XML 31 R10.htm IDEA: XBRL DOCUMENT v3.24.1
Deconsolidation
 12 Months Ended
Dec. 31, 2023
Deconsolidation  
Deconsolidation

Note 4 — Deconsolidation

 

During the year ended December 31, 2023, the Company disposed of Shenzhen Youmi, Qianhai Youshi, Shenzhen Tianyuemeng and their subsidiaries.

 

On May 31, 2023, the Company’s board approved the equity transfer agreement between Shenzhen Haiyun and Wanglihua, to transfer 100% equity interest of Shenzhen Youmi Technology Co., Ltd. and its subsidiary, Horgos Youmi Technology Co., Ltd, to Wanglihua. The Company recognized a loss of RMB 10 from the transfer.

 

On September 28, 2023, the Company’s board approved the equity transfer agreement between Shanghai Mengyun and Nengshen, to transfer 100% equity interest of Shenzhen Qianhai Youshi Technology Co., Ltd and its subsidiaries Shenzhen Yijia Network Technology Co., Ltd., Horgos Youshi Network Technology Co., Ltd. and Kashgar Youshi Information Technology Co., Ltd. to Nengshen. The Company recognized a loss of RMB 3,491,441 from the transfer.

 

On September 28, 2023, the Company’s board approved the equity transfer agreement between Shenzhen Mengyun and Nengshen, to transfer 100% equity interest of Shenzhen Tianyuemeng Technology Co., Ltd. and its subsidiary, Horgos Tianyuemeng Technology Co., Ltd, to Nengshen. The Company recognized a loss of RMB 1,672,887 from the transfer.

 

Since the disposal did not represent any strategic change of the Company’s operation, the disposal was not presented as discontinued operations.

Net assets of the entities disposed and gain on disposal was as follows:

 

                               
                            Total  
    Shenzhen
Youmi		     Qianhai
Youshi		     Shenzhen
Tianyuemeng		     RMB  
Total current assets     190,895       19,941,843       46,349,666       66,482,404  
Total other assets             491,638       39,323       530,961  
Total assets     190,895       20,433,481       46,388,989       67,013,365  
Total current liabilities     1,087,529       9,942,040       41,716,102       52,745,671  
Total net assets     (896,634 )     10,491,441       4,672,887       14,267,694  
Total consideration                              
Total loss on disposal     (10 )     (3,491,441 )     (1,672,887 )     (5,164,338 )