XML 93 R83.htm IDEA: XBRL DOCUMENT v3.20.2
Notes Payable (Details) - USD ($)
Sep. 30, 2020
Mar. 31, 2020
Short-term Debt [Line Items]    
Notes payable [1] $ 23,327,972 $ 26,605,971
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 10/09/19 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Apr. 09, 2020  
Notes payable [1]   3,478,259
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 11/06/19 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] May 06, 2020  
Notes payable [1]   164,582
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 12/05/19 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Jun. 05, 2020  
Notes payable [1]   3,106,474
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 12/31/19 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Jun. 30, 2020  
Notes payable [1]   2,289,308
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 01/06/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Jul. 06, 2020  
Notes payable [1]   129,457
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 02/19/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Aug. 19, 2020  
Notes payable [1]   5,105,096
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 03/31/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Sep. 30, 2020  
Notes payable [1]   1,692,156
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 04/10/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Oct. 10, 2020  
Notes payable [1] $ 3,085,420  
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 04/29/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Oct. 29, 2020  
Notes payable [1] $ 568,293  
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 05/09/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Nov. 09, 2020  
Notes payable [1] $ 3,952,523  
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 06/24/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Dec. 24, 2020  
Notes payable [1] $ 1,461,063  
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 06/30/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Dec. 30, 2020  
Notes payable [1] $ 926,024  
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 11/08/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Feb. 11, 2021  
Notes payable [1] $ 4,185,848  
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 08/31/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Mar. 01, 2021  
Notes payable [1] $ 455,663  
Hangzhou United Bank [Member] | Jiuzhou Pharmacy [Member] | 09/08/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Mar. 08, 2021  
Notes payable [1] $ 3,695,447  
Hangzhou United Bank [Member] | Jiuxin Medicine [Member] | 03/10/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Sep. 10, 2020  
Notes payable [1]   5,324,871
Hangzhou United Bank [Member] | Jiuxin Medicine [Member] | 12/26/19 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Jun. 26, 2020  
Notes payable [1]   1,371,992
Hangzhou United Bank [Member] | Jiuxin Medicine [Member] | 03/31/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Jun. 30, 2020  
Notes payable [1]   $ 3,943,776
Hangzhou United Bank [Member] | Jiuxin Medicine [Member] | 06/30/20 [Member]    
Short-term Debt [Line Items]    
Maturity date [1] Dec. 30, 2020  
Notes payable [1] $ 4,997,691  
[1] As of September 30, 2020, the Company had $23,327,972 (RMB 158,706,646) of notes payable from HUB. The Company is required to hold restricted cash in the amount of $13,359,236 (RMB 90,886,577) with HUB as collateral against these bank notes. Included in the restricted cash is a total of $8,326,870 three-year deposit (RMB 56,650,000) deposited into HUB as a collateral for current and future notes payable from HUB. As of March 31, 2020, the Company had $26,605,971 (RMB 188,677,437) of notes payable from HUB. The Company is required to hold restricted cash in the amount of $14,596,179 (RMB 103,509,456) with HUB as collateral against these bank notes. Included in the restricted cash is a total of $8,763,958 three-year deposit (RMB 62,150,000) deposited into HUB as a collateral for current and future notes payable from HUB.