Loan Agreement
| Summary Translation | Exhibit 4.28 |
Contract No. : 2012JIYINDAIZIDI12100668
Borrower : Shijie Kaiyuan Auto Trade Co., Ltd.
Lender : CITIC Shijiazhuang Branch
Signing Date : August 30, 2012
Loan Amount : RMB50,000,000
Length of maturity : From August 30, 2012 to August 30, 2013
Use of Loan : Working Capital
Loan Interest : 6.90%
Date of Draft :August 30, 2012
Withdrawal Amount : RMB50,000,000
Payment Method : The interest should be repaid by monthly. The principal shall be fully repaid at the maturity date of the loan.
Repayment Date :August 30, 2013
Loan Guarantee : Guaranty of Pledge
- Ganglian Finance Leasing Co., Ltd entered into The Maximum Pledge Contract with the lender, with the contract no.2012JIYINZUIQUANZHIZIDI12140696
