Equity Transfer Agreement between Li Yuan and Baichuang Information Consulting (Shenzhen) Co., Ltd. dated January 11, 2016
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Summary
This agreement documents the transfer of 93% of the shares in Jiangsu Xuefeng Environmental Project Science and Technology Co., Ltd. from Li Yuan to Baichuang Information Consulting (Shenzhen) Co., Ltd. The transfer is made without payment, and upon signing, Li Yuan relinquishes all shareholder rights and obligations, while Baichuang assumes them. The agreement is effective as of January 11, 2016, the date of signature by both parties.
EX-10.1 2 exh10_1.htm ENGLISH TRANSLATION OF THE EQUITY TRANSFER AGREEMENT DATED JANUARY 11, 2016, BY AND BETWEEN LI YUAN AND BAICHUANG INFORMATION CONSULTING (SHENZHEN) CO. LTD.
Exhibit 10.1
Equity Transfer Agreement
Transferor：Li Yuan
Transferee：Baichuang Information Consulting (Shenzhen) Co., Ltd
With the consensus after negotiation of the above-mentioned parties, and agreed by the Shareholders' Meeting of Jiangsu Xuefeng Environmental Project Science and Technology Co., Ltd，the transferor transfers his 93% of the shares (totally 42.9 million Yuan) held in the Company for free, this agreement shall enter into force on the date of signature and seal of both parties, the transferor will not enjoy the rights for being a shareholder and no longer perform the obligations for being a shareholder. The transferee begins to own the rights of shareholders and performs their obligations as a shareholder.
Transferor：Li Yuan
Transferee：Baichuang Information Consulting (Shenzhen) Co., Ltd
January 11, 2016
