Sales Contract for Coal Tar between Taiyuan Dongsheng Coking & Gas Co., Ltd and Taiyuan Hongxing Carbon Black Co., Ltd (2008)

Summary

This contract is between Taiyuan Dongsheng Coking & Gas Co., Ltd (seller) and Taiyuan Hongxing Carbon Black Co., Ltd (purchaser) for the monthly sale of 1,200 tons of coal tar at a price of 2,300 RMB per ton, with delivery terms and timing to be negotiated. The purchaser is responsible for transportation, and product quality is determined by the seller's laboratory. The contract is valid from January 1, 2008, to December 31, 2008. Disputes or unspecified issues will be resolved through negotiation or according to Chinese contract law.

EX-10.31 35 ex10-31.htm ex10-31.htm

Exhibit 10.31

Sales contract of Industrial Products

Seller: Taiyuan Dongsheng Coking & Gas Co., Ltd Place of signing contract: Qingxu: Taiyuan

Purchaser: Taiyuan Hongxing Carbon Black Co., Ltd Date of signing contract: January 1, 2008

1. Product information

Name	Unit	Amount per month	Price	Amount	Delivery Time
Coal Tar	Ton	1200	2300		On negotiation
Total Amount(RMB):

2. Metallurgical Quality Standard: YB/T5075-93, TOL Insoluble Substance 3.5%-7.0%, Ad <=0.13%, Moisture<=4%, CPS<=5%, Density P20g/m 1.15-1.21

3. Means and Place of Delivery: Purchaser on its own transport

4. Acceptance criteria: Subject to seller’s laboratory test report

5. Settlement: Based on actual trading amount

6. Default responsibility: It shall be settled according to the contract law of PRC

7. The contract come into force upon signing.

8. Valid period: From January 1, 2008 to December 31, 2008

9. Others: It shall be settled through negotiation for unspecified issues, and it shall inform the purchaser if there is a change in price.

Seller	Purchaser
Seller (seal) Address Legal representative Tel Opening bank Bank account Zip Code	Purchaser (seal) Address Legal representative Tel Opening bank Bank account Zip Code