Stockholder's Rights Transfer Agreement between Chen Jingyun and Tianjin Joway Shengshi Group Co., Ltd. regarding Liaoning Joway Technology Engineering Co., Ltd.
This agreement is between Chen Jingyun (the assignor) and Tianjin Joway Shengshi Group Co., Ltd. (the assignee). Chen Jingyun agrees to transfer a 9.09% ownership interest in Liaoning Joway Technology Engineering Co., Ltd. to Tianjin Joway Shengshi Group Co., Ltd. for RMB 100,000. Both parties have agreed to the terms and signed the agreement on July 25, 2010.
Exhibit 10.22
Stockholder’s Rights Transfer Agreement
Assignor (Party A) : Chen Jingyun
Assignee (Party B) : Tianjin Joway Shengshi Group Co., Ltd.
After consultations between both parties, Party A agrees to transfer the 9.09% Stockholder’s Rights of Liaoning Joway Technology Engineering Co., Ltd. (hereafter refers to as “the Company”) to Party B. Party B agrees to transferee the 9.09% share of the Company from Party A at a cost of RMB 100,000.
Party A: /s/ Chen Jingyun
Party B: /s/ Zhang Jinghe
/stamp/ Tianjin Joway Shengshi Group Co., Ltd.
Date: July 25, 2010
