0001448788-10-000158 Sample Contracts

July 20, 2010

Equity Transfer Agreement • August 12th, 2010 • China Direct Industries, Inc. • Primary smelting & refining of nonferrous metals

• Contract Type
  Equity Transfer Agreement
• Filed
  August 12th, 2010
• Company
  China Direct Industries, Inc.
• