Document:

ex10-12.htm

    
      

    

    EXHIBIT
10.12

    

    Contract
of mortgage of maximum amount

    

    No.
: 2008002

    

    

    Mortgagee:
Nanchang Branch,
Industrial Bank Co., Ltd.

     

    Head:
Zheng
Zhiming

     

    Domicile:
119 Dieshan Road,
Nanchang City

     

    Post
Code: 330003

     

    Telex:____________

     

    Contact
Number: 0791-6887086

     

    Fax:____________

     

    

    Mortgager:
Guixi Yixin Copper
Co., Ltd.

     

    Legal
Representative: Hu
Shihong

     

    Domicile:
Guixi Industrial
Zone

     

    Post
Code: 335400

     

    Telex:____________

     

    Contact
Number: 0701-2528999

     

    Fax:
0701-3338888

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Signing
location:_________________________

    In order
to ensure the settlement of the debts successively arising within particular
period between the mortgagee ( referred to as the “creditor”) and the debtor
Guixi Yixin Copper
Co., Ltd., the mortgager is voluntary to provide guarantee to the
mortgagee by its own property. Both parties hereof establish the contract after
negotiation in accordance with provisions of applicable laws.

     

    Article
1 Definition and interpretation

    Otherwise
indicated in the contract, or:

    (1)
“Claims between the mortgagee and the mortgager” include the claims (including
principal, interest, penalty rate, compound interest, penalty, damage indemnity
and expense for the mortgager’s realization of claims, etc.) formed relating to
the financing operations such as local and foreign currency borrowing, loan,
trade financing (application for letter of credit, trust receipt, packing loan,
export bill purchase, export collection bill purchased and import documentary
credit), acceptance, discount, bills repurchase and guarantee,
etc.)

    (2)
“Mortgage value period of validity” is an uninterrupted successive period fixed
expressly by both parities involving in the contract to specify the claim period
of mortgage and guarantee. During the proposed period, any claim arising,
irrespective of whether single liability of the creditor exceeds the period, the
mortgager promises to bear the obligation of mortgage and guarantee for all debt
balances under the maximum mortgage principal limit through the guaranty
hereof.

    (3)
“Principal” means the debt principal caused when the debtor transacting the
business, which includes but not limited to the principal of local or foreign
currency borrowings, principal of trade financing, amount of bank acceptances,
amount of bill discount, advances arising under letter of credits and debt
principal led to guarantee obligation under the mortgager’s guarantee to the
debtor, etc.), but excludes guarantee deposit, deposit bills or national debts
provided by the creditor or third person to guarantee corresponding claim
principal and discount of bank acceptances or credit balance impawned
hereby.

    (4)
“Mortgage maximum principal limit” means the maximum principal amount fixed
expressly by both signing parties in order to clarify the scope of the claim
under mortgage and guarantee. Under the principal limit, regardless the times of
the credits appearing between the mortgagee and the debtor, the mortgager will
bear the guarantee obligation for overall credit balance hereof (including the
principal, interest, penalty rate, compound interest, penalty, damage indemnity
and expenses for the mortgager’s realization of claims, etc.).

    (5)
“Expenses for the mortgager’s realization of claim” includes but no limited to
lawsuit cost, arbitration expense, property preservation expense, execution
application cost, attorney fee, handling fee, announcement expense, evaluation
expense, identification expense, auction fee, realization expense, guaranty
disposal fee, transfer fee, communication fee and travel expense,
etc.

    (6) The
mortgagee practices balance control to the credit of the debtor. The balance
means the debt balance sum of the debtor to the mortgagee within the period of
validity of mortgage and guarantee, which comprises the two parts, namely, the
unexpired balance and the due unpaid balance as follows:

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    1. The
unexpired balance means various to-be-paid debts formed when the debt
performance term is not expired yet.

    2. The
due unpaid balance means the entire debt balance unsettled by the debtor and the
mortgager when the debt performance term is expired.

    (7) “Main
contract” means the contract singed by the mortgagee and the debtor, within the
period of validity of the mortgage rate, to detail amount of each debt, debt
performance period and other rights and obligates, and the credit and debt
contract of mortgage guarantee at maximum amount which existed before
establishing the maximum amount hypothec and carried forward upon the approval
of the mortgager.

    

    Article
2 The credit under mortgage guarantee

    The
credit under mortgage guarantee of the contract is all claims incurred, under
the mortgage maximum principal limit, between the mortgagee and the debtor
within the Mortgage value period of validity.

    The
following credits, existing prior to the establishment of the maximum amount
hypothec, are approved by the mortgager to be carried forward into the credit
scope of mortgage guarantee at maximum specified in the contract.

    

    Article
3 Mortgage value period of validity

    (1) The
mortgage value period of validity is from June 26, 2008 to May 27,
2009.

    (2)
Otherwise indicated in the contract, the occurrence date of the debts guaranteed
by the guaranty shall be within the mortgage value period of validity. The date
of expiration of each debt is allowed to exceed the date of expiration of the
mortgage value period of validity, which means no matter unit debt of the debtor
exceeds the date of expiration of the mortgage value period of validity or not,
the mortgager promises to bear the obligation of mortgage and guarantee for all
debt balances under the maximum mortgage principal limit through the guaranty
hereof.

    

    Article
4 Mortgage maximum principal limit

    i. In the
contract, the mortgage maximum principal limit applies the currency of _RMB______, with an
amount (in word) of _five million yuan
only.

    ii. In
the mortgage maximum principal limit, irrespective of the time and each amount
of the credits between the mortgagee and the debtor, the obligation of mortgage
guarantee covers all credit balances under the mortgage maximum principal limit
(including the principal, interest, penalty rate, compound interest, penalty,
damage indemnity and expenses for the mortgager’s realization of claims,
etc.).

    

    Article
5 Guaranty

    The
mortgager is voluntary to set the mortgage by land. See the Guaranty List (Annex) for details of the
guaranty. The efficacy of the guaranty covers the accessory items of the
guaranty from right, subrogation right, attachments, mixtures, processed items
and yields.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    During
the duration of the mortgage, the efficacy of the hypothec covers the yields
generated by the guaranty (including natural yields separated from the guaranty
and legal yields that can be received by mortgager upon the
guaranty.

    

    Article
6 Guarantee scope

    The
guarantee scope of mortgage covers all credit balances arising within the
mortgage valve period of validity and under the mortgage maximum principal limit
( including but not limited to the principal, interest, penalty rate, compound
interest, penalty, damage indemnity and expenses for the mortgager’s realization
of claims, etc.).

    The
credits of the mortgage guarantee at maximum amount which existed before
establishing the maximum amount hypothec and carried forward into the contract
upon the approval of the mortgager.

    Regardless
of various guarantees (including mortgage, hypothecation and warranty) under the
items of the main contract, the mortgage shall guarantee for the debt above by
all guaranties hereof. In case that the mortgage registration authority requires
to make the guaranty guarantee partial debts of the main contract, the
requisition has no legal efficacy to the mortgager and the mortgagee and will
not be deemed as modification to the agreed scope of mortgage guarantee in the
contract.

    

    Article
7 Mortgage period

    (i) The
hypothec exists simultaneously with the debt under guarantee. The hypothec is
eliminated only after the s the debt is settled.

    (ii)
Under the requisition of the mortgage registration authority, the mortgage
period is registered from June 26, 2008 to May 27, 2009. When the mortgage
period expires but the debtor does not clear the debt:

    
      	
              1.

            	
              The
      hypothec possessed by the mortgagee according to laws in unchanged;
      and

            

    

    
      	
              2.

            	
              The
      mortgager shall complete the registration procedures for continued
      mortgage.

            

    

    

    Article
8 Occupation of guaranty

    1. The
mortgaged property under the contract should be occupied and preserved by
mortgager, and the mortgager agrees to receive the inspection on mortgaged
property from mortgagee at any time.

    2. The
mortgager should keep, maintain and protect the mortgaged property well, and
adopt effective measures to guarantee the safety and integrity of the mortgaged
property. If the mortgaged property is needed to be repaired, the mortgager
should immediately repair it, and bear the expense incurred.

    3. During
the mortgage period, the mortgagee is entitled to levy and occupy the yields of
guaranty.

    

    Article
9 Insurance of guaranty

    
      	
              1.

            	
              Before
      the guaranty is delivered to the mortgagee by mortgager, if the
      guaranty is required to be insured by mortgagee, the guaranty should be in
      full insurance according to the insurance type required by
      mortgagee.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              2.

            	
              In
      the period of validity for the contract, mortgager should keep the
      insurance continuity. If the mortgager discontinues the insurance, the
      mortgagee has the right to continue insurance, and the related expenses
      will be paid by mortgager, and mortgager will take full responsibility for
      all losses due to discontinued
insurance.

            

    

    
      	
              3.

            	
              Mortgagee
      is the first beneficiary for the insurance of guaranty. If the insurance
      compensation is not enough for the settlement of the guaranty mortgage
      loan at maximum amount, the mortgagee will have the right of recourse
      against the debtor.

            

    

    

    Article
10 Mortgage registration

    
       

      
      

    

    
      
        	
                1.    
      Within  1 working days
      after signing the contract, mortgager should transact the mortgage
      registration procedures in related authority along with the contract in
      accordance with Property
      Law of the People's Republic of China and Guarantee Law of the People's
      Republic of China.

              
	
                2.    
      After the registration procedure for mortgaged property is transacted by
      mortgager, the related registration documents will be occupied by
      mortgagee.

              

      

      
        	
                3.    
      The mortgager will transact the mortgage registration at maximum amount
      for guaranty, which is effective for each debt in the maximum amount, and
      the mortgager will not transact the mortgage registration procedure one by
      one, except as otherwise stipulated by two Parties or mortgage
      registration department.

              
	
                4.    
      If the guaranty yield is needed to transact the mortgage registration
      procedure, the mortgager should transact the mortgage registration
      procedure for the guaranty yield
well.

              

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

     

    Article
11 Expenses

    All the
expenses under the contract (including but not limited to mortgage registration
fee, contract survey’s fee, and the expenses for insurance, transportation,
storage, keeping, evaluation, maintenance and punishment of the mortgage
property,) will be assumed by mortgager, except as otherwise stipulated by
contracting parties.

    

    Article
12 Realization of hypothec

    
      	
              1.
      If one of the following circumstances occurs, the mortgagee will be
      authorized to directly dispose the guaranty by the mortgager (including
      but not limited to guaranty discount or direct auction, and guaranty
      sales), and the obtained money will be used to pay for the
      debts.

            

    

    (1) The
debtor does not pay off the mortgaged debts according to the main contract
(including the interest on principal for debts which is declared to come to end
because of the violation of debtor and mortgager):

    (2) The
value of guaranty is reduced or will be reduced due to the factors like market
changes;

    (3) The
operation condition of the debtor becomes seriously worse, and the debtor loses
the business honor or has the possibility or probably looses the
performance ability, the mortgagee is needed to collect the mortgaged debts
in advance;

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (4) Other
situations that the mortgagee has right to dispose the guaranty in accordance
with the laws and regulations or the contract.

    
      	
               2.
      If there are more than two mortgagers, the mortgagee will have right to
      dispose any or each mortgager’s guaranty when implementing the
      hypothec.

            

    

    

    
      	
              Article
      13 Statement and promise of the
mortgager

            

    

    
      	
              1.

            	
              Mortgager
      is a legal entity, legally registered and established and validly
      existing, and has legal guarantor qualification and is capable of settling
      debts, which is voluntary to assume and carry out the guarantee
      liability.

            

    

    
      	
              2.

            	
              The
      mortgager has been already approved by the governing units such as upper
      authority or company’s board of directors to sign the contract, and has
      obtained all necessary
authorizations.

            

    

    
      	
              3.

            	
              The
      mortgager signs and implements the contract, not violating any provision
      or agreement which has restraining force to the assets, not violating any
      guarantee agreement and other agreements signed by mortgager and other
      people, and not violating any other document, agreement and promise
      contents which have restraining force to
  mortgager.

            

    

    
      	
              4.

            	
              The
      mortgager will provide all exact, true, complete and valid documents,
      data, reports and vouchers to the mortgagee, and will receive mortgagee’s
      inspection and supervision on the business activities and financial
      conditions.

            

    

    
      	
              5.

            	
              Leasing,
      mortgage, pledge or other right limitations are not settled for the
      guaranty, and the currency for guaranty is not limited by law and the
      agreement. The property, which is not in accordance with the law or the
      agreement having restraining force to the mortgager, can not be circulated
      or is limited to be circulated.

            

    

    
      	
              6.

            	
              Mortgager
      has complete ownership for the guaranty. If the guaranty belongs to joint
      property, the joint owners have already agreed the mortgage at maximum
      amount under the contract in written, and the mortgager shall take full
      legal responsibilities caused by the right disputes of the
      guaranty.

            

    

    
      	
              7.

            	
              The mortgager clearly knows the
      business scope and the limits to authorization of the
      debtor.

            

    

    
      	
              8.

            	
              The
      mortgager has already recognized all the items of the contract fully, and
      has paid more attention to the items in boldface of the contract. The
      mortgagee has provided necessary interpretations to the articles of the
      contract on the require of mortgager, and the mortgager has already knew
      and fully understood the definitions of the contract items and the
      corresponding legal consequences, and is voluntary to provide guaranty
      mortgage for the main contract’s debtor and carry out the joint settlement
      liability in accordance with the
contract.

            

    

    
      	
              9.

            	
              If
      the event of causing the guaranty value reduced occurs, such as market
      change, and natural disaster etc, the mortgager will immediately notify
      the mortgagee in written within 3 days after the happening of the event.
      If the mortgager does not notify the mortgagee in time, the mortgagee will
      have right to require the mortgager to assume the responsibility of breach
      to contract.

            

    

    
      	
              10.

            	
              Mortgager
      has the right to claim repayment from the debtor on the basis of not
      affecting the further debts repayment of the debtor after implementing the
      mortgage liability. However, if the debtor simultaneously faces repayment
      from mortgager and any payment requirement from the mortgagee under the
      contract, the mortgager will agree the debtor to pay mortgagee’s debts
      preferentially.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
    

    
      	
              11.

            	
              If
      the debtor and the mortgager has already signed or will sign the
      counter-guarantee agreement on the guarantee obligations under the
      contract, the counter-guarantee agreement should not damage any right
      enjoyed by the mortgagee under the contract legally or
      actually.

            

    

    
      	
              12.

            	
              If
      the mortgaged property is lost or it’s value is obviously reduced, which
      is caused by natural disaster, accident, violation or other situations,
      the mortgager should immediately adopt measures to prevent the loss from
      further enlargement, and in time notify the mortgagee in
      written.

            

    

    
      	
              13.

            	
              Before
      completing the settlement of mortgaged debts, if the guaranty value is
      obviously reduced, the mortgager will adopt effective measures to make up
      the guaranty value or provide new full-amount and effective mortgage
      according to mortgagee’s
requirement.

            

    

    
      	
              14.

            	
              Before
      completing the settlement of mortgaged debts, the mortgager shall ensure
      to keep, use and maintain the guaranty well, and will ensure not to
      dispose the guaranty in the manner of renting, lending, re-mortgaging,
      pledge, and sales without the agreement from the
  mortgagee.

            

    

    
      	
              15.

            	
              When
      the main debtor does not carry out the debts legally, no matter whether
      the mortgagee has other mortgages on the debts under the main contract
      (including but not limited to guarantee, mortgage, pledge, letter of
      guarantee, standby and any other assure means), the mortgager will take
      full security liabilities.

            

    

    

    Article
14 Mortgagee’s rights

    
      	
              1.

            	
              Mortgagee
      has right to require the mortgager to provide the financial report,
      financial statement and other data reflecting the business circumstance
      and credit circumstance at any
time.

            

    

    
      	
              2.

            	
              If
      there are more than two mortgagers, the mortgagee has right to dispose any
      or each mortgager’s guaranty when implementing the
    hypothec.

            

    

    
      	
              3.

            	
              When
      the main debtor does not carry out the debts legally, no matter whether
      the mortgagee has other mortgages on the debts under the main contract
      (including but not limited to guarantee, mortgage, pledge, letter of
      guarantee, standby and any other assure means), mortgagee shall have right
      to directly require the mortgager to take full security liabilities under
      the mortgage contract, and is not needed to firstly carry out other
      guarantee rights.

            
	
              4.
 	Before
      confirming the obligatory right mortgaged and guaranteed at maximum
      amount, the mortgager has right to transfer partial or full obligatory
      rights and the corresponding hypothec without the prior consent of
      mortgager. 

    

    
    

    

    Article
15 Alteration of main contract under mortgage

    The
mortgager confirms that the alteration of main contract agreed by the mortgagee
and debtor is regarded as having obtained prior consent with mortgager without
notification of the mortgager, and the liability to guarantee for the mortgager
shall not be reduced thereby.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Article
16 Liability for breach of contract

    In case
that the mortgager violates any term herein, the mortgagee reserves the right to
adopt one or several measures listed below:

    
      	
              (1)

            	
              Request
      the mortgager to correct contract violation in a limited
      period;

            

    

    
      	
              (2)

            	
              Request
      the mortgager to provide new, sufficient and effective
      guarantee;

            

    

    
      	
              (3)

            	
              Withdraw
      partial or all guaranteed liabilities in advance, process the guaranty and
      settle the guaranteed liabilities with the
  proceeds;

            

    

    
      	
              (4)

            	
              Request
      the mortgager to compensate for
losses;

            

    

    
      	
              (5)

            	
              Deduct
      payment from any account of the mortgager and pay the mortgager indemnity
      and other expenses due.

            

    

    

    Article
17 Independence of warrantor’s obligations

    
      	
              (1)

            	
              The
      mortgager guarantees that the debtor performs all obligations stipulated
      in the main contract, and in case of any violation of terms of the main
      contract (including but not limited to the usage of liability fund by the
      debtor not in accordance with the term of the main contract), the
      performance of guarantee obligations under the contract conducted by the
      mortgager shall not be affected.

            

    

    
      	
              (2)

            	
              The
      obligations of the mortgager under the contract is independent and not be
      affected by relationship between any party of the contract and a third
      party, unless otherwise agreed
herein.

            

    

    

    Article
18 Governing, applicable law and dispute settlement

    
      	
              (1)

            	
              The
      laws of the People's Republic of China apply to the conclusion, validity,
      interpretation, performance and dispute settlement under the
      contract.

            

    

    
      	
              (2)

            	
              Any
      dispute or controversy incurring in the
      performance of the contract or relevant to the contract shall be settled
      through negotiation; in case that negotiation fails, it shall be settled
      according to 1
      method:

            

    

    
      	
               

            	
              
                1 
      File a lawsuit to the people’s court in the location of the
      mortgagee.

              

            

    

    
      	
               

            	
              
                2 
      Submit to arbitration
      committee (arbitration place: ____)
      for arbitration, which shall be conducted in accordance with the existing
      effective arbitration provisions. The arbitration ruling is final and
      binding on all parties.

              

            

    

    
      	
               

            	
              
                3 
      Other methods:

              

            

    

     

    Article
19 Notice

    
      	
              (1)

            	
              Any
      notice or communication under the mortgage contract shall be delivered to
      the other party in writing as the communication address recorded on the
      cover the contract.

            

    

    
      	
              (2)

            	
              Any
      alteration of the communication address of any party of the contract shall
      be notified to the other party within 3 days after the date of alteration,
      otherwise the party shall undertake all legal
  consequences.

            

    

    
      	
              (3)

            	
              Any
      notice or communication delivered as the aforesaid address shall be
      regarded as being delivered on the following
  date:

            

    

    
      	
               

            	
              
                1 
      The fifth working day upon the delivery of registration in case of
      letter;

              

            

    

    
      	
               

            	
              
                2 
      The date on which the other party receives, confirms and feeds it
      back in case of telex;

              

            

    

    
      	
               

            	
              
                3 
      The date on which the addressee signs in in case of special-purpose
      delivery by
      a worker.

              

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
    

    (4)  
In case that any alteration of the mortgager name, legal representative, address
and other matters is not notified to the mortgagee in writing, that the
mortgagee delivers all notices or documents to the mortgager per the materials
recorded in the contract shall be regarded having delivered.

    

    Article
20 Execution of the contract and miscellaneous

    
      	
              (1)

            	
              The
      contract shall go into effect upon signing or sealing of both
      parties.

            

    

    
      	
              (2)

            	
              In
      accordance with rules and regulations in China, in case of any mortgage in
      need of registration under the contract, the mortgager shall handle
      legitimate registration procedure in conjunction with the mortgagee
      immediately upon signing the
contract.

            

    

    
      	
              (3)

            	
              During
      the effectiveness of the contract, any tolerance, grace, preference or
      delayed execution of the rights and interests under the contract offered
      by the mortgagee to the debtor and warrantor shall not harm, affect or
      limit all rights and interests enjoyed by the mortgagee in accordance with
      relevant laws, stipulations of administrative rules and regulations, and
      terms of the contract, shall not be regarded as abandonment of any right
      and interest of the mortgagee under the contract, and shall not affect any
      obligation of the mortgager under the
contract.

            

    

    
      	
              (4)

            	
              Annexes
      herein are the integral part of the contract and shall have the same legal
      effect as the text of the contract.

            

    

    
      	
              (5)

            	
              “Working
      day” in the contract refers to the business day of the bank. During
      execution of the contract, in case of a certain withdrawal or payment date
      is a non-business day, it shall apply to the next business
      day.

            

    

    
      	
              (6)

            	
              The
      contract shall terminate upon liquidation of all liabilities guaranteed
      under the contract. Upon termination of the contract, the mortgagee shall
      return the ownership certificate of the guaranty in store to the
      mortgager.

            

    

    
      	
              (7)

            	
              During
      the period agreed in Article 3 (1) of the contract, any contract,
      agreement and other legal documents signed for the formation of
      debtor-creditor relationship of the mortgagee and debtor, if not confirmed
      in relevant contract, agreement and other legal document for the usage of
      guaranty mortgage herein, shall be deemed as guaranty mortgage for the
      contract.

            

    

    
      	
              (8)

            	
              The
      contract original is made in three copies
      held by the mortgagee, mortgager and the registration department
      respectively with equal legal
force.

            

    

    

    

    

    

    

    

    

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    

    Article
21 Supplementary provision

    
      	
              Mortgagee
      (official seal):

               

              Industrial
      Bank Co., Ltd. Nanchang Branch

               

               

              Head
      or authorized agent (seal): Zheng Zhiming

               

               

              Date:

            
	
              Mortgager
      (official seal): Guixi Yixin Copper Co., Ltd.

               

               

               

              Legal
      representative or authorized agent (seal): Hu Shihong

               

               

              Date:

            
	
              Registration
      department (official seal):

               

               

               

              Head
      (seal):

               

               

              Date:

               

            

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    

    Annex 1
:

    Uner the
No.____________ Mortgage Contract at Maximum Amount:

    

    Guaranty
List (Real Estate)

    

    
      	
              Guaranty
      name

            	 
      
	
              Owner

            	
              Guixi
      Yixin Copper Co., Ltd.

            
	
              User

            	 
      
	
              Type

            	 
      	
              Service
      life

            	 
      
	
              Domicile

            	 
      
	
              Metes
      and bounds

            	
              East

            	 
      	
              West

            	 
      
	
              South

            	 
      	
              North

            	 
      
	
              Floor
      area

              (square
      meter)

            	
              46904.52m2

            	
              Building
      area

              (square
      meter)

            	 
      
	
              Structure

            	 
      	
              Floor
      number

            	 
      	
              Level

            	 
      
	
              Construction
      cost (RMB Yuan)

            	 
      	
              Present
      value (RMB Yuan)

            	
              93.809
      thousand Yuan

            
	
              Property
      certificate number

            	 
      
	
              Issuing
      authority

            	
              Housing
      Administrative Bureau of Guixi City

            
	
              Issuing
      date

            	 
      
	
              Insurance
      type

            	 
      

    

    

    Mortgager
(seal): Guixi Yixin Copper Co., Ltd.

    

    Mortgagee
(official seal): Industrial Bank Co., Ltd. Nanchang Branch

    

    Bank
operator (signature):

    

                            Filling date:
_____________

    

    

    

    

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
              000160/09953
      BFLODOCS 2383776v1ex10-13.htm

    
      

    

    EXHIBIT
10.13

    Contract
of mortgage of maximum amount

    

    No.
: 2008003

    

    

    Mortgagee:
Nanchang Branch,
Industrial Bank Co., Ltd.

