XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 243,048 $ 1,941,150
Restricted cash 181,283 184,437
Accounts receivable 53,887 522
Other receivable 905 19,327
Prepaid expenses 32,298
Advances to suppliers 73,538 49,672
Security Deposit 71,407
Loans receivable - related party 2,433,001
Due from related parties 215,989 75,301
Total current assets 3,273,058 2,302,707
Non-current assets    
Security Deposit 72,649
Property, plant and equipment, net 17,172 35,333
Total non-current assets 17,172 107,982
Total assets 3,290,230 2,410,689
Current liabilities    
Other payable 495,939 133,093
Due to related parties 15,723 23,682
Advance from customers 275,903 114,191
VAT payable 15,526 195,308
Total current liabilities 803,091 466,274
Total liabilities 803,091 466,274
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Common Stock, $0.0001 par value, 75,000,000 shares authorized; 9,110,000 and 9,110,000 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 911 911
Additional paid-in capital 4,358,269 4,358,269
Accumulated deficit (616,420) (1,214,945)
Accumulated other comprehensive loss (1,255,621) (1,199,820)
Total stockholders' equity 2,487,139 1,944,415
Total liabilities and stockholders' equity $ 3,290,230 $ 2,410,689