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Organization and Business Background
6 Months Ended
Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization and Business Background

1. ORGANIZATION AND BUSINESS BACKGROUND

 

Wiseman Global Limited was incorporated in Nevada on July 17, 2018. The Company through its subsidiaries, engages in the field of distributing a full line of major household appliances and related products in China region including Shenzhen and Hong Kong.

 

Company name   Place/date of incorporation   Principal activities
         
Wisdom Global Group Co. Limited   Seychelles / May 17, 2018   Investment holding
         

Wiseman Global Limited

(“Wiseman HK”)

  Hong Kong / July 31, 2018   Distributing a full line of major household appliances and related products
         

深圳智汇者智能实业有限公司

Shenzhen Wiseman Smart Industrial Co., Limited

  People’s Republic of China / March 18, 2019   Distributing a full line of major household appliances and related products

 

Wiseman Global Limited is a company that operates through its wholly owned subsidiary, Wisdom Global Group Co., Limited, a Company incorporated in Seychelles. It should be noted that our wholly owned subsidiary, Wisdom Global Group Co., Limited owns 100% of Wiseman HK, a Hong Kong Company. At this time, we operate exclusively through our wholly owned subsidiaries and share the same business plan with our subsidiaries.

 

On September 7, 2018, Wisdom Global Group Co., Limited acquired 100% of the equity interests of Wiseman HK, from our Chief Executive Officer, Mr. Lai Jinpeng. On September 12, 2018, Wiseman Global Limited, a Nevada corporation, acquired 100% of the equity interests of Wisdom Global Group Co., Limited, from our Chief Executive Officer, Mr. Lai Jinpeng.

 

Shenzhen Wiseman Smart Industrial Co., Limited (“Wiseman Shenzhen”), a wholly-owned subsidiary of Wiseman HK, was incorporated in the PRC on March 18, 2019. 

 

Wiseman Global Limited and its subsidiaries are hereinafter referred to as the “Company”.