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Note 4 - Long-term Loans
 3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Long-term Debt [Text Block]
4.
Long-term loans
 
On
March 28, 2019,
the Company borrowed a
three
-year term loan with a principal amount of
$1,493
(
RMB10,000
) from China Construction Bank, which bears an annual interest rate of
120.0%
of the
three
-year loan interest rate quoted by the People’s Bank of China. The loan is guaranteed by the shareholder of the Company, Shenzhen Sangel Capital Management Limited Company (“Shenzhen Sangel”) and Mr. Mulong Liu, a shareholder of Shenzhen Sangel. The maturity date of the loan is
March 28, 2022.