Unassociated Document


    
      


      POWER
CABLES PURCHASING CONTRACT

       

      
        
          
            
            

          

        

      

      Party A:
Hainan Delixi
Electro-mechanical Equipment Mfg.Co.Ltd

      


      
        
          
            
            

          

        

      

      Party
B: Hainan Zhonghe
Pharmaceutical Co. Ltd.


      
        


        
          
            
              	 
      	
                      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 phase II 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

                	
                  Details
      please refer to attached list

                
	
                  TOTAL:
      RMB527,310.00

                


        

      

       

      
        
           


        

        
          
          

          
            

          

        

        
           


        

      

       

      
        
        

      

      Article 2
Quality and Technical Standard: This batch of cable was produced comply with
national quality standard by Shenzhen Chengtiantai Power Cable Industry
Development Co.,Ltd, Party A promises system of thee guarantees for 1 year,
notwithstanding do not take back left over cables unused by Party B. (Note:
Casual factors like man-made and etc. are not within the scope of three
guarantees.)

      


      
        
        

      

      Article 3
Delivery: The goods shall be delivered by Party A to point appointed by Party A
within 15 days
after Party B put forward the order.

      


      
        
        

      

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

      


      
        
        

      

      Article 5
Check and Acceptance: Party B 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
      A must supply the cables to 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.

              


      

      


      
        
        

      

      
        	
              	
                3.

              	
                Party
      B must pay 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.

              


      

      


      
        
        

      

      
        	
              	
                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 A receives advance payment from Party B.

      


      
        
        

      

      
        
          	
                  Article
      8 Others:

                	
                  Three guarantees
      (repair, replacement or compensation of faulty
    products

                


        

      

       

      
        
          
            	
                    Party
      A (Chop): _________________________

                  	
                    Party
      B (Chop):
_________________________