Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

SHORT-TERM BANK BORROWINGS (Details)

v3.8.0.1
SHORT-TERM BANK BORROWINGS (Details)
12 Months Ended
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2017
CNY (¥)
Sep. 30, 2016
CNY (¥)
Amount $ 21,335,938 $ 21,793,454 ¥ 141,980,000 ¥ 145,385,649
Agricultural Bank Loan One [Member]        
Amount $ 838,530 $ 935,382 ¥ 5,580,000 ¥ 6,240,000
Issuance Date Jan. 13, 2017 Dec. 16, 2015    
Expiration Date Jan. 12, 2018 Dec. 11, 2016    
Interest 5.44% 5.66% 5.44% 5.66%
Agricultural Bank Loan Two [Member]        
Amount $ 1,307,385 $ 374,752 ¥ 8,700,000 ¥ 2,500,000
Issuance Date Jan. 18, 2017 Mar. 17, 2016    
Expiration Date Jan. 17, 2018 Mar. 16, 2017    
Interest 5.66% 4.57% 5.66% 4.57%
Agricultural Bank Loan Three [Member]        
Amount $ 864,076 $ 1,049,307 ¥ 5,750,000 ¥ 7,000,000
Issuance Date Aug. 17, 2017 Apr. 07, 2016    
Expiration Date Aug. 16, 2018 Mar. 26, 2017    
Interest 5.44% 4.12% 5.44% 4.12%
Agricultural Bank Loan Four [Member]        
Amount $ 646,179 $ 331,281 ¥ 4,300,000 ¥ 2,210,000
Issuance Date Aug. 14, 2017 Apr. 12, 2016    
Expiration Date Aug. 13, 2018 Apr. 11, 2017    
Interest 5.44% 4.51% 5.44% 4.51%
Agricultural Bank Loan Five [Member]        
Amount $ 901,646 $ 599,604 ¥ 6,000,000 ¥ 4,000,000
Issuance Date Sep. 22, 2017 Jun. 02, 2016    
Expiration Date Sep. 21, 2018 May 26, 2017    
Interest 5.65% 4.65% 5.65% 4.65%
Agricultural Bank Loan Six [Member]        
Amount $ 930,198 $ 305,798 ¥ 6,190,000 ¥ 2,040,000
Issuance Date Dec. 16, 2016 Jun. 13, 2016    
Expiration Date Dec. 11, 2017 Jun. 11, 2017    
Interest 4.79% 4.65% 4.79% 4.65%
Agricultural Bank Loan Seven [Member]        
Amount $ 1,502,743 $ 404,733 ¥ 10,000,000 ¥ 2,700,000
Issuance Date Jan. 10, 2017 Jun. 16, 2016    
Expiration Date Jan. 09, 2018 Jun. 11, 2017    
Interest 4.79% 4.65% 4.79% 4.65%
Minsheng Bank Loan One [Member]        
Amount $ 653,693 $ 749,505 ¥ 4,350,000 ¥ 5,000,000
Issuance Date Jun. 30, 2017 Mar. 08, 2016    
Expiration Date Jun. 30, 2018 Oct. 19, 2016    
Interest 5.44% 6.70% 5.44% 6.70%
Minsheng Bank Loan Two [Member]        
Amount $ 488,391 $ 524,653 ¥ 3,250,000 ¥ 3,500,000
Issuance Date Jun. 30, 2017 Apr. 16, 2016    
Expiration Date Jun. 30, 2018 Apr. 11, 2017    
Interest 5.44% 5.00% 5.44% 5.00%
Xingye Bank Loan One [Member]        
Amount $ 976,783   ¥ 6,500,000  
Issuance Date Sep. 04, 2017      
Expiration Date Dec. 04, 2017      
Interest [1] 6.50%   6.50%  
Zhejiang Commerce Bank Loan One [Member]        
Amount $ 901,646 $ 299,802 ¥ 6,000,000 ¥ 2,000,000
Issuance Date Jul. 27, 2017 Feb. 05, 2016    
Expiration Date Apr. 20, 2018 Feb. 04, 2017    
Interest 7.50% 6.00% 7.50% 6.00%
Zhejiang Commerce Bank Loan Two [Member]        
Amount $ 225,411 $ 224,851 ¥ 1,500,000 ¥ 1,500,000
Issuance Date Jul. 28, 2017 Feb. 05, 2016    
