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Note 8 - Other Assets - Down Payment for Purchase of Investment Properties (Details)
¥ in Thousands, $ in Thousands
Dec. 31, 2022
USD ($)
Dec. 31, 2022
CNY (¥)
Jun. 30, 2022
USD ($)
Jun. 30, 2022
CNY (¥)
Oct. 02, 2013
USD ($)
Oct. 02, 2013
CNY (¥)
Dec. 02, 2010
USD ($)
Dec. 02, 2010
CNY (¥)
Original Investment (10% of Junzhou equity) $ 1,606 ¥ 10,000            
Less: Management Fee (803) (5,000)           ¥ (5,000)
Net Investment 803 5,000     $ 803 ¥ 5,000    
Less: Share of Loss on Joint Venture (22) (137)         $ 22 ¥ 137
Net Investment as Down Payment (Note *a) [1] 781 4,863 [2]            
Loans Receivable 814 5,000 $ 814 ¥ 5,000        
Interest Receivable 200 1,250 200 1,250        
Less: Impairment of Interest (150) (906) $ (150) ¥ (906)        
Transferred to Down Payment (Note *b) [3] 864 5,344            
* Down Payment for Purchase of Investment Properties 1,645 10,207            
Less: Effect of foreign currency exchange (65)              
Less: Provision of Impairment loss on other assets $ (1,580) ¥ (10,207)            
[1] In Fiscal 2011, the Company signed a Joint Venture agreement (the “Agreement”) with Jia Sheng Property Development Co. Ltd. (the “Developer”) to form a new company, Junzhou Co. Limited (“Joint Venture” or “Junzhou”), to jointly develop the “Singapore Themed Park” project (the “Project”). The Company paid RMB10,000 for the 10% investment in the Joint Venture. The Developer paid the Company a management fee of RMB 5,000 in cash upon signing of the Agreement, with a remaining fee of RMB 5,000 payable upon fulfilment of certain conditions in accordance with the Agreement. The Company further reduced its investment by RMB 137, or approximately $22, through the losses from operations incurred by the Joint Venture.
[2] Down Payment for Purchase of Investment Properties
[3] Amounts of RMB 5,000, or approximately $814, as disclosed in Note 5, plus the interest receivable on long-term loan receivable of RMB 1,250, or approximately $200, and impairment on interest of RMB 906, or approximately $150.