XML 74 R12.htm IDEA: XBRL DOCUMENT v3.19.3
Payables to Former Subsidiaries
 9 Months Ended
Sep. 30, 2019
Payables to Former Subsidiaries Net [Abstract]  
Payables to Former Subsidiaries
6. Payables to Former Subsidiaries

 

Payable to former subsidiaries as of December 31, 2018 and September 30, 2019 consisted of the following:

 

   December 31,   September 30, 
   2018   2019 
BAK Tianjin  $972,913   $- 
BAK Shenzhen   3,328,733    855,860 
   $4,301,646   $855,860 

 

Balance as of December 31, 2018 and September 30, 2019 consisted of payables for purchase of inventories from BAK Tianjin and BAK Shenzhen. From time to time, to meet the needs of its customers, the Company purchased products from these former subsidiaries that it did not produce.