China People's Construction Bank Foreign Exchange Guarantee Contract

applicant:_______________________

Trusted Bank: _____________________

The applicant applies to the trustee bank for the issuance of foreign exchange guarantee in accordance with the “Measures for Foreign Exchange Guarantee of the People's Construction Bank of China”, and the beneficiary is ________________________. For this letter of guarantee, the parties reached the following agreement:

1. The letter of guarantee is issued by the entrusted bank in the ______ year ___ month ______, the amount of the guarantee is ________. The letter of guarantee is valid until ______ year ______ month ______ day.

2. The applicant undertakes to assume the corresponding obligations in accordance with the terms listed in the application for the letter of guarantee, and agrees that the entrusted bank shall not be held liable in the case of ________________________.

3. The applicant pays the guarantee fee at the rate of ________‰ of the amount of the guarantee, for a total of ________. The payment method is ______________________________.

4. This contract is in duplicate and has the same effect. This contract shall become effective on the date of signature by both parties and shall expire on the date of cancellation of the guarantee obligations of the entrusted bank.

5. Matters not covered in this contract shall be handled in accordance with the Measures for Foreign Exchange Guarantee of the People's Construction Bank of China.

6. The subsidiary files listed in this contract, that is, the application for the letter of guarantee, the letter of guarantee and the letter of counter-guarantee are all integral parts of this contract, and have the same legal effect as this contract.

applicant:_____________________

Legal representative: _________________

Trusted Bank: ___________________

Legal representative: _________________

____________year month day

Attached:

Counter guarantee letter

China People's Construction Bank ________ line:

__________________ The company signed a business contract with ________ country_____________ on ____________________________________________________________________________________________________________________________________________________________________________________ According to the provisions of Article ________ of the contract, the company must provide the other party with a letter of guarantee issued by the People's Construction Bank of China. The amount of the guarantee is ________ and the beneficiary of the foreign party is ________________. To this end, our company is willing to assume responsibility for external payment for the company and guarantee the following:

1. This counter-guarantee letter is an unconditional irrevocable letter of guarantee. During the validity period of this letter of guarantee, if the beneficiary requires you to perform the obligation of guarantee in accordance with the relevant provisions of the letter of guarantee and the contract, and _______ is unable to perform the obligation of external payment, you can entrust the unit to open the bank without the consent of the unit. All the externally paid amounts and fees are deducted from my unit's foreign exchange account or foreign exchange quota account and RMB account.

2. If my unit fails to comply with the above requirements in time, and asks you to advance the funds, you can calculate the foreign exchange interest from the date of payment of your one-year foreign exchange loan to the date of return of the unit. And related fees. If it is more than half a year, it is willing to pay a penalty of 50% overdue.

3. The validity period of this letter of guarantee shall become effective from the date of issuance, and shall expire upon the termination of the guarantee liability.

guarantor:___________________

Legal representative: _______________

Bank and account number: ___________________

_____________year month day