Loans (Tables)

3 Months Ended

Mar. 31, 2018

SCHEDULE OF DEBT [Table Text Block]

		December 31, 2017		March 31, 2018
Long-term bank borrowings	$	19,489,702	$	20,206,205

SCHEDULE OF FACILITIES SECURED BY THE COMPANY'S ASSETS [Table Text Block]

		December 31, 2017		March 31, 2018
Pledged deposits (note 2)	$	7,808,329	$	9,134,019
Prepaid land use rights (note 9)		8,044,935		8,295,931
Buildings		18,391,993		18,781,963
Machinery and equipment		2,374,748		2,359,392
Bills receivable (note 3)		19,047,471		10,564,411
	$	55,667,476	$	49,135,716

SCHEDULE OF ADVANCE FROM RELATED PARTIES [Table Text Block]

			December 31,		March 31,
	Note		2017		2018
Advance from related parties
– Tianjin BAK New Energy Research Institute Co., Ltd (“Tianjin New Energy”)	(a)	$	11,493,437	$	14,465,652
– Mr. Xiangqian Li, the Company’s Former CEO	(b)		100,000		100,000
– Mr. Yunfei Li, the Company’s CEO	(c)		-		127,484
– Shareholders	(d)		2,151,860		2,230,969
			13,745,297		16,924,105
Advances from unrelated third party
– Mr. Wenwu Yu	(e)		155,215		160,921
– Mr. Mingzhe Li	(e)		44,269		45,896
– Ms. Longqian Peng	(e)		691,669		717,097
			891,153		923,914
		$	14,636,450	$	17,848,019