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Parent Company Only Condensed Financial Information: Condensed Balance Sheet (Tables)
12 Months Ended
Nov. 30, 2015
Tables/Schedules  
Condensed Balance Sheet

 

ASSETS

 

November 30,

2015

 

November 30,

2014

 

 

 

 

 

 

 

 

 

 

Investments in subsidiaries and VIE

$

8,977,483

$

3,026,966

 

 

 

 

 

TOTAL ASSETS

$

8,977,483

$

3,026,966

 

 

 

 

 

LIABILITIES AND stockholders’

 EQUITY

 

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

Accrued expenses

$

33,375

$

-

Stockholder loans

 

156,866

 

6,417

 

 

 

 

 

Total current liabilities

 

190,241

 

6,417

 

 

 

 

 

Stockholders’ equity:

 

 

 

 

Common stock, $0.001 par value, 75,000,000 shares authorized, 45,500,000 shares issued and outstanding as of November 30, 2015 and 35,000,000 shares issued and outstanding as of November 30, 2014)

 

45,500

 

35,500

 Additional paid-in capital

 

6,525,743

 

1,539,275

 Statutory reserve fund

 

281,766

 

144,454

 Other comprehensive (loss) income

 

(252,022)

 

62,998

 Retained earnings

 

2,186,255

 

1,238,321

 

 

 

 

 

Total stockholder’s equity

 

8,787,242

 

3,020,549

 

 

 

 

 

TOTAL LIABILITIES AND

    STOCKHOLDERS’ EQUITY

$

8,977,483

$

3,026,966