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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2023
Accounting Policies [Abstract]  
Schedule of estimated useful lives of property, plant and equipment
 
Fixed assets Useful life
Furniture 5 years
Equipment 5 years
Warehouse 39 years
Improvement 5 years
Land N/A
Schedule of Fair Value Assets And Liabilities Measured On Recurring Basis
                    
   June 30, 2023 (unaudited) 
   Fair Value   Carrying 
   Level 1   Level 2   Level 3   Value 
Assets                    
Marketable securities:                    
Stock  $60,694   $   $   $60,694 
Total assets measured at fair value  $60,694   $   $   $60,694 

 

 

   December 31, 2022 
   Fair Value   Carrying 
   Level 1   Level 2   Level 3   Value 
Assets                
Marketable securities:                    
Stock  $105,470   $   $   $105,470 
Total assets measured at fair value  $105,470   $   $   $105,470 

 

 

The carrying amount of the Company’s financial assets and liabilities, such as cash, accounts receivable, inventory, other receivables, prepaid expenses, deposit, accounts payable, treasury stock payable and accrued expenses, other current liabilities, customer deposit, approximate their fair value because of the short maturity of those instruments.

 

Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated.

 

However, it is not practical to determine the fair value of advances from stockholders, if any, due to their related party nature.

 

Schedule of anti dilutive shares
        
Six Months Ended June 30,  2023   2022 
Stock options   457,934    367,787 
Total   457,934    367,787 
Schedule Of Intercompany Foreign Currency Balances
               
   

Average Rate for the Six Months Ended

June 30,

 
   

2023

(Unaudited)

   

2022

(Unaudited)

 
China Yuan (RMB)   RMB 6.9243     RMB 6.4749  
United States Dollar ($)   $ 1.0000     $ 1.0000