Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.2.2
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
Schedule of estimated useful lives of property, plant and equipment
 
Fixed assets Useful life
Furniture 5 years
Equipment 5 years
Warehouse 39 years
Improvement 5 years
Land N/A
Schedule of Fair Value Assets And Liabilities Measured On Recurring Basis
                       
    September 30, 2022 (unaudited)  
    Fair Value     Carrying  
    Level 1     Level 2     Level 3     Value  
Assets                        
Marketable securities:                                
Stock   $ 84,815     $     $     $ 84,815  
Total assets measured at fair value   $ 84,815     $     $     $ 84,815  
Schedule of anti dilutive shares
           
Nine Months Ended September 30,   2022     2021  
Stock options     305,041       288,750  
Total     305,041       288,750  
Schedule Of Intercompany Foreign Currency Balances
               
   

Average Rate for the Nine Months Ended

September 30, 

 
   

2022

(Unaudited)

   

2021

(Unaudited)

 
China Yuan (RMB)   RMB 6.5985     RMB 6.4717  
United States Dollar ($)   $ 1.0000     $ 1.0000  

 

    Exchange Rate at  
   

September 30, 2022

    December 31, 2021  
    (Unaudited)        
China Yuan (RMB)   RMB 7.1100     RMB 6.4466  
United States Dollar ($)   $ 1.0000     $ 1.0000