Common use of Loan Services Clause in Contracts

Loan Services. The internal control procedures adopted by the Company in relation to the loan services include, among others, during a certain period of time before the financing, the Company will take the initiative to locate independent domestic commercial banks in the PRC, inquire about the financing costs, undergo a comprehensive comparison according to the preferential conditions, interest rates and financing procedures given by each independent domestic commercial bank in the PRC in the negotiation process to determine the optimal choice to ensure that the Company’s financing is most cost-effective.

Loan Services. The internal control procedures adopted by the Company in relation to the loan services Loan Services include, among others, during a certain period of time before the financing, the Company will take the initiative to locate identify independent domestic commercial banks in the PRCbanks, inquire about the financing costs, undergo a comprehensive comparison according to the preferential conditions, interest rates and financing procedures given by each independent domestic commercial bank in the PRC to similar credit rating companies in the negotiation process to determine the optimal choice to ensure that the Company’s financing obtained is the most cost-effective.