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-10.29 - Consumer Capital Group, Inc. | v306550_ex10-29.htm |
EXHIBIT 10.31
Description of Oral Loan Agreement between Consumer Capital Group and Jianmin Gao
Party A: Consumer Capital Group
Party B: Jianmin Gao
Party A and B are related parties, with Party B as the CEO and CFO 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 Mr. Gao’s request.
This Agreement is valid during the operational period of Party A.