LOAN CONTRACT粘贴英文
Contract Number：
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BORROWER：
Address：
LENDER：
Address：
In accordance with provisions of Contract Law of the Peoples Republic of China and Bank of China， after reviewing the status and the request of the Borrower， the Lender agrees to grant the Borrower a line of credit on . The Borrower， Lender and Guarantor，through friendly negotiation， have executed this Contract as follows：
ARTICLE 1 CURRENCY， AMOUNT AND TERM OF THE LOAN：
内野1. The Currency under this loan is Reiminbi.
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2. The Line of the loan is yuan.
3. The period of this loan is 12 months from the date of effectiveness of this contract.
ARTICLE 2 THE PURPOSE OF THE LOAN：
1. The purpo of this loan is ud for working capital turnover.
2. Without written approval of the Lender， the Borrower could not u the loan out of the scope of the purpo.basis
ARTICLE 3 INTEREST RATE AND CALCULATION OF INTEREST：
1. Interest rate： The interest rate shall be [***] During the loan term， if the countrys related authority adjusted the interest rate or the manner of calculation of interest， the interest of this contract shall be adjusted accordingly after one year from the date of execution of this contract.
The adjustment shall be conducted when the interest rate are executed one year.It is not obliged to inform the Borrower when the adjustment of interest.
mss2. The interest shall be calculated from the date of first drawdown and the actual days the borrower u. One year shall be calculated as 360 days.
3. The payment of interests： The Borrower shall pay the interests per quarter. The payment date shall be ， and. If the payment for the last installment is not on the payment date，the interests shall deduct the interest from the bank account of the Borrower. In the event that the Borrower fails to pay the interests on time and the balance of the account of the Borrower is not enough for the payment of interest， the Lender shall have rights to collect a penalty being [***] of the outstanding amount per day for the Borrowers breach of contract.
ARTICLE 4 OVERDUE INTERESTS AND MISUSING INTERESTS
1. If the Borrower fails to repay the loan and can not reach a agreement with the Lender regarding the extension， the Lender shall collect an overdue penalty for [***] of the overdue amount per day.
2. If the Borrower fails to us the loan in accordance with the provisions t forth in this contract， the Lender shall have right to charge a interests for the misusing part at a rate of [***] per day.
ARTICLE 5 ACCOUNT
The Borrower shall open Reiminbi basic account and/or foreign currency account at the Lender or Lenders branch for the u of draw-down， repayment，payment of interests and fees.
ARTICLE 6 DRAW-DOWNrecord什么意思
1. The loan under this contract is revolving， the balance of this contract shall not more than the line of credit.
2. The Borrower shall nd a draw-down application as the form herein attached in this contract 7 days before the date of draw-down.
3. The Borrower shall not draw the loan less than 1 million.
ARTICLE 7 CONDITIONS FOR DRAW-DOWN
The following conditions shall be satisfied in advance of the draw-down date：
1. The Borrower has opened foreign account and Reiminbi account at the office of the Lender or the branch of the Lender；
2. This contract and the appendices have been effective；
3. The Borrower has provided the recognition of the investment or certificate of the investment to the Lender；
4. The Borrower has provided the board resolution and power of attorney regarding this loan contract；
5. The Borrower has provided the list and the signature sample of the authorized person who empower to sign this contract and documents；
6. The Guaranty under this contract has been effective；
7. The Borrower has been satisfied the warrants under Article 11 of this contract；
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8. The other requirement for the draw-down have been satisfied.
ARTICLE 8 REPAYMENT PLAN AND PREPAYMENT
1. The Borrower shall repay the loan in accordance with the status of its cash. The Borrower shall inform the Lender the payment amount and date [***] prior to make the payment. The Borrower shall be obliged to repay the
principal and related interests on due date without any condition.
2. The payment made by the Borrower and the deduction from the account of the Borrower shall be ud for repaying the interest at first and then for repaying the principal.
3. In the event the Borrower fails to repay the loan， the Lender shall have rights to deduct the debt from the bank account of the Borrower at the Lender or empower the branches of the Lender to deduct the debt from the
bank account of the Borrower at the Lenders branches；
4. The installment of repayment shall not less than 1 million.
ARTICLE 9 DEBT CERTIFICATE
The Lender shall keep record in the Lenders account for the principal，interests and fees and other fees of the Borrower under this contract； The above mentioned record and the documentation for the draw-down， repayment and payment of interest is the certificates of the debts between the Borrower and the Lender.
ARTICLE 10 GUARANTY
during的用法
1. （the "Guarantor"） shall be the guarantor for the loan under this contract and take jointly liabilities.
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2. During the term of this contract， if the guarantors financial status bee deteriorated or the liabilities for repayment of debts bee weak， the Lender shall have
right to request the Borrower changes guarantor or provide mortgage and pawn cured for this loan under this contract.
ARTICLE 11 REPRESENTATIONS AND WARRANTIES
I. The Borrowers reprents and warrants as follows：
1. The Borrower is a pany duly organized and validly existing under the law of the PeoplesRepublic of China and has the power and authority to own its property to consummate the transactions contemplated in this contract and join the litigation. The Borrower has the power to handle it asts ud in operation.
2. The Borrower is at its option to sign and perform this contract.It is the Borrowers true meaning and has the power to sign this contract and it is not breach it article of association or regulations or contr
acts. The procedure for signature and performance of this contract has been gone through and fully effectiveness.
3. The all documents， materials， reports and certificates provided to the Lender by the borrower for consummation of this contract is true， real， pete and effective
4. The Borrower shall not conceal the following events which is being happened or have been happened which will cau the Lender refu to extend the loan：
（1） The Borrower or the principal executives of the Borrower involve in material events which breach regulations， laws or pensation to others；
（2） Pending actions and arbitration；
（3） The Borrowers debts or propod debts or liens and other encumbrances；
（4） The other matters will impact the financial status or abilities of repayment for the debts；
（5） The Borrower breached contract which is between the Borrower and other creditors.
II. The Borrower hereby warrants as follows：
1. Using the capital of the loan as usage t forth in this contract， the Borrower will not u the loan as Equity investment； The Borrower will not u the capital of the loan invest in curity， future， real estate etc. The Borrower will not lend to
