e: gschen899@gmail.

com line: gschen899 whatsapp: +886 937 308 868

Date: 2022. 09. 26

Soft Corporate Offer

We, G-won Green Supply Co., Ltd. Taiwan, an agent of the Seller, are on behalf of the Seller to issue
this Soft Corporate Offer, SCO, to confirm we have the intention and ability to supply the product in
accordance with the following terms and conditions.

Product: Petrocoke
Price: US$180/ton, CIF AWSP. Price subject to change without notice.
Contract: 1. Minimum order: 20,000 ton /shipment.
2. SPOT or 12-month contract.
Packing/shipping: By bulk vessel.
Payment: DLC & TT / MT103
Inspections: CIQ, SGS or Equivalent.
Insurance: 110% of the shipment value paid by the Seller.
Performance Bond: 2% in favor of buyer.

Specifications:
Moisture: < 2%.
Ash: < 1%. * Spec is for reference only. It shall be finalized subject to
Sulphur: < 2%. Buyer’s and Seller’s agreement.
Fixed Carbon: > 85%.
Hydrogen: 4.5%.
Nitrogen: < 2%.
Volatile matter: < 10%.
Vanadium: < 500 ppm.
Sodium: < 1,000 ppm.
Iron: < 100 ppm.
Nickel: < 200 ppm.
Hard Grove Index: 70 – 80.
Gross Caloric Value: > 8,400 Kcal/kg.
Net Calorific Value: > 7,500 Kcal/kg.
Product Grade: Sponge grade.

Trade Procedures:
1. Buyer confirms Soft Corporate Offer and issues LOI/ICPO containing to seller’s SCO procedure &
terms.
2. Seller issues draft contract to buyer open for preview and correction if needed.
3. Buyer sign seal contract and return to seller for acceptance and final signatures along with
NCNDA/IMFPA in order to proceed forward to next step of the transaction. Upon buyer’s
confirmation of sign seal endorsed contract, buyer provide proof of fund “POF" via bank to bank
"Swift MT199" within (2) banking days. Or if buyer fails to provide proof of fund via swift MT 199
bank to bank, then Buyer bears the Payment of transferring product allocation & (PPOP)
Document to Buyer Company. The seller provides below “PPOP” document to the buyer:
1) Product Allocation Confirmation,
2) Commitment letter to supply,
3) Certificate of Origin,
4) Product Passport (Quality and Quantity Analysis).

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 e: gschen899@gmail.com line: gschen899 whatsapp: +886 937 308 868

4. Seller finalizes shipment schedules with the Shipping Company and notice of readiness and
approval for delivery of the commodity to the discharge port will be issued to the Buyer’s
company.
5. Within 96 hours (4 official Days), Buyer issues the agreed payment instrument for product value
via DLC or SBLC for the first shipment delivery and seller bank issue full (POP) along with 2% PB to
buyer Bank. Buyer/buyer representative visit to witness product inspection at the loading port
facility. if Buyer fails to issue DLC within Validity date, in alternative Buyer Company will pay bear
the shipping expense and seller commence loading of product with the shipping company and
issue the following PPOP:
A. Copy of license to export, issued by the Department of the Ministry of Energy, Russian
Federation.
B. Copy of Approval to Export, issued by the Ministry of Justice, Russian Federation.
C. Copy of the port storage agreement.
D. Copy of the refinery commitment to produce the product.
E. Copy of Transnet contract to transport the product to the loading port.
F. Copy of statement of availability of the product.
G. Copy of the charter party agreement to transport the product to discharge port.
H. Copy of Vessel Questionnaire 88.
I. Copy of Bill of Lading.
J. SGS Report at loading port.
K. Dip test Authorization (DTA) & ATB
L. NOR /ETA
M. Certificate of Ownership Transfer.
N. Allocation Transaction Passport Code Certificate (ATPCC) by the Ministry of Energy.
6. Shipment commences as per signed contract delivery schedule and the shipment should arrive at
Buyer’s discharge port within 5-25 days. The SGS inspection will be borne by the Seller at the
loading seaport and Buyer at the unloading seaport.
7. Buyer releases payment to Seller by TT/MT103 upon receipt of the shipping documents and
confirmation of the Q & Q by SGS/CIQ at destination port.
8. Seller pays commission within 48 hours by swift MT103 to all intermediaries as signed
NCNDA/IMFPA.

Confirmed by:
Signature with seal
Grant Chen
General Manager