Document:

ex10-7.htm

Exhibit 10.7

Building Lease (Steel-Making I)

 

Date: November 30th , 2007

Party A: Handan Hongri Metallurgy Co., Ltd.

Party B: Wuan Hongrong Iron and Steel Co., Ltd.

 

Party A, who primarily manufactures medium and thick sheet steel, is a China-foreign joint venture enterprise owned by Hebei Wu’an Yuanbaoshan Industry Group Co., LTD. and Fakei Investment (Hong Kong) Limited.

 

For mutual benefit, both parties have reached the following lease through negotiation:

 

	
A.  

	
Party A will rent 50,117.79 square meters building for Steel-making production from Party B, with a price of 2.01 Yuan per square meter. Annual rental fee would be 1,210,715.32 Yuan, which will be due on December 31th every year. In case of payment failure, Party A has to pay the annual interest calculated by the city's financial institution standard.

 

	
B.  

	
Currently, the lease will expire in 10 years, from January 1st 2008 to December 31st 2017.

 

	
C.  

	
During the rental period, the lease will be terminated for restriction of production caused by policy changing or natural disaster, and Party A has to pay rent to Party B for building usage.

 

	
D.  

	
If there is a change or supplement to be made for this lease, it has to be taken under provision of both parties. Also, any kind of modification has to be made on the paper with seals of both parties.

 

	
E.  

	
For the matters not included, both parties have had understandings under existing principles, and supplements are as effective as this lease.

 

	
F.  

	
This lease has 4 copies, and each party has 2 of them.

 

  

  

  

 

	
Party A: Handan Hongri Metallurgy Co., Ltd.

	 	 
	 	 	
Liu Shenghong 

	 
	 	 	
Legal Representative

	 
	 	 	 	 
	 	 	
Date: November 30th , 2007

	 
	 	 	 	 
	
Party A: Wuan Hongrong Iron and Steel Co., Ltd.

	 	 
	 	 	
Liu Baocang 

	 
	 	 	
Legal Representative

	 
	 	 	 	 
	 	 	
Date: November 30th , 2007ex10-8.htm

Exhibit 10.8

Building Lease (Plate-Rolling I)

 

 

Date: November 30th , 2007

 

Party A: Handan Hongri Metallurgy Co., Ltd.

 

Party B: Hebei Wu’an Yuanbaoshan Industry Group Co., LTD.

 

 

Party A, who primarily manufactures medium and thick sheet steel, is a China-foreign joint venture enterprise owned by Party B and Fakei Investment (Hong Kong) Limited., For mutual benefit, both parties have reached the following lease through negotiation:

 

	
A.  

	
Party A will rent 42,516.81 square meters building for Plate production from Party B, with a price of 6.90 Yuan per square meter. Annual rental fee would be 3,522,211.32 Yuan, which will be due on December 31th every year. In case of payment failure, Party A has to pay the annual interest calculated by the city's financial institution standard.

 

	
B.  

	
Currently, the lease will expire in 10 years, from January 1st 2008 to December 31st 2018.

 

	
C.  

	
During the rental period, the lease will be terminated for restriction of production caused by policy changing or natural disaster, and Party A has to pay rent to Party B for building usage.

 

	
D.  

	
If there is a change or supplement to be made for this lease, it has to be taken under provision of both parties. Also, any kind of modification has to be made on the paper with seals of both parties.

 

	
E.  

	
For the matters not included, both parties have had understandings under existing principles, and supplements are as effective as this lease.

 

	
F.  

	
This lease has 4 copies, and each party has 2 of them.

 

  

  

  

 

	
Party A: Handan Hongri Metallurgy Co., Ltd.

	
Liu Shenghong 

	 	 
	 	
Legal Representative

	 	 
	 	 	 	 
	 	
Date: November 30th , 2007

	 	 
	 	 	 	 
	 	 	 	 
	
Party A: Hebei Wu’an Yuanbaoshan Industry Group Co., LTD.

	
Liu Beifang 

	 	 
	 	
Legal Representative

	 	 
	 	 	 	 
	 	
Date: November 30th , 2007Unassociated Document

 

Exhibit 10.9

 

STEEL MAKING II

 

Building Lease (Steel-Making II)

 

 

 

Date: November 30th , 2009

 

Party A: Handan Hongri Metallurgy Co., Ltd.

 

Party B: Hebei Wu’an Yuanbaoshan Industry Group Co., LTD.

 

 

Party A, who primarily manufactures medium and thick sheet steel, is a China-foreign joint venture enterprise owned by Party B and Fakei Investment (Hong Kong) Limited.

 

For mutual benefit, both parties have reached the following lease through negotiation:

 

	
A.  

	
Party A will rent 1791.06 square meters building for Steel-making production from Party B, with a price of 5.00 Yuan per square meter. Annual rental fee would be 107,463.60 Yuan, which will be due on December 31th every year. In case of payment failure, Party A has to pay the annual interest calculated by the city's financial institution standard.

 

	
B.  

	
Currently, the lease will expire in 10 years, from January 1st 2010 to December 31st 2019.

 

	
C.  

	
During the rental period, the lease will be terminated for restriction of production caused by policy changing or natural disaster, and Party A has to pay rent to Party B for building usage.

 

	
D.  

	
If there is a change or supplement to be made for this lease, it has to be taken under provision of both parties. Also, any kind of modification has to be made on the paper with seals of both parties.

 

	
E.  

	
For the matters not included, both parties have had understandings under existing principles, and supplements are as effective as this lease.

 

	
F.  

	
This lease has 4 copies, and each party has 2 of them.

 

 

  

1 / 2

  

 

STEEL MAKING II

 

 

 

Party A: Handan Hongri Metallurgy Co., Ltd.

 

 

          Liu Shenghong                       

Legal Representative

 

 

 

Date: November 30th , 2009

 

 

 

 

Party A: Hebei Wu’an Yuanbaoshan Industry group Co., Ltd.

 

 

                 Liu Beifang                       

Legal Representative

 

 

 

Date: November 30th , 2009

 

 

 

  

2 / 2ex10-10.htm

Exhibit 10.10

Building Lease (Bar Rolling 3rd)

 

 

Date: November 30th, 2009

Party A: Handan Hongri Metallurgy Co., Ltd.

Party B: Wuan Hongrong Iron and Steel Co., Ltd.

 

 

Party A, who primarily manufactures medium and thick sheet steel, is a China-foreign joint venture enterprise owned by Hebei Wu’an Yuanbaoshan Industry Group Co., LTD. and Fakei Investment (Hong Kong) Limited.

 

For mutual benefit, both parties have reached the following lease through negotiation:

 

	
A.  

	
Party A will rent 21,069.53 square meters building for bar production from Party B, with a price of 3 Yuan per square meter. Annual rental fee would be 758,503.08 Yuan, which will be due on December 31th every year. In case of payment failure, Party A has to pay the annual interest calculated by the city's financial institution standard.

 

	
B.  

	
Currently, the lease will expire in 10 years, from January 1st 2010 to December 31st 2020.

 

	
C.  

	
During the rental period, the contract will be terminated for restriction of production caused by policy changing or natural disaster, and Party A has to pay rent to Party B for building usage.

 

	
D.  

	
If there is a change or supplement to be made for this lease, it has to be taken under provision of both parties. Also, any kind of modification has to be made on the paper with seals of both parties.

 

	
E.  

	
For the matters not included, both parties have had understandings under existing principles, and supplements are as effective as this lease.

 

	
F.  

	
This lease has 4 copies, and each party has 2 of them.

 

  

  

  

 

	
Party A: Handan Hongri Metallurgy Co., Ltd.

	 	 
	 	 	
Liu Shenghong 

	 
	 	 	
Legal Representative 

	 
	 	 	 	 
	 	 	
Date: Nov 30, 2009

	 
	 	 	 	 
	
Party A: Wuan Hongrong Iron and Steel Co., Ltd.

	 	 
	 	 	Liu Maisheng	 
	 	 	
Legal Representative 

	 
	 	 	 	 
	 	 	 	 
	 	 	
Date: Nov 30, 2009ex10-11.htm

Exhibit 10.11

 

Medium Plate Sales Agreement

 

Party A: Handan Hongri Metallurgy Co., Ltd.

 

Party B: Wu’an Yinli Merchandise Trading Co., Ltd.

 

No. HRHT20121121

 

Date: November 21, 2012

 

	
Product

	
Steel Type

	
Model

	
Amount

(Ton)

	
Price

	
Total

(RMB)

	
Memo

	
Medium Plate

	
Q235B

	
6-60mm

	
3545.822

	
3453.83

	
12246693.47

	
Price of other types and models shall be charged as follows:

14mm basic price plus RMB 20;

Q345 basic price plus RMB 150

	  	  	
Total

	
3545.822

	  	
12246693.47

	  

Once the Agreement is executed, Party B shall make full payment within two day and the sales price will be locked. If Party B fails to do so, the Agreement shall be terminated.

 

Quality Requirement:

 

(1) National standards applies, if require punching shall pay an extra RMB 50 or the punching quality and shaping quality shall not be guaranteed;

 

(2) Only chemical composition is guaranteed; this contract will apply this term only

 

(3) The mechanical quality of steel plate that exceeds 25mm is not guaranteed. Only chemical composition is guaranteed. Steel plate that exceeds 50mm shall be examined on site before they leave the factory;

 

(4) The size and model of the medium plate shall be examined in the factory.

 

(5) Party A will deliver merchandise to party B within 10 days after party A received payment.

 

(6) Party B will pick up merchandise in the site of party A.

 

(7) Party B will be responsible for the cost of shipment and transportation methods

 

(8) Party B should inform any quality problem to party A within 10 days of receiving the merchandise

 

(9) All payments must be received by party A before shipment to party B.

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