Assets Lease AgreementAssets Lease Agreement • September 7th, 2007 • Zhongpin Inc. • Meat packing plants
Through holding a shareholder’s meeting on the 10th of August, 2007, Party A agreed to lease its assets to Party B under this agreement. Party B held a Board of Directors meeting on the10th of August, 2007 and agreed to lease Party A’s assets. In order to use the production capacity of Party A’s equipment to maximize the economic benefits for both parties and create a win-win situation, Party A and Party B agreed to enter into this agreement and carry it out as follows according to “The Economic Contract Law of the People's Republic of China,” and other related laws and regulations :
