Guo Wengui / Miles Guo — bankruptcy case · ORDER · ECF #890-21

# **EXHIBIT PAX 21**

Ring Power Estimate


Quote No: 85398 - 1

## MY LADY MAY 757 5TH AVE NEW YORK NY 10153

PER YOUR REQUEST, WE HAVE ESTIMATED REPAIRS ON THE MACHINE LISTED BELOW. A REPAIR DESCRIPTION WITH LABOR AND/OR PARTS IS ATTACHED. UPON DISASSEMBLY OF THE COMPONENT(S) TO BE REPAIRED,ADDITIONAL PARTS AND LABOR MAY BE NECESSARY. IF SO, A QUOTE FOR ADDITIONAL REPAIRS WILL BE FORWARDED TO YOU FOR APPROVAL. NOTE: AN AUTHORIZED REPRESENTATIVE OF YOUR COMPANY SHOULD SIGN AND RETURN THIS REPAIR ESTIMATE. ONLY UPON RECEIPT OF THE SIGNED ESTIMATE WILL REPAIRS BE PERFORMED. A PURCHASE ORDER NUMBER SHOULD BE SUPPLIED IF REQUIRED BY YOUR COMPANY.

| CUSTOMER NO. | QUOTE NO. | DATE | CONTACT | | |--------------|-------------|--------------------------------|----------------|--| | 784133 | 85398 | 7/28/2022 | RASMUS NIELSEN | | | PHONE NO. | FAX NO. | EMAIL | | | | 475 301 8961 | | chiefengineer@yachtladymay.com | | | | MODEL | MAKE | | SERIAL NO. | | | C32 | CATERPILLAR | | 0RNZ00997 | | | UNIT NO. | HOURS | WO NO. | P.O. NO. | | | | 987 | | | |

#### TRAVEL TO/FROM ENGINE (056 1000)

| Total Estimated Labor: | 10,432.00 | |------------------------|-----------| | Total Estimated Misc: | 7.500.00 |

Segment 01 Total: 17,932.00

REPLACE GEARS (510 7552) NOTES:

2 TECHNICIANS WILL ATTEND VESSEL.

TRAVEL TO VESSEL IN BRIDGEPORT, CONNECTICUT.

ARRIVE AT VESSEL AND PLACE PROTECTION AS NEEDED TO

PROTECT FLOORS AND PAINT.

CUSTOMER TO HAVE EITHER MARINE GEAR MOVED REARWARD OR ENGINE MOVED FORWARD.

INSPECT RIGGING AND SUPPORT OF ENGINE BEFORE START OF REPAIR.

REMOVE ENGINE OIL AND FILTERS, CUT FILTERS OPEN TO

INSPECT FOR METAL DEBRIS WITHIN.

REMOVE ENGINE OIL PAN AND SUPPORT BENEATH ENGINE AND THEN REMOVE OIL PUMP FOR DISASSEMBLY AND

INSPECTION.

REPLACE PUMP WITH REMAN IF DEEMED BAD BY CAT REUSE GUIDELINES.

REMOVE FLYWHEEL AND RIG TO SIDE.

REMOVE REAR CRANK SEAL.

REMOVE ANY BRACKETS AND LINES FROM TURBOS THAT ARE

IN THE WAY FOR REMOVING REAR HOUSING, POSSIBLY

INCLUDING DRAINING COOLANT FROM ENGINE.

REMOVE REAR PART OF REAR HOUSING TO ACCESS GEAR TRAIN. CLEAN AND INSPECT GEARTRAIN REPLACING ONLY PARTS FOUND TO BE OUTSIDE OF CAT REUSE GUIDELINES. REPORTEREAROTOUS MOORSRETS ARTICLERS ARDER FREET 09/28/22 16:32:28 | Page 3 of 7 REINSTALL ON ENGINE.

CAMSHAFT DRIVE GEARS WILL HAVE TO BE REMOVED TO REPLACE FUEL PUMP DRIVE GEAR - THIS WILL INCLUDE VALVE COVER REMOVAL AND ROCKER SHAFT ASSEMBLIES LOOSENED TO ALLOW CAMSHAFT GEAR TIMING, VALVES AND INJECTORS WILL BE READJUSTED DURING REPAIRS AS NEEDED.

