Wiseman Global (WISM) 10-Q 17 May 21 2021 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2021	May 17, 2021
Cover [Abstract]
Entity Registrant Name	Wiseman Global Ltd
Entity Central Index Key	0001756640
Document Type	10-Q
Document Period End Date	Mar. 31, 2021
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		102,400,000
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2021	Dec. 31, 2020
CURRENT ASSETS
Cash and cash equivalents	$ 145,691	$ 67,777
Accounts receivable	82,701	188,360
Inventories	457,209	466,363
Loan to related parties	263,067	128,665
Amount due from related parties	289	290
Prepayments	220,629	230,279
Deposits paid and other receivables	307,849	473,979
TOTAL CURRENT ASSETS	1,477,435	1,555,713
NON-CURRENT ASSETS
Right of use asset, net	50,530	75,520
Property, plant and equipment, net	11,079	11,928
TOTAL NON-CURRENT ASSETS	61,609	87,448
TOTAL ASSETS	1,539,044	1,643,161
CURRENT LIABILITIES
Other payables and accrued liabilities	214,635	204,910
Income tax payable	308,327	317,113
Lease liability	45,013	67,532
Advance from a director	55,852	53,635
CURRENT LIABILITIES	623,827	643,190
NON-CURRENT LIABILITIES
Lease liability	5,701	8,126
TOTAL NON-CURRENT LIABILITIES	5,701	8,126
TOTAL LIABILITIES	629,528	651,316
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Preferred stock - Par value $0.0001; Authorized: 200,000,000 None issued and outstanding
Common stock - Par value $0.0001; Authorized: 800,000,000 Issued and outstanding: 102,400,000 shares as of March 31, 2021 and 102,400,000 shares as of December 31, 2020	10,240	10,240
Additional paid-in capital	726,760	726,760
Accumulated other comprehensive loss	39,324	41,692
Accumulated profits	133,192	213,153
TOTAL STOCKHOLDERS' EQUITY	909,516	991,845
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,539,044	$ 1,643,161

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	200,000,000	200,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	800,000,000	800,000,000
Common stock, shares issued	102,400,000	102,400,000
Common stock, shares outstanding	102,400,000	102,400,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Statement [Abstract]
REVENUE	$ 37,268	$ 101,681
COST OF REVENUE	(2,827)	(57,098)
GROSS PROFIT	34,441	44,583
OTHER INCOME, NET	7,957	73,471
OPERATING EXPENSES
General and administrative	(122,372)	(197,439)
LOSS FROM OPERATIONS	(79,974)	(79,385)
INTEREST INCOME	12	33
LOSS BEFORE INCOME TAX	(79,962)	(79,352)
INCOME TAX EXPENSES
NET LOSS	(79,962)	(79,352)
Other comprehensive income/(loss):
- Foreign currency translation loss	(2,367)	(16,822)
COMPREHENSIVE LOSS	$ (82,329)	$ (96,174)
NET LOSS PER SHARE, BASIC AND DILUTED	$ 0	$ 0
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED	102,400,000	102,400,000

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated (Deficit)/ Profit [Member]	Accumulated Other Comprehensive Loss [Member]	Total
Balance at Dec. 31, 2019	$ 10,240	$ 726,760	$ 803,938	$ (9,464)	$ 1,531,474
Balance, shares at Dec. 31, 2019	102,400,000
Net loss for the period			(79,352)		(79,352)
Foreign currency translation				(16,822)	(16,822)
Balance at Mar. 31, 2020	$ 10,240	726,760	724,586	(26,286)	1,435,300
Balance, shares at Mar. 31, 2020	102,400,000
Balance at Dec. 31, 2020	$ 10,240	726,760	213,153	41,692	991,845
Balance, shares at Dec. 31, 2020	102,400,000
Net loss for the period			(79,962)		(79,962)
Foreign currency translation				(2,367)	(2,367)
Balance at Mar. 31, 2021	$ 10,240	$ 726,760	$ 133,191	$ 39,325	$ 909,516
Balance, shares at Mar. 31, 2021	102,400,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (79,962)	$ (79,352)
Adjustments to reconcile net profit to net cash used in operating activities:
Depreciation	3,128	12,310
Amortization of ROU asset	22,659	57,220
Change in lease liability	(24,921)	(57,220)
Changes in operating assets and liabilities:
Accounts receivable	106,050	338,594
Inventories	7,515	(47,343)
Deposits paid, prepayments and other receivables	129,751	(217,057)
Accounts payable		(17,910)
Other payables and accrued liabilities	2,672	(12,186)
Loan to related parties	(90,013)
Net cash provided by/(used) in operating activities	76,879	(22,944)
CASH FLOWS FROM FINANCING ACTIVITIES:
Advance from a director	2,200	9,097
Net cash provided by financing activities	2,200	9,097
Effect of exchange rate changes in cash and cash equivalents	(1,165)	(3,758)
Net (decrease)/increase in cash and cash equivalents	77,914	(17,605)
Cash and cash equivalents, beginning of period	67,777	362,771
CASH AND CASH EQUIVALENTS, END OF PERIOD	145,691	345,166
SUPPLEMENTAL CASH FLOWS INFORMATION
Income taxes paid
Right-of-use assets obtained in exchange for operating lease obligations	$ 50,530	$ 77,157

Organization and Business Acqui

Organization and Business Acquisitions	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Organization and Business Acquisitions	1. ORGANIZATION AND BUSINESS ACQUISITIONS Wiseman Global Limited (“WISM”) was incorporated in Nevada on July 17, 2018, and before the transaction described below, WISM is engaged distributing a full line of major household appliances and related products in PRC region including Shenzhen and Hong Kong. Name Place/date of incorporation Principal activities Wisdom Global Group Co., Limited Seychelles / May 17, 2018 Investment holding Wiseman Global Limited (“Wiseman HK”) Hong Kong / July 31, 2018 Distributing a full line of major household appliances and related products Shenzhen Wiseman Smart Industrial Co., Limited (“SWSICL”) PRC / March 18, 2019 Distributing a full line of major household appliances and related products Shenzhen Wiseman Industrial Development Co., Limited (“SWIDCL”) PRC / December 29, 2017 (Acquired on August 12, 2019) Distributing a full line of major household appliances and related products Wiseman Global Limited is a company that operates through its wholly owned subsidiary, Wisdom Global Group Co., Limited, a Company incorporated in Seychelles. It should be noted that our wholly owned subsidiary, Wisdom Global Group Co., Limited owns 100% of Wiseman HK, a Hong Kong Company. At this time, we operate exclusively through our wholly owned subsidiaries and share the same business plan with our subsidiaries. On September 7, 2018, Wisdom Global Group Co., Limited acquired 100% of the equity interests of Wiseman HK, from our chief executive officer, Mr. Lai Jinpeng. On September 12, 2018, Wiseman Global Limited, a Nevada corporation, acquired 100% of the equity interests of Wisdom Global Group Co., Limited, from our chief executive officer, Mr. Lai Jinpeng. Shenzhen Wiseman Smart Industrial Co., Limited, a wholly-owned subsidiary of Wiseman HK, was incorporated in the PRC on March 18, 2019. On August 12, 2019, SWSICL acquired 100% of the equity interests of Wiseman Industrial Development Co., Limited from Ms. Wu Wenzhi. Wiseman Global Limited and its subsidiaries are hereinafter referred to as the “Company”.

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	2. BASIS OF PRESENTATION The accompanying consolidated financial statements of the Company are prepared pursuant to the rules and regulations of the U.S. Securities and Exchanges Commission (“ SEC US GAAP

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates The preparation of the consolidated financial statements in conformity with US GAAP 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 consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made; however actual results could differ materially from those estimates. 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 Chinese Renminbi is not freely convertible into foreign currencies. Under the PRC Foreign Exchange Control Regulations and Administration of Settlement, Sales and Payment of Foreign Exchange Regulations, the Company is permitted to exchange Chinese Renminbi for foreign currencies through banks that are authorized to conduct foreign exchange business. Accounts Receivable Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of accounts receivable. The Company extends credit to its customers in the normal course of business and generally does not require collateral. The Company’s credit terms are dependent upon the segment, and the customer. The Company assesses the probability of collection from each customer at the outset of the arrangement based on a number of factors, including the customer’s payment history and its current creditworthiness. If in management’s judgment collection is not probable, the Company does not record revenue until the uncertainty is removed. Management performs ongoing credit evaluations, and the Company maintains an allowance for potential credit losses based upon its loss history and its aging analysis. The allowance for doubtful accounts is the Company’s best estimate of the amount of credit losses in existing accounts receivable. Management reviews the allowance for doubtful accounts each reporting period based on a detailed analysis of trade receivables. In the analysis, management primarily considers the age of the customer’s receivable, and also considers the creditworthiness of the customer, the economic conditions of the customer’s industry, general economic conditions and trends, and the business relationship and history with its customers, among other factors. If any of these factors change, the Company may also change its original estimates, which could impact the level of the Company’s future allowance for doubtful accounts. If judgments regarding the collectability of receivables were incorrect, adjustments to the allowance may be required, which would reduce profitability. Accounts receivable are recognized and carried at the original invoice amount less an allowance for any uncollectible amounts. An estimate for doubtful accounts receivable is made when collection of the full amount is no longer probable. Bad debts are written off as identified. No allowance for doubtful accounts was made for the period ended March 31, 2021. Revenue Recognition Revenue is generated through sale of goods, consultancy, integration and installation services. Revenue is recognized when a customer obtains control of promised goods or services and is recognized in an amount that reflects the consideration that the Company expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amount of revenue that is recorded reflects the consideration that the Company expects to receive in exchange for those goods and services. The Company applies the following five-step model in order to determine this amount: (i) identification of the promised goods and services in the contract; (ii) determination of whether the promised goods and services are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation. The Company adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606). Under Topic 606, the Company records revenue when persuasive evidence of an arrangement exists, delivery has occurred, the fee is fixed or determinable and collectability is probable. The Company records revenue from the sale of product upon shipment or delivery of the products to the customer. The Company allows for 12-month warranties to be purchased on the products. Our warranty includes the repair works for the unfunctional products, and the costs of the spare parts are not included in our warranty. In management’s opinion, there is no provision made for warranty provided. The revenue that generated through sale of goods are $3,668. Shipping and handling costs Costs for shipping and handling activities, including those activities that occur subsequent to transfer of control to the customer, are recorded as cost of sales and are expensed as incurred. The Company accrues costs for shipping and handling activities that occur after control of the promised good has transferred to the customer. Earnings Per Share The Company reports earnings per share in accordance with ASC 260 “ Earnings Per Share The Company’s basic earnings per share is computed by dividing the net income available to holders by the weighted average number of the Company’s ordinary shares outstanding. Diluted earnings per share reflects the amount of net income available to each ordinary share outstanding during the period plus the number of additional shares that would have been outstanding if potentially dilutive securities had been issued. Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence. Income Taxes The Company accounts for income taxes using the asset and liability method prescribed by ASC 740 “ Income Taxes New U.S. federal tax legislation, commonly referred to as the Tax Cuts and Jobs Act (the “ U.S. Tax Reform 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 statements of operations. The reporting currency of the Company is United States Dollars (“US$”). The Company’s subsidiary in Seychelles, Hong Kong and PRC maintains its books and record in United States Dollars (“US$”), Hong Kong Dollars (“HK$”) and Chinese Renminbi (“CNY¥”) respectively. In general, for consolidation purposes, assets and liabilities of its subsidiary whose functional currency is not the US$ are translated into US$, in accordance with ASC Topic 830-30, “Translation of Financial Statement”, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of foreign subsidiary are recorded as a separate component of accumulated other comprehensive income within the statement of stockholders’ equity. Translation of amounts from the local currencies of the Company into US$ has been made at the following exchange rates for the respective periods: As of and for the March 31, 2021 Period-end HK$ : US$1 exchange rate 7.75 Period-average HK$ : US$1 exchange rate 7.75 Period-end CNY¥ : US$1 exchange rate 6.55 Period-average CNY¥ : US$1 exchange rate 6.49 Fair Value Measurement Accounting Standards Codification (“ ASC Fair Value Measurements and Disclosures This ASC establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2: Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity). Recently issued and adopted accounting pronouncements In February 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842). Under the new guidance, lessees will be required recognize the following for all leases (with the exception of short-term leases) at the commencement date: 1) A lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and 2) A right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. The new lease guidance simplified the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and lease liabilities. Lessees will no longer be provided with a source of off-balance sheet financing. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018, including interim periods within those years. This standard takes effect for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. According to this new standard, the Company should record both right-of-use asset and lease liability of $50,530 on its consolidated financial statements for the period ended March 31, 2021. In June 2016, the FASB issued ASU 2016-13, Measurement of Credit Losses on Financial Instruments The Company reviews new accounting standards as issued. Management has not identified any other new standards that it believes will have a significant impact on the Company’s consolidated financial statements. COVID-19 Uncertainty An outbreak of respiratory illness caused by the novel coronavirus, commonly referred as “COVID-19” emerged in late 2019 and has spread globally. The COVID-19 is considered to be highly contagious and poses a serious public health threat. The World Health Organization labeled the COVID-19 outbreak as a pandemic on March 11, 2020, given its threat beyond a public health emergency of international concern the organization had declared on January 30, 2020. The epidemic has resulted in social-distancing restrictions, travel restrictions, and the temporary closure of stores and facilities during the past few months. The negative impacts of the COVID-19 outbreak on our business may include, but not strictly be limited to: - The uncertain economic conditions may refrain clients from engaging our services. - The operations of businesses in most industries have been, and could continue to be, negatively impacted by the epidemic, which may in turn adversely impact their business performance. For the period ended March 31, 2021, our revenue has been significantly decreased due to the impact of the COVID-19. We are unable to accurately predict the upcoming impact that the COVID-19 will have due to various uncertainties, including the ultimate geographic spread of the virus, the severity of the disease, the duration of the outbreak globally, and effectiveness of the actions that may be taken by governmental authorities. Additionally, it is possible that we may face similar difficulties from future events, such as this, should there be at any point another global pandemic. As of the current date, we do not believe that we have been directly impacted by Covid-19. However, economies throughout the world have been impacted significantly in a vast number of ways, and we cannot state with any level of certainty to what extent we may have been indirectly impacted by market conditions as a result of the pandemic and/or if the pandemic has forestalled, in any capacity, our growth to date.

Accounts Receivable

Accounts Receivable	3 Months Ended
	Mar. 31, 2021
Credit Loss [Abstract]
Accounts Receivable	4. ACCOUNTS RECEIVABLE The receivable and allowance balances as of March 31, 2021 and December 31, 2020 are as follows: March 31, 2021 December 31, 2020 (unaudited) (audited) Accounts receivable $ 82,701 $ 188,360 Less: allowance for doubtful accounts - - Accounts receivable, net $ 82,701 $ 188,360

Inventories

Inventories	3 Months Ended
	Mar. 31, 2021
Inventory Disclosure [Abstract]
Inventories	5. INVENTORIES Inventories consisted of the following as of March 31, 2021 and December 31, 2020: March 31, 2021 December 31, 2020 (unaudited) (audited) Finished goods $ 457,209 $ 466,363 Inventories $ 457,209 $ 466,363 There is no inventory allowance for the three months ended March 31, 2021

Prepayments

Prepayments	3 Months Ended
	Mar. 31, 2021
Prepayments Abstract
Prepayments	6. PREPAYMENTS As of March 31, 2021, the Company prepayments consist of the prepayment for the professional fees, purchases, and renovation fees.

Deposits Paid and Other Receiva

Deposits Paid and Other Receivables	3 Months Ended
	Mar. 31, 2021
Deposits Paid And Other Receivables
Deposits Paid and Other Receivables	7. DEPOSITS PAID AND OTHER RECEIVABLES Deposits paid and other receivables consisted of the following as of March 31, 2021 and December 31, 2020: March 31, 2021 December 31, 2020 (unaudited) (audited) Deposits paid $ 1,648 $ 1,654 Loan to third parties 222,149 393,237 Rental income receivables 60,000 60,000 Others 24,052 19,088 Total deposits paid and other receivables $ 307,849 $ 473,979 The loan to third parties are unsecured, with interest-bearing varies of 3% or 7% and repayable within 3 months to 8 months.

Property, Plant and Equipment

Property, Plant and Equipment	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	8. PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following as of March 31, 2021 and December 31, 2020: March 31, 2021 December 31, 2020 (unaudited) (audited) Office equipment $ 16,003 $ 16,003 Less: accumulated depreciation (4,881 ) (4,075 ) Property, plant and equipment, net $ 11,079 $ 11,928 Depreciation expense for the three months ended March 31, 2021 and March 31, 2020 was $806 and $12,310, respectively.

Other Payables and Accrued Liab

Other Payables and Accrued Liabilities	3 Months Ended
	Mar. 31, 2021
Payables and Accruals [Abstract]
Other Payables and Accrued Liabilities	9. OTHER PAYABLES AND ACCRUED LIABILITIES Other payables and accrued liabilities consisted of the following as of March 31, 2021 and December 31, 2020: March 31, 2021 December 31, 2020 (unaudited) (audited) Other payables $ 97,631 $ 44,312 Accrued other expenses 48,330 99,329 Receipt in advance 68,674 61,269 Total other payables and accrued liabilities $ 214,635 $ 204,910

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
Shareholders' Equity	10. SHAREHOLDERS’ EQUITY As of March 31, 2021, the Company had a total of 102,400,000 shares of its common stock issued and outstanding. There are no shares of preferred stock issued and outstanding.

Advance From a Director

Advance From a Director	3 Months Ended
	Mar. 31, 2021
Related Party Transactions [Abstract]
Advance From a Director	11. ADVANCE FROM A DIRECTOR As of March 31, 2021 and December 31, 2020, there is an advance from a director of $55,852 and $53,635, respectively.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2021
Related Party Transactions [Abstract]
Related Party Transactions	12. RELATED PARTY TRANSACTIONS Name of Related Parties Relationship with the Company SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED A company which is owned 66% by our CEO. WENZHI WU The family member of the CEO and the Director of the Company. WISEMAN CHIPS SMART TECHNOLOGY (SHENZHEN) CO., LIMITED The director is the company representative of the Company. XIANGXI WISEMAN INVESTMENT DEVELOPMENT CO., LIMITED A company which is our CEO is the majority shareholder. JINPENG LAI The CEO and the Director of the Company. Period Ended Year Ended Revenue: -SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ - $ 380 - WISEMAN CHIPS SMART TECHNOLOGY (SHENZHEN) CO., LIMITED - 1,780 Cost of revenue: - SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ - $ 10,017 - WISEMAN CHIPS SMART TECHNOLOGY (SHENZHEN) CO., LIMITED - 14,627 Inventories: - SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ 28,789 $ 34,523 Other income (cost): - SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ (5,665 ) $ (230,821 ) Prepayments: -SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ 63,333 $ 135,512 - WISEMAN CHIPS SMART TECHNOLOGY (SHENZHEN) CO., LIMITED 7,630 - Deposits paid and other receivables: - SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ 1,648 $ 1,654 Loan to related parties: - SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ 66,202 $ 22,976 - WISEMAN CHIPS SMART TECHNOLOGY (SHENZHEN) CO., LIMITED 91,565 91,903 - XIANGXI WISEMAN INVESTMENT DEVELOPMENT CO., LIMITED $ 105,300 $ 13,786 Amount due to related parties: - WENZHI WU $ 289 $ 290 Other payables and accrued liabilities: - XIANGXI WISEMAN INVESTMENT DEVELOPMENT CO., LIMITED $ 68,674 $ - Advance from a director: - JINPENG LAI $ 55,852 $ 53,635 The loan to related parties are unsecured, with interest-bearing of 7% and the repayment terms are 2 months, 8 months, or 1 year.

Income Tax

Income Tax	3 Months Ended
	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Income Tax	13. INCOME TAX The Company is an U.S. entity and is subject to the United States federal income tax. No provision for income taxes in the United States has been made as the Company had no United States taxable income for the three months ended March 31, 2021. Wisdom Global Group Co., Limited was incorporated in the Republic of Seychelles and, under the laws of Seychelles, is not subject to income taxes. The Company operates in Hong Kong and files tax returns in the Hong Kong jurisdiction. Wiseman Global Limited was incorporated in Hong Kong and is subject to Hong Kong income tax at a tax rate of 16.5%. (the first HK$ 2 million (equivalent US$ 258,000) of profits earned by the company will be taxed at half the current tax rate (i.e., 8.25%) whilst the remaining profits will continue to be taxed at the existing 16.5% tax rate.) SWISCL and SWIDCL were incorporated in the PRC and with the enterprise income tax rate of 25%. No deferred taxes were recognized for the three months ended March 31, 2021. Provision for income tax expense will be projected at year end date. Effective and Statutory Rate Reconciliation The effective tax rate in the periods presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rates. The following table summarizes a reconciliation of the Company’s income taxes expenses: Three months ended March 31, 2021 2020 (unaudited) (unaudited) Computed expected benefits (25 )% (25 )% Effect of foreign tax rate difference 1 % 6 % Tax losses not recognized 27 % (19 )% Temporary difference not recognized (3 )% - % Income tax expense 0 % 0 % Three months ended March 31, 2021 2020 (unaudited) (unaudited) PRC statutory tax rate 25 % 25 % Computed expected benefits $ (19,990 ) $ (19,838 ) Effect of foreign tax rate difference 831 4,369 Tax losses not recognized 21,677 15,469 Temporary difference not recognized (2,518 ) - Income tax expense $ - $ - The following table sets forth the significant components of the aggregate deferred tax assets of the Company as of March 31, 2021: Three months ended March 31, 2021 2020 (unaudited) (unaudited) Deferred tax assets: Net operating loss carry forwards - United States of America $ 76,557 $ 44,440 - Hong Kong - - - PRC - 6,771 Less: valuation allowance (76,557 ) (51,211 ) Deferred tax assets $ - $ - Value Added Tax (“VAT”) In accordance with the relevant taxation laws in the PRC, the normal VAT rate for domestic sales is 17%, which is levied on the invoiced value of sales and is payable by the purchaser. SWSICL and SWIDCL enjoyed preferential VAT rate of 13%. The Company is required to remit the VAT it collects to the tax authority. A credit is available whereby VAT paid on purchases can be used to offset the VAT due on sales.

