Document and Entity Information
Document and Entity Information - shares | 6 Months Ended | |
Jun. 30, 2019 | Aug. 13, 2019 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Period End Date | Jun. 30, 2019 | |
Current Fiscal Year End Date | --12-31 | |
Entity File Number | 333-222288 | |
Entity Registrant Name | CAT9 Group Inc. | |
Entity Central Index Key | 0001632275 | |
Entity Incorporation, State or Country Code | DE | |
Entity Address, Address Line One | Room 1702, Building 2, No. 301 | |
Entity Address, Address Line Two | Yunan Avenue | |
Entity Address, Address Line Three | Banan District | |
Entity Address, City or Town | Chongqing | |
Entity Address, Country | CN | |
Entity Address, Postal Zip Code | 401320 | |
Local Phone Number | 86-028-85594777 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | true | |
Elected Not To Use the Extended Transition Period | false | |
Entity Common Stock, Shares Outstanding | 102,166,400 | |
Document Fiscal Period Focus | Q2 | |
Document Fiscal Year Focus | 2019 |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets - USD ($) | Jun. 30, 2019 | Dec. 31, 2018 |
Current assets: | ||
Cash | $ 504,104 | $ 119,792 |
Accounts receivable, net | 10,871 | 10,129 |
Prepaid expenses | 4,946 | 13,285 |
Inventories | 366,030 | 141,531 |
Other receivables, related party | 7,813 | 1,682 |
Advances to suppliers | 63,062 | 78,403 |
Other current assets | 47,030 | 45,971 |
Total current assets | 1,003,856 | 410,793 |
Property & equipment, net | 36,341 | 42,181 |
Total assets | 1,040,197 | 452,974 |
Current liabilities: | ||
Accounts payable and accrued liabilities | 130,311 | 151,840 |
Customer deposits | 203,277 | 14,092 |
Loan payable | 72,827 | 87,230 |
Loan payable, related parties | 559,528 | 466,121 |
Other payables | 9,221 | 15,575 |
Other payables, related party | 403,345 | 330,518 |
Total current liabilities | 1,378,509 | 1,065,376 |
Total liabilities | 1,378,509 | 1,065,376 |
Shareholders' Deficit: | ||
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; 102,166,400 and 102,166,400 shares issued and outstanding, respectively | 10,217 | 10,217 |
Additional paid-in capital | 497,573 | 497,573 |
Accumulated deficit | (831,070) | (1,118,259) |
Accumulated other comprehensive loss | (15,032) | (1,933) |
Total Stockholders' Deficit | (338,312) | (612,402) |
Total liabilities and stockholders' deficit | $ 1,040,197 | $ 452,974 |
Condensed Consolidated Balanc_2
Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares | Jun. 30, 2019 | Dec. 31, 2018 |
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 | 102,166,400 | 102,166,400 |
Common stock, shares outstanding | 102,166,400 | 102,166,400 |
Condensed Consolidated Statemen
Condensed Consolidated Statements Of Operations And Comprehensive Loss (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2019 | Jun. 30, 2018 | Jun. 30, 2019 | Jun. 30, 2018 | |
Income Statement [Abstract] | ||||
Revenue | $ 1,655,995 | $ 8,318 | $ 1,989,246 | $ 28,427 |
Cost of revenue | 557,891 | 4,490 | 744,304 | 14,185 |
Gross margin | 1,098,104 | 3,828 | 1,244,942 | 14,242 |
Operating expenses: | ||||
Professional fees | 14,374 | 16,201 | 33,929 | 56,634 |
Consulting | 15,740 | 24,713 | 50,330 | 42,023 |
Selling, general and administrative | 622,891 | 95,114 | 873,080 | 285,540 |
Total operating expenses | 653,005 | 136,028 | 957,339 | 384,197 |
Income (loss) from operations | 445,099 | (132,200) | 287,603 | (369,955) |
Other income (expense): | ||||
Other income | 1,513 | 346 | 1,364 | 2,624 |
Interest expense | 1,241 | 1,780 | ||
Total other income (expense) | 272 | 346 | (416) | 2,624 |
Income (loss) before income taxes | 445,371 | (131,854) | 287,187 | (367,331) |
Provision for income taxes | ||||
Net Income (Loss) | 445,371 | (131,854) | 287,187 | (367,331) |
Other comprehensive loss: | ||||
Foreign currency translation adjustment | 1,532 | (4,660) | (13,099) | (8,073) |
Comprehensive income (loss) | $ 446,903 | $ (136,514) | $ 274,088 | $ (375,404) |
