Annual report pursuant to Section 13 and 15(d)

11. Business Concentration and Risks

v3.20.1
11. Business Concentration and Risks
12 Months Ended
Dec. 31, 2019
Risks and Uncertainties [Abstract]  
Business Concentration and Risks

Note 11 – Business Concentration and Risks

 

Major customers

 

One customer accounted for 18% and 22% of the total accounts receivable as of December 31, 2019 and 2018, respectively.

 

Major vendors

 

One vendor accounted for 21% and 95% of total accounts payable at December 31, 2019 and 2018, respectively.