Sales Agreement
The Contract's No. 2008 ST 0005
Supply Party (Party A):
Name of Party A:
JiangXi SheTai Jade Industrial Company Limited. (JST)
Address: GuoXiDaDao #39, YuJiang County, JiangXi Province, PRC
Bank: YuDiao Branch, YuJiang Sub-Branch, Bank of China
Account No.: 742858545978091001
Zip Code: 335200
Phone: 86-701-5881082
Fax: 86-701-5881156
Purchasing Party (Party B):
Name of Party B: PuTian City LiCheng District, QiYuShengShiBao Jade
Company
Limited.
Address: PuTian City, FuJian Province, PRC
Bank: PuTian Branch,
Industrial Bank
Account No.: 145010100100113506
Zip Code:
Phone: 86-15849852008
Fax:
Parties A and B, based on the negotiation, consideration of the
mutual covenants
and agreements contained herein, and other valuable considerations,
have reached
an agreement as stated below:
Item 1. Contents of goods
1. Raw jade material (name) 1000KG, 2000KG (type)
1200tons (quantity)
25,000RMB/ton(price)
2. Raw jade material (name) 1000KG, 500KG (type)
1800tons
(quantity)
23,000 RMB/ton(price)
3. Raw jade material (name) 50KG, 500KG (type)
1500tons (quantity)
21,000 RMB/ton(price)
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Total amount: 102,900,000 RMB
Item 2. Packing and Delivery
Packing
needs to comply with the requirement of Delivery. Party B is
responsible to deliver the raw jade materials ordered and to pay
for the
freight.
Item 3. Delivery Location
The valid
period of this agreement is one year, and two Parties must
execute the prices mentioned above. Actual detail of every
transaction should
base on the Fax File.
Item 4. Payment method/Terms and Goods delivery
For every
transaction, before delivery, Party B needs to pay 30% of total
contracted value as deposit to Party A. After the receipt of
deposit, Party A
needs to deliver the ordered raw jade materials to Party B
immediately. After
the delivery, Party B needs to pay off th
