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Payables to Former Subsidiaries

3 Months Ended

Mar. 31, 2017

Payables to Former Subsidiaries [Text Block]

6.	Payables to Former Subsidiaries

	Payable to former subsidiaries as of December 31, 2016 and March 31, 2017 consisted of the following:

		December 31,		March 31,
		2016		2017
BAK Tianjin	$	194,774	$	172,434
Shenzhen BAK		2,294,085		5,135,950
	$	2,488,859	$	5,308,384

Balance as of December 31, 2016 and March 31, 2017 consisted of payables for purchase of inventories from BAK Tianjin and Shenzhen BAK. From time to time, the Company purchased products from these former subsidiaries that they did not produce to meet the needs of its customers.