SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Roan Holdings Group Co., Ltd. – ‘6-K’ for 6/30/22 – ‘XML’

On:  Wednesday, 8/24/22, at 8:08pm ET   ·   As of:  8/25/22   ·   For:  6/30/22   ·   Accession #:  1213900-22-50871   ·   File #:  1-36664

Previous ‘6-K’:  ‘6-K’ on / for 7/13/22   ·   Next:  ‘6-K’ on 9/28/22 for 9/27/22   ·   Latest:  ‘6-K’ on / for 3/25/24

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/25/22  Roan Holdings Group Co., Ltd.     6-K         6/30/22   86:5M                                     EdgarAgents LLC/FA

Current, Quarterly or Annual Report by a Foreign Issuer   —   Form 6-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 6-K         Report of Foreign Private Issuer                    HTML     32K 
 2: EX-99.1     Unaudited Condensed Consolidated Financial          HTML    644K 
                Statements for the Six Months Ended June 30, 2022                
                and 2021                                                         
 3: EX-99.2     Management's Discussion and Analysis of Financial   HTML     72K 
                Condition and Results of Operations                              
 4: EX-99.3     Press Release Dated August 24, 2022                 HTML    127K 
10: R1          Document And Entity Information                     HTML     39K 
11: R2          Condensed Consolidated Balance Sheets               HTML    175K 
12: R3          Condensed Consolidated Balance Sheets               HTML     44K 
                (Parentheticals)                                                 
13: R4          Condensed Consolidated Statements of Operations     HTML    136K 
                and Comprehensive Income (Loss) (Unaudited)                      
14: R5          Condensed Consolidated Statements of Operations     HTML     32K 
                and Comprehensive Income (Loss) (Unaudited)                      
                (Parentheticals)                                                 
15: R6          Condensed Consolidated Statements of Changes in     HTML     61K 
                Shareholders? Equity (Deficit)                                   
16: R7          Condensed Consolidated Statements of Cash Flows     HTML    120K 
                (Unaudited)                                                      
17: R8          Organization and Principal Activities               HTML     55K 
18: R9          Liquidity                                           HTML     30K 
19: R10         Summary of Significant Accounting Policies          HTML     30K 
20: R11         Restricted Cash                                     HTML     29K 
21: R12         Accounts Receivable, Net                            HTML     33K 
22: R13         Other Receivables                                   HTML     28K 
23: R14         Loans Due From Third Parties                        HTML     33K 
24: R15         Property and Equipment, Net                         HTML     31K 
25: R16         Intangible Assets, Net                              HTML     33K 
26: R17         Accrued Expenses and Other Current Liabilities      HTML     29K 
27: R18         Income Tax and Tax Payables                         HTML     47K 
28: R19         Earnings (Loss) Per Share                           HTML     32K 
29: R20         Related Party Transactions and Balances             HTML     30K 
30: R21         Redeemable Convertible Preferred Shares             HTML     39K 
31: R22         Equity                                              HTML     56K 
32: R23         Segment Reporting                                   HTML     48K 
33: R24         Commitments and Contingencies                       HTML     36K 
34: R25         Subsequent Events                                   HTML     27K 
35: R26         Accounting Policies, by Policy (Policies)           HTML     35K 
36: R27         Organization and Principal Activities (Tables)      HTML     45K 
37: R28         Restricted Cash (Tables)                            HTML     28K 
38: R29         Accounts Receivable, Net (Tables)                   HTML     34K 
39: R30         Other Receivables (Tables)                          HTML     27K 
40: R31         Loans Due From Third Parties (Tables)               HTML     32K 
41: R32         Property and Equipment, Net (Tables)                HTML     30K 
42: R33         Intangible Assets, Net (Tables)                     HTML     34K 
43: R34         Accrued Expenses and Other Current Liabilities      HTML     29K 
                (Tables)                                                         
44: R35         Income Tax and Tax Payables (Tables)                HTML     44K 
45: R36         Earnings (Loss) Per Share (Tables)                  HTML     30K 
46: R37         Equity (Tables)                                     HTML     39K 
47: R38         Segment Reporting (Tables)                          HTML     43K 
48: R39         Commitments and Contingencies (Tables)              HTML     33K 
49: R40         Organization and Principal Activities (Details)     HTML     56K 
50: R41         Organization and Principal Activities (Details) -   HTML     82K 
                Schedule of activities of the company and its                    
                subsidiaries                                                     
51: R42         Liquidity (Details)                                 HTML     48K 
52: R43         Restricted Cash (Details)                           HTML     30K 
53: R44         Restricted Cash (Details) - Schedule of company?s   HTML     28K 
                restricted cash                                                  
54: R45         Accounts Receivable, Net (Details) - Schedule of    HTML     30K 
                accounts receivable                                              
55: R46         Accounts Receivable, Net (Details) - Schedule of    HTML     30K 
                movement of allowance for doubtful accounts                      
56: R47         Other Receivables (Details) - Schedule of other     HTML     29K 
                receivables                                                      
57: R48         Loans Due From Third Parties (Details)              HTML     55K 
58: R49         Loans Due From Third Parties (Details) - Schedule   HTML     28K 
                of loans due from third parties                                  
59: R50         Loans Due From Third Parties (Details) - Schedule   HTML     27K 
                of allowance for credit losses                                   
60: R51         Property and Equipment, Net (Details)               HTML     25K 
61: R52         Property and Equipment, Net (Details) - Schedule    HTML     39K 
                of property and equipment, net                                   
62: R53         Intangible Assets, Net (Details)                    HTML     26K 
63: R54         Intangible Assets, Net (Details) - Schedule of      HTML     37K 
                intangible assets                                                
64: R55         Intangible Assets, Net (Details) - Schedule of      HTML     39K 
                amortization expenses                                            
65: R56         Accrued Expenses and Other Current Liabilities      HTML     33K 
                (Details) - Schedule accrued expenses and other                  
                current liabilities                                              
66: R57         Income Tax and Tax Payables (Details)               HTML     32K 
67: R58         Income Tax and Tax Payables (Details) - Schedule    HTML     30K 
                of income tax expense                                            
68: R59         Income Tax and Tax Payables (Details) - Schedule    HTML     38K 
                of reconciliation of the statutory tax rate to the               
                effective tax rate                                               
69: R60         Income Tax and Tax Payables (Details) - Schedule    HTML     45K 
                of deferred tax assets (liabilities), net                        
70: R61         Earnings (Loss) Per Share (Details) - Schedule of   HTML     39K 
                computation of basic and diluted loss per common                 
                share                                                            
71: R62         Related Party Transactions and Balances (Details)   HTML     69K 
72: R63         Redeemable Convertible Preferred Shares (Details)   HTML     61K 
73: R64         Equity (Details)                                    HTML     82K 
74: R65         Equity (Details) - Schedule of warrants activity    HTML     57K 
75: R66         Equity (Details) - Schedule of fair value of        HTML     36K 
                series A warrants                                                
76: R67         Segment Reporting (Details)                         HTML     26K 
77: R68         Segment Reporting (Details) - Schedule of segment   HTML     64K 
                reporting                                                        
78: R69         Commitments and Contingencies (Details)             HTML     33K 
79: R70         Commitments and Contingencies (Details) - Schedule  HTML     33K 
                of operating lease related assets and liabilities                
80: R71         Commitments and Contingencies (Details) - Schedule  HTML     34K 
                of maturities of lease liabilities                               
81: R72         Subsequent Events (Details)                         HTML     27K 
84: XML         IDEA XML File -- Filing Summary                      XML    164K 
82: XML         XBRL Instance -- ea164063-6k_roanholdings_htm        XML    981K 
83: EXCEL       IDEA Workbook of Financial Reports                  XLSX    140K 
 6: EX-101.CAL  XBRL Calculations -- rahgf-20220630_cal              XML    125K 
 7: EX-101.DEF  XBRL Definitions -- rahgf-20220630_def               XML    662K 
 8: EX-101.LAB  XBRL Labels -- rahgf-20220630_lab                    XML   1.31M 
 9: EX-101.PRE  XBRL Presentations -- rahgf-20220630_pre             XML    660K 
 5: EX-101.SCH  XBRL Schema -- rahgf-20220630                        XSD    235K 
85: JSON        XBRL Instance as JSON Data -- MetaLinks              346±   498K 
86: ZIP         XBRL Zipped Folder -- 0001213900-22-050871-xbrl      Zip    232K 


‘XML’   —   XBRL Instance — ea164063-6k_roanholdings_htm


This Document is an XBRL XML File.


                                                                                                                                                                                
<?xml version="1.0" encoding="windows-1252"?>
<xbrl xmlns="http://www.xbrl.org/2003/instance" xmlns:dei="http://xbrl.sec.gov/dei/2022" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:pf0="http://fasb.org/srt/2022" xmlns:rahgf="http://www.chinalending.com/20220630" xmlns:us-gaap="http://fasb.org/us-gaap/2022" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xhtml="http://www.w3.org/1999/xhtml" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<link:schemaRef xlink:href="rahgf-20220630.xsd" xlink:type="simple"/>
<context id="c0">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c1">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c2">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c3">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-12-31 </endDate>
</period>
</context>
<context id="c4">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> rahgf:ClassAConvertiblePreferredSharesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c5">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> rahgf:ClassAConvertiblePreferredSharesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c6">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> rahgf:ClassAConvertiblePreferredSharesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c7">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> rahgf:ClassAConvertiblePreferredSharesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-12-31 </endDate>
</period>
</context>
<context id="c8">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> rahgf:ClassBConvertiblePreferredSharesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c9">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> rahgf:ClassBConvertiblePreferredSharesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c10">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> rahgf:ClassBConvertiblePreferredSharesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c11">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> rahgf:ClassBConvertiblePreferredSharesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-12-31 </endDate>
</period>
</context>
<context id="c12">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c13">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c14">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c15">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassBMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c16">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c17">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:StatutoryReserveMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c18">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c19">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AccumulatedOtherComprehensiveIncomeMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c20">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:NoncontrollingInterestMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c21">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c22">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c23">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassBMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c24">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c25">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:StatutoryReserveMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c26">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c27">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AccumulatedOtherComprehensiveIncomeMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c28">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:NoncontrollingInterestMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c29">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c30">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c31">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassBMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c32">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c33">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:StatutoryReserveMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c34">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c35">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AccumulatedOtherComprehensiveIncomeMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c36">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:NoncontrollingInterestMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c37">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c38">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c39">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassBMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c40">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c41">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:StatutoryReserveMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c42">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c43">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AccumulatedOtherComprehensiveIncomeMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c44">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:NoncontrollingInterestMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c45">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c46">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c47">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c48">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassBMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c49">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c50">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:StatutoryReserveMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c51">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c52">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AccumulatedOtherComprehensiveIncomeMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c53">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:NoncontrollingInterestMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c54">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c55">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c56">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassBMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c57">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c58">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:StatutoryReserveMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c59">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c60">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AccumulatedOtherComprehensiveIncomeMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c61">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:NoncontrollingInterestMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c62">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c63">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"> rahgf:ZhongtanFutureIndustrialOperationHangzhouCoLtdMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2019-12-30 </instant>
</period>
</context>
<context id="c64">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<instant> 2022-04-02 </instant>
</period>
</context>
<context id="c65">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"> rahgf:ZhongxinMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-04-02 </instant>
</period>
</context>
<context id="c66">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<instant> 2021-12-16 </instant>
</period>
</context>
<context id="c67">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"> rahgf:ZhongtanFutureMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-16 </instant>
</period>
</context>
<context id="c68">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"> rahgf:ZhongtanFutureMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-01 </instant>
</period>
</context>
<context id="c69">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"> rahgf:HangzhouZeshiMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-01 </instant>
</period>
</context>
<context id="c70">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"> rahgf:FINECInteractiveTechnologyHangzhouLimitedMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-11-08 </instant>
</period>
</context>
<context id="c71">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"> rahgf:ShuzhiyunHoldingsBeijingCoLtdMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-11-08 </instant>
</period>
</context>
<context id="c72">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"> rahgf:YifuHealthIndustryMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-10-14 </instant>
</period>
</context>
<context id="c73">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"> rahgf:FINECInteractiveTechnologyHangzhouLimitedMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-10-14 </instant>
</period>
</context>
<context id="c74">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<startDate> 2021-09-01 </startDate>
<endDate> 2021-09-30 </endDate>
</period>
</context>
<context id="c75">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-09-30 </endDate>
</period>
</context>
<context id="c76">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:AdrieGlobalHoldingsLimitedMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c77">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:ChinaRoanIndustrialFinancialHoldingsGroupCoLimitedMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c78">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:FortisIndustrialGroupLimitedMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c79">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:XinjiangFengHuiJingKaiDirectLendingLimitedMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c80">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:YifuHealthIndustryNingboCoLtdMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c81">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:ZeshiHangzhouHealthManagementCoLtdMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c82">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:NingboZeshiInsuranceTechnologyCoMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c83">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:HangzhouZeshiInvestmentPartnershipLimitedPartnershipMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c84">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:ZhongtanFutureIndustrialOperationHangzhouCoLtdMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c85">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:YijiaTravelHangzhouDigitalTechnologyCoLtdMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c86">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:FINECDigitalTechnologyHangzhouLimitedMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c87">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:LixinFinancialHoldingsGroupLimitedMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c88">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:LixinFinancialHoldingsBVILimitedMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c89">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:LixinFinancialHoldingsGroupLimitedOneMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c90">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:ZhejiangLixinEnterpriseManagementGroupGoLtdMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c91">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:ZhejiangJingYuXinFinancingGuaranteeCoLtdMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c92">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:LixinHangzhouAssetManagementCoLtdMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c93">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:BusinessAcquisitionAxis"> rahgf:LixinSupplyChainManagementTianjinCoLtdMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c94">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:RangeAxis"> pf0:MinimumMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c95">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:RangeAxis"> pf0:MaximumMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c96">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:OneThirdPartiesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c97">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:TwoThirdPartiesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c98">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:ThreeThirdPartiesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c99">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:FourThirdPartiesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c100">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:FiveThirdPartiesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c101">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:OneThirdPartiesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c102">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:TwoThirdPartiesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c103">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:ThreeThirdPartiesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c104">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:RangeAxis"> pf0:MinimumMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c105">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="pf0:RangeAxis"> pf0:MaximumMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c106">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis"> us-gaap:EquipmentMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c107">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis"> us-gaap:EquipmentMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c108">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis"> us-gaap:VehiclesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c109">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis"> us-gaap:VehiclesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c110">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis"> us-gaap:OfficeEquipmentMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c111">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis"> us-gaap:OfficeEquipmentMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c112">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis"> us-gaap:BuildingMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c113">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:FiniteLivedIntangibleAssetsByMajorClassAxis"> us-gaap:CustomerRelationshipsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c114">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:FiniteLivedIntangibleAssetsByMajorClassAxis"> us-gaap:CustomerRelationshipsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c115">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:FiniteLivedIntangibleAssetsByMajorClassAxis"> us-gaap:LicenseMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c116">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:FiniteLivedIntangibleAssetsByMajorClassAxis"> us-gaap:LicenseMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c117">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:FiniteLivedIntangibleAssetsByMajorClassAxis"> us-gaap:NoncompeteAgreementsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c118">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:FiniteLivedIntangibleAssetsByMajorClassAxis"> us-gaap:NoncompeteAgreementsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c119">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:IncomeTaxAuthorityAxis"> rahgf:PRCMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c120">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:OptionIndexedToIssuersEquityTypeAxis"> rahgf:EarningsPerShareMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c121">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:OptionIndexedToIssuersEquityTypeAxis"> rahgf:EarningsPerShareMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c122">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:ZhongtanFutureMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c123">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:ZhongxinMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c124">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:ZhongtanFutureMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c125">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:ZhongxinMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c126">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionAxis"> rahgf:FuruikangMember </xbrldi:explicitMember>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:MsYuanShenMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c127">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis"> rahgf:MsYuanShenMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c128">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2016-07-06 </instant>
</period>
</context>
<context id="c129">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2016-06-13 </startDate>
<endDate> 2016-07-06 </endDate>
</period>
</context>
<context id="c130">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c131">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c132">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<instant> 2019-12-31 </instant>
</period>
</context>
<context id="c133">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-12-31 </endDate>
</period>
</context>
<context id="c134">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassAMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c135">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassBMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2019-12-20 </instant>
</period>
</context>
<context id="c136">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassBMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c137">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:PreferredClassBMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c138">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<startDate> 2018-07-02 </startDate>
<endDate> 2018-07-06 </endDate>
</period>
</context>
<context id="c139">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c140">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c141">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis"> rahgf:PlacementAgentWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c142">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis"> rahgf:PlacementAgentWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c143">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c144">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c145">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2018-07-01 </startDate>
<endDate> 2018-07-10 </endDate>
</period>
</context>
<context id="c146">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-12-31 </endDate>
</period>
</context>
<context id="c147">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<startDate> 2018-04-01 </startDate>
<endDate> 2018-04-06 </endDate>
</period>
</context>
<context id="c148">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis"> rahgf:PlacementAgentWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2018-07-01 </startDate>
<endDate> 2018-07-10 </endDate>
</period>
</context>
<context id="c149">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<startDate> 2020-01-01 </startDate>
<endDate> 2020-12-31 </endDate>
</period>
</context>
<context id="c150">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis"> rahgf:PlacementAgentWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c151">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<instant> 2018-07-10 </instant>
</period>
</context>
<context id="c152">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2017-12-31 </instant>
</period>
</context>
<context id="c153">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2017-12-31 </startDate>
<endDate> 2017-12-31 </endDate>
</period>
</context>
<context id="c154">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:GrantsOfSeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2018-12-31 </instant>
</period>
</context>
<context id="c155">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:GrantsOfSeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2017-12-31 </startDate>
<endDate> 2018-12-31 </endDate>
</period>
</context>
<context id="c156">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:GrantsOfPlacementAgentWarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2018-12-31 </instant>
</period>
</context>
<context id="c157">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:GrantsOfPlacementAgentWarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2017-12-31 </startDate>
<endDate> 2018-12-31 </endDate>
</period>
</context>
<context id="c158">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:GrantsOfSeriesBWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2018-12-31 </instant>
</period>
</context>
<context id="c159">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:GrantsOfSeriesBWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2017-12-31 </startDate>
<endDate> 2018-12-31 </endDate>
</period>
</context>
<context id="c160">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:ExerciseOfSeriesBWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2018-12-31 </instant>
</period>
</context>
<context id="c161">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2018-12-31 </instant>
</period>
</context>
<context id="c162">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2018-12-31 </startDate>
<endDate> 2018-12-31 </endDate>
</period>
</context>
<context id="c163">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2019-12-31 </instant>
</period>
</context>
<context id="c164">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2019-12-31 </startDate>
<endDate> 2019-12-31 </endDate>
</period>
</context>
<context id="c165">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-06-30 </instant>
</period>
</context>
<context id="c166">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2020-06-30 </startDate>
<endDate> 2020-06-30 </endDate>
</period>
</context>
<context id="c167">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2020-12-31 </instant>
</period>
</context>
<context id="c168">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2020-12-31 </startDate>
<endDate> 2020-12-31 </endDate>
</period>
</context>
<context id="c169">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:ExpireOfWarrantsIssuedMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c170">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c171">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-12-31 </startDate>
<endDate> 2021-12-31 </endDate>
</period>
</context>
<context id="c172">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c173">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:WarrantMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-06-30 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c174">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2018-07-01 </startDate>
<endDate> 2018-07-10 </endDate>
</period>
</context>
<context id="c175">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-12-31 </endDate>
</period>
</context>
<context id="c176">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-06-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c177">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2018-07-10 </instant>
</period>
</context>
<context id="c178">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c179">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> rahgf:SeriesAWarrantsMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c180">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
</entity>
<period>
<startDate> 2020-01-01 </startDate>
<endDate> 2020-06-30 </endDate>
</period>
</context>
<context id="c181">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis"> rahgf:BusinessConductedByAdrieAndItsSubsidiariesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c182">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis"> rahgf:BusinessConductedByLixinCaymanAndItsSubsidiariesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-01-01 </startDate>
<endDate> 2022-06-30 </endDate>
</period>
</context>
<context id="c183">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis"> rahgf:BusinessConductedByAdrieAndItsSubsidiariesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c184">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis"> rahgf:BusinessConductedByLixinCaymanAndItsSubsidiariesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c185">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis"> rahgf:BusinessConductedByAdrieAndItsSubsidiariesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c186">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis"> rahgf:BusinessConductedByLixinCaymanAndItsSubsidiariesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c187">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis"> rahgf:TotalMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2021-01-01 </startDate>
<endDate> 2021-06-30 </endDate>
</period>
</context>
<context id="c188">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis"> rahgf:BusinessConductedByAdrieAndItsSubsidiariesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c189">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis"> rahgf:BusinessConductedByLixinCaymanAndItsSubsidiariesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c190">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis"> rahgf:TotalMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-06-30 </instant>
</period>
</context>
<context id="c191">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:LeaseContractualTermAxis"> rahgf:OperatingLeaseRelatedAssetsAndLiabilitiesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2022-06-30 </instant>
</period>
</context>
<context id="c192">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:LeaseContractualTermAxis"> rahgf:OperatingLeaseRelatedAssetsAndLiabilitiesMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<instant> 2021-12-31 </instant>
</period>
</context>
<context id="c193">
<entity>
