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Related Party Transaction (Tables)
 12 Months Ended
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