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Payables to Former Subsidiaries

3 Months Ended

Mar. 31, 2020

6.	Payables to Former Subsidiaries

Payable to former subsidiaries as of December 31, 2019 and March 31, 2020 consisted of the following:

	December 31,		March 31,
	2019		2020
BAK Tianjin	$	-	$	10,288
BAK Shenzhen		1,483,352		1,394,391
Shenzhen BAK (note 1)		-		4,279,722
		1,483,352		5,684,401

Balance as of December 31, 2019 and March 31, 2020 consisted of payables for purchase of inventories from BAK Tianjin, BAK Shenzhen 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.