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14. Major Suppliers and Customers
12 Months Ended
Dec. 31, 2016
Risks and Uncertainties [Abstract]  
Major Suppliers and Customers

The Company purchases majority of its inventory and packaging supplies from four suppliers which accounted for 56.87% of the total purchases in year ended December 31, 2016.

 

The Company had two major customers for the year ended December 31, 2016: Ping Xiang Import and Export Company accounted for 46.07% of revenue and Shandong Yibao Biologics for 27.76% of revenue for the year ended December 31, 2016.

 

The Company purchases majority of its inventory and packaging supplies from three suppliers which accounted for 55.27% of the total purchases in year ended December 31, 2015.

 

The Company had one major customer for the year ended December 31, 2015: Ping Xiang Import and Export Company accounted for 64.37% of revenue for the year ended December 31, 2015.