Exhibit 10.1


 


Maximum Loan Contract


 


	Borrower: Global Technology Inc. 	(hereinafter referred to as "Party A")
	Lender: China Zheshang Bank Co., Ltd. Ningbo Branch	(hereinafter referred to as "Party B")


 


Mortgagor (Pledger) I: Global Technology
Inc.


 


Mortgagor (Pledger) II:


 


Mortgagor (Pledger) III:


(hereinafter referred
to collectively as "Party C")


 


WHEREAS, subject to Party A's application
to Party C for provision of and Party C's willingness to use its legally owned property to provide mortgage (pledge) guarantee
for Party A's debts, Party B agrees to provide loan support for Party A in future within a period of time in accordance with its
loan approval procedures. NOW, THEREFORE, to specify the legal debtor-creditor relationship among Party A, Party B, and Party C
arising from the loan, the mortgage (pledge) guarantee, and other related civil acts, the three parties, in accordance with relevant
laws and regulations, hereby enter into this Contract through equal and amicable negotiation, and agree to jointly abide by it.


 


Article 1       The loans under this Contract
shall include but not be limited to RMB loans, foreign currency loans, acceptance of bank acceptance bills, discounting of bank
acceptance bills, discounting of commercial acceptance bills, issuance of import letter of credit (L/C), import bill purchase,
export bill purchase, export packing finance, bank guarantees, guaranteed discounting of commercial acceptance bills, discounting
of export collection bills, issuance of L/C, international and domestic trade financing, issuance of guarantees, forward foreign
exchange settlement and sale, personal consumption loans, and other currency and credit supports.


 


Article 2       Party A may use the loans
granted by Party B hereunder for its production and business operations or personal consumption.


 


Article 3       The total maximum balance of
the principal of various types of loans as specified in Article 1 hereof shall not exceed RMB (in words) One Hundred Fifty Millions.


 


Article 4       The term of the loans as
specified in Article 1 hereof shall be from 01/06/2021 (MM/DD/YY) to 01/05/2024 (MM/DD/YY), provided that the
maturity date of the last loan shall not be later than __________/__________ (MM/DD/YY).


 


Article 5       Party A shall, based on the
needs of business operations or personal consumption, apply to Party B for one single loan at a time under this Contract, provided
that multiple loans could be granted by Party B under this Contract. Party B has the right to determine whether to give Party A
loan support based on Party A's operating conditions and financial conditions at the time of Party A applying for the loan. If
Party B agrees to grant a loan to Party A, Party A and Party B shall separately enter into a specific business contract such as
the loan contract, acceptance agreement, L/C issuance contract, or personal consumption loan contract. The debtor-creditor relationship
arising from a single loan shall be subject to the corresponding business contract.


 


Article 6       The principal and interest
of the debts owed by Party A to Party B under this Contract and all expenses incurred by Party B in exercising its creditor's rights
shall be secured by the mortgage (pledge) of the ■ real estate/☐
equity/☐ located at No.199,Shanhai Rd., Wangchun Industrial, Haishu, Ningbo,
as shown in the Maximum Mortgage Contract No. (332073) Z.S.Y.G.D.Z. (2021) No. 00002 made and entered into
by and among Party A, Party B, and Party C.


 


Article 7       All outstanding loan principal
and interest and expenses under the Fixed Asset Loan Contract No. (20103000) Z.S.Y.G.J.Z. (2019) No. 01299 
entered into by and between Party A and Party B shall also be secured by the mortgage (pledge) of the aforementioned ■real
estate/☐ equity/☐_________________owned
by Party C.


 


Article 8       If Party
C commits any breach under the mortgage (pledge) contract, or Party A commits any breach under any business contract, Party B has
the right to immediately stop granting the loan amount that has not been granted hereunder, and accelerate the maturity of the
loans granted hereunder. At the same time, Party B may dispose of the collaterals provided by Party C, to secure its creditor's
rights.


 


Article 9       Any and all disputes arising
out of the performance of this Contract shall first be settled by the three parties through amicable negotiation. If no agreement
is reached through negotiation, any party may file a lawsuit with the competent court at the locality of Party B.


 


Article 10      This Contract shall come
into effect upon being stamped by the three parties hereto and signed or stamped by their legal representatives or authorized representatives
(each, an "Eligible Representative"), and become invalid after the debts hereunder are paid off.


 


Article 11      This Contract may be executed
in four counterparts, with one counterpart being held by each party, and one being filed with the competent mortgage
(pledge) registration authority, all of which shall be equally authentic.


 


	Party A (Seal): Global Technology Inc.	Party B (Seal): China Zheshang Bank Co., Ltd. Ningbo Branch
	Party A's Eligible Representative (Signature/Seal): Chih-Hsiang Lin	Party B's Eligible Representative (Signature/Seal): Huafeng Pan


 


Party C (Seal): (Mortgagor (Pledger) I)
:Global Technology Inc.


Party C's Eligible Representative (Signature/Seal):
Chih-Hsiang Lin


 


	(Mortgagor (Pledger) II)	(Mortgagor (Pledger) III) 
	Party C's Eligible Representative (Signature/Seal): 	Party C's Eligible Representative (Signature/Seal): 


 


Signing Date: 2021-01-06