Document:

[2017]
JiangXI Rular Credit Union Rular Commercial Bank No. 1792577017033010030001

 

Current
fund loan contract

 

Borrower:
Jiangxi Fuzhiyuan Biological Technology Co., Ltd.

 

Credit
rating: ______________________________________

 

Lender:________________________________________

 

Lender:
JiangXi Rular Credit Union & Rular Commercial Bank

 

    	 

    	 

    

 

Current
fund loan contract

 

[2017]
Wan Nong commercial bank loan No. 1792577017033010030001

 

Borrower:
Jiangxi Fuzhiyuan Biological Technology Co., Ltd.

 

Business
license number: 91360828058846148R

 

Credit
card number: 3608280000030019

 

Legal
representative: Qiu Peng

 

Domicile:
two phase of Wan An County Industrial Park

 

Zip
code: 343800

 

Basic
account opening financial institution and account number:———

 

Account
and account number of the lender: 179257650000052946

 

Phone:
18679687668

 

fax:
——

 

Lender:
business department of jiangsiwan rural commercial bank co. LTD

 

Legal
representative/person in charge: zeng ping hua

 

    	 

    	 

    

 

Place
of residence: no. 668, wuyun road, Wanan County

 

Zip
code: 343800

 

Telephone:
0796-5703777

 

fax:————

 

The
borrower and the lender have reached an agreement on the issuance of liquidity loans to the borrower through equal consultation,
and the contract is hereby entered into.

 

Article
1 amount

 

Currency
of borrowing: people’s currency.

 

Amount
of loan: (capital) Ten million yuan.

 

(lower
case) ¥10000000.00yuan

 

Article
2 term

 

Borrowing
period: 12 months/day, since March 30, 2017 and ends on March 28, 2018, borrowing from the
actual withdrawal date (and handle the loan certificate, hereinafter the same) date, actual borrowing period and the date of the
loan certificate shall prevail; the term of borrowing shall be calculated from the first actual withdrawal date.

 

The
borrower should make the withdrawal in strict accordance with the agreed time, the actual withdrawal date is later than the agreed
withdrawal time, the borrower should repay the repayment time as agreed in this contract.

 

Article
3 use

 

Use
of borrowing: Working capital turnover.

 

Without
the written consent of the lender, the borrower shall not alter the use of the loan, and the borrower shall not divert the loan
to him, and the lender shall have the right to supervise the use of the money.

 

Article
4 borrowing rates and accruing interest

 

1.
loan interest rate

 

The
loan interest rate is the following first kinds;

 

(1)
The fixed interest rate, the annual interest rate of 6.3% (monthly interest rate for —-%). The interest rate remains unchanged
during the period of validity of this contract.

 

    	 

    	 

    

 

(2)
The floating interest rate, loan interest rate benchmark interest rate to determine the floating range. The benchmark interest
rate for cash and second agreed borrowing period corresponding to grade of the people bank Chinese benchmark lending rate, the
floating range (- / - / - float float zero) (choose one) ————%, within the validity period of the contract
floating rate unchanged. In the event that the people’s Bank of China adjusts the benchmark loan interest rate and the loan
interest rate, the relevant regulations of the people’s Bank of China shall be handled, and the lender will not notify the
borrower otherwise.

 

2.
Interest calculation

 

Interest
from the actual cash withdrawal date, according to the actual amount of the amount of cash used to calculate the box.

 

Interest
calculation formula: interest = principal * actual days = daily interest rate.

 

The
daily interest rate calculation base is 360 days a year, conversion formula: daily interest = annual interest rate /360.

 

3.
The way of interest

 

The
first clock according to the following information;

 

The
quarterly income statements, quarterly 20 days at the end of the month for JieXi day, 21 days for the payment date.

 

The
monthly income, 20 of the monthly interest settlement date, payment date for 21 days.

 

If
the final repayment date of the principal of the loan is not on the date of interest payment, the final repayment date of the
principal of the loan is the interest payment day, and the borrower shall pay all the payable interest.

 

4.
Impose a punitive interest

 

(1)
If the borrower is not in accordance with the agreed period of repayment of overdue part from the date according to the overdue
loans impose a punitive interest rate of interest, interest until settlement date;

 

(2)
If the borrower fails to use the loan for the stipulated purpose, will divert part from the date according to the misappropriation
of loans impose a punitive interest rate of recovery rate, until the repayment of principal and interest;

 

(3)
According to both the overdue loans and misappropriation, misappropriation of loans in accordance with the penalty interest rate
of interest;

 

(4)
If the borrower fails to pay the interest and penalty in the third paragraph of this article, the agreed settlement methods stipulated
in this penalty rate and the recovery of profits;

 

(5)
The charged penalty interest and compound interest, and loan interest rate adjustment contract, self-regulating all day
according to the adjusted rate calculation of penalty interest and compound interest;

 

    	 

    	 

    

 

(6)
It would impose a punitive interest rate

 

The
overdue loan interest penalty interest rate is 50% of the loan interest rate stipulated in the first paragraph of this article;
the interest rate of the loan interest penalty is the first clause of this article, and the loan interest rate level is increased
by 100%.

 

Article
5 drawing conditions

 

The
withdrawal of the borrower must meet the following conditions, otherwise the lender is not obligated to grant any money to the
borrower, except that the lender agrees to advance the loan:

 

1,
The contract and its annex have entered into force;

 

2,
The borrower has reserved to the lender the documents, documents, seals, personnel lists and signature samples relating to the
conclusion and performance of the contract, and completed the relevant vouchers;

 

3,
The borrower has opened the necessary account for performing the contract according to the requirements of the lender;

 

4,
On several bank working days before the withdrawal of the funds, the written draft of the loan to the lender and the proof of
the use of the loan have not been seen. The certificate of use provided by the borrower is consistent with the agreed use, and
the relevant drawing procedures shall be carried out;

 

5,
The borrower has submitted to the lender the resolution and authorization of the board of directors or other competent authorities
to agree to sign and implement the contract;

 

6,
according to the requirements of the relevant regulatory and lender management, more than a certain amount or meet other conditions
of borrowing, a trustee payment should be made by the lender, according to the borrower’s application for withdrawal and
payment will be paid to the principal, loan payment in accordance with the agreed purpose of the contract object;

 

7,
besides the credit loan, the borrower has provided the corresponding guarantee according to the lender’s request, and has
completed the related guarantee procedure;

 

8,
No breach of contract under the contract or other contract signed by the borrower and the lender;

 

9,
Legal provisions and other drawing conditions agreed by both parties:________________________

 

Article
6 Withdrawals time and mode

 

1.
The borrower should be the following kind of time and way to withdraw money1 July one-time withdrawal.

 

(1)
One day at the date of withdrawal.

 

(2)
Raise the loan from the date of the date.

 

    	 

    	 

    

 

(3)
The borrower shall make an application in installments according to the actual demand (recycling loan), and the first loan must
be withdrawn before the date of the year.

 

2.
More than the above time is not used, the lender has the right to cancel all or part of the loan amount.

 

3.
The withdrawal date In case of legal holidays, borrowers, lenders can be based on the actual situation, extended to the first
working day after the holiday.

 

Article
7 Circular Loan Special Agreement (Optional Clause, Application of this Article[  ] Not applicable)

 

1,
The borrowings under this contract can be recycled, the amount of borrowings and borrowings mentioned above is the cycle of the
amount of loans and the amount of the use of the loan cycle, which cycle borrowing period from the date of entry into force of
this contract.

 

2,
In the cycle of borrowing period of use, the borrower at any point in the sum of the loan balance shall not exceed the amount
of circular loans; any withdrawal of the withdrawal date shall not exceed the cycle of borrowing period of use.

 

3,
The lender should be based on the borrower production and operation of the size and cycle characteristics, a reasonable set of
each cycle of borrowing and borrowing period.

 

4,
Since the date of signing this contract, the borrower for three consecutive months without any withdrawal, the lender has the
right to cancel the cycle of borrowing.

 

Article
8 Payment of loan amount

 

1,
The loan issuance account: the borrower in the lender to set up the following account as a loan to issue accounts, loans issued
and payment should be handled through this account.

 

Bank:
Jiangxi Wanan Rural Commercial Bank Co., Ltd. Sales Department

 

Name:
Jiangxi Fuzhiyuan Biological Technology Co., Ltd.

 

Account
number: 179257650000052946

 

2,
The loan funds should be paid in the following manner

 

(1) the borrower in the contract under the single payment amount of more than __________ million yuan of loan
funds to pay, should be used by the lender to pay the way.

 

The
lender’s entrusted payment refers to the lender’s withdrawal notice and payment commission, and the loan funds are
paid to the borrower’s counterparty that meets the agreed purpose of this contract.

 

The
borrower is entrusted to pay, the borrower in the withdrawal notice should be a clear payment commission (including the recipient’s
account name, counterparty account, payment amount) and other necessary payment information, and to the lender to submit the audit
Need to use the business contract and other proof of material, fine lender review agreed, the loan funds through the borrower
account to pay to the borrower counterparty. The borrower to provide the payment of information and related transaction information
is not true, inaccurate, incomplete lead to the lender’s entrusted payment obligations failed to complete in time, the lender
does not assume any responsibility, the borrower has been produced under this contract also Obligations are not affected. The
lender pays the account to the counterparty’s account based on the borrower’s request for payment from the borrower’s
withdrawal notice.

 

    	 

    	 

    

 

If
the borrower has found that the borrower’s use of the business contract and other proof of use does not conform to
the contract or the existence of other defects, the right to require the borrower to supplement, replace, explain or re - submit
the relevant materials, the borrower to submit the lender Of the business contract and other proof materials, the lender has the
right to refuse the payment and payment of the relevant payment.

 

If
the borrower fails to pay in time for the borrower to pay the loan funds to its counterparties, the lender does not assume any
responsibility, the borrower in the contract has been under the repayment obligations not affected. The borrower shall
resubmit the proof of the use of the business contract and other documents required for the application for the transaction, and
the borrower shall pay the borrower’s account to the borrower’s counterparty after the consent of the lender’s
contract.

 

This
contract takes the entrusted payment method to the borrower to specify the transaction object to carry out all the necessary procedures
for payment of the loan, borne by the borrower. The borrower shall pay the above fee to the lender at the time of handling the
entrusted payment for each loan, borne by the borrower. The borrower shall pay the lender to the lender at the time of handling
the entrusted payment for each loan.

 

The
borrower shall not violate the aforesaid agreement and shall waive the lender’s entrusted payment in a zero way.

 

(2)
Unless otherwise agreed by the borrower, the other loan funds shall be paid in the form of the borrower’s own payment, that
is, the lender shall apply the loan fund to the borrower according to the borrower’s withdrawal Person account, by the borrower
to pay to the contract in accordance with the agreed use of the lender counterparty.

 

Article
9 repayment

 

1.
The two sides have agreed otherwise, the borrower must be the following paragraph of the repayment plan to return the loan under
this contract;

 

(1)
Repayment of all borrowings under this contract on the expiry of the term of the loan.

 

    	 

    	 

    

 

(2)
To repay the loan under this contract according to the following repayment plan.

 

	Repayment
    time	 	Repayment
    amount
	1,	 	 
	2,	 	 
	3,	 	 
	4,	 	 
	5,	 	 
	6,	 	 
	7,	 	 
	8,	 	 
	9,	 	 
	Total	 	 

 

(3)
Other repayment plan:

 

If
the borrower is required to change the repayment plan, the borrower shall submit a written application to the lender before the
corresponding bank term of office, and the change of the repayment plan shall be confirmed by both parties in writing.

 

2.
The borrower in advance repayment should be several bank working days in advance of the consent of the lender, the lender agreed
with the borrower in advance repayment, in addition to the contract agreed interest rate and the actual use of borrowing interest,
the borrower also pay the amount of the repayment amount to the lender to pay compensation.

 

3.
If the borrower under this contract needs to be extended, the borrower shall submit a written application to the lender before
the bank days prior to the expiration of the loan. The borrower agrees that the agreement shall be signed by the two parties.
The borrower shall not apply for the lender Approved, the borrower is still in accordance with the contract period of repayment
period in full repayment.

 

4.
In addition to the agreement between the two parties, the borrower has the right to decide the order to repay the principal or
repay the interest in the case of the borrower’s default on the principal and interest of the borrower; if the contract
exists under the terms of the installment The borrower has the right to decide the order of the repayment of a borrower; the borrower
and the lender there are a number of loans have been due between the contract, the lender has the right to decide the borrower
every Pen payment to fulfill the contract order.

 

5.
The borrower shall repay the principal, interest and other payables in full and on time in accordance with this contract. The
borrower shall deposit in full the interest payable, principal and other payables in the following repayment account opened at
the lender at least several bank days prior to the repayment date and at each settlement date, The lender has the right to take
the initiative on the date of repayment or the date of settlement, or require the borrower to cooperate with the relevant procedures.
If the amount in the repayment account is insufficient to cover the full maturity of the borrower, the lender has the right to
determine the order of repayment.

 

    	 

    	 

    

 

Borrower
Repayment Account:

 

Bank:
_________________________________________________________________

 

Account
Name: __________________________________________________________

 

Account
number: _________________________________________________________

 

6.
The lender has the right to withdraw from the borrower funds in advance to recover the loan.

 

Article
10 Guarantees

 

1.
The loan under the contract for the guarantee (credit / guarantee) loans, the guarantee for the guarantee (guarantee / mortgage
/ pledge), the guarantee contract was signed.

 

2.
If the borrower or guarantor of the lender that may affect their ability to perform the event, the goods security contract changed
to invalid, was canceled or canceled, or the borrower or guarantor of the financial situation deteriorated involving major litigation
or arbitration cases, or Other factors may affect their ability to perform, or if the guarantor is in breach of contract or other
contract between the lender and the lender, or if the collateral is to be devalued, destroyed, lost, seized, resulting in the
diminished or lost value of the guarantee Have the right to request, and the borrower is obliged to supplement the provision of
new guarantees, supplement or replacement of the guarantor to ensure the debt under this contract.

 

Article
11 Insurance (This is a selective clause, which for which: 1, use; 2, do not use)

 

The
borrower shall insure the insurance company during the period of production and operation, collateral, personal and other important
property in the insurance company agreed by the lender, and the insurance premium and the white line shall meet the requirements
of the lender. Borrowers should be insured _______________________, the premium is borne by the borrower.

 

The
Borrower shall deliver the original of the Policy to the Lender within days of the entry into force of this Contract. The borrower
shall not suspend the insurance for any reason before the loan principal, interest and expenses are paid under this contract.
If the borrower interrupts the insurance, the lender has the right to renew or be insured and the borrower is responsible. The
borrower is liable for the instantaneous liability of the lender due to the interruption of the insurance.

 

The
borrower shall notify the lender in writing within 3 days from the date when it is known that the goods should be known that the
goods should be notified in writing and that the claimant will be claimed in a timely manner in accordance with the relevant provisions
of the insurance policy. In the absence of timely notice or timely claim or failure to fulfill the obligations under the insurance
policy the loss to the lender is borne by the borrower.

 

    	 

    	 

    

 

Unless
otherwise agreed, the insurance indemnity shall first be used to repay the principal and interest of the loan and other expenses
payable.

 

Article
12 Declarations and Commitments

 

1.
The borrower statement as follows:

 

(1)
The borrower shall be registered and legally viable by the administrative department for industry and commerce or the competent
authority in accordance with the law, and shall have the full civil rights and capacity required for the signing and performance
of this contract.

 

(2)
The signing and performance of this contract is based on the true meaning of the borrower and has been legally and effectively
authorized in accordance with the requirements of other internal management documents and does not violate any agreement, contract
and other legal documents binding on the borrower; The person has or will be required to obtain all the relevant approvals, permits,
filing or registration required for the execution and performance of this contract.

 

(3)
The principle of trustworthiness and trustworthiness, all documents, financial statements, vouchers and other information provided
to the lender under this contract are true, complete, accurate and effective, and there are no false records, material omissions
or misleading statements. The financial statements provided to the lenders and the preparation of the PRC Accounting Standards
and the true, fair and complete response to the borrower’s operating conditions and liabilities.

 

(4)
The borrower’s application to the lender’s business is true and legal, and is not used for money laundering and other
illegal purposes. The purpose of borrowing and repayment is clear and legal.

 

(5)
The borrower has good credit status and no significant bad record, and the borrower has not concealed from the lender the event
that may affect the financial condition and performance of the guarantor. Did not disclose to the lender the litigation, arbitration
or claim incident.

 

(6)
Other debts payable are repayable on a regular basis and no malicious acts default on bank loans.

 

(7) Other matters declared by the borrower: ___________________________

 

2.
The borrower promised as follows:

 

(1)
The borrowings are not used for investment in fixed assets and equity, and are not infiltrated into the securities market, the
futures market and other uses prohibited or restricted by the relevant laws and regulations in accordance with the terms and uses
agreed upon in this contract.(Including but not limited to annual reports, quarterly reports and monthly statements) and other
relevant information to the lender on a regular basis or in a timely manner at the request of the lender; the borrower shall ensure
that it continues to meet the following financial requirements:__________________________

 

    	 

    	 

    

 

(3)
According to the contract agreed to extract, pay and use of borrowing.

