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Additional Paid-in Capital - Capital Contribution
12 Months Ended
Dec. 31, 2020
Additional Paid-in Capital - Capital Contribution  
Additional Paid-in Capital - Capital Contribution

17. ADDITIONAL PAID-IN CAPITAL – CAPITAL CONTRIBUTION

 

As of December 31, 2020, the Company has a total additional paid-in capital - capital contribution balance of $1,308,646. It includes $725,690 capital contribution from related party J and $8,949 for service contracts where the performance obligation is not able to recognize, capital contribution is recorded for any payments received in 2018 and $39,368 capital contribution as the performance obligation is not able to recognize in 2017.

  

Related party J is Beijing Ezagoo Industrial Development Group Holding Limited (formerly known 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).