On April 26, 2013, Shenzhen Rayitek Hi-tech Film Company Limited entered into the Loan Agreement with Aerospace Finance again, pursuant to which Aerospace Finance shall continue to provide an one-year loan in the sum of RMB 60 million to Shenzhen Rayitek. Shenzhen Rayitek will charge its land and buildings, and equipment and facilities in favour of Aerospace Finance as security for the Loan. In addition, New Century will provide the Guarantee in respect of all amounts outstanding under the Loan Agreement in favour of Aerospace Finance.

The interest rate for the Loan shall be 6% per annum during the term of the Loan, same as the prevailing lending rate of same term as announced by the People's Bank of China. Interest will be payable on the 20th day of every month. Overdue interest will be subject to additional default interest at the rate of 30% over the agreed interest rate for the Loan, payable from the date the interest is overdue until the date of actual payment.

During the term of the Loan Agreement, if the People's Bank of China adjusts the lending rate, Aerospace Finance has the rights to make the necessary adjustment in accordance with the rules of the People's Bank of China. The principal of the Loan shall be repayable in full on the maturity date. If Shenzhen Rayitek fails to repay the Loan on the maturity date of the Loan in accordance with the Loan Agreement, Aerospace Finance has the right to deduct from any accounts of Shenzhen Rayitek maintained at Aerospace Finance to repay any principal amount, relevant interest, compound interest, penalty interest and other charges payable.

The proceeds of the Loan shall be used by Shenzhen Rayitek as its general working capital. If Shenzhen Rayitek fails to use the Loan for the abovementioned purpose, Aerospace Finance has the right to demand repayment the principal amount and interest of the Loan prior to maturity date, as well as to impose default interest at the rate of 50% over and above the agreed interest rate. Aerospace Finance also has the right to take any remedial action and Shenzhen Rayitek shall indemnify Aerospace Finance for all losses suffered therefrom.

If Shenzhen Rayitek fully complies with the Loan Agreement but Aerospace Finance fails to provide the Loan in accordance with the Loan Agreement, Shenzhen Rayitek has the right to receive liquidated damages calculated at the daily rate of 0.01% on the default amount over the actual overdue period.