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MAJOR CUSTOMER AND VENDOR
12 Months Ended
Mar. 31, 2012
MAJOR CUSTOMER AND VENDOR

NOTE 7 - MAJOR CUSTOMER AND VENDOR

 

In the year ended March 31, 2012, the Company mainly sells products to individual retail customers through eight major distributors.

 

The Company purchases its products from Shandong Yong Chun Tang (“Shandong YCT”) according to the contract signed on December 26, 2006 between the Company and Shandong Yuan Chun Tang. For the year ended March 31, 2012, the purchase from the three major vendors, including Shandong YCT, was $17,315,268, representing 99.5% of the Company’s annual total purchase.

 

Shandong Kangyuan   $ 7,644,166  
         
Shandong YCT   $ 6,548,216  
         
Shandong Yongfeng   $ 3,122,886  
         
Total   $ 17,315,268