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irrevocable documentary credit application

to: bank of China dates:

() issue by airmail () With brief advice by teletransmission () issue by express delivery (x) issue by teletransmission (which shall be the operative) Irrevocable documentary number credit date and place of expiry: aug 30,2007

applicant: Shanghai baud data LTDNo.123, Juli Road, Pudong Zhangjiang High-Tech Park, Shanghai 201203, p.r.china

Chestnut Ridge, new York 10977 tel: 1-845-4252000 fax: 1-845-4258967

advising bank: 000.00

partial shipments () allowed (x) not allowed) transshipment () allowed (x) not Bysightpayment () byacceptance (x) bynegotiation () bydeferred payment at against the documents detailed here in (x) And beneficiary's draft for 100 of the invoice value at sight on bank of China

loading on board/dispatch/take From new York airport not la ter than: aug 20, 2007 for transportation to: Shanghai airport

() fob () CFR (x) cif Shanghai () or otherters P >

documents required: (marked with x) 1. (x) 1. (x) manually signed commercia

L invoice in 3 copies indicating this l/cNo. and contractNo. g123/07b (photo copy and carbon copy not acceptable as original) 전체 세트 (included original and non-negotiable copies) Of clean on board "freight" ocean bills of lading made out to order and blank endorsed, Marked "notifying 3. (x) air waybills showing" freight prepaid "and consigned to applicant 4. () Railway bills showing "freight" and consigned to5. () memorandum issued by _ _ _ _ _ _ _ _ _ _ Full set (included 1 original and 1 copies) of insurance policy/certificate for 110 of the invoice value, Showing claims payable in China in currency of the draft, bank endorsed, Covering () ocean marine transportation/(x) air transportation/() over land transportation) all risks, Warrisks.7. (x) weight memo/packing list/in 3 copies issued by beneficiary indicating quantity/ Gross and net weights of each package and packing conditions as called for by the l/C. packed in sea worth wooden cases.8. () Certificate of quantity/weight in 2 copies issued an independent surveyor at the loading port ， Indicating the actual surveyed quantity/weight of shipped goods as well as the packing condition.9. (x) Certificate of quality in 2 copies issued by (x) manufacturer/() public recognized surveyor/() 10. (x) bener

Is patched to the accountees with 3 days after shipment advising (x) name of flight/(x) date, quantity, Weight and value of shipment. 11. () Beneficiary's certificate certifying that extra copies of the documents have been dispatched according to the contract terms.12. ( Shipping co's certificate attesting that the carrying vessel is chartered or booked by accountee or their shipping agents: 13. (x If any:: a) certificate of three years free warranty in China issued by beneficiary.b) operation instruction book covering: All banking charges outside the opening bank are for beneficiary's account.2. (x) Documents must be presented with 15 days after the date of issuance of the transport documents but within the validity of this credit.3. (x Third party as shipper is not acceptable.short form/blank back b/l is not acceptable.4. () Both quantity and amount 10 more or less are allowed.5. () prepaid freight drawn in excess of l/ C amount is acceptable against presentation of original charges voucher issued by shipping co./airline/or it's agent.6 .. All documents to be forwarded in one cover, unless otherwise stated above.7. () other terms, If any:

accountNo.: with (이름 of bank)

transacted by:

(Applicant： name, signatyure of authorized person)

telephoneNo. (seal 사용)