TRANSLATION OF SHARE TRANSFER AGREEMENT OF HAINAN E-FUTURE COMPUTER CO., LTD.

Exhibit 10.8

TRANSLATION

OF

SHARE TRANSFER AGREEMENT OF HAINAN E-FUTURE COMPUTER CO., LTD.

Transferor: Xxxxxxx Xxxx

Transferee: Xxxx Xxxxx

Based on principal of voluntariness and equality, the Transferor agrees to transfer his 25% equity interests, or capital contribution of RMB375,000, of Hainan E-Future Computer Co., Ltd. to the Transferee at the price of RMB75,000. All rights and obligations of the Transferor as the shareholder shall be rescinded, while the transferee shall undertake such rights and obligations as of today.

This Agreement shall enter into effect as of the date of signatures of both parties.

Transferor:		/s/ Xxxxxxx Xxxx
		Xxxxxxx Xxxx
Transferee:		/s/ Ling Xxxxx
		Xxxx Zhang

Date: May 18, 2005