seller : zhengzhou duesail fracture proppant contract no. : jl - xz - 014 co., ltd. buyer : shanghai jolly imp & exp. co., ltd. time of execution : jan 24, 2011 commodity name manufacturer unit for quantity unit amt delivery no. and measurement price ( rmb ) time and spec. ( rmb ) quantity model no. 6914900000 low - duesail metric ton * * 85866480 delivery density subject to haydite buyer ’ s 20 / 40 notice memo : rmb 170 per mt ( including freight ) separately invoiced ( one 17 % vat invoice for payment for products, the other invoice for freight ) total rmb : eighty - five million, eight hundred and sixty - six thousand, four hundred and eighty commodity commodity name name manufacturer manufacturer unit for unit for quantity quantity unit unit amt amt delivery delivery no. no. and and measurement measurement price price ( rmb ) ( rmb ) time and time and spec. spec. ( rmb ) ( rmb ) quantity quantity model model no. no. 6914900000 6914900000 low - low - duesail duesail metric ton metric ton * * * * 85866480 85866480 delivery delivery density density subject to subject to haydite haydite buyer ’ s buyer ’ s 20 / 40 20 / 40 notice notice memo : memo : rmb 170 per mt ( including freight ) separately invoiced ( one 17 % vat invoice for payment for products, the other invoice for freight ) total rmb : eighty - five million, eight hundred and sixty - six thousand, four hundred and eighty total rmb : eighty - five million, eight hundred and sixty - six thousand, four hundred and eighty seller buyer seller : zhengzhou duesail fracture proppant co., ltd. buyer : shanghai jolly imp & exp co., ltd. address : 38 gengsheng ave., dayugou industrial park, address : room 2003, a bldg., 500 gongyi, henan province. hongbaoshi rd., changning district, shanghai legal representative : legal representative : attorney - in - fact : fei yinbiao attorney - in - fact : huang junyu date : jan 24, 2011 date : jan 24, 2011 telephone : 0371