Quarterly report pursuant to Section 13 or 15(d)

Description of Business (Details Narrative)

v3.19.2
Description of Business (Details Narrative)
6 Months Ended
Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Description for market size of education The Company established Kids Enrichment Academy Ltd.("KEA") in Beijing through Jianxi PDN Culture Media Co. Ltd, a VIE structured subsidiary, which will offer after-school and online education programs for primary and secondary schools in China. Through a combination of online and offline experience, KEA will create a variety of programs including science education, STEAM education (an educational approach to learning that uses Science, Technology, Engineering, the Arts and Mathematics as access points for guiding student inquiry, dialogue, and critical thinking), mental health education, etc. According to the "2019 China Education Industry Research Report" by Amazing House, China's K12 education market size was about 880 billion RMB in 2018. By 2019, the market size is expected to reach 1 trillion RMB, with a compound annual growth rate of 16.2% in five years. As a subdivision in the K12 field, after-school educational programs are also in high demand. According to the National Statistical Reports on Education Development and "2017 China Family Quality Education Consumption Report" by Rayee ACE, the potential market size of after-school educational programs in China by 2020 will reach 171 billion RMB.