Renavotio (RIII) 10-Q 14 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	9 Months Ended
	Sep. 30, 2019shares
Document And Entity Information
Entity Registrant Name	SUCCESS ENTERTAINMENT GROUP INTERNATIONAL INC.
Entity Central Index Key	0001574910
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Sep. 30, 2019
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2019
Entity Common Stock Shares Outstanding	75,100,000
Entity File Number	333-188401

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Current assets
Cash	$ 6,627	$ 520,772
Accounts receivable, net	63,731	436,153
Accounts receivable, net - related party		751,000
Prepayments	49,523
Other receivables - related party	267,742	138,230
Advance to director and Chief Executive Officer	397,124	151,759
Total Current Assets	787,747	1,997,913
Total Assets	787,747	1,997,913
Current Liabilities
Accounts payable - related party	79,136	976,861
Accrued expenses	261,820	129,383
Other payables	6,640	5,145
Notes payable - related party	79,468	79,468
Loan payable- related party	147,305	143,325
Income tax payable	121,503	121,609
Total Current Liabilities	695,872	1,455,792
Total Liabilities	695,872	1,455,792
Commitments and Contingencies
Stockholders' Equity
Common stock, $0.001 par value, 500,000,000 shares authorized: 75,100,000 and 75,000,000 shares issued and outstanding	75,100	75,000
Additional paid in capital	126,240	26,340
Retained earnings	(110,940)	442,240
Accumulated other comprehensive loss	(1,525)	(1,459)
Total stockholders' equity	88,875	542,121
Total liabilities and stockholders' equity	$ 787,747	$ 1,997,913

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2019	Dec. 31, 2018
Stockholders' Equity
Common stock, shares par value	$ 0.001	$ 0.001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	75,100,000	75,000,000
Common stock, shares outstanding	75,100,000	75,000,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Consolidated Statements Of Operations And Comprehensive Income Loss
Revenues	$ 40,171	$ 233,000	$ 234,812	$ 806,000
Cost of Revenues	12,407	32,000	111,265	122,000
Gross Profit	27,764	201,000	123,547	684,000
Operating Expenses
General and Administrative	156,723	118,540	676,727	369,098
Net Income (Loss) from Operation before Income Taxes	(128,959)	82,460	(533,180)	314,902
Provision for Income Taxes		24,532		24,532
Net Income (Loss)	(128,959)	57,928	(533,180)	290,370
Other Comprehensive Income (Loss)
Foreign currency translation adjustment	(408)		(66)
Comprehensive Income (Loss)	$ (129,367)	$ 57,928	$ (553,246)	$ 290,370
Earnings (Loss) per Common Share-Basic and Diluted	$ 0	$ .00	$ (0.01)	$ .00
Weighted Average Number of Common Shares Outstanding Basic and diluted	75,100,000	75,000,000	75,053,480	75,000,000

STATEMENTS OF CHANGES IN STOCKH

STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY (UNAUDITED) - USD ($)	Common Stock Shares	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Total
Beginning Balance, Shares at Dec. 31, 2017	75,000,000
Beginning Balance, Amount at Dec. 31, 2017	$ 75,000	$ 26,340	$ (204,937)		$ (103,597)
Net income			232,442		232,442
Ending Balance, Shares at Jun. 30, 2018	75,000,000
Ending Balance, Amount at Jun. 30, 2018	$ 75,000	26,340	27,505		128,845
Beginning Balance, Shares at Dec. 31, 2017	75,000,000
Beginning Balance, Amount at Dec. 31, 2017	$ 75,000	26,340	(204,937)		(103,597)
Net income					290,370
Ending Balance, Shares at Sep. 30, 2018	75,000,000
Ending Balance, Amount at Sep. 30, 2018	$ 75,000	26,340	85,433		186,773
Beginning Balance, Shares at Jun. 30, 2018	75,000,000
Beginning Balance, Amount at Jun. 30, 2018	$ 75,000	26,340	27,505		128,845
Net income			57,928		57,928
Ending Balance, Shares at Sep. 30, 2018	75,000,000
Ending Balance, Amount at Sep. 30, 2018	$ 75,000	26,340	85,433		186,773
Beginning Balance, Shares at Dec. 31, 2018	75,000,000
Beginning Balance, Amount at Dec. 31, 2018	$ 75,000	26,340	442,240	(1,459)	542,121
Net income			(424,221)		(424,221)
Foreign currency translation adjustment				342	342
Shares issued for compensation, Shares	100,000
Shares issued for compensation, Amount	$ 100	99,900			100,000
Ending Balance, Shares at Jun. 30, 2019	75,100,000
Ending Balance, Amount at Jun. 30, 2019	$ 75,100	126,240	18,019	(1,117)	218,242
Beginning Balance, Shares at Dec. 31, 2018	75,000,000
Beginning Balance, Amount at Dec. 31, 2018	$ 75,000	26,340	442,240	(1,459)	542,121
Net income					(533,180)
Ending Balance, Shares at Sep. 30, 2019	75,100,000
Ending Balance, Amount at Sep. 30, 2019	$ 75,100	126,240	(110,940)	(1,525)	88,875
Beginning Balance, Shares at Jun. 30, 2019	75,100,000
Beginning Balance, Amount at Jun. 30, 2019	$ 75,100	126,240	18,019	(1,117)	218,242
Net income			(128,846)		(128,959)
Foreign currency translation adjustment				(408)	(408)
Shares issued for compensation, Amount					100,000
Ending Balance, Shares at Sep. 30, 2019	75,100,000
Ending Balance, Amount at Sep. 30, 2019	$ 75,100	$ 126,240	$ (110,940)	$ (1,525)	$ 88,875

