0001116502-04-000345 Sample Contracts

AGREEMENT FOR THE SALE AND PURCHASE OF SHARES IN SHENZHEN XUBU INVESTMENT CO. LTD.
Agreement • February 25th, 2004 • China Resources Development Inc • Wholesale-miscellaneous nondurable goods

WHEREAS the Seller owns 27,000,000 shares, representing 90% of the total issued and outstanding share capital of Shenzhen Xubu Investment Co. Ltd. (the “Company”) and desires to sell all of and the Purchaser desires to purchase all of such share capital.

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AGREEMENT FOR THE SALE AND PURCHASE OF SHARES IN SHENZHEN XUBU INVESTMENT CO. LTD.
Agreement • February 25th, 2004 • China Resources Development Inc • Wholesale-miscellaneous nondurable goods

WHEREAS the Seller owns 3,000,000 shares, representing 10% of the total issued and outstanding share capital of Shenzhen Xubu Investment Co. Ltd. (the “Company”) and desires to sell all of and the Purchaser desires to purchase all of such share capital.

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