Shiner International, Inc.: Exhibit 10.20 - Filed by newsfilecorp.com






Loan Contract 

Party A: Hainan Dingfeng Trading Co., Ltd. 
Party B: Hainan
Shiny-day Color Printing Packaging Co., Ltd. 

	I. 	
      The Purpose of Loan

	 	 
		
      Party A hereby borrows money for the purpose of
      purchasing materials.

	 	 
	II. 	
      The Amount of Loan

	 	 
		
      Party A hereby borrows from Party B RMB ¥ 42,702,300.00
      even (In words: RMB forty two million seven hundred two thousand and three
      hundred Yuan exactly).

	 	 
	III. 	
      The Interest of Loan

	 	 
		
      The loan bears interest at an annual interest rate of 5%
      on the loan principal; and the interest accrued during the term of the
      loan shall be due and payable in a lump sum on the date of
  maturity.

	 	 
	IV. 	
      The Term of Loan

	 	 
		
      The Borrower guarantees to pay back the load during the
      period commencing on April 30, 2014 and ending on April 30, 2015, in
      accordance with the terms and conditions of the Contract. Party B shall
      have the right to demand the portion of the loan which is overdue within
      the stipulated period.

	 	 
	V. 	
      Amendment

	 	 
		
      If it is necessary to amend any terms of the Contract due
      to Force Majeure, the Parties shall negotiate and enter into a written
      document amending the Contract, and such amendment shall form an integral
      part of this Contract.

	 	 
	VI. 	
      Rights and Obligations

	 	 
		
      Party B shall have the right to monitor the utilization
      of the loan, and Party B has the right to know the ability of Party A to
      pay back the loan. Party A shall faithfully provide relevant information.
      If Party A fails to use the loan as specified in the Contract, Party B
      shall have the right to recover the portion of the loan involved in the
      default, and impose a penalty at the daily rate of 5‰ of the portion of
      the loan involved in the default.

	 	 
	VII. 	
      Guarantees




	 	(1) 	
      Party A shall pay the principal during the period as
      specified in the Contract.

	 	 	 
	 	(2) 	
      Party A shall not use the loan for any purpose other than
      those specified in the Loan Contract, and may not use the loan for any
      illegal activities.



[First round seal on the right: Hainan Shiny-day Color Printing
Packaging Co., Ltd.] 
[Second round seal on the right: Hainan Dingfeng
Trading Co., Ltd.] 





	 	(3) 	
      Party A is obliged to accept the audits by Party B, to
      monitor the utilization of the loan, and to know about the implementation
      of Party A’s plans, as well as Party A’s business management, financial
      activities and inventory.

	 	 	 
	 	(4) 	
      If any guarantee is required, the guarantor will have the
      right to recover from the borrower after performing its several and joint
      responsibility, and the borrower shall have the obligation to indemnify
      the guarantor.




	VIII.	 Dispute Settlement 
	 	 
		The Parties shall, in the first instance,
      attempt to resolve any and all disputes arising during the performance of
      this Contract, by friendly negotiations or by third-party mediation. If
      such negotiation or mediation fails, either Party may bring a lawsuit to a
      people’s court of competent jurisdiction, according to law. 
	 	  
	IX. 	Matters not covered by this Contract, if any,
      shall be resolved in accordance with the relevant provisions of the
      Contract Law of the People’s Republic of China. 


This Contract is made in two originals, one for Party A and one
for Party B. 

	Party A: Hainan Dingfeng Trading Co., Ltd. 	Party B: Hainan Shiny-day Color Printing
      Packaging Co., Ltd. 



	Signature: 	Signature: 



	 	Date of the Contract:
    ________________________


[Complete round seal on the left: Hainan Dingfeng Trading Co.,
Ltd.] 
[Complete round seal on the right: Hainan Shiny-day Color Printing
Packaging Co., Ltd.; Special seal for contract]