Attached files
file | filename |
---|---|
10-K - Shengkai Innovations, Inc. | v197555_10k.htm |
EX-21.1 - Shengkai Innovations, Inc. | v197555_ex21-1.htm |
EX-23.1 - Shengkai Innovations, Inc. | v197555_ex23-1.htm |
EX-23.2 - Shengkai Innovations, Inc. | v197555_ex23-2.htm |
EX-31.1 - Shengkai Innovations, Inc. | v197555_ex31-1.htm |
EX-32.2 - Shengkai Innovations, Inc. | v197555_ex32-2.htm |
EX-31.2 - Shengkai Innovations, Inc. | v197555_ex31-2.htm |
EX-32.1 - Shengkai Innovations, Inc. | v197555_ex32-1.htm |
EX-10.24 - Shengkai Innovations, Inc. | v197555_ex10-24.htm |
EX-10.27 - Shengkai Innovations, Inc. | v197555_ex10-27.htm |
EX-10.28 - Shengkai Innovations, Inc. | v197555_ex10-28.htm |
EX-10.26 - Shengkai Innovations, Inc. | v197555_ex10-26.htm |
Exhibit
10.25
Summary
of Mortgage Agreement
[Unofficial
Translation]
Parties:
Industrial
Bank Co., Ltd., Tianjin Branch (“Industrial Bank”)
Tianjin
Shengkai Industrial Technology Development Co., Ltd.(“Shengkai”)
Date:
December
10, 2009
Material
Terms:
In
conjunction with the LOC Agreement, Shengkai entered into a mortgage agreement
for a maximum of RMB 8,682,000 with the Industrial Bank to secure repayment of
the LOC Agreement on December 10, 2009. The collateral covered by the
agreement is certain real property owned by Shengkai, valued at RMB17,540,000
and located at Wanggang Road, Shuanggang Economic Development Zone, Jinnan
District, Tianjin, PRC. The mortgage agreement is valid from December
10, 2009 until all the principal, interest, and other expenses under the LOC
Agreement are paid in full.