Zhen Ding Resources (RBTK) 10-Q 17 May 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2023	May 17, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2023
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	333-188152
Entity Registrant Name	ZHEN DING RESOURCES INC.
Entity Central Index Key	0001594204
Entity Tax Identification Number	11-3350926
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	Suite 111
Entity Address, Address Line Two	3900 Place De Java
Entity Address, Address Line Three	Second Floor
Entity Address, City or Town	Brossard
Entity Address, State or Province	QC
Entity Address, Country	CA
Entity Address, Postal Zip Code	J4Y 9C4
City Area Code	438
Local Phone Number	882-4148
Title of 12(b) Security	Common Stock
Trading Symbol	RBTK
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		110,411,348

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Current Assets:
Cash	$ 10,740	$ 13,708
Total current assets	10,740	13,708
Current Liabilities:
Accounts payable and accrued liabilities	409,845	400,755
Accounts payable and accrued liabilities-related parties	5,700,503	5,555,132
Deferred revenue	132,006	131,462
Due to related parties	779,507	776,295
Short-term debt	154,500	154,500
Short-term debt-related parties	3,338,006	3,311,209
Total current liabilities	10,514,367	10,329,353
Stockholders’ deficit
Common stock, 150,000,000 authorized, $0.0001 par value, 110,410,348 shares issued and outstanding	11,041	11,041
Additional paid-in capital	13,687,082	13,687,082
Subscriptions receivable	(5,431)	(5,431)
Accumulated other comprehensive income	528,941	557,392
Accumulated deficit	(21,449,702)	(21,345,909)
Total deficit attributable to Zhen Ding Resources Inc.	(7,228,069)	(7,095,825)
Non-controlling interests	(3,275,558)	(3,219,820)
Total Stockholders’ deficit	(10,503,627)	(10,315,645)
Total liabilities and Stockholders’ deficit	$ 10,740	$ 13,708

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Common Stock, Shares Authorized	150,000,000	150,000,000
Common Stock, Par Value	$ 0.0001	$ 0.0001
Common Stock, Shares Issued	110,410,348	110,410,348
Common Stock, Shares Outstanding	110,410,348	110,410,348

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating expenses:
General and administrative	$ 12,364	$ 19,748
Gain on sale of assets		(279)
Total operating expenses	12,364	19,469
Operating loss	(12,364)	(19,469)
Other expense:
Interest expenses	(127,838)	(135,444)
Net loss	(140,202)	(154,913)
Loss attributable to non-controlling interests	36,409	39,196
Net loss attributable to Zhen Ding Resources Inc.	$ (103,793)	$ (115,717)
Basic and diluted loss per common share	$ 0	$ 0
Basic and diluted weighted average number of common shares outstanding	110,411,348	110,411,348
Comprehensive loss:
Net loss	$ (140,202)	$ (154,913)
Other comprehensive income (loss):
Foreign currency translation adjustments	(47,780)	(52,260)
Total comprehensive loss	(187,982)	(207,173)
Comprehensive loss attributable to non-controlling interest	55,738	54,873
Comprehensive loss attributable to Zhen Ding Resources Inc.	$ (243,720)	$ (262,046)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities
Net loss	$ (140,202)	$ (154,913)
Adjustment to reconcile net loss to net cash used in operating activities:
Gain on sale of property and equipment		(279)
Changes in operating assets and liabilities
Accounts payable and accrued liabilities	9,090	61,198
Accounts payable and accrued liabilities-related parties	120,927	74,646
Net cash used in operating activities	(10,185)	(19,348)
Cash flows from investing activities
Payments for the purchase of fixed assets		279
Net cash provided (used) for investing activities		279
Cash flows from financing activities
Proceeds from borrowings on short-term debt – related parties	13,500	(819)
Net cash provided by financing activities	13,500	(819)
Foreign currency translation	(6,283)	3,245
Net change in cash	(2,968)	(16,643)
Cash - beginning of the period	13,708	29,782
Cash - end of the period	10,740	13,139
Supplemental cash flow information:
Cash paid for interest
Cash paid for income tax

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Changes in Stockholders' Deficit (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Receivables from Stockholder [Member]	Accumulated Distributions in Excess of Net Income [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Dec. 31, 2021	$ 11,041	$ 13,687,082	$ (5,431)	$ 7,272	$ (20,910,525)	$ (3,307,682)	$ (10,518,243)
Beginning balance, shares at Dec. 31, 2021	110,411,348
Foreign currency translation adjustment				(36,583)		(15,677)	(52,260)
Net loss					(115,717)	(39,196)	(154,913)
Ending balance, value at Mar. 31, 2022	$ 11,041	13,687,082	(5,431)	(29,311)	(21,026,242)	(3,362,555)	(10,725,416)
Ending balance, shares at Mar. 31, 2022	110,411,348
Beginning balance, value at Dec. 31, 2022	$ 11,041	13,687,082	(5,431)	557,392	(21,345,909)	(3,219,820)	(10,315,645)
Beginning balance, shares at Dec. 31, 2022	110,411,348
Foreign currency translation adjustment				(28,451)		(19,329)	(47,780)
Net loss					(103,793)	(36,409)	(140,202)
Ending balance, value at Mar. 31, 2023	$ 11,041	$ 13,687,082	$ (5,431)	$ 528,941	$ (21,449,702)	$ (3,275,558)	$ (10,503,627)
Ending balance, shares at Mar. 31, 2023	110,411,348

Description of Business

Description of Business	3 Months Ended
	Mar. 31, 2023
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. The Company indirectly owns 70% 100% Our Company, through 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% 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	3 Months Ended
	Mar. 31, 2023
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 These unaudited condensed consolidated financial statements have been prepared in accordance rules and regulations of the Securities and Exchange Commission (“SEC”) and generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the unaudited consolidated financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, we have included all adjustments considered necessary for a fair presentation and such adjustments are of a normal recurring nature. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements for the year ended December 31, 2022 and notes thereto and other pertinent information contained in our Form 10-K as filed with the SEC on March 30, 2022. The results of operations for the three months ended March 31, 2023, are not necessarily indicative of the results to be expected for the full fiscal year ending December 31, 2023. 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. Reclassifications Certain prior year amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings (loss) or and financial position. 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 periods ended March 31, 2023 and 2022, the Company had aggregate foreign currency translation gains (loss) of ($ 47,780 52,260 Cash Cash consists of amounts denominated in US dollars. The Company does not, at any time, maintain cash in deposit accounts in excess of Federal Deposit Insurance Corporation (“FDIC”) limits. The Company has not experienced any losses on such accounts. The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. At March 31, the Company had no 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. The Company follows the FASB guidance for how uncertain tax positions should be recognized, measured and presented in the financial statements. This requires the evaluation of tax positions taken or expected be taken in the course of preparing the Company’s tax returns to determine whether the tax positions are “more-likely-than-not” of being sustained “when challenged” or “when examined” by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax expense and liability in the current year. Management has evaluated the Company’s tax positions and concluded that the Company has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance as of March 31, 2023. The Company is not currently under audit by any tax jurisdiction. The Company’s open taxes years are from 2018 to 2022. Fair Values of Financial Instruments Management believes that the carrying amounts of the Company’s financial instruments, consisting primarily of cash, , due to related parties, short term debt and short term debt – related parties, approximated their fair values as of March 31, 2023 and December 31, 2022, 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. Recently Issued Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, ASC Subtopic 470-20 “Debt—Debt with “Conversion and Other Options” and ASC subtopic 815-40 “Hedging—Contracts in Entity’s Own Equity”. The standard reduced the number of accounting models for convertible debt instruments and convertible preferred stock. Convertible instruments that continue to be subject to separation models are (1) those with embedded conversion features that are not clearly and closely related to the host contract, that meet the definition of a derivative, and that do not qualify for a scope exception from derivative accounting; and, (2) convertible debt instruments issued with substantial premiums for which the premiums are recorded as paid-in capital. The amendments in this update are effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. The Company adopted January 1, 2022 and noted no impact on its consolidated financial statements. In March 2022, the FASB issued ASU 2022-02, ASC Subtopic 326 “Credit Losses”: Troubled Debt Restructurings and Vintage Disclosures. Since the issuance of Accounting Standards Update No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, the Board has provided resources to monitor and assist stakeholders with the implementation of Topic 326. Post-Implementation Review (PIR) activities have included forming a Credit Losses Transition Resource Group, conducting outreach with stakeholders of all types, developing educational materials and staff question-and-answer guidance, conducting educational workshops, and performing an archival review of financial reports. ASU No. 2022-02 is effective for annual and interim periods beginning after December 15, 2022. The Company does not expect the standard to have a significant impact on its financial statements. The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its consolidated financial statements

Going Concern

Going Concern	3 Months Ended
	Mar. 31, 2023
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 March 31, 2023, the Company had accumulated losses of $ 21,449,702 10,503,627

Short-Term Debt

Short-Term Debt	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Short-Term Debt	Note 4. Short-Term Debt The following table represents the details of the short-term debts at March 31, 2023 and December 31, 2022: Schedule of short term debt Issuance date Maturity Interest Rate 03.31.2023 12.31.2022 October 2, 2019 October 1, 2020 1% $ 10,000 $ 10,000 January 15, 2020 January 15, 2021 1% 22,000 22,000 April 16, 2020 April 15, 2021 1% 13,500 13,500 July 2, 2020 July 1, 2021 1% 18,500 18,500 October 23, 2020 October 22, 2021 1% 6,500 6,500 January 5, 2021 January 15, 2022 1% 22,500 22,500 March 10, 2021 March 10, 2022 1% 20,000 20,000 July 13, 2021 July 13, 2022 1% 16,500 16,500 December 14, 2021 December 14, 2022 1% 25,000 25,000 $ 154,500 $ 154,500 According to the loan agreements, there is not any additional interest and penalty for the loans passing maturity date. During the three months ended March 31, 2023 and 2022, the Company recorded interest expense and accrued interest of $ 4,635 4,635

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Note 5. Related Party Transactions Accounts payable As of March 31, 2023 and December 31, 2022, the Company had payables of $ 779,507 776,295 Short-term debt As of March 31, 2023 and December 31, 2022, the Company had short-term debts to related parties of $ 3,338,006 3,311,209 At March 31, 2023: Schedule of short term debt Name Relationship to the Company Amount Interest Rate Start Date Maturity Shor-term debt Wei De Gang CEO & Legal person of JXZD $ 2,588,782 15 % May 31, 2011 May 31, 2014 Zhao Yan Ling Former office manager of JXZD, wife of Zhou Zhi Bin 15,288 15 % January 1, 2011 December 31, 2013 Zhou Zhi Bin Former CEO & Legal person of JXZD 7,280 15 % January 1, 2011 December 31, 2013 Tang Yong Hong Manager of JXZD 313,829 15 % February 28, February 28, 2016 Yan Chun Yan Accountant of JXZD 8,345 15 % August 31, 2014 August 31, 2015 Victor Sun Shareholder of ZDRI 50,282 January 1, 2011 On Demand Victor Sun Shareholder of ZDRI 12,000 15 % April 25, 2022 May 2, 2023 Victor Sun Shareholder of ZDRI 13,000 15 % May 2, 2022 May 2, 2023 Victor Sun Shareholder of ZDRI 12,000 15 % July 12, 2022 July 12, 2023 Victor Sun Shareholder of ZDRI 12,500 15 % December 6, 2022 December 5, 2023 Victor Sun Shareholder of ZDRI 13,500 15 % January 11, 2023 January 11, 2024 Current portion of long-term debt Zhou Qiang Office manager of JXZD 291,200 15 % December 18, 2012 December 18, 2015 Total $ 3,338,006 At December 31, 2022: Name Relationship to the Company Amount Interest Rate Start Date Maturity Shor-term debt Wei De Gang CEO & Legal person of JXZD $ 2,578,114 15 % May 31, 2011 May 31, 2014 Zhao Yan Ling Former office manager of JXZD, wife of Zhou Zhi Bin 15,225 15 % January 1, 2011 December 31, 2013 Zhou Zhi Bin Former CEO & Legal person of JXZD 7,250 15 % January 1, 2011 December 31, 2013 Tang Yong Hong Manager of JXZD 312,536 15 % February 28, February 28, 2016 Yan Chun Yan Accountant of JXZD 8,302 15 % August 31, 2014 August 31, 2015 Victor Sun Shareholder of ZDRI 50,282 January 1, 2011 On Demand Victor Sun Shareholder of ZDRI 12,000 15 % April 25, 2022 May 2, 2023 Victor Sun Shareholder of ZDRI 13,000 15 % May 2, 2022 May 2, 2023 Victor Sun Shareholder of ZDRI 12,000 15 % July 12, 2022 July 12, 2023 Victor Sun Shareholder of ZDRI 12,500 15 % December 6, 2022 December 5, 2023 Current portion of long-term debt Zhou Qiang Office manager of JXZD 290,000 15 % December 18, 2012 December 18, 2015 Total $ 3,311,209 As of March 31, 2023, and December 31, 2022, the Company had accrued interest payable to the related parties of $ 5,700,503 5,555,132 153,682 135,444

