Related Parties Transactions (Tables)
|
9 Months Ended |
Sep. 30, 2021 |
|---|
| Related Party Transactions [Abstract] |
|
| Schedule of accounts payable - related parties |
| Name of related party |
|
September 30,
2021 |
|
|
December 31,
2020 |
|
| |
|
(Unaudited) |
|
|
|
|
| Hong Long (1) |
|
$ |
6,372,582 |
|
|
$ |
781,225 |
|
| Global Deep Ocean |
|
|
65,799 |
|
|
|
7,602,944 |
|
| Fujian Jingfu Ocean Fishery Development Co., Ltd. (2) |
|
|
317,629 |
|
|
|
1,327 |
|
| Huna Lin (3) |
|
|
3,671,544 |
|
|
|
1,581,212 |
|
| |
|
$ |
10,427,554 |
|
|
$ |
9,966,708 |
|
|
| Schedule of due to related parties |
| |
|
September 30,
2021 |
|
|
December 31,
2020 |
|
| |
|
(Unaudited) |
|
|
|
|
| Accrued compensation for LiMing Yung, Chief Financial Officer |
|
$ |
15,000 |
|
|
$ |
15,000 |
|
| Accrued compensation for Xinrong Zhuo, Chief Executive Officer |
|
|
3,354 |
|
|
|
3,354 |
|
| Advance from Xinrong Zhuo, Chief Executive Officer |
|
|
1,450,000 |
|
|
|
- |
|
Due to Hong Long |
|
|
29,504,678 |
|
|
|
|
|
| |
|
$ |
30,973,032 |
|
|
$ |
18,354 |
|
|
| Schedule of future minimum rental payment under office lease |
| Twelve-month period Ending September 30: |
|
Amount |
|
| 2022 |
|
$ |
12,980 |
|
| 2023 |
|
|
12,980 |
|
| 2024 |
|
|
3,245 |
|
| |
|
|
29,205 |
|
|
| Schedule of purchases from related parties |
| |
|
Three Months Ended
September 30, |
|
|
Nine Months Ended
September 30, |
|
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| |
|
(Unaudited) |
|
|
(Unaudited) |
|
|
(Unaudited) |
|
|
(Unaudited) |
|
| Purchase of fuel, fishing nets and other on board consumables |
|
|
|
|
|
|
|
|
|
|
|
|
| Fujian Jingfu Marine Fishery Development Co., Ltd |
|
$ |
732,523 |
|
|
$ |
- |
|
|
$ |
1,718,149 |
|
|
$ |
- |
|
| From Zhiyan Lin |
|
|
- |
|
|
|
2,769 |
|
|
|
- |
|
|
|
2,769 |
|
| Global Deep Ocean |
|
|
122,333 |
|
|
|
- |
|
|
|
203,784 |
|
|
|
- |
|
| Fuzhou Honglong Ocean Fishery Co., Ltd. |
|
|
6,066,724 |
|
|
|
255,736 |
|
|
|
13,838,055 |
|
|
|
1,320,456 |
|
| |
|
|
6,921,580 |
|
|
|
258,505 |
|
|
|
15,759,988 |
|
|
|
1,323,225 |
|
| Purchase of leasing |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Ping Lin |
|
|
852 |
|
|
|
3,038 |
|
|
|
852 |
|
|
|
9,011 |
|
| Purchase of vessel maintenance services, docking and freight |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Huna Lin |
|
|
4,734,671 |
|
|
|
3,851,681 |
|
|
|
11,177,091 |
|
|
|
7,262,932 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase of inventory for sale |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Global Deep Ocean |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
6,202,532 |
|
|
$ |
- |
|
|