     

    Head:
Zheng
Zhiming

     

    Domicile:
119 Dieshan Road,
Nanchang City

     

    Post
Code: 330003

     

    Telex:
_____________

     

    Contact
Number: 0791-6887086

     

    Fax:
_____________

     

    

    Mortgager:
Guixi Yixin Copper
Co., Ltd.

     

    Legal
Representative: Hu
Shihong

     

    Domicile:
Guixi Industrial
Zone

     

    Post
Code: 335400

     

    Telex:
_______________

     

    Contact
Number: 0701-2528999

     

    Fax:
0701-33388888

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Signing
location:_________________________

    In order
to ensure the settlement of the debts successively arising within particular
period between the mortgagee ( referred to as the “creditor”) and the debtor
Guixi Yixin Copper
Co., Ltd., the mortgager is voluntary to provide guarantee to the
mortgagee by its own property. Both parties hereof establish the contract after
negotiation in accordance with provisions of applicable laws.

     

    Article
1 Definition and interpretation

    Otherwise
indicated in the contract, or:

    (1)
“Claims between the mortgagee and the mortgager” include the claims (including
principal, interest, penalty rate, compound interest, penalty, damage indemnity
and expense for the mortgager’s realization of claims, etc.) formed relating to
the financing operations such as local and foreign currency borrowing, loan,
trade financing (application for letter of credit, trust receipt, packing loan,
export bill purchase, export collection bill purchased and import documentary
credit), acceptance, discount, bills repurchase and guarantee,
etc.)

    (2)
“Mortgage value period of validity” is an uninterrupted successive period fixed
expressly by both parities involving in the contract to specify the claim period
of mortgage and guarantee. During the proposed period, any claim arising,
irrespective of whether single liability of the creditor exceeds the period, the
mortgager promises to bear the obligation of mortgage and guarantee for all debt
balances under the maximum mortgage principal limit through the guaranty
hereof.

    (3)
“Principal” means the debt principal caused when the debtor transacting the
business, which includes but not limited to the principal of local or foreign
currency borrowings, principal of trade financing, amount of bank acceptances,
amount of bill discount, advances arising under letter of credits and debt
principal led to guarantee obligation under the mortgager’s guarantee to the
debtor, etc.), but excludes guarantee deposit, deposit bills or national debts
provided by the creditor or third person to guarantee corresponding claim
principal and discount of bank acceptances or credit balance impawned
hereby.

    (4)
“Mortgage maximum principal limit” means the maximum principal amount fixed
expressly by both signing parties in order to clarify the scope of the claim
under mortgage and guarantee. Under the principal limit, regardless the times of
the credits appearing between the mortgagee and the debtor, the mortgager will
bear the guarantee obligation for overall credit balance hereof (including the
principal, interest, penalty rate, compound interest, penalty, damage indemnity
and expenses for the mortgager’s realization of claims, etc.).

    (5)
“Expenses for the mortgager’s realization of claim” includes but no limited to
lawsuit cost, arbitration expense, property preservation expense, execution
application cost, attorney fee, handling fee, announcement expense, evaluation
expense, identification expense, auction fee, realization expense, guaranty
disposal fee, transfer fee, communication fee and travel expense,
etc.

    (6) The
mortgagee practices balance control to the credit of the debtor. The balance
means the debt balance sum of the debtor to the mortgagee within the period of
validity of mortgage and guarantee, which comprises the two parts, namely, the
unexpired balance and the due unpaid balance as follows:

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    1. The
unexpired balance means various to-be-paid debts formed when the debt
performance term is not expired yet.

    2. The
due unpaid balance means the entire debt balance unsettled by the debtor and the
mortgager when the debt performance term is expired.

    (7) “Main
contract” means the contract singed by the mortgagee and the debtor, within the
period of validity of the mortgage rate, to detail amount of each debt, debt
performance period and other rights and obligates, and the credit and debt
contract of mortgage guarantee at maximum amount which existed before
establishing the maximum amount hypothec and carried forward upon the approval
of the mortgager.

    

    Article
2 The credit under mortgage guarantee

    The
credit under mortgage guarantee of the contract is all claims incurred, under
the mortgage maximum principal limit, between the mortgagee and the debtor
within the Mortgage value period of validity.

    The
following credits, existing prior to the establishment of the maximum amount
hypothec, are approved by the mortgager to be carried forward into the credit
scope of mortgage guarantee at maximum specified in the contract.

    

    Article
3 Mortgage value period of validity

    (1) The
mortgage value period of validity is from June 26, 2008 to May 27,
2009.

    (2)
Otherwise indicated in the contract, the occurrence date of the debts guaranteed
by the guaranty shall be within the mortgage value period of validity. The date
of expiration of each debt is allowed to exceed the date of expiration of the
mortgage value period of validity, which means no matter unit debt of the debtor
exceeds the date of expiration of the mortgage value period of validity or not,
the mortgager promises to bear the obligation of mortgage and guarantee for all
debt balances under the maximum mortgage principal limit through the guaranty
hereof.

    

    Article
4 Mortgage maximum principal limit

    i. In the
contract, the mortgage maximum principal limit applies the currency of _RMB______, with an
amount (in word) of __ten million yuan
only.

    ii. In
the mortgage maximum principal limit, irrespective of the time and each amount
of the credits between the mortgagee and the debtor, the obligation of mortgage
guarantee covers all credit balances under the mortgage maximum principal limit
(including the principal, interest, penalty rate, compound interest, penalty,
damage indemnity and expenses for the mortgager’s realization of claims,
etc.).

    

    Article
5 Guaranty

    The
mortgager is voluntary to set the mortgage by factory building. See the Guaranty List (Annex) for details of the
guaranty. The efficacy of the guaranty covers the accessory items of the
guaranty from right, subrogation right, attachments, mixtures, processed items
and yields. During the duration of the mortgage, the efficacy of the hypothec
covers the yields generated by the guaranty (including natural yields separated
from the guaranty and legal yields that can be received by mortgager upon the
guaranty.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Article
6 Guarantee scope

    The
guarantee scope of mortgage covers all credit balances arising within the
mortgage valve period of validity and under the mortgage maximum principal limit
( including but not limited to the principal, interest, penalty rate, compound
interest, penalty, damage indemnity and expenses for the mortgager’s realization
of claims, etc.).

    The
credits of the mortgage guarantee at maximum amount which existed before
establishing the maximum amount hypothec and carried forward into the contract
upon the approval of the mortgager.

    Regardless
of various guarantees (including mortgage, hypothecation and warranty) under the
items of the main contract, the mortgage shall guarantee for the debt above by
all guaranties hereof. In case that the mortgage registration authority requires
to make the guaranty guarantee partial debts of the main contract, the
requisition has no legal efficacy to the mortgager and the mortgagee and will
not be deemed as modification to the agreed scope of mortgage guarantee in the
contract.

    

    Article
7 Mortgage period

    (i) The
hypothec exists simultaneously with the debt under guarantee. The hypothec is
eliminated only after the s the debt is settled.

    (ii)
Under the requisition of the mortgage registration authority, the mortgage
period is registered from June 26, 2008 to May 27, 2009. When the mortgage
period expires but the debtor does not clear the debt:

    
      	
              1.

            	
              The
      hypothec possessed by the mortgagee according to laws in unchanged;
      and

            

    

    
      	
              2.

            	
              The
      mortgager shall complete the registration procedures for continued
      mortgage.

            

    

    

    Article
8 Occupation of guaranty

    1.    The
mortgaged property under the contract should be occupied and preserved by
mortgager, and the mortgager agrees to receive the inspection on mortgaged
property from mortgagee at any time.

    2.   
The mortgager should keep, maintain and protect the mortgaged property well, and
adopt effective measures to guarantee the safety and integrity of the mortgaged
property. If the mortgaged property is needed to be repaired, the mortgager
should immediately repair it, and bear the expense incurred.

    3.     During
the mortgage period, the mortgagee is entitled to levy and occupy the yields of
guaranty.

    

    Article
9 Insurance of guaranty

    
      	
              1.

            	
              Before
      the guaranty is delivered to the mortgagee by mortgager, if the
      guaranty is required to be insured by mortgagee, the guaranty should be in
      full insurance according to the insurance type required by
      mortgagee.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              2.

            	
              In
      the period of validity for the contract, mortgager should keep the
      insurance continuity. If the mortgager discontinues the insurance, the
      mortgagee has the right to continue insurance, and the related expenses
      will be paid by mortgager, and mortgager will take full responsibility for
      all losses due to discontinued
insurance.

            

    

    
      	
              3.

            	
              Mortgagee
      is the first beneficiary for the insurance of guaranty. If the insurance
      compensation is not enough for the settlement of the guaranty mortgage
      loan at maximum amount, the mortgagee will have the right of recourse
      against the debtor.

            

    

    

    Article
10 Mortgage registration

    
      
        	
                1.    
      Within  1 working days
      after signing the contract, mortgager should transact the mortgage
      registration procedures in related authority along with the contract in
      accordance with Property
      Law of the People's Republic of China and Guarantee Law of the People's
      Republic of China.

              

      

      
        	
                2.    
      After the registration procedure for mortgaged property is transacted by
      mortgager, the related registration documents will be occupied by
      mortgagee.

              

      

      
        	
                3.    
      The mortgager will transact the mortgage registration at maximum amount
      for guaranty, which is effective for each debt in the maximum amount, and
      the mortgager will not transact the mortgage registration procedure one by
      one, except as otherwise stipulated by two Parties or mortgage
      registration department.

              

      

      
        	
                4.    
      If the guaranty yield is needed to transact the mortgage registration
      procedure, the mortgager should transact the mortgage registration
      procedure for the guaranty yield
well.

              

      

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

     

    All the
expenses under the contract (including but not limited to mortgage registration
fee, contract survey’s fee, and the expenses for insurance, transportation,
storage, keeping, evaluation, maintenance and punishment of the mortgage
property,) will be assumed by mortgager, except as otherwise stipulated by
contracting parties.

    

    Article
12 Realization of hypothec

    
      	
              1.
      If one of the following circumstances occurs, the mortgagee will be
      authorized to directly dispose the guaranty by the mortgager (including
      but not limited to guaranty discount or direct auction, and guaranty
      sales), and the obtained money will be used to pay for the
      debts.

            

    

    (1) The
debtor does not pay off the mortgaged debts according to the main contract
(including the interest on principal for debts which is declared to come to end
because of the violation of debtor and mortgager):

    (2) The
value of guaranty is reduced or will be reduced due to the factors like market
changes;

    (3) The
operation condition of the debtor becomes seriously worse, and the debtor loses
the business honor or has the possibility or probably looses the
performance ability, the mortgagee is needed to collect the mortgaged debts
in advance;

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (4) Other
situations that the mortgagee has right to dispose the guaranty in accordance
with the laws and regulations or the contract.

    
      	
               
      

            	
              2.
      If there are more than two mortgagers, the mortgagee will have right to
      dispose any or each mortgager’s guaranty when implementing the
      hypothec.

            

    

    

    
      	
              Article
      13 Statement and promise of the
mortgager

            

    

    
      	
               
      

            	
              1.

            	
              Mortgager
      is a legal entity, legally registered and established and validly
      existing, and has legal guarantor qualification and is capable of settling
      debts, which is voluntary to assume and carry out the guarantee
      liability.

            

    

    
      	
               
      

            	
              2.

            	
              The
      mortgager has been already approved by the governing units such as upper
      authority or company’s board of directors to sign the contract, and has
      obtained all necessary
authorizations.

            

    

    
      	
               
      

            	
              3.

            	
              The
      mortgager signs and implements the contract, not violating any provision
      or agreement which has restraining force to the assets, not violating any
      guarantee agreement and other agreements signed by mortgager and other
      people, and not violating any other document, agreement and promise
      contents which have restraining force to
  mortgager.

            

    

    
      	
               
      

            	
              4.

            	
              The
      mortgager will provide all exact, true, complete and valid documents,
      data, reports and vouchers to the mortgagee, and will receive mortgagee’s
      inspection and supervision on the business activities and financial
      conditions.

            

    

    
      	
               
      

            	
              5.

            	
              Leasing,
      mortgage, pledge or other right limitations are not settled for the
      guaranty, and the currency for guaranty is not limited by law and the
      agreement. The property, which is not in accordance with the law or the
      agreement having restraining force to the mortgager, can not be circulated
      or is limited to be circulated.

            

    

    
      	
               
      

            	
              6.

            	
              Mortgager
      has complete ownership for the guaranty. If the guaranty belongs to joint
      property, the joint owners have already agreed the mortgage at maximum
      amount under the contract in written, and the mortgager shall take full
      legal responsibilities caused by the right disputes of the
      guaranty.

            

    

    
      	
               
      

            	
              7.

            	
              The mortgager clearly knows the
      business scope and the limits to authorization of the
      debtor.

            

    

    
      	
               
      

            	
              8.

            	
              The
      mortgager has already recognized all the items of the contract fully, and
      has paid more attention to the items in boldface of the contract. The
      mortgagee has provided necessary interpretations to the articles of the
      contract on the require of mortgager, and the mortgager has already knew
      and fully understood the definitions of the contract items and the
      corresponding legal consequences, and is voluntary to provide guaranty
      mortgage for the main contract’s debtor and carry out the joint settlement
      liability in accordance with the
contract.

            

    

    
      	
               
      

            	
              9.

            	
              If
      the event of causing the guaranty value reduced occurs, such as market
      change, and natural disaster etc, the mortgager will immediately notify
      the mortgagee in written within 3 days after the happening of the event.
      If the mortgager does not notify the mortgagee in time, the mortgagee will
      have right to require the mortgager to assume the responsibility of breach
      to contract.

            
	 	10. 	
              Mortgager
      has the right to claim repayment from the debtor on the basis of not affecting
      the further debts repayment of the debtor after implementing the mortgage
      liability. However, if the debtor simultaneously faces repayment from
      mortgager and any payment requirement from the mortgagee under the
      contract, the mortgager will agree the debtor to pay mortgagee’s debts
      preferentially.

            

    

    
    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
    

    
      	
              11.

            	
              If
      the debtor and the mortgager has already signed or will sign the
      counter-guarantee agreement on the guarantee obligations under the
      contract, the counter-guarantee agreement should not damage any right
      enjoyed by the mortgagee under the contract legally or
      actually.

            

    

    
      	
              12.

            	
              If
      the mortgaged property is lost or it’s value is obviously reduced, which
      is caused by natural disaster, accident, violation or other situations,
      the mortgager should immediately adopt measures to prevent the loss from
      further enlargement, and in time notify the mortgagee in
      written.

            

    

    
      	
              13.

            	
              Before
      completing the settlement of mortgaged debts, if the guaranty value is
      obviously reduced, the mortgager will adopt effective measures to make up
      the guaranty value or provide new full-amount and effective mortgage
      according to mortgagee’s
requirement.

            

    

    
      	
              14.

            	
              Before
      completing the settlement of mortgaged debts, the mortgager shall ensure
      to keep, use and maintain the guaranty well, and will ensure not to
      dispose the guaranty in the manner of renting, lending, re-mortgaging,
      pledge, and sales without the agreement from the
  mortgagee.

            

    

    
      	
              15.

            	
              When
      the main debtor does not carry out the debts legally, no matter whether
      the mortgagee has other mortgages on the debts under the main contract
      (including but not limited to guarantee, mortgage, pledge, letter of
      guarantee, standby and any other assure means), the mortgager will take
      full security liabilities.

            

    

    

    Article
14 Mortgagee’s rights

    
      	
              1.

            	
              Mortgagee
      has right to require the mortgager to provide the financial report,
      financial statement and other data reflecting the business circumstance
      and credit circumstance at any
time.

            

    

    
      	
              2.

            	
              If
      there are more than two mortgagers, the mortgagee has right to dispose any
      or each mortgager’s guaranty when implementing the
    hypothec.

            

    

    
      	
              3.

            	
              When
      the main debtor does not carry out the debts legally, no matter whether
      the mortgagee has other mortgages on the debts under the main contract
      (including but not limited to guarantee, mortgage, pledge, letter of
      guarantee, standby and any other assure means), mortgagee shall have right
      to directly require the mortgager to take full security liabilities under
      the mortgage contract, and is not needed to firstly carry out other
      guarantee rights.

            

    

    
      	
              4.  
      

            	
              Before
      confirming the obligatory right mortgaged and guaranteed at maximum
      amount, the mortgager has right to transfer partial or full obligatory
      rights and the corresponding hypothec without the prior consent of
      mortgager.

            

    

    

    Article
15 Alteration of main contract under mortgage

    The
mortgager confirms that the alteration of main contract agreed by the mortgagee
and debtor is regarded as having obtained prior consent with mortgager without
notification of the mortgager, and the liability to guarantee for the mortgager
shall not be reduced thereby.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Article
16 Liability for breach of contract

    In case
that the mortgager violates any term herein, the mortgagee reserves the right to
adopt one or several measures listed below:

    
      	
              (1)

            	
              Request
      the mortgager to correct contract violation in a limited
      period;

            

    

    
      	
              (2)

            	
              Request
      the mortgager to provide new, sufficient and effective
      guarantee;

            

    

    
      	
              (3)

            	
              Withdraw
      partial or all guaranteed liabilities in advance, process the guaranty and
      settle the guaranteed liabilities with the
  proceeds;

            

    

    
      	
              (4)

            	
              Request
      the mortgager to compensate for
losses;

            

    

    
      	
              (5)

            	
              Deduct
      payment from any account of the mortgager and pay the mortgager indemnity
      and other expenses due.

            

    

    

    Article
17 Independence of warrantor’s obligations

    
      	
              (1)

            	
              The
      mortgager guarantees that the debtor performs all obligations stipulated
      in the main contract, and in case of any violation of terms of the main
      contract (including but not limited to the usage of liability fund by the
      debtor not in accordance with the term of the main contract), the
      performance of guarantee obligations under the contract conducted by the
      mortgager shall not be affected.

            

    

    
      	
              (2)

            	
              The
      obligations of the mortgager under the contract is independent and not be
      affected by relationship between any party of the contract and a third
      party, unless otherwise agreed
herein.

            

    

    

    Article
18 Governing, applicable law and dispute settlement

    
      	
              (1)

            	
              The
      laws of the People's Republic of China apply to the conclusion, validity,
      interpretation, performance and dispute settlement under the
      contract.

            

    

    
      	
              (2)

            	
              Any
      dispute or controversy incurring in the performance of the contract or
      relevant to the contract shall be settled through negotiation; in case
      that negotiation fails, it shall be settled according to 1
      method:

            

    

    
      	
               

            	
              
                1  File a lawsuit to the people’s court in the
      location of the mortgagee.

              

            

    

    
      	
               

            	
              
                2 
      Submit to arbitration committee (arbitration
      place:____) for arbitration, which shall be conducted in accordance with
      the existing effective arbitration provisions. The arbitration ruling is
      final and binding on all
parties.

              

            

    

    
      	
               

            	
              
                3 
      Other methods:

              

            

    

     

    Article
19 Notice

    
      	
              (1)

            	
              Any
      notice or communication under the mortgage contract shall be delivered to
      the other party in writing as the communication address recorded on the
      cover the contract.

            

    

    
      	
              (2)

            	
              Any
      alteration of the communication address of any party of the contract shall
      be notified to the other party within 3 days after the date of alteration,
      otherwise the party shall undertake all legal
  consequences.

            

    

    
      	
              (3)

            	
              Any
      notice or communication delivered as the aforesaid address shall be
      regarded as being delivered on the following
  date:

            

    

    
      	
               

            	
              
                1 
      The fifth working day upon the delivery of registration in case of
      letter;

              

            

    

    
      	
               

            	
              
                2 
      The date on which the other party receives, confirms and feeds it
      back in case of telex;

              

            

    

    
      	
               

            	
              
                3 
      The date on which the addressee signs in in case of special-purpose
      delivery by
      a worker.

              

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
    

    (4)   
In case that any alteration of the mortgager name, legal representative, address
and other matters is not notified to the mortgagee in writing, that the
mortgagee delivers all notices or documents to the mortgager per the materials
recorded in the contract shall be regarded having delivered.

    

    Article
20 Execution of the contract and miscellaneous

    
      	
              (1)

            	
              The
      contract shall go into effect upon signing or sealing of both
      parties.

            

    

    
      	
              (2)

            	
              In
      accordance with rules and regulations in China, in case of any mortgage in
      need of registration under the contract, the mortgager shall handle
      legitimate registration procedure in conjunction with the mortgagee
      immediately upon signing the
contract.

            

    

    
      	
              (3)

            	
              During
      the effectiveness of the contract, any tolerance, grace, preference or
      delayed execution of the rights and interests under the contract offered
      by the mortgagee to the debtor and warrantor shall not harm, affect or
      limit all rights and interests enjoyed by the mortgagee in accordance with
      relevant laws, stipulations of administrative rules and regulations, and
      terms of the contract, shall not be regarded as abandonment of any right
      and interest of the mortgagee under the contract, and shall not affect any
      obligation of the mortgager under the
contract.

            

    

    
      	
              (4)

            	
              Annexes
      herein are the integral part of the contract and shall have the same legal
      effect as the text of the contract.

            

    

    
      	
              (5)

            	
              “Working
      day” in the contract refers to the business day of the bank. During
      execution of the contract, in case of a certain withdrawal or payment date
      is a non-business day, it shall apply to the next business
      day.

            

    

    
      	
              (6)

            	
              The
      contract shall terminate upon liquidation of all liabilities guaranteed
      under the contract. Upon termination of the contract, the mortgagee shall
      return the ownership certificate of the guaranty in store to the
      mortgager.

            

    

    
      	
              (7)

            	
              During
      the period agreed in Article 3 (1) of the contract, any contract,
      agreement and other legal documents signed for the formation of
      debtor-creditor relationship of the mortgagee and debtor, if not confirmed
      in relevant contract, agreement and other legal document for the usage of
      guaranty mortgage herein, shall be deemed as guaranty mortgage for the
      contract.

            

    

    
      	
              (8)

            	
              The
      contract original is made in three copies
      held by the mortgagee, mortgager and the registration department
      respectively with equal legal
force.

            

    

    

    

    

    

    

    

    

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    

    Article
21 Supplementary provision

    
      	
              Mortgagee
      (official seal):

               

              Industrial
      Bank Co., Ltd. Nanchang Branch

               

               

              Head
      or authorized agent (seal): Zheng Zhiming

               

               

              Date:

            
	
              Mortgager
      (official seal): Guixi Yixin Copper Co., Ltd.

               

               

               

              Legal
      representative or authorized agent (seal): Hu Shihong

               

               

              Date:

            
	
              Registration
      department (official seal):

               

               

               

              Head
      (seal):

               

               

              Date:

               

            

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    

    Annex 1
:

    Uner the
No.____________ Mortgage Contract at Maximum Amount:

    

    Guaranty
List (Real Estate)

    

    
      	
              Guaranty
      name

            	 
      
	
              Owner

            	
              Guixi
      Yixin Copper Co., Ltd.

            
	
              User

            	 
      
	
              Type

            	 
      	
              Service
      life

            	 
      
	
              Domicile

            	 
      
	
              Metes
      and bounds

            	
              East

            	 
      	
              West

            	 
      
	
              South

            	 
      	
              North

            	 
      
	
              Floor
      area

              (square
      meter)

            	 
      	
              Building
      area

              (square
      meter)

            	
              18
      256.06 m2

               

            
	
              Structure

            	 
      	
              Floor
      number

            	 
      	
              Level

            	 
      
	
              Construction
      cost (RMB Yuan)

            	 
      	
              Present
      value (RMB Yuan)

            	 
      
	
              Property
      certificate number

            	
              200727647,
      200727649, 200727650

            
	
              Issuing
      authority

            	
              Housing
      Administrative Bureau of Guixi City

            
	
              Issuing
      date

            	 
      
	
              Insurance
      type

            	 
      

    

    

    Mortgager
(seal): Guixi Yixin Copper Co., Ltd.

    

    Mortgagee
(official seal): Industrial Bank Co., Ltd. Nanchang Branch

    

    Bank
operator (signature):

    

                                    Filling date:
_________________

    

    

    

    

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
              000160/09953
      BFLODOCS 2383778v1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00146-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00146-of-00352.parquet"}]]