Accounts Payable and Accrued Li

Accounts Payable and Accrued Liabilities	3 Months Ended
	Mar. 31, 2023
Accounts Payable And Accrued Liabilities
Accounts Payable and Accrued Liabilities	Note 6. Accounts Payable and Accrued Liabilities As of March 31, 2023 and December 31, 2022, the Company had accounts payable of $ 189,003 184,684 220,842 216,072

Deferred Revenues

Deferred Revenues	3 Months Ended
	Mar. 31, 2023
Revenue Recognition and Deferred Revenue [Abstract]
Deferred Revenues	Note 7. Deferred Revenues As of March 31, 2023 and December 31, 2022, the Company had deferred revenue of $ 132,006 131,462

Contingencies

Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Note 8. 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.

COVID-19

COVID-19	3 Months Ended
	Mar. 31, 2023
Covid-19
COVID-19	Note 9. – COVID-19 On January 30, 2020, the World Health Organization (“WHO”) announced a global health emergency in response to a new strain of a coronavirus (the “COVID-19 outbreak”). In March 2020, the WHO classified the COVID-19 outbreak as a pandemic based on the rapid increase in exposure globally. The full impact of the COVID-19 outbreak continues to evolve as of the date of this report .Management is actively monitoring the global situation and its effects on the Company’s industry, financial condition, liquidity, and operations. Given the daily evolution of the COVID-19 outbreak and the global responses to curb its spread, the Company is not able to estimate the effects of the COVID-19 outbreak on its results of operations, financial condition, or liquidity for fiscal year 2020.However, if the pandemic continues, it may have a material adverse effect on the Company’s results of future operations, financial position, and liquidity in fiscal year 2023.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 10. Subsequent Events The Company does not have any events subsequent to March 31, 2023 through May 17, 2023 the date the financial statements were issued for disclosure consideration.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation These unaudited condensed consolidated financial statements have been prepared in accordance rules and regulations of the Securities and Exchange Commission (“SEC”) and generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the unaudited consolidated financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, we have included all adjustments considered necessary for a fair presentation and such adjustments are of a normal recurring nature. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements for the year ended December 31, 2022 and notes thereto and other pertinent information contained in our Form 10-K as filed with the SEC on March 30, 2022. The results of operations for the three months ended March 31, 2023, are not necessarily indicative of the results to be expected for the full fiscal year ending December 31, 2023. 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.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings (loss) or and financial position.
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 periods ended March 31, 2023 and 2022, the Company had aggregate foreign currency translation gains (loss) of ($ 47,780 52,260
Cash	Cash Cash consists of amounts denominated in US dollars. The Company does not, at any time, maintain cash in deposit accounts in excess of Federal Deposit Insurance Corporation (“FDIC”) limits. The Company has not experienced any losses on such accounts. The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. At March 31, the Company had no
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. The Company follows the FASB guidance for how uncertain tax positions should be recognized, measured and presented in the financial statements. This requires the evaluation of tax positions taken or expected be taken in the course of preparing the Company’s tax returns to determine whether the tax positions are “more-likely-than-not” of being sustained “when challenged” or “when examined” by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax expense and liability in the current year. Management has evaluated the Company’s tax positions and concluded that the Company has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance as of March 31, 2023. The Company is not currently under audit by any tax jurisdiction. The Company’s open taxes years are from 2018 to 2022.
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, , due to related parties, short term debt and short term debt – related parties, approximated their fair values as of March 31, 2023 and December 31, 2022, 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.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, ASC Subtopic 470-20 “Debt—Debt with “Conversion and Other Options” and ASC subtopic 815-40 “Hedging—Contracts in Entity’s Own Equity”. The standard reduced the number of accounting models for convertible debt instruments and convertible preferred stock. Convertible instruments that continue to be subject to separation models are (1) those with embedded conversion features that are not clearly and closely related to the host contract, that meet the definition of a derivative, and that do not qualify for a scope exception from derivative accounting; and, (2) convertible debt instruments issued with substantial premiums for which the premiums are recorded as paid-in capital. The amendments in this update are effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. The Company adopted January 1, 2022 and noted no impact on its consolidated financial statements. In March 2022, the FASB issued ASU 2022-02, ASC Subtopic 326 “Credit Losses”: Troubled Debt Restructurings and Vintage Disclosures. Since the issuance of Accounting Standards Update No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, the Board has provided resources to monitor and assist stakeholders with the implementation of Topic 326. Post-Implementation Review (PIR) activities have included forming a Credit Losses Transition Resource Group, conducting outreach with stakeholders of all types, developing educational materials and staff question-and-answer guidance, conducting educational workshops, and performing an archival review of financial reports. ASU No. 2022-02 is effective for annual and interim periods beginning after December 15, 2022. The Company does not expect the standard to have a significant impact on its financial statements. The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its consolidated financial statements

Short-Term Debt (Tables)

Short-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Schedule of short term debt	Schedule of short term debt Issuance date Maturity Interest Rate 03.31.2023 12.31.2022 October 2, 2019 October 1, 2020 1% $ 10,000 $ 10,000 January 15, 2020 January 15, 2021 1% 22,000 22,000 April 16, 2020 April 15, 2021 1% 13,500 13,500 July 2, 2020 July 1, 2021 1% 18,500 18,500 October 23, 2020 October 22, 2021 1% 6,500 6,500 January 5, 2021 January 15, 2022 1% 22,500 22,500 March 10, 2021 March 10, 2022 1% 20,000 20,000 July 13, 2021 July 13, 2022 1% 16,500 16,500 December 14, 2021 December 14, 2022 1% 25,000 25,000 $ 154,500 $ 154,500

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Schedule of short term debt	Schedule of short term debt Name Relationship to the Company Amount Interest Rate Start Date Maturity Shor-term debt Wei De Gang CEO & Legal person of JXZD $ 2,588,782 15 % May 31, 2011 May 31, 2014 Zhao Yan Ling Former office manager of JXZD, wife of Zhou Zhi Bin 15,288 15 % January 1, 2011 December 31, 2013 Zhou Zhi Bin Former CEO & Legal person of JXZD 7,280 15 % January 1, 2011 December 31, 2013 Tang Yong Hong Manager of JXZD 313,829 15 % February 28, February 28, 2016 Yan Chun Yan Accountant of JXZD 8,345 15 % August 31, 2014 August 31, 2015 Victor Sun Shareholder of ZDRI 50,282 January 1, 2011 On Demand Victor Sun Shareholder of ZDRI 12,000 15 % April 25, 2022 May 2, 2023 Victor Sun Shareholder of ZDRI 13,000 15 % May 2, 2022 May 2, 2023 Victor Sun Shareholder of ZDRI 12,000 15 % July 12, 2022 July 12, 2023 Victor Sun Shareholder of ZDRI 12,500 15 % December 6, 2022 December 5, 2023 Victor Sun Shareholder of ZDRI 13,500 15 % January 11, 2023 January 11, 2024 Current portion of long-term debt Zhou Qiang Office manager of JXZD 291,200 15 % December 18, 2012 December 18, 2015 Total $ 3,338,006 At December 31, 2022: Name Relationship to the Company Amount Interest Rate Start Date Maturity Shor-term debt Wei De Gang CEO & Legal person of JXZD $ 2,578,114 15 % May 31, 2011 May 31, 2014 Zhao Yan Ling Former office manager of JXZD, wife of Zhou Zhi Bin 15,225 15 % January 1, 2011 December 31, 2013 Zhou Zhi Bin Former CEO & Legal person of JXZD 7,250 15 % January 1, 2011 December 31, 2013 Tang Yong Hong Manager of JXZD 312,536 15 % February 28, February 28, 2016 Yan Chun Yan Accountant of JXZD 8,302 15 % August 31, 2014 August 31, 2015 Victor Sun Shareholder of ZDRI 50,282 January 1, 2011 On Demand Victor Sun Shareholder of ZDRI 12,000 15 % April 25, 2022 May 2, 2023 Victor Sun Shareholder of ZDRI 13,000 15 % May 2, 2022 May 2, 2023 Victor Sun Shareholder of ZDRI 12,000 15 % July 12, 2022 July 12, 2023 Victor Sun Shareholder of ZDRI 12,500 15 % December 6, 2022 December 5, 2023 Current portion of long-term debt Zhou Qiang Office manager of JXZD 290,000 15 % December 18, 2012 December 18, 2015 Total $ 3,311,209

