Common use of Entrustment Loan Services Clause in Contracts

Entrustment Loan Services. COFCO Finance will provide the Entrustment Loan Services to the Group pursuant to the 2022 Financial Services Agreement. COFCO Finance will only act as agent of the Group and charge handling fees and other services fees in connection with the Entrustment Loan Services. The handling fees and other services fees to be charged by COFCO Finance in connection with the Entrustment Loan Services shall not be higher than those offered by the ten major PRC commercial banks to the Group for similar type of services.

Entrustment Loan Services. COFCO Finance will provide the Entrustment Loan Services to the Group pursuant to the 2022 Financial Services AgreementGroup. COFCO Finance will only act as an agent of the capital management entity of the Group (i.e. COFCO Meat) and charge handling fees and other services fees in connection with the Entrustment Loan Services. COFCO Finance will not require the Group to provide any type of guarantees or securities with respect to the Entrustment Loan Services. The handling fees and other services fees to be charged by COFCO Finance in connection with the Entrustment Loan Services shall will not be higher than those offered charged by the ten major Major PRC commercial banks to the Group Commercial Banks for identical or similar type of services.