CONDENSED CONSOLIDATING BALANCE SHEET AND STATEMENT OF OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2024

CONDENSED CONSOLIDATING BALANCE SHEET AND STATEMENT OF OPERATIONS

Schedule of condensed consolidating balance sheet

	Yubo International Biotech Limited(Parent			Platinum (Cayman Islands) and Platinum HK(Cayman			Yubo			Yubo Chengdu		Yubo Beijing  (VIE and
	Company)			Island)			Global			(WFOE)		Subsidiaries)			Eliminations			Consolidated
ASSETS
Total Current Assets	$	-		$			$	78,853		$	-	$	645,112		$	-		$	723,965
Investment in subsidiaries and variable interest entity (VIE)		(2,181,987	)		930,000			-			-		-			1,251,987			-
Intercompany receivables		-						446,088			-		548,386			(994,474	)		-
Other assets		-						21,995					908,021			(62	)		929,954
Total Assets	$	(2,181,987	)	$	930,000			546,936			-		2,101,519			257,451			1,653,919
LIABILITIES AND SHAREHOLDERS’ EQUITY
Total current liabilities	$	-		$	150,000		$	79,535		$	-	$	4,260,060		$	-		$	4,489,595
Intercompany payables		-			-			44,919			-		941,377			(986,296	)		-
Other liabilities		-			-			-			-		206,077			-			206,077
Total Liabilities		-			150,000			124,454			-		5,407,514			(986,296	)		4,695,672
Shareholders’ Deficit:
Capital stock and additional paid in capital		-			1,569,229			853,550			-		2,026,038			(1,339,514	)		3,109,303
Accumulated deficit		(2,181,987	)		(789,229	)		(431,068	)		-		(5,552,135	)		2,583,261			(6,371,158	)
Accumulated other comprehensive income (loss)		-			-			-			-		131,550			-			131,550
Non-controlling interests		-			-			-			-		88,552			-			88,552
Total Deficit		(2,181,987	)		780,000			422,482			-		(3,305,995	)		1,243,747			(3,041,753	)
Total Liabilities and Shareholders’ Equity	$	(2,181,987	)	$	930,000		$	546,936		$	-	$	2,101,519		$	257,451		$	1,653,919

Schedule of condensed consolidating statement of operations

	Yubo International Biotech Limited			Platinum (Cayman Islands) and Platinum HK			Yubo			Yubo Chengdu		Yubo Beijing (VIE and
	(Parent Company)			(Cayman Island)			Global			(WFOE)		Subsidiaries)			Eliminations		Consolidated
Sales of product and services	$	-		$	-		$	-		$	-	$	3,488		$	-	$	3,488
Cost of goods and services sold		-			-			-			-		(827	)		-		(827	)
Gross profit		-			-			-			-		2,661			-		2,661
Total operating expenses		-			40,000			3,656			-		1,371,626			-		1,415,282
Loss from operations		-			(40,000	)		(3,656	)		-		(1,368,965	)		-		(1,412,621	)
Other income (expense)		-			-			20			-		(216,305	)		-		(216,285	)
Equity in net loss of subsidiaries and variable interest entity (VIE)		(1,628,906	)		-			-			-		-			1,628,906		-
Net Loss	$	(1,628,906	)	$	(40,000	)	$	(3,636	)	$	-	$	(1,585,270	)	$	1,628,906	$	(1,628,906	)