XML 76 R56.htm IDEA: XBRL DOCUMENT v3.19.3
Short-Term Loans (Details) - USD ($)
 3 Months Ended 12 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Short-term loans, Total $ 2,311,475 $ 2,410,147
MY Bank [Member]    
Short-term loans, Total [1],[2]   $ 7,282
Maturity Date [1],[2]   Aug. 29, 2019
Int. Rate/Year [1],[2]   15.80%
Agricultural Bank of China [Member]    
Short-term loans, Total [2],[3] $ 630,402 $ 291,256
Maturity Date [2],[3] Nov. 13, 2019 Aug. 12, 2019
Int. Rate/Year [2],[3] 3.92% 5.66%
Agricultural Bank of China one [Member]    
Short-term loans, Total [2],[3]   $ 655,327
Maturity Date [2],[3]   Nov. 13, 2019
Int. Rate/Year [2],[3]   3.92%
Agricultural Bank of China [Member]    
Short-term loans, Total [4] $ 1,400,894 $ 1,456,282
Maturity Date [4] Feb. 25, 2020 Feb. 25, 2020
Int. Rate/Year [4] 5.66% 5.66%
Agricultural Bank of China one [Member]    
Short-term loans, Total [4] $ 280,179  
Maturity Date [4] Aug. 26, 2020  
Int. Rate/Year [4] 5.60%  
[1] Not collateralized or guaranteed.
[2] The Company repaid the loan in full on maturity date.
[3] Guaranteed by a commercial credit guaranty company, unrelated to the Company and also by Jiping Chen, a shareholder of the Company.
[4] Collateralized by the building owned by Xiaoyan Chen and Jing Chen, who are both related parties of the Company. Xiaoyan Chen is one of the shareholders of Ankang Longevity Group. Jing Chen is the sister of the Xiaoyan Chen but not a shareholder of Ankang Longevity Group.