Loan Agreement
| Summary Translation | Exhibit 4.54 |
Contract No. :ABC(2012)1011-1 13062020130000301
Borrower : Shijie Kaiyuan Auto Trade Co., Ltd.
Lender : Agricultural Bank of China, Shijiazhuang North City Branch
Signing Date : April 19, 2013
Loan Amount : RMB100,000,000
Length of maturity : From April 19, 2013 to October 13,2013
Use of Loan : Vehicle Purchase
Loan Interest : 6.16%
Date of Draft :April 19, 2013
Withdrawal Amount : RMB100,000,000
Payment Method : The principal shall be fully repaid with interest at the maturity date of the loan.
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Repayment Date :October r13,2013
Loan Guarantee : Guaranty of Pledge
- Shijie Kaiyuan Auto Trade Co., Ltd. make pledge account receivable to Agricultural Bank of China, Shijiazhuang North City Branch, with the contract no. ABC(2012)1011-6 0000000000
