CAT9 (CATN) 10-K 29 Mar 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Mar. 28, 2018	Jun. 30, 2017
Document And Entity Information
Entity Registrant Name	CAT9 Group Inc.
Entity Central Index Key	1,632,275
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		101,000,000
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	$ 168,539	$ 78,233
Accounts receivable	13,910
Other receivables, related party	20,224	2,737
Advances to suppliers	63,698	181,002
Other current assets	16,928
Inventory	2,606
Total current assets	285,905	261,972
Property & equipment	52,178	849
Total assets	338,083	262,821
Current liabilities:
Accruals	57,594
Customer deposits	50,310	27,235
Loan payables	76,844
Other payables, related party	150,927	58,068
Total current liabilities	335,675	85,303
Total liabilities	335,675	85,303
Shareholders' Equity
Preferred stock $0.0001 par value, 5,000,000 shares authorized; none issued and outstanding
Common stock $0.0001 par value, 500,000,000 shares authorized; 101,000,000 and 20,000,000 shares issued and outstanding, respectively	10,100	2,000
Additional paid-in capital	404,378	381,918
Accumulated other comprehensive income	(9,705)	3,028
Accumulated deficit	(402,365)	(209,428)
Total Stockholders’ Equity (Deficit)	2,408	177,518
Total liabilities and stockholders’ equity	$ 338,083	$ 262,821

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Preferred stock, par value per share	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value per share	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	101,000,000	20,000,000
Common stock, shares outstanding	101,000,000	20,000,000

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Income Statement [Abstract]
Revenue	$ 333,390	$ 57,690
Cost of revenue	146,468	19,750
Gross Margin	186,922	37,940
Operating Expenses:
Impairment loss (recovery)	(185,525)	181,003
Professional Fees	39,242	7,150
Consulting	53,540	25,830
General and administrative	475,110	25,438
Total operating expenses	382,367	239,421
Loss from operations	(195,445)	(201,481)
Other income:
Interest income	2,508
Total other income	2,508
Loss before income taxes	(192,937)	(201,481)
Provision for income taxes
Net loss	(192,937)	(201,481)
Other comprehensive income (loss):
Foreign currency translation adjustment	(12,733)	2,575
Comprehensive loss	$ (205,670)	$ (198,906)
Basic and diluted net loss per common share	$ 0	$ (0.02)
Basic and diluted weighted average common shares	72,260,274	10,000,000

Consolidated Statements Of Stoc

Consolidated Statements Of Stockholders’ Equity - USD ($)	Common Stock [Member]	Paid In Capital [Member]	Accumulated Deficit [Member]	Other comprehensive income [Member]	Total
Balance, shares at Dec. 31, 2015	10,000,000				10,000,000
Balance, amount at Dec. 31, 2015	$ 1,000	$ 425,158	$ (7,947)	$ 453	$ 418,664
Contributed capital
Merger acquisition, shares	10,000,000
Merger acquisition, value	$ 1,000	(43,240)			(42,240)
Foreign currency translation adjustment				2,575	2,575
Net loss for the year			(201,481)		$ (201,481)
Balance, shares at Dec. 31, 2016	20,000,000				20,000,000
Balance, amount at Dec. 31, 2016	$ 2,000	381,918	(209,428)	3,028	$ 177,518
Contributed capital		22,460			22,460
Common stock issued for cash, shares	81,000,000
Common stock issued for cash, value	$ 8,100				8,100
Foreign currency translation adjustment				(12,733)	(12,733)
Net loss for the year			(192,937)		$ (192,937)
Balance, shares at Dec. 31, 2017	101,000,000				101,000,000
Balance, amount at Dec. 31, 2017	$ 10,100	$ 404,378	$ (402,365)	$ (9,705)	$ 2,408

