Shandong Shouguang Vegetable Trading Market Online

Trading Management Regulation (Version 2008)

Chapter OneGeneral Principles

Item OneIn order to carry out The Agriculture-Countryside-Farmers-Policy of Central Committee of CPC and State Council, speed up socialist new rural construction, fully exert functions of modern market, realize order-form agriculture and realize the aim of reducing circulation cost, increasing circulation speed, enhancing international competition power of vegetable, Shandong Shouguang Vegetable Trading Market Online (short for theMarket) was set up approved by Shandong people’s Government.

Item Two In order to standardize the organization and behaviour of vegetable e-trading, maintain legal interest of traders, according to Property Law of The People’s Republic of China, Contract Law of the People’s Republic of China, E-signature Law of the People’s Republic of China, Futures Management Regulations and other relevant laws and regulations, with reference to National Standard GB/T18769—2003 of the People’s Republic of Bulk Stock Electronic Transaction Specification, we institute the Shandong Shouguang Vegetable Trading Market Online Trading Management Regulation (short for the Regulation).

All the staff in the Market, traders and warehouses appointed goods delivery and acceptance must follow the Regulation.

Item ThreeThe Market will accept supervision and management from national related departments and follow the principle of fair trading and honest credit.

Item Four The Market conduct the business of organizing e-trading for vegetable related variety，goods-distribution and information by e-commerce information technology via “China-VM”(www.china-vm.com).

Chapter TwoTerms and Definition

Item FiveThe traders here, refers to the man getting trading booth approved by the Market and engaging in vegetable trading in the market with good fame.

Item Six Settlement bank refers to the bank appointed by the Market, that assist the Market to do the trading settling, capital transferring.

Settling price refers to the weighted average price for all traded goods in one e-trading contract in one day. If no deal reached, it will be finished according to settling price in the last trading day in the Market.

Delivery price refers to the Market settling price in the last trading day before the delivery date. Both the buyers and sellers will settle the goods according to delivery price. The price difference between delivery price and order price (traded average price) will be reckoned in delivery profit and loss.

Item Seven Warehouses appointed goods delivering and accepting refers to the store place cognized by the Market and has the store qualification in the Market for goods delivery and acceptance.

Delivery and Acceptance in advance refers to the behaviour of both parties makes appointment for goods delivery and acceptance before good delivery and acceptance date.

Delay to deliver and accept refers to the behaviour of both parties makes appointment for goods delay to deliver and accept before good delivery and acceptance date.

Item Eight E-trading contracts refer to the contracts that traders sign through e-trading platform for bounding behaviour of buying and selling.

Bill of Goods refers to the goods storing receipt that offered by sellers, meets the requirements of good delivery and acceptance quality grade in the Market and registered in the Market for good delivery and acceptance. Bill of goods requires indicating original place, specification, quality grade, quantity, location and etc.

Data Electronic refers to the data and information produced, stored or transferred by e-measures, optics-measures or other similar measures, these measures include Electronic Date Interchange (EDI), email, telegram, telex, fax and etc.

Chapter ThreeTrader

Item NineTraders can rent booth from the Market.

Item TenThe Market will charge booth rent fees, standards are as follows:

Half Year Lease, 5000RMB；

One Year Lease,10,000 RMB；

Three-Year Lease,20,000RMB。

The Market can adjust the standards of booth renting fees.

Item Eleven Booth in the Market can be subleased, but can not be threw. When traders subleasing the booth, the subleasing traders and the accepting traders should sign a subleasing contract and the subleasing contract can be in effect after getting approval from the Market.

Item Twelve The following qualifications are required when applying a trader in the Market:

1. Engaging in the activities of production and sales related to vegetables.

2. Promising to follow the Regulations.

3. Having good business fame.

Traders without vegetable background or personal investor would be refused to enter the market and trade.

Item ThirteenApplicants need to fill in Traders Information Document issued by the Market, and submit relevant materials. Applicant must be responsible for the legal responsibility for facticity, accuracy and validity of all the submitted materials. Applicant can get the qualification to be a trader of the Market after getting approval from the Market and pay off booth rent once according to the lease.

Item FourteenTraders can enjoy the following rights:

1. Trading in the Market.

2. Enjoying relevant service provided by the Market, or using relevant facility provided by the Market.

3. Subleasing booth after getting the approval of the Market.

4. Raising advice and suggestions to the Market work.

5. Electing Traders Committee members or being elected Traders Committee member of the Market.

6. Enjoying the other rights that should have.

Item Fifteen Traders should fulfil the following duties.

1. Observing all Regulations and relevant Stipulations of the Market and accept its supervision and management;

2. Safeguarding well their own booth account number and its password and bearing all the occurred responsibilities of using booth account number and its password in the Market;

3. Paying all the fees according to relevant regulations;

4. Informing significant changes happened to the Market in time;

5. Submitting the new data passed Yearly Check and changed date in the booth-open data to the Market for keeping on file every year;

6. Cherishing facilities in the Market and maintain its fame;

7. Fulfilling other duties.

Item SeventeenBefore joining the Market, traders should sign Joining Trading Agreement (Attachment One) with the Market; this agreement is an indiscerptible part of the Regulation.

Item EighteenIf the traders can not participate in trading in the Market continuously, traders should apply for transacting Qualification Writing-off Procedure. The traders who don’t transact the Writing-off Procedures should bear all the responsibilities for traders’ activities in booth account number.

Chapter FourTrading

Item NineteenTrading in the Market refers to the activity of traders’ quoting, reaching a deal, vegetable buying and selling through Trading System in the Market.

Item TwentyThe Market will take a trading method of making offer, making promises, and signing e-trading contract through e-trading platform in the Market. Period of trading contract will not be more than 6 months (except garlic variety).

Item Twenty-oneTrading time of the Market is 9:30am---11:30am from Monday to Friday (except national legal holidays).

If it is necessary, the Market will decide the trading time and date.

Item Twenty-twoTrading quotation (garlic) in the e-trading contract of the Market refers to the non-tax price (VAT is not included)that both parties fix that vegetable quality grade, original place is Shandong province and deliver in the delivery and acceptance warehouses appointed by the Market in the e-trading contract.

Trading quotation (pumpkin) in the e-trading contract of the Market refers to the non-tax price (VAT is not included) that both parties fix that vegetable quality grade in the e-trading contract, deliver in the delivery and acceptance warehouses (Shouguang) appointed by the Market.

Item Twenty-threeQuotation currency in the Market is RMB, quotation unit is RMB/ton, and trading unit is batch, a batch of garlic is one ton.

Quotation currency in the Market is RMB, quotation unit is Yuan/ton, and trading unit is batch, each batch is one ton (garlic, pumpkin).

Item Twenty-fourThe Market would set rise and drop restriction through the Trading System. Rise and drop restriction on current day is±5% of settling price in the last trading day. If quoted price in closing quotation reaches increasing scope of the upper limit or falling scope of lower limit for continuous two trading days, the Market has the right to adjust rise and drop restriction.

Item Twenty-five According to traders’ production scale and capital, the Market will decide the volume of order for each booth. The Market limits maximum volume of order for each booth (garlic 10000 tons，pumpkin 5000 tons). Volume of ordering in e-trading contract of the Market shall not be more than the total quantity of social supply and demand in the same period.

Item Twenty-sixTrading Process in the Market:

1. Traders should sign duty documents relate to trading (including Data Electronic Text Contract);

2. When purchasing goods, traders should pay the payment for goods to the Market according to relevant rules and input the purchasing instruction to the Network Trading System in the Market;

3. When selling goods, traders should sign Goods Supply Guarantee Contract (Attachment Three) with the Market, offer relevant goods guarantee money or submit goods-having approved by the Market, then input selling instruction to the Network Trading System in the Market;

4. According to the payment for goods and its goods of both parties, the Market will confirm traders’ qualification; make buying or selling instructions in sequence with a principle of Price First and Time First. When buying price is more than or as same as selling price, it will automatically reach a deal. Traded price will be the earlier applying one of buying or selling price. Traded price is the ordering price of e-trading contract signed by two parties of trading or e-trading contract submitted by one party.

5. Trading application would be effective by the organization of the Trading System; the trading result is regarded as e-trading contract (Attachment Three) of two parties of the trade and has legal effect. The information will be sent to the trader’s computer through Computer Traded Reporting System, at the same time, Trading System will reckon capital of each trader. When less money in traders’ account, the system will refuse to accept traders’ instruction s of new orders.

6. If applied trading quantity can not be finished totally, unfinished part will be stored in the Trading System in the Market and continually participate in trading on current day. Unfinished instruction can be cancelled, if not cancelled; it will be automatically out of effect after finishing the trading on current day.

7. When transferring e-trading contract, the transferring party should get or pay the transferring price gap of the contract according to difference between transferring order price and original order price. Price difference is calculated as follows:

Price Difference gained and paid by buyers:

（transferring order price-order price from the buyer）× quantity of transferring(tons)

Price Difference gained and paid by seller:

（Order Price from the seller- transferring order price）× quantity of transferring(tons)

Item Twenty-sevenTo guarantee safety of Network Trading System, the Market will carry out booth code management. Booth code is consist of 6 digits, the first 4 digits are booth identification code and it is fixed by the Market; the last two digits will be chosen by trader and approved by the Market.

Item Twenty-eightTrading System in the Market would only accept the trading instruction labelled booth code. Traders will be responsible for all the legal duties to trading instruction occurred when using the code.

Item Twenty-nineTraders should pay handling fees with a standard of 1 RMB/ton (garlic) of all traded quantity on current trading day to the Market; The Market has the right to adjust trading handling charge standard.

Chapter FiveSettlement

Item Thirty Settlements in the Market refers to operation activity of capital calculation and transfer for traders’ the payment for goods, price difference and all kinds of fees according to trade result and relevant rules and regulations in the Market.

Item Thirty-one When the traders participating in trading in the Market, traders should deposit enough money in the special account of settling bank appointed by the Market to ensure payments for goods can be paid in time.

The Market will carry out sortable account management for all the traders who deposit money in special settling account appointed by the Market and establish controlled accounts for each trader.

Item Thirty-two Through the settlement bank, the Market can collect, pay or deposit, pay temporarily on behalf of each trader in payments for goods, price difference and all kind of fees and etc.

Item Thirty-threeThe buyers can pay payments for goods by instalment, the detail are as follows:

1. First payment: pay off 20% of ordering payments for good once when reaching a deal;

ordering payments of good＝order price×order quantity(tons)

2. Before the date of goods delivery and acceptance, if settling price is less than buyers’ purchasing price, price difference should be made up of in time.

3. Two trading days before the delivery date and before the Market opening, traders should pay off all the ordering payments for goods.

4. If buyer applies for delivery and acceptance ahead of time before goods delivery and acceptance date, after getting approval from the Market, buyers should complement sum of payments for goods once.

5. The market has the right to adjust standard and schedule of the instalment; buyers should pay all the payments for goods in time according to regulations in the Market.

6. When transferring, cancelling or stopping of e-trading contract, the Market will refund to buyers the remaining payments for goods received after deducting all kinds of fees that buyers need to pay.

Item Thirty-fourThe sellers should offer Supplying-goods Guarantee 履约担保approved by the Market (refer to Attachment Two Guarantee Contract). Bill of good for replacing relevant regulation would be regarded as applying for delivery and acceptance ahead of time. But before delivering and accepting, the traders can redeem the replacing bill of goods approved by the Market.

Item Thirty-fiveThe Market follows a settling method ofreceiving-paying, paying after receiving, receiving and paying in balance.

The Market provides settlement data of current day through giving settling documents or data electronic text, trader can pick-up settlement data from Trading System in the Market.

After closing the Market and finishing settlement in every trading day, the Market will provide Capital Settling Sheet, business record Sheet, Ordering Sheet and other data to traders through Network Trading System.

In some special cases, if the Market can’t offer settling data on time, the Market will notice date of providing settling data in time.

If settling data on current day shows that the balance of the traders’ account is less than minimum ordering payments for good, this result is the notice of a call from the Market; traders should deposit enough money before the opening of next trading day. The Market has the right to adjust the minimum ordering goods.

Item Thirty-six The traders should transfer capital in settlement centre of the Market, the modes are as follows:

1. Transfer in: The Market will publicize special account for ordering payment for goods in appointed settlement bank. Traders will deposit capital in the special account ordering payment for goods of the Market. When doing this, the traders should mark the booth no. and name of traders and fax bank receipt to the Market as soon as possible, and inform Settlement Department in the Market to check and receive. After cash confirmation, Settlement Department will add the balance capital accordingly for the traders.

2. Transfer out: When applying for opening booth, traders should submit Appointed Account Official Letter and seal. Traders can transfer capital out by filling in Capital Transfer ApplicationForm.

Traders should be responsible for all the legal duties and validity of transferring in or out capital according to the above process.

Chapter SixGoods Delivery and Acceptance

Item Thirty-seven Goods delivery and acceptance in the Market refers to the process of transferring ownership of goods contracted in e-trading contract by two parties of trading according to stipulations in the e-trading contract.

Item Thirty-eight The Market regulates that when entering in the delivery month, the date of delivery and acceptance for garlic would be seven days starting from the sixth trading day.（in August, delivery and acceptance date of garlic is from 1 to7 of each month）.

Pumpkin adopts that the combination of delivery and acceptance on time and delay to do it.

The date of delivery and acceptance for pumpkin would be 20 to 26 when entering in the delivery month. The three natural day after goods delivery and acceptance date would be the date of delivery and acceptance, each ton will reduce price to delivery and accept as 5% settlement price of the last trading day for goods (pumpkin) that delay to delivery and acceptance .

The Market has the right to adjust delivery and acceptance date.

Item Thirty-nineThe Market will appoint some goods store place and goods delivery and acceptance warehouses according to the fact.

Item FortyPrice difference refers to the area & quality grade should follow standard made by the Market. The Market has the right to adjust the standard.

Price difference of the area and grade should transact as the standard made by the Market. The Market has the right to adjust the standard.

Item Forty-oneBoth parties of trading can decide to deliver or accept goods out of warehouse appointed by the Market. If they make an agreement on it, relevant affairs would be settled by themselves and the Market will not bear any responsibility for this.

Item Forty-twoBill of goods registered in the Market can be used as goods delivery and acceptance.

Processes of registering bill of goods are:

Sellers should store the goods that meet in Shandong Shouguang Vegetable Trading Market Online Standard Criterion to warehouses that appointed delivery and acceptance by the Market before Market opening of the last but one trading days for this trading variety according to the traded result in e-trading contract. Goods delivery and acceptance warehouse appointed by the Market will check and safeguard the goods and issue unified goods voucher made by the Market to qualified garlic. Sellers should submit the voucher to the Market. The Market will issue goods voucher receipt and register it into bill of goods.（goods can be delivered and accepted outside of Constant Temperature Warehouse in July and August）. Bill of Goods can be used to replace the seller’s relevant capital by approval of the Market.

Sellers must the put forward application that delayed to deliver and accept by the Market before Market opening of the last but one trading days for this trading variety for goods (pumpkin) that delayed to deliver and accept. Goods (pumpkin) that delayed to deliver and accept must be stored to the appointed warehouses by the Market before Market opening of the last trading day. Goods (pumpkin) should be inspected and guaranteed, issue the unified printed goods certification for inspected and regular goods (pumpkin) by goods appointed warehouses in the Market. Sellers should submit goods voucher to the Market. The Market will issue goods voucher receipt and register it into bill of goods.

Item Forty-three Within the goods delivery and acceptance period, the Market will inform related delivery and acceptance parties to transact goods delivery and acceptance issues according to delivery and acceptance application and matched situation.

Item Forty-four Ifbuyers and sellers are not matched (one buyer to many sellers, or one seller to many buyers, or many seller to many buyers) and purchasing price is different from selling price because of e-trading contract transferring, the Market will match the relevant buyers and sellers, goods quantities and delivery place of the expired e-trading contract on delivery date in order to ensure the delivery and acceptance going smoothly.

Item Forty-fiveAfter receiving all buy’s payments for goods and seller’s bill of goods, the Market will issue bill of lading (according to notice of the Market, traders should go to relevant place to take bill of lading)to the buyers. If buyers agree with quality grade and quantity of goods and accept it, the Market will transfer all the capitals to the seller.

Buyers can transact goods out-warehouse with bill of lading issued by the Market (buyers must show authorized certification, consigner and oneself of ID card when entrusting to picking up the goods).

With bill of lading issued by the Market, buyer can transact the procedure of taking goods out of warehouse (the person for picking-up goods from the buyer should offer authorization proves and ID card).

If traders raise the requirement of allocation service, the Market can offer allocation service and charge fee.

Item Forty-sixAll the receivable or payable payments for goods are:（goods delivery price±area price difference±quality grade price difference）×goods delivery and acceptance quantity（ton）.

All the receivable or payable payments for goods are:（goods delivery price±area price difference±quality grade price difference±price difference of delaying to deliver and accept）×goods delivery and acceptance quantity（ton）.

Item Forty-seven

Within 24 hours ofreceiving bill of lading, if has some demurral for the quantity grade of goods, buyers can inform the Market and sellers in writing. Sellers must supply inspect report for these goods by SGS when buyers have some demurral within 72 hours (it is within 36 hours for delaying to deliver and accept).Checking fee will prepaid by sellers and checking result will be regarded as last proofs for checking quality grade of goods if qualified or not.

If checking result by SGS is under quality grade stated in bill of goods, but accord with the substitute goods mentioned in regulation Q/SSD 001-2006 and Q/SSD 002-2007 of Shandong Shouguang Vegetable Trading Market Online Standard Criterion,checking fees will be paid by sellers; If checking result by SGS accord with and is above quality grade stated in bill of goods, but accord with the substitute goods mentioned in regulation Q/SSD 001-2006 and Q/SSD 002-2007 of Shandong Shouguang Vegetable Trading Market Online Standard Criterion, checking fees will be paid by buyers. After receiving check result, the Market will calculate price difference and relevant fee according to the checked quality grade, manage goods delivery and acceptance and transfer capital. If goods don’t accord with the standard goods or substitutable goods mentioned in regulation Q/SSD 001-2006 and Q/SSD 002-2007of Shandong Shouguang Vegetable Trading Market Online Standard Criterion, which means the sellers have broken the contract and inspecting fees would be paid by the sellers. Both parties can discuss and resolve it by themselves, if they fail to reach an agreement, goods can’t be delivered and accepted and the Market will deduct 20% of the payments for goods from sellers to buyers, balance will return to sellers .If it is qualified or no demurral from buyers after checking up, both parties can calculate payments for goods according to the stipulations in Item Forty-six and settle relevant fees after issuing relevant bills.

Item Forty-eight

Fees before out-warehouse will be paid by sellers, works of out-warehouse is responsible for sellers and warehouses. But fees of out-warehouse and weigh is paid by buyers, buyers’ vehicles for picking up the goods should arrive to the delivery and acceptance warehouses on time. After buyers’ vehicles for picking up the goods arrived to delivery and acceptance warehouses, sellers and delivery and acceptance warehouses should manage to deliver and promise that goods delivered will be finished within delivery and acceptance date.

Item Forty-nine

Traders should pay handling fee according to the standard of 10 RMB/ton for quantity of goods (garlic, pumpkin) to the Market when delivering and accepting, if it is less than 10 tons （including 10 tons）, the Market will charge 300RMB for delivery and acceptance fee once.The Market has the right to adjust charging standard for goods delivery and acceptance handling.

Chapter SevenInformation Release

Item FiftyThrough website of China-VM, the Market provides the Market condition and settlement bills to traders.

Item Fifty-one Market information released by the Market include: goods code, goods delivery and acceptance date, latest price, rise and drop, opening price, applying purchase price, applying sell price, maximum price, minimum price, settlement price, turnover, volume of order, volume of trade application and etc.

Chapter EightMediation and Management

Item Fifty-two The traders should fulfil trade contracts and bear risk to all contract occurred in traders’ booths in the Market.

Item Fifty-threeIf dispute or economy bothers happen during the trade in the Market, the traders can resolve it by themselves, or apply for mediation from the Market.

The Regulations is the bounding items to the Market and traders. So, if any disputes caused by or related to the Regulation, it should be submitted to China International Economy and Trade Arbitration Committee（Beijing）. Contract disputes will be arbitrated according to the current effective regulations in the Committee when applying for arbitration. The result of arbitration here is final and is bound to both parties.

Item Fifty-fourRule breaking and resolving

The following actions are taken as breaking the rules:

1. Buyers can not pay all the instalment money timely according to stipulations in the contract;

2. Sellers can not offer Supplying-good Guarantee timely according to stipulations in the contract;

3. Sellers can not submit all registered bills of goods timely according to stipulations in the contract;

4. Buyers didn’t transact procedures of Bill of picking-up within regulated time.

5. Goods quality delivered by sellers is not accord with relevant standards stipulated in the Market rules.

6. Breaking other regulations of the contract.

Rule breaking management:

For the above1-2-3 case, the Market will pause the qualification of buying and selling for breaking rules party and transfer his contact. If contract transferring fails, the Market will resolve it as breaking contract. If breaking contract, the Market will make decision to transfer 20% of payments of goods in the contract as compensation to the other party (20% of payable payment for goods settled in the last trading day).

Item Fifty-fiveThe following activities are forbidden in the Market:

1. Disturbing working staff in the Market to fulfil their duties;

2. Defaulting with hostility to all kinds fees need to pay or deposit;

3. Decrying fame and break the property of the Market;

4. Controlling the Market, disturbing the Market order;

5. Other bad actions that breaking the Regulations and national laws and industry rules.

To the traders who break the regulations in the Market, the Market will give punishment as warning, increase instalment proportion, temporally stop trade, cancel the qualification of being traders and etc according to different situations. If breaking the law, traders will be handed over to Justice Office and investigated the legal responsibility.

Item Fifty-sixThe traders can submit appeal in writing to the Market within three days after receiving the Resolving and ask forreconsidering some points in the Resolving. Before making out any reconsidering result, old decision is still in effect.

Item Fifty-sevenManagement to abnormal situations:

During the process of e-trading, if the following cases occur, the Market will take an emergency measures to avoid risk:

1. Force majeure like earthquake, flood, fire, war or non-market reasons like computer system trouble, regional network trouble occurred;

2. In the process of trade, control market with hostility happen, disturbing the Market order;

3. Abnormal fluctuation in market price causes risk for traders in settlement and delivery and acceptance;

4. For continuous two trading days, quotation in the Market closing reaches its up-limit or lower-limit;

5. Other situations confirmed by the market.

If the above abnormal cases happen, the Market will take measures like adjust opening time, temporally stopping trade, adjusting rising and dropping limit periodically, adjusting schedule of installment payment and charging standard of payments for goods, temporally stop contract signing, transferring in limited time, replacing transfer and etc.

Item Fifty-eight All the Staff or management staff in the Market is not allowed

to participate in trading or participating in trading in other means.

Chapter NineSupplementary Articles

Item Fifty-nineAll the attachments are indiscerptible parts of the Regulations. The explaining rights for the Regulation reserved to the Market.

Item SixtyThe Regulations will be in effect on the date of its publication.

Attachment One:

In-market Trading Agreement

Party A:（Trader）

Party B: Shandong Shouguang Vegetable Trading Market Online

Item OneParty A voluntarily becomes trader of Party B. Before making trade in-market, Party A has read carefully Shandong Shouguang Vegetable Trading Market Online Trading Management Regulation and related documents，Party B has offered full explanation for some issues, Party A will make trade by strictly following the Regulations and stipulations in related documents.

Item TwoBoth Parties think the rights stipulated for Party A in Shandong Shouguang Vegetable E-Trading Market Trading Management Regulation is necessary to ensure contract fulfilment and control market risk; Party A promises to bear all possible risks occurred , Party B will not offer contract-fulfil guarantee

Item ThreeParty A provides Network Trading System, booth and other service related to trading and goods delivery and acceptance and collect, pay the related capital on behalf of Party B.

Item FourParty A will voluntarily adopt Network Trading System provided by Party B and keep as well as change password by himself. As soon as password starting use, Party A’s activity will be in effect. Party B earnestly reminds Party A to be careful with password.

Item FiveParty B has the duties to keep secret for commitments and trade record and other data from Party A. Without legal department or party A’s permission, Party B is not allowed to reveal these data to the third party, otherwise, Party B must bear relevant responsibility.

Item SixBecause of earthquake, typhoon, flood, fire, war and other force majeure happen, party B will not bear responsibility for all the loss of party A.

Item SevenSudden accident caused by indeterminate or uncontrolled factor like system failure, facility failure, communication failure, power cut and etc, Party B will not bear responsibility for all the loss from party A. If trade or trade data was halted because of the above factors, trade data in last record before failures happened will be in effect when registering the trade.

Item EightIf cases happened in Item Six and Seven, Party B should take measures to avoid the loss of Part A expanding in time.

Item NineAll kinds of data and information provided by Party B to party A is just for reference in trade, Party A will bear trade risk by himself.

Item Ten If any disputes caused by or related to the Regulation, it should be submitted to China International Economy and Trade Arbitration Committee（Beijing）. Contract disputes will be arbitrated according to the current effective regulations in the Committee when applying for arbitration. The result of arbitration here is final and is bound to both parties.

Item ElevenIf the Agreement is in written copy, it will be in effect on the date of its signing; if it is in e-copy, it will be in effect when Party A clicks Agree before entering the Network Trading System ,

Party A:(Trader)Party B: Shandong Shouguang Vegetable Trading Market Online

Signing Date：　　　　　　 Signing Date：　

Attachment Two:

Guarantee Contract

Party A:（Trader）

Party B:Shandong Shouguang Vegetable Trading Market Online

Party A and Party B reach the following agreement by friendly negotiation in order to participant in goods trading more convenient in Shandong Shouguang Vegetable Trading Market Online (short for the Market) for Party A,:

I. If selling the goods through the Market, Party A should offer relevant goods having proof (purchasing contract, transporting contract and etc.). Before goods having proof recognized by the Market, Party A should offer relevant guarantee, to guarantee the successful fulfilment of e-trading contract reached in The Network Trading System.

II. Guarantee provided by Party A can be in the following three forms:

1. Cash；

2. Bill, bond, deposit slip and other valuable securities；

3. Other guarantee wealth approved by the Market

III. After offering guarantee to the Market according to Item II and transacting relevant trading procedures, Party A can sell the goods.

