Sales Contract between Fuxin Hengrui Technology Co., Ltd. and Guangzhou Jingyao Glass Products Co., Ltd. for Crystal Float Glass
This contract is between Fuxin Hengrui Technology Co., Ltd. (seller) and Guangzhou Jingyao Glass Products Co., Ltd. (buyer) for the sale of crystal float glass. The agreement specifies product types, prices, delivery terms, and quality standards. The buyer is responsible for transportation costs, and payment is required before delivery. Disputes will be resolved by negotiation or in the local court where the contract was signed. The contract becomes effective once both parties have sealed it and is valid for 150,000 cases of glass, with certain terms for different glass specifications.
Exhibit 10.8
SALES CONTRACT
(English Translation)
Contract No.:X00020070309GZJY
Date: March9/2007
Signed at: Hengrui
The Seller:Fuxin Hengrui Technology Co.LTD
The Buyer:Guangzhou Jingyao Glass Products Co.LTD
1、
Name of Commodity | Trade mark | Type | Specification | Rank | Unit | Unit Price (¥/case) | Total value | Time of delivery |
Crystal float glass | Golden Elephant | 4mm、5mm(300t) | Executed by order | Auto Grade | M2 | 165.00 | ¥24.75MM | Starting from March 17, 2008 |
2、Quality requirement technical standard:national GB11614-1999
3、Delivery at :Fuxin Hengrui Technology Co.LTD
4、Transportation: Marine
5、Destination: Guangzhou Huangpu Port, Transportation expense born by the Buyer
6、Packing terms: cooperation standard , no recycle for wood crates
7、Inspection standard and time limit for discrepancy claim: national standard, within seven days upon delivery
8、Requirement of delivery: delivery upon payment.
9、Method of dispute settlement:(1)Mutual negotiation.(2) By the court in the jurisdiction where the contract is signed.
10、Other terms: (1) When the transmittance rate is between 89% and 90%, the price will be RMB85.00 /case. (2) The quantity and price shall be negotiated separately for the crystal float glass of 3mm、6mm、8mm、10mm , The total amount is 150 thousand cases (exclude transition products).
11、This contract shall have four copies and become effective upon seal by both parties.
Signed by: | |
The Seller: | The Buyers: |
Fuxin Hengrui Technology Co.LTD | Guangzhou Jingyao Glass Products Co.LTD |
Adress:117-18 Chuangye Road Haizhou | Adtress:19 Beijiaochang Road Yuexiu District |
District, Fuxin | Guangzhou City |
Tel ###-###-#### 3987000 | Tel:020-83277908 |
Fax ###-###-#### | Fax: |
P.C.:123002 | P.C.: |
Bank: CIBC Shenyang Branch Bank | Bank: Agricultural Bank, Jinying Building Branch |
Account No.:72210-1-01-826-000813-72 | Account No.:44-037101040002902 |
Tax registration No.:210920740771337 | Tax registration No.:440102778390484 |