0001035704-03-000579 Sample Contracts

FURTHER SUPPLEMENTAL AGREEMENT FOR SALE OF THE ONE (1) ISSUED SHARE OF QIAO XING HOLDINGS LIMITED
Agreement • August 4th, 2003 • Qiao Xing Universal Telephone Inc • Telephone & telegraph apparatus • Hong Kong
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Sales and Purchase Agreement on shares of CEC Telecom Ltd This agreement is made on 23rd,May,2002
Sales and Purchase Agreement • August 4th, 2003 • Qiao Xing Universal Telephone Inc • Telephone & telegraph apparatus

Seller: China Electronics Corporation Address: No.27, Wanshou Road, Beijing Authorized representative: Wang Jin Cheng (chairman)

SUPPLEMENTAL AGREEMENT FOR SALE OF THE ONE (1) ISSUED SHARE OF QIAO XING HOLDINGS LIMITED
Agreement • August 4th, 2003 • Qiao Xing Universal Telephone Inc • Telephone & telegraph apparatus • Hong Kong
Sales And Purchase Agreement On Shares of CEC Telecom Limited This agreement is executed on 23 May, 2002.
Qiao Xing Universal Telephone Inc • August 4th, 2003 • Telephone & telegraph apparatus

Parties A and B, after negotiation on equal and voluntary basis, agree on the sale and purchase of Party A’s CECT shares and execute this agreement.

AGREEMENT FOR SALE OF THE ONE (1) ISSUED SHARE OF QIAO XING HOLDINGS LIMITED
Agreement • August 4th, 2003 • Qiao Xing Universal Telephone Inc • Telephone & telegraph apparatus • Hong Kong
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