Related party balance and transaction (Tables)

6 Months Ended

Jun. 30, 2018

Related party balance

	June 30,		December 31,
	2018		2017
	(Unaudited)
	$		$
Accounts receivable		431,508		632,704
Other receivable		812		533,134
Amount due from a related party- GZ Highpower		432,320		1,165,838

Other payable-investment (1)		423,236		-
Amount due to a related party- V-power		423,236		-

(1) The Company signed an investment agreement with an aggregate amount of RMB4.9 million (approximately $0.7 million) in investing for 49% of the equity interest of V-power which was set up on March 1, 2018. On April 28, 2018, the Company injected RMB2.1million (approximately $0.3 million) to V-power, and the unpaid amount was recorded as amount due to a related party. (See Note 7)

Related party transaction

	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018		2017
	(Unaudited)		(Unaudited)		(Unaudited)		(Unaudited)
	$		$		$		$
Income:
Sales
-GZ Highpower		433,147		-		658,934		-
-Yipeng		-		1,422,533		-		2,046,856
Rental income- Yipeng		-		7,012		-		18,311

Expenses:
Equipment rental fee- Yipeng		-		162,927		-		325,229

Repayment:
Other receivable- GZ Highpower		-		-		543,447		-