Loan Agreement
Exhibit 4.103
Contract No. :ABC(2012)1003-1
13010120140002789
Borrower : Shijie Kaiyuan Auto Trading Co., Ltd.
Lender : Agricultural Bank of China, Shijiazhuang North City Branch
Signing Date : November 7, 2014
Loan Amount : RMB100,000,000
Length of maturity : November 7, 2014 to November 6, 2015
Use of Loan : Vehicle Purchase
Loan Interest : 6.9%
Withdrawal Amount : RMB100,000,000
Payment Method : The interest should be repaid by monthly. The principal shall be fully repaid at the maturity date of the loan.
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Repayment Date : November 10, 2015
Loan Guarantee : Guaranty of Mortgage
- Hebei Ruiliang Trade Co., Ltd. entered into The Maximum Mortgage Contract with the lender, with the contract no.13100220140064999