Document:

Exhibit 10.21

 

Shanghai Pudong Development Bank

Liquid Capital Loan Contract

 

(Contract No. :  [●])

 

Borrower: Chongqing Penglin
Food Co. Ltd.

Address: 30 Changjiangyi Road, Building
No. 1, Unit 9-2, Yuzhong District, Chongqing City.

 

Loaner: Shanghai Pudong Development
Bank (SPD Bank)

Address: 78 Xingguang Avenue, Gaoxin Yuan,
Chongqing City.

 

	I.	Loan:

 

	 	1.	Type: Liquid capital loan

 

	 	2.	Purpose: purchase meat products

 

	 	3.	Currency: RMB.

 

	 	4.	Amount: ¥10,000,000

 

	 	5.	Term: short term

 

	 	6.	Period: 12 months, from April 22, 2019 to April 22, 2020

 

	II.	Loan interest rate, interest calculation and interest settlement:

 

	 	1.	Loan interest rate is calculated pursuant to

 

	Floating rate: Loan interest rate is calculated pursuant to the LPR plus 177bp.

 

	 	2.	Loan Interest Rate shall be settled monthly on the 20th day of each month. The  corresponding day of actual withdrawal date of each month is the interest payment date.

 

	 	3.	If Borrower does not repay the loan on time, and does not promptly cure the delay, Borrower is deemed to be at default, and is subject to penalty interest, liquidated damages, and compound interest. Penalty interest is the loan interest plus 50bp.

 

	 	4.	If the loan is used in violation of the purpose of this agreement, the penalty interest will be increased 100bp of the loan interest under this contract.

 

	III.	Guarantee:

 

	 	1.	The guarantee type for performance of this contract is guarantee and pledge.

 

	Name of Guarantor and Pledge	 	Contract No.	 	Guarantee Type
	Chongqing Xingnong financial guarantee Group Co. Ltd.	 	 	 	 Guarantee and Pledge
	Mingwen Wang	 	 	 	 Guarantee
	Zeshu Dai	 	 	 	 Guarantee
	Penglin Wang	 	 	 	 Guarantee

 

     

     

    

 

	IV.	Repayment of Loan Principal

 

	 	1.	Borrower shall repay all the loan under this contract (RMB 10,000,000) no later than April 22, 2020.

 

	 	2.	Borrower shall pay as liquidated damage an amount equal to 10% of the loan principal.

 

	VII.	Miscellaneous:

 

	 	1.	Any disputes arising from the performance of the contract shall be submitted to the court located in the place where Loaner resides.

 

	 	2.	This contract comes into effect upon execution by legal representative of each party and stamped by both parties.

 

Loaner: /s/ Shanghai
Pudong Development Bank (SPD Bank)

 

Borrower: /s/ Chongqing
Penglin Food Co. Ltd.

 

Execution date: April 22, 2019Exhibit 10.22

 

Chongqing Rural Commercial Bank

Liquid Capital Loan Contract

 

(Contract No. :  [●])

 

Loaner: Chongqing Rural Commercial
Bank, Beibei Branch

Address: 20 West Beixia Road, Beibei district

Legal representative: Fei Zhang

 

Borrower: Chongqing Penglin
Food Co. Ltd.

Address: 128 Xinyuan Road, Zhenxi Town,
Beiling District, Chongqing City

Legal representative: Zeshu Dai

 

	I.	Loan:

 

	 	1.	Type: Liquid capital loan

 

	 	2.	Purpose: payment to suppliers

 

	 	3.	Currency: RMB.

 

	 	4.	Amount: ¥18,700,000

 

	 	5.	Term: short term

 

	 	6.	Period: 12 months, from December 11, 2018 to December 6, 2019, and is extended for 12 months from December 7, 2019 to November 25, 2020

 

	II.	Loan interest rate, interest calculation and interest settlement:

 

	 	1.	Loan interest rate is calculated pursuant to

 

	Floating rate: Loan interest rate is calculated pursuant to the LPR plus 55bp.

 

	 	2.	Loan Interest Rate shall be settled monthly on the 20th day of each month. The  corresponding day of actual withdrawal date of each month is the interest payment date.

 

	 	3.	If Borrower does not repay the loan on time, and does not cure the delay within 10 days, Borrower is deemed to be at default, and is subject to penalty interest, liquidated damages, and compound interest. Penalty interest is the loan interest plus 50bp.

 

	 	4.	If the loan is used in violation of the purpose of this agreement, the penalty interest will be increased 100bp of the loan interest under this contract.

 

	III.	Guarantee:

 

	 	1.	The guarantee type for performance of this contract is guarantee.

 

	IV.	Repayment of Loan Principal

 

	 	1.	Borrower shall repay $1,000,000 in principal on or before June 30, 2020, $13,000,000 in principal on or before November 25, 2020. Interests shall be settled and paid monthly on the 20th day of each month.

 

     

     

    

 

	V.	Miscellaneous:

 

	 	1.	Any disputes arising from the performance of the contract shall be submitted to the court located in the place where Loaner resides.

 

	 	2.	This contract comes into effect upon execution by legal representative of each party and stamped by both parties.

 

Loaner: /s/Chongqing Rural
Commercial Bank, Beibei Branch

 

Borrower: /s/ Chongqing
Penglin Food Co., Ltd.

 

Execution date: December 5, 2019Exhibit 10.23

 

Chongqing Puluosi Microfinance Co. Ltd.

Loan Contract

 

(Contract No. :  [●])

 

Loaner: Chongqing Puluosi
Microfinance Co. Ltd.

Address: 19 Yinglong Avenue, Longxin Town,
Yubei District, Chongqing City.

 

Borrower: Chongqing Penglin
Food Co. Ltd.

Address: 128 Xinyuan Road, Zhenxi Town,
Beiling District, Chongqing City.

 

	 	I.	Loan:

 

	 	1.	Type: Liquid capital loan

 

	 	2.	Purpose: purchase raw materials

 

	 	3.	Currency: RMB.

 

	 	4.	Amount: ¥10,000,000

 

	 	5.	Term: short term

 

	 	6.	Period: 12 months from the date of withdrawal

 

	 	II.	Loan interest rate, interest calculation and interest settlement:

 

	 	1.	Loan interest rate is calculated pursuant to

 

	Fixed rate: Loan interest rate is fixed at an annual rate of 12%.

 

	 	2.	Loan Interest Rate shall be settled monthly on the 20th day of each month. The corresponding day of actual withdrawal date of each month is the interest payment date.

 

	 	3.	If Borrower does not repay the loan on time, Borrower is deemed to be at default, and is subject to penalty interest, liquidated damages, and compound interest. Penalty interest is the loan interest plus 50bp.

 

	 	4.	If the loan is used in violation of the purpose of this agreement, the penalty interest will be increased 50bp of the loan interest under this contract.

 

	 	III.	Guarantee:

 

	 	1.	The guarantee type for performance of this contract is guarantee and pledge.

 

	Name of Guarantor and Pledge	 	Contract No.	 	Guarantee Type
	Mingwen Wang	 	 	 	 Guarantee
	Zeshu Dai	 	 	 	 Guarantee
	Guangan Yongpeng Food Co. Ltd.	 	 	 	 Pledge

 

	 	IV.	Repayment of Loan Principal

 

	 	1.	Borrower shall repay the interest monthly and the principal on the maturity date.

 

	 	2.	Borrower shall pay as liquidated damage the penalty interest as described above.

 

    

     

    

 

	 	VII.	Miscellaneous:

 

	 	1.	Any disputes arising from the performance of the contract shall be submitted to the court located in the place where Loaner resides.

 

	 	2.	This contract comes into effect upon execution by legal representative of each party and stamped by both parties.

 

Loaner: /s/Chongqing Puluosi
Microfinance Co. Ltd.

 

Borrower: /s/Chongqing Penglin
Food Co. Ltd.

 

Execution date: November 13,
2017Exhibit 10.24

 

Chongqing Puluosi Microfinance Co. Ltd.

Loan Contract

 

(Contract No. :  [●])

 

Loaner: Chongqing Puluosi Microfinance
Co. Ltd.

Address: 19 Yinglong Avenue, Longxin Town,
Yubei District, Chongqing City.

 

Borrower: Chongqing Penglin
Food Co. Ltd.

Address: 128 Xinyuan Road, Zhenxi Town,
Beiling District, Chongqing City.

 

	I.	Loan:

 

	 	1.	Type: Liquid capital loan

 

	 	2.	Purpose: purchase raw materials

 

	 	3.	Currency: RMB.

 

	 	4.	Amount: ¥20,000,000

 

	 	5.	Term: short term

 

	 	6.	Period: 12 months from the date of withdrawal

  

	II.	Loan interest rate, interest calculation and interest settlement:

 

	 	1.	Loan interest rate is calculated pursuant to

 

	Fixed rate: Loan interest rate is fixed at an annual rate of 12%.

 

	 	2.	Loan Interest Rate shall be settled monthly on the 20th day of each month. The corresponding day of actual withdrawal date of each month is the interest payment date.

 

	 	3.	If Borrower does not repay the loan on time, Borrower is deemed to be at default, and is subject to penalty interest, liquidated damages, and compound interest. Penalty interest is the loan interest plus 50bp.

 

	 	4.	If the loan is used in violation of the purpose of this agreement, the penalty interest will be increased 50bp of the loan interest under this contract.

 

	III.	Guarantee:

 

	 	1.	The guarantee type for performance of this contract is guarantee and pledge.

 

	Name of Guarantor and Pledge	 	Contract No.	 	Guarantee Type
	Mingwen Wang	 	 	 	 Guarantee
	Zeshu Dai	 	 	 	 Guarantee

 

	IV.	Repayment of Loan Principal

 

	 	1.	Borrower shall repay the interest monthly and the principal on the maturity date.

 

	 	2.	Borrower shall pay as liquidated damage the penalty interest as described above.

 

     

     

    

 

	VII.	Miscellaneous:

 

	 	1.	Any disputes arising from the performance of the contract shall be submitted to the court located in the place where Loaner resides.

 

	 	2.	This contract comes into effect upon execution by legal representative of each party and stamped by both parties.

 

Loaner: /s/Chongqing Puluosi
Microfinance Co. Ltd.

 

Borrower: /s/Chongqing Penglin
Food Co. Ltd.

 

Execution date: January 2, 2018Exhibit 10.25

 

Platform Intermediary
Service Agreement

 

(Contract No. :  [●])

 

Party A (Principal ): Chongqing
Pengmei Supermarket Co., Ltd.

No:91500103MA5UQF049K

Legal representative: Zili
Zhang

 

Party B(Intermediary): Sichuan
Toucu Finance Information Service Co. Ltd.

No:91510104091268239Q

Legal representative: Benqiang
Shi

 

Whereas:

 

	 	1.	Due to the request of the liquid capital, Party A needs external financing (“Financing Project”).Party A delegates Party B as a middleman to post financing information by its’ internet finance service platform (Toucu finance www.chinap2g.com, “Toucu Platform” ) in order to look for the Lending institutions or personal (“Third Party Funders”)  

 

	 	2.	Based on the principals of equality and voluntariness, after friendly negotiation, both Parties agree to the terms set forth below. 

 

		I.	Platform Service items

 

	 	1.	Party A delegates Party B as an Intermediary to post financing information by Toucu Platform, Party B should make contribution to the loan contract between Party A and Third Party Funders. Assist Party A to complete financing and related items.  

 

	 	2.	Loan information:

 

(1) Amount: RMB 1,000,000

(2) Interest rate: 8.4%

(3) Term: 2 months

(4) Purpose: working capital

(5) Source of repayment:
Business income

(6) Guarantee: Asset Mortgage,
actual controller guarantee or legal person guarantee, Chongqing Penglin food Co. Ltd. provides joint guarantees

(7) Repayment: loan interest
shall be paid monthly and loan principal shall be repaid on maturity date.

 

		II.	Intermediary service fee and settlement

 

	 	1.	Party B shall receive service fee equal to 1.1% of the total loan, payable within 3 business days after Party A receive a loan. 

 

	 	2.	If Party A does not pay the service fee on time, the liquidated damage is the 10% of the total service fee, with a daily interest of 0.05%。

 

Principal: /s/ Chongqing
Pengmei Supermarket Co., Ltd.

 

Intermediary: /s/
Sichuan Toucu Finance Information Service Co. Ltd.

 

Execution date: September 4,
2019

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