Note 15 - Payable For Purchasing of Software Technology

3 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Accounts Payable and Accrued Liabilities for Software Disclosure [Text Block]

15. Payable for purchasing of software technology

Payable for purchasing of software technology as of

March

31,

2017

and

December

31,

2016

represented the remaining outstanding payment balance of approximately

RMB

2.85

million (approximately

US$

0.4

million) for purchasing of software technology, which transaction consummated in the

fourth

fiscal quarter of

2016.

The Company expects to settle the balance with the counter party within

2017.