ContractEquity Acquisition Agreement • March 26th, 2021 • China HGS Real Estate Inc. • Real estate
Equity Acquisition Agreement This Equity Acquisition Agreement (this “Agreement”) is entered into as of March 24, 2021 (the “Execution Date”), by and between China HGS Real Estate Inc., a limited liability company established under the laws of the State of Florida, (the “Company”) and Shaanxi Tianhao Construction Engineer Co., Ltd, (the “Purchaser”), a limited liability company established in China. WHEREAS: 1.The Purchaser is mainly engaged in the real estate construction business in China 2. The Company intends to issue certain common shares to the Purchaser to settle its accounts payable balance with the Purchaser. NOW, THEREFORE, all Parties have signed this Agreement through friendly negotiation and make agreements with respect to the following terms and conditions on the matters of the transaction. Article 1 Definitions The terms have the following meanings unless otherwise expressed in this Agreement: Transaction means The Company issue certain common stock to the Purchaser (or
