LOI

To. End Buyer,

Via: AinsTech Inc/www.AinsTechinc.com

Att. Julius Gyu C Hwang.

We, MATSURI INTERFACE Inc,. on behalf of buyer, with the full responsibility as the buyeroperator, declare our intention to purchase the following product in quantity and at the pricespecified in the conditions as specified below:Commodity: Used Rails/ Scraps such as R55~R65

Origin: Guinea.

Size: Specify in contract.

Quantity: 900,0000MT./Shipment of 100,000 tons every month.

Loading port: Seller’s choice.

Discharging Port: Ports around Shanghai/China.

Loading time: 15 days after LC confirmation

PRICE : USDxxx/MT CIF Shanghai Port/China

PAYMENT: LC at sigth 100% /Pay by LC for the quantity that the seller can ship everymonth.Specification:R50-R65.

All used rails must be based on test reports and components provided by the seller.

Buyer’s information:Company name: Shanxi Tongme Group Logistics Co., Ltd.Mr, Li Jun wen

BUYER's Mandarte:

Company Name: MATSURI INTERFACE Inc.

Address: 7-8-11.Nakagawa ble Nishi-shinjuku Shinjuku-ku Tokyo 160-0021 Japan

Telephone No,: +81.3-3370-xxxx

Fax No,: +81.3-3320-xxxxTitle of Signatory: PresidentName of signatory: Toshikazu TSUKADADate: 12 Jun, 2020

VALIDITY Letter of Intent : (This Ltter of Intent is valid until Jun 25, 2020 )

〒160-0023 東京都新宿区西新宿 7-8-11.中川ビル 6F　TEL03-3370-xxxx FAX03-5330-xxxx7-8-11.NAKAGAWA ble6F NISHI-SHINJUKU SHINJUKU-KU TOKYO 160-0023 JAPAN e-mail:onxxxx@ea.mbn.or.jp

Used Rail(Example)