STATEMENTS OF CASH FLOWS (UNAUD

STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Operating Activities
Net income (loss) of the period	$ (533,180)	$ 290,370
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Foreign currency translation adjustment	(66)
Stock based compensation	100,000
Change in assets and liabilities
Accounts receivable (increase) decrease	1,123,422	(33,000)
Prepayments (increase) decrease	(49,523)
Other receivables (increase) decrease	(129,513)	(90,263)
Advance to director (increase) decrease	(245,365)	(115,359)
Accounts payable increase (decrease)	(897,726)	(33,000)
Accrued expenses increase (decrease)	132,438	(1,674)
Other payables increase (decrease)	1,495
Income tax payables increase (decrease)	(106)	24,532
Net cash provided (used in) operating activities	(518,125)	41,606
Financing Activities
Loans from related parties	3,980	14,676
Net cash provided by financing activities	3,980	14,676
Net increase (decrease) in cash and equivalents	(514,145)	56,282
Cash and equivalents at beginning of the period	520,772	54,742
Cash and equivalents at end of the period	6,627	111,024
Supplemental cash flow information:
Interest paid
Income taxes paid

ORGANIZATION AND NATURE OF BUSI

ORGANIZATION AND NATURE OF BUSINESS	9 Months Ended
	Sep. 30, 2019
Organization And Nature Of Business
Note 1 - ORGANIZATION AND NATURE OF BUSINESS	Success Entertainment Group International, Inc. (“the Company”, “we”, “us”, or “our”) was incorporated in the State of Nevada on January 30, 2013 under the name Altimo Group Corp and its initial business plan was to place and operate frozen yogurt making machines. Effective July 14, 2014, there was a change in control of the Company. In accordance with the terms and provisions of a stock purchase agreement dated May 5, 2014 (the “Stock Purchase Agreement”) by and among Marek Tomaszewski, the seller of an aggregate of 8,000,000 shares of common stock of the Company (the “Control Block Seller”), and Success Holding Group Corp. USA, a Nevada corporation (the “Control Block Purchaser”), the Control Block Purchaser purchased from the Control Block Shareholders all of the 8,000,000 shares of common stock held of record. In accordance with the terms and provisions of the Stock Purchase Agreement, the Company accepted the resignations of its sole officer and director, Marek Tomaszewski as President, Chief Executive Officer, Secretary, Treasurer and Chief Financial Officer effective July 14, 2014. Simultaneously, the Board of Directors appointed the following individuals: (i) Steve Chen as a member of the Board of Directors and the Chief Executive Officer; and (ii) Brian Kistler as a member of the Board of Directors and the President, Secretary, Treasurer and Chief Financial Officer. Effective July 14, 2014, our Board of Directors and majority shareholders approved an amendment to our articles of incorporation to change our name to “Success Entertainment Group International Inc.” (the “Name Change Amendment”). The Name Change Amendment was approved by our Board of Directors to better reflect the new nature of our business operations. The Name Change Amendment was filed with the Secretary of State of Nevada on August 22, 2014 changing our name to “Success Entertainment Group International Inc.” Effective on July 15, 2014, the Board of Directors of Altimo Group Corp authorized and approved the execution of that certain general release and waiver of debt agreement (the “Release Agreement”) with Marek Tomaszekwsi, the Company’s prior President, Chief Executive Officer, Secretary, Treasurer and Chief Financial Officer (the “Creditor”), pursuant to which the Creditor agreed to waive and release the debt due and owing to it in the aggregate amount of $5,100 (the “Released Debt”). In accordance with the terms and provisions of the Release Agreement, the Creditor agreed to release, acquit, covenant not to sue and specifically release and waive any claims or rights it may have under common law and statutory law relating to the Released Debt. Effective July 15, 2014, pursuant to the change in ownership described above, the focus and direction of the Company will now be the production and development of internet movies and training films. On December 1, 2014 the Board of Directors of the Company authorized an amendment to its Bylaws to change the Company’s fiscal year end From March 31 to December 31. On December 2, 2014, our Board of Directors accepted the resignation of Steve Chen as the Chief Executive Officer and appointed Chris (Chi Jui) Hong as the Chief Executive Officer and a member of the Board of Directors. Following this appointment, our Board of Directors consists of three members: (i) Steve Andrew Chen; (ii) Brian Kistler; and (iii) Chris (Chi Jui) Hong. On November 19, 2015, the Company acquired 100% shares of Double Growth Investment Ltd. On December 9, 2015, the Company acquired 100% shares of Coronet Limited, Fortunate Yields Limited, Solution Elite Limited, Ultimate Concept Limited, Viva Leader Limited. All these subsidiaries were registered in Republic of Seychelles. The Company made these acquisitions for future investment purpose. In 2016, the Company discontinued Coronet Limited, Fortunate Yields Limited, Solution Elite Limited, Ultimate Concept Limited, Viva Leader Limited by non-payment of the annual renewal fee. On December 14, 2017, the Company acquired 100% shares of Success Events (Hong Kong) Limited, a company registered in Hong Kong Special Administrative Region. Success Events (Hong Kong) Limited holds 60% shares of Shenzhen Internet Media Co., Ltd. and 100% shares of Distribution Network Inc. Shenzhen Internet Media Co., Ltd was registered in China. Distribution Network Inc. was registered in Seychelles and its main business is holding seminar in Great China Area. On February 28, 2018, Success Events (Hong Kong) Limited transferred 60% shares of Shenzhen Internet Media Co., Ltd. to a company in China. Shenzhen Internet Media Co., Ltd. is no longer a subsidiary of the Company. On May 30, 2018, Success Events (Hong Kong) Limited acquire 100% shares of Success Win (Shanghai) Co., Ltd. On February 27, 2019, SEGN Taiwan Limited was incorporated in Taiwan and the Company holds 100% of its shares.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2019
