Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - SMSA Treemont Acquisition Corp | Financial_Report.xls |
10-K - FORM 10-K - SMSA Treemont Acquisition Corp | d314908d10k.htm |
EX-31.1 - EX-31.1 - SMSA Treemont Acquisition Corp | d314908dex311.htm |
EX-32.1 - EX-32.1 - SMSA Treemont Acquisition Corp | d314908dex321.htm |
EX-10.58 - EX-10.58 - SMSA Treemont Acquisition Corp | d314908dex1058.htm |
EX-10.60 - EX-10.60 - SMSA Treemont Acquisition Corp | d314908dex1060.htm |
EX-10.55 - EX-10.55 - SMSA Treemont Acquisition Corp | d314908dex1055.htm |
EX-10.59 - EX-10.59 - SMSA Treemont Acquisition Corp | d314908dex1059.htm |
EX-10.57 - EX-10.57 - SMSA Treemont Acquisition Corp | d314908dex1057.htm |
EX-10.61 - EX-10.61 - SMSA Treemont Acquisition Corp | d314908dex1061.htm |
EX-10.56 - EX-10.56 - SMSA Treemont Acquisition Corp | d314908dex1056.htm |
EX-31.2 - EX-31.2 - SMSA Treemont Acquisition Corp | d314908dex312.htm |
Exhibit 10.54
Loan Agreement between Shandong Xiangrui and China Everbright Bank, Qingdao Jiaozhou Branch, dated October
18, 2011, for a RMB 40 million loan
Main contents:
| Contract No.: Guan Yin Jiao Yin Zi No. 2011077 |
| Loan Amount (RMB): RMB 40,000,000 Yuan |
| Purpose of the Loan: payment to vendor |
| Contract Term: 6 months, from October 18, 2011 to April 18, 2012 |
| Interest Rate: |
| The processing fee is 0.05%; |
| Shandong Xiangrui is required to deposit 50% of the loan amount as restricted cash so that Shandong Xiangrui obtained net of RMB 20 million cash from this loan. |
| No interest during the 6 month loan period |
| Penalty interest rate for delayed repayment: 0.05% per day |
| Guarantee |
| Ruixing Group provided a guarantee for this loan |
| Shandong Xiangrui used its land use rights as collateral for this loan (collateral agreement # 2011076) |
| Shandong Xiangrui also used RMB 20 million ($3.2 million) cash as collateral for this loan. |