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Amount Due (From) To Related Parties
 12 Months Ended
Dec. 31, 2020
Related Party Transactions [Abstract]  
Amount Due (From) To Related Parties

12. AMOUNT DUE (FROM) TO RELATED PARTIES

 

    As of December 31,  
    2020     2019  
Amount due to related party B   $ 228,079     $ 213,735  
Amount due to related party C     24,690       23,137  
Amount due to related party D     16,849       15,789  
Amount due to related party E     131,013       122,774  
Amount due to related party F     -       716,113  
Amount due to related party G     279,137       261,582  
Amount due to related party H     7,922       33,692  
Amount due to related party I     1,559       1,473  
Amount due to related party J     222,099       21,531  
Amount due to related party K     41,356       41,626  
Amount due to related party L     14,668       14,668  
Total   $ 967,372     $ 1,466,120  

 

Related party B is Hunan Ezagoo Shopping Co. Ltd., Mr. Xiaohao Tan owns 2.4% of this company, and is the Legal Company Representative of this company. For the years ended ended December 31, 2020 and the years ended December 31, 2019, related party B advanced $228,079 and $213,735 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

 

Related party C is Ms. Weihong Wan, Assistant and Secretary of Mr. Xiaohao Tan. Ms. Weihong Wan is a shareholder and Legal Company Representative of Ruiyin (Shenzhen) Financial Leasing Limited, which is a shareholder of Beijing Ezagoo Zhicheng Internet Technology Limited (formerly known as Hunan Ezagoo Zhicheng Internet Technology Limited). For the years ended ended December 31, 2020 and the years ended December 31, 2019, related party C advanced $24,690 and $23,137 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

 

Related party D is Ms. Qianwen Zhang, spouse of Mr. Xiaohao Tan, a director of the Company. Ms. Qianwen Zhang is the Legal Company Representative of Beijing Ezagoo Zhicheng Internet Technology Limited (formerly known as Hunan Ezagoo Zhicheng Internet Technology Limited). For the years ended ended December 31, 2020 and the years ended December 31, 2019, related party D advanced $16,849 and $15,789 to the Company as working capital, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

 

Related party E is Changsha Kexibeier E-commerce Limited, 98% of its equity is owned by Mr. Xiaohao Tan, a director of the Company. For the years ended December 31, 2020 and the years ended December 31, 2019, related party E advanced $131,013 and $122,774 to the Company as working capital, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

 

Related party F is Hunan Homestead Asset Management Co. Ltd., a shareholder of Beijing Ezagoo Shopping Holding Limited, which is a shareholder of Beijing Ezagoo Zhicheng Internet Technology Limited (formerly known as Hunan Ezagoo Zhicheng Internet Technology Limited). For the years ended December 31, 2020, the Company advanced $689,427 to related party F, as compared to the related party F advanced $716,113 to the Company for the years ended December 31, 2019, both are as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose. It was expected to be repay from the related parties in the second quarter of year 2021.

 

Related party G is Kuaile Motors Camping Site Investment Development Limited. One of the shareholders of Beijing Ezagoo Zhicheng Internet Technology Limited (formerly known as Hunan Ezagoo Zhicheng Internet Technology Limited), Beijing Ezagoo Shopping Holding Limited owns 92% of Hunan Kuaile Motors Camping Site Investment Development Limited. Ms. Qianwen Zhang, spouse of Mr. Xiaohao Tan owns 8% of Hunan Kuaile Motors Camping Site Investment Development Limited and is the Legal Company Representative of this company. For the years ended December 31, 2020 and the years ended December 31, 2019, related party G advanced $279,137 and $261,582 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

 

Related party H is Hunan Yijiaren Hotel Limited. One of the shareholders of Beijing Ezagoo Zhicheng Internet Technology Limited (formerly known as Hunan Ezagoo Zhicheng Internet Technology Limited), Beijing Ezagoo Industrial Development Group Holding Limited (formerly known as Beijing Ezagoo Shopping Holding Limited) owns 90% of Hunan Yijiaren Hotel Limited, and Ms. Qianwen Zhang, spouse of Mr. Xiaohao Tan owns 10% of this company. For the years ended December 31, 2020 and the years ended December 31, 2019, related party H advanced $7,922 and $33,691 to the Company as working capital, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

 

Related party I is Hunan Bright Lionrock Mountain Resort Limited. Beijing Ezagoo Industrial Development Group Holding Limited (formerly known as Beijing Ezagoo Shopping Holding Limited), which is a shareholder of Beijing Ezagoo Zhicheng Internet Technology Limited (formerly known as Hunan Ezagoo Zhicheng Internet Technology Limited), owns 80% of Hunan Bright Lionrock Mountain Resort Limited. Mr. Xiao Hao Tan is the Legal Company Representative of this Company. For the years ended December 31, 2020 and the years ended December 31, 2019 related party I advanced $1,559 and $1,473 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

 

Related party J is Beijing Ezagoo Industrial Development Group Holding Limited (formerly knwon as Beijing Ezagoo Shopping Holding Limited). It is a shareholder of Beijing Ezagoo Zhicheng Internet Technology Limited (formerly known as Hunan Ezagoo Zhicheng Internet Technology Limited). For the years ended December 31, 2020 and the years ended December 31, 2019 related party J advanced $222,099 and $21,531 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

 

Related party K is Ruiyin (Shenzhen) Financial Leasing Limited, which is a shareholder of Beijing Ezagoo Industrial Development Group Holding Limited (formerly knwon as Beijing Ezagoo Shopping Holding Limited). Weihong Wan, Assistant and Secretary of Xiaohao Tan, is a shareholder and Legal Company Representative of related party K. For the years ended December 31, 2020 and the years ended December 31, 2019 related party K advanced $41,356 and $41,626 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

 

Related party L is Ezagoo B&R (HongKong) Industry Development Group Limited, which is a shareholder of Beijing Ezagoo Industrial Development Group Holding Limited (formerly knwon as Beijing Ezagoo Shopping Holding Limited), owns 100% of Ezagoo B&R (HongKong) Industry Development Group Limited. Mr. Xiao Hao Tan is the Legal Company Representative of this company. For the year ended December 31, 2020 and the years ended December 31, 2019 related party L advanced $14,668 and $14,668 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

 

During the year ended December 31, 2020, related parties imputed interest was $12,215.