Summary Of Significant Accounting Policies
Note 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Interim Financial Statements The accompanying unaudited financial statements have been prepared in accordance with the instructions from Regulation S-X and do not include all of the information and disclosures required by generally accepted accounting principles for complete financial statements. All adjustments which are, in the opinion of management, necessary for a fair presentation of the results of operations for the interim period(s), and to make the financial statements not misleading, have been made and are of a recurring nature unless otherwise disclosed herein. The results of operations for such interim period(s) are not necessarily indicative of operations for a full year. Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. Principles of Consolidation The consolidated financial statements include the accounts of the Company and all its majority-owned subsidiaries which require consolidation. Inter-company transactions have been eliminated in consolidation. Reclassification Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported losses. Translation Adjustment For the nine months ended September 30, 2019, the accounts of the Success Win (Shanghai) Co., Ltd. were maintained, and its financial statements were expressed, in RMB. Such financial statements were translated into USD in accordance with the Foreign Currency Matters Topic of the Codification (ASC 830), with the RMB as the functional currency. According to the Codification, all assets and liabilities were translated at the current exchange rate at respective balance sheets dates, members’ capital are translated at the historical rates and income statement items are translated at the average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income in accordance with the Comprehensive Income Topic of the Codification (ASC 220), as a component of members’ capital. Transaction gains and losses are reflected in the income statement. Comprehensive Income The Company uses SFAS 130 “Reporting Comprehensive Income” (ASC Topic 220). Comprehensive income is comprised of net income and all changes to the statements of members’ capital, except those due to investments by members, changes in paid-in capital and distributions to members. Comprehensive income for the nine months ended September 30, 2019 is included net income and foreign currency translation adjustments. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. The Company had $6,627 of cash as of September 30, 2019. The Company’s bank accounts are deposited in insured institutions. At September 30, 2019, the Company’s bank deposits did not exceed the insured amounts. Accounts Receivable Accounts receivable are stated at the amount management expects to collect from outstanding balances. Management provides for probable uncollected amounts through a charge to earnings and a credit to an allowance for bad debts based on its assessment of the current status of individual accounts. Balances that are still outstanding after management has used reasonable collection efforts are written off through a charge to the allowance for bad debts and a credit to accounts receivable. Fair Value of Financial Instruments ASC 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1: defined as observable inputs such as quoted prices in active markets; Level 2: defined as input other than quoted market prices that are observable, either directly or indirectly, and reasonably available. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability and are developed based on market data obtained from sources independent of the Company. Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The Company’s financial instruments consist of cash, a related party loan and note payable related party. The carrying amount of these financial instruments approximates fair value due their short term maturity. Income Taxes Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized. Revenue Recognition The Company will recognize revenue in accordance with ASC. 605, “Revenue Recognition”. ASC-605 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management’s judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. The major revenue streams of the Company are a series of human spirit stimulation training seminars. Training seminars have its agenda and speaking topics and other decoration details defined within the contract. The Company recognizes revenue when services have been provided, and collection is reasonably assured. Advertising Costs The Company policy regarding advertising is to expense advertising when incurred. The Company incurred advertising expense of $0 for the nine months ended September 30, 2019. Stock-Based Compensation Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. As of September 30, 2019, the Company has authorized a Non-Qualified Stock Incentive Plan and filed a corresponding Form S-8 on April 25, 2019. The Plan and S-8 registered 1,000,000 shares of common stock, $0.001 par value per share. Of this plan, 100,000 shares have been issued to President Brian Kistler. Basic and Diluted Income (Loss) per Share Per Share Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. Diluted earnings per share are the same as basic earnings per share due to the lack of dilutive items in the Company. Recent Accounting Pronouncements The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on our financial condition or the results of its operations.

