The next dialogue and evaluation of our outcomes of operations and monetary
situation ought to be learn along side our monetary statements and the
notes to these monetary statements which are included elsewhere on this report.
All statements, apart from statements of historic information, included on this
report are forward-looking statements. When used on this report, the phrases
"might," "will," "ought to," "would," "anticipate," "estimate," "doable,"
"count on," "plan," "challenge," "persevering with," "ongoing," "might," "imagine,"
"predict," "potential," "intend," and comparable expressions are meant to
establish forward-looking statements. Ahead-looking statements are topic to
dangers and uncertainties that might trigger precise outcomes to vary materially
from these projected. These dangers and uncertainties embody, however aren't restricted
to, availability of further fairness or debt financing, and retention of senior
administration and different key personnel. Ahead-looking statements are based mostly on
assumptions and assessments made by our administration in mild of their expertise
and their notion of historic developments, present situations, anticipated future
developments and different components they imagine to be applicable. Readers of this
report are cautioned to not place undue reliance on these forward-looking
statements, as there could be no assurance that these forward-looking statements
will show to be correct and communicate solely as of the date hereof. Administration
undertakes no obligation to publicly launch any revisions to those
forward-looking statements which will replicate occasions or circumstances after the
date hereof or to replicate the prevalence of unanticipated occasions. This
cautionary assertion is relevant to all forward-looking statements contained
on this report.

Vital Accounting Insurance policies

Methodology of Accounting

The Firm maintains its common ledger and journals with the accrual technique of
accounting for monetary reporting functions. The monetary statements and notes
are representations of administration. Accounting insurance policies adopted by the Firm
conform to usually accepted accounting ideas in the US of
America and have been constantly utilized within the presentation of monetary

Foundation of presentation

The consolidated monetary statements of the Firm have been ready in accordance with usually accepted accounting ideas in United States of America (“we GAAP “).

Rules of Consolidation

The consolidated monetary statements embody the monetary statements of all
the subsidiaries and VIEs of the Firm. All transactions and balances between
the Firm and its subsidiaries and VIEs have been eradicated upon

The consolidated monetary statements embody the accounts of the Firm, its
subsidiaries for which the Firm is the first beneficiary. All vital
inter-company accounts and transactions have been eradicated. The consolidated
monetary statements embody 100% of belongings, liabilities, and internet earnings or loss
of these wholly-owned subsidiaries.

From March 31, 2021 and December 31, 2020, the detailed identities of the consolidating subsidiaries are as follows:

                                                        Place of         Attributable         Registered
Identify of Firm                                       incorporation    fairness curiosity %        capital
EGOOS Cell Know-how Firm Restricted ("EGOOS
BVI")                                                      BVI                        100 %   $         1
EGOOS Cell Know-how Firm Restricted ("EGOOS
HK")                                                    Hong Kong          

100% 1,290 Transfer the Buying Recommendation Administration (Shenzhen) Co., Ltd. (” WOMEN “)

                                        P.R.C                       100 %             -
Guangzhou Yuzhi Info Know-how Co., Ltd.
("GZYZ")                                                  P.R.C                       100 %       150,527
Shenzhen Qianhai Exce-card Know-how Co., Ltd.
("SQEC")                                                  P.R.C                       100 %       150,527
Guangzhou Rongsheng Info Know-how Co.,
Ltd. ("GZRS")                                             P.R.C                       100 %     1,505,267

Interim unaudited monetary data

These unaudited interim condensed consolidated monetary statements have been
ready in accordance with GAAP for interim monetary reporting and the foundations
and laws of the Securities and Trade Fee that allow decreased
disclosure for interim durations. Subsequently, sure data and footnote
disclosures usually included in monetary statements ready in accordance
with GAAP have been condensed or omitted. Within the opinion of administration, all
changes of a traditional recurring nature needed for a good presentation of
the monetary place, outcomes of operations and money flows for the durations
offered have been made. The outcomes of operations for the interim durations
offered aren't essentially indicative of the outcomes to be anticipated for the
yr ending December 31, 2021.

