Maximum Debt Guarantee Contract (English Summary)
Exhibit 10.27
Maximum Debt Guarantee Contract
(English Summary)
| Date of Signing | Sept 10, 2009 |
| Contract No |
 |
| Parties to Contract |
SD Group as Guarantor and Xiaoshan Bank of China as Lender |
|
| |
| Guarantee |
Great Shengda |
|
| |
| Guaranteed Maximum |
RMB 150,000,000 million |
| Amount |
|
|
| |
| Guaranteed Indebtedness |
any indebtedness incurred by Great Shengda to Lender during the term of Sept 10, 2009 and Aug 10, 2010 |
|
| |
| Guaranteed Scope |
The principal, interests, liquidated damage, damage, costs arising from the realization of the debt of the relevant indebtedness and any cost incurred. |
|
| |
| Term |
Two years after the expiration of the term of the relevant indebtedness |
|
| |
| Undertakings |
Guarantor shall inform Lender when any event that may affect its financial status or capacity to perform under the contract occurs. |
