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Related Parties (Tables)
6 Months Ended
Jun. 30, 2023
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions

Loan activity for the six months ended June 30, 2023 and 2022 was as follows:

 

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2023

 

 

2022

 

 

2022

 

 

 

USD

 

 

RMB

 

 

USD

 

 

RMB

 

Balance at beginning of the period

 

$

-

 

 

 

-

 

 

$

-

 

 

 

-

 

Borrowings

 

 

669

 

 

 

4,600

 

 

 

958

 

 

 

6,117

 

Repayments

 

 

(669

)

 

 

(4,600

)

 

 

(913

)

 

 

(6,117

)

Foreign exchange

 

 

-

 

 

 

-

 

 

 

(45

)

 

 

-

 

Balance at end of the period

 

$

-

 

 

 

-

 

 

$

-

 

 

 

-

 

 

Sales to and purchases from ATR’s minority shareholder and its affiliates, which were in the ordinary course of business, for the three and six months ended June 30, 2023 and 2022 were as follows:

 

 

 

Three Months Ended June 30,

 

 

 

2023

 

 

2023

 

 

2022

 

 

2022

 

 

 

USD

 

 

RMB

 

 

USD

 

 

RMB

 

Purchases from related parties

 

$

1,880

 

 

 

13,223

 

 

$

3,760

 

 

 

24,654

 

Sales to related parties

 

$

303

 

 

 

2,342

 

 

$

2,292

 

 

 

15,164

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2023

 

 

2022

 

 

2022

 

 

 

USD

 

 

RMB

 

 

USD

 

 

RMB

 

Purchases from related parties

 

$

3,323

 

 

 

23,133

 

 

$

5,818

 

 

 

37,712

 

Sales to related parties

 

$

2,723

 

 

 

18,960

 

 

$

4,540

 

 

 

29,429

 

 

Balances outstanding with ATR's minority shareholder and its affiliates as of June 30, 2023 and December 31, 2022 were as follows:

 

 

June 30, 2023

 

 

June 30, 2023

 

 

December 31, 2022

 

 

December 31, 2022

 

 

 

USD

 

 

RMB

 

 

USD

 

 

RMB

 

Accounts receivable from related parties

 

$

247

 

 

 

1,789

 

 

$

1,066

 

 

 

7,352

 

Accounts payable to related parties

 

$

775

 

 

 

5,622

 

 

$

412

 

 

 

2,841

 

Other current liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Customer deposits

 

$

402

 

 

 

3,089

 

 

$

368

 

 

 

2,542