EXHIBIT 10.18
Raw Material Purchase / Sales Contract
| Date: 2008-09-15 | |||
| Place: Haikou | |||
| Accordingly to friendly negotiation, both Parties agree to the term and condition stated as following, | |||
1. | Name, specification, quantity and total amount of product |
Name of Product | Quality standard and specification | Unit | Unit price | Quantity | Amount(RMB) |
FDHB | mg | 400.00 | 8410 | 3,364,000.00 | |
Total amount | Three million three hundred sixty four thousand only | 3,364,000.00 | |||
2. | Quality standard: according to the national standard, and will take the relevant responsibility for product return and exchange. |
3. | Ways and fees of transportation: to be born by the seller |
4. | Package standard: factory original package without charge |
5. | Check and examination standard: according to the national standard, and the buyer must declare any complain within 15 days of the receipt |
6. | Terms of payment: payment on the check and examination of the receipt of the product |
7. | Dispute: both parties will negotiate for any dispute under this agreement, and will further go litigation if no solution after negotiation. |
8. | Others: |
9. | This contract is in duplicate for each party and will enter effect after sign and seal of both parties. Original documents and copy enjoy the same legal effect. |
- Seller: Hainan Xinxin Biotechnology Co., Ltd.
- Address: Haiyan Building, No. 2 Daying village, Haikou
Agent: Yun Zhu
Phone: 66704636
Fax: 66704636
Bank: Commercial Bank Wanghailou Branch
Bank account number: 2201020119200015457
Tax number: 46010074257023X
Buyer: Helpson Medical & Biotechnology Co., Ltd.
Address: C09-2 Bonded Zone, Haikou
Agent: Bing Lin
Phone: 0898-66811911
Fax: 0898-66819024
Bank: Commercial Bank Jinpan Branch
Bank account number: 2201020119000024276
Tax number: 46010062000933X