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13. Major Suppliers and Customers
12 Months Ended
Dec. 31, 2018
Risks and Uncertainties [Abstract]  
Major Suppliers and Customers

NOTE 13 - MAJOR SUPPLIERS AND CUSTOMERS

 

The Company had one major vendor to purchases its inventory and packaging supplies from, which accounted for 14% of the total purchases in year ended December 31, 2018.

 

The Company had three major customers for the year ended December 31, 2018: Shandong Yibao Biologics Co, Ltd accounted for 40% of revenue, Anhui Xiancheng Import and Export Company accounted for 29% of revenue, and Ping Xiang Import and Export Company accounted for 15% of revenue for the year ended December 31, 2018.

 

The Company purchased majority of its inventory and packaging supplies from four suppliers which accounted for 57.59% of the total purchases in year ended December 31, 2017.

 

The Company had three major customers for the year ended December 31, 2017: Shandong Yibao Biologics Co, Ltd accounted for 31.08% of revenue, Nanjing Hejian Trading Co, Ltd. accounted for 15.56% of revenue, and Ping Xiang Import and Export Company accounted for 13.63% of revenue for the year ended December 31, 2017.