Lease of Food Factory Project Agreement
Exhibit 10.12
Doc: SF-2023/01
Date: 11 February 2023
Party A: Top Wealth Group (International) Limited
Address: Room ▇▇▇▇, ▇▇▇▇▇▇▇▇▇ Century Tower, ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇
Party B: SUNFUN (CHINA) LIMITED
Address: 8th Floor, Block E, Golden Bear Industrial Centre, ▇▇-▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇ ▇▇▇▇
Lease of Food Factory Project Agreement
Based on the principles of equality, willingness, fairness, and honesty, Party A and Party B, after amicable negotiation, have reached the following agreement with respect to the matters of Party A renting a food factory from Party B and the relevant matters related to the processing and packaging food (caviar) and other related service items:
| 1. | The usable area of the special food factory provided by Party B is about 350 square feet (see attached plan); |
| 2. | Party B’s plant must hold a Food Factory Licence issued by the Hong Kong Food and Environmental Hygiene Department; |
Equipment:
| 3. | Party B provides freezer (-18 °C ∼ -5°C) equipment that can hold 500 kg of raw materials and finished products; |
| 4. | Party B provides special production workbenches and related basic facilities and tools; |
| 5. | The packaging machine and all raw materials and packaging materials are provided by Party A; |
| 6. | Party A shall pay to Party B the rent of the special food factory of HK$13,800.00 per month; |
| 7. | The packaging fee shall be quoted separately according to different packaging specifications and quantities; |
| 8. | Exit and enter warehouse and import and export license (exemption), any government fee is reimbursed; |
| 9. | Shipping fee/delivery fee is charged according to the quotation below |
| - | General office address: HK$250/ delivery |
| - | Warehouse and receiving department: HK$500/ delivery |
| - | Additional charge for delivery to special and remote districts like ▇▇▇▇ ▇▇▇▇▇, Ma Wan, Discovery Bay, Sha Tau ▇▇▇, ▇▇▇ Tin and other remote districts in the New Territories: HK$180/ delivery. Quotation is made separately for outlying islands and restricted areas. |
| - | Quotation is made separately for other transportation items |
| 10. | The contract period is 18 months. |
(From 11 February 2023 to 10 September 2024)
| Party A: | Party B: | |
|
Top Wealth Group (International) Limited |
SUNFUN (CHINA) LIMITED | |
| /s/ Top Wealth Group (International Limited | /s/ SUNFUN (CHINA) LIMITED |