IV.Depending on fair principle, guaranteed time and value provided by Party A should be matched to the schedule and proportion in relevant instalment payment from buyer in order to ensure the successful goods delivery.

V.If any disputes caused by or related to the Regulation, it should be submitted to China International Economy and Trade Arbitration Committee（Beijing）. Contract disputes will be arbitrated according to the current effective regulations in the Committee when applying for arbitration. The result of arbitration here is final and is bound to both parties.

VI. Issues not mentioned here can be discussed friendly by both parties.

VII. If the Agreement is in written copy, it will be in effect on the date of its signing; if it is in e-copy, it will be in effect when Party A clicks Agree before entering the Network Trading System ,

Party A:(Trader)Party B: Shandong Shouguang Vegetable Trading Market Online

Signing Date:Signing Date:

Attachment Three:

Shandong Shouguang Vegetable Trading Market Online

Trading Contract (Garlic)

Buyer:

Seller:

Signing Date:

On the principle of equal, voluntary and mutual benefit, buyers and sellers would make the following agreement through quoting and reaching a deal in Network Trading System of Shandong Shouguang Vegetable Trading Market Online(short for theMarket):

I. Specification of Goods:Goods should meet stipulations of standard goods inQ/SSD 001-2006 of Shandong Shouguang Vegetable Trading Market Online Standard Criterion.

II. Goods Code：

III. Quantity（unit:batch: 1batch＝1ton）

IV. Ordering Price（RMB/ton）：（Trade price）

V. Quality Grade: Goods should meet stipulation of standard goods inQ/SSD 001-2006 of Shandong Shouguang Vegetable Trading Market Online Standard Criterion; if goods meet the stipulation of substitute goods in Q/SSD 001-2006 ofShandong Shouguang Vegetable Trading Market Online Standard Criterion, the Market can delivery and accept the goods on behalf of traders after calculating price difference.

VI. Packing: specification of packing must be first class Taixin Bright-Bag (50×90CM) or second class Taixin Bright-Bag (57×98CM) and Violet Net-bag (20kg).

VII. Delivery Place:（goods delivery and acceptance storage and appointed warehouses approved by the Market）.

VIII. Delivery Date: （date of the goods delivery and acceptance stated by the Market）. If necessary, both parties can reach an agreement for goods delivery and acceptance in the appointed warehouses ahead of time.

IX.Related responsibility and fee:

Fees before out-warehouse will be paid by sellers, works of out-warehouse is responsible for sellers and warehouses. But fees of out-warehouse and weigh is paid by buyers, buyers’ vehicles for picking up the goods should arrive to the delivery and acceptance warehouses. After buyers’ vehicles for picking up the goods arrived to delivery and acceptance warehouses, sellers and delivery and acceptance warehouses should manage to deliver and promise that goods delivered will be finished within delivery and acceptance date.

X. Payment：Payments for goods of buyers and sellers will be collected and paid by the Market. Instalment payment standard and schedule will follow stipulations in Shandong Shouguang Vegetable Trading Market Online Trading Management Regulation and relevant rules in the Market.

XI. Inspect standard and methods:

Within 24 hours ofreceiving bill of lading, if has some demurral for the quantity grade of goods, buyers can inform the Market and sellers in writing. Sellers must supply inspect report for these goods by SGS when buyers have some demurral within 72 hours (it is within 36 hours for delaying to deliver and accept).Checking fee will prepaid by sellers and checking result will be regarded as last proofs for checking quality grade of goods if qualified or not.

If checking result by SGS is under quality grade stated in bill of goods, but accord with the substitute goods mentioned in regulation Q/SSD 001-2006 of Shandong Shouguang Vegetable Trading Market Online Standard Criterion, checking fees will be paid by sellers; If checking result by SGS accord with and is above quality grade stated in bill of goods, checking fees will be paid by buyers. After receiving check result, the Market will calculate price difference of payment for goods and relevant fee according to the inspect result by SGS, manage goods delivery and acceptance and transfer capital. If goods don’t accord with the standard and substitutable goods mentioned in regulation Q/SSD 001-2006 of Shandong Shouguang Vegetable Trading Market Online Standard Criterion, which means the sellers have broken the contract and inspecting fees would be paid by the sellers. Both parties can discuss and resolve for settlement of goods by themselves, if they fail to reach an agreement, goods can’t be delivered and accepted. The Market will deduct 20% of the payments for goods from sellers to buyers, balance will return to sellers .If it is qualified or no demurral from buyers after checking up, the Market would calculate receivable and paid payments for goods and settle relevant fees after issuing relevant bills.

XII. Rule breaking and treating

The following actions are taken as breaking the rules:

1. Buyers can not pay the instalment money timely and fully according to stipulations in the contract;

2. Sellers can not offer delivery guarantee timely and fully according to stipulations in the contract;

3. Sellers can not submit all registered bills of goods timely and fully according to stipulations in the contract;

4. Buyers didn’t transact procedures of Bill of picking-up within regulated time.

5. Goods quality delivered by sellers is not accord to relevant standards stipulated in the Market rules.

6. Breaking other regulations of the contract.

Rule breaking treatment:

For the above1-2-3 case, the Market will pause the qualification of buying and selling for breaking rules party and transfer his contact. If contract transferring fails, the Market will resolve it as breaking contract. If breaking contract, the Market will make decision to transfer 20% of payments of goods in the contract as compensation to the other party (20% of payable payment for goods settled in the last trading day).

