Group’s historical default rates taking into consideration forward-looking information that is reasonable, supportable and available without undue costs and effort. The allowance for expected credit loss , million and RMB2.5 million, respectively, during the years ended December 31, 2023, 2022 and 2021. The movement in the expected credit loss allowance for trade receivables during the years indicated are as follows: As of December 31, 2022 2023 RMB’000 RMB’000 Beginning of the year 2,470 22,252 Arising from business combination —  105 Provision for expected credit loss, net 19,782 38,156 End of the year 22,252 60,513 The ECL as of December 31, 2022 and 2023 was determined as follows: Within 1 1-2 2-3 Over 3 As of December 31, 2022: Expected credit loss rate 6.4 % 11.9 % 84.0 % —  Gross carrying amount (RMB’000) 133,353 5,903 272 —  Allowance of expected credit loss (RMB’000) 8,595 701 228 —  As of December 31, 2023: Expected credit loss rate 9.6 % 20.8 % 55.3 % — Gross carrying amount (RMB’000) 71,938 9,994 371 —  Allowance of expected credit loss (RMB’000) 6,879 2,076 205 —  Other than above allowance of expected credit loss calculated by provision matrix, as of December 31, 2023 and 2022, impairment allowances was fully made for specific trade receivables with gross amount of RMB51.4 million (2022: RMB12.7 million) and RMB51.4 million (2022: RMB0.6 million) which were considered to be in default due to conditions which indicated that the Group was unlikely to receive the outstanding contractual amounts.

Contract assets

Contract assets	12 Months Ended
	Dec. 31, 2023
Contract Assets Performance [Abstract]
Contract assets	8. Contract assets As of December 31, 2022 2023 RMB’000 RMB’000 Arising from performance under construction contracts —  88,637 Provision on impairment —  (10,953 ) Total —  77,684 The Group has considered historical default rates taking into consideration of forward The ECL as of December 31, 2023 was determined as follows: Within 1 1-2 2-3 Over 3 As of December 31, 2023: Expected credit loss rate 9.6 % —  —  —  Gross carrying amount (RMB’000) 85,902 —  —  —  Allowance of expected credit loss (RMB’000) 8,218 —   —   —   Other than above allowance of expected credit loss calculated by provision matrix, as of December 31, 2023, impairment allowance was fully made for specific contract assets with gross amount of RMB2.7 million which were considered to be in default due to conditions which indicated that the Group was unlikely to receive the outstanding contractual amounts.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2023
Disclosure Of Inventories [Abstract]
Inventories	9. Inventories As of December 31, 2022 2023 RMB’000 RMB’000 Work in progress —  4,798 Finished goods —  17,660 Total —   22,458

Prepayments, other receivables

Prepayments, other receivables and other assets	12 Months Ended
	Dec. 31, 2023
Prepayments and accrued income other than contract assets [abstract]
Prepayments, other receivables and other assets	10. Prepayments, other receivables and other assets The detail information of prepayments, other receivables and other assets for the years ended December 31, 2022 and 2023 is as below: As of December 31, 2022 2023 RMB’000 RMB’000 Prepayments to charging stations 220,510 110,766 Prepayments for chargers procurement 35,519 55,983 Prepayment for rental, facility and utilities 3,166 57,681 Miscellaneous prepayments 1,583 7,136 Value-added tax deductible 2,628 59,011 Amount due from related parties (Note 33) —   27,703 Others 24,029 118,097 Total 287,435 436,377 The credit quality of the financial assets included in prepayments, other receivables and other assets is considered to be “normal” when they are not past due and there is no information indicating that the financial assets had a significant increase in credit risk since initial recognition. Otherwise, the credit quality of the financial assets is considered to be “doubtful”. Expected credit losses for other receivables are estimated by applying a loss rate approach with reference to the days past due for groupings of parties with similar loss patterns. The loss rate is adjusted to reflect the current conditions and forecasts of future economic conditions, as appropriate. For , 12-month During the years ended December 31 2021, 2022 and 2023, the Group made credit loss provision on other receivables of RMB million , million and RMB20.1 million, respectively, which are mainly related to doubtful other receivables.

Financial instruments by catego

Financial instruments by category	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Financial instruments by category	11. Financial instruments by category The detail information of financial instruments by category during the years ended December 31, 2022 and 2023 is as below: As of December 31, 2022 2023 RMB’000 RMB’000 Assets as per statement of financial position Financial assets measured at fair value: —Financial assets at fair value through profit or loss 11,753 104,952 —Financial assets at fair value through other comprehensive income 129,060 104,970 140,813 209,922 Financial assets measured at amortized costs: —Trade receivables 130,004 73,144 —Financial assets including in other receivables and deposits 24,028 137,801 —Other financial assets —  128,616 —Cash and cash equivalents 513,351 436,242 667,383 775,803 Total 808,196 985,725 As of December 31, 2022 2023 RMB’000 RMB’000 Liabilities as per statement of financial position Financial liabilities measured at fair value: — Convertible bonds —   272,684 Financial liabilities measured at amortized cost: — Interest-bearing bank borrowings 503,155 754,774 — Trade payables 49,239 152,066 — Financial liabilities including in other payables and accruals 21,282 119,962 — Revenue-based financing —   21,628 — Lease liabilities 16,180 14,090 589,856 1,062,520 Total 589,856 1,335,204 Notes: As of December 31, 2022 and 2023 the credit risk of cash and cash equivalents is at Stage 1 and the Group estimated that the expected credit loss for these balances were minimal. Trade payables are non-interest Other payables are non-interest

Intangible assets, net

Intangible assets, net	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about intangible assets [abstract]
Intangible assets, net	12. Intangible assets, net As of December 31, 2022 2023 RMB’000 RMB’000 Software 1,000 3,717 Customer contracts —  11,328 Total cost 1,000 15,045 Less: Accumulated amortization (167 ) (1,725 ) Intangible assets, net 833 13,320

Leases

Leases	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Leases	13. Leases The carrying amounts of right-of-use Office Charging Total RMB’000 RMB’000 RMB’000 Year ended December 31, 2022 Opening net book amount 13,790 5,976 19,766 Additions 3,154 4,109 7,263 Depreciation charge (4,386 ) (4,833 ) (9,219 ) Revision of a lease term arising from a change in the non-cancellable —  (780 ) (780 ) Closing net book amount 12,558 4,472 17,030 As of December 31, 2022 Cost 27,505 10,828 38,333 Accumulated depreciation (14,947 ) (6,356 ) (21,303 ) Net book value 12,558 4,472 17,030 Year ended December 31, 2023 Opening net book amount 12,558 4,472 17,030 Arising from business combination 5,018 —  5,018 Additions 3,725 791 4,516 Depreciation charge (5,532 ) (2,628 ) (8,160 ) Disposals (3,538 ) (840 ) (4,378 ) Revision of a lease term arising from a change in the non-cancellable —  —  —  Closing net book amount 12,231 1,795 14,026 As of December 31, 2023 Cost 34,921 10,779 45,700 Accumulated depreciation (22,690 ) (8,984 ) (31,674 ) Net book value 12,231 1,795 14,026 (a) Items recognized in the consolidated statements of financial position As of December 31, 2022 2023 RMB’000 RMB’000 Right-of-use Office buildings 12,558 12,231 Charging stations 4,472 1,795 Total 17,030 14,026 As of December 31, 2022 2023 RMB’000 RMB’000 Lease liabilities Current 6,853 7,154 Non-current 9,327 6,936 Total 16,180 14,090 (b) Items recognized in the consolidated statements of profit or loss and other comprehensive loss The consolidated statements of profit or loss and other comprehensive loss shows the following amounts relating to leases: As of December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Depreciation charge of right-of-use Office buildings 4,523 4,386 5,532 Charging stations 1,992 4,833 2,628 Interest expense (included in finance costs) 1,097 1,089 783 Expense relating to short-term leases not included in lease liabilities (included in cost of revenues, selling and marketing expenses, administrative expenses and research and development expenses) 3,837 9,739 16,732 Total 11,449 20,047 25,675 The total cash outflows in financing activities for leases during the years ended December 31, 2021, As of December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Principal elements of lease payments 1,881 6,834 7,231 Related interest paid 193 388 714 Total 2,074 7,222 7,945 The total cash outflows in operating activities for leases during the years ended December 31, 2021, 2022 and 2023 were RMB3.8 million, RMB9.7 million and RMB16.7 million, respectively. The weighted average incremental borrowing rate applied to the lease liabilities was 4.18% per annum during the year ended December 31, 2023 (2022 :6%). (c) Set out below are the carrying amounts of lease liabilities and the movements during the period: Office Charging Total RMB’000 RMB’000 RMB’000 Beginning at January 1, 2022 13,902 5,731 19,633 New leases 3,154 4,109 7,263 Accretion of interest recognized during the year 793 296 1,089 Payments (5,230 ) (5,778 ) (11,008 ) Revision of a lease term arising from a change in the non-cancellable —  (797 ) (797 ) Year ended December 31, 2022 12,619 3,561 16,180 Arising from business combination 5,289 —  5,289 New leases 3,725 791 4,516 Accretion of interest recognized during the year 678 105 783 Payments (6,049 ) (1,896 ) (7,945 ) Disposals (3,849 ) (884 ) (4,733 ) Year ended December 31, 2023 12,413 1,677 14,090 The maturity analysis of lease liabilities is disclosed in Note 3.1.

Financial assets at fair value

Financial assets at fair value through profit or loss	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Financial assets at fair value through profit or loss	14. Financial assets at fair value through profit or loss As of December 31, 2022 2023 RMB’000 RMB’000 Current assets Investment —  45 Prepaid shares repurchase instrument (note ii) —  70,119 Total —  70,164 Non-current Insurance and Financial management —  2,862 Investment (note i) 11,753 31,926 Total 11,753 34,788 (i) Investment The Group invested in equity of companies without significant influence, which is measured at fair value through profit or loss as the Group has not elected to recognize the fair value gain or loss through other comprehensive income. For the major assumptions used in the valuation for the investment, please refer to note 3.3. (ii) Prepaid shares repurchase instrument As of December 31, 2023, the Group’s financial assets measured at fair value through profit or loss included an amount of RMB70.1 million related to an instrument under which the Group has rights to purchase a fixed number of the Company’s American depository shares (“ADSs”), each representing ten ordinary shares of the Company, from LMR Multi Strategy Master Fund Limited (“LMR”). The Group also has the right to request settlement of the purchased ADSs in cash, which is computed based on the cash settlement price per ADS as specified in the agreement. The following table presents the movement of financial assets at FVTPL during the years. As of December 31, 2022 2023 RMB’000 RMB’000 At the beginning of the year 5,000 11,753 Additions 5,000 207,941 Fair value change 1,753 (87,519 ) Arising from business combination —  3,238 Disposal —  (30,461 ) At the end of the year 11,753 104,952 The fair value of the instrument was determined using the binomial option valuation model, with the assistance from a third-party appraiser. The following table lists the inputs to the model used for the valuation of the prepaid shares repurchase instrument for the year ended December 31, 2023: Model used Binomial Expected volatility (%) 70.36% - 75.03% Risk–free interest rate (%) 5.08% - 5.24% Bond Maturity 0.51 - 0.68 Weighted average share price US$1.52

Financial asset at fair value t

Financial asset at fair value through other comprehensive income	12 Months Ended
	Dec. 31, 2023
Disclosure of financial assets [abstract]
Financial asset at fair value through other comprehensive income	15. Financial assets at fair value through other comprehensive income As of December 31, 2022 2023 RMB’000 RMB’000 Investment (note i) 129,060 104,970 (i) Investment The Group invested in an investee company in the form of publicly traded ordinary shares without obtaining significant influence and such investment is managed on fair value. In 2023, the Group received cash dividend of RMB4.3 million from the investee company. As of December 31, 2022 2023 RMB’000 RMB’000 At the beginning of the year —  129,060 Additions 139,203 —  Fair value change (10,143 ) (24,090 ) At the end of the year 129,060 104,970

Property, plant and equipment

Property, plant and equipment	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about property, plant and equipment [abstract]
Property, plant and equipment	16. Property, plant and equipment Electronic RMB’000 At January 1, 2023 Cost 2,868 Accumulated depreciation (268 ) Net carrying amount 2,600 At January 1, 2023, net of accumulated depreciation 2,600 Additions 2,778 Arising from business combination 186 Depreciation provided during the year (1,186 ) At December 31, 2023, net of accumulated depreciation 4,378 At December 31, 2023 Cost 6,199 Accumulated depreciation (1,821 ) Net carrying amount 4,378

Interest-bearing bank borrowing

Interest-bearing bank borrowings	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about borrowings [abstract]
Interest-bearing bank borrowings	17. Interest-bearing bank borrowings As of December 31, 2022 2023 RMB’000 RMB’000 Current interest-bearing bank borrowings 38,000 72,953 Non-current 465,155 681,821 Total interest-bearing bank borrowings (Note 30(b)) 503,155 754,774 (i) Current interest-bearing bank borrowings As of December 31, 2022 and 2023, the current interest-bearing bank borrowings were repayable (ii) Non-current As of December 31, 2022 and 2023, the non-current interest s The total amount of new banking facility is RMB380.3 million in 2023. The loan is mostly repayable until June 30, 2025, partially repayable until July 1, 2024 and December 25, 2024, which was guaranteed by the parent, NewLink Group and its two subsidiaries.

Trade payables

Trade payables	12 Months Ended
	Dec. 31, 2023
Disclosure of trade and other payables [Abstract]
Trade payables	18. Trade payables As of December 31, 2022 2023 RMB’000 RMB’000 Payables for charging services 38,943 69,129 Payables for energy solutions 10,296 82,937 Total 49,239 152,066

Other payables and accruals

Other payables and accruals	12 Months Ended
	Dec. 31, 2023
Trade and other payables [abstract]
Other payables and accruals	19. Other payables and accruals As of December 31, 2022 2023 RMB’000 RMB’000 Contract liabilities (Note i) 33,543 101,053 Employee benefit payables 21,155 44,589 Accrued expenses 20,376 114,606 Other taxes payable 5,855 5,771 Revenue-based financing —  21,628 Others 906 5,356 Total 81,835 293,003 The Group obtained revenue-based financing from a third-party where the Group receives capital to fund the costs of full operation model charging stations in exchange for agreed portion of the Group’s daily revenue from the relevant stations for a fixed period. The Group is not obliged to repay any minimum or fixed amount of capital under such arrangements. (i) Details of contract liabilities are as follows: As of December 31, 2022 2023 RMB’000 RMB’000 Advances received from customer to purchase energy solutions 3,869 51,926 Advances received from customers for c 24,585 32,446 Advances from platform users 2,185 12,682 Deferred income 1,974 3,342 Others 930 657 Total 33,543 101,053 Advances received from customers for charging services discount packages mainly are receivable from VIP membership and coupon sales, customer advances. The increase of contract liabilities in 2023 was mainly due to customer advances collected form energy solutions sales and the increase of balance of unutilized VIP membership and coupons. Set out below is the amount of revenue recognized from: As of December 31, 2022 2023 RMB’000 RMB’000 Amount included in contract liabilities at the beginning of the year 5,365 33,543 The Group has elected the practical expedient of not to disclose the remaining performance obligations for its revenue contracts because the performance obligation is part of a contract that has an original expected duration of one year or less. Other taxes payable primarily represent value-added tax (“VAT”) and related surcharges, and PRC individual income tax of employees withheld by the Group. The deferred income is unconsumed carbon credits with a validity term of 6 months since granted.

Convertible bonds

Convertible bonds	12 Months Ended
	Dec. 31, 2023
Convertible Bonds [Abstract]
Convertible bonds	20. Convertible bonds On July 6, 2023, and September 5, 2023, the Company issued convertible bo nds and mandatorily convertible to the Company’s ADSs respectively. For any principal amount of convertible bonds outstanding, the Company would issue payment in kind note to the LMR at the end of each quarter where the amount of such note is calculated at 5% per annum with reference to the principal amount of convertible bonds outstanding during the relevant quarter. Such convertible bonds and payment in kind notes are convertible to the Company’s ADSs, each representing ten Class A ordinary shares of the Company, at certain variable price determined with reference to the market price of the Company’s ADSs prevailing shortly prior to the conversion. In the event that the entire principal amount of the July 2023 LMR Convertible Bond nt of US$25,000,000 at the issue price of US$25,000,000 with substantially similar terms as the July 2023 LMR Convertible Bond These convertible bonds were initially measured at fair value and subsequently carried at fair value through profit or loss pursuant to the Company’s election to apply the fair value option. Refer to note 3.3 for fair value measurements. During the period from August 17, 2023 to December 31, 2023, LMR converted an aggregate principal amount of US$36,000,000 of the convertible bonds into the Company’s ADSs, each representing ten Class A ordinary shares of the Company. The movements of convertible bonds during the reporting periods presented are set out as below: As of December 31, 2022 2023 RMB’000 RMB’000 At the beginning of the year —  —  New issuance —  474,117 Fair value change —  116,520 Conversion to shares (Note 21) —  (319,335 ) Foreign exchange movement —  1,382 At the end of the year —  272,684 The fair value of the convertible bonds was determined using the binomial option valuation model, with the assistance from a third-party appraiser. The following table lists the inputs to the models used for the valuation of the convertible bonds for the year ended December 31, 2023: Model used Binomial Expected volatility (%) 70.36% - 78.64% Risk–free interest rate (%) 5.08% - 5.49% Bond Maturity 0.51 - 0.94 Weighted average share price US$1.52 - US$6.63

Share capital and additional pa

Share capital and additional paid in capital	12 Months Ended
	Dec. 31, 2023
Disclosure of classes of share capital [abstract]
Combined capital and additional paid in capital	21. Share capital and additional paid in capital Number of shares Nominal Combined Subscription Additional Total USD RMB’000 RMB’000 RMB’000 RMB’000 At January 1, 2022 (note i) 500 1 —  — 423,329 423,329 Subdivision of shares (note ii) 4,500 —  —  —  —  —  Stock dividend to the controlling shareholder (note ii) 49,995,000 5,000 32 —  (32 ) —  Conversion of preferred shares to shares (note iii) 326,976,779 3,269,768 21,905 —  3,712,984 3,734,889 Recapitalization upon the Merger (note ii) 1,597,547,772 16,470,477 110,343 —  (110,343 ) —  Deemed issuance of shares upon the Merger transaction 161,713,040 1,617,130 10,226 —  1,881,758 1,891,984 Issuance of shares (note iv) 57,570,524 575,705 4,005 —  204,690 208,695 Exercise of option 3,170,010 31,700 219 —  5,203 5,422 Contribution from the controlling shareholder (Note 33) —  —  —  —  27,179 27,179 Share-based payments from the Company (Note 29) —  —  —  —  195,669 195,669 Share-based payments from the controlling shareholder (Note 29) —  —  —  —  18,163 18,163 At December 31, 2022 2,196,978,125 21,969,781 146,730 —  6,358,600 6,505,330 At January 1, 2023 2,196,978,125 21,969,781 146,730 —  6,358,600 6,505,330 Issuance of shares (note iv) 101,000,000 1,010,000 7,175 (4,696 ) 146,532 149,011 Transaction cost related to issuance of shares —  —  —  —  (18,285 ) (18,285 ) Share-based payments from the Company (Note 29) —  —  —  —  393,825 393,825 Share-based payments from the controlling shareholder (Note 29) —  —  —  —  5,251 5,251 Conversion of convertible bonds to shares (note v) 108,760,310 1,087,603 7,807 —  311,528 319,335 Exercise of option 48,463,868 484,639 3,471 —  (1,110 ) 2,361 At December 31, 2023 2,455,202,303 24,552,023 165,183 (4,696 ) 7,196,341 7,356,828 Notes: (i) In July 2019, 100 ordinary shares of Dada were allotted and issued to the controlling shareholder, of par value US$0.001.   In November 2020, 400 ordinary shares of Dada were allotted and issued to the controlling shareholder, which is effectively a 1-to-5 (ii) In January 2022, each existing issued and unissued share of par value US$0.001 each in the share capital of Dada was subdivided into 10 shares of par value US$0.0001.   In January 2022, 49,995,000 ordinary shares of Dada were allotted and issued to the controlling shareholder, which is effectively a 1-to-10,000   Upon the Merger, each existing issued and unissued share of par value US$0.0001 each in the share capital of Dada was cance l   The above events mentioned in note (ii) are collectively referred as the “Share Subdivision”. 2 (iii) In January and March 2022, the Group issued convertible redeemable preferred shares of Dada for a total cash consideration of RMB556.4 million. The convertible redeemable preferred shares were automatically converted to ordinary shares of Dada in June 2022. (iv) In December 2022, an institution al   In May 2023, the Company issued 35,000,000 Class A ordinary shares of US$0.6 each in a private placement. These new shares were issued under the general mandate granted to the directors of the Company at the annual general meeting of the Company held on May 19, 2023 and rank pari passu with other shares in issue in all respects.   In November 2023, the Company issued Class A ordinary shares, equivalent to share capital of million, for which subscription receivable was approximately R 4.7 million as at December 31, 2023. (v) In August 2023, September 2023, October 2023 and November 2023, the Company issued 108,760,310 Class A ordinary shares upon the conversion of certain convertible bonds issued to LMR in aggregate (Note 20). (vi) The Company’s ordinary shares are divided into Class A ordinary shares, Class B ordinary shares and Class C ordinary shares. Holders of our Class A ordinary shares, Class B ordinary shares and Class C ordinary shares have the same rights, preferences and restrictions except for voting and conversion rights. The Company’s authorized share capital was increased by (i) the creation of an additional 5,300,000,000 Class A ordinary shares of a par value of US$0.01 each, and (ii) the creation of 2,200,000,000 additional shares as such class or series (however designated) as the board of directors of the Company may determine in accordance with the Second Amended and Restated Memorandum and Articles of Association in April 2023. As of December 31, 2023, the Company had 6,000,000,000, 300,000,000, 1,400,000,000 Class A, B, C ordinary shares authorized (US$0.01 par value), and 2,300,000,000 Shares as such Class or series (however designated) as the board of directors of the Group may determine in accordance with articles, and 847,654,531, 242,662,399, 1,364,885,373 Class A, B, C ordinary shares issued and outstanding, respectively. Voting rights. The Company’s ordinary shares are issued in registered form and are issued when registered in our register of members. Holders of Class A ordinary shares are entitled to one vote per share. Holders of Class B ordinary shares and Class C ordinary shares are entitled to ten votes per share and two votes per share, respectively. Conversion. Each Class B ordinary share or Class C ordinary share is convertible into one Class A ordinary share, whereas Class A ordinary shares are not convertible into Class B ordinary shares or Class C ordinary shares under any circumstances. Class B ordinary shares are not convertible into Class C ordinary shares and vice versa. Any number of Class B ordinary shares or Class C ordinary shares, as the case may be, held by a holder thereof will be automatically and immediately converted into an equal number of Class A ordinary shares upon the occurrence of any change in ownership or voting power of Mr. Zhen Dai or his affiliates (excluding NewLink) or the incapacity of Mr. Zhen Dai.

Revenues

Revenues	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Revenues	22. Revenues Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Charging services revenues 29,607 82,590 129,107 Energy solutions revenues 2,989 8,115 187,260 New initiatives revenues 857 2,109 3,711 Total revenues 33,453 92,814 320,078 Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Timing of revenue recognition Goods and services transferred at a point in time 33,453 92,814 162,333 Goods and services transferred over time —  —  157,745 Total revenues 33,453 92,814 320,078

Other gains, net

Other gains, net	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Other gains, net	23. Other gains, net Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Non-operating 138 7,617 24,805 Non-operating —  (300 ) (334 ) Total 138 7,317 24,471 Non-operating .

