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Related Party Transactions
9 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 8. RELATED PARTY TRANSACTIONS

 

Amounts due to related parties

 

Amounts due to related parties consisted of the following as of the periods indicated:

 

   December 31,   March 31, 
   2019   2019 
    (Unaudited)      
Hao Shuping  $45,612   $47,489 
Shen Zhenai   37,055    9,952 
Lou Zhengui   31,793    34,866 
Xun Jianjun   22,253      
   $136,713   $92,307 

 

Hao Shuping is the main shareholder of the Company, Shen Zhenai is the President, Chairman of the Board, director and shareholder of the Company, and Xun Jianjun is the CEO and shareholder of the Company. These advances represent temporary borrowings for operating costs between the Company and management. They are non-interest bearing and due on demand.

 

Lou Zhengui is the principal manager of Lvxin, also a minority shareholder of Lvxin and Organic Agriculture. The balance represents advances for expenses paid to suppliers by Lou Zhengui. The balance is non-interest bearing and due on demand.