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CONCENTRATION OF RISKS (Tables)
 3 Months Ended
Mar. 31, 2021
CONCENTRATION OF RISKS  
Schedule of major suppliers

 

Major Suppliers

 

Purchases

 

 

Percentage of

cost of revenue

 

 

Payable balance

 

(1st quarter ended March 31, 2021)

 

 

 

 

 

 

 

 

 

Singapore Highpolymer Chemical Products

 

$

776,469

 

 

 

27.09

%

 

$

1,324,528

 

Changzhou Pro-Tech Trade Co. Ltd

 

$

451,074

 

 

 

15.74

%

 

$

382,658

 

Luxchem Trading Sdn Bhd

 

$

404,056

 

 

 

14.09

%

 

$

404,056

 

 

 

$

1,631,599

 

 

 

56.92

%

 

$

2,111,242

 

 

Major Suppliers

 

Purchases

 

 

Percentage of

cost of revenue

 

 

Payable balance

 

(Financial year ended Dec 31, 2020)

 

 

 

 

 

 

 

 

Singapore Highpolymer Chemical Products

 

$

2,090,090

 

 

 

21.62

%

 

$

1,031,417

 

Luxchem Trading Sdn Bhd

 

$

1,350,069

 

 

 

13.96

%

 

$

572,938

 

Changzhou Pro-Tech Trade Co. Ltd

 

$

1,319,232

 

 

 

13.64

%

 

$

335,215

 

 

 

$

4,759,391

 

 

 

49.22

%

 

$

1,939,570