INVESTMENT IN AND AMOUNT DUE FROM AN UNCONSOLIDATED AFFILIATE |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| INVESTMENT IN AND AMOUNT DUE FROM AN UNCONSOLIDATED AFFILIATE | |
| INVESTMENT IN AND AMOUNT DUE FROM AN UNCONSOLIDATED AFFILIATE | NOTE 9 – INVESTMENT IN AND AMOUNT DUE FROM AN UNCONSOLIDATED AFFILIATE The investments in unconsolidated affiliates primarily consist of SHDEW (19.91)%, DEWSY (19.58%), SHAY(19.91%), SHZYT(19.91%), SHSFM(19.91%), SHMTH(19.91%) and SHTX (19.91%). As of June 30, 2025, the investment amount in SHDEW was $12,377,565, DEWSY was $547,029, SHAY was $154,831, SHZYT was $278,179, SHSFM was $35,243, SHMTH was $88,107, and SHTX was $27,938. SHDEW was established in June 2013 as a skincare and cosmetic company. SHDEW is developing its own skincare products. SHDEW sells products under its own brands as well as the products of third parties. The products include skincare, cosmetics, personal care products such as soaps, shampoos, skin care devices and children’s apparel. SHDEW is improving its own online shopping platform where consumers can purchase its cosmetics and skincare products as well as products imported into China. The online shopping platform has been in operation since 2017. |