[Agreement No.: ZMZ-2013-0031 Financing and Lease Agreement Sale-Leaseback) ( Table of Contents 1 Type of the Agreement 1 2 Leased Property 1 3 Purchase and Delivery of Leased Property 1 4 Lease Inception, Term and Periods 2 5 Lease Cost, Rate, Rent and Rent Due Day 2 6 Rent Adjustment 3 7 Prepaid Rent 3 8 Lease Service Charge 4] [Agreement No.: ZMZ-2013-0031-12 Collateral Agreement Table of Contents 1 Secured Principal Debt 2 2 Scope of Collateral 3 3 Collateral 3 4 Collateral Registration 3 5 Entire Collateral Agreement 4 6 Possession and Keeping of the Collateral 4 7 Insurance 4 8 Realization of Collateral 5 9 6 10 8 11 Breach Liability 9] [Agreement No.: ZMZ-2013-0031-11 Guarantee Agreement (Applicable for guarantee made by company) Table of Contents 1 Secured Principal Debt 1 2 Scope of Guarantee 2 3 Manner of Guarantee 3 4 Period of Guarantee 4 5 Entire Guarantee Agreement 4 6 Commitment and Guarantee of Party B 4 7 5 8 Undertaking of Guarantee Liability 6 9] [Orient Paper Announces RMB150M Financing Arrangement BOADING, China, June 20, 2013 – Orient Paper, Inc. (NYSE MKT: ONP) (“Orient Paper” or the “Company”), a leading manufacturer and distributor of diversified paper products in North China, today announces it has entered into a sale-leaseback financing arrangement (the “Financing Arrangement”) with China National Foreign Trade Financial & Leasing Co., Ltd (“CNFTFL”) on] []