Agreement

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Agreement

Party A: Shandong Yongchuntang Biologic Science & Technology Co., Ltd.

Party B: Shandong Spring Medicine Co., Ltd.

Party A and Party B reached the following agreements after friendly negotiation:

Party B is willing to purchase a 20-year use right of an invention patent -glucoside type flavone biological transformation and purification method individually developed by Party A. The purchase price is RMB 46 million in one-time payment. During this period, Party A shall not transfer this method or allow any third party (organization, individual) to use it, except for using it as the raw material used in the self-made health products (glucoside type flavone soft capsule, ginkgo refreshing anti-dandruff shampoo, ginkgo refreshing body wash, ginkgo dental-care toothpaste, yin ling pine pollen capsule ). In addition, Party A shall also be responsible for sending technicians to assist Party B in manufacturing the qualified products. In the event of a breach, the defaulting party shall pay 10% penalty as compensation to the other side.

Party A: Shandong Yongchuntang Biologic Science & Technology Co., Ltd.(seal)

 

Signature of the representative:

Party B: Shandong Spring Medicine Co., Ltd.

 

Signature of the representative:

 

Seal of Shandong Yongchuntang Biologic Science & Technology Co., Ltd.

 

 

Seal of Shandong Spring Medicine Co. Ltd.