ex10-42.htm


Exhibit 10.42

 

This copy is the receipt for Remitter from remitting bank 

 

Anshan Rural Commercial Bank Certificate of Telegraphic Transfer (Receipt) 1 

	
□ General 
	
□Urgent 
	
Date of entrustment: November 16, 2015 
	
 

	
Remitter 
	
Full name 
	
Northern Altair Nanotechnologies Co., Ltd. 
	
 
	
Full name 
	
Northern Altair Nanotechnologies Co., Ltd. 
	  
	  	
Account No. 
	
265312010105947793
	Receiver	
Account No. 
	
866350100100082672
	  
	  	
Place of remitting 
	
Anshan City / County, Liaoning Province 
	  	
Place of receiving 
	
Handan City / County, Hebei Province 
	  
	
Name of remitting bank 
	
Business Department of Anshan Rural Commercial Bank 
	
Name of receiving bank 
	
Wu'an Branch of Bank of Handan 
	  
	
Amount 
	
RMB ( in words) 
	
RMB Nine Million Eight Hundred and Thirty-two Thousand Five Hundred and Sixty Only 
	
Amount 
	  
	  	  	  	
¥9,832,560.00 
	  
	 	
Payment password 
	  	  
	  	
Additional information and usage: Transfer 
	  
	  	
 

Large-amount bank No.: 313129500004
	  
	Signature or seal of remitting bank	
Reviewed by 
	
Bookkeeping 
	  


        Wang Xiao 

130481198404245123

 


 

 




 


 

 This copy is the collection notice given to the Bearer by the bank 

 

	
  Anshan Rural Commercial Bank Discount Voucher (Collection Notice) 4 
	
4020005123559356
	 
	
182 days 
	
4020005123559357
	  
	
Application date: November 16, 2015 
	
No.: 
	  
	
Discount

draft
	
Category 
	
Bank acceptance 
	
No.: 
	  	
Bearer 
	
Description 
	
Northern Altair Nanotechnologies Co., Ltd. 
	  
	
Date of

draft 
	
November 13, 2015 
	
Account 

No. 
	
265312010105947793
	  
	
Maturity

date 
	
May 13, 2016 
	  	
Opening

bank: 
	
Business Department of Anshan Rural

Commercial Bank Co., Ltd. 
	  
	
Draft acceptor 
	
Description 
	
Hebei Yinlong New Energy Co., Ltd. 
	
Account

No. 
	  	
Opening bank: 
	
Wu'an Credit Cooperatives 
	  
	
Draft amount 
	
RMB ( in 

words) 
	
RMB Ten Million Only ¥100,000,00.00 
	
Amount 
	  
	  	
¥100,000,00.00 
	  
	
Rate of

discount 
	
3.312%
	
Existing

interest 
	
Amount 
	
Buyer's 

discount

amount 
	
Amount 
	  
	
¥167,440.00 
	
¥9,832,560.00 
	  
	
The discount amount has been deposited in your unit's account: 
	
Notes: 
	  
	
Bank seal 
	  	  
	
____________DD/MM/YYYY 
	
Post

Supervision 
	
Reviewed

by 
	
Bookkeeping 
	  


 


 

 




 


 

Application for Withdrawal of the Bank Settlement Account 

	
Account name 
	
Northern Altair Nanotechnologies Co., Ltd. 

	
Name of opening bank 
	
Business Department of Anshan Rural Commercial Bank 

	
Opening bank code 
	
314223023019
	
Account No. 
	
265312010105947793

	
Nature of account 
	
Basic () Special () General (√) Temporary () personal () 

	
Account opening license standard No.: 
	
J1295000717102

	
Reasons for account cancellation 
	
 

 

 

 

	
This Depositor applies for the modification of the aforementioned bank account content; make the commitment that account opening information provided is true and valid. 



