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This isn’t THE CHINA PROJECT’s most recent raise. Reg CF · Common Stock · Dec 2022 (Closed) is more current.View latest round
THE CHINA PROJECT

Reg CF · Common Stock · Oct 2021

ClosedReg CFCommon Equity
via DALMORE GROUP LLC · last checked Sep 23, 2026
Raised
$1.5M / $5M max
30% of ceiling
Investors
—
—
Estimated pre-money
$22.4M
—

Financials disclosed in this offering

FY2019–FY2020 · hover for source
$503K
−$1.6M
FY2019
$531K
−$1.6M
FY2020
RevenueNet income
Metric
FY2019 audited
FY2020 audited
Income statement
Revenue
$503,288
$531,220
Cost of goods sold
$80,068
$15,885
Gross margin
84%
97%
Net income
-$1,613,480
-$1,595,499
Taxes paid
$4,793
$0
Balance sheet
Cash
$294,535
$303,707
Accounts receivable
$90
$90
Total assets
$301,906
$310,163
Short-term debt
$1,501,654
$2,351,474
Long-term debt
$4,405,366
$5,159,303
Total liabilities
$5,907,020
$7,510,777
Other
Headcount
—
12

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Deal terms

Est. pre-money$22.4M
Price / share$2.80
Shares offered8,929

Estimated, not stated: $2.80 × 8,000,000 securities outstanding as of Dec 31, 2020 (Form C filed Oct 26, 2021, p. 26).

Offering details

Target$25,000
Max$5,000,000
Min investment—
OpenedOct 26, 2021
DeadlineApr 28, 2022
ClosedApr 28, 2022
Days active184

Links & provenance

SEC filing
Source: SEC EDGAR
0001644600-21-000125
Last synced Sep 23, 2026

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.