Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTY BALANCES AND TRANSACTIONS (Tables)

v3.7.0.1
RELATED PARTY BALANCES AND TRANSACTIONS (Tables)
6 Months Ended
Jun. 30, 2017
Mao [Member]  
Schedule Of Debt Interest Expenses [Table Text Block]
Amount due to related party consisted of the following as of the periods indicated:
 
 
 
June 30,
 
December 31,
 
 
 
2017
 
2016
 
 
 
(Unaudited)
 
 
 
Mao (a)
 
$
1,024,918
 
$
1,031,805
 
Total
 
 
1,024,918
 
 
1,031,805
 
 
(a) Jianping Mao (“Mao”), the wife of the Vice General Manager of Hong Kong Takung.