Loan Agreement
Exhibit 4.108
Contract No. : TL1400018P
Borrower : Ganglian Finance Leasing Co., Ltd
Lender : Bank of East Asia (China) Limited Shijiazhuang Branch
Signing Date : August 4, 2014
Loan Amount : RMB105,000,000
Length of maturity : From August 4, 2014 to August 4, 2016
Use of Loan : Vehicle Purchase
Loan Interest : 6.765%
Date of Draft : August 4, 2014
Withdrawal Amount : RMB105,000,000
Payment Method: The interest should be repaid by quarterly. The principal shall be repaid at the end of 6 th month, 12th month, 18th month
and 24th month with the principal amount RMB5,000,000, RMB10,000,000,RMB10,000,000 and 80,000,000 separately .
Repayment Date : August 4, 2016
Loan Guarantee : Guaranty of Mortgage, Guaranty of Pledge, Guaranty of Guarantee
- Hebei Ruiliang Trading Co., Ltd entered into The Maximum Mortgage Contract with the lender, with the contract no. TL1400018P,
Which to take Kaiyuan Tower property as collateral for the assessment value of RMB 210,000,000.
- Hebei Ruiliang Trading Co., Ltd entered into The Maximum Pledge Contract with the lender, with the contract no. TL1400018P,
Which to take rent receivable of Kaiyuan Tower as pledge.
-Xx. Xx xxxx xxx entered into the Guarantee Contract with lender, with the contract no. TL1400018P.
