Equity Transfer Agreement between Yi Yuan and Baichuang Information Consulting (Shenzhen) Co., Ltd. dated January 11, 2016
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Summary
This agreement is between Yi Yuan and Baichuang Information Consulting (Shenzhen) Co., Ltd. Yi Yuan agrees to transfer his 7% ownership (valued at 3.10 million Yuan) in Jiangsu Xuefeng Environmental Project Science and Technology Co., Ltd. to Baichuang for free. After signing, Yi Yuan will no longer have shareholder rights or obligations, and Baichuang will assume all rights and responsibilities as a shareholder. The agreement is effective upon signing by both parties.
EX-10.2 3 exh10_2.htm ENGLISH TRANSLATION OF THE EQUITY TRANSFER AGREEMENT DATED JANUARY 11, 2016, BY AND BETWEEN YI YUAN AND BAICHUANG INFORMATION CONSULTING (SHENZHEN) CO. LTD.
Exhibit 10.2
Equity Transfer Agreement
Transferor:Yi 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 7% of the shares (totally 3.10 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: Yi Yuan
Transferee: Baichuang Information Consulting (Shenzhen) Co., Ltd.
January 11, 2016