The contract number: an important reminder: this contract was entered into by the parties on an equal and voluntary basis, in accordance with the relevant laws and regulations, and all the terms were genuine expressions of the parties' intent. In order to fully uphold the legitimate rights of the parties, mr. Autra drew their full attention to the contents in bold on the basis of a careful reading of the terms of the contract. (a) alpha: zhejiang zhengjin industries progress ltd., sub-company c: b: identity card number: domicile: ding (guaranteer 1): id number: domicile: ding (guaranteer 2): id number: ding (guaranteer 3): id number: domicile: ding (said guarantor) (all referred to as ding); in order to clarify the rights and obligations of the a, b, c and d quartet, and in accordance with the laws and regulations of the people's republic of china, such as the general principles of civil law, the contract law and the property rights law, the a, b, c and d quartet, after friendly consultations, agrees to conclude this contract in order to comply with it jointly. 1. Prior to the issuance of the bank's instalments loan for the purchase of the car, party b entrusts party a with the purchase of the car on its behalf and the partial purchase of the car on its behalf (hereinafter referred to as “the surrogate advance”) and the brand type of the vehicle is specified by party b. The specific brand type, frame number, engine number and vehicle price are set out in the “special terms of agreement” of this contract. 1. 2 where a agrees to advance funds on behalf of b, b shall make its own down payment to the car dealer not less than 30 per cent of the price of the vehicle in advance of a's advance, and the remaining tails shall be made by a after the adoption of the approval of the advance directly or by a third party designated by a to the account designated by the car dealer or car dealer, the amount of the advance, the manner in which the advance is to be made, etc., as agreed in the “special terms of agreement” of this contract. 1. 3 all disputes arising out of vehicle-related problems on behalf of a shall be settled between b and the car dealer, independently of the bank and a. Party b shall not delay or refuse reimbursement of advance funds and related expenses to party a on the grounds that the vehicle is in question. 1. 4 party b guarantees the authenticity of all information provided to party a and to the bank for the processing of loans. After the bank's approval of the loan application of b, b has irrevocably authorized the bank to transfer the loan funds directly to the account designated by a for the repayment of funds advanced by a and related expenses. Article ii information gathering, investigation, 2. 1-b commissioning parties to collect the relevant information required to apply for payment in instalments. 2. 2 b agrees and cooperates in the investigation of its credit information, including, but not limited to, bank call information, criminal record, litigation, execution information; b agrees and cooperates in the investigation and verification of the legality, validity and authenticity of its loan information. Third, the registration, transfer and mortgage of the vehicle, the party of 3. 1 b, agreed to give collateral to the bank, which is the collateral for the vehicle. A second party shall, within a specified period of time (within 15 days from the date of release of the national vehicle from the bank and within 30 days from the import of the vehicle), complete the registration of the vehicle, the transfer and the mortgage, and if the other party fails to complete the registration of the mortgage within the agreed time period, shall place the vehicle in the custody and disposal of the first party and bear all the risks arising therefrom. 3. 2 before completing the registration of vehicle mortgages, party b shall deposit the original of the vehicle purchase invoice, the original of the vehicle insurance policy (which includes commercial and risk insurance, and the same) and the original of the registration certificate for the motor vehicle. Upon completion of the registration of vehicle mortgages, b agrees to transfer to the bank the information required by the bank, such as the original vehicle purchase invoice, the original insurance policy, the original motor vehicle registration certificate, the original tax clearance certificate and a copy of the motor vehicle licence, to be retained by the bank. Article iv gps installation 4. 1 during the performance period, a party is entitled to carry out a vehicle gps positioning installation in the following manner in respect of the vehicle purchased by the client in instalments: (1) it is confirmed by a that the vehicle purchased by b in instalments is not required to install a gps system; (2) it is confirmed by a that it is required to cooperate unconditionally with the vehicle purchased by a in its instalments; and (3) it is required to install a gps system in other: 4. 