In accordance with [Attachment 1]:Fund Payment Schedule of Shenzhen Wonhe Technology Co., Ltd., Party B shall pay the project funds to the sub-contractor, Beijing Kangwei Electronic Equipment Installation Co., Ltd., designated by Party A. If fails to pay the funds within the agreed period in this attachment, Party B shall pay 3‰ of the payable funds to sub-contractor as the penalty for each day’s delay.
Party B shall pay project funds RMB 226.01M to Beijing Kangwei Electronic Equipment Installation Co., Ltd., the sub-contractor designated by Party A. Thereof [[Unknown Identifier]] M shall be paid in 2016, [[Unknown Identifier]] M in 2017 and [[Unknown Identifier]] M in 2018, as the final payment after quality acceptance of [[Unknown Identifier]] included in the last one. See [Attachment 1]: Fund Payment Schedule of Shenzhen Wonhe Technology Co., Ltd. for the details of time and amount of the payment.
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