Operating costs and expenses by

Operating costs and expenses by nature	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Operating costs and expenses by nature	24. Operating costs and expenses by nature Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Equity-settled listing costs —  1,912,693 —  Employee benefit expenses 112,102 341,608 654,617 Professional service fee 8,787 66,657 144,948 Market incentives for charging service 105,939 120,461 231,121 Promotion and advertising 17,925 24,844 42,665 Costs of energy solutions revenues —  —  146,401 Costs of charging services revenues 7,965 21,936 21,167 Traveling, entertainment and general office expenses 7,640 15,879 27,975 Rental, facility and utilities 4,277 12,500 26,264 Depreciation of right-of-use 6,515 9,219 8,160 Depreciation of property, plant and equipment 58 210 1,186 Amortization of intangible assets —  167 1,558 Bandwidth expenses and server custody costs 4,331 4,914 3,585 Payment processing cost 3,893 2,427 1,067 Impairment loss on financial assets and other items under expected credit loss model 6,964 22,042 74,728 Provision for inventories loss —  —  14,409 Others 1,242 5,058 11,063 Total operating costs and expenses 287,638 2,560,615 1,410,914

Fair value changes

Fair value changes	12 Months Ended
	Dec. 31, 2023
Disclosure of fair value measurement of equity [abstract]
Fair value changes	25. Fair value changes The fair value loss of the year ended December 31, 2023 was RMB204.0 million (2022: RMB3,156.7 million), which was mainly due to the fair value changes of convertible instruments and financial instruments at FVTPL (Note 14).

Finance costs

Finance costs	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Finance costs	26. Finance costs Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Interest expense from bank borrowings —  9,149 31,480 Interest expense from lease liabilities 1,097 1,089 783 Others —  37 697 Finance costs 1,097 10,275 32,960

Taxation

Taxation	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Taxation	27. Taxation (a) Income tax expenses Income tax expense is recognized based on management’s best knowledge of the income tax rates expected for the financial year. (i) Cayman Islands The Company is incorporated as an exempted company with limited liability under the Companies Act of the Cayman Islands and is not subject to tax on income or capital gains. Additionally, the Cayman Islands do not impose a withholding tax on payments of dividends to shareholders. The Cayman Islands are not party to any double tax treaties that are applicable to any payments made by or to the company. (ii) Hong Kong Income Tax Entities incorporated in Hong Kong are subject to Hong Kong profits tax at a rate of 16.5% for taxable income earned in Hong Kong before April 1, 2018. Starting from the financial year commencing on April 1, 2018, the two-tiered (iii) PRC Enterprise Income Tax (“EIT”) The income tax provision of the Group in respect of its operations in PRC was subject to statutory tax rate of 25% on the assessable profits for the years ended December 31, 2022 and 2023 based on the existing legislation, interpretation and practices in respect thereof. (iv) Withholding tax in mainland China (“WHT”) According to the New Corporate Income Tax Law (“New EIT Law”), beginning January 1, 2008, distribution of profits earned by companies in mainland China since January 1, 2008 to foreign investors is subject to withholding tax of 5% or The Group does not have any plan in the foreseeable future to require its subsidiaries in mainland China to distribute their retained earnings and intends to retain them to operate and expand its business in mainland China. Accordingly, no deferred income tax liability related to WHT on undistributed earnings was accrued as of the end of each reporting period. The income tax expenses of the Group during the years ended December 31, 2021, 2022 and 2023 are analyzed as follows: Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Current income tax 5,318 9,423 2,980 Deferred income tax —  438 806 Total income tax expense 5,318 9,861 3,786 The tax on the Group’s loss before income tax differs from the theoretical amount that would arise using the statutory tax rate of 25% in mainland China, being the tax rate applicable to the majority of consolidated entities as follows: Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Loss before income tax (255,144 ) (5,627,504 ) (1,303,364 ) Tax calculated at statutory income tax rate of 25% in mainland China (63,786 ) (1,406,876 ) (325,841 ) Tax effects of: Effect of differing tax rates in different jurisdictions —  1,272,471 65,790 Expenses not deductible for income tax purposes 1,069 137,862 122,634 Effect of deductible temporary differences not recognized —  —  23,771 Effect of tax loss not recognized 68,035 37,283 140,493 Effect of tax exemptions — — (456 ) Utilization of tax loss previously not recognized —  (30,879 ) (1,660 ) Utilization of deductible temporary differences previously not recognized —  —  (17,657 ) Others —  —  (3,288 ) 5,318 9,861 3,786 (b) Deferred income tax As at December 31, 2022 and 2023, the Group did not recognize deferred income tax assets from tax As of December 31, 2023, the total unrecorded tax losses carried forward w ere that are available indefinitely for the offsetting against future taxable profit. As of December 31, 2023, the total unrecognized deductible temporary differences w ere RMB95.1 million (2022: nil).

Loss per share

Loss per share	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Loss per share	28. Loss per share (a) Basic loss per share Basic loss per share for the years ended December 31, 2021, 2022 and 2023 are calculated by dividing the net loss attributable to equity holders of the Company by the weighted average number of ordinary shares in issue during the year. The weighted average number of ordinary shares for the purpose of basic and diluted loss per share for the years ended December 31, 2021 and 2022 were retrospectively adjusted to reflect the Share Subdivision described in Note 21. Year ended December 31, 2021 2022 2023 Net loss attributable to equity holders of the Company (RMB’000) 260,462 5,637,365 1,306,913 Weighted average number of ordinary shares in issue 1,647,547,772 1,927,746,700 2,259,760,407 Basic loss per share (RMB per share) 0.16 2.92 0.58 (b) Diluted loss per share Diluted loss per share is calculated by adjusting the weighted average number of ordinary shares outstanding to assume conversion of all dilutive potential ordinary shares. During the year ended December 31, 2022 and 2023, the Company has no dilutive potential ordinary shares as the effects of all potential ordinary shares are determined to be anti-dilutive. The computation s

Share-based payments

Share-based payments	12 Months Ended
	Dec. 31, 2023
Disclosure of terms and conditions of share-based payment arrangement [abstract]
Share-based payments	29. Share-based payments RISE Share Incentive Plans Before the Merger, RISE operated several Share Incentive Plans (the “RISE Plans”) under which the outstanding granted share options of 3,966,704 were all vested and exercisable as of June 10, 2022. All awards under RISE Plans that were outstanding immediately prior to the Merger were automatically cancel l 2022 Share Incentive Plan In January 2022, the Board of Directors of Dada approved the Dada Share Incentive Plan (the “2022 Share Incentive Plan”), which has a term of 10 years. Under the 2022 Share Incentive Plan, Dada reserved options to its eligible employees, directors and officers of the Dada for the purchase of 224,665,915 of the Dada’s ordinary shares in aggregate. The exercise price for such options is US$0.000003 to US$0.3 per share. During the year ended December 31, 2022, the Company granted certain share options under the 2022 Share Incentive Plan. Most of those share options granted under the 2022 Share Incentive Plan were vested over 3 to 5 years. The contractual term of The fair value of the share options was determined using the binomial On March 18, 2022 , pre-agreed There are no cash settlement alternatives for the employees, and the Group does not have a past practice of cash settlement for these awards. The Group’s awards are accounted for as equity awards. In February and March 2022, certain employees resigned and joined Anji Datacom, due to the Asset Transfer. The Group agreed that all unvested options of those employees became immediately vested upon resignation. The Group expenses all unvested options upon the accelerated vesting in the consolidated statement of profit or loss and other comprehensive income. On June 10, 2022, the Company assumed the then-effective 2022 Share Incentive Plan. Each option to purchase ordinary shares of Dada that was outstanding immediately prior to June 10, 2022, whether vested or unvested, was converted into an option to purchase a number of Class A ordinary shares of the Company at a conversion ratio of 32.951 in accordance with the Merger. In September 2022, the 2022 Share Incentive Plan was replaced with further explanation below. The following table illustrates the number and weighted average exercise prices of, and movements in, the 2022 Share Incentive Plan during the year ended December 31, 2022: Number of Weighted US$ Awarded and unvested as of December 31, 2021 —  N/A Granted 228,189,750 0.00 * Forfeited (20,317,822 ) 0.00 * Exercised —  N/A Carried over to New 2022 Share Incentive Plans 207,871,928 0.00 * Outstanding as of December 31,2022 —  N/A * Representing amount less than US$0.005. The following tables list the inputs to the models used for the valuation of the share options for the year ended December 31, 2022: Model used Binomial Monte Carlo Weighted average fair values at the measurement date $ 0.27 $ 0.03 Expected volatility (%) 64.78% - 67.38% 63.11% Risk–free interest rate (%) 1.81% - 3.72% 2.14% Expected life of share options (years) 10 9.13 9.53 Weighted average share price $ 0.28 $ 0.24 The New 2022 Share Incentive Plans In September 2022, the Board of Directors of NaaS approved the New 2022 Share Incentive Plan of NaaS (the “New 2022 Share Incentive Plan”) to replace the 2022 Share Incentive Plan. The New 2022 Share Incentive Plan has a term of 10 years. The maximum number of Class A ordinary shares available to be issued under the New 2022 Share Incentive Plan is initially and will be increased on the first day of each fiscal year from by an amount equal to % of the total number of shares issued and outstanding on the last day of the immediately preceding fiscal year, unless otherwise decided by our board of directors. The exercise price for such options is US$ to US$ per share. In June 2023, the Board of Directors of NaaS approved the Amended and Restated New 2022 Share Incentive Plan, pursuant to which the maximum number of Class A ordinary shares of the Company available to be issued under the Amended and Restated New 2022 Share Incentive Plan will be initially 413,921,180, plus commencing no earlier than January 1, 2024, an increase on the first day of each fiscal year, a number equal to 1% of the then total number of shares issued and outstanding on an as converted and fully-diluted basis on the last day of the immediately preceding fiscal year, unless otherwise decided by our board of directors. In December 2023, the Board of Directors of NaaS approved the Second Amended and Restated New Outstanding awards under the 2022 Share Incentive Plan remain valid and are governed by, and counted towards the total number of shares available under the New 2022 Share Incentive Plan. The Company reserved options to its eligible employees, directors and officers of the Company for the purchase of of the Company’s Class A ordinary shares in aggregate. The Company granted share options under the New 2022 Share Incentive Plan to the original grantees as replacement awards for the 2022 Share Incentive Plan. Such replacement was accounted for as a modification of share options; the incremental cost immediately before and after the replacement was immaterial. During the period from the September 29, 2022 to December 31, 2022, the Company granted additional share options under the New 2022 Share Incentive Plan. Most of the share options granted under the 2022 Share Incentive Plan were vested over 3 During the year ended December 31, 2023, the Company granted 7,656,590 shares to certain suppliers in lieu of cash payment. During the year ended December 31, 2023, share-based compensation from ESOP included RMB186.1 million of charges arose from modification of the terms of certain share options granted in 2022. There are no cash settlement alternatives for the employees, directors and officers, and the Group does not have any past practices of cash settlement for these awards. The Group’s awards are accounted for as equity awards. The following table illustrates the number and weighted average exercise prices of, and movements in the New 2022 Share Incentive Plan during the year s Number of Weighted US$ Awarded and unvested as of December 31, 2021 —  N/A Assumed from 2022 Share Incentive Plan 207,871,928 0.00 * Granted 2,399,810 0.15 Forfeited (157,310 ) 0.01 Exercised —  N/A Outstanding as of December 31,2022 210,114,428 0.00 * Exercisable as of 31 104,527,155 0.00 * Number of Weighted US$ Outstanding as of December 31, 2022 210,114,428 0.00 * Granted 199,457,890 0.08 Forfeited (27,590,368 ) 0.10 Exercised (48,463,868 ) 0.01 Outstanding as of December 31,2023 333,518,082 0.04 Exercisable as of 31 December 2023 204,896,622 0.00 * * Representing amount less than US$0.005. The following tables list the inputs to the models used for the valuation of the share options for the year ended December 31, 2023: Binomial Monte Carlo Weighted average fair values at the measurement date $ 0.46 $ 0.23-$0.58 Expected volatility (%) 66.48% - 67.66% 61.07% - 61.16% Risk–free interest rate (%) 3.48% - 4.59% 3.76% - 3.82% Expected life of share options (years) 9.85 8.72 - 8.75 Weighted average share price $ 0.52 $ 0.59 The weighted average remaining contractual life for the share options outstanding as at December 31, 2023 wa s 8.8 0.43 NewLink Share Incentive Plan The Group was historically part of NewLink’s businesses and were conducted by NewLink and its consolidated entities at the time. For the years ended 2022 and 2023, NewLink granted share options under NewLink 2020 Share Incentive Plan to certain of its employees associated with the Group’s charging business, which were subsequently transferred to the Group. The Group, as the entity receiving services, accounted for such transaction as the entity receiving services, accounted for such transaction as equity settled share based payments as the Group does not have the obligation to settle. In February and March 2022, certain employees resigned and joined Anji Dadacom due to the Asset Transfer. NewLink agreed that all unvested options of those employees became immediately vested upon resignation. The Group expenses all unvested options upon the accelerated vesting in the consolidated statement of profit or loss and other comprehensive income. The following table illustrates the number and weighted average exercise prices of, and movements in, the NewLink 2020 Share Incentive Plan during the years ended December 31, 2022 and 2023: 2022 2022 2023 2023 Number of Weighted average Number of Weighted average US$ US$ Outstanding as of January 1 3,310,722 0.00 * 3,856,621 0.08 Granted 932,000 0.32 103,610 0.00 Forfeited (386,101 ) 0.00 * (711,985 ) 0.42 Exercised —  N/A —  N/A Outstanding as of December 31 3,856,621 0.08 3,248,246 0.00 Exercisable as of December 31 1,781,120 0.00 * 2,426,789 0.00 * Representing amount less than US$0.005. The fair value of the share options was determined using the binomial option valuation model, with the assistance from a third-party appraiser. The binomial model requires the inputs from a few key assumptions. For expected volatility, the Company made reference to historical volatility of several comparable companies of NewLink due to it being a private company. The range of expected volatility rate was 48.03% to 51.93% and 51.79% to 51.90% for 2022 and 2023, respectively. The range of risk-free interest rate was 1.81% to 3.88% and 3.49% to 3.88% for 2022 and 2023 respectively. The weighted average fair value at the measurement date was $2.90 and $3.04 for 2022 and 2023, respectively. The weighted average remaining contractual life for the share options outstanding as at December 31, 2022 and 31 December 2023 was 9.08 years and 10 years,respectively. For the years ended December 31, 2021, 2022 and 2023, the Group allocated share based compensation expense as follows: 2021 2022 2023 RMB’000 RMB’000 RMB’000 Cost of revenues 82 5,322 8,895 Selling and marketing expenses 3,896 27,846 63,766 Administrative expenses 6,323 170,145 316,762 Research and development expenses 487 10,519 9,653 Total 10,788 213,832 399,076

Cash flow information

Cash flow information	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Cash flow information	30. Cash flow information (a) Cash used in operation Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Loss before income tax (255,144 ) (5,627,504 ) (1,303,364 ) Adjustments for: Depreciation of property, plant and equipment (Note 16) 58 210 1,186 Amortization of intangible assets and other non-current —  167 7,681 Depreciation of right-of-use 6,515 9,219 8,160 - financial assets and other items under expected credit loss model 3,205 20,587 72,931 - other financial assets —  —  1,797 Provision for inventories loss —  —  14,409 Equity-settled listing cost —  1,912,693 —  Fair value change loss, net —  3,156,745 204,039 Non-cash—share 10,788 213,832 399,076 Interest income —  (4,826 ) (5,239 ) Interest expense (Note 2 6 1,097 10,238 32,960 Investment income —  —  (9,397 ) Increase in trade receivables and contract assets (33,632 ) (111,330 ) (66,483 ) Increase in prepayments, other receivables and other assets (59,178 ) (182,408 ) (168,447 ) Increase/(decrease) in trade and other payables 101,097 (7,164 ) 220,930 Increase in contract liabilities 6,080 24,019 56,121 Increase in inventories —  —  (36,842 ) Cash used in operations (219,114 ) (585,522 ) (570,482 ) Interest received —  4,826 5,239 Net cash used in operating activities (219,114 ) (580,696 ) (565,243 ) Major non-cash During the year ended December 31, 2023, the Group had non-cash right-of-use million (2022: RMB million) and RMB million (2022: RMB million), respectively, in respect of lease arrangements for office buildings and charging stations. During the year ended December 31, 2023, the Group received no financial support from NewLink (2022: RMB27.2 million ) as detailed in Note 33. (b) Reconciliation of liabilities arising from financing activities The table below details changes in the Group’s liabilities from financing activities, including both cash and non-cash Interest- Interest Lease Total RMB’000 RMB’000 RMB’000 RMB’000 (note 1 7 (note 1 3 At January 1, 2022 —  —  19,633 19,633 Changes from financing cash flows 503,155 (8,734 ) (11,008 ) 483,413 New leases —  7,263 7,263 Revision of a lease term arising from a change in the non-cancellable (797 ) (797 ) Interest expenses —  9,149 1,089 10,238 At December 31, 2022 503,155 415 16,180 519,750 Interest- Interest Lease Convertible Revenue-Based Total RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 (note 1 7 (note 1 3 (note 20) (note 19) At January 1, 2023 503,155 415 16,180 —  —  519,750 Changes from financing cash flows 236,453 (30,817 ) (7,945 ) 474,117 20,931 692,739 New leases —  —  4,516 —  —  4,516 Interest expenses —  31,480 783 —  697 32,960 Increase arising from business combination 15,166 —  5,289 —  —  20,455 Changes in fair values —  —  —  116,520 —  116,520 Conversion of convertible bonds to share capital —  —  —  (319,335 ) —  (319,335 ) Disposal —  —  (4,733 ) —  —  (4,733 ) Foreign exchange movement —  —  — 1,382 —  1,382 At December 31, 2023 754,774 1,078 14,090 272,684 21,628 1,064,254

Commitments

Commitments	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Commitments	31. Commitments (a) Short-term lease commitments Short-term lease commitments-as The future aggregate minimum lease payments under short-term leases exempted to be recognized as lease liabilities are as follows: Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Within one year 5,645 3,530 4,618 Total 5,645 3,530 4,618

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Contingencies	32. Contingencies There w ere

Related party transactions

Related party transactions	12 Months Ended
	Dec. 31, 2023
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Related party transactions	33. Related party transactions (a) Name and relationship with related parties Name of related parties Relationship with the Group NewLink Controlling Shareholder Shenzhen Yuanwanghechu Technology Co., Ltd Significantly influenced by the Controlling Shareholder Huzhou Zhidianlaile New Energy Technology Co., Ltd Significantly influenced by the Company (b) Contribution from shareholder Immediately prior to the Reorganization, the Listing Business was carried out by NewLink and RMB million due from the Group in 2022. The amounts waived were recorded as contribution from shareholder in the respective year. In 2023, NewLink paid the following amounts on behalf of the Company (i) RMB42.6 million (2022: RMB31.1 million) as payroll and non-payroll was reflected through consolidated statements of profit or loss and other comprehensive loss (c) Options from shareholder Charging service business was historically part of NewLink’s businesses and w as RMB million and RMB million, respectively, and credited to additional paid in capital accordingly. See Note 2 9 (d) Other transactions with related parties The following table provides the total amount of transactions that have been entered into with related parties in the ordinary course of the Group’s business for the relevant financial year. For the year ended Sales to related RMB’000 Energy solution services Shenzhen Yuanwanghechu Technology Co., 74,460 Huzhou Zhidianlaile New Energy Technology Co., 690 Total 75,150 (e) Balances with related parties As of RMB’000 Included in trade receivables Shenzhen Yuanwanghechu Technology Co., Ltd 7,711 Huzhou Zhidianlaile New Energy Technology Co., Ltd 27 7,738 Allowance for expected credit loss (335 ) 7,403 Included in amount due from related parties (Note 10) New L 18,838 Shenzhen Yuanwanghechu Technology Co., Ltd 8,865 27,703 Included in c Shenzhen Yuanwanghechu Technology Co., Ltd 26,125 (f) Key management personal compensation The following table sets forth information regarding our directors and executive officers for the years ended December 31, 2021, 2022 and 2023. Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Short-term employee benefits 2,692 2,694 7,468 Share-based compensation —  123,383 229,542 2,692 126,077 237,010

Event occurring after the repor

Event occurring after the reporting period	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Event occurring after the reporting period	34. Event occurring after the reporting period On March 15, 2024, an institution investor purchased a total of 4,761,905 ADSs of the Company together with warrants to purchase up to 4,761,905 ADSs at a combined purchase price of US$1.26 per ADS and accompanying warrant through a private placement for total gross proceeds of approximately US$6 million (RMB42.6 million). The warrants have an exercise price of US$1.49 and will be exercisable beginning six months following the date of issuance and will expire five years from the initial exercise date.

