XML 24 R16.htm IDEA: XBRL DOCUMENT
v3.23.3

Long-Term Debts | 6 Months Ended
--- | ---
Jun. 30, 2023
Long-Term Debts [Abstract] |
Long-term debts | 10. Long-term debts On August 11, 2022, the Company entered into a line of credit agreement with Zhejiang Shaoxing Ruifeng Rural Commercial Bank for a credit line up to RMB100,000,000 with a due date on July 25, 2030. During the six months ended June 30, 2023, the Company borrowed RMB50,876,549 under the credit line and repaid RMB530,000. The outstanding loans bear an annual interest rate of 5.4% with repayment dates for parts of the loan ranging from September 20, 2022 to July 25, 2030. The loans are pledged by the land use right of the Company (mentioned in Note 7). As of June 30, 2023, the future maturities of long-term debts are as below:
As of June 30, |  | 2023 |
|  | (Unaudited) |
|  | RMB |
Remaining of 2023 |  |  | 650,000 |
2024 |  |  | 1,870,000 |
2025 |  |  | 2,490,000 |
2026 |  |  | 3,110,000 |
2027 |  |  | 3,730,000 |
Thereafter |  |  | 55,449,865 |
Total |  |  | 67,299,865 |

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

X
- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//470/tableOfContent + Details
Name: | us-gaap_LongTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration