XML 25 R14.htm IDEA: XBRL DOCUMENT v3.23.3
SHORT-TERM BORROWINGS
 9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
SHORT-TERM BORROWINGS SHORT-TERM BORROWINGS
At September 30, 2023 and December 31, 2022, short-term borrowings consisted of the following:
September 30,
2023		December 31,
2022
Line of credit up to RMB 150,000 from China Everbright Bank,
  
1)due on August 17, 2023 with an annual interest rate of 3.40%
$- $8,616 
2)due on September 1, 2023 with an annual interest rate of 3.60%
- 8,616 
   3)due on December 16, 2023 with an annual interest rate of 3.00%
4,179 4,308 
   4)due on August 29, 2024 with an annual interest rate of 3.00%
2,429 - 
Line of credit up to RMB 100,000 from Bank of Communications,
  
1)due on August 11, 2023 with an annual interest rate of 3.60%
- 8,616 
2)due on September 5, 2023 with an annual interest rate of 3.50%
- 5,744 
Line of credit up to RMB 40,000 from Bank of China,
  
1)due on August 26, 2023 with an annual interest rate of 3.15%.
- 5,744 
Line of credit up to RMB 40,000 from Bank of China,
  1)due on September 6, 2024 with an annual interest rate of 2.87%
5,572 - 
Line of credit up to RMB 100,000 from China Merchants Bank,
  
1)due on July 21, 2023 with an annual interest rate of 3.50%.
- 1,292 
2)due on July 27, 2023 with an annual interest rate of 3.50%.
- 1,292 
3)due on August 1, 2023 with an annual interest rate of 3.50%.
- 1,292 
4)due on August 3, 2023 with an annual interest rate of 3.50%.
- 1,292 
5)due on August 7, 2023 with an annual interest rate of 3.50%.
- 1,293 
6)due on August 14, 2023 with an annual interest rate of 3.50%.
- 1,293 
7)due on August 15, 2023 with an annual interest rate of 3.50%.
- 1,293 
8)due on August 21, 2023 with an annual interest rate of 3.50%.
- 1,005 
9)due on August 28, 2023 with an annual interest rate of 3.50%.
- 1,292 
10)due on September 13, 2023 with an annual interest rate of 3.50%.
- 1,292 
11)due on September 20, 2023 with an annual interest rate of 3.50%.
- 1,293 
12)due on October 7, 2023 with an annual interest rate of 3.50%
418 431 
Line of credit up to RMB 200,000 from China Merchants Bank,
 1)due on August 7, 2024 with an annual interest rate of 3.00%.
1,254 - - 
 2)due on August 8, 2024 with an annual interest rate of 3.00%.
1,254 - 
 3)due on August 9, 2024 with an annual interest rate of 3.00%.
1,254 - 
 4)due on August 14, 2024 with an annual interest rate of 3.00%.
1,254 - 
 5)due on August 17, 2024 with an annual interest rate of 3.00%.
1,254 - 
 6)due on August 20, 2024 with an annual interest rate of 3.00%.
1,254 - 
 7)due on August 21, 2024 with an annual interest rate of 3.00%.
1,254 - 
 8)due on August 22, 2024 with an annual interest rate of 3.00%.
1,254 - 
 9)due on August 24, 2024 with an annual interest rate of 3.00%.
1,254 - 
 10)due on August 27, 2024 with an annual interest rate of 3.00%.
1,254 - 
 11)due on August 29, 2024 with an annual interest rate of 3.00%.
1,254 - 
 12)due on August 30, 2024 with an annual interest rate of 3.00%.
1,254 - 
 13)due on September 3, 2024 with an annual interest rate of 3.00%.
1,253 - 
 14)due on September 5, 2024 with an annual interest rate of 3.00%.
1,253 - 
 15)due on September 6, 2024 with an annual interest rate of 3.00%.
1,253 - 
 16)due on September 10, 2024 with an annual interest rate of 3.00%.
1,253 - 
 17)due on September 12, 2024 with an annual interest rate of 3.00%.
1,253 - 
Total$33,911 $56,004 
For the three months ended September 30, 2023 and 2022, interest expense related to short-term borrowings amounted to $364 and $201, respectively, and for the nine months ended September 30, 2023 and 2022, interest expense related to short-term borrowings amounted to $1,338 and $326, respectively.