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DUE FROM RELATED PARTIES
3 Months Ended
Mar. 31, 2022
DUE FROM RELATED PARTIES  
NOTE 5 - DUE FROM RELATED PARTIES

NOTE 5 – DUE FROM RELATED PARTIES

 

Due from related parties consisted of:

 

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(Unaudited)

 

 

 

Beijing Zhenhuikang Biotechnology Co., LTD (“Zhenhuikang”) (1)

 

$318,763

 

 

$397,590

 

Yubo Global Biotechnology (Chengdu) Co., Ltd. (2)

 

 

-

 

 

 

-

 

Total Due from Related Parties

 

$318,763

 

 

$397,590

 

 

(1)    Zhenhuikang is controlled by Beijing Zhenxigu Medical Research Center LP (“Zhenxigu”) Zhenxigu is controlled by Mr. Yulin Cao, a director and significant stockholder of Yubo Beijing.

 

(2)    Yubo Global Biotechnology (Chengdu) Co., Ltd. is controlled by Mr. Jun Wang.

The due from related parties receivables are noninterest bearing and are due on demand.