v3.21.1

INCOME TAX (Details 1) - USD ($)	12 Months Ended
INCOME TAX (Details 1) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
INCOME TAX
Income before income taxes	$ 834,769	$ 43,829
Statutory income tax rate	16.50%	16.50%
Income tax expense at statutory rate	$ 137,736	$ 7,232
Tax effect of non-deductible items	957	105
Net operating losses	(136,502)	0
Tax holiday	(2,191)	(7,105)
Income tax expenses	$ 0	$ 232

Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations.

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Percentage of domestic federal statutory tax rate applicable to pretax income (loss).

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The tax effect of an increase or decrease in contributed capital (for example, deductible expenditures reported as a reduction of the proceeds from issuing capital stock) during the period charged or credited directly to shareholders' equity.

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The amount of income taxes from which a reporting entity is exempt or for which it will receive a reduction in income taxes as a result of the income tax holiday granted by the taxing jurisdiction.

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The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations.

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The net result for the period of deducting operating expenses from operating revenues.

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Income before income taxes for oil and gas producing activities.

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