Summarization of Oral Loan Agreement
EX-10.55 281 v225684_ex10-55.htm SUMMARY OF ORAL LOAN AGREEMENT WITH AI GE ORGANISM PRODUCTS COMPANY LIMITED
Loan amount: RMB4,110,000
Summarization of Oral Loan Agreement
Lander: Ai Ge Organism Products Company Limited (“AGO”)
Borrower: Changxing Chisen Electric Company Limited (“CCEC”)
Loan amount: RMB4,110,000
Loan purpose: Fund of operation
Interest: Nil
Pledge and/or guarantee: Nil
Repayment term: Repayable on demand
