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PAGE\*MERGEFORMAT2PuttheinsurancepolicyintoChinese:ThePeople’sInsuranceCompanyofChinaORIGINALHeadOffice:BEIJINGEstablished1949MARINECARGOTRANSPORTATIONINSURANCEPOLICYInvoiceNo.HBSF1005-1THESECONDORIGINALPolicyNo.WH74/23002ThispolicyofInsurancewitnessesthatthePeople’sInsuranceCompanyofChina(hereinaftercalled“TheCompany”),attheRequestofCHINAIMPORT&EXPORTWUHANCORP.OFSTATEFARMS(hereinaftercalledthe“insured”)andinconsiderationoftheagreedpremiumbeingpaidtotheCompanybytheInsured,undertakestoinsuretheunder-mentionedgoodsintransportationsubjecttotheconditionsofthispolicyaspertheClausesPrintedoverleafandotherspecialClausesattachedhereon.Marks&Nos.QuantityDescriptionofGoodsAmountInsuredN/M200CARTONS100PCTCOTTONTOWELUSD19,360.00TotalAmountInsured?U.S.DOLLARSNINETEENTHOUSANDTHREEHUNDREDANDSIXTYONLYPremium?asarrangedRateasarrangedperconveyanceS.S.“EASTWIND”V.33Slg.onorabt.?ASPERB/LFromWUHANtoPUSANConditionsCOVERINGALLRISKSASPEROCEANMARINECARGOCLAUSESANDWARRISKSCLAUSES(1/1/1981)OFPICC.Claims,ifany,payableonsurrenderoftheFirstOriginalofthePolicytogetherwithotherrelevantdocuments.IntheeventofaccidentwherebylossordamagemayresultinaclaimunderthisPolicyimmediatenoticeapplyingforsurveymustbegiventotheCompany’sAgentasmentionedhereunder.HYOPSUNGSHIPPINGCORPORATION12THFLOORYUCHANGBLUG?25-2,4-KACHUNGANG-DONG,THEPEOPLE’SINSURANCECOMPANYOFCHINACHUNG;KU,PUSAN,KOREAP.O.OX75TEL:4636551TI6553WUHANBRANCHClaimpayableat?PUSAN,KOREAINUSDAddressofIssuingOffice?568SanyangbeiRoad,Hankou,WuhanGeneralManagerFAX:027-82425566TEL027-82425577DateJUN.06,2003