Quarterly report pursuant to Section 13 or 15(d)

CERTAIN RISKS AND COCENTRATIONS (Tables)

v2.4.0.8
CERTAIN RISKS AND COCENTRATIONS (Tables)
9 Months Ended
Sep. 30, 2014
Risks and Uncertainties [Abstract]  
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]
The following table sets forth information as to each customer that accounted for 10% or more of the Company’s sales for the three and nine months ended September 30, 2014 and 2013.
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
September 30
 
September 30,
 
Customer
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
(As Restated)
 
 
 
 
(As Restated)
 
Shenzhen Western Coast Fisherman Pier Co., Ltd, a related party
 
 
*
 
 
*
 
 
*
 
 
17
%
 
*
Less than 10%.
 
The following table sets forth information as to each supplier that accounted for 10% or more of the Company’s purchases for the three and nine months ended September 30, 2014 and 2013.
 
 
 
Three Months Ended
 
 
Nine Months Ended
 
 
 
September 30
 
 
September 30,
 
Supplier
 
2014
 
 
2013
 
 
2014
 
 
2013
 
 
 
 
(As Restated)
 
 
 
(As Restated)
 
A
 
 
*
 
 
 
31
%
 
 
*
 
 
 
19
%
B
 
 
*
 
 
 
*
 
 
 
*
 
 
 
14
%
C (Hong Long, a related party)
 
 
48
%
 
 
26
%
 
 
47
%
 
 
22
%
D (Hong Fa Shipping Limited, a related party)
 
 
28
%
 
 
*
 
 
 
29
%
 
 
*
 
E (PT. Avona Mina Lestari, a related party)
 
 
13
%
 
 
29
%
 
 
*
 
 
 
35
%
 
*
Less than 10%.