Note 17 - Payable for Purchasing of Software Technology

3 Months Ended

Mar. 31, 2015

Accounts Payable And Accrued Liabilities For Software Disclosure [Abstract]

Accounts Payable And Accrued Liabilities For Software Disclosure [Text Block]

17.   Payable for purchasing of software technology

Payable for purchasing of software technology as of March 31, 2015 represented the outstanding balance payment of approximately RMB15.29 million (approximately US$2.5 million) for purchasing of software technology, which transaction consummated in December 2014. As of the date hereof, the Company has made an additional payment of RMB5,000,000 (approximately US$0.8 million) subsequently to the counter party. In accordance with the agreement signed between the Company and the counter party, the remaining unpaid balance will be paid before July 31, 2015.