v3.20.2

Balance Sheets (unaudited) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
CURRENT ASSETS:
Prepaid Expenses	$ 9,000	$ 6,000
Total current assets	9,000	6,000
TOTAL ASSETS	9,000	6,000
CURRENT LIABILITIES:
Accounts payable and accrued expenses	5,540	9,540
Due to related party	38,648	17,548
notes payable - Related party	11,750	11,750
Total current liabilities	55,938	38,838
Commitments and Contingencies
STOCKHOLDERS' DEFICIT
Preferred shares: par value $0.001 per share, 10,000,000 shares authorized, 0 share issued and outstanding in June 30, 2020; 0 share authorized, 0 share issued and outstanding in December 31, 2019	0	0
Common stock, par value $0.0001 per share; 1,000,000,000 shares authorized; 220,700,012 shares issued and outstanding in June 30, 2020; 1,000,000,000 shares authorized; 220,700,012 shares issued and outstanding in December 31, 2019	22,070	22,070
Additional paid in capital	1,914,393	1,914,393
Accumulated deficit	(1,983,401)	(1,969,301)
Total stockholders' deficit	(46,938)	(32,838)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 9,000	$ 6,000

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.

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Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.

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Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer).

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Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.

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Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.

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-Section 50
-Paragraph 28
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Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

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GUOZI ZHONGYU CAPITAL HOLDINGS 10-Q