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

Loan activity for the nine months ended September 30, 2023 and 2022 was as follows:

 

 

 

Nine Months Ended September 30,

 

 

 

2023

 

 

2023

 

 

2022

 

 

2022

 

 

 

USD

 

 

RMB

 

 

USD

 

 

RMB

 

Balance at beginning of the period

 

$

-

 

 

 

-

 

 

$

-

 

 

 

-

 

Borrowings

 

 

1,099

 

 

 

7,604

 

 

 

5,776

 

 

 

38,470

 

Repayments

 

 

(1,096

)

 

 

(7,604

)

 

 

(4,251

)

 

 

(27,618

)

Foreign exchange

 

 

(3

)

 

 

-

 

 

 

-

 

 

 

-

 

Balance at end of the period

 

$

-

 

 

 

-

 

 

$

1,525

 

 

 

10,852

 

 

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

 

 

 

Three Months Ended September 30,

 

 

 

2023

 

 

2023

 

 

2022

 

 

2022

 

 

 

USD

 

 

RMB

 

 

USD

 

 

RMB

 

Purchases from related parties

 

$

1,913

 

 

 

13,752

 

 

$

1,020

 

 

 

7,539

 

Sales to related parties

 

$

18

 

 

 

346

 

 

$

2,419

 

 

 

16,620

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30,

 

 

 

2023

 

 

2023

 

 

2022

 

 

2022

 

 

 

USD

 

 

RMB

 

 

USD

 

 

RMB

 

Purchases from related parties

 

$

5,236

 

 

 

36,885

 

 

$

6,838

 

 

 

45,251

 

Sales to related parties

 

$

2,741

 

 

 

19,306

 

 

$

6,959

 

 

 

46,049

 

 

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

 

 

September 30, 2023

 

 

September 30, 2023

 

 

December 31, 2022

 

 

December 31, 2022

 

 

 

USD

 

 

RMB

 

 

USD

 

 

RMB

 

Accounts receivable from related parties

 

$

133

 

 

 

974

 

 

$

1,066

 

 

 

7,352

 

Accounts payable to related parties

 

$

876

 

 

 

6,392

 

 

$

412

 

 

 

2,841

 

Other current liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Customer deposits

 

$

380

 

 

 

2,772

 

 

$

368

 

 

 

2,542