Unassociated Document


    
      


       

      POWER
CABLE PURCHASE CONTRACT

      


      
        
          
            
              
              

            

          

        

      

      Party A:
Hainan Zhonghe
Pharmaceutical Co. Ltd. 

      


      
        
          
            
            

          

        

      

      Party
B: Hainan Delixi
Electric Power Facility Company

      


      
        
          
            
              
                
                  	 
      	
                          Protocol
      sign place: Haikou

                        
	 
      	
                          Protocol
      sign time: March 27,
      2008

                        


                

              

            

          

        

      

      


      In
accordance with “Contract Law of the People’s Republic of China”, the Parties
have through sufficient and friendly consultations entered into the Contract
concerned power cables used for Zhonghe pharmaceutical constructing project,
both parties shall perform their obligations thoroughly according to the terms
of the contract.

      


      
        
        

      

      Article 1
Product Name, Specification, Quantity, Price, Amount

      
        
          
            
            

          

        

      


      
        
           


        

        
           


          
            

          

        

        
           


        

      

      


      
        	
                No.

              	
                Product

                Name

              	
                Specification

              	
                Unit

              	
                Quantity

              	
                Price

                (Yuan)

              	
                Amount

              	
                Note

              
	
                1

              	
                Power

                Cable

              	
                YJV22
    3×240+1×120

              	
                Meter

              	
                1080

              	
                621.20

              	
                670896

              	 
      
	
                TOTAL:
      RMB670,896.00

              


      

      


      
        
        

      

      Article 2
Quality and Technical Standard: This batch of cable meets national quality
standard, Party B promises system of thee guarantees for 1 year, notwithstanding
do not take back left over cables unused by Party A. (Note: Casual factors like
man-made and etc. are not within the scope of three guarantees.)

      


      
        
        

      

      Article 3
Delivery: Delivery shall be commenced within 10 days after Party B
receives deposit from Party A.

      


      
        
        

      

      Article 4
Supply and Return of Package: The Cable reels shall be returned to Party B
(freight be covered by Party B).

      


      
        
        

      

      Article 5
Check and Acceptance: Party A shall check as soon as the goods arrive at
field.

      


      
        
        

      

      Article 6
Payment: 30% deposit
in advance, the rest 70% completely paid at the delivery.

      


      
        
        

      

      Article 7
Liability for Breach

      
        
        

      


      
        
           


        

        
           


          
            

          

        

        
           


        

      


      
        	
              	
                1.

              	
                After
      the Contract comes into effect, any party shall not terminate the Contract
      unilaterally unless any party fails to carry out his obligation under the
      contract, otherwise terminating activity shall be considered as a
      breach.

              


      

      


      
        
        

      

      
        	
              	
                2.

              	
                Party
      B must supply the cables to Party A within the prescribed time, otherwise
      Party B will be fined 3% of the total contract value for each day missed,
      the penalty will be accumulated daily. overdue 8 days or above will be
      equal to breach of Contract.

              


      

      


      
        
        

      

      
        	
              	
                3.

              	
                Party
      A must pay Party B within the prescribed time, otherwise Party A will be
      fined 3% of the total contract value for each day missed, the penalty will
      be accumulated daily. Overdue 8 days or above will be equal to breach of
      Contract.

              


      

      


      
        
        

      

      
        	
              	
                4.

              	
                Default
      party shall pay the other party a penalty equal to 20% of total contract
      value, besides, compensate the loss caused to the other
    party.

              


      

      


      
        
        

      

      Article 8
This Contract is in two copies for either party and will come into effect on the
date of Party B receives advance payment from Party A.

      


      
        
          
            
            

          

        

      

      
        
          
            	
                    Article
      8 Others:

                  	 	 
      


          

        

      

      


      
        
          
            
              
              

            

          

        

      

      
        
          
            
              	
                      Party
      A (Chop):

                    	 
      	 
      	
                      Party
      B (Chop):