Translation of Trust Agreement for Hugh Wang’s Beneficial Ownership of Timesway Shares on Behalf of PJCL Employees

Exhibit 10.6

Translation of Trust Agreement for Xxxx Xxxx’x Beneficial Ownership of Timesway Shares on Behalf of PJCL Employees

Consigner: ____________

ID. No.: ______________

Consignee: Wang Hu

ID. No.: 370102195907053717

The consigner, _____________, actually holds _____ of the share issued by Timesway Group Limited (including option). Timesway Group Limited holds 94.12% of the share issued by Pansoft Company Limited, thus I actually hold indirectly _______ of the share issued by Pansoft Company Limited (including option). Now, the share (including option) I actually hold is authorized to the consignee to hold.

Signature of Consigner: ________ Signature of Consignee: Wang Hu

Date: __________ Date: ___________

This letter of authorization shall be executed in three copies, each of which shall be deemed an original. One copy shall be given to the Consigner, another copy to Consignee, and the third copy shall be kept in the Company for reference.

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Shareholder list of Pansoft Company Limited and Pansoft Pansoft (Jinan) Co., Ltd

	Name	Timeway Shares	Pansoft shares	Pansoft shares (%)	Timeway shares (%)
1	Xxxxxxxx Xxx	875,000	823,550	16.47%	17.50%
2	Xx Xxxx	875,000	823,550	16.47%	17.50%
3	YanDong Li	166,500	156,710	3.13%	3.33%
4	Bingzhang Ren	166,500	156,710	3.13%	3.33%
5	Liangshan Shi	166,500	156,710	3.13%	3.33%
6	Huawen Song	166,500	156,710	3.13%	3.33%
7	Xxxxxxx Xxxxx	166,500	156,710	3.13%	3.33%
8	XxxXxx Xxxx	169,375	159,416	3.19%	3.39%
9	Xxxxxxx Xxxxx	166,500	156,710	3.13%	3.33%
10	XxxXxx Xxxx	94,000	88,473	1.77%	1.88%
11	FengXin Gao	94,000	88,473	1.77%	1.88%
12	Xxxxx Xx	94,000	88,473	1.77%	1.88%
13	Shoulin Li	94,000	88,473	1.77%	1.88%
14	Shouqiang Li	94,000	88,473	1.77%	1.88%
15	Xxx Xxx	94,000	88,473	1.77%	1.88%
16	Shanyong Wei	94,000	88,473	1.77%	1.88%
17	Xxxxxxxx Xxxx	65,000	61,178	1.22%	1.30%
18	Lei Li	65,000	61,178	1.22%	1.30%
19	XxxXxx Xx	65,000	61,178	1.22%	1.30%
20	Xxxxxxxx Xxx	65,000	61,178	1.22%	1.30%
21	Xxxxx Xxx	65,000	61,178	1.22%	1.30%
22	Xinhua Sui	65,000	61,178	1.22%	1.30%
23	Xxx Xxx	33,000	31,060	0.62%	0.66%
24	Xxxxxxx Xxx	33,000	31,060	0.62%	0.66%
25	Mingsheng He	33,000	31,060	0.62%	0.66%
26	Kebing Li	33,000	31,060	0.62%	0.66%
27	Likai Li	33,000	31,060	0.62%	0.66%
28	Xxxxx Xx	33,000	31,060	0.62%	0.66%
29	Xxxx Xx	33,000	31,060	0.62%	0.66%
30	Xueshen Li	33,000	31,060	0.62%	0.66%
31	Xxxxxxx Xxx	33,000	31,060	0.62%	0.66%
32	Qiancheng Lu	33,000	31,060	0.62%	0.66%
33	Qingfu Shang	33,000	31,060	0.62%	0.66%
34	Xxxxxx Xxxx	33,000	31,060	0.62%	0.66%
35	Xxx Xxxx	33,000	31,060	0.62%	0.66%
36	Fatao Xiao	33,000	31,060	0.62%	0.66%
37	Xxxxxx Xx	33,000	31,060	0.62%	0.66%
38	Xxxx Xxxxx	33,000	31,060	0.62%	0.66%
39	Xxxxxxx Xxxxx	33,000	31,060	0.62%	0.66%
40	Xxxxxxx Xxxxx	33,000	31,060	0.62%	0.66%

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41	Xxxxxxx Xxxxx	33,000	31,060	0.62%	0.66%
42	Feisheng Zhao	33,000	31,060	0.62%	0.66%
43	Xxxxxxxxxx Xxxx	33,000	31,060	0.62%	0.66%
44	Xxx Xxxx	25,000	23,530	0.47%	0.50%
45	Xxxxxx Xxx	25,000	23,530	0.47%	0.50%
46	Xxxx Xxx	25,000	23,530	0.47%	0.50%
47	Xxxxxxxx Xx	25,000	23,530	0.47%	0.50%
48	Xxx Xxx	25,000	23,530	0.47%	0.50%
49	Xxxxxxx Xxx	25,000	23,530	0.47%	0.50%
50	Dongyang Luo	25,000	23,530	0.47%	0.50%
51	Xuqi Wang	25,000	23,530	0.47%	0.50%
52	Minghai Cao	10,000	9,412	0.19%	0.20%
53	Xxxxxxx Xxx	10,000	9,412	0.19%	0.20%
54	Shijun Kong	10,000	9,412	0.19%	0.20%
55	Xxxxx Xxx	10,000	9,412	0.19%	0.20%
56	Xxxxxxx Xxxx	10,000	9,412	0.19%	0.20%
57	Xxxx Xxxx	10,000	9,412	0.19%	0.20%
58	Xxxxx Xxxx	10,000	9,412	0.19%	0.20%
59	Xxx Xxxx	12,125	11,412	0.23%	0.24%
60	Xxxxxx Xxxx	10,000	9,412	0.19%	0.20%
61	Dehai Fu	10,000	9,412	0.19%	0.20%
62	Shouzhen Fan	5,000	4,706	0.09%	0.10%
63	Xxx Xx	5,000	4,706	0.09%	0.10%
64	Xxxx Xxxx	5,000	4,706	0.09%	0.10%
65	Bendi Xin	5,000	4,706	0.09%	0.10%
66	Xxxxx Xxxxx	5,000	4,706	0.09%	0.10%
67	Pengfei Qu	10,000	9,412	0.19%	0.20%
68	Yongjin Song	1,500	1,412	0.028%	0.03%
69	Xxxxxxx Xxx	2,000	1,871	0.038%	0.04%
	Baring		294,000	5.88%
	Total	5,000,000	5,000,000	100%	100%

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