Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.23.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2023
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
                         
    March 31, 2023 (unaudited)  
    Fair Value     Carrying  
      Level 1       Level 2       Level 3       Value  
Assets                                
Marketable securities:                                
Stock   $ 51,395     $     $     $ 51,395  
Total assets measured at fair value   $ 51,395     $     $     $ 51,395  
Schedule of anti dilutive shares
             
Three Months Ended March 31,   2023     2022  
Stock options     423,457       432,562  
Total     423,457       432,562  
Schedule Of Intercompany Foreign Currency Balances
             
   

Average Rate for the Three Months Ended

March 31,

 
   

2023

(Unaudited)

   

2022

(Unaudited)

 
China Yuan (RMB)   RMB 6.8413     RMB 6.3452  
United States Dollar ($)   $ 1.0000     $ 1.0000  

 

    Exchange Rate at  
    March 31, 2023     December 31, 2022  
    (Unaudited)        
China Yuan (RMB)   RMB 6.8667     RMB 6.8973  
United States Dollar ($)   $ 1.0000     $ 1.0000