CHINA AUTO LOGISTICS INC. DEBT EXCHANGE AGREEMENT September 23, 2017Exchange Agreement • September 26th, 2017 • China Auto Logistics Inc • Wholesale-motor vehicles & motor vehicle parts & supplies • New York
Bright Praise Enterprises Limited, a British Virgin Islands corporation, located at No. 87 No. 8 Coastal Way, Floor 2, Construction Bank, Free Trade Zone, Tianjin Province, The People’s Republic of China (the “Holder”) enters into this Debt Exchange Agreement (this “Agreement”) with China Auto Logistics Inc., a Nevada corporation, with a headquarters located at Floor 1 FTZ International Auto Mall, 86 Tianbao Avenue, Free Trade Zone, Tianjin Province, The People’s Republic of China (the “Company”), as of the date first written above, whereby the Holder will exchange and sell the Exchanged Debt (as defined below) as set forth herein.
