October 28, 2018 The Board of Directors YULONG ECO-MATERIALS LIMITED (YECO) Eastern End of Xiwuzhuang Village Jiaodian Town, Xinhua Area Pingdingshan, HenanProvince People’s Republic of China 467091 Members of the Board of Directors:Yulong Eco-Materials LTD • November 5th, 2018 • Concrete, gypsum & plaster products
We understand that YULONG ECO-MATERIALS LIMITED (“YECO”) proposes to enter into a Sale Agreement (the “Agreement”), among YECO and a former director pursuant to which, The terms and conditions of the Transaction are fully set forth in the Agreement.
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • November 5th, 2018 • Yulong Eco-Materials LTD • Concrete, gypsum & plaster products
This Purchase and Sale Agreement (the “Agreement”) is entered into by and between Yulong Eco-Materials Limited, a Cayman Islands Corporation (“YECO”) referred to as the (“YECO”), and Wellford International Enterprises Limited, a British Virgin Islands Corporation (“BUYER”) with reference to the following facts:
