Platform Intermediary Service Agreement
Exhibit 10.27
Platform Intermediary Service Agreement
(Contract No. : [●])
Party A (Principal): Guang’an Yongpeng Food Co. Ltd.
No:915116236757641646
Legal representative: Zeshu Dai
Party B (Intermediary): Sichuan Toucu Finance Information Service Co. Ltd.
No:91510104091268239Q
Legal representative: Benqiang Shi
Whereas:
| 1. | Due to the request of the liquid capital, Party A needs external financing (“Financing Project”).Party A delegates Party B as a middleman to post financing information by its’ internet finance service platform (Toucu finance ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇, “Toucu Platform” ) in order to look for the Lending institutions or personal (“Third Party Funders”) |
| 2. | Based on the principals of equality and voluntariness, after friendly negotiation, both Parties agree to the terms set forth below. |
| I. | Platform Service items |
| 1. | Party A delegates Party B as an Intermediary to post financing information by Toucu Platform, Party B should make contribution to the loan contract between Party A and Third Party Funders. Assist Party A to complete financing and related items. |
| 2. | Loan information: |
| (1) | Amount: RMB 1,000,000 |
| (2) | Interest rate: 9.5% |
| (3) | Term: 6 months |
| (4) | Purpose: working capital |
| (5) | Source of repayment: Business income |
| (6) | Guarantee: Asset Mortgage, actual controller guarantee or legal person guarantee, Chongqing Penglin Food Co. Ltd. provides joint guarantees |
| (7) | Repayment: loan interest shall be paid monthly and loan principal shall be repaid on maturity date. |
| II. | Intermediary service fee and settlement |
| 1. | Party B shall receive service fee equal to 2.75% of the total loan, payable within 3 business days after Party A receive a loan. |
| 2. | If Party A does not pay the service fee on time, the liquidated damage is the 10% of the total service fee, with a daily interest of 0.05%. |
Principal: /s/ Guang’an Yongpeng Food Co. Ltd.
Intermediary: /s/ Sichuan Toucu Finance Information Service Co. Ltd.
Execution date: November 19, 2019
