Loanagreement
EX-10.8 17 v138808_ex10-8.htm
Loan agreement
Borrower: | Shanghai Baby Fox Fashion Co., Ltd. |
Lender: | Zengquan Yu |
This agreement is entered into by and between the Borrower and the Lender through friendly consultations, the Lender agrees to grant the Borrower ¥5,700,000 and the interest rate is 10% per year.
The Lender remits the Borrower for three times, the date and amount are as follow:
May 16th, 2008 | ¥4,700,000; |
June 5th, 2008 | ¥750,000; |
June 16th, 2008 | ¥250,000; |
The period of this loan is 2 years.
Borrower (Seal): Shanghai Baby Fox | Lender (Seal): Zengquan Yu |
Fashion Co., Ltd. | |
Date: June 16th, 2008 | Date: June 16th, 2008 |