Supply Agreement
Party
A: Anshun Jiujiu Chinese Medicine Co., Ltd. (Consignee)
Party
B: Guizhou Baite Pharmaceutical Co., Ltd. (Consigner)
Pursuant
to relevant policies, to avoid repeated construction and overinvestment, Party
A
undertakes to do the pre-processing and extraction of all drugs of Party B
through amicable talks, and reaches the following agreement with Party B in
accordance with related regulations on entrusted processing.
1.
Party
B provides the recipe, production technology, and the quality requirement at
each key control point in the process of production of the drugs to be
processed.
2.
Party
A takes charge of such works as medicinal material purchase, sorting and washing
of medicinal materials before use, storage and keeping of middle products,
and
transportation of middle products.
3.
Party
A may perform the processing in accordance with the production technology
provided by Party B or with its own production process, provided the quality
standards required by Party B are met.
4.
Party
A shall provide complete production record to Party B, and provide middle
products meeting the quality requirement of Party B. In case quality problems
are found with the middle products, Party A shall take corresponding
responsibilities. For details, the two parties shall hold talks to solve.
5.
To
ensure the quality of products, Party B shall assign technicians to carry out
quality supervision as well as technical guidance throughout the entire
production process.
6.
Method
of price calculation: price shall be calculated on the basis of drug extract,
at
35.6 yuan/kg.
7.
Method
of payment: to be determined by the two parties through talks.
This
agreement is made out in duplicate, with Party A and Party B keeping each;
unstated matters shall be solved through talks.
Party
A: Anshun Jiujiu Chinese Medicine Co., Ltd. (Stamped)
July
1,
2005
Party
B: Guizhou Baite Pharmaceutical Co., Ltd. Supply Department
(Stamped)
July
1,
2005
