XML 32 R15.htm IDEA: XBRL DOCUMENT v3.22.1

NOTE RECEIVABLES

12 Months Ended

Dec. 31, 2021

NOTE RECEIVABLES

Note Receivables

NOTE 9 – NOTE RECEIVABLES

As of December 31, 2021 and 2020, Note receivables consists of the following: 

		December 31, 2021				December 31, 2020
Note receivables		$	3,798,130			$	3,097,981

Note receivable is related to the short-term loan of $3,798,130 (approximately of RMB 24 million) to a third party with annual interest of 5%, which will be matured on November 4, 2022. As at December 31, 2021 the accrued interest for the loan is $167,626.

The accrued interest and principal amount of the loan for the year ended December 31, 2021 and December 31, 2020 are as follow:

		December 31, 2021				December 31, 2020
Principal		$	3,630,504			$	3,064,336
Accrued interest			167,626				33,645
		$	3,798,130			$	3,097,981

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for premium amounts receivable by an insurance entity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 310
-URI http://asc.fasb.org/subtopic&trid=4738109

+ Details

Name:	us-gaap_PremiumsReceivableNote
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration