Short-term Loan Agreement
Exhibit 99.1
Party A: Henan Province Pingdingshan Hongli Coal & Coke Co., Ltd. - Baofeng Coking Factory
Party B: XXXX Xxxxxxx
Based on the principle of mutual benefits, the parties enter, and agree to abide by, this short-term loan agreement.
| 1. | Because of cash flow requirements of Party A, XXX 00 million from Party B will go into the account of Party A, of which Party A will expend RMB 9 million. |
| 2. | Party A will assist Party B with its cash flow, and shall deem the remaining RMB 1 million from Party B as a short-term loan. |
| 3. | The term of the loan is one month and without interest, to be repaid in full at the end of the term. |
| 4. | The parties shall each hold one copy of this agreement, to be in effect upon the parties signatures and seals. |
| 5. | This agreement is entered into in Pingdingshan City, Henan Province, on September 30, 2013. |
| Party A: [seal] | Party B: | /s/ XXXX Xxxxxxx | |||
| /s/ LV Jianhua |