OTHER RECEIVABLES RELATED PARTY

OTHER RECEIVABLES RELATED PARTY	9 Months Ended
	Sep. 30, 2019
Other Receivables Related Party
Note 3 - OTHER RECEIVABLES RELATED PARTY	As of September 30, 2019, the Company has other receivables of $66,474, $46,000, $122,145, $10,800, $4,840 and $11,683 from Success Holding Group International, Inc., Success Entertainment Group Inc., Success Drink Group Inc., Success Holdings Group Corp. USA, SEGN Hong Kong Limited and Celebrity Enterprise Co., Ltd under common control with the Company. The Company also has other receivables of $5,800 from Tony Chang, the Company’s Chief Operating Officer.

ADVANCE TO DIRECTOR

ADVANCE TO DIRECTOR	9 Months Ended
	Sep. 30, 2019
Advance To Director
Note 4 - ADVANCE TO DIRECTOR	As of September 30, 2019, Chris (Chi Jui) Hong, (Chief Executive Officer and Director of the Company), had an outstanding payable amount of $397,124 to the Company which the Company has advanced the amount to him to pay administrative and operating expenses.

ACCOUNTS PAYABLE RELATED PARTY

ACCOUNTS PAYABLE RELATED PARTY	9 Months Ended
	Sep. 30, 2019
Accounts Payable Related Party
Note 5 - ACCOUNTS PAYABLE RELATED PARTY	As of September 30, 2019, the Company has accounts payable of $31,136, to Shanghai Kun-Xin Media Limited under common control with the Company and $48,000 to Steve Andrew Chen who is the Company’s Chairman of the Board of Directors.

