Cash and Cash Equivalents

12 Months Ended

Dec. 31, 2021

Cash and Cash Equivalents [Abstract]

Cash and cash equivalents

Note 3 – Cash and cash equivalents

Cash and cash equivalents consist of the following:

	December 31, 2021		December 31, 2020
Cash on hand	$	51,053	$	24,545
Cash at bank		5,622,603		2,081,080
Fixed deposits		78,461		-
Cash and cash equivalents	$	5,752,117	$	2,105,625

On June 11, 2021, the Company deposited $78,461 (RMB 500,000) in a bank at an annual interest rate of 1.95% with a maturity date of June 11, 2022.