XML 49 R30.htm IDEA: XBRL DOCUMENT v3.23.2

Related parties

12 Months Ended

Mar. 31, 2023

Related parties

Related parties

24. Related parties

a) The table below sets forth the related party and the relationship with the Company:

​

​	​	​
Name of related party		Relationship with the Company
Xiaofeng Gao		Chairman of the Board of Directors and Co-Chief Executive Officer, 25.1% beneficial owner of the Company
Bin Fu Xuejun Ji		Director and Co-Chief Executive Officer of the Company and General Manager of Jisen Information Shareholder
Hunan Medical Star Technology Co., Ltd.( Medical Star)		Joint venture (Minority Owned Subsidiary of the Comapny)
Fujian Pingtan Ocean Fishery Group Co., Ltd. (“Fujian Fishery”)		Miniority Owned Subsidiary of the Company

​

b) The Company had the following related party balances with the related parties mentioned above:

​

​	​	​	​	​	​	​
​	​	As of March 31,
​		2023			2022
Amounts due to Xiaofeng Gao	​	$	2,199	​	$	2,542
Amounts due to Xuejun Ji	​	​	11,642	​	​	​
Amounts due to Bin Fu	​		40,747	​		44,107
Total	​		54,588	​		46,649

​

c) The Company had the following related party transaction with the related party mentioned above:

​

​	​	​	​	​	​	​
​	​	For the Years Ended March 31,
​		2023			2022
Expense paid by Xiaofeng Gao	​	$	3,178	​	$	2,443
Repayment to Xiaofeng Gao	​		3,514	​		256,972
Amounts received from Bin Fu	​		—	​		43,693
Repayment to Bin Fu	​		—	​		7,802
Sales to Medical Star	​		45,762	​		—

​

The Group did not have other significant balances or transactions with its related parties in the years ended March 31, 2023 and 2022.

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

The entire disclosure for related party transactions. Examples of related party transactions include 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

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-URI https://asc.fasb.org/topic&trid=2122745

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

+ Details

Name:	us-gaap_RelatedPartyTransactionsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration