Common use of AMOUNT AND INTEREST OF THE LOAN Clause in Contracts

AMOUNT AND INTEREST OF THE LOAN. 2.1 The Parties hereby confirm that the Lender has provided the principal of the Loan to the Borrower in the amount of RMB70,000,000 (in words: seventy million Yuan). 2.2 The interest rate for the Loan under this Agreement is ZERO, i.e. there shall be no interest accruing on the Loan.

AMOUNT AND INTEREST OF THE LOAN. 2.1 The Parties hereby confirm that the Lender has provided the principal of the Loan to the Borrower in the amount of RMB70,000,000 RMB1,000,000 (in words: seventy one million Yuan). 2.2 The interest rate for the Loan under this Agreement is ZERO, i.e. there shall be no interest accruing on the Loan.