Equity Investment AgreementEquity Investment Agreement • December 20th, 2018 • XT Energy Group, Inc. • Motors & generators
Party A is Xianning Xiangtian Energy Holding Group Co. Ltd and has several subsidiaries. Party B and Party C incorporated Hubei Rongentang Wine Co., Ltd. (“Rongentang Wine”) in August 2011, which company is engaged in manufacturing and sale of wine. Party B and Party C incorporated Huibei Rongentang Herbal Wine Co. Ltd. (“Herbal Wine”) in February 2016, which company is engaged in manufacturing and sale of medicinal wine. In order to develop and expand Party A’s market share and meet the development requirement of Rongentang Wine and Herbal Wine, Party A, Party B and Party C agree to the following terms according to the principle of equality, mutual benefit and consensus.
Equity Investment Fund Escrow AgreementInvestment Fund Escrow Agreement • December 20th, 2018 • XT Energy Group, Inc. • Motors & generators
In view of the provisions of the Equity Investment Agreement signed by Parties A, B and C on December 14, 2018, Parties A, B and C hereto, through amicable negotiation, reached the following agreements on RMB 60 million out of RMB 67.50 million of equity investment funds under the supervision of Party D.