XIII.If any disputes caused by or related to the Regulation, it should be submitted to China International Economy and Trade Arbitration Committee（Beijing）. Contract disputes will be arbitrated according to the current effective regulations in the Committee when applying for arbitration. The result of arbitration here is final and is bound to both parties.

XIV. Issues not mentioned here can be discussed friendly by both parties.

XV. The contract will be in effect when buyer and seller reaching a deal in Network Trading System.

Buyer:

Seller:

Signing Date:

Shandong Shouguang Vegetable Trading Market Online

Trading Contract (Pumpkin)

Buyer:

Seller:

Signing Date:

On the principle of equal, voluntary and mutual benefit, buyers and sellers would make the following agreement through quoting and reaching a deal in Network Trading System of Shandong Shouguang Vegetable Trading Market Online(short for theMarket):

I. Specification of Goods:Goods should meet stipulations of standard goods inQ/SSD 002-2007 of Shandong Shouguang Vegetable Trading Market Online Standard Criterion.

II. Goods Code：

III. Quantity（unit: batch: 1batch＝1ton）

IV. Ordering Price（RMB/ton）：（Trade price）

V. Quality Grade: Goods should meet stipulation of standard goods inQ/SSD 002-2007 of Shandong Shouguang Vegetable Trading Market Online Standard Criterion; if goods meet the stipulation of substitutable goods in Q/SSD 002-2007 ofShandong Shouguang Vegetable Trading Market Online Standard Criterion, the Market can delivery and accept the goods on behalf of traders after calculating price difference.

VI.Packing: Specification of packing must be firstSkin-Bag (60cm×70 cm and 60cm×70 cm) or Snakeskin-Bag.

VII. Delivery Place:（goods delivery and acceptance storage and appointed warehouses approved by the Market）.

VIII. Delivery Date: （date of the goods delivery and acceptance stated by the Market）. If necessary, both parties can reach an agreement for goods delivery and acceptance in the appointed warehouses ahead of time.

IX. Related responsibility and fee:

Fees before out-warehouse will be paid by sellers, works of out-warehouse is responsible for sellers and warehouses. But fees of out-warehouse and weigh is paid by buyers, buyers’ vehicles for picking up the goods should arrive to the delivery and acceptance warehouses. After buyers’ vehicles for picking up the goods arrived to delivery and acceptance warehouses, sellers and delivery and acceptance warehouses should manage to deliver and promise that goods delivered will be finished within delivery and acceptance date.

X. Payment：Payments for goods of buyers and sellers will be collected and paid by the Market. Instalment payment standard and schedule will follow stipulations in Shandong Shouguang Vegetable Trading Market Online Trading Management Regulation and relevant rules in the Market.

XI. Inspect standard and Methods:

Within 24 hours ofreceiving bill of lading, if has some demurral for the quantity grade of goods, buyers can inform the Market and sellers in writing. Sellers must supply inspect report for these goods by SGS when buyers have some demurral within 72 hours (it is within 36 hours for delaying to deliver and accept).Checking fee will prepaid by sellers and checking result will be regarded as last proofs for checking quality grade of goods if qualified or not.

If checking result by SGS is under quality grade stated in bill of goods, but accord with the substitute goods mentioned in regulation Q/SSD 002-2007of Shandong Shouguang Vegetable Trading Market Online Standard Criterion, checking fees will be paid by sellers; If checking result by SGS accord with and is above quality grade stated in bill of goods, checking fees will be paid by buyers. After receiving check result, the Market will calculate price difference of payment for goods and relevant fee according to the inspect result by SGS, manage goods delivery and acceptance and transfer capital. If goods don’t accord with the standard and substitutable goods mentioned in regulation Q/SSD 002-2007 of Shandong Shouguang Vegetable Trading Market Online Standard Criterion, which means the sellers have broken the contract and inspecting fees would be paid by the sellers. Both parties can discuss and resolve for settlement of goods by themselves, if they fail to reach an agreement, goods can’t be delivered and accepted. The Market will deduct 20% of the payments for goods from sellers to buyers, balance will return to sellers .If it is qualified or no demurral from buyers after checking up, the Market would calculate receivable and paid payments for goods and settle relevant fees after issuing relevant bills.

XII. Rule breaking and treating

The following actions are taken as breaking the rules:

1. Buyers can not pay the instalment money timely and fully according to stipulations in the contract;

2. Sellers can not offer delivery guarantee timely and fully according to stipulations in the contract;

3. Sellers can not submit all registered bills of goods timely and fully according to stipulations in the contract;

4. Buyers didn’t transact procedures of Bill of picking-up within regulated time.

5. Goods quality delivered by sellers is not accord to relevant standards stipulated in the Market rules.

6. Breaking other regulations of the contract.

Rule breaking treatment:

For the above1-2-3 case, the Market will pause the qualification of buying and selling for breaking rules party and transfer his contact. If contract transferring fails, the Market will resolve it as breaking contract. If breaking contract, the Market will make decision to transfer 20% of payments of goods in the contract as compensation to the other party (20% of payable payment for goods settled in the last trading day).

XIII.If any disputes caused by or related to the Regulation, it should be submitted to China International Economy and Trade Arbitration Committee（Beijing）. Contract disputes will be arbitrated according to the current effective regulations in the Committee when applying for arbitration. The result of arbitration here is final and is bound to both parties.

