2. Organization and Business Background

9 Months Ended

Sep. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization and Business Background

NOTE 2 –      ORGANIZATION AND BUSINESS BACKGROUND

Cosmos Group Holdings Inc. (the “Company” or “COSG”) incorporated in the state of Nevada on August 14, 1987.

The Company, through its subsidiaries, mainly engages in the provision of truckload transportation service in Hong Kong, in which the Company utilizes its owned trucks or independent contractor owned trucks for the pickup and delivery of freight from port to the designated destination, upon the customers’ request.

Description of subsidiaries

Name	Place of incorporation and kind of legal entity	Principal activities and place of operation	Particulars of issued/ registered share capital	Effective interest held
Lee Tat International Holdings Limited	British Virgin Islands	Investment holding	50,000 shares at US$1 each		100%
Lee Tat Transportation International Limited	Hong Kong	Logistic and delivery	10,000 ordinary shares for HK$10,000		100%
Cosmos Robotor Holdings Limited	British Virgin Islands	Investment holding	50,000 shares at US$0.001 each		100%
AiTeach International Limited	Hong Kong	AI Business	10,000 ordinary shares for HK$100		100%
Hong Kong Healthtech Limited	Hong Kong	AI Business	5,100 ordinary shares for HK$5,100		51%
Cosmos Robotor AI Education (Shenzhen) Limited	The People’s Republic of China	Education service	N/A		100%

COSG and its subsidiaries are hereinafter referred to as (the “Company”).