hengtaifeng technology co., ltd product sales contract buyer : jiangsu qihan machine tool co., ltd ( “ the buyer ” hereinafter ) seller : shenzhen hengtaifeng technology co., ltd. ( “ the seller ” hereinafter ) contract no. : sh2007 - q004 date : april 16, 2007 product sales contract this contract is signed by and between the buyer and the seller ; whereby the buyer agrees to buy and the seller agrees to sell the under - mentioned devices / goods subject to the terms and conditions as stipulated hereinafter. section 1. list of the devices and goods ( rmb ) no. name of commodity quantity unit price total price 1 cnc 980td 2 8, 000 16, 000 2 cnc 980td allocation da98a - 15 / 2 8 21, 000 168, 000 total rmb 184, 000 section 2. payment and delivery 1. terms of payment : the buyer shall pay the entire contract price to the seller within six months after signed this contract. 1. 1. terms of payment : the buyer shall pay the entire contract price to the seller within six months after signed this contract. 2. terms of delivery : highway transport. 2. 2. terms of delivery : highway transport. 3. place of delivery : no. 1 kuangji road, zhenjiang city, jiangsu province. 3. 3. place of delivery : no. 1 kuangji road, zhenjiang city, jiangsu province. 4. consignee : ms. limin 4. 4. consignee : ms. limin section 3. service terms : provided by the original manufacturer section 4. ownership of the goods and risk transfer 1. regardless where the goods locate, the seller is the unique owner of the goods before the buyer pays for all the goods. the seller shall have the rights to recover all of the goods delivered to the buyer under the condition of impossible implementation of this contract. 1. 1. regardless where the goods locate, the seller is the unique owner of the goods before the buyer pays for all the goods. the seller shall have the rights to recover all of the goods delivered to the buyer under the condition of impossible implementation of this contract. 2. the risks of the goods shall belong to the seller commencing on the taking effect of this contract and until prior to delivery of the goods to the buyer. after which time, the risks