 

(4)
If the Borrower has or will enter into a counter-guarantee agreement or similar agreement with respect to its warranty obligations
with the Guarantor of the Contract, the Agreement shall not prejudice any of the rights of the Lender under this Contract.

 

(5)
Accept the credit check and supervision of the lender and give sufficient help and cooperation; the borrower agrees and authorizes
the lender to open the loan to the lender before the contract is valid until the principal and interest of the loan under the
contract and the relevant fee is settled (Including but not limited to the construction and operation of the borrower’s
project) to carry out inspection and analysis of its income cash flow for dynamic monitoring; the borrower should accept and actively
cooperate with the lender to account, Certificate inspection, on-site investigation, including the use of funds, including the
use of inspection and supervision, in accordance with the requirements of the lender to regularly summarize the statements of
loan funds to pay, use, the specific summary report time:____________________________

 

(6)
When a matter of merger, division, reduction, equity transfer, foreign investment, substantial increase in debt financing, significant
assets and claims transfer, and other matters that may adversely affect the solvency of the borrower, the written consent
of the lender.

 

The
dealer shall notify the agent within a few days from the date on which the borrower wishes to know or should be aware of the following
circumstances:

 

A,
the borrower or the guarantor company charter, business scope, registered capital, the legal representative of the change;

 

B,
any form of joint venture, with foreign joint ventures, cooperation, contract management, restructuring, restructuring, plans
to market and other changes in the mode of operation;

 

C,
involving major litigation or arbitration cases, or financial, collateral is seized, seized or supervised, or set up a new significant
liability on the mortgage;

 

D,
closed, dissolved, liquidation, suspension of business, was revoked, was revoked business license, (was) filed for bankruptcy;

 

E,
shareholders, directors and current senior management personnel involved in major cases or economic disputes, or legal representative
/ person in charge, the current senior management staff deterioration of health, human qualification does not match the incompetence
of their work important matters;

 

F,
the borrower under other contracts occurred in the event of default;

 

G,
the emergence of operational difficulties and deterioration of property situation;

 

    	 

    	 

    

 

The
borrower warns the lender in writing not later than one month before the occurrence of the aforesaid incident, and immediately
repays all of the lender, due to the change, restructuring, contracting or approval by the competent department, debt. With the
consent of the lender, the borrower may transfer the debt to the receiving unit or the new unit (in the course of the debt transfer,
the borrower shall present to the lender and send the document or the relevant documents of the department or the contractor)
The unit of the debt must renew the loan contract with the lender, and the lender has the right to recover the debt from the borrower
or the borrower’s receiver at any time before the contract is signed.

 

(7)
The borrower’s order of repayment to the lender is limited to the borrower’s borrowings and is no less favorable than
the borrower’s similar debt to other creditors. The borrower shall not return the amount owed to the borrower’s shareholders
until the balance of the principal and interest of the loan and the related expenses are settled after the commencement of this
contract.

 

(8) The borrower to distribute dividends to shareholders, dividends agreed: _____________________

 

(According
to the actual needs of the business one)

 

A,
the net profit after tax in the relevant fiscal year is zero or negative, or the after-tax profit is not sufficient to cover the
accumulated loss in the previous fiscal year, or the bedtime profit is not used to settle the borrower’s remuneration at
the end of the year Gold, interest and expense or pre-tax is not sufficient to liquidate the next principal, interest and expense
is that the borrower does not distribute dividends or dividends to shareholders in any form.

 

B,
from the principal and interest into the contract to the principal and interest under the contract and the relevant costs before
the settlement is completed, the borrower is not easy to distribute dividends to shareholders, dividends.

 

C,
The dividend bonus shall not be exceeded by the borrower until the borrower’s profit after tax shall not exceed the profit
of the borrower’s profit before the liquidation of the principal-denominated contract to the principal and interest of the
loan under the contract and the related expenses.

 

D,
the net profit after tax in the relevant fiscal year is zero or negative, or the after-tax profit is insufficient to cover the
accumulated loss in the previous fiscal year, or the pre-tax profit is not used to settle the principal amount payable by the
borrower in the fiscal year, Interest and expenses or pre-tax profits are not sufficient to cover the next principal, interest
and expense, the borrower does not distribute dividends or dividends to shareholders in any form. And the dividends and dividends
distributed to the shareholders when the dividends and dividends are distributed to the shareholders in accordance with the provisions
of this paragraph shall not exceed the borrower’s ______% of the after-tax.

 

(9)
The borrower does not dispose of its own assets in a manner that reduces its solvency and promises that the total amount of its
external guarantees is not several times its own net assets and that the sum of the external guarantees and the amount of the
individual guarantees does not exceed the amount of the articles The borrower agrees not to use the assets in the form of borrowings
under this contract to provide guarantees to third parties or to provide loans to borrowers in other financial institutions.

 

    	 

    	 

    

 

(10)
Loan conditions for loans under this contract, the terms of the loan provided by the borrower to the lender, the loan interest
rate pricing, the order of repayment, etc., is lower than what is present or future to any other financial institution.

 

(11)
Bear the costs incurred by the contract and the performance of the contract, and the lender to achieve the contract under the
debt and the amount of fees payable, including but not limited to litigation or arbitration fees, property preservation fees,
lawyers’ fees, Evaluation fees, auction fees, publicity fees.

 

(12)Account
management

 

A,
the borrower re-lenders designated to open a repayment account (the ninth scheduled account) for the special funds to return account
for the collection of corresponding sales revenue or planned repayment funds. If the corresponding sales income is settled in
cash, the borrower shall ensure that the funds are withdrawn in time after receiving the payment.

 

B,
the lender has the right to supervise the capital return account, including but not limited to the account of the funds and expenditure
to understand and monitor the situation, the borrower should cooperate. If the lender requests, the borrower should sign a special
account supervision agreement with the lender.

 

(I3) other matters that the borrower undertakes: _____________________

 

Article
13 Disclosure of the internal relationship between the borrower and the borrower

 

[  ]
1, the borrower does not belong to the lender based on “commercial bank group customer credit business risk management guidelines”
(referred to as “guidelines”) to determine the group of customers.

 

[  ]
2, the borrower belongs to the lender based on the “guidelines” to determine the group of customers. The borrower
shall promptly report to the lender the relevant connected transaction.

 

[  ]
3, the borrower and related parties major mergers, acquisitions, reorganization and other matters, obviously or may affect the
lender loan security situation.

 

Article
14 Default Events and Disposal

 

1.
One of the following and the composition or deemed to be a breach of contract by the borrower:

 

(1)
The borrower fails to perform the payment and settlement obligation to the lender in accordance with the contract;

 

(2)
The borrower fails to use the loan funds or fails to use the funds obtained for the purposes agreed in this contract in accordance
with the agreed terms of this contract; or the borrower fails to pay the withdrawal procedures on time according to the withdrawal
plan, and the change of the withdrawal plan is not approved by the lender; Or the borrower in violation of the provisions
of this contract, has zero way to avoid lenders entrusted to pay;

 

    	 

    	 

    

 

(3)
The borrower has made a false statement in this contract or has breached its commitment in this contract;

 

(4)
In the case of Article 11 (2) (2) of this Contract, the Lender considers that it may affect the property status and performance
of the Borrower or the Guarantor, and the Borrower does not provide a new guarantee in accordance with the contract , Change the
guarantor;

 

(5)
The borrower has incurred a breach of contract under the other contract of the lender; the breach occurred under the credit contract
between the borrower and the other amount institution;

 

(6)
The guarantor violates the contract of the security contract or has committed a breach of contract with the other contractor;

 

(7)
The borrower terminates its business or has dissolved, withdrawn or bankruptcy;

 

(8)
The borrower is involved or may be involved in major economic disputes, litigation, arbitration, or its assets being seized, seized
or enforced. Or by the judicial organs or taxation, industry and commerce and other administrative organs to investigate and punish
the case according to law or have to take the punishment measures, has or may affect its obligations under this contract;

 

(9)
The main investor of the borrower, the abnormal change of the key management personnel, the disappearance or investigation by
the judicial organ or the restriction of personal freedom, has or may affect the performance of his obligations under this contract;

 

(10)
The borrower’s credit situation is reduced, or the borrower’s profitability, solvency and cash flow and other financial
indicators deteriorate, break through the contract agreement or other financial constraints;

 

(11)
The borrower uses the false contract between the borrower and the related party, the amount of the transaction without the actual
transaction background to take the lender’s money or credit, the major party mergers, acquisitions, reorganization or so
obvious or may affect the bag lender loan security, or Through the associated transaction intentionally fled the loan creditor
‘s rights;

 

(12)
The borrower has or may have affected its obligations under this contract in violation of the relevant laws and regulations, regulatory
requirements or industry standards for food safety, safety production, environmental protection and other relevant laws and regulations;

 

(13)
If the borrowings under this contract are issued by credit, the credit rating of the borrower, the profit level, the asset-liability
ratio, the net cash flow of the operating activities and other indicators do not meet the conditions of the credit of the lender;
or the borrower Agree to, with its effective operating assets to others to set the arrival or pledge guarantee or external guarantee,
has or may affect its obligations under this contract to fulfill;

 

    	 

    	 

    

 

(14)
Other circumstances that may cause the lender to be adversely affected by the realization of the creditor’s rights under
this contract.

