Document:

Unassociated Document

    Exhibit
4.21

    

    
      
        Ref. No.:
WFGXTKZJ20091102

      

    

    

    

    

    

    

    

    

    Loan
Contract

     

    (Summary
Translation)

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

     

     

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

       

    

    
      
        Ref. No.:
WFGXTKZJ20091102

        
          Loan
Contract

           

          
            	
                    Borrower:

                  	
                    Fuwei Films (Shandong)
      Co., Ltd.

                  
	 	 
	
                    Legal
      Representative:

                  	
                    Xiaoan
      He

                  
	 
      	 
      
	
                    Lender:

                  	
                    Weifang
      Dongfang State-owned Assets Management Co., Ltd.

                  
	 	 
	
                    Responsible
      Person:

                  	
                    Pizong
      Mou

                  
	 	 
	
                    Guarantor:

                  	
                    Shandong
      Deqin Investment& Guarantee Co.,
Ltd.

                  

          

           

          Both parties
agree to the following terms:

           

          
            	
                    1

                  	
                    Loan

                  
	 	 

          

          
            	
                    1.1

                  	
                    Currency:
      Renminbi (RMB)

                  
	 	 

          

          
            	
                    1.2

                  	
                    Amount:
      10,000,000

                  
	 	 

          

          
            	
                    1.3

                  	
                    The
      proceeds of the Loan under this Contract shall be used for project
      investment.

                  
	 	 

          

          
            	
                    1.4

                  	
                    Loan
      Period: Commencing from October 19, 2009, to October 18,
    2017.

                  

          

           

          
            	
                    Granting
      Date

                  	
                    Expired
      Date

                  
	
                    Year

                  	
                    Month

                  	
                    Day

                  	
                    Amount

                  	
                    Year

                  	
                    Month

                  	
                    Day

                  	
                    Amount

                  
	
                    2009

                  	
                    10

                  	
                    19

                  	
                    10,000,000.00

                  	
                    2015

                  	
                    4

                  	
                    18

                  	
                    1675000

                  
	 
      	 
      	 
      	 
      	
                    2015

                  	
                    10

                  	
                    18

                  	
                    1675000

                  
	 
      	 
      	 
      	 
      	
                    2016

                  	
                    4

                  	
                    18

                  	
                    1675000

                  
	 
      	 
      	 
      	 
      	
                    2016

                  	
                    10

                  	
                    18

                  	
                    1675000

                  
	 
      	 
      	 
      	 
      	
                    2017

                  	
                    4

                  	
                    18

                  	
                    1675000

                  
	 
      	 
      	 
      	 
      	
                    2017

                  	
                    10

                  	
                    18

                  	
                    1625000

                  

          

           

          
            
              
              

            

            
              -2-

              
                

              

            

            
              
              

            

          

           

          
            	
                    2

                  	
                    Interest
      Rate and Computation of Interest

                  
	 	 

          

          
            	
                    2.1

                  	
                    Interest
      rate: The annul interest rate is 5.346%, up by 10% compared the fixed
      benchmark interest rate announced by the People’s Bank of China. Interest
      for Loans for less than 5 years is the same as the period benchmark
      interest of People’s Bank of China.  For more than 5 years the
      interest is benchmark interest rate announced by the People’s Bank of
      China plus 0%.
      The cycle for interest is 6 months.

                  
	 	 

          

          
            	
                    2.2

                  	
                    Computation of
      Interest

                  
	 	 

          

          Normal
interest = interest rate under this Contract X proceeds of the Loan X number of
days of use.  Number of days of use is calculated from the drawing
date to the maturity date. The interest should be paid by every 6 months on the
date of June 20 and December 20 every year.  If the last prepayment of
the principle is not the computation date, then the unpaid interest should be
paid off with the principle (Daily interest=monthly interest/30 ).

