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Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2022
Related Party Transactions [Abstract]  
Schedule of short term debt

As of June 30, 2022 and December 31, 2021, the Company had short-term debts to related parties of $3,381,529 and $3,524,765, respectively. The details of the loans are described as below.

Schedule of short term debt

 At June 30, 2022:

 

Name  Relationship to the Company  Amount   Interest Rate   Start Date  Maturity
Shor-term debt                   
Wei De Gang  CEO & Legal person of JXZD  $2,654,568    15%  May 31, 2011  May 31, 2014
Zhao Yan Ling  Former office manager of JXZD,
wife of Zhou Zhi Bin
   15,677    15%  January 1, 2011  December 31, 2013
Zhou Zhi Bin  Former CEO & Legal person of
JXZD
   7,465    15%  January 1, 2011  December 31, 2013
Tang Yong Hong  Manager of JXZD   321,804    15%  February 28, 2015  February 28, 2016
Yan Chun Yan  Accountant of JXZD   8,133    15%  August 31, 2014  August 31, 2015
Victor Sun  Shareholder of ZDRI   50,282        January 1, 2011  On Demand
Victor Sun  Shareholder of ZDRI   12,000    15%  April 25, 2022  May 2, 2023
Victor Sun  Shareholder of ZDRI   13,000    15%  May 2, 2022  May 2, 2023
                    
Current portion of long-term debt                   
Zhou Qiang  Office manager of JXZD   298,600    15%  December 18, 2012  December 18, 2015
Total     $3,381,529            

 

 

At December 31, 2021:

 

Name  Relationship to the Company  Amount   Interest Rate   Start Date  Maturity
Short-term debt                   
Wei De Gang  CEO & Legal person of JXZD  $2,789,697    15%  May 31, 2011  May 31, 2014
Zhao Yan Ling  Former office manager of JXZD,
wife of Zhou Zhi Bin
   16,475    15%  January 1, 2011  December 31, 2013
Zhou Zhi Bin  Former CEO & Legal person of
JXZD
   7,845    15%  January 1, 2011  December 31, 2013
Tang Yong Hong  Manager of JXZD   338,185    15%  February 28, 2015  February 28, 2016
Yan Chun Yan  Accountant of JXZD   8,481    15%  August 31, 2014  August 31, 2015
Victor Sun  Consultant & shareholder of ZDRI   50,282    0%  January 1, 2013  On Demand
                    
Current portion of long-term debt                   
Zhou Qiang  Office manager of JXZD  313,800    15%  December 18, 2012  December 18, 2015
                    
Total     $3,524,765