Loan Agreement, dated on March 15, 2012, by and between Changzhou City Wujin Best Electronic Cables Co., Ltd. and Pudong Development Bank Changzhou Branch, (English Translation)

EX-10.33 9 exhibit10-33.htm EXHIBIT 10.33 China Green Energy Industries, Inc.: Exhibit 10.33 - Filed by newsfilecorp.com

Exhibit 10.33

Loan Agreement between Changzhou City Wujin Best Electronic Cables Co., Ltd., and Pudong Development Bank Changzhou Branch, pursuant to which Pudong Development Bank Changzhou Branch provided a loan with a total amount of RMB10,000,000. The loan term is from March 15, 2011 to December 14, 2012. The annual interest rate is 8.2%, which is 125% of the benchmark interest rate published by the People's Bank of China.