Legal Opinion Letter Regarding Equity Purchase Contract Among Beijing Shi Ji Rong Chuang, XIN NET CORP, and Shareholders
Summary
This legal letter, issued by Beijing Li-Fang Law Firm, confirms the review and validity of corporate documents for Beijing Shi Ji Rong Chuang Science and Technology Co. Ltd, Beijing EW Xintong Science & Technology Development Co., Ltd, and a purchase contract between the shareholders of Beijing Shi Ji Rong Chuang and XIN NET CORP. The letter affirms the legality of the documents, the shareholding structure, and the compliance of the purchase contract with Chinese law. The letter is notarized to confirm its authenticity and accurate translation.
EX-10.21 3 ex10-21.txt EXHIBIT 10.21 LEGAL LETTER EXHIBIT 10.21 LEGAL LETTER The undersigned hereby confirms to have examined the following documents in Beijing Li-Fang Law Firm on Apr. 8, 2004. 1. Business License for Enterprises as Legal Persons of Beijing Shi Ji Rong Chuang Science and Technology Co. Ltd; 2. Articles of Association of Beijing Shi Ji Rong Chuang Science and Technology Co Ltd; 3. Business License for Enterprises as Legal Persons of Beijing EW Xintong Science & Technology Development Co., Ltd (QuickNet); 4. Articles of Association of Beijing EW Xintong Science & Technology Development Co., Ltd; 5. "Purchase Contract" signed between the shareholders of Beijing Shi Ji Rong Chuang Science and Technology Co Ltd and XIN NET CORP. On the basis of the facts enunciated in the above-mentioned documents, the undersigned hereby proposed the following legal opinions: 1. Documents listed in Item 1 - 4 are legal and valid documents issued by Chinese competent departments on registration. 2. Beijing Shi Ji Rong Chuang Science and Technology Co Ltd possess 2% of shares of Beijing EW Xintong Science & Technology Development Co., Ltd. 3. Wei Kun and Wei Xin are shareholders of Beijing Shi Ji Rong Chuang Science and Technology Co Ltd. Wei Kun and Wei Xin hold 50% of registered capital of the Company respectively, the above two shareholders represent 100% of equity interests of the Company. 4. Wei Kun and Wei Xin signed a "Purchase Contract" with XIN NET CORP. agreeing to grant XIN NET CORP the purchasing right of 100% of equity interests of Wei Kun and Wei Xin in the Company, the above contract complies with the relevant laws of the People's Republic of China. Beijing Li-Fang Law Firm Beijing Li-Fang Law Firm (Seal) Liu Xudong, Lawyer Apr. 8, 2004 NOTARIAL CERTIFICATE (Translation) (2004) J.G.Z.W.J.Zi, No. 0079 This is to certify that the Lawyer Liu Xudong of Beijing Li-Fang Law Firm affixed his signature on the Legal letter attached hereto on Apr. 8, 2004, the Seal of Beijing Li-Fang Law Firm and the Signature of Liu Xudong affixed on the Legal letter are found to be authentic. The English Translation is in conformity with the Chinese original. Notary: Chen Gang International Prestige Notary Public Office, Beijing The People's Republic of China Apr. 12, 2004
