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Related Party Transaction (Tables) | 12 Months Ended
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Dec. 31, 2022
Related Party Transactions [Abstract] |
Schedule of due to related parties |
Name |  | Amount |  |  | Relationship |  | Note
Reits (Beijing) Technology Co., Ltd |  | $ | 14,538 |  |  | 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.
Zhi Yan |  |  | 230,281 |  |  | General Manager of a subsidiary of the Company |  | Other payables, interest free and payment on demand.
Total |  | $ | 244,819 |  |  |  |  |
Name |  | Amount |  |  | Relationship |  | Note
Zhi Yan |  | $ | 286,045 |  |  | General Manager of a subsidiary of the Company |  | Loan payables, interest free and payment on demand.
Jing Chen |  |  | 37,604 |  |  | Vice president of the Company |  | Accrued expenses, interest free and payment on demand.
Shaanxi Fu Chen Venture Capital Management Co. Ltd. (“Shaanxi Fu Chen”) |  |  | 72,046 |  |  | Two outside shareholders of the Company are shareholders of Shaanxi Fu Chen |  | Other payables, interest free and payment on demand.
Future Supply Chain Co., Ltd. |  |  | 280,571 |  |  | Shaanxi Fu Chen holds 100% interest of this company |  | Other payables, interest free and payment on demand.
Reits (Beijing) Technology Co., Ltd |  |  | 15,881 |  |  | 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 became a related party. The amount is interest free and payment on demand.
Shaanxi Chunlv Ecological Agriculture Co. Ltd. |  |  | 257,876 |  |  | Shaanxi Fu Chen holds 80% interest of this company |  | Other payables, interest free and payment on demand.
Ming Yi |  |  | 8,942 |  |  | Chief Financial Officer of the Company |  | Accrued expenses, interest free and payment on demand.
Ola Johannes Lind |  |  | 4,933 |  |  | Chief Executive Officer of a subsidiary of the Company and Chief Strategy Officer of the Company |  | Other payables, interest free and payment on demand.
Kai Xu |  |  | 25,509 |  |  | Deputy General Manager of a subsidiary of the Company |  | Accrued expenses, interest free and payment on demand.
Shaanxi Fuju Mining Co., Ltd |  |  | 3,295 |  |  | Shaanxi Fu Chen holds 80% interest of this company |  | Other payables, interest free and payment on demand.
Total |  | $ | 992,702 |  |  |  |  |
Schedule of due from related parties |
Name |  | Amount |  |  | Relationship |  | Note
Kai Xu |  | $ | 16 |  |  | Deputy General Manager of a subsidiary of the Company |  | Loan receivables*, interest free and payment on demand.
Ming Yi |  |  | 12,135 |  |  | Chief Financial Officer of the Company |  | Loan receivables*, interest free and payment on demand.
Jing Chen |  |  | 971 |  |  | Vice president of the Company |  | Loan receivables*, interest free and payment on demand.
Ola Johannes Lind |  |  | 2,168 |  |  | Chief Executive Officer of the FTFT Capital Investments L.L.C. and Chief Strategy Officer of the Company |  | Loan receivables*, interest free and payment on demand.
Wong Tai Kue |  |  | 37,836 |  |  | NTAM’s Director |  | Advance to pay for directors* Amount is interest free and payment on demand.
Total |  | $ | 53,126 |  |  |  |  |
Name |  | Amount |  |  | Relationship |  | Note
Shaanxi Fu Chen Venture Capital Management Co. Ltd. (“Shaanxi Fu Chen”) |  | $ | 235,268 |  |  | Two outside shareholders of the Company are shareholders of Shaanxi Fu Chen |  | Loan receivables*, interest rate 5.25% and payment on demand.
Bin Wu |  |  | 26,145 |  |  | A minority shareholder of a subsidiary of the Company |  | Advance to pay for the incorporation costs of the establishment of the subsidiary in Dubai* Amount is interest free and payment on demand.
Total |  | $ | 261,413 |  |  |  |  |
Name |  | Amount |  |  | Relationship |  | Note
Loan to |  |  |  |  |  |  |  |
Shaanxi Fu Chen Venture Capital Management Co. Ltd. (“Shaanxi Fu Chen”) |  | $ | 235,268 |  |  | Two outside shareholders of the Company are shareholders of Shaanxi Fu Chen |  | Interest rate 5.25% and payment on demand.
Loan from |  |  |  |  |  |  |  |
Shanchun Huang |  |  | 300,359 |  |  | Chief Executive Officer of the company; Director of the Board |  | Interest free and payment on demand.
Zhi, Yan |  |  | 240,758 |  |  | Chief Technology Officer of the company |  | Interest free and payment on demand.
* | The related party transactions have been approved by the Company’s Audit Committee.
Schedule of company transactions with related parties |
Name |  | Amount |  |  | Relationship |  | Note
NDC |  | $ | 559,786 |  |  | A company owned by the minority shareholder of NTAM |  | Cost of revenue- Asset management service
JKNDC Limited |  |  | 249,666 |  |  | A company owned by the minority shareholder of NTAM |  | Cost of revenue- Asset management service
Alpha Yield Limited |  |  | 164,779 |  |  | A director of the Company is a shareholder of this company |  | Consultancy fee
Nice Talent Partner Limited |  |  | 357,564 |  |  | A company owned by the minority shareholder of NTAM |  | Consultancy fee
NDC |  |  | 81 |  |  | A company owned by the minority shareholder of NTAM |  | Consultancy fee
Ningbo Tielin Supply Chain Management Co., Ltd |  |  | 17,800 |  |  | General Manager of Fuce Future Supply Chain (Xi'an) Co., Ltd. is a shareholder of Ningbo Tielin |  | Revenue - Sales of Coals

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