Material accounting policies (P

Material accounting policies (Policies)	12 Months Ended
	Dec. 31, 2023
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New and amended standards adopted by the Group	2.1. New and amended standards adopted by the Group (a) Amendments to the accounting standards adopted The Group has applied the following amendments for the first time for their annual reporting period commencing January 1, 2023: The application of these new and amendments to IFRSs in the current year has had no material impact on the Group’s financial positions and performance for the current and prior years and/or on the disclosures set out in these consolidated financial statements. IFRS 17 (including the amendments to IFRS 17 issued in June 2020 and December 2021) Insurance Contracts Amendments to IAS 1 and IFRS Practice Statement 2 Disclosure of Accounting Policies Amendments to IAS 8 Definition of Accounting Estimates Amendments to IAS 12 Deferred Tax related to Assets and Liabilities arising from a Single Transaction Amendments to IAS 12 International Tax Reform-Pillar Two model Rules (b) New standards and interpretations not yet adopted New standards, amendments to standards and interpretations that have been issued but not yet effective and have not been early adopted by the Group during the year ended December 31, 2023 are as follows: Amendments Effective for accounting periods Amendments to IFRS 1, Presentation of financial statements: Classification of liabilities as current or non-current January 1, 2024 Amendments to IFRS 1, Presentation of financial statements: Non-current January 1, 2024 Amendments to IFRS 16, Leases: Lease liability in a sale and leaseback January 1, 2024 Amendments to IFRS 7, Statement of cash flows and IFRS 7, Financial Instruments: Disclosures: Supplier finance arrangements January 1, 2024 Amendments to IFRS 21, The effects of changes in foreign exchange rates: Lack of exchangeability January 1, 2025 These new standards and amendments are not expected to have a material impact on the Group’s consolidated financial statements in the current or future reporting periods and on foreseeable future transactions.
Subsidiaries and non-controlling interests	2.2. Subsidiaries and non-controlling Subsidiaries are all entities over which the Group has control. The Group controls an entity when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. Subsidiaries are fully consolidated from the date on which control is transferred to the Group. They are deconsolidated from the date that control ceases. Inter-company transactions, balances and unrealized gains on transactions between group companies are eliminated. Unrealized losses are also eliminated unless the transaction provides evidence of an impairment of the transferred asset. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the Group. Non-controlling loss non-controlling
Associates	2.3. Associates An associate is an entity over which the Group has significant influence but not control, generally accompanying a shareholding of between 20% and 50% of the voting rights. Investments in associates are accounted for in the consolidated financial statements using the equity method and are initially recorded at cost. The Group’s interests in associates include goodwill identified on acquisition, net of any accumulated impairment loss and adjustment thereafter for the post-acquisition changes in the Group’s share of the associates’ net assets. The consolidated statement of profit or loss and other comprehensive income includes the Group’s share of post-acquisition, post-tax post-tax When the Group’s share of losses exceeds its interest in the associate, the Group’s interest is reduced to nil and recognition of further losses is discontinued except to the extent that the Group has incurred legal or constructive obligations or made payments on behalf of the associate. For this purpose, the Group’s interest in the associate is the carrying amount of the investment using the equity method together with the Group’s long-term interests that in substance form part of the Group’s net interest in the associate. Unrealized profits and losses resulting from transactions between the Group and its associates are eliminated to the extent of the Group’s interests in the associates, except where unrealized losses provide evidence of an impairment of the asset transferred, in which case they are recognized immediately in the consolidated statement of profit or loss and other comprehensive income. If the ownership interest in an associate is reduced but significant influence is retained, only a proportionate share of the amounts previously recognized in other comprehensive income is reclassified to the consolidated statement of profit or loss and other comprehensive income where appropriate. Adjustments are made to the financial statements of associates when necessary to align their accounting policies to ensure consistency with policies adopted by the Group.
Segment reporting	2.4. Segment reporting Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision-maker (“CODM”). The CODM, who is responsible for allocating resources, assessing performance of the operating segments and making strategic decisions, has been identified as the Chief Executive Officer of the Group, who reviews the consolidated results of operations when making decisions about allocating resources and assessing performance of the Group as a whole. For the purpose of internal reporting and management’s operation review, the CODM and management personnel do not segregate the Group’s business by product or service lines. Hence, the Group has only one operating segment. In addition, the Group does not distinguish between markets or segments for the purpose of internal reporting. As the Group’s assets and liabilities are substantially located in the PRC, substantially all revenues are earned and substantially all expenses are incurred in the PRC, no geographical segments are presented.
Foreign currency translation	2.5. Foreign currency translation (a) Functional and presentation currency Items included in the financial statements of each of the Group’s entities are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). The functional currency of the Company is U.S. dollars (“USD”). The functional currency of subsidiaries in the Group operating businesses in the PRC is Renminbi (“RMB”). The functional currency of subsidiaries in the Group operating businesses outside of the PRC generally use their respective local currencies as their functional currencies. The Group presents its consolidated financial statements in RMB, unless otherwise stated. (b) Transactions and balances Foreign currency transactions are translated into the functional currency using the exchange rates at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions, and from the translation of monetary assets and liabilities denominated in foreign currencies at year end exchange rates, are generally recognized in profit or loss. Non-monetary (c) Group companies The results and financial position of foreign operations (none of which has the currency of a hyper-inflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows: (i) assets and liabilities for each statement of financial position presented are translated at the closing rate at the date of the end of the reporting period; (ii) income and expenses for each statement of profit or loss and other comprehensive income are translated at average exchange rates (unless this is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses are translated at the rate on the dates of the transactions); and (iii) all resulting currency translation differences are recognized in other comprehensive loss. During s
Goodwill	2.6. Goodwill Goodwill represents the excess of the cost of the consideration transferred, the amount of any non-controlling Goodwill is allocated to cash-generating units (“CGUs”) for the purpose of impairment testing. The allocation is made to those CGUs or groups of CGUs that are expected to benefit from the business combination in which the goodwill arose. The units or groups of units are identified at the lowest level at which goodwill is monitored for internal management purposes, below the operating segment.
Property, plant and equipment	2.7. Property, plant and equipment All property, plant and equipment is stated at historical cost less accumulated depreciation and accumulated impairment losses (if any). 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 Group and the cost of the item can be measured reliably. The carrying amount of any component accounted for as a separate asset is derecognized when replaced. All other repairs and maintenance are charged to profit or loss during the reporting period in which they are incurred. Depreciation is calculated using the straight-line method to allocate the cost of the assets, net of their residual values, over their estimated useful lives, as follows: – Electronic equipment 5 years – Furniture and office equipment 3 years The asset’s residual values and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period. 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. Gains and losses on disposals are determined by comparing proceeds with carrying amount and included in profit or loss.
Intangible assets (other than goodwill)	2.8. Intangible assets (other than goodwill) Acquired computer software is stated at historical cost less accumulated amortization and accumulated impairment losses (if any). Historical cost includes expenditure that is directly attributable to the acquisition of the items. Costs associated with maintaining software programs are expensed as incurred. The Group amortizes intangible assets with a limited useful life using the straight-line method over the following periods: – Computer software 5 years Intangible assets acquired in a business combination are recognized separately from goodwill and are initially recognized at their fair value at the acquisition date (which is regarded as their cost). Subsequent to initial recognition, intangible assets acquired in a business combination with finite useful lives are reported at cost less accumulated amortization and any accumulated impairment losses.
Investments and other financial assets	2.9. Investments and other financial assets (a) Classification The Group classifies its financial assets in the following measurement categories: • those to be measured subsequently at fair value (either through other comprehensive income or through profit or loss), and • those to be measured at amortized cost. The classification depends on the entity’s business model for managing the financial assets and the contractual terms of the cash flows. For assets measured at fair value, gains and losses will either be recorded in profit or loss or other comprehensive income (“OCI”). For investments in equity instruments that are not held for trading, this will depend on whether the Group has made an irrevocable election at the time of initial recognition to account for the equity investment at FVTOCI. (b) Recognition and derecognition Regular way purchases and sales of financial assets are recognized on trade-date, the date on which the Group commits to purchase or sell the asset. Financial assets are derecognized when the rights to receive cash flows from the financial assets have expired or have been transferred and the Group has transferred substantially all the risks and rewards of ownership. (c) Measurement At initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at FVTPL, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial asset carried at FVTPL are expensed in profit or loss. Equity instrument The Group subsequently measures all equity investments at fair value. Where the Group’s management has elected to present fair value gains and losses on equity investments in OCI, there is no subsequent reclassification of fair value gains and losses to profit or loss following the derecognition of the investment. Dividends from such investments continue to be recognized in profit or loss as other income when the Group’s right to receive payments is established. Changes in the fair value of financial assets at FVTPL are recognized in the consolidated statements of profit or loss and other comprehensive loss as applicable. Impairment losses (and reversal of impairment losses) on equity investments measured at FVTOCI are not reported separately from other changes in fair value. (d) Impairment The Group assesses on a forward-looking basis the expected credit losses (“ECL”) associated with its debt instruments. The impairment methodology applied depends on whether there has been a significant increase in credit risk.
Inventories	2.10. Inventories Inventories mainly consist of work in process and finished goods, etc. Inventories are stated at the lower of cost and net realizable value. They are accounted for either using the weighted average basis or using the specific-unit-cost method. Net realizable value represents the estimated selling prices for inventories less all estimated costs of completion and costs necessary to make the sale. Costs necessary to make the sale include incremental costs directly attributable to the sale and non-incremental
Trade receivables and other receivables	2.11. Trade receivables and other receivables Trade receivables are amounts due from customers for goods sold or services performed in the ordinary course of business. Majority of trade receivables are from energy solution business and other receivables and prepayments are from charging services. They are generally due for settlement within one year (or in the normal operating cycle of the business if longer) and therefore all classified as current. Trade receivables and other receivables are recognized initially at the amount of consideration that is unconditional unless they contain significant financing components, when they are recognized at fair value. The Group holds trade receivables and other receivables with the objective of collecting the contractual cash flows and therefore measures them subsequently at amortized cost using the effective interest method. See Note 7 for further information about trade receivables and Note 3.1 for a description of the Group’s financial risk. For trade receivables, the Group applies a simplified approach in calculating ECLs. Therefore, the Group does not track changes in credit risk, but instead recognizes a credit loss allowance based on lifetime ECLs at each reporting date. The Group has established a provision matrix that is based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors and the economic environment. Impairment on other receivables is measured as either 12-month
Cash and cash equivalents	2.12. Cash and cash equivalents For the purpose of presentation in the consolidated statements of cash flows, cash and cash equivalents includes cash on hand, cash at bank and deposits held at licensed payment platforms with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.
Share capital	2.13. Share capital Ordinary shares are classified as equity. Incremental costs directly attributable to the issuance of new shares are shown in equity as a deduction, net of tax, from the proceeds.
Trade and other payables	2.14. Trade and other payables Trade and other payables represent liabilities for goods and services provided to the Group prior to the end of the financial year which are unpaid. These amounts are presented as current liabilities unless payment is not due within 12 months after the reporting period. They are recognized initially at their fair value and subsequently measured at amortized cost using the effective interest method.
Borrowings	2.15. Borrowings Borrowings are initially recognized at fair value, net of transaction costs incurred. Borrowings are subsequently measured at amortized cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognized in profit or loss over the period of the borrowings using the effective interest method. Fees paid on the establishment of loan facilities are recognized as transaction costs of the loan to the extent that it is probable that some or all of the facility will be drawn down. In this case, the fee is deferred until the draw-down occurs. To the extent there is no evidence that it is probable that some or all of the facility will be drawn down, the fee is capitalized as a prepayment for liquidity services and amortized over the period of the facility to which it relates. Borrowings are removed from the consolidated statement of financial position when the obligation specified in the contract is discharged, canceled or expired. The difference between the carrying amount of a financial liability that has been extinguished or transferred to another party and the consideration paid, including any non-cash assets transferred or liabilities assumed, is recognized in profit or loss as other income or finance costs. Borrowings are classified as current liabilities unless the Group has an unconditional right to defer settlement of the liability for at least 12 months after the reporting period.
Borrowing costs	2.16. Borrowing costs General and specific borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying asset are capitalized during the period of time that is required to complete and prepare the asset for its intended use or sale. Qualifying assets are assets that necessarily take a substantial period of time to get ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings, pending their expenditure on qualifying assets, is deducted from the borrowing costs eligible for capitalization. Other borrowing costs are expensed in the period in which they are incurred.
Convertible bonds	2.17. Convertible bonds The Group’s convertible bonds are classified as financial liabilities and initially recognized at fair value, which includes any transaction costs directly attributable to the convertible bonds. Subsequently, convertible bonds are measured at amortized costs using the effective interest method unless the Group elects to measure the convertible bonds at fair value. Conversion features of convertible bonds that meets the definition of a derivative are separated from the host debt instrument and accounted for as a derivative where any subsequent changes in fair value are recognized in profit or loss.
Current and deferred income tax	2.18. Current and deferred income tax The income tax expense or credit for the period is the tax payable on the current period’s taxable income based on the applicable income tax rate for each jurisdiction adjusted by changes in deferred tax assets and liabilities attributable to temporary differences and to unused tax losses. Current and deferred tax is recognized in profit or loss, except to the extent that it relates to items recognized in other comprehensive income or directly in equity. In this case, the tax is also recognized in other comprehensive income or directly in equity, respectively. (a) Current income tax The current income tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the end of the reporting period in the countries where the Group operate and generate taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities. (b) Deferred income tax Deferred income tax is provided in full, using the liability method, on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements. However, deferred income tax is not accounted for if it arises from initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting nor taxable profit or loss and does not give rise to equal taxable and deductible temporary differences. Deferred income tax is determined using tax rates (and laws) that have been enacted or substantively enacted by the end of the reporting period and are expected to apply when the related deferred income tax asset is realized or the deferred income tax liability is settled. Deferred tax assets are recognized only to the extent that it is probable that future taxable profit will be available against which the temporary differences and losses can be utilized. (c) Offsetting Deferred tax assets and liabilities are offset where there is a legally enforceable right to offset current income tax assets and liabilities and when the deferred tax balances relate to the same taxation authority. Current tax assets and tax liabilities are offset where the entity has a legally enforceable right to offset and intends either to settle on a net basis, or to realize the asset and settle the liability simultaneously. (d) Uncertain tax positions In determining the amount of current and deferred income tax, the Group takes into account the impact of uncertain tax positions and whether additional taxes, interest or penalties may be due. This assessment relies on estimates and assumptions and may involve a series of judgments about future events. New information may become available that causes the Group to change its judgment regarding the adequacy of existing tax liabilities. Such changes to tax liabilities will impact tax expense in the period that such a determination is made.
Employee benefits	2.19. Employee benefits (a) Short-term obligations Liabilities for wages and salaries, including non-monetary (b) Post-employment obligations The Group participated a defined contribution plan in which the Group pays fixed contributions to publicly administered pension insurance plans on a mandatory basis. The Group has no further payment obligations once the contributions have been paid. The contributions are recognized as employee benefit expenses when they are due. (c) Housing funds, medical insurances and other social insurances Employees of the Group in the PRC are entitled to participate in various government-supervised housing funds, medical insurance and other social insurance plan. The Group contributes on a monthly basis to these funds based on certain percentages of the salaries of the employees, subject to certain ceiling. The Group’s liability in respect of these funds is limited to the contributions payable during each year. Contributions to the housing funds, medical insurance and other social insurance are expensed when they are due. (d) Bonus plan The expected cost of bonuses is recognized as a liability when the Group has a present legal or constructive obligation for payment of bonus as a result of services rendered by employees and a reliable estimate of the obligation can be made. Liabilities for bonus plans are expected to be settled within 1 year and are measured at the amounts expected to be paid when they are settled.
Revenue recognition and other income	2.20. Revenue recognition and other income Revenue is measured at the fair value of the consideration received or receivable for the sales of goods or services in the ordinary course of the Group’s activities. When another party is involved in providing goods or services to a customer, the Group determines whether the nature of its promise is a performance obligation to provide the specified goods or services itself (i.e., the Group is a principal) or to arrange for those goods or services to be provided by the other party (i.e., the Group is an agent). The Group is a principal if it controls the specified goods or services before those goods or services are transferred to a customer. The Group is an agent if its performance obligation is to arrange for the provision of the specified goods or services by another party. In this case, the Group does not control the specified goods or services provided by another party before those goods or services are transferred to the customer. When the Group acts as an agent, it recognizes revenue in the amount of any fee or commission to which it expects to be entitled in exchange for arranging for the specified goods or services to be provided by the other party. Revenue is recognized when or as the control of the goods or services is transferred to a customer. Depending on the terms of the contract and the laws that apply to the contract, control of the goods and services may be transferred over time or at a point in time. Control of the goods and services is transferred over time if the Group’s performance: a. provides all of the benefits received and consumed simultaneously by the customer; b. creates and enhances an asset that the customer controls as the Group performs; or c. does not create an asset with an alternative use to the Group and the Group has an enforceable right to payment for performance completed to date. If control of the goods or services transfers over time, revenue is recognized over the period of the contract by reference to the progress towards complete satisfaction of that performance obligation. Otherwise, revenue is recognized at a point in time when the customer obtains control of the goods and services. 2.20.1. The accounting policy for the Group’s principal revenue sources Charging services Energy solutions New initiatives 2.20.2. Contract balances When either party to a contract has performed, the Group presents the contract in the statement of financial position as a contract asset or a contract liability, depending on the relationship between the entity’s performance and the customer’s payment. A contract asset is the Group’s right to consideration in exchange for goods and services that the Group has transferred to a customer. A receivable is recorded when the Group has an unconditional right to consideration. A right to consideration is unconditional if only the passage of time is required before payment of that consideration is due. If a customer pays consideration or the Group has a right to an amount of consideration that is unconditional, before the Group transfers a good or service to the customer, the Group presents a contract liability when the payment is made or a receivable is recorded (whichever is earlier). A contract liability is the Group’s obligation to transfer goods or services to a customer for which the Group has received consideration (or an amount of consideration is due) from the customer. The contract liabilities balance mainly includes balances of advances received from customers for Charging services discount packages and advances received from customer to purchase energy solutions. The balances of contract liability as of December 31, 2022 and 2023 were RMB33.5 million and RM B 2.20.3. Incentives The Group offers discounts and promotions to end-users to encourage the use of our mobility and connectivity services. The Group records such incentives to end-users end-users If consideration payable to a customer is a payment for a distinct good or service from the customer, the Group accounts for the purchase of the good or service in the same way that it accounts for other purchases from suppliers. If the Group cannot reasonably estimate the fair value of the good or service received from the customer, the Group will account for all of the consideration payable to the customer as a reduction of the transaction price. 2.20.4. Government grant Government Grants that compensate the Group for expenses incurred are recognized as income in profit or loss on a systematic basis in the same periods in which the expenses are incurred. Grants that compensate the Group for the cost of an asset are deducted from the carrying amount of the asset and consequently are effectively recognized in profit or loss over the useful life of the asset by way of reduced depreciation expense.
Cost of revenues	2.21. Cost of revenues Cost of revenues mainly consists of electricity costs, direct labor costs, depreciation of right-of-use
Selling and marketing expenses	2.22. Selling and marketing expenses Selling and marketing expenses mainly consist of expenses of certain discounts and promotions to end-users, end-users
Administrative expenses	2.23. Administrative expenses Administrative expenses mainly consist of salaries and benefits for management and administrative personnel, rental and related expenses, professional fees and other general corporate expenses.
Research and development expenses	2.24. Research and development expenses Research and development expenses mainly consist of salaries and benefits as well as related expenses of research and development team. All research and development costs are expensed as incurred. All costs relating to improvements and maintenance of the platform were recorded as cost of revenues.
Loss per share	2.25. Loss per share (a) Basic loss per share Basic loss per share is calculated by dividing: • net loss attributable to equity holders of the Company, excluding any costs of servicing equity other than ordinary shares • by the weighted average number of ordinary shares outstanding during the financial year, adjusted for bonus elements in ordinary shares issued during the year and excluding treasury shares. (b) Diluted loss per share Diluted loss per share adjusts the figures used in the determination of basic loss per share to take into account: • the after-income tax effect of interest and other financing costs associated with dilutive potential ordinary shares; and • the weighted average number of additional ordinary shares that would have been outstanding assuming the conversion of all dilutive potential ordinary shares.
Leases	2.26. Leases The Group, as a lessee, leases office buildings and charging stations. Lease contracts are typically made for fixed periods of three months to five years. Lease is recognized as a right-of-use Contracts may contain both lease and non-lease non-lease Assets and liabilities arising from a lease are initially measured on a present value basis. Lease liabilities include the net present value of the following lease payments: • fixed payments (including in-substance • variable lease payments that are based on a rate, initially measured using the rate as at the commencement date; • amounts expected to be payable by the Group under residual value guarantees; • the exercise price of a purchase option if the Group is reasonably certain to exercise that option; and • payments of penalties for terminating the lease, if the lease term reflects the Group exercising that option. Lease The lease payments are discounted using the interest rate implicit in the lease. The Group uses the incremental borrowing rate, for the implicit rate cannot be readily determined, which is the rate that the Group would have to pay to borrow the funds necessary to obtain an asset of similar value to the right-of-use Lease payments are allocated between principal and finance cost. The finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. Right-of-use following: • the amount of the initial measurement of lease liabilities; • any lease payments made at or before the commencement date less any lease incentives received; • any initial direct costs; and • restoration costs. Right-of-use right-of-use The Group applies the short-term lease recognition exemption to its short-term leases of equipment and office buildings and charging stations low-value
Impairment of long-lived assets	2.27. Impairment of long-lived assets Internal and external sources of information are reviewed at the end of each reporting period, or whenever events or changes in circumstances indicate that the carrying amount may not be recoverable, to identify indications that the following assets may be impaired or, except in the case of goodwill, an impairment loss previously recognized no longer exists or may have decreased: • Property, plant and equipment; • Right-of-use assets; • Interests in associates; • Intangible assets; and • Goodwill. If Calculation of recoverable amount – The recoverable amount of an asset is the higher of its fair value less costs of disposal and value-in-use. value-in-use, pre-tax Recognition of impairment losses – An impairment loss is recognized in the consolidated statement of profit or loss and other comprehensive income whenever the carrying amount of an asset, or the CGU to which it belongs, exceeds its recoverable amount. Impairment losses recognized in respect of CGUs are allocated first to reduce the carrying amount of any goodwill allocated to the CGU and then, to reduce the carrying amount of the other assets in the CGU on a pro rata basis, except that the carrying amount of an asset will not be reduced below its individual fair value less costs of disposal, or value-in-use, Reversals 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 allowed to be 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 the consolidated statement of profit or loss and other comprehensive income in the period in which the reversals are recognized. For interim periods, the Group applies the same impairment testing, recognition, and reversal criteria as it would at the end of the financial year. Impairment losses recognized in an interim period in respect of goodwill are not reversed in a subsequent period. This is the case even if no loss, or a smaller loss, would have been recognized had the impairment been assessed only at the end of the financial year to which the interim period relates.
Finance costs	2.28. Finance costs Finance costs mainly consist of interest and other costs related to operating leases and borrowing of funds.
Share-based payments	2.29. Share-based payments Employees (including senior executives) of the Group receive remuneration in the form of share-based payments, whereby employees render services in exchange for equity instruments (equity-settled transactions). Equity-settled transactions The cost of equity-settled transactions is determined by the fair value at the date when the grant is made using an appropriate valuation model, further details of which are given in Note 2 9 Service and non-market non-vesting Non-vesting No expense is recognized for awards that do not ultimately vest because non-market non-vesting non-vesting When the terms of an equity-settled award are modified, the minimum expense recognized is the grant date fair value of the unmodified award, provided the original vesting terms of the award are met. An additional expense, measured as at the date of modification, is recognized for any modification that increases the total fair value of the share-based payment transaction, or is otherwise beneficial to the employee. Where an award is canceled by the entity or by the counterparty, any remaining element of the fair value of the award is expensed immediately through profit or loss. The dilutive effect of outstanding options is reflected as additional share dilution in the computation of diluted earnings per share.
Convenience translation	2.30. Convenience translation Amounts in U.S. dollars are presented for the convenience of the reader and are translated at the noon buying rate of RMB7.0999 per US$1.00 on December 29, 2023 as published on the website of the United States Federal Reserve Board. No representation is made that the RMB amounts could have been, or could be, converted into US$ at such rate.

