[excellent] debt transfer agreement

Article 1: Debt Transfer Agreement

Signing time: July 13, 2019 Signing place: Party A: Party B: Party C: Guarantor:

In order to properly resolve the creditor's rights and debts of the LGS820 type of the temporary road roller purchased by Party B in Party A, Party A, Party B and Party B and the guarantor reached the following debt transfer agreement in accordance with the law, in accordance with the law: 1. The three parties and the guarantor Unanimous confirmation: As of the date of signing this Agreement, Party B defaulted on Party A's arrears totaling RMB 250,000.

2. Party A and Party B unanimously agree that Party A agrees that Party B shall transfer all the debts owed by Party A to Party A to Party C, and Party C shall directly pay Party A in accordance with this Agreement to settle Party A's owed Party A. The 250,000 yuan debt will be paid by Party C to Party A for RMB 100,000 before July 14, 2019, and the remaining RMB 150,000 will be paid by Party C for RMB 30,000 on August 20, 2019. On September 20, the company paid 30,000 yuan, paid 30,000 yuan on October 20, 2019, paid 30,000 yuan on November 20, 2019, and paid 30,000 yuan on December 25, 2019.

Third, promise and guarantee:

1. Party B guarantees that the repayment shall be made on time according to the time stipulated in this Agreement. If there is any unpaid repayment on time, the debts of instalment repayment agreed in this Agreement shall expire in advance. Party A has the right to request Party C to immediately repay all debts.

2. The guarantor Yao Xiaozhen used the SH240-5 excavator purchased by him as the collateral for the above debts owed by Party C. The guarantor Yao Xiaozhen pledges that if Party C fails to repay the loan, Party C will voluntarily accept Party A’s measures for the collateral to stop, tow, sell, and bear all the expenses incurred by Party A in realizing the creditor’s rights.

4. After the entry into force of this Agreement, Party A will no longer claim claims from Party B. If Party C fulfills its full repayment obligation, Party A shall forward Party B's invoice and certificate of LMC820 purchased by Party A to Party C.

5. If this Agreement is invalid or revoked, Party B will continue to perform its obligations in accordance with the original contract and other legal files. 6. The parties agree that if a party breaches its representations, warranties, undertakings or any other obligations made in this Agreement, causing the other party to suffer or suffer damages, losses, claims, etc., the defaulting party shall make full compensation to the other party. 7. This Agreement shall become effective after it has been officially signed by the third party, Party A, Party B and the guarantor and signed by the three parties and the legal representative of the guarantor or the agent authorized by the legal representative.

8. Matters not covered in this Agreement shall be handled in accordance with the relevant laws, regulations and rules of the State.

IX. This Agreement shall be made in triplicate, and each of Party A, Party B and Party C shall hold one copy.

Party A:

Party B:

Party C:

guarantor:

PART 2: Debt Transfer Agreement

Debtor of debt: ___________________

residence:_______________________________

Legal representative: ____________________________________

lender:_______________________

residence:_______________________________

Legal representative: ____________________________________

Debt transfer party: ___________________

residence:_______________________________

Legal representative: ____________________________________

Signing time:___________________________________

place of signing:___________________________________

In order to properly resolve the creditor's rights and debts of both parties, Party A, Party B and Party C, through negotiation, reached the following debt transfer contract in accordance with the law:

1. The three parties agree to transfer Party B's debts to Party A, which shall be determined by Party B and Party B on the date of _________________________________________________________________________________________________________________________________________________________________________________

2. The debt transferred by this contract includes all the debts that Party C has not fulfilled in the loan contract.

Third, Party A promises

According to the loan contract and its subsidiary file, Party A has confirmed that Party C has all the debts of Party B under the loan contract and voluntarily accepts all rights and obligations of Party C under the loan contract. Party A becomes the borrower of the loan contract.

Before the contract is effective, complete the formalities for re-confirmation of the guarantee contract or provide new guarantees approved by Party B and other matters that need to be changed, such as insurance.

