Loan Agreement
EXHIBIT
10.12
Borrower
(Party A): Shaanxi Xxxxx Xxxx Products Company Ltd.
Legal
Representative: Xxxxx Xx
Address:
Room 021906, Xxxx 0, Xxxxxxxx 0, Xxxxxxx
Time Plaza, Tangyan Road, High Tech Zone, Xi'an, Shaanxi
Loaner
(Party B): Xi'an Hanxin Science & Technology Co. Ltd.
Legal
Representative: Chen Xxxx Xxxxx
Address:
3rd
floor, A Tower, Chuangxin Info Building, Xx.00 Xxxx Xxxx, Xxxx Xxxx Xxxx, Xx'xx,
Xxxxxxx
Party A
and party B have come to the following agreements through
negotiations:
1. Amount of the loan shall be RMB10million;
2. The loan
period shall be from Oct. 27th,
2009 to Oct. 27th,
2011;
3. The interest
of the loan shall not be calculated here;
4. This
agreement shall come into effect after signing and sealing of both parties, and
shall expire naturally when party B receives all principal and
interests;
5. This
agreement has two duplicates with equal legal effects; either party shall hold
one duplicate;
6. Disputes
shall be settled through negotiation, or either party may bring up a lawsuit
again the other at the local people's court.
Borrower
(seal/signature): Xxxxx Xx
Date:
Oct. 28th,
2009
Loaner (seal/signature):
Chen Xxxx Xxxxx
Date:
Oct. 28th,
2009