Corporate information (Tables)

Corporate information (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Summary of Subsidiaries	The Company’s major subsidiaries as at December 31, 2022 and 2023 are set out below. The country of incorporation or registration is also their principal place of business. Name of entity Place of Date of Effective Principal activities 2022 2023 Subsidiaries Zhejiang Anji Intelligent Electronics Holding Co., Zhejiang, China December 24, 100% 100% Charging services revenues/Energy solutions revenues Qingdao Intelligent Electronics Co., Ltd. Shandong, China June 09, 2022 100% 100% Charging services revenues Sinopower Holdings International Co. Limited Hong Kong, China June 10, 2023 Nil 89.999% Energy solutions revenues

Material accounting policies (T

Material accounting policies (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Summary of Standard Amendments and Interpretations That Have Been Issued but Not Yet Effective	New standards, amendments to standards and interpretations that have been issued but not yet effective and have not been early adopted by the Group during the year ended December 31, 2023 are as follows: Amendments Effective for accounting periods Amendments to IFRS 1, Presentation of financial statements: Classification of liabilities as current or non-current January 1, 2024 Amendments to IFRS 1, Presentation of financial statements: Non-current January 1, 2024 Amendments to IFRS 16, Leases: Lease liability in a sale and leaseback January 1, 2024 Amendments to IFRS 7, Statement of cash flows and IFRS 7, Financial Instruments: Disclosures: Supplier finance arrangements January 1, 2024 Amendments to IFRS 21, The effects of changes in foreign exchange rates: Lack of exchangeability January 1, 2025
Summary of Useful Lives of Property Plant and Equipment	Depreciation is calculated using the straight-line method to allocate the cost of the assets, net of their residual values, over their estimated useful lives, as follows: – Electronic equipment 5 years – Furniture and office equipment 3 years
Summary of Intangible Assets with Indefinite Useful Life	The Group amortizes intangible assets with a limited useful life using the straight-line method over the following periods: – Computer software 5 years

Financial risk management and_2

Financial risk management and concentration risk (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Summary of maturity analysis for non-derivative financial liabilities	The table below analyzes the Group’s non-derivative Less than Between 1 Between 2 Total Carrying RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 At December 31, 2022 Trade payables 49,239 —  —  49,239 49,239 Financial liabilities including in other payables and accruals 21,282 —  —  21,282 21,282 Bank borrowings 39,440 21,350 495,235 556,025 503,155 Lease liabilities 7,522 5,751 4,004 17,277 16,180 117,483 27,101 499,239 643,823 589,856 At December 31, 2023 Trade payables 152,066 —  —  152,066 152,066 Financial liabilities including in other payables and accruals 119,962 —  —  119,962 119,962 Revenue-based financing 21,628 —  —  21,628 21,628 Bank borrowings 106,211 707,565 —  813,776 754,774 Lease liabilities 7,709 5,081 2,271 15,061 14,090 Convertible bonds 71,535 —  —  71,535 89,950 479,111 712,646 2,271 1,194,028 1,152,470
Summary of analysis of current ratio and liabilities to assets ratio	The Group monitors capital using gearing ratio. The following section sets out an analysis of gearing ratio, being total liabilities minus convertible bonds madantorily convertible to the Company’s equity, divided by total assets, for each of the year presented. As of December 31, 2022 2023 RMB’000 RMB’000 Total interest-bearing bank borrowings 503,155 754,774 Less: Cash and cash equivalents 513,351 436,242 Non-IFRS net debt (10,196 ) 318,532 Total equity 438,874 (43,605 ) Add: Convertible bonds mandatorily convertible to the Company’s equity —  112,615 Non-IFRS adjusted total equity 438,874 69,010 Total liabilities 667,061 1,508,704 Less: Convertible bonds mandatorily convertible to the Company’s equity —  112,615 Non-IFRS adjusted total liabilities 667,061 1,396,089 Total assets 1,105,935 1,465,099 Non-IFRS total liabilities to total assets ratio 0.60 0.95
Summary of fair value of financial instruments	The following table presents the Group’s financial instruments that are measured at fair value at December 31, 2022 and 2023: Level 1 Level 2 Level 3 Total RMB’000 RMB’000 RMB’000 RMB’000 At December 31, 2022 Assets: Financial assets at fair value through profit or loss —  —  11,753 11,753 Financial assets at fair value through other comprehensive income 129,060 —  —  129,060 At December 31, 2023 Assets: Financial assets at fair value through profit or loss —  —  104,952 104,952 Financial assets at fair value through other comprehensive income 104,970 —  —  104,970 Liabilities: Convertible bonds —  —  272,684 272,684
Summary of significant unobservable inputs used in fair value measurement of assets	The following table summarizes the quantitative information about the significant unobservable inputs used in recurring level 3 fair value measurements. Fair values as of Change of inputs at 2022 2023 Description RMB’000 RMB’000 Unobservable 2022 2023 Relationship of Investments in unlisted company 6,753 7,895 Expected volatility 52 % 26 % The higher the expected Discount for lack 20 % 3 % The higher the DLOM, Investments in unlisted company 5,000 10,114 Expected volatility 65 % 67 % The higher the expected Discount for lack 27 % 25 % The higher the DLOM, Convertible bonds —  272,684 Expected volatility NA Note 20 The higher the expected Prepaid shares repurchase instrument —  70,119 Expected volatility NA Note 14 The higher the expected volatility, the lower the fair value

Business combination (Tables)

Business combination (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about business combination [abstract]
Summary of Allocation of Fair Value of Assets and Liabilities as at Date of Acquisition and Analysis of Cash Flows	The allocation of fair value to the identifiable assets and liabilities of Sinopower as at the date of acquisition is as follows: Fair value Total cash consideration 43,567 Recognized amounts of identifiable assets acquired and liabilities assumed Cash and cash equivalents 9,519 Inventories, trade receivables and other current assets 34,455 Intangible assets 11,451 Other non-current 5,261 Total assets acquired 60,686 Interest-bearing bank borrowings (15,343 ) Trade payables, lease liabilities and other payables (41,215 ) Deferred tax liabilities (1,691 ) Total liabilities assumed (58,249 ) Net assets acquired 2,437 Non-controlling 608 Goodwill on acquisition 40,522
Summary of Analysis of the Cash Flows in Respect of the Acquisition	An analysis of the cash flows in respect of the acquisition of Sinopower is as follows: RMB’000 Total cash consideration (43,567 ) Cash and cash equivalents 9,519 Net cash paid for acquisition of a subsidiary included in cash flows from investing activities (34,048 )

Cash and cash equivalents (Tabl

Cash and cash equivalents (Tables)	12 Months Ended
	Dec. 31, 2023
Cash and cash equivalents [abstract]
Summary of Detailed Information of Cash and Cash Equivalents	As of December 31, 2022 2023 RMB’000 RMB’000 Cash at bank 512,453 432,892 Deposits held at licensed payment platforms 898 3,350 Total 513,351 436,242

Trade receivables (Tables)

Trade receivables (Tables)	12 Months Ended
	Dec. 31, 2023
Trade and other receivables [abstract]
Summary of Trade receivables	As of December 31, 2022 2023 RMB’000 RMB’000 Trade receivables 152,256 133,657 Provision on impairment (22,252 ) (60,513 ) Total 130,004 73,144
Summary of Aging Analysis of Trade Receivables	The following is an aging analysis of trade receivables presented based on the invoice date at the end of each reporting period, which approximated the respective revenue recognition dates. As of December 31, 2022 2023 RMB’000 RMB’000 0 – 90 days 124,736 29,865 91 – 180 days 1,029 17,331 181 – 365 days 10,480 26,216 1 – 2 years 14,852 52,100 2 – 3 years 1,159 7,843 Over 3 years —  302 Total 152,256 133,657
Summary of Of loss allowance for trade receivables	The movement in the expected credit loss allowance for trade receivables during the years indicated are as follows: As of December 31, 2022 2023 RMB’000 RMB’000 Beginning of the year 2,470 22,252 Arising from business combination —  105 Provision for expected credit loss, net 19,782 38,156 End of the year 22,252 60,513
Summary of impairment	The ECL as of December 31, 2022 and 2023 was determined as follows: Within 1 1-2 2-3 Over 3 As of December 31, 2022: Expected credit loss rate 6.4 % 11.9 % 84.0 % —  Gross carrying amount (RMB’000) 133,353 5,903 272 —  Allowance of expected credit loss (RMB’000) 8,595 701 228 —  As of December 31, 2023: Expected credit loss rate 9.6 % 20.8 % 55.3 % — Gross carrying amount (RMB’000) 71,938 9,994 371 —  Allowance of expected credit loss (RMB’000) 6,879 2,076 205 —

Contract assets (Tables)

Contract assets (Tables)	12 Months Ended
	Dec. 31, 2023
Contract Assets Performance [Abstract]
Disclosure Of Contract Assets Performance Explanatory	As of December 31, 2022 2023 RMB’000 RMB’000 Arising from performance under construction contracts —  88,637 Provision on impairment —  (10,953 ) Total —  77,684
Disclosure Of Expected Credit Loss Explanatory	The ECL as of December 31, 2023 was determined as follows: Within 1 1-2 2-3 Over 3 As of December 31, 2023: Expected credit loss rate 9.6 % —  —  —  Gross carrying amount (RMB’000) 85,902 —  —  —  Allowance of expected credit loss (RMB’000) 8,218 —   —   —

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure Of Inventories [Abstract]
Disclosure Of Inventories	As of December 31, 2022 2023 RMB’000 RMB’000 Work in progress —  4,798 Finished goods —  17,660 Total —   22,458

Prepayments, other receivable_2

Prepayments, other receivables and other assets (Tables)	12 Months Ended
	Dec. 31, 2023
Prepayments and accrued income other than contract assets [abstract]
Summary of Detailed Information About Prepayments Other Receivables and Other Assets	The detail information of prepayments, other receivables and other assets for the years ended December 31, 2022 and 2023 is as below: As of December 31, 2022 2023 RMB’000 RMB’000 Prepayments to charging stations 220,510 110,766 Prepayments for chargers procurement 35,519 55,983 Prepayment for rental, facility and utilities 3,166 57,681 Miscellaneous prepayments 1,583 7,136 Value-added tax deductible 2,628 59,011 Amount due from related parties (Note 33) —   27,703 Others 24,029 118,097 Total 287,435 436,377

Financial instruments by cate_2

Financial instruments by category (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Summary of Detailed Information of Category of Financial Instruments	The detail information of financial instruments by category during the years ended December 31, 2022 and 2023 is as below: As of December 31, 2022 2023 RMB’000 RMB’000 Assets as per statement of financial position Financial assets measured at fair value: —Financial assets at fair value through profit or loss 11,753 104,952 —Financial assets at fair value through other comprehensive income 129,060 104,970 140,813 209,922 Financial assets measured at amortized costs: —Trade receivables 130,004 73,144 —Financial assets including in other receivables and deposits 24,028 137,801 —Other financial assets —  128,616 —Cash and cash equivalents 513,351 436,242 667,383 775,803 Total 808,196 985,725 As of December 31, 2022 2023 RMB’000 RMB’000 Liabilities as per statement of financial position Financial liabilities measured at fair value: — Convertible bonds —   272,684 Financial liabilities measured at amortized cost: — Interest-bearing bank borrowings 503,155 754,774 — Trade payables 49,239 152,066 — Financial liabilities including in other payables and accruals 21,282 119,962 — Revenue-based financing —   21,628 — Lease liabilities 16,180 14,090 589,856 1,062,520 Total 589,856 1,335,204

Intangible assets, net (Tables)

Intangible assets, net (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about intangible assets [abstract]
Summary of Intangible Assets, Net	As of December 31, 2022 2023 RMB’000 RMB’000 Software 1,000 3,717 Customer contracts —  11,328 Total cost 1,000 15,045 Less: Accumulated amortization (167 ) (1,725 ) Intangible assets, net 833 13,320

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Summary of Right-of-use Assets	The carrying amounts of right-of-use Office Charging Total RMB’000 RMB’000 RMB’000 Year ended December 31, 2022 Opening net book amount 13,790 5,976 19,766 Additions 3,154 4,109 7,263 Depreciation charge (4,386 ) (4,833 ) (9,219 ) Revision of a lease term arising from a change in the non-cancellable —  (780 ) (780 ) Closing net book amount 12,558 4,472 17,030 As of December 31, 2022 Cost 27,505 10,828 38,333 Accumulated depreciation (14,947 ) (6,356 ) (21,303 ) Net book value 12,558 4,472 17,030 Year ended December 31, 2023 Opening net book amount 12,558 4,472 17,030 Arising from business combination 5,018 —  5,018 Additions 3,725 791 4,516 Depreciation charge (5,532 ) (2,628 ) (8,160 ) Disposals (3,538 ) (840 ) (4,378 ) Revision of a lease term arising from a change in the non-cancellable —  —  —  Closing net book amount 12,231 1,795 14,026 As of December 31, 2023 Cost 34,921 10,779 45,700 Accumulated depreciation (22,690 ) (8,984 ) (31,674 ) Net book value 12,231 1,795 14,026
Summary of Lease Items Recognized in Combined Statements Of Financial Position	(a) Items recognized in the consolidated statements of financial position As of December 31, 2022 2023 RMB’000 RMB’000 Right-of-use Office buildings 12,558 12,231 Charging stations 4,472 1,795 Total 17,030 14,026 As of December 31, 2022 2023 RMB’000 RMB’000 Lease liabilities Current 6,853 7,154 Non-current 9,327 6,936 Total 16,180 14,090
Summary of Lease Items Recognized in Combined Statements Of Loss And Other Comprehensive Loss	The consolidated statements of profit or loss and other comprehensive loss shows the following amounts relating to leases: As of December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Depreciation charge of right-of-use Office buildings 4,523 4,386 5,532 Charging stations 1,992 4,833 2,628 Interest expense (included in finance costs) 1,097 1,089 783 Expense relating to short-term leases not included in lease liabilities (included in cost of revenues, selling and marketing expenses, administrative expenses and research and development expenses) 3,837 9,739 16,732 Total 11,449 20,047 25,675
Summary of Cash Out Flows in Financing Activity for Leases	The total cash outflows in financing activities for leases during the years ended December 31, 2021, As of December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Principal elements of lease payments 1,881 6,834 7,231 Related interest paid 193 388 714 Total 2,074 7,222 7,945
Summary of carrying amounts of lease liabilities and the movements	(c) Set out below are the carrying amounts of lease liabilities and the movements during the period: Office Charging Total RMB’000 RMB’000 RMB’000 Beginning at January 1, 2022 13,902 5,731 19,633 New leases 3,154 4,109 7,263 Accretion of interest recognized during the year 793 296 1,089 Payments (5,230 ) (5,778 ) (11,008 ) Revision of a lease term arising from a change in the non-cancellable —  (797 ) (797 ) Year ended December 31, 2022 12,619 3,561 16,180 Arising from business combination 5,289 —  5,289 New leases 3,725 791 4,516 Accretion of interest recognized during the year 678 105 783 Payments (6,049 ) (1,896 ) (7,945 ) Disposals (3,849 ) (884 ) (4,733 ) Year ended December 31, 2023 12,413 1,677 14,090

Financial assets at fair valu_2

Financial assets at fair value through profit or loss (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Disclosure Of Financial Assets At Fair Value Through Profit Or Loss Explanatory	As of December 31, 2022 2023 RMB’000 RMB’000 Current assets Investment —  45 Prepaid shares repurchase instrument (note ii) —  70,119 Total —  70,164 Non-current Insurance and Financial management —  2,862 Investment (note i) 11,753 31,926 Total 11,753 34,788 (i) Investment
Disclosure At FVTPL During the Years	The following table presents the movement of financial assets at FVTPL during the years. As of December 31, 2022 2023 RMB’000 RMB’000 At the beginning of the year 5,000 11,753 Additions 5,000 207,941 Fair value change 1,753 (87,519 ) Arising from business combination —  3,238 Disposal —  (30,461 ) At the end of the year 11,753 104,952
Disclosure Valuation Of The Prepaid Shares Repurchase Instrument	The following table lists the inputs to the model used for the valuation of the prepaid shares repurchase instrument for the year ended December 31, 2023: Model used Binomial Expected volatility (%) 70.36% - 75.03% Risk–free interest rate (%) 5.08% - 5.24% Bond Maturity 0.51 - 0.68 Weighted average share price US$1.52

Financial asset at fair value_2

Financial asset at fair value through other comprehensive income (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of financial assets [abstract]
Summary of Investment	As of December 31, 2022 2023 RMB’000 RMB’000 Investment (note i) 129,060 104,970 (i) Investment
Summary of ordinary shares without significant influence	The Group invested in an investee company in the form of publicly traded ordinary shares without obtaining significant influence and such investment is managed on fair value. In 2023, the Group received cash dividend of RMB4.3 million from the investee company. As of December 31, 2022 2023 RMB’000 RMB’000 At the beginning of the year —  129,060 Additions 139,203 —  Fair value change (10,143 ) (24,090 ) At the end of the year 129,060 104,970

Property, plant and equipment (

Property, plant and equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about property, plant and equipment [abstract]
Summary of detailed information about property, plant and equipment	Electronic RMB’000 At January 1, 2023 Cost 2,868 Accumulated depreciation (268 ) Net carrying amount 2,600 At January 1, 2023, net of accumulated depreciation 2,600 Additions 2,778 Arising from business combination 186 Depreciation provided during the year (1,186 ) At December 31, 2023, net of accumulated depreciation 4,378 At December 31, 2023 Cost 6,199 Accumulated depreciation (1,821 ) Net carrying amount 4,378

Interest-bearing bank borrowi_2

Interest-bearing bank borrowings (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about borrowings [abstract]
Disclosure of detailed information about borrowings	As of December 31, 2022 2023 RMB’000 RMB’000 Current interest-bearing bank borrowings 38,000 72,953 Non-current 465,155 681,821 Total interest-bearing bank borrowings (Note 30(b)) 503,155 754,774

Trade payables (Tables)

Trade payables (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of trade and other payables [Abstract]
Disclosure of trade payables	As of December 31, 2022 2023 RMB’000 RMB’000 Payables for charging services 38,943 69,129 Payables for energy solutions 10,296 82,937 Total 49,239 152,066

Other payables and accruals (Ta

Other payables and accruals (Tables)	12 Months Ended
	Dec. 31, 2023
Trade and other payables [abstract]
Schedule Of Other Payables And Accruals	As of December 31, 2022 2023 RMB’000 RMB’000 Contract liabilities (Note i) 33,543 101,053 Employee benefit payables 21,155 44,589 Accrued expenses 20,376 114,606 Other taxes payable 5,855 5,771 Revenue-based financing —  21,628 Others 906 5,356 Total 81,835 293,003 The Group obtained revenue-based financing from a third-party where the Group receives capital to fund the costs of full operation model charging stations in exchange for agreed portion of the Group’s daily revenue from the relevant stations for a fixed period. The Group is not obliged to repay any minimum or fixed amount of capital under such arrangements. (i) Details of contract liabilities are as follows: As of December 31, 2022 2023 RMB’000 RMB’000 Advances received from customer to purchase energy solutions 3,869 51,926 Advances received from customers for c 24,585 32,446 Advances from platform users 2,185 12,682 Deferred income 1,974 3,342 Others 930 657 Total 33,543 101,053 Advances received from customers for charging services discount packages mainly are receivable from VIP membership and coupon sales, customer advances. The increase of contract liabilities in 2023 was mainly due to customer advances collected form energy solutions sales and the increase of balance of unutilized VIP membership and coupons.
Disclosure of Detailed Information About Revenue Recognized	Set out below is the amount of revenue recognized from: As of December 31, 2022 2023 RMB’000 RMB’000 Amount included in contract liabilities at the beginning of the year 5,365 33,543

Convertible bonds (Tables)

Convertible bonds (Tables)	12 Months Ended
	Dec. 31, 2023
Convertible Bonds [Abstract]
Summary Of Convertible Note During The Reporting Period	The movements of convertible bonds during the reporting periods presented are set out as below: As of December 31, 2022 2023 RMB’000 RMB’000 At the beginning of the year —  —  New issuance —  474,117 Fair value change —  116,520 Conversion to shares (Note 21) —  (319,335 ) Foreign exchange movement —  1,382 At the end of the year —  272,684
Summary Of Fair Value Of The Convertible Note Valuation Of The Share Option Explanatory	The fair value of the convertible bonds was determined using the binomial option valuation model, with the assistance from a third-party appraiser. The following table lists the inputs to the models used for the valuation of the convertible bonds for the year ended December 31, 2023: Model used Binomial Expected volatility (%) 70.36% - 78.64% Risk–free interest rate (%) 5.08% - 5.49% Bond Maturity 0.51 - 0.94 Weighted average share price US$1.52 - US$6.63

Share capital and additional _2

Share capital and additional paid in capital (Tables)	12 Months Ended
	Dec. 31, 2023
Information On Combined Capital And Additional Paid In Capital [Abstract]
Summary Of Changes In Combined Capital And Additional Paid In Capital	Number of shares Nominal Combined Subscription Additional Total USD RMB’000 RMB’000 RMB’000 RMB’000 At January 1, 2022 (note i) 500 1 —  — 423,329 423,329 Subdivision of shares (note ii) 4,500 —  —  —  —  —  Stock dividend to the controlling shareholder (note ii) 49,995,000 5,000 32 —  (32 ) —  Conversion of preferred shares to shares (note iii) 326,976,779 3,269,768 21,905 —  3,712,984 3,734,889 Recapitalization upon the Merger (note ii) 1,597,547,772 16,470,477 110,343 —  (110,343 ) —  Deemed issuance of shares upon the Merger transaction 161,713,040 1,617,130 10,226 —  1,881,758 1,891,984 Issuance of shares (note iv) 57,570,524 575,705 4,005 —  204,690 208,695 Exercise of option 3,170,010 31,700 219 —  5,203 5,422 Contribution from the controlling shareholder (Note 33) —  —  —  —  27,179 27,179 Share-based payments from the Company (Note 29) —  —  —  —  195,669 195,669 Share-based payments from the controlling shareholder (Note 29) —  —  —  —  18,163 18,163 At December 31, 2022 2,196,978,125 21,969,781 146,730 —  6,358,600 6,505,330 At January 1, 2023 2,196,978,125 21,969,781 146,730 —  6,358,600 6,505,330 Issuance of shares (note iv) 101,000,000 1,010,000 7,175 (4,696 ) 146,532 149,011 Transaction cost related to issuance of shares —  —  —  —  (18,285 ) (18,285 ) Share-based payments from the Company (Note 29) —  —  —  —  393,825 393,825 Share-based payments from the controlling shareholder (Note 29) —  —  —  —  5,251 5,251 Conversion of convertible bonds to shares (note v) 108,760,310 1,087,603 7,807 —  311,528 319,335 Exercise of option 48,463,868 484,639 3,471 —  (1,110 ) 2,361 At December 31, 2023 2,455,202,303 24,552,023 165,183 (4,696 ) 7,196,341 7,356,828 Notes: (i) In July 2019, 100 ordinary shares of Dada were allotted and issued to the controlling shareholder, of par value US$0.001.   In November 2020, 400 ordinary shares of Dada were allotted and issued to the controlling shareholder, which is effectively a 1-to-5 (ii) In January 2022, each existing issued and unissued share of par value US$0.001 each in the share capital of Dada was subdivided into 10 shares of par value US$0.0001.   In January 2022, 49,995,000 ordinary shares of Dada were allotted and issued to the controlling shareholder, which is effectively a 1-to-10,000   Upon the Merger, each existing issued and unissued share of par value US$0.0001 each in the share capital of Dada was cance l   The above events mentioned in note (ii) are collectively referred as the “Share Subdivision”. 2 (iii) In January and March 2022, the Group issued convertible redeemable preferred shares of Dada for a total cash consideration of RMB556.4 million. The convertible redeemable preferred shares were automatically converted to ordinary shares of Dada in June 2022. (iv) In December 2022, an institution al   In May 2023, the Company issued 35,000,000 Class A ordinary shares of US$0.6 each in a private placement. These new shares were issued under the general mandate granted to the directors of the Company at the annual general meeting of the Company held on May 19, 2023 and rank pari passu with other shares in issue in all respects.   In November 2023, the Company issued Class A ordinary shares, equivalent to share capital of million, for which subscription receivable was approximately R 4.7 million as at December 31, 2023. (v) In August 2023, September 2023, October 2023 and November 2023, the Company issued 108,760,310 Class A ordinary shares upon the conversion of certain convertible bonds issued to LMR in aggregate (Note 20). (vi) The Company’s ordinary shares are divided into Class A ordinary shares, Class B ordinary shares and Class C ordinary shares. Holders of our Class A ordinary shares, Class B ordinary shares and Class C ordinary shares have the same rights, preferences and restrictions except for voting and conversion rights.

