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LEASE (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
SCHEDULE OF DETAILS OF LEASE TERM

The details lease terms are shown as followings:

  

Lease agreement  Expiry Date  Original
Lease Term
  The Remaining
Lease Term
 
1st Changsha office rent, related party  Dec 31, 2024  2 years   0.25 year 
2nd Beijing office rent, related party  Dec 31, 2024  1 year   0.25 year 
3rd Changsha office rent, related party  Aug 1, 2024  1 year   0 year
SCHEDULE OF LEASE EXPENSE AND SUPPLEMENTAL ASH FLOW INFORMATION RELATED TO LEASES

The components of lease expense and supplemental cash flow information related to leases are as following:

  

   2024   2023 
   Nine months ended September 30, 
   2024   2023 
     
Leases Cost (included in general and administration in the Company’s unaudited condensed statement of operations)          
Amortization of right-of-use assets  $20,143   $128,483 
Interest of operating lease liabilities   478    1,155 
Total lease cost  $20,621   $129,638 
           
Other Information          
Cash paid for the amounts included in the measurement of lease liabilities  $ 16,366   $133,221 
Weighted average remaining lease term (in years)   0.75    0.17 
Average discount rate – operating leases   4.35%   4.35%
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES

The supplemental balance sheet information related to leases is as following:

  

   September 30, 2024   December 31, 2023 
   (Unaudited)   (Audited) 
Leases          
Right-of-use assets,  $5,551   $21,603 
Total Right-of-use assets  $5,551   $21,603 
           
Lease liabilities - current portion  $5,591   $21,603 
Total lease liabilities  $5,591   $21,603 
SCHEDULE OF MATURITIES OF LEASE LIABILITIES

Maturities of the Company’s lease liabilities are as following:

  

Period ending September 30,    
2024  $5,631 
     
Total lease payments   5,631 
Less: Imputed interest/present value discount   40  
Present value of lease liabilities  $5,591 
SCHEDULE OF CONTRACTUAL OBLIGATIONS

The following table sets forth our contractual obligations as of September 30, 2024:

SCHEDULE OF CONTRACTUAL OBLIGATIONS

   Year ended September 30, 
   Total   2024 
   USD   USD 
Operating lease commitments for Lease expense under lease agreements    $855    855