Attached files
file | filename |
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8-K - 8 K - CHINA HGS REAL ESTATE INC. | v243909_8k.htm |
EX-10.1 - EXHIBIT 10.1 - CHINA HGS REAL ESTATE INC. | v243909_ex10-1.htm |
Exhibit 10.2
Loan Agreement
Party A: Mr. Zhu Xiaojun
Party B: Shaanxi Guangsha Investment and Development Group Co., Ltd
Party B will join the land use right auction for commercial land use rights in Yang County. For the purpose of financing working capital, Party B borrows RMB 20,000,000 from Party A. The borrowing term is one month without interest. If the borrowing term exceeds one month, Party A agrees to pay interest at a 15% interest rate.
This loan agreement has two copies, each party has one copy.
Signed by Party A
Signed by Part B
Signed on November 14, 2011.