Note 16 - Payable for Purchasing of Software Technology

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

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

16. 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.