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Related Party Transaction
 6 Months Ended
Jun. 30, 2020
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTION

5. RELATED PARTY TRANSACTION


The Company did not have any sales to related parties for the six months ended June 30, 2020 and June 30, 2019, respectively.


The amount due to the related parties was $1.60 million as of June 30, 2020, which consisted of the followings:


Name of Related Party from Whom Amounts were Received   Amount
(US$)		     Relationship   Note
Shanchun Huang     416,496     Chief Executive Officer of the Company   Loan payable
Shaanxi Fullmart Convenient Chain Supermarket Co., Ltd. (“Fullmart”)     7,063     Shaanxi Fullmart Commercial Holding (Xi’an) Co., Ltd. was 100% owned by Xiu Jun Wang, the ex-wife of Yongke Xue, the Chairman of the Company. Shaanxi Fullmart Commercial Holding (Xi’an) Co., Ltd. holds 16.67% equity of Fullmart.   Accounts payables
Shaanxi Fullmart Convenient Chain Supermarket Management Co., Ltd. (“Fullmar Management”)     134,190     83.33% of the equity share of Fullmart management is owned by  Shaanxi Fullmart Commercial Holding (Xi’an) Co., Ltd., which is owned 100% by Xiu Jun Wang, the ex-wife of Yongke Xue, the Chairman of the Company.   Accounts payables
Kai Xu     20,484     Chief Operating Officer  of the Company   Payable to employee
InUnion Chain Ltd. (“INU”)     288,695     The Company is the 10% equity shareholder of INU   Accounts payables
Zhi Yan     58,707     Chief Technology Officer of the Company   Payable to employee
Jing chen     4,706     Chief Financial Officer of the Company   Payable to employee
Zeyao Xue     305,725     Son of the Chairman of the Company and a major shareholder of the Company of the Company   Loan payable
Shenzen TianShunDa Equity Investment Fund Management Co., Ltd. (the “TSD”)     310,610     TSD holds 26.36% of the equity interest of SkyPoeple (China), a subsidiary of the Company, which was sold to New Continent International Co., Ltd. on February 27, 2020.   Accounts payables
Weicheng Pan     56,501     Legal representative of GuangChengJi (Shanghai) Co., Ltd., a subsidiary of Future Fintech (Hong Kong) Limited    Loan payable

The amount due from the related parties was $3.09 million as of June 30, 2020, which consisted of the followings:  


Name of Related Party to Whom the Amounts were Paid   Amount
(US$)		     Relationship   Note
Shaanxi Chunlv Ecological Agriculture Co., Ltd.     2,999,780     Holds 20.0% interest in CCM logistics   Including creditor’s rights of Shaanxi Youyi Co., Ltd  of $3.24 million, which is partially offset by $0.24 million  payable to the Company
Shaanxi Fullmart Commercial Holdings (Xi’an) Co., Ltd.       23,024     Shaanxi Fullmart Commercial Holding (Xi’an) Co., Ltd. was 100% owned by Xiu Jun Wang, the ex-wife of Yongke Xue, the Chairman of the Company.    Service fee due
Shaanxi Quangou Convenient Island Co., Ltd.     23,470     Fullmart holds 33.33% its equity   Interest free loan*
Yongke Xue     42,337     Chairman of the Company   Interest free loan*

* The interest free loans have been approved by the Company’s Audit Committee.