Document:

Industrial
Bank’s Short-term Loan Contract

    

    Xing Yin
Gan Gong Ye— Liu Zi

    Serial
No.: 20080006

     

    Lender:
Nanchang Branch, Industrial Bank

    Add:
_______________________________________

    Post
Code: ________________________ Telefax: ____________________

    Tel           :
________________________ Fax      :
____________________

    

    Borrower:
Guixi Yixin Copper Co. Ltd.

    Add:
Guixi Industrial Park

    Post
Code:
335400                                    
Telefax: ____________________

    Tel          
:
0701-3338999                          Fax   
  : ____________________

    

    Signed
in: _______________________

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    To meet
capital need for business, the Borrower applies to Lender for short-term loan,
and the Lender agrees to issue the loan to the Borrower. In order to clarify
responsibilities and duties and keep creditability, after negotiation in good
faith and subject related national laws and regulations, the Lender and Borrower
have formulated this Contract to regulate the both parties.

    

    Article
1 Sum Amount of Loan

    

    The
Lender agrees to issue the Borrower with loan amounting 15 million RMB (Fifteen
Million RMB).

    

    Article
2 Usage of Loan

    

    The loan
will be used for production and business.

    

    Article
3 Term of Loan

    

    
      	
              1.

            	
              The
      term of the loan is 12 (twelve) months from Sep. 27, 2008 as the date of
      beginning to Sep. 27, 2009 as the date of
  expiry.

            

    

    

    
      	
              2.

            	
              The
      date that the loan is paid shall be in accordance with the date recorded
      in the borrowing voucher. In the event the date on which the loan is paid
      is later than the date recorded on the borrowing voucher above, then the
      expiry of the term of loan will be delayed
  accordingly.

            

    

    

    
      	
              3.

            	
              The
      plan to use the loan is as the
following:

            

    

    

    ________
RMB on ____/____/____; ________ RMB on ____/____/____;

    ________
RMB on ____/____/____; ________ RMB on ____/____/____;

    ________
RMB on ____/____/____; ________ RMB on ____/____/____;

    

    The
lender will transfer the loan by times according to the amount and date
regulated above to the bank account designated by the Borrower.

    

    If the
loan is used through several times, the same date included in the first line
above will be the date of expiry.

    

    
      	
              4.

            	
              In
      the event the Lender recalls the loan according to Article 9 under this
      Contract, it shall be deemed that the date of expiry is advanced
      accordingly.

            

    

    

    Article
4 Loan Interest Rate and Manner of Interest Calculation

    

    
      	
              1.

            	
              After
      negotiation, the two parties agree to adopt B in the following as
      the standard of loan interest
rate:

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      
        	
              	
                A.

              	
                Fixed
      interest rate which will not be influenced by the change of interest rate
      made by the central bank, and the annual interest is _____
    %;

              

      

    

    
      
        	
              	
                B.

              	
                The
      floating interest rate of type b below will be adopted,
      which will be adjusted according to the change of benchmarking interest
      rate of the same period and same type of loan made by the central
      bank:

              

      

    

    
      
        	
              	
                a.

              	
                The
      interest rate will be adjusted every month. The annual interest rate will
      be ____% higher or ____% lower than the benchmarking interest rate of the
      same period and same type of loan launched by the central
      bank;

              

      

    

    
      
        	
              	
                b.

              	
                The
      interest rate will be adjusted every three months. The annual interest
      rate will be ____% higher or ____% lower than the benchmarking interest
      rate of the same period and same type of loan launched by the central
      bank;

              

      

    

    
      
        	
              	
                c.

              	
                The
      interest rate will be adjusted every six months. The annual interest rate
      will be ____% higher or ____% lower than the benchmarking interest rate of
      the same period and same type of loan launched by the central
      bank;

              

      

    

    
      
        	
              	
                d.

              	
                The
      interest rate will be adjusted every twelve months. The annual interest
      rate will be ____% higher or ____% lower than the benchmarking interest
      rate of the same period and same type of loan launched by the central
      bank;

              

      

    

    

    
      	
              2.

            	
              After
      negotiation, the two parties to adopt B in the following as
      the manner of interest calculation:

            

    

    
      
        	
              	
                A.