 

Northern Altair Nanotechnologies Co., Ltd. (seal) 
	
Audit opinion of opening bank: 

 



 Handle by (signature): 

 

Anshan Rural Commercial Bank Co., Ltd. (seal) 
	
Audit opinion of People's Bank: 

Handle by (signature): 

	
 

 

             Depositor (signature and seal) 

DD/MM/YYYY 

Sealed by Wei Guohua 
	
Opening bank (signature and seal) 

DD/MM/YYYY 
	
People's Bank (signature and seal) 

DD/MM/YYYY 



Instructions for filling in the form: 

1. Fill the options with bracket by "√". 

2. This application form is in triplicate, each for Depositor, opening bank and local sub-branch of People's Bank of China holding. 

 


 

 




 


 

The first copy: kept by account-opening unit 

Application of Opening Unit Bank Settlement Account 

	
Depositor name 
	
Northern Altair Nanotechnologies Co., Ltd. 
	
Tel: 
	
0310-5557759

	
Address: 
	
North of Dongzhuchang Village, Wu'an Town, Wu'an County, Handan City, Hebei Province; 
	
Postal code 
	
056000

	
Depositor category 
	
Limited Liability Company 
	
Organization code 
	
596827470
	
Validity period: May 7, 2018 

	
Legal representative () 
	
Name 
	
Wei Guohua 
	
Certificate type 
	
ID card 

	  	
ID No. 
	
130481197806110059
	
ID expiry date 
	
April 22, 2029 

	
Unit head () 
	
Name 
	  	
Certificate type 
	  
	  	
ID No. 
	  	
ID expiry date 
	
DD/MM/YYYY 

	
Agent () 
	
Name 
	  	
Certificate type 
	  
	  	
ID No. 
	  	
ID expiry date 
	
DD/MM/YYYY 

	
Controlling shareholder () 
	
Name 
	  	
Certificate type 
	  
	Actual controller () 	
ID No. 
	  	
ID expiry date 
	
DD/MM/YYYY 

	
Industry classification 
	
A(   )
	
B(   )
	
C(   )
	
D(   )
	
E(   )
	
F(   )
	
G(   )
	
H(   )
	
I(   )
	
J(   )

	  	
K(   )
	
L(   )
	
M(   )
	
N(   )
	
O(   )
	
P(   )
	
Q(   )
	
R(   )
	
S(   )
	
T(   )

	
Registered capital 
	
RMB Two Hundred Million Only 
	  	
Area code 
	  
	
Business scope 
	
The scientific research, development and production, technical service and support in the fields of nanotechnology and energy storage system; Batter materials (exclusive...) 

	
Type of documentary evidence 
	
Business license 
	
Documentary evidence number 
	
91130481596827470T
	
Validity period: May 7, 2018 

	  	  	  	  	
Valid until (DD/MM/YYYY) 

	
Tax Registration Certificate (national / government tax) No. 
	
130481596827470
	  	
Organization credit code 
	
G10130481000717169
	
Valid until (DD/MM/YYYY) 

	
Affiliated enterprise: 
	
Fill information of affiliated enterprises in the "Registration Form of affiliated enterprise". 

	
Nature of account 
	
Basic (     ) 
	
General (     ) 
	
Special (     ) 
	
Temporary (     ) 

	
Fund property 
	  	
The temporary deposit account will valid until 
	
DD/MM/YYYY 



	
Information about superior legal person or competent unit of Depositor are shown as follows: 



	
Name of Superior legal person or competent unit 
	  	  
	
Grant No. of account opening license for basic deposit account 
	  	  	
Organization code 
	  
	


Legal representative () 

Unit head () 

 
	
Name 
	  	  
	
Certificate type 

 
	  	  	
ID expiry date 
	
DD/MM/YYYY 

	
ID No. 
	  	  


The following columns shall be filled by the opening bank after review: 

	
Name of opening bank 
	
Business Department of Anshan Rural Commercial Bank 
	
Opening bank code 
	
314223023019

	
Account name 
	
Northern Altair Nanotechnologies Co., Ltd. 
	
Account No. 
	
265312010105947793

	
Grant No. of account opening license for basic deposit account 
	
J1295000717102
	
Opening date 
	
November 16,2015 



 


 

 




 


 

	
The Depositor applies for the settlement account number of the account opening bank and promised that the provided account information is real and effective. 

Depositor (official Seal) 



Northern Altair Nanotechnologies Co., Ltd. (seal) 
	
Audit opinion of opening bank: 

Handle by (signature and seal): 

Bank (Signature and seal) 



____________DD/MM/YYYY 

Anshan Rural Commercial Bank Co., Ltd. (seal) 
	
Audit opinion of People's Bank: 

(except for the non-approved accounts) 

Handle by (signature and seal): 

People's Bank(signature and seal) 

	
                        November 16, 2015 

Sealed by Wei Guohua
	
MM/YYYY           seal 
	
MM/YYYY           seal 



 

Filling explanation: 

1. The valid date must be written to apply for opening the temporary deposit account; the fund property must be written to apply for opening the special deposit account. 

2. The industrial standard is published by the bank in the business premises. The industry category represented by each letter in "industry classification" is as follows: A: Agriculture, forestry, animal husbandry and fishery; B: Mining; C: Manufacturing industry; D: Electricity, fuel gas and water production and supply industry; E: Construction industry; F: Transportation, warehousing and postal services; G: Data transmission, computer services and software industry; H: Wholesale and retail industry; I: Lodging and catering industry; J: Financial services; K: Real estate industry; L: Lease and commercial service industry; M: Scientific research, technical service and address exploration industry; N: Water, environment and public facilities management industry; O: Resident services and other services; P: Education industry; Q: Health, social security and social welfare; R: Culture, education and entertainment industry; S: Public management and social organization T: Other industry 

3. Fill the options with bracket by "√". 

4. This application form is in triplicate, each for account-opening unit, opening bank and local sub-branch of People's Bank of China holding. 

 


 

 




 


 

Agreement No.: __________ 

 

Discount Agreement of Bank Acceptance Bill 

 

Party A (Buyer) is Anshan Rural Commercial Bank Co., Ltd. 

 

Party B (Seller) is Northern Altair Nanotechnologies Co., Ltd. 

 

According to Negotiable Instruments Law of the People's Republic of China and stipulations in other laws and regulations, and based on the principles of equity, voluntariness, integrity and credibility, Party A and Party B reach the following articles to be obeyed and executed together after the full negotiation. 

 

Article 1      Discount amount and shares 

 

Party B shall provide (In Words) Two (In Figures: 2) bank acceptance bills with the total face amount of (in words) RMB Ten Million Only, (in figures) RMB 10,000,000.00, to apply to Party A for handling the discount; 

 

After Checking, Party A Shall Agree To Handle the Discount for the Aforementioned (In Words) Two (In Figures: 2) Bank Acceptance Bills with the Total Face Amount of (In Words) RMB Ten Million Only, (In Figures) RMB 10,000,000.00. 

 

Article 2      Party A and Party B agree: 

 

The discount interest rate shall be 3.312%; the actual transfer amount shall be (in figures) RMB 9,832,560.00, with the interest of (in figures) RMB 167,440.00. 

 

Article 3      Rights and obligations of Party A and Party B: 

 

1. If the accepting bank refuses to accept the bank acceptance bill provided by Party A under this Agreement, Party A will recourse Party B according to Negotiable Instruments Law of the People's Republic of China and other relevant laws and regulations as well as Article 5 under this Agreement. 

 

2. The amount of discount handled after checked and agreed by Party A shall be transferred on the current day, and the amount shall be remitted to the bank account designated by Party B according to the transmit way chosen by both parties during the reasonable period; 

 

The bank account designated by Party B is: 

 

Account name: Northern Altair Nanotechnologies Co., Ltd.                                              ;

 

Opening bank: Business Department of Anshan Rural Commercial Bank Co., Ltd.;       

 

Account No.: 265312010105947793                                                                                          ;

 

3. If Party A violates the stipulation in Paragraph 2 of this article, Party B shall be entitled to require Party A to return the default bills; 

 

4. Party B shall guarantee that acquisition of the bill under this Agreement confirms to the Law of Negotiable Instrument and the stipulations in the relevant laws; The bank acceptance bill and all the data provided by it shall be legal, true and valid, and Party B shall be responsible for any loss caused due to inconformity with the aforementioned matters; 

 


 

 




 


 

Article 4      Liability for Breach of Contract: 

 

Either Party A or Party B shall compensate the other party for the loss due to failure to perform the obligations stipulated in the agreement. 

 

Article 5      Recourse and calculation of the delayed interest: 

 

Party A shall have the right of recourse to Party B under each bank acceptance bill of which the discount is handled by Party A for Party B. Party A should notify Party B of the matters of payment refusal in writing; Party B should guarantee to transfer the draft amount and delayed interest of the payment refused (the draft amount shall be calculated according to the interest rate stipulated by People's Bank of China from the due date or presentment for pay day to the liquidation day) to the account designated by Party A within 3 working days from the second day after receiving the written recourse notice, and should get back the bill after Party A receives the aforementioned amount. 

 

Article 6 Way of Dispute Settlement 

 

The matters uncovered in this Agreement can be settled by both parties' friendly negotiation or litigation; if the litigation is adopted, the legal proceedings shall be instituted in the People's Count in the place where Party A is located. 

 

Article 7 Validation of the agreement 

 

The text of this Agreement is in duplicate, and it will take effect from the date when Party A's and Party B's legal representatives (person in charge) or their authorized agents sign or seal the official seal on it. Each party holds one copy with the same legal effects. 

 

Article 8 Others agreed on by both parties: 

 

___________________________________________________________________________________________________________________________________________

___________________________________________________________________________________________________________________________________________

___________________________________________________________________________________________________________________________________________

 

 

	
Party A: Anshan Rural Commercial Bank Co., Ltd. 
	
Party B: Northern Altair Nanotechnologies Co., Ltd. 

	
(Seal) 

 

 

Financial Market Department of Anshan Rural Commercial Bank Co., Ltd. (Seal) 
	
(seal) 

 

 

Northern Altair Nanotechnologies Co., Ltd. (seal) 

	 	 
	
Legal Representative (or person in charge): 



 

Sealed by Wei Lixin 
	
Legal representative: 



 

Sealed by Wei Guohua

	
November 16, 2015 
	
November 16, 2015 



 


 

 




 


 

Bill Discounting Business List 

	
S/N 
	
Draft number 
	
Draft amount 
	
Date of draft 
	
Maturity date 
	
Full name of the Drawer 
	
Drawer's account No.: 
	
Full name of the paying bank 
	
Bank number 
	
Address of paying bank 
	
Discount date 
	
Day of the week 
	
Adjust 
	
Number of days 
	
Interest rate % 
	
Interest 
	
Amount actually paid 

	
1
	
4020005123559356
	
5,000,000.00
	
November 13, 2015 
	
May 13, 2016 
	
Hebei Yinlong New Energy Co., Ltd. 
	
068880122000068956
	
Wu'an Credit Cooperatives 
	
402129500018
	
Wu'an 
	
November 16, 2015 
	
V 
	
3
	
182
	
3.312
	
83,720.00
	
4,916,280.00

	
2
	
4020005123559357
	
5,000,000.00
	
November 13, 2015 
	
May 13, 2016 
	
Hebei Yinlong New Energy Co., Ltd. 
	
068880122000068956
	
Wu'an Credit Cooperatives 
	
402129500018
	
Wu'an 
	
November 16, 2015 
	
V 
	
3
	
182
	
3.312
	
83,720.00
	
4,916,280.00

	
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10,000,000.00
	  	  	  	  	  	  	  	  	  	  	  	  	
167,440.00
	
9,832,560.00