Loan Agreement between Changzhou City Wujin Best Appliances Co., Ltd. and Wujin Rural Commercial Bank

Contract Categories: Business Finance Loan Agreements
Summary

Changzhou City Wujin Best Appliances Co., Ltd. and Wujin Rural Commercial Bank entered into a loan agreement for RMB 10,000. The loan is effective from November 30, 2011, to February 28, 2012, with interest charged at the benchmark rate set by the People’s Bank of China. The agreement outlines the terms for repayment and interest, binding both parties to these conditions for the specified period.

EX-10.36 12 exhibit10-36.htm EXHIBIT 10.36 China Green Energy Industries, Inc.: Exhibit 10.36 - Filed by newsfilecorp.com

Exhibit 10.36

Loan Agreement between Changzhou City Wujin Best Appliances Co., Ltd. and Wujin Rural Commercial Bank, pursuant to which Wujin Rural Commercial Bank provided a loan with a total amount of RMB10, 000. The loan term is from November 30, 2011 to February 28, 2012. The annual interest rate carries the benchmark interest rate published by the People’s Bank of China.