Exhibit 10.12 


 


No.
: 62210201-2020 (suzhou) no. 0012


  


Working
Capital Loan Contract


 









     


     


    

 


AGRICULTURAL
DEVELOPMENT BANK OF CHINA


 


Borrower
(full name): Gansu Qilianshan Pharmaceutical Co. Ltd.  


 


Business
license no. : 91620900789633293L


 


Legal
representative/CEO: Zhanchang Xin


 


Place
of business (address): Jiuquan High-tech Industrial Park, Jiuquan City, Gansu Province, China


 


Zip:
735000 


 


Bank
and account number of basic deposit account: Agricultural bank of China jiuquan suzhou district


 


branch
business office


 


27200101040012662


 


Contact
number and fax :18089374001


 


Lender
(full name):Agricultural Development Bank of China Jiuquan suzhou district branch


 


Legal
representative/CEO:JinShan Luo


 


Place
of business (address):No. 23 East Road, Suzhou District, Jiuquan City, Gansu Province, China.


 


Zip:
735000


 


Contact
number and fax : 0937-2630115


 


The
borrower applies to the lender for a loan, and the lender agrees to issue the loan to the borrower. In accordance with the provisions
of relevant national laws, regulations and rules, the borrower and the borrower enter into this contract on the basis of equality
and voluntary consensus through consultation, so as to bind both parties to abide by the contract.


 


Article
1 Types of Loans


 


The
loan under this contract is: circulating capital loan of industrial leading enterprises.


 


Article
2 Purpose of loan


 


The
purpose of the loan under this contract is: The production of 75% ethanol is used to disinfect alcohol and epidemic prevention
materials. Without the written consent of the lender, the borrower shall not change the loan purpose stipulated in this contract.


 






     


     


    

 


Article
3 Amount of loan


 





The
loan amount hereunder shall be RMB (in words) RMB Ten Million Yuan only (in words RMB 10,000,000.00). (in case of any discrepancy
between the large and small figures, the upper case shall prevail, the same below).


 


Article
4 Term of loan


 


The
loan term under the contract is 12 months.From February 10, 2020 to February 9, 2021.If the loan term hereunder is inconsistent
with the borrower and the borrower's loan term, the date indicated on the initial withdrawal loan form shall prevail.The term
of the loan certificate under this contract shall not exceed the loan maturity specified in this contract.The loan certificate
is an integral part of this contract and has the same legal effect as this contract.


 


Article
5 Interest rate penalty interest rate and interest calculation and settlement


 


5.1
The loan interest rate under this contract is the annual interest rate, and the interest rate is the following:


 


5.1.1
Released by the people's Bank of China / Loan interest rate, interest rate is / %.


 


5.1.2
The interest rate on a loan announced by the People's Bank of China is above (up / down) / % and the interest rate is / %.


 


5.1.3
In the People's Bank of China announced / loan interest rate level (up / down) / percentage point, the interest
rate is / % .


 


5.2
The borrowing interest rate under this contract shall be subject to the adjustment of the lending benchmark interest rate of the
People's Bank of China in accordance with item / below.


 


5.2.1
Fixed interest rate, the interest rate will remain unchanged within the term of the loan.


 


5.2.2
Adjust accordingly, calculate interest by section.


 


5.2.3
From the date of actual withdrawals (monthly / quarter /6 month / year) adjustment, segmented interest rate. Monthly adjustment
time is 21 days per month, quarterly adjustment time is 21 days of the first quarter, according to 6 months adjustment time for
January 21st and July 21st each year, the annual adjustment time is January 21st each year.


 


5.3
The penalty interest rate for loans under this contract is annual interest rate, including:


 


5.3.1
The penalty interest rate for overdue loans is added to the loan interest rate stipulated in this contract /  %.


 


5.3.2
The penalty interest rate that does not use the loan in accordance with the terms specified in this contract shall be added to
the loan interest rate stipulated in this contract / %.


 


5.4
The penalty interest of loans under this contract shall be adjusted in accordance with the basic interest rate of the People's
Bank of China. Perform in accordance with the following section / Item Agreement:


 


5.4.1
No adjustment.


 






     


     


    

 





5.4.2
Then adjust and segment interest.


 


5.5
If the borrower makes use of the loan under this contract, as if there is a time overdue and fails to use the contract, the lender
will collect the penalty interest at the higher penalty interest rate of the two party.


 


5.6
Interest calculation and settlement .


 


5.6.1
The borrowings under this contract shall be calculated on a daily basis from the date of actual withdrawals, and the interest
shall be calculated according to the actual days of use and the loan interest rate stipulated in this contract.


 


5.6.2
The interest that the borrower can not pay on time within the term of the loan stipulated in this contract, "(collect / collect)
compound interest and collect compound interest, execute according to the loan interest rate stipulated in this contract.


 


5.6.3
When the loan is overdue or the borrower fails to use the loan in accordance with the terms specified in this contract, the interest
that the borrower can not pay on time shall be calculated according to the penalty interest rate stipulated in this contract.


 


5.6.4
The interest on the loan under this contract will be settled on the basis of (month/quarter) the 20th day of each (month/quarter
end month).


 


5.6.5
During the performance of this contract, if the people's bank of China adjusts the loan interest rate penalty interest rate and
the penalty interest rate shall apply to the loan hereunder, the lender shall have the right to calculate the corresponding penalty
interest rate according to the adjusted loan interest rate penalty interest rate in accordance with the provisions of the people's
bank of China without further notice to the borrower.


 


Article
6 withdrawal


 


6.1
When the borrower draws money, the following prerequisites shall be satisfied. Otherwise, the lender has the right to refuse the
application for withdrawals from the borrower:


 


6.1.1
In accordance with relevant laws and regulations, the approval, registration and delivery of loans related to this contract have
been completed other statutory procedures.


 


6.1.2
If the loan under this contract is secured, the guarantee contract stipulated in the ninth clause and the 9.2 paragraph of this
contract has entered into force in accordance with the law. The mortgage or pledge right has been established in accordance
with the law and registered in accordance with the law.


 


6.1.3
There is no breach of contract stipulated in this contract.


 


6.1.4
Other related materials for borrowing have been provided as required by the lender.


 


6.2
The borrower's withdrawal plan is as follows.


 


6.2.1
February 11, 2020, amount (in words) ten million yuan only (in words RMB 10,000,000.00).


 






     


     


    

 





6.2.2
    /     year     /    
month     /     day, amount (in words)     /    
(in lowercase RMB     /     )


 


6.3
If the borrower is unable to withdraw money in accordance with article 6.2 of this article for special reasons, it shall submit
a written application to the lender five (5) working days in advance. With the written consent of the lender, the withdrawal may
be made five (5) days in advance or delayed。


 


6.4
If the borrower requests to cancel all or part of the unwithdrawn items in this contract, it shall submit a written application
to the lender five (5) working days prior to the withdrawal agreed herein. Upon the written application and approval of the lender,
the withdrawal may be made in advance or delayed for five (5) days。


 


Article
7 release and payment of loan funds


 


7.1
When the payment object is clear and the amount of a single withdrawal exceeds five million yuan, the lender shall be entrusted
to pay, and the borrower shall make independent payment for the rest of the loan.


 


7.1.1
                   /                 .


 


7.1.2
                  /                   .


 


7.2
If the loan under this contract is paid in entrusted way, the lender shall, according to the agreed loan purpose, examine whether
the withdrawal application provided by the borrower and the amount paid by the payment object listed in the payment commission
are consistent with the corresponding commercial contract and other supporting materials.


 


7.3
If the entrusted payment method is adopted for the loan under this contract, the lender shall, according to the borrower's withdrawal
application and payment commission, pay the borrowed funds through the borrower's account to the counterparty of the borrower
who meets the purpose specified in this contract.


 


7.3.1
The list of payment objects and accounts shall be subject to the borrower's withdrawal application form and payment proxy, which
shall be attached to this contract.


 


7.3.2
The above withdrawal application and payment commission, once submitted, shall be irrevocable without the written consent of the
lender.


 


7.4
If the loan is made under this contract by means of autonomous payment, the lender shall transfer the loan to the designated borrower's
account, which means that the lender shall be deemed to have issued the loan to the borrower in accordance with the provisions
of this contract.


 


7.5
The group customer shall provide the payment basis consistent with the purpose of the loan for the use of funds transferred to
its subsidiaries in other places.


 


7.6
For the credit business with the fund payment agent, the fund transfer bank shall sign the fund payment supervision agreement
with the fund payment agent.


 






     


     


    

 





7.7
The lender shall have the right to supervise the special fund withdrawal account opened or designated by the borrower at the lender's
place, and shall have the right to require the borrower to summarize and report the payment of loan funds every month, and verify
whether the loan payment conforms to the agreed purpose by means of account analysis voucher inspection or on-site investigation.


 


7.8
If the lender finds any inconsistency or other defects in the relevant materials provided by the borrower, it shall have the right
to request the borrower to supplement or replace the description or resubmit the materials. Before the borrower submits the materials
that meet the requirements of the lender, the lender shall have the right to refuse the release and payment of the relevant funds.


 


7.9
During the performance of this contract, the lender shall have the right to change the loan payment method or stop the issuance
and payment of the loan funds if the borrower's credit condition declines and the main business profitability is not strong and
the loan funds are used in an abnormal way.


 


Article
8 repayment


 


8.1
The borrower shall pay the interest in full as agreed herein and repay the principal of the loan as agreed in item 8.1.2 below.


 


8.1.1
The last repayment shall be made not later than the due date specified in this contract.


 


8.1.2
Repayment schedule is as follows:


 


8.1.2.1
February 09, 2021, amount (in words) ten million yuan only (in words RMB 10,000,000,00)


 


8.1.2.2
/ year /
month / day, amount (in words) /
(in lowercase RMB / )


 


8.1.2.3
/ year /
month / day, amount (in words) /
(in lowercase RMB / )


 


8.1.2.4
/ year /
month / day, amount (in words) /
(in lowercase RMB / )


 


8.1.2.5
/ year /
month / day, amount (in words) /
(in lowercase RMB / )


 


8.2
Item 8. In this section 1. 1 circumstances of the agreement, the borrower to return the principal in advance, to be last working
day before to prepayment put forward written application, the lender after written consent from the lender, can repay ahead of
schedule part or full loan principal if the borrower to return part of the principal in advance, the lender shall have the right
to order according to the repayment plan instead receive reimbursement.


 


8.3
The borrower shall pay the interest or principal and interest payable in the current period before the date of the contract or
the date of repayment of the contract, and authorize the lender to collect it directly from the account on the next day or the
date of repayment.


 


8.4
The lender has the right to recover the loan ahead of time when the borrower's funds return to the following conditions:


 






     


     


    

 





8.4.1
                   /                 .


 


8.4.2
                   /                 .


 


Article
9 The loan method under this Contract is item 9.2 below:


 


9.1Adopt
the method of credit borrowing.


 


9.2
Guarantee shall be adopted and the guarantee contract shall be signed separately.


 


9.2.1
The maximum amount of mortgage guarantee method, the guarantee contract number is: 62210201-2020 Suzhou (Reach) Word 0002


 


Article
10 Rights and obligations of the borrower.


 


10.1
It has the right to understand the credit policy, interest rate policy and so on to the lender.


 


10.2
It has the right to withdraw and use loans in accordance with the terms, purposes and withdrawals stipulated in this contract,
so as to ensure that the loan does not invest in thousands of fixed assets and equity, and does not flow into stock market, futures
market or state prohibition of production and operation in any form. Areas and uses, and other uses prohibited or restricted by
laws and regulations.


 


10.3
In compliance with the requirements of the lender, the lender can apply for a loan extension.


 


10.4
It is entitled to require the lender to keep confidential the information and circumstances of the debt, finance, production and
operation provided by the lender, unless otherwise stipulated by the laws and regulations and otherwise stipulated in this contract.


 


10.5
Ensure the authenticity, accuracy, completeness and effectiveness of all documents and other materials supplied to the lender.
There is no false record, major omission or misleading statement.


 


10.6
According to the requirements of the Lender, it shall provide the Lender with true, complete, legal and effective financial statements
and other relevant documents, materials and information every month, and accept and cooperate with the Lender to inspect and supervise
its production and operation, material inventory, financial situation and use of loans.


 


10.7
Borrowers should be opened in the lender or designated special money collecting account, account number is: 62210200100000550761,
is used to charge the corresponding sales or finance repayment plan, and, when required by lenders and borrowers signed the agreement
of special account supervision, provides account funds in and out of the situation in a timely manner to the lender, subject to
the lender to the regulation of the account account control protocol as the supplement of this contract.


 


10.8
According to this contract, the principal and interest shall be paid on time and in full.


 


10.9
Ensure that the following provisions on financial indicators shall be observed within the validity period of the contract.


 


10.9.1
The borrower's asset-liability ratio shall not be higher than /  %


 









     


     


    

 


10.9.2
The borrower's operating cash flow continues to be negative / year.


 


10.9.3
                   /                 .


 


10.9.4
                   /                 .


 


10.10
Undertake to accept and actively cooperate with the lender to inspect and supervise the use of the loan funds, including the purpose,
by means of account analysis, voucher inspection, on-site investigation, etc., summarize and report the use of the loan funds
every month as required by the lender, and provide records and data of the use of the loan funds.


 


10.11
Within the validity period of this contract, the borrower shall notify the lender in writing within 15 days from the date of the
change of the name, the legal representative (principal responsible person), the residence address, the telephone address, the
telephone number, the scope of business, the affiliation, the amendment of the articles of association, and the major adjustment
of the internal organization.


 


10.12
During the term hereof, the borrower shall give a written notice to the lender 30 days in advance and obtain the written consent
of the lender if it provides a guarantee for the debts of others or pledges its property to a third party.


 


10.13
There will be significant transactions between the borrower and its controlling shareholders and other associated companies (including
but not limited to major related purchase and sale contracts, leasing, raw material supply, capital exchanges, etc.), or the relationship
between their affiliated parties has changed, or their controlling shareholders and other associated companies have experienced
serious crises in their battalion or financial aspects.The borrower shall notify the lender in writing within 3 days after the
occurrence of the above circumstances.


 


10.14
During the validity period of this contract, the borrower as the quantitative contract leasing joint-stock companies associated
discrete merging (merger) joint venture (cooperative) to reduce the registered capital of substantive changes to increase debt
financing equity assets transfer or dispose of foreign investment or other behavior, can affect the lender the realization of
obligee's rights shall be 30 days in advance written notice to the lender, and implement the agreed by the lender in writing of
borrowing the repayment of the debt liability under this contract, or the provision of approved by the lender in writing of the
other lawful and effective guarantee, otherwise before pay off all the debt under this contract shall not be quantitative the
behavior.


 


10.15
Borrowers production management difficulty in serious deterioration of financial position involving major economic disputes or
other camp or the status of the property to its significant adverse consequences of any litigation or criminal case such as administrative
punishment, controlling shareholder, director or the borrower's current senior management personnel involved in major economic
disputes, or have a significant adverse record, or the personnel changes is missing or by judicial organs in accordance with the
investigation or restrict the personal freedom, or its property is an important part of or all by his creditors possession or
designated personnel to take over the trustee receiver or similar, or whose property is seized or frozen, orBy the people's government
of the expropriation and requisition, or other serious adverse events affecting the borrower solvency, can lead to significant
losses, of the lender to the borrower shall, in the above situation occurs within 3 days after written notice to the lender, and
in accordance with the requirements of the lenders to take to ensure that the loan principal and interest under this contract
and all other expenses on time full specified amount to repay the preservation measures.


 






     


     


    

 


10.16
During the validity period of this contract, the borrower if produce production shutdown were closed for cancellation of registration
application suspended pin business license has been revoked or be filed for chapter 11 bankruptcy case such as dissolution, the
borrower shall be given to the above situation happened after 3 days written notice to the lender, and ensure the return of loan
principal and interest, according to requirements of the lender's written or provide the creditor's rights preservation measures
approved by the lender in writing.


