The loan is applied only to party A (staff of 中国钢研科技集团有限公司) for the purpose of procurement (inclusive of building,renobation or equivalent) of the premise located at 1505,1st 12th floor,C1 buildig,Xiang Lu Sore North Road,DouGe Zhuag,ChaoYang District,BeiJing,withing building area 100.04 meter square,useful are 89.86 meter square.Total loan amount is RMB one million and two hundreds fifty thousands.