a. Buyer issues ICPO. Both parties sign the contract, and party A shall provide party B with PPOP.

b. Buyer’s bank issues MT799 from Prime Bank for this cargo quantity

c.At Qingdao Bonded storage tanks, Buyer will provide their Cargo agent to Seller cargo agent. Both parties will arrange CCIC/CCIQ to conduct Quality & Quantity. Buyer pays for this Dip Test.

d. After CCICs commodity inspection report, Buyer shall settle the payment with Seller within 24 hours (MT103/TT payment); After Party A receives all the payment for the goods, he will transfer the title of the goods and the rented storage tanks to Party B, provides a pro forma invoice, assist Party B in customs clearance; the transaction is completed.