XML 29 R14.htm IDEA: XBRL DOCUMENT

Payables to former subsidiaries

12 Months Ended

Dec. 31, 2017

Payables to former subsidiaries [Text Block]

8.	Payables to former subsidiaries

Payables to former subsidiaries as of September 30, 2016, December 31, 2016 and 2017 consisted of the following:

		September 30,		December 31,		December 31,
		2016		2016		2017
BAK Tianjin	$	56,188	$	194,744	$	282,682
BAK Shenzhen		4,326,046		2,294,085		22,020,039
	$	4,382,234	$	2,488,859	$	22,302,721

Balance as of September 30, 2016, December 31, 2016 and 2017 consisted of payables for purchase of inventories from BAK Tianjin and Shenzhen BAK. From time to time, the Company purchased from these former subsidiaries products that it did not produce to meet the needs of its customers.