Note 9 - Related Party Transactions and Balances	6 Months Ended
Sep. 30, 2017
Notes
Note 9 - Related Party Transactions and Balances	NOTE 9 - RELATED PARTY TRANSACTIONS AND BALANCES Balances: (i) Security deposit to related party: The security deposit - related party of $1,506,728 represents the deposit paid to Shandong Yongchuntang Bioengineering Co. Ltd. ("Shandong Yongchuntang") on January 4, 2017 for using the direct-sales license issued to Shandong Yongchuntang. The amount is non-interest bearing and not secured. Shandong Yongchuntang owns 3% equity of Shandong Spring. (ii) Trade related balance with related party: On September 30, 2017 and March 31, 2017, accounts payable balance of $34,739 and $706,048, respectively pertains to payable in respect of purchase of healthcare products from Shandong Yongchuntang. (iii) Sales to related party: During the three and six months ended September 30, 2017, the Company sold acer truncatum oil product to Shandong Yongchuntang for $130,971. Contingency: The Company is authorized by Shandong Yongchuntang to sell Shandong Yongchuntang's products using the direct-sales license issued to Shandong Yongchuntang. As a condition for using the direct-sales license, the Company needs to make 20% sales increase each year based on the 95% of sales of the year 2014. If the Company cannot meet this sales target in any year from April 1, 2017 to June 30, 2020, the Company needs to pay approximately $1.5 million as an annual fee for using the direct-sales license. There is risk that the Company may fail to meet the sales target and may need to pay approximate $1.5 million in the subsequent years.

Note 9 - Related Party Transactions and Balances

6 Months Ended

Sep. 30, 2017

NOTE 9 - RELATED PARTY TRANSACTIONS AND BALANCES

Balances:

(i) Security deposit to related party:

The security deposit - related party of $1,506,728 represents the deposit paid to Shandong Yongchuntang Bioengineering Co. Ltd. ("Shandong Yongchuntang") on January 4, 2017 for using the direct-sales license issued to Shandong Yongchuntang. The amount is non-interest bearing and not secured. Shandong Yongchuntang owns 3% equity of Shandong Spring.

(ii) Trade related balance with related party:

On September 30, 2017 and March 31, 2017, accounts payable balance of $34,739 and $706,048, respectively pertains to payable in respect of purchase of healthcare products from Shandong Yongchuntang.

(iii) Sales to related party:

During the three and six months ended September 30, 2017, the Company sold acer truncatum oil product to Shandong Yongchuntang for $130,971.

Contingency:

The Company is authorized by Shandong Yongchuntang to sell Shandong Yongchuntang's products using the direct-sales license issued to Shandong Yongchuntang. As a condition for using the direct-sales license, the Company needs to make 20% sales increase each year based on the 95% of sales of the year 2014. If the Company cannot meet this sales target in any year from April 1, 2017 to June 30, 2020, the Company needs to pay approximately $1.5 million as an annual fee for using the direct-sales license. There is risk that the Company may fail to meet the sales target and may need to pay approximate $1.5 million in the subsequent years.