XML 47 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Construction Loan Facility (Details Textual)
1 Months Ended 6 Months Ended
Jul. 31, 2017
USD ($)
Jul. 31, 2017
CNY (¥)
Jun. 30, 2017
USD ($)
Jul. 31, 2017
CNY (¥)
Jun. 30, 2017
CNY (¥)
Jun. 21, 2013
USD ($)
Jun. 21, 2013
CNY (¥)
Construction Loan Facility (Textual)              
Construction loan amount           $ 13,000,000 ¥ 80,000,000
Description of loan interest rates     The loan bears weighted interest at 5.73%, based upon 110% of the PRC government's eight-year term rate effective on the actual draw-down date, subject to annual adjustments based on 110% of the floating rate for the same type of loan on the anniversary from the draw-down date and its subsequent anniversary dates. On July 10, 2015 the interest rate was adjusted to 5.94% and on July 10, 2016 the rate was further adjusted to 5.39%. The loan required interest only payments for the first two years. Beginning July 11, 2015, the balance of the principal is due in at least two (2) annual installments with the first annual payment being due within the six-month period after July 10, 2015 and the second annual payment being due July 10, 2016 and each following year over the next five years through July 11, 2022 on the identical terms as described above for 2015.        
Principal amount     $ 145,000   ¥ 1,000,000    
Subsequent Event [Member]              
Construction Loan Facility (Textual)              
Principal amount $ 1,320,000     ¥ 9,000,000      
Required payment of loans $ 1,320,000 ¥ 9,000,000