XML 16 R7.htm IDEA: XBRL DOCUMENT v3.25.3

ORGANIZATION AND BUSINESS DESCRIPTION

6 Months Ended

Jun. 30, 2025

ORGANIZATION AND BUSINESS DESCRIPTION

ORGANIZATION AND BUSINESS DESCRIPTION

1.ORGANIZATION AND BUSINESS DESCRIPTION

Baosheng Media Group Holdings Limited (“Baosheng Group” or the “Company”) was incorporated on December 4, 2018 under the laws of the Cayman Islands as an exempted company with limited liability. Baosheng Group, through its subsidiaries in the PRC, is engaged in providing online marketing channels to advertisers for them to manage their online marketing activities.

As of June 30, 2025, the accompanying condensed consolidated financial statements reflect the activities of Baosheng Group and each of the following entities:

​

​	​	​	​	​	​	​	​	​
​		Date of		Place of		% of		​
Name of Entity	​	Incorporation	​	Incorporation	​	Ownership	​	Principal Activities
Parent company:	​	​	​	​	​	​	​	​
Baosheng Group	​	December 4, 2018		Cayman Islands		Parent		Investment holding
Wholly owned subsidiaries of Baosheng Group	​	​	​	​	​	​	​	​
Baosheng Media Group Limited (“Baosheng BVI”)	​	December 14, 2018		British Virgin Islands		100		Investment holding
Baosheng Media Group (Hong Kong) Holdings Limited (“Baosheng HK”)	​	January 7, 2019		Hong Kong		100		Investment holding
Beijing Baosheng Technology Company Limited (“Beijing Baosheng”)	​	October 17, 2014		PRC		100		Provision of online marketing channels
Horgos Baosheng Advertising Co., Ltd. (“Horgos Baosheng”)	​	August 30, 2016		PRC		100		Provision of online marketing channels
Baosheng Technology (Horgos) Co., Ltd. (“Baosheng Technology”)	​	January 2, 2020		PRC		100		Provision of online marketing channels
Beijing Baosheng Network Technology Co., Ltd. (“Baosheng Network”)	​	March 21, 2021		PRC		100		Provision of online marketing channels
Beijing Xunhuo E-commerce Co., Ltd. (“Beijing Xunhuo”)	​	April 2, 2022		PRC		100		Live streaming
Beijing Zhiding Baosheng Network Technology Co. Ltd. (“Zhiding Baosheng”)	​	March 4, 2025		PRC		100		Network services
Yuansheng Meiyan Healthcare Service (Hainan) Co., Ltd. (“Yuansheng Meiyan”)	​	April 24, 2025	​	PRC	​	100	​	Healthcare services

​

For the six months ended June 30, 2025, Zhiding Baosheng and Yuansheng Meiyuan did not commence operations.

In May 2025, the Company dissolved the business of Kashi Baosheng Information Technology Co., Ltd. (“Kashi Baosheng”). The management believed the dissolution of Kashi Baosheng did not represent a strategic shift that has (or will have) a major effect on the Company’s operations and financial results. The dissolution was not accounted as discontinued operations in accordance with ASC 205-20. On the date of dissolution, Kashi Baosheng recorded net assets of $3,772. The Company recognized the loss of $3,725 dissolution of Kashi Baosheng in the account of “other loss, net” on the unaudited condensed consolidated statements of operations and comprehensive loss.

X

- References

No definition available.

+ Details

Name:	us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480424/946-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480424/946-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 810
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/810/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480922/205-10-S99-3

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 10
-Name Accounting Standards Codification
-Section S45
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481034/205-10-S45-5

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/205/tableOfContent

+ Details

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