SEC Contract Filing

Filing Date: 2019-05-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.20
<SEQUENCE>22
<FILENAME>s117988_ex10-20.htm
<DESCRIPTION>EXHIBIT 10.20
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #221E20; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
10.20</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt; color: #221E20"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Vehicle
Consignment Agreement</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left; color: #221E20"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ID
No.:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left; color: #221E20"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Trustee:
JV staff (&ldquo;Party B&rdquo;)</B></FONT></P>

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No.: <B>ID No.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left; color: #221E20"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Address:
<B>Actual correspondence address</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left; color: #221E20"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Telephone:
<B>Actual telephone No.</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; color: #221E20; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">According
to the <I>&ldquo;Contract Law of the People&rsquo;s Republic of China&rdquo;</I> and other relevant laws and regulations, Party
A and Party B, on the principle of equality, voluntariness and friendly cooperation and with the consensus after negotiation,
reached the following agreements:</FONT></P>

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<TD STYLE="width: 0.3in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>1</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Entrustment</B></FONT></TD>
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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; color: #221E20; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.3in; text-align: left"></TD><TD STYLE="width: 0.3in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.1</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Party
 A hereby entrusts Party B to purchase motor vehicles (&ldquo;<B>Vehicle</B>&rdquo; or
 &ldquo;<B>Vehicles</B>&rdquo;) on its behalf. Party B hereby agrees to accept the entrustment
 of Party A and strictly follows the requirements of Party A to handle the entrustment.</FONT></TD>
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