Power of Attorney between Li Shunxing, Li Xiangning, Pang Daqing, Xie Li, Guangzhou Weida Communication Technology Co., Ltd., and Deng Longlong for SCL Ventures Ltd. Acquisition Project
This Power of Attorney authorizes Deng Longlong to act on behalf of Li Shunxing, Li Xiangning, Pang Daqing, Xie Li, and Guangzhou Weida Communication Technology Co., Ltd. in matters related to the acquisition of Guangzhou Weida Communication Technology Co., Ltd. by SCL Ventures Ltd. Deng Longlong is empowered to negotiate, make commitments, and sign all documents related to the acquisition, and all actions taken by him within this scope are legally binding on the grantors. The agreement was executed on August 23, 2004.
Exhibit 10.11
POWER OF ATTORNEY
GRANTORS:
Li Shunxing, a PRC citizen; ID card no. 440102401122232
Li Xiangning, a PRC citizen; ID card no. 110108570130491
Pang Daqing, a PRC citizen; ID card no. 110102590924233
Xie Li, a PRC citizen; ID card no. 110108580903632; and
Guangzhou Weida Communication Technology Co., Ltd., a PRC limited company.
GRANTEE:
Deng Longlong; ID card no. 440102400325321.
Concerning the acquisition (the Project) of Guangzhou Weida Communication Technology Co., Ltd., (Weida) by SCL Ventures Ltd., and its affiliates, the Grantors hereof authorize the Grantee to conduct the following activities on behalf of the Grantors:
1. to negotiate concerning the Project;
2. to make commitments concerning the Grantors rights and obligations concerning the Project; and
3. to sign all contracts, agreements and documents concerning the Project.
The Grantors hereby represent that all activities conducted by and all documents signed by the Grantee within the scope described above shall be legally binding upon the Grantors.
This Power of Attorney has been executed by the Grantors on August 23, 2004.
Signatures:
Li Shunxing | /s/ Li Shunxing |
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Li Xiangning | /s/ Li Xiangning |
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Xie Li | /s/ Xie Li |
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Pang Daqing | /s/ Pang Daqing |
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Guangzhou Weida Communication Technology Co., Ltd. | ||||||
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Authorized Representative: Li Shun Xing | /s/ Li Shun Xing |
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Deng Longlong | /s/ Deng Longlong |
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