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RELATED PARTY TRANSACTIONS AND BALANCE

12 Months Ended

Dec. 31, 2014

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

17. RELATED PARTY TRANSACTIONS AND BALANCE

For the year ended December 31, 2014, the Company purchased $ 1,142,845 of sleep respiratory systems from HuNan Zhong Yi High-tech Development Co., LTD which is partially owned by CEO. As of December 31, 2014 and 2013, $1,498,627 and nil was advanced to the related party for equipment purchases, respectively.

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The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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