Revenues (Tables)

Revenues (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Disclosure of detailed information about revenue explanatory	Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Charging services revenues 29,607 82,590 129,107 Energy solutions revenues 2,989 8,115 187,260 New initiatives revenues 857 2,109 3,711 Total revenues 33,453 92,814 320,078
Disclosure of timing of revenue recognition	Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Timing of revenue recognition Goods and services transferred at a point in time 33,453 92,814 162,333 Goods and services transferred over time —  —  157,745 Total revenues 33,453 92,814 320,078

Other gains, net (Tables)

Other gains, net (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Disclosure of detailed information about other gains losses net explanatory	Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Non-operating 138 7,617 24,805 Non-operating —  (300 ) (334 ) Total 138 7,317 24,471

Operating costs and expenses _2

Operating costs and expenses by nature (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Summary of detailed information about operating costs by nature explanatory	Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Equity-settled listing costs —  1,912,693 —  Employee benefit expenses 112,102 341,608 654,617 Professional service fee 8,787 66,657 144,948 Market incentives for charging service 105,939 120,461 231,121 Promotion and advertising 17,925 24,844 42,665 Costs of energy solutions revenues —  —  146,401 Costs of charging services revenues 7,965 21,936 21,167 Traveling, entertainment and general office expenses 7,640 15,879 27,975 Rental, facility and utilities 4,277 12,500 26,264 Depreciation of right-of-use 6,515 9,219 8,160 Depreciation of property, plant and equipment 58 210 1,186 Amortization of intangible assets —  167 1,558 Bandwidth expenses and server custody costs 4,331 4,914 3,585 Payment processing cost 3,893 2,427 1,067 Impairment loss on financial assets and other items under expected credit loss model 6,964 22,042 74,728 Provision for inventories loss —  —  14,409 Others 1,242 5,058 11,063 Total operating costs and expenses 287,638 2,560,615 1,410,914

Finance costs (Tables)

Finance costs (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Summary of detailed information about finance income expense explanatory	Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Interest expense from bank borrowings —  9,149 31,480 Interest expense from lease liabilities 1,097 1,089 783 Others —  37 697 Finance costs 1,097 10,275 32,960

Taxation (Tables)

Taxation (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Disclosure of reconciliation of income tax (expenses)benefits	The income tax expenses of the Group during the years ended December 31, 2021, 2022 and 2023 are analyzed as follows: Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Current income tax 5,318 9,423 2,980 Deferred income tax —  438 806 Total income tax expense 5,318 9,861 3,786 Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Loss before income tax (255,144 ) (5,627,504 ) (1,303,364 ) Tax calculated at statutory income tax rate of 25% in mainland China (63,786 ) (1,406,876 ) (325,841 ) Tax effects of: Effect of differing tax rates in different jurisdictions —  1,272,471 65,790 Expenses not deductible for income tax purposes 1,069 137,862 122,634 Effect of deductible temporary differences not recognized —  —  23,771 Effect of tax loss not recognized 68,035 37,283 140,493 Effect of tax exemptions — — (456 ) Utilization of tax loss previously not recognized —  (30,879 ) (1,660 ) Utilization of deductible temporary differences previously not recognized —  —  (17,657 ) Others —  —  (3,288 ) 5,318 9,861 3,786

Loss per share (Tables)

Loss per share (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Earnings per share	The weighted average number of ordinary shares for the purpose of basic and diluted loss per share for the years ended December 31, 2021 and 2022 were retrospectively adjusted to reflect the Share Subdivision described in Note 21. Year ended December 31, 2021 2022 2023 Net loss attributable to equity holders of the Company (RMB’000) 260,462 5,637,365 1,306,913 Weighted average number of ordinary shares in issue 1,647,547,772 1,927,746,700 2,259,760,407 Basic loss per share (RMB per share) 0.16 2.92 0.58

Share-based payments (Tables)

Share-based payments (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of terms and conditions of share-based payment arrangement [line items]
Disclosure of Number and Weighted Average Exercise Prices of Share Options	The following table illustrates the number and weighted average exercise prices of, and movements in the New 2022 Share Incentive Plan during the year s Number of Weighted US$ Awarded and unvested as of December 31, 2021 —  N/A Assumed from 2022 Share Incentive Plan 207,871,928 0.00 * Granted 2,399,810 0.15 Forfeited (157,310 ) 0.01 Exercised —  N/A Outstanding as of December 31,2022 210,114,428 0.00 * Exercisable as of 31 104,527,155 0.00 * Number of Weighted US$ Outstanding as of December 31, 2022 210,114,428 0.00 * Granted 199,457,890 0.08 Forfeited (27,590,368 ) 0.10 Exercised (48,463,868 ) 0.01 Outstanding as of December 31,2023 333,518,082 0.04 Exercisable as of 31 December 2023 204,896,622 0.00 * * Representing amount less than US$0.005.
Disclosure of Detailed Information About Models Used for the Valuation of the Share Options	The following tables list the inputs to the models used for the valuation of the share options for the year ended December 31, 2023: Binomial Monte Carlo Weighted average fair values at the measurement date $ 0.46 $ 0.23-$0.58 Expected volatility (%) 66.48% - 67.66% 61.07% - 61.16% Risk–free interest rate (%) 3.48% - 4.59% 3.76% - 3.82% Expected life of share options (years) 9.85 8.72 - 8.75 Weighted average share price $ 0.52 $ 0.59
Disclosure of Detailed Information Expense from Share Based Payment Transactions	For the years ended December 31, 2021, 2022 and 2023, the Group allocated share based compensation expense as follows: 2021 2022 2023 RMB’000 RMB’000 RMB’000 Cost of revenues 82 5,322 8,895 Selling and marketing expenses 3,896 27,846 63,766 Administrative expenses 6,323 170,145 316,762 Research and development expenses 487 10,519 9,653 Total 10,788 213,832 399,076
Dada Share Incentive Plans [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Disclosure of Number and Weighted Average Exercise Prices of Share Options	The following table illustrates the number and weighted average exercise prices of, and movements in, the 2022 Share Incentive Plan during the year ended December 31, 2022: Number of Weighted US$ Awarded and unvested as of December 31, 2021 —  N/A Granted 228,189,750 0.00 * Forfeited (20,317,822 ) 0.00 * Exercised —  N/A Carried over to New 2022 Share Incentive Plans 207,871,928 0.00 * Outstanding as of December 31,2022 —  N/A * Representing amount less than US$0.005.
Disclosure of Detailed Information About Models Used for the Valuation of the Share Options	The following tables list the inputs to the models used for the valuation of the share options for the year ended December 31, 2022: Model used Binomial Monte Carlo Weighted average fair values at the measurement date $ 0.27 $ 0.03 Expected volatility (%) 64.78% - 67.38% 63.11% Risk–free interest rate (%) 1.81% - 3.72% 2.14% Expected life of share options (years) 10 9.13 9.53 Weighted average share price $ 0.28 $ 0.24
Newlink Share Incentive Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Disclosure of Number and Weighted Average Exercise Prices of Share Options	The following table illustrates the number and weighted average exercise prices of, and movements in, the NewLink 2020 Share Incentive Plan during the years ended December 31, 2022 and 2023: 2022 2022 2023 2023 Number of Weighted average Number of Weighted average US$ US$ Outstanding as of January 1 3,310,722 0.00 * 3,856,621 0.08 Granted 932,000 0.32 103,610 0.00 Forfeited (386,101 ) 0.00 * (711,985 ) 0.42 Exercised —  N/A —  N/A Outstanding as of December 31 3,856,621 0.08 3,248,246 0.00 Exercisable as of December 31 1,781,120 0.00 * 2,426,789 0.00 * Representing amount less than US$0.005.

Cash flow information (Tables)

Cash flow information (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of Cash used in operation Abstract [Abstract]
Disclosure of cash used in operation explanatory [table text block]	(a) Cash used in operation Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Loss before income tax (255,144 ) (5,627,504 ) (1,303,364 ) Adjustments for: Depreciation of property, plant and equipment (Note 16) 58 210 1,186 Amortization of intangible assets and other non-current —  167 7,681 Depreciation of right-of-use 6,515 9,219 8,160 - financial assets and other items under expected credit loss model 3,205 20,587 72,931 - other financial assets —  —  1,797 Provision for inventories loss —  —  14,409 Equity-settled listing cost —  1,912,693 —  Fair value change loss, net —  3,156,745 204,039 Non-cash—share 10,788 213,832 399,076 Interest income —  (4,826 ) (5,239 ) Interest expense (Note 2 6 1,097 10,238 32,960 Investment income —  —  (9,397 ) Increase in trade receivables and contract assets (33,632 ) (111,330 ) (66,483 ) Increase in prepayments, other receivables and other assets (59,178 ) (182,408 ) (168,447 ) Increase/(decrease) in trade and other payables 101,097 (7,164 ) 220,930 Increase in contract liabilities 6,080 24,019 56,121 Increase in inventories —  —  (36,842 ) Cash used in operations (219,114 ) (585,522 ) (570,482 ) Interest received —  4,826 5,239 Net cash used in operating activities (219,114 ) (580,696 ) (565,243 )
Summary of reconciliation of liabilities arising from financing activities explanatory	The table below details changes in the Group’s liabilities from financing activities, including both cash and non-cash Interest- Interest Lease Total RMB’000 RMB’000 RMB’000 RMB’000 (note 1 7 (note 1 3 At January 1, 2022 —  —  19,633 19,633 Changes from financing cash flows 503,155 (8,734 ) (11,008 ) 483,413 New leases —  7,263 7,263 Revision of a lease term arising from a change in the non-cancellable (797 ) (797 ) Interest expenses —  9,149 1,089 10,238 At December 31, 2022 503,155 415 16,180 519,750 Interest- Interest Lease Convertible Revenue-Based Total RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 (note 1 7 (note 1 3 (note 20) (note 19) At January 1, 2023 503,155 415 16,180 —  —  519,750 Changes from financing cash flows 236,453 (30,817 ) (7,945 ) 474,117 20,931 692,739 New leases —  —  4,516 —  —  4,516 Interest expenses —  31,480 783 —  697 32,960 Increase arising from business combination 15,166 —  5,289 —  —  20,455 Changes in fair values —  —  —  116,520 —  116,520 Conversion of convertible bonds to share capital —  —  —  (319,335 ) —  (319,335 ) Disposal —  —  (4,733 ) —  —  (4,733 ) Foreign exchange movement —  —  — 1,382 —  1,382 At December 31, 2023 754,774 1,078 14,090 272,684 21,628 1,064,254

Commitments (Tables)

Commitments (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Disclosure of maturity analysis of service commitments explanatory	The future aggregate minimum lease payments under short-term leases exempted to be recognized as lease liabilities are as follows: Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Within one year 5,645 3,530 4,618 Total 5,645 3,530 4,618

Related party transactions (Tab

Related party transactions (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Summary of name and relationship with related parties	(a) Name and relationship with related parties Name of related parties Relationship with the Group NewLink Controlling Shareholder Shenzhen Yuanwanghechu Technology Co., Ltd Significantly influenced by the Controlling Shareholder Huzhou Zhidianlaile New Energy Technology Co., Ltd Significantly influenced by the Company
Summary of other transactions between related parties	For the year ended Sales to related RMB’000 Energy solution services Shenzhen Yuanwanghechu Technology Co., 74,460 Huzhou Zhidianlaile New Energy Technology Co., 690 Total 75,150
Summary of balances with related parties	(e) Balances with related parties As of RMB’000 Included in trade receivables Shenzhen Yuanwanghechu Technology Co., Ltd 7,711 Huzhou Zhidianlaile New Energy Technology Co., Ltd 27 7,738 Allowance for expected credit loss (335 ) 7,403 Included in amount due from related parties (Note 10) New L 18,838 Shenzhen Yuanwanghechu Technology Co., Ltd 8,865 27,703 Included in c Shenzhen Yuanwanghechu Technology Co., Ltd 26,125
Disclosure of transactions between related parties	The following table sets forth information regarding our directors and executive officers for the years ended December 31, 2021, 2022 and 2023. Year ended December 31, 2021 2022 2023 RMB’000 RMB’000 RMB’000 Short-term employee benefits 2,692 2,694 7,468 Share-based compensation —  123,383 229,542 2,692 126,077 237,010

Corporate information - Summary

Corporate information - Summary of Subsidiaries (Detail)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Zhejiang Anji Intelligent Electronics Holding Co., Ltd. [Member]
Disclosure of subsidiaries [line items]
Name of entity	Zhejiang Anji Intelligent Electronics Holding Co., Ltd.
Place of incorporated	Zhejiang, China
Date of incorporation/ establishment	Dec. 24, 2021
Effective interest held upon completion of reorganization	100%	100%
Principal activities	Charging services revenues/Energy solutions revenues
Qingdao Intelligent Electronics Technology Co Ltd [Member]
Disclosure of subsidiaries [line items]
Name of entity	Qingdao Intelligent Electronics Co., Ltd.
Place of incorporated	Shandong, China
Date of incorporation/ establishment	Jun. 09, 2022
Effective interest held upon completion of reorganization	100%	100%
Principal activities	Charging services revenues
Sinopower Holdings International Co. Limited [Member]
Disclosure of subsidiaries [line items]
Name of entity	Sinopower Holdings International Co. Limited
Place of incorporated	Hong Kong, China
Date of incorporation/ establishment	Jun. 10, 2023
Effective interest held upon completion of reorganization	89.999%
Principal activities	Energy solutions revenues

Corporate information - Additio

Corporate information - Additional Information (Detail) ¥ in Thousands, $ in Millions			1 Months Ended	12 Months Ended
	Apr. 01, 2022	Mar. 01, 2022	Sep. 30, 2021	Dec. 31, 2023 CNY (¥)	Jun. 20, 2023 CNY (¥)	Jun. 20, 2023 USD ($)	Jun. 10, 2022 shares	Apr. 06, 2022
Disclosure Of General Information About Financial Statements [Line Items]
Consideration transferred, acquisition-date fair value					¥ 43,567	$ 6.1
Identifiable assets acquired (liabilities assumed)					¥ 2,437
RISE [Member]
Disclosure Of General Information About Financial Statements [Line Items]
Consideration transferred, acquisition-date fair value				¥ 1,892,000
Identifiable assets acquired (liabilities assumed)				21,000
Combined Entity [Member]
Disclosure Of General Information About Financial Statements [Line Items]
Amounts recognised for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination				¥ 1,913,000
Combined Entity [Member] | Dada [Member]
Disclosure Of General Information About Financial Statements [Line Items]
Percentage of voting equity interests acquired							93%
Combined Entity [Member] | RISE [Member]
Disclosure Of General Information About Financial Statements [Line Items]
Percentage of voting equity interests acquired							7%
Number of instruments or interests issued or issuable | shares							165,791,964
Kuaidian Power Beijing [Member]
Disclosure Of General Information About Financial Statements [Line Items]
Percentage of voting equity interests acquired								100%
Sinopowe Holdings International Co Limited [Member]
Disclosure Of General Information About Financial Statements [Line Items]
Percentage of voting equity interests acquired					89.999%	89.999%
NAAS Newlink Technology Limited [Member] | Ordinary shares [member]
Disclosure Of General Information About Financial Statements [Line Items]
Proportion of ownership interest in subsidiary				65.50%
Beijing Chezhubang
Disclosure Of General Information About Financial Statements [Line Items]
Proportion of ownership interest in subsidiary		100%
Cosmo Light | Acquisition Of Equity Interests In Subsdiary
Disclosure Of General Information About Financial Statements [Line Items]
Proportion of ownership interest in subsidiary		100%
QHM New Energy | Acquisition Of Equity Interests In Subsdiary
Disclosure Of General Information About Financial Statements [Line Items]
Proportion of ownership interest in subsidiary		100%
XXND Automobile | Acquisition Of Equity Interests In Subsdiary
Disclosure Of General Information About Financial Statements [Line Items]
Proportion of ownership interest in subsidiary		80%
Kuaidian Power Beijing [Member] | Acquisition Of Equity Interests In Subsdiary
Disclosure Of General Information About Financial Statements [Line Items]
Proportion of ownership interest in subsidiary	100%
Anji Zhidian | Beijing Chezhubang
Disclosure Of General Information About Financial Statements [Line Items]
Proportion of ownership interest in subsidiary		100%
Shaanxi Kuaidian | Beijing Chezhubang
Disclosure Of General Information About Financial Statements [Line Items]
Proportion of ownership interest in subsidiary			100%

Material accounting policies -

Material accounting policies - Summary of Standard Amendments and Interpretations That Have Been Issued But Not Yet Effective (Detail)	12 Months Ended
	Dec. 31, 2023
Amendments to IFRS 1, Presentation of financial statements: Classification of liabilities as current or non-current ("2020 amendments")
Disclosure Of Detailed Information About Standards Amendments And Interpretations That Have Been Issued But Not Yet Effective [Line Items]
Effective for annual periods beginning on or after	January 1, 2024
Amendments to IFRS 1, Presentation of financial statements: Non-current liabilities with covenants ("2022 amendments")
Disclosure Of Detailed Information About Standards Amendments And Interpretations That Have Been Issued But Not Yet Effective [Line Items]
Effective for annual periods beginning on or after	January 1, 2024
Amendments to IFRS 16, Leases: Lease liability in a sale and leaseback
Disclosure Of Detailed Information About Standards Amendments And Interpretations That Have Been Issued But Not Yet Effective [Line Items]
Effective for annual periods beginning on or after	January 1, 2024
Amendments to IFRS 7, Statement of cash flows and IFRS 7, Financial Instruments: Disclosures: Supplier finance arrangements
Disclosure Of Detailed Information About Standards Amendments And Interpretations That Have Been Issued But Not Yet Effective [Line Items]
Effective for annual periods beginning on or after	January 1, 2024
Amendments to IFRS 21, The effects of changes in foreign exchange rates: Lack of exchangeability
Disclosure Of Detailed Information About Standards Amendments And Interpretations That Have Been Issued But Not Yet Effective [Line Items]
Effective for annual periods beginning on or after	January 1, 2025

Material accounting policies _2

Material accounting policies - Summary of Useful Lives of Property Plant and Equipment (Detail)	12 Months Ended
	Dec. 31, 2023
Electronic equipment
Disclosure In Tabular Form Of Useful Lives Of Property Plant And Equipment [Line Items]
Useful life measured as period of time, property, plant and equipment	5 years
Furniture and office equipment
Disclosure In Tabular Form Of Useful Lives Of Property Plant And Equipment [Line Items]
Useful life measured as period of time, property, plant and equipment	3 years

Material accounting policies _3

Material accounting policies - Summary of Intangible Assets with Indefinite Useful Life (Detail)	12 Months Ended
	Dec. 31, 2023
Computer software [member]
Disclosure of intangible assets with indefinite useful life [line items]
Useful life measured as period of time, intangible assets other than goodwill	5 years

Material accounting policies _4

Material accounting policies - Additional Information (Detail) ¥ in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)
Summary of Significant Accounting Polices [Line Items]
Lease Term	12 months	12 months
Foreign currency translation	¥ 6.4	$ 0.9	¥ 25.1
Current advance from contract liabilities	101.1		33.5
Subsidiaries [member]
Summary of Significant Accounting Polices [Line Items]
Net loss attributable to non controlling interests	¥ 0.2		¥ 0
Bottom of range [member]
Summary of Significant Accounting Polices [Line Items]
Lease Term	3 months	3 months
Proportion of ownership interest in associate	20%	20%
Top of range [member]
Summary of Significant Accounting Polices [Line Items]
Lease Term	5 years	5 years
Proportion of ownership interest in associate	50%	50%

Financial risk management and_3

Financial risk management and concentration risk - Additional Information (Detail) ¥ in Thousands, $ in Millions					1 Months Ended	12 Months Ended
	Sep. 05, 2023 CNY (¥)	Sep. 05, 2023 USD ($)	Jul. 06, 2023 CNY (¥)	Jul. 06, 2023 USD ($)	Jun. 30, 2022 CNY (¥)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021	Nov. 30, 2023 CNY (¥)
Disclosure of detailed information about financial instruments [line items]
Total cash consideration							¥ 556,356
Borrowings						¥ 754,774	503,155
Gains (losses) on financial assets at fair value through profit or loss						101,400
Listed equity investment						104,970	129,060
Notional amount						177,100
Issuance of convertible notes						495,800
Converted share capital value						255,000
Financial assets at fair value through profit or loss						104,952	11,753		¥ 14,300
Increase (decrease) in fair value measurement, entity's own equity instruments						¥ 204,000	¥ 1,800
Customer One [Member]
Disclosure of detailed information about financial instruments [line items]
Percentage of entities revenue						23%
Customer Two [Member]
Disclosure of detailed information about financial instruments [line items]
Percentage of entities revenue						17%
No Other Customer [Member]
Disclosure of detailed information about financial instruments [line items]
Percentage of entities revenue						10%
No Customers [Member] | Bottom of range [member]
Disclosure of detailed information about financial instruments [line items]
Percentage of entities revenue							10%	10%
Level 3 of fair value hierarchy [member]
Disclosure of detailed information about financial instruments [line items]
Purchase of financial instruments						¥ 3,200
Anji Datacom [Member] | Supplier concentration risk [Member]
Disclosure of detailed information about financial instruments [line items]
Percentage of Cost of Sales						9%	33%
Contract Term						5 years
Contract Expiration Date						Mar. 30, 2027
Interest rate risk [member]
Disclosure of detailed information about financial instruments [line items]
Borrowings						¥ 754,800	¥ 503,200
Percentage of reasonably possible increase in unobservable input, liabilities						100%
Percentage of reasonably possible decrease in unobservable input, liabilities						100%
Increase (decrease) in fair value measurement due to reasonably possible increase in unobservable input, recognised in profit or loss, before tax, liabilities						¥ 6,600	2,000
Increase (decrease) in fair value measurement due to reasonably possible decrease in unobservable input, recognised in profit or loss, before tax, liabilities						¥ 6,600	2,000
Equity price risk [member]
Disclosure of detailed information about financial instruments [line items]
Percentage of reasonably possible increase in unobservable input, liabilities						10%
Percentage of reasonably possible decrease in unobservable input, liabilities						10%
Listed equity investment						¥ 105,000	129,100
Increase decrease in fair value measurement due to reasonably possible increase in uobservable input recognized in other comprehensive income after tax						10,500	12,900
Increase decrease in fair value measurement due to reasonably possible decrease in uobservable input recognized in other comprehensive income after tax						10,500	12,900
Increase decrease in fair value measurement due to reasonably possible increase in unobservable input recognized in comprehensive income loss after tax						10,500	12,900
Increase decrease in fair value measurement due to reasonably possible decrease in unobservable input recognized in comprehensive income loss after tax						10,500	12,900
Convertible Redeemable Preference Shares [Member]
Disclosure of detailed information about financial instruments [line items]
Total cash consideration	¥ 495,800	$ 70	¥ 495,800	$ 70	¥ 556,400
Unutilized borrowing capacity						¥ 12,500	¥ 114,900

Financial risk management and_4

Financial risk management and concentration risk - Summary of Maturity Analysis for Non-Derivative Financial Liabilities (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Trade payables	¥ 152,066		¥ 49,239
Trade payables	152,066	$ 21,418	49,239
Financial liabilities including in other payables and accruals	119,962		21,282
Revenue-based financing	21,628
Bank borrowings	813,776		556,025
Lease liabilities	15,061		17,277
Lease liabilities	14,090		16,180	¥ 19,633
Convertible bonds	71,535
Total	1,194,028		643,823
Carrying amount [member]
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Trade payables	152,066		49,239
Financial liabilities including in other payables and accruals	119,962		21,282
Revenue-based financing	21,628
Bank borrowings	754,774		503,155
Lease liabilities	14,090		16,180
Convertible bonds	89,950
Total	1,152,470		589,856
Less than 1 year
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Trade payables	152,066		49,239
Financial liabilities including in other payables and accruals	119,962		21,282
Revenue-based financing	21,628
Bank borrowings	106,211		39,440
Lease liabilities	7,709		7,522
Convertible bonds	71,535
Total	479,111		117,483
Between 1 and 2 years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Bank borrowings	707,565		21,350
Lease liabilities	5,081		5,751
Total	712,646		27,101
Between 2 and 5 years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Bank borrowings	0		495,235
Lease liabilities	2,271		4,004
Total	¥ 2,271		¥ 499,239

