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INTANGIBLE ASSETS, NET (Details) - USD ($)
3 Months Ended
Mar. 31, 2023
Dec. 31, 2022
Restructuring Cost and Reserve [Line Items]    
Cost $ 1,470,043 $ 333,785
Less: accumulated amortization (150,318) (27,815)
Total 1,319,725 $ 305,970
Ningbo [Member]    
Restructuring Cost and Reserve [Line Items]    
Cost [1] 333,785  
Less: accumulated amortization [1] (55,630)  
Total [1] $ 278,155  
Stock issued for acquisition of intangible assets 606,881  
Share Price $ 0.55  
Tianjin [Member]    
Restructuring Cost and Reserve [Line Items]    
Cost [2] $ 513,680  
Less: accumulated amortization [2] (42,807)  
Total [2] $ 470,873  
Stock issued for acquisition of intangible assets 933,964  
Share Price $ 0.55  
Chengdu [Member]    
Restructuring Cost and Reserve [Line Items]    
Cost [3] $ 622,578  
Less: accumulated amortization [3] (51,881)  
Total [3] $ 570,697  
Stock issued for acquisition of intangible assets 1,131,960  
Share Price $ 0.55  
[1] Intangible Assets of Ningbo are acquired advertising rights fee contracts and the Company measured the intangible assets acquired based on the fair value of the consideration given. The Company granted 606,881 shares of the Company’s common stock for the acquisition of advertising rights fee contracts. In connection with this stock grant, the Company measured the Company’s shares at fair value of $0.55 per share and recognized the amount of $333,785 as the cost of intangible assets.
[2] Intangible Assets of Tianjin are acquired advertising rights fee contracts and the Company measured the intangible assets acquired based on the fair value of the consideration given. The Company granted 933,964 shares of the Company’s common stock for the acquisition of advertising rights fee contracts. In connection with this stock grant, the Company measured the Company’s shares at fair value of $0.55 per share and recognized the amount of $513,680 as the cost of intangible assets.
[3] Intangible Assets of Chengdu are acquired advertising rights fee contracts and the Company measured the intangible assets acquired based on the fair value of the consideration given. The Company granted 1,131,960 shares of the Company’s common stock for the acquisition of advertising rights fee contracts. In connection with this stock grant, the Company measured the Company’s shares at fair value of $0.55 per share and recognized the amount of $622,578 as the cost of intangible assets.