EXHIBIT 10.15
AGREEMENT ON TRANSFER OF EQUITY INTEREST OF HENAN ZHONGPIN FOOD CO., LTD.
DATED AUGUST 16, 2005 BETWEEN ZHU XIAN FU, XXX XXX KE, SI SHUI CHI,
WANG XXXX XX, XXX XXXX XXXX, AND XXXX XXXX XXXX
("TRANSFERORS") AND FALCON LINK INVESTMENT LTD. ("TRANSFEREE")
Zhu Xian Fu, Xxx Xxx Ke, Si Shui Chi, Wang Xxxx Xx, Xxx Xxxx Xxxx,
and Xxxx Xxxx Xxxx ("Transferors") agree to transfer 100% equity interest of
Henan Zhongpin Food Co., Ltd. to Falcon Link Investment Limited (the
"Transferee"), a British Virgin Islands company. In consideration for the
transfer, the Transferee shall pay to the Transferors a total purchase price of
RMB 20,940,000.00. Upon completion of said transfer, the Transferors shall hold
no equity interest in Henan Zhongpin Food Co., Ltd., and the Tranferee shall
hold 100% of the shares of Henan Zhongpin Food Co., Ltd. As a result, Henan
Zhongpin Food Co., Ltd. shall be re-registered as a wholly foreign-owned
enterprise according to laws of the People's Republic of China.
