Letter of Intent

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FRRBARA RAT Re A Sah: TRAMRMARRRR 1SH: 897559) "BiB: 05138875531 88755027 88755077 Ye $ mb a] RABE: /Avmw.pengtei.com.cn Letter of Intent Attention to: PT, Raisindo Jasamandiri, Indonesia Dear Mr. Yongky Wijaya, We are very glad to receive the letter from your esteemed company, Regarding to PT. Semen Indonesia Aceh’s cement plant project your esteemed company has had been in business negotiation, our company-Jiangsu Pengfei Group Co., Ltd. is very interested in it and willing to have the further cooperation with your esteemed company. We promise to provide a turkey project for PT. Semen Indonesia Aceh based on their guaranteed project fund. ‘The contents of our cooperation are as below. 1. Your esteemed company should provide Pengfei with the basic design requirements of industrial construction and necessary documents of FRRRILO RTA A itht: TARO RAMIRMARMR EH: 88755315 Me: 226623 "Bis: 0513-88755311 88755027 88755077 $2 BGR A MULL: /Avww.pengfei.com.cn BF(SFE: [email protected] N cement production process which should include all parameters and cement production requirements. Your esteemed company should provide Pengfei with down payment statement of this project and project fund guarantee as well as relevant documents Your esteemed company should provide Pengfei with the approval documents of this project from Indonesia government. Pengfei will provide all work included in this turnkey project. After your esteemed company providing Pengfei with the project fund statement documents Pengfei will dispatch technical engineers and commercial personnel to your esteemed company for the negotiation of our business cooperation. Yours sincerely, Yu Yangui I ba Vice General Manager

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