Business Contract between ABC Corporation and XYZ Ltd., dated January 1, 2023.
This Agreement is made and entered into as of the Effective Date by and between ABC Corporation, a company incorporated under the laws of the State of Delaware, with its principal office at 123 Main Street, Wilmington, Delaware ("Party A"), and XYZ Ltd., a company incorporated under the laws of the People's Republic of China, with its principal office at 456 Chang'an Avenue, Beijing, China ("Party B").
WHEREAS, Party A is engaged in the business of manufacturing and selling electronic components; and
WHEREAS, Party B is engaged in the business of distributing electronic components in the Chinese market; and
WHEREAS, the Parties desire to enter into this Agreement to set forth the terms and conditions under which Party A will sell and Party B will purchase certain products.