Related Party Transactions

3 Months Ended

Mar. 31, 2022

Related Party Transactions [Abstract]

Related Party Transactions

Note 5 - Related Party Transactions

During the three months ended March 31, 2022 and 2021, Mr. Liang, the Company’s CEO, paid operating expenses on behalf of the Company in the amount of $nil and $754, respectively. As of March 31, 2022 and December 31, 2021, the Company had payable balance to Mr. Liang in the amount of $8,212 and $284, respectively.

On January 4, 2021, the Company purchased a vehicle from Patrick Liang, the President of the Company, for daily business operation, in the amount of $22,861, which equaled to the remaining vehicle loan balance with 7.11% interest rate annum for a period of 41 months and monthly installment of $558. As of March 31, 2022, $6,691 will be due within the next 12 months, out of $14,497 loan balance. The title of the car is under the process of transferring as of March 31, 2022.

During the three months ended March 31, 2022 and 2021, the Company incurred professional fee with Speedlight Consulting Services Inc. whose owner, Mr. Hengjiang Pang, is our director starting November 9, 2020, in the amount of $9,800 and $14,000, respectively. On March 31, 2022 and December 31, 2021, the Company had balance of due to Speedlight Consulting Services Inc in the amount of $60,000 and $63,000, respectively.