【正文】 ) and month(s)”), and its start date is expected from the date (from MM DD YY to MM DD YY). The actual loan start date is subject to the date recorded on the loan receipt. The value date of the loan under the present contract is the date of loan release. The method for interest calculation is as follows: the loan interest will be calculated on a daily, monthly and yearly basis. The calculation methods of fullyear, fullmonth and fullday shall be adopted for loan interest. If fullyear, fullmonth and fullday cannot be reached, the last day at the end of end is the fullday. If the loan period es to the pletion of year, the interest shall be calculated as per annual interest rate。 □ Floating interest rateIt shall be executed according to the benchmark loan interest rate and floating range published by the People39。s Bank of China in the corresponding period while signing the present contract is: – 1 – 2 (“ % (annual interest rate)”). The executed interest rate is determined according to the benchmark loan interest rate on the actual date of loan release regulated by the People39。s Bank of China adjusts the benchmark loan interest rate or Shanghai Pudong Development Bank adjusts the fixed interest rate applicable to this business within the loan period, then the interest rate executed in the present contract will not be adjusted. The fixed interest rate of the corresponding period while signing the present contract is: – 2 – 2 (“ % (annual interest rate)”). The executed interest rate is determined according to the fixed loan interest rate on the actual date of loan release published by the People39。s Bank of China in the corresponding period (the loan period is calculated from the date of the loan release). The loan interest rate under the present contract is – 3 – 5 (“□ above □ below %”) on the basis of the benchmark loan interest rate published by the People39。s Bank of China as well as the floating proportion stipulated under the present contract as of the first calendar day of the next calendar year after the interest rate adjustment.□ No interest rate adjustment, and no interest accrual by stage.□ Others: – 3 – 6 If the borrower fails to repay the loan principal and interest of the current period in full on schedule as required, it will be regarded as overdue, and the lender will have the right to charge penalty interest in accordance with the relevant provisions of the People39。 and moreover, if the lender release the loan when the above said conditions are not fully met, it will not constitute a defect of the lender’s performance of contract.Article 4 Loan Release and Payment The borrower agrees the lender to pay the loan money according to the payment method of :□ Method of payment by the lender upon authorizationIt means that the lender pays the loan money to the borrower’s transaction objects which are pliant with the purpose agreed in the present contract according to the borrower39。 amount) – 1 – 2。 amount) – 1 – 2。 amount) – 1 – 2。s transaction objects which meet the purpose agreed in the loan contract. The above said transfer act of the lender is the money withdrawal of the borrower. The borrower promises that, the borrower will regularly report to the lender or inform the lender of the information on the payment of the borrower’s loan money. If the lender still cannot release the loan under the present contract upon expiry of 90 days after the signature of this contract due to the reasons of the borrower, the lender will have the right to unilaterally terminate this loan contract. Any disputes with others, arising out of the borrower’s using the loan money after the release of the loan, will have nothing to do with the lender, and this loan contract shall be normally executed.Article 5 Repayment The repayment method is: :For the loan period is less than one year (inclusive of one year), one of the following repayment methods can be selected (please select it by ticking the appropriate box):□ Repayment of the principal and interest in a lump sum upon its expiry, with the interest to be paid off together the principal (see Article 2 of the present contract for the method for interest calculation).□ Repayment of interest by installment, and repayment of the principal in a lump sum upon its expiry (interest per period = the remaining loan principal at the beginning of the period interest rate per period).□ Other repayment method: The period in the above formula refers to the – 1 month(s) (for example: if the repayment is made on schedule on the basis of taking every 2 months as a period, then here shall be filled in with “2”, and the number filled in shall not be more than 12 months)。 the repayment date of each period is – 2. The borrower who repays the loan by installment shall start repayment from the agreed repayment date of the next month (the Gregorian calendar) after the actual release of the loan. The specific calculation method for the initial loan repayment interest of the next month after the actual release of the loan is as follows: if the days of actual occupation of the loan during the period from the date of actual release of the loan to the agreed repayment date of the next month are less than one period, then the initial loan repayment interest will be determined by the days of actual occupation of the loan according to the method for interest calculation in Article of the present contract。s Bank of China, the borrower shall unconditionally execute it. If repaying