Consolidated Statement Of Cash

Consolidated Statement Of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net Loss	$ (192,937)	$ (201,481)
Adjustments to reconcile net loss to net cash provided in operating activities:
Foreign currency translation adjustment	12,733	(2,575)
Acquisition related loss		42,225
Loss on impairment		181,003
Depreciation expense	2,840
Changes in operating assets and liabilities:
Accounts Receivable	13,910	(23,825)
Other assets	(100,376)	(55,041)
Other assets, related party	17,487	2,737
Inventory	2,606	(2,773)
Accounts payable and accrued liabilities	80,669	11,798
Net cash provided by (used in) operating activities	(55,788)	30,572
Cash flows from investing activities:
Purchase of equipment	54,169	849
Net cash used in investing activities	(54,169)	(849)
Cash flows from financing activities:
Contributed capital	22,460
Funds received on stock subscription	8,100
Proceeds from loan payable	76,844
Loans from related parties	96,765	48,523
Repayment of related party loans	3,906	15
Net cash provided by financing activities	200,263	48,508
Net change in cash	90,306	78,231
Cash, beginning of year	78,233	2
Cash, end of year	168,539	78,233
SUPPLEMENTAL DISCLOSURES:
Cash paid for interest
Cash paid for taxes

Description Of Business And His

Description Of Business And History	12 Months Ended
	Dec. 31, 2017
Description Of Business And History
Description of Business and History	NOTE 1 - DESCRIPTION OF BUSINESS AND HISTORY Description of business CAT9 Group Inc., (the “Company”) formerly known as ANDES 4 Inc. ("ANDES 4"), was incorporated under the laws of the State of Delaware on January 26, 2015. On December 27, 2016, the Company and its wholly-owned subsidiary, CAT9 Holdings Ltd, a company organized under the laws of the Cayman Islands, ("CAT9 Cayman"); CAT9 Cayman's wholly-owned subsidiary, CAT9 Investment China Limited, a company organized under the laws of Hong Kong ("CAT9 HK"); and its wholly-owned subsidiary, Chongqing CAT9 Industry Company Ltd, a company organized under the laws of the People's Republic of China closed a share exchange transaction pursuant to which CAT9 became the 100% parent of CAT9 Cayman, assumed the operations of CAT9 Cayman and its subsidiaries, including CAT9 Investment China, and Chongqing CAT9 Industry Company Ltd. CAT9 Cayman is a holding company incorporated in August 20, 2015, under the laws of the Cayman Islands. CAT9 Investment China Limited was incorporated in September 10, 2015, under the laws of Hong Kong. CAT9 Investment China is a window for the group to handle the business operations outside of China. Chongqing CAT9 Industry Company Ltd. is located in Chongqing, PRC and was incorporated under the laws of the PRC on June 26, 2014. Chongqing Field Industrial Company Ltd. operates through strategic alliance and distribution rights agreements in the PRC, the Company is engaged in the marketing and sales of (1) fresh fruits, vegetables meats (including primarily organic and non-organic from both domestically grown and imported (2) Acquisition of land for the planting of Acer Truncatum trees and harvesting of Acer Truncatum seeds to produce edible oil, (3) providing Hi-Tech cooperative farm management services in the PRC and overseas and (4) farm machinery sales. Prior to the events above, the Company on July 31, 2015, the sole officer and director of the Company entered into a Share Purchase Agreement (the “SPA”) pursuant to which he entered into an agreement to sell an aggregate of 10,000,000 shares of his shares of the Company’s common stock to Chongqing Field Industrial Company Ltd. at an aggregate purchase price of $40,000. These shares represent 100% of the Company’s issued and outstanding common stock. Effective upon the closing date of the Share Purchase Agreement, August 12, 2015, the sole officer and director of the Company executed the agreement and owned no shares of the Company’s stock and Chongqing Field Industrial Company Ltd. was the sole stockholder of the Company. On May 2, 2016, the Company entered into Employee Agreements with Wenfa "Simon" Sun, its President, Chief Executive Officer, and Chairman of the Board of Directors, and MeiHong "Sanya" Qian, its Chief Financial Officer and Secretary. Pursuant to the Employment Agreement, the Company issued 6,000,000 shares of restricted common stock to Wenfa "Simon" Sun, and 4,000,000 shares of restricted common stock to MeiHong "Sanya" Qian. On May 3, 2016, the sole shareholder of the Company, Chongqing Field Industrial Ltd., ("CQFI") consented to a redemption of its 10,000,000 shares of common stock at a price of $0.0001 per share for an aggregate redemption price of $1,000. As a result of this action by CQFI, management of the Company now control 100% of the issued and outstanding shares. With the redemption and subsequent issuance of the 10,000,000 shares of restricted common stock, the Company effected a change in its control and the new majority shareholders are the current members of management of the Company.

