China Xingbang Industry 10-Q 14 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 14, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	China Xingbang Industry Group Inc.
Entity Central Index Key	1,521,222
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		81,244,000

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 55,078	$ 198,744
Accounts receivable, net	16,129	16,117
Prepaid expenses and other current assets	1,212,707	262,668
Total Current Assets	1,283,914	477,529
PROPERTY AND EQUIPMENT, NET	828,499	703,951
TOTAL ASSETS	2,112,413	1,181,480
CURRENT LIABILITIES
Deferred revenue	53,200	53,161
Other payables and accrued expenses	2,994,901	1,622,263
Due to a stockholder	1,612,904	1,611,708
Due to related companies	9,456,357	5,173,317
Total Current Liabilities	$ 14,117,362	$ 8,460,449
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' DEFICIT
Preferred stock ($0.001 par value, 60,000,000 shares authorized, no shares issued as of June 30, 2015 and December 31, 2014)
Common stock ($0.001 par value, 300,000,000 shares authorized, 81,244,000 shares issued and outstanding as of June 30, 2015 and December 31, 2014)	$ 81,244	$ 81,244
Additional paid-in capital	959,330	959,330
Unappropriated accumulated deficits	(13,206,439)	(8,500,442)
Appropriated retained earnings	72,493	72,493
Accumulated other comprehensive income	88,423	108,406
Total Stockholders' Deficit	(12,004,949)	(7,278,969)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 2,112,413	$ 1,181,480

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Balance Sheets [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	60,000,000	60,000,000
Preferred stock, shares issued
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	81,244,000	81,244,000
Common stock, shares outstanding	81,244,000	81,244,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
REVENUE
E-commerce	$ 183,653	$ 1,358	$ 227,489	$ 2,642
Total revenue	183,653	1,358	227,489	2,642
COST OF REVENUE
E-commerce	1,354,903	246,346	2,203,437	430,806
Total cost of revenue	1,354,903	246,346	2,203,437	430,806
GROSS LOSS	(1,171,250)	(244,988)	(1,975,948)	(428,164)
OPERATING EXPENSES
Selling expenses	1,165,456	195,677	1,892,727	333,021
General and administrative expenses	378,046	251,087	750,236	429,110
Depreciation - property and equipment	44,947	25,062	85,018	47,385
Total Operating Expenses	1,588,449	471,826	2,727,981	809,516
NET LOSS FROM OPERATIONS	(2,759,699)	(716,814)	(4,703,929)	(1,237,680)
OTHER (EXPENSES) INCOME, NET
Interest income	171	$ 552	439	706
Other income	717		1,534	185
Other expenses	(1,530)	$ (1,027)	(2,391)	(1,362)
(Loss) gain on disposal of property and equipment	(1,243)	(1,898)	(1,650)	618
Total Other (Expenses) Income, net	(1,885)	(2,373)	(2,068)	147
NET LOSS	(2,761,584)	(719,187)	(4,705,997)	(1,237,533)
OTHER COMPREHENSIVE (LOSS) INCOME
Foreign currency translation (loss) gain	(1,834)	(10,745)	(19,983)	100,504
TOTAL COMPREHENSIVE LOSS	$ (2,763,418)	$ (729,932)	$ (4,725,980)	$ (1,137,029)
Net loss per share - basic and diluted	$ (0.03)	$ (0.01)	$ (0.06)	$ (0.01)
Weighted average number of shares outstanding during the period - basic and diluted	81,244,000	81,244,000	81,244,000	81,244,000

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (4,705,997)	$ (1,237,533)
Adjusted to reconcile net loss to net cash used in operating activities:
Depreciation - property and equipment	85,018	47,385
Loss (gain) on disposal of property and equipment	1,650	(618)
Increase in:
Prepaid expenses and other current assets	(946,895)	(78,008)
Increase (decrease) in:
Other payables and accrued expenses	1,367,117	$ (8,853)
Accrued rent payable to a related company	16,401
Net cash used in operating activities	(4,182,706)	$ (1,277,627)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(210,733)	(143,395)
Proceeds from disposals of property and equipment	423	3,496
Net cash used in investing activities	(210,310)	(139,899)
CASH FLOWS FROM FINANCING ACTIVITIES
Advances from related companies, net	$ 4,282,567	1,900,037
Due to stockholders		(134,235)
Net cash provided by financing activities	$ 4,282,567	1,765,802
EFFECT OF EXCHANGE RATES ON CASH	(33,217)	(10,165)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(143,666)	338,111
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	198,744	284,001
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 55,078	$ 622,112
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for interest expenses
Cash paid for income tax

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Basis of Presentation [Abstract]
BASIS OF PRESENTATION	NOTE 1 BASIS OF PRESENTATION The accompanying unaudited condensed consolidated group financial statements of China Xingbang Industry Group Inc. ("China Xingbang" or the “Company”), its subsidiaries and variable interest entities (“VIEs”) (collectively the “Group”) have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and footnotes required by GAAP for complete audited financial statements. Unless otherwise specified, all amounts set out in the condensed consolidated financial statements are expressed in US Dollars. In the opinion of management, the unaudited condensed consolidated financial statements contain all adjustments consisting only of normal recurring accruals considered necessary to present fairly the Company's consolidated financial position as of June 30, 2015, the results of operations and comprehensive loss for the three and six months ended June 30, 2015 and 2014 and condensed consolidated statements of cash flows for the six months ended June 30, 2015 and 2014. The consolidated results for the three and six months ended June 30, 2015 are not necessarily indicative of the results to be expected for a full year. These financial statements should be read in conjunction with the audited consolidated financial statements and footnotes of the Company for the year ended December 31, 2014.

Going Concern

Going Concern	6 Months Ended
	Jun. 30, 2015
Going Concern [Abstract]
GOING CONCERN	NOTE 2 GOING CONCERN The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company’s operations resulted in a net loss of $4,705,997 and used cash in operations of $4,182,706 for the six months ended June 30, 2015. As of June 30, 2015, the Company had an unappropriated accumulated deficit of $13,206,439 and a working capital deficiency of $12,833,447. In the course of its development activities, the Company continues to sustain losses. The Company expects to finance its operations primarily through capital contributions from stockholders and its affiliates. The Company borrowed from related companies a net amount of $4,282,567 during the first and second quarters of 2015, and the related parties agreed to lend more funds to the Company as needed for management to execute its business plan for at least the next twelve months. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s continuation as a going concern is dependent on its ability to meet its obligations, to obtain additional financing as may be required until such time as it can generate sources of recurring revenues and to ultimately attain profitability when the Company’s e-commerce business is fully developed. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Organization