<identifier scheme="http://www.sec.gov/CIK"> 0001611852 </identifier>
<segment>
<xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis"> us-gaap:SubsequentEventMember </xbrldi:explicitMember>
</segment>
</entity>
<period>
<startDate> 2022-07-01 </startDate>
<endDate> 2022-07-19 </endDate>
</period>
</context>
<unit id="usd">
<measure> iso4217:USD </measure>
</unit>
<unit id="usdPershares">
<divide>
<unitNumerator>
<measure> iso4217:USD </measure>
</unitNumerator>
<unitDenominator>
<measure> shares </measure>
</unitDenominator>
</divide>
</unit>
<unit id="shares">
<measure> shares </measure>
</unit>
<unit id="pure">
<measure> pure </measure>
</unit>
<unit id="cny">
<measure> iso4217:CNY </measure>
</unit>
<dei:DocumentType contextRef="c0"> 6-K </dei:DocumentType>
<dei:DocumentFiscalYearFocus contextRef="c0"> 2022 </dei:DocumentFiscalYearFocus>
<dei:EntityFileNumber contextRef="c0"> 001-36664 </dei:EntityFileNumber>
<dei:EntityRegistrantName contextRef="c0"> Roan Holdings Group Co., Ltd. </dei:EntityRegistrantName>
<dei:DocumentPeriodEndDate contextRef="c0" id="hidden-fact-0"> 2022-06-30 </dei:DocumentPeriodEndDate>
<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="c1" decimals="0" unitRef="usd"> 1035674 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="c2" decimals="0" unitRef="usd"> 1947142 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:RestrictedCash contextRef="c1" decimals="0" unitRef="usd"> 26339708 </us-gaap:RestrictedCash>
<us-gaap:RestrictedCash contextRef="c2" decimals="0" unitRef="usd"> 29693689 </us-gaap:RestrictedCash>
<us-gaap:AccountsReceivableNetCurrent contextRef="c1" decimals="0" unitRef="usd"> 7122604 </us-gaap:AccountsReceivableNetCurrent>
<us-gaap:AccountsReceivableNetCurrent contextRef="c2" decimals="0" unitRef="usd"> 6929529 </us-gaap:AccountsReceivableNetCurrent>
<us-gaap:InventoryNet contextRef="c1" decimals="0" unitRef="usd"> 3027 </us-gaap:InventoryNet>
<us-gaap:InventoryNet contextRef="c2" decimals="0" unitRef="usd"> 33598 </us-gaap:InventoryNet>
<rahgf:LoanReceivableDueFromThirdParties contextRef="c1" decimals="0" unitRef="usd"> 26375018 </rahgf:LoanReceivableDueFromThirdParties>
<rahgf:LoanReceivableDueFromThirdParties contextRef="c2" decimals="0" unitRef="usd"> 23751471 </rahgf:LoanReceivableDueFromThirdParties>
<us-gaap:DueFromRelatedPartiesCurrent contextRef="c1" decimals="0" unitRef="usd"> 1325 </us-gaap:DueFromRelatedPartiesCurrent>
<us-gaap:DueFromRelatedPartiesCurrent contextRef="c2" decimals="0" unitRef="usd"> 5941 </us-gaap:DueFromRelatedPartiesCurrent>
<us-gaap:OtherAssetsCurrent contextRef="c1" decimals="0" unitRef="usd"> 72250 </us-gaap:OtherAssetsCurrent>
<us-gaap:OtherAssetsCurrent contextRef="c2" decimals="0" unitRef="usd"> 70910 </us-gaap:OtherAssetsCurrent>
<rahgf:OtherCurrentAsset contextRef="c1" decimals="0" unitRef="usd"> 745964 </rahgf:OtherCurrentAsset>
<rahgf:OtherCurrentAsset contextRef="c2" decimals="0" unitRef="usd"> 656835 </rahgf:OtherCurrentAsset>
<us-gaap:AssetsCurrent contextRef="c1" decimals="0" unitRef="usd"> 61695570 </us-gaap:AssetsCurrent>
<us-gaap:AssetsCurrent contextRef="c2" decimals="0" unitRef="usd"> 63089115 </us-gaap:AssetsCurrent>
<us-gaap:DepositAssets contextRef="c1" decimals="0" unitRef="usd"> 15329 </us-gaap:DepositAssets>
<us-gaap:DepositAssets contextRef="c2" decimals="0" unitRef="usd"> 48752 </us-gaap:DepositAssets>
<us-gaap:PropertyPlantAndEquipmentNet contextRef="c1" decimals="0" unitRef="usd"> 64146 </us-gaap:PropertyPlantAndEquipmentNet>
<us-gaap:PropertyPlantAndEquipmentNet contextRef="c2" decimals="0" unitRef="usd"> 77073 </us-gaap:PropertyPlantAndEquipmentNet>
<us-gaap:OtherIntangibleAssetsNet contextRef="c1" decimals="0" unitRef="usd"> 2519491 </us-gaap:OtherIntangibleAssetsNet>
<us-gaap:OtherIntangibleAssetsNet contextRef="c2" decimals="0" unitRef="usd"> 3123394 </us-gaap:OtherIntangibleAssetsNet>
<us-gaap:OperatingLeaseRightOfUseAsset contextRef="c1" decimals="0" unitRef="usd"> 103801 </us-gaap:OperatingLeaseRightOfUseAsset>
<us-gaap:OperatingLeaseRightOfUseAsset contextRef="c2" decimals="0" unitRef="usd"> 37313 </us-gaap:OperatingLeaseRightOfUseAsset>
<us-gaap:Goodwill contextRef="c1" decimals="0" unitRef="usd"> 267331 </us-gaap:Goodwill>
<us-gaap:Goodwill contextRef="c2" decimals="0" unitRef="usd"> 267331 </us-gaap:Goodwill>
<us-gaap:AssetsNoncurrent contextRef="c1" decimals="0" unitRef="usd"> 2970098 </us-gaap:AssetsNoncurrent>
<us-gaap:AssetsNoncurrent contextRef="c2" decimals="0" unitRef="usd"> 3553863 </us-gaap:AssetsNoncurrent>
<us-gaap:Assets contextRef="c1" decimals="0" unitRef="usd"> 64665668 </us-gaap:Assets>
<us-gaap:Assets contextRef="c2" decimals="0" unitRef="usd"> 66642978 </us-gaap:Assets>
<rahgf:CustomerPledgedDeposits contextRef="c2" decimals="0" unitRef="usd"> 7846 </rahgf:CustomerPledgedDeposits>
<us-gaap:DeferredRevenueCurrent contextRef="c1" decimals="0" unitRef="usd"> 69099 </us-gaap:DeferredRevenueCurrent>
<us-gaap:DeferredRevenueCurrent contextRef="c2" decimals="0" unitRef="usd"> 72523 </us-gaap:DeferredRevenueCurrent>
<rahgf:ReserveForFinancialGuaranteeLosses contextRef="c1" decimals="0" unitRef="usd"> 430179 </rahgf:ReserveForFinancialGuaranteeLosses>
<rahgf:ReserveForFinancialGuaranteeLosses contextRef="c2" decimals="0" unitRef="usd"> 651341 </rahgf:ReserveForFinancialGuaranteeLosses>
<us-gaap:DividendsPayableCurrentAndNoncurrent contextRef="c1" decimals="0" unitRef="usd"> 480000 </us-gaap:DividendsPayableCurrentAndNoncurrent>
<us-gaap:DividendsPayableCurrentAndNoncurrent contextRef="c2" decimals="0" unitRef="usd"> 480000 </us-gaap:DividendsPayableCurrentAndNoncurrent>
<us-gaap:TaxesPayableCurrent contextRef="c1" decimals="0" unitRef="usd"> 3012439 </us-gaap:TaxesPayableCurrent>
<us-gaap:TaxesPayableCurrent contextRef="c2" decimals="0" unitRef="usd"> 2614257 </us-gaap:TaxesPayableCurrent>
<us-gaap:DueToRelatedPartiesCurrent contextRef="c1" decimals="0" unitRef="usd"> 123785 </us-gaap:DueToRelatedPartiesCurrent>
<us-gaap:DueToRelatedPartiesCurrent contextRef="c2" decimals="0" unitRef="usd"> 123117 </us-gaap:DueToRelatedPartiesCurrent>
<rahgf:WarrantLiabilities contextRef="c2" decimals="0" unitRef="usd"> 16998 </rahgf:WarrantLiabilities>
<us-gaap:OperatingLeaseLiabilityCurrent contextRef="c1" decimals="0" unitRef="usd"> 58269 </us-gaap:OperatingLeaseLiabilityCurrent>
<us-gaap:OperatingLeaseLiabilityCurrent contextRef="c2" decimals="0" unitRef="usd"> 65498 </us-gaap:OperatingLeaseLiabilityCurrent>
<us-gaap:AccountsPayableAndOtherAccruedLiabilitiesCurrent contextRef="c1" decimals="0" unitRef="usd"> 1488507 </us-gaap:AccountsPayableAndOtherAccruedLiabilitiesCurrent>
<us-gaap:AccountsPayableAndOtherAccruedLiabilitiesCurrent contextRef="c2" decimals="0" unitRef="usd"> 1155903 </us-gaap:AccountsPayableAndOtherAccruedLiabilitiesCurrent>
<us-gaap:ShortTermBankLoansAndNotesPayable contextRef="c1" decimals="0" unitRef="usd"> 5671758 </us-gaap:ShortTermBankLoansAndNotesPayable>
<us-gaap:ShortTermBankLoansAndNotesPayable contextRef="c2" decimals="0" unitRef="usd"> 5961460 </us-gaap:ShortTermBankLoansAndNotesPayable>
<us-gaap:LiabilitiesCurrent contextRef="c1" decimals="0" unitRef="usd"> 11334036 </us-gaap:LiabilitiesCurrent>
<us-gaap:LiabilitiesCurrent contextRef="c2" decimals="0" unitRef="usd"> 11148943 </us-gaap:LiabilitiesCurrent>
<us-gaap:OperatingLeaseLiabilityNoncurrent contextRef="c1" decimals="0" unitRef="usd"> 61172 </us-gaap:OperatingLeaseLiabilityNoncurrent>
<us-gaap:DeferredIncomeTaxLiabilitiesNet contextRef="c1" decimals="0" unitRef="usd"> 456118 </us-gaap:DeferredIncomeTaxLiabilitiesNet>
<us-gaap:DeferredIncomeTaxLiabilitiesNet contextRef="c2" decimals="0" unitRef="usd"> 544355 </us-gaap:DeferredIncomeTaxLiabilitiesNet>
<us-gaap:OtherLiabilitiesNoncurrent contextRef="c1" decimals="0" unitRef="usd"> 517290 </us-gaap:OtherLiabilitiesNoncurrent>
<us-gaap:OtherLiabilitiesNoncurrent contextRef="c2" decimals="0" unitRef="usd"> 544355 </us-gaap:OtherLiabilitiesNoncurrent>
<us-gaap:Liabilities contextRef="c1" decimals="0" unitRef="usd"> 11851326 </us-gaap:Liabilities>
<us-gaap:Liabilities contextRef="c2" decimals="0" unitRef="usd"> 11693298 </us-gaap:Liabilities>
<us-gaap:CommonStockSharesIssued contextRef="c1" decimals="0" unitRef="shares"> 25287851 </us-gaap:CommonStockSharesIssued>
<us-gaap:CommonStockSharesOutstanding contextRef="c1" decimals="0" unitRef="shares"> 25287851 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesIssued contextRef="c2" decimals="0" unitRef="shares"> 25287851 </us-gaap:CommonStockSharesIssued>
<us-gaap:CommonStockSharesOutstanding contextRef="c2" decimals="0" unitRef="shares"> 25287851 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:PreferredStockSharesIssued contextRef="c4" decimals="0" unitRef="shares"> 715000 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesOutstanding contextRef="c4" decimals="0" unitRef="shares"> 715000 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:PreferredStockSharesIssued contextRef="c5" decimals="0" unitRef="shares"> 715000 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesOutstanding contextRef="c5" decimals="0" unitRef="shares"> 715000 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:PreferredStockValue contextRef="c1" decimals="0" unitRef="usd"> 12052106 </us-gaap:PreferredStockValue>
<us-gaap:PreferredStockValue contextRef="c2" decimals="0" unitRef="usd"> 11711727 </us-gaap:PreferredStockValue>
<us-gaap:PreferredStockSharesIssued contextRef="c8" decimals="0" unitRef="shares"> 291795150 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesOutstanding contextRef="c8" decimals="0" unitRef="shares"> 291795150 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:PreferredStockSharesIssued contextRef="c9" decimals="0" unitRef="shares"> 291795150 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesOutstanding contextRef="c9" decimals="0" unitRef="shares"> 291795150 </us-gaap:PreferredStockSharesOutstanding>
<rahgf:PreferredStockValueOne contextRef="c1" decimals="0" unitRef="usd"> 31087732 </rahgf:PreferredStockValueOne>
<rahgf:PreferredStockValueOne contextRef="c2" decimals="0" unitRef="usd"> 31087732 </rahgf:PreferredStockValueOne>
<us-gaap:AdditionalPaidInCapitalCommonStock contextRef="c1" decimals="0" unitRef="usd"> 3312189 </us-gaap:AdditionalPaidInCapitalCommonStock>
<us-gaap:AdditionalPaidInCapitalCommonStock contextRef="c2" decimals="0" unitRef="usd"> 3312189 </us-gaap:AdditionalPaidInCapitalCommonStock>
<rahgf:StatutoryReserve contextRef="c1" decimals="0" unitRef="usd"> 362797 </rahgf:StatutoryReserve>
<rahgf:StatutoryReserve contextRef="c2" decimals="0" unitRef="usd"> 362797 </rahgf:StatutoryReserve>
<us-gaap:RetainedEarningsUnappropriated contextRef="c1" decimals="0" unitRef="usd"> -14824176 </us-gaap:RetainedEarningsUnappropriated>
<us-gaap:RetainedEarningsUnappropriated contextRef="c2" decimals="0" unitRef="usd"> -14805802 </us-gaap:RetainedEarningsUnappropriated>
<us-gaap:AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax contextRef="c1" decimals="0" unitRef="usd"> 1437234 </us-gaap:AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax>
<us-gaap:AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax contextRef="c2" decimals="0" unitRef="usd"> 3128086 </us-gaap:AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax>
<us-gaap:StockholdersEquity contextRef="c1" decimals="0" unitRef="usd"> 33427882 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="c2" decimals="0" unitRef="usd"> 34796729 </us-gaap:StockholdersEquity>
<us-gaap:MinorityInterest contextRef="c1" decimals="0" unitRef="usd"> 19386460 </us-gaap:MinorityInterest>
<us-gaap:MinorityInterest contextRef="c2" decimals="0" unitRef="usd"> 20152951 </us-gaap:MinorityInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c1" decimals="0" unitRef="usd"> 52814342 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c2" decimals="0" unitRef="usd"> 54949680 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:LiabilitiesAndStockholdersEquity contextRef="c1" decimals="0" unitRef="usd"> 64665668 </us-gaap:LiabilitiesAndStockholdersEquity>
<us-gaap:LiabilitiesAndStockholdersEquity contextRef="c2" decimals="0" unitRef="usd"> 66642978 </us-gaap:LiabilitiesAndStockholdersEquity>
<us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax contextRef="c0" decimals="0" unitRef="usd"> 1111651 </us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax>
<us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax contextRef="c12" decimals="0" unitRef="usd"> 330788 </us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax>
<rahgf:RevenuesFromHealthcareServicePackages contextRef="c0" decimals="0" unitRef="usd"> 26209 </rahgf:RevenuesFromHealthcareServicePackages>
<us-gaap:CostOfRevenue contextRef="c0" decimals="0" unitRef="usd"> 18616 </us-gaap:CostOfRevenue>
<rahgf:RevenuesFromConsultingServicesNet contextRef="c0" decimals="0" unitRef="usd"> 1119244 </rahgf:RevenuesFromConsultingServicesNet>
<rahgf:RevenuesFromConsultingServicesNet contextRef="c12" decimals="0" unitRef="usd"> 330788 </rahgf:RevenuesFromConsultingServicesNet>
<rahgf:CommissionsAndFeesOnFinancialGuaranteeServices contextRef="c0" decimals="0" unitRef="usd"> 185634 </rahgf:CommissionsAndFeesOnFinancialGuaranteeServices>
<rahgf:CommissionsAndFeesOnFinancialGuaranteeServices contextRef="c12" decimals="0" unitRef="usd"> 191920 </rahgf:CommissionsAndFeesOnFinancialGuaranteeServices>
<rahgf:ProvisionsForFinancialGuaranteeServices contextRef="c0" decimals="0" unitRef="usd"> -195915 </rahgf:ProvisionsForFinancialGuaranteeServices>
<rahgf:ProvisionsForFinancialGuaranteeServices contextRef="c12" decimals="0" unitRef="usd"> 15586 </rahgf:ProvisionsForFinancialGuaranteeServices>
<rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet contextRef="c0" decimals="0" unitRef="usd"> 381549 </rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet>
<rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet contextRef="c12" decimals="0" unitRef="usd"> 176334 </rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet>
<rahgf:InterestAndFeeIncomeLoansRelatedParty contextRef="c0" decimals="0" unitRef="usd"> 1112816 </rahgf:InterestAndFeeIncomeLoansRelatedParty>
<rahgf:InterestAndFeeIncomeLoansRelatedParty contextRef="c12" decimals="0" unitRef="usd"> 998827 </rahgf:InterestAndFeeIncomeLoansRelatedParty>
<us-gaap:InterestIncomeDepositsWithFinancialInstitutions contextRef="c0" decimals="0" unitRef="usd"> 178214 </us-gaap:InterestIncomeDepositsWithFinancialInstitutions>
<us-gaap:InterestIncomeDepositsWithFinancialInstitutions contextRef="c12" decimals="0" unitRef="usd"> 271212 </us-gaap:InterestIncomeDepositsWithFinancialInstitutions>
<us-gaap:InterestAndDividendIncomeOperating contextRef="c0" decimals="0" unitRef="usd"> 1291030 </us-gaap:InterestAndDividendIncomeOperating>
<us-gaap:InterestAndDividendIncomeOperating contextRef="c12" decimals="0" unitRef="usd"> 1270039 </us-gaap:InterestAndDividendIncomeOperating>
<us-gaap:OperatingIncomeLoss contextRef="c0" decimals="0" unitRef="usd"> 2791823 </us-gaap:OperatingIncomeLoss>
<us-gaap:OperatingIncomeLoss contextRef="c12" decimals="0" unitRef="usd"> 1777161 </us-gaap:OperatingIncomeLoss>
<rahgf:SalariesAndEmployeeSurcharge contextRef="c0" decimals="0" unitRef="usd"> 658544 </rahgf:SalariesAndEmployeeSurcharge>
<rahgf:SalariesAndEmployeeSurcharge contextRef="c12" decimals="0" unitRef="usd"> 564110 </rahgf:SalariesAndEmployeeSurcharge>
<us-gaap:OtherCostAndExpenseOperating contextRef="c0" decimals="0" unitRef="usd"> 1184588 </us-gaap:OtherCostAndExpenseOperating>
<us-gaap:OtherCostAndExpenseOperating contextRef="c12" decimals="0" unitRef="usd"> 1514281 </us-gaap:OtherCostAndExpenseOperating>
<rahgf:ChangesInFairValueOfWarrantLiabilities contextRef="c0" decimals="0" unitRef="usd"> 16998 </rahgf:ChangesInFairValueOfWarrantLiabilities>
<rahgf:ChangesInFairValueOfWarrantLiabilities contextRef="c12" decimals="0" unitRef="usd"> -27729 </rahgf:ChangesInFairValueOfWarrantLiabilities>
<us-gaap:OperatingExpenses contextRef="c0" decimals="0" unitRef="usd"> 1826134 </us-gaap:OperatingExpenses>
<us-gaap:OperatingExpenses contextRef="c12" decimals="0" unitRef="usd"> 2106120 </us-gaap:OperatingExpenses>
<us-gaap:OtherNonoperatingIncomeExpense contextRef="c0" decimals="0" unitRef="usd"> -147823 </us-gaap:OtherNonoperatingIncomeExpense>
<us-gaap:OtherNonoperatingIncomeExpense contextRef="c12" decimals="0" unitRef="usd"> -155633 </us-gaap:OtherNonoperatingIncomeExpense>
<us-gaap:InterestIncomeExpenseNet contextRef="c0" decimals="0" unitRef="usd"> 91887 </us-gaap:InterestIncomeExpenseNet>
<us-gaap:InterestIncomeExpenseNet contextRef="c12" decimals="0" unitRef="usd"> 11127 </us-gaap:InterestIncomeExpenseNet>
<us-gaap:NonoperatingIncomeExpense contextRef="c0" decimals="0" unitRef="usd"> -55936 </us-gaap:NonoperatingIncomeExpense>
<us-gaap:NonoperatingIncomeExpense contextRef="c12" decimals="0" unitRef="usd"> -144506 </us-gaap:NonoperatingIncomeExpense>
<us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="c0" decimals="0" unitRef="usd"> 909753 </us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
<us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="c12" decimals="0" unitRef="usd"> -473465 </us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
<us-gaap:IncomeTaxExpenseBenefit contextRef="c0" decimals="0" unitRef="usd"> 346381 </us-gaap:IncomeTaxExpenseBenefit>
<us-gaap:IncomeTaxExpenseBenefit contextRef="c12" decimals="0" unitRef="usd"> -13068 </us-gaap:IncomeTaxExpenseBenefit>
<us-gaap:ProfitLoss contextRef="c0" decimals="0" unitRef="usd"> 563372 </us-gaap:ProfitLoss>
<us-gaap:ProfitLoss contextRef="c12" decimals="0" unitRef="usd"> -460397 </us-gaap:ProfitLoss>
<us-gaap:NetIncomeLossAttributableToNoncontrollingInterest contextRef="c0" decimals="0" unitRef="usd"> 241367 </us-gaap:NetIncomeLossAttributableToNoncontrollingInterest>
<us-gaap:NetIncomeLossAttributableToNoncontrollingInterest contextRef="c12" decimals="0" unitRef="usd"> 67030 </us-gaap:NetIncomeLossAttributableToNoncontrollingInterest>
<us-gaap:NetIncomeLoss contextRef="c0" decimals="0" unitRef="usd"> 322005 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss contextRef="c12" decimals="0" unitRef="usd"> -527427 </us-gaap:NetIncomeLoss>
<us-gaap:ProfitLoss contextRef="c0" decimals="0" unitRef="usd"> 563372 </us-gaap:ProfitLoss>
<us-gaap:ProfitLoss contextRef="c12" decimals="0" unitRef="usd"> -460397 </us-gaap:ProfitLoss>
<us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent contextRef="c0" decimals="0" unitRef="usd"> -2698710 </us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent>
<us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent contextRef="c12" decimals="0" unitRef="usd"> 529793 </us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent>
<us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest contextRef="c0" decimals="0" unitRef="usd"> -766491 </us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest>
<us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest contextRef="c12" decimals="0" unitRef="usd"> 226482 </us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest>
<us-gaap:ComprehensiveIncomeNetOfTax contextRef="c0" decimals="0" unitRef="usd"> -1368847 </us-gaap:ComprehensiveIncomeNetOfTax>
<us-gaap:ComprehensiveIncomeNetOfTax contextRef="c12" decimals="0" unitRef="usd"> -157086 </us-gaap:ComprehensiveIncomeNetOfTax>
<us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="c0" decimals="0" id="ix_0_fact" unitRef="shares"> 25287887 </us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
<us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="c12" decimals="0" id="ix_1_fact" unitRef="shares"> 25287887 </us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
<us-gaap:EarningsPerShareBasic contextRef="c0" decimals="2" unitRef="usdPershares"> 0.01 </us-gaap:EarningsPerShareBasic>
<us-gaap:EarningsPerShareBasic contextRef="c12" decimals="2" unitRef="usdPershares"> -0.02 </us-gaap:EarningsPerShareBasic>
<us-gaap:SharesOutstanding contextRef="c13" decimals="INF" unitRef="shares"> 25287851 </us-gaap:SharesOutstanding>
<us-gaap:SharesOutstanding contextRef="c14" decimals="INF" unitRef="shares"> 715000 </us-gaap:SharesOutstanding>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c14" decimals="0" unitRef="usd"> 11711727 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:SharesOutstanding contextRef="c15" decimals="INF" unitRef="shares"> 291795150 </us-gaap:SharesOutstanding>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c15" decimals="0" unitRef="usd"> 31087732 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c16" decimals="0" unitRef="usd"> 3312189 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c17" decimals="0" unitRef="usd"> 362797 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c18" decimals="0" unitRef="usd"> -14805802 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c19" decimals="0" unitRef="usd"> 3128086 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c20" decimals="0" unitRef="usd"> 20152951 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c2" decimals="0" unitRef="usd"> 54949680 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:ProfitLoss contextRef="c26" decimals="0" unitRef="usd"> 322005 </us-gaap:ProfitLoss>
<us-gaap:ProfitLoss contextRef="c28" decimals="0" unitRef="usd"> 241367 </us-gaap:ProfitLoss>
<us-gaap:ProfitLoss contextRef="c0" decimals="0" unitRef="usd"> 563372 </us-gaap:ProfitLoss>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c22" decimals="0" unitRef="usd"> 340379 </rahgf:StockIssuedDuringPeriodValueDividendToShareholders>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c26" decimals="0" unitRef="usd"> -340379 </rahgf:StockIssuedDuringPeriodValueDividendToShareholders>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c27" decimals="0" unitRef="usd"> -1690852 </us-gaap:ForeignCurrencyTransactionGainLossBeforeTax>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c28" decimals="0" unitRef="usd"> -1007858 </us-gaap:ForeignCurrencyTransactionGainLossBeforeTax>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c0" decimals="0" unitRef="usd"> -2698710 </us-gaap:ForeignCurrencyTransactionGainLossBeforeTax>
<us-gaap:SharesOutstanding contextRef="c29" decimals="INF" unitRef="shares"> 25287851 </us-gaap:SharesOutstanding>
<us-gaap:SharesOutstanding contextRef="c30" decimals="INF" unitRef="shares"> 715000 </us-gaap:SharesOutstanding>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c30" decimals="0" unitRef="usd"> 12052106 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:SharesOutstanding contextRef="c31" decimals="INF" unitRef="shares"> 291795150 </us-gaap:SharesOutstanding>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c31" decimals="0" unitRef="usd"> 31087732 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c32" decimals="0" unitRef="usd"> 3312189 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c33" decimals="0" unitRef="usd"> 362797 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c34" decimals="0" unitRef="usd"> -14824176 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c35" decimals="0" unitRef="usd"> 1437234 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c36" decimals="0" unitRef="usd"> 19386460 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c1" decimals="0" unitRef="usd"> 52814342 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:SharesOutstanding contextRef="c37" decimals="INF" unitRef="shares"> 25287851 </us-gaap:SharesOutstanding>
<us-gaap:SharesOutstanding contextRef="c38" decimals="INF" unitRef="shares"> 715000 </us-gaap:SharesOutstanding>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c38" decimals="0" unitRef="usd"> 11025327 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:SharesOutstanding contextRef="c39" decimals="INF" unitRef="shares"> 291795150 </us-gaap:SharesOutstanding>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c39" decimals="0" unitRef="usd"> 31087732 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c40" decimals="0" unitRef="usd"> 3312189 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c41" decimals="0" unitRef="usd"> 202592 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c42" decimals="0" unitRef="usd"> -14330288 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c43" decimals="0" unitRef="usd"> 2310369 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c44" decimals="0" unitRef="usd"> 19278508 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c45" decimals="0" unitRef="usd"> 52886429 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:ProfitLoss contextRef="c51" decimals="0" unitRef="usd"> -527427 </us-gaap:ProfitLoss>
<us-gaap:ProfitLoss contextRef="c53" decimals="0" unitRef="usd"> 67030 </us-gaap:ProfitLoss>
<us-gaap:ProfitLoss contextRef="c12" decimals="0" unitRef="usd"> -460397 </us-gaap:ProfitLoss>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c47" decimals="0" unitRef="usd"> 343200 </rahgf:StockIssuedDuringPeriodValueDividendToShareholders>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c51" decimals="0" unitRef="usd"> -343200 </rahgf:StockIssuedDuringPeriodValueDividendToShareholders>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c52" decimals="0" unitRef="usd"> 303311 </us-gaap:ForeignCurrencyTransactionGainLossBeforeTax>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c53" decimals="0" unitRef="usd"> 226482 </us-gaap:ForeignCurrencyTransactionGainLossBeforeTax>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c12" decimals="0" unitRef="usd"> 529793 </us-gaap:ForeignCurrencyTransactionGainLossBeforeTax>
<us-gaap:SharesOutstanding contextRef="c54" decimals="INF" unitRef="shares"> 25287851 </us-gaap:SharesOutstanding>
<us-gaap:SharesOutstanding contextRef="c55" decimals="INF" unitRef="shares"> 715000 </us-gaap:SharesOutstanding>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c55" decimals="0" unitRef="usd"> 11368527 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:SharesOutstanding contextRef="c56" decimals="INF" unitRef="shares"> 291795150 </us-gaap:SharesOutstanding>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c56" decimals="0" unitRef="usd"> 31087732 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c57" decimals="0" unitRef="usd"> 3312189 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c58" decimals="0" unitRef="usd"> 202592 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c59" decimals="0" unitRef="usd"> -15200915 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c60" decimals="0" unitRef="usd"> 2613680 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c61" decimals="0" unitRef="usd"> 19572020 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c62" decimals="0" unitRef="usd"> 52955825 </us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
<us-gaap:ProfitLoss contextRef="c0" decimals="0" unitRef="usd"> 563372 </us-gaap:ProfitLoss>
<us-gaap:ProfitLoss contextRef="c12" decimals="0" unitRef="usd"> -460397 </us-gaap:ProfitLoss>
<us-gaap:DepreciationDepletionAndAmortization contextRef="c0" decimals="0" unitRef="usd"> 530060 </us-gaap:DepreciationDepletionAndAmortization>
<us-gaap:DepreciationDepletionAndAmortization contextRef="c12" decimals="0" unitRef="usd"> 539327 </us-gaap:DepreciationDepletionAndAmortization>
<rahgf:BadDebtProvision contextRef="c0" decimals="0" unitRef="usd"> 21149 </rahgf:BadDebtProvision>
<rahgf:BadDebtProvision contextRef="c12" decimals="0" unitRef="usd"> 330573 </rahgf:BadDebtProvision>
<us-gaap:ProvisionForOtherLosses contextRef="c0" decimals="0" unitRef="usd"> -195915 </us-gaap:ProvisionForOtherLosses>
<us-gaap:ProvisionForOtherLosses contextRef="c12" decimals="0" unitRef="usd"> 15586 </us-gaap:ProvisionForOtherLosses>
<us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="c0" decimals="0" unitRef="usd"> -63872 </us-gaap:DeferredIncomeTaxExpenseBenefit>
<us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="c12" decimals="0" unitRef="usd"> -219226 </us-gaap:DeferredIncomeTaxExpenseBenefit>
<us-gaap:FairValueAdjustmentOfWarrants contextRef="c0" decimals="0" unitRef="usd"> -16998 </us-gaap:FairValueAdjustmentOfWarrants>
<us-gaap:FairValueAdjustmentOfWarrants contextRef="c12" decimals="0" unitRef="usd"> 27730 </us-gaap:FairValueAdjustmentOfWarrants>
<rahgf:LossgainFromLeaseModification contextRef="c12" decimals="0" unitRef="usd"> 20386 </rahgf:LossgainFromLeaseModification>
<us-gaap:FinanceLeaseRightOfUseAssetAmortization contextRef="c0" decimals="0" unitRef="usd"> 1654 </us-gaap:FinanceLeaseRightOfUseAssetAmortization>
<us-gaap:FinanceLeaseRightOfUseAssetAmortization contextRef="c12" decimals="0" unitRef="usd"> 4900 </us-gaap:FinanceLeaseRightOfUseAssetAmortization>
<us-gaap:IncreaseDecreaseInAccountsReceivable contextRef="c0" decimals="0" unitRef="usd"> 157705 </us-gaap:IncreaseDecreaseInAccountsReceivable>
<us-gaap:IncreaseDecreaseInAccountsReceivable contextRef="c12" decimals="0" unitRef="usd"> -1112931 </us-gaap:IncreaseDecreaseInAccountsReceivable>
<us-gaap:IncreaseDecreaseInInventories contextRef="c0" decimals="0" unitRef="usd"> -30571 </us-gaap:IncreaseDecreaseInInventories>
<us-gaap:IncreaseDecreaseInInventories contextRef="c12" decimals="0" unitRef="usd"> 2330 </us-gaap:IncreaseDecreaseInInventories>
<us-gaap:IncreaseDecreaseInOtherCurrentAssets contextRef="c0" decimals="0" unitRef="usd"> 1340 </us-gaap:IncreaseDecreaseInOtherCurrentAssets>
<us-gaap:IncreaseDecreaseInOtherCurrentAssets contextRef="c12" decimals="0" unitRef="usd"> -3419669 </us-gaap:IncreaseDecreaseInOtherCurrentAssets>
<us-gaap:IncreaseDecreaseInOtherReceivables contextRef="c0" decimals="0" unitRef="usd"> 92457 </us-gaap:IncreaseDecreaseInOtherReceivables>
<us-gaap:IncreaseDecreaseInOtherReceivables contextRef="c12" decimals="0" unitRef="usd"> -2997179 </us-gaap:IncreaseDecreaseInOtherReceivables>
<rahgf:IncreaseDecreaseInPledgedDeposits contextRef="c0" decimals="0" unitRef="usd"> 33423 </rahgf:IncreaseDecreaseInPledgedDeposits>
<rahgf:IncreaseDecreaseInPledgedDeposits contextRef="c12" decimals="0" unitRef="usd"> 82099 </rahgf:IncreaseDecreaseInPledgedDeposits>
<us-gaap:IncreaseDecreaseInContractWithCustomerAsset contextRef="c0" decimals="0" unitRef="usd"> 3424 </us-gaap:IncreaseDecreaseInContractWithCustomerAsset>
<us-gaap:IncreaseDecreaseInContractWithCustomerAsset contextRef="c12" decimals="0" unitRef="usd"> 19159 </us-gaap:IncreaseDecreaseInContractWithCustomerAsset>
<us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable contextRef="c0" decimals="0" unitRef="usd"> 398182 </us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable>
<us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable contextRef="c12" decimals="0" unitRef="usd"> 304981 </us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable>
<us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities contextRef="c0" decimals="0" unitRef="usd"> 332604 </us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities>
<us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities contextRef="c12" decimals="0" unitRef="usd"> 67147 </us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities>
<rahgf:IncreaseDecreaseinCustomerPledgedAssets contextRef="c0" decimals="0" unitRef="usd"> 7846 </rahgf:IncreaseDecreaseinCustomerPledgedAssets>
<us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet contextRef="c0" decimals="0" unitRef="usd"> 1370 </us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet>
<us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="c0" decimals="0" unitRef="usd"> 1370088 </us-gaap:NetCashProvidedByUsedInOperatingActivities>
<us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="c12" decimals="0" unitRef="usd"> 8221396 </us-gaap:NetCashProvidedByUsedInOperatingActivities>
<rahgf:RepaymentdisbursementOfLoansToThirdParties contextRef="c0" decimals="0" unitRef="usd"> 3962433 </rahgf:RepaymentdisbursementOfLoansToThirdParties>
<rahgf:RepaymentdisbursementOfLoansToThirdParties contextRef="c12" decimals="0" unitRef="usd"> 3433781 </rahgf:RepaymentdisbursementOfLoansToThirdParties>
<rahgf:PaymentOfDueFromRelatedParty contextRef="c0" decimals="0" unitRef="usd"> -5284 </rahgf:PaymentOfDueFromRelatedParty>
<rahgf:PaymentOfDueFromRelatedParty contextRef="c12" decimals="0" unitRef="usd"> 11160 </rahgf:PaymentOfDueFromRelatedParty>
<us-gaap:NetCashProvidedByUsedInInvestingActivities contextRef="c0" decimals="0" unitRef="usd"> -3957149 </us-gaap:NetCashProvidedByUsedInInvestingActivities>
<us-gaap:NetCashProvidedByUsedInInvestingActivities contextRef="c12" decimals="0" unitRef="usd"> -3444941 </us-gaap:NetCashProvidedByUsedInInvestingActivities>
<us-gaap:RepaymentsOfBankDebt contextRef="c12" decimals="0" unitRef="usd"> 2942152 </us-gaap:RepaymentsOfBankDebt>
<us-gaap:FinanceLeasePrincipalPayments contextRef="c0" decimals="0" unitRef="usd"> 62562 </us-gaap:FinanceLeasePrincipalPayments>
<us-gaap:FinanceLeasePrincipalPayments contextRef="c12" decimals="0" unitRef="usd"> 13320 </us-gaap:FinanceLeasePrincipalPayments>
<us-gaap:NetCashProvidedByUsedInFinancingActivities contextRef="c0" decimals="0" unitRef="usd"> -62562 </us-gaap:NetCashProvidedByUsedInFinancingActivities>
<us-gaap:NetCashProvidedByUsedInFinancingActivities contextRef="c12" decimals="0" unitRef="usd"> -2955472 </us-gaap:NetCashProvidedByUsedInFinancingActivities>
<us-gaap:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents contextRef="c0" decimals="0" unitRef="usd"> -1615826 </us-gaap:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents>
<us-gaap:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents contextRef="c12" decimals="0" unitRef="usd"> 564020 </us-gaap:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents>
<us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect contextRef="c0" decimals="0" unitRef="usd"> -4265449 </us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect>
<us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect contextRef="c12" decimals="0" unitRef="usd"> 2385003 </us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect>
<us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents contextRef="c2" decimals="0" unitRef="usd"> 31640831 </us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents>
<us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents contextRef="c45" decimals="0" unitRef="usd"> 30807604 </us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents>
<us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents contextRef="c1" decimals="0" unitRef="usd"> 27375382 </us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents>
<us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents contextRef="c62" decimals="0" unitRef="usd"> 33192607 </us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents>
<us-gaap:InterestPaidNet contextRef="c0" decimals="0" unitRef="usd"> 128035 </us-gaap:InterestPaidNet>
<us-gaap:InterestPaidNet contextRef="c12" decimals="0" unitRef="usd"> 146215 </us-gaap:InterestPaidNet>
<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="c1" decimals="0" unitRef="usd"> 1035674 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="c62" decimals="0" unitRef="usd"> 2258679 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:RestrictedCash contextRef="c1" decimals="0" unitRef="usd"> 26339708 </us-gaap:RestrictedCash>
<us-gaap:RestrictedCash contextRef="c62" decimals="0" unitRef="usd"> 30933928 </us-gaap:RestrictedCash>
<us-gaap:CashCashEquivalentsAndShortTermInvestments contextRef="c1" decimals="0" unitRef="usd"> 27375382 </us-gaap:CashCashEquivalentsAndShortTermInvestments>
<us-gaap:CashCashEquivalentsAndShortTermInvestments contextRef="c62" decimals="0" unitRef="usd"> 33192607 </us-gaap:CashCashEquivalentsAndShortTermInvestments>
<us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock contextRef="c0">
