Share Transfer
Agreement
Signing
Place: Yanta District of Xi’an City
Party A:
Niu Hongling (ID
No.:
110101611201356 )
|
Contribution:
RMB 4 million
|
Proportion:
40%
|
Wang Qifu (ID
No.:
610102541011311 )
|
Contribution:
RMB 1.5 million
|
Proportion:
15%
|
Wang Jianping (ID
No.:
612129570821041 )
|
Contribution:
RMB 1.5 million
|
Proportion:
15%
|
Zhang Wei (ID
No.:
610113197608182133 )
|
Contribution:
RMB
1 million
|
Proportion:
10%
|
Cui Youming (ID
No.:
6101045408100443 )
|
Contribution:
RMB 1 million
|
Proportion:
10%
|
Yuan Ye (ID
No.:
211402781124021 )
|
Contribution:
RMB 1 million
|
Proportion:
10%
|
The
above six persons are whole shareholders of Huludao Wonder Fruit
Co., Ltd., (hereinafter refers to “Wonder Fruit”)
holding totaling 100% shares of Wonder Fruit.
Party B: Shaanxi Hede Venture Capital Management Co.,
Ltd.
Legal
Representative: Xue Yongke Title:
Managing Director
Address:
4
th floor,
Tongxinge, Xietong Building, No.12, Gaoxin 2
nd Road,
Xi’an
To
the share transfer, both parties, according with the
consultation between them, agree that:
Article One: Share Transfer
Party
A agrees to transfer to Party B, and Party B agrees to accept,
100% shares of Wonder Fruit held by Party A.
Article Two: Transfer Price, Time of Payment, and Term of
Payment
|
1.
|
The
total price for this share transfer is forty-eight million two
hundred and fifty thousand (including loan with amount of RMB 18.25
million from Wonder Fruit to Party A)
|
|
2.
|
Party
B pays to Party A transfer payment of RMB 10 million within seven
business day from the effective date of this agreement. Party B
pays again RMB 20 million before September of 2007. The reminder
will be fully paid before March, 2008. Term of payment is by
transfer payment.
|
Article three: Rights and Obligations
After
this share transfer is consummated,
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