Supplementary Agreement to working Capital Loan Contract Borrower: Shenzhen Yangang Mingzhu Freight Industry Co., LTD Legal representative (responsible person): Jinlong Yang Lender: Bank of Communications Co., LTD. Shenzhen Branch Responsible person:...
Exhibit 10.11
Supplementary Agreement to working Capital Loan Contract
Borrower: Shenzhen Yangang Mingzhu Freight Industry Co., LTD
Legal representative (responsible person): Xxxxxxx Xxxx
Lender: Bank of Communications Co., LTD. Shenzhen Branch
Responsible person: Xxxx Xxxx
Guarantor: Shenzhen Yangang Pearl Logistics Co., LTD
Legal representative: Xxxx Xxxxxx
Guarantor: Yang Jinlong
Type of certificate: ID card
ID No. : XXX
Mortgagor: Yang Jinlong, Sun Hongxin, Xxxx Xxxxxx, Xxxx Xxxxxx
Type of certificate: ID card
ID No. : XXX
I. This Agreement is a supplement to the Working Capital Loan Contract (hereinafter referred to as the “Original Contract”) of no. YanGangMingZhu 2020, Except as otherwise agreed herein, the rights, obligations and relevant matters between the borrower, lender, mortgagor and guarantor shall be governed by the provisions of the original contract.
II. Upon application by the Borrower, the Lender agrees to modify the following contents of the original contract:
(1) Change the content of Article 16.1 of the original Contract.
The content before the change is: one-time quota (can be used several times)
The content after the change is: revolving line of credit
(2) Add the following contents to “Other Agreed Matters” in the original contract:
III. The guarantor agrees to continue to undertake the guarantee liability
IV This Supplementary Agreement shall come into force upon the signature (or seal) and official seal of the legal representative or authorized representative of the borrower, mortgagor or guarantor (if any), and signature (or seal) of the principal or authorized representative of the lender and seal of the unit. If the guarantor or mortgagor (if any) is a natural person, the guarantor shall sign.
V. This supplementary Agreement is made in quadruplicate, with the borrower, the mortgagor and the guarantor holding one copy each, and the lender holding the rest.
Borrower (seal of company):
Shenzhen Yangang Mingzhu Freight Industry Co., Ltd [Corporate Seal Affixed Here]
Person in charge or authorized representative (signature or seal):
| /s/ Xxxxxxx Xxxx |
Date of sign: April 29, 2021
Lender (seal of company):
Bank of Communications Co., LTD. Shenzhen Branch [Corporate Seal Affixed Here]
Person in charge or authorized representative (signature or seal):
| /s/ Xxxx Xxxx |
Date of sign: April 29, 2021
Guarantor (seal of company):
Shenzhen Yangang Mingzhu Logistics Co., LTD
Person in charge or authorized representative (signature or seal):
| /s/ Xxxxxx Xxxx |
Date of sign: April 29, 2021
Guarantor (signature):
| /s/ Xxxxxxx Xxxx |
Date of sign: April 29, 2021
Mortgagor:
| /s/ Xxxxxxx Xxxx, /s/ Hongxin Sun, /s/ Xxxxxx Xxxx, /s/ Xxxxxx Xxxx |
Date of sign: April 29, 2021