XIV. Issues not mentioned here can be discussed friendly by both parties.

XV. The contract will be in effect when buyer and seller reaching a deal in Network Trading System.

Buyer:

Seller:

Signing Date:

Attachment Four:

Shandong Shouguang Vegetable Trading Market Online

Goods Delivery and Acceptance Agreement ()

Buyer:

Seller:

Middleman: Shandong Shouguang Vegetable Trading Market Online

Signing Date:

Signing Place: Shouguang, Shandong, China

If buyers & sellers are not matched and purchasing price is different from selling price because of E-trading contract transferring and terminating and others when delivering and accepting. The Middleman will match buyers and sellers in the Agreement to delivery and accept goods. Both parties reached the following agreements for goods delivery and acceptance.

I. Delivery Goods：

Substitutable Delivery Goods：

II. Goods Code：

III. Delivery Quantity：ton；

IV. Delivery Price（Settling price on the trading day before delivery date. Both parties will settle the payment according to delivery price.）：:RMB/ton；

V. Price difference allowance in delivery place，quality grade price difference allowance in quality grade for substitutable delivery goods and price difference allowance in delaying to delivery：

1. Area Price Difference allowance：RMB/ton

2. Quality grade Price Difference allowance for substitutable delivery goods：RMB/ton

3. Price difference allowance in delaying to delivery:RMB/ton.

VI. Payments for Goods：（delivery price±area price difference ±Quality grade Price Difference±price difference in delaying to delivery）×delivery quantity（ton）

VII. Delivery place：

VIII. Delivery Date：

IX. Payment: The Middleman will collect or pay payments for goods and bill of lading on behalf of buyers and sellers.

1. On the date of, middleman will pay sellers a sum ofRMB payment for goods(net) from buyers collected on behalf of sellers (before confirming goods accord to standardize goods or their substitutable goods stipulated in Standard Criterion Q/SSD 001-2006 in Shandong Shouguang Vegetable Trading Market Online, the Middleman will freeze the goods)

2. On the date of , Middleman will give buyers goods bill of lading from sellers collected on behalf of buyers in a sum of RMB.

X. Related fee: Storage fees and other fees occur before the date of , will be paid by sellers; after the date of goods delivery and acceptance, buyers will pay storage and take goods out of storage fees until picking-up the goods.

XI. Inspect standard and Methods:

Within 24 hours ofreceiving bill of lading, if has some demurral for the quantity grade of goods, buyers can inform the Market and sellers in writing. Sellers must supply inspect report for these goods by SGS when buyers have some demurral within 72 hours (it is within 36 hours for delaying to deliver and accept).Checking fee will prepaid by sellers and checking result will be regarded as last proofs for checking quality grade of goods if qualified or not.

If checking result by SGS is under quality grade stated in bill of goods, but accord with the substitute goods mentioned in regulation Q/SSD 001-2006 andQ/SSD 002-2007of Shandong Shouguang Vegetable Trading Market Online Standard Criterion, checking fees will be paid by sellers; If checking result by SGS accord with and is above quality grade stated in bill of goods, checking fees will be paid by buyers. After receiving check result, the Market will calculate price difference of payment for goods and relevant fee according to the inspect result by SGS, manage goods delivery and acceptance and transfer capital. If goods don’t accord with the standard and substitutable goods mentioned in regulation Q/SSD 001-2006 and Q/SSD 002-2007 of Shandong Shouguang Vegetable Trading Market Online Standard Criterion, which means the sellers have broken the contract and inspecting fees would be paid by the sellers. Both parties can discuss and resolve for settlement of goods by themselves, if they fail to reach an agreement, goods can’t be delivered and accepted. The Market will deduct 20% of the payments for goods from sellers to buyers, balance will return to sellers .If it is qualified or no demurral from buyers after checking up, the Market would calculate receivable and paid payments for goods and settle relevant fees after issuing relevant bills.

XII. Rule breaking and treating

The following actions are taken as breaking the rules:

1. Buyers can not pay the instalment money timely and fully according to stipulations in the contract;

2. Sellers can not offer delivery guarantee timely and fully according to stipulations in the contract;

3. Sellers can not submit all registered bills of goods timely and fully according to stipulations in the contract;

4. Buyers didn’t transact procedures of Bill of picking-up within regulated time.

5. Goods quality delivered by sellers is not accord to relevant standards stipulated in the Market rules.

6. Breaking other regulations of the contract.

Rule breaking treatment:

For the above1-2-3 case, the Market will pause the qualification of buying and selling for breaking rules party and transfer his contact. If contract transferring fails, the Market will resolve it as breaking contract. If breaking contract, the Market will make decision to transfer 20% of payments of goods in the contract as compensation to the other party (20% of payable payment for goods settled in the last trading day)

XIII. If any disputes caused by or related to the Regulation, it should be submitted to China International Economy and Trade Arbitration Committee（Beijing）. Contract disputes will be arbitrated according to the current effective regulations in the Committee when applying for arbitration. The result of arbitration here is final and is bound to both parties.

XIV. Issues not mentioned here can be discussed friendly by both parties.

XV. The Agreement will be in effect on the date of signing and at the same time terminates Shandong Shouguang Vegetable Trading Market Online () Trading Contract.

Buyer:

Seller:

Middleman:Shandong Shouguang Vegetable Trading Market Online

Signing Date: