China Construction Bank
Mortgage Contract in Maximum Amount
Contract No.: 61613699920070000001
Mortgagor (Party A) : Kunming Shenghuo Pharmaceutical (group) Co., Ltd
Place of Residence : No. 2 Jing You Road, National Economy and Technology Developing District, Kunming,
Legal Representative: Guihua Lan
Fax: Telephone: +86-871-7282608
Mort g agee ( Party B ): China Construction Bank, Kunming Heping Branch
Place of Residence: No.328 South Ring Road, Kunming City
Person- in-charge: Hongbo Wang
Fax: Telephone: +86-871-3512800
In order to ensure the realization of the Party B’s rights, Party A would like to provide the maximum mortgage for
the loan entered into by and between the two parties. Accordance with relevant laws and regulations, the two
parties agree to enter into this contract and the two parties should comply with this contract together.
Item 1 Collateral
Party A uses the assets listed in the “Collateral List” in the Item 16 under this contract as mortgage.
Party A must guarantee its ownership and the right of disposition on the Collateral.
Party A guarantees that there are no conditions such as dispute on the ownership, attachment and distrain and so
Item 2 The Guaranteed Creditor’s Right
(1) The guaranteed creditor’s right refers to the a series of claims caused due to Party B’s continuously issuing
loan to Party A from March 30, 2007 to March 30, 2010, which has the maximum amount of RMB 60,539,500.
If Party A fails to fulfill the guaranteeing obligation under this contract, the maximum amount shall be reduced
according to the fulfilled amount.
(2) Any time during the period set forth above, if balance of the remaining outstanding claim doesn’t exceed the
maximum amount, Party B can issue loan to Party B continuously and circularly. Party A should provide
mortgage guaranty for every claim within this maximum amount, on matter the ti