Resignation Letter of Zhongping Wang as Secretary of China Finance, Inc.

Summary

Zhongping Wang has submitted a formal resignation from the position of Secretary at China Finance, Inc., effective immediately as of October 11, 2004. The letter states that the resignation is not due to any disagreements with the company regarding its operations, policies, or practices. Zhongping Wang also confirms that there are no claims for compensation or fees against the company related to this resignation.

EX-10.11 11 v08150_ex10-11.txt CHINA FINANCE, INC. 57-71 #HIGH-TECH INDUSTRIAL PARK NANSHAN, DISTRICT SHENZHEN, P.R. CHINA 51805 October 11th 2004 RE: Resignation of ZHONGPING WANG To the Board of Directors and Shareholders: I hereby resign the position as the Secretary of China Finance, Inc. (the "Company") effective immediately. Please be advised that my resignation from the Company is not a result of any disagreements with the Company on any matters relating to the Company's operations, policies, or practices. Please also be advised that I have no claim against the Company for compensation for loss of office, fees or disbursements or otherwise whatsoever. Very truly yours, ------------------------------------------- ZHONGPING WANG