Oral Voting Agreement Among Mr. Changzhen Liu and Shareholders of China Ginseng Holding Inc.
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Summary
From 2002 to 2007, various relatives and friends of Mr. Changzhen Liu purchased a total of 9,550,200 shares of China Ginseng Holding Inc. in private placements. These shareholders orally agreed to give Mr. Liu the authority to vote their shares on their behalf. The agreement is informal and not in writing, and it covers the voting rights for the listed shares. There are no specified time limits or additional conditions mentioned beyond the oral entrustment of voting power.
EX-10.27 11 f10k2011ex10xxvii_chinaginse.htm TERMS OF VERBAL VOTING AGREEMENT BY AND AMONG MR. CHANGZHEN LIU AND VARIOUS SHAREHOLDERS f10k2011ex10xxvii_chinaginse.htm
Exhibit 10.27
Description of Oral Voting Agreement
Voting Agreement:
From 2002 to 2007, Mr. Changzhen Liu’s relatives and friends purchased a total number of 9,550,200 shares of China Ginseng Holding Inc.’s common stock in Regulation S Private Placements. Those shareholders orally entrusted Mr. Liu with the voting power of the shares they own. Below is a list of the shares:
| Name | Share Numbers | Time of Purchase | Relationship with Mr. Liu | |
| 1 | Cheng, Lu | 60,500 | 9/15/2002 | Friend |
| 2 | Huang, Guizhen | 121,000 | 9/15/2002 | Friend |
| 3 | Kong, Fancai | 157,300 | 9/15/2002 | Relative |
| 4 | Wang, Hong | 84,700 | 9/15/2002 | Friend |
| 5 | Yang, Weijing | 36,300 | 9/15/2002 | Friend |
| 6 | Wang, Jun | 6,050 | 9/15/2002 | Friend |
| 7 | Dong, Lihua | 12,100 | 9/15/2002 | Friend |
| 8 | Kong, Fanping | 289,300 | 9/15/2002 | Relative |
| 9 | Kong, Xiangli | 12,100 | 9/15/2002 | Relative |
| 10 | Liu, Changfu | 24,200 | 9/15/2002 | Relative |
| 11 | Wen, Xiping | 20,000 | 2006-6-26 | Friend |
| 12 | Song, Yajie | 20,000 | 2006-6-26 | Friend |
| 13 | Bao, Lina | 15,000 | 2006-6-26 | Friend |
| 14 | Xu, Quanmei | 10,000 | 2006-6-26 | Friend |
| 15 | Wu, Jinghua | 15,000 | 2006-6-26 | Friend |
| 16 | Gao, Yuelan | 30,000 | 2006-6-26 | Friend |
| 17 | Gao, Yueping | 20,000 | 2006-6-26 | Friend |
| 18 | Zheng, Shu’e | 20,000 | 2006-6-26 | Friend |
| 19 | Chen, Hui | 10,000 | 2006-6-26 | Friend |
| 20 | Cong, Jie | 20,000 | 2006-6-26 | Friend |
| 21 | Teng, Zhaogui | 10,000 | 2006-6-26 | Friend |
| 22 | Wang, Shuxian | 10,000 | 2006-6-26 | Friend |
| 23 | Wang, Haoyu | 10,000 | 2006-6-26 | Friend |
| 24 | Feng, Lixia | 10,000 | 2006-6-26 | Friend |
| 25 | Li, Chunsheng | 10,000 | 2006-6-23 | Friend |
| 26 | Zhou, Junchao | 10,000 | 2006-6-26 | Friend |
| 27 | Chen, Hexin | 10,000 | 2006-6-26 | Friend |
| 28 | Tian, Jun | 10,000 | 2006-6-26 | Friend |
| 29 | Chen, Yuxiang | 40,000 | 2006-6-26 | Friend |
| 30 | Guan, Shangjun | 10,000 | 7/25/2006 | Friend |
| 31 | Li, Na | 20,000 | 7/25/2006 | Friend |
| 32 | Wei, Hong | 20,000 | 7/25/2006 | Friend |
| 33 | Li, Guangzhen | 30,000 | 7/25/2006 | Friend |