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in; text-align: justify"><span style="font-size: 10pt"><b>1. ORGANIZATION AND PRINCIPAL ACTIVITIES</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Roan Holdings Group Co., Ltd. (formerly known as China Lending Corporation or DT Asia Investments Limited) (“Roan”, or the “Company”) is a holding company incorporated on April 8, 2014, under the laws of the British Virgin Islands. On November 27, 2019, the BVI Registrar of Corporate Affairs approved the Company’s name change to Roan Holdings Group Co., Ltd., and on January 8, 2020, the Financial Industry Regulatory Authority (“FINRA”) accepted the Company’s request for the following changes on the Over the Counter Bulletin Board (“OTCBB”): 1) the name change from China Lending Corporation to Roan Holdings Group Co., Ltd., and 2) the ticker symbol change from “CLDOF” to “RAHGF” for its ordinary shares and from “CLDCF” to “RONWF” for its warrants. The new CUSIPS of the Company’s ordinary shares and warrants are G7606D 115 and G7606D 107, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On December 30, 2019, the Company set up Fortis Industrial Group Limited (former name “Fortis Health Industrial Group Limited”) in Hong Kong, which is a holding company of several direct and indirect subsidiaries and as such, does not currently have any business operations. Fortis Industrial Group Limited directly owns 100% of the equity in Zhongtan Future Industrial Operation (Hangzhou) Co., Ltd., which was incorporated on June 23, 2022. Zhongtan provides industrial operation services focusing on new energy storage, new materials and the semiconductor industry.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">  </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On February 28, 2020, a new wholly-owned subsidiary, Ningbo Zeshi Insurance Technology Co., Ltd. (“Zeshi Insurance”), was incorporated under the laws of the PRC. Its principal business is providing insurance technology services and related services.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On March 3, 2020, a new wholly-owned subsidiary, Zeshi (Hangzhou) Health Management Co., Ltd. (“Zeshi Health”), was incorporated under the laws of the PRC. Zeshi Health provides services in health management, health big data management and blockchain technology-based health information management.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On June 23, 2022, a new wholly-owned subsidiary, Zhongtan Future Industrial Operation (Hangzhou) Co., Ltd. (“Zhongtan Industrial Operation”), was incorporated under the laws of the PRC, which provides industrial operation services focusing on new energy storage, new materials and semiconductor industry.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Incorporation of joint ventures</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 2, 2022, the Company’s subsidiary, Hangzhou Zeshi Investment Partnership (Limited Partnership) (杭州泽时投资合伙企业(有限合伙) ) (“Hangzhou Zeshi”), invested RMB 22 million (approximately $3.41 million) to a joint venture, Zhongxin Future (Hangzhou) Semiconductor Technology Industry Development Co., Ltd. (中芯未来(杭州)半导体科技产业发展有限公司) (“ZhongXin”) and holds 22% of the equity in the joint venture. ZhongXin provides industrial operation solutions and will set up industrial parks by collaborating with local government in multiple areas for the manufacturing, marketing and distribution of the semiconductor products and new materials.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> On December 16, 2021, Hangzhou Zeshi invested RMB 2 million (approximately $0.31 million) in Zhongtan Future New Energy Industry Development (Zhejiang) Co., Ltd. (中碳未来新能源产业发展(浙江)有限公司) (“Zhongtan Future”), and held 2% its equity. On June 1, 2022, a shareholder of Zhongtan Future agreed to transfer 8% of its equity interest in Zhongtan Future to Hangzhou Zeshi. After the transfer, Hangzhou Zeshi owns 10% of the equity interest in Zhongtan Future.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On November 8, 2021<span style="font-family: Times New Roman, Times, Serif">,</span>the Company set up a joint venture company, FINE C+ Interactive Technology (Hangzhou) Limited (<span style="font-family: Times New Roman, Times, Serif">乐享未来互动科技(杭州)有限公司</span>) (“FINE C+ Interactive”) to provide cultural and tourism services, education development industry business and personal financial services. The Company and the Company’s business partner, Shuzhiyun Holdings (Beijing) Co., Ltd. (“Shuzhiyun”) hold 35% and 14% of the equity in the joint venture, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On October 14, 2021, the Company’s subsidiary, Yifu Health Industry (Ningbo) Co., Ltd. (“Yi Fu”) set up a joint venture company, FINE C+ Health (Hangzhou) Technology Limited (<span style="font-family: Times New Roman, Times, Serif">乐享未来健康科技(杭州)有限公司</span>) (“FINE C+ Health”), to provide online medical consultation and traditional Chinese medicine. Yi Fu and the business partner of the Company, Shuzhiyun, hold 40% and 30% of the equity in the joint venture, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As of the date of this report, none of above investments in joint ventures had been paid.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Disposition of China Roan Industrial-Financial Holdings Group Co., Ltd. (“Roan HK”) in fiscal year 2021.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On September 30, 2021, the Company sold 100% of the equity interest it held in China Roan Industrial-Financial Holdings Group Co., Ltd. (“Roan HK”), a holding company that has no business operations, to Yuanjia Asset Management Co., Ltd., a BVI company (“Yuanjia”), for a total of approximately $282 (HK$2,200). The net assets of Roan HK were negative $492,495 as of September 30, 2021, resulting in a gain on deconsolidation of $492,777 and other comprehensive loss of $2,494. Roan HK’s subsidiary, Jing Kai was disposed at the same time.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2022, the Company was mainly engaged in industrial financial services, which included financial guarantee services and financial consulting services, and industrial operation services. The industrial operation services focuses on the construction and operation services for industrial parks for new energy storage, new materials and the semiconductor industry.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying condensed consolidated financial statements reflect the activities of the Company and its subsidiaries as follows:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 23%; border-bottom: black 1.5pt solid; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Name</b></span></td> <td style="white-space: nowrap; width: 1%; text-align: justify"> </td> <td style="white-space: nowrap; width: 52%; border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Background</b></span></td> <td style="white-space: nowrap; width: 1%; text-align: justify"> </td> <td style="white-space: nowrap; width: 23%; border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Ownership</b></span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adrie Global Holdings Limited (“Adrie”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A BVI company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on November 19, 2014</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●   A holding company</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% owned by Roan</span></td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">China Roan Industrial-Financial Holdings Group Co., Limited (“Roan HK”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●   A Hong Kong company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on February 11, 2015</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Formerly known as China Feng Hui Financial Holding Group Co., Limited</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21pt; text-align: justify; text-indent: -21pt">●    Disposed in September 30, 2021.</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% owned by Adrie</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fortis Industrial Group Limited <br/> (“FIG”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A Hong Kong company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on December 30, 2019</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21pt; text-align: justify; text-indent: -21pt">●    Formerly known as “Fortis Health Industrial Group Limited”</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% owned by Adrie</span></td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Xinjiang Feng Hui Jing Kai Direct Lending Limited <br/> (“Jing Kai”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC company and deemed a wholly foreign owned enterprise</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on May 14, 2015</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $18 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21pt; text-align: justify; text-indent: -21pt">●    Disposed in September 30, 2021 with Roan HK.</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% owned by Roan HK</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yifu Health Industry (Ningbo) Co., Ltd. <br/> (“Yi Fu”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on December 19, 2016</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $30 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Planning for financial lease services</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: -0.25in">●    Formerly known as Ningbo Ding Tai Financial Leasing Co., Limited. </p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% owned by FIG</span></td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zeshi (Hangzhou) Health Management Co., Ltd. (“Zeshi Health”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on March 3, 2020</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of RMB 5 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in providing services in health management, health big data management and blockchain technology-based health information management.</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% indirectly owned by FIG</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ningbo Zeshi Insurance Technology Co. <br/> (“Zeshi Insurance”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on February 28, 2020</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of RMB 5 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in insurance technology services and related services.</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% indirectly owned by FIG</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td> </td> <td> </td> <td style="padding-left: 20pt; text-align: justify; text-indent: -20pt"> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hangzhou Zeshi Investment Partnership (Limited Partnership) <br/> (“Hangzhou Zeshi”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC limited liability partnership</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on December 21, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Acquired on November 29, 2019</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $7,750,878 (RMB 51 million)</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in business factoring program, financing products design, related corporate financing solutions, investments and asset management</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% indirectly owned by FIG </span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zhongtan Future Industrial Operation (Hangzhou) Co., Ltd. (“Zhongtan Industrial Operation”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">●     A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●     Incorporated on June 23, 2022</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●     Registered capital of $1 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●     Planning for industrial operation services</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% directly owned by FIG</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td> </td> <td> </td> <td style="padding-left: 21pt; text-align: justify; text-indent: -21pt"> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yijia Travel (Hangzhou) Digital Technology Co. Ltd.<br/> (“Yijia”) </span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21pt; text-align: justify; text-indent: -21pt">●    A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on August 2, 2021</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of RMB 5 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Established to engage in business travel services</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    In July, 2022, the Company announced Yiija was dissolving prior to material operations commencing</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">35% directly owned by FIG</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">FINE C+ Digital Technology (Hangzhou) Limited <br/> (“FINE C+ Digital”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on November 8, 2021</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of RMB 5 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Established to engaged in lifestyle consumer services including cross-platform clearing and settlement services for consumer reward rights and interests</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    In July, 2022, the Company announced Fine C+ Digital was dissolving prior to material operations commencing</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">45% indirectly owned by FIG</span></td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lixin Financial Holdings Group Limited<br/> (“Lixin Cayman”) </span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A Cayman company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on October 25, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">65.0177% owned by Roan</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 23%; border-bottom: black 1.5pt solid; text-align: justify"><span style="font-size: 10pt"><b>Name</b></span></td> <td style="white-space: nowrap; width: 1%; text-align: justify"> </td> <td style="white-space: nowrap; width: 52%; border-bottom: black 1.5pt solid; text-align: center"><span style="font-size: 10pt"><b>Background</b></span></td> <td style="white-space: nowrap; width: 1%; text-align: justify"> </td> <td style="white-space: nowrap; width: 23%; border-bottom: black 1.5pt solid; text-align: center"><span style="font-size: 10pt"><b>Ownership</b></span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-size: 10pt">Lixin Financial Holdings (BVI) Limited <br/> (“Lixin BVI”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A BVI company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on November 29, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p></td> <td> </td> <td><span style="font-size: 10pt">100% owned by Lixin Cayman</span></td></tr> <tr style="vertical-align: top; "> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Lixin Financial Holdings Group Limited</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(“Lixin HK”)</p></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A Hong Kong company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on January 15, 2018</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p></td> <td> </td> <td><span style="font-size: 10pt">100% owned by Lixin BVI</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-size: 10pt">Zhejiang Lixin Enterprise Management Group Co., Ltd. (“Zhejiang Lixin”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC limited liability company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on July 3, 2015</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $16,162,259 (RMB 101 million) with registered capital fully paid-up</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in financial guarantee services and related assessment and management services</p></td> <td> </td> <td><span style="font-size: 10pt">99% owned by Lixin HK and 1% owned by FIG</span></td></tr> <tr style="vertical-align: top; "> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Zhejiang Jing Yu Xin Financing Guarantee Co., Ltd</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(“Zhejiang Jingyuxin”)</p></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC limited liability company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on January 5, 2013</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $48,517,261 (RMB 303 million) with registered capital fully paid-up</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in financial guarantee services and related assessment and management services</p></td> <td> </td> <td><span style="font-size: 10pt">93.4% owned by Zhejiang Lixin</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-size: 10pt">Lixin (Hangzhou) Asset Management Co., Ltd. (“LAM”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC limited liability company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on March 21, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $4,358,565 (RMB 30 million) with $2,905,710 registered capital paid-up</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in provision of consulting and assessment services to customers and facilitates financial guarantee services between customers and guarantors</p></td> <td> </td> <td><span style="font-size: 10pt">100% owned by Zhejiang Jingyuxin</span></td></tr> <tr style="vertical-align: top; "> <td><span style="font-size: 10pt">Lixin Supply Chain Management (Tianjin) Co., Ltd. (“Lixin Supply Chain”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC limited liability company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on December 19, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $1,513,226 (RMB 10 million)</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Planning for provision of supply chain management service</p></td> <td> </td> <td><span style="font-size: 10pt">100% owned by LAM</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s condensed consolidated statements of operations and comprehensive losses also included China Roan Industrial-Financial Holdings Group Co., Ltd. (“Roan HK”) and Roan HK’s 100%-owned subsidiary Xinjiang Feng Hui Jing Kai Direct Lending Ltd. (“Jing Kai”) for the period from January 1, 2021 to September 30, 2021 until Roan HK and Jing Kai was disposed of and deconsolidated at September 30, 2021.</p>
</us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock>
<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="c63" decimals="2" unitRef="pure"> 1 </us-gaap:EquityMethodInvestmentOwnershipPercentage>
<rahgf:AppromimatelyAmount contextRef="c64" decimals="-6" unitRef="cny"> 22000000 </rahgf:AppromimatelyAmount>
<rahgf:AppromimatelyAmount contextRef="c64" decimals="-4" unitRef="usd"> 3410000 </rahgf:AppromimatelyAmount>
<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="c65" decimals="2" unitRef="pure"> 0.22 </us-gaap:EquityMethodInvestmentOwnershipPercentage>
<rahgf:AppromimatelyAmount contextRef="c66" decimals="-6" unitRef="cny"> 2000000 </rahgf:AppromimatelyAmount>
<rahgf:AppromimatelyAmount contextRef="c66" decimals="-4" unitRef="usd"> 310000 </rahgf:AppromimatelyAmount>
<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="c67" decimals="2" unitRef="pure"> 0.02 </us-gaap:EquityMethodInvestmentOwnershipPercentage>
<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="c68" decimals="2" unitRef="pure"> 0.08 </us-gaap:EquityMethodInvestmentOwnershipPercentage>
<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="c69" decimals="2" unitRef="pure"> 0.10 </us-gaap:EquityMethodInvestmentOwnershipPercentage>
<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="c70" decimals="2" unitRef="pure"> 0.35 </us-gaap:EquityMethodInvestmentOwnershipPercentage>
<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="c71" decimals="2" unitRef="pure"> 0.14 </us-gaap:EquityMethodInvestmentOwnershipPercentage>
<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="c72" decimals="2" unitRef="pure"> 0.40 </us-gaap:EquityMethodInvestmentOwnershipPercentage>
<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="c73" decimals="2" unitRef="pure"> 0.30 </us-gaap:EquityMethodInvestmentOwnershipPercentage>
<us-gaap:LimitedLiabilityCompanyOrLimitedPartnershipDescriptionOfLimitationOfMembersLiability contextRef="c74"> On September 30, 2021, the Company sold 100% of the equity interest it held in China Roan Industrial-Financial Holdings Group Co., Ltd. (“Roan HK”), a holding company that has no business operations, to Yuanjia Asset Management Co., Ltd., a BVI company (“Yuanjia”), for a total of approximately $282 (HK$2,200). The net assets of Roan HK were negative $492,495 as of September 30, 2021, resulting in a gain on deconsolidation of $492,777 and other comprehensive loss of $2,494. Roan HK’s subsidiary, Jing Kai was disposed at the same time.  </us-gaap:LimitedLiabilityCompanyOrLimitedPartnershipDescriptionOfLimitationOfMembersLiability>
<us-gaap:ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDescriptionTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 23%; border-bottom: black 1.5pt solid; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Name</b></span></td> <td style="white-space: nowrap; width: 1%; text-align: justify"> </td> <td style="white-space: nowrap; width: 52%; border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Background</b></span></td> <td style="white-space: nowrap; width: 1%; text-align: justify"> </td> <td style="white-space: nowrap; width: 23%; border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Ownership</b></span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adrie Global Holdings Limited (“Adrie”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A BVI company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on November 19, 2014</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●   A holding company</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% owned by Roan</span></td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">China Roan Industrial-Financial Holdings Group Co., Limited (“Roan HK”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●   A Hong Kong company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on February 11, 2015</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Formerly known as China Feng Hui Financial Holding Group Co., Limited</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21pt; text-align: justify; text-indent: -21pt">●    Disposed in September 30, 2021.</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% owned by Adrie</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fortis Industrial Group Limited <br/> (“FIG”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A Hong Kong company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on December 30, 2019</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21pt; text-align: justify; text-indent: -21pt">●    Formerly known as “Fortis Health Industrial Group Limited”</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% owned by Adrie</span></td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Xinjiang Feng Hui Jing Kai Direct Lending Limited <br/> (“Jing Kai”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC company and deemed a wholly foreign owned enterprise</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on May 14, 2015</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $18 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21pt; text-align: justify; text-indent: -21pt">●    Disposed in September 30, 2021 with Roan HK.</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% owned by Roan HK</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yifu Health Industry (Ningbo) Co., Ltd. <br/> (“Yi Fu”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on December 19, 2016</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $30 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Planning for financial lease services</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: -0.25in">●    Formerly known as Ningbo Ding Tai Financial Leasing Co., Limited. </p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% owned by FIG</span></td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zeshi (Hangzhou) Health Management Co., Ltd. (“Zeshi Health”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on March 3, 2020</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of RMB 5 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in providing services in health management, health big data management and blockchain technology-based health information management.</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% indirectly owned by FIG</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ningbo Zeshi Insurance Technology Co. <br/> (“Zeshi Insurance”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on February 28, 2020</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of RMB 5 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in insurance technology services and related services.</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% indirectly owned by FIG</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td> </td> <td> </td> <td style="padding-left: 20pt; text-align: justify; text-indent: -20pt"> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hangzhou Zeshi Investment Partnership (Limited Partnership) <br/> (“Hangzhou Zeshi”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC limited liability partnership</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on December 21, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Acquired on November 29, 2019</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $7,750,878 (RMB 51 million)</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in business factoring program, financing products design, related corporate financing solutions, investments and asset management</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% indirectly owned by FIG </span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zhongtan Future Industrial Operation (Hangzhou) Co., Ltd. (“Zhongtan Industrial Operation”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">●     A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●     Incorporated on June 23, 2022</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●     Registered capital of $1 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●     Planning for industrial operation services</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% directly owned by FIG</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td> </td> <td> </td> <td style="padding-left: 21pt; text-align: justify; text-indent: -21pt"> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yijia Travel (Hangzhou) Digital Technology Co. Ltd.<br/> (“Yijia”) </span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21pt; text-align: justify; text-indent: -21pt">●    A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on August 2, 2021</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of RMB 5 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Established to engage in business travel services</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    In July, 2022, the Company announced Yiija was dissolving prior to material operations commencing</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">35% directly owned by FIG</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">FINE C+ Digital Technology (Hangzhou) Limited <br/> (“FINE C+ Digital”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on November 8, 2021</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of RMB 5 million</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Established to engaged in lifestyle consumer services including cross-platform clearing and settlement services for consumer reward rights and interests</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    In July, 2022, the Company announced Fine C+ Digital was dissolving prior to material operations commencing</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">45% indirectly owned by FIG</span></td></tr> <tr style="vertical-align: top; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lixin Financial Holdings Group Limited<br/> (“Lixin Cayman”) </span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A Cayman company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on October 25, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p></td> <td> </td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">65.0177% owned by Roan</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 23%; border-bottom: black 1.5pt solid; text-align: justify"><span style="font-size: 10pt"><b>Name</b></span></td> <td style="white-space: nowrap; width: 1%; text-align: justify"> </td> <td style="white-space: nowrap; width: 52%; border-bottom: black 1.5pt solid; text-align: center"><span style="font-size: 10pt"><b>Background</b></span></td> <td style="white-space: nowrap; width: 1%; text-align: justify"> </td> <td style="white-space: nowrap; width: 23%; border-bottom: black 1.5pt solid; text-align: center"><span style="font-size: 10pt"><b>Ownership</b></span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-size: 10pt">Lixin Financial Holdings (BVI) Limited <br/> (“Lixin BVI”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A BVI company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on November 29, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p></td> <td> </td> <td><span style="font-size: 10pt">100% owned by Lixin Cayman</span></td></tr> <tr style="vertical-align: top; "> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Lixin Financial Holdings Group Limited</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(“Lixin HK”)</p></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A Hong Kong company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on January 15, 2018</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A holding company</p></td> <td> </td> <td><span style="font-size: 10pt">100% owned by Lixin BVI</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-size: 10pt">Zhejiang Lixin Enterprise Management Group Co., Ltd. (“Zhejiang Lixin”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC limited liability company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on July 3, 2015</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $16,162,259 (RMB 101 million) with registered capital fully paid-up</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in financial guarantee services and related assessment and management services</p></td> <td> </td> <td><span style="font-size: 10pt">99% owned by Lixin HK and 1% owned by FIG</span></td></tr> <tr style="vertical-align: top; "> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Zhejiang Jing Yu Xin Financing Guarantee Co., Ltd</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(“Zhejiang Jingyuxin”)</p></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC limited liability company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on January 5, 2013</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $48,517,261 (RMB 303 million) with registered capital fully paid-up</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in financial guarantee services and related assessment and management services</p></td> <td> </td> <td><span style="font-size: 10pt">93.4% owned by Zhejiang Lixin</span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td><span style="font-size: 10pt">Lixin (Hangzhou) Asset Management Co., Ltd. (“LAM”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC limited liability company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on March 21, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $4,358,565 (RMB 30 million) with $2,905,710 registered capital paid-up</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Engaged in provision of consulting and assessment services to customers and facilitates financial guarantee services between customers and guarantors</p></td> <td> </td> <td><span style="font-size: 10pt">100% owned by Zhejiang Jingyuxin</span></td></tr> <tr style="vertical-align: top; "> <td><span style="font-size: 10pt">Lixin Supply Chain Management (Tianjin) Co., Ltd. (“Lixin Supply Chain”)</span></td> <td> </td> <td> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    A PRC limited liability company</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Incorporated on December 19, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Registered capital of $1,513,226 (RMB 10 million)</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-align: justify; text-indent: -20pt">●    Planning for provision of supply chain management service</p></td> <td> </td> <td><span style="font-size: 10pt">100% owned by LAM</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
</us-gaap:ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDescriptionTextBlock>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c76"> Adrie Global Holdings Limited (“Adrie”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c76"> ●    A BVI company ●    Incorporated on November 19, 2014 ●   A holding company </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c76"> 100% owned by Roan </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c77"> China Roan Industrial-Financial Holdings Group Co., Limited (“Roan HK”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c77"> ●   A Hong Kong company ●    Incorporated on February 11, 2015 ●    A holding company ●    Formerly known as China Feng Hui Financial Holding Group Co., Limited ●    Disposed in September 30, 2021. </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c77"> 100% owned by Adrie </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c78"> Fortis Industrial Group Limited (“FIG”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c78"> ●    A Hong Kong company ●    Incorporated on December 30, 2019 ●    A holding company ●    Formerly known as “Fortis Health Industrial Group Limited” </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c78"> 100% owned by Adrie </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c79"> Xinjiang Feng Hui Jing Kai Direct Lending Limited (“Jing Kai”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c79"> ●    A PRC company and deemed a wholly foreign owned enterprise ●    Incorporated on May 14, 2015 ●    Registered capital of $18 million ●    A holding company ●    Disposed in September 30, 2021 with Roan HK. </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c79"> 100% owned by Roan HK </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c80"> Yifu Health Industry (Ningbo) Co., Ltd. (“Yi Fu”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c80"> ●    A PRC company ●    Incorporated on December 19, 2016 ●    Registered capital of $30 million ●    Planning for financial lease services ●    Formerly known as Ningbo Ding Tai Financial Leasing Co., Limited. </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c80"> 100% owned by FIG </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c81"> Zeshi (Hangzhou) Health Management Co., Ltd. (“Zeshi Health”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c81"> ●    A PRC company ●    Incorporated on March 3, 2020 ●    Registered capital of RMB 5 million ●    Engaged in providing services in health management, health big data management and blockchain technology-based health information management. </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c81"> 100% indirectly owned by FIG </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c82"> Ningbo Zeshi Insurance Technology Co. (“Zeshi Insurance”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c82"> ●    A PRC company ●    Incorporated on February 28, 2020 ●    Registered capital of RMB 5 million ●    Engaged in insurance technology services and related services. </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c82"> 100% indirectly owned by FIG </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c83"> Hangzhou Zeshi Investment Partnership (Limited Partnership) (“Hangzhou Zeshi”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c83"> ●    A PRC limited liability partnership ●    Incorporated on December 21, 2017 ●    Acquired on November 29, 2019 ●    Registered capital of $7,750,878 (RMB 51 million) ●    Engaged in business factoring program, financing products design, related corporate financing solutions, investments and asset management </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c83"> 100% indirectly owned by FIG </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c84"> Zhongtan Future Industrial Operation (Hangzhou) Co., Ltd. (“Zhongtan Industrial Operation”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c84"> ●     A PRC company ●     Incorporated on June 23, 2022 ●     Registered capital of $1 million ●     Planning for industrial operation services </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c84"> 100% directly owned by FIG </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c85"> Yijia Travel (Hangzhou) Digital Technology Co. Ltd. (“Yijia”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c85"> ●    A PRC company ●    Incorporated on August 2, 2021 ●    Registered capital of RMB 5 million ●    Established to engage in business travel services ●    In July, 2022, the Company announced Yiija was dissolving prior to material operations commencing </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c85"> 35% directly owned by FIG </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c86"> FINE C+ Digital Technology (Hangzhou) Limited (“FINE C+ Digital”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c86"> ●    A PRC company ●    Incorporated on November 8, 2021 ●    Registered capital of RMB 5 million ●    Established to engaged in lifestyle consumer services including cross-platform clearing and settlement services for consumer reward rights and interests ●    In July, 2022, the Company announced Fine C+ Digital was dissolving prior to material operations commencing </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c86"> 45% indirectly owned by FIG </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c87"> Lixin Financial Holdings Group Limited (“Lixin Cayman”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c87"> ●    A Cayman company ●    Incorporated on October 25, 2017 ●    A holding company </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c87"> 65.0177% owned by Roan </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c88"> Lixin Financial Holdings (BVI) Limited (“Lixin BVI”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c88"> ●    A BVI company ●    Incorporated on November 29, 2017 ●    A holding company </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c88"> 100% owned by Lixin Cayman </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c89"> Lixin Financial Holdings Group Limited (“Lixin HK”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c89"> ●    A Hong Kong company ●    Incorporated on January 15, 2018 ●    A holding company </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c89"> 100% owned by Lixin BVI </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c90"> Zhejiang Lixin Enterprise Management Group Co., Ltd. (“Zhejiang Lixin”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c90"> ●    A PRC limited liability company ●    Incorporated on July 3, 2015 ●    Registered capital of $16,162,259 (RMB 101 million) with registered capital fully paid-up ●    Engaged in financial guarantee services and related assessment and management services </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c90"> 99% owned by Lixin HK and 1% owned by FIG </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c91"> Zhejiang Jing Yu Xin Financing Guarantee Co., Ltd (“Zhejiang Jingyuxin”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c91"> ●    A PRC limited liability company ●    Incorporated on January 5, 2013 ●    Registered capital of $48,517,261 (RMB 303 million) with registered capital fully paid-up ●    Engaged in financial guarantee services and related assessment and management services </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c91"> 93.4% owned by Zhejiang Lixin </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c92"> Lixin (Hangzhou) Asset Management Co., Ltd. (“LAM”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c92"> ●    A PRC limited liability company ●    Incorporated on March 21, 2017 ●    Registered capital of $4,358,565 (RMB 30 million) with $2,905,710 registered capital paid-up ●    Engaged in provision of consulting and assessment services to customers and facilitates financial guarantee services between customers and guarantors </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c92"> 100% owned by Zhejiang Jingyuxin </rahgf:OwnershipPercentageDescription>
<us-gaap:BusinessAcquisitionNameOfAcquiredEntity contextRef="c93"> Lixin Supply Chain Management (Tianjin) Co., Ltd. (“Lixin Supply Chain”) </us-gaap:BusinessAcquisitionNameOfAcquiredEntity>
<us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity contextRef="c93"> ●    A PRC limited liability company ●    Incorporated on December 19, 2017 ●    Registered capital of $1,513,226 (RMB 10 million) ●    Planning for provision of supply chain management service </us-gaap:BusinessAcquisitionDescriptionOfAcquiredEntity>
<rahgf:OwnershipPercentageDescription contextRef="c93"> 100% owned by LAM </rahgf:OwnershipPercentageDescription>
<us-gaap:SaleOfStockPercentageOfOwnershipAfterTransaction contextRef="c75" decimals="2" unitRef="pure"> 1 </us-gaap:SaleOfStockPercentageOfOwnershipAfterTransaction>
<rahgf:LiquidityTextBlock contextRef="c0">
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in; text-align: justify"><span style="font-size: 10pt"><b>2. LIQUIDITY</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the six months ended June 30, 2022, the net income from continuing operations was $563,372, as compared to net loss of $460,397 for the same period of last fiscal year. The Company had an accumulated deficit of $14,824,176 as at June 30, 2022, which required management’s consideration of the Company’s liquidity and its ability to continue as a going concern.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In assessing the Company’s liquidity, the Company monitors and analyzes its cash and its ability to generate sufficient cash flow in the future to support its operating and capital expenditure commitments. The Company’s liquidity needs are to meet its working capital requirements and operating expenses obligations.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2022, the Company had cash balance of $1,035,674 and a positive working capital of $50,361,534. In addition to the cash balance, the working capital was mainly comprised of restricted cash of $26,339,708, accounts receivable of $7,122,604, loan receivable due from third parties of $26,375,018 and other receivables of $745,964. The balances of these assets are expected to be repaid on maturity dates and will also be used for working capital.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition, the management estimated the operating expenses obligation for the next twelve months after issuance of the condensed consolidated financial statements to be $3,491,054, which will be covered by the cash flows of $5,536,891 generated   from financial guarantee services, financial services, interest income and industrial operation service. The Company’s principal shareholder also pledged to provide continuous financial support to the Company whenever necessary.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company plans to fund its operations through revenue generated from its revenues of financial guarantee services and financial consulting services, private placements from investors, and financial support commitments from the Company’s shareholders.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Based on above operating plan, the management believes that the Company will continue as a going concern in the following 12 months. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"> </span></p><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Company’s ability to fund these needs will depend on its future performance, which will be subject in part to general economic, competitive and other factors beyond its control. The frequent COVID-19 outbreak in China has caused severe disruptions in transportation, limited access to the facilities and limited support from workforce employed in operations, and as a result, the Company may experience the delays in provision of financial guarantee services and consulting services to customers. Although China has taken strict measures to control the COVID-19 outbreak, temporally lockdown to certain areas in China happened frequently during the six months ended June 30, 2022 and fiscal year 2021. It is estimated that the economy of China will still be impacted to a certain extent. The extent to which the coronavirus impacts the results for fiscal year 2022 will depend on certain future developments, including the duration and spread of the outbreak, emerging information concerning the severity of the coronavirus and the actions taken by governments and private businesses to attempt to contain the coronavirus variants, all of which is uncertain at this point.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-size: 7pt"> </span></p><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Changes in U.S. or foreign international, social, political, regulatory, and economic conditions or in laws and policies governing foreign trade, manufacturing, development, and investment in the territories or countries where the Company currently conducts its business have in the past and could in the future adversely affect its business. Although the Company does not currently operate in Russia or the Ukraine, the Company is unable to predict the ultimate impact their conflict will have on the Company due to the indirect effects the conflict has had and may continue to have on the global economy and in particular in China where the Company operates or on the global stock markets. </p>
</rahgf:LiquidityTextBlock>
<us-gaap:IncomeLossFromContinuingOperations contextRef="c0" decimals="0" unitRef="usd"> 563372 </us-gaap:IncomeLossFromContinuingOperations>
<us-gaap:IncomeLossFromContinuingOperations contextRef="c3" decimals="0" unitRef="usd"> 460397 </us-gaap:IncomeLossFromContinuingOperations>
<us-gaap:AccumulatedAmortizationDeferredFinanceCosts contextRef="c1" decimals="0" unitRef="usd"> 14824176 </us-gaap:AccumulatedAmortizationDeferredFinanceCosts>
<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="c1" decimals="0" unitRef="usd"> 1035674 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:CapitalUnits contextRef="c1" decimals="0" unitRef="usd"> 50361534 </us-gaap:CapitalUnits>
<us-gaap:RestrictedCash contextRef="c1" decimals="0" unitRef="usd"> 26339708 </us-gaap:RestrictedCash>
<us-gaap:AccountsReceivableNetCurrent contextRef="c1" decimals="0" unitRef="usd"> 7122604 </us-gaap:AccountsReceivableNetCurrent>
<rahgf:LoanReceivableDueFromThirdParties contextRef="c1" decimals="0" unitRef="usd"> 26375018 </rahgf:LoanReceivableDueFromThirdParties>
<rahgf:OtherCurrentAsset contextRef="c1" decimals="0" unitRef="usd"> 745964 </rahgf:OtherCurrentAsset>
<us-gaap:OperatingCostsAndExpenses contextRef="c0" decimals="0" unitRef="usd"> 3491054 </us-gaap:OperatingCostsAndExpenses>
<us-gaap:UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses contextRef="c0" decimals="0" unitRef="usd"> 5536891 </us-gaap:UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses>
<us-gaap:SignificantAccountingPoliciesTextBlock contextRef="c0">
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"><b> </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Basis of Presentation</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The unaudited interim condensed consolidated financial statements of the Company are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying interim consolidated financial statements include our accounts and those of our wholly owned subsidiaries. Accordingly, all intercompany balances and transactions have been eliminated through the consolidation process<span>. </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"><b><i> </i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In the opinion of management, these unaudited interim condensed consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments, which are necessary to present fairly, in all material respects, the Company’s consolidated financial position, results of operations, cash flows and changes in equity for the interim periods presented. These unaudited interim financial statements do not include certain information and footnote disclosures as required by the U.S. GAAP for complete annual financial statements. Therefore, these unaudited interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in the Company’s Form 20-F for the years ended December 31, 2021 and 2020.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"><b><i> </i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"><b><i> </i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of condensed 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, disclosures of contingent assets and liabilities on the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. On an ongoing basis, management reviews these estimates and assumptions using the currently available information. Changes in facts and circumstances may cause the Company to revise its estimates. The Company bases its estimates on past experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Estimates are used when accounting for items and matters including, but not limited to, determination of fair value of acquiree, determinations of the useful lives and valuation of long-lived assets, estimates of allowances for loan receivables relating to direct loan business, estimates of allowances for other doubtful accounts, valuation of deferred tax assets, assumptions impacting the valuation of ordinary shares, share option, restricted shares and warrant liabilities, and other provisions and contingencies.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Recently issued accounting pronouncements</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has reviewed all the recent accounting pronouncements issued to date of the issuance of these financial statements, and does not believe any of these pronouncements will have a material impact on the Company.</p>
</us-gaap:SignificantAccountingPoliciesTextBlock>
<us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock contextRef="c0">
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Basis of Presentation</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The unaudited interim condensed consolidated financial statements of the Company are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying interim consolidated financial statements include our accounts and those of our wholly owned subsidiaries. Accordingly, all intercompany balances and transactions have been eliminated through the consolidation process<span>. </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"><b><i> </i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In the opinion of management, these unaudited interim condensed consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments, which are necessary to present fairly, in all material respects, the Company’s consolidated financial position, results of operations, cash flows and changes in equity for the interim periods presented. These unaudited interim financial statements do not include certain information and footnote disclosures as required by the U.S. GAAP for complete annual financial statements. Therefore, these unaudited interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in the Company’s Form 20-F for the years ended December 31, 2021 and 2020.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"><b><i> </i></b></span></p>
</us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock>
<us-gaap:UseOfEstimates contextRef="c0">
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"><b><i> </i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of condensed 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, disclosures of contingent assets and liabilities on the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. On an ongoing basis, management reviews these estimates and assumptions using the currently available information. Changes in facts and circumstances may cause the Company to revise its estimates. The Company bases its estimates on past experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Estimates are used when accounting for items and matters including, but not limited to, determination of fair value of acquiree, determinations of the useful lives and valuation of long-lived assets, estimates of allowances for loan receivables relating to direct loan business, estimates of allowances for other doubtful accounts, valuation of deferred tax assets, assumptions impacting the valuation of ordinary shares, share option, restricted shares and warrant liabilities, and other provisions and contingencies.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"> </span></p>
</us-gaap:UseOfEstimates>
<us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock contextRef="c0">
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Recently issued accounting pronouncements</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 7pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has reviewed all the recent accounting pronouncements issued to date of the issuance of these financial statements, and does not believe any of these pronouncements will have a material impact on the Company.</p>
</us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock>
<rahgf:RestrictedCashTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>4. RESTRICTED CASH </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Restricted cash represents cash pledged with banks, other financial institutions, and other guaranteed creditors as guarantor deposits for the Company’s guarantee service customers. The banks, other financial institutions, or other guaranteed creditors providing loans to the Company’s guarantee service customers generally require the Company, as the guarantor of the loans, to pledge a cash deposit usually in the range of 10% to 20% of the guaranteed amount, and the other financial institutions requires a cash deposit of 50% of the guaranteed amount. The deposits are released after the guaranteed loans are paid off and the Company’s guarantee obligation expires which is usually within 12 months.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-size: 7pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">At the same time, the Company requires the guarantee service customers to make a deposit to the Company of the same amount as the deposit the Company pledged to the banks, other financial institutions, and other guaranteed creditors for their loans if the customer does not pledge or collateralize other assets with the Company. The Company records the deposit received as restricted cash on the consolidated balance sheet. The deposit is returned to the customer after the customer repays the loan and the Company’s guarantee obligation expires.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s restricted cash is comprised of:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,<br/> 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31,<br/> 2021</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">Restricted cash in banks and other financial institutions</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">17,680,536</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">20,592,223</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 1.5pt; text-align: justify">Restricted cash in other guaranteed creditors</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">8,659,172</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">9,101,466</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt">  </td><td style="padding-bottom: 4pt; font-weight: bold"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"> 26,339,708</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 4pt; font-weight: bold"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: hidden-fact-94; font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> 29,693, 689</b></span></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table>
</rahgf:RestrictedCashTextBlock>
<us-gaap:PercentageOfInterestBearingDomesticDepositsToDepositsCertificatesOfDeposit contextRef="c94" decimals="2" unitRef="pure"> 0.10 </us-gaap:PercentageOfInterestBearingDomesticDepositsToDepositsCertificatesOfDeposit>
<us-gaap:PercentageOfInterestBearingDomesticDepositsToDepositsCertificatesOfDeposit contextRef="c95" decimals="2" unitRef="pure"> 0.20 </us-gaap:PercentageOfInterestBearingDomesticDepositsToDepositsCertificatesOfDeposit>
<us-gaap:PercentageOfInterestBearingDomesticDepositsToDepositsCertificatesOfDeposit contextRef="c1" decimals="2" unitRef="pure"> 0.50 </us-gaap:PercentageOfInterestBearingDomesticDepositsToDepositsCertificatesOfDeposit>
<rahgf:RestrictedCashExpirationPeriodDescription contextRef="c0"> 12 months </rahgf:RestrictedCashExpirationPeriodDescription>
<us-gaap:ScheduleOfRestrictedCashAndCashEquivalentsTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,<br/> 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31,<br/> 2021</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">Restricted cash in banks and other financial institutions</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">17,680,536</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">20,592,223</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 1.5pt; text-align: justify">Restricted cash in other guaranteed creditors</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">8,659,172</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">9,101,466</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt">  </td><td style="padding-bottom: 4pt; font-weight: bold"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"> 26,339,708</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 4pt; font-weight: bold"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: hidden-fact-94; font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> 29,693, 689</b></span></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table>
</us-gaap:ScheduleOfRestrictedCashAndCashEquivalentsTextBlock>
<rahgf:RestrictedCashInBanksAndOtherFinancialInstitutions contextRef="c1" decimals="0" unitRef="usd"> 17680536 </rahgf:RestrictedCashInBanksAndOtherFinancialInstitutions>
<rahgf:RestrictedCashInBanksAndOtherFinancialInstitutions contextRef="c2" decimals="0" unitRef="usd"> 20592223 </rahgf:RestrictedCashInBanksAndOtherFinancialInstitutions>
<rahgf:RestrictedCashInOtherGuaranteedCreditors contextRef="c1" decimals="0" unitRef="usd"> 8659172 </rahgf:RestrictedCashInOtherGuaranteedCreditors>
<rahgf:RestrictedCashInOtherGuaranteedCreditors contextRef="c2" decimals="0" unitRef="usd"> 9101466 </rahgf:RestrictedCashInOtherGuaranteedCreditors>
<rahgf:TotalCashCashEquivalentsAndRestrictedCash contextRef="c1" decimals="0" unitRef="usd"> 26339708 </rahgf:TotalCashCashEquivalentsAndRestrictedCash>
<us-gaap:AccountsAndNontradeReceivableTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>5. ACCOUNTS RECEIVABLE, NET</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The accounts receivable consisted of the following:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30,<br/> 2022</b></span></td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31,<br/> 2021</b></span></td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounts receivable</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,827,068</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,704,859</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: allowance for credit losses</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">704,464</span></td> <td style="padding-bottom: 1.5pt"> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">775,330</span></td> <td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>7,122,604</b></span></td> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="-sec-ix-hidden: hidden-fact-95; font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration:underline">6,929, 529</span></b></span></td> <td> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Movement of allowance for credit losses was as follows:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30,<br/> 2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31,<br/> 2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%; padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Balance, opening</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>775,330</b></span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>740,370</b></span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Provisions (Recovery)</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(35,370</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17,318</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Foreign exchange (gain) loss</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(35,496</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17,642</span></td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Balance, ending</span></td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>704,464</b></span></td> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>775,330</b></span></td> <td> </td></tr> </table>
</us-gaap:AccountsAndNontradeReceivableTextBlock>
<us-gaap:ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30,<br/> 2022</b></span></td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31,<br/> 2021</b></span></td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounts receivable</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,827,068</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,704,859</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: allowance for credit losses</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">704,464</span></td> <td style="padding-bottom: 1.5pt"> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">775,330</span></td> <td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>7,122,604</b></span></td> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="-sec-ix-hidden: hidden-fact-95; font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration:underline">6,929, 529</span></b></span></td> <td> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
</us-gaap:ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock>
<us-gaap:AccountsReceivableGross contextRef="c1" decimals="0" unitRef="usd"> 7827068 </us-gaap:AccountsReceivableGross>
<us-gaap:AccountsReceivableGross contextRef="c2" decimals="0" unitRef="usd"> 7704859 </us-gaap:AccountsReceivableGross>
<us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent contextRef="c1" decimals="0" unitRef="usd"> 704464 </us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent>
<us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent contextRef="c2" decimals="0" unitRef="usd"> 775330 </us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent>
<us-gaap:AccountsReceivableNet contextRef="c1" decimals="0" unitRef="usd"> 7122604 </us-gaap:AccountsReceivableNet>
<rahgf:ScheduleOfAllowanceForDoubtfulAccountsTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30,<br/> 2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31,<br/> 2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%; padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Balance, opening</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>775,330</b></span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>740,370</b></span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Provisions (Recovery)</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(35,370</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17,318</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Foreign exchange (gain) loss</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(35,496</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17,642</span></td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Balance, ending</span></td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>704,464</b></span></td> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>775,330</b></span></td> <td> </td></tr> </table>
</rahgf:ScheduleOfAllowanceForDoubtfulAccountsTableTextBlock>
<rahgf:AllowanceForDoubtfulReceivablesBalanceAtBeginning contextRef="c1" decimals="0" unitRef="usd"> 775330 </rahgf:AllowanceForDoubtfulReceivablesBalanceAtBeginning>
<rahgf:AllowanceForDoubtfulReceivablesBalanceAtBeginning contextRef="c2" decimals="0" unitRef="usd"> 740370 </rahgf:AllowanceForDoubtfulReceivablesBalanceAtBeginning>
<rahgf:AllowanceForProvisions contextRef="c1" decimals="0" unitRef="usd"> -35370 </rahgf:AllowanceForProvisions>
<rahgf:AllowanceForProvisions contextRef="c2" decimals="0" unitRef="usd"> 17318 </rahgf:AllowanceForProvisions>
<rahgf:AllowanceForForeignExchangegainLoss contextRef="c1" decimals="0" unitRef="usd"> -35496 </rahgf:AllowanceForForeignExchangegainLoss>
<rahgf:AllowanceForForeignExchangegainLoss contextRef="c2" decimals="0" unitRef="usd"> 17642 </rahgf:AllowanceForForeignExchangegainLoss>
<rahgf:AllowanceForDoubtfulReceivablesBalanceAtEnding contextRef="c1" decimals="0" unitRef="usd"> 704464 </rahgf:AllowanceForDoubtfulReceivablesBalanceAtEnding>
<rahgf:AllowanceForDoubtfulReceivablesBalanceAtEnding contextRef="c2" decimals="0" unitRef="usd"> 775330 </rahgf:AllowanceForDoubtfulReceivablesBalanceAtEnding>
<us-gaap:LoansNotesTradeAndOtherReceivablesDisclosureTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>6. OTHER RECEIVABLES</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Other receivables consisted of the following:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30,<br/> 2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31,<br/> 2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="width: 76%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other receivables</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> $</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">770,356</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> $</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">678,983</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: allowance for credit losses</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">24,392</span></td> <td style="padding-bottom: 1.5pt"> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">22,148</span></td> <td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; "> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>745,964</b></span></td> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>656,835</b></span></td> <td> </td></tr> </table>
</us-gaap:LoansNotesTradeAndOtherReceivablesDisclosureTextBlock>
<rahgf:ScheduleOfOtherReceivablesTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30,<br/> 2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31,<br/> 2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="width: 76%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other receivables</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> $</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">770,356</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> $</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">678,983</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: allowance for credit losses</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">24,392</span></td> <td style="padding-bottom: 1.5pt"> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">22,148</span></td> <td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; "> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>745,964</b></span></td> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>656,835</b></span></td> <td> </td></tr> </table>
</rahgf:ScheduleOfOtherReceivablesTableTextBlock>
<us-gaap:OtherReceivablesGrossCurrent contextRef="c1" decimals="0" unitRef="usd"> 770356 </us-gaap:OtherReceivablesGrossCurrent>
<us-gaap:OtherReceivablesGrossCurrent contextRef="c2" decimals="0" unitRef="usd"> 678983 </us-gaap:OtherReceivablesGrossCurrent>
<us-gaap:AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables contextRef="c1" decimals="0" unitRef="usd"> 24392 </us-gaap:AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables>
<us-gaap:AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables contextRef="c2" decimals="0" unitRef="usd"> 22148 </us-gaap:AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables>
<us-gaap:OtherReceivablesNetCurrent contextRef="c1" decimals="0" unitRef="usd"> 745964 </us-gaap:OtherReceivablesNetCurrent>
<us-gaap:OtherReceivablesNetCurrent contextRef="c2" decimals="0" unitRef="usd"> 656835 </us-gaap:OtherReceivablesNetCurrent>
<rahgf:LoanDueFromThirdPartiesTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>7. LOANS DUE FROM THIRD PARTIES</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,<br/> 2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31,<br/> 2021</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">Loans due from third parties</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">26,467,655</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">23,790,917</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 1.5pt">Less: allowance for credit losses</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">92,637</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">39,446</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">26,375,018</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">23,751,471</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">As of June 30, 2022, the balance of loans due from third parties was comprised of interest bearing loans of $9,268,285, $6,300,294, $5,695,645, $149,296 and $5,054,135 due from five parties. These interest bearing loans have an interest rate of ranging from 4.35% to 14%. The loans of $13,652,095 are pledged either with real estate assets or customer’s trade receivables.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">As of December 31, 2021, the balance of loans due from third parties was comprised of loans of $11,807,096, $6,622,101, $5,306,798 due from three parties, and a non-interest bearing loan of $0.54 million due from a third party. These three interest bearing loans have an interest rate of ranging from 7% to 14%. The loans of $6,622,101 and $5,306,798 are pledged either with real estate assets or customer’s trade receivables.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">For the six months ended June 30, 2021 and 2022, a net provision of $12,014, and $53,191 were charged against the consolidated statements of operations and comprehensive income (loss), respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Interest on loans receivable is accrued and credited to income as earned. The Company determines a loan’s past due status by the number of days that have elapsed since a borrower has failed to make a contractual loan payment. Accrual of interest is generally discontinued when either (i) reasonable doubt exists as to the full, timely collection of interest or principal or (ii) when a loan becomes past due by more than 90 days.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">As of June 30, 2022, loan of $7,527,209 aged between 180 ~ 365 days, and loan of $7,654,409 aged over one year. The Company has provided allowance for the past due loans.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Movement of allowance for credit losses was as follows:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,<br/> 2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31,<br/> 2021</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">Balance at beginning of the year</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">39,446</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">27,432</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 1.5pt">Provisions</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">53,191</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">12,014</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: justify; padding-bottom: 4pt">Balance at end of the period/year</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">92,637</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">39,446</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table>
</rahgf:LoanDueFromThirdPartiesTextBlock>
<rahgf:ScheduleOfLoansDueFromThirdPartiesTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,<br/> 2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31,<br/> 2021</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">Loans due from third parties</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">26,467,655</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">23,790,917</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 1.5pt">Less: allowance for credit losses</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">92,637</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">39,446</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">26,375,018</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">23,751,471</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
</rahgf:ScheduleOfLoansDueFromThirdPartiesTableTextBlock>
<rahgf:LoansDueFromThirdParties contextRef="c1" decimals="0" unitRef="usd"> 26467655 </rahgf:LoansDueFromThirdParties>
<rahgf:LoansDueFromThirdParties contextRef="c2" decimals="0" unitRef="usd"> 23790917 </rahgf:LoansDueFromThirdParties>
<rahgf:AllowanceForCreditLosses contextRef="c1" decimals="0" unitRef="usd"> -92637 </rahgf:AllowanceForCreditLosses>
<rahgf:AllowanceForCreditLosses contextRef="c2" decimals="0" unitRef="usd"> -39446 </rahgf:AllowanceForCreditLosses>
<rahgf:TotalLoanReceivableDueFromThirdPartiesTotal contextRef="c1" decimals="0" unitRef="usd"> 26375018 </rahgf:TotalLoanReceivableDueFromThirdPartiesTotal>
<rahgf:TotalLoanReceivableDueFromThirdPartiesTotal contextRef="c2" decimals="0" unitRef="usd"> 23751471 </rahgf:TotalLoanReceivableDueFromThirdPartiesTotal>
<us-gaap:DueFromRelatedParties contextRef="c96" decimals="-6" unitRef="usd"> 9268285000000 </us-gaap:DueFromRelatedParties>
<us-gaap:DueFromRelatedParties contextRef="c97" decimals="0" unitRef="usd"> 6300294 </us-gaap:DueFromRelatedParties>
<us-gaap:DueFromRelatedParties contextRef="c98" decimals="0" unitRef="usd"> 5695645 </us-gaap:DueFromRelatedParties>
<us-gaap:DueFromRelatedParties contextRef="c99" decimals="0" unitRef="usd"> 149296 </us-gaap:DueFromRelatedParties>
<us-gaap:DueFromRelatedParties contextRef="c100" decimals="0" unitRef="usd"> 5054135 </us-gaap:DueFromRelatedParties>
<us-gaap:InvestmentInterestRate contextRef="c94" decimals="4" unitRef="pure"> 0.0435 </us-gaap:InvestmentInterestRate>
<us-gaap:InvestmentInterestRate contextRef="c95" decimals="2" unitRef="pure"> 0.14 </us-gaap:InvestmentInterestRate>
<us-gaap:NontradeReceivables contextRef="c1" decimals="-6" unitRef="usd"> 13652095000000 </us-gaap:NontradeReceivables>
<us-gaap:DueFromRelatedParties contextRef="c101" decimals="-6" unitRef="usd"> 11807096000000 </us-gaap:DueFromRelatedParties>
<us-gaap:DueFromRelatedParties contextRef="c102" decimals="-6" unitRef="usd"> 6622101000000 </us-gaap:DueFromRelatedParties>
<us-gaap:DueFromRelatedParties contextRef="c103" decimals="-6" unitRef="usd"> 5306798000000 </us-gaap:DueFromRelatedParties>
<us-gaap:AccountsPayableInterestBearingNoncurrent contextRef="c2" decimals="-4" unitRef="usd"> 540000 </us-gaap:AccountsPayableInterestBearingNoncurrent>
<us-gaap:InvestmentInterestRate contextRef="c104" decimals="2" unitRef="pure"> 0.07 </us-gaap:InvestmentInterestRate>
<us-gaap:InvestmentInterestRate contextRef="c105" decimals="2" unitRef="pure"> 0.14 </us-gaap:InvestmentInterestRate>
<us-gaap:NontradeReceivables contextRef="c105" decimals="-6" unitRef="usd"> 6622101000000 </us-gaap:NontradeReceivables>
<us-gaap:NontradeReceivables contextRef="c104" decimals="-6" unitRef="usd"> 5306798000000 </us-gaap:NontradeReceivables>
<us-gaap:ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets contextRef="c0" decimals="-3" unitRef="usd"> 12014000 </us-gaap:ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets>
<us-gaap:ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets contextRef="c12" decimals="-3" unitRef="usd"> 53191000 </us-gaap:ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets>
<us-gaap:CompensatingBalanceDescription contextRef="c0"> As of June 30, 2022, loan of $7,527,209 aged between 180 ~ 365 days, and loan of $7,654,409 aged over one year. </us-gaap:CompensatingBalanceDescription>
<us-gaap:AccountsReceivableAllowanceForCreditLossTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,<br/> 2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31,<br/> 2021</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">Balance at beginning of the year</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">39,446</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">27,432</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 1.5pt">Provisions</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">53,191</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">12,014</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: justify; padding-bottom: 4pt">Balance at end of the period/year</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">92,637</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">39,446</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table>
</us-gaap:AccountsReceivableAllowanceForCreditLossTableTextBlock>
<us-gaap:AllowanceForDoubtfulOtherReceivablesCurrent contextRef="c2" decimals="0" unitRef="usd"> 39446 </us-gaap:AllowanceForDoubtfulOtherReceivablesCurrent>
<us-gaap:AllowanceForDoubtfulOtherReceivablesCurrent contextRef="c45" decimals="0" unitRef="usd"> 27432 </us-gaap:AllowanceForDoubtfulOtherReceivablesCurrent>
<rahgf:Provisions contextRef="c0" decimals="0" unitRef="usd"> 53191 </rahgf:Provisions>
<rahgf:Provisions contextRef="c3" decimals="0" unitRef="usd"> 12014 </rahgf:Provisions>
<us-gaap:AllowanceForDoubtfulOtherReceivablesCurrent contextRef="c1" decimals="0" unitRef="usd"> 92637 </us-gaap:AllowanceForDoubtfulOtherReceivablesCurrent>
<us-gaap:AllowanceForDoubtfulOtherReceivablesCurrent contextRef="c2" decimals="0" unitRef="usd"> 39446 </us-gaap:AllowanceForDoubtfulOtherReceivablesCurrent>
<us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>8. PROPERTY AND EQUIPMENT, NET</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Property and equipment, net consisted of the following:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30,<br/> 2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31,<br/> 2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%; padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Electronic equipment</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">131,868</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">137,523</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Vehicles</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">125,484</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">131,894</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Office equipment</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">23,399</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">24,594</span></td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leasehold improvements</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">50,805</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: Accumulated depreciation</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">216,605</span></td> <td style="padding-bottom: 1.5pt"> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">267,743</span></td> <td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-indent: -9pt"> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>64,146</b></span></td> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>77,073</b></span></td> <td> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Depreciation expenses were $12,927 and $8,926 for the six month ended June 30, 2022 and 2021, respectively.</p>
</us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock>
<us-gaap:PropertyPlantAndEquipmentTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30,<br/> 2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31,<br/> 2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%; padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Electronic equipment</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">131,868</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">137,523</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Vehicles</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">125,484</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">131,894</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Office equipment</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">23,399</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">24,594</span></td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leasehold improvements</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">50,805</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 9pt; text-align: justify; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: Accumulated depreciation</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">216,605</span></td> <td style="padding-bottom: 1.5pt"> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">267,743</span></td> <td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 9pt; text-indent: -9pt"> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>64,146</b></span></td> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>77,073</b></span></td> <td> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
</us-gaap:PropertyPlantAndEquipmentTextBlock>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="c106" decimals="0" unitRef="usd"> 131868 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="c107" decimals="0" unitRef="usd"> 137523 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="c108" decimals="0" unitRef="usd"> 125484 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="c109" decimals="0" unitRef="usd"> 131894 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="c110" decimals="0" unitRef="usd"> 23399 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="c111" decimals="0" unitRef="usd"> 24594 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="c112" decimals="0" unitRef="usd"> 50805 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment contextRef="c1" decimals="0" unitRef="usd"> 216605 </us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment>
<us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment contextRef="c2" decimals="0" unitRef="usd"> 267743 </us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment>
<us-gaap:PropertyPlantAndEquipmentOtherNet contextRef="c1" decimals="0" unitRef="usd"> 64146 </us-gaap:PropertyPlantAndEquipmentOtherNet>
<us-gaap:PropertyPlantAndEquipmentOtherNet contextRef="c2" decimals="0" unitRef="usd"> 77073 </us-gaap:PropertyPlantAndEquipmentOtherNet>
<us-gaap:Depreciation contextRef="c0" decimals="-3" unitRef="usd"> 12927000 </us-gaap:Depreciation>
<us-gaap:Depreciation contextRef="c12" decimals="-3" unitRef="usd"> 8926000 </us-gaap:Depreciation>
<us-gaap:IntangibleAssetsDisclosureTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>9. INTANGIBLE ASSETS, NET</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Intangible assets consisted of the following:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30,<br/> 2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31,<br/> 2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: right"> </td> <td> </td> <td> </td> <td colspan="2" style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Customer relationship</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">164,226</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">172,614</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">License</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,075,215</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,181,213</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-Compete Agreements</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,567,892</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,699,056</span></td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: Accumulated amortization</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,287,842</span></td> <td style="padding-bottom: 1.5pt"> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,929,489</span></td> <td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2,519,491</b></span></td> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>3,123,394</b></span></td> <td> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Amortization expenses totaled $467,400 and $468,045 for the six months ended June 30, 2022 and 2021, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table sets forth the Company’s amortization expenses for the six months ending June 30 of the following years:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 88%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">424,747</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2024</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">103,761</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2025</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">103,761</span></td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2026</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">103,761</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2027</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">103,761</span></td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Thereafter</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><p style="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif">207,522</p></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,047,313</span></td> <td> </td></tr> </table>
</us-gaap:IntangibleAssetsDisclosureTextBlock>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30,<br/> 2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31,<br/> 2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: right"> </td> <td> </td> <td> </td> <td colspan="2" style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Customer relationship</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">164,226</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">172,614</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">License</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,075,215</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,181,213</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-Compete Agreements</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,567,892</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,699,056</span></td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: Accumulated amortization</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,287,842</span></td> <td style="padding-bottom: 1.5pt"> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,929,489</span></td> <td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2,519,491</b></span></td> <td> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>3,123,394</b></span></td> <td> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
</us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="c113" decimals="0" unitRef="usd"> 164226 </us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="c114" decimals="0" unitRef="usd"> 172614 </us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="c115" decimals="0" unitRef="usd"> 2075215 </us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="c116" decimals="0" unitRef="usd"> 2181213 </us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="c117" decimals="0" unitRef="usd"> 2567892 </us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="c118" decimals="0" unitRef="usd"> 2699056 </us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization contextRef="c1" decimals="0" unitRef="usd"> 2287842 </us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization>
<us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization contextRef="c45" decimals="0" unitRef="usd"> 1929489 </us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization>
<us-gaap:IntangibleAssetsCurrent contextRef="c1" decimals="0" unitRef="usd"> 2519491 </us-gaap:IntangibleAssetsCurrent>
<us-gaap:IntangibleAssetsCurrent contextRef="c45" decimals="0" unitRef="usd"> 3123394 </us-gaap:IntangibleAssetsCurrent>
<us-gaap:AmortizationOfIntangibleAssets contextRef="c0" decimals="0" unitRef="usd"> 467400 </us-gaap:AmortizationOfIntangibleAssets>
<us-gaap:AmortizationOfIntangibleAssets contextRef="c12" decimals="0" unitRef="usd"> 468045 </us-gaap:AmortizationOfIntangibleAssets>
<us-gaap:ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 88%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">424,747</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2024</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">103,761</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2025</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">103,761</span></td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2026</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">103,761</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2027</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">103,761</span></td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Thereafter</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><p style="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif">207,522</p></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"> </td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,047,313</span></td> <td> </td></tr> </table>
</us-gaap:ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths contextRef="c1" decimals="0" unitRef="usd"> 424747 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo contextRef="c1" decimals="0" unitRef="usd"> 103761 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearThree contextRef="c1" decimals="0" unitRef="usd"> 103761 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearThree>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFour contextRef="c1" decimals="0" unitRef="usd"> 103761 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFour>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFive contextRef="c1" decimals="0" unitRef="usd"> 103761 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFive>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive contextRef="c1" decimals="0" unitRef="usd"> 207522 </us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive>
<us-gaap:FiniteLivedIntangibleAssetsNet contextRef="c1" decimals="0" unitRef="usd"> 1047313 </us-gaap:FiniteLivedIntangibleAssetsNet>
<us-gaap:AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>10. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Accrued expenses and other current liabilities consisted of the following:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">June 30,<br/> 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">December 31,<br/> 2021</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify; text-indent: -9pt; padding-left: 9pt">Accrued payroll</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">619,311</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">455,442</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; text-indent: -9pt; padding-left: 9pt">Dividends due to former shareholders of Zhejiang Jingyuxin (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">177,662</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">186,737</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt">Other current liabilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">691,534</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">513,724</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"> </td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">1,488,507</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">1,155,903</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="margin-top: 0; margin-bottom: 0"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"><span style="font-size: 10pt">(1)</span></td> <td><span style="font-size: 10pt">The balance represented the unpaid dividends due to former shareholders of Lixin, who sold equity interests in Lixin to the Company.</span></td></tr> </table>
</us-gaap:AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock>
<us-gaap:ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">June 30,<br/> 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">December 31,<br/> 2021</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify; text-indent: -9pt; padding-left: 9pt">Accrued payroll</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">619,311</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">455,442</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; text-indent: -9pt; padding-left: 9pt">Dividends due to former shareholders of Zhejiang Jingyuxin (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">177,662</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">186,737</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt">Other current liabilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">691,534</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">513,724</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"> </td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">1,488,507</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">1,155,903</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="margin-top: 0; margin-bottom: 0"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"><span style="font-size: 10pt">(1)</span></td> <td><span style="font-size: 10pt">The balance represented the unpaid dividends due to former shareholders of Lixin, who sold equity interests in Lixin to the Company.</span></td></tr> </table>
</us-gaap:ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock>
<us-gaap:AccruedPayrollTaxesCurrent contextRef="c1" decimals="0" unitRef="usd"> 619311 </us-gaap:AccruedPayrollTaxesCurrent>
<us-gaap:AccruedPayrollTaxesCurrent contextRef="c2" decimals="0" unitRef="usd"> 455442 </us-gaap:AccruedPayrollTaxesCurrent>
<us-gaap:DividendsPayableCurrent contextRef="c1" decimals="0" id="ix_2_fact" unitRef="usd"> 177662 </us-gaap:DividendsPayableCurrent>
<us-gaap:DividendsPayableCurrent contextRef="c2" decimals="0" id="ix_3_fact" unitRef="usd"> 186737 </us-gaap:DividendsPayableCurrent>
<us-gaap:OtherAccruedLiabilitiesCurrentAndNoncurrent contextRef="c1" decimals="0" unitRef="usd"> 691534 </us-gaap:OtherAccruedLiabilitiesCurrentAndNoncurrent>
<us-gaap:OtherAccruedLiabilitiesCurrentAndNoncurrent contextRef="c2" decimals="0" unitRef="usd"> 513724 </us-gaap:OtherAccruedLiabilitiesCurrentAndNoncurrent>
<us-gaap:AccruedLiabilitiesAndOtherLiabilities contextRef="c1" decimals="0" unitRef="usd"> 1488507 </us-gaap:AccruedLiabilitiesAndOtherLiabilities>
<us-gaap:AccruedLiabilitiesAndOtherLiabilities contextRef="c2" decimals="0" unitRef="usd"> 1155903 </us-gaap:AccruedLiabilitiesAndOtherLiabilities>
<us-gaap:IncomeTaxDisclosureTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>12. INCOME TAX AND TAX PAYABLES </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i> </i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i>Cayman Islands</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Under the current tax laws of the Cayman Islands, the Company is not subject to tax on income or capital gain. Additionally, upon payments of dividends to the shareholders, no Cayman Islands withholding tax will be imposed.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i>British Virgin Islands</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i> </i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Under the current tax laws of BVI, the Company’s subsidiary incorporated in the BVI is not subject to tax on income or capital gains.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i> </i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i>Hong Kong</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Roan HK and Lixin HK are incorporated in Hong Kong and are subject to Hong Kong Profits Tax on the taxable income as reported in its statutory financial statements adjusted in accordance with relevant Hong Kong tax laws. The applicable tax rate for the first HKD$2 million of assessable profits is 8.25% and assessable profits above HKD$2 million will continue to be subject to the rate of 16.5% for corporations in Hong Kong, effective from the year of assessment 2018 and 2019. Before that, the applicable tax rate was 16.5% for corporations in Hong Kong. The Company did not make any provisions for Hong Kong profit tax as there were no assessable profits derived from or earned in Hong Kong since inception. Under Hong Kong tax laws, Roan HK and Lixin HK are exempted from income tax on its foreign-derived income and there are no withholding taxed in Hong Kong on remittance of dividends. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i> </i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i>PRC</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">PRC subsidiaries are subject to PRC Enterprise Income Tax (“EIT”) on the taxable income in accordance with the relevant PRC income tax laws. The EIT rate for companies operating in the PRC is 25%.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Income tax expenses consisted of the following:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>For the Six Months Ended<br/> June 30,</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current income tax expenses</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(410,253</span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(206,158</span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deferred income benefit</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">63,872</span></td> <td> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">219,226</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Income tax (expenses) benefit</b></span></td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(346,381</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>)</b></span></td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>13,068</b></span></td> <td> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Below is a reconciliation of the statutory tax rate to the effective tax rate for the Company:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">For the Six Months Ended<br/> June 30,</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2021</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="text-align: center; font-weight: bold"> </td><td style="text-align: center; font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="text-align: center; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">PRC statutory income tax rate</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">25</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">25</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Effect of different income tax rate in other jurisdictions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">338</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Effect of non-deductible expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">112</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Effect of temporary differences</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(7</td><td style="text-align: left">)%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,855</td><td style="text-align: left">)%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Effect of valuation of deferred tax allowance</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">19</td><td style="padding-bottom: 1.5pt; text-align: left">%</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">1,377</td><td style="padding-bottom: 1.5pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 4pt">Effective tax rate</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">45</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left">%</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">(3</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left">)%</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Deferred tax assets (liabilities), net consisted of the following:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,<br/> 2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31,<br/> 2021</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="text-align: center; font-weight: bold"> </td><td style="text-align: center"> </td> <td colspan="2" style="text-align: center"> </td><td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; font-style: italic">Deferred tax assets</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">Allowance for doubtful loan receivables</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right"><div style="-sec-ix-hidden: hidden-fact-96">-</div></td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">38,870</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Allowance on doubtful accounts</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">169,862</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">190,576</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Lease liability</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">29,860</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16,375</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Net operating loss carrying forward</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">173,118</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">165,290</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Less: valuation allowance</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">173,118</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">165,290</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Total deferred tax assets</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">199,722</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">245,821</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; font-style: italic; text-align: justify">Deferred tax liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Right-of-use assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(25,967</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(9,328</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Recognition of intangible assets arising from business combination</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(629,873</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(780,849</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="font-weight: bold; font-style: italic; text-align: justify; padding-bottom: 4pt">Deferred tax liabilities, net</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(655,840</td><td style="padding-bottom: 4pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(793,848</td><td style="padding-bottom: 4pt; text-align: left">)</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2022 and December 31, 2021, the Company had net operating loss carryforwards of $692,969 and $562,798, respectively. The net operating loss can be carried forward up to 2025 for PRC entities and can be carried forward for Hong Kong entities indefinitely. The Company reviews deferred tax assets for a valuation allowance based upon whether it is more likely than not that the deferred tax asset will be fully realized. Therefore, valuation allowance was recognized against the deferred tax assets based upon management’s assessment as to their realization.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company evaluates its valuation allowance requirements at the end of each reporting period by reviewing all available evidence, both positive and negative, and considering whether, based on the weight of that evidence, a valuation allowance is needed. When circumstances cause a change in management’s judgement about the realizability of deferred tax assets, the impact of the change on the valuation allowance is generally reflected in income from operations. The future realization of the tax benefit of an existing deductible temporary difference ultimately depends on the existence of sufficient taxable income of the appropriate character within the carryforward period available under applicable tax law.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Uncertain tax positions</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company evaluates each uncertain tax position (including the potential application of interest and penalties) based on the technical merits, and measure the unrecognized benefits associated with the tax positions. As of June 30, 2022 and December 31, 2021, the Company did not have any significant unrecognized uncertain tax positions or any unrecognized liabilities, interest or penalties associated with unrecognized tax benefit. The Company does not believe that its uncertain tax benefits position will materially change over the next twelve months.</p>
</us-gaap:IncomeTaxDisclosureTextBlock>
<us-gaap:IncomeTaxExaminationDescription contextRef="c0"> The applicable tax rate for the first HKD$2 million of assessable profits is 8.25% and assessable profits above HKD$2 million will continue to be subject to the rate of 16.5% for corporations in Hong Kong, effective from the year of assessment 2018 and 2019. Before that, the applicable tax rate was 16.5% for corporations in Hong Kong. </us-gaap:IncomeTaxExaminationDescription>
<us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential contextRef="c119" decimals="2" unitRef="pure"> 0.25 </us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential>
<us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>For the Six Months Ended<br/> June 30,</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current income tax expenses</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(410,253</span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(206,158</span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deferred income benefit</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">63,872</span></td> <td> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">219,226</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Income tax (expenses) benefit</b></span></td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(346,381</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>)</b></span></td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>13,068</b></span></td> <td> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
</us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock>
<us-gaap:CurrentIncomeTaxExpenseBenefit contextRef="c0" decimals="0" unitRef="usd"> -410253 </us-gaap:CurrentIncomeTaxExpenseBenefit>
<us-gaap:CurrentIncomeTaxExpenseBenefit contextRef="c12" decimals="0" unitRef="usd"> -206158 </us-gaap:CurrentIncomeTaxExpenseBenefit>
<us-gaap:DeferredIncomeTaxesAndTaxCredits contextRef="c0" decimals="0" unitRef="usd"> 63872 </us-gaap:DeferredIncomeTaxesAndTaxCredits>
<us-gaap:DeferredIncomeTaxesAndTaxCredits contextRef="c12" decimals="0" unitRef="usd"> 219226 </us-gaap:DeferredIncomeTaxesAndTaxCredits>
<us-gaap:IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems contextRef="c0" decimals="0" unitRef="usd"> -346381 </us-gaap:IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems>
<us-gaap:IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems contextRef="c12" decimals="0" unitRef="usd"> 13068 </us-gaap:IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems>
<us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">For the Six Months Ended<br/> June 30,</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2021</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="text-align: center; font-weight: bold"> </td><td style="text-align: center; font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="text-align: center; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">PRC statutory income tax rate</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">25</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">25</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Effect of different income tax rate in other jurisdictions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">338</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Effect of non-deductible expenses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">112</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Effect of temporary differences</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(7</td><td style="text-align: left">)%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,855</td><td style="text-align: left">)%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Effect of valuation of deferred tax allowance</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">19</td><td style="padding-bottom: 1.5pt; text-align: left">%</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">1,377</td><td style="padding-bottom: 1.5pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 4pt">Effective tax rate</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">45</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left">%</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"> </td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">(3</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left">)%</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
</us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock>
<us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="c0" decimals="2" unitRef="pure"> 0.25 </us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
<us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential contextRef="c0" decimals="2" unitRef="pure"> 0.06 </us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential>
<us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpense contextRef="c0" decimals="2" unitRef="pure"> 0.02 </us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpense>
<us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther contextRef="c0" decimals="2" unitRef="pure"> -0.07 </us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther>
<rahgf:EffectOfValuationOfDeferredTaxAllowance contextRef="c0" decimals="2" unitRef="pure"> 0.19 </rahgf:EffectOfValuationOfDeferredTaxAllowance>
<us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="c0" decimals="2" unitRef="pure"> 0.45 </us-gaap:EffectiveIncomeTaxRateContinuingOperations>
<us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,<br/> 2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31,<br/> 2021</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="text-align: center; font-weight: bold"> </td><td style="text-align: center"> </td> <td colspan="2" style="text-align: center"> </td><td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; font-style: italic">Deferred tax assets</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">Allowance for doubtful loan receivables</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right"><div style="-sec-ix-hidden: hidden-fact-96">-</div></td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">38,870</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Allowance on doubtful accounts</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">169,862</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">190,576</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Lease liability</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">29,860</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16,375</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Net operating loss carrying forward</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">173,118</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">165,290</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Less: valuation allowance</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">173,118</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">165,290</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Total deferred tax assets</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">199,722</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">245,821</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; font-style: italic; text-align: justify">Deferred tax liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Right-of-use assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(25,967</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(9,328</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Recognition of intangible assets arising from business combination</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(629,873</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(780,849</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="font-weight: bold; font-style: italic; text-align: justify; padding-bottom: 4pt">Deferred tax liabilities, net</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(655,840</td><td style="padding-bottom: 4pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(793,848</td><td style="padding-bottom: 4pt; text-align: left">)</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
</us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock>
<us-gaap:AccountsNotesAndLoansReceivableNetCurrent contextRef="c45" decimals="0" unitRef="usd"> 38870 </us-gaap:AccountsNotesAndLoansReceivableNetCurrent>
<us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts contextRef="c1" decimals="0" unitRef="usd"> 169862 </us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts>
<us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts contextRef="c45" decimals="0" unitRef="usd"> 190576 </us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts>
<us-gaap:DeferredTaxAssetsOther contextRef="c1" decimals="0" unitRef="usd"> 29860 </us-gaap:DeferredTaxAssetsOther>
<us-gaap:DeferredTaxAssetsOther contextRef="c45" decimals="0" unitRef="usd"> 16375 </us-gaap:DeferredTaxAssetsOther>
<us-gaap:DeferredTaxAssetsOperatingLossCarryforwards contextRef="c1" decimals="0" unitRef="usd"> 173118 </us-gaap:DeferredTaxAssetsOperatingLossCarryforwards>
<us-gaap:DeferredTaxAssetsOperatingLossCarryforwards contextRef="c45" decimals="0" unitRef="usd"> 165290 </us-gaap:DeferredTaxAssetsOperatingLossCarryforwards>
<us-gaap:DeferredTaxAssetsNet contextRef="c1" decimals="0" unitRef="usd"> 173118 </us-gaap:DeferredTaxAssetsNet>
<us-gaap:DeferredTaxAssetsNet contextRef="c45" decimals="0" unitRef="usd"> 165290 </us-gaap:DeferredTaxAssetsNet>
<rahgf:TotalDeferredTaxAssets contextRef="c1" decimals="0" unitRef="usd"> 199722 </rahgf:TotalDeferredTaxAssets>
<rahgf:TotalDeferredTaxAssets contextRef="c45" decimals="0" unitRef="usd"> 245821 </rahgf:TotalDeferredTaxAssets>
<us-gaap:DeferredTaxLiabilitiesOther contextRef="c1" decimals="0" unitRef="usd"> -25967 </us-gaap:DeferredTaxLiabilitiesOther>
<us-gaap:DeferredTaxLiabilitiesOther contextRef="c45" decimals="0" unitRef="usd"> -9328 </us-gaap:DeferredTaxLiabilitiesOther>
<us-gaap:DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets contextRef="c1" decimals="0" unitRef="usd"> 629873 </us-gaap:DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets>
<us-gaap:DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets contextRef="c45" decimals="0" unitRef="usd"> 780849 </us-gaap:DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets>
<us-gaap:DeferredTaxLiabilities contextRef="c1" decimals="0" unitRef="usd"> 655840 </us-gaap:DeferredTaxLiabilities>
<us-gaap:DeferredTaxLiabilities contextRef="c45" decimals="0" unitRef="usd"> 793848 </us-gaap:DeferredTaxLiabilities>
<us-gaap:OperatingLossCarryforwards contextRef="c1" decimals="0" unitRef="usd"> 692969 </us-gaap:OperatingLossCarryforwards>
<us-gaap:OperatingLossCarryforwards contextRef="c2" decimals="0" unitRef="usd"> 562798 </us-gaap:OperatingLossCarryforwards>
<us-gaap:EarningsPerShareTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>13. EARNINGS (LOSS) PER SHARE</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table sets forth the computation of basic and diluted loss per common share for the six months ended June 30, 2022 and 2021, respectively:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>For the Six Months Ended<br/> June 30,</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Net Income (Loss) Attributable to Roan Holding Group Co., Ltd.’s shareholders</b></span></td> <td style="width: 1%"> </td> <td style="width: 1%; border-bottom: black 1.5pt solid"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>322,005</b></span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%; border-bottom: black 1.5pt solid"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(527,427</b></span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>)</b></span></td></tr> <tr style="vertical-align: bottom; "> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Weighted average number of ordinary share outstanding</b></span></td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Basic and Diluted*</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">25,287,887</span></td> <td> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">25,287,887</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Earnings per share</b></span></td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify; text-indent: 9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income (loss) per share - Basic and Diluted</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.01</span></td> <td> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(0.02</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Basic income (loss) per share to the ordinary shareholders are computed by dividing the net income (loss) attributable to the ordinary shareholders by the weighted average number of common shares outstanding during the year. Diluted loss per share is the same as basic loss per share due to the lack of dilutive items in the Company for the six months ended June 30, 2022 and 2021. The number of warrants, Class A preferred shares and Class B preferred shares are excluded from the computation as the anti-dilutive effect.</p>
</us-gaap:EarningsPerShareTextBlock>
<us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>For the Six Months Ended<br/> June 30,</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2022</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2021</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(Unaudited)</b></span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 76%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Net Income (Loss) Attributable to Roan Holding Group Co., Ltd.’s shareholders</b></span></td> <td style="width: 1%"> </td> <td style="width: 1%; border-bottom: black 1.5pt solid"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>322,005</b></span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%; border-bottom: black 1.5pt solid"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(527,427</b></span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>)</b></span></td></tr> <tr style="vertical-align: bottom; "> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Weighted average number of ordinary share outstanding</b></span></td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Basic and Diluted*</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">25,287,887</span></td> <td> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">25,287,887</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Earnings per share</b></span></td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify; text-indent: 9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income (loss) per share - Basic and Diluted</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.01</span></td> <td> </td> <td> </td> <td style="border-bottom: black 1.5pt solid"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(0.02</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
</us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock>
<us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity contextRef="c120" decimals="0" unitRef="usd"> 322005 </us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity>
<us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity contextRef="c121" decimals="0" unitRef="usd"> -527427 </us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity>
<us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="c120" decimals="0" unitRef="shares"> 25287887 </us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
<us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="c121" decimals="0" unitRef="shares"> 25287887 </us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
<us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare contextRef="c120" decimals="2" unitRef="usdPershares"> 0.01 </us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare>
<us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare contextRef="c121" decimals="2" unitRef="usdPershares"> -0.02 </us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare>
<us-gaap:RelatedPartyTransactionsDisclosureTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>14. RELATED PARTY TRANSACTIONS AND BALANCES</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"><span style="font-size: 10pt"><i>1)</i></span></td> <td style="text-align: justify"><span style="font-size: 10pt"><i>Transactions with related parties</i></span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">During the six months ended June 30, 2022, the Company received service fees of $655,227 from Zhongtan Future, and $291,212 from ZhongXin. The Company holds 10% shares of Zhongtan Future and holds 22% shares of ZhongXin. Mr. Zhiyong Tang returned $4,616 to the Company to reconcile his advanced payment.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The Company’s subsidiary, Zhejiang Jingyuxin entered into a two-year leasing agreement with Mr. Jialin Zhu, who is a director of Lixin Cayman, to rent an office space at 13 Floor, CCBC Buildings, 666 Shimin Avenue, Shangyu District, Shaoxing city and paid rental expenses of $32,845 for the rental of six months.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">There was no related party transaction during the six months ended June 30, 2021. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"><span style="font-size: 10pt"><i>2)</i></span></td> <td style="text-align: justify"><span style="font-size: 10pt"><i>Balances with related parties</i></span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">As of June 30, 2022, the balance of due from related parties of $1,325 was for the advance to Mr. Zhiyong Tang.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">As of June 30, 2022, the balance of due to related parties of $123,785 is due to the shareholder, Yuan Shen, who advanced funds from time to time to support the Company’s holding companies’ operations. The balance is interest free and due on demand.  The Company’s accounts receivables include the balance due form Zhongtan Future and ZhongXin of $223,944 and $149,296, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">As of December 31, 2021, the balance of due from related parties of $5,941 was for the advance to Mr. Zhiyong Tang.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">As of December 31, 2021, the balance of due to related parties of $123,117 consisted of an advanced fund of $119,210 provided by Ms. Yuan Shen, and a payable of $3,907 to Furuikang. </p>
</us-gaap:RelatedPartyTransactionsDisclosureTextBlock>
<us-gaap:RevenueFromRelatedParties contextRef="c122" decimals="0" unitRef="usd"> 655227 </us-gaap:RevenueFromRelatedParties>
<us-gaap:RevenueFromRelatedParties contextRef="c123" decimals="0" unitRef="usd"> 291212 </us-gaap:RevenueFromRelatedParties>
<us-gaap:RelatedPartyTransactionRate contextRef="c122" decimals="2" unitRef="pure"> 0.10 </us-gaap:RelatedPartyTransactionRate>
<us-gaap:RelatedPartyTransactionRate contextRef="c123" decimals="2" unitRef="pure"> 0.22 </us-gaap:RelatedPartyTransactionRate>
<us-gaap:RelatedPartyTransactionAmountsOfTransaction contextRef="c0" decimals="0" unitRef="usd"> 4616 </us-gaap:RelatedPartyTransactionAmountsOfTransaction>
<us-gaap:RentalProperties contextRef="c1" decimals="0" unitRef="cny"> 32845 </us-gaap:RentalProperties>
<us-gaap:DueFromRelatedParties contextRef="c1" decimals="0" unitRef="usd"> 1325 </us-gaap:DueFromRelatedParties>
<us-gaap:RelatedPartyTransactionDueFromToRelatedPartyCurrent contextRef="c1" decimals="0" unitRef="usd"> 123785 </us-gaap:RelatedPartyTransactionDueFromToRelatedPartyCurrent>
<us-gaap:AccountsReceivableRelatedParties contextRef="c124" decimals="0" unitRef="usd"> 223944 </us-gaap:AccountsReceivableRelatedParties>
<us-gaap:AccountsReceivableRelatedParties contextRef="c125" decimals="0" unitRef="usd"> 149296 </us-gaap:AccountsReceivableRelatedParties>
<us-gaap:RelatedPartyTransactionDueFromToRelatedParty contextRef="c2" decimals="0" unitRef="usd"> 5941 </us-gaap:RelatedPartyTransactionDueFromToRelatedParty>
<us-gaap:DueToRelatedPartiesCurrent contextRef="c126" decimals="0" unitRef="usd"> 123117 </us-gaap:DueToRelatedPartiesCurrent>
<us-gaap:DecommissioningFundInvestments contextRef="c127" decimals="0" unitRef="usd"> 119210 </us-gaap:DecommissioningFundInvestments>
<us-gaap:AccountsPayableRelatedPartiesCurrentAndNoncurrent contextRef="c127" decimals="0" unitRef="usd"> 3907 </us-gaap:AccountsPayableRelatedPartiesCurrentAndNoncurrent>
<us-gaap:PreferredStockTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>15. REDEEMABLE CONVERTIBLE PREFERRED SHARES</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Class A Preferred Share</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On July 6, 2016, the Company sold 715,000 Class A Preferred Shares at a price of $12.00 per Class A Share with an annual dividend of 8%. The Company received gross proceeds of $8.58 million from this private placement without issuance cost.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Class A Shares are mandatorily redeemable at a price $12.00 per Class A Share (subject to equitable adjustments for stock splits, stock dividends, recapitalizations and other similar adjustments), plus accrued dividends on the fifth anniversary of the original issue date of the Class A Shares (“Mandatory Conversion Date”). Each Class A Share is convertible into one ordinary share (subject to equitable adjustments for stock splits, stock dividends, recapitalizations and other similar adjustments) at the shareholder’s option after the closing of an initial acquisition by the Company, whether through a merger, share reconstruction or amalgamation, asset or share acquisition, exchangeable share transaction, contractual control arrangement or other similar type of transaction, with an acquiree at fair value (“Business Combination”). The Class A preferred shares are automatically convertible on the date on which the average closing price of the Company’s ordinary shares for three consecutive trading days, is equal to or exceeds $16.00, provided that such date is after the closing of the Business Combination.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In the event of a Reorganization Event occurring following the closing of the Business Combination (which includes certain business combinations involving the Company or the Company having confirmed that at least 80% of the Class A Shares originally issued have elected to been converted at the election of their holders), each Class A Share outstanding immediately prior to such Reorganization Event shall be redeemed by the Company by making a redemption payment equal to the greater of the following (as reasonably determined by the Company’s Board of Directors): (i) an amount in cash equal to the liquidation preference, plus an amount equal to accumulated and unpaid dividends as of (but excluding) the date of the Reorganization Event, per Class A Share that is so redeemed, or (ii) the kind of securities, cash and other property that the holder of the Class A Shares would have been entitled to receive if such holder had converted its Class A Shares into ordinary shares immediately prior to such Reorganization Event.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company did not recognize the beneficial conversion feature for the Class A Preferred shares since each Class A Share is convertible into one ordinary share (subject to equitable adjustments for stock splits, stock dividends, recapitalizations and other similar adjustments) at the holder’s option. In accordance with ASC 480, redemption provisions not solely within the control of the Company require the security to be classified outside of permanent equity. ASC 480-10-S99 notes that if a reporting entity issues preferred shares that are conditionally redeemable (e.g., at the holder’s option or upon the occurrence of an uncertain event not solely within the company’s control), the shares are not within the scope of ASC 480 because there is no unconditional obligation to redeem the shares by transferring assets at a specified or determinable date or upon an event certain to occur. If the uncertain event occurs, the condition is resolved, or the event becomes certain to occur, then the shares become mandatorily redeemable under FAS 150 and would require reclassification to a liability. The Class A Preferred Shares have been classified as mezzanine equity in the consolidated financial statement, presented below total liabilities but not included in the subtotal for total equity as of December 31, 2018. The Class A Preferred Share is not deemed to be an embedded derivative instrument to be bifurcated since it’s indexed to its own stock.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In December 2019, the Company’s board approved an amendment to the Memorandum and Articles of Association (“M&A”). Pursuant to the new M&A, each Class A Share is convertible into two ordinary shares (subject to equitable adjustments for stock splits, stock dividends, recapitalizations and other similar adjustments) at the shareholder’s option after the closing of the Business Combination. The Class A preferred shares are automatically convertible on the date on which the average closing price of the Company’s ordinary shares for three consecutive trading days, are equal to or exceeds $6.00, provided that such date is after the closing of the Business Combination.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The new M&A granted the Directors with the rights to convert any or all of the Class A Preferred Shares, in whole or in part, into ordinary shares prior to the Mandatory Conversion Day. In the event of a Reorganization Event occurring following the closing of the Business Combination, the directors also have the rights to convert any or all of the Class A Preferred Shares, in whole or in part, into ordinary shares prior to the Mandatory Conversion Day, or to repurchase or redeem any or all of the Class A Preferred Shares, in whole or in part (but in no event less than one Class A Preferred Share), for a cash amount equal to the value of the Class A Preferred Shares being repurchased or redeemed on an as-converted basis.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">With the amendment to the M&A, the redemption of Class A Preferred Shares are no longer solely within the control of the holders of these preferred shares. As the Class A Preferred Shares does not embody an unconditional obligation that requires the Company to redeem the preferred shares by transferring cash or assets, and it does not contain a specific date upon which assets must be transferred. The preferred shares are not considered mandatorily redeemable and are scoped out of ASC 480, Liabilities. In addition, the redemption is not solely controlled by the holders of the preferred shares, it is not required to be classified out of permanent equity. The Class A Preferred Shares were classified as an equity as of June 30, 2022 and December 31, 2021.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company did not recognize the beneficial conversion feature for the Class A Preferred shares since each Class A Share is convertible into two ordinary shares (subject to equitable adjustments for stock splits, stock dividends, recapitalizations and other similar adjustments) at either party’s discretion. The Class A Preferred Share is not deemed to be an embedded derivative instrument to be bifurcated since it’s indexed to its own stock.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2022 and December 31, 2021, a dividend of $340,379 and $686,400 was accrued for the Convertible Redeemable Class A Preferred Shares and the balance for the Class A Preferred Shares was $12,052,106 and $11,711,727, respectively. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Class B Preferred Share</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On December 20, 2019, the Company issued 291,795,150 shares of Class B Preferred Shares in exchange for 65.0177% equity interest in Lixin Cayman and its subsidiaries.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Class B Preferred Shares have the following characteristics with 1) No voting rights at a shareholder meeting or on any resolution of members; 2) No rights to receive any dividends declared on any shares of the Company; 3) Rights of liquidation preference, as follows: in the event of any liquidation, winding-up or dissolution of the Company, whether voluntary or involuntary, each Class B Holders shall be entitled to receive, in priority to the holders of any other class of Shares in the Company, an amount equal to their pro rata share of the Class B Liquidation Preference Amount, which is calculated at an aggregation of RMB 276 million and liquidation premium of 8% per annum of RMB 276 million.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Unless such date is extended by resolution adopted by the Company’s board of directors, the Class B Shares are mandatorily converted into Ordinary Shares of the Company on September 20, 2022, the thirty-three month anniversary of the original issue date of the Class B Shares, at a rate of 1 Ordinary Share per Class B Preferred Share so converted.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In the event of a Reorganization Event occurring prior to such mandatory conversion date, whether through a merger, share reconstruction or amalgamation, asset or share acquisition, exchangeable share transaction, contractual control arrangement or other similar type of transaction, with an acquiree at fair value (“Business Combination”), the directors also have the rights to convert any or all of the Class B Preferred Shares, in whole or in part, into ordinary shares, or to repurchase or redeem any or all of the Class B Preferred Shares, in whole or in part (but in no event less than one Class B Preferred Share), for a cash amount equal to the value of the Class B Preferred Shares being repurchased or redeemed on an as-converted basis.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As the Class B Preferred Shares does not embody an unconditional obligation that requires the Company to redeem the preferred shares by transferring cash or assets, and it does not contain a specific date upon which assets must be transferred. The preferred shares are not considered mandatorily redeemable and are scoped out of ASC 480, Liabilities. In addition, the redemption provisions in the case of a Reorganization are solely at the discretion of the Company. Therefore, the Class B Preferred Shares were classified as an equity as of June 30, 2022 and December 31, 2021.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company did not recognize the beneficial conversion feature for the Class B Preferred shares since each Class B Share is convertible into one ordinary share (subject to equitable adjustments for stock splits, stock dividends, recapitalizations and other similar adjustments) at either party’s discretion. The Class B Preferred Share is not deemed to be an embedded derivative instrument to be bifurcated since it’s indexed to its own stock.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On December 22, 2021, the Board of Directors of the Company unanimously passed a resolution to amend the Memorandum and Articles of Association to amend the definition of “Class B Conversion Date” of Class B preferred shares, on which the Class B preferred shares of the Company shall automatically convert into ordinary shares of the Company. Under the Amended M&A, the “Class B Conversion Date” has been extended from two years after the date on which the Class B Preferred Shares were issued to thirty months after such issuance date. On June 20, 2022, the Board of Directors of the Company unanimously passed a resolution to amend the Memorandum and Articles of Association to amend the definition of “Class B Conversion Date” of Class B preferred shares, on which the Class B preferred shares of the Company shall automatically convert into ordinary shares of the Company. Under the Amended M&A, the “Class B Conversion Date” has been extended from thirty months after the date on which the Class B Preferred Shares were issued to thirty-three months after such issuance date. As of the date of this report, there was no share redeemed or converted.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2022 and December 31, 2021, the balance for Class B Preferred Shares was $31,087,732 and $31,087,732, respectively.</p>
</us-gaap:PreferredStockTextBlock>
<us-gaap:PreferredStockSharesIssued contextRef="c128" decimals="0" unitRef="shares"> 715000 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockParOrStatedValuePerShare contextRef="c128" decimals="2" unitRef="usdPershares"> 12 </us-gaap:PreferredStockParOrStatedValuePerShare>
<us-gaap:PreferredStockDividendRatePercentage contextRef="c129" decimals="2" unitRef="pure"> 0.08 </us-gaap:PreferredStockDividendRatePercentage>
<us-gaap:ProceedsFromIssuanceOfPrivatePlacement contextRef="c129" decimals="-4" unitRef="usd"> 8580000 </us-gaap:ProceedsFromIssuanceOfPrivatePlacement>
<rahgf:FairValueAssumptionsExercisedPrice contextRef="c130" decimals="2" unitRef="usdPershares"> 12 </rahgf:FairValueAssumptionsExercisedPrice>
<rahgf:OrdinarySharesPricePerShare contextRef="c131" decimals="2" unitRef="usdPershares"> 16 </rahgf:OrdinarySharesPricePerShare>
<rahgf:SharesIssuedForConversionPercentage contextRef="c130" decimals="2" unitRef="pure"> 0.80 </rahgf:SharesIssuedForConversionPercentage>
<rahgf:OrdinarySharesPricePerShare contextRef="c132" decimals="2" unitRef="usdPershares"> 6 </rahgf:OrdinarySharesPricePerShare>
<us-gaap:DividendsPreferredStock contextRef="c130" decimals="0" unitRef="usd"> 340379 </us-gaap:DividendsPreferredStock>
<us-gaap:DividendsPreferredStock contextRef="c133" decimals="0" unitRef="usd"> 686400 </us-gaap:DividendsPreferredStock>
<us-gaap:PreferredStockValue contextRef="c131" decimals="0" unitRef="usd"> 12052106 </us-gaap:PreferredStockValue>
<us-gaap:PreferredStockValue contextRef="c134" decimals="0" unitRef="usd"> 11711727 </us-gaap:PreferredStockValue>
<us-gaap:PreferredStockSharesIssued contextRef="c135" decimals="0" unitRef="shares"> 291795150 </us-gaap:PreferredStockSharesIssued>
<rahgf:EquityInterest contextRef="c135" decimals="6" unitRef="pure"> 0.650177 </rahgf:EquityInterest>
<us-gaap:PreferredStockLiquidationPreferenceValue contextRef="c1" decimals="-6" unitRef="cny"> 276000000 </us-gaap:PreferredStockLiquidationPreferenceValue>
<rahgf:LiquidationPremiumPercentage contextRef="c1" decimals="2" unitRef="pure"> 0.08 </rahgf:LiquidationPremiumPercentage>
<rahgf:LiquidationPremiumValue contextRef="c1" decimals="-6" unitRef="cny"> 276000000 </rahgf:LiquidationPremiumValue>
<rahgf:PreferredStockValueOne contextRef="c136" decimals="0" unitRef="usd"> 31087732 </rahgf:PreferredStockValueOne>
<rahgf:PreferredStockValueOne contextRef="c137" decimals="0" unitRef="usd"> 31087732 </rahgf:PreferredStockValueOne>
<us-gaap:StockholdersEquityNoteDisclosureTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>16. EQUITY</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Ordinary share</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is authorized to issue unlimited ordinary shares. Holders of the Company’s ordinary shares are entitled to one vote for each share.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On July 6, 2018, the Company and certain institutional investors entered into a securities purchase agreement (“Private Placement”), pursuant to which the Company agreed to sell to such investors an aggregate of 769,232 ordinary shares together with Series A warrants to purchase a total of 576,924 ordinary shares (the “Series A Warrants”), for gross proceeds of approximately $2.0 million. Each investor received a Series A Warrant to purchase a number of shares equal to 75% of the number of ordinary shares the investor purchases in the offering with a warrant term of four (4) years. The purchase price for each ordinary share and the related Series A Warrants is $2.60. The Series A Warrants have an exercise price of $2.60. In connection with the offering, the investors also received Series B warrants with an initial face amount of 200,000 ordinary shares, which are subject to adjustment not in excess of an aggregate of 462,843 ordinary shares (the “Series B Warrants”) for nominal consideration. If on the 30th day after the closing date of the transaction (the “Adjustment Date”), the closing bid price of the Company’s ordinary shares is less than $2.60, the investors shall have the right to exercise the Series B Warrants and the number of ordinary shares to be issued to the investors upon exercise of the Series B Warrants shall be adjusted (upward or downward, as necessary) based on the closing bid price of the Company’s ordinary shares on such date. The closing of the offering took place on July 10, 2018. On August 9, 2018, the closing bid price of the Company’s ordinary shares was $1.29, and thus the Series B Warrant was exercised for 390,579 ordinary shares.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">  </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2022 and December 31, 2021, there were 25,287,851 ordinary shares issued and outstanding.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Ordinary Shares Held in Escrow</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Upon completion of the business combination between the Company and Adrie, an aggregate of 20 million ordinary shares were issued and 8 million of the issued ordinary shares were deposited in escrow (the “Escrow Shares”). One-third of the Escrow Shares (along with the related accrued dividends and distributions) was released in 2017, and two-thirds of 8 million escrowed restricted shares were not released.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span style="text-decoration:underline">Preferred Shares</span></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is authorized to issue unlimited preferred shares, in one or more series, with such designations, voting and other rights and preferences as may be determined from time to time by the board of directors. As of June 30, 2022 and December 31, 2021 there were 715,000 Class A preferred shares issued and outstanding. As of June 30, 2022 and December 31, 2021, there were 291,795,150 Class B preferred shares issued and outstanding.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span style="text-decoration:underline">Warrants</span></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i> </i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A summary of warrants activity for the six months ended June 30, 2022 and 2021 is as follows: </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Number of shares</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Weighted average life</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Expiration dates</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Balance of warrants outstanding as of December 31, 2017</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">9,280,323</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 11%; text-align: right">4.98 years</td><td style="width: 1%"> </td> <td style="width: 11%; text-align: right">July 6, 2021</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Grants of Series A Warrants</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">576,924</td><td style="text-align: left"> </td><td> </td> <td style="text-align: right">2.98 years</td><td> </td> <td style="text-align: right">July 9, 2022</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Grants of Placement Agent Warrant</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">46,154</td><td style="text-align: left"> </td><td> </td> <td style="text-align: right">2.98 years</td><td> </td> <td style="text-align: right">July 9, 2022</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Grants of Series B Warrants</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">390,579</td><td style="text-align: left"> </td><td> </td> <td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-97">- years</div></td><td> </td> <td style="text-align: right">August 9, 2018</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt">Exercise of Series B Warrants</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(390,579</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="text-align: right; padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="text-align: right; padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt">Balance of warrants outstanding as of December 31, 2018</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">9,903,401</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt"> 2.58 years</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">  <span style="-sec-ix-hidden: hidden-fact-98">*</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt">Balance of warrants outstanding as of December 31, 2019</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">9,903,401</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt"> 1.58 years</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">  <span style="-sec-ix-hidden: hidden-fact-99">*</span></td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt">Balance of warrants outstanding as of June 30, 2020 (unaudited)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">9,903,401</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">1.02 years</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Balance of warrants outstanding as of December 31, 2020</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,903,401</td><td style="text-align: left"> </td><td> </td> <td style="text-align: right"> 0.58 years</td><td> </td> <td style="text-align: right">  <span style="-sec-ix-hidden: hidden-fact-100">*</span></td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt">Expire of Warrants issued in July 6, 2016</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">(9,280,323</td><td style="padding-bottom: 4pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt">Balance of warrants outstanding as of December 31, 2021</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">623,078</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">0.52 years</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">*</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt">Balance of warrants outstanding as of June 30, 2022 (unaudited)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">623,078</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">0.02 years</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">*</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"><span style="font-size: 10pt">*</span></td> <td style="text-align: justify"><span style="font-size: 10pt">As of June 30, 2022 and December 31, 2021, the Company’s 623,078 shares of warrants were comprised of 576,924 Series A Warrants and 46,154 Placement Agent Warrants which would expire on July 9, 2022, respectively.