Gold Lease Agreement between Wuhan Kingold Jewelry Co., Ltd. and China Construction Bank Wuhan Jiang An Branch
Wuhan Kingold Jewelry Co., Ltd. has entered into a gold lease agreement with China Construction Bank Wuhan Jiang An Branch. Under this agreement, the bank leases 375,000 grams of gold (AU9999) to the company for one year, from January 19, 2016, to January 18, 2017, at an interest rate of 5.7%. The gold is to be used for production and processing, and the total leasing fee is ¥5,021,373.44. The agreement specifies payment terms and the unit price of gold, with fees calculated based on actual days used.
Exhibit 10.33
Gold Lease Agreement
Type: AU9999
Weight per gram: 375000
Goods attribute: Buy in goods right
Start Date: 2016-1-19
End Date: 2017-1-18
Days: 365 days
Interest Rate: 5.7%
Unit Price (Yuan/Gram) 231.70
Charging Standard: Actual days/360
Gold Leasing Fees: ¥ ###-###-####.44
Account Payable:
Rental Purposes: Production and Process
Borrower: Wuhan Kingold Jewelry Co., Ltd.
Legal representative (person in charge):
Contactor:
Telephone:
Lender: China Construction Bank Wuhan Jiang An Branch
Legal representative (person in charge):
Contactor:
Telephone:
