Legal analysis: signature and seal will take effect. Signature, seal and handprint have the same legal effect, and the IOUs need not be written, but must be handprinted. As long as the reasons and the amount owed are clearly written and signed by the debtor, the handwritten IOU has legal effect. If the parties enter into a contract in the form of a contract, the contract shall be established when the parties sign, seal or press their fingerprints.

Legal basis: Article 490 of the Civil Code of People's Republic of China (PRC). If the parties enter into a contract in the form of a contract, the contract shall be established when the parties sign, seal or press their fingerprints. Before signing, sealing or fingerprinting, one party has fulfilled its main obligations, and the contract is established when the other party accepts it. A contract shall be concluded in written form as stipulated by laws, administrative regulations or agreed by the parties. If the parties do not do this in writing, but one party has fulfilled its main obligations and the other party accepts it, the contract is established.