Common use of Purchase and Sale of Ordinary Shares Clause in Contracts

Purchase and Sale of Ordinary Shares. Upon the terms and subject to the conditions set forth herein, the Purchaser agrees to purchase from the Seller, and the Seller agrees to sell to the Purchaser, 165,961,527 Ordinary Shares (the “Sale Shares”), representing 31.61% of the total issued and outstanding Ordinary Shares on a fully-diluted basis as of the date hereof, for an amount equal to the sum of US$68,065,714 (the “Purchase Price”) payable as provided in Section 1.2 hereof.

Purchase and Sale of Ordinary Shares. Upon the terms and subject to the conditions set forth herein, the Purchaser agrees to purchase from the SellerCompany, and the Seller Company agrees to sell and issue to the Purchaser, 165,961,527 at the Closing 309,950,973 Ordinary Shares (the “Sale New Shares”), representing 31.6159.04% of the total issued and outstanding Ordinary Shares on a fullyFully-diluted basis as of the date hereofDiluted basis, for an amount equal to the sum of US$68,065,714 160,000,000 (the “Purchase Price”) payable as provided in Section 1.2 hereof.