Financial risk management and_5

Financial risk management and concentration risk - Summary of analysis of current ratio and gearing ratio (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 CNY (¥)	Dec. 31, 2020 CNY (¥)
Disclosure In Tabular Form Of Analysis Of Net Debt [Line Items]
Total interest-bearing bank borrowings	¥ 754,774		¥ 503,155
Less: Cash and cash equivalents	436,242	$ 61,443	513,351	$ 72,304	¥ 8,489	¥ 3,665
Non-IFRS net debt	318,532		(10,196)
Total equity	(43,605)	(6,141)	438,874		¥ 29,439	¥ 14,558
Add: Convertible bonds mandatorily convertible to the Company's equity	112,615		0
Non-IFRS adjusted total equity	69,010		438,874
Total liabilities	1,508,704	212,496	667,061
Less: Convertible bonds mandatorily convertible to the Company's equity	112,615		0
Non-IFRS adjusted total liabilities	1,396,089		667,061
Total assets	¥ 1,465,099	$ 206,355	¥ 1,105,935
Non-IFRS total liabilities to total assets ratio	0.95	0.95	0.6	0.6

Financial risk management and_6

Financial risk management and concentration risk - Summary of Fair Value of Financial Instruments (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Nov. 30, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)
Disclosure of fair value measurement of assets [line items]
Financial asset at fair value through profit or loss	¥ 104,952		¥ 14,300	¥ 11,753
Financial assets at fair value through other comprehensive income	104,970			129,060
Convertible bonds	272,684	$ 38,407
Recurring fair value measurements
Disclosure of fair value measurement of assets [line items]
Financial asset at fair value through profit or loss	104,952			11,753
Financial assets at fair value through other comprehensive income	104,970			129,060
Convertible bonds	272,684
Level 1 | Recurring fair value measurements
Disclosure of fair value measurement of assets [line items]
Financial assets at fair value through other comprehensive income	104,970			129,060
Level 3 | Recurring fair value measurements
Disclosure of fair value measurement of assets [line items]
Financial asset at fair value through profit or loss	104,952			¥ 11,753
Convertible bonds	¥ 272,684

Financial risk management and_7

Financial risk management and concentration risk - Summary of Significant Unobservable Inputs Used in Fair Value Measurement of Assets (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Nov. 30, 2023	Dec. 31, 2022
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Fair values	¥ 104,952	¥ 14,300	¥ 11,753
Expected Volatility Measurement Input
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Description	Investments in unlisted company
Unobservable inputs	Expected volatility
Change of inputs	26%		52%
Relationship of unobservable inputs to fair value	The higher the expected volatility, the lower the fair value
Expected Volatility Measurement Input | Prepaid Shares Repurchase Instrument [Member]
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Description	Prepaid shares repurchase instrument
Unobservable inputs	Expected volatility
Relationship of unobservable inputs to fair value	The higher the expected volatility, the lower the fair value
Expected Volatility Measurement Input | Convertible Notes [Member]
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Description	Convertible bonds
Unobservable inputs	Expected volatility
Relationship of unobservable inputs to fair value	The higher the expected volatility, the lower the fair value
Expected Volatility Measurement Input | Investments Made In The Previous Period [Member]
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Description	Investments in unlisted company
Unobservable inputs	Expected volatility
Change of inputs	67%		65%
Relationship of unobservable inputs to fair value	The higher the expected volatility, the lower the fair value
Expected Volatility Measurement Input | Level 3
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Fair values	¥ 7,895		¥ 6,753
Expected Volatility Measurement Input | Level 3 | Prepaid Shares Repurchase Instrument [Member]
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Fair values	70,119
Expected Volatility Measurement Input | Level 3 | Convertible Notes [Member]
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Fair values	272,684
Expected Volatility Measurement Input | Level 3 | Investments Made In The Previous Period [Member]
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Fair values	¥ 10,114		¥ 5,000
Discount For Lack Of Marketability
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Unobservable inputs	Discount for lack of marketability (“DLOM”)
Change of inputs	3%		20%
Relationship of unobservable inputs to fair value	The higher the DLOM, the lower the fair value
Discount For Lack Of Marketability | Investments Made In The Previous Period [Member]
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Unobservable inputs	Discount for lack of marketability (“DLOM”)
Change of inputs	25%		27%
Relationship of unobservable inputs to fair value	The higher the DLOM, the lower the fair value

Significant accounting judgme_2

Significant accounting judgments, estimates and assumptions - Additional Information (Detail) ¥ in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure Critical Accounting Estimates and Judgements [Line Items]
Gain loss from asset transfer	¥ 0.9
Selling Expenses [Member]
Disclosure Critical Accounting Estimates and Judgements [Line Items]
Reclassification adjustment on Excess incentive amount	¥ 224.5	$ 31.6	¥ 140.8	¥ 112.8

Business combination - Addition

Business combination - Additional Information (Detail) ¥ in Thousands, $ in Millions		12 Months Ended
	Jun. 20, 2023 CNY (¥)	Dec. 31, 2023 CNY (¥)	Jun. 20, 2023 USD ($)
Disclosure of detailed information about business combination [line items]
Total cash consideration	¥ 43,567		$ 6.1
Acquisition-related costs	2,000
Customer contracts intangible assets	¥ 11,500
Sinopowe Holdings International Co Limited [Member]
Disclosure of detailed information about business combination [line items]
Percentage of voting equity interests acquired	89.999%		89.999%
Revenue		¥ 86,100
Consolidated profit loss		(2,700)
Sinpower [Member]
Disclosure of detailed information about business combination [line items]
Revenue		90,900
Consolidated profit loss		¥ (15,800)

Business combination - Summary

Business combination - Summary of Allocation of Fair Value of Assets and Liabilities as at Date of Acquisition and Analysis of Cash Flows (Detail) - Jun. 20, 2023 ¥ in Thousands, $ in Millions	CNY (¥)	USD ($)
Disclosure of detailed information about business combination [line items]
Total cash consideration	¥ 43,567	$ 6.1
Cash and cash equivalents	9,519
Inventories, trade receivables and other current assets	34,455
Intangible assets	11,451
Other non-current assets	5,261
Total assets acquired	60,686
Interest-bearing bank borrowings	(15,343)
Trade payables, lease liabilities and other payables	(41,215)
Deferred tax liabilities	(1,691)
Total liabilities assumed	(58,249)
Net assets acquired	2,437
Non-controlling interests	608
Goodwill on acquisition	¥ 40,522

Business combination - Summar_2

Business combination - Summary of Analysis of the Cash Flows in Respect of the Acquisition (Detail) ¥ in Thousands, $ in Thousands		12 Months Ended
	Jun. 20, 2023 CNY (¥)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Jun. 20, 2023 USD ($)
Disclosure of detailed information about business combination [line items]
Total cash consideration	¥ (43,567)			$ (6,100)
Cash and cash equivalents	9,519
Net cash paid for acquisition of a subsidiary included in cash flows from investing activities		¥ 34,048	$ 4,796
Sinopower [member]
Disclosure of detailed information about business combination [line items]
Total cash consideration	(43,567)
Cash and cash equivalents	9,519
Net cash paid for acquisition of a subsidiary included in cash flows from investing activities	¥ (34,048)

Cash and cash equivalents - Sum

Cash and cash equivalents - Summary of Detailed Information of Cash and Cash Equivalents (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 CNY (¥)	Dec. 31, 2020 CNY (¥)
Disclosure Of Cash And Cash Equivalents Line Items
Cash at bank	¥ 432,892		¥ 512,453
Deposits held at licensed payment platforms	3,350		898
Total	¥ 436,242	$ 61,443	¥ 513,351	$ 72,304	¥ 8,489	¥ 3,665

Cash and cash equivalents - Add

Cash and cash equivalents - Additional Information (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 CNY (¥)	Dec. 31, 2020 CNY (¥)
Disclosure Of Cash And Cash Equivalents [Line Items]
Cash and cash equivalents	¥ 436,242	$ 61,443	¥ 513,351	$ 72,304	¥ 8,489	¥ 3,665
Restricted usage cash	16,900		0
CHINA
Disclosure Of Cash And Cash Equivalents [Line Items]
Cash and cash equivalents	¥ 400,100		¥ 503,900

Trade receivables - Summary of

Trade receivables - Summary of Trade Receivables (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure of Trade Receivables [Line Items]
Trade receivables	¥ 133,657		¥ 152,256
Provision on impairment	(60,513)		(22,252)	¥ (2,470)
Total	¥ 73,144	$ 10,302	¥ 130,004

Trade receivables - Summary o_2

Trade receivables - Summary of Aging Analysis of Trade Receivables (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure of aged analysis of trade receivables [Line Items]
Trade receivables	¥ 133,657	¥ 152,256
0 - 90 days [Member]
Disclosure of aged analysis of trade receivables [Line Items]
Trade receivables	29,865	124,736
91 - 180 days [Member]
Disclosure of aged analysis of trade receivables [Line Items]
Trade receivables	17,331	1,029
181 – 365 days
Disclosure of aged analysis of trade receivables [Line Items]
Trade receivables	26,216	10,480
1-2 years
Disclosure of aged analysis of trade receivables [Line Items]
Trade receivables	52,100	14,852
2 – 3 years
Disclosure of aged analysis of trade receivables [Line Items]
Trade receivables	7,843	1,159
Over 3 years
Disclosure of aged analysis of trade receivables [Line Items]
Trade receivables	¥ 302	¥ 0

Trade receivables - Additional

Trade receivables - Additional Information (Detail) - CNY (¥) ¥ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of Trade Receivables [Line Items]
Provisions on impairment	¥ 38.2	¥ 19.8	¥ 2.5
Gross carrying amount [member]
Disclosure of Trade Receivables [Line Items]
Impairment allowances	51.4	12.7
Accumulated impairment [member]
Disclosure of Trade Receivables [Line Items]
Impairment allowances	¥ 51.4	¥ 0.6

Trade receivables - Summary o_3

Trade receivables - Summary of loss allowance for trade receivables (Detail) - CNY (¥) ¥ in Thousands	1 Months Ended	12 Months Ended
	Jan. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Disclosure of financial assets [line items]
Beginning of the year	¥ 2,470	¥ 22,252	¥ 2,470
Arising from business combination	¥ 0	105
Provision for expected credit loss, net		38,156	19,782
End of the year		¥ 60,513	¥ 22,252

Trade Receivables - Summary o_4

Trade Receivables - Summary of impairments (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure of provision matrix [line items]
Financial assets	¥ (985,725)	¥ (808,196)
Within 1 year
Disclosure of provision matrix [line items]
Expected credit loss rate	9.60%	6.40%
Within 1 year | Gross carrying amount [member]
Disclosure of provision matrix [line items]
Financial assets	¥ 71,938	¥ 133,353
Within 1 year | Impairment allowances [member]
Disclosure of provision matrix [line items]
Financial assets	¥ 6,879	¥ 8,595
1-2 years
Disclosure of provision matrix [line items]
Expected credit loss rate	20.80%	11.90%
1-2 years | Gross carrying amount [member]
Disclosure of provision matrix [line items]
Financial assets	¥ 9,994	¥ 5,903
1-2 years | Impairment allowances [member]
Disclosure of provision matrix [line items]
Financial assets	¥ 2,076	¥ 701
2-3 years
Disclosure of provision matrix [line items]
Expected credit loss rate	55.30%	84%
2-3 years | Gross carrying amount [member]
Disclosure of provision matrix [line items]
Financial assets	¥ 371	¥ 272
2-3 years | Impairment allowances [member]
Disclosure of provision matrix [line items]
Financial assets	¥ 205	¥ 228

Contract assets -- Summary Of C

Contract assets -- Summary Of Contract Assets (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)
Disclosure Of Contract Assets Explanatory [Line Items]
Arising from performance under construction contracts	¥ 88,637		¥ 0
Provision on impairment	(10,953)		0
Total	¥ 77,684	$ 10,942	¥ 0

Contract assets - Summary Of Ex

Contract assets - Summary Of Expected Credit Loss Provision (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)
Disclosure Of Expected Credit Loss Provision [Line Items]
Contract assets	¥ 77,684	$ 10,942	¥ 0
Not later than one year [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Expected credit loss rate	9.60%	9.60%	6.40%
Not later than one year [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Expected credit loss rate	9.60%	9.60%
Later than one year and not later than two years [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Expected credit loss rate	20.80%	20.80%	11.90%
Later than one year and not later than two years [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Expected credit loss rate	0%	0%
Later than two years and not later than three years [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Expected credit loss rate	55.30%	55.30%	84%
Later than two years and not later than three years [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Expected credit loss rate	0%	0%
Later than three years [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Expected credit loss rate	0%	0%
Gross carrying amount [member] | Not later than one year [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Contract assets	¥ 85,902
Gross carrying amount [member] | Later than one year and not later than two years [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Contract assets	0
Gross carrying amount [member] | Later than two years and not later than three years [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Contract assets	0
Gross carrying amount [member] | Later than three years [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Contract assets	0
Allowance for credit losses [member] | Not later than one year [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Contract assets	8,218
Allowance for credit losses [member] | Later than one year and not later than two years [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Contract assets	0
Allowance for credit losses [member] | Later than two years and not later than three years [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Contract assets	0
Allowance for credit losses [member] | Later than three years [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Contract assets	¥ 0

Contract assets - Additional In

Contract assets - Additional Information (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)
Disclosure Of Expected Credit Loss Provision [Line Items]
Contract assets	¥ 77,684	$ 10,942	¥ 0
Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Impairment losses on contract assets	2,700
Accumulated impairment [member] | Contract assets [member]
Disclosure Of Expected Credit Loss Provision [Line Items]
Contract assets	¥ 2,700

Inventories - Disclosure Of Inv

Inventories - Disclosure Of Inventories (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)
Classes of current inventories [abstract]
Work in progress	¥ 4,798		¥ 0
Finished goods	17,660		0
Total	¥ 22,458	$ 3,163	¥ 0

Prepayments, other receivable_3

Prepayments, other receivables and other assets - Summary of Detailed Information About Prepayments Other Receivables and Other Assets (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)
Disclosure Of Prepayments Other Receivables And Other Assets [Abstract]
Prepayments to charging stations	¥ 110,766		¥ 220,510
Prepayments for chargers procurement	55,983		35,519
Prepayment for rental, facility and utilities	57,681		3,166
Miscellaneous prepayments	7,136		1,583
Value-added tax deductible	59,011		2,628
Amount due from related parties (Note 33)	27,703		0
Others	118,097		24,029
Total	¥ 436,377	$ 61,462	¥ 287,435

Prepayments, other receivable_4

Prepayments, other receivables and other assets - Additional Information (Detail) - CNY (¥) ¥ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Prepayments Other Receivables And Other Assets [Line Items]
Credit loss provision on other receivables	¥ 3.9	¥ 1.2	¥ 20.1
Other Receivables [Member]
Disclosure Of Prepayments Other Receivables And Other Assets [Line Items]
Maximum exposure to credit risk of financial assets designated as measured at fair value through profit or loss	16.5	6.3
12-month expected credit losses [member] | Other Receivables [Member]
Disclosure Of Prepayments Other Receivables And Other Assets [Line Items]
Maximum exposure to credit risk of financial assets designated as measured at fair value through profit or loss	¥ 121.7	¥ 24

Financial instruments by cate_3

Financial instruments by category - Summary of Detailed Information of Category of Financial Instruments (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Nov. 30, 2023	Dec. 31, 2022
Financial assets measured at fair value:
Financial assets at fair value through profit or loss	¥ 104,952	¥ 14,300	¥ 11,753
Financial assets at fair value through other comprehensive income	104,970		129,060
Financial assets, at fair value	209,922		140,813
Financial assets measured at amortized costs:
Financial assets at amortised cost	775,803		667,383
Total	985,725		808,196
Financial liabilities measured at amortized cost:
Financial liabilities at amortised cost	1,062,520		589,856
Total	1,335,204		589,856
Trade receivables [member]
Financial assets measured at amortized costs:
Financial assets at amortised cost	73,144		130,004
Convertible bonds [Member]
Financial liabilities measured at fair value:
Financial liabilities, at fair value	272,684		0
Interest bearing bank borrowings [member]
Financial liabilities measured at amortized cost:
Financial liabilities at amortised cost	754,774		503,155
Trade payables [Member]
Financial liabilities measured at amortized cost:
Financial liabilities at amortised cost	152,066		49,239
Financial liabilities including in other payables and accruals
Financial liabilities measured at amortized cost:
Financial liabilities at amortised cost	119,962		21,282
Revenue based financing [member]
Financial liabilities measured at amortized cost:
Financial liabilities at amortised cost	21,628		0
Lease liabilities [member]
Financial liabilities measured at amortized cost:
Financial liabilities at amortised cost	14,090		16,180
Financial assets including in other receivables and deposits [member]
Financial assets measured at amortized costs:
Financial assets at amortised cost	137,801		24,028
Other financial assets [Member]
Financial assets measured at amortized costs:
Financial assets at amortised cost	128,616		0
Cash and cash equivalents [Member]
Financial assets measured at amortized costs:
Financial assets at amortised cost	¥ 436,242		¥ 513,351

Intangible assets, net - Summar

Intangible assets, net - Summary of Intangible Assets, Net (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)
Disclosure of detailed information about intangible assets [line items]
Total cost	¥ 15,045		¥ 1,000
Less: Accumulated amortization	(1,725)		(167)
Total cost	13,320	$ 1,876	833
Computer software [member]
Disclosure of detailed information about intangible assets [line items]
Total cost	3,717		1,000
Customer-related intangible assets [member]
Disclosure of detailed information about intangible assets [line items]
Total cost	¥ 11,328		¥ 0

Leases - Summary of Right-of-us

Leases - Summary of Right-of-use Assets (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure of quantitative information about right-of-use assets [line items]
Opening net book amount	¥ 17,030		¥ 19,766
Arising from business combination	5,018
Additions	4,516		7,263
Depreciation charge	(8,160)		(9,219)	¥ (6,515)
Disposals	(4,378)
Revision of a lease term arising from a change in the non-cancellable period of a lease	0		(780)
Closing net book amount	14,026	$ 1,976	17,030	19,766
Cost	45,700		38,333
Accumulated depreciation	(31,674)		(21,303)
Net book value	14,026		17,030	19,766
Office Building [Member]
Disclosure of quantitative information about right-of-use assets [line items]
Opening net book amount	12,558		13,790
Arising from business combination	5,018
Additions	3,725		3,154
Depreciation charge	(5,532)		(4,386)	(4,523)
Disposals	(3,538)
Revision of a lease term arising from a change in the non-cancellable period of a lease	0		0
Closing net book amount	12,231		12,558	13,790
Cost	34,921		27,505
Accumulated depreciation	(22,690)		(14,947)
Net book value	12,231		12,558	13,790
Charging Stations [Member]
Disclosure of quantitative information about right-of-use assets [line items]
Opening net book amount	4,472		5,976
Arising from business combination	0
Additions	791		4,109
Depreciation charge	(2,628)		(4,833)	(1,992)
Disposals	(840)
Revision of a lease term arising from a change in the non-cancellable period of a lease	0		(780)
Closing net book amount	1,795		4,472	5,976
Cost	10,779		10,828
Accumulated depreciation	(8,984)		(6,356)
Net book value	¥ 1,795		¥ 4,472	¥ 5,976

Leases - Summary of Lease Items

Leases - Summary of Lease Items Recognized in Combined Statements Of Financial Position (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Right-of-use assets
Right-of-use assets	¥ 14,026	$ 1,976	¥ 17,030	¥ 19,766
Lease liabilities
Current	7,154	1,008	6,853
Non-current	6,936	$ 977	9,327
Lease liabilities	14,090		16,180	19,633
Office buildings [Member]
Right-of-use assets
Right-of-use assets	12,231		12,558	13,790
Lease liabilities
Lease liabilities	12,413		12,619	13,902
Charging stations [Member]
Right-of-use assets
Right-of-use assets	1,795		4,472	5,976
Lease liabilities
Lease liabilities	¥ 1,677		¥ 3,561	¥ 5,731

Leases - Summary of Lease Ite_2

Leases - Summary of Lease Items Recognized in Combined Statements Of Loss And Other Comprehensive Loss (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Detailed Information About Leases Recognized In Comprehensive Income Statement [Line Items]
Depreciation charge of right-of-use assets	¥ 8,160	¥ 9,219	¥ 6,515
Interest expense (included in finance costs)	783	1,089	1,097
Expense relating to short-term leases not included in lease liabilities (included in cost of revenues, selling and marketing expenses, administrative expenses and research and development expenses)	16,732	9,739	3,837
Total	25,675	20,047	11,449
Office Building [Member]
Disclosure Of Detailed Information About Leases Recognized In Comprehensive Income Statement [Line Items]
Depreciation charge of right-of-use assets	5,532	4,386	4,523
Charging Stations [Member]
Disclosure Of Detailed Information About Leases Recognized In Comprehensive Income Statement [Line Items]
Depreciation charge of right-of-use assets	¥ 2,628	¥ 4,833	¥ 1,992

Leases - Summary of Cash Outflo

Leases - Summary of Cash Outflows in Financing Activity for Leases (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Principal elements of lease payments	¥ 7,231	$ 1,018	¥ 6,834	¥ 1,881
Related interest paid	714		388	193
Total	¥ 7,945		¥ 7,222	¥ 2,074

Leases - Summary of carrying am

Leases - Summary of carrying amounts of lease liabilities and the movements (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	¥ 16,180	¥ 19,633
Arising from business combination	5,289
New leases	4,516	7,263
Accretion of interest recognised during the year	783	1,089	¥ 1,097
Payments	(7,945)	(11,008)
Revision of a lease term arising from a change in the non-cancellable period of a lease		(797)
Disposals	(4,733)
Ending balance	14,090	16,180	19,633
Office Building [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	12,619	13,902
Arising from business combination	5,289
New leases	3,725	3,154
Accretion of interest recognised during the year	678	793
Payments	(6,049)	(5,230)
Revision of a lease term arising from a change in the non-cancellable period of a lease		0
Disposals	(3,849)
Ending balance	12,413	12,619	13,902
Charging stations [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	3,561	5,731
Arising from business combination	0
New leases	791	4,109
Accretion of interest recognised during the year	105	296
Payments	(1,896)	(5,778)
Revision of a lease term arising from a change in the non-cancellable period of a lease		(797)
Disposals	(884)
Ending balance	¥ 1,677	¥ 3,561	¥ 5,731

Leases - Additional Information

Leases - Additional Information (Detail) - CNY (¥) ¥ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Leases [Abstract]
Weighted average lessee's incremental borrowing rate applied to lease liabilities recognised at date of initial application of IFRS 16	4.18%	6%
cash outflows in operating activities for leases	¥ 16.7	¥ 9.7	¥ 3.8

