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