Advance from Customers

12 Months Ended

Dec. 31, 2021

Advance from Customers [Abstract]

ADVANCE FROM CUSTOMERS

11. ADVANCE FROM CUSTOMERS

The Company requires retail partners to sign cooperative agreement and to pay in advance for the supply of goods. Such advance is appropriated against future sales orders. These advances are interest free, unsecured and short-term in nature. The balance represents the Company’s contractual liabilities in connection with the deferred revenue to be recognized in future periods. (Note 4).