Cannot be withdrawn.

According to Article 89 of the "Guarantee Law of the People's Republic of China": The parties may agree that one party will pay a deposit to the other party as a guarantee for the creditor's rights. After the debtor performs its debt, the deposit shall be used as payment or recovered. If the party who paid the deposit fails to perform the agreed debt, he shall not have the right to request the return of the deposit; if the party receiving the deposit fails to perform the agreed debt, he shall return double the deposit.

According to Article 90 of the "Guarantee Law of the People's Republic of China": The deposit must be agreed in writing. The parties shall agree on the time limit for deposit payment in the deposit contract. The deposit contract takes effect from the date of actual payment of the deposit. The amount of the deposit shall be agreed upon by the parties, but shall not exceed 20% of the subject amount of the main contract.

The parties may agree that when one party breaches the contract, it shall pay a certain amount of liquidated damages to the other party based on the circumstances of the breach of contract, or they may agree on a method for calculating the amount of compensation for losses arising from the breach of contract.

If the agreed liquidated damages are lower than the losses caused, the parties may request the People's Court or the arbitration institution to increase the amount; if the agreed liquidated damages are excessively higher than the losses caused, the parties may request the People's Court or the arbitration institution to increase the amount. Appropriate reduction. If the parties agree on liquidated damages for delayed performance, the defaulting party shall also perform its debts after paying the liquidated damages.

Extended information:

If one party is unable to perform the contract due to force majeure, it shall notify the other party in a timely manner to reduce the possible losses to the other party, and shall provide proof within a reasonable period of time.

After one party breaches the contract, the other party shall take appropriate measures to prevent the expansion of losses; if the failure to take appropriate measures causes the losses to expand, the other party shall not claim compensation for the expanded losses. The reasonable expenses incurred by the parties to prevent the expansion of losses shall be borne by the breaching party.

If both parties breach the contract, they shall each bear corresponding responsibilities. If a party breaches the contract due to a third party, it shall bear liability for breach of contract to the other party. Disputes between one party and a third party shall be settled in accordance with legal provisions or agreement.

If one party's breach of contract infringes upon the other party's personal or property rights and interests, the injured party has the right to choose to require it to bear liability for breach of contract in accordance with this law or to require it to bear tort liability in accordance with other laws.

China Government Website-Guarantee Law of the People’s Republic of China