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GUANGCHENG
INTERNATIONAL GUANGCHENG INTERNATIONAL TRADE (HK) CO., LIMITED

LETTER OF INTENT
Date : 2024/04/26

To. PT. Saing Bara Energi

Attn. Mr. Mujiharto (Director)
Cc. : Mr. Risto Samosir

We, GUANGCHENG INTERNATIONAL TRADE (HK) CO., LIMITED declares that it is our corporate intention to
purchase the Thermal Coal NCV (ARB) 5200, in the quantity, quality and as specified in the terms and
conditions as stated bellow:

Commodity Name Order Quantity First / Trial

Thermal Coal NCV (ARB) 5200
100,000-200,000 / 50,000
monthly

Paramete Basis Unit Typical Rejection

r
Net Calorific Value ARB Kcal/kg 5,200 < 5,000
Total Moisture ARB % < 14 > 18
Inherent Moisture ADB % <9 No
Rejection
Ash Content ADB % < 14 > 18
Volatile Matter ADB % 38 Approx. > 45
Total Sulphur ADB % 0.5 – 0.8 > 0.9
HGI % 45 – 55 < 45
Size: 0-90 mm % 95 < 90
Hgd µg/g ≤ 0.6 > 0.6
Asd µg/g ≤ 80 > 80
Pd % ≤ 0.15 > 0.15
Cld % ≤ 0.3 > 0.3
Fd µg/g ≤ 200 > 200
Benchmark Price & Price Payment Term
1. DLC as the guarantee
Rules Review
2. 95% of Payment against shipping documents in
ICI minus 10% + freight + insurance Period loading port / 5% of Payment against CIQ in
every 3 months discharging port
3. Price deduction: The CIQ result of NAR drop >50
Freight = t.b.a Kcal/kg in discharging port, price need to be
Insurance = adjusted
4. Inspection: CCIC
t.b.a

地址：香港灣仔駱克道 300 號僑阜商業大廈 12 樓 A 室

Address：
FLAT/RM A 12/F ZJ 300, 300
LOCKHART ROAD, WAN CHAI,
HONG KONG
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GUANGCHENG
INTERNATIONAL GUANGCHENG INTERNATIONAL TRADE (HK) CO., LIMITED

This LOI is the only current active and valid LOI and has been exclusively offered to Seller mandate to release the FCO.

________________________________
Buyer´s signature sealed and stamp

地址：香港灣仔駱克道 300 號僑阜商業大廈 12 樓 A 室

Address：
FLAT/RM A 12/F ZJ 300, 300
LOCKHART ROAD, WAN CHAI,
HONG KONG