Loan Agreement between Changzhou City Wujin Best Electronic Cables Co., Ltd. and Wujin Agriculture Bank

Contract Categories: Business Finance Loan Agreements
Summary

Changzhou City Wujin Best Electronic Cables Co., Ltd. entered into a loan agreement with Wujin Agriculture Bank for a loan of RMB 5,000,000. The loan term runs from March 2, 2012, to May 31, 2012, and carries a floating annual interest rate set at 150% of the benchmark rate published by the People's Bank of China. The agreement outlines the repayment obligations and interest terms for the borrower during the specified period.

EX-10.30 6 exhibit10-30.htm EXHIBIT 10.30 China Green Energy Industries, Inc.: Exhibit 10.30 - Filed by newsfilecorp.com

Exhibit 10.30

Loan Agreemen between Changzhou City Wujin Best Electronic Cables Co., Ltd., and Wujin Agriculture Bank, pursuant to which Wujin Agriculture Bank provided a loan with a total amount of RMB5, 000,000. The loan term is from March 2, 2012 to May 31, 2012. The annual interest rate carries a floating interest rate which is 150% of the benchmark interest rate published by the People's Bank of China.