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ORGANIZATION AND PRINCIPAL ACTIVITIES
 6 Months Ended
Sep. 30, 2012
Organization and Principal Activities Disclosure [Abstract]  
Organization and Principal Activities Disclosure [Text Block]
1. ORGANIZATION AND PRINCIPAL ACTIVITIES

 

Chisen Electric Corporation (“Chisen Electric”), formerly known as World Trophy Outfitters, Inc., was formed as a Nevada corporation on January 13, 2005. Its common stock currently is traded on the Over-The-Counter Bulletin Board and on the OTC Markets under the symbol “CIEC”.

 

Chisen Electric is an investment holding company with no operations. The principal activities of its subsidiaries (together with Chisen Electric, collectively referred as “the Company”) are the manufacture and sales of sealed lead-acid battery products and relevant components, and investment holding.

 

Details of Chisen Electric’s subsidiaries as of September 30, 2012 are as follows:

 

Name  

Place and date of

establishment /

incorporation

  

Percentage of

effective equity

interest / voting

right attributable

to the Company

   Principal activities
             
Fast More Limited (“Fast More”)  

Hong Kong

December 17, 2007

  

100%

 

  

Investment holding

 
             
Zhejiang Chisen Electric Co., Limited * (“Zhejiang Chisen”)  

Zhejiang,
the People’s Republic of China (“PRC”)

February 25, 2002

   100%   Manufacture and sales of sealed lead-acid battery products and relevant components
             
Chisen Electric Jiangsu Co., Limited * (“Chisen Jiangsu”)   Jiangsu,
PRC
August 23, 2010		   98%   Manufacture and sales of sealed lead-acid battery products and relevant components

 

  * These are direct translation of the name in Chinese for identification purpose only and are not the official name in English.