| Related party transactions |
| 14. |
Related party transactions |
In addition to the related party information
disclosed elsewhere in the consolidated financial statements, the Group entered into the following material related party transactions.
| Name of party | | Relationship | | Mr. Zhao Jishuang | | A major shareholder of the Company | | Mr. Guo Yupeng | | A major shareholder of the Company | | Mr. Peng Siguang | | A major shareholder of the Company | | Met Chain Co., Limited | | An associate company of the company |
| | (a) | Major transactions with related parties |
| | |
For the years Ended December 31, | |
| | |
2022 | | |
2023 | | |
2024 | |
| | |
USD’000 | | |
USD’000 | | |
USD’000 | |
| | |
| | |
| | |
| |
| Advances from related parties | |
| | |
| | |
| |
| - Mr. Zhao Jishuang | |
| 1,469 | | |
| - | | |
| 431 | |
| - Mr. Peng Siguang | |
| - | | |
| - | | |
| 10 | |
| - Mr. Guo Yupeng | |
| 290 | | |
| - | | |
| - | |
| - Met Chain Co.,Limited | |
| 2,042 | | |
| - | | |
| - | |
| Total | |
| 3,801 | | |
| - | | |
| 441 | |
| | |
For the years Ended December 31, | |
| | |
2022 | | |
2023 | | |
2024 | |
| | |
USD’000 | | |
USD’000 | | |
USD’000 | |
| | |
| | |
| | |
| |
| Repayment of advances from related parties | |
| | |
| | |
| |
| - Mr. Zhao Jishuang | |
| 1,485 | | |
| 2,455 | | |
| 2,383 | |
| - Mr. Peng Siguang | |
| - | | |
| - | | |
| 10 | |
| - Mr. Guo Yupeng | |
| - | | |
| - | | |
| 290 | |
| - Met Chain Co., Limited | |
| - | | |
| 228 | | |
| 1,814 | |
| Total | |
| 1,485 | | |
| 2,683 | | |
| 4,497 | |
| | |
For the years Ended December 31, | |
| | |
2022 | | |
2023 | | |
2024 | |
| | |
USD’000 | | |
USD’000 | | |
USD’000 | |
| | |
| | |
| | |
| |
| Advances to related parties | |
| | |
| | |
| |
| - Mr. Guo Yupeng | |
| - | | |
| - | | |
| 12 | |
| - Met Chain Co., Limited | |
| - | | |
| - | | |
| 188 | |
| Total | |
| - | | |
| - | | |
| 200 | |
| | (b) | Balances with related parties |
| | |
As of
December 31, | | |
As of
December 31, | |
| | |
2023 | | |
2024 | |
| | |
USD’000 | | |
USD’000 | |
| Amounts due to related parties | |
| | |
| |
| Current | |
| | |
| |
| - Mr. Guo Yupeng | |
| 290 | | |
| - | |
| - Mr. Zhao Jishuang | |
| 1,952 | | |
| - | |
| - Met Chain Co., Limited | |
| 1,814 | | |
| - | |
| Total | |
| 4,056 | | |
| - | |
| | |
As of
December 31, | | |
As of
December 31, | |
| | |
2023 | | |
2024 | |
| | |
USD’000 | | |
USD’000 | |
| Amounts due from related parties | |
| | |
| |
| Current | |
| | |
| |
| - Mr. Guo Yupeng | |
| | | |
| 12 | |
| - Met Chain Co., Limited | |
| | | |
| 188 | |
| Total | |
| - | | |
| 200 | |
| (i) | Advances
from/to these related parties are unsecured, interest free and repayable on demand. |
|