SHARE AND WARRANT CANCELLATION AGREEMENT

THIS (this “Agreement”) is made and entered into as of this 12th day of November, 2010, by and between SRKP 23, Inc., a Delaware corporation (“SRKP 23”), and the stockholders of SRKP 23, as set forth on Schedule I attached hereto (such stockholders are collectively referred to herein as the “Stockholders”). Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Exchange Agreement (as hereinafter defined).

RECITALS

WHEREAS, as of the date hereof, SRKP 23 entered into a Share Exchange Agreement (the “Exchange Agreement”) with Weixin International Co., Limited, a company organized under the laws of the British Virgin Islands (“Weixin BVI”); Wei Xin Holding Group Limited, a company organized under the laws of Hong Kong and a wholly-owned subsidiary of Weixin BVI (“Weixin HK”); Gangzhou Kelida Intelligent Equipment Co., Ltd., a company organized under the laws of the People’s Republic of China and a wholly-owned subsidiary of Weixin HK (“Kelida”); Zhaoqing Hua Su Plastic Trading Company (“Hua Su”), Zhaoqing Xxxxxx Xx Resources Recycle Co., Ltd. (“Xxxxxx Xx”), Zhaoqing Xin Ye Plastic Co., Ltd. (“Xin Ye”), and Zhaoqing Xx Xxx Craftwork Co., Ltd. (“Xx Xxx”), each a company organized under the laws of the People’s Republic of China and a wholly-owned subsidiary of Kelida; and all of the shareholders of Weixin BVI, a copy of which is attached hereto as Exhibit A;

WHEREAS, pursuant to the terms of the Exchange Agreement, and as a condition to the completion of the transactions contemplated by the Exchange Agreement, SRKP 23 agreed to enter into an agreement with the Stockholders to cancel (i) an aggregate of 6,679,899 shares of SRKP 23 common stock held by such Stockholders (the “Shares”), as such Shares are more particularly set forth on Schedule I attached hereto, and (ii) warrants to purchase an aggregate of 7,804,803 shares of SRKP 23 common stock held by such Stockholders (the “Warrants”), as such Warrants are more particularly set forth on Schedule II attached hereto; and

WHEREAS, the Stockholders acknowledge that they would benefit from the completion of the transactions contemplated by the Exchange Agreement.

NOW, THEREFORE, for and in consideration of the execution and delivery of the Exchange Agreement, and the payment of good and valuable consideration pursuant to the Exchange Agreement, the receipt and sufficiency of which is hereby acknowledged, SRKP 23 and the Stockholders, each intending to be legally bound by this Agreement, hereby agree as follows:

AGREEMENT

1. DUTIES

1.1 Rights and Obligations of the Parties. The parties shall be entitled to such rights and shall perform such duties as set forth herein. In the event that the terms of this Agreement conflict in any way with the provisions of the Exchange Agreement, the Exchange Agreement shall control.

1.2 Cancellation of Shares and Warrants. On the Closing Date of the Exchange Agreement, the Shares and the Warrants shall be deemed automatically cancelled. The Stockholders agree to execute any and all documents, including, but not limited to, stock powers for the stock certificates representing the Shares, as SRKP 23 reasonably determines necessary to effect the cancellation of the Shares and the Warrants pursuant to the terms of this Agreement.

2. DIVIDENDS; VOTING RIGHTS; STOCK SPLITS

2.1 Cash Dividends; Voting Rights. Prior to the Closing of the Exchange Agreement, the Stockholders shall have rights to cash or stock dividends with respect to the Shares and the Warrants, if any, and have rights to vote their respective Shares, if any such matter requiring stockholder approval shall arise.

2.2 Stock Splits; Stock Dividends. In the event of any stock split or other similar transaction with respect to SRKP 23 common stock that becomes effective prior to the Closing of the Exchange Agreement, the additional shares or warrants issued with respect to the Shares or the Warrants shall be similarly cancelled.

3. MISCELLANEOUS

3.1 Transferability. None of the rights and obligations of the Stockholders hereunder shall be transferable.

3.2 Notices. Any notices or other communications required or permitted under this Agreement shall be in writing and shall be sufficiently given if sent by (i) registered or certified mail, postage prepaid, addressed as follows, (ii) facsimile to the facsimile numbers identified below or (iii) overnight courier (such as UPS or FedEx), addressed as follows:

If to SRKP 23:

SRKP 23, Inc.

