XML 154 R28.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY
12 Months Ended
Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract]  
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY

21. CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY

 

The Company performed a test on the restricted net assets of consolidated subsidiary in accordance with U.S. Securities and Exchange Commission Regulation S-X Rule 4-08 (e) (3), “General Notes to Financial Statements” and concluded that it was not applicable for the Company to disclose the financial statements for the parent company as the restricted net assets of consolidated subsidiaries was US$52,924 as of December 31, 2023, which does not exceed 25 percent of consolidated net assets as of December 31, 2023.