Zhen Ding Resources (RBTK) 10-K 11 Apr 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Apr. 06, 2018	Jun. 30, 2017
Document And Entity Information
Entity Registrant Name	ZHEN DING RESOURCES INC.
Entity Central Index Key	1,594,204
Document Type	10-K
Trading Symbol	RBTK
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 8,829,391.25
Entity Common Stock, Shares Outstanding		63,968,798
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 7,669	$ 6,918
Total current assets	7,669	6,918
Total assets	7,669	6,918
Current Liabilities:
Accounts payable and accrued liabilities	313,787	305,804
Accounts payable and accrued liabilities - related parties	3,479,101	2,737,056
Deferred revenues	154,619	144,926
Due to related parties	799,282	749,219
Short-term debt - related parties	3,939,377	3,642,110
Total current liabilities	8,686,166	7,579,115
Equity (Deficit):
Common stock, 150,000,000 authorized, $0.0001 par value, 63,968,798 shares issued and outstanding	6,397	6,397
Additional paid-in capital	12,762,875	12,762,875
Subscriptions receivables	(5,431)	(5,431)
Accumulated other comprehensive loss	193,802	524,801
Accumulated deficit	(19,011,152)	(18,530,405)
Total deficit attributable to Zhen Ding Resources Inc.	(6,053,509)	(5,241,763)
Non-controlling interests	(2,624,988)	(2,330,434)
Total equity (deficit)	(8,678,497)	(7,572,197)
Total liabilities and equity (deficit)	$ 7,669	$ 6,918

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized	150,000,000	150,000,000
Common stock, issued	63,968,798	63,968,798
Common stock, outstanding	63,968,798	63,968,798

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Operating expenses:
General and administrative	$ 71,317	$ 115,373
Total operating expenses	71,317	115,373
Operating loss	(71,317)	(115,373)
Other expense:
Interest expenses	(562,585)	(540,227)
Other income (expenses)	458	(899)
Net loss	(633,444)	(656,499)
Loss attributable to non-controlling interests	152,697	160,894
Net loss attributable to Zhen Ding Resources Inc.	$ (480,747)	$ (495,605)
Basic and diluted loss per common share (in dollars per share)	$ (0.01)	$ (0.01)
Basic and diluted weighted average number of common shares outstanding (in shares)	63,968,798	63,968,798
Comprehensive loss:
Net loss	$ (633,444)	$ (656,499)
Other comprehensive income (loss):
Foreign currency translation adjustments	(472,856)	462,742
Total comprehensive loss	(1,106,300)	(193,757)
Comprehensive loss attributable to non-controlling interest	294,554	22,071
Comprehensive loss attributable to Zhen Ding Resources Inc.	$ (811,746)	$ (171,686)

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Deficit - USD ($)	Common Stock [Member]	Additional Paid in Capital [Member]	Subscriptions Receivable [Member]	Accumulated Other Comprehensive Income [Member]	Accumulated Deficit [Member]	Non-controlling Interest [Member]	Total
Balances at beginning at Dec. 31, 2015	$ 6,397	$ 12,762,875	$ (5,431)	$ 200,882	$ (18,034,800)	$ (2,308,363)	$ (7,378,440)
Balances at beginning (in shares) at Dec. 31, 2015	63,968,798
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment				323,919		138,823	462,742
Net loss					(495,605)	(160,894)	(656,499)
Balances at ending at Dec. 31, 2016	$ 6,397	12,762,875	(5,431)	524,801	(18,530,405)	(2,330,434)	(7,572,197)
Balances at ending (in shares) at Dec. 31, 2016	63,968,798
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment				(330,999)		(141,857)	(472,856)
Net loss					(480,747)	(152,697)	(633,444)
Balances at ending at Dec. 31, 2017	$ 6,397	$ 12,762,875	$ (5,431)	$ 193,802	$ (19,011,152)	$ (2,624,988)	$ (8,678,497)
Balances at ending (in shares) at Dec. 31, 2017	63,968,798

