Meiwu Technology Company Limited (WNW) F-1/A25 Oct 24Registration statement (foreign) (amended)Financial data

Company Profile

Cover

Cover	12 Months Ended
Cover	Dec. 31, 2023
Cover [Abstract]
Document Type	F-1/A
Amendment Flag	true
Amendment Description	Amendment No. 1
Entity Registrant Name	Meiwu Technology Company Limited
Entity Central Index Key	0001787803
Entity Incorporation, State or Country Code	D8
Entity Address, Address Line One	1602, Building C, Shenye Century Industrial Center
Entity Address, Address Line Two	No. 743 Zhoushi Road
Entity Address, Address Line Three	Hangcheng Street
Entity Address, City or Town	Shenzhen
Entity Address, Country	CN
Country Region	+86
City Area Code	755
Local Phone Number	85250400
Entity Emerging Growth Company	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)		Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents		$ 16,060,686	$ 23,716,768
Restricted cash		1,361
Accounts receivable, net		2,874,494	4,043,473
Due from related party		117,141
Advances to suppliers, net		774,467	1,382,172
Inventories, net		95,124	344,823
Other current assets		465,480	386,954
Total Current Assets		20,388,753	29,874,190
Non-Current Assets:
Property and equipment, net		76,470	183,386
Right-of-use assets		119,056	227,603
Deferred Offering Costs			9,893
Goodwill			7,700,569
Total Non-Current Assets		195,526	8,121,451
TOTAL ASSETS		20,584,279	37,995,641
Current Liabilities:
Short-term loan		294,370	332,309
Accounts payable		2,547,805	4,990,647
Contract liabilities		1,004,832	747,093
Lease liabilities		119,434	107,467
Tax Payable		429,485	204,232
Accrued expenses and other current liabilities		3,115,282	1,964,469
Total Current Liabilities		7,511,208	8,346,217
Non-Current Liabilities:
Due to related parties		3,912,606	3,679,717
Long-term loan		123,945	218,722
Convertible notes			5,550,607
Lease liabilities		20,613	144,163
Total Non-Current Liabilities		4,057,164	9,593,209
TOTAL LIABILITIES		11,568,372	17,939,426
Commitment and Contingencies
STOCKHOLDERS’ EQUITY
Ordinary shares, no par value, unlimited shares authorized; 2,923,325 and 1,741,295 shares issued and outstanding as of December 31, 2023 and 2022, respectively	[1]
Additional paid-in capital		44,515,833	38,571,534
Accumulated deficit		(33,147,714)	(17,081,329)
Accumulated other comprehensive loss		(1,953,766)	(1,281,864)
Equity attributable to owners of the Company		9,414,353	20,208,341
Non-controlling interests		(398,446)	(152,126)
TOTAL STOCKHOLDERS’ EQUITY		9,015,907	20,056,215
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$ 20,584,279	$ 37,995,641

[1]The shares and per share data are presented on a retroactive basis to reflect the Company’s Share Consolidation. (Note 12)

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	12 Months Ended
Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Ordinary shares, par value	$ 0	$ 0
Ordinary shares, shares authorized	Unlimited	Unlimited
Ordinary shares, shares issued	2,923,325	1,741,295
Ordinary shares, shares outstanding	2,923,325	1,741,295

Consolidated Statements of Oper

Consolidated Statements of Operations and Other Comprehensive (Loss) Income - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUE
Total revenue		$ 10,977,429	$ 10,978,571	$ 12,258,451
COST OF REVENUE
Total cost of revenue		8,394,364	9,803,883	9,418,606
GROSS PROFIT		2,583,065	1,174,688	2,839,845
OPERATING EXPENSES
Sales and Marketing Expenses		1,459,792	1,081,567	1,473,719
General and Administrative Expenses		2,532,860	2,802,132	2,015,215
Research and Development Expenses		107,199	1,030,359	452,608
Total operating expenses		4,099,851	4,914,058	3,941,542
LOSS FROM OPERATIONS		(1,516,786)	(3,739,370)	(1,101,697)
Assets impairment loss		(14,698,853)	(6,736,684)	(144,520)
(Loss) Gain on disposal of subsidiary		(28,648)	14,002	26,049
Other (loss) income, net		138,822	(546,655)	102,582
LOSS BEFORE INCOME TAX		(16,105,465)	(11,008,707)	(1,117,586)
Provision for Income Taxes		207,240	211,144
NET LOSS		(16,312,705)	(11,219,851)	(1,117,586)
Less: net loss attributable to non-controlling interest		(246,321)	(147,835)	(35,640)
NET LOSS ATTRIBUTABLE TO THE OWNERS’ COMPANY		(16,066,384)	(11,072,016)	(1,081,946)
OTHER COMPREHENSIVE (LOSS) INCOME
Foreign Currency Translation Adjustment		(671,902)	(1,535,600)	402,273
TOTAL COMPREHENSIVE LOSS		$ (16,984,607)	$ (12,755,451)	$ (715,313)
Loss per share - basic	[1]	$ (6.54)	$ (10.04)	$ (0.97)
Loss per share - diluted	[1]	$ (6.54)	$ (10.04)	$ (0.97)
Weighted average shares outstanding - diluted	[1]	2,596,687	1,269,876	738,613
Weighted average shares outstanding - diluted	[1]	2,596,687	1,269,876	738,613
Product [Member]
REVENUE
Total revenue		$ 2,513,483	$ 2,144,218	$ 12,145,532
COST OF REVENUE
Total cost of revenue		737,158	1,905,037	9,343,477
Service [Member]
REVENUE
Total revenue		8,463,946	8,834,353	112,919
COST OF REVENUE
Total cost of revenue		$ 7,657,206	$ 7,898,846	$ 75,129

[1]The shares and per share data are presented on a retroactive basis to reflect the Company’s Share Consolidation. (Note 12)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)		Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]	Total
Balance at Dec. 31, 2020			$ 21,977,682	$ (4,927,367)	$ (148,537)		$ 16,901,778
Balance, shares at Dec. 31, 2020	[1]	714,286
Ordinary Shares issued for the acquisitions
Ordinary Shares issued for the acquisitions, shares	[1]	227,679
Capital Contributions			1,408,013				1,408,013
Disposal of subsidiaries						31,349	31,349
Net Loss				(1,081,946)		(35,640)	(1,117,586)
Foreign Currency Translation Adjustment					402,273		402,273
Balance at Dec. 31, 2021			23,385,695	(6,009,313)	253,736	(4,291)	17,625,827
Balance, shares at Dec. 31, 2021	[1]	941,965
Ordinary Shares issued for the acquisitions			15,132,000				15,132,000
Ordinary Shares issued for the acquisitions, shares	[1]	799,330
Capital Contributions			53,839				53,839
Net Loss				(11,072,016)		(147,835)	(11,219,851)
Foreign Currency Translation Adjustment					(1,535,600)		(1,535,600)
Balance at Dec. 31, 2022			38,571,534	(17,081,329)	(1,281,864)	(152,126)	20,056,215
Balance, shares at Dec. 31, 2022	[1]	1,741,295
Ordinary Shares issued for the acquisitions			5,772,425				5,772,425
Ordinary Shares issued for the acquisitions, shares	[1]	47,033
Capital Contributions			171,874				171,874
Net Loss				(16,066,384)		(246,321)	(16,312,705)
Foreign Currency Translation Adjustment					(671,902)		(671,902)
Issuance of ordinary shares on conversion of convertible notes
Issuance of ordinary shares on conversion of convertible notes, shares	[1]	1,134,997
Balance at Dec. 31, 2023			$ 44,515,833	$ (33,147,713)	$ (1,953,766)	$ (398,447)	$ 9,015,907
Balance, shares at Dec. 31, 2023	[1]	2,923,325

[1]The shares and per share data are presented on a retroactive basis to reflect the Company’s Share Consolidation. (Note 12)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net Loss	$ (16,312,705)	$ (11,219,851)	$ (1,117,586)
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depreciation and amortization	183,097	87,973	388,319
Gains on withdrawal of right-of-use assets			(53,816)
Interest expense for convertible notes	221,788
Bad debt expense	349,419	491,868	144,520
Gain on disposal of subsidiaries	28,648	(14,002)	(26,049)
Impairment of goodwill	7,362,187	6,244,555
Change in operating assets and liabilities:
Account receivable, net	1,026,666	(4,102,339)	17,009
Prepaid expenses	2,104
Inventories, net	240,497	88,132	1,124,567
Other current assets	(198,684)	(345,447)	(176,613)
Advances to suppliers, net	366,038	(1,150,942)	361,443
Rent deposit			44,347
Accounts payable	(2,306,527)	3,331,146	(4,123,850)
Contract liabilities	279,817	(406,624)	(4,251,510)
Tax payable	231,703	204,232	33,690
Lease liabilities	(104,678)	232,562	(256,432)
Accrued expenses and other current liabilities	1,207,791	1,036,397	(799,545)
Net cash used in operating activities	(7,422,839)	(5,522,340)	(8,691,506)
Cash flows from investing activities:
Proceeds from the investment in loan receivable			26,500,000
Purchase of property and equipment	(5,539)	(25,916)	(81,197)
Net cash (used in) provided by investing activities	(5,539)	(25,916)	26,418,803
Cash flows from financing activities:
(Payment to) Proceeds from related parties loans	222,218	(2,763,012)	(750,490)
Proceeds from convertible promissory notes		5,550,607
Proceeds from borrowings		285,255	455,756
Repayment of Bank loans	(117,298)	(195,350)
Capital contributions	171,874		1,408,013
Net cash provided by financing activities	276,794	2,877,500	1,113,279
Effect of changes of foreign exchange rate on cash	(503,137)	(246,808)	765,792
Net (decrease) increase in cash	(7,654,721)	(2,917,564)	19,606,368
Cash and cash equivalents at the Beginning of financial year	23,716,768	26,634,332	7,027,964
Cash and cash equivalents at the end of financial year	16,062,047	23,716,768	26,634,332
SUPPLEMENTARY CASH FLOW INFORMATION:
Right of use assets obtained in exchange for operating lease liabilities		302,631	37,270
Deferred offering cost reduces additional paid-in capital		$ (9,893)

ORGANIZATION AND BUSINESS BACKG

ORGANIZATION AND BUSINESS BACKGROUND	12 Months Ended
ORGANIZATION AND BUSINESS BACKGROUND	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BUSINESS BACKGROUND	1. ORGANIZATION AND BUSINESS BACKGROUND Meiwu Technology Company Limited (“Meiwu” or the “Company”), formerly known as Wunong Net Technology Co., Ltd is a holding company incorporated under the laws of British Virgin Islands on December 4, 2018. Through contractually controlled and managed company, Meiwu Zhishi Technology (Shenzhen) Co., Ltd, formerly known as Wunong Technology (Shenzhen) Co., Ltd (“Meiwu Shenzhen”) and its subsidiaries, the Company operates an electronic online platform designed to provide primarily Clean Food to customers in China. On February 15, 2019, the Company acquired all shares of Shenzhen Vande Technology Co., Limited (“Vande”) pursuant to the Instrument of Transfer, Sold Note and Bought Note recorded with Registrar of Companies in Hong Kong Special Administration Region (SAR). Vande, incorporated on April 6, 2017 in Hong Kong, incorporated Guo Gang Tong (“WFOE”) in the People’s Republic of China with a registered capital of RMB 5,000,000 On March 2, 2019, WFOE entered into a series of contractual agreements with Meiwu Shenzhen, a company incorporated in the People’s Republic of China on June 16, 2015 with a registered capital of RMB 5,000,000 ● exercise effective control over Meiwu Shenzhen; ● receive substantially all of the economic benefits of Meiwu Shenzhen; and ● have an exclusive option to purchase all or part of the equity interests in Meiwu Shenzhen when and to the extent permitted by PRC law. As a result of these contractual arrangements, we have become the primary beneficiary of Meiwu Shenzhen, and we treat Meiwu Shenzhen as a Variable Interest Entity (“VIE”) in accordance with the Statement of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810 “Consolidation”, because the equity investments in Meiwu Shenzhen no longer have the characteristics of a controlling financial interest, and the Company, through WFOE, is the primary beneficiary of Meiwu Shenzhen. Accordingly, Meiwu Shenzhen has been consolidated. Since Meiwu Technology Company Limited and its subsidiaries are effectively controlled by the same controlling shareholders before and after the Reorganization, they are considered to be under common control. The above-mentioned transactions were accounted for as a recapitalization. The consolidation of the Company and its subsidiaries has been accounted for at historical cost and prepared on the basis as if the aforementioned transactions had become effective as of the beginning of the first period presented in the accompanying consolidated financial statements. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 1. ORGANIZATION AND BUSINESS BACKGROUND (CONTINUED) On September 29, 2020, Meiwu Shenzhen, together with two individuals, Guoming Huang (“Huang”) and Yafang Liu (“Liu”), established a new Shanghai subsidiary, Wude Agricultural Technology (Shanghai) Co., Ltd (“Wude Shanghai”). Wude’s registered capital is RMB 20 3.1 51 25 24 51 51 On October 20, 2020, Meiwu Shenzhen entered into an Equity Transfer Agreement to acquire 51 5 781,466 51 30 19 100 30 4.6 On November 4, 2020, Meiwu Shenzhen incorporated a wholly-owned subsidiary, Wunong Technology (Liaoning) Co., Ltd (“Wunong Liaoning”). Wunong Liaoning’s registered capital is RMB 8.88 1.4 100 On December 10, 2020, Meiwu Shenzhen incorporated a wholly-owned subsidiary, Wunong Technology (Shaanxi) Co., Ltd (“Wunong Shaanxi”). Wunong Shaanxi’s registered capital is RMB 8.8 1.3 100 On December 17, 2020, the Company completed the initial public offering (“IPO”) of 5,000,000 5.00 25,000,000 999,910 4,999,550 29,999,550 On November 23, 2021, the Company entered into a Stock Purchase Agreement (“SPA”) with Boxinrui International Holdings Limited (the “Anxin BVI”) to acquire Beijing Anxin Jieda Logistics Co., Ltd. (“Anxin”). As of March 11, 2022, Anxin BVI failed to deliver the audited financial statements of Anxin for the year ended December 31, 2020 and 2019. The parties entered into a termination agreement, (the “Termination Agreement”) pursuant to terminate the transaction. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 1. ORGANIZATION AND BUSINESS BACKGROUND (CONTINUED) On December 28, 2021, Meiwu Shenzhen sold the 51 30 200,000 31,405 51 On March 31, 2022, the Company entered into a Stock Purchase Agreement (“SPA”) with Magnum International Holdings Limited (the “Yundian BVI”) to acquire Dalian Yundian Zhiteng Technology Company Limited (“Yundian”). Upon the closing, the Company shall deliver to the Yundian BVI total consideration of US$ 8.1 no 0.9 9,000,000 On May 12, 2022, Meiwu Shenzhen, together with Shenzhen Heme Enterprise Consulting Partnership (limited partnership) (“Heme Consulting”), established a new Shenzhen subsidiary, Heme Brand Chain Management (Shenzhen) Co., Ltd. (“Heme Shenzhen”). Heme Shenzhen’s registered capital is RMB 10 1.5 51 49 On June 23, 2022, the Company entered into a Stock Purchase Agreement (“SPA”) with Mahaotiaodong Information Technology Company Limited (the “Mahao BVI”) to acquire Code Beating (Xiamen) Technology Company Limited (“Code Beating”). Upon the closing, the Company shall deliver to the Mahao BVI total consideration of US$ 6 no 0.6 10,000,000 On July 22, 2022, Heme Shenzhen established a new Shenzhen subsidiary, Heme Catering Management (Shenzhen) Co., Ltd (“Heme Catering”). Heme Catering’s registered capital is RMB 10 1.5 On October 31, 2022, the Company changed the name from “Wunong Technology (Shenzhen) Co,. Ltd” to Meiwu Zhishi Technology (Shenzhen) Co,. Ltd. On December 12, 2022, the Company entered into a Stock Purchase Agreement (“SPA”) with Xinfuxin International Holdings Limited (the “Yuanxing BVI”) to acquire Hunan Yuanxing Chanrong Technology Co., Ltd (“Yuanxing”). Upon the closing, the Company shall deliver to the Yuanxing BVI total consideration of US$ 9.6 no 0.8 12,000,000 MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 1. ORGANIZATION AND BUSINESS BACKGROUND (CONTINUED) As of December 31, 2023, details of the subsidiaries of the Company are set out below: SCHEDULE OF SUBSIDIARIES AND ASSOCIATES Name of Entity Date of Incorporation Place of Incorporation % of Ownership Principal Activities Meiwu Technology Company Limited (“Meiwu” or the “Company”, formerly known as Wunong Net Technology Company Limited) December 4, 2018 British Virgin Islands Parent Holding Company Shenzhen Vande Technology Co., Limited (“Vande”) April 6, 2017 Hong Kong 100 Holding Company Magnum International Holdings Limited (“Yundian BVI”) July 30, 2021 British Virgin Islands 100 Holding Company Mahaotiaodong Information Technology Company Limited (“Mahao BVI”) December 29, 2021 British Virgin Islands 100 Holding Company Xinfuxin International Holdings Limited (“Yuanxing BVI”) June 27, 2018 British Virgin Islands 100 Holding Company Guo Gang Tong Trade (Shenzhen) Co., Ltd (“WFOE”) December 28, 2018 Shenzhen, China 100 Holding Company Yun Tent Technology Company Limited (“YunTent”) August 10, 2021 Hong Kong 100% owned by Yundian BVI Holding Company DELIMOND Limited (“DELIMOND”) January 3, 2019 Hong Kong 100% owned by Mahao BVI Holding Company MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 1. ORGANIZATION AND BUSINESS BACKGROUND (CONTINUED) Name of Entity Date of Incorporation Place of Incorporation % of Ownership Principal Activities Antai Medical Limited (“Antai”) January 20, 2017 Hong Kong 100% owned by Yuanxing BVI Holding Company Dalian Yundian Zhiteng Technology Company Limited (“Yundian”) April 8, 2020 Dalian, China 100% owned by YunTent Technology service Code Beating (Xiamen) Technology Company Limited (“Code Beating”) May 21, 2020 Xiamen, China 100% owned by DELIMOND Short messages service Hunan Yuanxing Chanrong Technology Co., Ltd (“Yuanxing”) April 25, 2019 Chenzhou, China 100% owned by Antai Technology service, fruits and frozen products sales Meiwu Zhishi Technology (Shenzhen) Co., Ltd (“Meiwu Shenzhen”, formerly known as Wunong Technology (Shenzhen) Co., Ltd) June 16, 2015 Shenzhen, China VIE An electronic online platform designed to provide primarily Clean Food to customers in China Meiwu Catering Chain Management (Shenzhen) Co., Ltd (“Meiwu Catering”, formerly known as Wunong Catering Chain Management (Shenzhen) Co., Ltd) November 27, 2018 Shenzhen, China 100% owned by Meiwu Shenzhen Restaurant service, food sales Wude Agricultural Technology (Shanghai) Co., Ltd (“Wude Shanghai”) September 29, 2020 Shanghai, China 51% owned by Meiwu Shenzhen Food selling, agricultural products purchase and wholesale Heme Brand Chain Management (Shenzhen) Co., Ltd. (“Heme Shenzhen”) May 12, 2022 Shenzhen, China 100% owned by Meiwu Shenzhen Drink sales Heme Catering Management (Shenzhen) Co., Ltd (“Heme Catering”) July 22, 2022 Shenzhen, China 100% owned by Heme Shenzhen Drink sales Shenzhen Jiayuan Liquor Sales Co., Ltd. (“Shenzhen Jiayuan”) May 4, 2023 Shenzhen, China 70% owned by Meiwu Shenzhen Alcohol sales The Company believes that the contractual arrangements with its VIE and their respective shareholders are in compliance with PRC laws and regulations and are legally enforceable. However, uncertainties in the PRC legal system could limit the Company’s ability to enforce the contractual arrangements. If the ownership structure, contractual arrangements and business of the Company, WFOE or Meiwu Shenzhen are found to be in violation of any existing or future PRC laws or regulations, or fail to obtain or maintain any of the required permits or approvals, the relevant governmental authorities would have broad discretion in dealing with such violation, including levying fines, confiscating the income or the income of WFOE and Meiwu Shenzhen, revoking the business licenses or operating licenses of WFOE or Meiwu Shenzhen, discontinuing or placing restrictions or onerous conditions on our operations, requiring the Company to undergo a costly and disruptive restructuring, restricting or prohibiting our use of proceeds from our offerings to finance the business and operations in China, and taking other regulatory or enforcement actions that could be harmful to our business. Any of these actions could cause significant disruption to the business operations and severely damage our reputation, which would in turn materially and adversely affect the business, financial condition and results of operations. If any of these occurrences results in the inability to direct the activities of Meiwu Shenzhen, and/or the failure to receive economic benefits from Meiwu Shenzhen, the Company may not be able to consolidate their results into the consolidated financial statements in accordance with U.S. GAAP. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

