XML 55 R36.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Related Party Balances and Transactions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Related Party Balances and Transactions [Abstract] |
Schedule of Relationship of Related Parties | The relationship of related parties
Name of Related Party |  | Relationship to the Company
Guangzhou Jiatu Culture Media Co., Ltd. (formerly as Guangzhou Powerbridge Blockchain Co., Ltd.) (1) |  | Company has significant influence over with this entity
Ban Lor |  | Co-founder, CEO’s brother
Stewart Lor |  | CEO
Yuxia Xu |  | CFO
Hong Yu |  | shareholder of Zhixin
Shanghai Stamp Technology Co., Ltd. |  | The Company owns equity interest
Phillip Tao Qiu |  | Independent Director
Guangodong Guangrui Network Technology Co., Ltd. (Guangdong Guangrui) |  | Company has significant influence over with this entity.
Xiaoyan Liu |  | Shareholder of Ascendent
Zhongchuan Dadi (Beijing) Technology Co., LTD |  | Shareholder of Ascendent
Shanghai Yue See cultural development Co., LTD |  | Shareholder of Metafusion
(1) | On June 2, 2022, the Company’s CFO sold the equity interest in Jiatu Culture Media Co., Ltd., so Jiatu Culture Media Co., Ltd. no longer considered as a related party.
Schedule of Due from Related Parties | Due from related parties
|  | As of December 31, |
|  | 2023 |  |  | 2022 |
Shanghai Stamp Technology Co., Ltd. (1) |  | $ | - |  |  | $ | 172,811 |
Ban Lor (2) |  |  | 17,155 |  |  |  | 37,638 |
Stewart Lor (2) |  |  | 452,598 |  |  |  | 1,566,478 |
Yuxia Xu |  |  | 207,236 |  |  |  | 363,666 |
Phillip Tao Qiu(2) |  |  | 600,000 |  |  |  | - |
Xiaoyan Liu (2) |  |  | 87,990 |  |  |  | - |
Subtotal |  | $ | 1,364,979 |  |  | $ | 2,140,593 |
(1) | In connection with the acquisition of Smartconn, the balance was effectively settled.
(2) | From time to time, the Company advances funds to senior management for business purpose.
Due to related parties
|  | As of December 31, |
|  | 2023 |  |  | 2022 |
Hong Yu (1) |  | $ | - |  |  | $ | 118,114 |
Shanghai Yue See cultural development Co., LTD (1) |  |  | 39,985 |  |  |  | - |
Zhongchuan Dadi (Beijing) Technology Co., LTD (1) |  |  | 223 |  |  |  | - |
Subtotal |  | $ | 40,208 |  |  | $ | 118,114 |
(1) | The above balances represent unpaid loan and expenses to these related parties.
Schedule of Related Party Transactions | Related party transactions
|  |  |  | For the years ended |
|  |  |  | 2023 |  |  | 2022 |  |  | 2021 |
Guangzhou Guangrui(1) |  | Service fees |  | $ | - |  |  | $ | - |  |  | $ | 725,362 |
Guangzhou Jiatu Culture Media Co., Ltd. |  | Service fees |  | $ | - |  |  | $ | 62,667 |  |  | $ | - |
Stewart Lor |  | Interest income |  | $ | 50,663 |  |  | $ | 117,569 |  |  | $ | - |
Yuxia Xu |  | Interest income |  | $ | 16,778 |  |  | $ | 22,802 |  |  | $ | - |
Shanghai Stamp Technology Co., Ltd. |  | Interest income |  | $ | - |  |  | $ | 1,771 |  |  | $ | - |
Shanghai Yue See cultural development Co., LTD |  | Service revenue |  | $ | 4,195 |  |  | $ | - |  |  | $ | - |
(1) | As the disposal of Shantou Hongrui in February 2022, Guangzhou Guangrui was no longer considered as a related party.

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | xtkg_ScheduleOfDueFromRelatedPartiesTableTextBlock
Namespace Prefix: | xtkg_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The tablour disclosure of relationship of related parties. + References No definition available. + Details
Name: | xtkg_ScheduleOfRelationshipOfRelatedPartiesTableTextBlock
Namespace Prefix: | xtkg_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration