Coorperation Agreement By Bank & Enterprise (For Referance Only)

Coorperation Agreement By Bank & Enterprise (For Referance Only) This is a Cooperation Agreement by Party A (The Enterprise) and Party B (The Bank) China Construction Bank To better enhance the good coorperative relationship between the bank and the enterprise, and to improve the mutual development and the long term cooperation of both parties, Party A and Party B, on the basis of ad- hering to the principle of voluntariness, equaiity and mutual benefit, and after full consultations and negotia- tions, have made the following agreement and committed to strictly abiding by the terms of this agreement and performing the responsibilities of each party.

I. Party B is willing to take Party A as an important and primary client, and put Party A in a prior posi- tion when providing various financial supports and quaiified financial services, under the premise of keeping in compliance with laws and financial policies.

II. Party B will provide Party A with all-round credit lending services which include the working capital loans, capital construction loans, technological transformation loans, reserve loans, real estate loans, and bill acceptance and discount, etc., according to its credit lending conditions and process.

III. Party B will try its best to satisfy Party A's reasonable demand for working capital loans, so long as Party A maintains a good financial structure, with the current ratio above %, the account receivable turnover ratio above %, and the assets-liabilities ratio below %.

IV. Party B will actively support Party A in its capital construction and technological transformation. For those projects which have been listed in the goverment's plan by the authorative departments, Party B will per- forme the project appraisals as soon as possible; and for the committed projects, Party B shall make a prior ar- rangement in its annual credit lending plan and ensure the ontime fund supply.

V. When Party A finds a diffictulty in the turnover of its reserve funds for the under-construction pro- jects, Party B shall make a prior arrangment according to its reserve loan issuing terms.

VI. Party B shall actively support Party A in its international business developrnent, including the import & export, by providingcomprehensive international financial services.

VII. Party A agrees to take Party B as its main bank, opening its account with Party B and settling % of its trade volume through this account.

VIII. Party A guarantees that the proportion of its fund deposit at the Bank in the above-mentioned account shall not be less than the proportion of Party B's loans.

IX. Party A guarantees that it will not default the repayment of the principal and payment of interest of Party B's loans. Should any loans need extension out of particular reasons, Party A shall present an applica- tion, which will be reviewed by Party B. Party B shall agree only those extensions that are in line with the ex- tention terms.

X. Party A guarantees that it will not appropriate or misappropriate its working capital funds for capital construction investment.

XI. Party A guarantees that it will present monthly financial statements to Party B and be responsible for the authenticity of the financial data.

XII. Party A agrees to let Party B handle its such financial businesses as international settlement, salary issuing, credit card clearing, staff housing fund management, reviewing of project budget and annual settle- ment, project evaluation and consultation, development bank loan channeling and management, and other banks'agent and entrusted businesses.

XIII. When the agreement comes into effect, both parties shall notify the concerned affiliates and supervise them in their performing of the agreement.

XIV. If disputes arise in the performance of the agreement which causes the amendments of and additions to the above articles, both parties shall find a solution through friendly talks on the basis of equality, mutual- interest and mutual-understanding basis.

XV. Within the term of the agreement, no party is allowed to unilaterally violate the articies or terminaie the agreement.

XVI. This agreement shall be effective only when the legal representative or his (her) designated agent of the two parties sign on it, with their official seals. The maturity of the agreement is years. Whether the agreement will be renewed should be decided by the two parties after negotiations. There are two originals for this agreement, Party A and Party B shall each take one. There are duplicates for this agreement, Party A and Party B shall each take copies.

Party A (Seal): Party B (Seal): Representative (signature): Representative (signature): (DDMMYY) (DDMMYY)