Summary Of Significant Policies

Summary Of Significant Policies	12 Months Ended
	Dec. 31, 2017
Summary Of Significant Policies
Summary of Significant Accounting Policies	NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. The Company's functional currency for Chongqing CAT9is the Chinese Renminbi (“RMB”); however, the accompanying financial statements have been translated and presented in the United States Dollars (“USD”). Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, CAT9 Cayman, and its subsidiaries, including CAT9 Investment China, and Chongqing Field Industrial Company Ltd. All financial information has been prepared in conformity with accounting principles generally accepted in the United States of America. All significant intercompany transactions and balances have been eliminated. Translation Adjustment For the years ended December 31, 2017 and 2016, the accounts of the Chongqing CAT9 were maintained, and its financial statements were expressed, in RMB. Such financial statements were translated into USD in accordance with the Foreign Currency Matters Topic of the Codification (ASC 830), with the RMB as the functional currency. According to the Codification, all assets and liabilities were translated at the current exchange rate at respective balance sheets dates, members’ capitalare translated at the historical rates and income statement items are translated at the average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income in accordance with the Comprehensive Income Topic of the Codification (ASC 220), as a component of members’ capital. Transaction gains and losses are reflected in the income statement. Comprehensive Income The Company uses SFAS 130 “Reporting Comprehensive Income” (ASC Topic 220). Comprehensive income is comprised of net income and all changes to the statements of members’ capital, except those due to investments by members, changes in paid-in capital and distributions to members. Comprehensive income for the years ended December 31, 2017 and 2016 is included net income and foreign currency translation adjustments. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results could differ from those estimates. Cash and Cash Equivalents Cash and cash equivalents include cash in hand and cash in time deposits, certificates of deposit and all highly liquid instruments with original maturities of three months or less. Revenue recognition The Company follows paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. Accounts receivable Accounts receivable are recorded net of allowance for doubtful accounts. The Company provides an allowance for doubtful accounts equal to the estimated uncollectible amounts. Periodically, management assesses customer credit history and relationships as well as performs accounts receivable aging analysis. Accounts are considered past due after three months. As of December 31, 2017, and 2016, no allowance was deemed necessary since sales were comparatively recent. Inventories Inventories are valued at the lower of cost or market. Management compares the cost of inventories with the market value and allowance is made for writing down their inventories to market value, if lower. Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally observable inputs and not corroborated by market data. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at December 31, 2017. The Company does not have any assets or liabilities measured at fair value on a recurring or a non-recurring basis as of December 31, 2017 and 2016. Income taxes The Company follows Section 740-10-30 of the FASB Accounting Standards Codification, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income in the period that includes the enactment date. The Company adopted section 740-10-25 of the FASB Accounting Standards Codification (“Section 740-10-25”) with regards to uncertainty income taxes. Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25. Recently issued accounting pronouncements In January 2017, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update (“ASU”) 2017-01, Business Combinations (Topic 805) Clarifying the Definition of a Business In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory In August 2016, the FASB issued ASU 2016-15 , Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments In March 2016, the FASB issued ASU 2016-09, Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In January 2017, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update (“ASU”) 2017-01, Business Combinations (Topic 805) Clarifying the Definition of a Business In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory In August 2016, the FASB issued ASU 2016-15 , Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments In March 2016, the FASB issued ASU 2016-09, Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Advances To Suppliers

