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Short-Term Borrowings from a Third Party
12 Months Ended
Dec. 31, 2023
Short-Term Borrowings from a Third Party [Abstract]  
SHORT-TERM BORROWINGS FROM A THIRD PARTY

10. SHORT-TERM BORROWINGS FROM A THIRD PARTY

 

The weighted average interest rate of outstanding short-term borrowings was nil% per annum as of December 31, 2023 and 2022. All of the short-term borrowings from a third party had been repaid on December 15, 2023.

 

Borrower  Account Name  Lender  Total   Effective Day  Due Day
NFT Exchange Limited  Loan payable  Guohui Li   250,000.00   2022/4/11  2023/12/15
NFT Exchange Limited  Loan payable  Guohui Li   500,000.00   2022/4/27  2023/12/15
NFT Exchange Limited  Loan payable  Guohui Li   500,000.00   2022/8/29  2023/12/15
NFT Exchange Limited  Loan payable  Guohui Li   200,000.00   2023/3/29  2023/12/15
NFT Exchange Limited  Loan payable  Guohui Li   300,000.00   2022/2/16  2023/12/15
NFT Exchange Limited  Loan payable  Guohui Li   300,000.00   2023/5/11  2023/12/15
Total         2,050,000.00