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RELATED PARTIES TRANSACTIONS (Tables)
9 Months Ended
Sep. 30, 2024
Related Party Transactions [Abstract]  
Schedule of related parties and their relationships
   
Name of related parties   Relationship with the Company
Yu Yang (“Mr. Yang”)   Controlling shareholder
Jiaocheng Xinmu Trade Co., Ltd (“Jiaocheng Xinmu”)   Controlled by Mr. Yang
Taiyuan Tuohang Logistics Co., Ltd   Controlled by Mr. Yang
Shanxi Xiliu Catering Management Co., Ltd (“Shanxi Xiliu”)   Controlled by Mr. Yang
All Weather (Hainan) Network Sports Co., Ltd   Controlled by Mr. Yang
Schedule of due from related party
      
    

September 30,

2024

    

December 31,

2023

 
Shanxi Xiliu Catering Management Co., Ltd  $   $1,695,750 
Schedule of due to related parties
      
   

September 30,

2024

 

December 31,

2023

Yu Yang (a) $419,127   $278,303 
Jiaocheng Xinmu Trade Co., Ltd (b)  2,440,954    4,109,535 
Taiyuan Tuohang Logistics Co., Ltd (c)  82,787     
    $2,942,868   $4,387,838 

 

  (a) Amounts due to Yu Yang represent payments made to vendors on behalf of the Company for operational purposes. During the three and nine months ended September 30, 2024, apart from the exchange differences arising from the translation of RMB balances into U.S. dollar at different period-end and year-end exchange rates, Yu Yang had paid the operation and administration expenses on behalf of the Company in an aggregate amount of $24,438 and $140,808, respectively
     
  (b) Amounts due to Jiaocheng Xinmu Trade Co., Ltd represent advances made to the Company for operational purposes. During the three and nine months ended September 30, 2024, apart from the exchange differences arising from the translation of RMB balances into U.S. dollar at different period-end and year-end exchange rates, the Company, Shanxi Xiliu and Jiaocheng Xinmu made the Netting Arrangement to offset the related parties receivable and payable balance. The amount due to Jiaocheng Xinmu was reduced to $2,440,954 after the Netting Arrangement.
     
  (c) Amounts due to Taiyuan Tuohang Logistics Co., Ltd represent payments made to vendors on behalf of the Company for operational purposes.