Contract of Limit for Discount of Commercial Acceptance Draft
No. Shen Fa (Long Gang) Shang Zi 20060329001
Within the credit facility limit under the Contract of Overall Credit Facility Limit
No. Shen Fa (Long Gang) Zhong Zi 20060329001
Party B wishes to apply for discount limit for commercial acceptance draft and Party A agrees to grant Party B the discount limit
for commercial acceptance draft (hereinafter referred to as “Discount Limit”). Both Parties have reached this Contract in
accordance with relevant laws and regulations.
Article 1 Discount Limit
The beginning date of the discount transaction shall be within the abovementioned valid period. The expiry date of the
discount transaction shall be determined by the relevant Contract for Discount of Commercial Draft.
Article 2. Commercial Acceptance Draft
The commercial acceptance draft under the Article 1 of this Contract shall be based upon actual and lawful commercial
Article 3. Discounter
Party A is the discounter under this Contract.
Party A may designate any other branch of Shenzhen Development Bank as the discounter.
Article 4. Applicant for Discount (Draft Bearer)
The applicant for discount shall be the bearer of the commercial acceptance draft issued and accepted by Party B.
Article 5. Confirmation and Inquiry
Party B’s confirmation shall be obtained before Party A discount the abovementioned commercial draft. After Party A receives
the application for discount, Party A shall fill in and deliver in person the Letter of Inquiry for Commercial Acceptance Draft to
Party B along with the photocopy of the involved commercial draft. Party B shall review the abovementioned documentation
and write its opinions and stamp its company chop, chop of its legal representative on the Letter of Inquiry for Commercial
Acceptance Draft along with the signature of the responsible person and return in person the Letter of Inquiry to Party A. Party
B shall provide the sample of the company