Memorandum of Understanding
Exhibit 10.1
Party A: XIAMEN HEYU HOTEL MANAGEMENT CO., LTD
Party B: GOLDEN EAGLE HOTEL CO., LTD
With the purpose of resource sharing and mutual development, Party A and Party B agree as follows through friendly negotiation on the principle of equality and mutual benefit:
| 1. | Party B agrees to list the project assets located at Xx.0, Xxxxxxx Xxxxxx, Xxxxxxx Xxxx, Xxxxxx Xxxx as Party A’s target asset for listing in a packaged portfolio. |
| 2. | The memorandum of understanding herein shall be applies for business cooperation between the two parties but not be considered as an evidence for any specific project. |
| 3. | Both parties and their departments have the obligation to keep the commercial confidentiality herewith. |
| 4. | Both parties agree to resolve the matters not covered herein through further negotiation. |
| 5. | This memorandum of understanding is in duplicate with both parties holding one copy respectively. |
| 6. | This memorandum of understanding shall come into force upon the date of signing by both parties. |
PARTY A: STAMP OF Xiamen Heyu Hotel Management Co., Ltd. with signature
PARTY B: STAMP OF GOLDEN EAGLE HOTEL CO., LTD with signature
| 19th April, 2014 | Signed at: Fuqing |
