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Note Receivables
6 Months Ended
Jun. 30, 2022
Disclosure Text Block Supplement [Abstract]  
NOTE RECEIVABLES

5. NOTE RECEIVABLES

 

As of June 30, 2022, the balance of note receivables was $1.17 million, which was from third party.

 

The Company accepted $1.17 million (RMB7.88 million) bank acceptance drafts from third party interest free of accounts receivable. The acceptance draft was issued on April 28, 2022 and has a maturity date of April 28, 2023.