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities
Net loss	$ (633,444)	$ (656,499)
Adjustment to reconcile net loss to net cash used in operating activities:
Accounts payable and accrued liabilities	(10,571)	(2,613)
Accounts payable and accrued liabilities - related parties	562,585	541,931
Net cash used in operating activities	(81,430)	(117,181)
Cash flows from financing activities
Net change in advances from related parties	(45)	38,751
Proceeds from borrowings on short-term debt - related parties	82,180	81,068
Net cash provided by financing activities	82,135	119,819
Foreign currency translation	46	(40)
Net change in cash	751	2,598
Cash and cash equivalents - beginning of the year	6,918	4,320
Cash and cash equivalents - end of the year	7,669	6,918
Supplement cash flows information:
Cash paid for interest
Cash paid for income tax

Description of Business

Description of Business	12 Months Ended
	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Note 1. Description of Business Zhen Ding Resources Inc. (formerly Robotech Inc.) (the “Company”, “Zhen Ding DE”, or “ZDRI”) was incorporated in the State of Delaware in September 1996 and began its business activities in the development and marketing of specialized technological equipment. In early 2010, the business direction of our Company was changed to seek opportunities to focus particularly on searching for companies engaged in the mining of gold, silver and copper. Our Company entered into negotiations with Zhen Ding Resources Inc. (a Nevada entity) (“Zhen Ding NV”), which indirectly owns 70% of a Chinese Joint Venture entity, Zhen Ding Mining Co. Ltd. (“Zhen Ding JV” or “JXZD”). This indirect ownership is through a 100% ownership of a California company Z&W, Zhen Ding Corporation (“Z&W CA”). During 2012 and 2013, total issued and outstanding common stock of Zhen Ding NV were tendered to our Company. On October 28, 2013, our Company dissolved Zhen Ding NV by merging it into our Company. Our Company, now through Zhen Ding NV’s wholly owned subsidiary, Z&W CA, participates in a joint venture with Jing Xian Xinzhou Gold Co., Ltd. (“Xinzhou Gold”), a company organized under the laws of the People’s Republic of China (“PRC”). The joint venture company JXZD is 70% held by our Company through Z&W CA who has the mineral exploration, mineral mining and gold mining rights to a property located in the southwestern part of Anhui province in China, near the town of Jing Xian. Xinzhou Gold, the other 30% partner of JXZD is the actual named owner of the various licenses used by JXZD and transferred all rights emanating from these licenses as part of the joint venture agreement between Z&W CA and Xinzhou Gold. Our Company’s primary activity, through JXZD, is ore processing and production in China. In 2017, the Company shut down its mineral processing plant in China due to insufficient working capital. The Company had limited operations and plans to resume selling processed ore concentrate as soon as possible to provide Zhen Ding JV the cash flow needed to keep its plant operating and to maintain a viable work force for future expansion.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies The summary of significant accounting policies presented below is designed to assist in understanding the Company’s financial statements. Such financial statements and accompanying notes are the representations of the Company’s management, which is responsible for the integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“U.S. GAAP”) in all material respects and have been consistently applied in preparing the accompanying financial statements. Basis of Presentation and Principles of Consolidation The consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries Z&W CA and its majority owned subsidiary JXZD. All inter-company transactions and balances were eliminated. The portion of the income applicable to non-controlling interests in subsidiary undertakings is reflected in the consolidated statements of operations. Use of Estimates and Assumptions The Company prepares its financial statements in conformity with U.S. GAAP, which 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 of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Foreign Currency Adjustments Assets and liabilities recorded in foreign currencies are translated at the exchange rate on the balance sheet date. Revenue and expenses are translated at average rates of exchange prevailing during the year. Any translation adjustments are reflected as a separate component of stockholders’ equity (deficit) and have no effect on current earnings. Gains and losses resulting from foreign currency transactions are included in current results of operations. During the years ended December 31, 2017 and 2016, the Company had aggregate foreign currency translation gains (loss) of ($472,856) and $462,742, respectively. Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of six months or less to be cash equivalents. Impairment of Long-Lived Assets Management reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount may not be realizable or at a minimum annually during the fourth quarter of the year. If an evaluation is required, the estimated future undiscounted cash flows associated with the asset are compared to the asset’s carrying value to determine if an impairment of such asset is necessary. The effect of any impairment would be to expense the difference between the fair value of such asset and its carrying value. In 2015, the Company idled its mineral processing plant and wrote the assets down to their estimated fair value of $0 based on expected future cash flow using Level 3 inputs under ASC 820. The Company is currently seeking investment to restart the operations. Income Taxes An asset and liability approach is used for financial accounting and reporting for income taxes. Deferred income taxes arise from temporary differences between income tax and financial reporting and principally relate to recognition of revenue and expenses in different periods for financial and tax accounting purposes and are measured using currently enacted tax rates and laws. In addition, a deferred tax asset can be generated by net operating loss carry forwards. If it is more likely than not that some portion or all of a deferred tax asset will not be realized, a valuation allowance is recognized. The Company has tax losses that may be applied against future taxable income. The potential tax benefit arising from these loss carryforwards are offset by a valuation allowance due to uncertainty of profitable operations in the future. Fair Values of Financial Instruments Management believes that the carrying amounts of the Company’s financial instruments, consisting primarily of cash, account receivable and accounts payable, approximated their fair values as of December 31, 2017 and 2016, due to their short-term nature. Non-controlling Interests Non-controlling interests in the Company’s subsidiaries are reported as a component of equity, separate from the parent’s equity. Purchase or sale of equity interests that do not result in a change of control are accounted for as equity transactions. Results of operations attributable to the minority interest are included in our consolidated results of operations and, upon loss of control, the interest sold, as well as interest retained, if any, will be reported at fair value with any gain or loss recognized in earnings. Basic and Diluted Earnings (Loss) Per Common Share The basic net loss per common share is computed by dividing the net loss by the weighted average number of common shares outstanding. Diluted net loss per common share is computed by dividing the net loss adjusted on an “as converted” basis, by the weighted average number of common shares outstanding plus potential dilutive securities. For all periods presented, there were no potentially dilutive securities outstanding. Subsequent Events The Company evaluated events subsequent to December 31, 2017 through the date the financial statements were issued for disclosure consideration. Recently Issued Accounting Pronouncements In August 2014, the FASB issued ACU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. The new standard requires management to assess the company’s ability to continue as a going concern. Disclosures are required if there is substantial doubt as to the company’s continuation as a going concern within one year after the issue date of financial statements. The standard provides guidance for making the assessment, including consideration of management’s plans which may alleviate doubt regarding the Company’s ability to continue as a going concern. ASU 2014-15 is effective for years ending after December 15, 2016. The Company adopted this standard for the year ending December 31, 2016, and management has concluded that there is substantial doubt as to the Company’s continuation as a going concern within one year after the issuance date of the financial statements.