REINSTALL REAR CRANKSHAFT SEAL AND REINSTALL FLYWHEEL AND TORQUE ALL FASTENERS TO SPECS. CLEAN AND THEN REINSTALL ENGINE OIL PAN WITH NEW GASKETS AND FILL WITH OIL.

INSTALL NEW FUEL AND OIL FILTERS ALONG WITH NEW FUEL TRANSFER PUMP AND REATTACH ALL FUEL LINES. AIR LINES REMOVED BEFORE OUR ARRIVAL WILL BE REINSTALLED WITH NEW SEALS AS WELL AS ANY TURBO BRACKETS AND LINES REMOVED FOR REPAIR. CUSTOMER WILL HAVE GEAR OR ENGINE RIGGED BACK INTO PLACE AND ALIGNMENT CHECKED. VESSEL WILL THEN BE SEA TRIALED FOR TWO HOURS TO ENSURE PROPER REPAIRS AND NO LEAKS. ALL REPAIRS COMPLETE AND ENGINE ROOM CLEAN AS BEFORE REPAIRS BEGAN, CUSTOMER HAPPY. TRAVEL TO FLORIDA AND FINALIZE ALL PAPER WORK AND TOOLS.

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AFTER ENGINE INSPECTION WE WILL PROVIDE REPORT OF FINDINGS AND A QUOTE FOR ANY ADDITIONAL ITEMS NEEDED WILL BE PROVIDED FOR APPROVAL. \*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*

CUSTOMER IS RESPONSIBLE FOR THE FOLLOWING: -CLEAR ACCESS TO ENGINES AND BOAT DURING SERVICES -JOB SITE DELAYS BEYOND RING POWER'S CONTROL -INSPECTED ITEMS NOT MEETING CAT REUSE GUIDELINES -FREIGHT/SHIPPING CHARGES IF APPLICABLE

| Part Number | Description | Qty | Unit Sell | Unit Disc | Unit Price | Ext Price | |-------------|--------------|------|-----------|-----------|------------|-----------| | 0315085 | BOLT | 6.00 | 5.74 | | 5.74 | 34.44 | | 0619455 | SFAI | 1.00 | 14.18 | | 14.18 | 14.18 | | 0R8210 | PUMP GP | 1.00 | 801.60 | | 801.60 | 801.60 | | 0R8210 | CORE | 1.00 | 1.167.62 | | 1.167.62 | 0.00 | | 1011365 | PLATE THRUST | 1.00 | 36.17 | | 36.17 | 36.17 | | 1025861 | PLATE THRUST | 2.00 | 60.98 | | 60.98 | 121.96 | | 1090076 | SEAL O RING | 4.00 | 9.98 | | 9.98 | 39.92 | | 1123540 | SEAL O RING | 2.00 | 11.93 | | 11.93 | 23.86 | | 113-5304 | SEAL | 1.00 | 21.89 | | 21.89 | 21.89 | | 1142687 | SEAL-O-RING | 2.00 | 5.46 | | 5.46 | 10.92 | | 1178801 | SEAL O RING | 2.00 | 25.84 | | 25.84 | 51.68 | | 1305694 | SEAL-O-RING | 4.00 | 32.06 | | 32.06 | 128.24 | | 136-7227 | SEAL O RING | 2.00 | 6.61 | | 6.61 | 13.22 | | 1425868 | SEAL GP-CSHF | 1.00 | 107.16 | | 107.16 | 107.16 | | 1808424 | SEAL-O-RING | 6.00 | 1.22 | | 1.22 | 7.32 | | 1851497 | GEAR AS-IDLE | 1.00 | 1,042.95 | | 1,042.95 | 1,042.95 | | 2054831 | SEAL-O-RING | 2.00 | 1.82 | | 1.82 | 3.64 | | 20R0967 | PUMP GP F | 1.00 | 466.89 | | 466.89 | 466.89 | | 20R0967 | CORE | 1.00 | 176.31 | | 176.31 | 0.00 |

