|12 Months Ended|
Dec. 31, 2017
|Subsequent Event [Abstract]|
NOTE 18 – SUBSEQUENT EVENT
On January 24, 2018, the Company’s Board of Directors declared a cash dividend of $0.01 per share to the Company’s common stock shareholders of record on February 6, 2018.
On February 26, 2018, the Sponsor Warrants and the Public Warrants expired.
On March 8, 2018, the Company repaid short-term bank loan of $5,000,000 to China Development Bank in according to loan repayment schedule.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/presentationRef