NOTES PAYABLE RELATED PARTY

NOTES PAYABLE RELATED PARTY	9 Months Ended
	Sep. 30, 2019
Notes Payable Related Party
Note 6 - NOTES PAYABLE RELATED PARTY	On April 24, 2017, the Company entered into Promissory Note agreements for the outstanding amount of $10,000 with Hsu Wen Li who is wife of the Chris (Chi Jui) Hong, the Company’s Chief Executive Officer and Director. The maturity of the Notes is April 24, 2018 and bear no interest. On June 7, 2017, the Company entered into Promissory Note agreements for the outstanding amount of $10,000 with Hsu Wen Li who is wife of the Chris Hong (Chi Jui), the Company’s Chief Executive Officer and Director. The maturity of the Notes is June 7, 2018 and bear no interest. On July 5, 2017, the Company entered into Promissory Note agreements for the outstanding amount of $20,000 with Hsu Wen Li who is wife of the Chris (Chi Jui) Hong, the Company’s Chief Executive Officer and Director. The maturity of the Notes is July 5, 2018 and bear no interest. On August 11, 2017, the Company entered into Promissory Note agreements for the outstanding amount of $20,000 with Hsu Wen Li who is wife of the Chris (Chi Jui) Hong, the Company’s Chief Executive Officer and Director. The maturity of the Notes is August 11, 2018 and bear no interest. On May 15, 2017, the Company entered into Promissory Note agreements for the outstanding amount of $24,500 with Steve Andrew Chen who is the Company’s Chairman of the Board of Directors. The maturity of the Notes is May 15, 2018 and bear no interest. On July 4, 2017, the Company entered into Promissory Note agreements for the outstanding amount of $10,000 with Steve Andrew Chen who is the Company’s Chairman of the Board of Directors. The maturity of the Notes is July 4, 2018 and bear no interest. On October 17, 2017, the Company repaid Steve Andrew Chen $15,032.

LOAN PAYABLE RELATED PARTY

LOAN PAYABLE RELATED PARTY	9 Months Ended
	Sep. 30, 2019
Loan Payable Related Party
Note 7 - LOAN PAYABLE RELATED PARTY	Success Holdings Group Corp. USA, our parent company, paid certain operating costs on our behalf. The total amount owed as at September 30, 2019 is $147,305. The loan is unsecured, non-interest bearing and due on demand.

