THE STATUTORY RESERVES (Details Narrative) |
12 Months Ended |
---|---|
Dec. 31, 2022 | |
Statutory Reserves | |
Minimum annual after tax profit | 10.00% |
Surplus reserve percentage | 50.00% |
Minimum reserve surplus percentage | 10.00% |
After tax profit percentage | 50.00% |
After tax income percentage | 10.00% |
Percentage of total sales | 15.00% |