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v3.8.0.1

Consolidated Statements of Stockholders' Equity - USD ($) | Total | Other Comprehensive Income | Ordinary Shares $0.0001 Par Value | Additional Paid-in Capital | Statutory Reserves | Retained Earnings/(Loss)
--- | --- | --- | --- | --- | --- | ---
Balance at Mar. 31, 2015 | $ (250,206) | $ (966) | $ 10,000 | $ (9,000) |  | $ (250,240)
Balance, shares at Mar. 31, 2015 |  |  | 100,000,000 |  |  |
Reverse stock split (1-for-10) |  |  | $ (9,000) | 9,000 |  |
Reverse stock split (1-for-10), shares |  |  | (90,000,000) |  |  |
Adjustment as recapitalization from VIE | (1,000) |  |  | (1,000) |  |
Capital contributions by owners | 1,054,607 |  |  | 1,054,607 |  |
Net income | 652,852 |  |  |  | 65,331 | 587,521
Cumulative translation adjustment | (2,643) | (2,643) |  |  |  |
Balance at Mar. 31, 2016 | 1,453,610 | (3,609) | $ 1,000 | 1,053,607 | 65,331 | 337,281
Balance, shares at Mar. 31, 2016 |  |  | 10,000,000 |  |  |
Net income | 1,713,971 |  |  |  |  | 1,713,971
Cumulative translation adjustment | (146,008) | (146,008) |  |  |  |
Balance at Mar. 31, 2017 | 3,021,573 | (149,617) | $ 1,000 | 1,053,607 | 65,331 | 2,051,252
Balance, shares at Mar. 31, 2017 |  |  | 10,000,000 |  |  |
Proceeds from sale of Common Stock | 7,731,271 |  | $ 142 | 7,731,129 |  |
Proceeds from sale of Common Stock, shares |  |  | 1,421,393 |  |  |
Capital contributions by owners | 139,644 |  |  | 139,644 |  |
Net income | 391,851 |  |  |  |  | 391,851
Cumulative translation adjustment | 96,011 | 96,011 |  |  |  |
Balance at Sep. 30, 2017 | $ 11,380,350 | $ (53,606) | $ 1,142 | $ 8,924,380 | $ 65,331 | $ 2,443,103
Balance, shares at Sep. 30, 2017 |  |  | 11,421,393 |  |  |

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