Equity Transfer Agreement between Gu Quanhui and Shandong Global Pharm Group, Ltd. regarding Bozhou Xinghe Pharmaceutical Co., Ltd.

Summary

Gu Quanhui agrees to transfer a 38% ownership stake, valued at RMB 7.6 million, in Bozhou Xinghe Pharmaceutical Co., Ltd. to Shandong Global Pharm Group, Ltd. Both parties have completed the necessary filing procedures for the equity change. The terms of this transfer are governed by a separate Merger and Acquisition Agreement. The agreement was signed on July 4, 2011.

EX-10.18 22 v231159_ex10-18.htm EXHIBIT 10.18
EQUITY TRANSFER AGREEMENT

Party A (Transferor):
Gu Quanhui
ID No.:
341281196905176058

Party B (Transferee):
Shandong Global Pharm Group, Ltd.

Party A hereto agrees to transfer its 38% equity interest of RMB 7.6 million in Bozhou Xinghe Pharmaceutical Co., Ltd. to Party B through the negotiation of the two parties.

The two parties handled the filing procedures for equity change.

The detailed provisions for transfer of the two parties shall comply with the Merger and Acquisition Agreement signed hereto.
 
 
1

 

Party A

Gu Quanhui
)

Party B

Shandong Global Pharm
)
Group, Ltd.
)

 
Song Yanliang
 
Representative

Signing date: July 4, 2011
 
 
2