Organization	6 Months Ended
	Jun. 30, 2015
Organization [Abstract]
ORGANIZATION	NOTE 3 ORGANIZATION The Company was incorporated in Nevada on April 12, 2011 as a holding company. Xing Bang Industry Group Limited (“Xingbang BVI”) was incorporated in the British Virgin Islands (“BVI”) on March 24, 2011 as a holding company and is wholly owned by China Xingbang. China Group Purchase Alliance Limited (“Xingbang HK”) was incorporated in Hong Kong on August 5, 2008 as a holding company and is wholly owned by Xingbang BVI. Xingbang HK established Guangzhou Xingbang Information Consulting Co., Ltd., a wholly foreign owned enterprise (the “WFOE”), on May 12, 2011 in the People’s Republic of China (“PRC”) to provide consulting, investment and technical services to Guangdong Xingbang Industry Information & Media Co., Ltd. (“Guangdong Xingbang”). Guangdong Xingbang was incorporated in the PRC on January 17, 2005 as a limited liability company. Guangdong Xingbang is a print media advertising operator serving the home furnishing industry in the PRC. Guangdong Xingbang also provides marketing consulting service to clients in the home furnishing industry and local government in the PRC. Starting from August 2011, Guangdong Xingbang began to provide e-commerce services, namely B2B2C (Business-to-Business-to-Consumer), to manufacturers and distributors, and brick-and-mortar stores located in different parts of the PRC through an e-commerce platform, referred to as ju51 Mall, developed by Guangdong Xingbang. Xinyu Xingbang Information Industry Co., Ltd (“Xinyu Xingbang”) was incorporated in the PRC on June 11, 2012 and took over business operations of Guangdong Xingbang. Pursuant to the Articles of Association of Xinyu Xingbang, Guangdong Xingbang and the WFOE each invested $787,030 (RMB 5,000,000) in Xinyu Xingbang and each owns 50% of the equity interest of Xinyu Xingbang. Under the Xinyu Xingbang Articles of Association, the WFOE is entitled to appoint the sole director and all members of the management team of Xinyu Xingbang and the WFOE is entitled to receive 99.99% of Xinyu Xingbang’s net profit. Based on the relevant PRC regulations, an Internet Content Provider license, or ICP license, issued by the Chinese Ministry of Industry and Information Technology, is required for Xinyu Xingbang to conduct business as currently contemplated. In order to be granted the ICP license, foreign investor’s ownership of Xinyu Xingbang cannot exceed 50%. Xinyu Xingbang obtained its ICP license in February 2013. Guangdong Xingbang will gradually wind down its operations and Xinyu Xingbang will carry out Guangdong Xingbang’s business except that Guangdong Xingbang will fulfill its contractual obligations under the existing customer contracts. On June 30, 2012, Guangdong Xingbang granted an exclusive license to Xinyu Xingbang to permit Xinyu Xingbang to use the trademark, domain names, intellectual property rights and any know-how Guangdong Xingbang owns for the period from July 1, 2012 to June 30, 2022. Guangdong Xingbang also assigned the management right and right to receive revenue from the ju51 Mall to Xinyu Xingbang. Guangdong Xingbang will continue its corporate existence to hold the equity interest in Xinyu Xingbang for the same period. Pursuant to (i) a series of contractual arrangements between the WFOE, Guangdong Xingbang and all the stockholders of Guangdong Xingbang, (ii) the share exchange agreement between China Xingbang, Xingbang BVI and all the stockholders of Xingbang BVI, and (iii) the WFOE’s 50% equity ownership of Xinyu Xingbang, the results of all these entities are consolidated together. Since they are under common control, the contractual arrangements and share exchange were accounted for as a reorganization of entities under common control. The Company accounts for its VIEs in accordance with ASC 810, which requires the consolidation of VIEs in which a company has both the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and the obligation to absorb losses or the right to receive the benefits from the VIE that could potentially be significant to the VIE. The Company assesses all newly created entities and those with which the Company becomes involved to determine whether such entities are VIEs and, if so, whether or not the Company is their primary beneficiary. As required by ASC 810-10, the Company performs a qualitative assessment to determine whether the Company remains the primary beneficiary of Guangdong Xingbang, which also owns 50% of Xinyu Xingbang. A qualitative assessment begins with an understanding of the nature of the risks in the entity as well as the nature of the entity’s activities including terms of the contracts entered into by the entity, ownership interests issued by the entity and the parties involved in the design of the entity. The Company’s assessment on the involvement with Guangdong Xingbang reveals that the Company has the absolute power to direct the most significant activities that impact the economic performance of Guangdong Xingbang. Under the accounting guidance, the Company is deemed to be the primary beneficiary of Guangdong Xingbang and the results of Guangdong Xingbang and Xinyu Xingbang are consolidated in the Company’s group financial statements for financial reporting purposes. As of June 30, 2015 and December 31, 2014, the Company has no equity interest in Guangdong Xingbang; none of the Company’s assets serve as collateral for Guangdong Xingbang; creditors of Guangdong Xingbang have no recourse to the Company; and the Company has not provided any guarantees to Guangdong Xingbang. The assets and liabilities associated with Guangdong Xingbang and Xinyu Xingbang are combined and presented on a gross basis, prior to consolidation adjustments with other entities in the Group, and are as follows: As of June 30, 2015 As of December 31, 2014 (Unaudited) Cash and cash equivalents $ 26,547 $ 137,870 Accounts receivable, net 16,129 16,117 Prepaid expenses and other current assets 1,212,707 255,660 Due from group companies 1,572,604 1,401,127 Property and equipment, net 828,499 703,951 Total assets $ 3,656,486 $ 2,514,725 Deferred revenue 53,200 53,161 Other payables and accrued expenses 2,987,485 1,577,392 Due to group companies 409,340 400,993 Due to a stockholder 806,452 805,854 Due to related companies 9,488,615 5,173,317 Total current liabilities 13,745,092 8,010,717 Deficit of variable interest entities (10,088,606 ) (5,495,992 ) Total liabilities and deficit $ 3,656,486 $ 2,514,725 In 2011, the Company agreed to waive the management fee payable by Guangdong Xingbang for a period of 3 years from May 13, 2011 to May 12, 2014 in order for Guangdong Xingbang to preserve enough cash to fund its e-commerce business. In 2014, the Company agreed to extend the waiver of management fee payable by Guangdong Xingbang for an additional 3 years from May 13, 2014 to May 12, 2017. The liabilities recognized as a result of combining the VIEs do not necessarily represent additional claims on the Company’s general assets; rather, they represent claims against the specific assets of the combined VIEs. Conversely, assets recognized as a result of combining the VIEs do not represent additional assets that could be used to satisfy claims by the Company’s creditors as they are not legally included within the Company’s general assets. Immediately prior to the PRC restructuring transactions that were completed on May 13, 2011, the Chief Executive Officer of the Company and his spouse controlled Guangdong Xingbang as they owned 90% and 10% respectively, of its registered capital. The Chief Executive Officer also indirectly controlled WFOE as he owned 56.25% of the issued share capital of Xingbang BVI, the sole stockholder of WFOE. As WFOE and Guangdong Xingbang are under common control, the contractual arrangements have been accounted for as a reorganization of entities under common control and the Group’s financial statements were prepared as if the reorganization occurred at the beginning of the first period presented. Share exchange On May 13, 2011, China Xingbang entered into a share exchange agreement with Xingbang BVI and the stockholders of Xingbang BVI in which the stockholders of Xingbang BVI exchanged 100% of the issued share capital of Xingbang BVI, valued at $80,000, for 79,999,000 shares of common stock of China Xingbang. Xingbang BVI became a wholly owned subsidiary of China Xingbang. Prior to the share exchange, the sole stockholder of China Xingbang owned 56.25% of the issued share capital of Xingbang BVI. As both companies are under common control, the share exchange involving China Xingbang and Xingbang BVI is being treated for accounting purposes as a capital transaction and a reorganization of entities under common control with China Xingbang as the accounting acquirer and Xingbang BVI as the accounting acquiree. The consolidated financial statements were prepared as if the reorganization occurred at the beginning of the first period presented. Accordingly, these group financial statements include the following: 1. The balance sheets consisting of the net assets of the acquirer and acquiree at historical cost; and 2. The statement of operations including the operations of the acquirer and acquiree for the periods presented.

Principles of Consolidation

Principles of Consolidation	6 Months Ended
	Jun. 30, 2015
Principles of Consolidation [Abstract]
PRINCIPLES OF CONSOLIDATION	NOTE 4 PRINCIPLES OF CONSOLIDATION The accompanying group financial statements for the six months ended June 30, 2015 and 2014 include the financial statements of China Xingbang, its wholly owned subsidiaries, Xingbang BVI, Xingbang HK and the WFOE, its contractually controlled affiliate, Guangdong Xingbang, and Xinyu Xingbang which is 50% owned by Guangdong Xingbang and 50% owned by WFOE. All significant inter-company accounts and transactions have been eliminated in consolidation.

Use of Estimates

Use of Estimates	6 Months Ended
	Jun. 30, 2015
Use of Estimates [Abstract]
USE OF ESTIMATES	NOTE 5 USE OF ESTIMATES The preparation of the unaudited condensed consolidated group financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the group financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

The Effect of Recently Issued A

The Effect of Recently Issued Accounting Standards	6 Months Ended
	Jun. 30, 2015
The Effect of Recently Issued Accounting Standards [Abstract]
THE EFFECT OF RECENTLY ISSUED ACCOUNTING STANDARDS	NOTE 6 THE EFFECT OF RECENTLY ISSUED ACCOUNTING STANDARDS In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update ("ASU") 2014-09 "Revenue from Contracts with Customers" (Topic 606) ("ASU 2014-09"). ASU 2014-09 is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. In adopting ASU 2014-09, companies may use either a full retrospective or a modified retrospective approach. This standard is effective for fiscal years and interim periods within those years beginning after December 15, 2016, with early adoption prohibited; however on July 9, 2015, FASB decided to defer by one year the effective dates. As a result, the standard will be effective for fiscal years and interim periods within those years beginning after December 15, 2017. The Company will adopt ASU 2014-09 during the first quarter of fiscal 2018. Management is evaluating the provisions of this statement and has not determined what impact the adoption of ASU 2014-09 will have on the Company's financial position or results of operations. In August 2014, FASB issued ASU No. 2014-15 Preparation of Financial Statements – Going Concern (Subtopic 205-40), Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. Under GAAP, continuation of a reporting entity as a going concern is presumed as the basis for preparing financial statements unless and until the entity’s liquidation becomes imminent. Preparation of financial statements under this presumption is commonly referred to as the going concern basis of accounting. If and when an entity’s liquidation becomes imminent, financial statements should be prepared under the liquidation basis of accounting in accordance with Subtopic 205-30, Presentation of Financial Statements—Liquidation Basis of Accounting. Even when an entity’s liquidation is not imminent, there may be conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern. In those situations, financial statements should continue to be prepared under the going concern basis of accounting, but the amendments in this Update should be followed to determine whether to disclose information about the relevant conditions and events. The amendments in this Accounting Standards Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company will evaluate the going concern considerations in this ASU, however, management does not believe that it met conditions which would make the Company's financial statements for this period be subject to additional disclosure requirements. In February 2015, FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis. The new consolidation standard changes the way reporting enterprises evaluate whether (a) they should consolidate limited partnerships and similar entities, (b) fees paid to a decision maker or service provider are variable interests in a VIE, and (c) variable interests in a VIE held by related parties of the reporting enterprise require the reporting enterprise to consolidate the VIE. The guidance is effective for public business entities for annual and interim periods in fiscal years beginning after December 15, 2015. Early adoption is allowed, including early adoption in an interim period. A reporting entity may apply a modified retrospective approach by recording a cumulative-effect adjustment to equity as of the beginning of the fiscal year of adoption or may apply the amendments retrospectively. The Company is in process of assessing the impact of the adoption of this guidance on the consolidated financial statements. All other accounting standards that have been issued or proposed by the FASB that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption.

Other Payables and Accrued Expe

Other Payables and Accrued Expenses	6 Months Ended
	Jun. 30, 2015
Other Payables and Accrued Expenses [Abstract]
OTHER PAYABLES AND ACCRUED EXPENSES	NOTE 7 OTHER PAYABLES AND ACCRUED EXPENSES Other payables and accrued expenses consisted of the following: As of June 30, 2015 As of December 31, 2014 (unaudited) Customers deposits and prepayments $ 1,674,575 $ 1,202,093 Business and other taxes payable 22,624 9,720 Other payables 8,310 6,744 Accrued expenses 1,289,392 403,706 $ 2,994,901 $ 1,622,263

Segments

Segments	6 Months Ended
	Jun. 30, 2015
Segments [Abstract]
SEGMENTS	NOTE 8 SEGMENTS E-commerce has been the only business segment of the Company since the beginning of 2014.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 9 STOCKHOLDERS’ EQUITY Appropriated retained earnings The Company’s PRC subsidiaries are required to make appropriation to the statutory surplus reserve at 10% of the after-tax net income annually until the total contributions equal to 50% of the entities’ registered capital. The statutory reserve funds are restricted for use to set off against prior period losses, expansion of production and operations or for the increase in the registered capital of the respective companies. This reserve is therefore not available for distribution except in liquidation. As of June 30, 2015 and December 31, 2014, the appropriated retained earnings was both $72,493 in accordance with the laws and regulations of the PRC.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 10 COMMITMENTS AND CONTINGENCIES (a) Defined contribution retirement plans The full time employees of Guangdong Xingbang and Xinyu Xingbang are entitled to employee benefits including medical care, welfare subsidies, unemployment insurance and pension benefits through a Chinese government mandated multi-employer defined contribution plan. The Company is required to accrue for those benefits based on certain percentages of the employees’ salaries and make contributions to the plans out of the amounts accrued for medical and pension benefits. The total provision and contributions made for such employee benefits for the three months ended June 30, 2015 and 2014 were $367,988, and $62,025 respectively. The total provision and contributions made for such employee benefits for the six months ended June 30, 2015 and 2014 were $597,986 and $109,799 respectively. The Chinese government is responsible for the medical benefits and the pension liability to be paid to these employees. (b) Rental leases commitment Guangdong Xingbang leases office premises from two stockholders (Mr. Yao and his spouse) under an operating lease at a monthly rental of $15,486 which shall expire on December 31, 2016 pursuant to certain lease agreement. In September 2013, Guangdong Xingbang leased Zhongshan office premises from an independent third party, Zhongshan Guzhen Asset Management Ltd, pursuant to a lease agreement at a monthly rental of $1,847. The lease shall expire on August 31, 2018. Xinyu Xingbang leases office premises from Xinyu Xingbang Industry Co., Ltd (“Xinyu Industry”) under an operating lease at a monthly rental of $2,742, which shall expire on June 30, 2016. Mr. Yao and his spouse own 90% and 10% respectively, of the registered capital of Xinyu Industry. In August 2014, Xinyu Xingbang leased Guangzhou office premises from an independent third party, Jingyan Yang, pursuant to a lease agreement and pays a monthly rental of $1,049. The lease shall expire on August 27, 2015 and the Company may renew the lease at its option. As of June 30, 2015, the Company had outstanding commitments with respect to the above operating leases, which are due as follows: Six months ending December 31, 2015 $ 107,310 Fiscal years ending December 31, 2016 222,736 2017 36,930 2018 24,620 Total $ 391,596 Rental expenses for the three and six months ended June 30, 2015 and 2014 were $66,443, $59,873, $129,439 and $121,052 respectively. (c) Capital commitment As of June 30, 2015, the Company had contracted capital commitment of $370,725 for the purchase of office equipment.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 11 RELATED PARTY TRANSACTIONS Rental expenses paid to stockholders and a related company Guangdong Xingbang leases office premises from two stockholders (Mr. Yao and his spouse) under an operating lease at a monthly rental of approximately RMB96,000 (approximately $15,486) which is due to expire on December 31, 2016. For the three and six months ended June 30, 2015 and 2014, Guangdong Xingbang paid rent to these two stockholders of $45,422, $46,187, $92,616 and $93,381 respectively. In June 2012, Xinyu Xingbang entered into a lease agreement with Xinyu Industry for office premises whereby the monthly rental is $2,742. The lease started on July 1, 2012 and expired on June 30, 2015. On June 30, 2015, the lease was renewed with the same terms and a renewed termination date of June 30, 2016. For the three and six months ended June 30, 2015 and 2014, Xinyu Xingbang paid the rent to Xinyu Industry of $8,226, $8,179, $16,452 and $16,536 respectively. Due to a stockholder As of June 30, 2015 and December 31, 2014, WFOE owed $806,452 and $805,854 respectively, to Mr. Yao. The loan is interest free and unsecured. The loan was entered into on May 31, 2012, and the loan period started on June 11, 2012 and was due on June 10, 2013. On May 31, 2013, August 7, 2014 and June 11, 2015, the loan was renewed with the same terms and a renewed due date of June 11, 2016. The proceeds of the loan were used as the capital investment in Xinyu Xingbang, which is 50% owned by WFOE and 50% owned by Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $806,452 and $805,854 respectively, to Mr. Yao. The loan is interest free and unsecured. The loan was entered into on May 31, 2012, and the loan period started on June 19, 2012 and was due on June 18, 2013. On June 10, 2013, July 30, 2014 and June 18, 2015, the loan was renewed with the same terms and a renewed due date of June 18, 2016. The proceeds of the loan were used as the capital investment in Xinyu Xingbang, which is 50% owned by WFOE and 50% owned by Guangdong Xingbang. Accrued rental expenses repaid to stockholders during the six months ended June 30, 2015 and year ended December 31, 2014 were as follows: June 30, December 31, Accrued rental expenses repaid to stockholders $ - $ (181,110 ) $ - $ (181,110 ) Due to related companies As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $23,535 and $14,566 respectively to Xinyu Zhongxing Decoration Technical Network Company Limited (“Zhongxing Decoration”) for certain expenses paid on behalf of Xinyu Xingbang. Mr. Yao and his spouse own 80% and 20% respectively, of the registered capital of Zhongxing Decoration. The amount due is unsecured, interest free and repayable on demand. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $1,221 and $0 respectively to Xinyu Qiuying Technology Network Co., Ltd (“Xinyu Qiuying”) for deposits received on behalf of Xinyu Qiuying. Mr. Yao is the director of Xinyu Qiuying. The amount due is unsecured, interest free and repayable on demand. As of June 30, 2015, Xinyu Qiuying owed Guangdong Xingbang of $668 for expenses paid on behalf. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $1,630 and $0 respectively to Guangzhou EFee Pay Network Co., Ltd,. (“Guangzhou EFee Pay”) for certain expenses paid on behalf of Xinyu Xingbang. Mr. Yao is the director of Guangzhou EFee Pay. The amount due is unsecured, interest free and repayable on demand. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $82,259 and $65,760 respectively to Xinyu Industry for rental expense of office used by Xinyu Xingbang. The amount due is unsecured, interest free and repayable on demand. On January 3, 2013, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,000,000. The loan is interest free and unsecured with a loan period started on January 5, 2013 and became due on January 4, 2014. On January 3, 2014 and January 4, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of January 4, 2016. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $161,290 and $161,171 respectively to Xinyu Industry for the relevant loan. On January 10, 2013, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB5,000,000. The loan is interest free and unsecured with a loan period started on January 15, 2013 and became due on January 14, 2014. On January 10, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of January 14, 2015. RMB3,000,000 was repaid on December 3, 2014. On January 14, 2015, the loan agreement with Xinyu Industry was renewed with an amount of RMB2,000,000, the same terms and a renewed due date of January 14, 2016. The use of this loan is only for the operation of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $322,581 and $322,341 respectively to Xinyu Industry for the relevant loan. On May 30, 2013, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB500,000. The loan is interest free and unsecured with a loan period started on June 6, 2013 and was due on June 5, 2014. On July 30, 2014, the loan was renewed with the same terms and a renewed due date of June 5, 2015. On June 5, 2015, the loan was further renewed with the same terms and a renewed due date of June 5, 2016. The use of this loan is only for the operation of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $80,645 and $80,585 respectively to Xinyu Industry for the relevant loan. On July 25, 2013, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB500,000. The loan is interest free and unsecured with a loan period started on July 31, 2013 and was due on July 30, 2014. On July 30, 2014, the loan was renewed with the same terms and a renewed due date of July 30, 2015. On July 30, 2015, the loan was further renewed with the same terms and a renewed due date of June 30, 2016.The use of this loan is only for the operation of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $80,645 and $80,585 respectively to Xinyu Industry for the relevant loan. On September 5, 2013, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB500,000. The loan is interest free and unsecured with a loan period started on September 10, 2013 and was due on September 10, 2014. On September 9, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of September 9, 2015. The use of this loan is only for the operation of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $80,645 and $80,585 respectively to Xinyu Industry for the relevant loan. On September 5, 2013, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB500,000. The loan is interest free and unsecured with a loan period started on September 12, 2013 and was due on September 11, 2014. On September 11, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of September 11, 2015. The use of this loan is only for the operation of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $80,645 and $80,585 respectively to Xinyu Industry for the relevant loan. On December 8, 2013, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB500,000. The loan is interest free and unsecured with a loan period started on December 12, 2013 and was due on December 11, 2014. On December 12, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of December 11, 2015. The use of this loan is only for the operation of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $80,645 and $80,585 respectively to Xinyu Industry for the relevant loan. On December 8, 2013, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB4,000,000. The loan is interest free and unsecured with a loan period started on December 12, 2013 and was due on December 11, 2014. On December 12, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of December 11, 2015. The use of this loan is only for the operation of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $645,161 and $644,683 respectively to Xinyu Industry for the relevant loan. On January 14, 2014, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB500,000. The loan is interest free and unsecured with a loan period started on January 14, 2014 and was due on January 13, 2015. On January 13, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of January 13, 2016. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $80,645 and $80,585 respectively to Xinyu Industry for the relevant loan. On February 11, 2014, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB500,000. The loan is interest free and unsecured with a term from February 13, 2014 and was due on February 12, 2015. On February 12, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of February 12, 2016. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $80,645 and $80,585 respectively to Xinyu Industry for the relevant loan. On February 11, 2014, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,000,000. The loan is interest free and unsecured with a term from February 12, 2014 and was due on February 11, 2015. On February 11, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of February 11, 2016. The use of this loan is only for the operation of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $161,290 and $161,171 respectively to Xinyu Industry for the relevant loan. On March 8, 2014, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB300,000. The loan is interest free and unsecured with a term from March 12, 2014 and was due on March 11, 2015. On March 11, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of March 11, 2016. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $48,386 and $48,351 respectively to Xinyu Industry for the relevant loan. On March 8, 2014, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB500,000. The loan is interest free and unsecured with a term from March 12, 2014 and was due on March 11, 2015. On March 11, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of March 11, 2016. The use of this loan is only for the operation of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $80,645 and $80,585 respectively to Xinyu Industry for the relevant loan. On April 10, 2014, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,500,000. The loan is interest free and unsecured with a term from April 14, 2014 and was due on April 13, 2015. On April 13, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of April 13, 2016. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $241,935 and $241,756 respectively to Xinyu Industry for the relevant loan. On April 10, 2014, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB2,000,000. The loan is interest free and unsecured with a term from April 14, 2014 and was due on April 13, 2015. On April 13, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of April 13, 2016. The use of this loan is only for the operation of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $322,581 and $322,341 respectively to Xinyu Industry for the relevant loan. On April 20, 2014, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB5,000,000. The loan is interest free and unsecured with a term from April 23, 2014 and was due on April 22, 2015. On April 22, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of April 22, 2016. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $806,452 and $805,854 respectively to Xinyu Industry for the relevant loan. On August 26, 2014, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,000,000. The loan is interest free and unsecured with a term from August 27, 2014 and is due on August 26, 2015. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $161,290 and $161,171 respectively to Xinyu Industry for the relevant loan. On September 8, 2014, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB2,500,000. The loan is interest free and unsecured with a term from September 9, 2014 and is due on September 8, 2015. The use of this loan is only for the operation of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $403,226 and $402,927 respectively to Xinyu Industry for the relevant loan. On September 17, 2014, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,000,000. The loan is interest free and unsecured with a term from September 18, 2014 and is due on September 17, 2015. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $161,290 and $161,171 respectively to Xinyu Industry for the relevant loan. On October 14, 2014, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB2,000,000. The loan is interest free and unsecured with a term from October 14, 2014 and is due on October 13, 2015. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $322,581 and $322,341 respectively to Xinyu Industry for the relevant loan. On December 1, 2014, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB2,000,000. The loan is interest free and unsecured with a term from December 1, 2014 and is due on November 30, 2015. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $322,581 and $322,341 respectively to Xinyu Industry for the relevant loan. On December 11, 2014, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB300,000. The loan is interest free and unsecured with a term from December 11, 2014 and is due on December 10, 2015. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $48,386 and $48,351 respectively to Xinyu Industry for the relevant loan. On December 12, 2014, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB2,000,000. The loan is interest free and unsecured with a term from November 12, 2014 and is due on November 11, 2015. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $322,581 and $322,341 respectively to Xinyu Industry for the relevant loan. On January 12, 2015, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB2,000,000. The loan is interest free and unsecured with a term from January 13, 2015 and is due on January 12, 2016. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $322,581 and $0 respectively to Xinyu Industry for the relevant loan. On January 12, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,000,000. The loan is interest free and unsecured with a term from January 13, 2015 and is due on January 12, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $161,290 and $0 respectively to Xinyu Industry for the relevant loan. On February 8, 2015, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,400,000. The loan is interest free and unsecured with a term from February 9, 2015 and is due on February 8, 2016. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $225,806 and $0 respectively to Xinyu Industry for the relevant loan. On February 10, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,000,000. The loan is interest free and unsecured with a term from February 11, 2015 and is due on February 10, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $161,290 and $0 respectively to Xinyu Industry for the relevant loan. On March 10, 2015, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,000,000. The loan is interest free and unsecured with a term from March 11, 2015 and is due on March use loan is for operations of Guangdong Xingbang. 2015 On March 11, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB3,000,000. The loan is interest free and unsecured with a term from March 12, 2015 and is due on March 11, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $483,871 and $0 respectively to Xinyu Industry for the relevant loan. On March 19, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB3,000,000. The loan is interest free and unsecured with a term from March 20, 2015 and is due on March 19, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $483,871 and $0 respectively to Xinyu Industry for the relevant loan. On March 25, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB3,000,000. The loan is interest free and unsecured with a term from March 26, 2015 and is due on March 25, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $483,871 and $0 respectively to Xinyu Industry for the relevant loan. On April 3, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,500,000. The loan is interest free and unsecured with a term from April 13, 2015 and is due on April 12, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $241,935 and $0 respectively to Xinyu Industry for the relevant loan. On April 21, 2015, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB400,000. The loan is interest free and unsecured with a term from April 22, 2015 and is due on April 21 use loan is for operations of Guangdong Xingbang. 2015 On April 21, 2015, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB700,000. The loan is interest free and unsecured with a term from April 22, 2015 and is due on April 21 use loan is for operations of Guangdong Xingbang. 2015 On April 29, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,500,000. The loan is interest free and unsecured with a term from April 29, 2015 and is due on April 28, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $241,935 and $0 respectively to Xinyu Industry for the relevant loan. On May 15, 2015, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB800,000. The loan is interest free and unsecured with a term from May 15, 2015 and is due on May 14 use loan is for operations of Guangdong Xingbang. 2015 On May 15, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,500,000. The loan is interest free and unsecured with a term from May 15, 2015 and is due on May 14, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $241,935 and $0 respectively to Xinyu Industry for the relevant loan. On May 20, 2015, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB280,000. The loan is interest free and unsecured with a term from May 21, 2015 and is due on May 20 use loan is for operations of Guangdong Xingbang. 2015 On May 20, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB800,000. The loan is interest free and unsecured with a term from May 21, 2015 and is due on May 20, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $129,032 and $0 respectively to Xinyu Industry for the relevant loan. On May 27 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB500,000. The loan is interest free and unsecured with a term from May 29, 2015 and is due on May 28, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $80,645 and $0 respectively to Xinyu Industry for the relevant loan. On May 27, 2015, Xinyu Industry entered into a loan agreement with Guangdong Xingbang, with an amount of RMB200,000. The loan is interest free and unsecured with a term from May 29, 2015 and is due on May 28, 2016. The use of this loan is solely for the operations of Xinyu Industry. As of June 30, 2015 and December 31, 2014,Xinyu Industry owed $32,258 and $0 respectively to Guangdong Xingbang for the relevant loan. On June 8, 2015, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB200,000. The loan is interest free and unsecured with a term from June 9, 2015 and is due on June 8 use loan is for operations of Guangdong Xingbang. 2015 On June 10, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB800,000. The loan is interest free and unsecured with a term from June 11, 2015 and is due on June 10, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $129,032 and $0 respectively to Xinyu Industry for the relevant loan. On June 15, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB1,000,000. The loan is interest free and unsecured with a term from June 17, 2015 and is due on June 16, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $161,290 and $0 respectively to Xinyu Industry for the relevant loan. On June 17, 2015, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB740,000. The loan is interest free and unsecured with a term from June 19, 2015 and is due on June 18 use loan is for operations of Guangdong Xingbang. 2015 On June 25, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB390,000. The loan is interest free and unsecured with a term from June 26, 2015 and is due on June 25, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $62,903 and $0 respectively to Xinyu Industry for the relevant loan. On June 28, 2015, Xinyu Xingbang entered into a loan agreement with Xinyu Industry, with an amount of RMB50,000. The loan is interest free and unsecured with a term from June 30, 2015 and is due on June 29, 2016. The use of this loan is solely for the operations of Xinyu Xingbang. As of June 30, 2015 and December 31, 2014, Xinyu Xingbang owed $8,065 and $0 respectively to Xinyu Industry for the relevant loan. Movements of amounts due to related companies during the six months ended June 30, 2015 and the year ended December 31, 2014 were as follows: June 30, December 31, Advances from related companies, net $ 4,282,567 $ 3,586,498 Expenses accrued to related companies 16,401 59,811 Repayments to related companies - (498,896 ) $ 4,298,968 $ 3,147,413

Concentrations and Credit Risks

Concentrations and Credit Risks	6 Months Ended
	Jun. 30, 2015
Concentrations and Credit Risks [Abstract]
CONCENTRATIONS AND RISKS	NOTE 12 CONCENTRATIONS AND CREDIT RISKS As of June 30, 2015 and December 31, 2014, all of the Company’s assets were located in the PRC and Hong Kong and all of the Company’s revenues were derived from customers located in the PRC. For the three and six months ended June 30, 2015 and 2014, there were no suppliers accounting for 10% or more of the Company’s purchases. For the three and six months ended June 30, 2015 and 2014, there were no customers accounting for 10% or more of the Company’s sales.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 13 SUBSEQUENT EVENTS In accordance with ASC Topic 855-10, the company has analyzed its operations subsequent to June 30, 2015 to the date these financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these financial statements, other than noted herein. On July 30, 2015, Guangdong Xingbang entered into a loan agreement with Xinyu Industry, with an amount of $80,645 (RMB500,000). The loan is interest free and unsecured with a loan period from July 31, 2015 to July 30, 2016. This loan is solely for the operation of Guangdong Xingbang.

Organization (Tables)

Organization (Tables)	6 Months Ended
	Jun. 30, 2015
Organization [Abstract]
Summary of assets and liabilities associated with subsidiary	As of June 30, 2015 As of December 31, 2014 (Unaudited) Cash and cash equivalents $ 26,547 $ 137,870 Accounts receivable, net 16,129 16,117 Prepaid expenses and other current assets 1,212,707 255,660 Due from group companies 1,572,604 1,401,127 Property and equipment, net 828,499 703,951 Total assets $ 3,656,486 $ 2,514,725 Deferred revenue 53,200 53,161 Other payables and accrued expenses 2,987,485 1,577,392 Due to group companies 409,340 400,993 Due to a stockholder 806,452 805,854 Due to related companies 9,488,615 5,173,317 Total current liabilities 13,745,092 8,010,717 Deficit of variable interest entities (10,088,606 ) (5,495,992 ) Total liabilities and deficit $ 3,656,486 $ 2,514,725

Other Payables and Accrued Ex20

Other Payables and Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2015
Other Payables and Accrued Expenses [Abstract]
Summary of other payables and accrued expenses	As of June 30, 2015 As of December 31, 2014 (unaudited) Customers deposits and prepayments $ 1,674,575 $ 1,202,093 Business and other taxes payable 22,624 9,720 Other payables 8,310 6,744 Accrued expenses 1,289,392 403,706 $ 2,994,901 $ 1,622,263

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies [Abstract]
Schedule of outstanding commitments under operating leases	Six months ending December 31, 2015 $ 107,310 Fiscal years ending December 31, 2016 222,736 2017 36,930 2018 24,620 Total $ 391,596

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Schedule of accrued rental expenses repaid to stockholders	June 30, December 31, Accrued rental expenses repaid to stockholders $ - $ (181,110 ) $ - $ (181,110 )
Schedule of amount due to related companies	June 30, December 31, Advances from related companies, net $ 4,282,567 $ 3,586,498 Expenses accrued to related companies 16,401 59,811 Repayments to related companies - (498,896 ) $ 4,298,968 $ 3,147,413

Going Concern (Details)

Going Concern (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Going Concern (Textual)
Net loss	$ (2,761,584)		$ (719,187)	$ (4,705,997)	$ (1,237,533)
Cash used in operations				(4,182,706)	$ (1,277,627)
Unappropriated accumulated deficits	(13,206,439)			(13,206,439)		$ (8,500,442)
Working capital deficit	12,833,448			$ 12,833,448
Amount borrowed from related parties	$ 4,282,567	$ 4,282,567
Going concern note conditions				The related parties agreed to lend more funds to the Company as needed for management to execute its business plan for at least the next twelve months.

Organization (Details)

Organization (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 55,078	$ 198,744	$ 622,112	$ 284,001
Accounts receivable, net	16,129	16,117
Prepaid expenses and other current assets	1,212,707	262,668
Property and equipment, net	828,499	703,951
Total assets	2,112,413	1,181,480
Deferred revenue	53,200	53,161
Other payables and accrued expenses	2,994,901	1,622,263
Due to a stockholder	1,612,904	1,611,708
Due to related companies	9,456,357	5,173,317
Total current liabilities	14,117,362	8,460,449
Total liabilities and deficit	2,112,413	1,181,480
Guangdong Xingbang And Xinyu Xingbang [Member]
Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	26,547	137,870
Accounts receivable, net	16,129	16,117
Prepaid expenses and other current assets	1,212,707	255,660
Due from group companies	1,572,604	1,401,127
Property and equipment, net	828,499	703,951
Total assets	3,656,486	2,514,725
Deferred revenue	53,200	53,161
Other payables and accrued expenses	2,987,485	1,577,392
Due to group companies	409,340	400,993
Due to a stockholder	806,452	805,854
Due to related companies	9,488,615	5,173,317
Total current liabilities	13,745,092	8,010,717
Deficit of variable interest entities	(10,088,606)	(5,495,992)
Total liabilities and deficit	$ 3,656,486	$ 2,514,725

Organization (Details Textual)

Organization (Details Textual)	May. 11, 2011USD ($)shares	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014
Organization (Textual)
Percentage of stock issued in exchange transaction	100.00%
Number of stock issued in exchange transaction	80,000
Value of stock issued in exchange transaction | $	$ 79,999,000
Guangdong Xingbang [Member]
Organization (Textual)
Percentage of equity interest owned by each investor		50.00%	50.00%	50.00%
Period to which company agreed to waive the management fee payable by Guangdong Xingbang		3 years	3 years
Management fee description		Company agreed to extend the waiver of management fee payable by Guangdong Xingbang for an additional 3 years from May 13, 2014 to May 12, 2017.	Company agreed to extend the waiver of management fee payable by Guangdong Xingbang for an additional 3 years from May 13, 2014 to May 12, 2017.
Xinyu Xingbang [Member]
Organization (Textual)
Amount invested by subsidiaries		$ 787,030	¥ 5,000,000
Percentage of equity interest owned by each investor		50.00%	50.00%
Percentage of net profit owned by WFOE		99.99%	99.99%
Equity ownership percentage of WFOE in Xinyu Xingbang		50.00%	50.00%
Xinyu Xingbang [Member] | Chief Executive Officer [Member]
Organization (Textual)
Percentage of equity interest owned by each investor	90.00%
Xinyu Xingbang [Member] | Chief Executive Officer's Spouse [Member]
Organization (Textual)
Percentage of equity interest owned by each investor	10.00%
WFOE [Member]
Organization (Textual)
Percentage of equity interest owned by each investor		50.00%	50.00%	50.00%
WFOE [Member] | Chief Executive Officer [Member]
Organization (Textual)
Percentage of registered capital owned by related parties		56.25%	56.25%

Principles of Consolidation (De

Principles of Consolidation (Details)	Jun. 30, 2015	Jun. 30, 2014
Guangdong Xingbang [Member]
Principles Of Consolidation Textual [Abstract]
Percentage of equity interest owned by each investor	50.00%	50.00%
WFOE [Member]
Principles Of Consolidation Textual [Abstract]
Percentage of equity interest owned by each investor	50.00%	50.00%

Other Payables and Accrued Ex27

Other Payables and Accrued Expenses (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Summary of other payable and accrued expenses
Customers deposits and prepayments	$ 1,674,575	$ 1,202,093
Business and other taxes payable	22,624	9,720
Other payables	8,310	6,744
Accrued expenses	1,289,392	403,706
Other payables and accrued expenses	$ 2,994,901	$ 1,622,263

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Stockholders' Equity (Textual)
Statutory surplus reserve	10.00%
Contributions of entities registered capital	50.00%
Appropriated retained earnings	$ 72,493	$ 72,493

Commitments and Contingencies29

Commitments and Contingencies (Details)	Jun. 30, 2015USD ($)
Commitments and Contingencies [Abstract]
Six months ending December 31, 2015	$ 107,310
Fiscal years ending December 31,
2,016	222,736
2,017	36,930
2,018	24,620
Total	$ 391,596

Commitments and Contingencies30

Commitments and Contingencies (Details Textual)	1 Months Ended		3 Months Ended		6 Months Ended
	Aug. 31, 2014USD ($)	Sep. 30, 2013USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)Shareholders	Jun. 30, 2014USD ($)
Commitments and Contingencies (Textual)
Provision and contributions made for employee benefits			$ 367,988	$ 62,025
Total provisions and contribution made towards employee benefit plan					$ 597,986	$ 109,799
Rental expenses			$ 66,443	$ 59,873	129,439	$ 121,052
Purchase of office furniture					$ 370,725
Guangdong Xingbang [Member]
Commitments and Contingencies (Textual)
Number of shareholders under lease | Shareholders					2
Monthly rental payment under operating lease					$ 15,486
Maturity date of operating lease agreement					Dec. 31, 2016
Guangdong Xingbang [Member] | Office premises [Member]
Commitments and Contingencies (Textual)
Monthly rental payment under operating lease		$ 1,847
Maturity date of operating lease agreement		Aug. 31, 2018
Xinyu Xingbang [Member] | Mr. Yao [Member]
Commitments and Contingencies (Textual)
Percentage of registered capital owned by related parties					90.00%
Xinyu Xingbang [Member] | Mr. Yao Spouse [Member]
Commitments and Contingencies (Textual)
Percentage of registered capital owned by related parties					10.00%
Xinyu Xingbang [Member] | Office premises [Member]
Commitments and Contingencies (Textual)
Monthly rental payment under operating lease	$ 1,049				$ 2,742
Maturity date of operating lease agreement	Aug. 27, 2015				Jun. 30, 2016

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Related Party Transactions [Abstract]
Accrued rental expenses repaid to stockholders		$ (181,110)
Repayments of Long-term Debt		$ (181,110)

Related Party Transactions (D32

Related Party Transactions (Details 1) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Related Party Transactions [Abstract]
Advances from related companies, net	$ 4,282,567	$ 3,586,498
Expenses accrued to related companies	$ 16,401	59,811
Repayments to related companies		(498,896)
Advances from related companies	$ 4,298,968	$ 3,147,413

Related Party Transactions (D33

Related Party Transactions (Details Textual)

Jun. 28, 2015CNY (¥)

Jun. 25, 2015CNY (¥)

Jun. 17, 2015CNY (¥)

Jun. 15, 2015CNY (¥)

Jun. 10, 2015USD ($)

Jun. 08, 2015CNY (¥)

May. 27, 2015CNY (¥)

May. 20, 2015CNY (¥)

May. 15, 2015CNY (¥)

Apr. 29, 2015USD ($)

Apr. 21, 2015CNY (¥)

Apr. 03, 2015CNY (¥)

Mar. 25, 2015CNY (¥)

Mar. 19, 2015CNY (¥)

Mar. 11, 2015CNY (¥)

Mar. 10, 2015CNY (¥)

Feb. 10, 2015CNY (¥)

Feb. 08, 2015CNY (¥)

Jan. 12, 2015CNY (¥)

Dec. 12, 2014CNY (¥)

Dec. 11, 2014CNY (¥)

Dec. 01, 2014CNY (¥)

Oct. 14, 2014CNY (¥)

Sep. 08, 2014CNY (¥)

Apr. 20, 2014CNY (¥)

Apr. 10, 2014CNY (¥)

Mar. 08, 2014CNY (¥)

Feb. 11, 2014CNY (¥)

Jan. 14, 2014CNY (¥)

Dec. 08, 2013CNY (¥)

Sep. 05, 2013CNY (¥)

Jul. 25, 2013CNY (¥)

May. 30, 2013CNY (¥)

Jan. 10, 2013CNY (¥)

Jan. 03, 2013CNY (¥)

Sep. 17, 2014CNY (¥)

Aug. 31, 2014USD ($)

Aug. 26, 2014CNY (¥)

Dec. 31, 2013

Sep. 30, 2013USD ($)

Jun. 30, 2015USD ($)

Jun. 30, 2014USD ($)

Jun. 30, 2015USD ($)Shareholders

Jun. 30, 2015CNY (¥)Shareholders

Jun. 30, 2014USD ($)

Dec. 31, 2014USD ($)

Dec. 31, 2013

Related Party Transactions (Textual)

Due to related parties

$ 9,456,357

$ 9,456,357

$ 5,173,317

Due to a stockholder

1,612,904

1,612,904

$ 1,611,708

Xinyu Xingbang [Member]

Related Party Transactions (Textual)

Amount paid for lease

8,226

$ 8,179

16,452

$ 16,536

Due to related parties | ¥

¥ 2,500,000

¥ 2,000,000

¥ 500,000

¥ 1,000,000

¥ 4,000,000

¥ 500,000

¥ 5,000,000

Unsecured loan payable and due date

Sep. 8, 2015

Apr. 13, 2015

Mar. 11, 2015

Feb. 11, 2015

Dec. 11, 2014

Sep. 11, 2015

Jan. 14, 2015

Description of unsecured loans

The loan is interest free and unsecured with a term from September 9, 2014 and is due on September 8, 2015. The use of this loan is only for the operation of Xinyu Xingbang.

The loan is interest free and unsecured with a term from April 14, 2014 and was due on April 13, 2015. On April 13, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of April 13, 2016. The use of this loan is only for the operation of Xinyu Xingbang.

The loan is interest free and unsecured with a term from March 12, 2014 and was due on March 11, 2015. On March 11, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of March 11, 2016. The use of this loan is only for the operation of Xinyu Xingbang.

The loan is interest free and unsecured with a term from February 12, 2014 and was due on February 11, 2015. On February 11, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of February 11, 2016. The use of this loan is only for the operation of Xinyu Xingbang.

The loan is interest free and unsecured with a loan period started on December 12, 2013 and was due on December 11, 2014. On December 12, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of December 11, 2015. The use of this loan is only for the operation of Guangdong Xingbang.

The loan is interest free and unsecured with a loan period started on September 12, 2013 and was due on September 11, 2014. On September 11, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of September 11, 2015. The use of this loan is only for the operation of Xinyu Xingbang.

The loan is interest free and unsecured with a loan period started on January 15, 2013 and became due on January 14, 2014. On January 10, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of January 14, 2015. RMB3,000,000 was repaid on December 3, 2014. On January 14, 2015, the loan agreement with Xinyu Industry was renewed with an amount of RMB2,000,000, the same terms and a renewed due date of January 14, 2016. The use of this loan is only for the operation of Xinyu Xingbang.

Due to related parties renewed amount | ¥

¥ 2,000,000

Xinyu Xingbang [Member] | Office premises [Member]

Related Party Transactions (Textual)

Monthly rental payment under operating lease

$ 1,049

$ 2,742

Maturity date of operating lease agreement

Aug. 27, 2015

Jun. 30, 2016

Jun. 30, 2016

Xinyu Xingbang [Member] | Staff Housing Fund And Social Insurance [Member]

Related Party Transactions (Textual)

Description of unsecured loans

The amount due is unsecured, interest free and repayable on demand

Xinyu Xingbang [Member] | On January 10, 2013 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 3,000,000

322,581

$ 322,581

$ 322,341

Xinyu Xingbang [Member] | On September 5, 2013 [Member]

Related Party Transactions (Textual)

Due to related parties

80,645

80,645

80,585

Xinyu Xingbang [Member] | On December 8, 2013 [Member]

Related Party Transactions (Textual)

Due to related parties

645,265

645,265

644,683

Xinyu Xingbang [Member] | On February 11, 2014 [Member]

Related Party Transactions (Textual)

Due to related parties

161,290

161,290

161,171

Xinyu Xingbang [Member] | On March 8, 2014 [Member]

Related Party Transactions (Textual)

Due to related parties

80,645

80,645

80,585

Xinyu Xingbang [Member] | On April 10, 2014

Related Party Transactions (Textual)

Due to related parties

322,581

322,581

322,341

Xinyu Xingbang [Member] | On September 8, 2014 [Member]

Related Party Transactions (Textual)

Due to related parties

403,226

403,226

402,927

Xinyu Xingbang [Member] | On October 14, 2014 (Member)

Related Party Transactions (Textual)

Due to related parties

¥ 2,000,000

322,581

322,581

322,341

Unsecured loan payable and due date

Oct. 13, 2015

Description of unsecured loans

The loan is interest free and unsecured with a term from October 14, 2014 and is due on October 13, 2015. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On December 1, 2014 (Member)

Related Party Transactions (Textual)

Due to related parties

¥ 2,000,000

322,581

322,581

322,341

Unsecured loan payable and due date

Nov. 30, 2015

Description of unsecured loans

The loan is interest free and unsecured with a term from December 1, 2014 and is due on November 30, 2015. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On January 12, 2015

Related Party Transactions (Textual)

Due to related parties

¥ 1,000,000

161,290

161,290

0

Unsecured loan payable and due date

Jan. 12, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from January 13, 2015 and is due on January 12, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On February 10, 2015

Related Party Transactions (Textual)

Due to related parties

¥ 1,000,000

161,290

161,290

0

Unsecured loan payable and due date

Feb. 10, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from February 11, 2015 and is due on February 10, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On March 11, 2015

Related Party Transactions (Textual)

Due to related parties

¥ 3,000,000

483,871

483,871

0

Unsecured loan payable and due date

Mar. 11, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from March 12, 2015 and is due on March 11, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On March 19, 2015

Related Party Transactions (Textual)

Due to related parties

¥ 3,000,000

483,871

483,871

0

Unsecured loan payable and due date

Mar. 19, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from March 20, 2015 and is due on March 19, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On March 25, 2015

Related Party Transactions (Textual)

Due to related parties

¥ 3,000,000

483,871

483,871

0

Unsecured loan payable and due date

Mar. 25, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from March 26, 2015 and is due on March 25, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On April 3, 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 1,500,000

241,935

241,935

0

Unsecured loan payable and due date

Apr. 12, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from April 13, 2015 and is due on April 12, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On April 29, 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

$ 1,500,000

241,935

241,935

0

Unsecured loan payable and due date

Apr. 28, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from April 29, 2015 and is due on April 28, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On May 15, 2015 One [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 1,500,000

241,935

241,935

0

Unsecured loan payable and due date

May 14, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from May 15, 2015 and is due on May 14, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On May 20, 2015 One [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 800,000

129,032

129,032

0

Unsecured loan payable and due date

May 20, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from May 21, 2015 and is due on May 20, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On May 27 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 500,000

80,645

80,645

0

Unsecured loan payable and due date

May 28, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from May 29, 2015 and is due on May 28, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On June 10, 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

$ 800,000

129,032

129,032

0

Unsecured loan payable and due date

Jun. 10, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from June 11, 2015 and is due on June 10, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On June 15, 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 1,000,000

161,290

161,290

0

Unsecured loan payable and due date

Jun. 16, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from June 17, 2015 and is due on June 16, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On June 25, 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 390,000

62,903

62,903

0

Unsecured loan payable and due date

Jun. 25, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from June 26, 2015 and is due on June 25, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | On June 28, 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 50,000

8,065

$ 8,065

0

Unsecured loan payable and due date

Jun. 29, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from June 30, 2015 and is due on June 29, 2016. The use of this loan is solely for the operations of Xinyu Xingbang.

Xinyu Xingbang [Member] | Mr. Yao [Member]

Related Party Transactions (Textual)

Percentage of registered capital owned by related parties

90.00%

90.00%

Xinyu Xingbang [Member] | Mr. Yao Spouse [Member]

Related Party Transactions (Textual)

Percentage of registered capital owned by related parties

10.00%

10.00%

Zhongxing Decoration [Member]

Related Party Transactions (Textual)

Due to related parties

23,535

$ 23,535

14,566

Description of unsecured loans

The amount due is unsecured, interest free and repayable on demand

The amount due is unsecured, interest free and repayable on demand

Zhongxing Decoration [Member] | Flagship Stores [Member]

Related Party Transactions (Textual)

Description of unsecured loans

The amount due is unsecured, interest free and repayable on demand

The amount due is unsecured, interest free and repayable on demand

Zhongxing Decoration [Member] | Mr. Yao [Member]

Related Party Transactions (Textual)

Percentage of registered capital owned by related parties

80.00%

80.00%

Zhongxing Decoration [Member] | Mr. Yao Spouse [Member]

Related Party Transactions (Textual)

Percentage of registered capital owned by related parties

20.00%

20.00%

Guangdong Xingbang [Member]

Related Party Transactions (Textual)

Number of shareholders under lease | Shareholders

2

2

Monthly rental payment under operating lease

$ 15,486

Maturity date of operating lease agreement

Dec. 31, 2016

Dec. 31, 2016

Due to related parties

¥ 5,000,000

¥ 1,500,000

¥ 300,000

¥ 500,000

¥ 500,000

¥ 500,000

¥ 500,000

¥ 500,000

¥ 500,000

¥ 1,000,000

¥ 1,000,000

¥ 1,000,000

668

$ 668

Unsecured loan payable and due date

Feb. 10, 2016

Apr. 22, 2015

Apr. 13, 2015

Mar. 11, 2015

Feb. 12, 2015

Jan. 13, 2015

Dec. 11, 2014

Dec. 31, 2014

Jul. 30, 2015

Jun. 5, 2015

Jan. 4, 2016

Sep. 17, 2015

Aug. 26, 2015

Description of unsecured loans

The loan is interest free and unsecured with a term from April 23, 2014 and was due on April 22, 2015. On April 22, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of April 22, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

The loan is interest free and unsecured with a term from April 14, 2014 and was due on April 13, 2015. On April 13, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of April 13, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

The loan is interest free and unsecured with a loan period started on September 12, 2013 and was due on September 11, 2014. On September 11, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of September 11, 2015. The use of this loan is only for the operation of Xinyu Xingbang.

The loan is interest free and unsecured with a loan period started on December 12, 2013 and was due on December 11, 2014. On December 12, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of December 11, 2015. The use of this loan is only for the operation of Guangdong Xingbang.

The loan is interest free and unsecured with a loan period started on January 14, 2014 and was due on January 13, 2015. On January 13, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of January 13, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

The loan is interest free and unsecured with a loan period started on December 12, 2013 and was due on December 11, 2014. On December 12, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of December 11, 2015. The use of this loan is only for the operation of Guangdong Xingbang.

The loan is interest free and unsecured with a loan period started on September 12, 2013 and was due on September 11, 2014. On September 11, 2014, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of September 11, 2015. The use of this loan is only for the operation of Xinyu Xingbang.

The loan is interest free and unsecured with a loan period started on July 31, 2013 and was due on July 30, 2014. On July 30, 2014, the loan was renewed with the same terms and a renewed due date of July 30, 2015. On July 30, 2015, the loan was further renewed with the same terms and a renewed due date of June 30, 2016.The use of this loan is only for the operation of Guangdong Xingbang.

The loan is interest free and unsecured with a loan period started on June 6, 2013 and was due on June 5, 2014. On July 30, 2014, the loan was renewed with the same terms and a renewed due date of June 5, 2015. On June 5, 2015, the loan was further renewed with the same terms and a renewed due date of June 5, 2016. The use of this loan is only for the operation of Guangdong Xingbang.