| | 2241288 22-504R3AS-DRA1890-21 | Filed | | Entersexs 09/28/22 16:32:28235.Bage 4 10/36.38 | | |----------|-------------------------------|-------|----------|------------------------------------------------|----------| | 2241215 | STUBSHAFT | 1.00 | 750.28 | 750.28 | 750.28 | | 2241219 | STUBSHAFT | 1.00 | 331.74 | 331.74 | 331.74 | | 2241220 | PLATE | 1.00 | 80.24 | 80.24 | 80.24 | | 2241221 | STUBSHAFT | 1.00 | 369.30 | 369.30 | 369.30 | | 2249657 | ADAPTER AS. | 2.00 | 163.09 | 163.09 | 326.18 | | 2251242 | GASKET | 1.00 | 148.54 | 148.54 | 148.54 | | 2264753 | GASKET | 2.00 | 3.58 | 3.58 | 7.16 | | 2275538 | SEAL-O-RING | 6.00 | 34.21 | 34.21 | 205.26 | | 2287090 | SEAL-O-RING | 2.00 | 5.38 | 5.38 | 10.76 | | 2306202 | GEAR AS | 1.00 | 1,288.05 | 1,288.05 | 1,288.05 | | 2314708 | SEAL-O-RING | 2.00 | 2.81 | 2.81 | 5.62 | | 2348937 | SEAL-INTEGRA | 2.00 | 13.58 | 13.58 | 27.16 | | 2361525 | SEAL-INTEGRA | 1.00 | 670.39 | 670.39 | 670.39 | | 2453804 | BOLT-HEX HEA | 1.00 | 2.38 | 2.38 | 2.38 | | 2556863 | GASKET | 2.00 | 110.83 | 110.83 | 221.66 | | 2804155 | SEAL-INTEGRA | 1.00 | 41.86 | 41.86 | 41.86 | | 2804155 | SEAL-INTEGRA | 1.00 | 41.86 | 41.86 | 41.86 | | 3316185 | GEAR AS-IDLE | 1.00 | 1,735.83 | 1,735.83 | 1,735.83 | | 3316188 | GEAR AS-CAMS | 2.00 | 712.87 | 712.87 | 1.425.74 | | 3430793 | GASKET | 2.00 | 90.18 | 90.18 | 180.36 | | 3890433 | FILTER-FUEL | 2.00 | 72.80 | 72.80 | 145.60 | | 3890434 | FILTER LUBE | 2.00 | 41.08 | 41.08 | 82.16 | | 3B1915 | BOLT | 2.00 | 0.69 | 0.69 | 1.38 | | 3E6773 | SEAL O RING | 2.00 | 24.68 | 24.68 | 49.36 | | 428-9129 | GASKET | 2.00 | 61.47 | 61.47 | 122.94 | | 4289129 | GASKET | 2.00 | 61.47 | 61.47 | 122.94 | | 4755915 | PLATE-SEALIN | 2.00 | 321.56 | 321.56 | 643.12 | | 4N0848 | SLEEVE | 1.00 | 39.10 | 39.10 | 39.10 | | 4N0913 | SCREEN | 1.00 | 60.12 | 60.12 | 60.12 | | 4P-4460 | GASKET | 2.00 | 1.09 | 1.09 | 2.18 | | 5024034 | SFAL-O-RING | 1.00 | 29.50 | 29 50 | 29.50 | | 5B0213 | BOLT | 6.00 | 1.10 | 1.10 | 6.60 | | 5E8771 | o Ring | 2.00 | 23.98 | 23.98 | 47.96 | | 5M2894 | WASHER | 2.00 | 0.43 | 0.43 | 0.86 | | 5P4255 | BOLT | 4.00 | 0.61 | 0.61 | 2.44 | | 5 5846 | SEAL O RING | 1.00 | 17.55 | 17.55 | 17.55 | | 5P7701 | SEAL | 1.00 | 9.05 | 9.05 | 9.05 | | 5P7814 | SEAL | 2.00 | 4.41 | 4.41 | 8.82 | | 5P7815 | SEAL-O-RING | 1.00 | 10.59 | 10.59 | 10.59 | | 5P8068 | SEAL | 4.00 | 16.36 | 16.36 | 65.44 | | 268068 | SEAL | 1.00 | 16.36 | 16.36 | 16.36 | | 6V3250 | SEAL O RING | 4.00 | 1.26 | 1.26 | 5.04 | | 6V3830 | SEAL O RING | 1.00 | 15.29 | 15.29 | 15.29 | | 6V3917 | SEAL O RING | 4.00 | 33.07 | 33.07 | 132.28 | | 6V5050 | SEAL-O RING | 2.00 | 7.77 | 7.77 | 15.54 | | 6V5063 | SEAL O RING | 1.00 | 1.88 | 1.88 | 1.88 | | 6V5064 | SEAL O RING | 1.00 | 2.12 | 2.12 | 2.12 | | 6V6609 | SEAL | 4.00 | 1.40 | 1.40 | 5.60 | | 6V9027 | SEAL-O-RING | 1.00 | 1.10 | 1.10 | 1.10 |

