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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net profit/(loss) including noncontrolling interest $ 787,465 $ 132,115
Adjustment to reconcile net profit/(loss) from operations:    
Depreciation expense 42,588 35,949
Changes in Operating Assets and Liabilities    
Inventory (240,725) (65,117)
Prepaid tax (24,276) 57,704
Accounts receivables and deposits (288,408) 8,011
Accounts payable and accrued expenses 151,745 8,151
Other payables 8,500 3,500
Net cash provided by operating activities 436,888 180,313
Cash flows from investing activity    
Purchase of property and equipment (2,636) (2,851)
Net cash used in investing activity (2,636) (2,851)
Cash flows from financing activities    
Proceeds/(Repayment) to related party, net (352,031) (51,859)
Proceeds/(Repayments) from loan, net (119,023) (9,526)
Net cash used in financing activities (471,054) (61,385)
Effect of exchange rate changes (2,376) (964)
Net increase (decrease) in cash and cash equivalents (39,178) 115,113
Cash and cash equivalents at beginning of period 171,678 36,431
Cash and cash equivalents at end of period 132,500 151,544
Supplemental disclosures of cash flow information    
Interest paid 12,138 12,138
Income taxes (refund)/paid $ 24,276 $ (57,704)