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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and equivalents $ 303 $ 5,325
Accounts receivable, net 16,820 45,077
Prepaid expenses 31,870 2,259
Advance to suppliers 4,732
Inventory, net 212,969 272,232
Total current assets 261,962 329,625
NONCURRENT ASSETS    
Security deposit 41,841 41,841
Right-of-use assets, net 1,213,472 1,374,158
Property and equipment, net 180,909 92,477
Intangible assets, net 1,037 7,386
Total non-current assets 1,437,259 1,515,862
TOTAL ASSETS 1,699,221 1,845,487
CURRENT LIABILITIES    
Bank overdraft 19,032 63,895
Accounts payable 62,583 50,382
Taxes payable 12,428 22,967
Accrued liabilities and other payables 77,109 357,138
Operating lease liabilities 161,732 157,170
Accrued interest on government loans 13,054 4,740
Government loans payable - current portion 4,427 130,591
Loan payables 11,814  
Loan from shareholder 2,393,785 1,108,008
Total current liabilities 2,755,964 1,894,891
NONCURRENT LIABILITIES    
Accrued rent 234,383
Operating lease liabilities 1,122,902 1,284,635
Loan payables 37,918  
Government loans payable 211,173 212,750
Total non-current liabilities 1,371,993 1,731,768
TOTAL LIABILITIES 4,127,957 3,626,659
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ DEFICIT    
Preferred stock $0.0001 par value; authorized shares 10,000,000
Common stock $0.0001 par value; authorized shares 100,000,000; issued and outstanding shares 33,009,000 as of December 31, 2021 and 2020 3,301 3,301
Additional paid in capital 4,926,879 4,926,879
Accumulated deficit (7,358,916) (6,711,352)
TOTAL STOCKHOLDERS’ DEFICIT (2,428,736) (1,781,172)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 1,699,221 $ 1,845,487