| | 7B32ase 22-500 Screepc 890-21 | | Filed (29/28/22 - Enterects 09/28/22 16:32:28 | | 1 Hage 5 of 13.80 | |----------------|-------------------------------|------|-----------------------------------------------|-------|-------------------| | 7B3235 | CAP SCREW | 8.00 | 1.15 | 1.15 | 9.20 | | 7C0307 | GASKET | 4.00 | 1.62 | 1.62 | 6.48 | | 7J2036 | SEAL O RING | 2.00 | 3.07 | 3.07 | 6.14 | | 7M7273 | GASKET | 2.00 | 11.86 | 11.86 | 23.72 | | 7N7559 | GASKET | 2.00 | 1.33 | 1.33 | 2.66 | | 7N7628 | GASKET | 8.00 | 1.61 | 1.61 | 12.88 | | 8C3089 | SEAL FACE | 1.00 | 17.43 | 17.43 | 17.43 | | 8 2786 | o Ring | 3.00 | 5.88 | 5.88 | 17.64 | | 9H8872 | GASKET | 1.00 | 2.90 | 2.90 | 2.90 | | | | | Total Estimated Parts: | | 14,807.56 | | | | | Total Estimated Labor: | | 59,280.00 | | | | | Total Estimated Misc: | | 1,500.00 | | | | | Segment 02 Total: | | 75,587.56 | | | | | Total Segments: | | 93,519.56 | | | ENVIRONMENTAL/MISCELLANEOUS | | | | 300.00 | | | SUB TOTAL (BEFORE TAXES) | | | | 93,819.56 | | TOTAL ESTIMATE | | | | | 93,819.56 |

### Case 22-50073 Doc 890-21 Filed 09/28/22 Entered 09/28/22 16:32:28 Paqe 6 of 7

I hereby authorize the above repair work to be done along with the necessary materials. Ring Power Corporation and it's employees may operate above equipment for purposes of testing. Inspection or delivery at my risk. An expressed mechanics lien is acknowledged on equipment to secure the cost of all repairs thereto. Ring Power Corporation is not responsible for loss or damage to equipment in case of fire, accident, or any other cause beyond our control. Replaced parts will be held for a period of ten days after work completion. The cost of labor and parts in determining any estimate shall be borne by the customer.

| PO#: | Authorized Name: | | signature) | |------|------------------|--|------------| |------|------------------|--|------------|

Date:

(print)

#### Thank you for this opportunity to serve your company

#### CONTACT INFORMATION:

Prepared by: Derek Dobbs Phone: +1-407-961-9262 Email: Derek.Dobbs@RingPower.Com Fax:

#### JOB SITE: - BRIDGEPORT CONNECTICUT

-This estimate is made subject to buyer's acceptance within (10) ten days from this date

-All prices are subject to change without notice, and those in effect on date of shipment shall prevail

-Terms are Net 30 Davs from receipt of invoice

Estimate excludes sales tax, incoming freight, environmental and additional charges for parts/labor not included. -Customer will be contacted should estimate exceed 10%

#### THIS WORK ORDER IS SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS:

1. AUTHORITY TO PERFORM REPAIRS, It is understood that, "upon receip" of any item of equipment for repair, maintenance or other work, Ring Power may examine the item of equipment as to work which Ring Power may suggest to be performed in addition to whatever requested by customer. All work (requested by customer or suggested by Ring Power) to be noted on a form as supplied by Ring Power.

