| Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
| Dec. 31, 2018 |
| Accounting Policies [Abstract] | |
| Basis of Presentation | Basis of presentation These accompanying consolidated financial statements
have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). Certain reclassifications have been made to
the prior period’s consolidated financial statements to conform to the current period’s presentation. |
| Principles of Consolidation | Principles of consolidation The consolidated financial statements include
the accounts of the Company and its subsidiaries. All significant inter-company accounts and transactions have been eliminated.
The consolidated financial statements include 100% of assets, liabilities, and net income or loss of those wholly-owned subsidiaries. The Company’s subsidiaries are listed
as follows:
Place of
Attributable equity interest % as of December 31, Authorized
Name of Company incorporation 2018 2017 capital
Image P2P Trading Group Limited (“BVI”) British Virgin Islands 100 100 USD 50,000
Asia Grand Will Limited (“AGWL”) Hong Kong Nil 100 HKD 1
Fuzhi Yuan (Shenzhen) Holdings Limited (“FZHL”) PRC Nil 100 RMB 500,000
Jiangxi Fu Zhi Yuan Biotechnology Co., Limited (“FZY”) PRC Nil 100 RMB 50,000,000 |
| Use of Estimates | Use of estimates In preparing these consolidated financial
statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance
sheet and revenues and expenses during the periods reported. Actual results may differ from these estimates. |
| Cash and Cash Equivalents | Cash and cash equivalents Cash and cash equivalents are carried at cost
and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments
with an original maturity of three months or less as of the purchase date of such investments. The Company had $0 in cash and
cash equivalents as of December 31, 2018 and 2017. |
| Accounts Receivable | Accounts receivable Substantially all of the Company’s accounts
receivable balance is related to trade receivables. Trade accounts receivable are recorded at the invoiced amount and do not bear
interest. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in
its existing accounts receivable. The Company maintains allowances for doubtful accounts for estimated losses resulting from the
inability of its customers to make required payments for services. Accounts with known financial issues are first reviewed and
specific estimates are recorded. The remaining accounts receivable balances are then grouped in categories by the number of days
the balance is past due, and the estimated loss is calculated as a percentage of the total category based upon past history. Account
balances are charged against the allowance when it is probable that the receivable will not be recovered. As of December 31, 2018
and 2017, the Company had valuation allowance for doubtful accounts of $71,141 and $75,181, respectively, for the Company’s
accounts receivable in discontinued operations. During the years ended December 31, 2018 and 2017, the Company recorded $0 and
$72,409 bad debt expense, respectively, for the Company’s discontinued operations |
| Inventories | Inventories Inventories consisting of finished goods and
raw materials are stated at the lower of cost or market value. Finished goods are comprised of direct materials, direct labor,
inbound shipping costs, and an appropriate proportion of overhead. The Company using first in first out (“FIFO”) method
of accounting for inventory. The Company recorded inventory impairment expenses in the amounts of $0 and $72,409 for the years
ended December 31, 2018 and 2017, for the Company’s discontinued operations. |
| Advances and Prepayments to Suppliers | Advances and prepayments to suppliers The Company makes advance payment to suppliers
and vendors for the procurement of raw materials. Upon physical receipt and inspection of the raw materials from suppliers the
applicable amount is reclassified from advances and prepayments to suppliers to inventory. |
| Property, Plant and Equipment | Property, plant and equipment Plant and equipment are carried at cost less
accumulated depreciation. Depreciation is provided over their estimated useful lives, using the straight-line method. Estimated
useful lives of the plant and equipment are as follows:
Buildings 20 years
Equipment 3 - 10 years
Motor vehicles 4 - 5 years
Furniture and fixtures 5 - 10 years The cost of maintenance and repairs is charged
to expenses as incurred, whereas significant renewals and betterments are capitalized. |
| Construction in Progress and Prepayments for Equipment | Construction in progress and prepayments
for equipment Construction in progress represents direct
and indirect construction or acquisition costs for buildings. Prepayments for equipment represents advances and down-payments
for equipment that is either yet to be delivered or has been delivered but requires installation and testing in order to be put
in to use. Amounts recorded as construction in progress and prepayments for equipment are transferred to plant and equipment when
substantially all the activities necessary to prepare the assets for their intended use are completed. The Company’s begins
depreciating those assets when they have transferred to plant and equipment and put into use. |
| Land Use Rights | Land use rights Land use rights are carried at cost and amortized
on a straight-line basis over a specified period. Amortization is provided using the straight-line method over the life of 50
years. |
| Accounting for the Impairment of Long-lived Assets | Accounting for the impairment of long-lived
assets The Company annually reviews its long-lived
assets for impairment or whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable.
