XML 100 R85.htm IDEA: XBRL DOCUMENT v3.23.1
Discontinued Operations (Details) - USD ($)
1 Months Ended
Nov. 04, 2021
Aug. 02, 2021
Apr. 09, 2021
May 07, 2020
Mar. 18, 2021
Jul. 24, 2020
Sep. 18, 2019
Discontinued Operations (Details) [Line Items]              
Discontinued operation, description             Pursuant to the terms of the Agreement, the Buyer purchased 100% ownership of HeDeTang Holdings (HK) Ltd. (“HeDeTang HK”) from SkyPeople Foods, which value is primarily derived from HeDeTang HK’s wholly-owned subsidiary HeDeJiaChuan Holdings Co., Ltd. and 73.41% owned subsidiary SkyPeople Juice Group Co., Ltd., for a total price of RMB 600,000 (approximately $85,714) (the “Sale Transaction”). The Sale Transaction was closed on February 27, 2020. In accordance with ASC Topic 205, Presentation of Financial Statement Discontinued Operations (“ASC Topic 205”), the Company presented the operation results of HeDeTang HK and its subsidiaries as a discontinued operation, as the Company believed that no continued cash flow would be generated by the discontinued component and that the Company would have no significant continuing involvement in the operations of the discontinued component. The total assets of HeDeTang HK were $106.85 million as of February 27, 2020 and the total liabilities of HeDeTang HK were $212.80 million as of February 27, 2020, resulting in a gain on disposal of $101.05 million. There was no income or loss from HeDeTang HK from January 1, 2020 to the close of the Sale Transaction.
Chain Future Digital Tech (Beijing) Co., Ltd. [Member]              
Discontinued Operations (Details) [Line Items]              
Gain on disposal         $ 180,000    
Future Business Management Co., Ltd [Member]              
Discontinued Operations (Details) [Line Items]              
Gain on disposal       $ 0      
Hedetang Farm Products Trading Markets (Mei County) Co., Ltd. [Member]              
Discontinued Operations (Details) [Line Items]              
Gain on disposal           $ 18,200,000  
FT Commercial Management (Beijing) Co., Ltd [Member]              
Discontinued Operations (Details) [Line Items]              
Loss on disposal     $ 22,623        
Guangchengji (Guangdong) Industrial Co., Ltd [Member]              
Discontinued Operations (Details) [Line Items]              
Loss on disposal   $ 3,680,000          
Future Supply Chain Co., Ltd [Member]              
Discontinued Operations (Details) [Line Items]              
Gain on disposal $ 1,140,000