Assets Debt Agreement

lender:_________

Borrower:_________

In order to solve the debt owed by Party B to Party A, and support Party B to carry out asset reorganization, the two parties reached the following agreement on the basis of voluntary, equal and consultation on the basis of China's current laws and regulations and relevant policies:

1. Creditor confirmation clause

The two parties jointly confirmed that as of the _________ year _________ month _________ day, Party B owes a total of _________ yuan of the principal and interest of the RMB loan, including _________ yuan of principal and _________ yuan of interest.

Second, the debt terms

1. Responsible debtor

Party B acts as the debtor, and Party A agrees that Party B shall repay the debts owed to Party A in accordance with the second item below.

2. Debt and debts

Party B voluntarily credits the assets of Party A that have been authorized by the State to operate and have legal discretion to compensate Party A's debts to RMB _________ million.

Third, Party B's guarantee

1. Ensure that you have legal rights to dispose of the credited assets and that there are no other disputes over property rights.

2. Ensure that the debt-reduction behavior complies with the procedures stipulated by laws, regulations and the company's articles of association.

3. Ensure that Party A is not interfered by other creditors of Party B due to the debt repayment.

4. Responsible for all responsibilities arising from the lack of disposition and violation of relevant regulations.

Fourth, the delivery of debts

After signing this Agreement, Party A has the right to dispose of the debt assets under this Agreement and transfer all the debt assets. Party B shall, after receiving written notice from Party A, deliver the assets under this Agreement to the assignee as determined by Party A, and the delivery method shall be separately negotiated between Party B and the transferee.

V. Effectiveness of asset debt behavior

After all the following conditions have been fulfilled, Party B shall formally enter into a confirmation letter of acceptance of Party A’s assets, and the debt-reduction actions agreed upon in this Agreement shall come into effect.

1. Approved this debt agreement by Party A's superior bank.

2. Party A successfully completes the transfer of the foreclosed assets under this Agreement or receives the transfer in full.

3. Party A receives written evidence that the transferee has delivered the debt.

6. The elimination of creditor's rights and debts

After the debt-repayment act confirmed in Article 5 of this Agreement comes into effect, the principal and interest of the loan owed by Party B to Party A shall be deemed to have been fully settled.

7. If the debt-receiving behavior confirmed in this Agreement has not entered into force, this Agreement shall not be legally binding on all parties. Party A has the right to exercise the right of recourse in accordance with the original loan contract and the agreement of the guarantee contract.

8. This Agreement is in quadruplicate and has the same legal effect.

person A person B:_________

Person in charge: _________ Person in charge: _________

_________Year ___Month ___Day _________Year ___Month___Day