 


10.17
If the loan under this contract is secured in the form of guarantee, if there is any change in the guarantee that is not conducive
to the creditor's right, the borrower shall, in accordance with the requirements of the lender, provide other legal and effective
guarantees recognized by the lender in writing.


 


10.18
Any of the following circumstances of the borrower or the borrower's affiliated enterprises or the Guarantor or its affiliated
enterprises shall be deemed as the borrower's default to the loan contract at the same time, and the borrower shall be required
to bear the liability for breach in accordance with article 12 hereof.


 


10.18.1
Any borrowings financed or obligations arising or likely to be in default or declared to mature earlier.


 


10.18.2
Failure to perform, or the possibility of failure to perform, any warranty or similar obligation.


 


10.18.3
Failure or breach of a legal document or contract relating to a guarantee of indebtedness or other similar obligations, or the
possibility of failure or breach.


 


10.18.4
The occurrence or imminent insolvency of debts or loans/financing due.


 


10.18.5
Was declared bankrupt through legal proceedings.


 


10.18.6
Transfer its assets or property to other creditors.


 


10.18.7
Other circumstances that threaten the security of loan principal and interest under the loan contract.


 


10.19
The borrower shall bear the costs of lawyer services, insurance, transportation, assessment, registration, custody, appraisal,
notarization, etc., which are related to the guarantee under this contract and this contract, unless otherwise stipulated by relevant
laws and regulations.


 






     


     


    

 


Article
11 Rights and obligations of the Lender


 





11.1
It shall have the right to inspect and supervise the use of material inventory loans in the borrower's financial activities of
production and operation, and shall have the right to require the borrower to provide financial and accounting statements and
other relevant documents and information every month


 


11.2
It is entitled to directly collect the principal, interest, penalty interest, compound interest and other payable expenses of
the borrower from the borrower's account in accordance with the contract.


 


11.3
The borrower shall have the right to implement the credit system, report to the relevant departments or units, and announce the
collection through the news media.


 


11.4
Loans should be provided to the borrower on time and in full in accordance with this contract, except for the delay caused by
the borrower's cause.


 


11.5
The information and conditions of debt, finance, production, operation and other aspects provided by the borrower shall be kept
confidential. Unless otherwise stipulated by laws or regulations or otherwise stipulated in this contract.


 


11.6
When handling the entrusted payment, the borrower only provides the information of the object of payment and the proof of the
financing purpose. ........ And other relevant information for formal review, because the borrower's relevant information
is not true, inaccurate or incomplete, or because the borrower designated the loan account or its payment object account is frozen
or stopped by the authorized authority, resulting in the lenders failing to complete the entrusted payment in accordance with
the borrower's entrustment. The Lender has no liability and does not affect the repayment meaning that the borrower has produced
under this contract.


 


11.7
The lender has the right to participate in the borrower's large scale financing, asset sale and merger, separation, shareholding
system transformation and bankruptcy liquidation. Such activities as creditors' claims.


 


11.8
The lender shall have the right to take appropriate and reasonable measures after giving notice to the borrower in accordance
with the obligations imposed by the bank's administrative supervision and management department under the mandatory or guiding
provisions or guidelines.


 


11.9
No exercise or partial exercise or delay in exercising any rights under this contract does not constitute a right or a right. Waiver
or alteration of other rights does not affect its further exercise of the right or other rights.


 


11.10
During the term hereof, if the Lender changes its name, domicile or correspondence address, it shall notify the Borrower in writing
within 15 days from the date of such change.


 


Article
12 Liability for Breach of Contract


 


12.1
After the contract comes into force, both the borrower and the lender shall perform the obligations agreed herein. If either party
fails to perform or fails to fully perform the obligations agreed herein, it shall be liable for breach of contract according
to law.


 






     


     


    

 





12.2
If the borrower fails to handle and withdraw the loan in accordance with the contract, it shall pay the lender a delay penalty
according to the amount and number of days of default at the interest rate agreed herein.


 


12.3
If the lender fails to handle and provide the loan in accordance with the contract on the premise that the borrower performs the
obligations set forth herein, it shall pay the borrower a delay penalty according to the amount and number of days of default
at the interest rate set forth herein.


 


12.4
If the borrower returns the loan hereunder in advance without the written consent of the Lender, it shall pay liquidated damages
to the lender according to the amount and number of days of default at the interest rate agreed herein.


 


12.5
The borrower fails to repay loan, the lender shall have the right within a time limit, shall have the right to directly from the
borrower at the agricultural development bank of China any institution directly on any account opened levied owed to loan principal
and interest, to borrow at the same time overdue parts from the date of overdue by collecting interest penalty interest rates,
and can not pay the interest on schedule according to the penalty interest rate collecting compound interest.


 


12.6
Borrowers did not use the proceeds for the purpose under this contract, or ways to extract the borrowing by the agreement, the
lender shall have the right to stop issuing loans to recover the loan, or terminate the contract and shall have the right to use
of borrower default borrowing, starting from the date of default by collecting interest penalty interest rates, and can not pay
the interest on schedule according to the penalty interest rate collecting compound interest.


 


12.7
If the borrower falls under any of the following circumstances, the lender has the right to stop extending the loan or cancel
the loan which has not yet been drawn by the borrower, and the right to recover part or all of the loan in advance;If it is not
possible to collect the overdue loan, the liquidated damages shall be calculated and collected on a daily basis according to the
interest rate on overdue loan.


 


12.7.1
Providing the lender with the loan examination materials that are false or conceal important facts, or providing the balance sheet
income statement and other financial and accounting materials that are false or conceal important facts.


 


12.7.2
Failure to comply with the commitments.


 


12.7.3
Breach of article 10 clause 10.6 of this contract.


 


12.7.4
In violation of the provisions of the tenth clause or the 10.7 paragraph of the contract or the withdrawal of funds, the conditions
stipulated in the eighth clause 8.4 of the contract shall be met.


 


12.7.5
It violates the provisions of the tenth clause and the 10.8 paragraph of this contract.


 


12.7.6
Breaking through the financial indicators stipulated in the tenth and 10.9 clauses of the contract.


 


12.7.7
Violate the contract to break up into parts to avoid the lender entrusted payment.


 






     


     


    

 





12.7.8
It violates the provisions of the tenth clause and the 10.10 paragraph of this contract.


 


12.7.9
In violation of the provisions of the tenth clause and the 10.11 paragraph of this contract, the creditor's creditor's rights
shall be seriously affected or threatened.


 


12.7.10
It violates the provisions of the tenth clause and the 10.12 paragraph of this contract.


 


12.7.11
Violation of the provisions of the tenth clause and the 10.13 paragraph of this contract affects the security of the creditor's
creditor's rights.


 


12.7.12
Violates the provisions of the tenth articles and 10.14 paragraphs of the contract.


 


12.7.13
Violates the contract tenth, 10.15 stipulates.


 


12.7.14
Violates the contract tenth, 10.16 stipulates.


 


12.7.15
Violates the contract tenth, 10.17 stipulates.


 


12.7.16
Any material cross-breach as stipulated in Clause 10.18 of Article 10 hereof occurs.


 


12.7.17
Any other cause that may cause the creditor's creditor's rights to be threatened or suffered serious losses.


 


12.8
If a borrower breaching a contract, the lender will resort to litigation, arbitration and other legal means to achieve the creditor's
rights. The borrower shall bear the lawyer's fees, travel expenses and other expenses for the realization of the claims.


 


Article
13 Effective alteration and rescission of a contract


 


13.1
This contract shall come into force upon being signed and affixed official seals by both parties.


 


13.2
The borrower can not repay the loan, need to handle the extension, shall, at the expiration of borrowing this contract a 30 working
days of the written application for extension is put forward, the lender if the loan secured, the borrower shall provide the guarantor
agrees to guarantee written comments or further provide the lender approval other lawful and effective guarantee, subject to consent
by the lender to review, signed the agreement of loan roll over.


 


13.3
If the borrower has one of the following circumstances, the lender has the right to terminate the contract, and has the right
to ask the borrower to return the principal and interest of the loan in advance of the contract and compensate for all losses
made to the loan accordingly.


 


13.3.1
Violates the provisions of the tenth clause and 10.14 paragraph of the contract, endangering the security of the creditor's creditor's
rights.


 


13.3.2
Violates the provisions of the tenth clause and the 10.15 paragraph of the contract, which seriously affect the realization of
the creditor's rights or may cause serious losses to the lender.


 


13.3.3
Breach of the 10.16 clause of the tenth article of the contract, endangering the security of the creditor's rights.


 









     


     


    

 


13.3.4
In violation of the provisions of the tenth clause and the 10.17 paragraph of this contract, the creditor's creditor's rights
shall be seriously affected or threatened.


 


13.3.5
Consecutive three months (months / quarters) or accumulative three months (month / quarter) did not pay interest on loans in accordance
with the contract.


 


13.3.6
Other serious breach of contract.


 


13.4
After the entry into force of this contract, neither party nor the borrower can alter or terminate this contract without the stipulations
of this contract. If it is necessary to alter or terminate this contract, it shall notify the other party in writing, and
reach a written agreement through consultation between the two parties.


 


13.5
The invalidity or infeasibility of any provision of this contract does not affect the validity and enforceability of other terms,
nor does it affect Affect the effectiveness of the whole contract.


 


Article
14 Settlement of disputes


 


14.1
Disputes arising from the execution of this contract can be settled through negotiation between the borrower and the borrower. 14.1.1
Item solution.


 


14.1.1
Bring a lawsuit against the people's court where the lender is located.


 


14.1.2
The arbitration shall be conducted in accordance with the commission's arbitration rules in effect at the time of applying for
arbitration.


 


14.2
During the period of litigation or arbitration, the provisions of the contract which do not involve disputes shall still be fulfilled.


 


Article
15 Other matters agreed by both parties


 


15.1
Loan interest at a pre-determined penalty interest rates and interest settlement supplementary agreement see number: see the lending
rate DKLLBCXY20206221020010002, loan interest rate is equal to the January 20, 2020 on the basis of the latest one-year LPR add
0 points, borrowing period remains unchanged, fixed interest rate of 4.15%.


 


15.2
Complete the basic information of the loan according to the whole process standardization instruction manual.


 


15.3
Apply for legal and effective mortgage guarantee procedures as soon as possible after the loan is issued.


 


Article
16 Supplementary Provisions


 


16.1
Except as otherwise stipulated in this contract, any text, notice or legal document between the borrower and the lender shall
be In written form, the registered address (return receipt), express mail or facsimile service delivered to the head of the contract
shall be delivered through the special delivery, prepaid postage, or fax. The documents, notifications, legal documents and
other documents can not be delivered due to a party's failure to notify the other party in time due to the change of the aforementioned
address, resulting in the loss caused by the party responsible for the change.


 






     


     


    

 


16.2
The appendix of this contract is an integral part of this contract and has the same legal effect as the body of this contract.


 


16.3
In the performance of this contract, if a drawing date and repayment date are non statutory working days, it will be postponed
to the next statutory working day.


 


16.4
The lender shall have the right to comply with this contract in accordance with the relevant laws and regulations or the requirements
of the financial regulatory authorities. The information and other relevant information of the borrower are provided to the
people's Bank of China credit information system and other established credit information databases, which are provided by appropriate
institutions or individuals for enquiry and use. The lender has the right to enter into and perform the contract as well. Inquires
the borrower's related information through the people's Bank of China credit information system and other established credit information
databases.


 


16.5
This contract is made in quadruplicate, with one borrower, one lender and one registration authority having the same legal effect.


 


Article
17 Special Reminder


 


The
Lender has drawn the Borrower's attention to a full and accurate understanding of the meaning and legal consequences of the terms
and conditions of this Contract and the parties' understanding of the terms and conditions of this Contract without objection。


 


(Signature
)


 


Date
of signing: February 10, 2020