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Short Term Loans | 3 Months Ended
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Mar. 31, 2022
Debt Disclosure [Abstract] |
SHORT TERM LOANS | 14. SHORT TERM LOANS As of March 31, 2022, loan payables were $4.65 million, which consisted of the loan payable of $4.65 million to a third party. Fuce Future Supply Chain (Xi’an) Co., Ltd signed a factoring business contract with a third party and obtained a factoring financing of $4.65 million (RMB 29.50 million) that was interest free, RMB 6.50 million ($1.02 million) due date was April 28, 2022, which was renewed to May 28, 2022, RMB 10 million ($1.56 million) will due on May 26, 2022 and RMB 13 million ($2.04 million) will due on June 20, 2022. As of December 31, 2021, loan payables were $1.02 million, which consisted of the loan payable of $1.02 million to a third party. Fuce Future Supply Chain (Xi’an) Co., Ltd signed a factoring business contract with third party and obtained a factoring financing of $1.02 million (RMB 6.5 million) was interest free, with an expiration date of April 28, 2022.

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- Definition The entire disclosure for short-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI https://asc.fasb.org/topic&trid=2208564 + Details
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