Document:

Exhibit 4.11

 

Middlings
Purchase and Sale Contract

 

Contract No.: YDY-JH20180501

 

	Seller: Shanxi Yidayang Coal Transportation and Sales Co., Ltd.	Signed at: -
	 	 
	Buyer: Liulin Junhao Coal Coke Trading Co., Ltd.	Signed on: May 1, 2018

 

1. Product Name, Quantity,
Unit Price, Amount, Delivery Time, and Quality Standards

 

	Type
    of Coal	 	Qty.
    (ton)	 	 	Unit
    Price (RMB)	 	 	Amount
    (RMB)	 	 	Remarks
	Middlings	 	 	6000	 	 	402	 	 	 	2412000	 	 	settled
    on an actual basis
	Middlings	 	 	1000	 	 	262	 	 	 	262000	 	 	settled
    on an actual basis
	Total	 	 	 	2674000	 	 	 

 

2. Delivery, Mode of
Transport and Expense Burden:

 

2.1. Place of delivery:
The Seller's designated place (-)

 

2.2. Mode of transportation:
pick-up by the Buyer.

 

3. Quantity basis: as
shown in the Seller's weighing list.

 

4. Payment and settlement
method: payment by spot exchange upon invoicing.

 

5. Liability for breach
of contract: If the Buyer delays in pick-up, the Seller shall be entitled to terminate this contract.

 

6. Contract dispute
resolution: through negotiation or, failing that, referred to the court where the Seller is located.

 

7. Valid period: This
contract shall become effective when signed and sealed by both parties and continue until expiration on 31 May 2018.

 

8. This contract is
made in quadruplicate, with two copies for each party.

 

	Seller	 	Buyer
	Company name: Shanxi Yidayang Coal Transportation and Sales Co., Ltd.	 	Company name: Liulin Junhao Coal Coke Trading Co., Ltd.
	Domicile: 	 	Domicile: 
	Legal representative: 	 	Legal representative: 
	Authorized representative: 	 	Authorized representative: 
	Bank name: 	 	Bank name: 
	Account No.: 	 	Account No.: 
	Tax ID.: 	 	Tax ID.: 
	Tel.: 	 	Tel.: 

 

     

     

    

 

	/s/ Special
    seal for contractual uses	 

Liulin
Junhao Coal Coke Trading Co., Ltd.

Domicile:
Bandi Village, Jinjiazhuang Township, Liulin County, Lvliang (in the yard of Liulin Hongxing Coal Coke Co., Ltd.)

Bank
name: ABC Liulin Hechang Sub-branch Office

Account
No.: 633101040008576

  

	/s/ Special
    seal for contractual uses	 

Shanxi
Yidayang Coal Transportation and Sales Co., Ltd.

Domicile: -

Bank name: -

Account No.: -

PC.: -Exhibit 4.12

 

Coal Sales
Contract

 

Party A (Seller): Shanxi Yidayang Coal
Transportation and Sales Co., Ltd.

 

Party B (Buyer): Liulin Junhao Coal Coke
Trading Co., Ltd.

 

In order to protect
the legitimate rights and interests of both parties, Party A and Party B have reached the following terms on the purchase of Party
A's coal by Party B through mutual agreement pursuant to the Contract Law of the People's Republic of China:

 

1. Name of goods: middlings.

 

2. Price of goods: factory
price ¥262 (RMB two hundred and sixty-two)/ton incl. of VAT.

 

3. Quantity of goods:
10000 tons to be supplied by Party A to Party B on a monthly basis.

 

4. Delivery method:
pick-up by Party B.

 

5. Quantity basis: as
shown in Party A's weighing list.

 

6. Payment method: payment
by spot exchange or acceptance.

 

7. This contract is
made in duplicate, with one copy for each party. It shall become effective when sealed by both parties and signed by the legal
representative or authorized representative of both parties.

 

	Party A (seal): 	Party B (seal): 

 

Signature of legal representative or authorized
representative:         Signature of legal representative or authorized representative:

 

	Tel.: 	Tel.: 

 

Signed at: -

Signed on: May 1, 2018

	/s/ Liulin
    Junhao Coal Coke Trading Co., Ltd. (seal)	 
	 	 
	/s/ Special seal for contractual
    uses	 

Shanxi Yidayang Coal Transportation and
Sales Co., Ltd.

Address: -

Bank name: -

Account No.: -

PC.: -Exhibit 4.13

 

Coal Sales
Contract

 

Party A (Seller): Shanxi Yidayang Coal
Transportation and Sales Co., Ltd.      Contract No.: YDY-JH20180501

 

Party B (Buyer): Liulin Junhao Coal Coke
Trading Co., Ltd.     Signed at: -

 

Party A and Party B
have reached the following terms through friendly negotiation:

 

1. Party A will supply
500,000 t middlings to Party B from May 1, 2018 to December 25, 2018.

 

2. Middlings supplied
by Party A will be in the quality as shown in the middlings storage yard.

 

3. Party A will supply
Party B with middlings at the unit price of RMB 370/ton for 5# and RMB 410/ton for 8# (incl. of VAT) subject to adjustment upon
confirmation in a temporary agreement otherwise signed by both parties.

 

4. Delivery of goods:
pick-up by Party B at -.

 

5. Settlement: The testing
results and the settlement amount will be as provided by Party B: Required moisture ≤10%. Once exceeded, moisture less 5%.

 

6. Payment method: Spot
exchange or acceptance.

 

7. Any dispute arising
from the performance of this contract shall be resolved through friendly negotiation or, failing that, referred to the people's
court where Party A is located.

 

9. This contract is
made in quadruplicate, with two copies for each party. It shall become effective when sealed by both parties.

 

	Party A: (seal)	Party B: (seal)
	Representative: 	Representative: 
	Tel.: 	Tel.: 
	Bank name and account No.: 	Bank name and account No.: 

 

May 1, 2018

 

	/s/ Liulin Junhao Coal Coke Trading Co., Ltd. (seal)	 

 

	/s/ Special seal for contractual uses	 

Shanxi Yidayang Coal Transportation and
Sales Co., Ltd.

Address: -

Bank name:-

Account No.: -

PC.: -Exhibit 4.14

 

Coal Sales
Contract

 

Party A (Seller): Shanxi Yidayang Coal
Transportation and Sales Co., Ltd.

 

Party B (Buyer): Liulin Junhao Coal Coke
Trading Co., Ltd.

 

In order to protect
the legitimate rights and interests of both parties, Party A and Party B have reached the following terms on the purchase of Party
A's coal by Party B through mutual agreement pursuant to the Contract Law of the People's Republic of China:

 

1. Name of goods: middlings.

 

2. Price of goods: factory
price ¥402 (RMB four hundred and two)/ton incl. of VAT.

 

3. Quantity of goods:
5570.38 tons.

 

4. Delivery method:
pick-up by Party B.

 

5. Quantity basis: as
shown in Party A's weighing list.

 

6. Payment method: payment
by spot exchange or acceptance.

 

7. This contract is
made in duplicate, with one copy for each party. It shall become effective when sealed by both parties and signed by the legal
representative or authorized representative of both parties.

 

	Party A (seal): 	Party B (seal): 
	 	 
	Signature of legal representative or authorized
representative: 	Signature of legal representative or authorized representative:

  

	Tel.: 	Tel.: 

 

Signed at: -

Signed on: May 1, 2018

	/s/ Liulin Junhao Coal Coke Trading Co., Ltd. (seal)	 

 

	/s/ Special seal for contractual uses	 

Shanxi Yidayang Coal Transportation and
Sales Co., Ltd.

Address: -

Bank name: -

Account No.:-

PC.: -Exhibit 4.15

 

Coal Sales
Contract

 

Party A (Seller): Shanxi Yidayang Coal
Transportation and Sales Co., Ltd.

 

Contract No.: YDY-JH20180501

 

Party B (Buyer): Liulin Junhao Coal Coke
Trading Co., Ltd.     Signed at: -

 

Party A and Party B
have reached the following terms through friendly negotiation:

 

1. Party A will supply
500,000 t middlings to Party B from May 1, 2018 to December 25, 2018.

 

2. Middlings supplied
by Party A will be in the quality as shown in the middlings storage yard.

 

3. Party A will supply
Party B with middlings at the unit price of RMB 370/ton for 5# and RMB 410/ton for 8# (incl. of VAT) subject to adjustment upon
confirmation in a temporary agreement otherwise signed by both parties.

 

4. Delivery of goods:
pick-up by Party B at-.

 

5. Settlement: The testing
results and the settlement amount will be as provided by Party B: Required moisture ≤10%. Once exceeded, moisture less 5%.

 

6. Payment method: Spot
exchange or acceptance.

 

7. Any dispute arising
from the performance of this contract shall be resolved through friendly negotiation or, failing that, referred to the people's
court where Party A is located.

 

9. This contract is
made in quadruplicate, with two copies for each party. It shall become effective when sealed by both parties.

 

	Party A:  (seal)	Party B:  (seal)
	Representative: 	Representative: 
	Tel.: 	Tel.: 
	Bank name and account No.: 	Bank name and account No.: 

 

May 1, 2018

 

	/s/ Liulin Junhao Coal Coke Trading Co., Ltd. (seal)	 
	/s/ Special seal for contractual uses	 

Shanxi Yidayang Coal Transportation and
Sales Co., Ltd.

Address:-

Bank name: -

Account No.: -

PC.: -Exhibit 4.16

 

Coal Sales
Contract

 

Party A (Seller): Shanxi Yidayang Coal
Transportation and Sales Co., Ltd.

 

Party B (Buyer): Liulin Junhao Coal Coke
Trading Co., Ltd.

 

In order to protect
the legitimate rights and interests of both parties, Party A and Party B have reached the following terms on the purchase of Party
A's coal by Party B through mutual agreement pursuant to the Contract Law of the People's Republic of China:

 

1. Name of goods: middlings.

 

2. Price of goods: factory
price ¥402 (RMB four hundred and two)/ton incl. of VAT.

 

3. Quantity of goods:
5570.38 tons.

 

4. Delivery method:
pick-up by Party B.

 

5. Quantity basis: as
shown in Party A's weighing list.

 

6. Payment method: payment
by spot exchange or acceptance.

 

7. This contract is
made in duplicate, with one copy for each party. It shall become effective when sealed by both parties and signed by the legal
representative or authorized representative of both parties.

 

	Party A (seal): 	Party B (seal): 
	 	 
	Signature of legal representative or authorized
representative:	Signature of legal representative or authorized representative:

  

	Tel.: 	Tel.: 

 

Signed at: Yidayang Office, Liulin County

Signed on: May 1, 2018

 

	/s/ Liulin Junhao Coal Coke Trading Co., Ltd. (seal)	 
	 	 
	/s/ Special seal for contractual uses	 

Shanxi Yidayang Coal Transportation and
Sales Co., Ltd.

Address: -

Bank name:-

Account No.:-

PC.: -

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