Longwen (WYGC) 10-Q 14 May 24 2024 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2024	May 13, 2024
Entity Addresses [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2024
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	000-11596
Entity Registrant Name	LONGWEN GROUP CORP.
Entity Central Index Key	0000723533
Entity Tax Identification Number	95-3506403
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	RM 2404, Yin Zun Building,
Entity Address, Address Line Two	ZunBao Plaza
Entity Address, Address Line Three	Shangcheng Dist.
Entity Address, City or Town	Hangzhou City
Entity Address, Country	CN
City Area Code	86 0571
Local Phone Number	85128985
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		80,043,905
Former Address [Member]
Entity Addresses [Line Items]
Entity Address, Address Line One	RM 219, No. 25,
Entity Address, Address Line Two	Caihe Rd
Entity Address, Address Line Three	Shangcheng Dist.
Entity Address, Country	CN

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 34,790	$ 18,449
Inventories	44,230	40,373
Prepaid expenses and other current assets	17,484	45,628
Current assets from discontinued operations		480,569
Total current assets	96,504	585,019
Property and equipment, net	247,888	254,578
Intangible assets, net	2,770	2,994
Goodwill	1,132	1,132
TOTAL ASSETS	348,294	843,723
Current liabilities:
Accounts payable and accrued liabilities	146,444	119,469
Advances from customers		33,171
Current liabilities from discontinued operations		484,475
Total current liabilities	207,518	920,158
TOTAL LIABILITIES	207,518	920,158
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY
Preferred stock, $0.0001 par value, 50,000,000 authorized, nil shares issued and outstanding
Common stock, $0.0001 par value, 550,000,000 authorized, 79,676,232 and 78,775,094 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	7,968	7,878
Common stock issuable	10
Additional paid-in capital	20,662,731	19,970,306
Accumulated deficit	(20,533,644)	(20,054,293)
Accumulated other comprehensive income (loss)	3,711	(326)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)	140,776	(76,435)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	348,294	843,723
Shareholder [Member]
Current liabilities:
Loans from third parties	61,074	198,510
Third Parties [Member]
Current liabilities:
Loans from third parties		$ 84,533

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	550,000,000	550,000,000
Common stock, shares issued	79,676,232	78,775,094
Common stock, shares outstanding	79,676,232	78,775,094

Consolidated Statements of Oper

Consolidated Statements of Operations and Other Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Total revenues	$ 40,404	$ 19,108
Cost of revenues
Total cost of revenues	29,838	2,199
Gross profit	10,566	16,909
Operating expenses:
Professional expenses	35,655	73,155
Share-based compensation	360,000	500,000
Selling, general and administrative expenses	92,977	78,530
Total operating expenses	488,632	651,685
Loss from operations	(478,066)	(634,776)
Other income (expenses):
Interest expenses	(26)	(55)
Other expenses, net	(7,791)	(277)
Total other expenses, net	(7,817)	(332)
Net loss from continuing operations	(485,883)	(635,108)
Gain from discontinued operations (including disposal gain of $3,404 for the three months ended March 31, 2024)	6,532	16,019
Net loss	(479,351)	(619,089)
Other comprehensive income
Foreign currency translation gain	4,037	1,613
Comprehensive loss	$ (475,314)	$ (617,476)
Weighted average shares outstanding:
Weighted average shares outstanding: Basic	78,760,958	78,010,025
Weighted average shares outstanding: Diluted	78,760,958	78,010,025
Loss per share:
Continuing operation - Basic	$ (0.01)	$ (0.01)
Continuing operation - Diluted	(0.01)	(0.01)
Discontinued operations - Basic	0	0
Discontinued operations - Diluted	0	0
Loss per share: Basic	(0.01)	(0.01)
Loss per share: Diluted	$ (0.01)	$ (0.01)
Consulting Service Income [Member]
Revenues
Total revenues		$ 13,026
Online Product Sales [Member]
Revenues
Total revenues		6,082
Cost of revenues
Total cost of revenues		2,199
Offline Product Sales [Member]
Cost of revenues
Total cost of revenues	29,838
Offline Product Sales [Member] | Related Party [Member]
Revenues
Total revenues	16,710
Offline Product Sales [Member] | Nonrelated Party [Member]
Revenues
Total revenues	$ 23,694

Consolidated Statements of Op_2

Consolidated Statements of Operations and Other Comprehensive Loss (Unaudited) (Parenthetical)	3 Months Ended
	Mar. 31, 2024 USD ($)
Income Statement [Abstract]
Disposal gain	$ 3,404

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities:
Net loss	$ (479,351)	$ (619,089)
Adjustment to reconcile net loss used in operating activities:
Gain from discontinued operations	(6,532)	(16,019)
Depreciation and amortization	3,165	3,305
Share-based compensation	360,000	500,000
Changes in operating assets and liabilities:
Prepaid expenses and other current assets	30,133	34,613
Accounts receivable		(4,385)
Inventories	(4,562)	(41,945)
Accounts payable and accrued liabilities	29,080	21,638
Advances from customers	(32,757)
Net cash used in operating activities from continuing operations	(100,824)	(121,882)
Net cash used in operating activities from discontinued operations		(45,783)
Net cash used in operating activities	(100,824)	(167,665)
Cash flows from investing activities:
Purchase of property and equipment	(609)
Net cash used in investing activities	(609)
Cash flows from financing activities:
Proceeds from third parties		87,705
Proceeds from a shareholder	5,822
Repayment to shareholder	(140,596)	(14,618)
Proceeds from issuance of common stock	248,678
Net cash provided by financing activities from continuing operations	113,904	73,087
Net cash provided by financing activities from discontinued operations		46,776
Net cash used in financing activities	113,904	119,863
Effect of exchange rate changes in cash and cash equivalents from continuing operations	3,870	482
Effect of exchange rate changes in cash and cash equivalents from discontinued operations		(3)
Net increase (decrease) in cash and cash equivalents from continuing operations	16,341	(48,313)
Net increase in cash and cash equivalents from discontinued operations		990
Cash and cash equivalents, beginning balance	18,449	68,121
Cash and cash equivalents, ending balance	34,790	20,798
Supplement Disclosures:
Interest paid
Income tax paid
Supplemental Disclosures of Non-Cash Investing and Financing Activities
Repayment of commercial loan by related party on behalf of the Company		14,050
Common stocks issued for debt settlement	$ 83,847

