【正文】 3. The Lender breaches the provisions set forth in Article 12。 (4) The Borrower involves in material actions or arbitration。6. Will not reduce the registration capital。 (4) The other matters will impact the financial status or abilities of repayment for the debts。5. The Borrower has provided the list and the signature sample of the authorized person who empower to sign this contract and documents。2. This contract and the appendices have been effective。 The above mentioned record and the documentation for the drawdown, repayment and payment of interest is the certificates of the debts between the Borrower and the Lender. ARTICLE 10 GUARANTY 1. (the Guarantor) shall be the guarantor for the loan under this contract and take jointly liabilities.2. During the term of this contract, if the guarantors financial status bee deteriorated or the liabilities for repayment of debts bee weak, the Lender shall have right to request the Borrower changes guarantor orprovide mortgage and pawn secured for this loan under this contract.ARTICLE 11 REPRESENTATIONS AND WARRANTIESI. The Borrowers represents and warrants as follows:1. The Borrower is a pany duly organized and validly existing under the law of the Peoples Republic of China and has the power and authority to own its property to consummate the transactions contemplated in this contractand join the litigation. The Borrower has the power to handle it assets used in operation.2. The Borrower is at its option to sign and perform this is the Borrowers true meaning and has the power to sign this contract and it is not breach it article of association or regulations or contracts. Theprocedure for signature and performance of this contract has been gone through and fully effectiveness. 3. The all documents, materials, reports and certificates provided to the Lender by the borrower for consummation of this contract is true, real, pete and effective 4. The Borrower shall not conceal the following events which is being happened or have been happened which will cause the Lender refuse to extend the loan: (1) The Borrower or the principal executives of the Borrower involve in material events which breach regulations, laws or pensation to others。 Providing operation report, financial report or other files and materials and shall warrant the reality, correct and effectiveness for the files and materials。 9. The Borrower warrants to inform the Lender immediately when the following events occurred:(1) The event of breach of contract under this contract or other loan or guaranty contracts between the Borrower and any branches of Bank of China or other banks, nonbank financial organization。 (2) Cease in extending the loan or cancel the credit。2. In the event the Borrower assign its right and liability under this contract to other third party under the written consent of the Lender, the third party shall abide this contract without any condition. ARTICLE 16 PERFORMANCE OF OBLIGATION AND WAIVER OF RIGHTS 1. The Borrower is independent contractor under this contract, it will not impact by any other relations between the Borrower with other party except the other provisions set forth in this contract. 2. The Lender give any extension, toleration,