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Related Party Transaction
 12 Months Ended
Dec. 31, 2020
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTION

9. RELATED PARTY TRANSACTION 


As of December 31, 2020, the amount due to the related parties was consisted of the followings:  


Name   Amount
(US$)		     Relationship   Note
Yongke Xue   $ 496,123     Chairman of the Company   Loan payable
Wei Cheng Pan     375,485     Legal representative of Guangchengji CEO of the Company   Loan payable
Ming Yi     878     Chief Financial Officer of the Company   Accrued expenses
Zhi Yan     72,390     General Manager of a subsidiary of the Company   Accrued expenses
Jing chen     408     Vice president of the Company   Accrued expenses
Johnson Lau     12,500     Director of the Company   Other payables
Fuyou Li     4,425     Director of the Company    Other payables  
Mingjie Zhao     11,458     Director of the Company    Other payables
InUnion Chain Ltd. (“INU”)     165,084     The Company is a 10% shareholder of INU   Service fee
Shenzhen TianShunDa Equity Investment Fund Management Co., Ltd. (“TianShunDa”)     337,170     Shaanxi Fu Chen holds 70% interest of TianShunDa   Other payables
Reits (Beijing) Technology Co., Ltd     335,186     Zhi Yan is the legal representative of this company   Acquisition of intangibles upon the full completion of the online platform pursuant to an agreement originally entered between parties before Zhi Yan was the general manager of our subsidiary.
Shaanxi Fuju Mining Co., Ltd     3,217     Shaanxi Fu Chen holds 80% interest of the company   Other payables
Shaanxi Fu Chen Venture Capital Management Co. Ltd. (“Shaanxi Fu Chen”)     91,569     Two outside  shareholders of the Company are  shareholders of Shaanxi Fu Chen   Other payables
Total   $ 1,905,893          

As of December 31, 2020, the amount due from the related parties was consisted of the followings:


Name   Amount
(US$)		     Relationship   Note
Wealth Index (Beijing) Fund Management Co.Ltd   $ 12,136     The Company’s CEO is the legal representative of this Company   Interest free loan*
Shanchun Huang     4,491     Chief Executive Officer of the Company   Interest free loan*
Kai Xu     12,395     Deputy General Manager of a subsidiary of the Company     Interest free loan*
Zeyao Xue     33,305     Son of the Chairman of the Company and a major shareholder of the Company   Interest free loan*

Shaanxi Chunlv Ecological Agriculture Co. Ltd.

     195     Shaanxi Fu Chen Venture Capital Management Co. Ltd. holds 80% interest of the company   Interest free loan*
Total   $ 62,522          

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

During 2020, the Company had the following transactions with related parties:


Name   Amount
(US$)		     Relationship   Note
Shaanxi Fu Chen Venture Capital Management Co. Ltd.   $ 296,015     The Company’s CEO is the legal representative of this Company   Service fee
Total   $ 296,015          

As of December 31, 2019, the amount due to the related parties was consisted of the followings:  


Name  Amount
(US$)		   Relationship  Note
Yongke Xue  $36,915   Chairman of the Company  Loan payable
Shenzhen TianShunDa Equity
Investment Fund Management Co., Ltd.		   315,358   Holds 26.36% of equity shares of SkyPeople China  Interest free loan*
InUnion Chain Ltd. (“INU”)   180,206   The Company is the 10% equity shareholder of INU  Accounts payable
Zhi Yan   5,734   Chief Technology Officer of the Company  Loan payable
Jing chen   231   Chief Financial Officer of the Company  Accrued expenses
Zeyao Xue   313,613   Son of the Chairman of the Company and a shareholder of the Company Chief Operating Officer of the Company  Loan payable
Total  $852,057       

As of December 31, 2019, the amount due from the related parties was consisted of the followings:


Name  Amount
(US$)		   Relationship  Note
Shaanxi Chunlv Ecological Agriculture Co. Ltd.  $3,258,643   Holds 20.0% interest in CCM logistics  Interest free loan*
Quangoutong Commercial Holdings (Xi’an) Co., Ltd   22,935   Shaanxi Fullmart Convenient Chain Supermarket Co., Ltd. (“Fullmart”) holds 16.67% equity of its subsidiary. The subsidiary is 83.33% owned by Quangoutong  Service fee*
Shaanxi Quangou Convenient Island Co. Ltd.   23,817   Fullmart holds 33.33% its equity  Interest free loan*
            
Kai Xu   13,428   Shareholder of Chain Cloud Mall E-commerce (Tianjin) Co., Ltd.  Interest free loan*
            
Yongke Xue   15,754   Chairman of the Company  Interest free loan*
Zeyao Xue   2,867   Son of the chairman of the Company and a shareholder of the Company  Interest free loan*
Total  $3,337,445