Exhibit 10.1
Stock Transfer Agreement
THIS Stock Transfer Agreement , dated as of July 22, 2005 (this "Agreement"), is
by and between Du Yaru, Duanxiao, Du Qingsong, Xxxx Xxxx, Xxx Xxxxx, Xxxxx Xxx
To Yinshing, (each a "Grantor" and collectively, the "Grantors"), Aidi
Investment Consulting Co. Ltd, ("Aidi"), and Lanbo Financial Group Inc
("Lanbo").
Lanbo entered into the financial advisor agreement with Aidi ("Aidi Agreement").
According to the Aidi Agreement, Aidi should provide Lanbo with the consultant
and financial service and assist Lanbo in reverse merger transaction. As Lanbo
changes the financing channel, Grantors will transfer unused 24% of Lanbo's
outstanding common stocks to the original shareholders of Xi'an Xinxing Real
Estate Development Inc. and Lanbo's management, Xx. Xx Pingji will be the
trustee of these stocks. Lanbo shall provide registration rights to Lanbo's
management and original Xinxing's shareholders for transferred Common stock in
10 days after the execution of this Agreement.
Grantors' Ownership of Transferred Common Stock
Grantors' Ownership of Transferred Common Stock
Shares of Ownership of the
Grantor Common Stock Shares
------- ------------ ----------------
Du Yaru 714,286 2%
Xxxx xxxx 714,286 2%
To Yinshing 2,142,857 6%
Du Qingsong 1,428,572 4%
Xxxx Xxxx 1,071,429 3%
Xxx Xxxxx 714,286 2%
Xxxxx Xxx 1,785,714 5%
Total 8,571,430 24%
Name: /s/ Du Yaru
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Name: /s/ Xxxx Xxxx
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Name: /s/ Du Qing So ng
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Name: /s/ Xxx Xxxxx
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Name: /s/ To Xxx Xxxxx
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Name: /s/ Xxxx Xxxx
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Name: /s/ Xxxxx Xxx
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Representative of Grantors: /s Du Qingsong
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Representative of Grantees: /s/ Lu Pingji
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