XML 61 R23.htm IDEA: XBRL DOCUMENT v2.4.1.9
Summary of Significant Accounting Policies and Organization (Tables)
12 Months Ended
Dec. 31, 2014
Summary of Significant Accounting Policies and Organization [Abstract]  
Summary of property and equipment estimated useful lives

Leasehold improvements10 years (or the lease term, if shorter)
Motor vehicles  5 years
Office equipment 5 years

 

Summary of carrying amount of financial instruments

  2014  2013 
Financial assets:      
Cash and cash equivalents $198,744  $284,001 
Other current assets  117,035   15,853 
Financial Liabilities:        
Other payables and accrued expenses  1,622,263   574,870 
Due to stockholders  1,611,708   1,836,232 
Due to related companies  5,173,317   2,098,552 

 

Summary of foreign currency transactions exchange rates used to translate amounts

  December 31, 
2014
 December 31, 
2013
Balance sheet items, except for share capital, additional paid-in capital and retained earnings as of year ended 

US$1=HK$7.8

=RMB6.2046

 

US$1=HK$7.8

=RMB6.0537

     
Amounts included in the statements of operations and cash flows for the year 

US$1=HK$7.8

=RMB6.1620

 

US$1=HK$7.8

=RMB6.1478