Loan Receivables	9 Months Ended
Sep. 30, 2020
Receivables [Abstract]
LOAN RECEIVABLES	4. LOAN RECEIVABLES As of September 30, 2020, the balance of loan receivables was from Shenzhen Tiantian Haodian Technology Co., Ltd. (“Tiantian Haodian”). On June 28, 2020, Guangchengji, a wholly owned subsidiary of the Company, entered into a “Loan Agreement” with Tiantian Haodian. Pursuant to the Loan Agreement, the Company agrees to lend cash up to but not greater than RMB35 million (approximately $5.14 million) with Tiantian Haodian at the annual interest rate of 10% from June 28, 2020 to June 27, 2021. The interest is paid quarterly. There is no collateral or guarantee provided by Tiantian Haodian. During the nine months ended September 30, 2020, the Company recorded an interest income of $99,027 from the loan receivables, which was not paid by Tiantian Haodian as of the date of this report. Management of the Company believes that the balance of the loan receivables is recoverable as of September 30, 2020.

Loan Receivables

9 Months Ended

Sep. 30, 2020

4. LOAN RECEIVABLES

As of September 30, 2020, the balance of loan receivables was from Shenzhen Tiantian Haodian Technology Co., Ltd. (“Tiantian Haodian”). On June 28, 2020, Guangchengji, a wholly owned subsidiary of the Company, entered into a “Loan Agreement” with Tiantian Haodian. Pursuant to the Loan Agreement, the Company agrees to lend cash up to but not greater than RMB35 million (approximately $5.14 million) with Tiantian Haodian at the annual interest rate of 10% from June 28, 2020 to June 27, 2021. The interest is paid quarterly. There is no collateral or guarantee provided by Tiantian Haodian. During the nine months ended September 30, 2020, the Company recorded an interest income of $99,027 from the loan receivables, which was not paid by Tiantian Haodian as of the date of this report. Management of the Company believes that the balance of the loan receivables is recoverable as of September 30, 2020.