What is the penalty for Poly's delayed delivery?

65438+ 08% of the subject matter of the main contract, and the liquidated damages for overdue delivery shall generally not exceed 20% of the subject matter of the main contract. If the losses caused are relatively large, the liquidated damages can also rise appropriately, reaching 30% of the subject matter of the main contract; From the date of extension, the buyer may require the other party to fulfill the payment obligation.