0000 Xxxxx Xxxxx Xxxxx, Xxxxx 000

Lauderdale by the Xxx, XX 00000

Attention: Xxxxxxx Xxxxxxxxx

Telecopy No.: (000) 000-0000

If to the Stockholders:

to the address set forth next to the name of each of the Stockholders in Schedule I

or such other person or address as shall be furnished in writing by any of the parties and any such notice or communication shall be deemed to have been given as of the date so mailed.

3.3 Construction. The validity, enforcement and construction of this Agreement shall be governed by the laws of the State of Delaware, regardless of the laws that might otherwise govern under applicable principles of conflicts of laws thereof.

3.4 Binding Effect. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, legatees, assigns and transferees, as the case may be.

3.5 Severability. If any provision or section of this Agreement is determined to be void or otherwise unenforceable, it shall not affect the validity or enforceability of any other provisions of this Agreement which shall remain enforceable in accordance with their terms.

3.6 Interpretation. The headings and subheadings contained in this Agreement are for reference only and for the benefit of the parties and shall not be considered in the interpretation or construction of this Agreement. This Agreement shall be construed and interpreted without regard to any rule or presumption requiring that it be construed or interpreted against the party causing it to be drafted.

3.7 Execution in Counterparts. This Agreement may be executed in any number of counterparts (including facsimile counterparts), each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument.

3.8 Amendments. This Agreement may be amended from time to time but only by written agreement signed by all of the parties hereto.

3.9 Entire Agreement. This Agreement constitutes the entire understanding and agreement of the parties relating to the subject matter hereof and supersedes any and all prior understandings, agreements, negotiations and discussions, both written and oral, between the parties hereto with respect to the subject matter hereof.

[Signatures appear on following pages]

IN WITNESS WHEREOF, the parties have executed this as of the day and year first above written.

SRKP 23, INC.

By:	/s/ Xxxxxxx Xxxxxxxxx
Name:	Xxxxxxx Xxxxxxxxx
Title:	President

STOCKHOLDERS

/s/ Xxxxxx Xxxxxxxxxxxx		/s/ Xxxxxxx Xxxxxxxxxxxx
Xxxxxx Xxxxxxxxxxxx		Xxxxxxx Xxxxxxxxxxxx

/s/ Xxxxxx Xxxxxxxxxxxx		/s/ Xxxxxxx Xxxxxxxxx
The Xxxxx Xxxxxxxxxxxx Trust dated 2/9/2000		Xxxxxx Xxxxxxxxx Trust
By: Xxxxxx Xxxxxxxxxxxx		By: Xxxxxxx Xxxxxxxxx
Its: Trustee		Its: Trustee

/s/ Xxxxxx Xxxxxxxxxxxx		/s/ Xxxxxxx Xxxxxxxxx
The Xxxxx X. Xxxxxxxx Trust dated 2/3/2000		Xxxxxx Xxxxxxxxx Trust
By: Xxxxxx Xxxxxxxxxxxx		By: Xxxxxxx Xxxxxxxxx
Its: Trustee		Its: Trustee

/s/ Xxxxxx Xxxxxx		/s/ Xxxxx XxXxxxxx
Xxxxxx Xxxxxx		Xxxxx XxXxxxxx

/s/ Xxxxxxx Xxxxxxxxx		/s/ Xxxxx Xxxxx
WestPark Capital Financial Services, LLC		Xxxxx Xxxxx
By: Xxxxxxx Xxxxxxxxx
Its: Chief Executive Officer

/s/ Xxxxxxx Xxxxxxxxx
Xxxxxxx Xxxxxxxxx

Signature Page to - Weixin

/s/ Xxxxxxxx Xxxxx

Xxxxxxxx Xxxxx

/s/ Xxxx Xxxx

Zhou Chen

/s/ XxxXxx Xxxxx

XxxXxx Xxxxx

Signature Page to - Weixin

Acknowledged and Agreed:

WEIXIN INTERNATIONAL CO., LIMITED

By:	/s/ Xxxxx Xxxxxx
Name:	Xxxxx Xxxxxx
Title:	Director

Signature Page to - Weixin

Schedule I

Stockholders of SRKP 23, Inc.