Impairment may be the result of becoming obsolete from a change in the industry or new technologies. Impairment is present if carrying
amount of an asset is less than its undiscounted cash flows to be generated. If an asset is considered impaired, a loss
is recognized based on the amount by which the carrying amount exceeds the fair market value of the asset. Assets to be disposed
of are reported at the lower of the carrying amount or fair value less costs to sell. |
| Revenue Recognition | Revenue recognition Revenues are recognized when control of the
promised goods are transferred to a customer, in an amount that reflects the consideration that the Company expects to receive
in exchange for those goods. The Company applies the following five steps in order to determine the appropriate amount of revenue
to be recognized as it fulfills its obligations under each of its agreements:
● the contract with a customer;
● identify the performance obligations in the contract;
● determine the transaction price;
● allocate the transaction price to performance obligations in the contract; and
● recognize revenue as the performance obligation is satisfied. The Company’s revenue is recognized
at the date of shipment to customers when a formal arrangement exists, the delivery is completed, and no other significant obligations
of the Company exist and collectability is reasonably assured. Payments received before all of the relevant criteria for revenue
recognition are satisfied are recorded as customer deposits. The Company’s revenue consists of invoiced value of goods,
net of a value-added tax (VAT). |
| Advertising | Advertising All advertising costs are expensed as incurred. |
| Shipping and Handling | Shipping and handling Outbound shipping and handling are expensed
as incurred. |
| Research and Development | Research and development All research and development costs are expensed
as incurred. |
| Retirement Benefits | Retirement benefits Retirement benefits in the form of mandatory
government sponsored defined contribution plans are charged to the either expenses as incurred or allocated to inventory as part
of overhead. |
| Income Taxes | Income taxes Income taxes are determined in accordance with
the provisions of ASC 740, “Income Taxes” (“ ASC 740 ASC 740 prescribes a comprehensive model for
how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected
to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more
likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently
be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement
with the tax authority assuming full knowledge of the position and relevant facts. For the years ended December 31, 2018 and 2017,
the Company did not have any interest and penalties associated with tax positions. As of December 31, 2018, the Company did not
have any significant unrecognized uncertain tax positions. The Company conducts major businesses in the
PRC and is subject to tax in this jurisdiction. As a result of its business activities, the Company will file tax returns that
are subject to examination by the foreign tax authority. |
| Foreign Currency Translation | Foreign currency translation Transactions denominated in currencies other
than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction.
Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional
currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the
statement of operations. The accompanying financial statements are presented
in United States dollars (“USD”). The functional currency of the Company and BVI is the USD. The functional currency
of AGWL is the Hong Kong dollar (“HKD”). The functional currency of FZHL and FZY is the Renminbi (“RMB”). In general, for consolidation purposes, assets
and liabilities of its subsidiaries whose functional currency is not the USD are translated into USD, in accordance with ASC 830,
“Translation of Financial Statements”, using the exchange rate on the balance sheet date. Revenues and expenses are
translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements
of foreign subsidiaries are recorded as a separate component of accumulated other comprehensive income (loss) within the statement
of stockholders’ equity.
