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Related Party Transactions
 6 Months Ended
Jun. 30, 2024
Related Party Transactions [Abstract]  
Related Party Transactions

Note 11 – Related Party Transactions

 

Other payables – related parties:

 

Name of related party  Relationship  Nature 

June 30,

2024

  

December 31,

2023

 
         (unaudited)     
Xiaojian Wang  Chief Executive Officer  Accrued compensations  $25,000   $
-
 
Zihao Zhao  Chief Finance Officer  Accrued compensations   35,833    20,833 
Total        $60,833   $20,833 

 

As of June 30, 2024 and December 31, 2023, the balance of other payables- related parties were $60,833 and $20,833, respectively, consisted of accrued compensations of the Company’s officers.

 

For the three and six months ended June 30, 2024, the Company recorded compensation expenses to its officers amounted to $20,000 and $40,000, respectively, for their services provided to the Company. For the three and six months ended June 30, 2023, the Company recorded compensation expenses to its officers amounted to $5,833 and $5,833, respectively, for their services provided to the Company.