Form of Purchase Agreement (English Summary)
Exhibit 10.7
Form of Purchase Agreement
(English Summary)
| Parties to Contract |
Great Shengda as Buyer and Jiangsu ▇▇▇ & Man Paper Manufacturing Co., Ltd. as Vendor |
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| Details of Products |
Raw paper 3,300,RMB per ton and the total amount is 2,000
tons |
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| Location of Delivery |
North of the Beitang River, Xiaoshan Economic and Technology Development Zone, Hangzhou |
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| Payment Method |
Monthly payment, in 45 days after delivery, by Bank Acceptance |
| Undertaking | 1. |
The contract will become effective when the two parties sign on it, and it may be cancelled unless it is signed back in 7 days |
| 2. |
The price of products may change according to the circumstance of the market, and the two parties will consult with it. | |