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Related Party Transaction (Tables)
 6 Months Ended
Jun. 30, 2024
Related Party Transaction [Abstract]  
Schedule of Due to Related Parties As of June 30, 2024, the amounts due to the related parties were consisted of the followings:
Name  Amount
(US$)		   Relationship  Note
Chan Siu Kei   277,781   NTAM’s Director  Other payables, interest free and payment on demand.
Ming Yi   18,682   Chief Financial Officer of the Company  Other payables, interest free and payment on demand.
Total  $296,463       

 

As of December 31, 2023, the amount due to the related parties was consisted of the followings:
Name   Amount     Relationship   Note
Chao Li   $ 73,893     Legal representative of Fengtongxiang Supply Chain (Chengdu) Co., Ltd.   Other payables, interest free and payment on demand.
Ming Yi     29,513     Chief Financial Officer of the Company   Accrued expenses, interest free and payment on demand.
Xiaochen Zhao     124     Legal representative of FTFT Finance UK Limited   Accrued expenses, interest free and payment on demand.
Chan Siu Kei     401,516     NTAM’s Director   Other payables, interest free and payment on demand.
Total   $ 505,046          
Schedule of Due from Related Parties As of June 30, 2024, the amounts due from the related parties were consisted of the followings:
Name   Amount
(US$)		     Relationship   Note
Chao Li     2,105     Legal representative of Fengtongxiang Supply Chain (Chengdu) Co., Ltd., an indirectly wholly owned subsidiary of the Company   Prepaid expenses, interest free and payment on demand.
Hu Li     20,000     Corporate Secretary (was appointed as our CEO and director on August 5, 2024)   Prepaid expenses, interest free and payment on demand.
Xiaochen Zhao     930     Legal representative of FTFT Finance UK Limited   Prepaid expenses, interest free and payment on demand.
Kai Li     1,150     Legal representative of Future Trading Chengdu   Prepaid expenses, interest free and payment on demand.
Kai Xu     18,241     The legal representative of Fucheng Commercial Group and Deputy General Manager of a subsidiary of the Company   Prepaid expenses, interest free and payment on demand.
Total   $ 42,426          
As of December 31, 2023, the amount due from the related parties was consisted of the followings:
Name  Amount   Relationship  Note
Kai Xu  $12,151   The legal representative of Fucheng Commercial Group and Deputy General Manager of a subsidiary of the Company  Loan receivables*, interest free and payment on demand.
Total  $12,151       
  * The related party transactions have been approved by the Company’s Audit Committee.
Schedule of Company Transactions with Related Parties During six months ended June 30, 2024, the Company had the following transactions with related parties:
Name  Amount   Relationship  Note
JKNDC Limited  $3,837   A company owned by the minority shareholder of NTAM  Other expenses
JKNDC Limited   395,395   A company owned by the minority shareholder of NTAM  Cost of revenue- Asset management service
Nice Talent Partner Limited   230,217   A company owned by the minority shareholder of NTAM  Consultancy fee
During six months ended June 30, 2023, the Company had the following transactions with related parties:
Name  Amount   Relationship  Note
JKNDC Limited  $(3,827)  A company owned by the minority shareholder of NTAM  Other income
JKNDC Limited   710,594   A company owned by the minority shareholder of NTAM  Cost of revenue- Asset management service payable to JKNDC
Alpha Yield Limited   411,184   A director of the Company is a shareholder of this company  Consultancy fee payable to Alpha Yield
Nice Talent Partner Limited   229,627   A company owned by the minority shareholder of NTAM  Consultancy fee payable to Nice Talent Partner