Quarterly report pursuant to Section 13 or 15(d)

Description of Business and Organization (Tables)

v3.10.0.1
Description of Business and Organization (Tables)
6 Months Ended
Jun. 30, 2018
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 Co., Ltd. 
(Merchant Supreme”)
  BVI, 
June 25, 2012
  100% held by PME   Intermediate holding company
             
Prime Cheer Corporation Ltd. 
(“Prime Cheer”)
  Hong Kong, 
May 3, 2012
  100% held by Merchant Supreme   Intermediate holding company
             
Pingtan Guansheng Ocean Fishing Co., Ltd. 
(“Pingtan Guansheng”)
  PRC, 
October 12, 2012
  100% held by Prime Cheer   Intermediate holding company
             
Fujian Heyue Marine Fishing Development Co., Ltd. 
(“Fujian Heyue”)
  PRC, 
January 27, 2015
  100% held by Pingtan Guansheng   Intermediate holding company
             
Fujian Provincial Pingtan County Fishing Group Co., Ltd. 
(“Pingtan Fishing”)
  PRC, 
February 27, 1998
  92% held by Fujian Heyue   Oceanic fishing
             
Pingtan Dingxin Fishing Information Consulting Co., Ltd. 
(“Pingtan Dingxin”)
  PRC, 
October 23, 2012
  100% held by Pingtan Fishing   Dormant
             
Pingtan Duoying Fishing Information Consulting Co., Ltd. 
(“Pingtan Duoying”)
  PRC, 
October 23, 2012
  100% held by Pingtan Fishing   Dormant
             
 Pingtan Ruiying Fishing Information Consulting Co., Ltd. 
(“Pingtan Ruiying”)
  PRC, 
October 23, 2012
  100% held by Pingtan Fishing   Dormant
             
Pingtan Yikang Global Fishery Co., Ltd. 
(“Yikang Fishery”)
  PRC, 
September 14, 2017
  100% held by Pingtan Fishing   Dormant
             
Pingtan Shinsilkroad Fishery Co., Ltd. 
(“Shinsilkroad Fishery”)
  PRC, 
September 14, 2017
  100% held by Pingtan Fishing   Dormant
             
Fuzhou Howcious Investment Co., Ltd 
(“Howcious Investment”)
  PRC, 
September 5, 2017
  100% held by Pingtan Fishing   Dormant
             
Fuzhou Howcious Restaurant Management Co., Ltd 
(“Howcious Management”)
  PRC, 
August 16, 2017
  100% held by Pingtan Fishing   Dormant
             
Pingtan Ocean Fishery Co., Ltd 
(“Ocean Fishery”)
  PRC, 
July 21, 2017
  100% held by Pingtan Fishing   Dormant