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