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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Aug. 31, 2012
May 31, 2012
Current assets    
Cash and cash equivalents $ 3,250,611 $ 3,520,248
Inventories 22,627 18,385
Accounts receivable 938,225 633,009
Tax recoverable 22,754 22,755
Other receivables and deposits 437,399 383,443
Total current assets 4,671,616 4,577,840
Property, plant and equipment, net 2,207,286 2,367,320
Intangible assets, net 1,652,737 1,680,972
Available-for-sale investment 315,676 315,689
Amount due from a related company 3,338,275 3,261,155
Goodwill 610,386 610,386
Total assets 12,795,976 12,813,362
Current Liabilities    
Deferred income 1,054,510 1,423,566
Accounts payable 1,121,512 715,078
Accrued expenses and other payables 571,158 576,331
Amount due to a related company 77,181 77,128
Taxes payable 490,001 450,700
Total current liabilities 3,314,362 3,242,803
Deferred tax liabilities 30,016 33,604
Total liabilities 3,344,378 3,276,407
Stockholders' equity    
Common stock, US$0.0001 par value , 300,000,000 shares authorized; 282,315,325 shares issued and outstanding 28,232 28,232
Additional paid in capital 7,726,893 7,726,893
Retained earnings 958,131 1,045,811
Accumulated other comprehensive income 738,342 736,019
Total stockholders' equity 9,451,598 9,536,955
Total liabilities and stockholders' equity $ 12,795,976 $ 12,813,362