Lease Right-of-Use Asset and Le

Lease Right-of-Use Asset and Lease Liabilities	3 Months Ended
	Mar. 31, 2021
Leases [Abstract]
Lease Right-of-Use Asset and Lease Liabilities	14. LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES The Company implemented new accounting policy according to the ASC 842, Leases, on August 1, 2019 on a modified retrospective basis and did not restate comparative periods. Under the new policy, the Company recognized approximately US$50,530 lease liability as well as right-of-use asset for all leases (with the exception of short-term leases) at the commencement date. Lease liabilities are measured at present value of the sum of remaining rental payments as of March 31, 2021, with discounted rate of 4.75%. A single lease cost is recognized over the lease term on a generally straight-line basis. All cash payments of operating lease cost are classified within operating activities in the statement of cash flows. As of March 31, 2021 and December 31, 2020, the right-of use asset and lease liabilities are as follows: March 31, 2021 December 31, 2020 (unaudited) (audited) Within 1 year $ 43,280 $ 68,897 After 1 year but within 5 years 8,241 8,271 Total lease payments $ 51,521 $ 77,168 Less: unrecognized lease obligations (807 ) (1,510 ) Less: imputed interest - (138 ) Total lease obligations 50,714 75,520 Less: current obligations (45,013 ) (67,532 ) Long-term lease obligations $ 5,701 $ 8,126 Other information: Three months ended March 31, 2021 2020 (unaudited) (unaudited) Cash paid for amounts included in the measurement of lease liabilities: - Operating cash flow from operating lease $ 71,049 $ 50,200 Right-of-use assets obtained in exchange for operating lease liabilities 50,530 77,157 Remaining lease term for operating lease (years) 0.76 4.16 Weighted average discount rate for operating lease 4.75 % 5.0996

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	15. SUBSEQUENT EVENTS

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with US GAAP 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 consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made; however actual results could differ materially from those 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 Chinese Renminbi is not freely convertible into foreign currencies. Under the PRC Foreign Exchange Control Regulations and Administration of Settlement, Sales and Payment of Foreign Exchange Regulations, the Company is permitted to exchange Chinese Renminbi for foreign currencies through banks that are authorized to conduct foreign exchange business.
Accounts Receivable	Accounts Receivable Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of accounts receivable. The Company extends credit to its customers in the normal course of business and generally does not require collateral. The Company’s credit terms are dependent upon the segment, and the customer. The Company assesses the probability of collection from each customer at the outset of the arrangement based on a number of factors, including the customer’s payment history and its current creditworthiness. If in management’s judgment collection is not probable, the Company does not record revenue until the uncertainty is removed. Management performs ongoing credit evaluations, and the Company maintains an allowance for potential credit losses based upon its loss history and its aging analysis. The allowance for doubtful accounts is the Company’s best estimate of the amount of credit losses in existing accounts receivable. Management reviews the allowance for doubtful accounts each reporting period based on a detailed analysis of trade receivables. In the analysis, management primarily considers the age of the customer’s receivable, and also considers the creditworthiness of the customer, the economic conditions of the customer’s industry, general economic conditions and trends, and the business relationship and history with its customers, among other factors. If any of these factors change, the Company may also change its original estimates, which could impact the level of the Company’s future allowance for doubtful accounts. If judgments regarding the collectability of receivables were incorrect, adjustments to the allowance may be required, which would reduce profitability. Accounts receivable are recognized and carried at the original invoice amount less an allowance for any uncollectible amounts. An estimate for doubtful accounts receivable is made when collection of the full amount is no longer probable. Bad debts are written off as identified. No allowance for doubtful accounts was made for the period ended March 31, 2021.
Revenue Recognition	Revenue Recognition Revenue is generated through sale of goods, consultancy, integration and installation services. Revenue is recognized when a customer obtains control of promised goods or services and is recognized in an amount that reflects the consideration that the Company expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amount of revenue that is recorded reflects the consideration that the Company expects to receive in exchange for those goods and services. The Company applies the following five-step model in order to determine this amount: (i) identification of the promised goods and services in the contract; (ii) determination of whether the promised goods and services are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation. The Company adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606). Under Topic 606, the Company records revenue when persuasive evidence of an arrangement exists, delivery has occurred, the fee is fixed or determinable and collectability is probable. The Company records revenue from the sale of product upon shipment or delivery of the products to the customer. The Company allows for 12-month warranties to be purchased on the products. Our warranty includes the repair works for the unfunctional products, and the costs of the spare parts are not included in our warranty. In management’s opinion, there is no provision made for warranty provided. The revenue that generated through sale of goods are $3,668.
Shipping and Handling Costs	Shipping and handling costs Costs for shipping and handling activities, including those activities that occur subsequent to transfer of control to the customer, are recorded as cost of sales and are expensed as incurred. The Company accrues costs for shipping and handling activities that occur after control of the promised good has transferred to the customer.
Earnings Per Share	Earnings Per Share The Company reports earnings per share in accordance with ASC 260 “ Earnings Per Share The Company’s basic earnings per share is computed by dividing the net income available to holders by the weighted average number of the Company’s ordinary shares outstanding. Diluted earnings per share reflects the amount of net income available to each ordinary share outstanding during the period plus the number of additional shares that would have been outstanding if potentially dilutive securities had been issued.
Related Parties	Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.
Income Taxes	Income Taxes The Company accounts for income taxes using the asset and liability method prescribed by ASC 740 “ Income Taxes New U.S. federal tax legislation, commonly referred to as the Tax Cuts and Jobs Act (the “ U.S. Tax Reform
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 statements of operations. The reporting currency of the Company is United States Dollars (“US$”). The Company’s subsidiary in Seychelles, Hong Kong and PRC maintains its books and record in United States Dollars (“US$”), Hong Kong Dollars (“HK$”) and Chinese Renminbi (“CNY¥”) respectively. In general, for consolidation purposes, assets and liabilities of its subsidiary whose functional currency is not the US$ are translated into US$, in accordance with ASC Topic 830-30, “Translation of Financial Statement”, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of foreign subsidiary are recorded as a separate component of accumulated other comprehensive income within the statement of stockholders’ equity. Translation of amounts from the local currencies of the Company into US$ has been made at the following exchange rates for the respective periods: As of and for the March 31, 2021 Period-end HK$ : US$1 exchange rate 7.75 Period-average HK$ : US$1 exchange rate 7.75 Period-end CNY¥ : US$1 exchange rate 6.55 Period-average CNY¥ : US$1 exchange rate 6.49
Fair Value Measurement	Fair Value Measurement Accounting Standards Codification (“ ASC Fair Value Measurements and Disclosures This ASC establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2: Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity).
Recently Issued and Adopted Accounting Pronouncements	Recently issued and adopted accounting pronouncements In February 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842). Under the new guidance, lessees will be required recognize the following for all leases (with the exception of short-term leases) at the commencement date: 1) A lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and 2) A right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. The new lease guidance simplified the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and lease liabilities. Lessees will no longer be provided with a source of off-balance sheet financing. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018, including interim periods within those years. This standard takes effect for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. According to this new standard, the Company should record both right-of-use asset and lease liability of $50,530 on its consolidated financial statements for the period ended March 31, 2021. In June 2016, the FASB issued ASU 2016-13, Measurement of Credit Losses on Financial Instruments The Company reviews new accounting standards as issued. Management has not identified any other new standards that it believes will have a significant impact on the Company’s consolidated financial statements.
COVID-19 Uncertainty	COVID-19 Uncertainty An outbreak of respiratory illness caused by the novel coronavirus, commonly referred as “COVID-19” emerged in late 2019 and has spread globally. The COVID-19 is considered to be highly contagious and poses a serious public health threat. The World Health Organization labeled the COVID-19 outbreak as a pandemic on March 11, 2020, given its threat beyond a public health emergency of international concern the organization had declared on January 30, 2020. The epidemic has resulted in social-distancing restrictions, travel restrictions, and the temporary closure of stores and facilities during the past few months. The negative impacts of the COVID-19 outbreak on our business may include, but not strictly be limited to: - The uncertain economic conditions may refrain clients from engaging our services. - The operations of businesses in most industries have been, and could continue to be, negatively impacted by the epidemic, which may in turn adversely impact their business performance. For the period ended March 31, 2021, our revenue has been significantly decreased due to the impact of the COVID-19. We are unable to accurately predict the upcoming impact that the COVID-19 will have due to various uncertainties, including the ultimate geographic spread of the virus, the severity of the disease, the duration of the outbreak globally, and effectiveness of the actions that may be taken by governmental authorities. Additionally, it is possible that we may face similar difficulties from future events, such as this, should there be at any point another global pandemic. As of the current date, we do not believe that we have been directly impacted by Covid-19. However, economies throughout the world have been impacted significantly in a vast number of ways, and we cannot state with any level of certainty to what extent we may have been indirectly impacted by market conditions as a result of the pandemic and/or if the pandemic has forestalled, in any capacity, our growth to date.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Schedule of Foreign Currencies Translation Exchange Rate	Translation of amounts from the local currencies of the Company into US$ has been made at the following exchange rates for the respective periods: As of and for the March 31, 2021 Period-end HK$ : US$1 exchange rate 7.75 Period-average HK$ : US$1 exchange rate 7.75 Period-end CNY¥ : US$1 exchange rate 6.55 Period-average CNY¥ : US$1 exchange rate 6.49

Accounts Receivable (Tables)

Accounts Receivable (Tables)	3 Months Ended
	Mar. 31, 2021
Credit Loss [Abstract]
Schedule of Accounts Receivable	The receivable and allowance balances as of March 31, 2021 and December 31, 2020 are as follows: March 31, 2021 December 31, 2020 (unaudited) (audited) Accounts receivable $ 82,701 $ 188,360 Less: allowance for doubtful accounts - - Accounts receivable, net $ 82,701 $ 188,360

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2021
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consisted of the following as of March 31, 2021 and December 31, 2020: March 31, 2021 December 31, 2020 (unaudited) (audited) Finished goods $ 457,209 $ 466,363 Inventories $ 457,209 $ 466,363

Deposits Paid and Other Recei_2

Deposits Paid and Other Receivables (Tables)	3 Months Ended
	Mar. 31, 2021
Deposits Paid And Other Receivables
Schedule of Deposits Paid and Other Receivables	Deposits paid and other receivables consisted of the following as of March 31, 2021 and December 31, 2020: March 31, 2021 December 31, 2020 (unaudited) (audited) Deposits paid $ 1,648 $ 1,654 Loan to third parties 222,149 393,237 Rental income receivables 60,000 60,000 Others 24,052 19,088 Total deposits paid and other receivables $ 307,849 $ 473,979

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment consisted of the following as of March 31, 2021 and December 31, 2020: March 31, 2021 December 31, 2020 (unaudited) (audited) Office equipment $ 16,003 $ 16,003 Less: accumulated depreciation (4,881 ) (4,075 ) Property, plant and equipment, net $ 11,079 $ 11,928

Other Payables and Accrued Li_2

Other Payables and Accrued Liabilities (Tables)	3 Months Ended
	Mar. 31, 2021
Payables and Accruals [Abstract]
Schedule of Other Payables and Accrued Liabilities	Other payables and accrued liabilities consisted of the following as of March 31, 2021 and December 31, 2020: March 31, 2021 December 31, 2020 (unaudited) (audited) Other payables $ 97,631 $ 44,312 Accrued other expenses 48,330 99,329 Receipt in advance 68,674 61,269 Total other payables and accrued liabilities $ 214,635 $ 204,910

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2021
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Period Ended Year Ended Revenue: -SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ - $ 380 - WISEMAN CHIPS SMART TECHNOLOGY (SHENZHEN) CO., LIMITED - 1,780 Cost of revenue: - SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ - $ 10,017 - WISEMAN CHIPS SMART TECHNOLOGY (SHENZHEN) CO., LIMITED - 14,627 Inventories: - SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ 28,789 $ 34,523 Other income (cost): - SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ (5,665 ) $ (230,821 ) Prepayments: -SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ 63,333 $ 135,512 - WISEMAN CHIPS SMART TECHNOLOGY (SHENZHEN) CO., LIMITED 7,630 - Deposits paid and other receivables: - SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ 1,648 $ 1,654 Loan to related parties: - SHENZHEN WISEMAN SMART TECHNOLOGY GROUP CO., LIMITED $ 66,202 $ 22,976 - WISEMAN CHIPS SMART TECHNOLOGY (SHENZHEN) CO., LIMITED 91,565 91,903 - XIANGXI WISEMAN INVESTMENT DEVELOPMENT CO., LIMITED $ 105,300 $ 13,786 Amount due to related parties: - WENZHI WU $ 289 $ 290 Other payables and accrued liabilities: - XIANGXI WISEMAN INVESTMENT DEVELOPMENT CO., LIMITED $ 68,674 $ - Advance from a director: - JINPENG LAI $ 55,852 $ 53,635

Income Tax (Tables)

Income Tax (Tables)	3 Months Ended
	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation	The following table summarizes a reconciliation of the Company’s income taxes expenses: Three months ended March 31, 2021 2020 (unaudited) (unaudited) Computed expected benefits (25 )% (25 )% Effect of foreign tax rate difference 1 % 6 % Tax losses not recognized 27 % (19 )% Temporary difference not recognized (3 )% - % Income tax expense 0 % 0 % Three months ended March 31, 2021 2020 (unaudited) (unaudited) PRC statutory tax rate 25 % 25 % Computed expected benefits $ (19,990 ) $ (19,838 ) Effect of foreign tax rate difference 831 4,369 Tax losses not recognized 21,677 15,469 Temporary difference not recognized (2,518 ) - Income tax expense $ - $ -
Schedule of Deferred Tax Assets	The following table sets forth the significant components of the aggregate deferred tax assets of the Company as of March 31, 2021: Three months ended March 31, 2021 2020 (unaudited) (unaudited) Deferred tax assets: Net operating loss carry forwards - United States of America $ 76,557 $ 44,440 - Hong Kong - - - PRC - 6,771 Less: valuation allowance (76,557 ) (51,211 ) Deferred tax assets $ - $ -

Lease Right-Of-Use Asset and _2

Lease Right-Of-Use Asset and Lease Liabilities (Tables)	3 Months Ended
	Mar. 31, 2021
Leases [Abstract]
Schedule of Right-of Use Asset and Lease Liabilities	As of March 31, 2021 and December 31, 2020, the right-of use asset and lease liabilities are as follows: March 31, 2021 December 31, 2020 (unaudited) (audited) Within 1 year $ 43,280 $ 68,897 After 1 year but within 5 years 8,241 8,271 Total lease payments $ 51,521 $ 77,168 Less: unrecognized lease obligations (807 ) (1,510 ) Less: imputed interest - (138 ) Total lease obligations 50,714 75,520 Less: current obligations (45,013 ) (67,532 ) Long-term lease obligations $ 5,701 $ 8,126
Schedule of Other Information	Other information: Three months ended March 31, 2021 2020 (unaudited) (unaudited) Cash paid for amounts included in the measurement of lease liabilities: - Operating cash flow from operating lease $ 71,049 $ 50,200 Right-of-use assets obtained in exchange for operating lease liabilities 50,530 77,157 Remaining lease term for operating lease (years) 0.76 4.16 Weighted average discount rate for operating lease 4.75 % 5.0996

Organization and Business Acq_2

Organization and Business Acquisitions (Details Narrative)	Mar. 31, 2021	Aug. 12, 2019	Sep. 12, 2018	Sep. 07, 2018
Equity ownership percentage	66.00%
Parent Company [Member]
Percentage of acquired equity interest			100.00%
Wisdom Global Group Co. [Member]
Equity ownership percentage	100.00%
Percentage of acquired equity interest				100.00%
Wiseman Smart Industrial Co. [Member]
Percentage of acquired equity interest		100.00%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Allowance for doubtful accounts
Revenue from sale of goods	$ 3,668
Federal income tax rate	25.00%	25.00%
Right-of-use asset	$ 50,530		$ 75,520
Lease liability	$ 50,714		$ 75,520
Tax Cuts and Jobs Act [Member]
Income tax examination description	The U.S. Tax Reform modified the U.S. Internal Revenue Code by, among other things, reducing the statutory U.S. federal corporate income tax rate from 35% to 21% for taxable years beginning after December 31, 2017
Federal income tax rate	21.00%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Foreign Currencies Translation Exchange Rate (Details)	Mar. 31, 2021
Period-end HKD [Member]
Foreign currency translation exchange rate	7.75
Period-average HKD [Member]
Foreign currency translation exchange rate	7.75
Period-end CNY [Member]
Foreign currency translation exchange rate	6.55
Period-average CNY [Member]
Foreign currency translation exchange rate	6.49

Accounts Receivable - Schedule

Accounts Receivable - Schedule of Accounts Receivable (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Credit Loss [Abstract]
Accounts receivable	$ 82,701	$ 188,360
Less: allowance for doubtful accounts
Accounts receivable, net	$ 82,701	$ 188,360

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Finished goods	$ 457,209	$ 466,363
Inventories	$ 457,209	$ 466,363

Deposits Paid and Other Recei_3

Deposits Paid and Other Receivables (Details Narrative)	3 Months Ended
	Mar. 31, 2021
Percentage of interest rate	7.00%
Loan repayable, term	3 months
Minimum [Member]
Percentage of interest rate	3.00%
Maximum [Member]
Loan repayable, term	8 months

Deposits Paid and Other Recei_4

Deposits Paid and Other Receivables - Schedule of Deposits Paid and Other Receivables (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Deposits Paid And Other Receivables
Deposits paid	$ 1,648	$ 1,654
Loan to third parties	222,149	393,237
Rental income receivables	60,000	60,000
Other	24,052	19,088
Total deposits paid and other receivables	$ 307,849	$ 473,979

