Supplementary Agreement
Exhibit 10.18
Party A (Transferor): Sancaijia Co., Ltd
Unified Social Credit Code:
Address: Xxxx 000, Xxxxxx Xxxxxxxx, Xx.0, Xxxxxxxxx 0xx Xxxx, Economic and Technological Development Zone of Xi’an
Legal Representative: Ning Wen
Party B (Transferee): Sancai Group Co., Ltd
Unified Social Credit Code:
Address: Xxxx 00, 00 / X, Xxxxxxx Xxxxxxxx, Xx.0 Fengcheng 2nd Road, Economic and Technological Development Zone of Xi’an, Shaanxi Province
Legal Representative: Xxxxxxx Xxxx
Whereas: Party A and Party B signed Share Transfer Agreement (hereinafter referred to as “the original contract”) on December 10, 2020 and hereby make this Supplementary Agreement on Article 3 Transfer Price and Payment Method of the original contract as follows:
I. Transfer Price
Party A and Party B agree that according to the appraisal report, the share transfer price is RMB 22334228.9.
II. Payment Method
Party B shall pay Party A RMB 2183428.9 of the remaining share transfer amount within three months of the original contract coming into effect and the joint management account open.
III. Legal Effect
1. This supplementary agreement is an integral part of the original contract and has the same legal effect as the original contract. If there is any inconsistency between this agreement and the original contract, the content of this agreement shall prevail. Other terms that is not addressed in this agreement, the content of the original contract shall continue to be valid.
2. This agreement shall come into force on the date of signature and seal by both parties. The agreement is made in duplicate, one for each party, with the same legal effect.
(No text below)
Party A: /seal/ Sancaijia Co., Ltd
Legal Representative (or Authorized Pepresentative): /s/ Ning Wen
Signed Date: December 28, 2020
Party B: /seal/ Sancai Group Co., Ltd
Legal Representative (or Authorized Representative): /s/ Xxxxxxx Xxxx
Signing Date: December 28, 2020
