Payables to Former Subsidiaries

6 Months Ended

Jun. 30, 2017

Payables to Former Subsidiaries [Text Block]

6. Payables to Former Subsidiaries

Payable to former subsidiaries as of December 31, 2016 and June 30, 2017 consisted of the following:

		December 31,		June 30,
		2016		2017
BAK Tianjin	$	194,774	$	230,988
Shenzhen BAK		2,294,085		6,994,958
		2,488,859		7,225,946

Balance as of December 31, 2016 and June 30, 2017 consisted of payables for purchase of inventories from BAK Tianjin and Shenzhen BAK. From time to time, the Company purchased products from these former subsidiaries that they did not produce to meet the needs of its customers.