OPTION AGREEMENT BY AND BETWEEN CHINA TRANSINFO TECHNOLOGY GROUP CO., LTD. AND SHUDONG XIAOption Agreement • September 14th, 2009 • China TransInfo Technology Corp. • Services-computer integrated systems design
The Grantor has entered into a share transfer agreement with Unisplendour Corporation Limited (“Unisplendour”), dated September 8, 2009 (the “Share Transfer Agreement”), pursuant to which the Grantor acquired 35.17% of the equity interest (“Equity Interest”) in Beijing UNISITS Technology Co. Ltd. (“UNISITS”) from Unisplendour for a cash price of RMB 44, 400,000. UNISITS is a company organized under the laws of the People’s Republic of China (the “PRC”), engaged in the business of providing traffic engineering E&M systems, intelligent transportation products, and intelligent transportation services (ITS) to the domestic expressway, railway, and urban transportation markets.
