Common use of FACTORING AGREEMENT Clause in Contracts

FACTORING AGREEMENT. The Board hereby announces that on 2 September 2024, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted revolving factoring financing credit limits to New Cooperative Grain and New Cooperative Grain is entitled to apply for accounts receivables transfer and factoring services. If New Cooperative Grain needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing within the revolving credit limit. The principal terms of the Factoring Agreement entered into between the Company and New Cooperative Grain are set out below: Date : 2 September 2024

FACTORING AGREEMENT. The Board hereby announces that on 2 September 22 November 2024, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted revolving factoring financing credit limits to New Cooperative Grain Dongfang Xinrui and New Cooperative Grain Xxxxxxxx Xxxxxx is entitled to apply for accounts receivables transfer and factoring services. If New Cooperative Grain Dongfang Xinrui needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing within the revolving credit limit. The principal terms of the Factoring Agreement entered into between the Company and New Cooperative Grain Dongfang Xinrui are set out below: Factoring Agreement Date : 2 September 22 November 2024

FACTORING AGREEMENT. The Board hereby announces that on 2 September 20243 April 2020, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted revolving factoring financing loan credit limits to New Cooperative Grain Xxxxxxx Xxxxxxx and New Cooperative Grain Xxxxxxx Xxxxxxx is entitled to apply for accounts receivables transfer and factoring services. If New Cooperative Grain Xxxxxxx Xxxxxxx needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing loan within the revolving credit limit. The principal terms of the Factoring Agreement entered into between the Company and New Cooperative Grain Jiangsu Hengrui are set out below: Date : 2 September 2024:

FACTORING AGREEMENT. The Board hereby announces that on 2 September 27 December 2024, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted revolving factoring financing credit limits to New Cooperative Grain Chendu Construction and New Cooperative Grain Chendu Construction is entitled to apply for accounts receivables transfer and factoring services. If New Cooperative Grain Chendu Construction needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing within the revolving credit limit. The principal terms of the Factoring Agreement entered into between the Company and New Cooperative Grain Chendu Construction are set out below: Factoring Agreement Date : 2 September 27 December 2024

FACTORING AGREEMENT. The Board hereby announces that on 2 September 20 November 2024, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted revolving factoring financing credit limits to New Cooperative Grain Binhai ED and New Cooperative Grain Binhai ED is entitled to apply for accounts receivables transfer and factoring services. If New Cooperative Grain Binhai ED needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing within the revolving credit limit. The principal terms of the Factoring Agreement entered into between the Company and New Cooperative Grain Binhai ED are set out below: Factoring Agreement Date : 2 September 20 November 2024

FACTORING AGREEMENT. The Board hereby announces that on 2 September 202412 August 2020, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted revolving factoring financing loan credit limits to New Cooperative Grain Jianhu and New Cooperative Grain Jianhu is entitled to apply for accounts receivables transfer and factoring services. If New Cooperative Grain Jianhu needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing loan within the revolving credit limit. The principal terms of the Factoring Agreement entered into between the Company and New Cooperative Grain Jianhu are set out below: Date : 2 September 2024:

FACTORING AGREEMENT. The Board hereby announces that on 2 28 September 20242022, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted revolving factoring financing credit limits to New Cooperative Grain Guanhong Supply Chain and New Cooperative Grain Guanhong Supply Chain is entitled to apply for accounts receivables transfer and factoring services. If New Cooperative Grain Guanhong Supply Chain needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing within the revolving credit limit. The principal terms of the Factoring Agreement entered into between the Company and New Cooperative Grain Guanhong Supply Chain are set out below: Date : 2 28 September 20242022

FACTORING AGREEMENT. The Board hereby announces that on 2 September 25 December 2024, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted revolving factoring financing credit limits to New Cooperative Grain Xxxxx Xxxxxxxx and New Cooperative Grain Xxxxx Xxxxxxxx is entitled to apply for accounts receivables transfer and factoring services. If New Cooperative Grain Xxxxx Xxxxxxxx needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing within the revolving credit limit. The principal terms of the Factoring Agreement entered into between the Company and New Cooperative Grain Yanxi Jingxuan are set out below: Factoring Agreement Date : 2 September 25 December 2024