2 all costs incurred for the installation of the vehicle-borne gps system are borne by party b. 4. 3 b agrees to the right of a to compel possession of the vehicles (collateralized vehicles) purchased by b for payment in instalments, and to require b to settle bank loans in advance, if b does not take action to remove or prevent gps operations. Article v vehicle insurance 5. 1 b parties agree to authorize irrevocably the first and renewal of the vehicle (collateralized vehicle) for which the vehicle has been purchased within the period of the instalments, and to cover the insurance costs incurred in connection with such insurance as bank claims, vehicle losses, third-party liability, theft and self-burning. 5. 2 if a party does not voluntarily renew the insurance prior to the expiration date, it is entitled to renew the insurance on its behalf, the costs resulting from which are borne by it: if a pays the retention costs for b advance, a is entitled to be deducted from the performance bond under this contract in preference. 5. 3 in the event of an accident involving various types of vehicle covered by insurance, the bank has the right to enforce the settlement of the b loan if the settlement exceeds 50 per cent of the remaining loan and the shortfall is borne by b or reimbursed with the residual value of the vehicle. The settlement exceeds the remaining loan and the excess is received by b. 5. 4 if b, after having paid all its contributions in advance, submits a refund to the insurance company, all costs associated with risk liability and premiums are borne by b. 5. 5 b undertakes to cover the period of time corresponding to that of the outstanding credit card overdraft and to indicate in each policy that the first beneficiary of the insurance is the loan bank. Article vi. Quality issues for vehicles whose purchase is confirmed by party b, who has signed an agreement with the bank concerning the purchase of the vehicles in instalments, is deemed to have agreed to declare the vehicle information to the bank for the purchase of the vehicles in instalments, and to have applied for the purchase of the vehicles in instalments, if all disputes arising out of issues such as the quality of the vehicles purchased by party b and after-sale services are resolved by party b, in consultation with the owner, and not related to the bank, party b may not delay or refuse to pay for the quality of the vehicle or the related expenses on the grounds that the party concerned has serious quality problems and other particular reasons for the replacement or return of the vehicles. 7. 1 during the repayment period in instalments, if b fails to repay the loan to the bank in full and on time, c will make an appointment for the overdue claim in accordance with its agreement with the bank and will pay the advance payment in the amount to which b is due. When c makes payment of the assigned price, b shall return all outstanding bank principal, interest, default, etc. If b fails to fulfil the aforementioned repayment obligation within 10 working days, c has the right to take possession of the vehicles (collateralized vehicles) and the related certificates purchased by b in instalments and to dispose of them. Priority is given to the payment of the price received for disposal of the debts and related costs incurred by b. 7. 2 in view of the emergence of the above-mentioned overdue claims, because b has not paid its principal interest on the bank in full and on time, c has the right to charge b with 0. 067 per cent/day of the occupancy of the funds in the amount of the assigned price for the number of days it actually took to pay the advance price. 7. 3 b that does not return all outstanding bank principal, interest penalty, default, etc. At the `time ' agreed in accordance with article 7. 1 shall deposit the vehicle and the related certificate of authority in the custody of party a or directly in the custody and disposal of party c. 7. 4 if the bank transfers the loan claim (interest on the loan, interest penalty, default) and related rights (including mortgages) to the c party, the b party consents unconditionally to the transfer and cooperates with the realization of the above-mentioned claim, the security interest. After the c-party has been granted a claim, the b party shall pay interest to the c-party at 0. 067 per cent of the amount claimed. In order to ensure the performance of paragraph 11. 2 of this agreement, the party has voluntarily provided the party with irrevocable joint and several guarantees. (1) the scope of the duty to guarantee includes, but is not limited to, advances for the purchase of vehicles, interest, default and the full costs of realizing claims. (2) the period of the guarantee shall be two years from the date of expiration of the period of performance of the obligation agreed upon by b under article 11. 2. 1 hereof。(3) if party b makes a separate reference to ensure its ability to perform