| 34 | Hua, Yuyou | 20,000 | 7/25/2006 | Friend |
| 35 | Xu, Ling | 10,000 | 7/25/2006 | Friend |
| 36 | Lu, Guoming | 20,000 | 9/27/2006 | Friend |
| 37 | Liang, Wenyue | 10,000 | 11/18/2006 | Friend |
| 38 | Yang, Guirong | 10,000 | 11/18/2006 | Friend |
| 39 | Liu, Siqi | 10,000 | 11/18/2006 | Friend |
| 40 | Sui, Mingyi | 10,000 | 11/18/2006 | Friend |
| 41 | Fan, Guirong | 10,000 | 11/18/2006 | Friend |
| 42 | Wu, Fujuan | 10,000 | 11/18/2006 | Friend |
| 43 | Ji, Bo | 10,000 | 11/18/2006 | Friend |
| 44 | Zhang, Yumei | 10,000 | 11/18/2006 | Friend |
| 45 | Cheng, Jinman | 10,000 | 11/18/2006 | Friend |
| 46 | Geng, Bin | 10,000 | 11/18/2006 | Friend |
| 47 | Feng, Jinxia | 10,000 | 11/18/2006 | Friend |
| 48 | Kong, Fanfu | 10,000 | 11/18/2006 | Relative |
| 49 | Xia, Hailan | 20,000 | 10/13/2007 | Friend |
| 50 | Xu, Yiwen | 35,000 | 10/20/2007 | Relative |
| 51 | Li, Xinggang | 494,000 | 11/19/2006 | Relative |
| 52 | Kong, Fanmin | 100,000 | 11/18/2006 | Relative |
| 53 | Kong, Guiwu | 20,000 | 11/21/2006 | Friend |
| 54 | Mi, Shunyun | 10,000 | 11/21/2006 | Friend |
| 55 | Guo, Shengmei | 10,000 | 11/21/2006 | Friend |
| 56 | Li, Peizeng | 223,000 | 9/15/2002 | Friend |
| 57 | Li, Rong | 20,000 | 8/9/2007 | Friend |
| 58 | Ying, Xianping | 10,000 | 8/9/2007 | Friend |
| 59 | Li, Feng | 10,000 | 8/9/2007 | Friend |
| 60 | Sun, Shanzhi | 20,000 | 8/9/2007 | Relative |
| 61 | Zhang, Qiuhua | 20,000 | 8/9/2007 | Relative |
| 62 | Wu, Jingbo | 10,000 | 8/9/2007 | Relative |
| 63 | Wang, Jun | 10,000 | 8/9/2007 | Friend |
| 64 | Li, Shichun | 10,000 | 8/9/2007 | Friend |
| 65 | Li, Yuxiang | 10,000 | 8/9/2007 | Friend |
| 66 | Yu, Rongfang | 1,000 | 5/15/2003 | Friend |
| 67 | Wang, Ziyu | 90,000 | 2006-6-26 | Friend |
| 68 | Gao, Lijuan | 50,000 | 2006-6-26 | Friend |
| 69 | Ying, Xiuyan | 50,000 | 2006-6-26 | Friend |
| 70 | Wu, Jingbin | 60,000 | 2006-6-26 | Friend |
| 71 | Wang, Junsheng | 50,000 | 2006-6-26 | Friend |
| 72 | Wang, Yihua | 30,000 | 2007-8-9 | Friend |
| 73 | Xu, Hua | 10,000 | 2007-8-9 | Friend |
| 74 | Liu, Yiqing | 90,300 | 2007-8-9 | Friend |
| 75 | Yang, Yuzhen | 55,000 | 2007-8-9 | Friend |
| 76 | Zhou, Jinhe | 10,000 | 2007-8-9 | Friend |
| 77 | Chu, Mei | 32,000 | 2007-8-9 | Friend |
| 78 | Lai, Junda | 20,000 | 2007-8-9 | Friend |
| 79 | Sui, Fenglan | 5,000 | 2007-8-9 | Friend |
| 80 | Du, Xiulan | 5,000 | 2007-8-9 | Friend |
| 81 | Zhang, Xiaotong | 5,000 | 2007-8-9 | Friend |
| 82 | Zeng, Yan | 5,000 | 2007-8-9 | Friend |
| 83 | Lin, Jian | 5,000 | 2007-8-9 | Friend |
| 84 | Tao, Yuan | 1,900 | 5/15/2003 | Friend |
| 85 | Zhang, He | 36,300 | 5/15/2003 | Friend |
| 86 | Zhang, Zhongyuan | 121,000 | 5/15/2003 | Friend |
| 87 | Liu, Yufu | 121,000 | 5/15/2003 | Friend |
| 88 | Liu, Yongbo | 24,200 | 8/31/2007 | Friend |
| 89 | Zheng, Xiuhua | 121,000 | 5/15/2003 | Friend |
| 90 | Liu, Libo | 258,500 | 5/15/2003 | Relative |
| 91 | Wang, Fengyi | 242,000 | 5/15/2003 | Relative |
