Common use of Factoring Charge and Interests Clause in Contracts

Factoring Charge and Interests. The charge for factoring services pursuant to the Factoring Agreement amounted to approximately 1.4%. The interest rate applicable to the factoring facilities is 2.7%, being a rate on the day before facility payment date equivalent to the one year loan prime rate announced by the People’s Bank of China –100 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables I by the lessees under the Finance Lease Agreement I and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.

Factoring Charge and Interests. The charge for factoring services pursuant to the Factoring Agreement amounted to approximately 1.4%0. The interest rate applicable to the factoring facilities is 2.74.6%, being a rate on the day before facility payment date equivalent to the one year loan prime rate announced by the People’s Bank of China –100 +90 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables I I, the Lease Receivables II and the Lease Receivables III by the lessees under the Finance Lease Agreement I I, the Finance Lease Agreement II and the Finance Lease Agreement III and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.

Factoring Charge and Interests. The charge for factoring services pursuant to the Factoring Agreement amounted to approximately 1.4%RMB474,704.95. The interest rate applicable to the factoring facilities is 2.74.05%, being a rate on the day before facility payment date equivalent to the one year loan prime rate announced by the People’s Bank of China –100 + 20 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables I I, the Lease Receivables II and the Lease Receivables III by the lessees under the Finance Lease Agreement I I, the Finance Lease Agreement II and the Finance Lease Agreement III and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.

Factoring Charge and Interests. The charge for factoring services pursuant to the Factoring Agreement I and the Factoring Agreement II amounted to approximately 1.40.375%. The interest rate applicable to the factoring facilities is 2.74.0%, being a rate on the day before facility payment date equivalent to the one year five years loan prime rate announced by the People’s Bank of China –100 – 30 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables I and the Lease Receivables II by the lessees under the Finance Lease Agreement I and the Finance Lease Agreement II and will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.

Factoring Charge and Interests. The charge for factoring services pursuant to the Factoring Agreement I and the Factoring Agreement II amounted to approximately 1.40.4%. The interest rate applicable to the factoring facilities is 2.73.4%, being a rate on the day before facility payment date equivalent to the one year five years loan prime rate announced by the People’s Bank of China –100 – 55 basic points (one basic point equal to 0.01%). Factoring facilities interest = factoring facilities balance × factoring facilities interest rate × actual occupancy day/360. The amount of the factoring facilities interest is the same as the amount of interest payable under the Lease Receivables I I, the Lease Receivables II and the Lease Receivables III by the lessees under the Finance Lease Agreement I I, the Finance Lease Agreement II and the Finance Lease Agreement III will be paid by the Company to the Factoring Bank upon receipt of the rent paid by the lessees on each rent payment date.