China Investment Bank Hunan Branch Short-term Foreign Exchange Loan Contract

Numbering:________

Borrower: ______________________

Lender: China Investment Bank Hunan Branch

A ________ project approved under the ________________ file. The required funds will be applied by Party A, and Party B will review and agree to issue short-term foreign exchange loans. Both parties agree to sign this contract in accordance with the "Contract Law of the People's Republic of China" and the "Debt Contract Regulations" issued by the State Council, and abide by them.

The first loan amount: foreign exchange loan ________________ USD.

Article 2 Use of Borrowing: Foreign exchange loans are used for ________________________________________

Article 3 Term of Borrowing: The current loan shall be paid back by Party B from the date of _______ years ______ ______ to _______ years ______ months ______.

Article 4 Borrowing Interest Rate: The annual interest rate of the current loan is ________%. Party B shall charge interest on a quarterly basis. If Party A fails to pay interest on schedule, it shall transfer the loan principal to repay the interest. During the performance of the contract, if the state adjusts the interest rate or changes the interest-bearing method, it shall be implemented in accordance with national regulations.

Article 5 Use of Borrowing: After the signing of this contract, Party A shall provide Party B with the order card for the external purchase contract as the basis for payment. Party A authorizes Party B to take the initiative to pay the loan account with the payment confirmation notice of the relevant import department. Party A shall entrust Party B to deduct the loan from the loan account and transfer the “payment notice” to Party A.

Article 6 Loan Repayment: Party A guarantees to repay the principal and interest of the loan in the same type of foreign currency borrowed by the repayment plan within the loan term specified in this contract. The repayment plan is attached.

Article 7 Repayment Guarantee: The principal and interest of the loan under this contract shall be the guarantor of Party A by ________, and the guarantor shall issue a letter of guarantee to Party B at the request of Party B. Once Party A cannot repay the principal and interest of the loan on time, the guarantee unit shall be responsible for the repayment of principal and interest.

Article 8 Liability for breach of contract

1. Party A does not use the payment plan, and the lesser or more used part must pay Party B a burden of 2‰. Party B shall pay Party A 2% of the liquidated damages due to its own responsibility not to provide loans according to the use plan.

2. If Party A does not use the loan as stipulated in the contract, Party B has the right to stop or withdraw all or part of the loan, and the misappropriation loan part will add 100% penalty interest on the basis of the original loan interest rate.

3. If due to force majeure, Party A shall not pay off the principal and interest at the end of the loan term, and shall submit an application for extension to Party B ten days before the due date. With the consent of Party B, both parties jointly modify the original borrowing period of the contract and re-determine the corresponding loan interest rate. If Party A fails to return the loan on time without the consent of Party B, Party B has the right to deduct from the account opened by Party A in any bank, and from the date of expiration, the interest on the overdue loan will be subject to a 30% interest rate on the borrowing rate.

Article 9 Other Provisions

1. In the event of one of the following circumstances, Party B has the right to stop the issuance of the loan and to withdraw the loan that has been issued immediately or within a limited time.

The situation, statements and various information provided by Party A to Party B are not true;

Party A and the third party have a lawsuit. After the court has lost the lawsuit and paid the compensation, it is unable to repay the principal and interest of the loan to Party B;

Party A’s total assets are insufficient to cover its total liabilities;

Party A’s guarantor violates or loses the conditions specified in the bond.

2. Party B has the right to inspect and supervise the use of the loan. Party A shall provide Party B with relevant statements and materials.

3. If either Party A or Party B requests to change the contract or a clause in this contract, it must notify the other party in writing beforehand. The terms of this contract will remain valid until the parties reach an agreement.

4. The loan application, industry and trade contract, use and repayment plan and other written materials related to the contract provided by Party A shall be part of this contract and have the same legal effect as this contract.

5. This contract is a form of ________, which shall become effective after being sealed by the lender and the legal representative or the signatory authorized by the legal representative.

Lender: ________________

Legal representative: ______________

Manager: ________________

Borrower: ________________

Legal representative: ______________

__________year month day