Attached files
Exhibit 10.21
Equity Transfer Agreement
(English Translation)
Parties:
Transferor: | Wang Bing Wu |
Transferee: | Wang Hong Jun |
As a result of mutual consultation, Wang Bing Wu agrees to transfer registered capital in the amount of RMB 1,668,000 representing 10% of the total registered capital of Song Yuan Yu Qiao Oil & Gas Development Co., Ltd. to Wang Hong Jun. Following the transfer, Transferee shall enjoy the rights and obligations in proportion to the equity interest received by the Transferee.
Transferor: /s/ Wang Bing Wu
Transferee: /s/ Wang Hong Jun
April 7, 2008