Asset Usage Rights Transfer Agreement between Honguan Shoe Co. and Wang Tao

Summary

Honguan Shoe Co. and Wang Tao have agreed that certain assets, including vehicles, buildings, and land, which already belong to Honguan Shoe Co., will have their usage rights formally transferred from Wang Tao to Honguan Shoe Co. The agreement lists specific assets such as cars, a warehouse, workshops, and land. Both parties will keep a signed copy of the agreement. This document clarifies asset usage rights and formalizes the transfer between the parties.

EX-10.3 18 v173952_ex10-3.htm Unassociated Document
Agreement

 
Party A: Honguan Shoe Co.
Party B: Wang Tao

Hereby Party A actual asset

Both parties are friendly agreed that regarding party B assets:

Fixed Asset (vehicles)
Fixed Assets ( Housing)
Intangible Assets
1 Audi Car
Warehouse 2nd floor
Land (14225 meter square)
1 Hyundai Van
No.1 Workshop
 
1 Jetta Car
No.2 Workshop
 
1 Evco Van
No.3 Workshop
 
 
Messenger Room, Entry
 
 
Showroom
 
 
Male dormitory
 
 
Electricity Room
 
 
Fixed assets (vehicles)


While all the above actually belong to Party A, Party B will transfer all above assets assets usage rights to Party A accordingly.

Whereas this agreement, and there will be two copies of it, and each party holds one.

Party A:
Party B: