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Related Party Balances and Transactions

3 Months Ended

Mar. 31, 2023

Related Party Balances and Transactions [Abstract]

Related Party Balances and Transactions

Note 9 – Related party balances and transactions

Related party balances

Other payables – related parties:

Name of related party		Relationship		March 31, 2023				December 31, 2022
Shanghai Highlight Asset Management Co. LTD		A company in which shareholder hold shares		$	24,404			$	195,732
Total				$	24,404			$	195,732

The above payables represent interest free loans and advances. These loans and advances are unsecured and due on demand.

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- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

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