The loan is interest free and unsecured with a loan period started on January 5, 2013 and became due on January 4, 2014. On January 3, 2014 and January 4, 2015, the loan agreement with Xinyu Industry was renewed with the same terms and a renewed due date of January 4, 2016. The use of this loan is solely for the operations of Guangdong Xingbang. As of June 30, 2015 and December 31, 2014, Guangdong Xingbang owed $161,290 and $161,171 respectively to Xinyu Industry for the relevant loan.

The loan is interest free and unsecured with a term from September 18, 2014 and is due on September 17, 2015. The use of this loan is solely for the operations of Guangdong Xingbang.

The loan is interest free and unsecured with a term from August 27, 2014 and is due on August 26, 2015. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | Office premises [Member]

Related Party Transactions (Textual)

Monthly rental payment under operating lease

$ 1,847

Maturity date of operating lease agreement

Aug. 31, 2018

Guangdong Xingbang [Member] | On January 3, 2013 [Member]

Related Party Transactions (Textual)

Due to related parties

161,290

161,290

161,171

Guangdong Xingbang [Member] | On May 30, 2013 [Member]

Related Party Transactions (Textual)

Due to related parties

80,645

80,645

80,585

Guangdong Xingbang [Member] | On July 25, 2013 [Member]

Related Party Transactions (Textual)

Due to related parties

80,645

80,645

80,585

Guangdong Xingbang [Member] | On September 5, 2013 [Member]

Related Party Transactions (Textual)

Due to related parties

80,645

80,645

80,585

Guangdong Xingbang [Member] | On December 8, 2013 [Member]

Related Party Transactions (Textual)

Due to related parties

80,645

80,645

80,585

Guangdong Xingbang [Member] | On January 14, 2014 [Member]

Related Party Transactions (Textual)

Due to related parties

80,645

80,645

80,585

Guangdong Xingbang [Member] | On February 11, 2014 [Member]

Related Party Transactions (Textual)

Due to related parties

80,645

80,645

80,585

Guangdong Xingbang [Member] | On March 8, 2014 [Member]

Related Party Transactions (Textual)

Due to related parties

48,386

48,386

48,351

Guangdong Xingbang [Member] | On April 10, 2014

Related Party Transactions (Textual)

Due to related parties

241,935

241,935

241,756

Guangdong Xingbang [Member] | On April 20, 2014

Related Party Transactions (Textual)

Due to related parties

806,452

806,452

805,854

Guangdong Xingbang [Member] | On August 26, 2014 [Member]

Related Party Transactions (Textual)

Due to related parties

161,290

161,290

161,171

Guangdong Xingbang [Member] | On September 17, 2014 [Member]

Related Party Transactions (Textual)

Due to related parties

161,290

161,290

161,171

Guangdong Xingbang [Member] | On December 11, 2014 (Member)

Related Party Transactions (Textual)

Due to related parties

¥ 300,000

48,386

48,386

48,351

Unsecured loan payable and due date

Dec. 10, 2015

Description of unsecured loans

The loan is interest free and unsecured with a term from December 11, 2014 and is due on December 10, 2015. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | On December 12, 2014 (Member)

Related Party Transactions (Textual)

Due to related parties

¥ 2,000,000

322,581

322,581

322,341

Unsecured loan payable and due date

Nov. 11, 2015

Description of unsecured loans

The loan is interest free and unsecured with a term from November 12, 2014 and is due on November 11, 2015. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | On January 12, 2015

Related Party Transactions (Textual)

Due to related parties

¥ 2,000,000

322,581

322,581

0

Unsecured loan payable and due date

Jan. 12, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from January 13, 2015 and is due on January 12, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | On February 8, 2015

Related Party Transactions (Textual)

Due to related parties

¥ 1,400,000

225,806

225,806

0

Unsecured loan payable and due date

Feb. 8, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from February 9, 2015 and is due on February 8, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | On March 10, 2015

Related Party Transactions (Textual)

Due to related parties

¥ 1,000,000

161,290

161,290

0

Unsecured loan payable and due date

Mar. 10, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from March 11, 2015 and is due on March 10, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | On April 21, 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 400,000

64,516

64,516

0

Unsecured loan payable and due date

Apr. 21, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from April 22, 2015 and is due on April 21, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | On April 21, 2015 One [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 700,000

112,903

112,903

0

Unsecured loan payable and due date

Apr. 21, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from April 22, 2015 and is due on April 21, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | On May 15, 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 800,000

129,032

129,032

0

Unsecured loan payable and due date

May 14, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from May 15, 2015 and is due on May 14, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | On May 20, 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 280,000

45,161

45,161

0

Unsecured loan payable and due date

May 20, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from May 21, 2015 and is due on May 20, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | On May 27 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 200,000

32,258

32,258

0

Unsecured loan payable and due date

May 28, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from May 29, 2015 and is due on May 28, 2016. The use of this loan is solely for the operations of Xinyu Industry.

Guangdong Xingbang [Member] | On June 8, 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 200,000

32,258

32,258

0

Unsecured loan payable and due date

Jun. 8, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from June 9, 2015 and is due on June 8, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | On June 17, 2015 [Member]

Related Party Transactions (Textual)

Due to related parties

¥ 740,000

119,355

119,355

0

Unsecured loan payable and due date

Jun. 18, 2016

Description of unsecured loans

The loan is interest free and unsecured with a term from June 19, 2015 and is due on June 18, 2016. The use of this loan is solely for the operations of Guangdong Xingbang.

Guangdong Xingbang [Member] | Mr. Yao [Member]

Related Party Transactions (Textual)

Due to related parties

806,452

806,452

805,854

Unsecured loan payable and due date

Jun. 18, 2013

Description of unsecured loans

The loan is interest free and unsecured. The loan was entered into on May 31, 2012, and the loan period started on June 19, 2012 and was due on June 18, 2013. On June 10, 2013, July 30, 2014 and June 18, 2015, the loan was renewed with the same terms and a renewed due date of June 18, 2016. The proceeds of the loan were used as the capital investment in Xinyu Xingbang, which is 50% owned by WFOE and 50% owned by Guangdong Xingbang.

Guangdong Xingbang [Member] | Mister Yao And Spouse [Member] | Office premises [Member]

Related Party Transactions (Textual)

Amount paid for lease

46,187

$ 45,422

$ 92,616

$ 93,381

Number of shareholders under lease | Shareholders

2

2

Monthly rental payment under operating lease

$ 15,486

¥ 96,000

Maturity date of operating lease agreement

Dec. 31, 2013

Dec. 31, 2016

Dec. 31, 2016

Term of lease

3 years

3 years

WFOE [Member] | Mr. Yao [Member]

Related Party Transactions (Textual)

Unsecured loan payable and due date

Jun. 10, 2013

Jun. 10, 2013

Due to a stockholder

806,582

$ 806,582

805,854

Description of unsecured loans

The loan is interest free and unsecured. The loan was entered into on May 31, 2012, and the loan period started on June 11, 2012 and was due on June 10, 2013. On May 31, 2013, August 7, 2014 and June 11, 2015, the loan was renewed with the same terms and a renewed due date of June 11, 2016. The proceeds of the loan were used as the capital investment in Xinyu Xingbang, which is 50% owned by WFOE and 50% owned by Guangdong Xingbang.

The loan is interest free and unsecured. The loan was entered into on May 31, 2012, and the loan period started on June 11, 2012 and was due on June 10, 2013. On May 31, 2013, August 7, 2014 and June 11, 2015, the loan was renewed with the same terms and a renewed due date of June 11, 2016. The proceeds of the loan were used as the capital investment in Xinyu Xingbang, which is 50% owned by WFOE and 50% owned by Guangdong Xingbang.

Xinyu Qiuying [Member]

Related Party Transactions (Textual)

Due to related parties

$ 1,221

$ 1,221

$ 0

Concentrations and Credit Ris34

Concentrations and Credit Risks (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Supplier [Member]
Concentrations and Credit Risks (Textual)
Concentration risk percentage	10.00%	10.00%	10.00%	10.00%
Customer [Member]
Concentrations and Credit Risks (Textual)
Concentration risk percentage	10.00%	10.00%	10.00%	10.00%

Subsequent Events (Details)

Subsequent Events (Details)	1 Months Ended
	Jul. 30, 2015USD ($)	Jul. 30, 2015CNY (¥)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Subsequent Events (Textual)
Due to related parties			$ 9,456,357	$ 5,173,317
Subsequent Event [Member] | Loan Agreement One [Member]
Subsequent Events (Textual)
Due to related parties	$ 80,645	¥ 500,000
Unsecured loan payable and due date	Jul. 30, 2016