XML 67 R49.htm IDEA: XBRL DOCUMENT v3.23.1
Loans to Third Parties (Details)
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2022
CNY (¥)
Dec. 31, 2021
USD ($)
Mar. 31, 2023
USD ($)
Mar. 14, 2023
USD ($)
Jan. 19, 2023
USD ($)
Jan. 16, 2023
USD ($)
Jan. 05, 2023
CNY (¥)
Dec. 31, 2022
CNY (¥)
Loans to Third Parties (Details) [Line Items]                  
Annual interest (in Dollars) | $     $ 300,000            
Percentage of unsecured annual interest     4.85%            
Interest rate     10.00%            
Loan to third parties, description Pursuant to the agreement with Shenzhen Kezhi Technology Co., Ltd.(“Kezhi”) on September 25, 2020 and a series of amendments entered during the period from September 25, 2020 to May 16, 2021, the Company intends to expand to media business through Kezhi. The Company originally planned to acquire certain media business assets from Kezhi, however, due to uncertainties in COVID-19, the Company and Kezhi ultimately reached into a final agreement (“Final agreement”) on May 16, 2021. Pursuant to the Final agreement, the Company agreed to extend a working capital support loan to Kezhi in aggregated of $64,420,344 (RMB444,320,000) with expected annual returns over two years and coupon interest rate of 5%. Pursuant to the agreement with Shenzhen Kezhi Technology Co., Ltd.(“Kezhi”) on September 25, 2020 and a series of amendments entered during the period from September 25, 2020 to May 16, 2021, the Company intends to expand to media business through Kezhi. The Company originally planned to acquire certain media business assets from Kezhi, however, due to uncertainties in COVID-19, the Company and Kezhi ultimately reached into a final agreement (“Final agreement”) on May 16, 2021. Pursuant to the Final agreement, the Company agreed to extend a working capital support loan to Kezhi in aggregated of $64,420,344 (RMB444,320,000) with expected annual returns over two years and coupon interest rate of 5%.              
Collected value $ 4,808,152               ¥ 33,162,788
Outstanding balance $ 59,612,192 ¥ 411,157,212              
Subsequent Event [Member]                  
Loans to Third Parties (Details) [Line Items]                  
Collected value | $       $ 26,849,931 $ 204,758 $ 1,449,864 $ 520,174    
Mr. Su Haoqing [Member] | Subsequent Event [Member]                  
Loans to Third Parties (Details) [Line Items]                  
Settled amount | ¥               ¥ 59,612,192  
Debt amount | ¥               ¥ 411,157,212