Going Concern

Going Concern	12 Months Ended
	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	Note 3. Going Concern These financial statements have been prepared on a going concern basis, which implies the Company will continue to meet its obligations and continue its operations for the next twelve months. As of December 31, 2017, the Company had accumulated losses of $19,011,152 since inception and had a working capital deficit of $8,678,497. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. The continuation of the Company as a going concern is dependent upon financial support from its stockholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. Realization value may be substantially different from carrying values as shown and these financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions	Note 4. Related Party Transactions Accounts payable As of December 31, 2017 and 2016, the Company had payables of $799,282 and $749,219, respectively, to Xinzhou Gold. These payables bear no interest, are unsecured and are due on demand. Short-term debt As of December 31, 2017 and 2016, the Company had short-term debts to related parties of $3,939,377 and $3,642,110, respectively. The details of the loans are described as below. At December 31, Name Relationship to the Company Amount Interest Rate Start Date Maturity Shor-term debt Wei De Gang CEO & Legal person of JXZD $ 2,761,708 15 % May 31, 2011 May 31, 2014 Zhao Yan Ling Former office manager of JXZD, 16,128 15 % January 1, 2011 December 31, 2013 Zhou Zhi Bin Former CEO & Legal person of 7,680 15 % January 1, 2011 December 31, 2013 Tang Yong Hong Manager of JXZD 330,628 15 % February 28, February 28, 2016 Yan Chun Yan Accountant of JXZD 9,345 15 % August 31, 2014 August 31, 2015 Wen Mei Tu President & shareholder of ZDRI 370,800 12 % Various Various Importation Shareholder of ZDRI 30,000 12 % July 9, 2012 July 12, 2013 Tony Ng Man Shareholder of ZDRI 25,000 12 % February 27, February 27, 2014 Wei Tai Trading Shareholder of ZDRI 12,000 12 % June 3, 2015 September 3, 2015 JYS Technologies Wen Mei Tu’s brother in law owned 6,000 12 % May 22, 2015 July 19, 2016 Philip Pak Shareholder of ZDRI 41,000 12 % Various Various Victor Sun Consultant & shareholder of ZDRI 3,923 0 % January 1, 2013 On Demand Helen Chen President of Z&W CA 17,965 0 % January 1, 2011 On Demand Current portion of long-term debt Zhou Qiang Office manager of JXZD 307,200 15 % December 18, December 18, 2015 Total $ 3,939,377 At December 31, 2016: Annual Name Relationship to the Company Amount Interest Rate Start Date Maturity Shor-term debt Wei De Gang CEO & Legal Person of JXZD $ 2,588,518 15 % May 31, 2011 May 31, 2014 Zhao Yan Ling Former Office Manager in JXZD, 15,117 15 % January 1, 2011 December 31, 2013 Zhou Zhi Bin Former CEO & Legal Person of 7,200 15 % January 1, 2011 December 31, 2013 Tang Yong Hong Manager of JXZD 309,901 15 % February 28, February 28, 2016 Yan Chun Yan Accountant of JXZD 6,686 15 % August 31, 2014 August 31, 2015 Wen Mei Tu President & shareholder of ZDRI 331,800 12 % Various Various Importation Tresor Plus Inc Shareholder of ZDRI 30,000 12 % July 9, 2012 July 12, 2013 Tony Ng Man Kin Shareholder of ZDRI 25,000 12 % February 27, February 27, 2014 Wei Tai Trading Shareholder of ZDRI 12,000 12 % June 3, 2015 September 3, 2015 JYS Technologies Owned by Wen Mei Tu’s brother- 6,000 12 % May 22, 2015 July 19, 2016 Victor Sun Consultant & shareholder of ZDRI 3,923 0 % January 1, 2013 On Demand Helen Chen President of Z&W CA 17,965 0 % January 1, 2011 On Demand Current portion of long-term debt Zhou Qiang Office manager of JXZD 288,000 15 % December 18, December 18, 2015 Total $ 3,642,110 As of December 31, 2017 and 2016, the Company had accrued interest payable to the related parties of $3,479,101 and $2,737,056, respectively. For the years ended December 31, 2017 and 2016, the Company recorded interest expense of $562,585 and $540,227, respectively. The Company has received no demands for repayment of matured debt instruments.

Deferred Revenues

Deferred Revenues	12 Months Ended
	Dec. 31, 2017
Deferred Revenue Disclosure [Abstract]
Deferred Revenues	Note 5. Deferred Revenues As of December 31, 2017 and 2016, the Company had deferred revenue of $154,619 and $144,926, respectively, related to advances that the Company received from its customers. The Company has received no demands for repayment of deferred revenues.

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Note 6. Contingencies Concentration of Credit Risk Substantially all of the Company’s bank accounts are in banks located in The People’s Republic of China and are not covered by protection similar to that provided by the FDIC on funds held in United States banks. Vulnerability Due to Operations in PRC The Company’s operations in China may be adversely affected by significant political, economic and social uncertainties in the PRC. Although the PRC government has been pursuing economic reform policies for more than twenty years, no assurance can be given that the PRC government will continue to pursue such policies or that such policies may not be significantly altered, especially in the event of a change in leadership, social or political disruption or unforeseen circumstances affecting the PRC’s political, economic and social conditions. There is also no guarantee that the PRC government’s pursuit of economic reforms will be consistent or effective in the future.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Note 7. Income Taxes The Company and its subsidiaries are subject to income taxes on an "entity" basis that is, on income arising in or derived from the tax jurisdiction in which each entity is domiciled. It is management's intention to reinvest all the income earned by the Company's subsidiaries outside of the US. Accordingly, no US federal income taxes have been provided on earnings of the foreign based subsidiaries. On December 22, 2017, new federal tax reform legislation was enacted in the United States (the “2017 Tax The Company was incorporated in the United States and is subject to United States federal income taxes and has incurred operating losses since its inception. The Company's joint venture in China is subject to a 25% statutory PRC

