Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 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
                               
    June 30, 2022 (unaudited)  
    Fair Value     Carrying  
    Level 1     Level 2     Level 3     Value  
Assets                        
Marketable securities:                                
Stock   $ 163,490     $     $     $ 163,490  
Total assets measured at fair value   $ 163,490     $     $     $ 163,490  
Schedule of anti dilutive shares
           
Six Months Ended June 30,   2022     2021  
Stock options     367,787       262,500  
Total     367,787       262,500  
Schedule Of Intercompany Foreign Currency Balances
               
   

Average Rate for the Six Months Ended

June 30, 

 
   

2022

(Unaudited)

   

2021

(Unaudited)

 
China Yuan (RMB)   RMB 6.4749     RMB 6.4721  
United States Dollar ($)   $ 1.0000     $ 1.0000  

 

    Exchange Rate at   
   

June 30, 2022

(Unaudited)

    December 31, 2021  
China Yuan (RMB)   RMB 6.6964     RMB 6.3641  
United States Dollar ($)   $ 1.0000     $ 1.0000