Quarterly report pursuant to sections 13 or 15(d)

CERTAIN RISKS AND CONCENTRATIONS (Tables)

v2.4.0.8
CERTAIN RISKS AND CONCENTRATIONS (Tables)
9 Months Ended
Sep. 30, 2013
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]
Customers accounting for 10% or more of the Company’s revenues were as follows:
 
 
 
 
 
Merchant Supreme
  
 
 
For the Three Months Ended
September 30,
 
For the Nine Months Ended
September 30,
 
 
 
2013
 
2012
 
2013
 
 
2012
 
 
 
(Unaudited)
 
(Unaudited)
 
(Unaudited)
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fujian Xinnong Ocean Fisheries
    Development Co., Ltd
 
 
-
 
 
-
 
 
-
 
 
 
23
%
Fuzhou Haifeng Dafu Ocean
    Fishing Co., Ltd
 
 
-
 
 
-
 
 
-
 
 
 
12
%
Shenzhen Western Coast Fisherman
    Pier Co., Ltd. (Related Party)
 
 
-
 
 
-
 
 
17
%
 
 
-
 
 
 
 
-
 
 
-
 
 
17
%
 
 
35
%
Schedule Of Purchases From Major Suppliers By Reporting Segments [Table Text Block]
Suppliers accounting for 10% or more of the Company’s total purchases were as follows:
 
 
 
 
 
Merchant Supreme
 
 
 
For the Three Months Ended
September 30,
 
 
For the Nine Months Ended
September 30,
 
 
 
2013
 
 
2012
 
 
2013
 
 
2012
 
 
 
(Unaudited)
 
 
(Unaudited)
 
 
(Unaudited)
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fuzhou Honglong Ocean Fishery
    Co., Ltd (“Hong Long”) (Related Party)
 
 
-
 
 
 
24
%
 
 
-
 
 
 
14
%
PT. Avona Mina Lestari (Related Party)
 
 
37
%
 
 
47
%
 
 
45
%
 
 
32
%
Supplier A
 
 
28
%
 
 
22
%
 
 
24
%
 
 
38
%
 
 
 
65
%
 
 
93
%
 
 
69
%
 
 
84
%