	Stockholder	Shares to be cancelled per the terms of this Agreement		Pre-Closing Shares		Post-Closing Shares
1.	WestPark Financial Services, LLC 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		1,813,288		2,773,979		960,691

2.	Xxxxxxx Xxxxxxxxx 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		954,070		1,135,420		181,350

3.	Xxxxxx Xxxxxxxxx Trust 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		266,688		319,338		52,650

4.	Xxxxxx Xxxxxxxxx Trust 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		266,688		319,338		52,650

5.	Xxxxxx Xxxxxxxxxxxx 000 0xx Xxxxxx , Xxx 00X Xxx Xxxx, XX 00000		840,978		1,000,000		159,022

6.	The Xxxxx Xxxxxxxxxxxx Trust dated 2/9/2000 000 0xx Xxxxxx , Xxx 00X Xxx Xxxx, XX 00000		83,513		100,000		16,487

7.	The Xxxxx X. Xxxxxxxx Trust dated 2/3/2000 000 0xx Xxxxxx , Xxx 00X Xxx Xxxx, XX 00000		83,513		100,000		16,487

8.	Xxxxxxx Xxxxxxxxxxxx c/o XXXX 23, Inc. 0000 Xxxxx Xxxxx Xxxxx, Xxxxx 000 Lauderdale by the Xxx, XX 00000		592,639		709,639		117,000

9.	Xxxxxx Xxxxxx 000 Xxxxxxxxx, Xxxxx 0000 Xxxx Xxxxx, XX 00000-0000		207,424		248,374		40,950

10.	Xxxxx XxXxxxxx 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		207,424		248,374		40,950

11.	Xxxxx Xxxxx 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		118,528		141,928		23,400

12.	Xxxxxxxx Xxxxx TianLai 17 Block, Xxxxx Xxxxx Golf Long Gong District, Shenzhen People’s Republic of China		415,048		496,988		81,940

	Stockholder	Shares to be cancelled per the terms of this Agreement		Pre-Closing Shares	Post-Closing Shares
13.	Zhou Xxxx XxxxXxx 17 Block, Xxxxx Xxxxx Golf Long Gong District, Shenzhen People’s Republic of China		415,049	496,988		81,939
14.	XxxXxx Xxxxx TianLai 17 Block, Xxxxx Xxxxx Golf Long Gong District, Shenzhen People’s Republic of China		415,049	496,988		81,939
	TOTAL		6,679,899	8,587,354		1,907,455

Schedule II

Warrantholders of SRKP 23, Inc.

	Warrantholder	Warrants to be cancelled per the terms of this Agreement		Pre-Closing Warrants		Post-Closing Warrants
1.	WestPark Financial Services, LLC 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		2,379,849		2,773,979		394,130

2.	Xxxxxxx Xxxxxxxxx 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		1,061,021		1,135,420		74,399

3.	Xxxxxx Xxxxxxxxx Trust 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		297,738		319,338		21,600

4.	Xxxxxx Xxxxxxxxx Trust 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		297,738		319,338		21,600

5.	Xxxxxx Xxxxxxxxxxxx 000 0xx Xxxxxx , Xxx 00X Xxx Xxxx, XX 00000		934,760		1,000,000		65,240

6.	The Xxxxx Xxxxxxxxxxxx Trust dated 2/9/2000 000 0xx Xxxxxx , Xxx 00X Xxx Xxxx, XX 00000		93,236		100,000		6,764

7.	The Xxxxx X. Xxxxxxxx Trust dated 2/3/2000 000 0xx Xxxxxx , Xxx 00X Xxx Xxxx, XX 00000		93,236		100,000		6,764

8.	Xxxxxxx Xxxxxxxxxxxx c/o XXXX 23, Inc. 0000 Xxxxx Xxxxx Xxxxx, Xxxxx 000 Lauderdale by the Xxx, XX 00000		661,639		709,639		48,000

9.	Xxxxxx Xxxxxx 000 Xxxxxxxxx, Xxxxx 0000 Xxxx Xxxxx, XX 00000-0000		231,574		248,374		16,800

10.	Xxxxx XxXxxxxx 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		231,574		248,374		16,800

11.	Xxxxx Xxxxx 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000		132,328		141,928		9,600

12.	Xxxxxxxx Xxxxx XxxxXxx 00 Xxxxx, Xxxxx Xxxxx Golf Long Gong District, Shenzhen People’s Republic of China		463,370		496,986		33,616

	Warrantholder	Warrants to be cancelled per the terms of this Agreement		Pre-Closing Warrants		Post-Closing Warrants
13.	Zhou Xxxx XxxxXxx 17 Block, Xxxxx Xxxxx Golf Long Gong District, Shenzhen People’s Republic of China		463,370		496,986		33,616
14.	XxxXxx Xxxxx TianLai 17 Block, Xxxxx Xxxxx Golf Long Gong District, Shenzhen People’s Republic of China		463,370		496,986		33,616
	TOTAL		7,804,803		8,587,348		782,545

Exhibit A

Share Exchange Agreement

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Table of Contents

SHARE AND WARRANT CANCELLATION AGREEMENT

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