LIQUIDITY

LIQUIDITY	12 Months Ended
LIQUIDITY	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
LIQUIDITY	2. LIQUIDITY The Company had cash of $ 16,062,047 and $ 23,716,768 as of December 31, 2023 and 2022, respectively. Net loss was $ 16.3 million and $ 11.2 million for years ended December 31, 2023 and 2022. The Company had working capital of $ 12.9 million and $ 21.5 million as of December 31, 2023 and 2022, respectively. The Company have funded working capital and other capital requirements primarily by equity contributions from shareholders. Cash is required to pay purchase costs for inventory, salaries, selling expenses, rental expenses, income taxes, and other operating expenses. In assessing liquidity, management monitors and analyses cash on hand, ability to generate sufficient revenue sources in the future, and operating and capital expenditure commitments. In 2023, major shareholders have contributed approximately $ 171,874

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Dec. 31, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ● Basis of presentation and principles of consolidation These accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and have been consistently applied. The consolidated financial statements include the accounts of the Company, its subsidiaries, and the VIE. All intercompany balances and transactions between the Company, its subsidiaries and the VIE are eliminated upon consolidation. ● Consolidation of Variable Interest Entity A VIE is an entity that either has a total equity investment that is insufficient to finance its activities without additional subordinated financial support, or whose equity investments lack the characteristics of a controlling financial interest, such as through voting rights, and the right to receive the expected residual returns of the entity. The variable interest holder, if any, that has a controlling financial interest in a VIE is deemed to be the primary beneficiary of, and must consolidate, the VIE. Guo Gang Tong Trade (Shenzhen) Co., Ltd is deemed to have a controlling financial interest in and be the primary beneficiary of Meiwu Shenzhen because it has both of the following characteristics: (1) The power to direct activities at Meiwu Shenzhen that most significantly impact such entity’s economic performance, and (2) The right to receive benefits from Meiwu Shenzhen that could potentially be significant to such entity. Pursuant to the contractual arrangements with Meiwu Shenzhen, Meiwu Shenzhen pays service fees equal to all of its net profit after tax payments to WFOE. Such contractual arrangements are designed so that Meiwu Shenzhen operates for the benefit of Guo Gang Tong Trade (Shenzhen) Co. Ltd and ultimately, the Company. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Consolidation of Variable Interest Entity (continued) Accordingly, the accounts of the Meiwu Shenzhen and its subsidiaries are consolidated in our financial statements pursuant to ASC 810-10, Consolidation. In addition, their financial positions and results of operations are included in our financial statements. The carrying amount of this VIE’s assets and liabilities are as follows: SCHEDULE OF CONSOLIDATION OF VARIABLE INTEREST ENTITY December 31, December 31, 2023 2022 Current assets $ 485,789 $ 702,484 Property and equipment, net 71,121 180,072 Right of Use Lease Assets, net 119,056 227,603 Other non-current assets - 115,186 Total assets 675,966 1,225,345 Total current liabilities 6,836,474 6,127,461 Total non-current liabilities 386,329 362,885 2023 2022 2021 For the years ended December 31, 2023 2022 2021 Revenue $ 2,457,246 $ 1,738,752 $ 12,258,451 Cost of revenue 747,206 1,309,778 9,418,606 Operating expenses 2,988,017 2,667,254 3,923,748 Net loss (1,435,993 ) (2,695,110 ) (1,099,792 ) 2023 2022 2021 December 31, 2023 2022 2021 Net cash provided by (used in) operating activities $ (199,661 ) $ 238,434 $ (8,500,703 ) Net cash used in investing activities (1,745 ) - (81,197 ) Net cash (used in) provided by financing activities 111,051 (856,123 ) 1,826,612 Effect of changes of foreign exchange rate on cash (2,711 ) 292,532 155,891 Net decrease in cash and cash equivalents (93,066 ) (325,157 ) (6,599,397 ) MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Use of estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Management makes these estimates using the best information available at the time the estimates are made; however actual results could differ from those estimates. Significant items subject to such estimates and assumptions include, but are not limited to, valuation of inventory, and recoverability of carrying amount and the estimated useful lives of fixed assets, and implicit interest rate of operating leases. ● Business combinations The Company accounted for its business combination using the acquisition method of accounting in accordance with ASC 805 “Business Combinations”. The cost of an acquisition is measured as the aggregate of the acquisition date fair values of the assets transferred and liabilities incurred by the Company to the sellers and equity instruments issued. Transaction costs directly attributable to the acquisition are expensed as incurred. Identifiable assets and liabilities acquired or assumed are measured separately at their fair values as of the acquisition date, irrespective of the extent of any non-controlling interests. The excess of (i) the total costs of acquisition, fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the fair value of the identifiable net assets of the acquiree is recorded as goodwill. If the cost of acquisition is less than the acquisition date amounts of the net assets of the subsidiary acquired, the difference is recognized directly in the consolidated income statements. During the measurement period, which can be up to one year from the acquisition date, the Company may record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Subsequent to the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any further adjustments are recorded in the consolidated income statements. In a business combination achieved in stages, the Company re-measures the previously held equity interest in the acquiree immediately before obtaining control at its acquisition date fair value and the re-measurement gain or loss, if any, is recognized in the consolidated income statements. When there is a change in ownership interests or a change in contractual arrangements that results in a loss of control of a subsidiary, the Company deconsolidates the subsidiary from the date control is lost. Any retained non-controlling investment in the former subsidiary is measured at fair value and is included in the calculation of the gain or loss upon deconsolidation of the subsidiary. ● Cash Cash consist of cash on hand, cash in bank with no restrictions, as well as highly liquid investments which are unrestricted as to withdrawal or use, and which have remaining maturities of three months or less when initially purchased. ● Accounts receivable, net Accounts receivable, net mainly represent amounts due from clients and are recorded net of allowance for doubtful accounts. The Company mitigates the associated risks by performing credit checks and actively pursuing past due accounts. An allowance for doubtful accounts is established and recorded based on management’s assessment of historical bad debts, creditworthiness and financial conditions of the clients, current economic trends and changes in client payment patterns. Past due accounts are generally written off against the allowance for bad debts only after all collection attempts have been exhausted and the potential for recovery is considered remote. The allowance was $ 407,480 400,262 nil ● Inventories, net The Company values its inventories at the lower of cost or net realizable value. The cost of inventories is calculated using the first in first out basis. Where there is evidence that the utility of inventories, in their disposal in the ordinary course of business, will be less than cost, whether due to physical deterioration, obsolescence, changes in price levels, or other causes, the inventories are written down to net realizable value. Net realizable value is the estimated selling price in the normal course of business less any costs to complete and sell products. Any idle facility costs or excessive spoilage are recorded as current period charges. There was no inventory impairment for the years ended December 31, 2023, 2022 and 2021. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Advances to suppliers Advances to suppliers represent prepayments made to certain suppliers of Clean Food. To ensure continuous high-quality supplies and favorable purchase prices of Clean Food, the Company is required from time to time to make cash advances when placing its purchase orders. The Company reviews its advances to suppliers on a periodic basis and makes general and specific allowances when there is doubt as to the ability of a supplier to provide supplies to the Company or refund the advance. As of December 31, 2023, 2022 and 2021, the allowances was $ 269,740 68,511 144,520 ● Property and equipment Property and equipment are stated at cost less accumulated depreciation. The cost of an asset comprises its purchase price and any directly attributable costs of bringing the asset to its present working condition and location for its intended use. Depreciation is computed using the straight-line method over estimated useful lives listed below: SCHEDULE OF ESTIMATED USEFUL LIVES OF PROPERTY AND EQUIPMENT Estimated Useful Life Computers and accessories 3 Vehicle 5 Office Equipment 5 Leasehold improvement 5 When computers and accessories, vehicle, and office equipment are retired or otherwise disposed of, resulting gain or loss is included in net income or loss in the year of disposition for the difference between the net book value and proceeds received thereon. Maintenance and repairs which do not improve or extend the expected useful lives of the assets are charged to expenses as incurred. Leasehold improvements are amortized using the straight-line method over the remaining lease term. Depreciation for equipment commences once it is placed in service and amortization of leasehold improvements commences once they are ready for our intended use. Construction in progress is related to office renovation that has not yet been completed for our intended use. Capitalization of the cost of renovation ceases and the construction in progress is transferred to leasehold improvement when substantially all the renovations are completed. Construction in progress is not depreciated until they are ready for our intended use. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Leased property under operating leases The Company early adopted ASU 2016-02, “Leases” on January 1st, 2017 and used modified retrospective method that requires application at the beginning of the earliest comparative year presented. The most significant impact upon adoption relates to the recognition of new Right-of-use (“ROU”) assets and lease liabilities on the Company’s balance sheet for office space leases. Upon adoption, the Company recognized additional lease liabilities of $ 22,192 ● Goodwill Goodwill represents the excess of the consideration paid of an acquisition over the fair value of the net identifiable assets of the acquired subsidiary at the date of acquisition. Goodwill is not amortized, and is tested for impairment at least annually, more often when circumstances indicate impairment may have occurred. Goodwill is carried at cost less accumulated impairment losses. If impairment exists, goodwill is immediately written off to its fair value and the loss is recognized in the consolidated statements of operations and comprehensive (loss) income. Impairment losses on goodwill are not reversed. The Company has the opinion to assess qualitative factors to determine whether it is necessary to perform the two-step in accordance with ASC 350-20. If the Company believes, as a result of the qualitative carrying amount, the two-step quantities impairment test described below is required. The first step compares the fair values of each reporting unit to its carrying amount, including goodwill. If the fair value of each reporting unit exceeds its carrying amount, goodwill is not considered to be impaired and the second step will not be required. If the carrying amount of a reporting unit exceeds its fair value, the second step compares the implied fair value of goodwill to the carrying value of a reporting unit’s goodwill. The implied fair value of goodwill is determined in a manner similar to accounting for a business acquisition with the allocation of the assessed fair value determined in the first step to the assets and liabilities of the reporting unit. The excess of the fair value of the reporting unit. over the amounts assigned to the assets and liabilities is the implied fair value of goodwill. Estimating fair value is performed by utilizing various valuation techniques, with the primary technique being a discounted cash flow. The fair value of discounted cash flow was determined using management’s estimates and assumptions. Management evaluated the recoverability of goodwill by performing a qualitative assessment before using a two-step impairment test approach at the reporting unit level. If the Company reorganizes its reporting structure in a manner that changes the composition of one or more of its reporting units, goodwill will be reassigned based on the relative fair value of each of the affected reporting units. For the years ended December 31, 2023 and 2022, the Company recorded impairments for goodwill of $ 7,362,187 6,244,555 . ● Impairment of long-lived assets The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If the estimated cash flows from the use of the asset and its eventual disposition below are the asset’s carrying value, then the asset is deemed to be impaired and written down to its fair value. There were no indicators of impairments of these assets as of December 31, 2023 and 2022. ● Convertible notes Convertible notes are recognized initially at fair value, net of upfront fees, debt discounts or premiums, debt issuance costs and other incidental fees. Upfront fees, debt discounts or premiums, debt issuance costs and other incidental fees are recorded as a reduction of the proceeds received and the related accretion is recorded as interest expense in the consolidated income statements over the estimated term of the facilities using the effective interest method. ● Revenue recognition On January 1, 2017, the Company adopted Accounting Standards Update (“ASU”) 2014-09 Revenue from Contracts with Customers (FASB ASC Topic 606) using the modified retrospective approach. The results of applying Topic 606 using the modified retrospective approach were insignificant and did not have a material impact on the Company’s consolidated financial condition, results of operations, cash flows, business process, controls or systems. The core principle underlying the revenue recognition ASU is that the Company will recognize revenue to represent the transfer of goods to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. This will require the Company to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfers to a customer. All of the Company’s contracts have one single performance obligation as the promise to transfer the individual goods is not separately identifiable from other promises in the contracts and is, therefore, not distinct. The initial payments received from pre-ordering are recorded in the advance from customers on the balance sheets and will not be recognized as revenue until transfer of goods. Shipping and handling are activities to fulfill the Company’s promise to transfer goods to customers, which are included in the sale price of the goods. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Revenue recognition (continued) Revenue is recognized or realizable and earned when all five of the following criteria are met: (1) Identify the Contract with a Customer, (2) Identify the Performance Obligations in the Contract, (3) Determine the Transaction Price, (4) Allocate the Transaction Price to the Performance Obligations in the Contract, and (5) Recognize Revenue When (or as) the Entity Satisfies a Performance Obligation. The Company recognizes revenue based upon gross sales minus sales returns and sales incentives that the Company offers to its customers, such as discounts. Revenue is reported net of all value added taxes. The Company generally does not permit customers to return products and historically, customer returns have been immaterial. Revenue expected to be recognized in any future periods related to remaining performance obligations is recorded in advances from customers. As of December 31, 2023 and 2022, the balance of advances from customers was $ 1,004,832 747,093 The following table sets forth the breakdown of our net revenue for the years ended December 31, 2023, 2022 and 2021. SCHEDULE OF NET REVENUE For the years ended December 31 2023 2022 2021 Net % of total Net % of total Net % of total Product category revenue revenue revenue revenue revenue Revenue Grains, oil, and spices $ 98,336 0.9 % $ 473,481 4.3 % $ 3,103,217 25.3 % Beverages, alcohol and tea $ 1,527,256 13.9 % $ 300,799 2.6 % $ 1,808,015 14.7 % Other food $ 643,524 5.9 % $ 726,158 6.6 % $ 1,070,054 8.7 % Meat, poultry and eggs $ 42,616 0.4 % $ 269,880 2.6 % $ 5,355,829 43.7 % Fresh fruits and vegetables $ 74,009 0.7 % $ 311,594 2.8 % $ 597,828 4.9 % Groceries $ 126,459 1.2 % $ 43,980 0.4 % $ 169,501 1.4 % Dried seafood $ 1,283 0.1 % $ 18,326 0.2 % $ 41,088 0.3 % Technology Services $ 8,463,946 76.9 % $ 8,834,353 80.5 % $ 112,919 1.0 % Total $ 10,977,429 100 % $ 10,978,571 100 % $ 12,258,451 100 % On January 1, 2017, the Company also adopted ASU 2016-08 Principle versus Agent Considerations (Reporting Revenue Gross versus Net), which amended the principal-versus-agent implementation guidance and illustrations in ASU 2014-09 to clarify how the principal-versus-agent indicators should be evaluated to support an entity’s conclusion that it controls a specified good or service before it is transferred to a customer. Under the new revenue standards, when a third party is involved in providing goods or services to a customer, the entity must determine whether its performance obligation is to provide the good or service itself (i.e., the entity is a principal) or to arrange for another party to provide the good or service (i.e., the entity is an agent). An entity makes this determination by evaluating the nature of its promise to the customer. An entity is a principal (and, therefore, records revenue on a gross basis) if it controls the promised good or service before transferring it to the customer. An entity is an agent (and records as revenue the net amount it retains as a commission) if its only role is to arrange for another entity to provide the goods or services. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Revenue recognition (continued) Sales on website The Company operates an online platform to sell Clean Food to retail customers and recognizes revenue on a gross basis. The Company is a principal because it controls the promised good or service before transferring it to a customer. This control is determined by the following indicators 1) The Company is the primary obligor in the sales transaction and responsible for providing products and service. 2) The Company bears the inventory risk. The Company will first indemnify customers for product damages and then request reimbursements from suppliers if the suppliers are determined to be responsible for the damages. 3) The Company selects suppliers and runs the entire sales process. 4) The Company sets the product price and has control over the entire transaction. Sales offline In the second half of 2020, the Company started the offline sales which mainly focused on the non-retail customers. For the offline sales, the customers order goods from the Company according to their own needs, then the company will order the corresponding products from the suppliers. The Company’s offline sales have the following categories: grains, fruits, vegetables and meat. Revenue is confirmed upon receipt of the goods. Payment will be made by the customer after the invoice is issued. The Company is a principal because it controls the promised goods or services before transferring them to a customer. This control is determined by the following indicators 1) The Company is the primary obligor in the sales transaction and responsible for providing products and services. 2) The Company bears the inventory risk. The Company will first indemnify customers for product damage and then request reimbursement from suppliers if the suppliers are determined to be responsible for the damage. 3) The Company selects suppliers and runs the entire sales process. 4) The Company sets the product price and has control over the entire transaction. Service revenue The Company generate substantially all of the Company’s services revenue from the following service: (1) Communication Platform-as-a-Service (“CPaaS”) which allows customers to send text messages using the Company’s cloud-based platform through the new acquired subsidiary Code Beating; The Company account for revenue from customers’ usage of text message on the Company’s CPaaS platform as a separate performance obligation. The Company’s service fees are determined by applying the contractual unit price to the monthly usage volume of text messages sent and a contractual monthly fixed charge per subscriber multiplied by the number of subscribers recorded by the Company’s CPaaS platform where relevant. The cloud-based services to send text messages are sold separately to customers with observable standalone selling prices. In accordance with ASC 606, the Company recognize revenue upon the transfer of control of promised services provided to the Company’s customers, in the amount of consideration the Company expect to receive for those services (excluding sales taxes collected on behalf of government authorities). The Company’s revenue contracts generally do not include a right of return in relation to the delivered products or services. (2) Providing technical solutions to customers: The Company generates revenue from providing technical and maintenance services under separate contracts to customers as a principal. The terms of pricing stipulated in the contracts are fixed. One performance obligation is identified in the contracts with customers. Revenue is recognized upon the transfer of control of promised services provided to the Company’s customers, in the amount of consideration the Company expect to receive for those services (excluding sales taxes collected on behalf of government authorities). The Company’s revenue contracts generally do not include a right of return in relation to the delivered products or services. The Company applied a practical expedient to expense costs as incurred for costs to obtain a contract with a customer when the amortization period would have been one year or less. The Company has no material incremental costs of obtaining contracts with customers that the Company expects the benefit of those costs to be longer than one year which need to be recognized as assets. ● Cost of revenues The shipping and handling costs as well as the cost of purchased Clean Food products listed for sale on the Company’s platform are included as part of cost of goods sold. The Company expenses shipping and handling costs in conjunction with sale of its products as incurred. ● Sales and marketing expense Advertising, sales and marketing costs consist primarily of costs for the promotion of business brand and product marketing. The Company expensed all marketing and advertising costs as incurred. ● Research and development expense Research and development expenditures include salaries, wages and other costs of personnel engaged in research and development. Costs of services performed by others for research and development on the Company’s behalf are expensed when incurred. The Company’s research and development expense primarily includes software development and testing. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Income taxes The Company is subject to the income tax laws of the PRC. No taxable income was generated outside the PRC for the years ended December 31, 2023, 2022 and 2021. The Company accounts for income taxes in accordance with ASC740, “Income Taxes”. The provision for income taxes is determined using the asset and liability approach of accounting for income taxes. Under this approach, the provision for income taxes represents income taxes paid or payable (or received or receivable) for the current year plus the change in deferred taxes during the year. Deferred taxes represent the future tax consequences expected to occur when the reported amounts of assets and liabilities are recovered or paid, and result from differences between the financial and tax bases of the Company’s assets and liabilities and are adjusted for changes in tax rates and tax laws when enacted. Valuation allowances are recorded to reduce deferred tax assets when it is more likely than not that a tax benefit will not be realized. In evaluating the need for a valuation allowance, management considers all potential sources of taxable income, including income available in carryback periods, future reversals of taxable temporary differences, projections of taxable income, and income from tax planning strategies, as well as all available positive and negative evidence. Positive evidence includes factors such as a history of profitable operations, projections of future profitability within the carryforward period, including from tax planning strategies, and the Company’s experience with similar operations. Existing favorable contracts and the ability to sell products into established markets are additional positive evidence. Negative evidence includes items such as cumulative losses, projections of future losses, or carryforward periods that are not long enough to allow for the utilization of a deferred tax asset based on existing projections of income. Deferred tax assets for which no valuation allowance is recorded may not be realized upon changes in facts and circumstances, resulting in a future charge to establish a valuation allowance. Tax benefits related to uncertain tax positions taken or expected to be taken on a tax return are recorded when such benefits meet a more likely than not threshold. Otherwise, these tax benefits are recorded when a tax position has been effectively settled, which means that the statute of limitation has expired or the appropriate taxing authority has completed their examination even though the statute of limitations remains open. Interest and penalties related to uncertain tax positions are recognized as part of the provision for income taxes and are accrued beginning in the period that such interest and penalties would be applicable under relevant tax law until such time that the related tax benefits are recognized. There were no material uncertain tax positions as of December 31, 2023 and 2022. All tax returns since the Company’s inception are subject to examination by tax authorities. ● Value added taxes (“VAT”) Sales represents the invoiced value of goods, net of VAT. The VAT is based on gross sales price and VAT rates, depending on the type of products sold. The VAT may be offset by VAT paid by the Company on inventory acquired. The Company recorded a VAT payable net of payments in the accompanying financial statements. All of the VAT returns of the Company have been and remain subject to examination by the tax authorities for five years from the date of filing. Before April 30, 2019, the Company’s product sales revenues were subject to VAT at a reduced rate of 3% and subject to surcharges at a reduced surcharge rate of 6% of the VAT payable since the company is qualified as a small-scale enterprise. the Company is no longer qualified as a small-scale enterprise. The Company’s grains, oil, and spices products are subject to 9% VAT and the other products are subject to 13% VAT. All the Company’s products are subject to tax surcharges at 12% of the VAT payable. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Foreign currency transactions and translations An entity’s functional currency is the currency of the primary economic environment in which it operates, normally that is the currency of the environment in which the entity primarily generates and expends cash. Management’s judgment is essential to determine the functional currency by assessing various indicators, such as cash flows, sales price and market, expenses, financing and inter-company transactions and arrangements. The functional currency of the Company is the Renminbi (“RMB’), and PRC is the primary economic environment in which the Company operates. The reporting currency of these combined financial statements is the United States dollar (“US Dollars” or “$”). For financial reporting purposes, the financial statements of the Company, which are prepared using the RMB, are translated into the Company’s reporting currency, the United States Dollar. Assets and liabilities are translated using the exchange rate at each balance sheet date. Revenue and expenses are translated using average rates prevailing during each reporting period, and shareholders’ equity is translated at historical exchange rates when capital transaction occurred. Adjustments resulting from the translation are recorded as a separate component of accumulated other comprehensive income (loss) in stockholders’ equity. Cash flows from the Company’s operations are calculated based upon the local currencies using the average translation rate. As a result, amounts related to assets and liabilities reported on the statements of cash flows will not necessarily agree with changes in the corresponding balances on the balance sheets. Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transactions. The resulting exchange differences are included in the determination of net loss of the consolidated financial statements for the respective periods. The exchange rates used for foreign currency translation were as follows (US Dollars $1 = RMB): SCHEDULE OF FOREIGN CURRENCY TRANSLATION EXCHANGE RATES Year End Average 12/31/2023 7.0999 7.0809 12/31/2022 6.8972 6.7290 12/31/2021 6.3757 6.4508 No representation is made that the RMB amounts could have been, or could be, converted into U.S. dollars at the rates used in translation. ● Comprehensive loss Comprehensive loss is defined as the change in equity of the Company during a period from transactions and other events and circumstances excluding those resulting from investments by and distributions to shareholders. Accumulated other comprehensive loss, as presented on the accompanying consolidated balance sheets, only consists of cumulative foreign currency translation adjustment. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Fair value of financial instruments The Company also follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures” (“ASC 820-10”), with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows: ● Level 1 ● Level 2: ● Level 3 The carrying amounts reported in the balance sheets for cash, accounts receivable, net, loan receivable, advances to suppliers, other current assets, accounts payable, advance from customers, tax payable, other payables and accrued liabili

