Document:

Exhibit 10.11

 

Liquid Capital Loan Contract 

 

(Contract
No. :  [●])

 

Borrower: Zhejiang Zhengkang Industrial
Co. Ltd

 

Address: No. 678 Dingxiang Road, Binhai Industrial
Park, Economic & Technology Development Zone, Wenzhou, Zhejiang Province, People’s Republic of China 325025

 

Loaner: Bank of China, Wenzhou Dragon
Bay Branch

 

Address: Wanxin Jinyuan Yongzhong Street Longwan
District Wenzhou, Zhejiang 325000

 

		I.	Loan Amount:

 

Currency: RMB.

 

Amount:
¥[●]

 

		II.	Loan period:

 

The
loan period is [●]
months, starting from the actual withdrawal date. If Borrower withdraws the loan by installment, the loan period starts from the
date of first actual withdrawal.

 

		III.	Loan purpose:

 

		1.	The purpose of this loan is for repayment of the government’s
emergency fund.

 

		2.	Without written consent of Loaner, Borrower could not change the loan purpose

 

		IV.	Loan interest rate, interest calculation and interest
settlement:

 

		1.	Loan Prime Rate shall be adjusted annually.

 

		2.	Loan interest rate is calculated pursuant to No. [ 2 ]

 

		1)	Fixed
rate: Loan interest rate is calculated pursuant to the LPR published by People’s Bank on the date one business day prior
to execution of this contract plus [●]bp.
and the annual interest rate is [●]%
until the maturity date.

 

		2)	Fluctuated rate: the actual withdrawal date (or the first withdrawal
date if installment withdrawal) will be the starting date, and every [●]
months will be a fluctuation period.

 

    	 	1	 

     

    

 

		3.	Loan Interest Rate shall be settled quarterly.
The [●]th
of last month of each quarter is the interest settlement date, and the [●]
of last month of each quarter is the interest payment date.

 

		4.	If Borrower does not repay the loan on
time, the penalty interest will be increased [●]%
of the loan interest under this contract. 

 

		5.	If the loan is used in violation of the
purpose of this agreement, the penalty interest will be increased [●]%
of the loan interest under this contract.

 

		V.	Repayment of Loan Principal

 

		1.	Borrower shall repay all the loan under
this contract (RMB[●])
no later than [●].

 

		VI.	Guarantee

 

The guarantee type for performance
of this contract is guarantee.

 

	Name of Guarantor	 	Contract No.	 	Guarantee Type
	 	 	 	 	 

 

		VII.	Miscellaneous:

 

		1.	Any disputes arising from the performance of the contract shall be submitted to the court located
in the place where Loaner resides.

 

		2.	This contract comes into effect upon execution by legal representative of each party and stamped
by both parties.

 

		3.	This contract is written in 2 copies with each party holding one copy, and each copy has same legal
effect.

 

Borrower: Zhejiang Zhengkang Industrial
Co. Ltd

 

Loaner: Bank of China. Wenzhou Longwan
Branch.

 

Execution
time: [●]

 

    	 	2Exhibit 10.12

 

Liquid Capital Loan Contract

 

(Contract No. :  3520160546 )

 

Borrower: Zhejiang Zhengkang Industrial
Co. Ltd

 

Business License Number: 330305000005201

 

Address: No. 678 Dingxiang Road, Binhai Industrial
Park, Economic & Technology Development Zone, Wenzhou, Zhejiang Province, People’s Republic of China 325025

 

Loaner: Industrial Bank Co Ltd. Wenzhou
Branch

 

Address: No. 1 Municipal Road Wenzhou Zhejiang
Province PRC. 325000

 

Phone: 86 55699696

 

		I.	Loan Amount:

 

Currency: RMB.

 

Amount:
¥[●]

 

		II.	This contract is a dependent legal document between
Loaner and Borrower.

 

		III.	Loan period:

 

The
load period is [●]
months, starting from the [●],
and the maturity date is [●],
2017.

 

		IV.	Loan purpose:

 

1. The purpose of this
loan is to buy raw materials.

 

2. Without written consent
of the Loaner, the Borrower cannot change the loan purpose.

 

		V.	Loan interest rate, interest calculation and interest
settlement:

 

		1.	Loan Prime Rate shall be settled annually.

 

		2.	Loan interest rate = Loan Prime Interest
+[●]%

 

		3.	Interest is calculated since the actual withdrawal date.

 

		4.	Loan interest rate is calculated pursuant to No. [ 2_]

 

		1)	Fixed rate: Loan interest rate of year would be [●]%
without fluctuating during the period of the contract.

 

		2)	Fluctuated rate: the actual withdrawal date (or the first withdrawal
date if installment withdrawal) will be the starting date, and every [●]
months will be a fluctuation period.

 

    	 	1	 

     

    

 

		5.	The [●]
day of each month would be the pay date for loan interest.

 

		6.	All the interest shall be settled prior to the maturity date of the loan under this contract.

 

		7.	If the loan is used in violation of the
purpose of this agreement, the penalty interest will be calculated and the penalty interest will be increased [●]%
of the loan interest under this contract.

 

		8.	If Borrower does not repay the loan on
time and no agreement is reached between the Borrower and the Loaner, the penalty interest will be increased [●]%
of the loan interest under this contract.

 

		VI.	Condition of withdrawal:

 

		1.	Borrower should meet the flowing conditions to withdraw the loan:

 

		a)	Borrow has provided necessary documents to Loaner;

 

		b)	Borrower is legally registered organization and have legal fund to repay the loan.

 

		c)	The purpose of the loan is clear and legal.

 

		d)	Borrower has opened an account for performance of this contract pursuant to the request of Loaner.

 

		e)	Borrower has filled out all necessary forms related to the loan.

 

		f)	Borrower has good standing and has no bad records..

 

		2.	Borrower hereto agrees that: upon execution of this contract,
if borrow does not meet the withdraw condition or loan payment condition, Loaner has the right to terminate the loan or cancel
the contract, Borrower shall take all the responsibilities accordingly.

 

		VII.	Repayment of Loan Principal

 

		1.	The loan principal under this contract shall be fully repaid by one time prior to the maturity
date of the loan under this contact.

 

		2.	If Borrower needs to extend the repayment
date, Borrower shall notify Loaner in writing [●]
days prior to the maturity date of this contract.

 

		3.	If Loaner wants to ask Borrower to repay
the loan in part or in whole prior to the maturity date, Loaner shall notify borrower in writing [●]
days in advance.

 

    	 	2	 

     

    

 

		VIII. 	List of Guarantee Contract

 

		1.	Maximum Guarantee

 

Contract
number: [●]

 

Guarantee Type: Guarantee

 

Guarantor:
[●]

 

		2.	Maximum Individual Guarantee

 

Contract
number: [●]

 

Guarantee Type: Guarantee

 

Guarantor:
[●]

 

		IX.	Miscellaneous:

 

		1.	Any disputes arising from the performance of the contract shall be submitted to the court which
is located in the place where Loaner resides.

 

		2.	This contract is written in 4 copies and each copy has same legal effect.

 

		X.	Supplemental Clause:

 

The following are Additional Guarantee contracts:

 

		7.	Maximum Individual Guarantee Contract

 

Contract
number: [●]

 

Guarantee Type: Guarantee

 

Guarantor:
[●]

 

Borrower: Zhejiang Zhengkang Industrial
Co. Ltd

 

Loaner: Industrial Bank Co Ltd. Wenzhou
Branch

 

Execution
time: [●]

 

Execution time: Wenzhou

 

    	 	3Exhibit 10.13

 

Liquid Capital Loan Contract of Agricultural
Bank of China

 

(Contract
No. :  [●])

 

Borrower: Zhejiang Zhengkang Industrial
Co. Ltd

 

Address: No. 678 Dingxiang Road, Binhai Industrial
Park, Economic & Technology Development Zone, Wenzhou, Zhejiang Province, People’s Republic of China 325025

 

Loaner: Agricultural Bank of China.
Wenzhou Longwan Branch

 

Phone:
[●]

 

		I.	Loan Amount:

Currency: RMB.

Amount:
¥[●]

 

		II.	Loan period: 

 

The
loan period is [●]
year, starting from the [●],
and the maturity date is [●].

 

		III.	Loan purpose: 

 

The purpose of this loan
is for capital turnover.

 

		IV.	Loan interest rate, interest calculation and interest settlement:

 

		1.	Loan Prime Rate shall be adjusted annually.

		2.	Loan interest rate is calculated pursuant to No. [ 1 ]

 

		1)	Fixed rate: Loan interest rate is calculated pursuant to the LPR
                                                                                                                               published by People’s Bank on the date one business day prior to execution of this contract plus [●]bp.
                                                                                                                               and the annual interest rate is [●]%
                                                                                                                               until the maturity date.

 

		2)	Fluctuated rate: the actual withdrawal date (or the first withdrawal
date if installment withdrawal) will be the starting date, and every [●]
months will be a fluctuation period.

 

		3.	Loan Interest Rate shall be settled monthly.
The [●]th
of each month would be interest settlement date. Borrower shall pay loan interest on the date of interest settlement.

 

    	 	1	 

     

    

 

		4.	If the loan is used in violation of the
purpose of this agreement, the penalty interest will be calculated and the penalty interest will be increased [●]%
of the loan interest under this contract.

 

		5.	If Borrower does not repay the loan on
time and no agreement is reached between Borrower and Loaner, the penalty interest will be increased [●]%
of the loan interest under this contract.

 

		6.	Compound interest: if Borrower fails to pay the loan interest, Borrower needs to pay the compound
interest since the breach date on monthly basis.

 

		V.	Repayment of Loan Principal

 

		1.	Borrower shall deposit the loan due on the account appointed by Loaner one day prior to the maturity
day and irrevocably authorize Loaner to transfer the funds away.

 

		2.	If Borrower needs to extend the repayment
date, Borrower shall submit an application to Loaner [●]
days prior to the maturity date of this contract. Upon Loaner’s approval, Borrower can execute an agreement to extend the
maturity date.

 

		3.	If Borrower wants repay the loan prior
to the maturity date, Borrower shall notify borrower in writing [●]
days in advance. If both parties reach the agreement, Borrower can repay the loan before the maturity date pursuant to the provisions
of this contract.

 

		VI.	Guarantee

 

		1.	The guarantee type for performance of this contract is pledge.

 

		2.	The contract number of Maximum Guarantee
Contract is [●].

 

		VII.	Miscellaneous:

 

		1.	Any disputes arising from the performance of the contract shall be submitted to the court located
in the place where Loaner resides.

 

		2.	This contract is written in 3 copies and each copy has same legal effect.

 

Borrower: Zhejiang Zhengkang Industrial
Co. Ltd

 

Loaner: Agricultural Bank of China.
Wenzhou Dragon Bay Branch.

 

Execution
time: [●]

 

    	 	2

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