Conditonal Payment of Mt799 Block Fund Verbiage - Join Dragon

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JOIN DRAGON LIMITED

Room 19C, Lockhart Centre, 301-307 Lockhart Road, Wan Chai, Hong Kong

CONDITIONAL PAYMENT OF MT799 BLOCK FUND COORDINATE AND VERBIAGE:

WE, CHINA MINGSHENG BANKING CORP LIMITED LOCATED AT 40/F, Two IFC, 8 Finance Street, Central, Hong
Kong REPRESENTED BY THE UNDERSIGNED OFFICERS, FOR AND ON BEHALF OF OUR CLIENT, JOIN DRAGON
LIMITED HEREBY CONFIRM WITH FULL LEGAL AND BANKING RESPONSIBILITY AND LIABILITY THAT WE HAVE AN
ACCOUNT OF OUR CLIENT MR MR DING LI PASSPORT NUMBER E49444891, BANKING ACCOUNT NUMBER
800022431-214 ACCOUNT NAME JOIN DRAGON LIMITED.

WE ALSO CONFIRM THAT WE ARE PREPARED TO RECEIVE BY SWIFT MT760 TO THE ABOVE STATED ACCOUNT OF
OUR CLIENT, A CASH BACKED ASSIGNABLE, TRANSFERABLE, DIVISIBLE AND IRREVOCABLE STAND BY LETTER OF
CREDIT OR SBLC WITH FACE VALUE OF EURO 500.000.000,00 (FIVE HUNDRED MILLION EURO)

FURTHERMORE WE GUARANTEE TO TRANSFER BY SWIFT SYSTEM THE PRINCIPAL AMOUNT OF EURO


55.000.000,00 (FIFTY FIVE MILLION EURO) TO BANKING ACCOUNT OF THE PRINCIPAL WITHIN 15 BANKING DAYS
AFTER SUCCESSFUL VERIFICATION AND AUTHENTICATION OF THE BANK GUARANTEE TRANSFERRED BY SWIFT
MT760.

WE CHINA MINGSHENG BANKING CORP LIMITED HEREBY CONFIRM WITH FULL LEGAL AND BANKING
RESPONSIBILITY THAT THE ABOVEMENTIONED FUNDS ARE GOOD, CLEAN, CLEAR, AND FREE OF ANY LEVY LIENS
OR ENCUMBRANCES, FREELY CALLABLE WITHOUT ANY RESTRICTIONS. THE RULE OF FULL DISCLOSURE HAS
BEEN ESTABLISHED THAT THE FUNDS WERE LEGALLY OBTAINED FROM NON-CRIMINAL BUSINESS ACTIVITIES.

THIS CONFIRMATION OF RESERVED FUNDS CAN BE CONFIRMED BY INTERBANK SWIFT SYSTEMS OR ON A BANK
TO BANK BASIS.

WE CONFIRM THAT THESE FUNDS HELD IN OUR CUSTODY ARE NOT PERMITTED TO BE WITHDRAWN MOVED OR
TRANSFERRED DURING THE PERIOD OF 90 BANKING DAYS FROM ISSUANCE OF OUR SWIFT MT799.

BANK OFFICER #1 BANK OFFICER #2


PIN# & TITLE PIN # & TITL

I, Mr. Ding Li warrant and attest that I have bank-acknowledged signatory control, possession and title over these
funds in this account, and signatory power for any agreements that result from verification of the proof of funds.
I hereby authorize you and/or your banker to verify and confirm the herein-referenced funds and agree to instruct
my two bank officer’s to send the above MT799 Blocked Funds verbiage upon receiving the MT799 RWA PRE-
ADVICE and duly countersigned Deed of Agreement from the SBLC provider.

For and on behalf of: Join Dragon Limited

_____________________________
REPRESENTED BY : Mr. Ding Li
Designation: Managing Director
Passport No: E49444891
Issued Date: 22nd April 2015
Expires Date: 21st April 2025
Nationality: Chinese
Dated this: July 31, 2017

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