【正文】 e use of loans. Article 2 Loan Term, Interest Rate and Method for Interest Calculation The loan term (and the debt performance period) under the present contract is (“ year(s) 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。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: S2. 4A – 1 – 3 □ Fixed interest rate It shall be executed according to the fixed loan interest rate and floating range stipulated by Shanghai Pudong Development Bank in the corresponding period. The loan interest rate under the present contract is – 2 – 1 (“□ above □ below %”) on the basis of the fixed loan interest rate published by Shanghai Pudong Development Bank in the corresponding period. If the People39。 (2) The name of the transaction object is – 1 – 2, and its account No. / passbook No. / card No. is – 1 – 2, its account bank is – 1 – 2, and its payment amount shall be not more than (currency amp。 total repayment periods + (loan principal – the accumulative repaid principal amount) 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)。s transaction objects which meet the purpose agreed in the present contract. That is, the borrower authorizes the lender to transfer the loan money to the account No. / passbook No. / card No. – 2 account opened by the borrower at the place of the lender when the conditions for loan release are met, and then, the money will be paid by the borrower himself to the borrower39。 for the pledge act requiring handling with registration procedures according to the law, the registration has been pleted. A pulsory notarization has been processed by the notarization office approved by the lender for the present contract and the guarantee documents related with the present contract as well as other files (if the lender requires). The borrower has opened a bank account for money withdrawal, interest payment, expense payment, repayment and etc. as required by the lender. Other conditions proposed by the lender. Notwithstanding the provisions of the preceding paragraph, the establishment of the above conditions for money withdrawal does not represent that the lender necessarily has the obligation to release the loan when the above conditions are meet. The lender may suspend, and reduce or cancel the release of the loan and notice the borrower under the circumstances that the lender needs to adjust and increase the conditions for the loan release according to its own limits due to the changes of law, rules and regulations as well as policies or the restrictions of the government’s macro currency policies or financial regulatory policies or that other major incident change occurs。s Bank of China adjusts the benchmark loan interest rate within the loan period, then, since the time that the contract loan interest agreed in the present contract is adjusted, the new contract loan interest rate will be executed after the floating according to the above said floating proportion on the basis of the new loan benchmark interest rate. The benchmark loan interest rate of the People39。 □ Floating interest rate It shall be executed according to the benchmark loan interest rate and floating range 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。 amount) – 1 – 2。 therein: the interest repayable for one period shall be calculated in accordance with the agreed repayment method, and the interest repayable for the part of those which are more than on period shall be determined by the days of actual occupation of the loan according to the method for interest calculation in Article of the present contract。 amount) – 1