Receivables Co. Venture Fusin - Dragon as receivables on leasing buildings under Contract No. 02 / HD Date 04.26.2014. Accordingly, the Company Bicycles Dragon Vietnam Joint Venture Co., Ltd. for Fusin - Dragon leased 5,000 m2 and 1,296 m2 factory workshop area 1st floor; The rent is $ 31,040 / year (including 10% VAT); The rental period is 05 years from the date 01/5/2014 to 01/5/2019 date, the lessor may not terminate the leasing contract ahead of time if it is not accepted by the lessee; Terms of payment is late 4th new 01/5/2018 ie to be paid 50%, and to receive payment 01/5/2019 50%. Amount receivable as at 31.12.2015 is the rent arising from day to day 12.31.2015 05.01.2014.
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