Summary of Significant Accoun14

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries Z&W CA and its majority owned subsidiary JXZD. All inter-company transactions and balances were eliminated. The portion of the income applicable to non-controlling interests in subsidiary undertakings is reflected in the consolidated statements of operations.
Use of Estimates and Assumptions	Use of Estimates and Assumptions The Company prepares its financial statements in conformity with U.S. GAAP, which 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 of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Foreign Currency Adjustments	Foreign Currency Adjustments Assets and liabilities recorded in foreign currencies are translated at the exchange rate on the balance sheet date. Revenue and expenses are translated at average rates of exchange prevailing during the year. Any translation adjustments are reflected as a separate component of stockholders’ equity (deficit) and have no effect on current earnings. Gains and losses resulting from foreign currency transactions are included in current results of operations. During the years ended December 31, 2017 and 2016, the Company had aggregate foreign currency translation gains (loss) of ($472,856) and $462,742, respectively.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of six months or less to be cash equivalents.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Management reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount may not be realizable or at a minimum annually during the fourth quarter of the year. If an evaluation is required, the estimated future undiscounted cash flows associated with the asset are compared to the asset’s carrying value to determine if an impairment of such asset is necessary. The effect of any impairment would be to expense the difference between the fair value of such asset and its carrying value. In 2015, the Company idled its mineral processing plant and wrote the assets down to their estimated fair value of $0 based on expected future cash flow using Level 3 inputs under ASC 820. The Company is currently seeking investment to restart the operations.
Income Taxes	Income Taxes An asset and liability approach is used for financial accounting and reporting for income taxes. Deferred income taxes arise from temporary differences between income tax and financial reporting and principally relate to recognition of revenue and expenses in different periods for financial and tax accounting purposes and are measured using currently enacted tax rates and laws. In addition, a deferred tax asset can be generated by net operating loss carry forwards. If it is more likely than not that some portion or all of a deferred tax asset will not be realized, a valuation allowance is recognized. The Company has tax losses that may be applied against future taxable income. The potential tax benefit arising from these loss carryforwards are offset by a valuation allowance due to uncertainty of profitable operations in the future.
Fair Values of Financial Instruments	Fair Values of Financial Instruments Management believes that the carrying amounts of the Company’s financial instruments, consisting primarily of cash, account receivable and accounts payable, approximated their fair values as of December 31, 2017 and 2016, due to their short-term nature.
Non-controlling Interests	Non-controlling Interests Non-controlling interests in the Company’s subsidiaries are reported as a component of equity, separate from the parent’s equity. Purchase or sale of equity interests that do not result in a change of control are accounted for as equity transactions. Results of operations attributable to the minority interest are included in our consolidated results of operations and, upon loss of control, the interest sold, as well as interest retained, if any, will be reported at fair value with any gain or loss recognized in earnings.
Basic and Diluted Earnings (Loss) Per Common Share	Basic and Diluted Earnings (Loss) Per Common Share The basic net loss per common share is computed by dividing the net loss by the weighted average number of common shares outstanding. Diluted net loss per common share is computed by dividing the net loss adjusted on an “as converted” basis, by the weighted average number of common shares outstanding plus potential dilutive securities. For all periods presented, there were no potentially dilutive securities outstanding.
Subsequent Events	Subsequent Events The Company evaluated events subsequent to December 31, 2017 through the date the financial statements were issued for disclosure consideration.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In August 2014, the FASB issued ACU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. The new standard requires management to assess the company’s ability to continue as a going concern. Disclosures are required if there is substantial doubt as to the company’s continuation as a going concern within one year after the issue date of financial statements. The standard provides guidance for making the assessment, including consideration of management’s plans which may alleviate doubt regarding the Company’s ability to continue as a going concern. ASU 2014-15 is effective for years ending after December 15, 2016. The Company adopted this standard for the year ending December 31, 2016, and management has concluded that there is substantial doubt as to the Company’s continuation as a going concern within one year after the issuance date of the financial statements.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Schedule of short-term debt	The details of the loans are described as below. At December 31, Name Relationship to the Company Amount Interest Rate Start Date Maturity Shor-term debt Wei De Gang CEO & Legal person of JXZD $ 2,761,708 15 % May 31, 2011 May 31, 2014 Zhao Yan Ling Former office manager of JXZD, 16,128 15 % January 1, 2011 December 31, 2013 Zhou Zhi Bin Former CEO & Legal person of 7,680 15 % January 1, 2011 December 31, 2013 Tang Yong Hong Manager of JXZD 330,628 15 % February 28, February 28, 2016 Yan Chun Yan Accountant of JXZD 9,345 15 % August 31, 2014 August 31, 2015 Wen Mei Tu President & shareholder of ZDRI 370,800 12 % Various Various Importation Shareholder of ZDRI 30,000 12 % July 9, 2012 July 12, 2013 Tony Ng Man Shareholder of ZDRI 25,000 12 % February 27, February 27, 2014 Wei Tai Trading Shareholder of ZDRI 12,000 12 % June 3, 2015 September 3, 2015 JYS Technologies Wen Mei Tu’s brother in law owned 6,000 12 % May 22, 2015 July 19, 2016 Philip Pak Shareholder of ZDRI 41,000 12 % Various Various Victor Sun Consultant & shareholder of ZDRI 3,923 0 % January 1, 2013 On Demand Helen Chen President of Z&W CA 17,965 0 % January 1, 2011 On Demand Current portion of long-term debt Zhou Qiang Office manager of JXZD 307,200 15 % December 18, December 18, 2015 Total $ 3,939,377 At December 31, 2016: Annual Name Relationship to the Company Amount Interest Rate Start Date Maturity Shor-term debt Wei De Gang CEO & Legal Person of JXZD $ 2,588,518 15 % May 31, 2011 May 31, 2014 Zhao Yan Ling Former Office Manager in JXZD, 15,117 15 % January 1, 2011 December 31, 2013 Zhou Zhi Bin Former CEO & Legal Person of 7,200 15 % January 1, 2011 December 31, 2013 Tang Yong Hong Manager of JXZD 309,901 15 % February 28, February 28, 2016 Yan Chun Yan Accountant of JXZD 6,686 15 % August 31, 2014 August 31, 2015 Wen Mei Tu President & shareholder of ZDRI 331,800 12 % Various Various Importation Tresor Plus Inc Shareholder of ZDRI 30,000 12 % July 9, 2012 July 12, 2013 Tony Ng Man Kin Shareholder of ZDRI 25,000 12 % February 27, February 27, 2014 Wei Tai Trading Shareholder of ZDRI 12,000 12 % June 3, 2015 September 3, 2015 JYS Technologies Owned by Wen Mei Tu’s brother- 6,000 12 % May 22, 2015 July 19, 2016 Victor Sun Consultant & shareholder of ZDRI 3,923 0 % January 1, 2013 On Demand Helen Chen President of Z&W CA 17,965 0 % January 1, 2011 On Demand Current portion of long-term debt Zhou Qiang Office manager of JXZD 288,000 15 % December 18, December 18, 2015 Total $ 3,642,110

