Maximum Amount Guarantee Contract between Guanwei and Quanzhou Branch of Bank of Communication (No.: 3550052009B100000705)
Exhibit
10.38
Maximum
Amount Guarantee Contract between Guanwei and Quanzhou Branch of Bank of
Communication (No.: 3550052009B100000705)
Note:
This contract is accessory to the General Credit Contract between Guanke and
Quanzhou Branch of Bank of Communication (No.:
3550052009C000001300).
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Date:
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April
8, 2009
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Guarantor:
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Guanwei,
located at Houlin industrial park, Luoshan residential district,
Jinjiang
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Creditor:
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Quanzhou
Branch of Bank of Communication, located at 000 Xxxxxx Xxxxxx,
Xxxxxxxx
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Maximum
amount secured by the guarantor:
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RMB24
million
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Guarantee
type:
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Joint
and several
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Term:
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Each
guarantee period is from the expiry date of each debt performance period
or the date of advanced payment by the creditor to the two years after the
expiry date of the last debt or the date of advanced payment by the
creditor.
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Governing
law
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Laws
of the People’s Republic of
China
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