COMMON STOCK

COMMON STOCK	9 Months Ended
	Sep. 30, 2019
Common Stock
Note 8 - COMMON STOCK	The Company has 500,000,000, $0.001 par value shares of common stock authorized. On March 13, 2013, the Company issued 8,000,000 shares of common stock to a director for cash proceeds of $8,000 at $0.001 per share. Between December 2013 and March 2014, the Company sold 2,360,000 shares of common stock for cash proceeds of $23,600 at $0.01 per share. In August 2017, the Company issued 64,640,000 shares of common stock for cash proceeds $64,640 at 0.001 per share. On May 7, 2019, the Company issued 100,000 shares of common stock as compensation pursuant to the Company’s Non-Qualified Stock Incentive Plan. The compensation is valued at $100,000 based on market value of the shares on the date of issuance. There were 75,100,000 shares of common stock issued and outstanding as of September 30, 2019.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2019
Commitments And Contingencies
Note 9 - COMMITMENTS AND CONTINGENCIES	Contractual The Company neither owns nor leases any real or personal property. An officer has provided office services without charge. There is no obligation for the officer to continue this arrangement. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officers and directors are involved in other business activities and most likely will become involved in other business activities in the future. Legal We were not subject to any legal proceedings on September 30, 2019 and no legal proceedings are pending or threatened to the next of our knowledge or belief.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2019
Summary Of Significant Accounting Policies Policies Abstract
Interim Financial Statements	The accompanying unaudited financial statements have been prepared in accordance with the instructions from Regulation S-X and do not include all of the information and disclosures required by generally accepted accounting principles for complete financial statements. All adjustments which are, in the opinion of management, necessary for a fair presentation of the results of operations for the interim period(s), and to make the financial statements not misleading, have been made and are of a recurring nature unless otherwise disclosed herein. The results of operations for such interim period(s) are not necessarily indicative of operations for a full year.
Basis of Presentation	The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.
Principles of Consolidation	The consolidated financial statements include the accounts of the Company and all its majority-owned subsidiaries which require consolidation. Inter-company transactions have been eliminated in consolidation.
Reclassification	Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported losses.
Translation Adjustment	For the nine months ended September 30, 2019, the accounts of the Success Win (Shanghai) Co., Ltd. were maintained, and its financial statements were expressed, in RMB. Such financial statements were translated into USD in accordance with the Foreign Currency Matters Topic of the Codification (ASC 830), with the RMB as the functional currency. According to the Codification, all assets and liabilities were translated at the current exchange rate at respective balance sheets dates, members’ capital are translated at the historical rates and income statement items are translated at the average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income in accordance with the Comprehensive Income Topic of the Codification (ASC 220), as a component of members’ capital. Transaction gains and losses are reflected in the income statement.
Comprehensive Income	The Company uses SFAS 130 “Reporting Comprehensive Income” (ASC Topic 220). Comprehensive income is comprised of net income and all changes to the statements of members’ capital, except those due to investments by members, changes in paid-in capital and distributions to members. Comprehensive income for the nine months ended September 30, 2019 is included net income and foreign currency translation adjustments.
Use of Estimates	The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. The Company had $6,627 of cash as of September 30, 2019. The Company’s bank accounts are deposited in insured institutions. At September 30, 2019, the Company’s bank deposits did not exceed the insured amounts.
Accounts Receivable	Accounts receivable are stated at the amount management expects to collect from outstanding balances. Management provides for probable uncollected amounts through a charge to earnings and a credit to an allowance for bad debts based on its assessment of the current status of individual accounts. Balances that are still outstanding after management has used reasonable collection efforts are written off through a charge to the allowance for bad debts and a credit to accounts receivable.
Fair Value of Financial Instruments	ASC 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1: defined as observable inputs such as quoted prices in active markets; Level 2: defined as input other than quoted market prices that are observable, either directly or indirectly, and reasonably available. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability and are developed based on market data obtained from sources independent of the Company. Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The Company’s financial instruments consist of cash, a related party loan and note payable related party. The carrying amount of these financial instruments approximates fair value due their short term maturity.
Income Taxes	Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.
Revenue Recognition	The Company will recognize revenue in accordance with ASC. 605, “Revenue Recognition”. ASC-605 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management’s judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. The major revenue streams of the Company are a series of human spirit stimulation training seminars. Training seminars have its agenda and speaking topics and other decoration details defined within the contract. The Company recognizes revenue when services have been provided, and collection is reasonably assured.
Advertising Costs	The Company policy regarding advertising is to expense advertising when incurred. The Company incurred advertising expense of $0 for the nine months ended September 30, 2019.
Stock-Based Compensation	Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. As of September 30, 2019, the Company has authorized a Non-Qualified Stock Incentive Plan and filed a corresponding Form S-8 on April 25, 2019. The Plan and S-8 registered 1,000,000 shares of common stock, $0.001 par value per share. Of this plan, 100,000 shares have been issued to President Brian Kistler.
Basic and Diluted Income (Loss) per Share	Per Share Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. Diluted earnings per share are the same as basic earnings per share due to the lack of dilutive items in the Company.
Recent accounting pronouncements	The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on our financial condition or the results of its operations.

ORGANIZATION AND NATURE OF BU_2

ORGANIZATION AND NATURE OF BUSINESS (Details Narrative) - USD ($)	Dec. 14, 2017	Dec. 09, 2015	Jul. 15, 2014	May 05, 2014	Feb. 28, 2018	Nov. 19, 2015	Sep. 30, 2019	Feb. 27, 2019	May 30, 2018
State of incorporation							State of Nevada
Date of incorporation							Jan. 30, 2013
Release agreement description			the Creditor agreed to waive and release the debt due and owing to it in the aggregate amount of $5,100 (the “Released Debt”).
SEGN Taiwan Limited [Member]
Owership percentage								100.00%
Hong Kong [Member]
Acquired shares percentage	100.00%								100.00%
Description of acquisitions for future investment purpose	Success Events (Hong Kong) Limited holds 60% shares of Shenzhen Internet Media Co., Ltd. and 100% shares of Distribution Network Inc.				Success Events (Hong Kong) Limited transferred 60% shares of Shenzhen Internet Media Co.
Coronet Limited [Member]
Acquired shares percentage		100.00%
Description of acquisitions for future investment purpose		The Company acquired 100% shares of Coronet Limited, Fortunate Yields Limited, Solution Elite Limited, Ultimate Concept Limited, Viva Leader Limited. All these subsidiaries were registered in Republic of Seychelles.
Double Growth Investment Ltd. [Member}
Acquired shares percentage						100.00%
Description of acquisitions for future investment purpose						The Company acquired 100% shares of Double Growth Investment.
Control Block Purchaser [Member]
Common stock held by subsidiary				$ 8,000,000
Stock Purchase Agreement [Member]
Aggregate shares of common stock				8,000,000

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Cash	$ 6,627	$ 520,772	$ 111,024	$ 54,742
Advertising expense	0
Stock Based Compensation [Member]
Common Stock, shares registered	$ 1,000,000
Common Stock, shares par value per share	$ 0.001
Common Stock, shares issued upon registered	$ 100,000

OTHER RECEIVABLES _ RELATED PAR

OTHER RECEIVABLES – RELATED PARTY (Details Narrative)	Sep. 30, 2019USD ($)
Success Holding Group International, Inc [Member]
Other receivables - related party	$ 66,474
Success Entertainment Group Inc [Member]
Other receivables - related party	46,000
Success Drink Group Inc [Member]
Other receivables - related party	122,145
Success Holdings Group Corp USA [Member]
Other receivables - related party	10,800
SEGN Hong Kong Limited [Member]
Other receivables - related party	4,840
Tony Chang [Member]
Other receivables - related party	5,800
Celebrity Enterprise Co [Member]
Other receivables - related party	$ 11,683

ADVANCE TO DIRECTOR (Details Na

ADVANCE TO DIRECTOR (Details Narrative)	Sep. 30, 2019USD ($)
Chief Executive Officer and Director [Member]
Advance to director	$ 397,124

ACCOUNTS PAYABLE _ RELATED PART

ACCOUNTS PAYABLE – RELATED PARTY (Details Narrative) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Accounts Payable – related party	$ 79,136	$ 976,861
Shanghai Kun-Xin Media Limited [Member]
Accounts Payable – related party	31,136
Steve Andrew Chen [Member]
Accounts Payable – related party	$ 48,000

NOTES PAYABLE - RELATED PARTY (

NOTES PAYABLE - RELATED PARTY (Details Narrative) - USD ($)	Aug. 11, 2017	Jul. 05, 2017	Jul. 04, 2017	Jun. 07, 2017	May 15, 2017	Oct. 17, 2017	Apr. 24, 2017	Sep. 30, 2019	Dec. 31, 2018
Promissory note agreements for outstanding amount								$ 75,100	$ 75,000
Steve Andrew Chen [Member]
Repayment of Notes payable						$ 15,032
Promissory Note Agreement [Member] | Steve Andrew Chen [Member]
Promissory note agreements for outstanding amount			$ 10,000		$ 24,500
Maturity date			Jul. 4, 2018		May 15, 2018
Promissory Note Agreement [Member] | Hsu Wen Li [Member]
Promissory note agreements for outstanding amount	$ 20,000	$ 20,000		$ 10,000			$ 10,000
Maturity date	Aug. 11, 2018	Jul. 5, 2018		Jun. 7, 2018			Apr. 24, 2018

LOAN PAYABLE - RELATED PARTY (D

LOAN PAYABLE - RELATED PARTY (Details Narrative) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Loan Payable - Related Party
Loan payable- related party	$ 147,305	$ 143,325

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative) - USD ($)	Mar. 13, 2013	Aug. 31, 2017	Sep. 30, 2019	May 07, 2019	Dec. 31, 2018
Common stock par value			$ 0.001		$ 0.001
Common stock shares authorized			500,000,000		500,000,000
Common stock, shares issued			75,100,000		75,000,000
Common stock, shares outstanding			75,100,000		75,000,000
Common stock shares issued for cash, Shares		64,640,000
Common stock shares issued for cash, Amount		$ 64,640
Common stock shares issued for cash, per share		$ 0.001
Director [Member]
Common stock, price per share	$ 0.001
Common stock, shares issued	8,000,000
Proceeds from issuance of stock	$ 8,000
Non Qualified Stock Incentive Plan [Member]
Common stock, shares issued				100,000
Common stock, market value				$ 100,000
Between December 2013 and March 2014 [Member]
Common stock shares issued for cash, Shares			2,360,000
Common stock shares issued for cash, Amount			$ 23,600
Common stock shares issued for cash, per share			$ 0.001