Basic and diluted net income (loss) per share | $ 0 | $ 0 | $ 0 | $ 0 |
Weighted average number of common shares outstanding, basic and diluted | 102,166,400 | 101,781,873 | 102,166,400 | 101,393,096 |
Consolidated Statements Of Stoc
Consolidated Statements Of Stockholders' Equity (Deficit) (Unaudited) - USD ($) | Common Stock [Member] | Additional paid-in Capital [Member] | Accumulated Deficit [Member] | Other comprehensive income [Member] | Total |
Balance, shares at Dec. 31, 2017 | 101,000,000 | ||||
Balance, amount at Dec. 31, 2017 | $ 10,100 | $ 404,378 | $ (402,365) | $ (9,705) | $ 2,408 |
Foreign currency translation adjustment | (3,413) | (3,413) | |||
Net income (loss) | (235,477) | (235,477) | |||
Balance, shares at Mar. 31, 2018 | 101,000,000 | ||||
Balance, amount at Mar. 31, 2018 | $ 10,100 | 404,378 | (637,842) | (13,118) | (236,482) |
Balance, shares at Dec. 31, 2017 | 101,000,000 | ||||
Balance, amount at Dec. 31, 2017 | $ 10,100 | 404,378 | (402,365) | (9,705) | 2,408 |
Foreign currency translation adjustment | (8,073) | ||||
Net income (loss) | (367,331) | ||||
Balance, shares at Jun. 30, 2018 | 102,166,400 | ||||
Balance, amount at Jun. 30, 2018 | $ 10,217 | 505,252 | (769,696) | (17,778) | (272,005) |
Balance, shares at Mar. 31, 2018 | 101,000,000 | ||||
Balance, amount at Mar. 31, 2018 | $ 10,100 | 404,378 | (637,842) | (13,118) | (236,482) |
Common stock issued for cash, shares | 1,166,400 | ||||
Common stock issued for cash, value | $ 117 | 93,195 | 93,312 | ||
Contributed capital | 7,679 | 7,679 | |||
Foreign currency translation adjustment | (4,660) | (4,660) | |||
Net income (loss) | (131,854) | (131,854) | |||
Balance, shares at Jun. 30, 2018 | 102,166,400 | ||||
Balance, amount at Jun. 30, 2018 | $ 10,217 | 505,252 | (769,696) | (17,778) | $ (272,005) |
Balance, shares at Dec. 31, 2018 | 102,166,400 | 102,166,400 | |||
Balance, amount at Dec. 31, 2018 | $ 10,217 | 497,573 | (1,118,259) | (1,933) | $ (612,402) |
Foreign currency translation adjustment | (14,631) | (14,631) | |||
Net income (loss) | (158,182) | (158,182) | |||
Balance, shares at Mar. 31, 2019 | 102,166,400 | ||||
Balance, amount at Mar. 31, 2019 | $ 10,217 | 497,573 | (1,276,441) | (16,564) | $ (785,215) |
Balance, shares at Dec. 31, 2018 | 102,166,400 | 102,166,400 | |||
Balance, amount at Dec. 31, 2018 | $ 10,217 | 497,573 | (1,118,259) | (1,933) | $ (612,402) |
Foreign currency translation adjustment | (13,099) | ||||
Net income (loss) | $ 287,187 | ||||
Balance, shares at Jun. 30, 2019 | 102,166,400 | 102,166,400 | |||
Balance, amount at Jun. 30, 2019 | $ 10,217 | 497,573 | (831,070) | (15,032) | $ (338,312) |
Balance, shares at Mar. 31, 2019 | 102,166,400 | ||||
Balance, amount at Mar. 31, 2019 | $ 10,217 | 497,573 | (1,276,441) | (16,564) | (785,215) |
Foreign currency translation adjustment | 1,532 | 1,532 | |||
Net income (loss) | 445,371 | $ 445,371 | |||
Balance, shares at Jun. 30, 2019 | 102,166,400 | 102,166,400 | |||
Balance, amount at Jun. 30, 2019 | $ 10,217 | $ 497,573 | $ (831,070) | $ (15,032) | $ (338,312) |
Condensed Consolidated Statem_2
Condensed Consolidated Statement Of Cash Flows (Unaudited) - USD ($) | 6 Months Ended | |
Jun. 30, 2019 | Jun. 30, 2018 | |
Cash flows from operating activities: | ||
Net Income (Loss) | $ 287,187 | $ (367,331) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Foreign currency translation adjustment | 13,099 | |
Bad debt expense | (2,653) | |
Depreciation expense | 6,559 | 6,077 |
Changes in operating assets and liabilities: | ||
Accounts Receivable | (1,911) | (2,037) |
Prepaid expenses | (8,339) | 21,883 |
Inventories | 224,499 | 9,447 |
Other assets, related party | 6,131 | 21,535 |
Advances to suppliers | (15,341) | (50,690) |
Other current assets | 1,059 | (16,928) |
Accounts payable and accrued liabilities | (21,529) | 2,499 |
Customer deposits | 189,185 | |
Other payables | (6,354) | 88,423 |
Net cash provided by (used in) operating activities | 233,198 | (253,542) |
Cash flows from investing activities: | ||
Purchase of equipment | 572 | 2,802 |
Net cash used in investing activities | (572) | (2,802) |
Cash flows from financing activities: | ||
Contributed capital | 7,679 | |
Sale of common stock | 93,312 | |
Proceeds from loan payable | 79,004 | |
Loans from related parties | 72,827 | |
Net cash provided by financing activities | 151,831 | 100,991 |
Net change in cash | 384,457 | (155,353) |
Effects of currency translation | (145) | (9,372) |
Cash, beginning of period | 119,792 | 168,539 |
Cash, end of period | 504,104 | 3,814 |
SUPPLEMENTAL DISCLOSURES: | ||
Cash paid for interest | 930 | |
Cash paid for taxes |
Description Of Business And His
Description Of Business And History | 6 Months Ended |
Jun. 30, 2019 | |
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”), 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 Industrial 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 Industrial 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. |
Summary Of Significant Policies
Summary Of Significant Policies | 6 Months Ended |
Jun. 30, 2019 | |
Summary Of Significant Policies | |
Summary of Significant Accounting Policies | NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements of CAT9 Group Inc. have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission requirements for interim financial statements. Therefore, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. The financial statements should be read in conjunction with the audited financial statements of CAT9 Group Inc. in our Form 10-K. The interim financial information is unaudited. In the opinion of management, all adjustments necessary to present fairly the financial position as of June 30, 2019, and the results of operations and cash flows presented herein have been included in the financial statements. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results of operations for the full year. The Company's functional currency for Chongqing CAT9 is 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 six months ended June 30, 219 and for the year ended December 31, 2018, 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’ capital are translated at the historical rates and income statement items are translated at the average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income in accordance with the Comprehensive Income Topic of the Codification (ASC 220), as a component of members’ capital. Transaction gains and losses are reflected in the income statement. |
Inventory
Inventory | 6 Months Ended |
Jun. 30, 2019 | |
Inventory | |
Inventory | NOTE 3 –INVENTORY Inventory consist of the following: June 30, December 31, 2019 2018 Raw materials and parts $ 66,402 $ 26,849 Finished goods 299,628 114,682 Total 366,030 141,531 Less: allowance for inventory reserve — — Inventory, net $ 366,030 $ 141,531 |
Loan Payable
Loan Payable | 6 Months Ended |
Jun. 30, 2019 | |
Loan Payable | |
Loan Payable | NOTE 4 – LOAN PAYABLE On June 16, 2018, the Company entered a loan agreement with an individual in the amount of $74,500 (RMB $500,000). The maturity date is June 15, 2019. The loan is unsecured, non-interest bearing. On July 10, 2018, the Company entered a loan agreement with an individual in the amount of $14,538 (RMB $100,000). The maturity date is July 9, 2019. The loan is unsecured and bears 10% annual interest rate. The loan was paid off in January 2019. |
Related Party Transactions
Related Party Transactions | 6 Months Ended |
Jun. 30, 2019 | |
Related Party Transactions | |
Related Party Transactions | NOTE 5 - RELATED PARTY TRANSACTIONS Loan payable, related parties On January 1, 2018, the Company entered into a loan agreement with Sichuan CAT9 Technology, the company under control of Wenfa Sun, the Company’s President, Chief Executive Officer and Chairman. The loan agreement offers the Company $728,262 (RMB 5,000,000) credit line. The maturity date is December 31, 2018. The loan is unsecured, non-interest bearing. As of June 30, 2019, the balance of the loan is $559,528 and unused credit line is $168,733. Due to related parties 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. As of June 30, 2019 and December 31, 2018, the Company was indebted to related parties that advanced loans to the Company without any formal repayment terms. As of June 30, 2019 and December 31, 2018 , the Company owed the aforementioned related parties $403,345 and $330,518, respectively. |
Stockholders' Equity
Stockholders' Equity | 6 Months Ended |
Jun. 30, 2019 | |
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 June 30, 2019, and no shares of preferred stock had been issued. |
Accumulated Other Comprehensive
Accumulated Other Comprehensive Income | 6 Months Ended |
Jun. 30, 2019 | |
Accumulated Other Comprehensive Income | |
Accumulated Other Comprehensive Income | NOTE 7 – ACCUMULATED OTHER COMPREHENSIVE INCOME Balance of related after-tax components comprising accumulated other comprehensive income included members’ capital were as follows: June 30 , 2019 December 31, 2018 Accumulated other comprehensive income, beginning of period $ (1,933 ) $ (9,705 ) Change in cumulative translation adjustment (13,099 ) 7,772 Accumulated other comprehensive income, end of period $ (15,032 ) $ (1,933 ) |
Subsequent Events
Subsequent Events | 6 Months Ended |
Jun. 30, 2019 | |
Subsequent Events | |
Subsequent Events | NOTE 8 – 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 Accounti
Summary Of Significant Accounting Policies (Policies) | 6 Months Ended |
Jun. 30, 2019 | |
Summary Of Significant Accounting Policies | |
Basis of Presentation | Basis of Presentation The accompanying unaudited condensed consolidated financial statements of CAT9 Group Inc. have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission requirements for interim financial statements. Therefore, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. The financial statements should be read in conjunction with the audited financial statements of CAT9 Group Inc. in our Form 10-K. The interim financial information is unaudited. In the opinion of management, all adjustments necessary to present fairly the financial position as of June 30, 2019, and the results of operations and cash flows presented herein have been included in the financial statements. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results of operations for the full year. The Company's functional currency for Chongqing CAT9 is 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 six months ended June 30, 219 and for the year ended December 31, 2018, 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’ capital are translated at the historical rates and income statement items are translated at the average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income in accordance with the Comprehensive Income Topic of the Codification (ASC 220), as a component of members’ capital. Transaction gains and losses are reflected in the income statement. |
Inventory (Tables)
Inventory (Tables) | 6 Months Ended |
Jun. 30, 2019 | |
Disclosure Inventories Tables Abstract | |
Schedule of Inventory | Inventory consist of the following: June 30, December 31, 2019 2018 Raw materials and parts $ 66,402 $ 26,849 Finished goods 299,628 114,682 Total 366,030 141,531 Less: allowance for inventory reserve — — Inventory, net $ 366,030 $ 141,531 |
Accumulated Other Comprehensi_2
Accumulated Other Comprehensive Income (Tables) | 6 Months Ended |
Jun. 30, 2019 | |
Disclosure Accumulated Other Comprehensive Income Tables Abstract | |
Schedule of Accumulated Other Comprehensive Income | Balance of related after-tax components comprising accumulated other comprehensive income included members’ capital were as follows: June 30 , 2019 December 31, 2018 Accumulated other comprehensive income, beginning of period $ (1,933 ) $ (9,705 ) Change in cumulative translation adjustment (13,099 ) 7,772 Accumulated other comprehensive income, end of period $ (15,032 ) $ (1,933 ) |
Inventory (Details)
Inventory (Details) - USD ($) | Jun. 30, 2019 | Dec. 31, 2018 |
Disclosure Inventories Details Abstract | ||
Raw materials and parts | $ 66,402 | $ 26,849 |
Finished goods | 299,628 | 114,682 |
Total | 366,030 | 141,531 |
Less: allowance for inventory reserve | ||
Inventory, net | $ 366,030 | $ 141,531 |
Accumulated Other Comprehensi_3
Accumulated Other Comprehensive Income (Details) - USD ($) | 6 Months Ended | 12 Months Ended |
Jun. 30, 2019 | Dec. 31, 2018 | |
Disclosure Accumulated Other Comprehensive Income Details Abstract | ||
Accumulated other comprehensive income, beginning of period | $ (1,933) | $ (9,705) |
Change in cumulative translation adjustment | (13,099) | 7,772 |
Accumulated other comprehensive income, end of period | $ (15,032) | $ (1,933) |
Description Of Business And H_2
Description Of Business And History (Narrative) (Details) | Dec. 27, 2016 |
CAT9 Cayman And Its Subsidiaries [Member] | |
Ownership interest by parent | 100.00% |
Loan Payable (Narrative) (Detai
Loan Payable (Narrative) (Details) - USD ($) | Jul. 10, 2018 | Jun. 16, 2018 |
Loans Agreement With An Individual Dated June 16, 2018 [Member] | ||
Short-term Debt [Line Items] | ||
Loan payable face amount | $ 74,500 | |
Loan payable maturity date | Jun. 15, 2019 | |
Loan payable description | The loan is unsecured, non-interest bearing. | |
Loans Agreement With An Individual Dated July 10, 2018 [Member] | ||
Short-term Debt [Line Items] | ||
Loan payable face amount | $ 14,538 | |
Loan payable maturity date | Jul. 9, 2019 | |
Loan payable description | The loan was paid off in January 2019. | |
Loan payable interest rate | 10.00% |
Loan Payable (Narrative) (Det_2
Loan Payable (Narrative) (Details) (RMB) | Jul. 10, 2018USD ($) | Jul. 10, 2018CNY (¥) | Jun. 16, 2018USD ($) | Jun. 16, 2018CNY (¥) |
Loans Agreement With An Individual Dated June 16, 2018 [Member] | ||||
Short-term Debt [Line Items] | ||||
Loan payable face amount | $ | $ 74,500 | |||
Loans Agreement With An Individual Dated June 16, 2018 [Member] | China, Yuan Renminbi [Member] | ||||
Short-term Debt [Line Items] | ||||
Loan payable face amount | ¥ | ¥ 500,000 | |||
Loans Agreement With An Individual Dated July 10, 2018 [Member] | ||||
Short-term Debt [Line Items] | ||||
Loan payable face amount | $ | $ 14,538 | |||
Loans Agreement With An Individual Dated July 10, 2018 [Member] | China, Yuan Renminbi [Member] | ||||
Short-term Debt [Line Items] | ||||
Loan payable face amount | ¥ | ¥ 100,000 |
Related Party Transactions (Nar
Related Party Transactions (Narrative) (Details) - USD ($) | Jan. 02, 2018 | Jun. 30, 2019 | Dec. 31, 2018 |
Related Party Transaction [Line Items] | |||
Loan payable, related party | $ 559,528 | $ 466,121 | |
Other payable, related party | 403,345 | $ 330,518 | |
Sichuan CAT9 Technology - The Company Under Control Of Wenfa Sun, President, CEO And Chairman [Member] | Loans Agreement Dated January 1, 2018 [Member] | |||
Related Party Transaction [Line Items] | |||
Loan payable face amount | $ 728,262 | ||
Loan payable maturity date | Dec. 31, 2018 | ||
Loan payable description | The loan is unsecured, non-interest bearing. | ||
Loan payable, related party | 559,528 | ||
Loan payable unused credit line | $ 168,733 | ||
Related Parties [Member] | |||
Related Party Transaction [Line Items] | |||
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 | |
Other payable, related party | $ 403,345 | $ 330,518 |
Related Party Transactions (N_2
Related Party Transactions (Narrative) (Details) (RMB) - Jan. 02, 2018 - Sichuan CAT9 Technology - The Company Under Control Of Wenfa Sun, President, CEO And Chairman [Member] - Loans Agreement Dated January 1, 2018 [Member] | USD ($) | CNY (¥) |
Related Party Transaction [Line Items] | ||
Loan payable face amount | $ | $ 728,262 | |
China, Yuan Renminbi [Member] | ||
Related Party Transaction [Line Items] | ||
Loan payable face amount | ¥ | ¥ 5,000,000 |