Mortagee (full name): Agricultural Bank of China, Kunming Shuanglong Branch
Mortgagor: Kunming Shenghuo Pharmaceutical (group) Co., Ltd
This Mortgage Contract is entered into by and between the two parties in accordance with relevant Chinese laws
and regulations for purpose of ensuring that Kunming Shenghuo Pharmaceutical (group) Co., Ltd. will repay the
loan under the Loan Contract, dated May 11, 2010 between the above two parties.
1. Type and Amount of the Creditor’s Principal Claim
The creditor’s principal claim guaranteed is the loan borrowed for liquid capital in the amount of RMB 1 7.6
M illion .
2. The Scope of Guaranty of Mortgage
The scope of this guaranty of mortgage includes the amount of creditor’s principal claim and the interest thereof,
default fine, compensation for damage and all kinds of relevant expenses on for the mortgagee to realize the
creditor’s claim and the mortgaged right.
The mortgagor agrees on the mortgagor of Real estate and its land use right , as to the details of collateral please
find the List of Mortgage of Real Estate as attached, which constitutes the integral part of this Contract and
has same legal force and effect as in the Contract; and
The provisional price of the above mentioned collateral is RMB 26.16 million while the terminal value will be
determined by its actual disposing price.
4. Covenants of the Mortgagor
4.1 The Mortgagor has obtained authorization necessary to enter into this Contract pursuant to relevant
regulations and procedures.
4.2 The full and undisputed ownership or disposition right of the collateral is entitled to the mortgagor.
4.3 The collateral is negotiable or transferable according to law.
4.4 Such cases as the collateral has been sealed up, distrained or supervised would not happen.
4.5 The mortgagor shall make a full and accurate disclosure to the extent that the money and collateral such as
tax in default