Top KingWin (WAI) 6-K/A 21 Jan 25 Current report (foreign) (amended) Financial data

Document And Entity Information

Document And Entity Information	6 Months Ended
	Jun. 30, 2024
Document Information Line Items
Entity Central Index Key	0001938865
Document Type	6-K/A
Entity Registrant Name	TOP KINGWIN LTD
Amendment Description	This amendment to the Form 6-K (“Form 6-K/A”) is being filed to amend the Form 6-K initially filed by Top KingWin Ltd (the “Company”) with the Securities and Exchange Commission on September 30, 2024 (the “Original Form 6-K”). The Company is furnishing this Form 6-K/A to supplement its six-month unaudited interim consolidated financial statements with pertinent financial footnotes. Except as set forth in the foregoing, the Original Form 6-K is unchanged.
Amendment Flag	true
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31

Unaudited Interim Condensed Con

Unaudited Interim Condensed Consolidated Balance Sheets - USD ($)		Jun. 30, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash		$ 3,098,787	$ 4,618,670
Restricted cash			30,310
Accounts receivable, net		297,161	504,472
Prepayments		51,394	203,126
Other receivables		234,559	137,691
Total current assets		4,154,081	6,613,368
NON-CURRENT ASSETS
Property and equipment, net		170,972	213,891
Intangible assets, net		71,425	46,365
Operating lease right-of-use assets		246,923	353,471
Goodwill		2,973,850	2,973,850
Other non-current assets		28,541	36,164
Total non-current assets		3,491,711	3,623,741
TOTAL ASSETS		7,645,792	10,237,109
CURRENT LIABILITIES
Accounts payable		334,718	497,484
Accounts payable - related party		9,977	146,903
Operating lease liabilities - current		197,982	192,159
Advance from clients		479,327	626,851
Taxes payable		10,776	64,120
Accruals and other payables		952,442	928,965
Total current liabilities		2,149,036	2,670,271
Operating lease liabilities - non-current		52,797	161,886
Total non-current liabilities		52,797	161,886
TOTAL LIABILITIES		2,201,833	2,832,157
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY
Additional paid-in capital		10,016,212	8,275,034
Statutory reserve		282,545	282,545
(Accumulated deficits) Retained earnings		(4,589,136)	(928,311)
Accumulated other comprehensive loss		(267,437)	(225,791)
Total shareholders’ equity		5,443,959	7,404,952
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY		7,645,792	10,237,109
Related Party
CURRENT ASSETS
Due from related parties		472,180	1,119,099
CURRENT LIABILITIES
Due to related parties		163,814	213,789
Class A Ordinary Shares
SHAREHOLDERS’ EQUITY
Ordinary shares, value	[1]	1,396	1,096
Class B Ordinary Shares
SHAREHOLDERS’ EQUITY
Ordinary shares, value		$ 379	$ 379
[1] Giving retroactive effect to the nominal issuance of shares effected on January 10, 2023

Unaudited Interim Condensed C_2

Unaudited Interim Condensed Consolidated Balance Sheets (Parentheticals) - $ / shares		Jun. 30, 2024	Dec. 31, 2023
Class A Ordinary Shares
Ordinary shares, par value (in Dollars per share)	[1]	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized	[1]	300,000,000	300,000,000
Ordinary shares, shares issued	[1]	10,963,040	13,963,040
Ordinary shares, shares outstanding	[1]	10,963,040	13,963,040
Class B Ordinary Shares
Ordinary shares, par value (in Dollars per share)		$ 0.0001	$ 0.0001
Ordinary shares, shares authorized		200,000,000	200,000,000
Ordinary shares, shares issued		3,786,960	3,786,960
Ordinary shares, shares outstanding		3,786,960	3,786,960
[1] Giving retroactive effect to the nominal issuance of shares effected on January 10, 2023

Unaudited Interim Condensed C_3

Unaudited Interim Condensed Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income - USD ($)		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
REVENUES		$ 1,351,121	$ 2,814,664
COST OF REVENUES		(981,389)	(746,661)
GROSS PROFIT		369,732	2,068,003
OPERATING EXPENSES
Selling expenses		(611,938)	(1,203,472)
General and administrative expenses		(3,444,910)	(1,877,461)
Total operating expenses		(4,056,848)	(3,080,933)
LOSS FROM OPERATIONS		(3,687,116)	(1,012,930)
OTHER INCOME (EXPENSE), NET
Other income		122,261	58,524
Other expense		(35,129)	(6,638)
Total other income, net		87,132	51,886
NET LOSS BEFORE INCOME TAXES		(3,599,984)	(961,044)
Income tax expense		(60,841)	(117,629)
NET LOSS		(3,660,825)	(1,078,673)
Other comprehensive loss
Foreign currency translation loss		(41,646)	(65,734)
TOTAL COMPREHENSIVE LOSS		$ (3,702,471)	$ (1,144,407)
Basic loss per share (in Dollars per share)	[1]	$ (0.21)	$ (0.08)
Diluted loss per share (in Dollars per share)	[1]	$ (0.21)	$ (0.08)
Weighted average number of common shares outstanding - basic (in Shares)	[1]	17,750,000	13,115,278
Weighted average number of common shares outstanding - diluted (in Shares)	[1]	17,750,000	13,115,278
[1] Giving retroactive effect to the nominal issuance of shares effected on January 10, 2023

Unaudited Interim Condensed Sta

Unaudited Interim Condensed Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities
Net loss	$ (3,660,825)	$ (1,078,673)
Adjustments to reconcile net income to cash (used in) operating activities:
Provision (reverse) for doubtful accounts	(14,357)	114,462
Depreciation and amortization	48,661	144,947
Non-cash operating lease expenses	106,548
Share-based compensation expenses	1,773,600
Foreign exchange gain	(42,850)
Deferred tax expenses		118,159
Changes in assets and liabilities
Accounts receivable	238,212	(761,458)
Other receivables	(96,868)	(68,925)
Prepayments	151,732	(366,835)
Accounts receivable - related party		(379,248)
Due from related parties	(234,387)
Other non-current assets	7,623	1,971
Accounts payable	(162,766)	257,028
Accruals and other payables	23,477	1,026,012
Advance from clients	(147,524)	423,795
Taxes payable	(53,344)	43,880
Operating lease liabilities	(103,266)	(102,504)
Net cash used in operating activities	(2,166,334)	(627,389)
Cash flows from investing activities
Purchase of property and equipment	(5,690)	13,284
Purchase of intangible assets	(29,761)	(4,028,815)
Net cash used in investing activities	(35,451)	(4,015,531)
Cash flows from financing activities
IPO proceeds net of deferred offering cost		8,047,056
Due from related parties	881,306
Due to related parties	(186,901)	(1,099,907)
Net cash provided by financing activities	694,405	6,947,149
Effect of exchange rates on cash	(42,813)	(65,734)
Net increase (decrease) in cash and restricted cash	(1,550,193)	2,238,495
Cash and restricted cash at beginning of period	4,648,980	2,654,185
Cash and restricted cash at end of period	3,098,787	4,892,680
Cash at end of period	3,098,787	4,892,680
Restricted cash at end of period
Cash and restricted cash at end of period	3,098,787	4,892,680
Supplemental disclosure information
Cash paid for interest expenses
Cash paid for income tax	420
Supplemental disclosure of non-cash financing activities:
Operating lease asset obtained in exchange for operating lease obligation		$ 103,499

General Information and Basis o

General Information and Basis of Presentation	6 Months Ended
	Jun. 30, 2024
General Information and Basis of Presentation [Abstract]
General information and basis of presentation	1. General information and basis of presentation General information Top KingWin Ltd and its consolidated subsidiaries (collectively referred to as the “Group” or the “Company”) primarily provide three main corporate services, including corporate business training, corporate consulting, advisory and transaction services to its clients in the People’s Republic of China (the “PRC”). Top KingWin Ltd (Referred as “KingWin”) is a holding company incorporated in Cayman Island on February 16, 2022 under the laws of the Cayman Islands. The Company has no substantial operations other than holding all of the outstanding share capital of Sky Kingwin Ltd (Referred as “KingWin BVI”) established under the laws of the British Virgin Islands on March 15, 2022. KingWin BVI is also a holding company holding all of the outstanding equity of SKY KINGWIN (HK) LIMITED (Referred as “KingWin HK”) which was incorporated in Hong Kong on April 19, 2022. KingWin HK is a holding company holding all of the outstanding equity of Guangdong Tiancheng Jinhui Enterprise Development Co., Ltd. (Referred as “Tiancheng Jinhui”) which was established on October 25, 2018 under the law of the PRC. Basis of Presentation The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) and applicable rules and regulations of the United States Securities and Exchange Commission (“SEC”). The accompanying unaudited interim condensed consolidated balance sheet as of June 30, 2024, the unaudited interim condensed consolidated statements of (loss) income and comprehensive (loss) income and cash flows for the six months ended June 30, 2024 and 2023, and the related footnote disclosures are unaudited. These unaudited interim condensed consolidated financial statements of the Company are prepared in accordance with U.S. GAAP for interim financial statements using accounting policies that are consistent with those used in the preparation of the Company’s audited consolidated financial statements for the year ended December 31, 2023. These unaudited interim condensed consolidated financial statements do not include all of the information and footnotes required by U.S. GAAP for annual financial statements. In the opinion of the Company’s management, the accompanying unaudited interim condensed consolidated financial statements contain all normal recurring adjustments necessary to present fairly the consolidated financial position, operating results and cash flows of the Company for each of the periods presented. These unaudited interim condensed consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements for the year ended December 31, 2023.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2024
Revenue Recognition [Abstract]
Revenue recognition	2. Revenue recognition The Company’s revenues are recognized when persuasive evidence of an arrangement exists, service has occurred, and all performance obligations have been performed pursuant to the terms of the agreement, the sales price is fixed or determinable and collectability is reasonably assured. The Company revenue agreements generally do not include a right of return in relation to the delivered products or services. Depending on the terms of the agreement and the laws that apply to the agreement, service obligations may be delivered over time or at a point in time. Control of the services is transferred over time if the Company’s performance: - provides all of the benefits received and consumed simultaneously by the client; - creates and enhances an asset that the client controls as the Company performs; or - does not create an asset with an alternative use to the Company and the Company has an enforceable right to payment for performance complete to date. If control of services transfers over time, revenue is recognized over the period of the agreement by reference to progress toward complete satisfaction of that performance obligation. Otherwise, revenue is recognized at a point in time when the client obtains control of the services. The Company currently generates its revenue from the following table presents revenues by service categories for the six months ended June 30, 2024 and 2023, respectively: For the Six Months Ended June 30, 2024 2023 Service Category $ % of $ % of Advisory and transaction services 146,515 10.8 % 1,256,894 44.7 % Corporate business training services 454,357 33.6 % 1,483,471 52.7 % Corporate consulting services 654,398 48.4 % 74,299 2.6 % Others 95,851 7.1 % - - % Total revenues 1,351,121 100 % 2,814,664 100 % Timing of revenue recognition For the six months ended 2024 2023 Point in Time 1,351,121 2,814,664 Over Time - - Total Revenue 1,351,121 2,814,664 The major customers which individually contributed more than 10% of total revenue of the Group for the six months ended June 30, 2024 and 2023 are listed as below: For the six months ended 2024 2023 Customer A - 19 % Customer B - 12 % Customer C - 11 %

Expenses by Nature

Expenses by Nature	6 Months Ended
	Jun. 30, 2024
Expenses by Nature [Abstract]
Expenses by nature	3. Expenses by nature For the six months ended 2024 2023 Cost of revenue (Note 3 (i)) 981,389 746,661 Payroll and employee benefits (Note 3 (ii)) 2,923,687 1,270,038 Depreciation and amortization (Note 3 (iii)) 48,661 144,947 Professional services fee 702,628 811,843 Provision (reverse) for credit loss (14,357 ) 114,462 Office and other expenses 396,229 739,643 Total cost of revenue, administrative expenses and selling expenses 5,038,237 3,827,594 For the Six Months Ended i) Service Category 2024 2023 Advisory and transaction services - - Corporate business training services 257,121 674,499 Corporate consulting services 724,268 72,162 Others - - For the Six Months Ended ii) Payroll and employee benefits: 2024 2023 Payroll and employee benefits incurred and classified as selling and administration expenses: Salaries, allowances, bonus, benefits and in kind 1,150,087 1,270,038 Contributions to defined contribution retirement plan - - Share based payments 1,773,600 - Payroll and employee benefits incurred and classified as cost of revenue 230,241 285,087 For the Six Months Ended iii) Depreciation and amortization ： 2024 2023 Property and equipment 43,960 13,129 Intangible assets 4,701 26,656 Right of use assets 106,548 105,162

Loss per share

Loss per share	6 Months Ended
	Jun. 30, 2024
Loss Per Share [Abstract]
Loss per share	4. Loss per share (a) Basic loss per ordinary share The calculation of basic loss per ordinary share is based on the loss attributable to ordinary equity shareholders of the Company divided by the weighted average number of ordinary shares outstanding. (b) Diluted loss per ordinary share Diluted loss per ordinary share is calculated by adjusting the weighted average number of ordinary shares outstanding to assume conversion of all potential dilutive ordinary shares. There was no difference between basic and diluted loss per ordinary share during the six months ended June 30, 2024 and 2023. The following table sets forth the basic and diluted net loss per share computation and provides a reconciliation of the numerator and denominator for the six months ended June 30, 2024 and 2023 presented: As of June 30, 2024 2023 Numerator: Net loss attributable to Top KingWin’s shareholders (3,660,825 ) (1,078,673 ) Denominator: ​ ​ Weighted average number of ordinary shares outstanding-basic and diluted* 17,750,000 13,115,278 Denominator for basic and diluted net loss per share calculation 17,750,000 13,115,278 Basic and diluted net loss per share attributable to ordinary shareholders of Top KingWin’s shareholders (0.21 ) (0.08 )

Property, Equipment and Intangi

Property, Equipment and Intangible Assets	6 Months Ended
	Jun. 30, 2024
Property, Equipment and Intangible Assets [Abstract]
Property, equipment and intangible assets	5. Property, equipment and intangible assets During the six months ended June 30, 2024, the Group incurred capital expenditure on property, equipment and intangible assets with a cost of $ 35,451 (six months ended June 30, 2023: $ 4,015,531). For the six-month ended June 30, 2024 and 2023, no impairment losses were recognized with respect to property, equipment, and intangible assets.

Business Combination and Goodwi

Business Combination and Goodwill	6 Months Ended
	Jun. 30, 2024
Business Combination and Goodwill [Abstract]
Business combination and goodwill	6. Business combination and goodwill In December 2023, Sky KingWin Ltd (referred to as “Buyer”) entered into an agreement with Future Scope Advisors LTD, Visionary Strategies LTD, Mr. Zhiliang Hu and Ms. Li Qian . This agreement allowed the Buyer to acquire 100% equity interest in Industrial Insights Consulting LTD. The Seller, consisting of Future Scope Advisors LTD (referred to as “Seller 1”), Visionary Strategies LTD (referred to as “Seller 2”), Zhiliang Hu (referred to as “Seller 3”), and Li Qian (referred to as “Seller 4”), collectively owned shares in Industry Insights Consulting LTD. Therefore, through the agreement with Industry Insights Consulting LTD, Sky KingWin Ltd obtained complete ownership of Industrial Insights Consulting LTD. The total cash transfer consideration of the transaction was $4,000,000. The acquisition of the 100 % equity interest in Industrial Insights Consulting LTD. was completed on December 20 2023 and was accounted for as a business combination using the purchase method of accounting. The purchase price allocation of the transaction was determined by the Company with the assistance of an independent appraisal firm based on the estimated fair value of the assets acquired and liabilities assumed as of the acquisition date. The most significant variables in the valuation are discount rate, terminal value, the number of years on which to base the cash flow projections, as well as the assumptions and estimates used to determine the cash inflows and outflows. The purchase price allocation to assets acquired and liabilities assumed as of the date of acquisition was as follows: Amounts Cash acquired $ 28,320 Accounts receivable, net 97,271 Prepayments 10,095 Other receivables, net 1,128,868 Property and equipment, net 4,906 Intangible assets, net 7,796 Accounts payable (120,591 ) Advance from clients (1,822 ) Accrued expenses and other payables (128,693 ) Goodwill 2,973,850 Total consideration $ 4,000,000 The impairment loss of goodwill for the six months ended June 30, 2024 was nil

Share-based payments

Share-based payments	6 Months Ended
	Jun. 30, 2024
Share-based payments [Abstract]
Share-based payments	7. Share-based payments The Corporation’s 2024 Equity Incentive Plan was formally adopted on February 22, 2024, with the objectives of fostering long-term corporate success, attracting and retaining high-caliber personnel, and aligning the interests of employees with those of the shareholders. The Plan encompasses a variety of equity grant options. In April 2024, under this scheme, a total of 3,000,000 Class A Ordinary Shares were granted to 11 employees and vested immediately and the exercise price was $0.5911 per share on May 1, 2024. The expense recognized for share-based compensation for the six-month period concluding on June 30, 2024, amounted to USD 1,773,300. Detailed information regarding the issuance and vesting of common shares is provided below:

Equities Roll Forward Schedule

Equities Roll Forward Schedule	6 Months Ended
	Jun. 30, 2024
Equities Roll Forward Schedule [Abstract]
Equities Roll forward Schedule	8. Equities Roll forward Schedule Class A Class B Additional paid-in Statutory (Accumulated deficits) Accumulated other comprehensive Total shareholders’ Shares* Amount Shares* Amount capital reserve earnings income (loss) equity Balance, December 31, 2023 $ 10,963,040 $ 1,096 3,786,960 $ 379 $ 8,275,034 $ 282,545 $ (928,311 ) $ (225,791 ) $ 7,404,952 Net loss (3,660,825 ) (3,660,825 ) Share-based payments 3,000,000 300 1,741,178 1,741,478 Foreign currency translation adjustment (41,646 ) (41,646 ) Balance, December 31, 2024 $ 13,963,040 $ 1,396 3,786,960 $ 379 $ 10,016,212 $ 282,545 $ (4,589,136 ) $ (267,437 ) $ 5,443,959

Material Related Party Transact

Material Related Party Transactions	6 Months Ended
	Jun. 30, 2024
Material Related Party Transactions [Abstract]
Material related party transactions	9. Material related party transactions Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operational decisions. The related parties that had transactions or balances with the Company for the six months ended June 30, 2023 and 2024 consisted of: Name of Related Parties Relationship with the Company Guangzhou Tiancheng Capital Management Group Co., Ltd. (“Tiancheng Capital”) The former shareholder of Tiancheng Jinhui from June 18, 2020 to June 30, 2022. And as of December 31, 2023, Mr. Ruilin Xu still holds 48.62% equity interest in Guangzhou Tiancheng Capital Management Group Co., Ltd. (“Tiancheng Capital”). The Company provided advisory and transaction services for Tiancheng Capital. Mr. Ruilin Xu The Company’s Chief Executive Officer and director, paid certain professional fees or salaries on behalf of the company. Mr. Siqi Cao The Company’s director, paid certain professional fees on behalf of the Company. Shenzhen CIC Consulting Co., Ltd. Mr. Zhiliang Hu holds 30% equity interest in Shenzhen Zhongtou Business Consulting Co., Ltd. Shenzhen Zhongtou Shunshi Investment Management Co.,Ltd. Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Shunshi Investment Management Co.,Ltd. Shenzhen Qianhai Jingwei Wisdom Investment Consultant Co.,Ltd. Both Mr. Zhiliang Hu and Ms. Xiaohuang Hong each hold a 50% equity interest in Shenzhen Zhongtou Big Data Technology Co., Ltd. Additionally, Ms. Xiaohuang Hong holds a 50% equity interest in Shenzhen Qianhai Jingwei Wisdom Investment Consultant Co., Ltd. Shenzhen Zhongtou Industrial Planning & Consulting Co.,Ltd. Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Industrial Planning & Consulting Co. Shenzhen Zhongtou Big Data Technology Co.,Ltd. Both Mr. Zhiliang Hu and Ms. Xiaohuang Hong each hold a 50% equity interest in Shenzhen Zhongtou Big Data Technology Co., Ltd. Ms. Li Qian Ms. Li Qian is the spouse of Mr. Zhiliang Hu. Shenzhen Zhongtou Industrial Treasure Network Co.,Ltd. Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Industrial Treasure Network Co. Mr. Zhiliang Hu Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Shunshi Investment Management Co., Ltd. Infinity worldwide holding.,Ltd. Infinity worldwide holding., Ltd is the shareholders of the company and holds 2.847% interest rights. Shaanxi Tiancheng Jinhui Investment Co., Ltd. (Formally known as “Shaanxi Tiancheng Enterprise Management Consulting Co., Ltd.”) Shaanxi Tiancheng Jinhui Investment Co., Ltd. is one of the Company’s suppliers, and Tiancheng Capital holds 52% equity interest in the party until December 8, 2021. Guangzhou Tianyi Technology Co., Ltd. (Formally known as “Tiancheng New Retail Investment Holding (Guangdong) Co., Ltd.”) Guangzhou Tianyi Technology Co., Ltd. is one of the Company’s suppliers, and Tiancheng Capital holds 51% equity interest in the party since March 3, 2020. Shenzhen Investment Consulting Co., Ltd. As of September 13, 2024, Mr. Zhiliang Hu hold 30% equity interest in Shenzhen Investment Consulting Co., Ltd. Mr. Guangyuan Wei As of November 5, 2024, Mr. Guangyuan Wei is the CEO and Chairman of Chongqing Tiancheng Jinhui Enterprise Management Consulting Co., Ltd. Mr. Hongqing Zhang Mr. Hongqing Zhang is the supervisors of Guangdong Tiancheng Jinhui Enterprise Development Group Co., Ltd. Key management personnel compensation As of As of 2024 2023 Short-term employment benefits (excluding discretionary bonus) 134,885 134,652 Discretionary bonus 3,004 10,474 Share based payments 1,773,600 - Except for the above, there is no other transactions between with the company and its related parties for the six months ended June 30, 2024 and 2023. Balances with related parties June 30, December 31, 2024 2023 Accounts payable-related party Guangzhou Tiancheng Capital Management Group Co., Ltd. $ 9,977 $ 146,903 $ 9,977 $ 146,903 Due from related parties Shenzhen CIC Consulting Co., Ltd. $ - $ 502,314 Shenzhen Zhongtou Shunshi Investment Management Co. 131,252 357,967 Shenzhen Qianhai Jingwei Wisdom Investment Consultant Co. 16,788 29,958 Shenzhen Zhongtou Industrial Planning & Consulting Co. 45,809 101,692 Shenzhen Zhongtou Big Data Technology Co. 16,334 25,606 Mr. Guangyuan Wei 1,238 - Ms. Li Qian - 12,253 Mr. Zhiliang Hu - 2,336 Shenzhen Investment Consulting Co., Ltd. 218,953 - Shenzhen Zhongtou Industrial Treasure Network Co. 40,538 86,973 Mr. Hongqing Zhang 1,268 - $ 472,180 $ 1,119,099 Due to related parties Mr. Ruilin Xu (the Company’s Chief Executive Officer) $ 29,035 $ 29,719 Infinity worldwide holding ltd 120,674 120,674 Shenzhen Qianhai Jingwei Wisdom Investment Consultant Co. - 2,817 Shenzhen Zhongtou Industrial Planning & Consulting Co. - 10,578 Shenzhen Zhongtou Industrial Treasure Network Co. - 25,775 Ms. Li Qian - 24,226 Mr. Zhiliang Hu 14,105 - $ 163,814 $ 213,789

Subsequent Event

Subsequent Event	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENT	10. Subsequent Event On September 5, 2024, the Company entered into a securities purchase agreement with 25 investors (the “Purchasers”), pursuant to which the Company agreed to sell up to $38,000,000 of Class A ordinary shares, par value $0.0001 each (the “Class A Ordinary Shares”), at a per share purchase price of $0.23 (the “Offering”). Upon satisfying all closing conditions, the Offering was consummated on September 10, 2024. The Company issued a total of 165,217,391 restricted Class A Ordinary Shares to the Purchasers. Upon closing of the Offering and as of the date of this report, there are 179,180,431 Class A Ordinary Shares issued and outstanding and 3,786,960 Class B ordinary shares, par value $0.0001 each, issued and outstanding. The Company plans to use the proceeds from this Offering to launch its AI powered IT solution business. The Company, through its subsidiary in China, plan to purchase servers and chips, leveraging its supply chain advantages, customize such hardware by installing AI-powered system and software solutions, and ultimately offer such integrated solutions to clients in the intelligent manufacturing, urban construction, and healthcare industries. On November 25, 2024, the Company entered into a securities purchase agreement with a selling shareholder (the “Selling Shareholder”). Following the fulfillment of all closing conditions, the Company issued a convertible note to the Selling Shareholder on November 26, 2024, in the original principal amount of $2,500,000 (the “Convertible Note”). The Convertible Note carries an annual interest rate of 11.75%, subject to periodic adjustments in accordance with its terms. The entire principal and any accrued interest on the Convertible Note will be due and payable twelve months after its issuance. The Selling Shareholder, however, has the option to extend the maturity for an additional twenty-four months, subject to mutual agreement. The Convertible Note includes an original issue discount of 10%. The Company is prohibited from prepaying any portion of the outstanding principal, accrued interest, or any unpaid late charges, if applicable. At any time after issuance, the Convertible Note may be converted into validly issued, fully paid, and non-assessable Class A Ordinary Shares in accordance with its terms and conditions. In the event of a Default, as defined in the Convertible Note, the Selling Shareholder may require the Company to redeem all or part of the Convertible Note by providing written notice. On December 30, 2024, Sky KingWin Ltd (“Sky KingWin”), a wholly-owned subsidiary of the Company, entered into certain share purchase agreement (the “Asset Disposition SPA”) with Industry Insights Consulting LTD (the “Target”), a wholly-owned subsidiary of Sky KingWin, and Bosera Asset Management Co., Ltd., a New York company. The Purchaser agreed to purchase the Target in exchange for cash consideration of USD 480,000 (the “Purchase Price”), the payment of which was due by January 15, 2025. On January 14, 2025, Sky KingWin and Bosera Asset Management Co., Ltd entered into a supplemental agreement to the Asset Disposition SPA (the “Supplemental Agreement”) and stipulated that the payment date for the Purchase Price is extended until March 31, 2025 (the “Extended Payment Date”). If the Purchase Price is not fully paid by the Extended Payment Date, a penalty of 1% will be applied to the remaining unpaid balance for each day the Purchase Price is delayed. All other terms of the SPA remain unchanged.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2024
General Information and Basis of Presentation [Abstract]
General information	General information Top KingWin Ltd and its consolidated subsidiaries (collectively referred to as the “Group” or the “Company”) primarily provide three main corporate services, including corporate business training, corporate consulting, advisory and transaction services to its clients in the People’s Republic of China (the “PRC”). Top KingWin Ltd (Referred as “KingWin”) is a holding company incorporated in Cayman Island on February 16, 2022 under the laws of the Cayman Islands. The Company has no substantial operations other than holding all of the outstanding share capital of Sky Kingwin Ltd (Referred as “KingWin BVI”) established under the laws of the British Virgin Islands on March 15, 2022. KingWin BVI is also a holding company holding all of the outstanding equity of SKY KINGWIN (HK) LIMITED (Referred as “KingWin HK”) which was incorporated in Hong Kong on April 19, 2022. KingWin HK is a holding company holding all of the outstanding equity of Guangdong Tiancheng Jinhui Enterprise Development Co., Ltd. (Referred as “Tiancheng Jinhui”) which was established on October 25, 2018 under the law of the PRC.
Basis of Presentation	Basis of Presentation The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) and applicable rules and regulations of the United States Securities and Exchange Commission (“SEC”). The accompanying unaudited interim condensed consolidated balance sheet as of June 30, 2024, the unaudited interim condensed consolidated statements of (loss) income and comprehensive (loss) income and cash flows for the six months ended June 30, 2024 and 2023, and the related footnote disclosures are unaudited. These unaudited interim condensed consolidated financial statements of the Company are prepared in accordance with U.S. GAAP for interim financial statements using accounting policies that are consistent with those used in the preparation of the Company’s audited consolidated financial statements for the year ended December 31, 2023. These unaudited interim condensed consolidated financial statements do not include all of the information and footnotes required by U.S. GAAP for annual financial statements. In the opinion of the Company’s management, the accompanying unaudited interim condensed consolidated financial statements contain all normal recurring adjustments necessary to present fairly the consolidated financial position, operating results and cash flows of the Company for each of the periods presented. These unaudited interim condensed consolidated financial statements should be read in conjunction with the Company’s consolidated financial statements for the year ended December 31, 2023.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2024
Revenue Recognition [Abstract]
Schedule of Revenues by Services	The Company currently generates its revenue from the following table presents revenues by service categories for the six months ended June 30, 2024 and 2023, respectively: For the Six Months Ended June 30, 2024 2023 Service Category $ % of $ % of Advisory and transaction services 146,515 10.8 % 1,256,894 44.7 % Corporate business training services 454,357 33.6 % 1,483,471 52.7 % Corporate consulting services 654,398 48.4 % 74,299 2.6 % Others 95,851 7.1 % - - % Total revenues 1,351,121 100 % 2,814,664 100 %
Schedule of Timing of Revenue Recognition	Timing of revenue recognition For the six months ended 2024 2023 Point in Time 1,351,121 2,814,664 Over Time - - Total Revenue 1,351,121 2,814,664
Schedule of Major Customers	The major customers which individually contributed more than 10% of total revenue of the Group for the six months ended June 30, 2024 and 2023 are listed as below: For the six months ended 2024 2023 Customer A - 19 % Customer B - 12 % Customer C - 11 %

Expenses by Nature (Tables)

Expenses by Nature (Tables)	6 Months Ended
	Jun. 30, 2024
Expenses by Nature [Abstract]
Schedule of Expenses by Nature	For the six months ended 2024 2023 Cost of revenue (Note 3 (i)) 981,389 746,661 Payroll and employee benefits (Note 3 (ii)) 2,923,687 1,270,038 Depreciation and amortization (Note 3 (iii)) 48,661 144,947 Professional services fee 702,628 811,843 Provision (reverse) for credit loss (14,357 ) 114,462 Office and other expenses 396,229 739,643 Total cost of revenue, administrative expenses and selling expenses 5,038,237 3,827,594
Schedule of Service Category	For the Six Months Ended i) Service Category 2024 2023 Advisory and transaction services - - Corporate business training services 257,121 674,499 Corporate consulting services 724,268 72,162 Others - -
Schedule of Payroll and Employee Benefits	For the Six Months Ended ii) Payroll and employee benefits: 2024 2023 Payroll and employee benefits incurred and classified as selling and administration expenses: Salaries, allowances, bonus, benefits and in kind 1,150,087 1,270,038 Contributions to defined contribution retirement plan - - Share based payments 1,773,600 - Payroll and employee benefits incurred and classified as cost of revenue 230,241 285,087
Schedule of Depreciation and Amortization	For the Six Months Ended iii) Depreciation and amortization ： 2024 2023 Property and equipment 43,960 13,129 Intangible assets 4,701 26,656 Right of use assets 106,548 105,162

Loss per share (Tables)

Loss per share (Tables)	6 Months Ended
	Jun. 30, 2024
Loss Per Share [Abstract]
Schedule of Basic and Diluted Net Loss Per Share	The following table sets forth the basic and diluted net loss per share computation and provides a reconciliation of the numerator and denominator for the six months ended June 30, 2024 and 2023 presented: As of June 30, 2024 2023 Numerator: Net loss attributable to Top KingWin’s shareholders (3,660,825 ) (1,078,673 ) Denominator: ​ ​ Weighted average number of ordinary shares outstanding-basic and diluted* 17,750,000 13,115,278 Denominator for basic and diluted net loss per share calculation 17,750,000 13,115,278 Basic and diluted net loss per share attributable to ordinary shareholders of Top KingWin’s shareholders (0.21 ) (0.08 )

Business Combination and Good_2

Business Combination and Goodwill (Tables)	6 Months Ended
	Jun. 30, 2024
Business Combination and Goodwill [Abstract]
Schedule of Purchase Price Allocation to Assets Acquired and Liabilities	The purchase price allocation to assets acquired and liabilities assumed as of the date of acquisition was as follows: Amounts Cash acquired $ 28,320 Accounts receivable, net 97,271 Prepayments 10,095 Other receivables, net 1,128,868 Property and equipment, net 4,906 Intangible assets, net 7,796 Accounts payable (120,591 ) Advance from clients (1,822 ) Accrued expenses and other payables (128,693 ) Goodwill 2,973,850 Total consideration $ 4,000,000

Equities Roll Forward Schedule

Equities Roll Forward Schedule (Tables)	6 Months Ended
	Jun. 30, 2024
Equities Roll Forward Schedule [Abstract]
Schedule of Equities Roll Forward Schedule	Class A Class B Additional paid-in Statutory (Accumulated deficits) Accumulated other comprehensive Total shareholders’ Shares* Amount Shares* Amount capital reserve earnings income (loss) equity Balance, December 31, 2023 $ 10,963,040 $ 1,096 3,786,960 $ 379 $ 8,275,034 $ 282,545 $ (928,311 ) $ (225,791 ) $ 7,404,952 Net loss (3,660,825 ) (3,660,825 ) Share-based payments 3,000,000 300 1,741,178 1,741,478 Foreign currency translation adjustment (41,646 ) (41,646 ) Balance, December 31, 2024 $ 13,963,040 $ 1,396 3,786,960 $ 379 $ 10,016,212 $ 282,545 $ (4,589,136 ) $ (267,437 ) $ 5,443,959

Material Related Party Transa_2

Material Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2024
Material Related Party Transactions [Abstract]
Schedule of Related Party Transactions or Balances with the Company	The related parties that had transactions or balances with the Company for the six months ended June 30, 2023 and 2024 consisted of: Name of Related Parties Relationship with the Company Guangzhou Tiancheng Capital Management Group Co., Ltd. (“Tiancheng Capital”) The former shareholder of Tiancheng Jinhui from June 18, 2020 to June 30, 2022. And as of December 31, 2023, Mr. Ruilin Xu still holds 48.62% equity interest in Guangzhou Tiancheng Capital Management Group Co., Ltd. (“Tiancheng Capital”). The Company provided advisory and transaction services for Tiancheng Capital. Mr. Ruilin Xu The Company’s Chief Executive Officer and director, paid certain professional fees or salaries on behalf of the company. Mr. Siqi Cao The Company’s director, paid certain professional fees on behalf of the Company. Shenzhen CIC Consulting Co., Ltd. Mr. Zhiliang Hu holds 30% equity interest in Shenzhen Zhongtou Business Consulting Co., Ltd. Shenzhen Zhongtou Shunshi Investment Management Co.,Ltd. Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Shunshi Investment Management Co.,Ltd. Shenzhen Qianhai Jingwei Wisdom Investment Consultant Co.,Ltd. Both Mr. Zhiliang Hu and Ms. Xiaohuang Hong each hold a 50% equity interest in Shenzhen Zhongtou Big Data Technology Co., Ltd. Additionally, Ms. Xiaohuang Hong holds a 50% equity interest in Shenzhen Qianhai Jingwei Wisdom Investment Consultant Co., Ltd. Shenzhen Zhongtou Industrial Planning & Consulting Co.,Ltd. Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Industrial Planning & Consulting Co. Shenzhen Zhongtou Big Data Technology Co.,Ltd. Both Mr. Zhiliang Hu and Ms. Xiaohuang Hong each hold a 50% equity interest in Shenzhen Zhongtou Big Data Technology Co., Ltd. Ms. Li Qian Ms. Li Qian is the spouse of Mr. Zhiliang Hu. Shenzhen Zhongtou Industrial Treasure Network Co.,Ltd. Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Industrial Treasure Network Co. Mr. Zhiliang Hu Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Shunshi Investment Management Co., Ltd. Infinity worldwide holding.,Ltd. Infinity worldwide holding., Ltd is the shareholders of the company and holds 2.847% interest rights. Shaanxi Tiancheng Jinhui Investment Co., Ltd. (Formally known as “Shaanxi Tiancheng Enterprise Management Consulting Co., Ltd.”) Shaanxi Tiancheng Jinhui Investment Co., Ltd. is one of the Company’s suppliers, and Tiancheng Capital holds 52% equity interest in the party until December 8, 2021. Guangzhou Tianyi Technology Co., Ltd. (Formally known as “Tiancheng New Retail Investment Holding (Guangdong) Co., Ltd.”) Guangzhou Tianyi Technology Co., Ltd. is one of the Company’s suppliers, and Tiancheng Capital holds 51% equity interest in the party since March 3, 2020. Shenzhen Investment Consulting Co., Ltd. As of September 13, 2024, Mr. Zhiliang Hu hold 30% equity interest in Shenzhen Investment Consulting Co., Ltd. Mr. Guangyuan Wei As of November 5, 2024, Mr. Guangyuan Wei is the CEO and Chairman of Chongqing Tiancheng Jinhui Enterprise Management Consulting Co., Ltd. Mr. Hongqing Zhang Mr. Hongqing Zhang is the supervisors of Guangdong Tiancheng Jinhui Enterprise Development Group Co., Ltd.
Schedule of Key Management Personnel Compensation	Key management personnel compensation As of As of 2024 2023 Short-term employment benefits (excluding discretionary bonus) 134,885 134,652 Discretionary bonus 3,004 10,474 Share based payments 1,773,600 -
Schedule of Balances with Related Party	Balances with related parties June 30, December 31, 2024 2023 Accounts payable-related party Guangzhou Tiancheng Capital Management Group Co., Ltd. $ 9,977 $ 146,903 $ 9,977 $ 146,903 Due from related parties Shenzhen CIC Consulting Co., Ltd. $ - $ 502,314 Shenzhen Zhongtou Shunshi Investment Management Co. 131,252 357,967 Shenzhen Qianhai Jingwei Wisdom Investment Consultant Co. 16,788 29,958 Shenzhen Zhongtou Industrial Planning & Consulting Co. 45,809 101,692 Shenzhen Zhongtou Big Data Technology Co. 16,334 25,606 Mr. Guangyuan Wei 1,238 - Ms. Li Qian - 12,253 Mr. Zhiliang Hu - 2,336 Shenzhen Investment Consulting Co., Ltd. 218,953 - Shenzhen Zhongtou Industrial Treasure Network Co. 40,538 86,973 Mr. Hongqing Zhang 1,268 - $ 472,180 $ 1,119,099 Due to related parties Mr. Ruilin Xu (the Company’s Chief Executive Officer) $ 29,035 $ 29,719 Infinity worldwide holding ltd 120,674 120,674 Shenzhen Qianhai Jingwei Wisdom Investment Consultant Co. - 2,817 Shenzhen Zhongtou Industrial Planning & Consulting Co. - 10,578 Shenzhen Zhongtou Industrial Treasure Network Co. - 25,775 Ms. Li Qian - 24,226 Mr. Zhiliang Hu 14,105 - $ 163,814 $ 213,789

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Revenues by Services (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Revenues by Services [Line Items]
Total revenues	$ 1,351,121	$ 2,814,664
Advisory and transaction services [Member]
Schedule of Revenues by Services [Line Items]
Revenues by service	146,515	1,256,894
Corporate business training services [Member]
Schedule of Revenues by Services [Line Items]
Revenues by service	454,357	1,483,471
Corporate consulting services [Member]
Schedule of Revenues by Services [Line Items]
Revenues by service	654,398	74,299
Others [Member]
Schedule of Revenues by Services [Line Items]
Revenues by service	$ 95,851
Customer Concentration Risk [Member] | Revenue Benchmark [Member]
Schedule of Revenues by Services [Line Items]
Percentage of revenues	100%	100%
Percentage of Total revenues	100%	100%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Advisory and transaction services [Member]
Schedule of Revenues by Services [Line Items]
Percentage of revenues	10.80%	44.70%
Percentage of Total revenues	10.80%	44.70%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Corporate business training services [Member]
Schedule of Revenues by Services [Line Items]
Percentage of revenues	33.60%	52.70%
Percentage of Total revenues	33.60%	52.70%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Corporate consulting services [Member]
Schedule of Revenues by Services [Line Items]
Percentage of revenues	48.40%	2.60%
Percentage of Total revenues	48.40%	2.60%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Others [Member]
Schedule of Revenues by Services [Line Items]
Percentage of revenues	7.10%
Percentage of Total revenues	7.10%

Revenue Recognition - Schedul_2

Revenue Recognition - Schedule of Timing of Revenue Recognition (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Timing of Revenue Recognition [Line Items]
Total Revenue	$ 1,351,121	$ 2,814,664
Point in Time [Member]
Schedule of Timing of Revenue Recognition [Line Items]
Total Revenue	1,351,121	2,814,664
Over Time [Member]
Schedule of Timing of Revenue Recognition [Line Items]
Total Revenue

Revenue Recognition - Schedul_3

Revenue Recognition - Schedule of Major Customers (Details) - Customer Concentration Risk [Member] - Revenue [Member]	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Customer A [Member]
Schedule of Major Customers [Line Items]
Concentration risk, Percentage		19%
Customer B [Member]
Schedule of Major Customers [Line Items]
Concentration risk, Percentage		12%
Customer C [Member]
Schedule of Major Customers [Line Items]
Concentration risk, Percentage		11%

Expenses by Nature - Schedule o

Expenses by Nature - Schedule of Expenses by Nature (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Expenses by Nature [Abstract]
Cost of revenue (Note 3 (i))	$ 981,389	$ 746,661
Payroll and employee benefits (Note 3 (ii))	2,923,687	1,270,038
Depreciation and amortization (Note 3 (iii))	48,661	144,947
Professional services fee	702,628	811,843
Provision (reverse) for credit loss	(14,357)	114,462
Office and other expenses	396,229	739,643
Total cost of revenue, administrative expenses and selling expenses	$ 5,038,237	$ 3,827,594

Expenses by Nature - Schedule_2

Expenses by Nature - Schedule of Service Category (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Advisory and Transaction Services [Member]
Schedule of Service Category [Line Items]
Total revenues
Corporate Business Training Services [Member]
Schedule of Service Category [Line Items]
Total revenues	257,121	674,499
Corporate Consulting Services [Member]
Schedule of Service Category [Line Items]
Total revenues	724,268	72,162
Others [Member]
Schedule of Service Category [Line Items]
Total revenues

Expenses by Nature - Schedule_3

Expenses by Nature - Schedule of Payroll and Employee Benefits (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Payroll and Employee Benefits [Abstract]
Salaries, allowances, bonus, benefits and in kind	$ 1,150,087	$ 1,270,038
Contributions to defined contribution retirement plan
Share based payments	1,773,600
Payroll and employee benefits incurred and classified as cost of revenue	$ 230,241	$ 285,087

Expenses by Nature - Schedule_4

Expenses by Nature - Schedule of Depreciation and Amortization (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Depreciation and Amortization [Abstract]
Property and equipment	$ 43,960	$ 13,129
Intangible assets	4,701	26,656
Right of use assets	$ 106,548	$ 105,162

Loss per share - Schedule of Ba

Loss per share - Schedule of Basic and Diluted Net Loss Per Share (Details) - USD ($)		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023
Numerator:
Net loss attributable to Top KingWin’s shareholders (in Dollars)		$ (3,660,825)	$ (1,078,673)
Denominator:
Weighted average number of ordinary shares outstanding basic	[1]	17,750,000	13,115,278
Weighted average number of ordinary shares outstanding diluted	[1]	17,750,000	13,115,278
Denominator for basic net loss per share calculation		17,750,000	13,115,278
Denominator for diluted net loss per share calculation		17,750,000	13,115,278
Basic net loss per share attributable to ordinary shareholders of Top KingWin’s shareholders (in Dollars per share)	[1]	$ (0.21)	$ (0.08)
Diluted net loss per share attributable to ordinary shareholders of Top KingWin’s shareholders (in Dollars per share)	[1]	$ (0.21)	$ (0.08)
[1] Giving retroactive effect to the nominal issuance of shares effected on January 10, 2023

Property, Equipment and Intan_2

Property, Equipment and Intangible Assets (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Property, Equipment and Intangible Assets [Abstract]
Property, equipment and intangible assets	$ (35,451)	$ (4,015,531)

Business Combination and Good_3

Business Combination and Goodwill (Details)	6 Months Ended
	Jun. 30, 2024 USD ($)
Business combination and goodwill [Line Items]
Total cash transfer consideration	$ 4,000,000
Impairment loss of goodwill
Sky KingWin Ltd [Member]
Business combination and goodwill [Line Items]
Acquire equity interest	100%
Insights Consulting LTD [Member]
Business combination and goodwill [Line Items]
Acquire equity interest	100%

Business Combination and Good_4

Business Combination and Goodwill - Schedule of Purchase Price Allocation to Assets Acquired and Liabilities (Details) - Business Combination [Member]	Jun. 30, 2024 USD ($)
Schedule of Purchase Price Allocation to Assets Acquired and Liabilities [Line Items
Cash acquired	$ 28,320
Accounts receivable, net	97,271
Prepayments	10,095
Other receivables, net	1,128,868
Property and equipment, net	4,906
Intangible assets, net	7,796
Accounts payable	(120,591)
Advance from clients	(1,822)
Accrued expenses and other payables	(128,693)
Goodwill	2,973,850
Total consideration	$ 4,000,000

Share-based payments (Details)

Share-based payments (Details) - Equity Incentive Plan [Member] - USD ($)		1 Months Ended	6 Months Ended
	May 01, 2024	Apr. 30, 2024	Jun. 30, 2024
Share-based payments [Line Items]
Exercise price	$ 0.5911
Share-based compensation			$ 1,773,300
Common Class A [Member]
Share-based payments [Line Items]
Granted shares		3,000,000

Equities Roll Forward Schedul_2

Equities Roll Forward Schedule - Schedule of Equities Roll Forward Schedule (Details) - USD ($)		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023
Schedule of Equities Roll Forward Schedule [Line Items]
Balance		$ 7,404,952
Net loss		(3,660,825)	$ (1,078,673)
Share-based payments		1,741,478
Foreign currency translation adjustment		(41,646)
Balance		$ 5,443,959
Class A [Member]
Schedule of Equities Roll Forward Schedule [Line Items]
Balance (in Shares)	[1]	13,963,040
Balance (in Shares)	[1]	10,963,040
Class B [Member]
Schedule of Equities Roll Forward Schedule [Line Items]
Balance (in Shares)		3,786,960
Balance (in Shares)		3,786,960
Ordinary Shares [Member] | Class A [Member]
Schedule of Equities Roll Forward Schedule [Line Items]
Balance (in Shares)		10,963,040
Balance		$ 1,096
Share-based payments (in Shares)		3,000,000
Share-based payments		$ 300
Balance (in Shares)		13,963,040
Balance		$ 1,396
Ordinary Shares [Member] | Class B [Member]
Schedule of Equities Roll Forward Schedule [Line Items]
Balance (in Shares)		3,786,960
Balance		$ 379
Balance (in Shares)		3,786,960
Balance		$ 379
Additional paid-in capital [Member]
Schedule of Equities Roll Forward Schedule [Line Items]
Balance		8,275,034
Share-based payments		1,741,178
Balance		10,016,212
Statutory Reserves [Member]
Schedule of Equities Roll Forward Schedule [Line Items]
Balance		282,545
Balance		282,545
(Accumulated deficits) earnings [Member]
Schedule of Equities Roll Forward Schedule [Line Items]
Balance		(928,311)
Net loss		(3,660,825)
Balance		(4,589,136)
Accumulated other comprehensive income (loss) [Member]
Schedule of Equities Roll Forward Schedule [Line Items]
Balance		(225,791)
Foreign currency translation adjustment		(41,646)
Balance		$ (267,437)
[1] Giving retroactive effect to the nominal issuance of shares effected on January 10, 2023

Material Related Party Transa_3

Material Related Party Transactions - Schedule of Related Party Transactions or Balances with the Company (Details)	6 Months Ended
	Jun. 30, 2024
Guangzhou Tiancheng Capital Management Group Co., Ltd. (“Tiancheng Capital”) [Member]
Related Party Transaction [Line Items]
Relationship with the Company	The former shareholder of Tiancheng Jinhui from June 18, 2020 to June 30, 2022. And as of December 31, 2023, Mr. Ruilin Xu still holds 48.62% equity interest in Guangzhou Tiancheng Capital Management Group Co., Ltd. (“Tiancheng Capital”). The Company provided advisory and transaction services for Tiancheng Capital.
Mr. Ruilin Xu [Member]
Related Party Transaction [Line Items]
Relationship with the Company	The Company’s Chief Executive Officer and director, paid certain professional fees or salaries on behalf of the company.
Mr. Siqi Cao [Member]
Related Party Transaction [Line Items]
Relationship with the Company	The Company’s director, paid certain professional fees on behalf of the Company.
Shenzhen CIC Consulting Co., Ltd.[Member]
Related Party Transaction [Line Items]
Relationship with the Company	Mr. Zhiliang Hu holds 30% equity interest in Shenzhen Zhongtou Business Consulting Co., Ltd.
Shenzhen Zhongtou Shunshi Investment Management Co.,Ltd. [Member]
Related Party Transaction [Line Items]
Relationship with the Company	Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Shunshi Investment Management Co.,Ltd.
Shenzhen Qianhai Jingwei Wisdom Investment Consultant Co.,Ltd.[Member]
Related Party Transaction [Line Items]
Relationship with the Company	Both Mr. Zhiliang Hu and Ms. Xiaohuang Hong each hold a 50% equity interest in Shenzhen Zhongtou Big Data Technology Co., Ltd. Additionally, Ms. Xiaohuang Hong holds a 50% equity interest in Shenzhen Qianhai Jingwei Wisdom Investment Consultant Co., Ltd.
Shenzhen Zhongtou Industrial Planning & Consulting Co.,Ltd.[Member]
Related Party Transaction [Line Items]
Relationship with the Company	Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Industrial Planning & Consulting Co.
Shenzhen Zhongtou Big Data Technology Co.,Ltd.[Member]
Related Party Transaction [Line Items]
Relationship with the Company	Both Mr. Zhiliang Hu and Ms. Xiaohuang Hong each hold a 50% equity interest in Shenzhen Zhongtou Big Data Technology Co., Ltd.
Ms. Li Qian [Member]
Related Party Transaction [Line Items]
Relationship with the Company	Ms. Li Qian is the spouse of Mr. Zhiliang Hu.
Shenzhen Zhongtou Industrial Treasure Network Co.,Ltd.[Member]
Related Party Transaction [Line Items]
Relationship with the Company	Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Industrial Treasure Network Co.
Mr. Zhiliang Hu [Member]
Related Party Transaction [Line Items]
Relationship with the Company	Mr. Zhiliang Hu holds 50% equity interest in Shenzhen Zhongtou Shunshi Investment Management Co., Ltd.
Infinity worldwide holding.,Ltd. [Member]
Related Party Transaction [Line Items]
Relationship with the Company	Infinity worldwide holding., Ltd is the shareholders of the company and holds 2.847% interest rights.
Shaanxi Tiancheng Jinhui Investment Co., Ltd. (Formally known as “Shaanxi Tiancheng Enterprise Management Consulting Co., Ltd.”) [Member]
Related Party Transaction [Line Items]
Relationship with the Company	Shaanxi Tiancheng Jinhui Investment Co., Ltd. is one of the Company’s suppliers, and Tiancheng Capital holds 52% equity interest in the party until December 8, 2021.
Guangzhou Tianyi Technology Co., Ltd. (Formally known as “Tiancheng New Retail Investment Holding (Guangdong) Co., Ltd.”) [Member]
Related Party Transaction [Line Items]
Relationship with the Company	Guangzhou Tianyi Technology Co., Ltd. is one of the Company’s suppliers, and Tiancheng Capital holds 51% equity interest in the party since March 3, 2020.
Shenzhen Investment Consulting Co., Ltd. [Member]
Related Party Transaction [Line Items]
Relationship with the Company	As of September 13, 2024, Mr. Zhiliang Hu hold 30% equity interest in Shenzhen Investment Consulting Co., Ltd.
Mr. Guangyuan Wei [Member]
Related Party Transaction [Line Items]
Relationship with the Company	As of November 5, 2024, Mr. Guangyuan Wei is the CEO and Chairman of Chongqing Tiancheng Jinhui Enterprise Management Consulting Co., Ltd.
Mr. Hongqing Zhang [Member]
Related Party Transaction [Line Items]
Relationship with the Company	Mr. Hongqing Zhang is the supervisors of Guangdong Tiancheng Jinhui Enterprise Development Group Co., Ltd.

Material Related Party Transa_4

Material Related Party Transactions - Schedule of Key Management Personnel Compensation (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Key Management Personnel Compensation [Abstract]
Short-term employment benefits (excluding discretionary bonus)	$ 134,885	$ 134,652
Discretionary bonus	3,004	10,474
Share based payments	$ 1,773,600

Material Related Party Transa_5

Material Related Party Transactions - Schedule of Balances with Related Party (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Accounts payable-related party
Accounts payable-related party	$ 9,977	$ 146,903
Guangzhou Tiancheng Capital Management Group Co., Ltd. [Member]
Accounts payable-related party
Accounts payable-related party	9,977	146,903
Shenzhen CIC Consulting Co., Ltd.[Member]
Due from related parties
Due from related parties		502,314
Shenzhen Zhongtou Shunshi Investment Management Co.[Member]
Due from related parties
Due from related parties	131,252	357,967
Shenzhen Qianhai Jingwei Wisdom Investment Consultant Co.[Member]
Due from related parties
Due from related parties	16,788	29,958
Due to related parties
Due to related parties		2,817
Shenzhen Zhongtou Industrial Planning & Consulting Co.[Member]
Due from related parties
Due from related parties	45,809	101,692
Due to related parties
Due to related parties		10,578
Shenzhen Zhongtou Big Data Technology Co.[Member]
Due from related parties
Due from related parties	16,334	25,606
Mr. Guangyuan Wei [Member]
Due from related parties
Due from related parties	1,238
Ms. Li Qian [Member]
Due from related parties
Due from related parties		12,253
Due to related parties
Due to related parties		24,226
Mr. Zhiliang Hu [Member]
Due from related parties
Due from related parties		2,336
Due to related parties
Due to related parties	14,105
Shenzhen Investment Consulting Co., Ltd. [Member]
Due from related parties
Due from related parties	218,953
Shenzhen Zhongtou Industrial Treasure Network Co.[Member]
Due from related parties
Due from related parties	40,538	86,973
Due to related parties
Due to related parties		25,775
Mr. Hongqing Zhang [Member]
Due from related parties
Due from related parties	1,268
Related Party [Member]
Due from related parties
Due from related parties	472,180	1,119,099
Due to related parties
Due to related parties	163,814	213,789
Mr. Ruilin Xu (the Company’s Chief Executive Officer) [Member]
Due to related parties
Due to related parties	29,035	29,719
Infinity worldwide holding ltd [Member]
Due to related parties
Due to related parties	$ 120,674	$ 120,674

Subsequent Event (Details)

Subsequent Event (Details) - Forecast [Member] - USD ($)	Sep. 05, 2025	Jan. 14, 2025	Dec. 30, 2024	Nov. 26, 2024	Nov. 25, 2024
Subsequent Event [Line Items]
Annual interest rate					11.75%
Discount rate					10%
Cash consideration (in Dollars)			$ 480,000
Penalty percentage		1%
Top KingWin Ltd [Member]
Subsequent Event [Line Items]
Sale of stock value (in Dollars)	$ 38,000,000
Convertible Notes [Member]
Subsequent Event [Line Items]
Principal amount (in Dollars)				$ 2,500,000
Class A Ordinary Shares [Member]
Subsequent Event [Line Items]
Ordinary shares, par value (in Dollars per share)	$ 0.0001
Purchase price per share (in Dollars per share)	$ 0.23
Restricted shares issued	165,217,391
Ordinary share issued	179,180,431
Ordinary share outstanding	179,180,431
Class B Ordinary Shares [Member]
Subsequent Event [Line Items]
Ordinary shares, par value (in Dollars per share)	$ 0.0001
Ordinary share issued	3,786,960
Ordinary share outstanding	3,786,960