Note 16 - Payable For Purchasing of Software Technology

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

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

16. Payable for purchasing of software technology

Payable for purchasing of software technology as of

September 30, 2017

and

December 31, 2016

represented the remaining outstanding payment balance of approximately

RMB2.85

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.