LOI EN590 Shandong

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Shandong HongYu Trading LTD.

To:LLC RN-PURNEFTEGAZ
Date:04,October,2023
Ref.No.04102023-HY/RP-LOI-En590

LETTER OF INTENT (LOI)

Dear Sirs,

We,as Shandong HongYu Trading LTD, the undersigned, hereby state and represent that it
is our intention to purchase, and we confirm that we are ready, willing, and able to purchase
the following commodities as per the specification and in the quantity and for the price as
specified in the terms and conditions as stated below:

COMMODITY EN590 10ppm

ORIGIN Non-Sanctioned Countries

SPECIFICATION Export Standard Quality as attached

QUANTITY Trial 500 000 MT; Annual Contract 1 000 000 MT x 12 Months

CONTRACT LENGTH 12 Months contract with rolls extension

TARGET PRICE US $410 per MT

DELIVERY CIF FUJAIRAH


CONDITIONS:

INSPECTION SGS, CIQ

PAYMENT DLC/SBLC/MT103

PRIORITY Immediate

ShanDong Hongyu Trading Limited

ROOM220-5-12/F, EAST OFFICE BUILDING NO.45BEI JING ROAD, QIANWAN FREE TRADE PORTAREA QING DAO SECTION
PILOTFREE TRADE ZONE(A)SHANDONG CHINA
Telephone No: +86 15680688685
Shandong HongYu Trading LTD.
THE BANK INFORMATION OF THE BUYER:

BANK NAME: China Minsheng Bank


BANK ADDRESS: No. 67. Honggi Street, Huanghua city, Hebei
Province,China

ACCOUNT NUMBER: 636831048

BANK SWIFT MSBCCNBJXXX

ACCOUNT NAME Shandong HongYu Trading LTD

The given document is a legal basis for transferring by the Seller of the accepted terms
and parameters to the project of the prepared Contract, and also is an integral part of the
future Contract

Shandong HongYu Trading Limited

ROOM220-5-12/F, EAST OFFICE BUILDING NO.45BEI JING ROAD, QIANWAN FREE TRADE PORTAREA QING
DAO SECTION PILOTFREE TRADE ZONE(A)SHANDONG CHINA
Telephone No: +86 15680688685
Shandong HongYu Trading LTD.

Company name: Shandong HongYu Trading LTD.

Company address :ROOM220-5-12/F, EAST OFFICE BUILDING NO.45BEI JING


ROAD, QIANWAN FREE TRADE PORTAREA QING DAO SECTION PILOT FREE
TRADE ZONE(A)SHANDONG CHINA

Representative: Zhang Jian

Contact email: [email protected]

Contact phone number: +971 504693282

Bank information

Bank Name: China Minsheng Bank

Address: No. 67. Honggi Street, Huanghua city, Hebei Province,China

Swift Code: MSBCCNBJXXX

Bank account No.: 636831048

Bank Name: Bank of China

Address: NO.65XIANG JIANG ROADQINGDAO ECONOMIC ANDTECHNICAL


DEVELOPMENT ZONE,QINGDAO,SHANDONGCHINA

Swift Code: BKCHCNBJ50A

Bank account No.:220848362685

ShanDong Hongyu Trading Limited

ROOM220-5-12/F, EAST OFFICE BUILDING NO.45BEI JING ROAD, QIANWAN FREE TRADE PORTAREA QING DAO SECTION
PILOTFREE TRADE ZONE(A)SHANDONG CHINA
Telephone No: +86 15680688685
Shandong HongYu Trading LTD.

TRADE LICENSE

Shandong HongYu Trading Limited

ROOM220-5-12/F, EAST OFFICE BUILDING NO.45BEI JING ROAD, QIANWAN FREE TRADE PORTAREA QING
DAO SECTION PILOTFREE TRADE ZONE(A)SHANDONG CHINA
Telephone No: +86 15680688685
Shandong HongYu Trading LTD.

PASSPORT COPY OF CEO

Shandong HongYu Trading Limited

ROOM220-5-12/F, EAST OFFICE BUILDING NO.45BEI JING ROAD, QIANWAN FREE TRADE PORTAREA QING
DAO SECTION PILOTFREE TRADE ZONE(A)SHANDONG CHINA
Telephone No: +86 15680688685
Shandong HongYu Trading LTD.

This translation is unofficial and provided for convenience of reading


only.
Proof of Funds
(Certificate of Balance)
To whom may concern
We hereby certify that up to 2023/09/26 09:21:57 am Shandong
HongyuTrading Co. has a balance account with this bank as follows:
Bank account No.: 636831048

Currency & amount: RMB/923,716,245.5

This Statement of Balance is confirmed to be a certification of the


details inrespect of the above deposit(s) with our bank as of the date
and time here of This Statement of Balance shall not be used for any
security purposes, suchas mortgage and pledge. This Statement of
Balance shall be valid onlyif the original is presented with the seal of
our bank duly affixed thereon.Copies of this Statement of Balance shall
not be accepted and accordinglyare invalid Any modification or
alteration of the content here in shallinvalidate this Statement of
Balance.

If there is any discrepancy between the English version and Chinese


versionof this Statement of Balance, Chinese version shall be the
prevailing one.

HEBEI Cangzhou Huanghua Branch


No. 67. Honggi Street, Huanghua city, Hebei Province,China

ShanDong Hongyu Trading Limited

ROOM220-5-12/F, EAST OFFICE BUILDING NO.45BEI JING ROAD, QIANWAN FREE TRADE PORTAREA QING DAO SECTION
PILOTFREE TRADE ZONE(A)SHANDONG CHINA
Telephone No: +86 15680688685

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