XML 121 R52.htm IDEA: XBRL DOCUMENT

LONG-TERM BORROWING (Tables)

12 Months Ended

Dec. 31, 2020

LONG-TERM BORROWING

Schedule of loan agreement of long-term borrowing from bank

Amount

Original Amount

Annual

Repayment

Date

Borrower

Lender

(RMB)

(US$)

Interest Rate

Due Date

May 1, 2020

Bay State College

Small Business Administration (“SBA”)

9,594

1,470

1.00

May 2, 2022

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details