Advances To Suppliers	12 Months Ended
	Dec. 31, 2017
Advances To Suppliers
Advances to Suppliers	NOTE 3– ADVANCES TO SUPPLIERS As of the year ended December 31, 2015, the Company entered into contracts with two suppliers to acquire machinery deliverable on December 31, 2016. The company advanced the suppliers $417,046 to secure these purchases which represented approximately fifty percent of the contract amounts. During 2016 one of the suppliers refunded the Company part of the deposit, leaving a balance of $362,005, of which $181,003 is not going to be refunded to the Company and has been debited to impairment loss. In Q2 2017 the $181,000 was returned to the Company.

Loan Payable

Loan Payable	12 Months Ended
	Dec. 31, 2017
Loan Payable
Loan Payable	NOTE 4– LOAN PAYABLE On November 15, 2017 the Company entered into a promissory note with a third party for $70,065. The loan is unsecured, accrues interest at 5.65% and is due on June 15, 2018.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2017
Related Party Transactions
Related Party Transactions	NOTE 5- RELATED PARTY TRANSACTIONS During the normal course of business, affiliated companies, members, and/or officers may advance the Company funds to pay for certain operating expenses. All advances are unsecured, non-interest bearing and due on demand. During the year ended December 31, 2016, a consultant and the CEO for the Company contributed $40,326 in services and cash to pay for professional fees related to the Company’s SEC filing expenses. The amount has been credited to paid in capital. As of December 31, 2017, and December 31, 2016 the Company was indebted to related parties that advanced loans to the Company without any formal repayment terms. As of December 31, 2017, and December 31, 2016 the Company owed the aforementioned related parties $150,927 and $58,068, respectively. On July 13, 2017, Chongqing CAT9 Industrial Co. Ltd, the operating subsidiary of the Company entered into an short term Loan Agreement with Chongqing CAT9 Internet Modern Agriculture. The terms as follows; the Company loaned one million RMB to Chongqing CAT9 Internet Modern Agriculture from July 13, 2017 to July 31, 2017 with an interest rate 4.38% per annum.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2017
Stockholders Equity
Stockholders' Equity	NOTE 6- STOCKHOLDERS’ EQUITY Preferred Stock The Company is authorized to issue 5,000,000 shares of $.0001 par value preferred stock. As of December 31, 2017, and no shares of preferred stock had been issued. Common Stock Pursuant to the Share Exchange Agreement dated December 27, 2016 the company cancelled and retired 9,000,000 shares of issued and outstanding common stock, (the “cancelled shares”), reducing the issued and outstanding shares to 1,000,000 shares. A cash amount of $1 was paid to Wenfa “Simon” Sun and Meihong “Sanya” Qian, the Company’s majority shareholders and owners of the cancelled shares, as consideration for cancelling the shares. The Company issued a total of 19,000,000 shares of common stock pursuant to the Share Exchange and as a result of the cancellation of the cancelled shares and the Share Exchange; there are 20,000,000 shares of common stock issued and outstanding following the Share Exchange. On March 31, 2017, the Company entered into a Subscription Agreement with one subscriber for the issuance of its restricted common stock – Tech Associates, Inc. an entity engaged to provide advisory and consulting services to the Company purchased 1,000,000 shares for total cash proceeds of $100. On April 26, 2017, the Company filed a Certificate of Amendment to the Certificate of Incorporation with the Secretary of State of the State of Delaware to increase the authorized shares from 100,000,000 shares of common stock to 500,000,000 shares of common stock. On May 10, 2017, Wenfa “Simon” Sun, our President, Chief Executive Officer and Chairman purchased 78,000,000 shares of the Issuer’s restricted common stock from the Company in a private transaction at $0.0001. He is currently as of the date of this filing, the beneficial owner of 90,000,000 shares. On May 10, 2017, Meihong “Sanya” Qian, our Chief Financial Officer and Secretary purchased 2,000,000 shares of the Issuer’s restricted common stock from the Company in a private transaction at $0.0001. She is currently as of the date of this filing, the beneficial owner of 10,000,000 shares.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2017
Income Taxes
