RELATED PARTY TRANSACTIONS	9 Months Ended
Sep. 30, 2021
RELATED PARTY TRANSACTIONS
NOTE 5 - RELATED PARTY TRANSACTIONS	NOTE 5 – RELATED PARTY TRANSACTIONS Due from Related Party For the nine months ended September 30, 2021 and for the year ended December 31, 2020, the Company’s loan to related party were $nil and $12,256, respectively. Loan from Related Party For the nine months ended September 30, 2021 and 2020, the Company borrowed additional loan from the sole officer in the amounts of $53,332 and $30,057, respectively. As of September 30, 2021 and December 31, 2020, the Company obligated to the officer, for an unsecured, non-interest-bearing demand loan with a balance of $393,618 and $340,286, respectively. Sales to Related Party For the nine months ended September 30, 2021 and 2020, net sales to Entity A were $434,288 and $161,059, accounted for 100% of the sales the Company generated for the related periods, respectively. The accounts receivable as of September 30, 2021 and December 31, 2020 were $nil and $48,934, which accounted for 100% of the accounts receivable of the Company for the related periods, respectively. As of September 30, 2021, the Company held advance from the customer – related party in the amount of $90,116 for the future sales orders. Lease Agreement On June 1, 2020, the Company entered into a lease agreement with Entity A in Chongqing, China for the period from June 1, 2020 to May 31, 2021. Pursuant to the lease agreement, the Company pays a monthly rent of RMB40,000 (approximately $6,100) paid quarterly before the start of each quarter. The lease is for a one-year term and the Company has the priority to renew the lease. The Company tend to keep leasing the property after the lease term ends. Therefore, based on the lease agreement, we did the recognition of right-of-use (“ROU”) assets and lease liabilities on the balance sheet. Refer to Note 8 – Lease for details.

RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2021

NOTE 5 – RELATED PARTY TRANSACTIONS

Due from Related Party

For the nine months ended September 30, 2021 and for the year ended December 31, 2020, the Company’s loan to related party were $nil and $12,256, respectively.

Loan from Related Party

For the nine months ended September 30, 2021 and 2020, the Company borrowed additional loan from the sole officer in the amounts of $53,332 and $30,057, respectively. As of September 30, 2021 and December 31, 2020, the Company obligated to the officer, for an unsecured, non-interest-bearing demand loan with a balance of $393,618 and $340,286, respectively.

Sales to Related Party

For the nine months ended September 30, 2021 and 2020, net sales to Entity A were $434,288 and $161,059, accounted for 100% of the sales the Company generated for the related periods, respectively. The accounts receivable as of September 30, 2021 and December 31, 2020 were $nil and $48,934, which accounted for 100% of the accounts receivable of the Company for the related periods, respectively. As of September 30, 2021, the Company held advance from the customer – related party in the amount of $90,116 for the future sales orders.

Lease Agreement

On June 1, 2020, the Company entered into a lease agreement with Entity A in Chongqing, China for the period from June 1, 2020 to May 31, 2021. Pursuant to the lease agreement, the Company pays a monthly rent of RMB40,000 (approximately $6,100) paid quarterly before the start of each quarter. The lease is for a one-year term and the Company has the priority to renew the lease. The Company tend to keep leasing the property after the lease term ends. Therefore, based on the lease agreement, we did the recognition of right-of-use (“ROU”) assets and lease liabilities on the balance sheet. Refer to Note 8 – Lease for details.