Note 17 - Payable for Purchasing of Software Technology

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

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

17. Payable for purchasing of software technology

As of

December 31, 2017,

payable for purchasing of software technology presented 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 paid the outstanding amount to the counterparty in

March 2018.