Loan Agreement
| Summary Translation | Exhibit 4.32 |
Contract No. : GLSR-JK-201209-1
Borrower : Ganglian Finance Leasing Co., Ltd.
Lender : Hebei Shengrong Kaiyuan Auto Parts Co., Ltd.
Signing Date : September 24, 2012
Loan Amount : RMB20,000,000
Length of maturity : From September 24, 2012 to September 23, 2013
Use of Loan : Working Capital
Loan Interest : 6.60%
Date of Draft :September 24, 2012
Withdrawal Amount : RMB20,000,000
Payment Method : The principal shall be fully repaid with interest at the maturity date of the loan.
.
Repayment Date :September 23, 2013
