Loan Agreement
Exhibit 4.118
Contract No. :ABC(2012)1003-1
13010120140003173
Borrower : Shijie Kaiyuan Auto Trading Co., Ltd.
Lender : Agricultural Bank of China, Shijiazhuang North City Branch
Signing Date : December 26, 2014
Loan Amount : RMB100,000,000
Length of maturity : December 26, 2014 to December 25, 2015
Use of Loan : Vehicle Purchase
Loan Interest : 6.72%
Date of Draft : January 4, 2015
Withdrawal Amount : RMB100,000,000
Payment Method : The principal and interest shall be fully repaid at the maturity date of the loan.
Repayment Date : January 3, 2016
Loan Guarantee : Guaranty of Mortgage .
- Hebei Ruiliang Trading Co., Ltd entered into The Maximum Pledge Contract with the lender, with the contract no13010120140003173.