</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration:underline">Series A Warrants</span></i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In connection with the private placement closed on July 10, 2018, the Company issued Series A warrants to investors to purchase a total of 576,924 ordinary shares with a warrant term of four (4) years. The Series A Warrants have an exercise price of $2.60 per share. On January 9, 2019, the Board of the Company approved a downward adjustment of the exercise price from $2.60 to $1.18.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">  </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Series A Warrants have customary anti-dilution protections including a “full ratchet” anti-dilution adjustment provision which are triggered in the event the Company sells or grants any additional shares of common stock, options, warrants or other securities that are convertible into common stock at a price lower than $2.60 per share. The anti-dilution adjustment provision is not triggered by certain “exempt issuances” which among other issuances, includes the issuance of shares of common stock, options or other securities to officers, employees, directors, consultants or service providers.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Based on an evaluation as discussed in FASB ASC 815-15, “Embedded Derivatives” and FASB ASC 815-40-15, “Contracts in Entity’s Own Equity – Scope and Scope Exceptions,” the Company determined that the Series A Warrants were not considered indexed to its own stock because neither the occurrence of a sale of equity securities by the issuer at market nor the issuance of another equity contract with a lower strike price is an input to the fair value of a fixed-for-fixed option or forward on equity shares. As such, the Series A Warrants were classified as a liability. Liability classification requires the warrant to be re-measured to their fair value for each reporting period.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of July 10, 2018, December 31, 2021 and June 30, 2022, the Company estimated fair value of the Series A Warrants at $1,202,310, $12,500 and $<span style="-sec-ix-hidden: hidden-fact-102">nil</span>, respectively, using the Black-Scholes valuation model, which took into consideration the underlying price of ordinary shares, a risk-free interest rate, expected term and expected volatility. As a result, the valuation of the warrant was categorized as Level 3 in accordance with ASC 820, “Fair Value Measurement”. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On the July 10, 2018, December 31, 2021 and June 30, 2022, the Company estimated the fair value of Series A Warrants using the following assumptions:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>On <br/> July 10,<br/> 2018</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>On<br/> December 31,<br/> 2021</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>On<br/> June 30,<br/> 2022</b> </span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 64%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Terms of warrants</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">48 months</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12  months</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: hidden-fact-101">9</span> days</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exercise price</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.60</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.18</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.18</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Risk free rate of interest</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.77</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.16</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.04</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">% </span></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; text-indent: 0.1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dividend yield</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.00</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.00</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.00</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annualized volatility of underlying stock</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.03</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.19</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> 2.19</span></td> <td> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration:underline">Series B Warrants</span></i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In connection with the private placement closed on July 10, 2018, the investors also received Series B warrants with an initial face amount of 200,000 ordinary shares, which are subject to adjustment not in excess of an aggregate of 462,843 ordinary shares (the “Series B Warrants”) for nominal consideration. If on the 30th day after the closing date of the transaction (the “Adjustment Date”), the closing bid price of the Company’s ordinary shares is less than $2.60, the investors shall have the right to exercise the Series B Warrants and the number of ordinary shares to be issued to the investors upon exercise of the Series B Warrants shall be adjusted (upward or downward, as necessary) based on the closing bid price of the Company’s ordinary shares on such date.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Based on an evaluation as discussed in FASB ASC 815-40-15, “Contracts in Entity’s Own Equity – Scope and Scope Exceptions,” the Company determined that the Series B Warrants were not considered indexed to its own stock because the settlement amount does not equal the difference between the fair value of a fixed number of the Company’s shares and a fixed strike price. Liability classification requires the warrant to be re-measured to their fair value for each reporting period.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i> </i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration:underline">Placement Agent Warrants</span></i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 6, 2018, the Company entered into a letter agreement with FT Global Capital, Inc., as exclusive placement agent (the “Placement Agent”), pursuant to which the Placement Agent agreed to act as our placement agent on a best efforts basis in connection with the above offering. In addition to the cash payments, the Company also agreed to issue to the Placement Agent a warrant to purchase a number of ordinary shares equal to 6.0% of the aggregate number of ordinary shares sold in this offering. This warrant will have the same term as Series A Warrants, including exercise price, vesting period, anti-dilution terms and etc. As such, the same as the classification of the Series A Warrants, the Placement Agent Warrants were classified as a liability, which requires the warrant to be re-measured to their fair value for each reporting period.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of July 10, 2018, December 31, 2021 and June 30, 2022, the Company estimated fair value of the Placement Agent Warrants at $96,185, $1,259 and $<span style="-sec-ix-hidden: hidden-fact-103">nil</span>, respectively, using the Black-Scholes valuation model. The assumptions used to estimate the fair value of the warrants were the same as those used for Series A Warrants.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Allocation of Issuance Costs</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In connection with the Private Placement closed on July 10, 2018, the Company incurred direct and incremental issuance costs of $310,000. These costs were allocated to common stock, Series A Warrants and Series B Warrants in proportion to the allocation of proceeds. The issuance costs allocated to common stock were accounted for as a reduction of proceeds of the common stocks, while the issuance costs allocated to warrants were accounted for as non-operating expenses.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="text-decoration:underline">Statutory reserve</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s ability to pay dividends is primarily dependent on the Company receiving distributions of funds from its subsidiaries. Relevant PRC statutory laws and regulations permit payments of dividends by the Company’s PRC subsidiaries only out of its retained earnings, if any, as determined in accordance with PRC accounting standards and regulations and after it has met the PRC requirements for appropriation to statutory reserves. Paid in capital of the PRC subsidiaries included in the Company’s consolidated net assets are also non-distributable for dividend purposes. The results of operations reflected in the accompanying consolidated financial statements prepared in accordance with U.S. GAAP differ from those reflected in the statutory financial statements of PRC subsidiaries. The Company is required to set aside at least 10% of their after-tax profits each year, if any, to fund certain statutory reserve funds until such reserve funds reach 50% of its registered capital. In addition, the Company may allocate a portion of its after-tax profits based on PRC accounting standards to enterprise expansion fund and staff bonus and welfare fund at its discretion. The statutory reserve funds and the discretionary funds are not distributable as cash dividends.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2022 and December 31, 2021, the Company had a statutory reserve of $362,797 and $362,797, respectively.</p>
</us-gaap:StockholdersEquityNoteDisclosureTextBlock>
<us-gaap:SaleOfStockDescriptionOfTransaction contextRef="c138"> On July 6, 2018, the Company and certain institutional investors entered into a securities purchase agreement (“Private Placement”), pursuant to which the Company agreed to sell to such investors an aggregate of 769,232 ordinary shares together with Series A warrants to purchase a total of 576,924 ordinary shares (the “Series A Warrants”), for gross proceeds of approximately $2.0 million. Each investor received a Series A Warrant to purchase a number of shares equal to 75% of the number of ordinary shares the investor purchases in the offering with a warrant term of four (4) years. The purchase price for each ordinary share and the related Series A Warrants is $2.60. The Series A Warrants have an exercise price of $2.60. In connection with the offering, the investors also received Series B warrants with an initial face amount of 200,000 ordinary shares, which are subject to adjustment not in excess of an aggregate of 462,843 ordinary shares (the “Series B Warrants”) for nominal consideration. If on the 30th day after the closing date of the transaction (the “Adjustment Date”), the closing bid price of the Company’s ordinary shares is less than $2.60, the investors shall have the right to exercise the Series B Warrants and the number of ordinary shares to be issued to the investors upon exercise of the Series B Warrants shall be adjusted (upward or downward, as necessary) based on the closing bid price of the Company’s ordinary shares on such date. The closing of the offering took place on July 10, 2018. On August 9, 2018, the closing bid price of the Company’s ordinary shares was $1.29, and thus the Series B Warrant was exercised for 390,579 ordinary shares.   </us-gaap:SaleOfStockDescriptionOfTransaction>
<us-gaap:CommonStockSharesIssued contextRef="c29" decimals="0" unitRef="shares"> 25287851 </us-gaap:CommonStockSharesIssued>
<us-gaap:CommonStockSharesOutstanding contextRef="c13" decimals="0" unitRef="shares"> 25287851 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesIssued contextRef="c13" decimals="0" unitRef="shares"> 25287851 </us-gaap:CommonStockSharesIssued>
<us-gaap:CommonStockSharesOutstanding contextRef="c29" decimals="0" unitRef="shares"> 25287851 </us-gaap:CommonStockSharesOutstanding>
<rahgf:OrdinarySharesHeldInEscrowDescription contextRef="c0"> Upon completion of the business combination between the Company and Adrie, an aggregate of 20 million ordinary shares were issued and 8 million of the issued ordinary shares were deposited in escrow (the “Escrow Shares”). </rahgf:OrdinarySharesHeldInEscrowDescription>
<rahgf:EscrowedRestrictedShares contextRef="c1" decimals="-6" unitRef="shares"> 8000000 </rahgf:EscrowedRestrictedShares>
<us-gaap:PreferredStockSharesIssued contextRef="c131" decimals="0" unitRef="shares"> 715000 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesOutstanding contextRef="c131" decimals="0" unitRef="shares"> 715000 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:PreferredStockSharesOutstanding contextRef="c134" decimals="0" unitRef="shares"> 715000 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:PreferredStockSharesIssued contextRef="c136" decimals="0" unitRef="shares"> 291795150 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesIssued contextRef="c137" decimals="0" unitRef="shares"> 291795150 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesOutstanding contextRef="c136" decimals="0" unitRef="shares"> 291795150 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:PreferredStockSharesOutstanding contextRef="c137" decimals="0" unitRef="shares"> 291795150 </us-gaap:PreferredStockSharesOutstanding>
<rahgf:ScheduleOfWarrantsTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Number of shares</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Weighted average life</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Expiration dates</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Balance of warrants outstanding as of December 31, 2017</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">9,280,323</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 11%; text-align: right">4.98 years</td><td style="width: 1%"> </td> <td style="width: 11%; text-align: right">July 6, 2021</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Grants of Series A Warrants</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">576,924</td><td style="text-align: left"> </td><td> </td> <td style="text-align: right">2.98 years</td><td> </td> <td style="text-align: right">July 9, 2022</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Grants of Placement Agent Warrant</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">46,154</td><td style="text-align: left"> </td><td> </td> <td style="text-align: right">2.98 years</td><td> </td> <td style="text-align: right">July 9, 2022</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Grants of Series B Warrants</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">390,579</td><td style="text-align: left"> </td><td> </td> <td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-97">- years</div></td><td> </td> <td style="text-align: right">August 9, 2018</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt">Exercise of Series B Warrants</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(390,579</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="text-align: right; padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="text-align: right; padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt">Balance of warrants outstanding as of December 31, 2018</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">9,903,401</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt"> 2.58 years</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">  <span style="-sec-ix-hidden: hidden-fact-98">*</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt">Balance of warrants outstanding as of December 31, 2019</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">9,903,401</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt"> 1.58 years</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">  <span style="-sec-ix-hidden: hidden-fact-99">*</span></td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt">Balance of warrants outstanding as of June 30, 2020 (unaudited)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">9,903,401</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">1.02 years</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Balance of warrants outstanding as of December 31, 2020</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,903,401</td><td style="text-align: left"> </td><td> </td> <td style="text-align: right"> 0.58 years</td><td> </td> <td style="text-align: right">  <span style="-sec-ix-hidden: hidden-fact-100">*</span></td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt">Expire of Warrants issued in July 6, 2016</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">(9,280,323</td><td style="padding-bottom: 4pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt">Balance of warrants outstanding as of December 31, 2021</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">623,078</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">0.52 years</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">*</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt">Balance of warrants outstanding as of June 30, 2022 (unaudited)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">623,078</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">0.02 years</td><td style="padding-bottom: 4pt"> </td> <td style="text-align: right; padding-bottom: 4pt">*</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"><span style="font-size: 10pt">*</span></td> <td style="text-align: justify"><span style="font-size: 10pt">As of June 30, 2022 and December 31, 2021, the Company’s 623,078 shares of warrants were comprised of 576,924 Series A Warrants and 46,154 Placement Agent Warrants which would expire on July 9, 2022, respectively.</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
</rahgf:ScheduleOfWarrantsTableTextBlock>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c152" decimals="0" unitRef="shares"> 9280323 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="c153"> P4Y11M23D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1 contextRef="c153"> July 6, 2021 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c154" decimals="0" unitRef="shares"> 576924 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="c155"> P2Y11M23D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1 contextRef="c155"> July 9, 2022 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c156" decimals="0" unitRef="shares"> 46154 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="c157"> P2Y11M23D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1 contextRef="c157"> July 9, 2022 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c158" decimals="0" unitRef="shares"> 390579 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1 contextRef="c159"> August 9, 2018 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c160" decimals="0" unitRef="shares"> -390579 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c161" decimals="0" unitRef="shares"> 9903401 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="c162"> P2Y6M29D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c163" decimals="0" unitRef="shares"> 9903401 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="c164"> P1Y6M29D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c165" decimals="0" unitRef="shares"> 9903401 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="c166"> P1Y7D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c167" decimals="0" unitRef="shares"> 9903401 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="c168"> P0Y6M29D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c169" decimals="0" unitRef="shares"> -9280323 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c170" decimals="0" unitRef="shares"> 623078 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="c171" id="ix_4_fact"> P0Y6M7D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1 contextRef="c171" id="ix_5_fact"> * </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber contextRef="c172" decimals="0" unitRef="shares"> 623078 </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsNonvestedNumber>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="c173"> P0Y7D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1 contextRef="c173" id="ix_6_fact"> * </rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1>
<us-gaap:ClassOfWarrantOrRightOutstanding contextRef="c1" decimals="0" unitRef="shares"> 623078 </us-gaap:ClassOfWarrantOrRightOutstanding>
<us-gaap:ClassOfWarrantOrRightOutstanding contextRef="c2" decimals="0" unitRef="shares"> 623078 </us-gaap:ClassOfWarrantOrRightOutstanding>
<us-gaap:ClassOfWarrantOrRightOutstanding contextRef="c139" decimals="0" unitRef="shares"> 576924 </us-gaap:ClassOfWarrantOrRightOutstanding>
<us-gaap:ClassOfWarrantOrRightOutstanding contextRef="c140" decimals="0" unitRef="shares"> 576924 </us-gaap:ClassOfWarrantOrRightOutstanding>
<us-gaap:ClassOfWarrantOrRightOutstanding contextRef="c141" decimals="0" unitRef="shares"> 46154 </us-gaap:ClassOfWarrantOrRightOutstanding>
<us-gaap:ClassOfWarrantOrRightOutstanding contextRef="c142" decimals="0" unitRef="shares"> 46154 </us-gaap:ClassOfWarrantOrRightOutstanding>
<us-gaap:SaleOfStockDescriptionOfTransaction contextRef="c143"> In connection with the private placement closed on July 10, 2018, the Company issued Series A warrants to investors to purchase a total of 576,924 ordinary shares with a warrant term of four (4) years. The Series A Warrants have an exercise price of $2.60 per share. On January 9, 2019, the Board of the Company approved a downward adjustment of the exercise price from $2.60 to $1.18.   </us-gaap:SaleOfStockDescriptionOfTransaction>
<us-gaap:DebtInstrumentConvertibleConversionPrice1 contextRef="c144" decimals="2" unitRef="usdPershares"> 2.6 </us-gaap:DebtInstrumentConvertibleConversionPrice1>
<us-gaap:FairValueAdjustmentOfWarrants contextRef="c145" decimals="0" unitRef="usd"> 1202310 </us-gaap:FairValueAdjustmentOfWarrants>
<rahgf:FairValueAdjustmentOfWarrant contextRef="c146" decimals="0" unitRef="usd"> 12500 </rahgf:FairValueAdjustmentOfWarrant>
<us-gaap:ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>On <br/> July 10,<br/> 2018</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>On<br/> December 31,<br/> 2021</b></span></td> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>On<br/> June 30,<br/> 2022</b> </span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 64%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Terms of warrants</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">48 months</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12  months</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: hidden-fact-101">9</span> days</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exercise price</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.60</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.18</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.18</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Risk free rate of interest</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.77</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.16</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.04</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">% </span></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; text-indent: 0.1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dividend yield</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.00</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.00</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.00</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annualized volatility of underlying stock</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.03</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.19</span></td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> 2.19</span></td> <td> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
</us-gaap:ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1 contextRef="c174"> P48M </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1 contextRef="c175"> P12M </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice contextRef="c177" decimals="2" unitRef="usdPershares"> 2.6 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice contextRef="c178" decimals="2" unitRef="usdPershares"> 1.18 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice contextRef="c179" decimals="2" unitRef="usdPershares"> 1.18 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate contextRef="c174" decimals="4" unitRef="pure"> 0.0277 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate contextRef="c175" decimals="4" unitRef="pure"> 0.0016 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate contextRef="c176" decimals="4" unitRef="pure"> 0.0004 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate contextRef="c174" decimals="4" unitRef="pure"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate contextRef="c175" decimals="4" unitRef="pure"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate contextRef="c176" decimals="4" unitRef="pure"> 0 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate>
<rahgf:AnnualizedVolatilityOfUnderlyingStock contextRef="c177" decimals="2" unitRef="usdPershares"> 2.03 </rahgf:AnnualizedVolatilityOfUnderlyingStock>
<rahgf:AnnualizedVolatilityOfUnderlyingStock contextRef="c178" decimals="2" unitRef="usdPershares"> 2.19 </rahgf:AnnualizedVolatilityOfUnderlyingStock>
<rahgf:AnnualizedVolatilityOfUnderlyingStock contextRef="c179" decimals="2" unitRef="usdPershares"> 2.19 </rahgf:AnnualizedVolatilityOfUnderlyingStock>
<us-gaap:SaleOfStockDescriptionOfTransaction contextRef="c0"> In connection with the private placement closed on July 10, 2018, the investors also received Series B warrants with an initial face amount of 200,000 ordinary shares, which are subject to adjustment not in excess of an aggregate of 462,843 ordinary shares (the “Series B Warrants”) for nominal consideration. If on the 30th day after the closing date of the transaction (the “Adjustment Date”), the closing bid price of the Company’s ordinary shares is less than $2.60, the investors shall have the right to exercise the Series B Warrants and the number of ordinary shares to be issued to the investors upon exercise of the Series B Warrants shall be adjusted (upward or downward, as necessary) based on the closing bid price of the Company’s ordinary shares on such date.  </us-gaap:SaleOfStockDescriptionOfTransaction>
<us-gaap:SaleOfStockPercentageOfOwnershipAfterTransaction contextRef="c147" decimals="3" unitRef="pure"> 0.06 </us-gaap:SaleOfStockPercentageOfOwnershipAfterTransaction>
<us-gaap:FairValueAdjustmentOfWarrants contextRef="c148" decimals="0" unitRef="usd"> 96185 </us-gaap:FairValueAdjustmentOfWarrants>
<rahgf:FairValueAdjustmentOfWarrant contextRef="c149" decimals="0" unitRef="usd"> 1259 </rahgf:FairValueAdjustmentOfWarrant>
<us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts contextRef="c151" decimals="0" unitRef="usd"> 310000 </us-gaap:BusinessAcquisitionCostOfAcquiredEntityTransactionCosts>
<rahgf:StatutoryReserveDescription contextRef="c12"> The Company is required to set aside at least 10% of their after-tax profits each year, if any, to fund certain statutory reserve funds until such reserve funds reach 50% of its registered capital. </rahgf:StatutoryReserveDescription>
<rahgf:StatutoryReserve1 contextRef="c1" decimals="0" unitRef="usd"> 362797 </rahgf:StatutoryReserve1>
<rahgf:StatutoryReserve1 contextRef="c2" decimals="0" unitRef="usd"> 362797 </rahgf:StatutoryReserve1>
<us-gaap:SegmentReportingDisclosureTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>17. SEGMENT REPORTING</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">In accordance with ASC 280, Segment Reporting, operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”), or decision making group, in deciding how to allocate resources and in assessing performance. 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 services. For the six months ended June 30, 2021 and 2020, the Company has two operating business lines, including business conducted by Adrie and its subsidiaries, primarily management and assessment services, factoring business and industrial operation service, and business conducted by Lixin Cayman and its subsidiaries, primarily financial guarantee and consulting services. Based on management’s assessment, the Company has determined that the two operating business lines are two operating segments as defined by ASC 280.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table presents summary information by segment for the six months ended June 30, 2022 and 2021, respectively:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">For the Year Ended <br/> June 30, 2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Business <br/> conducted by Adrie<br/> and its <br/> subsidiaries</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Business <br/> conducted<br/> by Lixin Cayman<br/> and its subsidiaries</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Elimination</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Total</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left">Net revenues of services</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">928,468</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">329,397</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">(138,621</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">1,119,244</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Commission and fee income on guarantee services, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-104">-</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">436,561</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(55,012</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">381,549</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total interest and fee income</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">372,445</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">918,585</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,291,030</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt">Net (loss) income from operation</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">193,255</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">772,434</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">965,689</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt">Depreciation and amortization</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">467,400</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">62,660</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">530,060</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt">Capital expenditures</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right"><div style="-sec-ix-hidden: hidden-fact-105">-</div></td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right"><div style="-sec-ix-hidden: hidden-fact-106">-</div></td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt">Income tax recovery (expense)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(119,869</td><td style="padding-bottom: 2pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(226,512</td><td style="padding-bottom: 2pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(346,381</td><td style="padding-bottom: 2pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt">Segment (loss) profit from continuing operations</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(66,008</td><td style="padding-bottom: 2pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">629,380</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">563,372</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt">Segment assets as of June 30, 2022</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">10,913,204</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">54,524,207</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(771,743</td><td style="padding-bottom: 2pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">64,665,668</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="10" style="text-align: center; border-bottom: Black 1.5pt solid"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>For the Six Months Ended<br/> June 30, 2021</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(Unaudited)</b></p></td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Business<br/> conducted by<br/> Adrie and its<br/> subsidiaries</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Business conducted<br/> by Lixin Cayman <br/> and its subsidiaries</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Total</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: justify">Net revenues of services</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">681</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">330,107</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">330,788</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Commission and fee income on guarantee services, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">369</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">175,965</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">176,334</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Total interest and fee income</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">423,692</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">840,347</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,270,039</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 1.5pt">Net loss from operation</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(305,055</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(23,904</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(328,959</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt">Depreciation and amortization</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(135</td><td style="padding-bottom: 4pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(539,192</td><td style="padding-bottom: 4pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(539,327</td><td style="padding-bottom: 4pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 1.5pt">Income tax (expenses) benefits</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">66,112</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(53,044</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">13,068</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Segment loss</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(386,275</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(74,122</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(460,397</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt">Segment assets as of June 30, 2021</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">10,763,084</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">54,080,420</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">64,843,504</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table>
</us-gaap:SegmentReportingDisclosureTextBlock>
<us-gaap:NumberOfOperatingSegments contextRef="c12" decimals="0" unitRef="pure"> 2 </us-gaap:NumberOfOperatingSegments>
<us-gaap:NumberOfOperatingSegments contextRef="c180" decimals="0" unitRef="pure"> 2 </us-gaap:NumberOfOperatingSegments>