Income Taxes	NOTE 7– INCOME TAXES The Company operates in more than one jurisdiction with the main operations conducted in PRC and no activities in The United States. These are complex regulatory environments subject to different interpretations by the taxpayer and the respective governmental taxing authorities. The Company evaluates its tax positions and establishes liabilities, if required. Pursuant to the PRC Income Tax Laws, the Enterprise Income Tax (“EIT”), as from January 1, 2008 onwards, the EIT is at a statutory rate of 25%. Net deferred tax assets consist of the following components as of December 31: 12/31/2017 12/31/2016 Unused tax loss brought forward $ (209,438 ) $ (7,957 ) Loss for the year (192,937 ) (201,481 ) Expenses not deductible for tax — — Total net operating loss carry forwards $ (402,375 ) $ (209,438 ) Effective tax rate 21 % 25 % Unrecognized deferred tax asset carried forward $ 84,500 $ 52,360 Less: valuation allowances (84,500 ) (52,360 ) Deferred income tax benefit, net of valuation allowance $ — $ — The Company has not recognized a deferred tax asset in respect of PRC tax loss in these financial statements as it is not more-likely-than-not that the future taxable profit against which loss can be utilized will be available to the entities operating in PRC. Accordingly, a 100% valuation allowance has been made. Uncertain Tax Positions Interest associated with unrecognized tax benefits are classified as income tax and penalties in selling, general and administrative expenses in the statements of operations. For the years ended December 31, 2017 and 2016, the Company had no related interest and penalties expenses. Currently, the Company is not subject to examination by major tax jurisdictions, but the tax authority in PRC has the right to examine the Company’s tax position in all past years. Statutory Reserve In accordance with the laws and regulations of the PRC, a wholly-owned Foreign Invested Enterprise’s income, after the payment of the PRC income taxes, shall be allocated to the statutory reserves. The allocation is 10 percent of the net income and the cumulative allocations are not to exceed 50 percent of the registered capital. However, the laws do not prohibit enterprises allocate net income to this reserve after the limit of 50 per cent of registered capital has been reached. These reserves are not transferable to the Company in the form of cash dividends, loans or advances. These reserves are therefore not available for distribution except in liquidation. As of December 31, 2017 and 2016, the Company has not allocated to these non-distributable reserve funds due to loss sustained in the years ended December 31, 2017 and 2017.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	12 Months Ended
	Dec. 31, 2017
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income	NOTE 8– ACCUMULATED OTHER COMPREHENSIVE INCOME Balance of related after-tax components comprising accumulated other comprehensive income included members’ capital were as follows at December 31: 2017 2016 Accumulated other comprehensive income, beginning of period $ 3,028 $ 453 Change in cumulative translation adjustment (12,735 ) 2,575 Accumulated other comprehensive income, end of period $ (9,705 ) $ 3,028

Commitments

Commitments	12 Months Ended
	Dec. 31, 2017
Commitments
Commitments	NOTE 9 – COMMITMENTS On April 14, 2015, the Company issued a purchase order to Chongqing Fangbaiyuan Trading Co., Ltd. Per the terms of the purchase order half was paid in advance with the balance due upon delivery, scheduled for December 31, 2016. As of December 31, 2015, $227,547 is due upon delivery. On April 21, 2015, the Company issued a purchase order to Chongqing Qinuo Trading Co., Ltd. Per the terms of the purchase order half was paid in advance with the balance due upon delivery, scheduled for December 31, 2016. As of December 31, 2015, $158,685 is due upon delivery. Due to new circumstances the parties have now agreed to cancel these orders. The suppliers will either provide a credit on a future purchase or refund the deposit if they are able to sell the machinery to another third party.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2017
Subsequent Events
Subsequent Events	NOTE 10– SUBSEQUENT EVENTS In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the financial statements were issued and has determined that it does not have any material subsequent events to disclose in these financial statements.

