Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - Consumer Capital Group, Inc.Financial_Report.xls
10-K - Consumer Capital Group, Inc.v306550_10k.htm
EX-32.1 - Consumer Capital Group, Inc.v306550_ex32-1.htm
EX-21.1 - Consumer Capital Group, Inc.v306550_ex21-1.htm
EX-31.1 - Consumer Capital Group, Inc.v306550_ex31-1.htm
EX-10.30 - Consumer Capital Group, Inc.v306550_ex10-30.htm
EX-10.31 - Consumer Capital Group, Inc.v306550_ex10-31.htm

EXIHIBIT 10.29

 

Description of Oral Loan Agreement between Beitun Trade Ltd. And Ms. Wei Guo

 

Party A: Beitun Trade Ltd.

 

Party B: Ms. Wei Guo

 

Party A and B are related parties, with Party B has 49% interest of Party A. Party A and B negotiated and agreed that Party B shall provide Party A operating or working capital during Party A’s production operations. Party A shall pay no interests as a result of this loan arrangement to Party B. Party A shall provide no assets as a security for the loan received from Party B under this agreement. Party A shall pay the amount of the loan upon Ms. Wei Guo’s request.

 

This Agreement is valid during the operational period of Party A.