Financial assets at fair valu_3

Financial assets at fair value through profit or loss - Disclosure Of Financial Assets At Fair Value Through Profit Or Loss Explanatory (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Nov. 30, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)
Disclosure Of Financial Assets At Fair Value Through Profit Or Loss [Line Items]
Investment	¥ 104,952		¥ 14,300	¥ 11,753
Current assets total	70,164	$ 9,882		0
Non-current assets total	34,788	$ 4,900		11,753
Investment
Disclosure Of Financial Assets At Fair Value Through Profit Or Loss [Line Items]
Investment	45			0
Prepaid shares repurchase instrument (note ii)
Disclosure Of Financial Assets At Fair Value Through Profit Or Loss [Line Items]
Investment	70,119			0
Insurance and Financial management
Disclosure Of Financial Assets At Fair Value Through Profit Or Loss [Line Items]
Investment	2,862			0
Investment (note i)
Disclosure Of Financial Assets At Fair Value Through Profit Or Loss [Line Items]
Investment	¥ 31,926			¥ 11,753

Financial assets at fair valu_4

Financial assets at fair value through profit or loss - Disclosure At Prepaid Share Repurchase Instrument During the Years (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of reconciliation of changes in fair value measurement assets
At the beginning of the year	¥ 11,753
At the end of the year	104,952	¥ 11,753
Equity investments [member]
Disclosure of reconciliation of changes in fair value measurement assets
At the beginning of the year	11,753
At the end of the year	31,926	11,753
Equity investments [member] | Financial assets at fair value through profit or loss, category
Disclosure of reconciliation of changes in fair value measurement assets
At the beginning of the year	11,753	5,000
Additions	207,941	5,000
Fair value change	(87,519)	1,753
Arising from business combination	3,238	0
Disposal	(30,461)	0
At the end of the year	¥ 104,952	¥ 11,753

Financial assets at fair valu_5

Financial assets at fair value through profit or loss - Disclosure Valuation Of The Prepaid Shares Repurchase Instrument Explanatory (Detail) - Prepaid shares repurchase instrument [member]	Dec. 31, 2023 yr USD ($)
Expected volatility [member] | Bottom of range [member]
Disclosure In Tabular Form Of Significant Unobservable Inputs In Valuation Of Prepaid Shares Repurchase Instrument [Line Items]
Significant unobservable input, assets	70.36
Expected volatility [member] | Top of range [member]
Disclosure In Tabular Form Of Significant Unobservable Inputs In Valuation Of Prepaid Shares Repurchase Instrument [Line Items]
Significant unobservable input, assets	75.03
Risk–free interest rate [member] | Bottom of range [member]
Disclosure In Tabular Form Of Significant Unobservable Inputs In Valuation Of Prepaid Shares Repurchase Instrument [Line Items]
Significant unobservable input, assets	5.08
Risk–free interest rate [member] | Top of range [member]
Disclosure In Tabular Form Of Significant Unobservable Inputs In Valuation Of Prepaid Shares Repurchase Instrument [Line Items]
Significant unobservable input, assets	5.24
Bond Maturity [member] | Bottom of range [member]
Disclosure In Tabular Form Of Significant Unobservable Inputs In Valuation Of Prepaid Shares Repurchase Instrument [Line Items]
Significant unobservable input, assets	0.51
Bond Maturity [member] | Top of range [member]
Disclosure In Tabular Form Of Significant Unobservable Inputs In Valuation Of Prepaid Shares Repurchase Instrument [Line Items]
Significant unobservable input, assets	0.68
Weighted average share price [member]
Disclosure In Tabular Form Of Significant Unobservable Inputs In Valuation Of Prepaid Shares Repurchase Instrument [Line Items]
Significant unobservable input, assets | $	1.52

Financial assets at fair valu_6

Financial assets at fair value through profit or loss - Additional Information (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Nov. 30, 2023	Dec. 31, 2022
Disclosure of fair value measurement of assets [line items]
Financial assets at fair value through profit or loss	¥ 104,952	¥ 14,300	¥ 11,753
Other equity securities [member]
Disclosure of fair value measurement of assets [line items]
Financial assets at fair value through profit or loss	¥ 70,100

Financial assets at fair valu_7

Financial assets at fair value through other comprehensive income - Summary of Investment (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure of financial assets [abstract]
Investment	¥ 104,970	¥ 129,060

Financial assets at fair valu_8

Financial assets at fair value through other comprehensive income - Summary of ordinary shares without significant influence (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure In Tabular Form Of Movement In Financial Assets At Fair Value Through Other Comprehensive Income [Line Items]
At the beginning of the year	¥ 129,060
At the end of the year	104,970	¥ 129,060
Investments in equity instruments designated at fair value through other comprehensive income [member]
Disclosure In Tabular Form Of Movement In Financial Assets At Fair Value Through Other Comprehensive Income [Line Items]
At the beginning of the year	129,060	0
Additions	0	139,203
Fair value change	(24,090)	(10,143)
At the end of the year	¥ 104,970	¥ 129,060

Financial assets at fair valu_9

Financial assets at fair value through other comprehensive income - Additional Information (Detail) ¥ in Millions	12 Months Ended
	Dec. 31, 2023 CNY (¥)
Disclosure of financial assets [abstract]
Dividend income	¥ 4.3

Property, plant and equipment -

Property, plant and equipment - Summary of detailed information about property, plant and equipment (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure of detailed information about property, plant and equipment [line items]
Beginning Balance	¥ 2,600
Arising from business combination	186
Depreciation during the year	(1,186)		¥ (210)	¥ (58)
Ending Balance	4,378	$ 617	2,600
Electronic And Office Equipment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning Balance	2,600
Additions	2,778
Depreciation during the year	(1,186)
Ending Balance	4,378		2,600
Electronic And Office Equipment [Member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning Balance	2,868
Ending Balance	6,199		2,868
Electronic And Office Equipment [Member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning Balance	(268)
Ending Balance	¥ (1,821)		¥ (268)

Interest-bearing bank borrowi_3

Interest-bearing bank borrowings - Disclosure of detailed information about borrowings (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)
Disclosure of detailed information about borrowings [line items]
Current interest-bearing bank borrowings	¥ 72,953	$ 10,275	¥ 38,000
Non-current interest-bearing bank borrowings	681,821	$ 96,032	465,155
Total interest-bearing bank borrowings (Note 30(b))	¥ 754,774		¥ 503,155

Interest-bearing bank borrowi_4

Interest-bearing bank borrowings - Additional Information (Detail) - CNY (¥) ¥ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of detailed information about borrowings [line items]
Banking facility	¥ 380.3
Borrowings, interest rate	5.50%	4.20%
Not later than one year [member] | Bottom of range [member]
Disclosure of detailed information about borrowings [line items]
Borrowings, interest rate	3.50%	4.50%
Not later than one year [member] | Top of range [member]
Disclosure of detailed information about borrowings [line items]
Borrowings, interest rate	15%	5.50%
LPR+Eighty BP [Member] | Borrowings Due On June Thirty Two Thousand And Twenty Five [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings maturity	June 30, 2025
LPR+Eighty BP [Member] | Borrowings Due On July First Two Thousand And Twenty Three [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings partially repayable date	Jul. 01, 2024
LPR+Eighty BP [Member] | Borrowings Due On July First Two Thousand And Twenty Four [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings partially repayable date	Dec. 25, 2024

Trade payables - Summary of Tra

Trade payables - Summary of Trade Payables (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Trade payable Explanatory [Line Items]
Payables for charging services	¥ 69,129	¥ 38,943
Payables for energy solutions	82,937	10,296
Total	¥ 152,066	¥ 49,239

Other payables and accruals - S

Other payables and accruals - Schedule Of Other Payables And Accruals (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)
Disclosure Of Other Current Payables And Accruals Current [Abstract]
Contract liabilities (Note i)	¥ 101,053		¥ 33,543
Employee benefit payables	44,589		21,155
Accrued expenses	114,606		20,376
Other taxes payable	5,771		5,855
Revenue-based financing	21,628		0
Others	5,356		906
Total	¥ 293,003	$ 41,268	¥ 81,835

Other payables and accruals -_2

Other payables and accruals - Schedule Of Other Payables And Accruals (Parenthetical) (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Other Current Payables And Accruals Current Line Items
Contract liabilities	¥ 101,053	¥ 33,543
Advances received from customer to purchase energy solutions
Disclosure Of Other Current Payables And Accruals Current Line Items
Contract liabilities	51,926	3,869
Advances received from customers for charging services discount packages
Disclosure Of Other Current Payables And Accruals Current Line Items
Contract liabilities	32,446	24,585
Advances from platform users
Disclosure Of Other Current Payables And Accruals Current Line Items
Contract liabilities	12,682	2,185
Deferred income
Disclosure Of Other Current Payables And Accruals Current Line Items
Contract liabilities	3,342	1,974
Others
Disclosure Of Other Current Payables And Accruals Current Line Items
Contract liabilities	¥ 657	¥ 930

Other Payables And Accruals - D

Other Payables And Accruals - Disclosure of Detailed Information About Revenue Recognized (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Other Current Payables And Accruals Current [Abstract]
Amount included in contract liabilities at the beginning of the year	¥ 33,543	¥ 5,365

Other Payables And Accruals -

Other Payables And Accruals - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2023
Trade and other payables [abstract]
Defered income maturity period	6 months

Convertible bonds - Additional

Convertible bonds - Additional Information (Detail) ¥ in Thousands			4 Months Ended	12 Months Ended
	Sep. 05, 2023 USD ($)	Jul. 06, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)
Disclosure Of Convertible Notes [Line Items]
Debt instruments issued			$ 25,000,000
Convertible Instrument Rate			5%
Debt securities price			$ 25,000,000
LMR Converted an aggregated amount			$ 36,000,000	¥ 319,335
July 3, 2024
Disclosure Of Convertible Notes [Line Items]
Debt instruments issued		$ 30,000,000
Borrowings maturity		July 3, 2024
September 2, 2024
Disclosure Of Convertible Notes [Line Items]
Debt instruments issued	$ 40,000,000
Borrowings maturity	September 2, 2024

Convertible bonds - Summary Of

Convertible bonds - Summary Of Convertible Note During The Reporting Period (Detail) - Convertible instruments [member] - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Convertible Notes [Line Items]
At the beginning of the year	¥ 0	¥ 0
New issuance	474,117	0
Fair value change	116,520	0
Conversion to shares (Note 21)	(319,335)	0
Foreign exchange movement	1,382
At the end of the year	¥ 272,684	¥ 0

Convertible bonds - Summary O_2

Convertible bonds - Summary Of Fair Value Of The Convertible Note Valuation Of The Share Option (Detail) - Convertible instruments [member]	12 Months Ended
	Dec. 31, 2023 $ / shares
Disclosure Of Convertible Notes [Line Items]
Weighted average share price	$ 1.52
Bottom of range [member]
Disclosure Of Convertible Notes [Line Items]
Expected volatility (%)	70.36%
Risk–free interest rate (%)	5.08%
Bond Maturity	0.51
Top of range [member]
Disclosure Of Convertible Notes [Line Items]
Expected volatility (%)	78.64%
Risk–free interest rate (%)	5.49%
Bond Maturity	0.94
Weighted average share price	$ 6.63

Share capital and additional _3

Share capital and additional paid in capital - Additional Information (Detail) $ / shares in Units, ¥ in Thousands, $ in Thousands								1 Months Ended				12 Months Ended
	Sep. 05, 2023 CNY (¥)	Sep. 05, 2023 USD ($)	Jul. 06, 2023 CNY (¥)	Jul. 06, 2023 USD ($)	Dec. 01, 2022 CNY (¥)	Dec. 01, 2022 USD ($)	Nov. 01, 2020 shares	Nov. 30, 2023 USD ($) shares	Jun. 30, 2022 CNY (¥)	Jan. 31, 2022 $ / shares shares	Jul. 31, 2019 $ / shares shares	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2023 USD ($) $ / shares shares	Oct. 31, 2023 shares	Aug. 31, 2023 shares	May 31, 2023 $ / shares shares	Apr. 30, 2023 shares	Sep. 30, 2022 shares
Disclosure of changes in combined capital and additional paid in capital
Par value per share | $ / shares										$ 0.001	$ 0.001
Proceeds from issue of preference shares | ¥														¥ 556,356
Purchase Price												¥ 39,957	$ 5,628	¥ 8,624
Common Stock, Voting Rights												Holders of Class A ordinary shares are entitled to one vote per share. Holders of Class B ordinary shares and Class C ordinary shares are entitled to ten votes per share and two votes per share, respectively.	Holders of Class A ordinary shares are entitled to one vote per share. Holders of Class B ordinary shares and Class C ordinary shares are entitled to ten votes per share and two votes per share, respectively.
Subscription receivable on shares												¥ 4,696			$ 661
After Share Subdivision
Disclosure of changes in combined capital and additional paid in capital
Par value per share | $ / shares										$ 0.0001
Number of shares called by each existing issued and unissued share										10
Ordinary shares [member]
Disclosure of changes in combined capital and additional paid in capital
Shares issued during period							400			49,995,000	100
Effective share subdivision										1-to-10,000
Share price of shares cancelled in exchange | $ / shares										$ 0.0001
Class A ordinary shares [Member]
Disclosure of changes in combined capital and additional paid in capital
Par value per share | $ / shares															$ 0.01			$ 0.6
Shares Issued								108,760,310				847,654,531			847,654,531	108,760,310	108,760,310	35,000,000,000,000		108,760,310
Number of shares received on exchange upon merger										32.951
Number of shares authorised												6,000,000,000			6,000,000,000
Number of shares outstanding												847,654,531			847,654,531
Additional shares authorized																			5,300,000,000
Class A ordinary shares [Member] | Institution Investor [Member]
Disclosure of changes in combined capital and additional paid in capital
Shares Issued								66,000,000				57,570,524			57,570,524
Purchase Price					¥ 208,700	$ 30,000		$ 700
Class B ordinary shares [Member]
Disclosure of changes in combined capital and additional paid in capital
Par value per share | $ / shares															$ 0.01
Shares Issued												242,662,399			242,662,399
Number of shares authorised												300,000,000			300,000,000
Number of shares outstanding												242,662,399			242,662,399
Class C ordinary shares [Member]
Disclosure of changes in combined capital and additional paid in capital
Par value per share | $ / shares															$ 0.01
Shares Issued												1,364,885,373			1,364,885,373
Number of shares authorised												1,400,000,000			1,400,000,000
Number of shares outstanding												1,364,885,373			1,364,885,373
Convertible Redeemable Preference Shares [Member]
Disclosure of changes in combined capital and additional paid in capital
Proceeds from issue of preference shares	¥ 495,800	$ 70,000	¥ 495,800	$ 70,000					¥ 556,400
Other Class or Series [Member]
Disclosure of changes in combined capital and additional paid in capital
Number of shares authorised												2,300,000,000			2,300,000,000
Additional shares authorized																			2,200,000,000

Share capital and additional _4

Share capital and additional paid in capital - Disclosure of changes in combined capital and additional paid in capital (Detail) ¥ in Thousands	4 Months Ended	12 Months Ended
	Dec. 31, 2023 USD ($) shares	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 CNY (¥) shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 CNY (¥) shares
DisclosureOfChangesInCombinedCapitalAndAdditionalPaidInCapital [Line Items]
Beginning balance		¥ 438,874		¥ 29,439		¥ 14,558
Conversion of preferred shares to share capital	$ 36,000,000	319,335
Issuance of share capital		149,011		3,943,584
Exercise of option		2,361		5,422
Contribution from the controlling shareholder				27,179		264,555
Share-based payments from the controlling shareholder		5,251		18,163
Ending balance	(6,141,000)	(43,605)	$ (6,141,000)	438,874		29,439
Issued Capital [member]
DisclosureOfChangesInCombinedCapitalAndAdditionalPaidInCapital [Line Items]
Beginning balance		146,730
Conversion of preferred shares to share capital		7,807
Issuance of share capital		7,175		25,910
Exercise of option		3,471		219
Ending balance	23,266,000	165,183	23,266,000	146,730
Issued Capital [member] | Common Stock [Member]
DisclosureOfChangesInCombinedCapitalAndAdditionalPaidInCapital [Line Items]
Beginning balance		146,730
Stock dividend to the controlling shareholder				32
Conversion of preferred shares to share capital		7,807		21,905
Recapitalization upon the Merger				110,343
Deemed issuance of shares upon the Merger transaction				10,226
Issuance of share capital		7,175		4,005
Exercise of option		3,471		219
Ending balance		165,183		146,730
Subscription Receivable [Member]
DisclosureOfChangesInCombinedCapitalAndAdditionalPaidInCapital [Line Items]
Issuance of share capital		(4,696)
Ending balance	(661,000)	(4,696)	(661,000)
Subscription Receivable [Member] | Common Stock [Member]
DisclosureOfChangesInCombinedCapitalAndAdditionalPaidInCapital [Line Items]
Issuance of share capital		(4,696)
Ending balance		(4,696)
Additional paid-in capital [member]
DisclosureOfChangesInCombinedCapitalAndAdditionalPaidInCapital [Line Items]
Beginning balance		6,358,600		423,329		147,986
Conversion of preferred shares to share capital		311,528
Issuance of share capital		146,532		3,917,674
Exercise of option		(1,110)		5,203
Contribution from the controlling shareholder				27,179		264,555
Share-based payments from the controlling shareholder		5,251		18,163
Ending balance	$ 1,013,583,000	7,196,341	$ 1,013,583,000	6,358,600		423,329
Additional paid-in capital [member] | Common Stock [Member]
DisclosureOfChangesInCombinedCapitalAndAdditionalPaidInCapital [Line Items]
Beginning balance		6,358,600		423,329
Stock dividend to the controlling shareholder				(32)
Conversion of preferred shares to share capital		311,528		3,712,984
Recapitalization upon the Merger				(110,343)
Deemed issuance of shares upon the Merger transaction				1,881,758
Issuance of share capital		146,532		204,690
Transaction cost related to issuance of shares		(18,285)
Exercise of option		(1,110)		5,203
Contribution from the controlling shareholder				27,179
Share-based payments from the Company		393,825		195,669
Share-based payments from the controlling shareholder		5,251		18,163
Ending balance		7,196,341		6,358,600		423,329
Issued Capital And Additional Paid in Capital | Common Stock [Member]
DisclosureOfChangesInCombinedCapitalAndAdditionalPaidInCapital [Line Items]
Beginning balance		6,505,330		423,329
Conversion of preferred shares to share capital		319,335		3,734,889
Deemed issuance of shares upon the Merger transaction				1,891,984
Issuance of share capital		149,011		208,695
Transaction cost related to issuance of shares		(18,285)
Exercise of option		2,361		5,422
Contribution from the controlling shareholder				27,179
Share-based payments from the Company		393,825		195,669
Share-based payments from the controlling shareholder		5,251		18,163
Ending balance		¥ 7,356,828		¥ 6,505,330		¥ 423,329
Ordinary shares [member] | Issued Capital [member]
DisclosureOfChangesInCombinedCapitalAndAdditionalPaidInCapital [Line Items]
Beginning balance (in shares) | shares		2,196,978,125	2,196,978,125	500	500
Beginning balance | $			$ 21,969,781		$ 1
Subdivision of shares, shares | shares				4,500	4,500
Stock dividend to the controlling shareholder, shares | shares				49,995,000	49,995,000
Stock dividend to the controlling shareholder | $					$ 5,000
Conversion of preferred shares to share capital, shares | shares		108,760,310	108,760,310	326,976,779	326,976,779
Conversion of preferred shares to share capital | $			$ 1,087,603		$ 3,269,768
Recapitalization upon the Merger, shares | shares				1,597,547,772	1,597,547,772
Recapitalization upon the Merger | $					$ 16,470,477
Deemed issuance of shares upon the Merger transaction, shares | shares				161,713,040	161,713,040
Deemed issuance of shares upon the Merger transaction | $					$ 1,617,130
Issuance of share capital, shares | shares		101,000,000	101,000,000	57,570,524	57,570,524
Issuance of share capital | $			$ 1,010,000		$ 575,705
Exercise of option, shares | shares		48,463,868	48,463,868	3,170,010	3,170,010
Exercise of option | $			$ 484,639		$ 31,700
Ending balance (in shares) | shares	2,455,202,303	2,455,202,303	2,455,202,303	2,196,978,125	2,196,978,125	500
Ending balance | $	$ 24,552,023		$ 24,552,023		$ 21,969,781

Revenues - Summary of Detailed

Revenues - Summary of Detailed Information about Revenue Explanatory (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure Of Detailed Information About Revenue [Line Items]
Total revenues	¥ 320,078	$ 45,082	¥ 92,814	¥ 33,453
Charging services revenues
Disclosure Of Detailed Information About Revenue [Line Items]
Revenues	129,107		82,590	29,607
Energy solutions revenues
Disclosure Of Detailed Information About Revenue [Line Items]
Revenues	187,260		8,115	2,989
New initiatives revenues
Disclosure Of Detailed Information About Revenue [Line Items]
Revenues	¥ 3,711		¥ 2,109	¥ 857

Revenue - Disclosure of timing

Revenue - Disclosure of timing of revenue recognition (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure of timing of revenue recognition [Line Items]
Total revenues	¥ 320,078	$ 45,082	¥ 92,814	¥ 33,453
Goods and services transferred at a point in time
Disclosure of timing of revenue recognition [Line Items]
Revenue from contracts with customers	162,333		92,814	33,453
Goods and services transferred over time
Disclosure of timing of revenue recognition [Line Items]
Revenue from contracts with customers	¥ 157,745		¥ 0	¥ 0

Other gains, net - Summary of D

Other gains, net - Summary of Detailed Information About Other Gains Losses Net Explanatory (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure Of Other Gains Losses Net [Abstract]
Non-operating income	¥ 24,805		¥ 7,617	¥ 138
Non-operating expenses	(334)		(300)	0
Total	¥ 24,471	$ 3,447	¥ 7,317	¥ 138

Operating costs and expenses _3

Operating costs and expenses by nature - Summary of Detailed Information about Operating Costs and Expenses by Nature Explanatory (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of Operating Costs and Expenses by Nature [Abstract]
Equity-settled listing costs	¥ 0	¥ 1,912,693	¥ 0
Employee benefit expenses	654,617	341,608	112,102
Professional service fee	144,948	66,657	8,787
Market incentives for charging service	231,121	120,461	105,939
Promotion and advertising	42,665	24,844	17,925
Costs of energy solutions revenues	146,401	0	0
Costs of charging services revenues	21,167	21,936	7,965
Traveling, entertainment and general office expenses	27,975	15,879	7,640
Rental, facility and utilities	26,264	12,500	4,277
Depreciation of right-of-use assets	8,160	9,219	6,515
Depreciation of property, plant and equipment	1,186	210	58
Amortization of intangible assets	1,558	167	0
Bandwidth expenses and server custody costs	3,585	4,914	4,331
Payment processing cost	1,067	2,427	3,893
Impairment loss on financial assets and other items under expected credit loss model	74,728	22,042	6,964
Provision for inventories loss	14,409	0	0
Others	11,063	5,058	1,242
Total operating costs and expenses	¥ 1,410,914	¥ 2,560,615	¥ 287,638

Fair value Changes - Additional

Fair value Changes - Additional Information (Detail) - CNY (¥) ¥ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of fair value measurement of equity [abstract]
Fair value loss	¥ 204	¥ 3,156.7

Finance costs - Summary of Deta

Finance costs - Summary of Detailed Information About Finance Income Expense Explanatory (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure Of Finance Income Expense [Abstract]
Interest expense from bank borrowings	¥ 31,480		¥ 9,149
Interest expense from lease liabilities	783		1,089	¥ 1,097
Others	697		37
Finance costs	¥ 32,960	$ 4,642	¥ 10,275	¥ 1,097

