ICBC Account Bond Trading Business Escrow Agreement

Party A (Customer):金融@家

Party B: ICBC

I. Responsibilities of Party A

1) Party A voluntarily opens bond escrow account at Party B's Internet Banking and trade bond at the offer of Party B and takes investment risk by itself. Party A has read and agrees to abide by Instructions to Customers of ICBC Online Bond Business.

II) A customer shall specify a Peony Moneylink Card (or Elite Club Card) registering ICBC Personal Internet Banking as capital account. So specified Peony Moneylink Card (or Elite Club Card) shall be investor's Bond Trading card.

III) Party A shall pay related service fees according to regulations of Party B, including bond escrow account opening fee and other related fees.

IV) Loss report of Bond Trading card or password should be processed according to Party B's regulations on loss report. Party A shall go to Party B's business office to re-apply a new card or cancel it if the Bond Trading card is lost (stolen) or Party A need to stop using the bond escrow account.

II. Responsibilities of Party B

I) Open bond escrow account for Party A and be responsible for daily maintenance;

II) At its own discretion, issue transaction offer according to regulations of the People's Bank of China;

III) Complete Bond Trading transaction after receiving Party A's trade instruction and through the bond escrow account opened by Party A at Party B.

IV) Correctly and continuously record its Bond Trading details and balance for Party A;

V) Provide enquiry service of bond escrow account and capital settlement account;

VI) Keep confidential for account of Party A.

III. Interest calculation

According to regulations of the People's Bank of China accrued interest at offer reserves two digits after the point by rounding while19 digits after the point are remained in the Party B's system. In the Bond Trading between Party A and Party B, bond settlement amount is calculated based on accrued interest (i.e. 19 digits after the point), possibly resulting in slight difference between settlement price and that calculated based on the offer. ICBC takes no economic or legal responsibility for this.

IV. Risk Prompt

Party B has right to, at its own discretion, set or adjust Bond Trading price within the price change scope as specified by the People's Bank of China and according to fluctuation of bond market. Party A shall take the responsibility for risks and losses possibly caused by bond price fluctuation.

To easily control trade risk of the both parties, accumulated bond facial amount purchase a day shall be no more than RMB10 million and Party B has right to change the amount.

V. Exception clauses

Party B takes no economic and legal responsibility for the loss caused to Party B by force majeure such as earthquake, flood, fire, law and policies change and unpredictable factors such as communication failure or computer system failure, etc.

VI. Disputes in connection with the agreement shall be settled through negotiation between both parties. If no settlement is made, the disputes shall be submitted to the local Peoples' Court of Party B for lawsuit.