Loan Agreement (English Translation)Loan Agreement • March 6th, 2013 • Home System Group • Household appliances
NOW, THEREFORE, in consideration of the foregoing and mutual promises contained herein, Borrower and Lender agree as follows:
Payment Agreement (English Translation)Payment Agreement • March 6th, 2013 • Home System Group • Household appliances
WHEREAS, since August 2009, Zhongshan City Weihe Appliances Co., Ltd. ("Weihe"), has sold products to Zhongshan City Heng Bao Trading Co., Ltd.("Hengbao") and Hengbao has purchased these products from Weihe. As a result, both Home System and Hengbao agree that as of the date of this Agreement, Hengbao owes to Weihe RMB 92,758,286.53.