Description of Business (Detail

Description of Business (Details Narrative)	Mar. 31, 2023
Zhen Ding Jv [Member]
Ownership percentage	70%
Zhen Ding Corporation [Member]
Ownership percentage	100%
Other Partners [Member]
Ownership percentage	30%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Foreign currency translation gains (loss)	$ 47,780	$ 52,260
Cash equivalents	$ 0

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ 21,449,702	$ 21,345,909
Working capital deficit	$ 10,503,627

Short-Term Debt (Details)

Short-Term Debt (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Extinguishment of Debt [Line Items]
Short-Term Debt	$ 154,500	$ 154,500
Short Term Debt One [Member]
Extinguishment of Debt [Line Items]
Issuance date	Oct. 02, 2019
Maturity	Oct. 01, 2020
Short-term debt, weighted average interest rate, at point in time	1%
Short-Term Debt	$ 10,000	10,000
Short Term Debt Two [Member]
Extinguishment of Debt [Line Items]
Issuance date	Jan. 15, 2020
Maturity	Jan. 15, 2021
Short-term debt, weighted average interest rate, at point in time	1%
Short-Term Debt	$ 22,000	22,000
Short Term Debt Three [Member]
Extinguishment of Debt [Line Items]
Issuance date	Apr. 16, 2020
Maturity	Apr. 15, 2021
Short-term debt, weighted average interest rate, at point in time	1%
Short-Term Debt	$ 13,500	13,500
Short Term Debt Four [Member]
Extinguishment of Debt [Line Items]
Issuance date	Jul. 02, 2020
Maturity	Jul. 01, 2021
Short-term debt, weighted average interest rate, at point in time	1%
Short-Term Debt	$ 18,500	18,500
Short Term Debt Five [Member]
Extinguishment of Debt [Line Items]
Issuance date	Oct. 23, 2020
Maturity	Oct. 22, 2021
Short-term debt, weighted average interest rate, at point in time	1%
Short-Term Debt	$ 6,500	6,500
Short Term Debt Six [Member]
Extinguishment of Debt [Line Items]
Issuance date	Jan. 05, 2021
Maturity	Jan. 15, 2022
Short-term debt, weighted average interest rate, at point in time	1%
Short-Term Debt	$ 22,500	22,500
Short Term Debt Seven [Member]
Extinguishment of Debt [Line Items]
Issuance date	Mar. 10, 2021
Maturity	Mar. 10, 2022
Short-term debt, weighted average interest rate, at point in time	1%
Short-Term Debt	$ 20,000	20,000
Short Term Debt Eight [Member]
Extinguishment of Debt [Line Items]
Issuance date	Jul. 13, 2021
Maturity	Jul. 13, 2022
Short-term debt, weighted average interest rate, at point in time	1%
Short-Term Debt	$ 16,500	16,500
Short Term Debt Nine [Member]
Extinguishment of Debt [Line Items]
Issuance date	Dec. 14, 2021
Maturity	Dec. 14, 2022
Short-term debt, weighted average interest rate, at point in time	1%
Short-Term Debt	$ 25,000	$ 25,000

Short-Term Debt (Details Narrat

Short-Term Debt (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Debt Disclosure [Abstract]
Interest expense and accrued interest	$ 4,635	$ 4,635

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Short-term debt-related parties	$ 3,338,006	$ 3,311,209
Wei De Gang [Member]
Related Party Transaction [Line Items]
Relationship to the Company	CEO & Legal person of JXZD	CEO & Legal person of JXZD
Short-term debt-related parties	$ 2,588,782	$ 2,578,114
Interest Rate	15%	15%
Start Date	May 31, 2011	May 31, 2011
Maturity Date	May 31, 2014	May 31, 2014
Zhao Yan Ling [Member]
Related Party Transaction [Line Items]
Relationship to the Company	Former office manager of JXZD, wife of Zhou Zhi Bin	Former office manager of JXZD, wife of Zhou Zhi Bin
Short-term debt-related parties	$ 15,288	$ 15,225
Interest Rate	15%	15%
Start Date	Jan. 01, 2011	Jan. 01, 2011
Maturity Date	Dec. 31, 2013	Dec. 31, 2013
Zhou Zhi Bin [Member]
Related Party Transaction [Line Items]
Relationship to the Company	Former CEO & Legal person of JXZD	Former CEO & Legal person of JXZD
Short-term debt-related parties	$ 7,280	$ 7,250
Interest Rate	15%	15%
Start Date	Jan. 01, 2011	Jan. 01, 2011
Maturity Date	Dec. 31, 2013	Dec. 31, 2013
Tang Yong Hong [Member]
Related Party Transaction [Line Items]
Relationship to the Company	Manager of JXZD	Manager of JXZD
Short-term debt-related parties	$ 313,829	$ 312,536
Interest Rate	15%	15%
Start Date	Feb. 28, 2015	Feb. 28, 2015
Maturity Date	Feb. 28, 2016	Feb. 28, 2016
Yan Chun Yan [Member]
Related Party Transaction [Line Items]
Relationship to the Company	Accountant of JXZD	Accountant of JXZD
Short-term debt-related parties	$ 8,345	$ 8,302
Interest Rate	15%	15%
Start Date	Aug. 31, 2014	Aug. 31, 2014
Maturity Date	Aug. 31, 2015	Aug. 31, 2015
Victor Sun [Member]
Related Party Transaction [Line Items]
Relationship to the Company	Shareholder of ZDRI	Shareholder of ZDRI
Short-term debt-related parties	$ 50,282	$ 50,282
Start Date	Jan. 01, 2011	Jan. 01, 2011
Victor Sun One [Member]
Related Party Transaction [Line Items]
Relationship to the Company	Shareholder of ZDRI	Shareholder of ZDRI
Short-term debt-related parties	$ 12,000	$ 12,000
Interest Rate	15%	15%
Start Date	Apr. 25, 2022	Apr. 25, 2022
Maturity Date	May 02, 2023	May 02, 2023
Victor Sun Two [Member]
Related Party Transaction [Line Items]
Relationship to the Company	Shareholder of ZDRI	Shareholder of ZDRI
Short-term debt-related parties	$ 13,000	$ 13,000
Interest Rate	15%	15%
Start Date	May 02, 2022	May 02, 2022
Maturity Date	May 02, 2023	May 02, 2023
Victor Sun Three [Member]
Related Party Transaction [Line Items]
Relationship to the Company	Shareholder of ZDRI	Shareholder of ZDRI
Short-term debt-related parties	$ 12,000	$ 12,000
Interest Rate	15%	15%
Start Date	Jul. 12, 2022	Jul. 12, 2022
Maturity Date	Jul. 12, 2023	Jul. 12, 2023
Victor Sun 4 [Member]
Related Party Transaction [Line Items]
Relationship to the Company	Shareholder of ZDRI	Shareholder of ZDRI
Short-term debt-related parties	$ 12,500	$ 12,500
Interest Rate	15%	15%
Start Date	Dec. 06, 2022	Dec. 06, 2022
Maturity Date	Dec. 05, 2023	Dec. 05, 2023
Victor Sun 5 [Member]
Related Party Transaction [Line Items]
Relationship to the Company	Shareholder of ZDRI
Short-term debt-related parties	$ 13,500
Interest Rate	15%
Start Date	Jan. 11, 2023
Maturity Date	Jan. 11, 2024
Zhou Qiang [Member]
Related Party Transaction [Line Items]
Relationship to the Company	Office manager of JXZD	Office manager of JXZD
Short-term debt-related parties	$ 291,200	$ 290,000
Interest Rate	15%	15%
Start Date	Dec. 18, 2012	Dec. 18, 2012
Maturity Date	Dec. 18, 2015	Dec. 18, 2015

Related Party Transactions (D_2

Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Related Party Transactions [Abstract]
Due to related parties	$ 779,507		$ 776,295
Short-term debts	3,338,006		3,311,209
Accrued liabilities, current	5,700,503		$ 5,555,132
Interest Expense	$ 153,682	$ 135,444

Accounts Payable and Accrued _2

Accounts Payable and Accrued Liabilities (Details Narrative) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Accounts Payable And Accrued Liabilities
Accounts payable	$ 189,003	$ 184,684
Accrued liabilities	$ 220,842	$ 216,072

Deferred Revenues (Details Narr

Deferred Revenues (Details Narrative) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Revenue Recognition and Deferred Revenue [Abstract]
Deferred Revenue	$ 132,006	$ 131,462