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Other Long-term Loans
12 Months Ended
Sep. 30, 2013
Other Long-term Loans [Text Block]
13.

Other Long-term Loans

   
 

As of September 30, 2012 and 2013, the Company had interest-free and unsecured advances of $2,495,855 and $nil respectively from Tianjin Aifuyi Auto Parts. Co., Ltd, an unrelated party. In August 2013, this loan was offset against the consideration receivable from the disposal of Tianjin Meicai (Note 8(b)).

   
 

As of September 30, 2012 and 2013, the Company had advances of $5,090,921 and $nil from Tianjin Zhantuo. The loan was non interest bearing and secured by the Company's land use rights in Tianjin with a carrying amount of $9,566,555 as of September 30, 2012 (Note 10). This loan was originally repayable by September 30, 2014. This loan was also offset against the consideration receivable from the disposal of Tianjin Meicai (Note 8(b)).