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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 39,343 $ 55,950
Accounts receivable 141,861 440,783
Other receivables 56,257 5,469
Due from related parties 34,819 12,750
Prepayment 208,192 11,823
Deferred IPO cost   0
Inventories 2,417,016 1,968,150
Other current asset 66,234 78,734
Total current assets 2,963,722 2,573,659
Non-current assets:    
Property, plant and equipment, net 284,692 371,726
Construction in progress 110,683 108,043
Intangible asset 4,043 5,786
Investment in joint venture 62,341 27,671
Right-of-use assets, net 425,949 415,791
Total non-current assets 887,708 929,017
TOTAL ASSETS 3,851,430 3,502,676
Current liabilities:    
Convertible notes payable 119,215 200,175
Accounts and other payable 1,482,013 1,101,279
Advance from customer 437,831 302,229
Salary payable 137,594 113,412
Other payables 476,416 89,349
Tax payables 20,706 33,543
Due to related party 31,149 30,407
Operating lease Liabilities, current 169,393 165,354
Total current liabilities 2,874,317 2,035,748
Non-current liabilities:    
Operating lease Liabilities, non-current 247,041 241,149
Total non-current liabilities 247,041 241,149
TOTAL LIABILITIES 3,121,358 2,276,897
SHAREHOLDERS' EQUITY    
Common shares, $0 par value, 100,000,000 shares authorized, 3,378,760 and 3,378,760 shares issued and outstanding at December 31, 2020, and 2021, respectively 0 0
Additional paid-in capital 3,021,912 3,021,912
Accumulated Deficit (2,426,970) (1,688,505)
Accumulated other comprehensive income 135,130 (107,628)
Total shareholders' equity(deficit) 730,072 1,225,779
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,851,430 $ 3,502,676