Description of Business (Detail

Description of Business (Details Narrative)	Dec. 31, 2017
Other Partners [Member]
Ownership percentage	30.00%
Zhen Ding JV [Member]
Ownership percentage	70.00%
Zhen Ding Corporation [Member]
Ownership percentage	100.00%

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Accounting Policies [Abstract]
Foreign currency translation gains (loss)	$ (472,856)	$ 462,742

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ (19,011,152)	$ (18,530,405)
Working capital deficit	$ (8,678,497)

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Amount	$ 3,939,377	$ 3,642,110
Wei De Gang [Member]
Relationship to the Company	CEO & Legal Person of JXZD	CEO & Legal Person of JXZD
Amount	$ 2,761,708	$ 2,588,518
Annual Interest Rate	15.00%	15.00%
Start Date	May 31, 2011	May 31, 2011
Maturity	May 31, 2014	May 31, 2014
Zhao Yan Ling [Member]
Relationship to the Company	Former office manager of JXZD, wife of Zhou Zhi Bin	Former Office Manager in JXZD, wife of Zhou Zhi Bin
Amount	$ 16,128	$ 15,117
Annual Interest Rate	15.00%	15.00%
Start Date	January 1, 2011	January 1, 2011
Maturity	December 31, 2013	December 31, 2013
Zhou Zhi Bin [Member]
Relationship to the Company	Former CEO & Legal Person of JXZD	Former CEO & Legal Person of JXZD
Amount	$ 7,680	$ 7,200
Annual Interest Rate	15.00%	15.00%
Start Date	January 1, 2011	January 1, 2011
Maturity	December 31, 2013	December 31, 2013
Tang Yong Hong [Member]
Relationship to the Company	Manager of JXZD	Manager of JXZD
Amount	$ 330,628	$ 309,901
Annual Interest Rate	15.00%	15.00%
Start Date	February 28, 2015	February 28, 2015
Maturity	February 28, 2016	February 28, 2016
Yan Chun Yan [Member]
Relationship to the Company	Accountant of JXZD	Accountant of JXZD
Amount	$ 9,345	$ 6,686
Annual Interest Rate	15.00%	15.00%
Start Date	August 31, 2014	August 31, 2014
Maturity	August 31, 2015	August 31, 2015
Wen Mei Tu [Member]
Relationship to the Company	President & shareholder of ZDRI	President & shareholder of ZDRI
Amount	$ 370,800	$ 331,800
Annual Interest Rate	12.00%	12.00%
Start Date	Various	Various
Maturity	Various	Various
Importation Tresor Plus Inc [Member]
Relationship to the Company	Shareholder of ZDRI	Shareholder of ZDRI
Amount	$ 30,000	$ 30,000
Annual Interest Rate	12.00%	12.00%
Start Date	July 9, 2012	July 9, 2012
Maturity	July 12, 2013	July 12, 2013
Tony Ng Man Kin [Member]
Relationship to the Company	Shareholder of ZDRI	Shareholder of ZDRI
Amount	$ 25,000	$ 25,000
Annual Interest Rate	12.00%	12.00%
Start Date	February 27, 2013	February 27, 2013
Maturity	February 27, 2014	February 27, 2014
Wai Tai Trading Inc [Member]
Relationship to the Company	Shareholder of ZDRI	Shareholder of ZDRI
Amount	$ 12,000	$ 12,000
Annual Interest Rate	12.00%	12.00%
Start Date	June 3, 2015	June 3, 2015
Maturity	September 3, 2015	September 3, 2015
JYS Technologies Inc [Member]
Relationship to the Company	Wen Mei Tu’s brother in law owned	Owned by Wen Mei Tu’s brother-in-law
Amount	$ 6,000	$ 6,000
Annual Interest Rate	12.00%	12.00%
Start Date	May 22, 2015	May 22, 2015
Maturity	July 19, 2016	July 19, 2016
Philip Pak [Member]
Relationship to the Company	Shareholder of ZDRI
Amount	$ 41,000
Annual Interest Rate	12.00%
Start Date	Various
Maturity	Various
Victor Sun [Member]
Relationship to the Company	Consultant & shareholder of ZDRI	Consultant & shareholder of ZDRI
Amount	$ 3,923	$ 3,923
Annual Interest Rate	0.00%	0.00%
Start Date	January 1, 2013	January 1, 2013
Maturity	On Demand	On Demand
Helen Chen [Member]
Relationship to the Company	President of Z&W CA	President of Z&W CA
Amount	$ 17,965	$ 17,965
Annual Interest Rate	0.00%	0.00%
Start Date	January 1, 2011	January 1, 2011
Maturity	On Demand	On Demand
Zhou Qiang [Member]
Relationship to the Company	Office manager of JXZD	Office manager of JXZD
Amount	$ 307,200	$ 288,000
Annual Interest Rate	15.00%	15.00%
Start Date	December 18, 2012	December 18, 2012
Maturity	December 18, 2015	December 18, 2015

Related Party Transactions (D20

Related Party Transactions (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Due to related parties	$ 799,282	$ 749,219
Short-term debt-related parties	3,939,377	3,642,110
Accrued interest-related parties	3,479,101	2,737,056
Interest expense	562,585	540,227
Xinzhou Gold Co Ltd [Member]
Due to related parties	$ 799,282	$ 749,219

Deferred Revenues (Details Narr

Deferred Revenues (Details Narrative) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Deferred Revenue Disclosure [Abstract]
Deferred revenue	$ 154,619	$ 144,926

Income Taxes (Details Narrative

Income Taxes (Details Narrative)	12 Months Ended
	Dec. 31, 2017USD ($)
Net operating loss carryforwards	$ 19,000,000
Net operating loss carryforwards expiration date	Dec. 31, 2035
Statutory rate	25.00%
Deferred tax assets valuation allowance	$ 795,141
Maximum [Member]
Income tax rate	35.00%
Minimum [Member]
Income tax rate	21.00%