           

          
            	
                    3

                  	
                    Granting
      and Repayment of Loan

                  
	 	 

          

          
            	
                    3.1

                  	
                    Unless
      all of the following conditions are satisfied, Lender has the right to
      refuse to grant the Loan:

                  
	 	 

          

          
            	
                     
      

                  	
                    1.

                  	
                    Borrower
      has already completed the statutory procedures including obtaining related
      permit, approval and registration from the government and such permit,
      approval and registration remain in full force and
  effect.

                  
	 	 	 

          

          
            	
                     
      

                  	
                    2.

                  	
                    The
      guarantee contract (if any) under this Contract has come into effect and
      remains in full force and effect.

                  
	 	 	 

          

          
            	
                     
      

                  	
                    3.

                  	
                    The
      financial condition of the Borrower does not have any substantial adverse
      changes; and

                  
	 	 	 

          

          
            	
                     
      

                  	
                    4.

                  	
                    Borrower
      is not in breach of this Contract.

                  
	 	 	 

          

          
            	
                    3.2

                  	
                    The
      actual drawing date and drawing amount shall be in accordance with the
      promissory note.

                  

          

           

          
            
              
              

            

            
              -3-

              
                

              

            

            
              
              

            

          

           

          
            	
                    3.3

                  	
                    Borrower
      shall not repay the Loan prior to the scheduled date without having a
      written consent from Lender.

                  

          

           

          
            	
                    4.

                  	
                    Rights
      and Obligations of Guarantor

                  

          

           

          
            	
                    4.1.

                  	
                    Borrower
      engages Shandong Deqin Investment& Guarantee Co., Ltd. as a guarantee
      company.  According to the investigation of Lender, the
      Guarantor is capable and qualified to repay the loan.  The
      Guarantor has the right to examine and supervise the Borrower to implement
      the contract.

                  

          

           

          
            	
                    4.2.

                  	
                    If
      Borrower can’t fulfill its obligation, the Guarantor should repay the
      principle and assume the breach
liabilities.

                  

          

           

          
            	
                    4.3.

                  	
                    The
      Guarantee includes major right of credit, penalty, compensation and fees
      for realizing creditor’s rights.

                  

          

          

          
            	
                    5.

                  	
                    Rights
      and Obligations of Lender

                  

          

           

          
            	
                    5.1

                  	
                    Lender
      has the right to be repaid the principal, receive interest (including
      compound, overdue and appropriated penalty interest) and the necessary
      expenses from the Borrower in accordance with this Contract. Lender has
      the right to exercise any other rights under the relevant laws and
      regulations or stipulated in this
Contract.

                  

          

          
             

            
              	
                      5.2

                    	
                      Except
      as otherwise specified under this contract, Lender shall keep all the
      financial and operation data and information confidential unless compelled
      by requirements of applicable laws and
  regulations.

                    

            

          

          
             

            
              	
                      6. 

                    	
                      Rights
      and Obligations of Borrower

                    

            

          

           

          
            	
                    6.1

                  	
                    Borrower
      shall repay the Loan under this Contract and pay the interest
      hereunder in accordance with the date, amount, currency set forth in
      this Contract.

                  

          

           

          
            	
                    6.2

                  	
                    Borrower
      shall not use the proceeds of the Loan for any usage not stipulated in
      this Contract.

                  

          

          
             

            
              
                
                

              

              
                -4-

                
                  

                

              

              
                
                

              

            

             

            
              	
                      6.3

                    	
                      Borrower
      shall be liable for the expenses under this Contract, including but not
      limited to, expenses for notary service, authentication, evaluation and
      registration.

                    
	 	 

            

          

          
            	
                    6.4

                  	
                    Borrower
      shall comply with the operation procedure and the general practice of
      the   Lender and loan application, including but not
      limited to, facilitating Lender’s  examination and supervision
      on Borrower’s operation status, and providing all the financial
      statements, or any other data and information requested by Lender, and
      shall guarantee that such documents, data and information are true,
      complete and accurate.