Taxation - Summary of reconcili

Taxation - Summary of reconciliation of income tax (expenses) benefits (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure Of Reconciliation of Income Tax (expenses)Benefits [Line Items]
Current income tax	¥ 2,980		¥ 9,423	¥ 5,318
Deferred income tax	806		438	0
Loss before income tax	(1,303,364)	$ (183,575)	(5,627,504)	(255,144)
Tax calculated at statutory income tax rate of 25% in mainland China	(325,841)		(1,406,876)	(63,786)
Tax effects of:
Effect of differing tax rates in different jurisdictions	65,790		1,272,471	0
Expenses not deductible for income tax purposes	122,634		137,862	1,069
Effect of deductible temporary differences not recognized	23,771		0	0
Effect of tax loss not recognized	140,493		37,283	68,035
Effect of tax exemptions	(456)
Utilization of tax loss previously not recognized	(1,660)		(30,879)	0
Utilization of deductible temporary differences previously not recognized	(17,657)		0	0
Others	(3,288)		0	0
Total	¥ 3,786	$ 533	¥ 9,861	¥ 5,318

Taxation - Additional Informati

Taxation - Additional Information (Detail) ¥ in Thousands, $ in Millions				12 Months Ended
	Apr. 01, 2018 HKD ($)	Mar. 31, 2018	Jan. 01, 2018	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)
Disclosure Of Reconciliation of Income Tax (expenses)Benefits [Line Items]
Deferred income tax liability				¥ 0
Total unrecorded tax losses carry forwards				789,500	¥ 231,400
Unused tax losses with indefinite life				13,200	6,100
Deferred tax expense (income) relating to origination and reversal of temporary differences				95,100	0
Bottom of range [member]
Disclosure Of Reconciliation of Income Tax (expenses)Benefits [Line Items]
Withholding tax			5%
Top of range [member]
Disclosure Of Reconciliation of Income Tax (expenses)Benefits [Line Items]
Withholding tax			10%
HONG KONG
Disclosure Of Reconciliation of Income Tax (expenses)Benefits [Line Items]
Applicable tax rate		16.50%
Provision for income tax				¥ 0	¥ 600
HONG KONG | first HK$2 million
Disclosure Of Reconciliation of Income Tax (expenses)Benefits [Line Items]
Applicable tax rate	8.25%
Assessable profits | $	$ 2
HONG KONG | excess of HK$2 million
Disclosure Of Reconciliation of Income Tax (expenses)Benefits [Line Items]
Applicable tax rate	16.50%
Assessable profits | $	$ 2
PRC
Disclosure Of Reconciliation of Income Tax (expenses)Benefits [Line Items]
Average effective tax rate				25%	25%

Loss per share - Earning per sh

Loss per share - Earning per share (Detail) ¥ / shares in Units, ¥ in Thousands	12 Months Ended
	Dec. 31, 2023 $ / shares	Dec. 31, 2023 CNY (¥) ¥ / shares shares	Dec. 31, 2022 CNY (¥) ¥ / shares shares	Dec. 31, 2021 CNY (¥) ¥ / shares shares
Earnings per share [line items]
Net loss attributable to equity holders of the Company | ¥		¥ 1,306,913	¥ 5,637,365	¥ 260,462
Weighted average number of ordinary shares in issue | shares		2,259,760,407	1,927,746,700	1,647,547,772
Basic loss per share (RMB per share) | (per share)	$ 0.08	¥ 0.58	¥ 2.92	¥ 0.16

Loss per share - Additional Inf

Loss per share - Additional Information (Detail) - shares	Dec. 31, 2023	Dec. 31, 2022
Text Block [Abstract]
Effects of dilutive potential ordinary shares	0	0

Share-based payments - Disclosu

Share-based payments - Disclosure of Number and Weighted Average Exercise Prices of Share Options (Detail)			12 Months Ended
		Jun. 10, 2022 shares	Dec. 31, 2023 shares $ / shares	Dec. 31, 2022 shares $ / shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of options, Beginning balance			210,114,428	0
Number of options,Assumed from 2022 Share Incentive Plan				207,871,928
Number of option, Granted		3,966,704	199,457,890	2,399,810
Number of options, Forfeited			(27,590,368)	(157,310)
Number of options, Exercised			(48,463,868)	(3,170,010)
Number of options, Ending balance			333,518,082	210,114,428
Number of options, Exercisable ending balance			204,896,622	104,527,155
Weighted average exercise prices, Beginning balance | $ / shares	[1]		$ 0
Weighted average exercise prices,Assumed from 2022 Share Incentive Plan | $ / shares	[1]			$ 0
Weighted average exercise prices, Granted | $ / shares			0.08	0.15
Weighted average exercise prices, Forfeited | $ / shares			0.1	0.01
Weighted average exercise prices, Exercised | $ / shares			0.01
Weighted average exercise prices, Ending balance | $ / shares			0.04	0	[1]
Weighted average exercise prices, Excercisable ending balance | $ / shares	[1]		$ 0	$ 0
Dada Share Incentive Plans [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of options, Beginning balance			0	0
Number of option, Granted				228,189,750
Number of options, Forfeited				(20,317,822)
Number of options, Exercised				0
Number of options, Carried over to New 2022 Share Incentive Plans				207,871,928
Number of options, Ending balance				0
Weighted average exercise prices, Granted | $ / shares	[1]			$ 0
Weighted average exercise prices, Forfeited | $ / shares	[1]			$ 0
Weighted average exercise prices, Carried over to New 2022 Share Incentive Plans	[1]			0
Newlink Share Incentive Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of options, Beginning balance			3,856,621	3,310,722
Number of option, Granted			103,610	932,000
Number of options, Forfeited			(711,985)	(386,101)
Number of options, Exercised			0	0
Number of options, Ending balance			3,248,246	3,856,621
Number of options, Exercisable ending balance			2,426,789	1,781,120
Weighted average exercise prices, Beginning balance | $ / shares			$ 0.08	$ 0	[1]
Weighted average exercise prices, Granted | $ / shares			0	0.32
Weighted average exercise prices, Forfeited | $ / shares			0.42	0	[1]
Weighted average exercise prices, Ending balance | $ / shares			0	0.08
Weighted average exercise prices, Excercisable ending balance | $ / shares			$ 0	$ 0	[1]
[1]Representing amount less than US$0.005.

Share-based payments - Disclo_2

Share-based payments - Disclosure of Number and Weighted Average Exercise Prices of Share Options (Detail) (Parenthetical) - shares	Dec. 31, 2023	Dec. 31, 2022
Disclosure of terms and conditions of share-based payment arrangement [line items]
Threshold limit for weighted average exercise price	0.005	0.005
Newlink Share Incentive Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Threshold limit for weighted average exercise price	0.005
Dada Share Incentive Plans [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Threshold limit for weighted average exercise price		0.005

Share-based payments - Disclo_3

Share-based payments - Disclosure of Detailed Information About Models Used for the Valuation of the Share Options (Detail)	12 Months Ended
	Dec. 31, 2023 USD ($) yr $ / shares	Dec. 31, 2022 USD ($) yr $ / shares
Binomial [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Weighted average fair values at the measurement date | $	$ 0.46
Expected life of share options (years)	9.85
Weighted average share price | $ / shares	$ 0.52
Binomial [Member] | Dada Share Incentive Plans [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Weighted average fair values at the measurement date | $		$ 0.27
Expected life of share options (years)		10
Weighted average share price | $ / shares		$ 0.28
Monte Carlo [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Weighted average share price | $ / shares	$ 0.59
Monte Carlo [Member] | Dada Share Incentive Plans [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Weighted average fair values at the measurement date | $		$ 0.03
Expected volatility (%)		63.11%
Risk–free interest rate (%)		2.14%
Weighted average share price | $ / shares		$ 0.24
Top of range [member] | Binomial [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Expected volatility (%)	67.66%
Risk–free interest rate (%)	4.59%
Top of range [member] | Binomial [Member] | Dada Share Incentive Plans [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Expected volatility (%)		67.38%
Risk–free interest rate (%)		3.72%
Top of range [member] | Monte Carlo [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Weighted average fair values at the measurement date | $	$ 0.58
Expected volatility (%)	61.16%
Risk–free interest rate (%)	3.82%
Expected life of share options (years)	8.75
Top of range [member] | Monte Carlo [Member] | Dada Share Incentive Plans [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Expected life of share options (years)		9.53
Bottom of range [member] | Binomial [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Expected volatility (%)	66.48%
Risk–free interest rate (%)	3.48%
Bottom of range [member] | Binomial [Member] | Dada Share Incentive Plans [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Expected volatility (%)		64.78%
Risk–free interest rate (%)		1.81%
Bottom of range [member] | Monte Carlo [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Weighted average fair values at the measurement date | $	$ 0.23
Expected volatility (%)	61.07%
Risk–free interest rate (%)	3.76%
Expected life of share options (years)	8.72
Bottom of range [member] | Monte Carlo [Member] | Dada Share Incentive Plans [Member]
Disclosure Of Models Used For The Valuation Of The Share Options [Line Items]
Expected life of share options (years)		9.13

Share-based payments - Disclo_4

Share-based payments - Disclosure of Detailed Information Expense from Share Based Payment Transactions (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure of terms and conditions of share-based payment arrangement [line items]
Cost of revenues	¥ 231,319	$ 32,581	¥ 86,647	¥ 29,587
Selling and marketing expenses	446,708	62,918	241,430	193,340
Administrative expenses	669,837	94,345	2,195,981	34,458
Research and development expenses	63,050	$ 8,880	36,557	30,253
Newlink Share Incentive Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Cost of revenues	8,895		5,322	82
Selling and marketing expenses	63,766		27,846	3,896
Administrative expenses	316,762		170,145	6,323
Research and development expenses	9,653		10,519	487
Total	¥ 399,076		¥ 213,832	¥ 10,788

Share-based payments - Addition

Share-based payments - Additional Information (Detail) $ / shares in Units, ¥ in Millions			1 Months Ended		7 Months Ended	12 Months Ended
	Jun. 10, 2022 shares	Mar. 18, 2022	Dec. 31, 2023 USD ($) shares	Jun. 30, 2023 shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2022 USD ($) shares $ / shares	Sep. 30, 2022 $ / shares	Jan. 31, 2022 $ / shares shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Outstanding granted share options	3,966,704						199,457,890	2,399,810
Share options exercised							48,463,868	3,170,010
Contractual term							8 years 9 months 18 days	9 years 1 month 6 days
Vesting period					3 years
Weighted average exercise price | $ / shares						$ 0.01
Binomial [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Weighted average fair value of options granted | $			$ 0.46			$ 0.46
2022 Share Incentive Plan of NaaS [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Outstanding granted share options							7,656,590	195,763,865
Percentage of number of shares issued and outstanding	1%
Term of options granted for share-based payment arrangement								10 years
Contractual term					10 years
Vesting period					5 years
ESOP Conversion [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Weighted average fair value of options granted | $			0.43		$ 0.2	0.43		$ 0.2
Dada Share Incentive Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Term of options granted for share-based payment arrangement							10 years
Percentage Of market capitalization of equity securities		100%
Dada Share Incentive Plan [Member] | Market Conditions [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period		9.13 years
Dada Share Incentive Plan [Member] | Sharebased Payment Expense [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period		9.53 years
Dada Share Incentive Plan [Member] | Director [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Percentage Of Share Options Vesting Based On Market Condition		25%
Dada Share Incentive Plan [Member] | Executive Officer [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Percentage Of Share Options Vesting Based On Market Condition		25%
Newlink Share Incentive Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Contractual term							10 years	9 years 29 days
Newlink Share Incentive Plan [Member] | Binomial [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Weighted average fair value of options granted | $			$ 3.04		$ 2.9	$ 3.04		$ 2.9
2022 Share Incentive Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period								3 to 5 years
RISE Share Incentive Plans [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Weighted average exercise price | $ / shares								$ 0.25
NAAS Dada Share Incentive Plan [Member] | Director [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Percentage of share options vesting on completion of merger		50%
2022 Amended Share Incentive Plan One [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Percentage of number of shares issued and outstanding				1%
2022 Amended Share Incentive Plan Two [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Percentage of number of shares issued and outstanding			1%
Employee Stock Options [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share based compensation by share based award expenses from modification of the terms | ¥							¥ 186.1
Class A ordinary shares [Member] | 2022 Share Incentive Plan of NaaS [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares issued					224,665,915			224,665,915
Class A ordinary shares [Member] | Dada Share Incentive Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares issued										224,665,915
Ordinary shares conversion ratio	32.951
Class A ordinary shares [Member] | 2022 Amended Share Incentive Plan One [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares issued				413,921,180
Top of range [member] | Binomial [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected volatility, share options granted							67.66%
Risk free interest rate, share options granted							4.59%
Top of range [member] | 2022 Share Incentive Plan of NaaS [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price of outstanding share options | $ / shares									$ 0.3
Top of range [member] | Dada Share Incentive Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price of outstanding share options | $ / shares										$ 0.3
Top of range [member] | Newlink Share Incentive Plan [Member] | Binomial [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected volatility, share options granted							51.90%	51.93%
Risk free interest rate, share options granted							3.88%	3.88%
Top of range [member] | Class A ordinary shares [Member] | 2022 Share Incentive Plan of NaaS [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares issued	249,770,760
Top of range [member] | Class A ordinary shares [Member] | 2022 Amended Share Incentive Plan Two [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares issued			490,563,333			490,563,333
Bottom of range [member] | Binomial [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected volatility, share options granted							66.48%
Risk free interest rate, share options granted							3.48%
Bottom of range [member] | 2022 Share Incentive Plan of NaaS [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price of outstanding share options | $ / shares									$ 0.0001
Bottom of range [member] | Dada Share Incentive Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price of outstanding share options | $ / shares										$ 0.000003
Bottom of range [member] | Newlink Share Incentive Plan [Member] | Binomial [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected volatility, share options granted							51.79%
Risk free interest rate, share options granted							3.49%
RISE Share Incentive Plans [Member] | Class A ordinary shares [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares issued					3,170,010			3,170,010
Newlink Share Incentive Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Outstanding granted share options							103,610	932,000
Share options exercised							0	0
Newlink Share Incentive Plan [Member] | Bottom of range [member] | Binomial [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected volatility, share options granted								48.03%
Risk free interest rate, share options granted								1.81%

Cash flow information - Cash u

Cash flow information - Cash used in operation Explanatory (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Disclosure of Cash used in operation Abstract [Abstract]
Loss before income tax	¥ (1,303,364)	$ (183,575)	¥ (5,627,504)	¥ (255,144)
Adjustments for:
Depreciation of property, plant and equipment	1,186		210	58
Amortization of intangible assets and other non-current assets	7,681		167	0
Depreciation of right-of-use assets	8,160		9,219	6,515
Financial assets and other items under expected credit loss model	72,931		20,587	3,205
Other financial assets	1,797		0	0
Provision for inventories loss	14,409		0	0
Equity-settled listing cost	0		1,912,693	0
Fair value change loss, net	204,039		3,156,745	0
Non-cash—share based payments	399,076		213,832	10,788
Interest income	(5,239)		(4,826)	0
Interest expense	32,960		10,238	1,097
Investment income	(9,397)		0	0
Increase in trade receivables and contract assets	(66,483)		(111,330)	(33,632)
Increase in prepayments, other receivables and other assets	(168,447)		(182,408)	(59,178)
Increase/(decrease) in trade and other payables	220,930		(7,164)	101,097
Increase in contract liabilities	56,121		24,019	6,080
Increase in inventories	(36,842)		0	0
Cash used in operations	(570,482)	(80,351)	(585,522)	(219,114)
Interest received	5,239	738	4,826	0
Net cash used in operating activities	¥ (565,243)	$ (79,613)	¥ (580,696)	¥ (219,114)

Cash flow information - Summar

Cash flow information - Summary of reconciliation of liabilities arising from financing activities explanatory (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of reconciliation of liabilities arising from financing activities [line items]
At January 1	¥ 519,750	¥ 19,633
Changes from financing cash flows	692,739	483,413
Revision of a lease term arising from a change in the non-cancellable period of a lease		(797)
New leases	4,516	7,263
Interest expenses	32,960	10,238
Increase arising from business combination	20,455
Changes in fair values	116,520
Conversion of convertible bonds to share capital	(319,335)
Disposal	(4,733)
Foreign exchange movement	1,382
At December 31	1,064,254	519,750
Interest-bearing bank borrowings [member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
At January 1	503,155	0
Changes from financing cash flows	236,453	503,155
New leases	0	0
Interest expenses	0	0
Increase arising from business combination	15,166
Changes in fair values	0
Conversion of convertible bonds to share capital	0
Disposal	0
Foreign exchange movement	0
At December 31	754,774	503,155
Interest payable [member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
At January 1	415	0
Changes from financing cash flows	(30,817)	(8,734)
New leases	0
Interest expenses	31,480	9,149
Increase arising from business combination	0
Changes in fair values	0
Conversion of convertible bonds to share capital	0
Disposal	0
Foreign exchange movement	0
At December 31	1,078	415
Lease liabilities [member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
At January 1	16,180	19,633
Changes from financing cash flows	(7,945)	(11,008)
Revision of a lease term arising from a change in the non-cancellable period of a lease		(797)
New leases	4,516	7,263
Interest expenses	783	1,089
Increase arising from business combination	5,289
Changes in fair values	0
Conversion of convertible bonds to share capital	0
Disposal	(4,733)
At December 31	14,090	16,180
Convertible bonds [member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
At January 1	0
Changes from financing cash flows	474,117
New leases	0
Interest expenses	0
Increase arising from business combination	0
Changes in fair values	116,520
Conversion of convertible bonds to share capital	(319,335)
Disposal	0
Foreign exchange movement	1,382
At December 31	272,684	0
Revenue-Based Financing [member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
At January 1	0
Changes from financing cash flows	20,931
New leases	0
Interest expenses	697
Increase arising from business combination	0
Changes in fair values	0
Conversion of convertible bonds to share capital	0
Disposal	0
Foreign exchange movement	0
At December 31	¥ 21,628	¥ 0

Cash flow information - Additio

Cash flow information - Additional information (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of Cash Flow Information [Line Items]
Additions to right-of-use assets	¥ 4,516	¥ 7,263
Newlink Technology Limited [Member]
Disclosure of Cash Flow Information [Line Items]
Cash advances and loans from related parties	0	27,200
Office Building [Member]
Disclosure of Cash Flow Information [Line Items]
Additions to right-of-use assets	3,725	3,154
Office Building [Member] | Non-cash transactions [Member]
Disclosure of Cash Flow Information [Line Items]
Additions to right-of-use assets	4,500	7,300
Charging stations [Member]
Disclosure of Cash Flow Information [Line Items]
Additions to right-of-use assets	791	4,109
Charging stations [Member] | Non-cash transactions [Member]
Disclosure of Cash Flow Information [Line Items]
Additions to right-of-use assets	¥ 4,500	¥ 7,300

Commitments - Summary of maturi

Commitments - Summary of maturity analysis of operating lease payments (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of maturity analysis of operating lease payments [line items]
Undiscounted Operating Lease Payments To Be Paid	¥ 4,618	¥ 3,530	¥ 5,645
Not later than one year [member]
Disclosure of maturity analysis of operating lease payments [line items]
Undiscounted Operating Lease Payments To Be Paid	¥ 4,618	¥ 3,530	¥ 5,645

Contingencies - (Additional Inf

Contingencies - (Additional Information) (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Text Block [Abstract]
Loss contingency, damages sought value	¥ 0	¥ 0

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Contribution from a shareholder		¥ 27,179	¥ 264,555
Share-based compensation from controlling shareholder ESOP	¥ 5,251	18,163
Additional paid-in capital [member]
Contribution from a shareholder		27,179	¥ 264,555
Share-based compensation from controlling shareholder ESOP	5,251	18,163
Newlink Technology Limited [Member]
Payments made by related party on behalf of entity	65,200	53,900
Newlink Technology Limited [Member] | Additional paid-in capital [member]
Contribution from a shareholder		27,200
Share-based compensation from controlling shareholder ESOP	5,300	18,200
Payroll and nonpayroll labor expenses [Member] | Newlink Technology Limited [Member]
Payments made by related party on behalf of entity	42,600	31,100
Rental Fees [Member] | Newlink Technology Limited [Member]
Payments made by related party on behalf of entity	3,200	4,100
Other Expenses [Member] | Newlink Technology Limited [Member]
Payments made by related party on behalf of entity	¥ 19,400	¥ 18,700

Related party transactions - Su

Related party transactions - Summary of Name and Relationship with Related Parties (Detail)	12 Months Ended
	Dec. 31, 2023
New Link [member]
Disclosure of name and relationship with related parites [line items]
Name of related parties	NewLink
Relationship with the group	Controlling Shareholder
Shenzhen Yuanwanghechu Technology Co Ltd [member]
Disclosure of name and relationship with related parites [line items]
Name of related parties	Shenzhen Yuanwanghechu Technology Co., Ltd
Relationship with the group	Significantly influenced by the Controlling Shareholder
Huzhou Zhidianlaile New Energy Technology Co Ltd [member]
Disclosure of name and relationship with related parites [line items]
Name of related parties	Huzhou Zhidianlaile New Energy Technology Co., Ltd
Relationship with the group	Significantly influenced by the Company

Related party transactions - _2

Related party transactions - Summary of Other Transactions between Related Parties (Detail) - Energy solution services [Member] ¥ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)
Disclosure of other transaction between related parties [line item]
Related party transactions	¥ 75,150
Shenzhen Yuanwanghechu Technology Co Ltd [Member]
Disclosure of other transaction between related parties [line item]
Related party transactions	74,460
Huzhou Zhidianlaile New Energy Technology Co Ltd [member]
Disclosure of other transaction between related parties [line item]
Related party transactions	¥ 690

Related party transactions - _3

Related party transactions - Summary of Balances with Related Parties (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 CNY (¥)
Disclosure of balances with related parties [line items]
Receivables due from related parties	¥ 27,703		¥ 0
Trade receivables	7,738
Allowance for expected credit loss	(335)
Amounts receivable, related party transactions	7,403
Amount due from related parties	27,703
Contract assets	77,684	$ 10,942	¥ 0
Shenzhen Yuanwanghechu Technology Co Ltd [Member]
Disclosure of balances with related parties [line items]
Receivables due from related parties	7,711
Amount due from related parties	8,865
Contract assets	26,125
Huzhou Zhidianlaile New Energy Technology Co Ltd [Member]
Disclosure of balances with related parties [line items]
Receivables due from related parties	27
New Link [Member]
Disclosure of balances with related parties [line items]
Amount due from related parties	¥ 18,838

Related party transactions - _4

Related party transactions - Summary of transactions between related parties (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of transactions between related parties [line items]
Short-term employee benefits	¥ 7,468	¥ 2,694	¥ 2,692
Share-based compensation	229,542	123,383	0
Total	¥ 237,010	¥ 126,077	¥ 2,692

Event occurring after the rep_2

Event occurring after the reporting period - Additional Information (Detail) - Mar. 15, 2024 - Major ordinary share transactions [member] - ADR [Member] - Private Placement [Member] $ / shares in Units, ¥ in Millions, $ in Millions	USD ($) $ / shares shares	CNY (¥) shares
Disclosure of non-adjusting events after reporting period [line items]
Increase decrease in the number of shares issued during the period | shares	4,761,905	4,761,905
Class of warrants or rights number of securities covered by warrants or rights | shares	4,761,905
Sale of stock issue price per share | $ / shares	$ 1.26
Proceeds from the issuance of shares and warrants	$ 6	¥ 42.6
Class of warrants or rights term	5 years	5 years
Class of warrants or rights exercise price per share | $ / shares	$ 1.49