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Subsequent Events
 9 Months Ended
Sep. 30, 2015
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
NOTE 12SUBSEQUENT EVENTS

 

In accordance with ASC Topic 855-10, the company has analyzed its operations subsequent to September 30, 2015 to the date these financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these financial statements, other than noted herein.

 

On October 16, 2015, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of $34,615 (RMB220,000). The loan is interest free and unsecured with a loan period from October 13, 2015 to October 12, 2016. This loan is solely for the operation of Guangdong Xingbang.

 

On October 12, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of $143,181 (RMB910,000). The loan is interest free and unsecured with a loan period from October 9, 2015 to October 8, 2016. This loan is solely for the operation of Xinyu Xingbang.