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Related Party Transactions
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 3 - RELATED PARTY TRANSACTIONS

 

PONY GROUP INC, incorporated on Jan 7, 2019 in the state of Delaware, is the sole owner of PONY LIMOUSINE SERVICES LIMITED (Pony HK), as of December 31, 2021, Pony HK has paid $223,399 on behalf of PONY GROUP INC for the US legal and audit cost incurred relevant to the OTC listing.

 

Amount of receivable from shareholders due to the company declared a 6,000 to 1 stock split. After the stock split, the par value of the commons stocks was $0.001 per share. The shareholders should pay the consideration of $8,998 to the company. For the company use a retroactive basis to present the nominal shares, the considerations and receivable form shareholders also should be represented.

 

   December 31,
2021
   December 31,
2020
 
Receivable from shareholders  $8,998   $8,998 
Total due from related parties  $8,998   $8,998 

 

Ms. Wenxian Fan, the director, loaned working capital to Pony HK with no interest and paid on behalf of Pony HK for the subcontracted services and employee salaries.

 

The Company has the following payables to Ms. Wenxian Fan:

 

   December 31,
2021
   December 31,
2020
 
To Wenxian Fan  $286,150   $300,483 
Total due to related parties  $286,150   $300,483