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As for questions about tripartite entrusted loans, experts come in!

Confirmation of the operating procedures of the "Three-Party Entrusted Loan Domestic Bank Version" (non-repayment of principal)

To: Your Bank Owner (Mr. President)

According to you For your request, you will proceed in the form of the domestic bank version of RMB "three-party entrustment of goods" (the entrusted payment contract shall be executed in accordance with the four major banks' version or the nine major commercial banks' unified standard version)

1. The amount of the payment and related matters :

(1) More than one billion (preferably transportation and energy projects)

(2) Annual interest: 6%; interest payment period: 15 years, only interest is paid and no Repay the principal;

(3) All one-time expenses: 45% (including mobile fees, one-time discount interest, handling fees, service fees, agency fees, etc.);

(4 ) Location of source of payment: Shanghai; Location of negotiation and contract signing: Shanghai;

(5) 145% of the payment is made, 45% of which is invested back to the banker, and 6% of the actual payment is 100% Interest is calculated, that is, 100% × 6% × 15 years. The interest is collected and paid by the receiving bank, and is paid once a year. Only the interest is paid and the principal is not repaid;

2. The project information must be at or above the provincial level. Projects approved by the Development and Reform Commission (including provincial level) and within the validity period (projects approved by the Development and Reform Commission of municipalities directly under the Central Government are also acceptable);

3. The project company shall provide the following loan application materials;

(1 ) The approval documents of the National Development and Reform Commission at or above the provincial level to the project establishment and the project feasibility study report (full set);

(2) The government’s letter of authorization for the project company to develop the project;

(3) The “receipt confirmation letter” (printed on an official letterhead with the receiving bank’s letterhead) that the receiving bank agrees to develop the project through a tripartite entrusted loan for the project party company;

< p>(4) The text of the entrusted payment contract provided by the receiving bank;

(5) The economic part of the project feasibility study report;

(6) Basic information of the project party company; business operations License (must be completed annually), legal person code certificate, national and local tax registration certificate, payment certificate, account opening license, legal person ID card;

(7) Loan application letter from the project company; the content should include: Project name, amount of funds required, name of the receiving bank, the bank has agreed to handle the above requirements, agreed that both parties will pledge the deposit, and ensure that the anti-investment funds and one-time fees will be transferred in a timely manner after the funds arrive;

4. Document requirements:

(1) All documents provided by the project company that can be color printed and scanned must be color printed and scanned. Individual documents that cannot be color printed must be stamped with the official seal of the company (in duplicate);

(2) All documents and information should be bound into a volume in order, with the company’s official seal on the cover and a seam seal on the side;

(3) The order in order is: loan application letter, bank payment confirmation, business license, legal person code certificate, national tax and local tax, account opening license, payment certificate, legal person ID card, project approval document, feasibility study report approval document, government authorization letter, feasibility study report (economic part) , Bank version of the third-party consignment contract

5. Operation procedures:

1. After the project company confirms this "Confirmation Letter", it will compile the "Loan Application Information" and send it by express delivery or Send personnel to Shanghai;

2. After the banker receives the documents and reviews them, he will immediately issue a "Business Notification Letter" if he agrees to lend money;

3. The project company receives the "Business Notification Letter" "After that, come to Shanghai to negotiate and sign a contract within three days (please bring all original documents)

6. Other matters:

1. The project company is responsible for the air tickets and travel expenses for relevant personnel. Travel, board and lodging expenses (the banker is responsible for the travel expenses);

2. In order to improve mutual trust between the two parties, encourage both parties to work conscientiously and effectively assume responsibilities, both parties will guarantee RMB 1 million after signing the contract. For guarantee liability, the banker guarantees that the funds are authentic and reliable, the project company guarantees that the project is authentic and effective, and the receiving bank collects and pays interest on behalf of the project company. The specific law firm in Shanghai for the insurance will be selected by the project party.

Hereby confirms

Confirmation unit (seal):

Legal representative (signature):

Date: month, day, 2006< /p>

Bank of China Branch (official letterhead)

Acceptance of RMB tripartite entrusted loan confirmation letter

Your bank owner:

Our bank agrees to be The company's project receipts totaled RMB 100 million. Handle a third-party entrusted loan that does not repay the principal and only pays an annual interest of 6% for 15 years. The receiving company calculates the annual interest based on the actual amount received. We hereby issue a confirmation letter of receipt of payment from our bank to your bank owner. And do the following work in accordance with the contents of the three-party entrusted loan contract:

1. Our bank is responsible for collecting and paying interest for the banker, and pays it once every year; unconditionally implements the terms of our bank's entrusted loan contract version .

2. The entrusted loan between the banker, our bank and the project company is valid for 15 years.

3. The project company will use its legitimate profits to bear the obligation to pay interest for 15 years, and will not repay the principal upon maturity.

4. After the entrusted loan funds enter the account of the project company, our bank will cooperate with the receiving company to return 45% to the banker in the form of counter-investment in accordance with the contract between the bank owner and the project company; 45% of the actual amount received by the loan company, and the one-time fee will be directly transferred to the account designated by the bank owner and beneficiary.

The bank coordinates are as follows:

Bank name:

Bank address:

President’s signature:

Bank Bank number:

Bank code:

Bank postal code:

Date: Month, day, 2006

Loan application letter

Due to the needs of the project, our company specifically proposes to your banker that we only pay interest and not repay the principal, with an annual interest of 6%, and interest payment for 15 years (the banker contributes 145%, and 45% is returned to the banker; and the calculation is based on 100% annual interest) third-party entrusted loan application.

1. Purpose of loan: used for project investment.

2. Loan amount: The total amount of loan funds applied to your bank is RMB 100 million

(including 45% of the anti-investment return to the bank).

3. Interest-paying ability: After the project is completed and put into production, it will be able to increase profits by RMB 100 million per year, and is fully capable of ensuring that it pays 6% annual interest to the banker every year.

4. Agree to guarantee RMB 10,000 to clarify the responsibilities of both parties (a separate guarantee agreement will be formulated).

5. Our company guarantees that it will operate in accordance with the third-party entrusted loan bank version provided by the bank branch and approved by the bank, and in full accordance with the "About Domestic Banks for Entrusted Loans" provided by your bank owner and confirmed by our company. "Version Operation Procedure Confirmation Letter". We guarantee that when the banker's funds arrive in our company's account, 45% will be returned to your banker in the form of counter-investment; and our company will pay a one-time fee based on 45% of the actual amount received by our company.