Expiration Date Apr. 20, 2018 Feb. 04, 2017    
Interest 7.50% 6.00% 7.50% 6.00%
Bank OF China Loan One [Member]        
Amount $ 1,284,845 $ 1,948,713 ¥ 8,550,000 ¥ 13,000,000
Issuance Date Apr. 10, 2017 Aug. 26, 2016    
Expiration Date Mar. 29, 2018 Apr. 08, 2017    
Interest 4.79% 4.79% 4.79% 4.79%
Xingye Bank Loan Two [Member]        
Amount $ 976,783   ¥ 6,500,000  
Issuance Date Sep. 05, 2017      
Expiration Date Dec. 20, 2017      
Interest [1] 6.50%   6.50%  
Zhejiang Commerce Bank Loan Three [Member]        
Amount $ 1,577,880 $ 224,851 ¥ 10,500,000 ¥ 1,500,000
Issuance Date Jul. 28, 2017 Feb. 06, 2016    
Expiration Date Apr. 20, 2018 Feb. 05, 2017    
Interest 7.50% 6.00% 7.50% 6.00%
Pingan Bank Loan [Member]        
Amount $ 1,196,183 $ 1,199,210 ¥ 7,960,000 ¥ 8,000,000
Issuance Date Sep. 27, 2017 Mar. 03, 2016    
Expiration Date Sep. 25, 2018 Mar. 03, 2017    
Interest 6.09% [1] 5.22% 6.09% [1] 5.22%
China Merchants Bank Loan One [Member]        
Amount $ 811,481   ¥ 5,400,000  
Issuance Date Dec. 20, 2016      
Expiration Date Dec. 11, 2017      
Interest 5.44%   5.44%  
China Merchants Bank Loan Two [Member]        
Amount $ 900,143   ¥ 5,990,000  
Issuance Date Dec. 20, 2016      
Expiration Date Dec. 11, 2017      
Interest 5.44%   5.44%  
China Merchants Bank Loan Three [Member]        
Amount $ 751,371   ¥ 5,000,000  
Issuance Date Dec. 20, 2016      
Expiration Date Dec. 11, 2017      
Interest 5.44%   5.44%  
China Merchants Bank Loan Four [Member]        
Amount $ 61,612   ¥ 410,000  
Issuance Date Dec. 22, 2016      
Expiration Date Dec. 11, 2017      
Interest 5.52%   5.52%  
Bank OF China Loan Two [Member]        
Amount $ 223,909   ¥ 1,490,000  
Issuance Date Apr. 10, 2017      
Expiration Date Mar. 29, 2018      
Interest 4.79%   4.79%  
Bank OF China Loan Three [Member]        
Amount $ 414,757   ¥ 2,760,000  
Issuance Date Apr. 10, 2017      
Expiration Date Mar. 29, 2018      
Interest 4.79%   4.79%  
Xingye Bank Loan Three [Member]        
Amount $ 751,371   ¥ 5,000,000  
Issuance Date Sep. 06, 2017      
Expiration Date Dec. 14, 2017      
Interest [1] 6.50%   6.50%  
Agricultural Bank Loan Eight [Member]        
Amount   $ 861,931   ¥ 5,750,000
Issuance Date   Aug. 26, 2016    
Expiration Date   Aug. 16, 2017    
Interest   5.22%   5.22%
Agricultural Bank Loan Nine [Member]        
Amount   $ 644,574   ¥ 4,300,000
Issuance Date   Sep. 09, 2016    
Expiration Date   Jul. 26, 2017    
Interest   5.06%   5.06%
Agricultural Bank Loan Ten [Member]        
Amount   $ 899,406   ¥ 6,000,000
Issuance Date   Sep. 22, 2016    
Expiration Date   Sep. 21, 2017    
Interest   5.00%   5.00%
CMBC Loan One [Member]        
Amount   $ 1,139,248   ¥ 7,600,000
Issuance Date   May 25, 2016    
Expiration Date   Nov. 22, 2016    
Interest   5.44%   5.44%
CMBC Loan Two [Member]        
Amount   $ 809,465   ¥ 5,400,000
Issuance Date   Jun. 15, 2016    
Expiration Date   Nov. 22, 2016    
Interest   5.66%   5.66%
CMBC Loan Three [Member]        
Amount   $ 749,505   ¥ 5,000,000
Issuance Date   Jun. 17, 2016    
Expiration Date   Nov. 22, 2016    
Interest   5.66%   5.66%
Zhejiang Commerce Bank Loan Four [Member]        
Amount   $ 749,505   ¥ 5,000,000
Issuance Date   Mar. 02, 2016    
Expiration Date   Mar. 01, 2017    
Interest   6.00%   6.00%
Zhejiang Commerce Bank Loan Five [Member]        
Amount   $ 749,505   ¥ 5,000,000
Issuance Date   Mar. 07, 2016    
Expiration Date   Mar. 06, 2017    
Interest   6.00%   6.00%
Zhejiang Commerce Bank Loan Six [Member]        
Amount   $ 749,505   ¥ 5,000,000
Issuance Date   Mar. 09, 2016    
Expiration Date   Mar. 08, 2017    
Interest   6.00%   6.00%
Industrial Bank Loan One [Member]        
Amount   $ 971,549   ¥ 6,481,268
Issuance Date   Sep. 25, 2015    
Expiration Date [2]   Sep. 23, 2016    
Interest   7.00%   7.00%
Industrial Bank Loan Two [Member]        
Amount   $ 974,356   ¥ 6,500,000
Issuance Date   Sep. 25, 2015    
Expiration Date [2]   Sep. 25, 2016    
Interest   7.00%   7.00%
Minsheng Bank Loan Three [Member]        
Amount   $ 809,465   ¥ 5,400,000
Issuance Date   Apr. 08, 2016    
Expiration Date   Apr. 08, 2017    
Interest   5.00%   5.00%
Agricultural Bank Loan Eleven [Member]        
Amount   $ 294,463   ¥ 1,964,381
Issuance Date   Dec. 31, 2015    
Expiration Date [2]   Sep. 11, 2016    
Interest   5.79%   5.79%
Bank of Communications Loan One [Member]        
Amount $ 450,823 $ 749,505 ¥ 3,000,000 ¥ 5,000,000
Issuance Date May 10, 2017 May 20, 2016    
Expiration Date Nov. 13, 2017 May 20, 2017    
Interest 7.60% 6.53% 7.60% 6.53%
Bank of Communications Loan Two [Member]        
Amount $ 450,823 $ 749,505 ¥ 3,000,000 ¥ 5,000,000
Issuance Date Apr. 18, 2017 May 23, 2016    
Expiration Date Nov. 13, 2017 May 23, 2017    
Interest 7.12% 7.60% 7.12% 7.60%
Bank of Communications Loan Three [Member]        
Amount $ 450,823 $ 719,525 ¥ 3,000,000 ¥ 4,800,000
Issuance Date Apr. 14, 2017 May 24, 2016    
Expiration Date Nov. 13, 2017 May 24, 2017    
Interest 6.30% 7.60% 6.30% 7.60%
Bank of Communications Loan Four [Member]        
Amount $ 450,823   ¥ 3,000,000  
Issuance Date Apr. 19, 2017      
Expiration Date Nov. 13, 2017      
Interest 7.60%   7.60%  
Bank of Communications Loan Five [Member]        
Amount $ 345,630   ¥ 2,300,000  
Issuance Date May 11, 2017      
Expiration Date Nov. 13, 2017      
Interest 7.60%   7.60%  
[1] These short-term borrowings were subject to variable interest rates, which are determined by the issuing banks with prime rate plus 1.79 - 2.2% on monthly or quarterly basis. The variable interest rates quoted in the table above were effective for the period ended September 30, 2017.
[2] The Company paid off these short-term bank borrowings in October 2016.