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Common Stock Issuable [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Dec. 31, 2022		$ 7,411		$ 19,285,539	$ (19,027,835)	$ 5,840	$ 270,955
Balance, shares at Dec. 31, 2022		74,108,926
Shares issued for compensation		$ 500		499,500			500,000
Shares issued for compensation, shares		5,000,000
Other comprehensive income						1,613	1,613
Net loss					(619,089)		(619,089)
Balance at Mar. 31, 2023		$ 7,911		19,785,039	(19,646,924)	7,453	153,479
Balance, shares at Mar. 31, 2023		79,108,926
Balance at Dec. 31, 2023		$ 7,878		19,970,306	(20,054,293)	(326)	(76,435)
Balance, shares at Dec. 31, 2023		78,775,094
Shares issued for compensation		$ 120		359,880			360,000
Shares issued for compensation, shares		1,200,000
Share cancellation		$ (120)		120
Share cancellation, shares		(1,200,000)
Common stock issued for cash		$ 62		186,432			186,494
Common stock issued for cash, shares		621,648
Common stock issuable for cash received			10	62,174			62,184
Common stock issued for debt settlement		$ 28		83,819			83,847
Common stock issued for debt settlement, shares		279,490
Other comprehensive income						4,037	4,037
Net loss					(479,351)		(479,351)
Balance at Mar. 31, 2024		$ 7,968	$ 10	$ 20,662,731	$ (20,533,644)	$ 3,711	$ 140,776
Balance, shares at Mar. 31, 2024		79,676,232

ORGANIZATION AND PRINCIPAL ACTI

ORGANIZATION AND PRINCIPAL ACTIVITIES	3 Months Ended
	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND PRINCIPAL ACTIVITIES	NOTE 1 – ORGANIZATION AND PRINCIPAL ACTIVITIES Longwen Group Corp. (the “Company”), was originally incorporated as Expertelligence, Inc in the State of California on March 31, 1980 and reincorporated in the State of Nevada on November 17, 2005. On January 23, 2017 the Company amended its Articles of Incorporation (“Charter Amendment”) to affect its name change of Longwen Group Corp with trading symbol of “LWLW”. On April 23, 2024, pursuant to the Company’s majority shareholder consent and board approval dated on April 5, 2024, the Company amended its Article of Incorporation with Nevada State and changed its name to Wenyuan Group Corp. The name and symbol change are currently under the review by The Financial Industry Regulatory Authority (“FINRA”) . On February 23, 2022, the Company entered into an Acquisition Agreement with a third-party individual to acquire the 100 1,000 993 On October 11, 2022, the Company and its subsidiary, Hangzhou Wenyuan entered into an Acquisition Agreement with a third-party individual to acquire 100 1,000 141 139 On March 3, 2023, Hangzhou Wenyuan established a new subsidiary, Huzhou Wohong Fishery Co., Ltd. (“HWF”), to operate the aquacultural breeding, wholesale and retail of aquaculture products and etc. Due to the change in the economic situation and lower-than-expected sales of aquacultural products, our management decided to change the HWF’s operations and on March 27, 2024, HWF entered into an agreement with a counterparty to sell certain assets and liabilities of HWF. HWF was identified as discontinued operations with aquacultural products sales. Such assets and liabilities are classified as assets and liabilities held for sale, and the sale was closed on March 27, 2024. LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The accompanying unaudited consolidated financial statements include the accounts of the Company and its subsidiaries as described in Note 1. All significant intercompany transactions and balances have been eliminated in the consolidation. Basis of Presentation The unaudited consolidated financial statements presented herein have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and in accordance with the instructions to Regulation S-X. Accordingly, the financial statements do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments, including normal recurring adjustments, considered necessary for a fair statement of the financial statements have been included. Operating results for the three months ended March 31, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. Use of Estimates The preparation of the Company’s consolidated financial statements in conformity with GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the financial statements and footnotes thereto. Actual results may differ from those estimates and assumptions. Foreign Currency Transactions The Company’s consolidated financial statements are presented in U.S. dollars ($), which is the Company’s reporting and functional currency. The functional currencies of the Company’s subsidiaries including Hangzhou Wenyuan, HWAC and HWF, are RMB. The resulting translation adjustments are reported under other comprehensive loss in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 220 (“ASC 220”), “Reporting Comprehensive Income” The Company translates the assets and liabilities into U.S. dollars using the rate of exchange prevailing at the balance sheet date and the statements of operations and cash flows are translated at an average rate during the reporting period. Adjustments resulting from the translation from RMB into U.S. dollars are recorded in shareholders’ equity as part of accumulated other comprehensive loss. The exchange rate used for financial statements are as follows: SCHEDULE OF EXCHANGE RATE USED FOR FINANCIAL STATEMENTS 2024 2023 Average Rate for the three months ended March 31, 2024 2023 China yuan (RMB) RMB 7.1876 RMB 6.8411 United States dollar ($) $ 1.0000 $ 1.0000 March 31, 2024 December 31, 2023 Exchange Rate at March 31, 2024 December 31, 2023 China yuan (RMB) RMB 7.2203 RMB 7.0978 United States dollar ($) $ 1.0000 $ 1.0000 Foreign exchange rate $ 1.0000 $ 1.0000 LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS Inventories Inventories consist of finished products and are stated at the lower of cost or net realizable value. Cost is calculated by applying the weighted average cost method. The Company regularly reviews inventory quantities on hand and writes down to its net realizable value any inventory that it believes to be impaired. Management considers forecast demand in relation to the inventory on hand, competitiveness of product offerings, market conditions and product life cycles when determining excess and obsolescence and net realizable value adjustments. Once inventory is written down and a new cost basis is established, it is not written back up if demand increases. Property and equipment Depreciation on property and equipment is recognized on a straight-line basis over the estimated useful lives of the assets, for which the remaining term of the legal title for the office space and 3 Impairment of Long-Lived Assets The Company evaluates property and equipment and finite-lived intangible assets for impairment whenever events or circumstances indicate that the carrying amounts of such assets may not be recoverable. Recoverability is measured by comparing the carrying amount of an asset or an asset group to estimated undiscounted future net cash flows expected to be generated. If the carrying amount of the long–lived asset or asset group is not recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying amount exceeds its fair value. Fair value is determined through various valuation techniques including discounted cash flow models, quoted market values, and third–party independent appraisals, as considered necessary. Revenue Recognition The Company recognizes revenue when a customer obtains control of promised products or services, in an amount that reflects the consideration expected to be received in exchange for those products or services. The Company follows the five-step model prescribed under Topic 606: (i) identify the contract(s) with a customer; (ii) identify the performance obligation(s) in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligation(s) in the contract; and (v) recognize revenue when (or as) the Company satisfies each performance obligation. Revenues are presented net of any sales or value added taxes collected from customers and remitted to the government. The Company’s consulting service income consists of the delivery of focused insights and recommendations that assist customers with their challenges in developing and executing strategies around their trade business and financial reporting processes. The consulting services provided are fixed-fee arrangements that are generally in one-year term. The Company has concluded that each contract represents a single performance obligation as each is a single promise to deliver a customized engagement and deliverable. For the majority of these services, either practically or contractually, the work performed and delivered to the customer has no alternative use to the Company. Additionally, the Company maintains an enforceable right to payment at all times throughout the contract. The Company’s online product sales consists of selling products to end customers through online channel, such as apps embedded in Wechat. Revenue is recognized at a point in time when the product is delivered to and accepted by end customers. The Company’s aquaculture product sales consist of selling aquacultural products to customers through offline channel. Revenue is recognized at a point in time when the products are delivered to and accepted by end customers. The Company concludes the presentation of revenue generated from selling of aquaculture products is at a gross basis as the Company acts as a principal by controlling sales transactions provided to their customers. Due to the change of the economic situation and the sales of aquacultural products was not as expected, the management intended to change the Company’s operations and on March 27, 2024, the Company entered into an agreement with a counterparty to sell certain assets and liabilities of HWF. HWF was identified as discontinued operations with aquacultural products. Concentration During the three months ended March 31, 2024, the Company generated 41 19 12 63 20 100 Share-based Compensation The Company accounts for stock options and other equity-based compensation issued in accordance with ASC 718 “Stock Compensation”, which requires the measurement and recognition of compensation expense related to the fair value of equity-based compensation awards that are ultimately expected to vest. Stock-based compensation expense recognized includes the compensation cost for all share-based compensation payments granted to employees and nonemployees, net of estimated forfeitures, over the employees’ requisite service period or the non-employee performance period based on the grant date fair value estimated in accordance with the provisions of ASC 718. ASC 718 is also applied to awards modified, repurchased, or cancelled during the periods reported. LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS Income Taxes The Company accounts for income taxes under ASC 740, “ Income Taxes Related Parties The Company follows ASC 850, Related Party Disclosures, Fair Value Measurements Fair value accounting establishes a framework for measuring fair value and expands disclosure about fair value measurements. Fair value, which is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. This framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels as follows: ● Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liabilities, either directly or indirectly, for substantially the full term of the financial instruments. ● Level 3 inputs to the valuation methodology are unobservable and significant to the fair value. As of March 31, 2024 and December 31, 2023, the Company did not have any assets or liabilities that were required to be measured at fair value on a recurring basis or on a non-recurring basis. The carrying value of the Company’s cash, loans from third parties, shareholder loans and accounts payable and accrued liabilities approximates the fair value due to the short-term maturity. Segment Reporting Accounting Standards Codification (“ASC”) 280, “Segment Reporting,” requires public companies to report financial and descriptive information about their reportable operating segments. We identify our operating segments based on how our chief operating decision maker internally evaluates separate financial information, business activities and management responsibility. During the three months ended March 31, 2024 and 2023, the Company determined that we have one reportable segment as we manage the business from the geography location. Accounting Standards Issued but Not Yet Adopted In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280) Improvements to Reportable Segment Disclosures In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures There were also other updates recently issued and the management does not believe that other than disclosed above, accounting pronouncements the recently issued but not yet adopted will have a material impact on its financial position results of operations or cash flows. LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

GOING CONCERN

GOING CONCERN	3 Months Ended
	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 3 – GOING CONCERN The Company’s consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and settlement of liabilities and commitments in the normal course of business. During the three months ended March 31, 2024, the Company incurred a net loss of $ 479,351 20,533,644 The Company’s future success is dependent upon its ability to acquire and achieve business with profitable operations, generate cash from operating activities and obtain additional financing. The Company intends to raise funds from the issuance of equity and/or debt securities, but there is no assurance that additional funds from the issuance of equity will be available for the Company to finance its operations on acceptable terms, or at all. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	3 Months Ended
	Mar. 31, 2024
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	NOTE 4 – PROPERTY AND EQUIPMENT, NET As of March 31, 2024 and December 31, 2023, property and equipment consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT, NET March 31, 2024 December 31, 2023 Equipment $ 7,693 $ 7,209 Property 259,178 263,651 Less: accumulated depreciation (18,983 ) (16,282 ) Total property and equipment, net $ 247,888 $ 254,578 On September 28, 2022, the Company consummated an office suite purchase agreement with a third party. Pursuant to the agreement, the Company issued 2,651,780 265,178 2,108 3,892 263,070 Depreciation expenses were $ 3,165 3,305 LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

LOANS FROM THIRD PARTIES

LOANS FROM THIRD PARTIES	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
LOANS FROM THIRD PARTIES	NOTE 5 – LOANS FROM THIRD PARTIES The Company’s loans from third parties consisted of the following as of March 31, 2024 and December 31, 2023: SCHEDULE OF LOANS FROM THIRD PARTIES March 31, 2024 December 31, 2023 Loan from a third-party lender; unsecure, bearing an interest rate of 0.5% per annum, and due in one year $ — $ 84,533 Loan from a third-party lender; unsecure, bearing an interest rate of 0.5 $ — $ 84,533 Total loans — 84,533 Less: current portion — (84,533 ) Total non-current portion $ — $ — On December 31, 2019, the Company entered into a loan agreement of $ 12,250 300 500 12,250 1,800 14,050 During the three months ended March 31, 2023, the Company borrowed $ 46,776 320,000 December 30, 2023 76,934 550,000 123,710 870,000 During the three months ended March 31, 2023, the Company borrowed $ 87,705 600,000 0.5 279,490 83,847 83,847 603,000 26 55 LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 6 – STOCKHOLDERS’ EQUITY Common Stocks As of March 31, 2024 and December 31, 2023, the Company had 79,676,232 78,775,094 In May and June 2023, the Company sold a total of 336,168 0.20 150,000 0.28 The Company relied upon Regulation S of the Securities Act of 1933, as amended, for the sale of these securities. No commissions were paid regarding the share issuance and the share certificates were issued with a Rule 144 restrictive legend. During the three months ended March 31, 2024, the Company sold 621,648 shares of common stock to fifteen non-U.S. investors at $ 0.30 per share, with total proceeds of $ 186,494 62,184 . These stocks were subsequently issued on April 3, 2024, at a price of $ 0.60 on February 18, 2024, the Company converted a loan in the total amount of 83,847 with a related party, to exchange issuance of 279,490 shares of the common stock of the company to the related party, at 0.30 per share. LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS NOTE 6 – STOCKHOLDERS’ EQUITY (continued) 2022 Equity Incentive Plan On November 7, 2022, the Board adopted an equity incentive plan to increase stockholder value and to advance the interests of the Company by furnishing a variety of economic incentives (“Incentives”) designed to attract, retain and motivate employees, certain key consultants and directors of the Company (the “2022 Equity Incentive Plan”). Under the 2022 Equity Incentive Plan, the Company can issue up to 10,000,000 On January 19, 2023, the Company granted total 5,000,000 500,000 1,200,000 1,200,000 On June 29, 2023, the Company granted a total of 200,000 40,000 550,000 0.20 180,000 36,000 550,000 180,000 370,000 During the three months ended March 31, 2024, the Company granted 1,200,000 360,000 As of March 31, 2024 and December 31, 2023, the Company’s common shares issuable under the 2022 Equity Incentive Plan totaled 1,570,000 1,570,000 2023 Equity Incentive Plan As of March 31, 2024 and December 31, 2023, no shares have been issued under the Company’s 2023 Equity Incentive Plan, and the Company’s common shares issuable under the 2023 Equity Incentive Plan totaled 5,000,000 5,000,000 A summary of equity incentive activities for the three months ended March 31, 2024 is as follows: SCHEDULE OF EQUITY INCENTIVE ACTIVITIES Number of Shares Weighted Average Grant Date Fair Value Issued and vested as of January 1, 2023 4,250,000 0.10 Granted and vested 5,750,000 0.11 Forfeited and cancelled (1,570,000 ) 0.12 Issued and vested as of January 1, 2024 8,430,000 $ 0.10 Forfeited and cancelled (1,200,000 ) 0.10 Granted and vested 1,200,000 0.30 Issued and vested as of March 31, 2024 8,430,000 $ 0.13 The total fair value of shares issued for incentive that vested was $ 0.36 0.50 LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 8 – RELATED PARTY TRANSACTIONS During the three months ended March 31, 2022, the Company borrowed total $ 82,107 14,618 100,000 2,359 23,000 71,165 2,350 64,770 465,544 5,575 820 During the three months ended March 31, 2023, the wife of President of the Company, repaid commercial loan and accrued interest in the total amount of $ 14,050 5,822 75,824 55,499 127,345 The President’s wife further paid expenses in the total amount of $ 2,868 During the three months ended March 31, 2024, the Company recognized employee compensation expenses of $ 4,341 32,353 31,446 The Company conducted offline product sales to a closed relative of the President’s wife, totaling $ 16,710 for the three months ending March 31, 2024. As of March 31, 2024, the entire sales transaction was paid off by the related party. During the three months ended March 31, 2023, the Company purchased inventory in the total amount of $ 40,373 39,555 40,373 818

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	3 Months Ended
	Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	NOTE 9 – DISCONTINUED OPERATIONS Management intended to change its operation focus and entered into an agreement with a counterparty to sell certain assets and liabilities of HWF as of March 31, 2024 for consideration of $ nil which met the criteria to be reported as a discontinued operation and HWF as identified as discontinued operations as a result. SCHEDULE OF DISCONTINUED OPERATIONS Total disposed assets and liabilities from discontinued operations as of March 31, 2024, were as below: March 31, 2024 ASSETS Current assets Prepaid expenses and other current assets 736 Accounts receivable $ 471,066 Total current assets $ 471,802 TOTAL ASSETS DISPOSED FROM DISCONTINUED OPERATIONS $ 471,802 LIABILITIES Current liabilities: Accounts payable and accrued liabilities $ 461,201 Other payable 14,005 Total current liabilities 475,206 TOTAL LIABILITIES DISPOSED FROM DISCONTINUED OPERATIONS $ 475,206 Disposal gain $ 3,404 LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS For the three months ended March 31, 2024 and 2023, results of operations from HWF are as below: For the months ended March 31, 2024 2023 Revenues Aquaculture product sales $ - $ 221,601 Total revenues - 221,601 Cost of revenues Cost of Aquaculture product - 199,156 Total cost of revenues - 199,156 Gross profit - 22,445 Operating expenses: Selling, general and administrative expenses - 5,375 Total operating expenses - 5,375 Income from operations of discontinued operations - 17,070 Other expenses: Other expenses, net 13 208 Total other expenses, net 13 208 Net (loss) income before income tax from discontinued operations (13 ) 16,862 Income tax recovery (expense) 3,141 (843 ) Net income from discontinued operations, net of taxes before gain from sale of discontinued operations 3,128 16,019 Gain from sale of discontinued operations, net of taxes 3,404 - Loss from discontinued operations $ 6,532 16,019

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 10 – SUBSEQUENT EVENTS The Company has evaluated subsequent events through the date the financial statements were issued and filed with the Securities and Exchange Commission. Based on our evaluation, no other event has occurred requiring adjustment or disclosure, except the following: On April 3, 2024, the Company issued 333,195 0.60 62,184 137,735 34,478 0.60 On April 10, 2024, Hangzhou Yusu was renamed to Hangzhou Wenyuan Art and Culture Co., Ltd. (“HWAC”)

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying unaudited consolidated financial statements include the accounts of the Company and its subsidiaries as described in Note 1. All significant intercompany transactions and balances have been eliminated in the consolidation.
Basis of Presentation	Basis of Presentation The unaudited consolidated financial statements presented herein have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and in accordance with the instructions to Regulation S-X. Accordingly, the financial statements do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments, including normal recurring adjustments, considered necessary for a fair statement of the financial statements have been included. Operating results for the three months ended March 31, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024.
Use of Estimates	Use of Estimates The preparation of the Company’s consolidated financial statements in conformity with GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the financial statements and footnotes thereto. Actual results may differ from those estimates and assumptions.
Foreign Currency Transactions	Foreign Currency Transactions The Company’s consolidated financial statements are presented in U.S. dollars ($), which is the Company’s reporting and functional currency. The functional currencies of the Company’s subsidiaries including Hangzhou Wenyuan, HWAC and HWF, are RMB. The resulting translation adjustments are reported under other comprehensive loss in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 220 (“ASC 220”), “Reporting Comprehensive Income” The Company translates the assets and liabilities into U.S. dollars using the rate of exchange prevailing at the balance sheet date and the statements of operations and cash flows are translated at an average rate during the reporting period. Adjustments resulting from the translation from RMB into U.S. dollars are recorded in shareholders’ equity as part of accumulated other comprehensive loss. The exchange rate used for financial statements are as follows: SCHEDULE OF EXCHANGE RATE USED FOR FINANCIAL STATEMENTS 2024 2023 Average Rate for the three months ended March 31, 2024 2023 China yuan (RMB) RMB 7.1876 RMB 6.8411 United States dollar ($) $ 1.0000 $ 1.0000 March 31, 2024 December 31, 2023 Exchange Rate at March 31, 2024 December 31, 2023 China yuan (RMB) RMB 7.2203 RMB 7.0978 United States dollar ($) $ 1.0000 $ 1.0000 Foreign exchange rate $ 1.0000 $ 1.0000 LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
Inventories	Inventories Inventories consist of finished products and are stated at the lower of cost or net realizable value. Cost is calculated by applying the weighted average cost method. The Company regularly reviews inventory quantities on hand and writes down to its net realizable value any inventory that it believes to be impaired. Management considers forecast demand in relation to the inventory on hand, competitiveness of product offerings, market conditions and product life cycles when determining excess and obsolescence and net realizable value adjustments. Once inventory is written down and a new cost basis is established, it is not written back up if demand increases.
Property and equipment	Property and equipment Depreciation on property and equipment is recognized on a straight-line basis over the estimated useful lives of the assets, for which the remaining term of the legal title for the office space and 3
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company evaluates property and equipment and finite-lived intangible assets for impairment whenever events or circumstances indicate that the carrying amounts of such assets may not be recoverable. Recoverability is measured by comparing the carrying amount of an asset or an asset group to estimated undiscounted future net cash flows expected to be generated. If the carrying amount of the long–lived asset or asset group is not recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying amount exceeds its fair value. Fair value is determined through various valuation techniques including discounted cash flow models, quoted market values, and third–party independent appraisals, as considered necessary.
Revenue Recognition	Revenue Recognition The Company recognizes revenue when a customer obtains control of promised products or services, in an amount that reflects the consideration expected to be received in exchange for those products or services. The Company follows the five-step model prescribed under Topic 606: (i) identify the contract(s) with a customer; (ii) identify the performance obligation(s) in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligation(s) in the contract; and (v) recognize revenue when (or as) the Company satisfies each performance obligation. Revenues are presented net of any sales or value added taxes collected from customers and remitted to the government. The Company’s consulting service income consists of the delivery of focused insights and recommendations that assist customers with their challenges in developing and executing strategies around their trade business and financial reporting processes. The consulting services provided are fixed-fee arrangements that are generally in one-year term. The Company has concluded that each contract represents a single performance obligation as each is a single promise to deliver a customized engagement and deliverable. For the majority of these services, either practically or contractually, the work performed and delivered to the customer has no alternative use to the Company. Additionally, the Company maintains an enforceable right to payment at all times throughout the contract. The Company’s online product sales consists of selling products to end customers through online channel, such as apps embedded in Wechat. Revenue is recognized at a point in time when the product is delivered to and accepted by end customers. The Company’s aquaculture product sales consist of selling aquacultural products to customers through offline channel. Revenue is recognized at a point in time when the products are delivered to and accepted by end customers. The Company concludes the presentation of revenue generated from selling of aquaculture products is at a gross basis as the Company acts as a principal by controlling sales transactions provided to their customers. Due to the change of the economic situation and the sales of aquacultural products was not as expected, the management intended to change the Company’s operations and on March 27, 2024, the Company entered into an agreement with a counterparty to sell certain assets and liabilities of HWF. HWF was identified as discontinued operations with aquacultural products.
Concentration	Concentration During the three months ended March 31, 2024, the Company generated 41 19 12 63 20 100
Share-based Compensation	Share-based Compensation The Company accounts for stock options and other equity-based compensation issued in accordance with ASC 718 “Stock Compensation”, which requires the measurement and recognition of compensation expense related to the fair value of equity-based compensation awards that are ultimately expected to vest. Stock-based compensation expense recognized includes the compensation cost for all share-based compensation payments granted to employees and nonemployees, net of estimated forfeitures, over the employees’ requisite service period or the non-employee performance period based on the grant date fair value estimated in accordance with the provisions of ASC 718. ASC 718 is also applied to awards modified, repurchased, or cancelled during the periods reported. LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
Income Taxes	Income Taxes The Company accounts for income taxes under ASC 740, “ Income Taxes
Related Parties	Related Parties The Company follows ASC 850, Related Party Disclosures,
Fair Value Measurements	Fair Value Measurements Fair value accounting establishes a framework for measuring fair value and expands disclosure about fair value measurements. Fair value, which is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. This framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels as follows: ● Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liabilities, either directly or indirectly, for substantially the full term of the financial instruments. ● Level 3 inputs to the valuation methodology are unobservable and significant to the fair value. As of March 31, 2024 and December 31, 2023, the Company did not have any assets or liabilities that were required to be measured at fair value on a recurring basis or on a non-recurring basis. The carrying value of the Company’s cash, loans from third parties, shareholder loans and accounts payable and accrued liabilities approximates the fair value due to the short-term maturity.
Segment Reporting	Segment Reporting Accounting Standards Codification (“ASC”) 280, “Segment Reporting,” requires public companies to report financial and descriptive information about their reportable operating segments. We identify our operating segments based on how our chief operating decision maker internally evaluates separate financial information, business activities and management responsibility. During the three months ended March 31, 2024 and 2023, the Company determined that we have one reportable segment as we manage the business from the geography location.
Accounting Standards Issued but Not Yet Adopted	Accounting Standards Issued but Not Yet Adopted In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280) Improvements to Reportable Segment Disclosures In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures There were also other updates recently issued and the management does not believe that other than disclosed above, accounting pronouncements the recently issued but not yet adopted will have a material impact on its financial position results of operations or cash flows.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
SCHEDULE OF EXCHANGE RATE USED FOR FINANCIAL STATEMENTS	SCHEDULE OF EXCHANGE RATE USED FOR FINANCIAL STATEMENTS 2024 2023 Average Rate for the three months ended March 31, 2024 2023 China yuan (RMB) RMB 7.1876 RMB 6.8411 United States dollar ($) $ 1.0000 $ 1.0000 March 31, 2024 December 31, 2023 Exchange Rate at March 31, 2024 December 31, 2023 China yuan (RMB) RMB 7.2203 RMB 7.0978 United States dollar ($) $ 1.0000 $ 1.0000 Foreign exchange rate $ 1.0000 $ 1.0000

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	3 Months Ended
	Mar. 31, 2024
Property, Plant and Equipment [Abstract]
SCHEDULE OF PROPERTY AND EQUIPMENT, NET	As of March 31, 2024 and December 31, 2023, property and equipment consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT, NET March 31, 2024 December 31, 2023 Equipment $ 7,693 $ 7,209 Property 259,178 263,651 Less: accumulated depreciation (18,983 ) (16,282 ) Total property and equipment, net $ 247,888 $ 254,578

LOANS FROM THIRD PARTIES (Table

LOANS FROM THIRD PARTIES (Tables)	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
SCHEDULE OF LOANS FROM THIRD PARTIES	The Company’s loans from third parties consisted of the following as of March 31, 2024 and December 31, 2023: SCHEDULE OF LOANS FROM THIRD PARTIES March 31, 2024 December 31, 2023 Loan from a third-party lender; unsecure, bearing an interest rate of 0.5% per annum, and due in one year $ — $ 84,533 Loan from a third-party lender; unsecure, bearing an interest rate of 0.5 $ — $ 84,533 Total loans — 84,533 Less: current portion — (84,533 ) Total non-current portion $ — $ —

STOCKHOLDERS_ EQUITY (Tables)

STOCKHOLDERS’ EQUITY (Tables)	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
SCHEDULE OF EQUITY INCENTIVE ACTIVITIES	A summary of equity incentive activities for the three months ended March 31, 2024 is as follows: SCHEDULE OF EQUITY INCENTIVE ACTIVITIES Number of Shares Weighted Average Grant Date Fair Value Issued and vested as of January 1, 2023 4,250,000 0.10 Granted and vested 5,750,000 0.11 Forfeited and cancelled (1,570,000 ) 0.12 Issued and vested as of January 1, 2024 8,430,000 $ 0.10 Forfeited and cancelled (1,200,000 ) 0.10 Granted and vested 1,200,000 0.30 Issued and vested as of March 31, 2024 8,430,000 $ 0.13

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	3 Months Ended
	Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
SCHEDULE OF DISCONTINUED OPERATIONS	SCHEDULE OF DISCONTINUED OPERATIONS Total disposed assets and liabilities from discontinued operations as of March 31, 2024, were as below: March 31, 2024 ASSETS Current assets Prepaid expenses and other current assets 736 Accounts receivable $ 471,066 Total current assets $ 471,802 TOTAL ASSETS DISPOSED FROM DISCONTINUED OPERATIONS $ 471,802 LIABILITIES Current liabilities: Accounts payable and accrued liabilities $ 461,201 Other payable 14,005 Total current liabilities 475,206 TOTAL LIABILITIES DISPOSED FROM DISCONTINUED OPERATIONS $ 475,206 Disposal gain $ 3,404 LONGWEN GROUP CORP. AND SUBSIDIARIES NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS For the three months ended March 31, 2024 and 2023, results of operations from HWF are as below: For the months ended March 31, 2024 2023 Revenues Aquaculture product sales $ - $ 221,601 Total revenues - 221,601 Cost of revenues Cost of Aquaculture product - 199,156 Total cost of revenues - 199,156 Gross profit - 22,445 Operating expenses: Selling, general and administrative expenses - 5,375 Total operating expenses - 5,375 Income from operations of discontinued operations - 17,070 Other expenses: Other expenses, net 13 208 Total other expenses, net 13 208 Net (loss) income before income tax from discontinued operations (13 ) 16,862 Income tax recovery (expense) 3,141 (843 ) Net income from discontinued operations, net of taxes before gain from sale of discontinued operations 3,128 16,019 Gain from sale of discontinued operations, net of taxes 3,404 - Loss from discontinued operations $ 6,532 16,019

ORGANIZATION AND PRINCIPAL AC_2

ORGANIZATION AND PRINCIPAL ACTIVITIES (Details Narrative) - Acquisition Agreement [Member] - Hangzhou Wenyuan [Member]	Oct. 11, 2022 USD ($)	Oct. 11, 2022 CNY (¥)	Feb. 23, 2022 USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Ownership percentage	100%	100%	100%
Cash consideration	$ 141	¥ 1,000	$ 1,000
Goodwill acquired during period	$ 139		$ 993

SCHEDULE OF EXCHANGE RATE USED

SCHEDULE OF EXCHANGE RATE USED FOR FINANCIAL STATEMENTS (Details)	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
Average Rate [Member] | China Yuan (RMB) [Mmeber]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Foreign exchange rate	7.1876		6.8411
Average Rate [Member] | United States Dollar ($) [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Foreign exchange rate	1		1
Exchange Rate [Member] | China Yuan (RMB) [Mmeber]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Foreign exchange rate	7.2203	7.0978
Exchange Rate [Member] | United States Dollar ($) [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Foreign exchange rate	1	1

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer One [Member]
Product Information [Line Items]
Concentration risk percentage	41%	63%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer Two [Member]
Product Information [Line Items]
Concentration risk percentage	19%	20%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer Three [Member]
Product Information [Line Items]
Concentration risk percentage	12%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Vendor [Member]
Product Information [Line Items]
Concentration risk percentage	100%
Office Equipment [Member]
Product Information [Line Items]
Useful life	3 years

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ 479,351	$ 619,089
Accumulated deficit	$ 20,533,644		$ 20,054,293

SCHEDULE OF PROPERTY AND EQUIPM

SCHEDULE OF PROPERTY AND EQUIPMENT, NET (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Equipment	$ 7,693	$ 7,209
Property	259,178	263,651
Less: accumulated depreciation	(18,983)	(16,282)
Total property and equipment, net	$ 247,888	$ 254,578

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details Narrative) - USD ($)		3 Months Ended
	Sep. 28, 2022	Mar. 31, 2024	Mar. 31, 2023
Impairment Effects on Earnings Per Share [Line Items]
Issuance of common stock for property. shares	2,651,780
Issuance of common stock for property	$ 265,178
Value-added tax		$ 2,108
Depreciation expenses		3,165	$ 3,305
Property, Plant and Equipment [Member]
Impairment Effects on Earnings Per Share [Line Items]
Issuance of common stock for property		263,070
Fluctation of foreign exchange		$ 3,892

SCHEDULE OF LOANS FROM THIRD PA

SCHEDULE OF LOANS FROM THIRD PARTIES (Details) - Third Parties [Member] - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Short-Term Debt [Line Items]
Total loans		$ 84,533
Less: current portion		(84,533)
Total non-current portion
Unsecure Third Party Lender [Member]
Short-Term Debt [Line Items]
Total loans		$ 84,533

SCHEDULE OF LOANS FROM THIRD _2

SCHEDULE OF LOANS FROM THIRD PARTIES (Details) (Parenthetical)	Mar. 31, 2024
Third Party Lender [Member]
Short-Term Debt [Line Items]
Interest rate	0.50%

LOANS FROM THIRD PARTIES (Detai

LOANS FROM THIRD PARTIES (Details Narrative)		3 Months Ended
	Feb. 18, 2024 USD ($) shares	Mar. 31, 2024 USD ($)	Mar. 31, 2024 CNY (¥)	Mar. 31, 2023 USD ($)	Feb. 18, 2024 CNY (¥)	Mar. 31, 2023 CNY (¥)	Dec. 31, 2022 USD ($)	Dec. 31, 2019 USD ($)
Short-Term Debt [Line Items]
Proceeds from related party debt				$ 87,705
Fair value of common stock		$ 186,494
Third Party Lender [Member]
Short-Term Debt [Line Items]
Interest rate		0.50%	0.50%
Two Third-party Individuals [Member]
Short-Term Debt [Line Items]
Borrowed from third party				$ 46,776		¥ 320,000
Debt due date				Dec. 30, 2023
Proceeds from related party debt		$ 76,934	¥ 550,000
Two Individual [Member] | Third Party Lender [Member]
Short-Term Debt [Line Items]
Repayments of loans from third parties		123,710	¥ 870,000
Third Party Individual [Member]
Short-Term Debt [Line Items]
Borrowed from third party				$ 87,705		¥ 600,000
Interest rate				0.50%		0.50%
Interest expense debt		$ 26		$ 55
Loan Agreement [Member]
Short-Term Debt [Line Items]
Loans payable								$ 12,250
Interest payable							$ 1,800	300
Fixed rate								$ 500
Borrowed from third party							$ 12,250
Repayments of loans from third parties				$ 14,050
Debt Settlement Agreement [Member] | Third Party Individual [Member]
Short-Term Debt [Line Items]
Interest payable	$ 83,847				¥ 603,000
Number of shares issued of common stock | shares	279,490
Fair value of common stock	$ 83,847

SCHEDULE OF EQUITY INCENTIVE AC

SCHEDULE OF EQUITY INCENTIVE ACTIVITIES (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Equity [Abstract]
Number of Shares, Issued and Vested Beginning Balance	8,430,000	4,250,000
Weighted Average Grant Date Fair Value, Issued and Vested Begining Balance	$ 0.10	$ 0.10
Number of Shares, Granted and Vested	1,200,000	5,750,000
Weighted Average Grant Date Fair Value, Granted and Vested	$ 0.30	$ 0.11
Number of Shares, Forfeited and Cancelled	(1,200,000)	(1,570,000)
Weighted Average Grant Date Fair Value, Forfeited and Cancelled	$ 0.10	$ 0.12
Number of Shares, Issued and Vested Ending Balance	8,430,000	8,430,000
Weighted Average Grant Date Fair Value, Issued and Vested Ending Balance	$ 0.13	$ 0.10

