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Subsequent Event | 3 Months Ended
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Mar. 31, 2023
Subsequent Event |
Subsequent Event | Note 20. Subsequent Event ​ In April 2023, each of Xiaoyi XingAn and JiYa, our equity investment entities, paid to us a dividend of $1.8 million. We have no current intentions to distribute to our investors earnings under our corporate structure. ​ In April 2023, our consolidated subsidiary, ChaoYang XinMei received a subsidy of approximately $730,000 from the provincial government in China. The aim of the fund is to support innovation in enterprises. ​ In May 2023, the Company entered into an agreement to divest 15% of its equity investments in Emeishan JiaMei High Pure Materials Co., Ltd. to a third party for approximately $875,000. Upon completion of the sale, the Company’s ownership in Emeishan JiaMei High Pure Materials Co., Ltd. will be reduced to 10%. ​

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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