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v3.20.2

Organization and principal activities (Details Narrative) - CNY (¥) ¥ / shares in Units, ¥ in Thousands | 1 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | ---
Dec. 28, 2017 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
Statement [Line Items] |  |  |  |
Registered capital |  | ¥ 1,365 |  |
Voting interest |  | 27.30% |  |
VIEs [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Interest income on loan rate |  | 100.00% | 100.00% | 100.00%
Total assets percentage |  | 100.00% | 101.40% |
Total liabilities percentage |  | 99.30% | 99.90% |
Share Pledge Agreement [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Shareholders holding description |  | Shareholders holding 80% Equity Interests of Chutian pledged all of their equity interests in Chutian to Chutian Holding to guarantee the performance of Chutian’s obligations under the Exclusive Consigned Management Agreement, Shareholders Voting Proxy Agreement and Exclusive Purchase Option Agreement (the “Main Agreements”). |  |
Shareholders Voting Proxy Agreement [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Shareholders holding description |  | Chutian as the voting proxy of the Shareholders holding 80% Equity Interests of Chutian; |  |
Exclusive Purchase Option Agreement [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Shareholders holding description |  | Shareholders holding 80% Equity Interests of Chutian |  |
True Silver Limited [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Registered capital |  | ¥ 50,000 |  |
Country of incorporation |  | British Virgin Islands |  |
Date of incorporation |  | Jun. 28, 2016 |  |
Business acquisition consideration paid in cash | ¥ 228,000 |  |  |
Paid-up share capital |  | ¥ 50,000 |  |
Ordinary shares capital |  | 50,000 |  |
Chutian Financial Holdings (Hong Kong) Limited [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Registered capital |  | ¥ 10,000 |  |
Country of incorporation |  | Hong Kong |  |
Date of incorporation |  | Aug. 12, 2016 |  |
Paid-up share capital |  | ¥ 10,000 |  |
Ordinary shares capital |  | 100 |  |
Variable interest entity Hubei Chutian Microfinance Co., Ltd [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Registered capital | ¥ 450,000 | ¥ 450,000 |  |
Country of incorporation |  | PRC |  |
Variable interest entity, ownership percentage hold by True Silver | 80.00% |  |  |
Ownership interest held by the former shareholders | 88.70% |  |  |
Xiniya Holdings Limited [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Divestiture of business, consideration receivable in cash | ¥ 228,000 |  |  |
Hubei Chutian Microfinance Co., Ltd [Member] | VIE Agreements [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Contractual agreements description |  | Chutian Holding is deemed to control 80% of Chutian and have rights to consolidate 80% of Chutian’s financial results. |  |
Chutian and Chutian Holding [Member] | Management Service Agreement [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Exclusive Consigned Management Service Agreement |  | Chutian Holding is entitled to collect a service fee equal to 80% of the net operating income of Chutian (the “Service Fees”). The Service Fees are due and payable on a quarterly basis; provided, however, in principle, the payment of the Service Fees should not cause any difficulty to the operation of either party to this Agreement. The exclusive Consigned Management Service Agreement has a term of five (5) years. Chutian is not entitled to unilaterally terminate this Agreement.Chutian Holding has the right to terminate this Agreement by giving a thirty (30) day prior notice to Chutian. |  |
Ordinary Shares [Member] | True Silver Limited [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Share price | ¥ 1.00 |  |  |
Business acquisition consideration paid, shares issued | 772,283,308 |  |  |
Ordinary Shares [Member] | March 1, 2018 [Member] |  |  |  |
Statement [Line Items] |  |  |  |
Share price |  |  |  | ¥ 0.00005

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