Time and Material Work - Ring Power will proceed with the work agreed upon at current labor and parts prices. a.

b. Eim Price - If requested, a firm price in writing will be given to the customer for labor and/or parts to do specific repair. Any agreed a upon repair order not covered by a firm written quotation will be billed at current time and material prices

Unforesen Problems or Additional Repairs. In the event that during the course of the Work, additional repair work is found to Ring Power's examination and inspection of the in such event Ring Power will attempt to communicate with the Customer as to the additional repair work; provided, however, that in the event Ring Power is unable to communicate with the Ring Power, at its sole discretion, shall have the absolute right to cease any and all repairs on the as the additional repairs are discussed with the Customer. In the event the Customer consents to the additional repairs, Ring to proced with the repair of the same without further communication with the Customer and any and all additional repairs will be charged to the Customer at current time and material prices.

2. HOLD HARMLESS AGREEMENT FOR CUSTOMER PARTICIPATION IN SERVICE WORK- In the event customer or customers' personnel assists our mechanics in performing service work, customer and fully indemnify Ring Power for injuries or damages to anyone arising out of customer assisting Ring Power personnel in servicing or repairing customer's equipment.

3. WARRANTY INFORMATION - Ring Power warrants the work performed to be free from defects in material and workmanship for a period of ningty days. Ring Power's obligation under this warranty shall be limited to the repair or replacement at Ring Power's previously installed or labor previously performed demonstrated to be defective. SUCH REMEDY SHALL CONSTITUTE CUSTOMER'S SOLE AND EXCLUSIVE REMEDY AND CUSTOMER HEREBY AGREES THAT NO OTHER REMEDY (INCLUDNG, BUT NOT LIMITED TO CLAIMS FOR INCIDENTIAL OR SPECIAL DAMAGES, OR ANY CAUSE, LOSS, ACTION, CLAIM OR DAMAGE, INCLUDING LOSS OF TIME, WHATSOEVER, OR INJURY TO PERSON OR ANY OTHER CONSEQUENTIAL DAMAGE OR INCIDENTAL OR ECONOMIC LOSS ISHALL BE AVALABLE TO CUSTOMER. THIS WARRANTY IS EXPRESSLY IN LIEU OF ALL OTHER WARRANTIES, EXPRESS OR MPLIED, INCLUDING ANY WARRANTIES OR MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. SUBSTANDARD REPAIR WORK MAY BE PERFORMED UPON REQUEST OF CUSTOMER AND ACCORDING TO CUSTOMERS INSTRUCTIONS RIT SICH WORK WILL CARRY ABSOLUTELY WHATSOFUFR CUSTOMER FIRTHER ACKNOW FOGES AND AGREES THAT NO VERBAL CONTRACTS, AGREEMENTS OR WARRANTIES OTHER THAN WHAT IS SET FORTH HEREIN HAVE BEEN RECEIVED OR GIVEN.

4. PAYMENT - Customer will make payment for services rendered by Ring Power pursuant to this work one in such manner as may be prescribed by Ring Power. In the event of nonpayment by Ring Power in collecting the indecting the indecting including attorney's fees and expenses, both in the trial court and on any and all appeals, with interest at the maximum rate of expenditure, shall be added to the principal amount of the indebtedness owed to Ring Power. These provisions are not exclusive and Ring Power may elect other remedies at law and at equity,

5. RISK OF LOSS - Ring Power caries an Equipment Floater har, wear and tear, etc.) for the current value (replacement cost less depreciation) on customer's equipment in Risk of loss and damage not covered in above policy shall be borne solely by its owner.

6. SEVERABILITY CLAUSE - Any provisions of this Agreement found to be immediately ineffective to the extent of such prohibition without invalidating the rest of this Agreement.

7. APPLICABLE LAW - This Agreement shall be deemed to be governed by the laws of the State of Florida.