| 92 | Liu, Fang | 133,100 | 5/15/2003 | Relative |
| 93 | Liu, Gui | 121,000 | 5/15/2003 | Relative |
| 94 | Liu, Guiqin | 18,150 | 5/15/2003 | Relative |
| 95 | Tian, Xiuping | 24,200 | 5/15/2003 | Relative |
| 96 | Huang, Xiuyun | 302,500 | 2003/6/26 | Relative |
| 97 | Yu, Baoping | 18,150 | 2003/6/26 | Friend |
| 98 | Jia, Shufeng | 212,300 | 2003/6/26 | Friend |
| 99 | Liu, Yiwei | 12,100 | 2003/6/26 | Friend |
| 100 | Liu, Na | 12,100 | 2003/6/26 | Relative |
| 101 | Fu, Deyun | 35,200 | 2003/6/26 | Relative |
| 102 | Li, Chunyan | 24,200 | 2003/6/26 | Relative |
| 103 | Wang, Xiying | 11,000 | 2003/6/26 | Relative |
| 104 | Wen, Yan | 71,500 | 2003/6/26 | Friend |
| 105 | Jia, Shengxi | 16,500 | 2003/6/26 | Friend |
| 106 | Ren, Shengbin | 77,000 | 2003/6/26 | Friend |
| 107 | Feng, Lijun | 187,000 | 2003/6/26 | Friend |
| 108 | Kong, Xiangju | 60,500 | 2003/6/26 | Relative |
| 109 | Ren, Shengwu | 38,500 | 2003/6/26 | Friend |
| 110 | Kong, Fanqin | 11,000 | 2003/6/26 | Relative |
| 111 | Han, Gaojin | 11,000 | 2003/6/26 | Relative |
| 112 | Han, Tieyan | 11,000 | 2003/6/26 | Relative |
| 113 | Liu, Yaqin | 22,000 | 2003/6/26 | Relative |
| 114 | Zhang, Yufang | 11,000 | 2003/6/26 | Friend |
| 115 | Liu, Jiafan | 11,000 | 2003/6/26 | Friend |
| 116 | An, Limin | 11,000 | 2003/6/26 | Friend |
| 117 | Li, Ying | 11,000 | 2003/6/26 | Friend |
| 118 | Gao, Zaifei | 11,000 | 2003/6/26 | Friend |
| 119 | Duan, Jiaying | 33,000 | 8/31/2007 | Friend |
| 120 | Chen, Hongming | 11,000 | 2003/6/26 | Friend |
| 121 | Shao, Changmei | 27,500 | 2003/6/26 | Friend |
| 122 | Li, Yueming | 11,000 | 2003/6/26 | Friend |
| 123 | Liu, Xiaodong | 22,000 | 2003/6/26 | Friend |
| 124 | Wang, Yuanhai | 133,100 | 2003/6/26 | Friend |
| 125 | Hao, Lijing | 6,050 | 2003/6/26 | Friend |
| 126 | Pang, Hong | 110,000 | 2003/6/26 | Friend |
| 127 | Dong, Fengmei | 10,000 | 8/9/2007 | Friend |
| 128 | Liu, Yiqing | 19,700 | 8/9/2007 | Friend |
| 129 | Xu, Xiangjing | 5,000 | 8/9/2007 | Friend |
| 130 | Mu, Shuxian | 5,000 | 8/9/2007 | Friend |
| 131 | Zhang, Jian | 40,000 | 8/9/2007 | Friend |
| 132 | Chen, Lianping | 10,000 | 8/9/2007 | Friend |
| 133 | Wang, Ying | 10,000 | 8/9/2007 | Friend |
| 134 | Jia, Shuping | 10,000 | 8/9/2007 | Friend |
| 135 | Qian, Yuxiang | 20,000 | 8/9/2007 | Friend |
| 136 | Song, Ruojia | 100,000 | 8/9/2007 | Friend |
| 137 | Zhu, Guiying | 10,000 | 8/9/2007 | Friend |
| 138 | Wu, Xiumin | 10,000 | 8/9/2007 | Friend |
| 139 | Wang, Shaocheng | 1,300 | 8/9/2007 | Friend |
| 140 | Kong, Fanmin | 200,000 | 11/18/2006 | Relative |
| 141 | Qi, Li | 308,000 | 2003/6/26 | Friend |
| 142 | Li, Guirong | 11,000 | 2003/6/26 | Friend |
| 143 | Lin, Liyan | 22,000 | 2003/6/26 | Friend |
| 144 | Yang, Yanling | 11,000 | 2003/6/26 | Friend |
| 145 | Wang, Xiyan | 11,000 | 2003/6/26 | Friend |
| 146 | Hu, Liping | 22,000 | 2003/6/26 | Friend |
| 147 | Dong, Yuguo | 70,400 | 2003/6/26 | Friend |
