Loan Agreement
| Summary Translation | Exhibit 4.34 |
Contract No. : SJZ0910720130006
Borrower : Shijie Kaiyuan Auto Trade Co., Ltd.
Lender : Guotai Junan Securities Assets Management Limited
Assigned bank : Hua Xia Bank Shijiazhuang Xxxxxxx Xxxxxx
Signing Date : January 31, 2013
Loan Amount : RMB150,000,000
Length of maturity : From November 5, 2012 to November 5, 2013
Use of Loan : Working Capital
Loan Interest : 6.60%
Date of Draft :January 31, 2013
Withdrawal Amount : RMB150,000,000
Payment Method : The interest should be repaid by quarterly. The principal shall be fully repaid at the maturity date of the loan.
Repayment Date :January 30, 2014
Loan Guarantee : Guaranty
- Hebei Chuanglian Finance Leasing Co., Ltd. entered into Guarantee Contract with the assigned bank, with the contract no.: SJZ0910720130006-11.
- Hebei Xuhua Trading Co., Ltd. entered into Guarantee Contract with the assigned bank, with the contract no.: SJZ0910720130006-13.
- Ganglian Finance Leasing Co., Ltd. entered into Guarantee Contract with the assigned bank, with the contract no.: SJZ0910720130006-12.
- Hebei Ruihua Real Estate Development Co., Ltd. entered into Guarantee Contract with the assigned bank, with the contract no.: SJZ0910720130006-15.
- Hebei Ruituo Auto Trade Co., Ltd. entered into Guarantee Contract with the assigned bank, with the contract no.: SJZ0910720130006-14.
Loan Guarantee : Guaranty of Pledge
- Ganglian Finance Leasing Co., Ltd entered into The Maximum Pledge Contract with the lender, with the contract no.2012JIYINZUIQUANZHIZIDI12140568.
- Shijie Kaiyuan Auto Trade Co., Ltd. is entered into The Maximum Pledge Contract with the assigned bank, with the contract no. SJZ091072010006-03 to secure the receivable owned by Ganglian Finance Leasing Co., Ltd.