<us-gaap:ScheduleOfSegmentReportingInformationBySegmentTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">For the Year Ended <br/> June 30, 2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Business <br/> conducted by Adrie<br/> and its <br/> subsidiaries</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Business <br/> conducted<br/> by Lixin Cayman<br/> and its subsidiaries</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Elimination</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Total</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left">Net revenues of services</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">928,468</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">329,397</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">(138,621</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">1,119,244</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Commission and fee income on guarantee services, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-104">-</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">436,561</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(55,012</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">381,549</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total interest and fee income</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">372,445</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">918,585</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,291,030</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt">Net (loss) income from operation</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">193,255</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">772,434</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">965,689</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt">Depreciation and amortization</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">467,400</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">62,660</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">530,060</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt">Capital expenditures</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right"><div style="-sec-ix-hidden: hidden-fact-105">-</div></td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right"><div style="-sec-ix-hidden: hidden-fact-106">-</div></td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt">Income tax recovery (expense)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(119,869</td><td style="padding-bottom: 2pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(226,512</td><td style="padding-bottom: 2pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(346,381</td><td style="padding-bottom: 2pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt">Segment (loss) profit from continuing operations</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(66,008</td><td style="padding-bottom: 2pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">629,380</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">563,372</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt">Segment assets as of June 30, 2022</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">10,913,204</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">54,524,207</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(771,743</td><td style="padding-bottom: 2pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">64,665,668</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="10" style="text-align: center; border-bottom: Black 1.5pt solid"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>For the Six Months Ended<br/> June 30, 2021</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(Unaudited)</b></p></td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Business<br/> conducted by<br/> Adrie and its<br/> subsidiaries</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Business conducted<br/> by Lixin Cayman <br/> and its subsidiaries</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Total</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: justify">Net revenues of services</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">681</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">330,107</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">330,788</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Commission and fee income on guarantee services, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">369</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">175,965</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">176,334</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Total interest and fee income</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">423,692</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">840,347</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,270,039</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 1.5pt">Net loss from operation</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(305,055</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(23,904</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(328,959</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt">Depreciation and amortization</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(135</td><td style="padding-bottom: 4pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(539,192</td><td style="padding-bottom: 4pt; text-align: left">)</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">(539,327</td><td style="padding-bottom: 4pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 1.5pt">Income tax (expenses) benefits</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">66,112</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(53,044</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">13,068</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Segment loss</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(386,275</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(74,122</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(460,397</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt">Segment assets as of June 30, 2021</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">10,763,084</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">54,080,420</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">64,843,504</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table>
</us-gaap:ScheduleOfSegmentReportingInformationBySegmentTextBlock>
<rahgf:RevenuesFromConsultingServicesNet contextRef="c181" decimals="0" unitRef="usd"> 928468 </rahgf:RevenuesFromConsultingServicesNet>
<rahgf:RevenuesFromConsultingServicesNet contextRef="c182" decimals="0" unitRef="usd"> 329397 </rahgf:RevenuesFromConsultingServicesNet>
<rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet contextRef="c182" decimals="0" unitRef="usd"> 436561 </rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet>
<us-gaap:InterestAndDividendIncomeOperating contextRef="c181" decimals="0" unitRef="usd"> 372445 </us-gaap:InterestAndDividendIncomeOperating>
<us-gaap:InterestAndDividendIncomeOperating contextRef="c182" decimals="0" unitRef="usd"> 918585 </us-gaap:InterestAndDividendIncomeOperating>
<us-gaap:OperatingIncomeLoss contextRef="c181" decimals="0" unitRef="usd"> 193255 </us-gaap:OperatingIncomeLoss>
<us-gaap:OperatingIncomeLoss contextRef="c182" decimals="0" unitRef="usd"> 772434 </us-gaap:OperatingIncomeLoss>
<us-gaap:Depreciation contextRef="c181" decimals="0" unitRef="usd"> 467400 </us-gaap:Depreciation>
<us-gaap:Depreciation contextRef="c182" decimals="0" unitRef="usd"> 62660 </us-gaap:Depreciation>
<us-gaap:IncomeTaxExpenseBenefit contextRef="c181" decimals="0" unitRef="usd"> -119869 </us-gaap:IncomeTaxExpenseBenefit>
<us-gaap:IncomeTaxExpenseBenefit contextRef="c182" decimals="0" unitRef="usd"> -226512 </us-gaap:IncomeTaxExpenseBenefit>
<us-gaap:IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity contextRef="c181" decimals="0" unitRef="usd"> -66008 </us-gaap:IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity>
<us-gaap:IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity contextRef="c182" decimals="0" unitRef="usd"> 629380 </us-gaap:IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity>
<us-gaap:Assets contextRef="c183" decimals="0" unitRef="usd"> 10913204 </us-gaap:Assets>
<us-gaap:Assets contextRef="c184" decimals="0" unitRef="usd"> 54524207 </us-gaap:Assets>
<rahgf:RevenuesFromConsultingServicesNet contextRef="c185" decimals="0" unitRef="usd"> 681 </rahgf:RevenuesFromConsultingServicesNet>
<rahgf:RevenuesFromConsultingServicesNet contextRef="c186" decimals="0" unitRef="usd"> 330107 </rahgf:RevenuesFromConsultingServicesNet>
<rahgf:RevenuesFromConsultingServicesNet contextRef="c187" decimals="0" unitRef="usd"> 330788 </rahgf:RevenuesFromConsultingServicesNet>
<rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet contextRef="c185" decimals="0" unitRef="usd"> 369 </rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet>
<rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet contextRef="c186" decimals="0" unitRef="usd"> 175965 </rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet>
<rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet contextRef="c187" decimals="0" unitRef="usd"> 176334 </rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet>
<us-gaap:InterestAndDividendIncomeOperating contextRef="c185" decimals="0" unitRef="usd"> 423692 </us-gaap:InterestAndDividendIncomeOperating>
<us-gaap:InterestAndDividendIncomeOperating contextRef="c186" decimals="0" unitRef="usd"> 840347 </us-gaap:InterestAndDividendIncomeOperating>
<us-gaap:InterestAndDividendIncomeOperating contextRef="c187" decimals="0" unitRef="usd"> 1270039 </us-gaap:InterestAndDividendIncomeOperating>
<us-gaap:OperatingIncomeLoss contextRef="c185" decimals="0" unitRef="usd"> -305055 </us-gaap:OperatingIncomeLoss>
<us-gaap:OperatingIncomeLoss contextRef="c186" decimals="0" unitRef="usd"> -23904 </us-gaap:OperatingIncomeLoss>
<us-gaap:OperatingIncomeLoss contextRef="c187" decimals="0" unitRef="usd"> -328959 </us-gaap:OperatingIncomeLoss>
<us-gaap:Depreciation contextRef="c185" decimals="0" unitRef="usd"> -135 </us-gaap:Depreciation>
<us-gaap:Depreciation contextRef="c186" decimals="0" unitRef="usd"> -539192 </us-gaap:Depreciation>
<us-gaap:Depreciation contextRef="c187" decimals="0" unitRef="usd"> -539327 </us-gaap:Depreciation>
<us-gaap:IncomeTaxExpenseBenefit contextRef="c185" decimals="0" unitRef="usd"> 66112 </us-gaap:IncomeTaxExpenseBenefit>
<us-gaap:IncomeTaxExpenseBenefit contextRef="c186" decimals="0" unitRef="usd"> -53044 </us-gaap:IncomeTaxExpenseBenefit>
<us-gaap:IncomeTaxExpenseBenefit contextRef="c187" decimals="0" unitRef="usd"> 13068 </us-gaap:IncomeTaxExpenseBenefit>
<us-gaap:IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity contextRef="c185" decimals="0" unitRef="usd"> -386275 </us-gaap:IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity>
<us-gaap:IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity contextRef="c186" decimals="0" unitRef="usd"> -74122 </us-gaap:IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity>
<us-gaap:IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity contextRef="c187" decimals="0" unitRef="usd"> -460397 </us-gaap:IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity>
<us-gaap:Assets contextRef="c188" decimals="0" unitRef="usd"> 10763084 </us-gaap:Assets>
<us-gaap:Assets contextRef="c189" decimals="0" unitRef="usd"> 54080420 </us-gaap:Assets>
<us-gaap:Assets contextRef="c190" decimals="0" unitRef="usd"> 64843504 </us-gaap:Assets>
<us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="c0">
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>18. COMMITMENTS AND CONTINGENCIES</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration:underline">Contingencies</span></i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt">From time to time, the Company may be subject to certain legal proceedings, claims and disputes that arise in the ordinary course of business. Although the outcomes of these legal proceedings cannot be predicted, the Company does not believe these actions, in the aggregate, will have a material adverse impact on its financial position, results of operations or liquidity.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt"><i><span style="text-decoration:underline">Lease commitments</span></i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt">As of June 30, 2022, the Company leases offices space under a number of non-cancellable operating lease arrangements, one of which had a term of over 12 months. The Company considers those renewal or termination options that are reasonably certain to be exercised in the determination of the lease term and initial measurement of right of use assets and lease liabilities. Lease expense for operating lease is recognized on a straight-line basis over the lease term.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt">The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt">In calculating the initial values of right of use assets and liabilities at inception date, the Company uses the rate implicit in the lease, when available or readily determinable, to discount lease payments to present value. When the leases do not provide a readily determinable implicit rate, the Company discount lease payments based on an estimate of its incremental borrowing rate.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt">The table below presents the operating lease related assets and liabilities recorded on the balance sheets.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,<br/> 2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31,<br/> 2021</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="text-align: center; font-weight: bold"> </td><td style="text-align: center"> </td> <td colspan="2" style="text-align: center"> </td><td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify; padding-bottom: 1.5pt">Right of use assets</td><td style="width: 1%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; width: 9%; text-align: right">103,801</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 1%; font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; width: 1%; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; width: 9%; font-weight: bold; text-align: right">37,313</td><td style="width: 1%; padding-bottom: 1.5pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Operating lease liabilities, current portion</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">58,269</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">65,498</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 1.5pt">Operating lease liabilities, noncurrent portion</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">61,172</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-107">-</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 4pt">Total operating lease liabilities</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">119,441</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">65,498</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of June 30, 2022, the weighted average remaining lease term was 1.75 years, and discount rates were 4.75% for the operating lease.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of December 31, 2021, the weighted average remaining lease term was 0.33 years, and discount rates were 4.75% for the operating lease.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Rental expense for the six months ended June 30, 2022 and 2021 was $59,287 and $84,344, respectively. Depreciation expenses were $49,733 and $62,356 million for the six month ended June 30, 2022 and 2021, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following is a schedule, by years, of maturities of lease liabilities as of June 30, 2022:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%">Twelve months ended June 30, 2023</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">62,562</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td>Twelve months ended June 30, 2024</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">62,562</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total lease payments <b> </b></span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">125,124</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt">Less: imputed interest</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">5,683</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Present value of lease liabilities <b> </b></span></td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">119,441</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table>
</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>
<us-gaap:OperatingLeaseLeaseIncomeTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,<br/> 2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31,<br/> 2021</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="text-align: center; font-weight: bold"> </td><td style="text-align: center"> </td> <td colspan="2" style="text-align: center"> </td><td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify; padding-bottom: 1.5pt">Right of use assets</td><td style="width: 1%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; width: 9%; text-align: right">103,801</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 1%; font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; width: 1%; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; width: 9%; font-weight: bold; text-align: right">37,313</td><td style="width: 1%; padding-bottom: 1.5pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Operating lease liabilities, current portion</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">58,269</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">65,498</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 1.5pt">Operating lease liabilities, noncurrent portion</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">61,172</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-107">-</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 4pt">Total operating lease liabilities</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">119,441</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">65,498</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05pt; text-align: justify; text-indent: -0.05pt"> </p>
</us-gaap:OperatingLeaseLeaseIncomeTableTextBlock>
<us-gaap:OperatingLeaseRightOfUseAsset contextRef="c191" decimals="0" unitRef="usd"> 103801 </us-gaap:OperatingLeaseRightOfUseAsset>
<us-gaap:OperatingLeaseRightOfUseAsset contextRef="c192" decimals="0" unitRef="usd"> 37313 </us-gaap:OperatingLeaseRightOfUseAsset>
<us-gaap:OperatingLeaseLiabilityCurrent contextRef="c191" decimals="0" unitRef="usd"> 58269 </us-gaap:OperatingLeaseLiabilityCurrent>
<us-gaap:OperatingLeaseLiabilityCurrent contextRef="c192" decimals="0" unitRef="usd"> 65498 </us-gaap:OperatingLeaseLiabilityCurrent>
<us-gaap:OperatingLeaseLiabilityNoncurrent contextRef="c191" decimals="0" unitRef="usd"> 61172 </us-gaap:OperatingLeaseLiabilityNoncurrent>
<us-gaap:OperatingLeaseLiability contextRef="c191" decimals="0" unitRef="usd"> 119441 </us-gaap:OperatingLeaseLiability>
<us-gaap:OperatingLeaseLiability contextRef="c192" decimals="0" unitRef="usd"> 65498 </us-gaap:OperatingLeaseLiability>
<us-gaap:OperatingLeaseWeightedAverageRemainingLeaseTerm1 contextRef="c1"> P1Y9M </us-gaap:OperatingLeaseWeightedAverageRemainingLeaseTerm1>
<us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent contextRef="c1" decimals="4" unitRef="pure"> 0.0475 </us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent>
<us-gaap:OperatingLeaseWeightedAverageRemainingLeaseTerm1 contextRef="c2"> P0Y3M29D </us-gaap:OperatingLeaseWeightedAverageRemainingLeaseTerm1>
<us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent contextRef="c2" decimals="4" unitRef="pure"> 0.0475 </us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent>
<rahgf:OperatingLeasesRentExpenses contextRef="c0" decimals="-6" unitRef="usd"> 59287000000 </rahgf:OperatingLeasesRentExpenses>
<us-gaap:DepreciationExpenseOnReclassifiedAssets contextRef="c0" decimals="-6" unitRef="usd"> 49733000000 </us-gaap:DepreciationExpenseOnReclassifiedAssets>
<us-gaap:DepreciationExpenseOnReclassifiedAssets contextRef="c12" decimals="-6" unitRef="usd"> 62356000000 </us-gaap:DepreciationExpenseOnReclassifiedAssets>
<rahgf:ScheduleOfFutureMinimumRentalPaymentsForOperatingLeaseTableTextBlock contextRef="c0">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%">Twelve months ended June 30, 2023</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">62,562</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td>Twelve months ended June 30, 2024</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">62,562</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total lease payments <b> </b></span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">125,124</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt">Less: imputed interest</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">5,683</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Present value of lease liabilities <b> </b></span></td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">119,441</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table>
</rahgf:ScheduleOfFutureMinimumRentalPaymentsForOperatingLeaseTableTextBlock>
<us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths contextRef="c1" decimals="0" unitRef="usd"> 62562 </us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths>
<us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths contextRef="c1" decimals="0" unitRef="usd"> 62562 </us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths>
<us-gaap:LesseeOperatingLeaseLiabilityPaymentsDue contextRef="c1" decimals="0" unitRef="usd"> 125124 </us-gaap:LesseeOperatingLeaseLiabilityPaymentsDue>
<us-gaap:ReceivableWithImputedInterestDiscount contextRef="c1" decimals="0" unitRef="usd"> 5683 </us-gaap:ReceivableWithImputedInterestDiscount>
<rahgf:PresentValueOfLeaseLiabilities contextRef="c1" decimals="0" unitRef="usd"> 119441 </rahgf:PresentValueOfLeaseLiabilities>
<us-gaap:SubsequentEventsTextBlock contextRef="c0">
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>19. SUBSEQUENT EVENTS</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company performed a review of events subsequent to the balance sheet date through the date the financial statements were issued and determined that there were no such events requiring recognition or disclosure in the financial statements other than the above mentioned events.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On July 7, 2022, the Board of directors passed a resolution to terminate the cooperation agreement with Shenzhen Geile Information Technology Co., Ltd. (formerly called “Shenzhen Harvest Business Ltd., Co.”) and dissolve FINE C+ Digital. On the same day, the Board of directors passed a resolution to terminate the cooperation agreement with Beijing Auvgo International Travel Technology Co. Ltd. and dissolve Yijia Travel. The Company had not made any investment in these two joint ventures and these joint ventures had no operations.</p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On July 19, 2022, Zhongtan Industrial Operation invested RMB 30 million (approximately $4,630,273) in Hangzhou Zhongtan New Energy Enterprise Management Partnership (Limited Partnership) and held 60% its equity. The investment has not been paid as of the date of this report.</span></p>
</us-gaap:SubsequentEventsTextBlock>
<us-gaap:SubsequentEventDescription contextRef="c193"> On July 19, 2022, Zhongtan Industrial Operation invested RMB 30 million (approximately $4,630,273) in Hangzhou Zhongtan New Energy Enterprise Management Partnership (Limited Partnership) and held 60% its equity. </us-gaap:SubsequentEventDescription>
<rahgf:CustomerPledgedDeposits contextRef="c1" id="hidden-fact-1" unitRef="usd" xsi:nil="true"/>
<rahgf:WarrantLiabilities contextRef="c1" id="hidden-fact-2" unitRef="usd" xsi:nil="true"/>
<us-gaap:OperatingLeaseLiabilityNoncurrent contextRef="c2" id="hidden-fact-3" unitRef="usd" xsi:nil="true"/>
<us-gaap:CommitmentsAndContingencies contextRef="c1" id="hidden-fact-4" unitRef="usd" xsi:nil="true"/>
<us-gaap:CommitmentsAndContingencies contextRef="c2" id="hidden-fact-5" unitRef="usd" xsi:nil="true"/>
<us-gaap:CommonStockValue contextRef="c1" id="hidden-fact-6" unitRef="usd" xsi:nil="true"/>
<us-gaap:CommonStockValue contextRef="c2" id="hidden-fact-7" unitRef="usd" xsi:nil="true"/>
<us-gaap:CommonStockNoParValue contextRef="c1" id="hidden-fact-8" unitRef="usdPershares" xsi:nil="true"/>
<us-gaap:CommonStockNoParValue contextRef="c2" id="hidden-fact-9" unitRef="usdPershares" xsi:nil="true"/>
<us-gaap:CommonStockSharesAuthorizedUnlimited contextRef="c0" id="hidden-fact-10"> Unlimited </us-gaap:CommonStockSharesAuthorizedUnlimited>
<us-gaap:CommonStockSharesAuthorizedUnlimited contextRef="c3" id="hidden-fact-11"> Unlimited </us-gaap:CommonStockSharesAuthorizedUnlimited>
<us-gaap:PreferredStockParOrStatedValuePerShare contextRef="c4" id="hidden-fact-12" unitRef="usdPershares" xsi:nil="true"/>
<us-gaap:PreferredStockParOrStatedValuePerShare contextRef="c5" id="hidden-fact-13" unitRef="usdPershares" xsi:nil="true"/>
<rahgf:PreferredSharesAuthorizedDescription contextRef="c6" id="hidden-fact-14"> Unlimited </rahgf:PreferredSharesAuthorizedDescription>
<rahgf:PreferredSharesAuthorizedDescription contextRef="c7" id="hidden-fact-15"> Unlimited </rahgf:PreferredSharesAuthorizedDescription>
<us-gaap:PreferredStockParOrStatedValuePerShare contextRef="c8" id="hidden-fact-16" unitRef="usdPershares" xsi:nil="true"/>
<us-gaap:PreferredStockParOrStatedValuePerShare contextRef="c9" id="hidden-fact-17" unitRef="usdPershares" xsi:nil="true"/>
<rahgf:PreferredSharesAuthorizedDescription contextRef="c10" id="hidden-fact-18"> Unlimited </rahgf:PreferredSharesAuthorizedDescription>
<rahgf:PreferredSharesAuthorizedDescription contextRef="c11" id="hidden-fact-19"> Unlimited </rahgf:PreferredSharesAuthorizedDescription>
<rahgf:RevenuesFromHealthcareServicePackages contextRef="c12" id="hidden-fact-20" unitRef="usd" xsi:nil="true"/>
<us-gaap:CostOfRevenue contextRef="c12" id="hidden-fact-21" unitRef="usd" xsi:nil="true"/>
<us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="c0" decimals="0" id="hidden-fact-22" unitRef="shares"> 25287887 </us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
<us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="c12" decimals="0" id="hidden-fact-23" unitRef="shares"> 25287887 </us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
<us-gaap:EarningsPerShareDiluted contextRef="c0" decimals="2" id="hidden-fact-24" unitRef="usdPershares"> 0.01 </us-gaap:EarningsPerShareDiluted>
<us-gaap:EarningsPerShareDiluted contextRef="c12" decimals="2" id="hidden-fact-25" unitRef="usdPershares"> -0.02 </us-gaap:EarningsPerShareDiluted>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c13" id="hidden-fact-26" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c21" id="hidden-fact-27" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c22" id="hidden-fact-28" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c23" id="hidden-fact-29" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c24" id="hidden-fact-30" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c25" id="hidden-fact-31" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c27" id="hidden-fact-32" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c21" id="hidden-fact-33" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c23" id="hidden-fact-34" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c24" id="hidden-fact-35" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c25" id="hidden-fact-36" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c27" id="hidden-fact-37" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c28" id="hidden-fact-38" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c0" id="hidden-fact-39" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c21" id="hidden-fact-40" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c22" id="hidden-fact-41" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c23" id="hidden-fact-42" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c24" id="hidden-fact-43" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c26" id="hidden-fact-44" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c27" id="hidden-fact-45" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c28" id="hidden-fact-46" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c0" id="hidden-fact-47" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c21" id="hidden-fact-48" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c22" id="hidden-fact-49" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c23" id="hidden-fact-50" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c24" id="hidden-fact-51" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c25" id="hidden-fact-52" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c26" id="hidden-fact-53" unitRef="usd" xsi:nil="true"/>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c29" id="hidden-fact-54" unitRef="usd" xsi:nil="true"/>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c37" id="hidden-fact-55" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c46" id="hidden-fact-56" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c47" id="hidden-fact-57" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c48" id="hidden-fact-58" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c49" id="hidden-fact-59" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c50" id="hidden-fact-60" unitRef="usd" xsi:nil="true"/>
<us-gaap:ProfitLoss contextRef="c52" id="hidden-fact-61" unitRef="usd" xsi:nil="true"/>
<rahgf:DeconsolidationOfSubsidiaries contextRef="c46" id="hidden-fact-62" unitRef="usd" xsi:nil="true"/>
<rahgf:DeconsolidationOfSubsidiaries contextRef="c47" id="hidden-fact-63" unitRef="usd" xsi:nil="true"/>
<rahgf:DeconsolidationOfSubsidiaries contextRef="c48" id="hidden-fact-64" unitRef="usd" xsi:nil="true"/>
<rahgf:DeconsolidationOfSubsidiaries contextRef="c49" id="hidden-fact-65" unitRef="usd" xsi:nil="true"/>
<rahgf:DeconsolidationOfSubsidiaries contextRef="c51" id="hidden-fact-66" unitRef="usd" xsi:nil="true"/>
<rahgf:DeconsolidationOfSubsidiaries contextRef="c53" id="hidden-fact-67" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c46" id="hidden-fact-68" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c48" id="hidden-fact-69" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c49" id="hidden-fact-70" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c50" id="hidden-fact-71" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c53" id="hidden-fact-72" unitRef="usd" xsi:nil="true"/>
<rahgf:StockIssuedDuringPeriodValueDividendToShareholders contextRef="c12" id="hidden-fact-73" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c46" id="hidden-fact-74" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c47" id="hidden-fact-75" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c48" id="hidden-fact-76" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c49" id="hidden-fact-77" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c52" id="hidden-fact-78" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c53" id="hidden-fact-79" unitRef="usd" xsi:nil="true"/>
<rahgf:TransferToStatutoryReserves contextRef="c12" id="hidden-fact-80" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c46" id="hidden-fact-81" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c47" id="hidden-fact-82" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c48" id="hidden-fact-83" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c49" id="hidden-fact-84" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c50" id="hidden-fact-85" unitRef="usd" xsi:nil="true"/>
<us-gaap:ForeignCurrencyTransactionGainLossBeforeTax contextRef="c51" id="hidden-fact-86" unitRef="usd" xsi:nil="true"/>
<us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="c54" id="hidden-fact-87" unitRef="usd" xsi:nil="true"/>
<rahgf:LossgainFromLeaseModification contextRef="c0" id="hidden-fact-88" unitRef="usd" xsi:nil="true"/>
<rahgf:IncreaseDecreaseinCustomerPledgedAssets contextRef="c12" id="hidden-fact-89" unitRef="usd" xsi:nil="true"/>
<us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet contextRef="c12" id="hidden-fact-90" unitRef="usd" xsi:nil="true"/>
<us-gaap:RepaymentsOfBankDebt contextRef="c0" id="hidden-fact-91" unitRef="usd" xsi:nil="true"/>
<us-gaap:IncomeTaxesPaid contextRef="c0" id="hidden-fact-92" unitRef="usd" xsi:nil="true"/>
<us-gaap:IncomeTaxesPaid contextRef="c12" id="hidden-fact-93" unitRef="usd" xsi:nil="true"/>
<rahgf:TotalCashCashEquivalentsAndRestrictedCash contextRef="c2" decimals="0" id="hidden-fact-94" unitRef="usd"> 29693689 </rahgf:TotalCashCashEquivalentsAndRestrictedCash>
<us-gaap:AccountsReceivableNet contextRef="c2" decimals="0" id="hidden-fact-95" unitRef="usd"> 6929529 </us-gaap:AccountsReceivableNet>
<us-gaap:AccountsNotesAndLoansReceivableNetCurrent contextRef="c1" id="hidden-fact-96" unitRef="usd" xsi:nil="true"/>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="c159" id="hidden-fact-97" xsi:nil="true"/>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1 contextRef="c162" id="hidden-fact-98" xsi:nil="true"/>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1 contextRef="c164" id="hidden-fact-99" xsi:nil="true"/>
<rahgf:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExpirationDates1 contextRef="c168" id="hidden-fact-100" xsi:nil="true"/>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1 contextRef="c176" id="hidden-fact-101" xsi:nil="true"/>
<us-gaap:FairValueAdjustmentOfWarrants contextRef="c143" id="hidden-fact-102" unitRef="usd" xsi:nil="true"/>
<us-gaap:FairValueAdjustmentOfWarrants contextRef="c150" id="hidden-fact-103" unitRef="usd" xsi:nil="true"/>
<rahgf:CommissionAndFeeIncomeOnGuaranteeServicesNet contextRef="c181" id="hidden-fact-104" unitRef="usd" xsi:nil="true"/>
<us-gaap:CapitalExpenditureDiscontinuedOperations contextRef="c181" id="hidden-fact-105" unitRef="usd" xsi:nil="true"/>
<us-gaap:CapitalExpenditureDiscontinuedOperations contextRef="c182" id="hidden-fact-106" unitRef="usd" xsi:nil="true"/>
<us-gaap:OperatingLeaseLiabilityNoncurrent contextRef="c192" id="hidden-fact-107" unitRef="usd" xsi:nil="true"/>
<dei:AmendmentFlag contextRef="c0"> false </dei:AmendmentFlag>
<dei:CurrentFiscalYearEndDate contextRef="c0"> --12-31 </dei:CurrentFiscalYearEndDate>
<dei:DocumentFiscalPeriodFocus contextRef="c0"> Q2 </dei:DocumentFiscalPeriodFocus>
<dei:EntityCentralIndexKey contextRef="c0"> 0001611852 </dei:EntityCentralIndexKey>
<link:footnoteLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
<link:loc xlink:href="#ix_0_fact" xlink:label="ix_0_fact" xlink:type="locator"/>
<link:loc xlink:href="#ix_1_fact" xlink:label="ix_1_fact" xlink:type="locator"/>
<link:footnote id="ix_0_footnote" xlink:label="ix_0_footnote" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">
<xhtml:span style="font-size: 10pt">The Company used net loss as the control number to determine whether the warrants, Class A and Class B preferred shares are anti-dilutive. Because the Company suffered loss, the number of warrants, Class A preferred shares and Class B preferred shares are excluded from the computation as the anti-dilutive effect.</xhtml:span>
</link:footnote>
<link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="ix_0_fact" xlink:to="ix_0_footnote" xlink:type="arc"/>
<link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="ix_1_fact" xlink:to="ix_0_footnote" xlink:type="arc"/>
<link:loc xlink:href="#ix_2_fact" xlink:label="ix_2_fact" xlink:type="locator"/>
<link:loc xlink:href="#ix_3_fact" xlink:label="ix_3_fact" xlink:type="locator"/>
<link:footnote id="ix_1_footnote" xlink:label="ix_1_footnote" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">
<xhtml:span style="font-size: 10pt">The balance represented the unpaid dividends due to former shareholders of Lixin, who sold equity interests in Lixin to the Company.</xhtml:span>
</link:footnote>
<link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="ix_2_fact" xlink:to="ix_1_footnote" xlink:type="arc"/>
<link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="ix_3_fact" xlink:to="ix_1_footnote" xlink:type="arc"/>
<link:loc xlink:href="#ix_4_fact" xlink:label="ix_4_fact" xlink:type="locator"/>
<link:loc xlink:href="#hidden-fact-100" xlink:label="hidden-fact-100" xlink:type="locator"/>
<link:loc xlink:href="#ix_6_fact" xlink:label="ix_6_fact" xlink:type="locator"/>
<link:loc xlink:href="#ix_5_fact" xlink:label="ix_5_fact" xlink:type="locator"/>
<link:loc xlink:href="#hidden-fact-98" xlink:label="hidden-fact-98" xlink:type="locator"/>
<link:loc xlink:href="#hidden-fact-99" xlink:label="hidden-fact-99" xlink:type="locator"/>
<link:footnote id="ix_2_footnote" xlink:label="ix_2_footnote" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">
<xhtml:span style="font-size: 10pt">As of June 30, 2022 and December 31, 2021, the Company’s 623,078 shares of warrants were comprised of 576,924 Series A Warrants and 46,154 Placement Agent Warrants which would expire on July 9, 2022, respectively.</xhtml:span>
</link:footnote>
<link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="ix_4_fact" xlink:to="ix_2_footnote" xlink:type="arc"/>
<link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="hidden-fact-100" xlink:to="ix_2_footnote" xlink:type="arc"/>
<link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="ix_6_fact" xlink:to="ix_2_footnote" xlink:type="arc"/>
<link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="ix_5_fact" xlink:to="ix_2_footnote" xlink:type="arc"/>
<link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="hidden-fact-98" xlink:to="ix_2_footnote" xlink:type="arc"/>
<link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="hidden-fact-99" xlink:to="ix_2_footnote" xlink:type="arc"/>
</link:footnoteLink>
</xbrl>

Top
Filing Submission 0001213900-22-050871   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Tue., Apr. 30, 9:42:53.2pm ET