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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net profit/(loss) including noncontrolling interest $ 295,362 $ 787,465
Adjustment to reconcile net profit/(loss) from operations:    
Depreciation expense 46,600 42,588
Changes in Operating Assets and Liabilities    
Inventory (5,249) (240,725)
Prepaid tax (78,711) (24,276)
Accounts receivables and deposits (21,287) (288,408)
Accounts payable and accrued expenses (271,450) 151,745
Other payables 11,264 8,500
Net cash provided by (used in) operating activities (23,472) 436,888
Cash flows from investing activity    
Purchase of property and equipment 0 (2,636)
Advances received from/(made to) related parties    
Net cash used in investing activity 0 (2,636)
Cash flows from financing activities    
Proceeds/(Repayment) to related party, net 48,100 (352,031)
Proceeds/(Repayments) from loan, net (57,559) (119,023)
Net cash used in financing activities (9,459) (471,054)
Effect of exchange rate changes (1,946) (2,376)
Net increase (decrease) in cash and cash equivalents (34,877) (39,178)
Cash and cash equivalents at beginning of period 50,459 171,678
Cash and cash equivalents at end of period 15,582 132,500
Supplemental disclosures of cash flow information    
Interest paid 6,922 12,138
Income taxes (refund)/paid $ 78,711 $ 24,276