| 148 | Li, Haiyan | 33,000 | 2003/6/26 | Friend |
| 149 | Li, Haijing | 176,000 | 2003/6/26 | Friend |
| 150 | Kong, Fanrong | 1,170,400 | 2003/6/26 | Relative |
| 151 | Yang, Lizhen | 175,000 | 8/9/2007 | Friend |
| 152 | Liang, Xiaojie | 1,000 | 2003/6/26 | Relative |
| 153 | Zhu, Jian | 200,000 | 2003/6/26 | Friend |
| 154 | Zhang, Zhongzheng | 100,000 | 4/30/2005 | Friend |
| 155 | Huang, Xiuyun | 50,000 | 8/28/2006 | Friend |
| 156 | Wei, Xiuzhen | 50,000 | 9/23/2006 | Friend |
| 157 | Tian, Xiuling | 70,000 | 11/18/2006 | Friend |
| 158 | Tian, Lin | 40,000 | 11/18/2006 | Friend |
| 159 | Cheng, Hong | 30,000 | 11/18/2006 | Friend |
| 160 | Wang, Jing | 20,000 | 11/18/2006 | Friend |
| 161 | Jiang, Yunhua | 20,000 | 11/18/2006 | Friend |
| 162 | Lin, Yinnan | 15,000 | 11/18/2006 | Friend |
| 163 | Jin, Xianrong | 5,000 | 11/18/2006 | Friend |
| 164 | Ma, Hongwei | 45,000 | 12/17/2006 | Friend |
| 165 | Shi, Xiaoming | 15,000 | 12/17/2006 | Friend |
| 166 | Li, Li | 10,000 | 12/17/2006 | Friend |
| 167 | Liu, Li | 10,000 | 12/17/2006 | Friend |
| 168 | Wang, Hongjuan | 20,000 | 12/17/2006 | Friend |
| 169 | Liu, Yu | 70,000 | 12/17/2006 | Friend |
| 170 | Fu, Derong | 10,000 | 12/17/2006 | Friend |
| 171 | Cong, Jie | 20,000 | 1/9/2007 | Friend |
| 172 | Wei, Hong | 60,000 | 1/9/2007 | Friend |
| 173 | Jiang, Yong | 10,000 | 1/9/2007 | Friend |
| 174 | Ma, Hongyan | 10,000 | 1/9/2007 | Friend |
| 175 | Chen, Xu | 10,000 | 1/9/2007 | Friend |
| 176 | Liu, Jianjun | 6,000 | 1/9/2007 | Friend |
| 177 | Kong, Xianghui | 10,000 | 1/9/2007 | Relative |
| 178 | Fan, Ziqin | 10,000 | 1/9/2007 | Friend |
| 179 | Chen, Hongming | 10,000 | 1/9/2007 | Friend |
| 180 | Li, Hongke | 30,000 | 1/9/2007 | Friend |
| 181 | Li, Haitao | 20,000 | 1/9/2007 | Friend |
| 182 | Ni, Xuefa | 20,000 | 12/14/2006 | Friend |
| 183 | Li, Shichun | 50,000 | 1/22/2007 | Friend |
| 184 | Wang, Jian | 20,000 | 1/23/2007 | Friend |
| 185 | Liu, Tiezheng | 10,000 | 2/25/2007 | Friend |
| 186 | Song, Lizhen | 24,000 | 3/7/2007 | Friend |
| 187 | Song, Lizhen | 26,000 | 4/4/2007 | Friend |
| 188 | Li, Xu | 10,000 | 4/24/2007 | Friend |
| 189 | Xu, Manhua | 5,000 | 5/9/2007 | Friend |
| 190 | Zhang, Xianzhong | 5,000 | 7/5/2007 | Friend |
| 191 | Wang, Fengkai | 10,000 | 8/28/2007 | Friend |
| 192 | Bian, Huanru | 5,000 | 9/6/2007 | Friend |
| 193 | Liu, Changjuan | 20,000 | 9/20/2007 | Relative |
| 194 | Han, Guijuan | 10,000 | 9/20/2007 | Friend |
| 195 | Han, Meiju | 5,000 | 9/20/2007 | Friend |
| 196 | Liu, Shuyan | 10,000 | 10/9/2007 | Friend |
| 197 | Yu, Jinmei | 20,000 | 10/9/2007 | Friend |
| 198 | Lan, Weibing | 10,000 | 12/10/2007 | Friend |
| 199 | Zhao, Zhigang | 14,000 | 4/30/2005 | Friend |
| 200 | Liu, Kejian | 115,000 | 4/30/2005 | Friend |
| Total | 9,550,200 |
I hereby confirm that the above description is true and accurate:
/s/ Liu, Changzhen
Liu, Changzhen
Dated: October 10, 2011
