Sales Contract between Fuxin Hengrui Technology Co. LTD and Fuxin Guangmingwuzi Co. LTD for Clear Float Glass
This contract is between Fuxin Hengrui Technology Co. LTD (seller) and Fuxin Guangmingwuzi Co. LTD (buyer) for the sale of clear float glass valued at RMB 12 million. The glass will be delivered from December 6, 2006, to December 30, 2007, with payment in three installments. The buyer is responsible for transportation and freight costs. Quality and inspection follow national standards, and any defects must be reported within seven days of receipt. The contract is effective upon signing by both parties.
Exhibit 10.9
SALES CONTRACT
(English Translation)
Date: Dec 4/2006
Signed at: Fuxin City
The Seller:Fuxin Hengrui Technology Co.LTD
The Buyer:Fuxin Guangmingwuzi Co.LTD
1、
Name of Commodity | Trade mark | Type | Specification | grade | Unit | Unit Price (¥yuan/M2) | Total value | Time of delivery |
Clear float glass | Golden Elephant | 3.6mm | 1500*2000 | Auto accessories | M2 | 11.00 | ¥12 million (RMB) | Dec6,2006 to Dec30,2007 |
2、Quality requirement and technical standard:Executed by national GB11614-1999
3、Delivery at :Fuxin Hengrui Technology Co.LTD
4、Transportation: Buyer’s arrangement.
5、Destination Port /railway station and Freight: Supplier may help deliver to a transportation port and buyer should pay for the freight.
6、Packaging standard and recycling standard: Enterprise standard , no recycling for wood crates
7、Inspection standard, method and notice period for reporting defective goods: national standard , the notice period for reporting defective goods is seven days upon receipt of goods.
8、Payments for goods: Before December 30, 2006, RMB 6 million; Before January 2007, RMB 6 million.
9、Dispute settlement: Consultation
10、Other terms: Buyer shall pay RMB 4 million shall on or before December 5, 2006; RMB 4 million on or before December 20, 2006 and the remaining RMB 4 million on or before December 25, 2006.
11、This contract has four copies and becomes effective upon the execution by both parties.
Signed by
The Seller: | The Buyers: |
Fuxin Hengrui Technology Co.LTD | Fuxinguangmingwuzi Co.LTD |
Adress:117-18 Chuangye Road Haizhou | Adtress: 104 Zhenxing Road Haizhou District, |
Fuxin City | Fuxin City |
Tel ###-###-#### 3987000 | Tel ###-###-#### |
Fax ###-###-#### | Fax ###-###-#### |
P.C.:123002 | P.C.:123002 |
Bank: CIBC Shenyang Branch Bank | Bank: Bank of China, Fuxin Xishan Road Branch |
Account No.:72210-1-01-826-000813-72 | Account No.:7122929208091001-28 |
Tax registration No.:210920740771337 | Tax registration No.:210904729048375 |