              	
                The
      interest will be calculated every month, and the 20th
      day of each month will be the due date to pay the interest, on which the
      Borrower shall pay the interest to the Lender every month and discharge
      the residual interest on the date of
expiry.

              

      

    

    
      
        	
              	
                B.

              	
                The
      interest will be calculated every three months, and the 20th
      day of the last month of each quarter will be the due date to pay the
      interest, on which the Borrower shall pay the interest to the Lender and
      discharge the residual interest on the date of
  expiry.

              

      

    

    
      
        	
              	
                C.

              	
                The
      Borrower shall discharge all the interest on the date of
      expiry.

              

      

    

    
      
        	
              	
                D.

              	
                Other
      manner(s):
    _________________________________________________.

              

      

    

    

    Article
5 Penalty and Compound Interest

    

    
      	
              1.

            	
              In
      case the Borrower fails to use the loan according to the usage regulated
      under the Contract, or fails to settlement repayment and fails to reach
      agreement with the Lender on moratorium (which means the Borrower’s
      default to repay on time), then the Lender has the right to charge for
      penalty according to the rate of penalty regulated under the Contract on
      the loan misused or delayed to be paid. In case the Borrower fails to pay
      the interest due, the Lender has the right to charge compound interest
      according to the rate of penalty regulated under the
    Contract.

            

    

    

    
      	
              2.

            	
              In
      case the Borrower fails to repay on time or fails to draw agreement with
      the Lender on moratorium, it shall be deemed as the Borrower’s default to
      the Contract as payment delay, and the Borrower shall pay the Lender of
      penalty according to the rate in B
  below:

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      
        	
              	
                A.

              	
                If
      the fixed rate is adopted as the interest rate of the loan, the penalty
      and compound interest of the delayed period will be charged according to a
      fixed rate also, which is ___% higher than the interest rate of the
      loan;

              

      

    

    
      
        	
              	
                B.

              	
                If
      the floating rate is adopted as the interest rate of the loan, the penalty
      and compound interest of the delayed period will be charged according to a
      flowing rate also, which is 50% higher than the interest rate of the loan,
      and the floating period during the delayed period is still the
      same.

              

      

    

    

    
      	
              3.

            	
              In
      case the Borrower fails to use the loan according to the usage regulated
      in the Contract, it shall be deemed as the Borrower’s default to the
      Contract as misuse, the  rate of penalty in B below will be
      adopted:

            

    

    
      
        	
              	
                A.

              	
                If
      the fixed rate is adopted as the interest rate of the loan, the penalty
      and compound interest of the misuse period will be charged according to a
      fixed rate also, which is ___% higher than the interest rate of the
      loan;

              

      

    

    
      
        	
              	
                B.

              	
                If
      the floating rate is adopted as the interest rate of the loan, the penalty
      and compound interest of the misuse period will be charged according to a
      flowing rate also, which is 100% higher than the interest rate of the
      loan, and the floating period during the delayed period is still the
      same.

              

      

    

    

    
      	
              4.

            	
              The
      calculation method and payment manner of compound interest will be in
      accordance with the calculation method and payment manner of interest rate
      regulated under the Contract.

            

    

    

    Article
6 Repayment of Principal and Interest of the Loan

    

    
      	
              1.

            	
              The
      Borrower shall repay the principal and interest to the Lender according to
      the date(s) regulated in the
Contract.

            

    

    

    
      	
              2.

            	
              If
      repayment of principal or interest ahead of schedule, the Borrower shall
      inform the Lender in advance and obtain the consent of the Lender. When
      the Borrower repays the principal or interest ahead of schedule, the
      Borrower has the right to charge interest according to term of the loan
      regulated under the Contract;

            

    

    

    
      	
              3.

            	
              Hereby
      the Borrower irrevocably authorizes the Lender to deduct principal and
      interest directly from any of the Borrower’s bank accounts without the
      need to follow legal procedure, in case of occurrence of any of the
      situations described in Article 9 or Article 10 included in the
      Contract.

            

    

    

    Article
7 Guarantee

    

    The
contracts listed below are together a guarantee contract of this
Contract:

    
      	
              1.

            	
              Serial
      No.: Xing Yin Gan Gong Ye—Gao Di Zi No. 20080008, Biggest Amount Mortgage
      Contract, the type of guarantee is of mortgage and the guarantor is
      Guixi Yixin Copper Co. Ltd.;

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              2.

            	
              Serial
      No.: Xing Yin Gan Gong Ye—Gao Di Zi No. 20080009, Biggest Amount Mortgage
      Contract, the type of guarantee is of mortgage and the guarantor is
      Guixi Yixin Copper Co. Ltd.;

            

    

    
      	
              3.

            	
              Serial
      No.: ____________________________________________, _______________, the
      type of guarantee is ___________ and the guarantor is
      _________________;

            

    

    

    Article
8 Declaration and Promise

    

    
      	
              1.

            	
              Hereby,
      the Borrower declares to the Lender
that:

            

    

    
      
        	
              	
                1)

              	
                The
      Borrower is of an entity of juridical person or other economic
      organization registered subject to laws and exists and will exist legally
      with the right to sign and implement this
  Contract.

              

      

    

    
      
        	
              	
                2)

              	
                The
      Borrower has obtained authorization by its Directorate or corresponding
      top power division for the loan under the Contract and complied with laws,
      regulations, policies, and its Constitution applicable to the Borrower. In
      case the Borrower signs this Contract by breaching the Constitution or
      other regulations of the company, the Borrower will take the full
      obligation which is irrelative to the
Lender.

              

      

    

    
      
        	
              	
                3)

              	
                Except
      for those described in the materials provided to the Lender, the Borrower
      neither has any mortgage, impawn, lien, or other debt related to its
      assets or benefits, nor involves in on-going lawsuit, arbitration, or
      bankruptcy procedure.

              

      

    

    
      
        	
              	
                4)

              	
                The
      Borrower does not hide from the Lender any of the following matters that
      have occurred or will occur and would incur Lender’s refuse to issue the
      loan:

              

      

    

    
      
        	
              	
                 ̈

              	
                Significant
      default to regulation, default to law, or claim of compensation charged by
      a third party related to the Borrower or its major
  leaders;

              

      

    

    
      
        	
              	
                 ̈

              	
                On-going
      lawsuit or arbitration;

              

      

    

    
      
        	
              	
                 ̈

              	
                Borrower’s
      debt, or guarantee, mortgage, impawn, or guarantee of Borrower’s debt or
      any of those provided to a third
party;

              

      

    

    
      
        	
              	
                 ̈

              	
                Borrower’s
      default to a Contract signed with a
creditor;

              

      

    

    
      
        	
              	
                 ̈

              	
                Other
      conditions that would affect the Borrower’s financial condition or ability
      to discharge debts.

              

      

    

    

    
      	
              2.

            	
              Hereby,
      the Borrower promises to the Lender
that:

            

    

    
      
        	
              	
                1)

              	
                The
      Borrower will provide true documents, sheets, and vouchers and other
      materials according to the requirement of the
  Lender;

              

      

    

    
      
        	
              	
                2)

              	
                The
      Borrower will open bank account for settlement at the Lender’s office and
      receive the loan and pay the payable through such bank
      account;

              

      

    

    
      
        	
              	
                3)

              	
                The
      Borrower will use the loan according to the usage regulated in the
      Contract and will not use it for other purposes, including equity
      investment, or buying or selling of securities, futures, or realties or so
      on, or lending to other companies or illegal activities banned by the
      government; or other types of misuse of the
  loan.

              

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      
        	
              	
                4)

              	
                The
      Borrower will accept and assist the Lender’ supervision and inspection to
      the Borrower’s use of the loan and conditions of operations, financial
      activities, inventory, assets and liabilities, bank deposit, and cash
      reserves and so on.

              

      

    

    
      
        	
              	
                5)

              	
                The
      Borrower will provide sufficient and effective guarantee acceptable to the
      Lender;

              

      

    

    
      
        	
              	
                6)

              	
                The
      Borrower will not decrease the registered capital through any
      manner;

              

      

    

    
      
        	
              	
                7)

              	
                The
      Borrower will not transfer the debt under the Contract to a third party
      partially or wholly without prior written consent of the
      Lender;

              

      

    

    
      
        	
              	
                8)

              	
                The
      Borrower will communicate with the Lender for approval prior to its
      significant change of equity structure or adjustment of business types,
      including but not limited to signing of contract with foreign companies,
      or those from Hong Kong SAR, Macau SAR, or Taiwan province for joint
      venture or partnership; dismiss or close of the company, stop of
      production, or change of product types; split, merger, acquisition, or
      being acquired; restructure or construction of or reconstruction to a
      stock limited company; investment of fixed assets like houses or machines
      or intangible assets like trademarks, patents, proprietary technologies,
      or land use right to a third party stock limited company or investment
      company; or transaction of equity or business right through leasing,
      contracting, joint-operations, or committed
  custody.

              

      

    

    

    Article
9 Recall of Loan Ahead of Schedule

    

    In case
of occurrence of any of the situations during the term of the loan, the Lender
has the right to recall the loan ahead of schedule. In the event of recall of
loan ahead of schedule, the Lender has the right to deduct corresponding amount
directly from any of the Borrower’s bank accounts:

    
      	
              1)

            	
              The
      Borrower fails to pay the interest due on
  schedule;

            

    

    
      	
              2)

            	
              The
      Borrower suffers economic loss or fast decrease of economic
      benefit;

            

    

    
      	
              3)

            	
              The
      Borrower involves or will involve in lawsuit, arbitration, or other legal
      dispute;

            

    

    
      	
              4)

            	
              The
      Borrower provides fraud materials;

            

    

    
      	
              5)

            	
              The
      Borrower misuses the loan for other purposes (which means the Borrower
      fails to use the loan according to the usage regulated under the
      Contract);

            

    

    
      	
              6)

            	
              The
      Borrower refuses the Lender to supervise or inspect its business or
      financial conditions or refuses to provide related
    materials;

            

    

    
      	
              7)

            	
              The
      Borrower experiences significant change of human
  resource;

            

    

    
      	
              8)

            	
              The
      Borrower’s other conditions that would affect the safety of the loan
      received.

            

    

    

    Article
10 Obligation of Default

    

    
      	
              1.

            	
              In
      case of occurrence of any of the following situations, it shall be deemed
      as the Borrower’s default to the
Contract:

            

    

    
      
        	
              	
                1)

              	
                The
      Borrower fails to pay principal or interest due according to the
      provisions of the Contract;

              

      

    

    
      
        	
              	
                2)

              	
                The
      Borrower fails to follow the declarations or promises made under Article 8
      of the Contract;

              

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      
        	
              	
                3)

              	
                The
      Borrower breaches other terms included in the
  Contract.

              

      

    

    

    
      	
              2.

            	
              In
      case of the Borrower’s default, the Lender has the right to take one or
      many of the measures as follows to:

            

    

    
      
        	
              	
                1)

              	
                require
      the Borrower to make up the default within regulated
    period;

              

      

    

    
      
        	
              	
                2)

              	
                stop
      to provide loan to the
Borrower;

              

      

    

    
      
        	
              	
                3)

              	
                dismiss
      this Contract and require the Borrower to discharge the principal due or
      undue and interest not paid;

              

      

    

    
      
        	
              	
                4)

              	
                require
      the Borrower to pay penalty in case of payment
  delay;

              

      

    

    
      
        	
              	
                5)

              	
                require
      the Borrower to pay penalty in case of misuse of the
  loan;

              

      

    

    
      
        	
              	
                6)

              	
                require
      the Borrower to pay compound interest for the interest not
      paid;

              

      

    

    
      
        	
              	
                7)

              	
                deduct
      the principal and interest owed from any of the Borrower’s bank accounts;
      and the Lender has the right to determine the amount of principal and
      interest in the currency the same as currency of the loan according to the
      exchange rate of the day if the Borrower’s deposit is not in the such
      currency;

              

      

    

    
      
        	
              	
                8)

              	
                claim
      for payment of principal and interest by legal means; and the Borrower
      shall bear all the expenses related to legal
  procedures.

              

      

    

    

    
      	
              3.

            	
              The
      Lender shall compensate the Borrower for its loss in case the Lender fails
      to provide the loan according to the date(s) and amount(s) regulated in
      the Contract.

            

    

    

    
      	
              4.

            	
              In
      case of occurrence of any of the situations of the guarantors (namely
      warrantor, mortgager, impawning person), the Lender has the right to take
      the measures regulated above:

            

    

    
      
        	
              	
                1)

              	
                The
      warrantor breaches the Guarantee Contract, or the warrantor’s credit is
      deteriorated, or the warrantor’s ability of guarantee is
      weakened;

              

      

    

    
      
        	
              	
                2)

              	
                The
      mortgager breaches the Mortgage Contract or damages the mortgaged subject
      purposely, or the value of the mortgaged subject would decrease or has
      decreased considerably, or the mortgager’s activity damages the right of
      the Lender towards the
mortgage;

              

      

    

    
      
        	
              	
                3)

              	
                The
      impawning person the Impawning Contract, or the value of impawned subject
      would decrease or has decreased considerably, or the right of impawning
      must be met before discharge of the loan, or the impawning person’s
      activity damages the right of the Lender towards the
    mortgage.

              

      

    

    

    Article
11 Waive of Right and Fulfillment of Duties

    

    
      	
              1.

            	
              Except
      for special regulations in the Contract, duties of the Borrower under the
      Contract are independent and are not affected by the relationship of
      either of the Lender or Borrower with a third
  party.

            

    

    

    
      	
              2.

            	
              The
      Lenders’ allowance, period extension, or discount to the Borrower or the
      stay of the Lender to execute any of its rights shall not affect, damage,
      or limit the Borrower to enjoy all interests according to laws,
      regulations and this Contract, and shall not be deemed as the Lender’s
      waive to any of its rights and interests under the Contract, and shall not
      affect any of the Borrower’s duties under the
  Contract.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Article
12 Jurisdiction

    

    The laws
of the People’s Republic of China will be adopted to regulate the signing, legal
effect, interpretation, implementation, and solving of disputes of the Contract.
During the implementation, the two parties may negotiate to solve or initiate
lawsuit to the Lender’s local People’s Court for any of the disputes due to
implementation of the Contract or related to the Contract.

    

    Article
13 Notice

    

    
      	
              1.

            	
              All
      of the notices and written communications under the Contract shall be sent
      to the other party according to the addresses, or numbers of telefax, or
      others written down in the cover page of the
  Contract.

            

    

    

    
      	
              2.

            	
              In
      the event of change of contact information, the party shall inform the
      other party immediately.

            

    

    

    
      	
              3.

            	
              The
      notice or written communication shall be deemed as arrival on the days
      below if sent according to the contact information above (the new address
      will be adopted if changed):

            

    

    
      
        	
              	
                1)

              	
                If
      letter, the registered letter is deemed as arrival on the fifth ‘working
      day’ after sending;

              

      

    

    
      
        	
              	
                2)

              	
                If
      telefax, it is deemed as arrival when receiving the confirmation of the
      other party;

              

      

    

    
      
        	
              	
                3)

              	
                If
      sending by person, it is deemed as arrival on the day the receiver
      signs.

              

      

    

    

    
      	
              4.

            	
              Both
      the Lender and the Borrower agree that each other’s official stamp,
      office-use stamp, financial stamp, contract-use stamp, and
      sending-and-receiving stamp and the Lender’s loan-use stamp shall be the
      only effective stamps for notices, letters, and other written
      communications. The Lender’s department heads and above and all other
      staffs all have the right to sign and receive notices and written
      communications.

            

    

    

    Article
14 Effective Period

    

    The
Contract will go to effect when any of the following situations
happens:

    

    
      	
              1)

            	
              The
      two parties both sign or stamp the
Contract;

            

    

    
      	
              2)

            	
              The
      guarantee contract, mortgage contract, or impawning contract, if so,
      becomes effective;

            

    

    
      	
              3)

            	
              The
      procedure of notarization of the Contract is finished legally, if the
      Lender requires to make the Contract
notarized;

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    The
Contract will become ineffective automatically after the principal and interest
under the Contract have been discharged.

    

    Article
15 Text

    

    There are
____ originals of the Contract, the Lender, the Borrower and the notarization
office, and the number of duplicates will depend on the real need.

    

    Article
16 Additional Terms

    
      
        

          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            	
                                                    Lender
      (official stamp):

                                                  	
                                                    Juridical
      Person or Representative(signature or stamp):

                                                  
	 
      
	 
	 
	
                                                    Industrial
      Bank Co., Ltd. Nanchang Branch

                                                  	
                                                    Zhen
      Zhiming

                                                  
	 	 
	 	 
	 	 
	 
      
	
                                                    Date:                                 
      

                                                  
	
                                                    Borrower
      (official stamp):

                                                  	
                                                    Juridical
      Person or Representative(signature or stamp):

                                                  
	 
      
	 
	 
	 
	
                                                    Guixi
      Yixin Copper Co., Ltd.

                                                  	
                                                    Hu
      Shihong

                                                  
	 	 
	 	 
	 
      
	
                                                    Date:Contract
of mortgage of maximum amount

      

      Xin Ying
Gan Gong Ye- Gao Di

       

      Serial
No. : 20080008

      

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

       

      Head:
_________________________

       

      Domicile:
______________________

       

      Post
Code: _____________________

       

      Telex: ____________________

       

      Contact
Number: ______________

       

      Fax: ____________________

       

       

      Mortgagee: Guixi
Yixin Copper Co., Ltd.

       

      Legal
Representative: ____________

       

      Domicile:
_____________________

       

      Post
Code: ____________________

       

      Telex: ____________________

       

      Contact
Number: _______________

       

      Fax: ____________________

       

       

       

      Signing
location:_________________________

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      In order
to ensure the settlement of the debts successively arising within particular
period between the mortgager ( referred to as the “creditor”) and the debtor
Guixi Yixin Copper
Co., Ltd., the mortgagee is voluntary to provide guarantee to the
mortgager 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
mortgagee 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 mortgager and the debtor, the mortgagee 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
mortgager practices balance control to the credit of the debtor. The balance
means the debt balance sum of the debtor to the mortgager 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 mortgager 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 mortgager 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.

      
        
          1.
Mortgage Nme:_______ Serial No.:__________ Type:__________ Currency:__________
Amount:____________ Interest Rate:__________ Period:_________

          2.
Mortgage Nme:_______ Serial No.:__________ Type:__________ Currency:__________
Amount:____________ Interest Rate:__________ Period:_________

          3.
Mortgage Nme:_______ Serial No.:__________ Type:__________ Currency:__________
Amount:____________ Interest Rate:__________ Period:_________

           

        

      

      Article
3 Mortgage value period of validity

      (1) The
mortgage value period of validity is from September 27, 2008 to Sep. 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 _Nine
million yuan only.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      ii. In
the mortgage maximum principal limit, irrespective of the time and each amount
of the credits between the mortgager 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 mortgagee.

      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 mortgagee and the mortgager 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 Sep. 27, 2008 to Sep 27, 2009. When the mortgage
period expires but the debtor does not clear the debt:

      
        	
                1.

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

              

      

      
        	
                2.

              	
                The
      mortgagee 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 mortgagee agrees to receive the inspection on mortgaged
property from mortgager at any time.

      2. The
mortgagee 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 mortgager is entitled to levy and occupy the yields of
guaranty.

      

      Article
9 Insurance of guaranty

      
        	
                1.

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

              

      

      
        	
                2.

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

              

      

      
        	
                3.

              	
                Mortgager
      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 mortgager will have the right of recourse
      against the debtor.

              

      

      

      Article
10 Mortgage registration

      
        
          	
                  1.

                	
                  Within 1 working days
      after signing the contract, mortgagee 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
      mortgagee, the related registration documents will be occupied by
      mortgager.

                

        

      

      
        
          	
                  3.

                	
                  The
      mortgagee will transact the mortgage registration at maximum amount for
      guaranty, which is effective for each debt in the maximum amount, and the
      mortgagee 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 mortgagee 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 mortgagee, except as otherwise stipulated by
contracting parties.

      

      Article
12 Realization of hypothec

      
        
          	
                  1.

                	
                  If
      one of the following circumstances occurs, the mortgager will be
      authorized to directly dispose the guaranty by the mortgagee (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 mortgagee):

      (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 mortgager is needed to collect the mortgaged debts in
advance;

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

      
        
          	
                  2.

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

                

        

      

      

      
        Article
13 Statement and promise of the mortgagee

      

      
        
          	
                	
                  1.

                	
                  Mortgagee
      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
      mortgagee 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
      mortgagee 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 mortgagee and other
      people, and not violating any other document, agreement and promise
      contents which have restraining force to
  mortgagee.

                

        

      

      
        
          	
                	
                  4.

                	
                  The
      mortgagee will provide all exact, true, complete and valid documents,
      data, reports and vouchers to the mortgager, and will receive mortgager’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 mortgagee, can not be circulated
      or is limited to be
circulated.

                

        

      

      
        
          	
                	
                  6.

                	
                  Mortgagee
      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 mortgagee shall take full
      legal responsibilities caused by the right disputes of the
      guaranty.

                

        

      

      
        
          	
                	
                  7.

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

                

        

      

      
        
          	
                	
                  8.

                	
                  The
      mortgagee has already recognized all the items of the contract fully, and
      has paid more attention to the items in boldface of the contract. The
      mortgager has provided necessary interpretations to the articles of the
      contract on the require of mortgagee, and the mortgagee 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 mortgagee will immediately notify
      the mortgager in written within 3 days after the happening of the event.
      If the mortgagee does not notify the mortgager in time, the mortgager will
      have right to require the mortgagee to assume the responsibility of breach
      to contract.

                  

          

        

      

      
        
          
            	
                  	
                    10.

                  	
                    Mortgagee
      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 mortgagee and any payment requirement from the mortgager under the
      contract, the mortgagee will agree the debtor to pay mortgager’s debts
      preferentially.

                  

          

        

      

      
        
          
            	
                  	
                    11.

                  	
                    If
      the debtor and the mortgagee 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 mortgager 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 mortgagee should immediately adopt measures to prevent the loss from
      further enlargement, and in time notify the mortgager in
      written.

                  

          

        

      

      
        
          
            	
                  	
                    13.

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

                  

          

        

      

      
        
          
            	
                  	
                    14.

                  	
                    Before
      completing the settlement of mortgaged debts, the mortgagee 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
  mortgager.

                  

          

        

      

      
        
          
            	
                  	
                    15.

                  	
                    When
      the main debtor does not carry out the debts legally, no matter whether
      the mortgager 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 mortgagee will take
      full security
liabilities.

                  

          

        

      

      

      Article
14 Mortgager’s rights

      
        
          	
                  1.

                	
                  Mortgager
      has right to require the mortgagee 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 mortgagees, the mortgager has right to dispose any
      or each mortgagee’s guaranty when implementing the
    hypothec.

                

        

      

      
        
          	
                  3.

                	
                  When
      the main debtor does not carry out the debts legally, no matter whether
      the mortgager 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), mortgager shall have right
      to directly require the mortgagee 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 mortgagee has right to transfer partial or full obligatory
      rights and the corresponding hypothec without the prior consent of
      mortgagee.

              

      

      

      Article
15 Alteration of main contract under mortgage

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

      

      Article
16 Liability for breach of contract

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

      
        	
                (1)

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

              

      

      
        	
                (2)

              	
                Request
      the mortgagee 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 mortgagee to compensate for
losses;

              

      

      
        	
                (5)

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

              

      

      

      Article
17 Independence of warrantor’s obligations

      
        	
                (1)

              	
                The
      mortgagee 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
      mortgagee shall not be affected.

              

      

      
        	
                (2)

              	
                The
      obligations of the mortgagee 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:

              

      

      
        
        

      

      
        
        

      

      
        
        

      

      
        
          	
                   
      

                	
                   ̈

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

                

        

        
          	
                   
      

                	
                   ̈

                	
                  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.

                

        

        
          	
                   
      

                	
                   ̈

                	
                  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:

              

      

      
        	
                 
      

              	
                 ̈

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

              

      

      
        	
                 
      

              	
                 ̈

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

              

      

      
        	
                 
      

              	
                 ̈

              	
                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 mortgagee name, legal representative, address
and other matters is not notified to the mortgager in writing, that the
mortgager delivers all notices or documents to the mortgagee 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 mortgagee shall handle
      legitimate registration procedure in conjunction with the mortgager
      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 mortgager to the debtor and warrantor shall not harm, affect or
      limit all rights and interests enjoyed by the mortgager 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 mortgager under the contract, and shall not affect any
      obligation of the mortgagee 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 mortgager 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

      
        
          	
                    Mortgager
      (official seal):

                   

                    Industrial
      Bank Co., Ltd. Nanchang Branch

                   

                    Head
      or authorized agent (seal): Zheng Zhiming

                   

                  
                    Date:                              

                     

                  

                
	
                    Mortgagee
      (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

                	
                    Property
      Rights

                
	
                    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)

                	
                    18325.86

                   

                
	
                    Structure

                	 
      	
                    Floor
      

                    number

                	 
      	
                    Level  

                	 
      
	
                    Construction
      

                    cost
      (RMB Yuan)

                	 
      	
                    Present
      value 

                    (RMB
      Yuan)

                	 
      
	
                    Property
      

                    certificate
      

                    number

                	
                    Gui
      Fang Luo Ta Zi No.20083365--20083369; 20083372;
20083373

                
	
                    Issuing
      authority

                	 
      
	
                    Issuing
      date

                	 
      
	
                    Insurance
      type

                	 
      

        

      

       

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

      

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

      

      Bank
operator (signature):

      

      Filling
date:                            

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      Annex 2
:

      Uner the
No.____________ Mortgage Contract at Maximum Amount:

      

      Guaranty
List (Intangible Assests)

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    
                                                                      
                                                                        
                                                                          
                                                                            
                                                                              
                                                                                
                                                                                  
                                                                                    
                                                                                      
                                                                                        
                                                                                          
                                                                                            
                                                                                              
                                                                                                
                                                                                                  
                                                                                                    
                                                                                                      
                                                                                                        
                                                                                                          
                                                                                                            
                                                                                                              
                                                                                                                
                                                                                                                  
                                                                                                                    
                                                                                                                      
                                                                                                                        
                                                                                                                          
                                                                                                                            
                                                                                                                              
                                                                                                                                
                                                                                                                                  
                                                                                                                                    
                                                                                                                                      
                                                                                                                                        
                                                                                                                                          	
                                                                                                                                                  Guaranty
      Name

                                                                                                                                                	 
      	
                                                                                                                                                  Unit

                                                                                                                                                	 
      	
                                                                                                                                                  Quantity

                                                                                                                                                	 
      	
                                                                                                                                                  Quality

                                                                                                                                                	 
      	
                                                                                                                                                  Domicile

                                                                                                                                                	 
      	
                                                                                                                                                  Owner

                                                                                                                                                	 
      	
                                                                                                                                                  User

                                                                                                                                                	 
      	
                                                                                                                                                  Service
      Life

                                                                                                                                                	 
      	
                                                                                                                                                  Cost
      (¥)

                                                                                                                                                	 
      	
                                                                                                                                                  Present
      Value (¥)

                                                                                                                                                	 
      	
                                                                                                                                                  Insurance

                                                                                                                                                
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

                                                                                                                                        

                                                                                                                                      

                                                                                                                                    

                                                                                                                                  

                                                                                                                                

                                                                                                                              

                                                                                                                            

                                                                                                                          

                                                                                                                        

                                                                                                                      

                                                                                                                    

                                                                                                                  

                                                                                                                

                                                                                                              

                                                                                                            

                                                                                                          

                                                                                                        

                                                                                                      

                                                                                                    

                                                                                                  

                                                                                                

                                                                                              

                                                                                            

                                                                                          

                                                                                        

                                                                                      

                                                                                    

                                                                                  

                                                                                

                                                                              

                                                                            

                                                                          

                                                                        

                                                                      

                                                                    

                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

       

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

      

      Mortgagor  (official
seal):

      

      Bank
operator (signature):

      

      Filling
date:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00151-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00151-of-00352.parquet"}]]