                  
	 	 

          

          
            	
                    6.5

                  	
                    If
      any one of the following events occurs, Borrower shall notify the Lender
      within thirty (30) days and shall not commence such activities unless the
      Loan and interest under this Contract are repaid completely, or a
      repayment schedule and guarantee are approved and accepted by the Lender.
      These are as follows:

                  
	 	 

          

          
            	
                     
      

                  	
                    1.

                  	
                    Selling,
      donating, renting, lending, assigning, mortgaging, pledging or disposing
      of all or substantial part of its assets.

                  
	 	 	 

          

          
            	
                     
      

                  	
                    2.

                  	
                    Any
      substantial changes in organization or structure of the Borrower,
      including but not limited to, its operation, subcontracting, lease,
      affiliation, company restructuring, joint-stock, merger (consolidation),
      equity joint-venture (non-equity), spin-off, incorporation of subsidiary,
      asset assignment, reduction of registered capital,
  etc.

                  

          

           

          
            	
                    6.6

                  	
                    Borrower
      shall notify the Lender within seven (7) days of occurrence of any of the
      following events:

                  

          

           

          
            	
                     
      

                  	
                    1.

                  	
                    Amendment
      of the Articles of Association, change of Borrower’s name, change of legal
      representative , change of domicile, change of address, and change in the
      scope of its business.

                  
	 	 	 

          

          
            	
                     
      

                  	
                    2.

                  	
                    Borrower
      or Guarantor’s (if any) intention to file for
  bankruptcy.

                  
	 	 	 

          

          
            	
                     
      

                  	
                    3.

                  	
                    Borrower’s
      involvement in any major litigation or arbitration, or any lien or
      encumbrance is imposed on its
assets.

                  

          

           

          
            
              
              

            

            
              -5-

              
                

              

            

            
              
              

            

          

           

          
            	
                     
      

                  	
                    4.

                  	
                    Borrower’s
      guarantee to any other third party, which will have an adverse effect on
      its financial status and ability to perform its obligations under this
      Contract.

                  
	 	 	 

          

          
            	
                     
      

                  	
                    5.

                  	
                    Borrower
      enters into a contract which will have a material adverse effect on its
      operation and financial status.

                  
	 	 	 

          

          
            	
                     
      

                  	
                    6.

                  	
                    Borrower
      or Guarantor (if any) stops its operation, its business terminates or its
      business license is revoked.

                  
	 	 	 

          

          
            	
                     
      

                  	
                    7.

                  	
                    Borrower’s
      legal representative or senior management has committed a criminal
      offence.

                  
	 	 	 

          

          
            	
                     
      

                  	
                    8.

                  	
                    Borrower
      faces substantial hardship in managing its business or any other event
      which will have an adverse effect on the financial status or ability of
      the Borrower to repay the Loan.

                  
	 	 	 

          

          
            	
                    6.7

                  	
                    Any
      changes to the form of collateral under this Contract that may have
      adverse effect on Lender’s right shall be made upon Lender’s
      consent.

                  

          

           

          
            	
                    7.

                  	
                    Breach
      of Contract

                  

          

           

          
            	
                    7.1

                  	
                    In
      the event that Borrower fails to repay the principal or interest in full
      in a timely      fashion, or to use the
      proceeds of the Loan as set forth in this Contract, Lender has the right
      to use the overdue penalty interest rate and appropriate penalty interest
      rate to calculate the interest.

                  

          

           

          
            	
                    7.2

                  	
                    In
      the event that Borrower fails to repay the principal or interest in full
      in a timely fashion, Borrower shall be liable for the Lender’s expenses in
      exercising its creditor’s rights, including litigation cost (arbitration
      fee), costs of preservation of asset, costs of publication, enforcement
      costs, legal fees, travel and other
expenses.

                  

          

           

          
            
              
              

            

            
              -6-

              
                

              

            

            
              
              

            

          

           

          
            	
                    7.3

                  	
                    In
      the event that Borrower avoids Lender’s supervision, fails to repay the
      principal or the interest of the Loan or avoids the repayment
      intentionally, Lender has the right to inform relevant government
      authority and to publish the payment notification in the news
      media.

                  

          

           

          
            	
                    8.

                  	
                    Dispute
      Resolution

                  

          

           

          Any
dispute arising from or in connection with this Contract shall be resolved by
the first method listed below:

           

          
            	
                     
      

                  	
                    1.

                  	
                    File
      a lawsuit to the competent court in the place where Lender is located;
      or

                  
	 	 	 

          

          
            	
                     
      

                  	
                    2.

                  	
                    Submit
      the disputes to _____________________ arbitration committee for
      arbitration in accordance with the currently effective arbitration rules
      of such committee. The arbitral award is final and is legally binding upon
      both Parties.

                  

          

           

          
            	
                    9.

                  	
                    Miscellaneous

                  

          

           

          
            	
                    9.1

                  	
                    This
      Contract comes into effect upon both Parties’ execution of this
      contract.

                  

          

          
             

            
              	
                      9.2

                    	
                      This
      Contract is executed in six (6) counterparts. Each of the Parties and
      Guarantor shall keep one
counterpart.

                    

            

          

           

          
            
              
              

            

            
              -7-

              
                

              

            

            
              
              

            

          

           

          IN WITNESS WHEREOF, the
parties hereto have executed this Contract as of the day and year first set
forth below.

           

          
            	
                    November
      20, 2009

                  	
                    November
      20, 2009

                  
	 	 
	
                    Borrower
      (seal):

                  	
                    Lender
      (seal):

                  
	 	 
	
                    Fuwei
      Films (Shandong) Co., Ltd.

                  	
                    Weifang
      Dongfang State-owned Assets Management Co., Ltd..

                  
	 	 
	
                    Legal
      Representative or Authorized Person

                  	
                    Responsible
      Person or Authorized Person

                  
	 
      	 
      
	
                    Xiaoan
      He

                  	
                    Pizong
      Mou

                  
	 	 
	 
      	 
      
	
                    (signature
      or seal)

                  	
                    (signature
      or seal)

                  

          

           

          
            
              
              

            

            
              -8-Unassociated Document

    Exhibit
4.22

    

    
      
         

      

    

    

     

    
      	
              Contract No.: 
      No. 0012 Jiezi 0900 Bank of Weifang
2010

            

    

     

    

    

    

    

    

    Loan
Contract

     

    (Summary
Translation)

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    
      Bank of
Weifang

    

     

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

       

    

    
      
        
          
            Loan
Contract

             

            
              
                	
                        Borrower:

                      	
                        Fuwei Films (Shandong)
      Co., Ltd.

                      
	 	 
	
                        Legal
      Representative:

                      	
                        Xiaoan
      He

                      
	 	 
	
                        Legal
      Address:

                      	
                        Hi-Tech
      Development Zone, Dong Ming Road, Weifang

                      
	 	 
	
                        Correspondence
      Address:

                      	
                        Same as
      above

                      
	 	 
	Account
      No.: 	0900012090049085 
	 
      	 
      
	
                        Lender:

                      	
                        Bank
      of Weifang

                      
	 	 
	
                        Responsible
      Person:

                      	
                        Yuzhi
      Wang

                      
	 	 
	
                        Correspondence
      Address:

                      	
                        336
      Dong Fang Road, Weifang,
Shandong

                      

              

            

             

            Both parties
agree to the following terms:

             

            
              	
                      1

                    	
                      Loan

                    
	 	 

            

            
              	
                      1.1

                    	
                      Currency:
      Renminbi (RMB)

                    
	 	 

            

            
              	
                      1.2

                    	
                      Amount:
      10,000,000

                    
	 	 

            

            
              	
                      1.3

                    	
                      The
      proceeds of the Loan under this Contract shall be used for Research &
      Development of Special BOPET films

                    
	 	 

            

            
              	
                      1.4

                    	
                      Loan
      Period: Commencing from January 13, 2010, to January 12,
    2012.

                    

            

            

            
              	
                      2

                    	
                      Interest
      Rate and Computation of Interest

                    
	 	 

            

            
              	
                      2.1

                    	
                      Interest
      rate: free

                    
	 	 

            

            
              	
                      2.2

                    	
                      Computation of
      Interest

                    
	 	 

            

            
              	
                      2.2.1

                    	
                      Normal
      interest = interest rate under this Contract X proceeds of the Loan X
      number of days of use.  Number of days of use is calculated from
      the drawing date to the maturity
date.

                    

            

             

            
              
                
                

              

              
                -2-

                
                  

                

              

              
                
                

              

               

            

            
              	
                      2.2.2

                    	
                      The
      penalty interest of the overdue loan and appropriated loan is calculated
      based on the amount and the actual number of days overdue or appropriated.
      If the currency of the loan is Renminbi (RMB), the overdue penalty
      interest rate is equal to the loan interest rate set forth in this
      Contract plus 50% of such loan’s interest rate, and the appropriated
      penalty interest rate is equal to the loan interest rate set forth in this
      Contract plus 100% of such loan interest rate. If the currency of the loan
      is a foreign currency, the aforesaid penalty interest rates are equal to
      the loan interest rate set forth in this Contract plus 20% of such loan
      interest rate.

                    
	 	 

            

            
              	
                      2.3

                    	
                      The
      loan under this Contract uses the second (2nd)
      method mentioned below for payment of interest. On the maturity date, the
      interest shall be paid together with the principal. The date of payment of
      interest is the date of the settlement of interest:

                    
	 	 

            

            
              	
                       
      

                    	
                      1.

                    	
                      Interest
      settlement on the 20th
      day of the last month of each quarter; or

                    
	 	 	 

            

            
              	
                       
      

                    	
                      2.

                    	
                      Interest
      settlement on the 20th
      day of each month.

                    
	 	 	 

            

            
              	
                      3

                    	
                      Granting
      and Repayment of Loan

                    
	 	 

            

            
              	
                      3.1

                    	
                      Borrower
      shall start the related procedure three (3) business days prior to drawing
      the proceeds of the Loan in accordance with the following loan drawing
      schedule: (N/A)

                    
	 	 

            

            
              	
                      Drawing
      Date

                    	
                      Drawing
      Amount

                    

            

             

            ___ day
___ month ___ Year; _______________(amount in capitalization)

             

            ___ day
___ month ___ Year; _______________(amount in capitalization)

             

            ___ day
___ month ___ Year; _______________(amount in capitalization)

             

            ___ day
___ month ___ Year; _______________(amount in capitalization)

             

            
              
                
                

              

              
                -3-

                
                  

                

              

              
                
                

              

            

            

            
              	
                      3.2

                    	
                      Unless
      all of the following conditions are satisfied, Lender has the right to
      refuse to grant the Loan:

                    
	 	 

            

            
              	
                       
      

                    	
                      1.

                    	
                      Borrower
      has already completed the statutory procedures including obtaining related
      permit, approval and registration from the government and such permit,
      approval and registration remain in full force and
  effect.

                    
	 	 	 

            

            
              	
                       
      

                    	
                      2.

                    	
                      The
      guarantee contract (if any) under this Contract has come into effect and
      remains in full force and effect.

                    
	 	 	 

            

            
              	
                       
      

                    	
                      3.

                    	
                      The
      financial condition of the Borrower does not have any substantial adverse
      changes; and

                    
	 	 	 

            

            
              	
                       
      

                    	
                      4.

                    	
                      Borrower
      is not in breach of this Contract.

                    
	 	 	 

            

            
              	
                      3.3

                    	
                      The
      actual drawing date and drawing amount shall be in accordance with the
      promissory note.

                    
	 	 

            

            
              	
                      3.4

                    	
                      Borrower
      shall not repay the Loan prior to the scheduled date without having a
      written consent from Lender.

                    
	 	 

            

            
              	
                      4

                    	
                      Representation
      and Guarantee of the Borrower

                    
	 	 

            

            
              	
                      4.1

                    	
                      Borrower
      is an independent entity and has the necessary contractual capacity to
      perform this Contract and will be liable for its non-performance of its
      obligations hereunder.

                    
	 	 

            

            
              	
                      4.2

                    	
                      The
      execution and performance of this Contract is the true intention of the
      Borrower, and the Borrower has all necessary consents, approvals and
      authorizations to perform its obligations.

                    
	 	 

            

            
              	
                      4.3

                    	
                      All
      the documents, reports, data and information provided by the Borrower to
      the Lender during the execution and performance of this Contract are true,
      accurate, complete and in full effect, and Borrower has not withheld any
      information which may affect the evaluation of its financial status and
      repayment ability.

                    

            

             

            
              
                
                

              

              
                -4-

                
                  

                

              

              
                
                

              

            

             

            
              	
                      5

                    	
                      Rights
      and Obligations of Lender

                    
	 	 

            

            
              	
                      5.1

                    	
                      Lender
      has the right to be repaid the principal, receive interest (including
      compound, overdue and appropriated penalty interest) and the necessary
      expenses from the Borrower in accordance with this Contract. Lender has
      the right to exercise any other rights under the relevant laws and
      regulations or stipulated in this Contract.

                    
	 	 

            

            
              	
                      5.2

                    	
                      Except
      as otherwise specified under this contract, Lender shall keep all the
      financial and operation data and information confidential unless compelled
      by requirements of applicable laws and regulations.

                    
	 	 

            

            
              	
                      6

                    	
                      Rights
      and Obligations of Borrower

                    
	 	 

            

            
              	
                      6.1

                    	
                      Borrower
      shall repay the Loan under this Contract and pay the interest hereunder in
      accordance with the date, amount, currency set forth in this
      Contract.

                    
	 	 

            

            
              	
                      6.2

                    	
                      Borrower
      shall not use the proceeds of the Loan for any usage not stipulated in
      this Contract.

                    
	 	 

            

            
              	
                      6.3

                    	
                      Borrower
      shall be liable for the expenses under this Contract, including but not
      limited to, expenses for notary service, authentication, evaluation and
      registration.

                    
	 	 

            

            
              	
                      6.4

                    	
                      Borrower
      shall comply with the operation procedure and the general practice of the
      Lender and loan application, including but not limited to, facilitating
      Lender’s examination and supervision on Borrower’s operation status, and
      providing all the financial statements, or any other data and information
      requested by Lender, and shall guarantee that such documents, data and
      information are true, complete and
accurate.

                    

            

             

            
              
                
                

              

              
                -5-

                
                  

                

              

              
                
                

              

            

             

            
              	
                      6.5

                    	
                      If
      any one of the following events occurs, Borrower shall notify the Lender
      within thirty (30) days and shall not commence such activities unless the
      Loan and interest under this Contract are repaid completely, or a
      repayment schedule and guarantee are approved and accepted by the Lender.
      These are as follows:

                    
	 	 

            

            
              	
                       
      

                    	
                      1.

                    	
                      Selling,
      donating, renting, lending, assigning, mortgaging, pledging or disposing
      of all or substantial part of its assets.

                    
	 	 	 

            

            
              	
                       
      

                    	
                      2.

                    	
                      Any
      substantial changes in organization or structure of the Borrower,
      including but not limited to, its operation, subcontracting, lease,
      affiliation, company restructuring, joint-stock, merger (consolidation),
      equity joint-venture (non-equity), spin-off, incorporation of subsidiary,
      asset assignment, reduction of registered capital, etc.

                    
	 	 	 

            

            
              	
                      6.6

                    	
                      Borrower
      shall notify the Lender within seven (7) days of occurrence of any of the
      following events:

                    
	 	 

            

            
              	
                       
      

                    	
                      1.

                    	
                      Amendment
      of the Articles of Association, change of Borrower’s name, change of legal
      representative , change of domicile, change of address, and change in the
      scope of its business.

                    
	 	 	 

            

            
              	
                       
      

                    	
                      2.

                    	
                      Borrower
      or Guarantor’s (if any) intention to file for
  bankruptcy.

                    
	 	 	 

            

            
              	
                       
      

                    	
                      3.

                    	
                      Borrower’s
      involvement in any major litigation or arbitration, or any lien or
      encumbrance is imposed on its assets.

                    
	 	 	 

            

            
              	
                       
      

                    	
                      4.

                    	
                      Borrower’s
      guarantee to any other third party, which will have an adverse effect on
      its financial status and ability to perform its obligations under this
      Contract.

                    
	 	 	 

            

            
              	
                       
      

                    	
                      5.

                    	
                      Borrower
      enters into a contract which will have a material adverse effect on its
      operation and financial status.

                    
	 	 	 

            

            
              	
                       
      

                    	
                      6.

                    	
                      Borrower
      or Guarantor (if any) stops its operation, its business terminates or its
      business license is revoked.

                    
	 	 	 

            

            
              	
                       
      

                    	
                      7.

                    	
                      Borrower’s
      legal representative or senior management has committed a criminal
      offence.

                    
	 	 	 

            

            
              	
                       
      

                    	
                      8.

                    	
                      Borrower
      faces substantial hardship in managing its business or any other event
      which will have an adverse effect on the financial status or ability of
      the Borrower to repay the Loan.

                    

            

             

            
              
                
                

              

              
                -6-

                
                  

                

              

              
                
                

              

            

             

            
              	
                      6.7

                    	
                      Any
      changes to the form of collateral under this Contract that may have
      adverse effect on Lender’s right shall be made upon Lender’s
      consent.

                    
	 	 

            

            
              	
                      7

                    	
                      Maturity
      Repayment of the Loan before the Maturity Date

                    
	 	 

            

            
              	
                      7.1

                    	
                      In
      the event of the occurrence of any of the following events, Lender has the
      right to suspend the drawing of the proceeds of the Loan and require
      repayment of the principal of the Loan partially or completely before the
      maturity date and demand that the Borrower repay the principal of the Loan
      and pay the interest hereunder. These are as follows:

                    
	 	 

            

            
              	
                       
      

                    	
                      1.

                    	
                      Borrower’s
      representations and warranties in Section 4 are not
  true;

                    
	 	 	 

            

            
              	
                       
      

                    	
                      2.

                    	
                      Borrower
      is in breach of this Contract;

                    
	 	 	 

            

            
              	
                       
      

                    	
                      3.

                    	
                      The
      events set forth in Section 6.6 have occurred and Lender believes that
      such event will have a material adverse effect on its rights as a
      creditor; or

                    
	 	 	 

            

            
              	
                       
      

                    	
                      4.

                    	
                      Borrower
      has delayed its performance or is in breach of other contracts entered
      into between Borrower and Lender, and has not provided the Lender with any
      remedy upon notification by Lender.

                    
	 	 	 

            

            
              	
                      8

                    	
                      Breach
      of Contract

                    
	 	 

            

            
              	
                      8.1

                    	
                      In
      the event that Borrower fails to repay the principal or interest in full
      in a timely fashion, or to use the proceeds of the Loan as set forth in
      this Contract, Lender has the right to use the overdue penalty interest
      rate and appropriate penalty interest rate to calculate the
      interest.

                    
	 	 

            

            
              	
                      8.2

                    	
                      In
      the event that Borrower fails to repay the principal or interest in full
      in a timely fashion, Borrower shall be liable for the Lender’s expenses in
      exercising its creditor’s rights, including litigation cost (arbitration
      fee), costs of preservation of asset, costs of publication, enforcement
      costs, legal fees, travel and other
expenses.

                    

            

             

            
              
                
                

              

              
                -7-

                
                  

                

              

              
                
                

              

            

             

            
              	
                      8.3

                    	
                      In
      the event that Borrower avoids Lender’s supervision, fails to repay the
      principal or the interest of the Loan or avoids the repayment
      intentionally, Lender has the right to inform relevant government
      authority and to publish the payment notification in the news
      media.

                    
	 	 

            

            
              	
                      9

                    	
                      Withdrawal
      Instruction

                    
	 	 

            

            
              	
                      9.1

                    	
                      In
      the event that Borrower is overdue in payment in respect of principal,
      interest, penalty interest, compound interest or other expenses, Lender is
      authorized to withdraw the money from any other bank accounts of Borrower
      with Bank of Communication to setoff the said outstanding
      payment.

                    
	 	 

            

            
              	
                      9.2

                    	
                      After
      the aforesaid withdrawal, Lender shall inform the Borrower of such account
      number, loan contract reference number, promissory note reference number,
      amount of withdrawal, and the outstanding Loan amount.

                    
	 	 

            

            
              	
                      9.3

                    	
                      If
      the amount of withdrawal is not sufficient to setoff the aforesaid
      payment, the overdue expenses shall be settled first. If the principal and
      interest are overdue for less than ninety (90) days, the remaining balance
      shall be first used to settle the overdue interest, penalty interest and
      compound interest, then shall be used to settle the overdue principal. In
      the event that the overdue payment or interest is overdue for more than
      ninety (90) days, the remaining balance shall be used to settle the
      overdue principal, then shall be used to settle the overdue interest,
      penalty interest or compound interest.

                    
	 	 

            

            
              	
                      9.4

                    	
                      If
      the currency of the aforesaid withdrawal amount is different from the
      currency of the Loan, the exchange rate determined by Bank of
      Communication on the date of withdrawal shall be used for the currency
      conversion calculation.

                    
	 	 

            

             

            
              
                
                

              

              
                -8-

                
                  

                

              

              
                
                

              

            

             

            
              	
                      10

                    	
                      Dispute
      Resolution

                    
	 	 

            

            
              
                
                  	
                          10.1

                        	
                          Any
      dispute
      arising from or in connection with this Contract shall be resolved by the
      first method listed below:

                        
	 	 

                

              

            

            
              	
                       
      

                    	
                      1.

                    	
                      File
      a lawsuit to the competent court in the place where Lender is located;
      or

                    
	 	 	 

            

            
              	
                       
      

                    	
                      2.

                    	
                      Submit
      the disputes to _____________________ arbitration committee for
      arbitration in accordance with the currently effective arbitration rules
      of such committee. The arbitral award is final and is legally binding upon
      both Parties.

                    

            

            

            
              	
                      11

                    	
                      Miscellaneous

                    

            

             

            
              
                	
                        11.1

                      	
                        This
      Contract comes into effect upon both Parties’ execution of this
      contract.

                      

              

            

             

            
              
                	
                        11.2

                      	
                        This
      Contract is executed in five (5) counterparts. Each of the Parties and
      Guarantor shall keep one
counterpart.

                      

              

            

             

            IN WITNESS WHEREOF, the
parties hereto have executed this Contract as of the day and year first set
forth below.

            

             

            
              	
                      January
      13, 2010

                    	
                      January
      13, 2010

                    
	 	 
	
                      Borrower
      (seal):

                    	
                      Lender
      (seal):

                    
	 	 
	
                      Fuwei
      Films (Shandong) Co., Ltd.

                    	
                      Bank
      of Weifang

                    
	 	 
	
                      Legal
      Representative or Authorized Person

                    	
                      Responsible
      Person or Authorized Person

                    
	 
      	 
      
	
                      Xiaoan
      He

                    	
                      Yuzhi
      Wang

                    
	 	 
	 
      	 
      
	
                      (signature
      or seal)

                    	
                      (signature
      or seal)

                    

            

             

            
              
                
                

              

              
                -9-

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