Exchange Rates 12/31/2018 12/31/2017
Year end RMB : US$ exchange rate 6.8795 6.5097
Average year RMB : US$ exchange rate 6.6036 6.7590
Year end HKD : US$ exchange rate 7.7519 7.7519
Average year HKD : US$ exchange rate 7.7519 7.7519 The RMB is not freely convertible into foreign
currency and all foreign exchange transactions must take place through authorized institutions. No representation is made that
the RMB amounts could have been, or could be, converted into US Dollars at the rates used in translation. |
| Treasury Stock | Treasury Stock The Company records treasury stock at cost. |
| Earnings Per Share | Earnings per share The Company computes earnings per share (“EPS”)
in accordance with ASC Topic 260, “Earnings per share”. Basic EPS is measured as the income or loss available to common
shareholders divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but
presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options, and warrants)
as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that
have an anti-dilutive effect (i.e. those that increase income per share or decrease loss per share) are excluded from the calculation
of diluted EPS. As of for the years ended December 31, 2018 and 2017, the Company did not have any potentially dilutive securities
outstanding. |
| Financial Instruments | Financial instruments The carrying value of the Company’s financial
instruments (excluding short-term bank borrowing and note payable): cash and cash equivalents, accounts receivable, accounts payable,
amount due to a related party, other payables and accrued liabilities approximate at their fair values because of the short-term
nature of these financial instruments. The Company also follows the guidance of the
ASC Topic 820-10, “Fair Value Measurements and Disclosures” (“ASC 820-10”), with respect to financial assets
and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the
inputs used in measuring fair value as follows:
● Level 1 : Inputs are based upon unadjusted quoted prices for identical instruments traded in active markets;
● Level 2 : Inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. Black-Scholes Option-Pricing model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Where applicable, these models project future cash flows and discount the future amounts to a present value using market-based observable inputs; and
● Level 3 : Inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models. Fair value estimates are made at a specific
point in time based on relevant market information about the financial instrument. These estimates are subjective in nature and
involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions
could significantly affect the estimates. |
| Commitments and Contingencies | Commitments and contingencies The Company follows subtopic 450-20 of the
FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the
financial statements are issued, which may result in a loss to the Company, but which will only be resolved when one or more future
events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise
of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or un-asserted claims
that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or un-asserted claims
as well as the perceived merits of the amount of relief sought or expected to be sought therein. If the assessment of a contingency
indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the
estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially
material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of
the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally
not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based
upon information available at this time, that these matters will have a material adverse effect on the Company’s consolidated
financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially
and adversely affect the Company’s business, financial position, and results of operations or cash flows. |
| Comprehensive Income | Comprehensive income Comprehensive income is defined to include
all changes in equity except those resulting from investments by owners and distributions to owners. Among other disclosures,
all items that are required to be recognized under current accounting standards as components of comprehensive income are required
to be reported in a financial statement that is presented with the same prominence as other financial statements. The Company’s
current component of other comprehensive income includes the foreign currency translation adjustment and unrealized gain or loss. |
| Recently Adopted Accounting Standards | Recently Adopted Accounting Standards
In August 2016, the FASB issued ASU 2016-15,
“Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments.” The standard provides
guidance on how certain cash receipts and payments are presented and classified in the statement of cash flows. For public entities,
ASU 2016-15 is effective for fiscal years beginning after December 15, 2017, and interim periods within those annual periods, and
requires a retrospective approach. The Company adopted this standard effective January 1, 2018 and the adoption did not have a
material effect on the Company’s consolidated financial statements. In November 2016, the FASB issued ASU 2016-18,
“Statement of Cash Flows (Topic 230): Restricted Cash.” The standard requires that a statement of cash flows explains
the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted
cash equivalents (collectively, “restricted cash”). Therefore, restricted cash should be included with cash and cash
equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The
new guidance is effective for interim and annual periods beginning after December 15, 2017. The Company adopted this standard
retrospectively effective January 1, 2018 and the adoption did not have a material effect on the Company’s consolidated
financial statements. |
| Recent Accounting Pronouncements | Recent accounting pronouncements In February 2016, the FASB issued Accounting
Standards Update (“ASU”) 2016-02, Leases (“ASC 842”). The guidance requires lessees to recognize almost
all leases on their balance sheet as a right-of-use asset and a lease liability. For income statement purposes, the FASB retained
a dual model, requiring leases to be classified as either operating or finance. Lessor accounting is similar to the current model,
but updated to align with certain changes to the lessee model and the new revenue recognition standard. Existing sale-leaseback
guidance, including guidance for real estate, is replaced with a new model applicable to both lessees and lessors. ASC 842 is effective
for fiscal years beginning after December 15, 2018. The Company is evaluating the adoption of ASC 842, but has not determined the
effects it may have on the Company’s consolidated financial statements. Management has considered all recent accounting
pronouncements issued. The Company’s management believes that these recent pronouncements will not have a material effect
on the Company’s financial statements. |