ACQUISITIONS

ACQUISITIONS	12 Months Ended
ACQUISITIONS	Dec. 31, 2023
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
ACQUISITIONS	4. ACQUISITIONS ● The acquisition of Yundian On March 31, 2022, the Company entered into a Share Purchase Agreement (“SPA”) with Magnum International Holdings Limited, a British Virgin Islands business company (the “Yundian BVI”), and all the shareholders of Yundian BVI, who collectively hold 100 100 100 $ 6,372,000 9,000,000 These transactions were accounted for under the acquisition method of accounting in accordance with ASC 805, Business Combinations. The results of the Yundian’s operations have been included in the Company’s consolidated financial statements since April 19, 2022 . The revenue and net loss of the Yundian from the acquisition date to December 31, 2022 was $ 21,595 952,590 The following summarizes the identified assets acquired and liabilities assumed pursuant to the acquisition of Yundian as of April 19, 2022: SCHEDULE OF IDENTIFIED ASSETS ACQUIRED AND LIABILITIES Items Amount Assets Cash and cash equivalents $ 4,402 Other current assets 36,575 Accounts receivable Property and equipment, net Other non-current assets Advances to suppliers, net Goodwill 6,596,636 Liabilities Accounts payable (141 ) Advance from customer Accrued expenses and other current liabilities (265,472 ) Total net assets $ 6,372,000 The fair value of all assets acquired and liabilities assumed is the estimated book value of the Yundian. Goodwill represents the excess of the fair value of purchase price over the amounts assigned to the fair value of the assets acquired and the liabilities assumed of Yundian at the acquisition date. The following unaudited pro forma consolidated financial information for the year ended December 31, 2022 is presented as if the acquisitions had been consummated on January 1, 2022 and after giving effect to acquisition accounting adjustments. These pro forma results have been prepared for illustrative purpose only and do not purport to be indicative of what operating results would have been had the acquisition actually taken place on the date indicated and may not be indicative of future operating results. Unaudited pro forma consolidated statements of operations and other comprehensive loss for the year ended December 31, 2022: SCHEDULE OF UNAUDITED PROFORMA CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS Items Year ended December 31, 2022 Revenue $ 10,978,767 Net loss $ (11,219,853 ) 4. ACQUISITIONS (CONTINUED) ● The acquisition of On June 23, 2022, the Company entered into a Stock Purchase Agreement (“SPA”) with Mahaotiaodong Information Technology Company Limited (the “Mahao BVI”) to acquire Code Beating (Xiamen) Technology Company Limited (“Code Beating”). Upon the closing, the aggregate purchase price for Code Beating was $ 6,120,000 10,000,000 These transactions were accounted for under the acquisition method of accounting in accordance with ASC 805, Business Combinations. The results of the Code Beating ’s operations have been included in the Company’s consolidated financial statements since . The revenue and net income of the from the acquisition date to December 31, 2022 was $ 8,680,972 596,412 The following summarizes the identified assets acquired and liabilities assumed pursuant to the acquisition of Yundian as of June 23, 2022: SCHEDULE OF IDENTIFIED ASSETS ACQUIRED AND LIABILITIES Items Amount Assets Cash and cash equivalents $ 21 Accounts receivable 613,198 Advances to suppliers, net 4,343,744 Other current assets 78,073 Goodwill 5,956,203 Liabilities Accounts payable (440,392 ) Advance from customer (4,410,090 ) Accrued expenses and other current liabilities (20,757 ) Total net assets $ 6,120,000 The fair value of all assets acquired and liabilities assumed is the estimated book value of the Code Beating . Goodwill represents the excess of the fair value of purchase price over the amounts assigned to the fair value of the assets acquired and the liabilities assumed of at the acquisition date. The following unaudited pro forma consolidated financial information for the year ended December 31, 2022 is presented as if the acquisitions had been consummated on January 1, 2022 and after giving effect to acquisition accounting adjustments. These pro forma results have been prepared for illustrative purpose only and do not purport to be indicative of what operating results would have been had the acquisition actually taken place on the date indicated and may not be indicative of future operating results. Unaudited pro forma consolidated statements of operations and other comprehensive loss for the year ended December 31, 2022: SCHEDULE OF UNAUDITED PROFORMA CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS Items Year ended December 31, 2022 Revenue $ 11,977,268 Net loss $ (11,218,447 ) ● The acquisition of Yuanxing On December 12, 2022, the Company entered into a Share Purchase Agreement (“SPA”) with Xinfuxin International Holdings Limited, a British Virgin Islands business company (the “Yuanxing BVI”), and all the shareholders of Yuanxing BVI, who collectively hold 100 100 100 $ 2,640,000 12,000,000 4. ACQUISITIONS (CONTINUED) These transactions were accounted for under the acquisition method of accounting in accordance with ASC 805, Business Combinations. The results of the Yuanxing’s operations have been included in the Company’s consolidated financial statements since December 23, 2022 . The revenue and net loss of the Yuanxing from the acquisition date to December 31, 2022 was $ 537,252 169,034 The following summarizes the identified assets acquired and liabilities assumed pursuant to the acquisition of Yuanxing as of December 23, 2022: SCHEDULE OF IDENTIFIED ASSETS ACQUIRED AND LIABILITIES Items Amount Assets Cash and cash equivalents $ 12,484 Accounts receivable 767,120 Advances to suppliers, net 216,927 Other current assets 231,687 Property and equipment, net 3,329 Other non-current assets 17,631 Goodwill 1,744,366 Liabilities Accounts payable (203,901 ) Advance from customer (21,487 ) Accrued expenses and other current liabilities (128,156 ) Total net assets $ 2,640,000 The fair value of all assets acquired and liabilities assumed is the estimated book value of the Yuanxing . Goodwill represents the excess of the fair value of purchase price over the amounts assigned to the fair value of the assets acquired and the liabilities assumed of at the acquisition date. The following unaudited pro forma consolidated financial information for the year ended December 31, 2022 is presented as if the acquisitions had been consummated on January 1, 2022 and after giving effect to acquisition accounting adjustments. These pro forma results have been prepared for illustrative purpose only and do not purport to be indicative of what operating results would have been had the acquisition actually taken place on the date indicated and may not be indicative of future operating results. Unaudited pro forma consolidated statements of operations and other comprehensive loss for the year ended December SCHEDULE OF UNAUDITED PROFORMA CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS Items Year ended December 31, 2022 Revenue $ 12,540,220 Net loss $ (10,811,082 ) MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET	12 Months Ended
ACCOUNTS RECEIVABLE, NET	Dec. 31, 2023
Credit Loss [Abstract]
ACCOUNTS RECEIVABLE, NET	5. ACCOUNTS RECEIVABLE, NET SCHEDULE OF ACCOUNTS RECEIVABLE December 31, December 31, 2023 2022 Accounts receivable $ 3,281,974 4,443,735 Less: allowance for credit losses (407,480 ) (400,262 ) Accounts receivable, net $ 2,874,494 4,043,473 SCHEDULE OF ALLOWANCE FOR ACCOUNTS RECEIVABLE December 31, December 31, 2023 2022 Balance as of the beginning of year $ 400,262 - Additions charged to bad debt expense 29,287 491,868 Translation adjustments (22,069 ) (91,606 ) Balance as of the end of year $ 407,480 400,262 As of December 31, 2023 and 2022, the Company has accounts receivable, net of $ 2,874,494 4,043,473 407,480 400,262

OTHER CURRENT ASSETS

OTHER CURRENT ASSETS	12 Months Ended
OTHER CURRENT ASSETS	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER CURRENT ASSETS	6. OTHER CURRENT ASSETS The other current assets as of December 31, 2023 and 2022 consist of the following: SCHEDULE OF OTHER CURRENT ASSETS December 31, December 31, 2023 2022 Staff advance $ 436,145 268,446 Deposit 88,650 65,659 VAT recoverable 2,780 18,861 Receivable for disposal - 28,997 Others 64,780 4,991 Subtotal 592,355 386,954 Less: allowance for credit losses (126,875 ) - Total of other current assets $ 465,480 386,954 SCHEDULE OF ALLOWANCE FOR OTHER CURRENT ASSETS December 31, December 31, 2023 2022 Balance as of the beginning of year $ - - Additions charged to bad debt expense 116,402 - Translation adjustments 10,473 - Balance as of the end of year $ 126,875 -

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
PROPERTY AND EQUIPMENT	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	7. PROPERTY AND EQUIPMENT Property and equipment consist of the following: SCHEDULE OF PROPERTY AND EQUIPMENT 2023 2022 December 31, 2023 2022 Computer and accessories $ 89,170 $ 63,289 Office Equipment 25,420 202,487 Vehicle 25,365 26,110 Leasehold improvement 350,518 234,744 Property and equipment, gross 350,518 234,744 Less: accumulated depreciation (414,003 ) (343,244 ) Property and equipment, net $ 76,470 $ 183,386 Depreciation expense for the years ended December 31, 2023, 2022 and 2021 was $ 80,775 87,973 109,362

GOODWILL

GOODWILL	12 Months Ended
GOODWILL	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	8. GOODWILL SCHEDULE OF GOODWILL Balance as of December 31, 2022 $ 7,700,569 Addition - Impairment loss (7,362,187 ) Effect of exchange rate (338,382 ) Balance as of December 31, 2023 $ - The goodwill associated with the acquisition of: (i) Yundian of $ 6,596,636 ; (ii) of $ 5,956,203 and (iii) Yuanxing of $ 1,744,366 , were initially recognized at the acquisition closing dates. As of December 31, 2023 and 2022, the goodwill amounted to nil and $ 7,700,569 , respectively. Impairment losses for the years ended December 31, 2023 and 2022 was $ 7,362,187 and $ 6,244,555 , respectively. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

BANK LOANS

BANK LOANS	12 Months Ended
BANK LOANS	Dec. 31, 2023
Debt Disclosure [Abstract]
BANK LOANS	9. BANK LOANS Bank loans represent the amounts due to various banks that are due within and over one year. As of December 31, 2023 and 2022, bank loans consisted of the following: SCHEDULE OF BANK LOANS December 31, December 31, Short-term bank loans: Loan from Bank of Jiangsu (1) $ 39,437 $ 43,496 Loan from China Construction Bank (3) 254,933 $ 288,813 Short-term bank loans 294,370 332,309 Long-term bank loan: Loan from Shenzhen Qianhai Weizhong Bank (2) 123,945 218,722 Long-term bank loan $ 418,315 $ 551,031 (1) On July 7, 2021, Meiwu Shenzhen entered into a loan agreement with Bank of Jiangsu to borrow $ 47,054 July 7, 2022 7.1775 43,496 July 30, 2023 7.134 October 31, 2023 (2) On September 16, 2021, Meiwu Shenzhen entered into a loan agreement with Shenzhen Qianhai Weizhong Bank to borrow $ 414,072 September 16, 2023 8.46 March 16, 2024 (3) On January 6, 2022, Meiwu Shenzhen entered into a loan agreement with China Construction Bank to borrow $ 217,045 January 6, 2023 4.0525 71,768 October 14, 2023 3.90

ACCOUNTS PAYABLE

ACCOUNTS PAYABLE	12 Months Ended
ACCOUNTS PAYABLE	Dec. 31, 2023
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE	10. ACCOUNTS PAYABLE The accounts payable as of December 31, 2023 and 2022 consist of the following: SCHEDULE OF ACCOUNTS PAYABLE December 31, December 31, 2023 2022 Accounts payable to suppliers $ 315,144 1,614,871 Accounts payable for SMS service 2,232,661 3,375,776 Total of Accounts payable $ 2,547,805 4,990,647 MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

RIGHT-OF-USE ASSETS

RIGHT-OF-USE ASSETS	12 Months Ended
RIGHT-OF-USE ASSETS	Dec. 31, 2023
Right-of-use Assets
RIGHT-OF-USE ASSETS	11. RIGHT-OF-USE ASSETS The Company leases office and restaurant premises under non-cancelable operating lease agreements, with an option to renew the leases. Per the new lease standard ASC 842-10-55, these leases are treated as operating leases. Management determined the loan interest rate of 4.75 110,130 96,356 315,516 Rights-of-use assets, net consisted of the following: SCHEDULE OF RIGHTS-TO-USE LEASE ASSETS December 31, December 31, 2023 2022 Leased properties under operating lease $ 293,991 337,084 Less: accumulated amortization (174,935 ) (109,481 ) Right-of-use assets $ 119,056 227,603 The Company does not have any variable lease costs. Cash payment made under the lease agreements is $ 113,981 80,045 329,952 1.16 2.17 9,303 9,631 22,320 SCHEDULE OF FUTURE LEASE COMMITMENTS Future lease commitments 2024 $ 123,438 2025 20,733 Total Lease Payments $ 144,171 Less: imputed interest 　 $ (4,124 ) Present value of lease liabilities 　 $ 140,047 Lease liabilities - Current $ 119,434 Lease liabilities – Non current 20,613 Amortization expense was recognized as lease expense in general and administrative expense. Non-cash portion of amortization expense was $ 102,322 278,957 14,436 The estimated amortization expenses for each of the five succeeding years is as follows: SCHEDULE OF ESTIMATED AMORTIZATION EXPENSES Year ending December 31, Amortization expense 2024 102,048 2025 17,008 Total $ 119,056 On February 23, 2022, Shenzhen Bao’an Industrial Investment Group Co., Ltd(“Bao’an Industrial Investment”) entered a lease with Meiwu Shenzhen to lease our executive offices to us for a lease term from March 1, 2022 to February 28, 2025, at a monthly net rent of RMB 49,743.65 7,802 52,230.83 8,192 54,844.64 8,602 MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

EQUITY

EQUITY	12 Months Ended
EQUITY	Dec. 31, 2023
Equity [Abstract]
EQUITY	12. EQUITY Ordinary shares Meiwu Technology Company Limited is established under the laws of British Virgin Islands on December 4, 2018 with 50,000 1.00 16,666 16,666 1.00 66,666 1.00 66,666 20,000,000 The Company completed IPO of 5,000,000 999,910 5.00 29,999,550 26.5 3.5 On November 23, 2021, the Company entered into a Share Purchase Agreement (“SPA”) with Boxinrui International Holdings Limited, a British Virgin Islands business company (the “Anxin BVI”), and all the shareholders of Anxin BVI, who collectively hold 100 100 7,968,755 50 7,968,755 In March 2022, the Company adopted a share incentive plan, which is referred to as the 2022 Equity Incentive Plan 4,945,313 On March 31, 2022, the Company entered into a Share Purchase Agreement (“SPA”) with Magnum International Holdings Limited, a British Virgin Islands business company (the “Yundian BVI”), and all the shareholders of Yundian BVI, who collectively hold 100 100 100 8.1 no 0.9 9,000,000 MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 12. EQUITY (CONTINUED) On June 23, 2022, the Company entered into a Share Purchase Agreement (“SPA”) with Mahaotiaodong Information Technology Company Limited, a British Virgin Islands business company (the “Mahao BVI”), and all the shareholders of Mahao BVI, who collectively hold 100 100 100 6 no 0.6 10,000,000 On December 12, 2022, the Company entered into a Share Purchase Agreement (“SPA”) with Xinfuxin International Holdings Limited, a British Virgin Islands business company (the “Yuanxing BVI”), and all the shareholders of Yuanxing BVI, who collectively hold 100 100 100 9.6 no 0.8 12,000,000 As of December 31, 2023 and 2022, 2,923,325 1,741,295 no Share Consolidation On November 27, 2023, the shareholders of the Company held an extraordinary general meeting (the “Meeting”) and approved by an ordinary resolution of a share consolidation (the “Share Consolidation”) that every thirty-five ( 35 Additional Paid-in Capital The additional paid-in capital at December 31, 2023 and 2022 was $ 44,515,833 38,571,534 5,944,299 15,185,839 1,408,013

RELATED PARTY BALANCES AND TRAN

RELATED PARTY BALANCES AND TRANSACTIONS	12 Months Ended
RELATED PARTY BALANCES AND TRANSACTIONS	Dec. 31, 2023
Related Party Transactions [Abstract]
RELATED PARTY BALANCES AND TRANSACTIONS	13. RELATED PARTY BALANCES AND TRANSACTIONS SCHEDULE OF RELATED PARTY TRANSACTIONS (1) Related parties with transactions and related party relationships Name of Related Party Relationship to the Company Hanwu Yang Shareholder of the Company Changbin Xia Shareholder of the Company Eternal Horizon International Company Limited As a shareholder of the Company before December 15, 2020 Yanping Guo Legal representative of Vande Mishan City Shenmi Dazhong Management Consulting Partnership (“ShenMi DaZhong”) Shareholder of the Company Haiyan Qin, Hui Wang and other 11 individuals Shareholders of ShenMi DaZhong Shan’xi Nongbei New Agriculture Technology Co., Ltd and other 8 companies Associated with shareholders of ShenMi DaZhong MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 13. RELATED PARTY BALANCES AND TRANSACTIONS (CONTINUED) SCHEDULE OF DUE TO RELATED PARTIES (2) Due to related parties December 31, 2023 December 31, 2022 Eternal Horizon International Company Limited (1) $ 2,257,397 $ 2,323,475 Changbin Xia (2) $ 1,410,621 1,337,164 Other 244,588 19,078 Total $ 3,912,606 $ 3,679,717 (1) During IPO, the underwriters purchased 999,910 4,999,550 2.6 (2) The Company borrowed loans as working capital from one shareholder Changbin Xia as well as the legal representative of Vande. The balance due to related parties is interest-free and due on demand. During the years ended December 31, 2023, 2022 and 2021, the Company purchased $ 18,310 , $ 29,190 and $ 42,692 food products from related parties. As of December 31, 2023 and 2022, the account payable to these related parties is $ 15,627 and $ 14,647 , respectively. For the years ended December 31, 2023, 2022 and 2021, sales to related parties is $ 21,215 , $ 56,625 and $ 151,477 , respectively. The Company’s shareholder, ShenMi DaZhong, and ShenMi DaZhong’s limited partners have received sales commissions of nil , $ 36,793 and $ 27,932 during the years ended December 31, 2023, 2022 and 2021.

CONVERTIBLE NOTES

CONVERTIBLE NOTES	12 Months Ended
CONVERTIBLE NOTES	Dec. 31, 2023
Convertible Notes
CONVERTIBLE NOTES	14. CONVERTIBLE NOTES SCHEDULE OF CONVERTIBLE NOTES December 31, 2023 December 31, 2022 Convertible notes-principal $ - $ 5,500,000 Convertible notes-discount - (316,060 ) Convertible notes-interest - 366,667 Total $ - $ 5,550,607 Convertible notes $ - $ 5,550,607 On January 6, 2022, the Company entered into a securities purchase agreement with five “accredited investors” (the “ Purchasers agreed to sell to each of such Purchasers an unsecured convertible note with an original principal amount of $ 1,100,000 (the “ Note Each of the Notes bears interest at a rate of 10 % per annum compounding daily. Each of the Note includes an original issue discount of $ 100,000.00 along with $ 4,000.00 for Purchasers’ fees, costs and other transaction expenses incurred in connection with the purchase and sale of the Notes. Each of the Purchasers can convert his or her Note at any time after the six-month anniversary of the issuance date at a conversion price of the lower of (i) $ 0.50 or (ii) 80 % of the lowest daily volume-weighted average price in the 20 trading days prior to the date on which the conversion price is measured (the “ Market Price MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

TAXATION

TAXATION	12 Months Ended
TAXATION	Dec. 31, 2023
Income Tax Disclosure [Abstract]
TAXATION	15. TAXATION Income Tax Meiwu Technology Company Limited was incorporated in the British Virgin Islands (“BVI”) as an offshore holding company. Under the current law of the BVI, Meiwu Technology Company Limited is not subject to BVI Meiwu Technology Company Limited’s subsidiary Shenzhen Vande Technology Co., Limited was incorporated in Hong Kong and does not conduct any substantial operations on its own. No provision for Hong Kong profits tax has been made in the financial statements as Shenzhen Vande Technology Co., Limited has no assessable profits. Additionally, upon payments of dividends by Shenzhen Vande Technology Co., Limited to its shareholders, no Hong Kong withholding tax will be imposed. Meiwu Zhishi Technology (Shenzhen) Co., Ltd, formerly known as Wunong Technology (Shenzhen) Co., Ltd, the Company’s PRC operating subsidiaries and VIE, being incorporated in the PRC, are governed by the income tax law of the PRC and is subject to PRC enterprise income tax (“EIT”). The EIT rate of PRC is 25 %, which applies to both domestic and foreign invested enterprises. During the years ended December 31, 2023, 2022 and 2021, the Company and its subsidiary have incurred a net loss approximately of $ 16.3 million, $ 11.2 million and $ 1.1 million As a result, the Company and its subsidiary did not incur any EIT during 2023, 2022 and 2021. In accordance with PRC Tax Administration Law on the Levying and Collection of Taxes, the PRC tax authorities generally have up to five years to assess underpaid tax plus penalties and interest for PRC entities’ tax filings. In the case of tax evasion, which is not clearly defined in the law, there is no limitation on the tax years open for investigation. Accordingly, the PRC entities remain subject to examination by the tax authorities based on the above. For the years ended December 31, 2023, 2022 and 2021, the Company was subject to a 25 % statutory income tax rate. Reconciliation between the statutory rate and the effective tax rate is as follows for the years ended December 31, 2023, 2022 and 2021. SCHEDULE OF RECONCILIATION OF EFFECTIVE TAX RATE 2023 2022 2021 PRC statutory tax rate 25 % 25 % 25 % Net impact of exemption and favorable tax rate rendered by local tax authorities - - - Foreign loss not recognized in PRC 1 % 2 % - % Permanent difference and others (2 )% (4 )% (1 )% Change in valuation allowance (25 )% (25 )% (25 )% Effective tax rate (1 )% (2 )% - Deferred Tax Realization of the net deferred tax assets is dependent on factors including future reversals of existing taxable temporary differences and adequate future taxable income, exclusive of reversing deductible temporary differences and tax loss or credit carry forwards. The Company evaluates the potential realization of deferred tax assets on an entity-by-entity basis. As of December 31, 2023 and 2022, valuation allowance was provided against deferred tax assets in entities where it was determined it was more likely than not that the benefits of the deferred tax assets will not be realized. The Company had deferred tax assets as of December 31, 2023 and 2022, which can be carried forward to offset future taxable income. The management determines it is more likely than not that deferred tax assets could not be recognized, so full allowances were provided as of December 31, 2023 and 2022. The operating loss generated from tax year ending December 31, 2018 carry forward incurred by the Company and subsidiary will expire in year 2024 . The Company maintains a full valuation allowance against its deferred tax assets, since due to uncertainties surrounding future utilization, the Company estimates there will not be sufficient future earnings to utilize its deferred tax assets. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 15. TAXATION (CONTINUED) The Company’s deferred tax assets were as follows: SCHEDULE OF DEFERRED TAX ASSETS December 31, 2023 December 31, 2022 Tax effect of net operating losses carried forward 15,445,085 3,968,729 Valuation allowance (15,445,085 ) (3,968,729 ) Deferred tax assets, net $ - $ - There were no uncertain tax positions as of December 31, 2023 and 2022 and the Company does not believe that this will change over the next twelve months.

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
SEGMENT REPORTING	Dec. 31, 2023
Segment Reporting [Abstract]
SEGMENT REPORTING	16. SEGMENT REPORTING ASC 280, “Segment Reporting”, establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company’s business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. Management, including the chief operating decision maker, reviews operation results by the revenue of different products or services. Based on management’s assessment, the Company has determined that it has three operating segments as defined by ASC 280, including Clean Food platform, restaurant, and others. Adjustments and eliminations of inter-company transactions were not included in determining segment (loss) profit, as they are not used by the chief operating decision maker. The following table presents summary information by segment for the years ended December 2023, 2022 and 2021 respectively: SCHEDULE OF SEGMENT REPORTING Clean Food Platform Technical Service Total For the year ended December 31, 2023 Clean Food Platform Technical Service Total Revenues $ 2,513,483 $ 8,463,946 $ 10,977,429 Cost of goods sold 750,383 7,643,981 8,394,364 Gross profit 1,763,100 819,965 2,583,065 Depreciation and amortization 183,097 - 183,097 Capital expenditures 5,539 - - (Loss) from operations (2,106,150 ) 589,364 (1,516,786 ) Provision for income taxes 927 206,313 207,240 Segment loss (9,775,749 ) (6,536,956 ) (16,312,705 ) Segment assets $ 17,657,856 $ 2,926,423 $ 20,584,279 Clean Food Platform Technical Service Total For the year ended December 31, 2022 Clean Food Platform Technical Service Total Revenues $ 2,144,217 $ 8,834,354 $ 10,978,571 Cost of goods sold 1,905,036 7,898,847 9,803,883 Gross profit 239,181 935,507 1,174,688 Depreciation and amortization 87,973 - 87,973 Capital expenditures 19,437 6,479 25,916 Loss from operations (3,543,160 ) (196,210 ) (3,739,370 ) Provision for income taxes 8,917 202,227 211,144 Segment loss (4,576,496 ) (6,643,355 ) (11,219,851 ) Segment assets $ 36,397,974 $ 1,597,667 $ 37,995,641 Clean Food Platform Restaurant Others Total For the year ended December 31, 2021 Clean Food Platform Restaurant Others Total Revenues $ 12,145,531 $ 100,945 $ 11,975 $ 12,258,451 Cost of goods sold 9,343,635 74,949 22　 9,418,606 Gross profit 2,801,896 25,996 11,953 2,839,845 Depreciation and amortization 237,366 124,215 26,738 388,319 Capital expenditures 49,772 2,912 28,513 81,197 Loss from operations (693,466 ) (259,274 ) (148,957 ) (1,101,697 ) Provision for income taxes - - - - Segment loss (712,163 ) (256,503 ) (148,920 ) (1,117,586 ) Segment assets $ 1,891,075 $ 123,940 $ 26,275,025 $ 28,290,040 MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

COMMITMENTS

COMMITMENTS	12 Months Ended
COMMITMENTS	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS	17. COMMITMENTS Non-cancellable operating leases The following table sets forth our contractual obligations as of December 31, 2023. SCHEDULE OF MATURITIES OF CONTRACTUAL OBLIGATIONS Payment due by December 31 Total 2024 2025 2026 2027 Operating lease commitments for property management expenses under lease agreements $ 50,613 $ 44,498 $ 6,115 $ - $ -

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	18. SUBSEQUENT EVENTS On May 17, 2024, the Company entered into a securities purchase agreement with three unaffiliated investors, pursuant to which, the Company agreed to issue a convertible note (each, a “ Note Notes 10 % original issuance discount (the “ OID Offering 1,000,000 , before any expenses, as the aggregate purchase price of the three Notes. Each of the Notes bears interest at a rate of 10 % per annum compounding daily. All outstanding principal and accrued interest on the Notes will become due and payable eighteen (18) months after the issuance date. Each of the Note includes an original issue discount that equals 10 % of the purchase price. The Company may prepay all or a portion of the Notes at any time by paying 120% of the outstanding balance elected for pre-payment. Each of the Investor can convert his or her Note at any time after the six-month anniversary of the issuance date at a per share conversion price that is equal to the lower of (i) $ 0.50 or (ii) 80 % of the lowest daily volume-weighted average price of the Company’s ordinary shares, no par value (the “ Ordinary Shares Market Price These consolidated financial statements were approved by management and available for issuance on June 20, 2024. The Company has evaluated subsequent events through this date and concluded that there are no additional reportable subsequent events other than that disclosed in above.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of presentation and principles of consolidation	● Basis of presentation and principles of consolidation These accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and have been consistently applied. The consolidated financial statements include the accounts of the Company, its subsidiaries, and the VIE. All intercompany balances and transactions between the Company, its subsidiaries and the VIE are eliminated upon consolidation.
Consolidation of Variable Interest Entity	● Consolidation of Variable Interest Entity A VIE is an entity that either has a total equity investment that is insufficient to finance its activities without additional subordinated financial support, or whose equity investments lack the characteristics of a controlling financial interest, such as through voting rights, and the right to receive the expected residual returns of the entity. The variable interest holder, if any, that has a controlling financial interest in a VIE is deemed to be the primary beneficiary of, and must consolidate, the VIE. Guo Gang Tong Trade (Shenzhen) Co., Ltd is deemed to have a controlling financial interest in and be the primary beneficiary of Meiwu Shenzhen because it has both of the following characteristics: (1) The power to direct activities at Meiwu Shenzhen that most significantly impact such entity’s economic performance, and (2) The right to receive benefits from Meiwu Shenzhen that could potentially be significant to such entity. Pursuant to the contractual arrangements with Meiwu Shenzhen, Meiwu Shenzhen pays service fees equal to all of its net profit after tax payments to WFOE. Such contractual arrangements are designed so that Meiwu Shenzhen operates for the benefit of Guo Gang Tong Trade (Shenzhen) Co. Ltd and ultimately, the Company. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Consolidation of Variable Interest Entity (continued) Accordingly, the accounts of the Meiwu Shenzhen and its subsidiaries are consolidated in our financial statements pursuant to ASC 810-10, Consolidation. In addition, their financial positions and results of operations are included in our financial statements. The carrying amount of this VIE’s assets and liabilities are as follows: SCHEDULE OF CONSOLIDATION OF VARIABLE INTEREST ENTITY December 31, December 31, 2023 2022 Current assets $ 485,789 $ 702,484 Property and equipment, net 71,121 180,072 Right of Use Lease Assets, net 119,056 227,603 Other non-current assets - 115,186 Total assets 675,966 1,225,345 Total current liabilities 6,836,474 6,127,461 Total non-current liabilities 386,329 362,885 2023 2022 2021 For the years ended December 31, 2023 2022 2021 Revenue $ 2,457,246 $ 1,738,752 $ 12,258,451 Cost of revenue 747,206 1,309,778 9,418,606 Operating expenses 2,988,017 2,667,254 3,923,748 Net loss (1,435,993 ) (2,695,110 ) (1,099,792 ) 2023 2022 2021 December 31, 2023 2022 2021 Net cash provided by (used in) operating activities $ (199,661 ) $ 238,434 $ (8,500,703 ) Net cash used in investing activities (1,745 ) - (81,197 ) Net cash (used in) provided by financing activities 111,051 (856,123 ) 1,826,612 Effect of changes of foreign exchange rate on cash (2,711 ) 292,532 155,891 Net decrease in cash and cash equivalents (93,066 ) (325,157 ) (6,599,397 ) MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Use of estimates	● Use of estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Management makes these estimates using the best information available at the time the estimates are made; however actual results could differ from those estimates. Significant items subject to such estimates and assumptions include, but are not limited to, valuation of inventory, and recoverability of carrying amount and the estimated useful lives of fixed assets, and implicit interest rate of operating leases.
Business combinations	● Business combinations The Company accounted for its business combination using the acquisition method of accounting in accordance with ASC 805 “Business Combinations”. The cost of an acquisition is measured as the aggregate of the acquisition date fair values of the assets transferred and liabilities incurred by the Company to the sellers and equity instruments issued. Transaction costs directly attributable to the acquisition are expensed as incurred. Identifiable assets and liabilities acquired or assumed are measured separately at their fair values as of the acquisition date, irrespective of the extent of any non-controlling interests. The excess of (i) the total costs of acquisition, fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the fair value of the identifiable net assets of the acquiree is recorded as goodwill. If the cost of acquisition is less than the acquisition date amounts of the net assets of the subsidiary acquired, the difference is recognized directly in the consolidated income statements. During the measurement period, which can be up to one year from the acquisition date, the Company may record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Subsequent to the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any further adjustments are recorded in the consolidated income statements. In a business combination achieved in stages, the Company re-measures the previously held equity interest in the acquiree immediately before obtaining control at its acquisition date fair value and the re-measurement gain or loss, if any, is recognized in the consolidated income statements. When there is a change in ownership interests or a change in contractual arrangements that results in a loss of control of a subsidiary, the Company deconsolidates the subsidiary from the date control is lost. Any retained non-controlling investment in the former subsidiary is measured at fair value and is included in the calculation of the gain or loss upon deconsolidation of the subsidiary.
Cash	● Cash Cash consist of cash on hand, cash in bank with no restrictions, as well as highly liquid investments which are unrestricted as to withdrawal or use, and which have remaining maturities of three months or less when initially purchased.
Accounts receivable, net	● Accounts receivable, net Accounts receivable, net mainly represent amounts due from clients and are recorded net of allowance for doubtful accounts. The Company mitigates the associated risks by performing credit checks and actively pursuing past due accounts. An allowance for doubtful accounts is established and recorded based on management’s assessment of historical bad debts, creditworthiness and financial conditions of the clients, current economic trends and changes in client payment patterns. Past due accounts are generally written off against the allowance for bad debts only after all collection attempts have been exhausted and the potential for recovery is considered remote. The allowance was $ 407,480 400,262 nil
Inventories, net	● Inventories, net The Company values its inventories at the lower of cost or net realizable value. The cost of inventories is calculated using the first in first out basis. Where there is evidence that the utility of inventories, in their disposal in the ordinary course of business, will be less than cost, whether due to physical deterioration, obsolescence, changes in price levels, or other causes, the inventories are written down to net realizable value. Net realizable value is the estimated selling price in the normal course of business less any costs to complete and sell products. Any idle facility costs or excessive spoilage are recorded as current period charges. There was no inventory impairment for the years ended December 31, 2023, 2022 and 2021. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Advances to suppliers	● Advances to suppliers Advances to suppliers represent prepayments made to certain suppliers of Clean Food. To ensure continuous high-quality supplies and favorable purchase prices of Clean Food, the Company is required from time to time to make cash advances when placing its purchase orders. The Company reviews its advances to suppliers on a periodic basis and makes general and specific allowances when there is doubt as to the ability of a supplier to provide supplies to the Company or refund the advance. As of December 31, 2023, 2022 and 2021, the allowances was $ 269,740 68,511 144,520
Property and equipment	● Property and equipment Property and equipment are stated at cost less accumulated depreciation. The cost of an asset comprises its purchase price and any directly attributable costs of bringing the asset to its present working condition and location for its intended use. Depreciation is computed using the straight-line method over estimated useful lives listed below: SCHEDULE OF ESTIMATED USEFUL LIVES OF PROPERTY AND EQUIPMENT Estimated Useful Life Computers and accessories 3 Vehicle 5 Office Equipment 5 Leasehold improvement 5 When computers and accessories, vehicle, and office equipment are retired or otherwise disposed of, resulting gain or loss is included in net income or loss in the year of disposition for the difference between the net book value and proceeds received thereon. Maintenance and repairs which do not improve or extend the expected useful lives of the assets are charged to expenses as incurred. Leasehold improvements are amortized using the straight-line method over the remaining lease term. Depreciation for equipment commences once it is placed in service and amortization of leasehold improvements commences once they are ready for our intended use. Construction in progress is related to office renovation that has not yet been completed for our intended use. Capitalization of the cost of renovation ceases and the construction in progress is transferred to leasehold improvement when substantially all the renovations are completed. Construction in progress is not depreciated until they are ready for our intended use. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Leased property under operating leases	● Leased property under operating leases The Company early adopted ASU 2016-02, “Leases” on January 1st, 2017 and used modified retrospective method that requires application at the beginning of the earliest comparative year presented. The most significant impact upon adoption relates to the recognition of new Right-of-use (“ROU”) assets and lease liabilities on the Company’s balance sheet for office space leases. Upon adoption, the Company recognized additional lease liabilities of $ 22,192
Goodwill	● Goodwill Goodwill represents the excess of the consideration paid of an acquisition over the fair value of the net identifiable assets of the acquired subsidiary at the date of acquisition. Goodwill is not amortized, and is tested for impairment at least annually, more often when circumstances indicate impairment may have occurred. Goodwill is carried at cost less accumulated impairment losses. If impairment exists, goodwill is immediately written off to its fair value and the loss is recognized in the consolidated statements of operations and comprehensive (loss) income. Impairment losses on goodwill are not reversed. The Company has the opinion to assess qualitative factors to determine whether it is necessary to perform the two-step in accordance with ASC 350-20. If the Company believes, as a result of the qualitative carrying amount, the two-step quantities impairment test described below is required. The first step compares the fair values of each reporting unit to its carrying amount, including goodwill. If the fair value of each reporting unit exceeds its carrying amount, goodwill is not considered to be impaired and the second step will not be required. If the carrying amount of a reporting unit exceeds its fair value, the second step compares the implied fair value of goodwill to the carrying value of a reporting unit’s goodwill. The implied fair value of goodwill is determined in a manner similar to accounting for a business acquisition with the allocation of the assessed fair value determined in the first step to the assets and liabilities of the reporting unit. The excess of the fair value of the reporting unit. over the amounts assigned to the assets and liabilities is the implied fair value of goodwill. Estimating fair value is performed by utilizing various valuation techniques, with the primary technique being a discounted cash flow. The fair value of discounted cash flow was determined using management’s estimates and assumptions. Management evaluated the recoverability of goodwill by performing a qualitative assessment before using a two-step impairment test approach at the reporting unit level. If the Company reorganizes its reporting structure in a manner that changes the composition of one or more of its reporting units, goodwill will be reassigned based on the relative fair value of each of the affected reporting units. For the years ended December 31, 2023 and 2022, the Company recorded impairments for goodwill of $ 7,362,187 6,244,555 .
Impairment of long-lived assets	● Impairment of long-lived assets The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If the estimated cash flows from the use of the asset and its eventual disposition below are the asset’s carrying value, then the asset is deemed to be impaired and written down to its fair value. There were no indicators of impairments of these assets as of December 31, 2023 and 2022.
Convertible notes	● Convertible notes Convertible notes are recognized initially at fair value, net of upfront fees, debt discounts or premiums, debt issuance costs and other incidental fees. Upfront fees, debt discounts or premiums, debt issuance costs and other incidental fees are recorded as a reduction of the proceeds received and the related accretion is recorded as interest expense in the consolidated income statements over the estimated term of the facilities using the effective interest method.
Revenue recognition	● Revenue recognition On January 1, 2017, the Company adopted Accounting Standards Update (“ASU”) 2014-09 Revenue from Contracts with Customers (FASB ASC Topic 606) using the modified retrospective approach. The results of applying Topic 606 using the modified retrospective approach were insignificant and did not have a material impact on the Company’s consolidated financial condition, results of operations, cash flows, business process, controls or systems. The core principle underlying the revenue recognition ASU is that the Company will recognize revenue to represent the transfer of goods to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. This will require the Company to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfers to a customer. All of the Company’s contracts have one single performance obligation as the promise to transfer the individual goods is not separately identifiable from other promises in the contracts and is, therefore, not distinct. The initial payments received from pre-ordering are recorded in the advance from customers on the balance sheets and will not be recognized as revenue until transfer of goods. Shipping and handling are activities to fulfill the Company’s promise to transfer goods to customers, which are included in the sale price of the goods. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Revenue recognition (continued) Revenue is recognized or realizable and earned when all five of the following criteria are met: (1) Identify the Contract with a Customer, (2) Identify the Performance Obligations in the Contract, (3) Determine the Transaction Price, (4) Allocate the Transaction Price to the Performance Obligations in the Contract, and (5) Recognize Revenue When (or as) the Entity Satisfies a Performance Obligation. The Company recognizes revenue based upon gross sales minus sales returns and sales incentives that the Company offers to its customers, such as discounts. Revenue is reported net of all value added taxes. The Company generally does not permit customers to return products and historically, customer returns have been immaterial. Revenue expected to be recognized in any future periods related to remaining performance obligations is recorded in advances from customers. As of December 31, 2023 and 2022, the balance of advances from customers was $ 1,004,832 747,093 The following table sets forth the breakdown of our net revenue for the years ended December 31, 2023, 2022 and 2021. SCHEDULE OF NET REVENUE For the years ended December 31 2023 2022 2021 Net % of total Net % of total Net % of total Product category revenue revenue revenue revenue revenue Revenue Grains, oil, and spices $ 98,336 0.9 % $ 473,481 4.3 % $ 3,103,217 25.3 % Beverages, alcohol and tea $ 1,527,256 13.9 % $ 300,799 2.6 % $ 1,808,015 14.7 % Other food $ 643,524 5.9 % $ 726,158 6.6 % $ 1,070,054 8.7 % Meat, poultry and eggs $ 42,616 0.4 % $ 269,880 2.6 % $ 5,355,829 43.7 % Fresh fruits and vegetables $ 74,009 0.7 % $ 311,594 2.8 % $ 597,828 4.9 % Groceries $ 126,459 1.2 % $ 43,980 0.4 % $ 169,501 1.4 % Dried seafood $ 1,283 0.1 % $ 18,326 0.2 % $ 41,088 0.3 % Technology Services $ 8,463,946 76.9 % $ 8,834,353 80.5 % $ 112,919 1.0 % Total $ 10,977,429 100 % $ 10,978,571 100 % $ 12,258,451 100 % On January 1, 2017, the Company also adopted ASU 2016-08 Principle versus Agent Considerations (Reporting Revenue Gross versus Net), which amended the principal-versus-agent implementation guidance and illustrations in ASU 2014-09 to clarify how the principal-versus-agent indicators should be evaluated to support an entity’s conclusion that it controls a specified good or service before it is transferred to a customer. Under the new revenue standards, when a third party is involved in providing goods or services to a customer, the entity must determine whether its performance obligation is to provide the good or service itself (i.e., the entity is a principal) or to arrange for another party to provide the good or service (i.e., the entity is an agent). An entity makes this determination by evaluating the nature of its promise to the customer. An entity is a principal (and, therefore, records revenue on a gross basis) if it controls the promised good or service before transferring it to the customer. An entity is an agent (and records as revenue the net amount it retains as a commission) if its only role is to arrange for another entity to provide the goods or services. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) ● Revenue recognition (continued) Sales on website The Company operates an online platform to sell Clean Food to retail customers and recognizes revenue on a gross basis. The Company is a principal because it controls the promised good or service before transferring it to a customer. This control is determined by the following indicators 1) The Company is the primary obligor in the sales transaction and responsible for providing products and service. 2) The Company bears the inventory risk. The Company will first indemnify customers for product damages and then request reimbursements from suppliers if the suppliers are determined to be responsible for the damages. 3) The Company selects suppliers and runs the entire sales process. 4) The Company sets the product price and has control over the entire transaction. Sales offline In the second half of 2020, the Company started the offline sales which mainly focused on the non-retail customers. For the offline sales, the customers order goods from the Company according to their own needs, then the company will order the corresponding products from the suppliers. The Company’s offline sales have the following categories: grains, fruits, vegetables and meat. Revenue is confirmed upon receipt of the goods. Payment will be made by the customer after the invoice is issued. The Company is a principal because it controls the promised goods or services before transferring them to a customer. This control is determined by the following indicators 1) The Company is the primary obligor in the sales transaction and responsible for providing products and services. 2) The Company bears the inventory risk. The Company will first indemnify customers for product damage and then request reimbursement from suppliers if the suppliers are determined to be responsible for the damage. 3) The Company selects suppliers and runs the entire sales process. 4) The Company sets the product price and has control over the entire transaction. Service revenue The Company generate substantially all of the Company’s services revenue from the following service: (1) Communication Platform-as-a-Service (“CPaaS”) which allows customers to send text messages using the Company’s cloud-based platform through the new acquired subsidiary Code Beating; The Company account for revenue from customers’ usage of text message on the Company’s CPaaS platform as a separate performance obligation. The Company’s service fees are determined by applying the contractual unit price to the monthly usage volume of text messages sent and a contractual monthly fixed charge per subscriber multiplied by the number of subscribers recorded by the Company’s CPaaS platform where relevant. The cloud-based services to send text messages are sold separately to customers with observable standalone selling prices. In accordance with ASC 606, the Company recognize revenue upon the transfer of control of promised services provided to the Company’s customers, in the amount of consideration the Company expect to receive for those services (excluding sales taxes collected on behalf of government authorities). The Company’s revenue contracts generally do not include a right of return in relation to the delivered products or services. (2) Providing technical solutions to customers: The Company generates revenue from providing technical and maintenance services under separate contracts to customers as a principal. The terms of pricing stipulated in the contracts are fixed. One performance obligation is identified in the contracts with customers. Revenue is recognized upon the transfer of control of promised services provided to the Company’s customers, in the amount of consideration the Company expect to receive for those services (excluding sales taxes collected on behalf of government authorities). The Company’s revenue contracts generally do not include a right of return in relation to the delivered products or services. The Company applied a practical expedient to expense costs as incurred for costs to obtain a contract with a customer when the amortization period would have been one year or less. The Company has no material incremental costs of obtaining contracts with customers that the Company expects the benefit of those costs to be longer than one year which need to be recognized as assets.
Cost of revenues	● Cost of revenues The shipping and handling costs as well as the cost of purchased Clean Food products listed for sale on the Company’s platform are included as part of cost of goods sold. The Company expenses shipping and handling costs in conjunction with sale of its products as incurred.
Sales and marketing expense	● Sales and marketing expense Advertising, sales and marketing costs consist primarily of costs for the promotion of business brand and product marketing. The Company expensed all marketing and advertising costs as incurred.
Research and development expense	● Research and development expense Research and development expenditures include salaries, wages and other costs of personnel engaged in research and development. Costs of services performed by others for research and development on the Company’s behalf are expensed when incurred. The Company’s research and development expense primarily includes software development and testing. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Income taxes	● Income taxes The Company is subject to the income tax laws of the PRC. No taxable income was generated outside the PRC for the years ended December 31, 2023, 2022 and 2021. The Company accounts for income taxes in accordance with ASC740, “Income Taxes”. The provision for income taxes is determined using the asset and liability approach of accounting for income taxes. Under this approach, the provision for income taxes represents income taxes paid or payable (or received or receivable) for the current year plus the change in deferred taxes during the year. Deferred taxes represent the future tax consequences expected to occur when the reported amounts of assets and liabilities are recovered or paid, and result from differences between the financial and tax bases of the Company’s assets and liabilities and are adjusted for changes in tax rates and tax laws when enacted. Valuation allowances are recorded to reduce deferred tax assets when it is more likely than not that a tax benefit will not be realized. In evaluating the need for a valuation allowance, management considers all potential sources of taxable income, including income available in carryback periods, future reversals of taxable temporary differences, projections of taxable income, and income from tax planning strategies, as well as all available positive and negative evidence. Positive evidence includes factors such as a history of profitable operations, projections of future profitability within the carryforward period, including from tax planning strategies, and the Company’s experience with similar operations. Existing favorable contracts and the ability to sell products into established markets are additional positive evidence. Negative evidence includes items such as cumulative losses, projections of future losses, or carryforward periods that are not long enough to allow for the utilization of a deferred tax asset based on existing projections of income. Deferred tax assets for which no valuation allowance is recorded may not be realized upon changes in facts and circumstances, resulting in a future charge to establish a valuation allowance. Tax benefits related to uncertain tax positions taken or expected to be taken on a tax return are recorded when such benefits meet a more likely than not threshold. Otherwise, these tax benefits are recorded when a tax position has been effectively settled, which means that the statute of limitation has expired or the appropriate taxing authority has completed their examination even though the statute of limitations remains open. Interest and penalties related to uncertain tax positions are recognized as part of the provision for income taxes and are accrued beginning in the period that such interest and penalties would be applicable under relevant tax law until such time that the related tax benefits are recognized. There were no material uncertain tax positions as of December 31, 2023 and 2022. All tax returns since the Company’s inception are subject to examination by tax authorities.
Value added taxes (“VAT”)	● Value added taxes (“VAT”) Sales represents the invoiced value of goods, net of VAT. The VAT is based on gross sales price and VAT rates, depending on the type of products sold. The VAT may be offset by VAT paid by the Company on inventory acquired. The Company recorded a VAT payable net of payments in the accompanying financial statements. All of the VAT returns of the Company have been and remain subject to examination by the tax authorities for five years from the date of filing. Before April 30, 2019, the Company’s product sales revenues were subject to VAT at a reduced rate of 3% and subject to surcharges at a reduced surcharge rate of 6% of the VAT payable since the company is qualified as a small-scale enterprise. the Company is no longer qualified as a small-scale enterprise. The Company’s grains, oil, and spices products are subject to 9% VAT and the other products are subject to 13% VAT. All the Company’s products are subject to tax surcharges at 12% of the VAT payable. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Foreign currency transactions and translations	● Foreign currency transactions and translations An entity’s functional currency is the currency of the primary economic environment in which it operates, normally that is the currency of the environment in which the entity primarily generates and expends cash. Management’s judgment is essential to determine the functional currency by assessing various indicators, such as cash flows, sales price and market, expenses, financing and inter-company transactions and arrangements. The functional currency of the Company is the Renminbi (“RMB’), and PRC is the primary economic environment in which the Company operates. The reporting currency of these combined financial statements is the United States dollar (“US Dollars” or “$”). For financial reporting purposes, the financial statements of the Company, which are prepared using the RMB, are translated into the Company’s reporting currency, the United States Dollar. Assets and liabilities are translated using the exchange rate at each balance sheet date. Revenue and expenses are translated using average rates prevailing during each reporting period, and shareholders’ equity is translated at historical exchange rates when capital transaction occurred. Adjustments resulting from the translation are recorded as a separate component of accumulated other comprehensive income (loss) in stockholders’ equity. Cash flows from the Company’s operations are calculated based upon the local currencies using the average translation rate. As a result, amounts related to assets and liabilities reported on the statements of cash flows will not necessarily agree with changes in the corresponding balances on the balance sheets. Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transactions. The resulting exchange differences are included in the determination of net loss of the consolidated financial statements for the respective periods. The exchange rates used for foreign currency translation were as follows (US Dollars $1 = RMB): SCHEDULE OF FOREIGN CURRENCY TRANSLATION EXCHANGE RATES Year End Average 12/31/2023 7.0999 7.0809 12/31/2022 6.8972 6.7290 12/31/2021 6.3757 6.4508 No representation is made that the RMB amounts could have been, or could be, converted into U.S. dollars at the rates used in translation.
Comprehensive loss	● Comprehensive loss Comprehensive loss is defined as the change in equity of the Company during a period from transactions and other events and circumstances excluding those resulting from investments by and distributions to shareholders. Accumulated other comprehensive loss, as presented on the accompanying consolidated balance sheets, only consists of cumulative foreign currency translation adjustment. MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Fair value of financial instruments	● Fair value of financial instruments The Company also follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures” (“ASC 820-10”), with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows: ● Level 1 ● Level 2: ● Level 3 The carrying amounts reported in the balance sheets for cash, accounts receivable, net, loan receivable, advances to suppliers, other current assets, accounts payable, advance from customers, tax payable, other payables and accrued liabilities approximate their fair value based on the short-term maturity of these instruments.
Concentration risk	● Concentration risk A majority of the Company’s transactions are denominated in RMB and a significant portion of the Company and its subsidiaries’ assets and liabilities are denominated in RMB. RMB is not freely convertible into foreign currencies. In the PRC, certain foreign exchange transactions are required by law to be transacted only by authorized financial institutions at exchange rates set by the People’s Bank of China (“PBOC”). Remittances in currencies other than RMB by the Company in China must be processed through the PBOC or other China foreign exchange regulatory bodies which require certain supporting documentation in order to affect the remittance. Under PRC regulations, each bank account is insured by People’s bank of China with the maximum amount of RMB 500,000 78,423 16,062,047 23,716,768 For the years ended December 31, 2023, 2022 and 2021, most of the Company’s assets were located in the PRC and all of the Company’s revenues were derived from the PRC. For the year ended December 31, 2023, three major suppliers accounted for approximately 33.3 28.9 13.0 22.3 19.5 15.9 11.4 8.3 38.2 29.4 28.7 14.4 33.1 MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Recent accounting pronouncements	● Recent accounting pronouncements In June 2022, the FASB issued ASU 2022-03, “Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions”, which clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also clarify that an entity cannot, as a separate unit of account, recognize and measure a contractual sale restriction. This guidance also requires certain disclosures for equity securities subject to contractual sale restrictions. The new guidance is required to be applied prospectively with any adjustments from the adoption of the amendments recognized in earnings and disclosed on the date of adoption. This guidance is effective for fiscal years beginning after 15 December 2023, including interim periods within those fiscal years. Early adoption is permitted. The Group does not expect that the adoption of this guidance will have a material impact on the financial position, results of operations and cash flows. In September 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The Board is issuing the amendments in this Update to enhance the transparency and decision usefulness of income tax disclosures. Investors currently rely on the rate reconciliation table and other disclosures, including total income taxes paid, to evaluate income tax risks and opportunities. While investors find these disclosures helpful, they suggested possible enhancements to better (1) understand an entity’s exposure to potential changes in jurisdictional tax legislation and the ensuing risks and opportunities, (2) assess income tax information that affects cash flow forecasts and capital allocation decisions, and (3) identify potential opportunities to increase future cash flows. The Board decided that the amendments should be effective for public business entities for annual periods beginning after December 15, 2024. In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280)”: Improvements to Reportable Segment Disclosures. This ASU improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses and do not change how a public entity identifies its operating segments, aggregates those operating segments, or applies the quantitative thresholds to determine its reportable segments. The amendments in this Update are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company does not expect that the adoption of this guidance will have a material impact on the financial position, results of operations and cash flows. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company’s consolidated financial statements upon adoption.

ORGANIZATION AND BUSINESS BAC_2

ORGANIZATION AND BUSINESS BACKGROUND (Tables)	12 Months Ended
ORGANIZATION AND BUSINESS BACKGROUND (Tables)	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SCHEDULE OF SUBSIDIARIES AND ASSOCIATES	As of December 31, 2023, details of the subsidiaries of the Company are set out below: SCHEDULE OF SUBSIDIARIES AND ASSOCIATES Name of Entity Date of Incorporation Place of Incorporation % of Ownership Principal Activities Meiwu Technology Company Limited (“Meiwu” or the “Company”, formerly known as Wunong Net Technology Company Limited) December 4, 2018 British Virgin Islands Parent Holding Company Shenzhen Vande Technology Co., Limited (“Vande”) April 6, 2017 Hong Kong 100 Holding Company Magnum International Holdings Limited (“Yundian BVI”) July 30, 2021 British Virgin Islands 100 Holding Company Mahaotiaodong Information Technology Company Limited (“Mahao BVI”) December 29, 2021 British Virgin Islands 100 Holding Company Xinfuxin International Holdings Limited (“Yuanxing BVI”) June 27, 2018 British Virgin Islands 100 Holding Company Guo Gang Tong Trade (Shenzhen) Co., Ltd (“WFOE”) December 28, 2018 Shenzhen, China 100 Holding Company Yun Tent Technology Company Limited (“YunTent”) August 10, 2021 Hong Kong 100% owned by Yundian BVI Holding Company DELIMOND Limited (“DELIMOND”) January 3, 2019 Hong Kong 100% owned by Mahao BVI Holding Company MEIWU TECHNOLOGY COMPANY LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 1. ORGANIZATION AND BUSINESS BACKGROUND (CONTINUED) Name of Entity Date of Incorporation Place of Incorporation % of Ownership Principal Activities Antai Medical Limited (“Antai”) January 20, 2017 Hong Kong 100% owned by Yuanxing BVI Holding Company Dalian Yundian Zhiteng Technology Company Limited (“Yundian”) April 8, 2020 Dalian, China 100% owned by YunTent Technology service Code Beating (Xiamen) Technology Company Limited (“Code Beating”) May 21, 2020 Xiamen, China 100% owned by DELIMOND Short messages service Hunan Yuanxing Chanrong Technology Co., Ltd (“Yuanxing”) April 25, 2019 Chenzhou, China 100% owned by Antai Technology service, fruits and frozen products sales Meiwu Zhishi Technology (Shenzhen) Co., Ltd (“Meiwu Shenzhen”, formerly known as Wunong Technology (Shenzhen) Co., Ltd) June 16, 2015 Shenzhen, China VIE An electronic online platform designed to provide primarily Clean Food to customers in China Meiwu Catering Chain Management (Shenzhen) Co., Ltd (“Meiwu Catering”, formerly known as Wunong Catering Chain Management (Shenzhen) Co., Ltd) November 27, 2018 Shenzhen, China 100% owned by Meiwu Shenzhen Restaurant service, food sales Wude Agricultural Technology (Shanghai) Co., Ltd (“Wude Shanghai”) September 29, 2020 Shanghai, China 51% owned by Meiwu Shenzhen Food selling, agricultural products purchase and wholesale Heme Brand Chain Management (Shenzhen) Co., Ltd. (“Heme Shenzhen”) May 12, 2022 Shenzhen, China 100% owned by Meiwu Shenzhen Drink sales Heme Catering Management (Shenzhen) Co., Ltd (“Heme Catering”) July 22, 2022 Shenzhen, China 100% owned by Heme Shenzhen Drink sales Shenzhen Jiayuan Liquor Sales Co., Ltd. (“Shenzhen Jiayuan”) May 4, 2023 Shenzhen, China 70% owned by Meiwu Shenzhen Alcohol sales

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Dec. 31, 2023
Accounting Policies [Abstract]
SCHEDULE OF CONSOLIDATION OF VARIABLE INTEREST ENTITY	SCHEDULE OF CONSOLIDATION OF VARIABLE INTEREST ENTITY December 31, December 31, 2023 2022 Current assets $ 485,789 $ 702,484 Property and equipment, net 71,121 180,072 Right of Use Lease Assets, net 119,056 227,603 Other non-current assets - 115,186 Total assets 675,966 1,225,345 Total current liabilities 6,836,474 6,127,461 Total non-current liabilities 386,329 362,885 2023 2022 2021 For the years ended December 31, 2023 2022 2021 Revenue $ 2,457,246 $ 1,738,752 $ 12,258,451 Cost of revenue 747,206 1,309,778 9,418,606 Operating expenses 2,988,017 2,667,254 3,923,748 Net loss (1,435,993 ) (2,695,110 ) (1,099,792 ) 2023 2022 2021 December 31, 2023 2022 2021 Net cash provided by (used in) operating activities $ (199,661 ) $ 238,434 $ (8,500,703 ) Net cash used in investing activities (1,745 ) - (81,197 ) Net cash (used in) provided by financing activities 111,051 (856,123 ) 1,826,612 Effect of changes of foreign exchange rate on cash (2,711 ) 292,532 155,891 Net decrease in cash and cash equivalents (93,066 ) (325,157 ) (6,599,397 )
SCHEDULE OF ESTIMATED USEFUL LIVES OF PROPERTY AND EQUIPMENT	SCHEDULE OF ESTIMATED USEFUL LIVES OF PROPERTY AND EQUIPMENT Estimated Useful Life Computers and accessories 3 Vehicle 5 Office Equipment 5 Leasehold improvement 5
SCHEDULE OF NET REVENUE	The following table sets forth the breakdown of our net revenue for the years ended December 31, 2023, 2022 and 2021. SCHEDULE OF NET REVENUE For the years ended December 31 2023 2022 2021 Net % of total Net % of total Net % of total Product category revenue revenue revenue revenue revenue Revenue Grains, oil, and spices $ 98,336 0.9 % $ 473,481 4.3 % $ 3,103,217 25.3 % Beverages, alcohol and tea $ 1,527,256 13.9 % $ 300,799 2.6 % $ 1,808,015 14.7 % Other food $ 643,524 5.9 % $ 726,158 6.6 % $ 1,070,054 8.7 % Meat, poultry and eggs $ 42,616 0.4 % $ 269,880 2.6 % $ 5,355,829 43.7 % Fresh fruits and vegetables $ 74,009 0.7 % $ 311,594 2.8 % $ 597,828 4.9 % Groceries $ 126,459 1.2 % $ 43,980 0.4 % $ 169,501 1.4 % Dried seafood $ 1,283 0.1 % $ 18,326 0.2 % $ 41,088 0.3 % Technology Services $ 8,463,946 76.9 % $ 8,834,353 80.5 % $ 112,919 1.0 % Total $ 10,977,429 100 % $ 10,978,571 100 % $ 12,258,451 100 %
SCHEDULE OF FOREIGN CURRENCY TRANSLATION EXCHANGE RATES	The exchange rates used for foreign currency translation were as follows (US Dollars $1 = RMB): SCHEDULE OF FOREIGN CURRENCY TRANSLATION EXCHANGE RATES Year End Average 12/31/2023 7.0999 7.0809 12/31/2022 6.8972 6.7290 12/31/2021 6.3757 6.4508

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
ACQUISITIONS (Tables)	Dec. 31, 2023
Yundian [Member]
Business Acquisition [Line Items]
SCHEDULE OF IDENTIFIED ASSETS ACQUIRED AND LIABILITIES	The following summarizes the identified assets acquired and liabilities assumed pursuant to the acquisition of Yundian as of April 19, 2022: SCHEDULE OF IDENTIFIED ASSETS ACQUIRED AND LIABILITIES Items Amount Assets Cash and cash equivalents $ 4,402 Other current assets 36,575 Accounts receivable Property and equipment, net Other non-current assets Advances to suppliers, net Goodwill 6,596,636 Liabilities Accounts payable (141 ) Advance from customer Accrued expenses and other current liabilities (265,472 ) Total net assets $ 6,372,000
SCHEDULE OF UNAUDITED PROFORMA CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS	Unaudited pro forma consolidated statements of operations and other comprehensive loss for the year ended December 31, 2022: SCHEDULE OF UNAUDITED PROFORMA CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS Items Year ended December 31, 2022 Revenue $ 10,978,767 Net loss $ (11,219,853 )
Code Beating [Member]
Business Acquisition [Line Items]
SCHEDULE OF IDENTIFIED ASSETS ACQUIRED AND LIABILITIES	The following summarizes the identified assets acquired and liabilities assumed pursuant to the acquisition of Yundian as of June 23, 2022: SCHEDULE OF IDENTIFIED ASSETS ACQUIRED AND LIABILITIES Items Amount Assets Cash and cash equivalents $ 21 Accounts receivable 613,198 Advances to suppliers, net 4,343,744 Other current assets 78,073 Goodwill 5,956,203 Liabilities Accounts payable (440,392 ) Advance from customer (4,410,090 ) Accrued expenses and other current liabilities (20,757 ) Total net assets $ 6,120,000
SCHEDULE OF UNAUDITED PROFORMA CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS	Unaudited pro forma consolidated statements of operations and other comprehensive loss for the year ended December 31, 2022: SCHEDULE OF UNAUDITED PROFORMA CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS Items Year ended December 31, 2022 Revenue $ 11,977,268 Net loss $ (11,218,447 )
Yuanxing [Member]
Business Acquisition [Line Items]
SCHEDULE OF IDENTIFIED ASSETS ACQUIRED AND LIABILITIES	The following summarizes the identified assets acquired and liabilities assumed pursuant to the acquisition of Yuanxing as of December 23, 2022: SCHEDULE OF IDENTIFIED ASSETS ACQUIRED AND LIABILITIES Items Amount Assets Cash and cash equivalents $ 12,484 Accounts receivable 767,120 Advances to suppliers, net 216,927 Other current assets 231,687 Property and equipment, net 3,329 Other non-current assets 17,631 Goodwill 1,744,366 Liabilities Accounts payable (203,901 ) Advance from customer (21,487 ) Accrued expenses and other current liabilities (128,156 ) Total net assets $ 2,640,000
SCHEDULE OF UNAUDITED PROFORMA CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS	Unaudited pro forma consolidated statements of operations and other comprehensive loss for the year ended December SCHEDULE OF UNAUDITED PROFORMA CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS Items Year ended December 31, 2022 Revenue $ 12,540,220 Net loss $ (10,811,082 )

ACCOUNTS RECEIVABLE, NET (Table

ACCOUNTS RECEIVABLE, NET (Tables)	12 Months Ended
ACCOUNTS RECEIVABLE, NET (Tables)	Dec. 31, 2023
Credit Loss [Abstract]
SCHEDULE OF ACCOUNTS RECEIVABLE	SCHEDULE OF ACCOUNTS RECEIVABLE December 31, December 31, 2023 2022 Accounts receivable $ 3,281,974 4,443,735 Less: allowance for credit losses (407,480 ) (400,262 ) Accounts receivable, net $ 2,874,494 4,043,473
SCHEDULE OF ALLOWANCE FOR ACCOUNTS RECEIVABLE	SCHEDULE OF ALLOWANCE FOR ACCOUNTS RECEIVABLE December 31, December 31, 2023 2022 Balance as of the beginning of year $ 400,262 - Additions charged to bad debt expense 29,287 491,868 Translation adjustments (22,069 ) (91,606 ) Balance as of the end of year $ 407,480 400,262

OTHER CURRENT ASSETS (Tables)

OTHER CURRENT ASSETS (Tables)	12 Months Ended
OTHER CURRENT ASSETS (Tables)	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
SCHEDULE OF OTHER CURRENT ASSETS	The other current assets as of December 31, 2023 and 2022 consist of the following: SCHEDULE OF OTHER CURRENT ASSETS December 31, December 31, 2023 2022 Staff advance $ 436,145 268,446 Deposit 88,650 65,659 VAT recoverable 2,780 18,861 Receivable for disposal - 28,997 Others 64,780 4,991 Subtotal 592,355 386,954 Less: allowance for credit losses (126,875 ) - Total of other current assets $ 465,480 386,954
SCHEDULE OF ALLOWANCE FOR OTHER CURRENT ASSETS	SCHEDULE OF ALLOWANCE FOR OTHER CURRENT ASSETS December 31, December 31, 2023 2022 Balance as of the beginning of year $ - - Additions charged to bad debt expense 116,402 - Translation adjustments 10,473 - Balance as of the end of year $ 126,875 -

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
PROPERTY AND EQUIPMENT (Tables)	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
SCHEDULE OF PROPERTY AND EQUIPMENT	Property and equipment consist of the following: SCHEDULE OF PROPERTY AND EQUIPMENT 2023 2022 December 31, 2023 2022 Computer and accessories $ 89,170 $ 63,289 Office Equipment 25,420 202,487 Vehicle 25,365 26,110 Leasehold improvement 350,518 234,744 Property and equipment, gross 350,518 234,744 Less: accumulated depreciation (414,003 ) (343,244 ) Property and equipment, net $ 76,470 $ 183,386

GOODWILL (Tables)

GOODWILL (Tables)	12 Months Ended
GOODWILL (Tables)	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF GOODWILL	SCHEDULE OF GOODWILL Balance as of December 31, 2022 $ 7,700,569 Addition - Impairment loss (7,362,187 ) Effect of exchange rate (338,382 ) Balance as of December 31, 2023 $ -

BANK LOANS (Tables)

BANK LOANS (Tables)	12 Months Ended
BANK LOANS (Tables)	Dec. 31, 2023
Debt Disclosure [Abstract]
SCHEDULE OF BANK LOANS	Bank loans represent the amounts due to various banks that are due within and over one year. As of December 31, 2023 and 2022, bank loans consisted of the following: SCHEDULE OF BANK LOANS December 31, December 31, Short-term bank loans: Loan from Bank of Jiangsu (1) $ 39,437 $ 43,496 Loan from China Construction Bank (3) 254,933 $ 288,813 Short-term bank loans 294,370 332,309 Long-term bank loan: Loan from Shenzhen Qianhai Weizhong Bank (2) 123,945 218,722 Long-term bank loan $ 418,315 $ 551,031 (1) On July 7, 2021, Meiwu Shenzhen entered into a loan agreement with Bank of Jiangsu to borrow $ 47,054 July 7, 2022 7.1775 43,496 July 30, 2023 7.134 October 31, 2023 (2) On September 16, 2021, Meiwu Shenzhen entered into a loan agreement with Shenzhen Qianhai Weizhong Bank to borrow $ 414,072 September 16, 2023 8.46 March 16, 2024 (3) On January 6, 2022, Meiwu Shenzhen entered into a loan agreement with China Construction Bank to borrow $ 217,045 January 6, 2023 4.0525 71,768 October 14, 2023 3.90

ACCOUNTS PAYABLE (Tables)

ACCOUNTS PAYABLE (Tables)	12 Months Ended
ACCOUNTS PAYABLE (Tables)	Dec. 31, 2023
Payables and Accruals [Abstract]
SCHEDULE OF ACCOUNTS PAYABLE	The accounts payable as of December 31, 2023 and 2022 consist of the following: SCHEDULE OF ACCOUNTS PAYABLE December 31, December 31, 2023 2022 Accounts payable to suppliers $ 315,144 1,614,871 Accounts payable for SMS service 2,232,661 3,375,776 Total of Accounts payable $ 2,547,805 4,990,647

RIGHT-OF-USE ASSETS (Tables)

RIGHT-OF-USE ASSETS (Tables)	12 Months Ended
RIGHT-OF-USE ASSETS (Tables)	Dec. 31, 2023
Right-of-use Assets
SCHEDULE OF RIGHTS-TO-USE LEASE ASSETS	Rights-of-use assets, net consisted of the following: SCHEDULE OF RIGHTS-TO-USE LEASE ASSETS December 31, December 31, 2023 2022 Leased properties under operating lease $ 293,991 337,084 Less: accumulated amortization (174,935 ) (109,481 ) Right-of-use assets $ 119,056 227,603
SCHEDULE OF FUTURE LEASE COMMITMENTS	SCHEDULE OF FUTURE LEASE COMMITMENTS Future lease commitments 2024 $ 123,438 2025 20,733 Total Lease Payments $ 144,171 Less: imputed interest 　 $ (4,124 ) Present value of lease liabilities 　 $ 140,047 Lease liabilities - Current $ 119,434 Lease liabilities – Non current 20,613
SCHEDULE OF ESTIMATED AMORTIZATION EXPENSES	The estimated amortization expenses for each of the five succeeding years is as follows: SCHEDULE OF ESTIMATED AMORTIZATION EXPENSES Year ending December 31, Amortization expense 2024 102,048 2025 17,008 Total $ 119,056

RELATED PARTY BALANCES AND TR_2

RELATED PARTY BALANCES AND TRANSACTIONS (Tables)	12 Months Ended
RELATED PARTY BALANCES AND TRANSACTIONS (Tables)	Dec. 31, 2023
Related Party Transactions [Abstract]
SCHEDULE OF RELATED PARTY TRANSACTIONS	SCHEDULE OF RELATED PARTY TRANSACTIONS (1) Related parties with transactions and related party relationships Name of Related Party Relationship to the Company Hanwu Yang Shareholder of the Company Changbin Xia Shareholder of the Company Eternal Horizon International Company Limited As a shareholder of the Company before December 15, 2020 Yanping Guo Legal representative of Vande Mishan City Shenmi Dazhong Management Consulting Partnership (“ShenMi DaZhong”) Shareholder of the Company Haiyan Qin, Hui Wang and other 11 individuals Shareholders of ShenMi DaZhong Shan’xi Nongbei New Agriculture Technology Co., Ltd and other 8 companies Associated with shareholders of ShenMi DaZhong
SCHEDULE OF DUE TO RELATED PARTIES	SCHEDULE OF DUE TO RELATED PARTIES (2) Due to related parties December 31, 2023 December 31, 2022 Eternal Horizon International Company Limited (1) $ 2,257,397 $ 2,323,475 Changbin Xia (2) $ 1,410,621 1,337,164 Other 244,588 19,078 Total $ 3,912,606 $ 3,679,717 (1) During IPO, the underwriters purchased 999,910 4,999,550 2.6 (2) The Company borrowed loans as working capital from one shareholder Changbin Xia as well as the legal representative of Vande. The balance due to related parties is interest-free and due on demand.

CONVERTIBLE NOTES (Tables)

CONVERTIBLE NOTES (Tables)	12 Months Ended
CONVERTIBLE NOTES (Tables)	Dec. 31, 2023
Convertible Notes
SCHEDULE OF CONVERTIBLE NOTES	SCHEDULE OF CONVERTIBLE NOTES December 31, 2023 December 31, 2022 Convertible notes-principal $ - $ 5,500,000 Convertible notes-discount - (316,060 ) Convertible notes-interest - 366,667 Total $ - $ 5,550,607 Convertible notes $ - $ 5,550,607

TAXATION (Tables)

TAXATION (Tables)	12 Months Ended
TAXATION (Tables)	Dec. 31, 2023
Income Tax Disclosure [Abstract]
SCHEDULE OF RECONCILIATION OF EFFECTIVE TAX RATE	Reconciliation between the statutory rate and the effective tax rate is as follows for the years ended December 31, 2023, 2022 and 2021. SCHEDULE OF RECONCILIATION OF EFFECTIVE TAX RATE 2023 2022 2021 PRC statutory tax rate 25 % 25 % 25 % Net impact of exemption and favorable tax rate rendered by local tax authorities - - - Foreign loss not recognized in PRC 1 % 2 % - % Permanent difference and others (2 )% (4 )% (1 )% Change in valuation allowance (25 )% (25 )% (25 )% Effective tax rate (1 )% (2 )% -
SCHEDULE OF DEFERRED TAX ASSETS	The Company’s deferred tax assets were as follows: SCHEDULE OF DEFERRED TAX ASSETS December 31, 2023 December 31, 2022 Tax effect of net operating losses carried forward 15,445,085 3,968,729 Valuation allowance (15,445,085 ) (3,968,729 ) Deferred tax assets, net $ - $ -

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
SEGMENT REPORTING (Tables)	Dec. 31, 2023
Segment Reporting [Abstract]
SCHEDULE OF SEGMENT REPORTING	SCHEDULE OF SEGMENT REPORTING Clean Food Platform Technical Service Total For the year ended December 31, 2023 Clean Food Platform Technical Service Total Revenues $ 2,513,483 $ 8,463,946 $ 10,977,429 Cost of goods sold 750,383 7,643,981 8,394,364 Gross profit 1,763,100 819,965 2,583,065 Depreciation and amortization 183,097 - 183,097 Capital expenditures 5,539 - - (Loss) from operations (2,106,150 ) 589,364 (1,516,786 ) Provision for income taxes 927 206,313 207,240 Segment loss (9,775,749 ) (6,536,956 ) (16,312,705 ) Segment assets $ 17,657,856 $ 2,926,423 $ 20,584,279 Clean Food Platform Technical Service Total For the year ended December 31, 2022 Clean Food Platform Technical Service Total Revenues $ 2,144,217 $ 8,834,354 $ 10,978,571 Cost of goods sold 1,905,036 7,898,847 9,803,883 Gross profit 239,181 935,507 1,174,688 Depreciation and amortization 87,973 - 87,973 Capital expenditures 19,437 6,479 25,916 Loss from operations (3,543,160 ) (196,210 ) (3,739,370 ) Provision for income taxes 8,917 202,227 211,144 Segment loss (4,576,496 ) (6,643,355 ) (11,219,851 ) Segment assets $ 36,397,974 $ 1,597,667 $ 37,995,641 Clean Food Platform Restaurant Others Total For the year ended December 31, 2021 Clean Food Platform Restaurant Others Total Revenues $ 12,145,531 $ 100,945 $ 11,975 $ 12,258,451 Cost of goods sold 9,343,635 74,949 22　 9,418,606 Gross profit 2,801,896 25,996 11,953 2,839,845 Depreciation and amortization 237,366 124,215 26,738 388,319 Capital expenditures 49,772 2,912 28,513 81,197 Loss from operations (693,466 ) (259,274 ) (148,957 ) (1,101,697 ) Provision for income taxes - - - - Segment loss (712,163 ) (256,503 ) (148,920 ) (1,117,586 ) Segment assets $ 1,891,075 $ 123,940 $ 26,275,025 $ 28,290,040

COMMITMENTS (Tables)

COMMITMENTS (Tables)	12 Months Ended
COMMITMENTS (Tables)	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
SCHEDULE OF MATURITIES OF CONTRACTUAL OBLIGATIONS	The following table sets forth our contractual obligations as of December 31, 2023. SCHEDULE OF MATURITIES OF CONTRACTUAL OBLIGATIONS Payment due by December 31 Total 2024 2025 2026 2027 Operating lease commitments for property management expenses under lease agreements $ 50,613 $ 44,498 $ 6,115 $ - $ -

SCHEDULE OF SUBSIDIARIES AND AS

SCHEDULE OF SUBSIDIARIES AND ASSOCIATES (Details)	12 Months Ended
SCHEDULE OF SUBSIDIARIES AND ASSOCIATES (Details)	Dec. 31, 2023
Wunong Net Technology Company Limited [Member]
Date of Incorporation	December 4, 2018
Place of Incorporation	British Virgin Islands
% of Ownership description	Parent
Principal Activities	Holding Company
Shenzhen Vande Technology Co., Limited [Member]
Date of Incorporation	April 6, 2017
Place of Incorporation	Hong Kong
% of Ownership description	100
Principal Activities	Holding Company
Magnum International Holdings Limited [Member]
Date of Incorporation	July 30, 2021
Place of Incorporation	British Virgin Islands
% of Ownership description	100
Principal Activities	Holding Company
Mahaotiaodong Information Technology Company Limited [Member]
Date of Incorporation	December 29, 2021
Place of Incorporation	British Virgin Islands
% of Ownership description	100
Principal Activities	Holding Company
Xinfuxin International Holdings Limited [Member]
Date of Incorporation	June 27, 2018
Place of Incorporation	British Virgin Islands
% of Ownership description	100
Principal Activities	Holding Company
Guo Gang Tong Trade (Shenzhen) Co., Ltd [Member]
Date of Incorporation	December 28, 2018
Place of Incorporation	Shenzhen, China
% of Ownership description	100
Principal Activities	Holding Company
Yun Tent Technology Company Limited [Member]
Date of Incorporation	August 10, 2021
Place of Incorporation	Hong Kong
% of Ownership description	100% owned by Yundian BVI
Principal Activities	Holding Company
DELIMOND Limited [Member]
Date of Incorporation	January 3, 2019
Place of Incorporation	Hong Kong
% of Ownership description	100% owned by Mahao BVI
Principal Activities	Holding Company
Antai Medical Limited [Member]
Date of Incorporation	January 20, 2017
Place of Incorporation	Hong Kong
% of Ownership description	100% owned by Yuanxing BVI
Principal Activities	Holding Company
Dalian Yundian Zhiteng Technology Company Limited [Member]
Date of Incorporation	April 8, 2020
Place of Incorporation	Dalian, China
% of Ownership description	100% owned by YunTent
Principal Activities	Technology service
Code Beating Technology Company Limited [Member]
Date of Incorporation	May 21, 2020
Place of Incorporation	Xiamen, China
% of Ownership description	100% owned by DELIMOND
Principal Activities	Short messages service
Hunan Yuanxing Chanrong Technology Co Ltd [Member]
Date of Incorporation	April 25, 2019
Place of Incorporation	Chenzhou, China
% of Ownership description	100% owned by Antai
Principal Activities	Technology service, fruits and frozen products sales
Meiwu Zhishi Technology [Member]
Date of Incorporation	June 16, 2015
Place of Incorporation	Shenzhen, China
% of Ownership description	VIE
Principal Activities	An electronic online platform designed to provide primarily Clean Food to customers in China
Wunong Catering Chain Management (Shenzhen) Co., Ltd [Member]
Date of Incorporation	November 27, 2018
Place of Incorporation	Shenzhen, China
% of Ownership description	100% owned by Meiwu Shenzhen
Principal Activities	Restaurant service, food sales
Wude Agricultural Technology Shanghai Co Ltd [Member]
Date of Incorporation	September 29, 2020
Place of Incorporation	Shanghai, China
% of Ownership description	51% owned by Meiwu Shenzhen
Principal Activities	Food selling, agricultural products purchase and wholesale
Heme Brand Chain Management Co Ltd [Member]
Date of Incorporation	May 12, 2022
Place of Incorporation	Shenzhen, China
% of Ownership description	100% owned by Meiwu Shenzhen
Principal Activities	Drink sales
Heme Catering Management Co Ltd [Member]
Date of Incorporation	July 22, 2022
Place of Incorporation	Shenzhen, China
% of Ownership description	100% owned by Heme Shenzhen
Principal Activities	Drink sales
Shenzhen Jiayuan Liquor Sales Co Ltd [Member]
Date of Incorporation	May 4, 2023
Place of Incorporation	Shenzhen, China
% of Ownership description	70% owned by Meiwu Shenzhen
Principal Activities	Alcohol sales

ORGANIZATION AND BUSINESS BAC_3

ORGANIZATION AND BUSINESS BACKGROUND (Details Narrative)	Dec. 23, 2022 USD ($) $ / shares shares	Dec. 12, 2022 USD ($) $ / shares shares	Jun. 23, 2022 USD ($) $ / shares shares	Mar. 31, 2022 USD ($) $ / shares shares	Dec. 28, 2021 USD ($)	Dec. 28, 2021 CNY (¥)	Apr. 29, 2021 USD ($)	Apr. 29, 2021 CNY (¥)	Dec. 17, 2020 USD ($) $ / shares shares	Nov. 15, 2019 USD ($) $ / shares shares	Dec. 31, 2023 $ / shares	Dec. 31, 2022 $ / shares	Jul. 22, 2022 USD ($)	Jul. 22, 2022 CNY (¥)	May 12, 2022 USD ($)	May 12, 2022 CNY (¥)	Jan. 28, 2021	Dec. 15, 2020	Dec. 14, 2020	Dec. 11, 2020	Dec. 10, 2020 USD ($)	Dec. 10, 2020 CNY (¥)	Nov. 04, 2020 USD ($)	Nov. 04, 2020 CNY (¥)	Oct. 20, 2020 USD ($)	Oct. 20, 2020 CNY (¥)	Sep. 29, 2020 USD ($)	Sep. 29, 2020 CNY (¥)	Dec. 28, 2018 CNY (¥)	Dec. 04, 2018 $ / shares	Jun. 16, 2015 CNY (¥)
Capital \| ¥																													¥ 5,000,000
Shares issued \| shares										16,666
Share issued price per share										$ 1
Total consideration \| $										$ 16,666
Common stock par value											$ 0	$ 0																		$ 1
Baode Supply Chain (Shenzhen) Co., Ltd [Member]
Total consideration \| ¥						¥ 200,000
IPO [Member]
Shares issued \| shares									5,000,000
Share issued price per share									$ 5
Proceeds from sale of stock \| $									$ 25,000,000
Underwriters [Member]
Proceeds from sale of stock \| $									$ 29,999,550
Purchase of ordinary shares \| shares									999,910
Purchase value of ordinary shares \| $									$ 4,999,550
Wunong Shenzhen [Member]
Ownership percentage																											51%	51%
Liu [Member]
Ownership percentage																											25%	25%
Huang [Member]
Ownership percentage																											24%	24%
Ze Yu [Member]
Ownership percentage																				100%
Haiyan Qin [Member]
Ownership percentage																			100%
Baode Supply Chain (Shenzhen) Co., Ltd [Member]
Ownership percentage					30%	30%
Baode Supply Chain (Shenzhen) Co., Ltd [Member] \| Mr. Shiliang Ma [Member]
Ownership percentage					51%	51%
Meiwu Shenzhen [Member]
Ownership percentage															51%	51%
Heme Consulting [Member]
Ownership percentage															49%	49%
Equity Transfer Agreement [Member] \| Wunong Shenzhen [Member]
Ownership percentage																	51%
Equity Transfer Agreement [Member] \| Wunong Technology Shenzhen Co Ltd [Member]
Ownership percentage																	51%	51%							51%	51%
Equity Transfer Agreement [Member] \| Shiliang Ma [Member]
Ownership percentage																									30%	30%
Equity Transfer Agreement [Member] \| Yongqiang He [Member]
Ownership percentage																									19%	19%
Equity Transfer Agreement [Member] \| Yafang Liu [Member]
Ownership percentage																		100%
Wunong Technology Shenzhen Co Ltd [Member] \| Contractual Agreement [Member]
Capital \| ¥																															¥ 5,000,000
Wunong Technology Shenzhen Co Ltd [Member] \| Equity Transfer Agreement [Member]
Capital																									$ 781,466	¥ 5,000,000
Wude Agricultural Technology Shanghai Co Ltd [Member]
Capital																											$ 3,100,000	¥ 20,000,000
Baode Supply Chain (Shenzhen) Co., Ltd [Member]
Total consideration \| $					$ 31,405
Baode Supply Chain (Shenzhen) Co., Ltd [Member] \| Equity Transfer Agreement [Member]
Increased in capital							$ 4,600,000	¥ 30,000,000
Wunong Technology (Liaoning) Co., Ltd [Member]
Capital																							$ 1,400,000	¥ 8,880,000
Wunong Technology (Shaanxi) Co., Ltd [Member]
Capital																					$ 1,300,000	¥ 8,800,000
Yundian BVI [Member] \| Stock Purchase Agreement [Member] \| Common Stock [Member]
Shares issued \| shares				9,000,000
Total consideration \| $				$ 8,100,000
Common stock par value				$ 0
Share price				$ 0.9
Heme Shenzhen [Member]
Capital															$ 1,500,000	¥ 10,000,000
Mahao BVI [Member] \| Stock Purchase Agreement [Member] \| Common Stock [Member]
Shares issued \| shares			10,000,000
Total consideration \| $			$ 6,000,000
Common stock par value			$ 0
Share price			$ 0.6
Heme Catering [Member]
Capital													$ 1,500,000	¥ 10,000,000
Yuanxing BVI [Member] \| Stock Purchase Agreement [Member] \| Common Stock [Member]
Shares issued \| shares	12,000,000	12,000,000
Total consideration \| $	$ 9,600,000	$ 9,600,000
Common stock par value	$ 0	$ 0
Share price	$ 0.8	$ 0.8

LIQUIDITY (Details Narrative)

LIQUIDITY (Details Narrative) - USD ($)	12 Months Ended
LIQUIDITY (Details Narrative) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash	$ 16,062,047	$ 23,716,768
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	16,312,705	11,219,851	$ 1,117,586
Working capital	12,900,000	21,500,000
Shareholders equity	9,414,353	$ 20,208,341
Major Shareholders [Member]
Shareholders equity	$ 171,874

SCHEDULE OF CONSOLIDATION OF VA

SCHEDULE OF CONSOLIDATION OF VARIABLE INTEREST ENTITY (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current assets	$ 20,388,753	$ 29,874,190
Property and equipment, net	76,470	183,386
Right of Use Lease Assets, net	119,056	227,603
Total assets	20,584,279	37,995,641
Total current liabilities	7,511,208	8,346,217
Total non-current liabilities	4,057,164	9,593,209
Revenue	10,977,429	10,978,571	$ 12,258,451
Cost of revenue	8,394,364	9,803,883	9,418,606
Operating expenses	4,099,851	4,914,058	3,941,542
Net loss	(16,312,705)	(11,219,851)	(1,117,586)
Net cash provided by (used in) operating activities	(7,422,839)	(5,522,340)	(8,691,506)
Net cash used in investing activities	(5,539)	(25,916)	26,418,803
Net cash (used in) provided by financing activities	276,794	2,877,500	1,113,279
Effect of changes of foreign exchange rate on cash	(503,137)	(246,808)	765,792
Net decrease in cash and cash equivalents	(7,654,721)	(2,917,564)	19,606,368
Variable Interest Entity, Primary Beneficiary [Member]
Current assets	485,789	702,484
Property and equipment, net	71,121	180,072
Right of Use Lease Assets, net	119,056	227,603
Other non-current assets		115,186
Total assets	675,966	1,225,345
Total current liabilities	6,836,474	6,127,461
Total non-current liabilities	386,329	362,885
Revenue	2,457,246	1,738,752	12,258,451
Cost of revenue	747,206	1,309,778	9,418,606
Operating expenses	2,988,017	2,667,254	3,923,748
Net loss	(1,435,993)	(2,695,110)	(1,099,792)
Net cash provided by (used in) operating activities	(199,661)	238,434	(8,500,703)
Net cash used in investing activities	(1,745)		(81,197)
Net cash (used in) provided by financing activities	111,051	(856,123)	1,826,612
Effect of changes of foreign exchange rate on cash	(2,711)	292,532	155,891
Net decrease in cash and cash equivalents	$ (93,066)	$ (325,157)	$ (6,599,397)

SCHEDULE OF ESTIMATED USEFUL LI

SCHEDULE OF ESTIMATED USEFUL LIVES OF PROPERTY AND EQUIPMENT (Details)	Dec. 31, 2023
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	3 years
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	5 years
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	5 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	5 years

SCHEDULE OF NET REVENUE (Detail

SCHEDULE OF NET REVENUE (Details) - USD ($)	12 Months Ended
SCHEDULE OF NET REVENUE (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Product Information [Line Items]
Total net revenue	$ 10,977,429	$ 10,978,571	$ 12,258,451
Total net revenue percentage	100%	100%	100%
Grains, Oil, and Spices [Member]
Product Information [Line Items]
Total net revenue	$ 98,336	$ 473,481	$ 3,103,217
Total net revenue percentage	0.90%	4.30%	25.30%
Beverages, Alcohol and Tea [Member]
Product Information [Line Items]
Total net revenue	$ 1,527,256	$ 300,799	$ 1,808,015
Total net revenue percentage	13.90%	2.60%	14.70%
Other Food [Member]
Product Information [Line Items]
Total net revenue	$ 643,524	$ 726,158	$ 1,070,054
Total net revenue percentage	5.90%	6.60%	8.70%
Meat, Poultry and Eggs [Member]
Product Information [Line Items]
Total net revenue	$ 42,616	$ 269,880	$ 5,355,829
Total net revenue percentage	0.40%	2.60%	43.70%
Fresh Fruits and Vegetables [Member]
Product Information [Line Items]
Total net revenue	$ 74,009	$ 311,594	$ 597,828
Total net revenue percentage	0.70%	2.80%	4.90%
Groceries [Member]
Product Information [Line Items]
Total net revenue	$ 126,459	$ 43,980	$ 169,501
Total net revenue percentage	1.20%	0.40%	1.40%
Dried Seafood [Member]
Product Information [Line Items]
Total net revenue	$ 1,283	$ 18,326	$ 41,088
Total net revenue percentage	0.10%	0.20%	0.30%
Technology Services [Member]
Product Information [Line Items]
Total net revenue	$ 8,463,946	$ 8,834,353	$ 112,919
Total net revenue percentage	76.90%	80.50%	1%

SCHEDULE OF FOREIGN CURRENCY TR

SCHEDULE OF FOREIGN CURRENCY TRANSLATION EXCHANGE RATES (Details)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Year End [Member]
Debt Instrument [Line Items]
Foreign currency exchange rate, translation	7.0999	6.8972	6.3757
Average [Member]
Debt Instrument [Line Items]
Foreign currency exchange rate, translation	7.0809	6.7290	6.4508

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)			12 Months Ended
	May 01, 2019	Apr. 30, 2019	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2023 CNY (¥)	Jan. 01, 2017 USD ($)
Product Information [Line Items]
Allowance for accounts receivable			$ 407,480	$ 400,262
Advance to suppliers			269,740	68,511	$ 144,520
Additional lease liability			119,434	107,467
Impairments for goodwill			7,362,187	6,244,555
Advances from customers			1,004,832	747,093
Value added tax description	the Company is no longer qualified as a small-scale enterprise. The Company’s grains, oil, and spices products are subject to 9% VAT and the other products are subject to 13% VAT. All the Company’s products are subject to tax surcharges at 12% of the VAT payable.	the Company’s product sales revenues were subject to VAT at a reduced rate of 3% and subject to surcharges at a reduced surcharge rate of 6% of the VAT payable since the company is qualified as a small-scale enterprise.
Cash insured amount			78,423			¥ 500,000
Cash			$ 16,062,047	$ 23,716,768
Supplier Concentration Risk [Member] \| Purchases Risk [Member] \| Supplier One [Member]
Product Information [Line Items]
Concentration risk, percentage			33.30%	22.30%
Supplier Concentration Risk [Member] \| Purchases Risk [Member] \| Supplier Two [Member]
Product Information [Line Items]
Concentration risk, percentage			28.90%	19.50%
Supplier Concentration Risk [Member] \| Purchases Risk [Member] \| Supplier Three [Member]
Product Information [Line Items]
Concentration risk, percentage			13%	15.90%
Supplier Concentration Risk [Member] \| Purchases Risk [Member] \| Supplier Four [Member]
Product Information [Line Items]
Concentration risk, percentage				11.40%
Supplier Concentration Risk [Member] \| Purchases Risk [Member] \| One Major Supplier [Member]
Product Information [Line Items]
Concentration risk, percentage					8.30%
Supplier Concentration Risk [Member] \| Accounts Payable [Member] \| Supplier One [Member]
Product Information [Line Items]
Concentration risk, percentage				29.40%
Supplier Concentration Risk [Member] \| Accounts Payable [Member] \| Supplier Two [Member]
Product Information [Line Items]
Concentration risk, percentage				28.70%
Supplier Concentration Risk [Member] \| Accounts Payable [Member] \| Supplier Three [Member]
Product Information [Line Items]
Concentration risk, percentage				14.40%
Supplier Concentration Risk [Member] \| Accounts Payable [Member] \| One Major Supplier [Member]
Product Information [Line Items]
Concentration risk, percentage			38.20%		33.10%
PRC Bank [Member]
Product Information [Line Items]
Cash			$ 16,062,047	$ 23,716,768
Accounting Standards Update 2016-02 [Member]
Product Information [Line Items]
Additional lease liability							$ 22,192

SCHEDULE OF IDENTIFIED ASSETS A

SCHEDULE OF IDENTIFIED ASSETS ACQUIRED AND LIABILITIES (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 23, 2022	Jun. 23, 2022	Apr. 19, 2022
Assets
Goodwill		$ 7,700,569
Yundian [Member]
Assets
Cash and cash equivalents					$ 4,402
Other current assets					36,575
Goodwill					6,596,636
Liabilities
Accounts payable					(141)
Accrued expenses and other current liabilities					(265,472)
Total net assets					$ 6,372,000
Code Beating [Member]
Assets
Cash and cash equivalents				$ 21
Other current assets				78,073
Accounts receivable				613,198
Advances to suppliers, net				4,343,744
Goodwill				5,956,203
Liabilities
Accounts payable				(440,392)
Advance from customer				(4,410,090)
Accrued expenses and other current liabilities				(20,757)
Total net assets				$ 6,120,000
Yuanxing [Member]
Assets
Cash and cash equivalents			$ 12,484
Other current assets			231,687
Accounts receivable			767,120
Property and equipment, net			3,329
Other non-current assets			17,631
Advances to suppliers, net			216,927
Goodwill			1,744,366
Liabilities
Accounts payable			(203,901)
Advance from customer			(21,487)
Accrued expenses and other current liabilities			(128,156)
Total net assets			$ 2,640,000

SCHEDULE OF UNAUDITED PROFORMA

SCHEDULE OF UNAUDITED PROFORMA CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS (Details) - USD ($)	1 Months Ended	6 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2022
Yundian [Member]
Business Acquisition [Line Items]
Revenue			$ 21,595	$ 10,978,767
Net loss			$ 952,590	(11,219,853)
Code Beating [Member]
Business Acquisition [Line Items]
Revenue		$ 8,680,972		11,977,268
Net loss		$ (596,412)		(11,218,447)
Yuanxing [Member]
Business Acquisition [Line Items]
Revenue	$ 537,252			12,540,220
Net loss	$ 169,034			$ (10,811,082)

ACQUISITIONS (Details Narrative

ACQUISITIONS (Details Narrative) - USD ($)				1 Months Ended	6 Months Ended	9 Months Ended	12 Months Ended
ACQUISITIONS (Details Narrative) - USD ($)	Dec. 12, 2022	Jun. 23, 2022	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2022
Business Acquisition [Line Items]
Aggregate purchase price			$ 6,372,000
Ordinary shares			9,000,000
Yundian [Member]
Business Acquisition [Line Items]
Holding percentage of issued and outstanding			100%
Revenue						$ 21,595	$ 10,978,767
Net inxome (loss)						$ (952,590)	11,219,853
Yundian [Member] \| Yundian BVI [Member]
Business Acquisition [Line Items]
Indirectly percentage of issued and outstanding			100%
Code Beating [Member]
Business Acquisition [Line Items]
Aggregate purchase price		$ 6,120,000
Ordinary shares		10,000,000
Revenue					$ 8,680,972		11,977,268
Net inxome (loss)					$ 596,412		11,218,447
Yuanxing [Member]
Business Acquisition [Line Items]
Holding percentage of issued and outstanding	100%
Aggregate purchase price	$ 2,640,000
Ordinary shares	12,000,000
Revenue				$ 537,252			12,540,220
Net inxome (loss)				$ (169,034)			$ 10,811,082
Yuanxing [Member] \| Yundian BVI [Member]
Business Acquisition [Line Items]
Indirectly percentage of issued and outstanding	100%

SCHEDULE OF ACCOUNTS RECEIVABLE

SCHEDULE OF ACCOUNTS RECEIVABLE (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Credit Loss [Abstract]
Accounts receivable	$ 3,281,974	$ 4,443,735
Less: allowance for credit losses	(407,480)	(400,262)
Accounts receivable, net	$ 2,874,494	$ 4,043,473

SCHEDULE OF ALLOWANCE FOR ACCOU

SCHEDULE OF ALLOWANCE FOR ACCOUNTS RECEIVABLE (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Credit Loss [Abstract]
Balance as of the beginning of year	$ 400,262
Additions charged to bad debt expense	29,287	491,868
Translation adjustments	(22,069)	(91,606)
Balance as of the end of year	$ 407,480	$ 400,262

ACCOUNTS RECEIVABLE, NET (Detai

ACCOUNTS RECEIVABLE, NET (Details Narrative) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Credit Loss [Abstract]
Accounts receivable	$ 2,874,494	$ 4,043,473
Allowance for doubtful accounts	$ 407,480	$ 400,262

SCHEDULE OF OTHER CURRENT ASSET

SCHEDULE OF OTHER CURRENT ASSETS (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Staff advance	$ 436,145	$ 268,446
Deposit	88,650	65,659
VAT recoverable	2,780	18,861
Receivable for disposal		28,997
Others	64,780	4,991
Subtotal	592,355	386,954
Less: allowance for credit losses	(126,875)
Total of other current assets	$ 465,480	$ 386,954

SCHEDULE OF ALLOWANCE FOR OTHER

SCHEDULE OF ALLOWANCE FOR OTHER CURRENT ASSETS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Balance as of the beginning of year
Additions charged to bad debt expense	116,402
Translation adjustments	10,473
Balance as of the end of year	$ 126,875

SCHEDULE OF PROPERTY AND EQUIPM

SCHEDULE OF PROPERTY AND EQUIPMENT (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Less: accumulated depreciation	$ (414,003)	$ (343,244)
Property and equipment, net	76,470	183,386
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	89,170	63,289
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	25,420	202,487
Vehicle [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	25,365	26,110
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 350,518	$ 234,744

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	12 Months Ended
PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation	$ 80,775	$ 87,973	$ 109,362

SCHEDULE OF GOODWILL (Details)

SCHEDULE OF GOODWILL (Details) - USD ($)	12 Months Ended
SCHEDULE OF GOODWILL (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Balance as of December 31, 2022	$ 7,700,569
Addition
Impairment loss	(7,362,187)	$ (6,244,555)
Effect of exchange rate	(338,382)
Balance as of December 31, 2023		$ 7,700,569

GOODWILL (Details Narrative)

GOODWILL (Details Narrative) - USD ($)	12 Months Ended
GOODWILL (Details Narrative) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Asset Acquisition [Line Items]
Impairment loss
Goodwill		$ 7,700,569
Goodwill, Impairment Loss	7,362,187	$ 6,244,555
Yundian [Member]
Asset Acquisition [Line Items]
Impairment loss	6,596,636
Code Beating [Member]
Asset Acquisition [Line Items]
Impairment loss	5,956,203
Yuanxing [Member]
Asset Acquisition [Line Items]
Impairment loss	$ 1,744,366

SCHEDULE OF BANK LOANS (Details

SCHEDULE OF BANK LOANS (Details) - USD ($)		Oct. 31, 2023	Oct. 14, 2022	Jul. 30, 2022	Jan. 06, 2022	Jul. 07, 2021	Dec. 31, 2023	Dec. 31, 2022
Short-term bank loans							$ 294,370	$ 332,309
Loan from Shenzhen Qianhai Weizhong Bank	[1]						123,945	218,722
Long-term bank loan							418,315	551,031
Bank Of Jiangsu [Member]
Short-term bank loans	[2]						39,437	43,496
Bank Of Jiangsu [Member] \| Loan Agreement [Member]
Short-term bank loans				$ 43,496		$ 47,054
Long-term bank loan				Jul. 30, 2023		Jul. 07, 2022
China Construction Bank [Member]
Short-term bank loans	[3]						$ 254,933	$ 288,813
China Construction Bank [Member] \| Loan Agreement [Member]
Short-term bank loans			$ 71,768		$ 217,045
Long-term bank loan		Oct. 31, 2023	Oct. 14, 2023		Jan. 06, 2023

[1]On September 16, 2021, Meiwu Shenzhen entered into a loan agreement with Shenzhen Qianhai Weizhong Bank to borrow $ 414,072 September 16, 2023 8.46 March 16, 2024 47,054 July 7, 2022 7.1775 43,496 July 30, 2023 7.134 October 31, 2023 217,045 January 6, 2023 4.0525 71,768 October 14, 2023 3.90

SCHEDULE OF BANK LOANS (Detai_2

SCHEDULE OF BANK LOANS (Details) (Paranthetical) - USD ($)		Mar. 16, 2024	Oct. 31, 2023	Oct. 14, 2022	Jul. 30, 2022	Jan. 06, 2022	Sep. 16, 2021	Jul. 07, 2021	Dec. 31, 2023	Dec. 31, 2022
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Short-term bank loans									$ 294,370	$ 332,309
Long-term bank loan	[1]								123,945	218,722
Bank Of Jiangsu [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Short-term bank loans	[2]								39,437	43,496
China Construction Bank [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Short-term bank loans	[3]								$ 254,933	$ 288,813
Loan Agreement [Member] \| Bank Of Jiangsu [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Short-term bank loans					$ 43,496			$ 47,054
Debt maturity date					Jul. 30, 2023			Jul. 07, 2022
Interest rate					7.134%			7.1775%
Loan Agreement [Member] \| Shenzhen Qianhai Weizhong Bank [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Debt maturity date		Mar. 16, 2024					Sep. 16, 2023
Interest rate							8.46%
Long-term bank loan							$ 414,072
Loan Agreement [Member] \| China Construction Bank [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Short-term bank loans				$ 71,768		$ 217,045
Debt maturity date			Oct. 31, 2023	Oct. 14, 2023		Jan. 06, 2023
Interest rate				3.90%		4.0525%

[1]On September 16, 2021, Meiwu Shenzhen entered into a loan agreement with Shenzhen Qianhai Weizhong Bank to borrow $ 414,072 September 16, 2023 8.46 March 16, 2024 47,054 July 7, 2022 7.1775 43,496 July 30, 2023 7.134 October 31, 2023 217,045 January 6, 2023 4.0525 71,768 October 14, 2023 3.90

SCHEDULE OF ACCOUNTS PAYABLE (D

SCHEDULE OF ACCOUNTS PAYABLE (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Total of Accounts payable	$ 2,547,805	$ 4,990,647
SMS Service [Member]
Total of Accounts payable	2,232,661	3,375,776
Suppliers [Member]
Total of Accounts payable	$ 315,144	$ 1,614,871

SCHEDULE OF RIGHTS-TO-USE LEASE

SCHEDULE OF RIGHTS-TO-USE LEASE ASSETS (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Right-of-use Assets
Leased properties under operating lease	$ 293,991	$ 337,084
Less: accumulated amortization	(174,935)	(109,481)
Right-of-use assets	$ 119,056	$ 227,603

SCHEDULE OF FUTURE LEASE COMMIT

SCHEDULE OF FUTURE LEASE COMMITMENTS (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Right-of-use Assets
2024	$ 123,438
2025	20,733
Total Lease Payments	144,171
Less: imputed interest	(4,124)
Present value of lease liabilities	140,047
Lease liabilities - Current	119,434	$ 107,467
Lease liabilities – Non current	$ 20,613	$ 144,163

SCHEDULE OF ESTIMATED AMORTIZAT

SCHEDULE OF ESTIMATED AMORTIZATION EXPENSES (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Right-of-use Assets
2024	$ 102,048
2025	17,008
Right-of-use assets	$ 119,056	$ 227,603

RIGHT-OF-USE ASSETS (Details Na

RIGHT-OF-USE ASSETS (Details Narrative)			12 Months Ended
RIGHT-OF-USE ASSETS (Details Narrative)	Feb. 23, 2022 USD ($)	Feb. 23, 2022 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2018
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Loan interest rate						4.75%
Monthly rent			$ 110,130	$ 96,356	$ 315,516
Weighted average remaining lease term			1 year 1 month 28 days	2 years 2 months 1 day
Amortization expense non-cash			$ 102,322	$ 278,957	14,436
Shenzhen Bao'an Industrial Investment Group Co., Ltd [Member] \| March 1, 2022 to February 28, 2023 [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Monthly rent	$ 7,802	¥ 49,743.65
Shenzhen Bao'an Industrial Investment Group Co., Ltd [Member] \| March 1, 2023 to February 29, 2024 [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Monthly rent	8,192	52,230.83
Shenzhen Bao'an Industrial Investment Group Co., Ltd [Member] \| March 1, 2024 to February 28, 2025 [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Monthly rent	$ 8,602	¥ 54,844.64
Lease Agreements [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Cash payment			113,981	80,045	329,952
Interest expense			$ 9,303	$ 9,631	$ 22,320

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)									12 Months Ended
EQUITY (Details Narrative) - USD ($)	Dec. 23, 2022	Dec. 12, 2022	Jun. 23, 2022	Mar. 31, 2022	Nov. 23, 2021	Dec. 17, 2020	Nov. 27, 2019	Nov. 15, 2019	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Nov. 27, 2023	Dec. 04, 2018
Ordinary shares authorized															50,000
Ordinary shares, shares issued									2,923,325	1,741,295					50,000
Common stock par value									$ 0	$ 0					$ 1
Shares issued								16,666
Total consideration								$ 16,666
Share price per share								$ 1
Number of ordinary shares issued								66,666
Ordinary shares, shares outstanding									2,923,325	1,741,295
Ordinary shares, no par value									$ 0	$ 0
Additional paid-in capital									$ 44,515,833	$ 38,571,534
Additional paid-in capital contributed									$ 5,944,299	$ 15,185,839	$ 1,408,013
2022 Plan [Member] \| Maximum [Member]
Number of shares issued under plan				4,945,313
Common Stock [Member]
Ordinary shares, shares issued														35
Ordinary shares, shares outstanding														35
Shares Purchase Agreement [Member] \| Anxin Jieda Co Limited [Member] \| Common Stock [Member]
Shares issued					7,968,755
Share Consideration paid, percentage												50%	50%
Shares Purchase Agreement [Member] \| Boxinrui International Holdings Limited [Member]
Ownership percentage					100%
Shares Purchase Agreement [Member] \| Beijing Anxin Jieda Logistics Co., Ltd. [Member]
Ownership percentage					100%
Stock Purchase Agreement [Member] \| Yundian BVI [Member] \| Common Stock [Member]
Common stock par value				$ 0
Shares issued				9,000,000
Total consideration				$ 8,100,000
Share price				$ 0.9
Stock Purchase Agreement [Member] \| Mahao BVI [Member] \| Common Stock [Member]
Common stock par value			$ 0
Shares issued			10,000,000
Total consideration			$ 6,000,000
Share price			$ 0.6
Stock Purchase Agreement [Member] \| Yuanxing BVI [Member] \| Common Stock [Member]
Common stock par value	$ 0	$ 0
Shares issued	12,000,000	12,000,000
Total consideration	$ 9,600,000	$ 9,600,000
Share price	$ 0.8	$ 0.8
Stock Purchase Agreement [Member] \| Yundian BVI [Member]
Ownership percentage				100%
Stock Purchase Agreement [Member] \| Yundian BVI [Member] \| Common Stock [Member]
Ownership percentage				100%
Stock Purchase Agreement [Member] \| Mahao BVI [Member]
Ownership percentage			100%
Stock Purchase Agreement [Member] \| Mahao BVI [Member] \| Common Stock [Member]
Ownership percentage			100%
Stock Purchase Agreement [Member] \| Yuanxing BVI [Member]
Ownership percentage		100%
Stock Purchase Agreement [Member] \| Yuanxing BVI [Member] \| Common Stock [Member]
Ownership percentage		100%
IPO [Member]
Shares issued						5,000,000
Share price per share						$ 5
Proceeds from public offering						$ 25,000,000
Board of Directors [Member]
Ordinary shares authorized							66,666
Common stock par value							$ 1
Divided pro-rata shares							20,000,000
Board of Directors [Member] \| IPO [Member]
Shares issued						5,000,000
Share price per share						$ 5
Ordinary shares offered						999,910
Proceeds from public offering						$ 29,999,550
Proceeds from public offering before deduction						26,500,000
Underwriter's fee and expenses						$ 3,500,000

SCHEDULE OF RELATED PARTY TRANS

SCHEDULE OF RELATED PARTY TRANSACTIONS (Details)	12 Months Ended
SCHEDULE OF RELATED PARTY TRANSACTIONS (Details)	Dec. 31, 2023
Hanwu Yang [Member]
Related Party Transaction [Line Items]
Relationship to the company	Shareholder of the Company
Changbin Xia [Member]
Related Party Transaction [Line Items]
Relationship to the company	Shareholder of the Company
Eternal Horizon International Company Limited [Member]
Related Party Transaction [Line Items]
Relationship to the company	As a shareholder of the Company before December 15, 2020
Yanping Guo [Member]
Related Party Transaction [Line Items]
Relationship to the company	Legal representative of Vande
Mishan City Shenmi Dazhong Management Consulting Partnership ("ShenMi DaZhong") [Member]
Related Party Transaction [Line Items]
Relationship to the company	Shareholder of the Company
Haiyan Qin, Hui Wang and Other 11 Individuals [Member]
Related Party Transaction [Line Items]
Relationship to the company	Shareholders of ShenMi DaZhong
Shan'xi Nongbei New Agriculture Technology Co.,Ltd and Other 8 Companies [Member]
Related Party Transaction [Line Items]
Relationship to the company	Associated with shareholders of ShenMi DaZhong

SCHEDULE OF DUE TO RELATED PART

SCHEDULE OF DUE TO RELATED PARTIES (Details) - USD ($)		Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Total		$ 3,912,606	$ 3,679,717
Eternal Horizon International Company Limited [Member]
Related Party Transaction [Line Items]
Total	[1]	2,257,397	2,323,475
Changbin Xia [Member]
Related Party Transaction [Line Items]
Total	[2]	1,410,621	1,337,164
Other [Member]
Related Party Transaction [Line Items]
Total		$ 244,588	$ 19,078

[1]During IPO, the underwriters purchased 999,910 4,999,550 2.6

SCHEDULE OF DUE TO RELATED PA_2

SCHEDULE OF DUE TO RELATED PARTIES (Details) (Parenthetical) - Eternal Horizon International Company Limited [Member] - IPO [Member] - Underwriters [Member] - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Sale of stock	999,910
Sale of stock value	$ 4,999,550
Payment to underwiters		$ 2,600,000

RELATED PARTY BALANCES AND TR_3

RELATED PARTY BALANCES AND TRANSACTIONS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Purchased food products from related parties		$ 28,997
Related Party [Member]
Related Party Transaction [Line Items]
Purchased food products from related parties	18,310	29,190	$ 42,692
Account payable to related parties	15,627	14,647
Sales to related parties	21,215	56,625	151,477
Shareholder, ShenMi DaZhong and Limited Partners [Member]
Related Party Transaction [Line Items]
Sales commissions		$ 36,793	$ 27,932

SCHEDULE OF CONVERTIBLE NOTES (

SCHEDULE OF CONVERTIBLE NOTES (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Short-Term Debt [Line Items]
Convertible notes		$ 5,550,607
Convertible Debt [Member]
Short-Term Debt [Line Items]
Convertible notes-principal		5,500,000
Convertible notes-discount		(316,060)
Convertible notes-interest		366,667
Convertible notes		$ 5,550,607

CONVERTIBLE NOTES (Details Narr

CONVERTIBLE NOTES (Details Narrative) - Securities Purchase Agreement [Member] - Five Accredited Investors [Member] - Unsecured Convertible Note [Member]	Jan. 06, 2022 USD ($) $ / shares
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Principal amount	$ 1,100,000
Interest rate	10%
Debt discount	$ 100,000
Purchaser's fees	$ 4,000
Debt Instrument conversion price \| $ / shares	$ 0.50
Percentage of the lowest daily volume-weighted average price	80%

SCHEDULE OF RECONCILIATION OF E

SCHEDULE OF RECONCILIATION OF EFFECTIVE TAX RATE (Details)	12 Months Ended
SCHEDULE OF RECONCILIATION OF EFFECTIVE TAX RATE (Details)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
PRC statutory tax rate	25%	25%	25%
Net impact of exemption and favorable tax rate rendered by local tax authorities
Foreign loss not recognized in PRC	1%	2%
Permanent difference and others	(2.00%)	(4.00%)	(1.00%)
Change in valuation allowance	(25.00%)	(25.00%)	(25.00%)
Effective tax rate	(1.00%)	(2.00%)

SCHEDULE OF DEFERRED TAX ASSETS

SCHEDULE OF DEFERRED TAX ASSETS (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Tax effect of net operating losses carried forward	$ 15,445,085	$ 3,968,729
Valuation allowance	(15,445,085)	(3,968,729)
Deferred tax assets, net

TAXATION (Details Narrative)

TAXATION (Details Narrative) - USD ($)	12 Months Ended
TAXATION (Details Narrative) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Effective Income Tax Rate Reconciliation [Line Items]
Effective tax percent differential	1%	2%
Net loss	$ 16,312,705	$ 11,219,851	$ 1,117,586
Effective tax percent statutory	25%	25%	25%
Income tax expiration year description	will expire in year 2024
Uncertain tax positions	$ 0	$ 0
PRC Enterprise Income Tax [Member]
Effective Income Tax Rate Reconciliation [Line Items]
Effective tax percent differential	25%

SCHEDULE OF SEGMENT REPORTING (

SCHEDULE OF SEGMENT REPORTING (Details) - USD ($)	12 Months Ended
SCHEDULE OF SEGMENT REPORTING (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenues	$ 10,977,429	$ 10,978,571	$ 12,258,451
Cost of goods sold	8,394,364	9,803,883	9,418,606
Gross profit	2,583,065	1,174,688	2,839,845
Depreciation and amortization	183,097	87,973	388,319
Capital expenditures		25,916	81,197
Loss from operations	(1,516,786)	(3,739,370)	(1,101,697)
Provision for income taxes	207,240	211,144
Segment loss	(16,312,705)	(11,219,851)	(1,117,586)
Segment assets	20,584,279	37,995,641	28,290,040
Clean Food Platform [Member]
Segment Reporting Information [Line Items]
Revenues	2,513,483	2,144,217	12,145,531
Cost of goods sold	750,383	1,905,036	9,343,635
Gross profit	1,763,100	239,181	2,801,896
Depreciation and amortization	183,097	87,973	237,366
Capital expenditures	5,539	19,437	49,772
Loss from operations	(2,106,150)	(3,543,160)	(693,466)
Provision for income taxes	927	8,917
Segment loss	(9,775,749)	(4,576,496)	(712,163)
Segment assets	17,657,856	36,397,974	1,891,075
Technical Service [Member]
Segment Reporting Information [Line Items]
Revenues	8,463,946	8,834,354
Cost of goods sold	7,643,981	7,898,847
Gross profit	819,965	935,507
Depreciation and amortization
Capital expenditures		6,479
Loss from operations	589,364	(196,210)
Provision for income taxes	206,313	202,227
Segment loss	(6,536,956)	(6,643,355)
Segment assets	$ 2,926,423	$ 1,597,667
Restaurant [Member]
Segment Reporting Information [Line Items]
Revenues			100,945
Cost of goods sold			74,949
Gross profit			25,996
Depreciation and amortization			124,215
Capital expenditures			2,912
Loss from operations			(259,274)
Provision for income taxes
Segment loss			(256,503)
Segment assets			123,940
Other Segments [Member]
Segment Reporting Information [Line Items]
Revenues			11,975
Cost of goods sold			22
Gross profit			11,953
Depreciation and amortization			26,738
Capital expenditures			28,513
Loss from operations			(148,957)
Provision for income taxes
Segment loss			(148,920)
Segment assets			$ 26,275,025

SCHEDULE OF MATURITIES OF CONTR

SCHEDULE OF MATURITIES OF CONTRACTUAL OBLIGATIONS (Details)	Dec. 31, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Operating lease commitments for property management expenses under lease agreements, Total	$ 50,613
Operating lease commitments for property management expenses under lease agreements, 2024	44,498
Operating lease commitments for property management expenses under lease agreements, 2025	6,115
Operating lease commitments for property management expenses under lease agreements, 2026
Operating lease commitments for property management expenses under lease agreements, 2027

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)		12 Months Ended
SUBSEQUENT EVENTS (Details Narrative) - USD ($)	May 17, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Subsequent Event [Line Items]
Proceeds from convertible note			$ 5,550,607
Securities Purchase Agreement [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Discount rate	10%
Proceeds from convertible note	$ 1,000,000
Interest rate	10%
Conversion price	$ 0.50
Conversion rate	80%