 

2.
The existence of the provisions of the preceding paragraph of the breach of contract, the lender has the right to, as appropriate,
respectively, or at the same time to take the following measures;

 

(1)
Requires the borrower, the guarantor to correct their defaults within a time limit.

 

(2)
All, part of the reduction, suspension or termination of the lender’s credit line.

 

(3)
All, partially discontinued or terminated accepting the business application of the borrower under the other contract between
the borrower and the lender; for all outstanding loans, all, partial suspension or termination of payment, payment and handling
The

 

(4)
The borrower fails to withdraw the payment process on time according to the withdrawal plan. If the change plan is not approved
by the lender, the number of liquidated damages will be paid to the lender in accordance with the number of liquidated damages
and the number of days of default.

 

(5)
The loan principal and interest and other payables that have not been repaid under this contract, the borrower and other contract
between the borrower and the lender shall immediately expire in whole or in part.

 

(6)
To negotiate with the borrower to supplement the loan payment and payment conditions, or the lender has the right to change the
loan terms and conditions of payment according to the credit status of the borrower, such as reducing the amount of the entrusted
payment starting point, or the lender has the right to request to return the loan Wait.

 

(7)
Termination or termination of this contract, all, partial termination or cancellation of other contracts between the borrower
and the lender.

 

(8)
Requires the borrower to compensate for the breach of contract caused by the loss to the lender.

 

(9)
Only in advance or after the notice, the borrower in the lender to open the account of the amount of money deducted to pay the
borrower in this contract to the lender to all or part of the debt. Undue payments in the account are deemed to be due in advance.

 

(10)
Exercise the security interests; require the guarantor to assume the guarantee responsibility.

 

(11)
The borrower has the right to repay the loan principal, interest (including penalty interest and compound interest) or other payables
on time, and the lender has the right to make a public announcement through the media or other forms.

 

    	 

    	 

    

 

(12)
Other measures deemed necessary and possible by the lender.

 

3.
The lender did not provide loans to the lender in accordance with this contract, should be based on liquidated damages and the
number of days of breach of contract, the number of days to pay the borrower.

 

Article
15 Rights Reservation

 

If
the party does not form part or all of the rights under this contract, or does not require the other party to perform, bear part
or all of the obligations, the responsibility does not constitute the two sides to give up the right or the obligation, the responsibility
of the exemption.

 

The
right of any party to the other party to tolerate, extend or delay the exercise of the rights under this contract shall not affect
its rights under this contract and laws and regulations and shall not be deemed to be the right Contracts and laws and regulations,
nor is it deemed to be a waiver of that right.

 

Article
16 Confidentiality

 

Article
17 The parties shall ensure the confidentiality of the trade secrets (technical information, business information and other
trade secrets) obtained by the other party and which can not be obtained from the open channels. The other party shall not divulge
all or part of the trade secret to any third party without the consent of the original provider of the trade secret. Except as
otherwise provided by laws or regulations or where there is agreement between the parties.

 

If
a party violates the above-mentioned obligation of confidentiality, it shall bear the corresponding liability for breach of contract
and compensate for the resulting loss.

 

Article
18 Force Majeure

 

The
force majeure referred to in this contract refers to objective events that can not be predicted, can not be overcome, can not
be avoided and have a significant impact on one party, including but not limited to natural disasters such as floods, earthquakes,
fires and storms, and social events such as war, The

 

In
the event that the contract can not be performed due to the occurrence of the force majeure event, the party in case of force
majeure shall immediately inform the other party of the accident in writing and shall provide written information in detail within
a few days and the written information that the contract can not be fulfilled or which needs to be deferred. Negotiate the termination
of the contract or temporarily delay the performance of the contract.

 

Article
19 Changes and Restrictions

 

This
contract may be changed or modified in writing by both parties, and any changes or modifications constitute an integral part of
this contract.

 

Except
as otherwise provided by laws and regulations or otherwise agreed by the parties, this contract shall not be terminated until
all rights and obligations under its obligations have been fulfilled.

 

    	 

    	 

    

 

The
invalidity of any provision of this contract shall not affect the legal effect of other provisions unless otherwise provided by
laws or regulations or otherwise agreed by the parties.

 

Article
20 Applicable laws and disputes shall be settled

 

This
contract is governed by the laws of the People’s Republic of China.

 

Any
dispute arising from the conclusion or performance of this contract or the contract shall be settled by negotiation. In case of
no negotiation, either party may take the following way to solve the problem.

 

1,
The President’s committee shall be submitted to the President’s committee for arbitration in accordance with the
effective arbitration rules of the committee when applying for arbitration.

 

2,
The people’s court which has jurisdiction over the place of the lender shall be prosecuted.

 

If
the dispute does not affect the performance of other provisions of this contract during the dispute, the other provisions shall
continue to be performed.

 

Article
21 Notice

 

1.
All notices under this contract shall be issued in writing, and in case of emergency, the notice shall be made in the form of
oral and telephone, and then written notice shall be issued. Unless otherwise agreed, the parties shall establish the domicile
for communication and contact address. Any change of communication address or other contact information shall be communicated
in writing to the other party.

 

2.
Any party in this contract refuses to sign or receive any other circumstances that cannot be served, and the notice may be served
by means of justice, certificate or notice.

 

Article
22 attachment

 

The
following additional annexes and other annexes confirmed by both parties constitute an integral part of this contract and have
the same legal effect as this contract.

 

Attachment
1:

 

Attachment
2:

 

Attachment
3:

 

Attachment
4:

 

Annex
5:

 

Article
23 other provisions

 

1,
Without the written consent of the lender, the borrower shall not transfer any rights and obligations hereunder to a third party.

 

    	 

    	 

    

 

2,
Without prejudice to the other provisions of this contract, the contract shall be legally binding on both parties and their respective
successors and recipients according to law.

 

3,
The transaction under this contract shall be conducted on the basis of respective independent interests. If relevant laws, regulations
and regulatory requirements are under way, all parties involved in the transaction constitute a related party or associate of
the lender, and all parties shall not seek to use such association to influence the fairness of the transaction.

 

4,
The title box business name of this contract shall be used for convenience only, and shall not be used to explain the content
of the clause and the rights and obligations of the parties concerned.

 

5,
the lender shall have the right to according to the relevant laws and regulations, regulations on other information related to
this contract and the borrower to provide relevant information to the people’s bank of China credit reporting systems and
other information database established in accordance with the law, for organizations or individuals with appropriate qualifications
query and use in accordance with the law. The lender also has the right to enter into and perform the contract for the purposes
of this contract, and to check the relevant information of the borrower through the credit information system of the people’s
bank of China and other credit information databases established according to law.

 

Other matters agreed upon by the parties: _________________________________

 

Article
23 the contract shall come into force

 

The
contract shall come into force upon the signature and seal of the legal representative of both parties.

 

This
contract is in duplicate, with each party holding one copy, each of which is equally authentic.

 

Signature
or seal of the parties; the parties to the loan shall have full consultation on all the terms and conditions of this contract.
The lender has drawn the full and accurate understanding of the terms and conditions of the rights and obligations of the parties
concerned, and the borrower has requested an explanation and explanation of the relevant provisions. The borrower has carefully
read and fully understood all the terms and conditions of the contract. The borrower and the borrower have fully understood the
terms of the contract and have no objection to the contents of the contract.

 

Borrower:
Jiangxi Fuzhiyuan Biological Technology Co., Ltd.

 

Legal
representative or authorized agent (seal): qiu peng

 

March
30, 2017

 

Lender (official seal):_________________________________

 

Legal
representative or authorized agent (seal):

 

March
30, 2017

 

Location:Serial
number:15092156-2015year(wan’an)word0011number

 

Fixed
assets loan contract

 

(The
2012 edition)

 

Special
Note: this contract is both lenders and borrowers in equality law negotiated on a voluntary basis, all contract terms are the
true meaning. To protect legal rights of borrowers and attention of the borrower by the lender on the rights and obligations of
the parties concerned all of the terms, in particular the black body part to be full attention.

 

    	 	 	 

    	 

    

 

	

Lender: the industrial and commercial
bank of China co., LTD.

Wanan branches

	 
	Principal:Yongjun
    Lai              Contact:Yongguang Gu
	 
	Residence(address):NO.363
    five cloud road furong town of wan’an county, Jiangxi province
	 
	Postcode:343800
	 
	Telephone:0796-5701530
    Fax:0796-5701526 Email:                     
	 
	Borrower:
    JIANGXI FUZHIYUAN BIOLOGICAL TECHNOLOGY CO.,LTD
	 
	Legal
    representative: Peng QIU        Contact: Peng Qiu
	 
	Residence(address):Industrial
    park,wan’an Jiangxi, china
	 
	Postcode:343800
	 
	Telephone:0796-2060899
    Fax:0796-2060766 Email:                   

 

Borrowers
and lenders through equal consultation, agree on matters relating to lenders to make loans to borrowers, conclude this contract

 

    	 	 	 

    	 

    

 

The
first part The basic agreement

 

Article
1 Borrowing purposes

 

Purpose
under this contract as follows: the annual output of 600 tons of tea polyphenol project spending, without the written consent
of the lender, the borrower shall not be borrowing purposes, and the lender has the right to supervise over the use of money.

 

Article2
Borrowing amount and time limit

 

2.1
Borrowings denominated in RMB under this contract, the amount of 15 million yuan

 

2.2
Borrowings under this contract for a period of five years, since the actual withdrawal date (drawing, since the first withdrawal
date), the actual date of withdrawal is subject to ious.

 

Article3
Interest rates, interest and fees

 

3.1
[ RMB loan interest rate mode ]

 

The
RMB loan interest rates according to the_____ way to determine the following:

 

(1)
fixed interest rate, annual interest rate for _____%, interest rates unchanged for the period of validity of the contract.

 

(2)
loan interest rates in the benchmark interest rate and floating rate, the benchmark interest rate of 4.75% (withdrawal date /
contract date) and Article 2.2 of the agreed loan period corresponding to the grade of the people’s Bank of Chinese benchmark
lending rate, the floating range (up / fall / zero) 5%. After the Borrower to make withdrawals, loan interest rates to 12 (1/3/6/12)
months for a period of one an adjustment, segmented interest. The second day of the interest rate for the full withdrawal date
corresponds to a date later, if the adjustment of the month in the presence of the withdrawal date corresponds to the date, places
the last day of the month to the corresponding day of each other and so on. The borrower tick withdrawals, loan interest rate
adjustments A following ways:

 

A,
a period of no matter several times in the period of withdrawal, interest rates determine the date determined by the current loan
interest rate, and at the same time adjustment in the next period.

 

B,
borrowing rates are determined and adjusted for each withdrawal.

 

(3)
each loan interest rate benchmark interest rate to float to determine the magnitude, the benchmark interest rate for each loan
issued on the previous working day the National Interbank Funding Center announced the         
(year / month) base rate loans (LPR), the floating range         (up / down / zero)
or (add / minus / zero)         basis points (a point 0.01%). According to the following
ways adjustment of each loan withdrawal after borrowing rates:

 

    	 	 	 

    	 

    

 

A,
to                         
(1/3/6/12) for a period of months, an adjustment of a segmented interest. The second and any subsequent interest rate is determined
each day on the corresponding date of each loan after a full withdrawal of lenders base rate loans and floating the previous working
day by day nationwide inter-bank lending centers published in the preceding period the magnitude of the borrowing rate is adjusted,
adjustment date and in case of withdrawal date corresponds to the month does not exist, the last day of the month corresponding
to date. Such as interest rate before a working day National Inter-bank lending center unpublished lending base rate corresponding
period, places the national inter-bank lending center and then on a working day announced the base rate loans prevail, and so
on.

 

 

 

B,
not adjusted throughout the loan period.

 

(4) Other:                                                                                           

 

3.2
[ foreign currency loan interest rate]

 

Foreign
currency loan interest rate according to the following paragraph                       
established:

 

 (1)
a fixed interest rate, the annual interest rate is           %, the validity
period of the contract interest rate unchanged.

 

(2)
floating interest rates, loan interest rate based on -month           
(LIBOR/HIBOR) as the benchmark rate plus basis points (namely0.01%) spreads determined. Add spreads within the period of the contract
remains unchanged. The borrower after the withdrawal, follow            
way to adjust the benchmark interest rate, interest segments:

 

A,
to              (1/3/6/12) for a period of months, a period
of adjustment. Second benchmark interest rate adjustment date of withdrawal over a period of days, if there are no withdrawal
date of the month corresponding to the date corresponding to the last day of the month-day, other issues and so on.

 

    	 	 	 

    	 

    

 

B,
on the first day of each interest period to adjust the benchmark interest rate.

 

(3)
Other:                                                                                           

 

3.3
hereunder loan from actual withdrawal date daily interest on a monthly basis (month / quarter / half year) interest settlement.
Loan maturity, interest with this clear. Wherein the daily interest rate = annual interest rate / 360.

 

3.4
hereunder overdue penalty interest rates subject to 30% sure, misappropriation of loans subject to penalty interest rates of 50%
in the original loan interest rate is determined on the basis of the original loan interest rate basis.

 

3.5
In addition to interest, the Borrower shall pay a commitment fee to the lender. Loan commitment fees by the stipulated amount
of the second and the borrower has to mention the difference between the amount (within the billing cycle average daily balance)
and          ‰ annual rate, payable following the ways;

 

(1)
Tian in the billing cycle full day one-time payment to the lender.

 

(2)
After the commencement of this contract, each (monthly / quarterly / half year) on the 20th, graded payment to the lender until
the billing cycle Tian full day.

 

Accounting
cycle refers to between the contract date to fourth at the end of a loan agreement on the term extraction.

 

The
commitment fee paid by the sub, if the borrower fails to pay commitment fee, the lender shall have the right to stop issuing loans
or cancel all or part of the borrower fails to withdraw funds.

 

    	 	 	 

    	 

    

 

Article
4 withdrawals

 

4.1
The borrower should be based on the actual needs of borrowers with funds, withdrawals following the (2) ways;

 

(1)
before         day            month
           year one-time clearance section;

 

(2)
Since the effective date of the contract until June 30, 2016 of one or more clear borrowing;

 

(3)
At the following times installments withdrawals, the borrower needs to change according to the time
or money withdrawals with progress payments, to be agreed by the lender, but the borrower no later than the day of         ,
the premise clear borrowings.

 

	Withdrawal
    time	Withdrawal
    Amount
	 	 
	 	 
	 	 

 

4.2
The borrower is not in accordance with the agreed withdrawal, the lender is entitled to cancel some or all of the borrower is
not extracted.

 

Article5
repayment

 

5.1
The Borrower shall repay the loan in accordance with the following repayment schedule (when more content, separate sheet):

 

	Repayment schedule time	 	Plan the repayment amount (million)	 
	 June 30.2017	 	 	100	 
	December30.2017	 	 	100	 
	June 30.2018	 	 	100	 
	December30.2018	 	 	200	 
	June 30.2019	 	 	200	 
	 December30.2019	 	 	200	 
	June 30.2020	 	 	300	 
	November9.2020	 	 	300	 

 

	 
	 

 

    	 	 	 

    	 

    

 

5.2
Under this contract the borrower following circumstances, the Borrower shall immediately repay the loan after the corresponding
funds, thus leading to early repayment, the borrower need not pay compensation:

 

	 
	 

 

5.3
In addition to the 5.2 contract conditions, prepayment, the lender shall pay compensation, compensation plan according to the
following criteria: * prepayment amount remaining loan term (months) *%, less than one month remaining months loan and calculated
as a month.

 

Article6
circulating loan special agreement (selective borrowing terms, this article [  ] use – [  ] not
applicable)

 

The
borrower may           (six months / one year / two / three / four /
five years) is a (unit known about the period of borrowing) , recycling borrowings under this contract. After completing the necessary
formalities, the former principal of a loan unit, the unit can continue to use in the next period of borrowings, but withdrawals
of any amount shall not exceed the daily average maturity of the loan period preceding the expiration of the second day.

 

Article7
guarantee

 

7.1
under this contract for loan guarantee (credit / loan guarantee).

 

7.2
loan under this contract for loan guarantees, guarantee contract signed separate matters see. The relevant guarantee for maximum
security, corresponding to the maximum amount of guarantee contract are as follows:

 

    	 	 	 

    	 

    

 

The
name of the maximum guarantee contract: contract of mortgage of maximum amount (number: 15092156-2015 million (against) No. 0031)

 

Guarantee:

 

	 
	 

 

Article
8 financial covenants (selective terms, this article [  ] use [  ] not applicable)

 

Within
the validity period of the contract, the borrower shall comply with the following financial indicators:

 

Article
9 Dispute Resolution

 

Dispute
under this contract for the solution

 

(1)
 submit the dispute to (2) an arbitration committee, according to the arbitration rules will be valid
when you submit the application for arbitration, the arbitration (arbitration) locations. The arbitration award shall be final
line of two-up and binding. 

 

(2)
resolved in the court where the lender through litigation.

 

Article
10 other

 

10.1
this contract in four minutes, borrowers, lenders, wanan County Bureau of land and resources, real estate, Wan Council hold one
copy, have the same legal effect.

 

10.2
the following attachments and other accessories by mutual recognition undivided part of this contract, this contract shall have
the same legal effect;

 

    	 	 	 

    	 

    

 

	Additional
    1: 	Notice
    of Withdrawal (format) 
	Additional
    2: 	Principal
    payment agreement 
	Additional
    3:	 

 

Article
11 Other matters agreed by the parties

 

1,
the project may not flow into loans to invest in stocks, futures and other securities in any manner, directly or indirectly, for
real estate development and investment equity share capital, it shall not be used for investment in areas prohibited by the state
and other uses relevant laws and regulations prohibited or restricted, without the written consent of the lender, the borrower
recognize without changing the use of the loans.

 

2,
without the written consent of the lender, not the borrower of foreign new financing and external new financing and external provide
any form of surety.

 

3,
the borrower voluntarily loan bank to open a margin account (username: rich source of Jiangxi Biotechnology Co., Ltd. Account
Number: 1509215641000001915, Bank: ICBC Wanan Branch), and stored in people currency 748,000 yuan (uppercase: SEVEN shop Wan Baqian
dollars) as interest on interest margin financing business under the terms of this contract (i.e. principal debt) (including
interest, compound interest, default interest, etc.) to provide collateral security. If the borrower fails to time and in full
accordance with the contract to repay the interest on the loan, the lender is entitled to realization of the right quality, deduct
the appropriate amount of funds from deposit accounts to pay for interest on borrowings. And when the principal debt maturity
(including early maturity), such as loan principal, interest and other payables were not settled, under this contract, the lender
is also entitled to exercise the right quality.

 

    	 	 	 

    	 

    

 

The
second part the specific provisions

 

Article
1 Interest rates and interest rates

 

1.1
in foreign currency loans, LIBOR for drawing on or before the date of the benchmark interest rate adjustment of two bank working
days (London time at 11:00) Reuters (REUTRES) showed that the financial and telecommunications terminal “LRBO=” page
of this contract under the terms of the loan currency counterparts offered rate; HIBOR for drawing on or before the date
of the two benchmark interest rate adjustment a banking day (Hong Kong time 11:15) Reuters (REUTRES) showed that the financial
telecommunications terminal “LRBO=” page in the Hong Kong dollar interbank interest rate.

 

1.2
monthly loan interest rates, interest settlement date for the last month of each quarter of 20 days; at half yearly interest,
JieXi day each year in June 20th and December 20th.

 

1.3
The first interest period from the actual withdrawal until the date of the first settlement date; the last one is the interest
period from the end of a period of interest; the other end of the period of interest to the next interest settlement date.

 

1.4
loan under this contract by a floating interest rate, overdue loans after the interest rate adjustment rule is still in accordance
with the original implementation.

 

1.5In
the case of people Chinese bank loan interest rate adjusted to determine and apply to the loan under this contract, is in accordance
with the relevant provisions of China people bank for loans that no longer notice borrowers.

 

1.6
the contract determine borrowing rates as published by the people’s Bank of China the benchmark lending rate or base rate
loans released by the national interbank funding Center (LPR) floating a certain percentage of the Executive, the lender is entitled
to reassess the preferential interest rates of borrowers, in accordance with national policies, Changes in credit status of the
borrower and loan guarantee and so on, decide for themselves all or part cancel the preferential interest rates given to the borrower
and timely notice to the borrower.

 

    	 	 	 

    	 

    

 

Article2
Loan disbursement and payment

 

2.1
the borrower to extract loans must meet the prerequisite for the withdrawal of the present contract, or else have no obligation
to make any payments to the borrower by the lender, the lender except with the consent of leading lenders;

 

2.2
withdrawal precondition

 

(1)
lending has national authorities approval, approval or for the record, (according to relevant regulations,
loans issued without prior obtaining the appropriate approval, approval or for the record);

 

(2)
project capital fund or other funding already provided in the time and in full;

 

(3)
in addition to credit, but borrowers have mortgages were asked to provide security and have completed the relevant security procedures;

 

(4)
 notice of withdrawal under this contract to the lender.

 

(5)
submitted other documents required by the lender.

 

2.3
before each drawing, the borrower in addition to the conditions before the draw for the first time outside, shall also meet the
above prerequisites;

 

(1)
staging project funding in place, capital proportionally to those in place in the current period;

 

(2)
absence of cost overruns or cost overruns have raised addressed;

 

(3)
has been completed as planned progress, actual project progress to match the investment;

 

(4)
without the contract signed with the lenders under the other contract breach;

 

(5)provides
proof of borrowing materials consistent with the purposes stipulated.

 

    	 	 	 

    	 

    

 

2.4
when borrowers draw the original written documents shall be provided by the lender; not accompanied by the original, consent of
the lender can provide a stamped copy of the seal of the borrower

 

2.5
borrowers to apply for a withdrawal must be at least 5 banking days in advance notice of withdrawal to the lender. Once the notice
of withdrawal is submitted, without the written consent of the lender does not undo.

 

2.6
after approval of the borrower by the lender withdrawals, the lender will loan designated into the borrower’s account, is
considered the lender has disbursed loans to the borrower in accordance with this agreement.

 

2.7
according to the relevant oversight and management requirements of the lender, loans above a certain amount or subject to certain
conditions, should be entrusted with the means of payment by the lender, according to the borrower by the lender of the money
withdrawal application and pay delegate, will borrow funds to meet the payment of contractual stipulation. To this end, the borrower
should separate paid sign an agency agreement with the lender as an annex to the contract, and lenders opened or a special account
designated to handle the commissioned payments.

 

Article
3 Repayment

 

3.1
The borrower shall repay the loan in full according to the principal, interest and other payables as stipulated in this
contract. In the repayment date and each JieXi day before a banking day, the borrower shall in its lenders to open accounts in
full repayment period of principal and interest payable, other payables, the lender has the right to draw in the active repayment
or interest settlement date, or require the borrower to cooperate with relevant payment procedures. If the repayment account money
is not enough to pay all the money due the borrower, the lender shall have the right to decide the payment order is.

 

    	 	 	 

    	 

    

 

3.2
the borrower to apply for early repayment of all or part of the loan, the bank should be ahead of 10 working days to submit a
written application to the lender, with the consent of the lender, and in accordance with the standards stipulated in the contract
to pay compensation to the lender.

 

3.3
with the consent of the lender repayment, the borrower shall pay to the early repayment at the same time to early repayment date,
according to the contract, the principal of the loan interest payable and other payments.

 

3.4
for the early repayment of the borrower or Lender under this contract to recover the loan ahead of time cause the actual loan
period is shortened, the corresponding interest rates are not adjusted, is still in the original loan interest rate.

 

Article4
cycle borrowing

 

4.1
loan under this contract can be recycled, the first unit loan period starting date for the first time drawing, second single loan
period starting date for the first time on a full withdrawal period after the date of the corresponding day, if a unit starting
month loan period does not exist and the first day corresponding to the withdrawal, the last day of the month for the corresponding
day and so on. The unit loan period is confirmed, without the consent of the lender, shall not be adjusted.

 

4.2The
first units of loan period after each unit period of borrowing loan balances should be less than a loan period if the balance
of each unit, the maturity of the loan, the borrower should repay the loan according to the agreed repayment plan. Each unit of
the loan period should not use the loan.

 

4.3
RMB circulation loan floating interest rates, the benchmark interest rate in accordance with the corresponding period of the grade
unit of the people’s Bank of China benchmark lending rates determined.

 

    	 	 	 

    	 

    

 

Article
5 Guarantee

 

5.1 In addition to credit the borrower, the borrower should fulfill the legitimate and effective
guarantee to provide the lender approved obligations under this contract for. Guarantee contracts signed separately.

 

5.2Collateral damage occurs at Contract depreciation, property disputes, seizure or seizure, or
attempt to dispose of the collateral mortgagor or guarantor to ensure the security of the financial situation Unfavorable changes
or other changes is not conducive to the lender claims occur, the borrower shall promptly notify the lender, and other security
separately provided by lenders approved.

 

5.3 Under Contract receivables loans to provide collateral security, during the term of the contract,
the following circumstances, the lender is entitled to declare early maturity loan, require the borrower immediately repay part
or all of the loan principal and interest, or additional lenders approved legal, valid, full guarantee:

 

(1)
Accounts receivable pledgor two consecutive monthly increase in accounts receivable bad debt rate payer;

 

(2) Accounts receivable pledgor to the payer has been
due to uncollected accounts receivable more than 5% of the payer’s accounts receivable balances;

 

(3) the pledgor and receivables or other third-party payer produce trade disputes (including, but
not limited to quality, technology, service disputes) or debt disputes, resulting in accounts receivable may not be paid in due
time.

 

Article
6 Insurance

 

6.1 The borrower should be based on requirements of the lender, the borrower will be associated
with the project equipment, construction risks, cargo transport and construction projects as well as during operations in the
lender-approved insurance companies, insurance and term insurance should be consistent with the loan person’s request, the
amount of insurance required to cover credit risk.

 

    	 	 	 

    	 

    

 

6.2
During the term of the contract, the Borrower shall not, for any reason interruption insurance. Interruption such as insurance,
the lender has the right to renew or on behalf of the insured, the cost borne by the borrower. If the borrowers and related parties
on substantive policy changes or early termination shall be 30 days notify the lender and the lender agree to consent in advance,
otherwise the borrower to the lender due to interruption or termination of the insurance, the policy correcting for losses Take
responsibility.

 

6.3
insurance policies should be noted, when the dangerous condition of the loan repayment priority as people (first beneficiary),
the insurer will pay the insurance money should be directed to the lender. Insurance should not have any provisions limiting the
lender’s interests.

 

6.4
Borrower shall know or should know the date of the insured accident within three days notify the lender in writing and
timely claim to the insurance company in accordance with the relevant provisions of the insurance contract. Insurance damages
or compensation applied to the early repayment of borrowings under this item occlusal surface, or the consent of the lender for
the value of the project to restore, or credit lender designated account as a deposit to guarantee borrowers in debt under this
contract is fulfilled.

 

Article
7 Representations and Warranties borrower makes the following representations and warranties to the lender, the representations
and warranties remain in effect during the term of the contract:

 

7.1
Borrowings and loans matters comply with legal requirements;

 

7.2
with the borrower qualification according to the law, It has the qualifications and ability to enter into and perform this contract.

 

7.3
signing of this contract has received all the necessary authorization or approval and conclude and implement the provisions of
this contract does not violate our constitution and relevant laws and regulations, and other obligations under the contract shall
be borne by Zhuo no conflict.

 

    	 	 	 

    	 

    

 

7.4 Other debt payable have been paid on time, no bank loan principal and interest arrears malicious
behavior.

 

7.5 has a sound organizational structure and financial management system, a major violation of discipline
behavior does not occur in the last year of production and operation of the process, the current senior management without any
significant adverse record.

 

7.6
All documents and information provided to the lender are true, accurate, complete and valid, false records, misleading statements
or material omissions does not exist.

 

7.7 available to financial reports the lender is the basis of Chinese accounting standards, the
true, fair and complete reflection of the borrower’s operations and liabilities, and since the most recent financial report
as of its date, the financial position of the borrower is not any material adverse changes.

 

7.8 not hide litigation, arbitration or claims event to which they relate to the lender.

 

Article 8 the Borrower commitment

 

8.1 Other uses extracted according to the term of this contract and the purpose and use of the borrower,
the loan term does not flow into the stock market in any way, the futures market as well as relevant laws and regulations prohibited
or restricted.

 

8.2 repay the loan principal, interest and other payables in accordance with this Contract.

 

8.3 Accept and actively cooperate with the lender to account analysis, inspection certificate, site
investigation and other ways, including the use of borrowed funds, including the use of inspection and supervision, in accordance
with the lenders require periodic summary report of the use of loan funds.

 

    	 	 	 

    	 

    

 

8.4 accepting credit check lenders to provide financial and accounting information and other information
Balance Sheet, Income Statement and other reflects the solvency of the borrower in accordance with the requirements of the lender,
the lender to assist and cooperate with the investigation of their production operations and financial situation, understanding
and supervision.

 

8.5 Under this contract the borrower to pay off the principal and interest and other payables before,
no distribution of dividends and bonus in any form.

 

8.6 merger, capital reduction, changes in ownership, significant assets and transfer of claims,
when up to major foreign investment, a substantial increase in debt financing and other rights and interests likely to adversely
affect the lender’s prior written consent or the consent of the lender on achieve lender claims made by the lender to make
satisfactory arrangements before proceeding.

 

8.7
One of the following circumstances, promptly notify the Lender:

 

(1) the articles of association, business scope, registered capital, the legal representative of
change;

 

(2) out of business, dissolution, liquidation, business for rectification, revocation of business
license revoked or application (applied for) bankruptcy;

 

(3) involves or could involve major economic disputes, litigation, arbitration, or property seized
by law, regulation or detention;

 

(4) the shareholders, directors and senior management of the incumbent or suspected cases of major
economic disputes.

 

8.8
timely, comprehensive and accurate disclosure of related party relationships and related party transactions to the lender.

 

    	 	 	 

    	 

    

 

8.9 of timely receipt of notices mailed or served on the lender otherwise.

 

8.10 is not to reduce the solvency of disposal of own assets; without the consent of the lender
agrees not to use under this contract to the borrower’s assets, provide guarantees to third parties.

 

8.11 If the borrower Department issuing credit manner under this contract, complete, truthful and
accurate report regularly to the external guarantee to the lender, and the lender in accordance with the requirements of the regulatory
agreement entered into account. And guarantees provided may affect its obligations under this contract to fulfill, subject to
the written consent of the lender.

 

8.12 supports the participation of three lenders calculate loan project (budget, budget and final
accounts) review matters relating to the project tendering and project completion and acceptance.

 

8.13 bear lender for enforcing the claim arising under the contract costs, including but not limited
to attorney’s fees, assessment fees, auction fees.

 

Liquidation order 8.14 of debt under the contract takes precedence over the borrower’s debt
to its shareholders, and with similar debt the borrower’s other creditors in at least an equal footing.

 

8.15
strengthen environmental and social risk management, and to accept the lender’s supervision and inspection. As lenders require,
environmental and social risks report submitted to the lender.

 

Article
9 lender commitments

 

9.1 extending the loan to the borrower in accordance with the contract.

 

Non-public information and confidentiality of information 9.2 pairs provided by the borrower, except
as otherwise provided in laws and regulations and this contract have agreed otherwise.

 

    	 	 	 

    	 

    

 

Article 10 Breach

 

10.1 occurrence of the following circumstances, constitute a breach of the borrower:

 

(1) the borrower fails to repay the loan principal and interest under this contract and other payables
accordance with the contract, or perform any other obligation under this contract, or the breach in Chen Shu under this contract,
guarantee or commitment;

 

(2) under this contract is not favorable for the lender’s debt guarantee occurred, the borrower
is not otherwise provide other guarantees lenders approved of;

 

(3) the borrower any other debt maturity (including pre-announced maturity) after failure to repay,
or non-performance or breach of other obligations under the agreement have been or may affect the fulfillment of its obligations
under this contract;

  

(4)
the borrower’s profitability, solvency, operating capacity and cash flow and other financial indicators breakthrough agreed
standards, or deterioration occurred already or may affect its performance of its obligations under this contract;

 

(5) the borrower ownership structure significant adverse changes in production and management, foreign
investment, have been or may affect its performance of its obligations under this contract;

 

(6) the borrower involves or could involve major economic disputes, litigation, arbitration, or
assets being seized, seizure or enforcement, or judicial or administrative authorities for investigation or to take punitive measures
according to the law according to the law, or because of violation of state regulations or policies by the media exposure, have
been or are likely to affect the fulfillment of its obligations under this contract;

 

(7) the borrower principal individual investors, key management personnel abnormal changes, missing
or judicial investigation or restriction of personal freedom according to law, have been or are likely to affect the fulfillment
of its obligations under this contract;

 

    	 	 	 

    	 

    

 

(8) the use of the borrower and false contracts between related parties, the transaction without
the use of actual transaction of cash in the background lender funding or grant Or through related party transactions intentional
evasion of the lender claims;

 

(9) the borrower has been or may go out of business, dissolution, liquidation, business for rectification,
revocation of business license is revoked or application (the application) bankruptcy;

 

(10) the borrower for violation of food safety, workplace safety, environmental protection and other
laws related to environmental and social risk management regulations, regulatory requirements or industry standards caused by
accidents, major environmental and social risk events, have been or may affect its obligations under this contract in fulfillment
of;

 

(12) that failure to progress past the base construction project, or project construction and operation
environment, material adverse changes in conditions occur;

 

(13) credit, such as loans were disbursed under this contract, the borrower’s credit rating
, profitability, asset-liability ratio, net operating cash flow, and other activity indicators do not meet the lender credit conditions,
or the borrower without the written consent of the lender, setting its effective operating assets to others arrived / hypothecation
or provide external guarantee, have been or are likely to affect the fulfillment of its obligations under this contract;

 

(14) may Other circumstances cause lenders to achieve debt under this Contract adversely affected.

 

10.2
borrower defaults, the lender is entitled to take one or more of the following measures:

 

(1) require the borrower to cure the default limit limit;

 

(2) stop under other contract between the contract and the borrower and the lender to the borrower
person issuing loans and other financing payments, cancel some or all of the borrower undrawn loans and other financing payments;

 

    	 	 	 

    	 

    

 

(3) declare the contract between the lender and the borrower and other contract outstanding borrowings
and other financing payments immediately period, the immediate recovery of outstanding amounts;

 

(4) require the borrower to pay damages for its breach of contract due to the lender;

 

(5) laws and regulations, this contract or the lender consider other measures necessary.

 

10.3 loans due (including being declared due immediately) Borrower fails to repay about, the lender
is entitled from the date of overdue under this contract be collected overdue penalty interest rate penalty. When pressed on the
interest payments of borrowers, according to recover overdue penalty interest rate gauge interest.

 

10.4
Borrower fails to pay when the contract agreed purpose use of the loan, the lender is entitled to borrow from the date of the
date misappropriated, diverted part of the appropriation under this contract total income borrowers penalty interest rate penalty,
the borrower fails to be diverted during the interest, penalty interest rates by borrowing misappropriation of total income penalty.

 

10.5 borrower simultaneously circumstances listed in Article 10.3, 10.4, above, choosing the severe
penalty interest rate is determined, can not impose.

 

10.6 borrower fails to repay the loan principal, interest (including penalty interest and compound
interest) or other payables, the lender is entitled to make an announcement through the media collection.

 

Controlling a relationship between the control related parties 10.7 borrower with the borrower or
changes in, or associated borrower has arisen in addition to the above-mentioned Article 10.1 (1), other than the case
of (2) two, has or may affect, the lender the right to take measures in this contract borrower’s obligations under this
contract to fulfill.

 

Article
11 deducted

 

11.1 borrower fails to repay under this contract in accordance with the agreement (including declared
due immediately) debt, the lender is entitled to from the borrower or the lender opened in other branches of Industrial and Commercial
Bank of China All of the foreign currency accounts deduct the corresponding amount for repayment until the borrower all debts
under this contract is all repaid so far.

 

    	 	 	 

    	 

    

 

11.2 inconsistent deduct payments and the currency of the contract, according to Japanese lenders
deduct the applicable exchange rate for conversion. Interest and other charges incurred during deducted to pay off date (the Lender
in accordance with national foreign exchange management policy will deduct the money converted into currency contracts and the
actual settlement date of debt under this contract), and during this period due to exchange rate fluctuations the difference shall
be borne by the borrower.

 

11.3 lenders deduct the amount insufficient to pay off all debts of the borrower, the lender the
right to decide the liquidation order.

 

Article
12 the rights and obligations of the assignor

 

12.1 lender is entitled to its rights under this contract in part or all transferred to third parties,
and the transfer without the consent of the lender’s borrower agree. Without the written consent of the lender, the borrower
shall not transfer any of its rights and obligations under this Contract.

 

12.2 lender or China Industrial and Commercial Bank of China Limited ( “ICBC”) may authorize
or entrust ICBC branches to fulfill other rights and obligations under this contract, or loan under this contract claims under
the Industrial and Commercial Bank of China according to management needs other branch offices to undertake and manage the borrower
expressed approval, the lender above acts without further consent of the borrower agreed to undertake the lender Industrial and
Commercial Bank rights and obligations of the other branches is entitled to exercise all rights under the contract, the right
to on disputes under this contract to the courts in the name of the agency, arbitration or for enforcement.

 

    	 	 	 

    	 

    

 

Article
13 Entry into Force, modify, and cancel

 

13.1 Contract shall take effect from the date of signing to the Borrower’s obligations under
this Contract fulfillment date of completion of all termination.

 

13.2 shall be by consensus of the parties to this contract and any changes to be made in writing.
Or change the terms of the agreement forms part of this contract, and this contract has the same legal effect. In addition to
changing some, the rest of this contract is still valid, take effect before the change part of the original provisions remain
in effect.

 

13.3 modify, and cancel the contract, without prejudice to the parties the right to claim damages.
Terminate this contract does not affect the effectiveness of the dispute settlement provisions and there is.

 

Article
14 Applicable Law and Dispute Resolution to enter into this contract, its validity, interpretation, performance and dispute
settlement laws of the People’s Republic of China. Where arising out of this contract or relating to this contract disputes
and disputes, both parties should be resolved through consultation, the consultation fails to resolve this contract agreed manner.

 

Article
15 complete contract first part of this contract “basic agreement” and the second part of “specific provisions”
together form a complete “fixed assets loan contract,” the same word in two parts have the same meaning. This loan
borrowers pen bound together by the above-mentioned two parts.

 

Article
16 notification

 

16.1 all notifications under this contract shall be in written form. Unless otherwise agreed, the
domicile of the parties specify the contract as set out in communication and contact addresses. Any mailing address, or other
contact information changes, shall be notified in writing to each other.

 

    	 	 	 

    	 

    

 

16.2
any party refuses to sign a contract or other circumstances undeliverable occur, take notice before a notary public announcement
or be served.

 

Article17
Other

 

17.1 lenders to exercise or partial exercise or delay in exercising any right under this contract,
this does not constitute a waiver of rights or other rights or change does not affect the further exercise of that right or other
rights.

 

Invalidate any contract clause 17.2 or unenforceable, does not affect the validity and enforceability
of any other provision hereof, nor affect the validity of the entire contract.

 

17.3 lenders have the right to have the basis and requirements or financial regulatory authorities
of laws and regulations. The borrower information and other information related to this contract provides to the Chinese People’s
Bank credit system and other credit information database established by law for institutions or individuals suitably qualified
to query and use. Lenders also have the right to fulfill the purposes of the conclusion of the contract, the borrower’s
query information by China People’s Bank credit system and other credit information database established by law.

 

“Enterprise Accounting Standards No. 36” related party “of the contract 17.4,”
Related Party Relationships, “” related party transactions “,” principal individual investors, ““
key management personnel “and other words and promulgated by the Ministry of Finance - — related Party disclosures
“(Accounting [2006] No. 3, and thereafter the same words have the same meaning in the revised guidelines.

 

17.5 of the contract of environmental and social risk refers to borrowers and related parties is
important in building , production, hazards and risks associated with operating activities may bring to the environment and society,
including energy consumption, pollution, land, health, safety, resettlement, ecological protection, climate change and other related
environmental and social issues.

 

17.6 loans people make based on their business rules under this contract on the loan documents and
vouchers reservations, constitute valid evidence to prove the relationship between lenders and borrowers debt claims, is binding
on the borrower.

 

17.7 in this agreement, (1) a reference to this We shall contract should include modifications or
additions to this contract; (2) the terms of reference only title does not pose any explanation of the contract, and the content
of the heading. Scope and does not constitute any restriction; (3) withdrawal date, the repayment date for non-banking day, will
be postponed to the next banking day.

 

    	 	 	 

    	 

    

 

Both
sides confirmed: both lenders and borrowers on all terms of this contract have been carried out in full consultation. Lenders
have been brought to the borrower pay special attention to all the provisions relating to the rights and obligations of both parties,
for their comprehensive and accurate understanding of, and should the borrower has requested an explanation and description of
the relevant provisions. Borrowers have carefully read and fully understood all the terms of the contract (including the first
part of the “basic agreement” and the second part of “specific provisions”), both lenders and borrowers
understand the terms of this contract is exactly the same, no objection to the content of the contract.

 

Lenders
(stamp):

 

    	 	 	 

    	 

    

 

The
responsible person / authorized agent:

 

Borrower
(stamp):

 

Legal
representative / authorized agent:

 

Contract
signing date: October 30, 2015

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