Any other contract or creditor's rights of Party A and Party C or any third party are not related to this contract. After the commencement of this contract, Party A shall not refuse to perform this contract on the grounds that it is invalidated, revoked or cancelled by any other contract or any other third party or any other third party.

Party A shall not refuse to perform the obligations stipulated in this contract on the grounds of any fault of Party C.

4. After the contract comes into effect, Party B will no longer claim the claims under the loan contract from Party C.

5. If the contract is invalid or revoked, Party C will continue to perform its obligations in accordance with the loan contract and its subsidiary files.

6. All proceedings arising from the performance of this contract shall be under the jurisdiction of the people's court of the residence of Party B.

7. This contract shall become effective after it has been signed by the three parties, including A, B and C, and signed by the representative of the three methods or the agent authorized by the legal representative.

8. Matters not covered in this contract shall be handled in accordance with the relevant laws, regulations and rules of the State.

IX. This contract is made in triplicate, and each of Party A, Party B and Party C is one.

X. Attached files of this contract

Copy of Party A Loan Certificate

A copy of the business license of Party A’s annual inspection by the Administration for Industry and Commerce

Party A authorized agent power of attorney

Loan contract

Guarantee contract

___________________________________

Debtor of debt: ____________________________

Legal representative: ____________

lender:________________________________

Legal representative: ____________

Debt transfer party: ____________________________

Legal representative: ____________

Part 3: Debt Transfer Agreement

Contract number:

year

Word number

number

Debt assignee:

residence:

Legal representative:

lender:

residence:

Legal representative:

Debt transfer party:

residence:

Legal representative:

Signing time:

year

month

day

place of signing:

In order to properly resolve the creditor's rights and debts of both parties, Party A, Party B and Party C have reached a meeting through consultation.

The following debt transfer agreement:

First, the three parties agree to

year

month

The number of loans made by Japan

The same Party C’s debt to Party B shall be transferred to Party A.

2. The debt transferred by this Agreement includes all the debts that Party C has not fulfilled in the loan contract.

Third, Party A promises:

According to the loan contract and its subsidiary file, Party A has confirmed that Party C is all under Party B under the loan contract.

Debt, and voluntarily accept all the rights and obligations of Party C under the loan contract, and Party A becomes the loan contract.

Borrower.

Complete the formalities for re-confirmation of the guarantee contract or provide a new burden approved by Party B before the entry into force of this Agreement

Other matters that need to be changed, such as insurance and insurance.

Any other agreement or debts and debts between Party A and Party C or any third party are not related to this Agreement.

. After the entry into force of this Agreement, Party A shall not use any other agreement between Party A and Party C and any third party.

On the grounds of invalidation, revocation or dissolution of creditor's rights and debts, refusal to perform this Agreement.

Party A shall not refuse to perform its obligations as stipulated in this Agreement on the grounds of any fault of Party C.

4. After the entry into force of this Agreement, Party B will no longer claim Party C's claims under the Loan Contract.

5. If this Agreement is invalid or revoked, Party C will continue to perform its obligations in accordance with the Loan Contract and its subsidiary files.

6. All proceedings arising out of the performance of this Agreement shall be under the jurisdiction of the people's court of the residence of Party B.

7. This Agreement shall be affixed with the official seals by Party A, B and C and shall be represented by the three methods or by the legal representative.

The authorized agent will take effect after signing.

8. Matters not covered in this Agreement shall be handled in accordance with the relevant laws, regulations and rules of the State.

IX. This Agreement shall be made in triplicate, and each of Party A, Party B and Party C shall hold one copy.

X. Attached files to this Agreement:

Copy of Party A Loan Certificate

A copy of the business license of Party A’s annual inspection by the Administration for Industry and Commerce

Party A authorized agent power of attorney

Loan contract

Guarantee contract

Debt assignee:

Legal representative:

lender:

Legal representative:

Debt transfer party:

Legal representative: