Attached files
| file | filename |
|---|---|
| 8-K - Longhai Steel Inc. | v178718_8k.htm |
| EX-21 - Longhai Steel Inc. | v178718_ex21.htm |
| EX-3.3 - Longhai Steel Inc. | v178718_ex3-3.htm |
| EX-2.1 - Longhai Steel Inc. | v178718_ex2-1.htm |
| EX-10.5 - Longhai Steel Inc. | v178718_ex10-5.htm |
| EX-10.2 - Longhai Steel Inc. | v178718_ex10-2.htm |
| EX-10.3 - Longhai Steel Inc. | v178718_ex10-3.htm |
| EX-10.6 - Longhai Steel Inc. | v178718_ex10-6.htm |
| EX-10.8 - Longhai Steel Inc. | v178718_ex10-8.htm |
| EX-10.7 - Longhai Steel Inc. | v178718_ex10-7.htm |
| EX-10.4 - Longhai Steel Inc. | v178718_ex10-4.htm |
Exhibit
10.1
Purchase
Contract
Party A
(Purchaser): Xingtai Longhai Steel Wire Ltd.
Party B
(Seller): Xingtai Longhai Steel Group Ltd.
Concerning
the purchase of steel billet, both parties friendly agree on a fair and free
basis to the terms below:
|
1.
|
Contract
objective: Steel Billet
|
|
2.
|
Quality:
GB700-99, YB2011-83
|
|
3.
|
Quantity:
will be based on Party A market
demand
|
|
4.
|
Payment
terms and price: Based on Party A’s estimated monthly billet consumption,
as well as on the same product model market price at the beginning of the
month, Part A will pay party B with purchase order on terms. The closing
price will be set as the weighted average of prior 10 days sales prices of
identical product less a 10 rmb per ton discount (as wholesale
price).
|
|
5.
|
Delivery
place: Party A raw material
warehouse
|
|
6.
|
Both
parties right and obligation:
|
|
|
a.
|
Party
B will guarantee Party A has the exclusive priority right to purchase
billet needed, if due to repair or other unforeseen reasons Party B cannot
meet Party A’s demand quantities, Party B shall notify Party A in advance
so they can properly schedule the
purchase.
|
|
|
b.
|
Party
B will produce Party A’s order according its product model, Party A should
notify Party B on the 25th
of every month next month production product
model.
|
|
|
c.
|
Party
B will be responsible for the delivery to Party A’s raw material
warehouse, and the delivery fee will be the responsibility of Party
B.
|
Party A
(Purchaser): Xingtai Longhai Steel Wire Ltd.
Party B
(Seller): Xingtai Longhai Steel Group Ltd.
Oct 1,
2008