Common use of Total Investment Amount and Registered Capital Clause in Contracts

Total Investment Amount and Registered Capital. 5.1 The total investment amount of the Joint Venture is RMB 56,000,000.00 The registered capital of the Joint Venture is RMB 28,000,000.00 Of which: Party A will provide RMB 2,800,000.00 in form of cash, factory and equipment as 10% of the registered capital of the Joint Venture. Party B will provide foreign currency equivalent to RMB 25,200,000.00 as 90% of the registered capital of the Joint Venture. The difference between total investment amount and the registered capital will be provided by the shareholders in form of shareholder loans. Of which: Party A will provide RMB 2,800,000.00 as Party A's shareholder loan to the Joint Venture. The Joint Venture will repay Party A's shareholder loan and interest in RMB. Party B will provide foreign currency or RMB equivalent to RMB 25,200,000.00 as Party B's shareholder loan to the Joint Venture. The Joint Venture will repay Party B's shareholder loan and interest in original loan currency. The timing of providing shareholder loan depends on the funding requirement of the Joint Venture.

Total Investment Amount and Registered Capital. 5.1 The total investment amount of the Joint Venture is RMB 56,000,000.00 80,674,000.00 The registered capital of the Joint Venture is RMB 28,000,000.00 51,191,400.00 Of which: Party A will provide RMB 2,800,000.00 10,422,569.00 in form of cash, factory and equipment as 1020.36% of the registered capital of the Joint Venture. Party B will provide foreign currency equivalent to RMB 25,200,000.00 40,768,831.00 as 9079.64% of the registered capital of the Joint Venture. The difference between total investment amount and the registered capital will be provided by the shareholders in form of shareholder loans. Of which: Party A will provide RMB 2,800,000.00 6,002,657.00 as Party A's shareholder loan to the Joint Venture. The Joint Venture will repay Party A's shareholder loan and interest in RMB. Party B will provide foreign currency or RMB equivalent to RMB 25,200,000.00 23,479,943.00 as Party B's shareholder loan to the Joint Venture. The Joint Venture will repay Party B's shareholder loan and interest in original loan currency. The timing of providing shareholder loan depends on the funding requirement of the Joint Venture.

Total Investment Amount and Registered Capital. 5.1 The total investment amount of the Joint Venture is RMB 56,000,000.00 25,918,000.00 The registered capital of the Joint Venture is RMB 28,000,000.00 17,430,000.00 Of which: Party A will provide RMB 2,800,000.00 1,743,000.00 in form of cash, factory and equipment as 10% of the registered capital of the Joint Venture. Party B will provide foreign currency equivalent to RMB 25,200,000.00 15,687,000.00 as 90% of the registered capital of the Joint Venture. The difference between total investment amount and the registered capital will be provided by the shareholders in form of shareholder loans. Of which: Party A will provide RMB 2,800,000.00 848,800.00 as Party A's shareholder loan to the Joint Venture. The Joint Venture will repay Party A's shareholder loan and interest in RMB. Party B will provide foreign currency or RMB equivalent to RMB 25,200,000.00 7,639,200.00 as Party B's shareholder loan to the Joint Venture. The Joint Venture will repay Party B's shareholder loan and interest in original loan currency. The timing of providing shareholder loan depends on the funding requirement of the Joint Venture.

Total Investment Amount and Registered Capital. 5.1 The total investment amount of the Joint Venture is RMB 56,000,000.00 34,924,000.00 The registered capital of the Joint Venture is RMB 28,000,000.00 17,462,000.00 Of which: Party A will provide RMB 2,800,000.00 1,746,200.00 in form of cash, factory and equipment as 10% of the registered capital of the Joint Venture. Party B will provide foreign currency equivalent to RMB 25,200,000.00 15,715,800.00 as 90% of the registered capital of the Joint Venture. The difference between total investment amount and the registered capital will be provided by the shareholders in form of shareholder loans. Of which: Party A will provide RMB 2,800,000.00 1,746,200.00 as Party A's shareholder loan to the Joint Venture. The Joint Venture will repay Party A's shareholder loan and interest in RMB. Party B will provide foreign currency or RMB equivalent to RMB 25,200,000.00 15,715,800.00 as Party B's shareholder loan to the Joint Venture. The Joint Venture will repay Party B's shareholder loan and interest in original loan currency. The timing of providing shareholder loan depends on the funding requirement of the Joint Venture.