SHARE TRANSFER AGREEMENT
EXHIBIT
10.9
THIS
SHARE TRANSFER AGREEMENT is made and entered into on October 16, 2005 by and
between Beijing Huiyuan Duoyuan Digital Printing Technology Research Institute,
a China-based corporation (“Huiyuan Duoyuan”), and Duoyuan Digital Printing
Technology Industry (China) Co., Ltd., a China-based corporation (“Duoyuan
China”). Both corporations are shareholders of Langfang Duoyuan Digital
Technology Co., Ltd. (“Langfang Duoyuan”).
Huiyuan
Duoyuan agrees to transfer 90% of its shares of Langfang Duoyuan to Duoyuan
China.
Upon
the
closing of the Share Transfer, Duoyuan China shall have 95% of the shares and
Huiyuan Duoyuan will have 5% of the shares of Langfang Duoyuan
respectively.
The
purchase price is RMB36,000,000. Duoyuan China shall pay the purchase
price to Huiyuan Duoyuan within 30 days after this Agreement becomes
effective.
