DUE TO RELATED PARTIES

12 Months Ended

Dec. 31, 2020

DUE TO RELATED PARTIES

10- DUE TO RELATED PARTIES

Due to related parties consisted of the following:

	December 31,		December 31,
	2020		2019
Mr. Jun Wang (1)	$	-	$	88,941
Mr. Yang Wang (2)		91,951		4,911
Total	$	91,951	$	93,852

(1)	Mr. Jun Wang owns 37.81% of Yubo Beijing capital stock and is the chief executive officer and a director of Platinum and Yubo Beijing.
(2)	Mr. Yang Wang owns 23.64% of Yubo Beijing capital stock and is a director of Platinum and Yubo Beijing.

The due to related parties payables are noninterest bearing and are due on demand.