Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Amount Due from Related Parties

Amount due (to)/ from related parties consisted of the following as of the periods indicated:

Name of related parties	September 30, 2023			December 31, 2022
	(Unaudited)
Zhuowei Zhong	$	(75,099	)	$	854

Schedule of Related Party Transaction

Related parties’ transactions consisted of the following for the periods indicated:

	Nine Months Ended
	September 30,
	2023		2022
	(Unaudited)		(Unaudited)
Stock-based compensation paid to:
Zhong Zhuowei (#1)	$	245,465	$	163,643

(#1)Zhong Zhuowei is major shareholder holding 80.7% and 0% of the Company’s issued and outstanding common stock as of March 31, 2023 and 2022, respectively. On May 5, 2022, the Company issued 3,913,000 shares of its common stock to Zhong Zhuowei, pursuant to “agreement on the establishment of Laidian”, as compensation to serve as management to setup Laidian. As Mr. Zhong had previously acquired 800,000 shares in private transactions, he owned 4,713,000 shares (80.7%) of the Company’s common stock as on May 5, 2022.

JRSIS HEALTH CARE Corp 10-Q