Property, Plant And Equipment_2

Property, Plant And Equipment (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation	$ 3,128	$ 12,310

Property, Plant And Equipment -

Property, Plant And Equipment - Schedule of Property, Plant And Equipment (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Less: accumulated depreciation	$ (4,881)	$ (4,075)
Property, plant and equipment, net	11,079	11,928
Office Equipment [Member]
Property, plant and equipment, gross	$ 16,003	$ 16,003

Other Payables and Accrued Li_3

Other Payables and Accrued Liabilities - Schedule of Other Payables and Accrued Liabilities (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Other payables	$ 97,631	$ 44,312
Accrued other expenses	48,330	99,329
Receipt in advance	68,674	61,269
Total other payables and accrued liabilities	$ 214,635	$ 204,910

Shareholders' Equity (Details N

Shareholders' Equity (Details Narrative) - shares	Mar. 31, 2021	Dec. 31, 2020
Equity [Abstract]
Common stock, shares issued	102,400,000	102,400,000
Common stock, shares outstanding	102,400,000	102,400,000

Advance From a Director (Detail

Advance From a Director (Details Narrative) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Advance from a director	$ 55,852	$ 53,635
Director [Member]
Advance from a director	$ 55,852	$ 53,635

Related Party Transactions (Det

Related Party Transactions (Details Narrative)	3 Months Ended
	Mar. 31, 2021
Related Party Transactions [Abstract]
Ownership percentage	66.00%
Percentage of interest rate	7.00%
Loan repayable, term	the repayment terms are 2 months, 8 months, or 1 year

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Transactions (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Revenue	$ 37,268	$ 101,681
Cost of revenue	2,827	$ 57,098
Inventories	457,209		$ 466,363
Deposits paid and other receivables	307,849		473,979
Loan to related parties	263,067		128,665
Advance from a director	55,852		53,635
Shenzhen Wiseman Smart Technology Group Co., Limited [Member]
Revenue			380
Cost of revenue			10,017
Inventories	28,789		34,523
Other income (cost)	(5,665)		(230,821)
Prepayments	63,333		135,512
Deposits paid and other receivables	1,648		1,654
Loan to related parties	66,202		22,976
Wiseman Chips Smart Technology (Shenzhen) Co., Limited [Member]
Revenue			1,780
Cost of revenue			14,627
Prepayments	7,630
Loan to related parties	91,565		91,903
Xiangxi Wiseman Investment Development Co., Limited [Member]
Loan to related parties	105,300		13,786
Other payables and accrued liabilities	68,674
WENZHI WU [Member]
Amount due to related parties	289		290
JINPENG LAI [Member]
Advance from a director	$ 55,852		$ 53,635

Income Tax (Details Narrative)

Income Tax (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Effective income tax rate	25.00%	25.00%
Effective income tax amount	$ 831	$ 4,369
Hong Kong [Member]
Effective income tax rate	16.50%
Effective income tax amount	$ 2,000,000
Effective income tax description	Hong Kong income tax at a tax rate of 16.5%. (the first HK$ 2 million (equivalent US$ 258,000) of profits earned by the company will be taxed at half the current tax rate (i.e., 8.25%) whilst the remaining profits will continue to be taxed at the existing 16.5% tax rate.)
United States of America [Member]
Effective income tax amount	$ 258,000
PRC [Member] | SWISCL and SWIDCL [Member]
Effective income tax rate	25.00%
Deferred taxes
Percentage for value added tax for domestic sales	17.00%
Percentage for preferential value added tax	13.00%

Income Tax - Schedule of Effect

Income Tax - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Computed expected benefits, percent	(25.00%)	(25.00%)
Effect of foreign tax rate difference, percent	1.00%	6.00%
Tax losses not recognized, percent	27.00%	(19.00%)
Temporary difference not recognized, percent	(3.00%)
Income tax expense, percent	0.00%	0.00%
PRC statutory tax rate	25.00%	25.00%
Computed expected benefits	$ (19,990)	$ (19,838)
Effect of foreign tax rate difference	831	4,369
Tax losses not recognized	21,677	15,469
Temporary differences not recognized	(2,518)
Income tax expense

Income Tax - Schedule of Deferr

Income Tax - Schedule of Deferred Tax Assets (Details) - USD ($)	Mar. 31, 2021	Mar. 31, 2020
Less: valuation allowance	$ (76,557)	$ (51,211)
Deferred tax assets
United States of America [Member]
Net operating loss carry forwards	76,557	44,440
Hong Kong [Member]
Net operating loss carry forwards
PRC [Member]
Net operating loss carry forwards		$ 6,771

Lease Right-of-Use Asset and _3

Lease Right-of-Use Asset and Lease Liabilities (Details Narrative) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Lease liability	$ 50,714	$ 75,520
Right-of-use asset	$ 50,530	$ 75,520
Operating lease discounted rate	4.75%

Lease Right-of-Use Asset and _4

Lease Right-of-Use Asset and Lease Liabilities - Schedule of Right-of Use Asset and Lease Liabilities (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Within 1 year	$ 43,280	$ 68,897
After 1 year but within 5 years	8,241	8,271
Total lease payments	51,521	77,168
Less: unrecognized lease obligations	(807)	(1,510)
Less: imputed interest		(138)
Total lease obligations	50,714	75,520
Less: current obligations	(45,013)	(67,532)
Long-term lease obligations	$ 5,701	$ 8,126

Lease Right-of-Use Asset and _5

Lease Right-of-Use Asset and Lease Liabilities - Schedule of Other Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Leases [Abstract]
Operating cash flow from operating lease	$ 71,049	$ 50,200
Right-of-use assets obtained in exchange for operating lease liabilities	$ 50,530	$ 77,157
Remaining lease term for operating lease (years)	9 months 3 days	4 years 1 month 27 days
Weighted average discount rate for operating lease	4.75%	509.96%