XML 75 R56.htm IDEA: XBRL DOCUMENT v3.23.2
Related parties (Tables)
12 Months Ended
Mar. 31, 2023
Related parties  
Schedule of related party balances

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