2.4.0.81010 - Disclosure - Organization and Principal Activitiestruefalsefalse1falsefalsefalseeol_PE5554----1320-F0004_STD_365_20130331_0http://www.sec.gov/CIK0001057708duration2012-04-01T00:00:002013-03-31T00:00:001true1us-gaap_AccountingPoliciesAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false2us-gaap_NatureOfOperationsus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div>
<table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">1.</font></td>
<td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">ORGANIZATION AND PRINCIPAL
ACTIVITIES</font></td>
</tr>
</table>
<p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%">
<font style="FONT-FAMILY: Times New Roman" size="2">Global-Tech
Advanced Innovations Inc. (“Global-Tech”) (formerly
known as Global-Tech Appliances Inc.) is primarily an investment
holding company, which was incorporated in the British Virgin
Islands on May 2, 1991. Global-Tech and its subsidiaries
(hereinafter collectively referred to as the “Company”)
is primarily a manufacturer of consumer electrical products,
including, but not limited to electronic and optical components,
and is also involved in the assembly of cellular phones. The
Company’s manufacturing operation is located in Dongguan, the
People’s Republic of China (the “PRC”). The
Company’s products are primarily sold to customers located in
the PRC.</font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%">
<font style="FONT-FAMILY: Times New Roman" size="2">Effective
December 10, 2008, Global-Tech’s common stock was no
longer traded on the New York Stock Exchange and commenced trading
on the Nasdaq Capital Market (“Nasdaq”) under the
symbol “GAI”. Global-Tech also changed its name to
“Global-Tech Advanced Innovations Inc.”, effective as
of the close of business on December 10, 2008.</font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%">
<font style="FONT-FAMILY: Times New Roman" size="2">To satisfy the
minimum bid price requirement of Nasdaq, Global-Tech’s Board
of Directors authorized an amendment to Global-Tech’s
Memorandum of Association to effect a 4-for-1 reverse stock split
of the issued and outstanding shares of common stock of
Global-Tech, effective as of the close of business on
December 10, 2008 (the “Effective Date”).
Global-Tech also proportionally reduced the authorized number of
its common and preferred stock by four to 12,500,000 and 250,000,
respectively. These financial statements present common stock,
preferred stock and share option information to reflect the
above-mentioned reverse stock split on a retroactive
basis.</font></p>
</div>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for the nature of an entity's business, the major products or services it sells or provides and its principal markets, including the locations of those markets. If the entity operates in more than one business, the disclosure also indicates the relative importance of its operations in each business and the basis for the determination (for example, assets, revenues, or earnings).Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6003-108592
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 94-6
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
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