Annual report pursuant to Section 13 and 15(d)

Description of Business and Organization (Tables)

v2.4.1.9
Description of Business and Organization (Tables)
12 Months Ended
Dec. 31, 2014
Description of Business and Organization [Abstract]  
Schedule of Subsidiary and Variable Interest Entity

Name of subsidiaries   Place and date of
incorporation
  Percentage of ownership   Principal activities
             
Merchant Supreme   BVI,   100% held by PME   Intermediate holding company
Co., Ltd. (“Merchant Supreme”)   June 25, 2012        
             
Prime Cheer   Hong Kong,   100% held by Merchant   Intermediate holding company
Corporation Ltd. (“Prime Cheer”)   May 3, 2012   Supreme    
             
Pingtan Guansheng   PRC,   100% held by Prime Cheer   Intermediate holding company
Ocean Fishing Co., Ltd. ("Pingtan Guansheng")   October 12, 2012