XML 52 R34.htm IDEA: XBRL DOCUMENT v3.22.1
Related Parties Transactions (Tables)
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Schedule of amount due from related parties
        As of
December 31,
 
    Relationship   2021     2020  
Ye Aiyun   Shareholder of the Company   $
-
    $ 142,450  
Shenzhen Weilian Jin Meng Culture Spreading Limited   Zhu Hong is the shareholder     81,690      
-
 
Total       $ 81,690     $ 142,450  

 

Schedule of amount due to related parties
        As of
December 31,
 
    Relationship   2021     2020  
Zhu Hong   Shareholder of the Company   $ 79,849     $ 1,059,853  
Zhu Jian Yong   Shareholder of the Company    
-
      1,731  
Shenzhen Weilian Jin Meng Culture Spreading Limited   Zhu Hong is the shareholder    
-
      24,800  
Shenzhen Nainiang Liquor Industrial Co., Ltd.*   Zhu Hong is the shareholder    
-
      10,768  
Total       $ 79,849     $ 1,097,152  

 

  * Shenzhen Nainiang Liquor Industrial Co., Ltd. became the wholly owned subsidiary of the Company after the acquisition transaction which was closed on August 16, 2021. All intra-company transactions and balances have been eliminated on consolidation.

 

Schedule of transactions
    For the years ended
December 31,
 
    2021     2020  
Cash advance from related parties                
Shenzhen Nainiang Liquor Industrial Co., Ltd.*   $
-
    $ 66,683  
Shenzhen Weilian Jin Meng Culture Spreading Limited    
-
      29,282  
Total   $
-
    $ 95,965  

 

    For the years ended
December 31,
 
    2021     2020  
Cash advance to related parties                
Zhu Hong    
-
      200,876  
Ye Aiyun    
-
      76,830  
Shenzhen Weilian Jin Meng Culture Spreading Limited     81,690       6,204  
Shenzhen Nainiang Liquor Industrial Co., Ltd.*    
-
      56,492  
Total   $ 81,690     $ 340,402  

 

    For the years ended
December 31,
 
    2021     2020  
Cash repayment from related parties                
Ye Aiyun     142,450      
-
 
Zhu Hong    
-
      1,093,131  
Total   $ 142,450     $ 1,093,131  

 

    For the years ended
December 31,
 
  2021     2020  
Cash repayment to related parties                
Zhu Hong     980,004      
-
 
Shenzhen Weilian Jin Meng Culture Spreading Limited     24,800      
-
 
Zhu Jian Yong     1,731      
-
 
Total   $ 1,006,535     $
-
 

 

    For the years ended
December 31,
 
  2021     2020  
Expense paid on behalf by related parties                
Zhu Hong    
-
      15,758  
Total   $
-
    $ 15,758  

 

  * Shenzhen Nainiang Liquor Industrial Co., Ltd. became the wholly owned subsidiary of the Company after the acquisition transaction which was closed on August 16, 2021. All intra-company transactions and balances have been eliminated on consolidation.