The consolidated steadiness sheets and sure comparative data as of
December 31, 2020 are derived from the audited consolidated monetary statements
and associated notes for the yr ended December 31, 2020 ("2020 Annual Monetary
Statements"), included within the Firm's 2020 Annual Report on Kind 10-Ok. These
unaudited interim condensed consolidated monetary statements ought to be learn in
conjunction with the 2020 Annual Monetary Statements.


Use of estimates

The preparation of the monetary statements in conformity with U.S. GAAP
requires administration to make estimates and assumptions that have an effect on the reported
quantities of belongings and liabilities and disclosure of contingent belongings and
liabilities on the date of the monetary statements and the reported quantities of
revenues and bills in the course of the reporting interval. Precise outcomes might differ
from these estimates. Estimates are used for, however not restricted to, the accounting
for sure objects equivalent to allowance for uncertain accounts, depreciation and
amortization, impairment, stock allowance, taxes and contingencies.


Sure situations might exist as of the date the monetary statements are issued,
which can lead to a loss to the Firm however which can solely be resolved when
a number of future occasions happen or fail to happen. The Firm's administration
assesses such contingent liabilities, and such evaluation inherently entails an
train of judgment. In assessing loss contingencies associated to authorized
proceedings which are pending in opposition to the Firm or un-asserted claims which will
lead to such proceedings, the Firm's administration evaluates the perceived
deserves of any authorized proceedings or un-asserted claims in addition to the perceived
deserves of the quantity of aid sought or anticipated to be sought.

If the evaluation of a contingency signifies that it's possible {that a} materials
loss has been incurred and the quantity of the legal responsibility could be estimated, then
the estimated legal responsibility could be accrued within the Firm's monetary statements.
If the evaluation signifies {that a} potential materials loss contingency just isn't
possible however in all fairness doable, or is possible however can't be estimated,
then the character of the contingent legal responsibility, along with an estimate of the
vary of doable loss if determinable and materials could be disclosed.

The contingencies of loss thought of distant by administration are usually not disclosed until they contain ensures, through which case the assure could be disclosed.

Money and money equivalents

The Firm classifies the next devices as money and money equivalents: money available, unallocated financial institution deposits and all extremely liquid investments bought with unique maturities of three months or much less.

Accounts receivable

Commerce receivables are acknowledged and carried on the unique bill quantity much less
allowance for any uncollectible quantities. An estimate for uncertain accounts is
made when assortment of the total quantity is not possible. Unhealthy money owed are
written off as incurred.

Different receivables

Different receivables are acknowledged and carried on the unique bill quantity much less
allowance for any uncollectible quantities. An allowance for uncertain accounts is
made when restoration of the total quantity is uncertain.

Tangible fastened belongings

Plant and gear are carried at price much less collected depreciation. Depreciation is carried out over their estimated helpful life, utilizing the straight-line depreciation technique with a residual worth of 10%. The estimated helpful lives of the plant and gear are as follows:

Laptop gear   3 years
Workplace furnishings     5 years
Motorcar        5 years

The fee and associated collected depreciation of belongings offered or in any other case
retired are eradicated from the accounts and any achieve or loss is included within the
assertion of earnings. The price of upkeep and repairs is charged to earnings as
incurred, whereas vital renewals and betterments are capitalized.

Accounting for impairment of long-lived belongings

The long-lived belongings held by the Firm are reviewed in accordance with
Monetary Accounting Requirements Board ("FASB") Accounting Requirements Codification
("ASC") Subtopic 360-10-35, "Accounting for the Impairment or Disposal of
Lengthy-Lived Belongings," for impairment every time occasions or modifications in circumstances
point out that the carrying quantity of belongings is probably not recoverable. It's
fairly doable that these belongings might turn into impaired on account of
expertise or different business modifications. Impairment is current if carrying quantity
of an asset is lower than its undiscounted money flows to be generated.

If an asset is taken into account impaired, a loss is acknowledged based mostly on the quantity by
which the carrying quantity exceeds the truthful market worth of the asset. Belongings to
be disposed of are reported on the decrease of the carrying quantity or truthful worth
much less prices to promote. The Firm believes no impairment has occurred to its
belongings throughout three months ended March 31, 2021 and 2020.


Revenue taxes

The Firm makes use of the accrual technique of accounting to find out earnings taxes for
the yr. The Firm has carried out FASB ASC 740 Accounting for Revenue Taxes.
Revenue tax liabilities computed in accordance with the US, Individuals's
Republic of China (PRC), and Hong Kong tax legal guidelines present for the tax results of
transactions reported within the monetary statements and consists of taxes
at present due, plus deferred taxes, associated primarily to variations arising
from the popularity of bills associated to the depreciation of plant and
gear, amortization of intangible belongings, and provisions for uncertain
accounts between monetary and tax reporting. The deferred tax belongings and
liabilities symbolize the long run tax return penalties of these variations,
which might be both taxable or deductible when the belongings and liabilities are
recovered or settled. Deferred taxes are also acknowledged for working losses
which are accessible to offset future earnings taxes.

A valuation allowance is acknowledged for deferred tax belongings whether it is extra possible
than not, that the deferred tax belongings will both expire earlier than the Firm is
capable of understand that tax profit, or that future realization is unsure.

Inventory-based compensation

The Firm has elected to make use of the Black-Scholes-Merton ("BSM") pricing mannequin to
decide the truthful worth of inventory choices on the dates of grant. Additionally, the
Firm acknowledges stock-based compensation utilizing the straight-line technique over
the requisite service interval.

The Firm measures share awards utilizing the market worth on or across the date of the share award and consists of the quantity of compensation as a periodic compensation expense over the required service interval.

For the three months ended March 31, 2021 and 2020, $ 0 and $ 0 stock-based compensation has been acknowledged.

Overseas foreign money translation

The accompanying monetary statements are offered in United States {dollars}
(USD). The useful foreign money of the Firm is the USD and Renminbi (RMB). The
monetary statements are translated into USD from RMB at year-end trade charges
as to belongings and liabilities and common trade charges as to revenues and
bills. Capital accounts are translated at their historic trade charges
when the capital transactions occurred.

                                                      March 31,       March 31,       December 31,
Trade charges                                          2021            2020              2020
12 months-end/period-end RMB : US$ trade fee               6.5713          7.0216             6.5249
Common annual/interval RMB : US$ trade fee             6.4844          6.9798             6.9010

The RMB just isn't freely convertible into international foreign money and all international trade
transactions should happen by way of licensed establishments. No illustration
is made that the RMB quantities might have been, or might be, transformed into US
Greenback on the charges utilized in translation.

Income recognition

The Firm acknowledges providers income when the next standards have been
met: 1.) it has agreed and entered right into a contract for service with its
prospects pursuant to which the Firm identifies the contract and determines
the transactions worth with its prospects, 2.) the contract has set forth a
fastened charge for the providers to be rendered below which the Firm has decided
the transaction's worth and the allocation of such worth to efficiency
obligations with the shoppers, 3.) the Firm has totally rendered service to
its prospects, and there aren't any further obligations that exist below the
phrases of the contract that the Firm has not fulfilled such that the Firm
acknowledges income when the efficiency obligation is glad, and 4.) the
Firm has both acquired fee, or fairly expects fee from the
buyer in accordance to the fee phrases set forth within the contract.

Earnings per share

Fundamental earnings per share is computed on the idea of the weighted common quantity
of frequent inventory excellent in the course of the interval. Diluted earnings per share is
computed on the idea of the weighted common variety of frequent inventory and customary
inventory equivalents excellent. Dilutive securities having an anti-dilutive
impact on diluted earnings per share are excluded from the calculation.

Dilution is computed by making use of the treasury inventory technique for choices and
warrants. Below this technique, choices and warrants are assumed to be exercised at
the start of the interval (or on the time of issuance, if later), and as if
funds obtained thereby had been used to buy frequent inventory on the common market
worth in the course of the interval.

Complete loss

Complete earnings (loss) is outlined to incorporate all modifications in fairness besides
these ensuing from investments by homeowners and distributions to homeowners. The
Firm presents elements of complete earnings with equal prominence to
different monetary statements. The Firm's present element of different
complete earnings is the international foreign money translation adjustment.


Subsequent occasions

The Firm evaluates subsequent occasions which have occurred after the steadiness
sheet date however earlier than the monetary statements are issued. There are two varieties
of subsequent occasions: (1) acknowledged, or those who present further proof
with respect to situations that existed on the date of the steadiness sheet,
together with the estimates inherent within the technique of making ready monetary
statements, and (2) non acknowledged, or those who present proof with respect
to situations that didn't exist on the date of the steadiness sheet however arose
subsequent to that date.

Honest worth of monetary devices

ASC 825, Monetary Devices, requires the Firm to reveal the estimated truthful values ​​of monetary devices. The ebook values ​​entered within the steadiness sheet for present belongings and liabilities labeled as monetary devices represent an affordable estimate of truthful worth.

The Firm applies the provisions of ASC 820-10, Honest Worth Measurements and
Disclosures. ASC 820-10 defines truthful worth, and establishes a three-level
valuation hierarchy for disclosures of truthful worth measurement that enhances
disclosure necessities for truthful worth measures. For sure monetary
devices, together with money and money equivalents, mortgage receivables and
short-term financial institution loans, the carrying quantities approximate truthful worth because of their
comparatively quick maturities. The three ranges of valuation hierarchy are outlined
as follows:

       ?   Degree 1 inputs to the valuation methodology are quoted costs for
           similar belongings or liabilities in lively markets.

? Degree 2 inputs of the valuation methodology embody quoted costs for

           comparable belongings and liabilities in lively markets, and inputs 

that are

           observable for the asset or legal responsibility, both straight or 

not directly,

           for considerably the total time period of the monetary instrument.

       ?   Degree 3 inputs to the valuation methodology are unobservable and
           vital to the truthful worth measurement.

The Firm analyzes all monetary devices with each legal responsibility and fairness traits below ASC 480, “Distinguing Liabilities from Fairness” and ASC 815.

The next tables current the Firm’s monetary belongings and liabilities at truthful worth in accordance with ASC 820-10.

As of March 31, 2021:

                                            Quoted in
                                           Markets for         Vital          Vital
                                            An identical        Different

Observable Unobservable

                                              Belongings              Inputs               Inputs
                                            (Degree 1)           (Degree 2)            (Degree 3)            Complete
                                           (Unaudited)         (Unaudited)          (Unaudited)        (Unaudited)
Monetary belongings:
Money                                       $      3,003     $                -     $            -     $       3,003
Complete monetary belongings                            3,003     $                -     $            -     $       3,003

As of December 31, 2020:

                                           Quoted in Energetic
                                              Markets for           Vital         Vital
                                               An identical         Different Observable       Unobservable
                                                Belongings                Inputs               Inputs
                                               (Degree 1)             (Degree 2)           (Degree 3)           Complete
Monetary belongings:
Money                                       $               3     $               -     $            -     $         3
Complete monetary belongings                                     3     $               -     $            -     $         3

Outcomes of Operations

Fiscal quarters ended March 31, 2021 and 2020


There was no turnover for the three months ended March 31, 2021 and 2020.



Basic and administrative and monetary bills had been associated to company
overhead, monetary and administrative contracted providers, equivalent to authorized and
accounting. Basic and administrative bills and monetary bills for the
three months ended March 31, 2021 had been $11,003 as in comparison with $4,396 for the
comparable interval ended March 31, 2020, which represented a rise of $6,607
or roughly 150%. Such improve was primarily attributed to extend of
skilled charges.

Liquidity and capital sources

Our main money and capital necessities are to finance our operations, make capital expenditures and repair our debt. We proceed to rely on our capacity to generate income, constructive money circulate and extra funding.

Working Capital Abstract

                          As of             As of
                        March 31,        December 31,
                          2021               2020
                       (Unaudited)        (Audited)
Present belongings        $       3,003     $            3
Present liabilities   $      85,847$       71,844
Working capital       $     (82,844 )$      (71,841 )

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