XML 24 R12.htm IDEA: XBRL DOCUMENT v3.19.1
Payables to Former Subsidiaries
 3 Months Ended
Mar. 31, 2019
Payables To Former Subsidiaries  
Payables to Former Subsidiaries

6.Payables to Former Subsidiaries

 

Payable to former subsidiaries as of December 31, 2018 and March 31, 2019 consisted of the following:

 

   December 31,   March 31, 
   2018   2019 
BAK Tianjin  $972,913   $- 
BAK Shenzhen   3,328,733    3,259,302 
　  $4,301,646   $3,259,302 

 

Balance as of December 31, 2018 and March 31, 2019 consisted of payables for purchase of inventories from BAK Tianjin and BAK Shenzhen. From time to time, the Company purchased products from these former subsidiaries that they did not produce to meet the needs of its customers.