[Trade]

1. To purchase plastic
    ■Make payment in installments with a level that the market regulated. Pay handling charge with a level of 2 Yuan/ Ton while concluding a deal.
    ■The purchaser shall deliver the goods on schedule on delivery day the market stated. The payment ways are as follows:
    (1) The initial payment is 20%, which shall be paid off in one time while concluding the deal;
    (2) If the settlement price of this market is under the buying price, the trader shall complement the price gap outer of the above lowest money in time.
    (3) Paid up to the order payment of the purchaser before opening of the third business day counted backwards from the delivery day;
    (4) The market gives the bill of lading of the warehouse appointed to the purchaser on delivery day.
    ■The purchaser can apply for delivery ahead of schedule before the delivery day.
    (1) to bring forward an application for delivery ahead of schedule to be approved by the market;
    (2) to complement full payment for goods in one time;
    (3) to get bill of lading on delivery day (ahead of schedule).
    ■While delivering, the traders shall pay handling charge of delivery with a level of 15Yuan/Ton to the market.
    Inspection of the goods
    ■If the purchaser has demurral about quality of the goods, the purchaser shall notify it to the market in written form or data message within five workdays from the delivery day (included). And the goods are to be checked by commerce (quality) inspection department that the market appointed. And the test result is to be the last basis to determine the quality grade of the goods. If this test result conforms to the quality grade specified in the warehouse warrant, the relative charges (including test charge, storage charge during test time, etc.) are to be shouldered by the purchaser; otherwise, the charges are to be shouldered by the seller. The purchaser will get the invoice of value-added tax after the quality of the goods has been validated.

2. To sell plastic
    ■Supply surety for delivery as required by the market to ensure to deliver the goods on schedule. Pay handling charge of trade with a level of 2 Yuan/Ton while concluding a deal.
    ■Store goods in the warehouse that the market appointed. Get the stock credence from the warehouse and register it in the market to be a warehouse warrant.
    ■The trader can deliver goods on delivery day that the market stated.

    ■The seller shall refer the market warehouse warrant which conforms to the contract before opening of the second business day counted backwards from the delivery date. Before doing it, the seller shall supply surety for its delivery to the purchaser:
    (1) The initial deposit is 20% of payment, which shall be paid off in one time while concluding the deal;
    (2) If the settlement price of this market is higher than the selling price, the seller shall complement the price gap outer of the above lowest money in time.
    (3) On delivery day, the market will transfer 80% of the payment for goods to the purchaser.
    ■The trader can redeem the surety pre-supplied for its delivery after transacting the procedure of delivery commissioned with the market depending on the registered warehouse warrant. The seller can apply for delivery ahead of schedule before the delivery date:
    (1) to refer the warehouse warrant to the market;
    (2) to transact procedure for delivery commissioned;
    (3) to wait for the purchaser’s application for delivery ahead of schedule;
    (4) to take 80% of payment for goods on delivery day(ahead of schedule).
    ■While delivering, the trader shall pay handling charge of delivery with a level of 15Yuan/Ton to the market.
    Inspection of the goods
    ■If the purchaser has no demurral about quality of the goods within five workdays from the delivery date (included) or the goods are checked to be conforming:
    (1) The seller shall fill out an invoice of value-added tax on full payment within ten workdays to the purchaser;
    (2) The seller settles the relative charges about storage etc. and then returns the stock credence back.
    (3) The seller takes the residual 20% payment for goods.
    ■ If the purchaser has demurral about quality of the goods and that the goods has been inspected not to conform to the quality standard specified in the electronic contract, this forms breach for the seller. Both sides of business shall arrange to deal with the defect goods themselves. If negotiating not successful, the market will transfer 20% of the payment of this part of goods to the purchaser as a penalty for breach, and the goods vest in the purchaser. The purchaser has recourse if it is not enough for loss offset yet.