SHORT-TERM BANK BORROWINGS
|12 Months Ended|
Sep. 30, 2018
|Debt Disclosure [Abstract]|
|Short-term Debt [Text Block]||
NOTE 11 – SHORT-TERM BANK BORROWINGS
Short-term bank borrowings consisted of the following at September 30, 2018:
The Company’s short-term bank borrowings are pledged by its assets as listed below, and guaranteed by the Company’s major shareholders: HUANG Jian Cong, WANG Jian Di, WANG Guo Lin, WANG Min Jie, and WANG Yang Ming, and their immediate family members.
The carrying values of the Company's pledged assets to secure short-term borrowings by the Company are as follows:
Short-term bank borrowings consisted of the following at September 30, 2017:
* These short-term borrowings were subject to variable interest rates.
The entire disclosure for short-term debt.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef