XML 48 R40.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Related Parties (Tables)
3 Months Ended
Mar. 31, 2024
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions

Loan activity for the three months ended March 31, 2024 and 2023 was as follows:

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2024

 

 

2023

 

 

2023

 

 

 

USD

 

 

RMB

 

 

USD

 

 

RMB

 

Balance at beginning of the period

 

$

665

 

 

 

4,713

 

 

$

-

 

 

 

-

 

Borrowings

 

 

-

 

 

 

-

 

 

 

229

 

 

 

1,570

 

Repayments

 

 

(664

)

 

 

(4,713

)

 

 

-

 

 

 

-

 

Foreign exchange

 

 

(1

)

 

 

-

 

 

 

-

 

 

 

-

 

Balance at end of the period

 

$

-

 

 

 

-

 

 

$

229

 

 

 

1,570

 

Sales to and purchases from ATR’s minority shareholder and its affiliates, which were in the ordinary course of business, for the three months ended March 31, 2024 and 2023 were as follows:

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2024

 

 

2023

 

 

2023

 

 

 

USD

 

 

RMB

 

 

USD

 

 

RMB

 

Purchases from related parties

 

$

1,237

 

 

 

8,848

 

 

$

1,443

 

 

 

9,910

 

Sales to related parties

 

$

190

 

 

 

1,356

 

 

$

2,420

 

 

 

16,618

 

 

Balances outstanding with ATR's minority shareholder and its affiliates as of March 31, 2024 and December 31, 2023 were as follows:

 

 

March 31, 2024

 

 

March 31, 2024

 

 

December 31, 2023

 

 

December 31, 2023

 

 

 

USD

 

 

RMB

 

 

USD

 

 

RMB

 

Accounts receivable from related parties

 

$

-

 

 

 

-

 

 

$

190

 

 

 

1,350

 

Accounts payable to related parties

 

$

1,068

 

 

 

7,713

 

 

$

401

 

 

 

2,841

 

Other current liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Customer deposits

 

$

105

 

 

 

761

 

 

$

149

 

 

 

1,056