ENGLISH TRANSLATION) INVESTMENT AGREEMENT
Exhibit 10.4
(ENGLISH TRANSLATION)
| Party A: Asia Regal Finance Capital Group, Co., Ltd. | |
| Executive Director: Yang, Lin | Signed: |
| Address: 00xx Xxxxx, Xxxx XX, 00 Xxxxxxx Xxxxxx, Xxxx Xxxx | |
| Party B: United Digital Home H.K. Group Company Limited | |
| Executive Director or Authorized Representative: Xxxx, Xxxxxxxx | Signed: |
| Address: Room 1613 16/F., Xxx Xxx Xxxxxxxx, 000 Xxxxxxxx Xxxx, Xxxxxxx, Xxxx Xxxx | |
In order to supplement the operational capital of Party B’s subsidiary company Shenzhen Skyrise Technology Co., Ltd. (“Skyrise”), Party B accepts venture capital investment from Party A, and the two parties agreed to the following terms:
| 1. |
Party A invests US $1,000,000 to Party B, in exchange for 12% of Party B’s equity; |
| 2. |
Party A’s first round of investment of RMB 3,000,000 was transferred to the account of Party B’s subsidiary company Skyrise on December 19, 2007, which Party B has already verified; |
| 3. |
Party A’s remaining investment amount was transferred to the account of Party B’s account in Hong Kong in April 2008, and Party B has confirmed Party A’s equity ownership of Party B in the same month; |
| 4. |
After remaining funds of the investment arrives at Party B, Party B shall remit the fund to Skyrise’s Chinese bank account, and complete all processes required for foreign capital merger and acquisition, and this fund shall not be used for any other purposes; |
| 5. |
The signing of this agreement nullifies the previously signed investment agreement; the previously signed investment agreement is no longer legally binding; |
| 6. |
This agreement has 2 copies, with each party holding 1 copy, enters into effect after executive directors or representatives from both Party A and Party B sign and stamp the agreement. |
| Party A: Asia Regal Finance Capital Group, Co., Ltd. | |
| Executive Director: | Yang, Lin |
| Signed and Stamped | |
| Party B: United Digital Home H.K. Group Company Limited | |
| Executive Director or Authorized Representative: | Xxxx, Xxxxxxxx |
| Signed and Stamped |
September 15, 2009