Summary Of Significant Polici17

Summary Of Significant Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Summary Of Significant Policies Policies
Basis of Presentation	Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. The Company's functional currency for Chongqing CAT9is the Chinese Renminbi (“RMB”); however, the accompanying financial statements have been translated and presented in the United States Dollars (“USD”).
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, CAT9 Cayman, and its subsidiaries, including CAT9 Investment China, and Chongqing Field Industrial Company Ltd. All financial information has been prepared in conformity with accounting principles generally accepted in the United States of America. All significant intercompany transactions and balances have been eliminated.
Translation Adjustment	Translation Adjustment For the years ended December 31, 2017 and 2016, the accounts of the Chongqing CAT9 were maintained, and its financial statements were expressed, in RMB. Such financial statements were translated into USD in accordance with the Foreign Currency Matters Topic of the Codification (ASC 830), with the RMB as the functional currency. According to the Codification, all assets and liabilities were translated at the current exchange rate at respective balance sheets dates, members’ capitalare translated at the historical rates and income statement items are translated at the average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income in accordance with the Comprehensive Income Topic of the Codification (ASC 220), as a component of members’ capital. Transaction gains and losses are reflected in the income statement.
Comprehensive Income	Comprehensive Income The Company uses SFAS 130 “Reporting Comprehensive Income” (ASC Topic 220). Comprehensive income is comprised of net income and all changes to the statements of members’ capital, except those due to investments by members, changes in paid-in capital and distributions to members. Comprehensive income for the years ended December 31, 2017 and 2016 is included net income and foreign currency translation adjustments.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash in hand and cash in time deposits, certificates of deposit and all highly liquid instruments with original maturities of three months or less.
Revenue Recognition	Revenue recognition The Company follows paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured.
Accounts Receivable	Accounts receivable Accounts receivable are recorded net of allowance for doubtful accounts. The Company provides an allowance for doubtful accounts equal to the estimated uncollectible amounts. Periodically, management assesses customer credit history and relationships as well as performs accounts receivable aging analysis. Accounts are considered past due after three months. As of December 31, 2017, and 2016, no allowance was deemed necessary since sales were comparatively recent.
Inventories	Inventories Inventories are valued at the lower of cost or market. Management compares the cost of inventories with the market value and allowance is made for writing down their inventories to market value, if lower.
Fair Value of Financial Instruments	Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally observable inputs and not corroborated by market data. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at December 31, 2017. The Company does not have any assets or liabilities measured at fair value on a recurring or a non-recurring basis as of December 31, 2017 and 2016.
Income Taxes	Income taxes The Company follows Section 740-10-30 of the FASB Accounting Standards Codification, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income in the period that includes the enactment date. The Company adopted section 740-10-25 of the FASB Accounting Standards Codification (“Section 740-10-25”) with regards to uncertainty income taxes. Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25.
Recent Issued Accounting Pronouncements	Recently issued accounting pronouncements In January 2017, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update (“ASU”) 2017-01, Business Combinations (Topic 805) Clarifying the Definition of a Business In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory In August 2016, the FASB issued ASU 2016-15 , Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments In March 2016, the FASB issued ASU 2016-09, Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In January 2017, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update (“ASU”) 2017-01, Business Combinations (Topic 805) Clarifying the Definition of a Business In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory In August 2016, the FASB issued ASU 2016-15 , Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments In March 2016, the FASB issued ASU 2016-09, Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Income Taxes Tables
Schedule of Net Deferred Tax Assets	Net deferred tax assets consist of the following components as of December 31: 12/31/2017 12/31/2016 Unused tax loss brought forward $ (209,438 ) $ (7,957 ) Loss for the year (192,937 ) (201,481 ) Expenses not deductible for tax — — Total net operating loss carry forwards $ (402,375 ) $ (209,438 ) Effective tax rate 21 % 25 % Unrecognized deferred tax asset carried forward $ 84,500 $ 52,360 Less: valuation allowances (84,500 ) (52,360 ) Deferred income tax benefit, net of valuation allowance $ — $ —

Accumulated Other Comprehensi19

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2017
Accumulated Other Comprehensive Income Tables
Schedule of Accumulated Other Comprehensive Income	Balance of related after-tax components comprising accumulated other comprehensive income included members’ capital were as follows at December 31: 2017 2016 Accumulated other comprehensive income, beginning of period $ 3,028 $ 453 Change in cumulative translation adjustment (12,735 ) 2,575 Accumulated other comprehensive income, end of period $ (9,705 ) $ 3,028

Income Taxes (Details)

Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Income Taxes Details
Unused tax loss brought forward	$ 209,438	$ 7,957
Loss for the year	(192,937)	(201,481)
Expenses not deductible for tax
Total net operating loss carry forwards	$ 402,375	$ 209,438
Effective tax rate	21.00%	25.00%
Unrecognized deferred tax asset carried forward	$ 84,500	$ 52,360
Less: valuation allowances	(84,500)	(52,360)
Deferred income tax benefit, net of valuation allowance

Accumulated Other Comprehensi21

Accumulated Other Comprehensive Income (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Accumulated Other Comprehensive Income Details
Accumulated other comprehensive income, beginning of period	$ 3,028	$ 453
Change in cumulative translation adjustment	(12,735)	2,575
Accumulated other comprehensive income (loss) end of period	$ (9,705)	$ 3,028

Description Of Business And H22

Description Of Business And History (Narrative) (Details) - USD ($)	May 03, 2016	May 02, 2016	Jul. 31, 2015	May 10, 2017	Dec. 27, 2016
Wenfa "Simon" Sun - President, CEO And Chairman Of The Board Of Directors [Member] | Restricted Stock [Member]
Price per share				$ 0.0001
MeiHong "Sanya" Qian - Chief Financial Officer And Secretary [Member] | Restricted Stock [Member]
Price per share				$ 0.0001
Chongqing Field Industrial Ltd. ("CQFI") - Sole Shareholder [Member] | Restricted Stock [Member]
Shares redeemed, shares	10,000,000
Price per share	$ 0.0001
Shares redeemed, value	$ 1,000
Management Of The Company [Member] | Restricted Stock [Member]
Percent of stock owned by management after stock redemption	100.00%
Employee Agreements [Member] | Wenfa "Simon" Sun - President, CEO And Chairman Of The Board Of Directors [Member] | Restricted Stock [Member]
Shares issued under employee agreement, shares		6,000,000
Employee Agreements [Member] | MeiHong "Sanya" Qian - Chief Financial Officer And Secretary [Member] | Restricted Stock [Member]
Shares issued under employee agreement, shares		4,000,000
Share Purchase Agreement With The Sole Officer And Director [Member]
Share purchase agreement description			The Company on July 31, 2015, the sole officer and director of the Company entered into a Share Purchase Agreement (the “SPA”) pursuant to which he entered into an agreement to sell an aggregate of 10,000,000 shares of his shares of the Company’s common stock to Chongqing Field Industrial Company Ltd. at an aggregate purchase price of $40,000. These shares represent 100% of the Company’s issued and outstanding common stock.
CAT9 Cayman And Its Subsidiaries [Member]
Ownership interest by parent					100.00%

Advances To Suppliers (Narrativ

Advances To Suppliers (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Impairment loss			$ 181,003
Contract With Two Suppliers [Member]
Payments for advance to two suppliers				$ 417,046
Due from supplier			362,005
Impairment loss			$ 181,003
Repayment from suppliers	$ 181,000

Loan Payable (Narrative) (Detai

Loan Payable (Narrative) (Details) - Promissory Note With Third Party Dated November 15, 2017 [Member]	Nov. 15, 2017USD ($)
Short-term Debt [Line Items]
Promissory note face value	$ 70,065
Promissory note description	The loan is unsecured.
Promissory note interest rate	5.65%
Promissory note maturity date	Jun. 15, 2018

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)	Jul. 13, 2017	Dec. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Other payable, related party		$ 150,927	$ 58,068
Consultant And Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Related party transaction for professional service			40,326
Related Parties [Member]
Related Party Transaction [Line Items]
Other payable, related party		$ 150,927	$ 58,068
Related party debt terms		The Company was indebted to related parties that advanced loans to the Company without any formal repayment terms	The Company was indebted to related parties that advanced loans to the Company without any formal repayment terms
Chongqing CAT9 Industrial Co. Ltd - Operating Subsidiary [Member] | Short Term Loan Agreement Dated July 13, 2017 [Member]
Related Party Transaction [Line Items]
Debt instrument description	The Company loaned one million RMB to Chongqing CAT9 Internet Modern Agriculture from July 13, 2017 to July 31, 2017
Debt instrument interest rate	4.38%

Related Party Transactions (N26

Related Party Transactions (Narrative) (Details1)	Jul. 13, 2017CNY (¥)
Chongqing CAT9 Industrial Co. Ltd - Operating Subsidiary [Member] | Short Term Loan Agreement Dated July 13, 2017 [Member] | RMB (Member)
Debt instrument face value to Chongqing CAT9 Internet Modern Agriculture	¥ 1,000,000

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($)	May 10, 2017	Apr. 26, 2017	Mar. 31, 2017	Dec. 27, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Common stock, shares outstanding					101,000,000	20,000,000	10,000,000
Proceeds from issue of common stock					$ 8,100
Restricted Stock [Member] | Subscription Agreement - Tech Associates, Inc.
Shares issued for cash, shares			1,000,000
Proceeds from issue of common stock			$ 100
Wenfa "Simon" Sun - President, CEO And Chairman Of The Board Of Directors [Member] | Restricted Stock [Member]
Total shares held by shareholders for the period	90,000,000
Shares issued for cash, shares	78,000,000
Price per share	$ 0.0001
MeiHong "Sanya" Qian - Chief Financial Officer And Secretary [Member] | Restricted Stock [Member]
Total shares held by shareholders for the period	10,000,000
Shares issued for cash, shares	2,000,000
Price per share	$ 0.0001
Common Stock [Member]
Common stock, shares outstanding					101,000,000	20,000,000	10,000,000
Shares issued for cash, shares					81,000,000
Change in authorized share capital		On April 26, 2017, the Company filed a Certificate of Amendment to the Certificate of Incorporation with the Secretary of State of the State of Delaware to increase the authorized shares from 100,000,000 shares of common stock to 500,000,000 shares of common stock.
Common Stock [Member] | Share Exchange Agreement [Member] | Wenfa Simon Sun And Meihong Sanya Qian - Majority Shareholders and owners [Member]
Shares cancelled, shares				9,000,000
Cash paid for cancellation of shares				$ 1
Total shares held by shareholders for the period				1,000,000
Shares issued during the period, shares				19,000,000
Common stock, shares outstanding				20,000,000

Commitments (Narrative) (Detail

Commitments (Narrative) (Details)	Dec. 31, 2015USD ($)
Purchase Commitment With Chongqing Fangbaiyuan Trading Co., Ltd [Member]
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Purchase commitment amount to pay upon delivery	$ 227,547
Purchase Commitment With Chongqing Qinuo Trading Co., Ltd. [Member]
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Purchase commitment amount to pay upon delivery	$ 158,685