Memorandum of UnderstandingWonder Auto Technology, Inc • January 9th, 2012 • Motor vehicle parts & accessories
Company FiledJanuary 9th, 2012 IndustryWHEREAS, Wonder Auto Technology, Inc. (the “WATG”) and Worthy Talent Development Limited (the “Worthy Talent”) have agreed to enter into a collaborative agreement in which Worthy Talent will provide a loan at amount of US$6,000,000 to WATG, while WATG will issue a Promissory Note to Worthy Talent, and