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)				1 Months Ended					3 Months Ended			12 Months Ended
	Feb. 18, 2024	Jun. 29, 2023	Jan. 19, 2023	Jan. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	May 31, 2023	Jan. 19, 2023	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2023	Apr. 03, 2024	Nov. 07, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares issued					78,775,094				79,676,232	78,775,094		78,775,094
Common stock, shares outstanding					78,775,094				79,676,232	78,775,094		78,775,094
Cash proceeds									$ 248,678
Fair value of shares									186,494
Fair value of shares issued that vested									$ 360,000		$ 500,000
2022 Equity Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of common stock shares have been issued					180,000					180,000		180,000		10,000,000
Number of common stock shares granted												550,000
Share based compensation												$ 36,000
Number of unvested shares forfeited										370,000
Number of common shares issuable					1,570,000				1,570,000	1,570,000		1,570,000
2022 Equity Incentive Plan [Member] | Two Employees [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of common stock shares granted									1,200,000
Fair value of shares									$ 360,000
2023 Equity Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of common shares issuable					5,000,000				5,000,000	5,000,000		5,000,000
Related Party [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Converted loan amount	$ 83,847
Exchange issuance shares	279,490
Conversion per share	$ 0.30
Subsequent Event [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Price per share													$ 0.60
Fifteen Non-U.S. Investors [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares sold									621,648
Price per share									$ 0.30
Sale of Stock, Consideration Received on Transaction									$ 186,494
Investors [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cash proceeds									62,184
Six Employees and One Consultant [Member] | 2022 Equity Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of common stock shares granted			5,000,000
Fair value of shares								$ 500,000
One Employee [Member] | 2022 Equity Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of common stock shares returned					1,200,000
Another Employee [Member] | 2022 Equity Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of common stock shares returned				1,200,000
Two Employees [Member] | 2022 Equity Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of common stock shares granted		200,000
Fair value of shares		$ 40,000
Four Individuals Member [Member] | 2022 Equity Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of common stock shares granted		550,000
Shares price per share		$ 0.20
Number of shares vested		180,000
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares sold					150,000	336,168	336,168
Price per share					$ 0.28	$ 0.20	$ 0.20			$ 0.28		$ 0.28
Fair value of shares									$ 62

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative)	3 Months Ended					9 Months Ended
	Mar. 31, 2024 USD ($)	Mar. 31, 2024 CNY (¥)	Mar. 31, 2023 USD ($)	Mar. 31, 2023 CNY (¥)	Mar. 31, 2022 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)
Related Party Transaction [Line Items]
Advance from related party			$ 87,705
Revenue from Contract with Customer, Excluding Assessed Tax	40,404		19,108
Offline Product Sales [Member] | Related Party [Member]
Related Party Transaction [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	16,710
President's Wife [Member]
Related Party Transaction [Line Items]
Other expenses	2,868
President [Member]
Related Party Transaction [Line Items]
Advance from related party					$ 82,107
Repayment to related party	64,770	¥ 465,544	14,618	¥ 100,000		$ 2,359	¥ 23,000
Loan due	5,575					71,165
Difference amount due to fluctuation in foreign exchange	820					2,350
Wife of President [Member]
Related Party Transaction [Line Items]
Advance from related party	5,822
Repayment to related party	75,824
Repayment of commercial loan and accrued interest			14,050
Due to related parties	55,499					127,345
Daughter of President [Member]
Related Party Transaction [Line Items]
Recognized compensation expenses	4,341
Related Party [Member]
Related Party Transaction [Line Items]
Compensation payable	32,353					31,446
Hangzhou Longwen Culture Media Ltd. [Member]
Related Party Transaction [Line Items]
Due to related parties	39,555					$ 40,373
Purchased inventory			$ 40,373
Difference amount due to fluctuation in foreign exchange	$ 818

SCHEDULE OF DISCONTINUED OPERAT

SCHEDULE OF DISCONTINUED OPERATIONS (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
ASSETS
Prepaid expenses and other current assets	$ 736
Accounts receivable	471,066
Total current assets	471,802
TOTAL ASSETS DISPOSED FROM DISCONTINUED OPERATIONS	471,802
LIABILITIES
Accounts payable and accrued liabilities	461,201
Other payable	14,005
Total current liabilities	475,206
TOTAL LIABILITIES DISPOSED FROM DISCONTINUED OPERATIONS	475,206
Disposal gain	3,404
Total revenues		$ 221,601
Total cost of revenues		199,156
Gross profit		22,445
Selling, general and administrative expenses		5,375
Total operating expenses		5,375
Income from operations of discontinued operations		17,070
Other expenses, net	13	208
Total other expenses, net	13	208
Net (loss) income before income tax from discontinued operations	(13)	16,862
Income tax recovery (expense)	3,141	(843)
Net income from discontinued operations, net of taxes before gain from sale of discontinued operations	3,128	16,019
Gain from sale of discontinued operations, net of taxes	3,404
Loss from discontinued operations	6,532	16,019
Aquaculture Product [Member]
LIABILITIES
Total revenues		221,601
Total cost of revenues		$ 199,156

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details Narrative)	1 Months Ended
	Apr. 27, 2024 USD ($)
Discontinued Operations and Disposal Groups [Abstract]
Consideration price

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)				3 Months Ended
	Apr. 19, 2024	Apr. 03, 2024	Mar. 31, 2024	Mar. 31, 2024
Subsequent Event [Line Items]
Common stock issued for cash				$ 186,494
Three (3) Individual Non-U.S. Investors [Member]
Subsequent Event [Line Items]
Common stock issued for cash			$ 62,184
Subsequent Event [Member] | Three (3) Individual Non-U.S. Investors [Member]
Subsequent Event [Line Items]
Number of shares issued		333,195
Price per share for cash consideration		$ 0.60
Common stock issued for cash		$ 137,735
Subsequent Event [Member] | Two (2) Individual Non-U.S. Investors [Member]
Subsequent Event [Line Items]
Number of shares issued	34,478
Price per share for cash consideration	$ 0.60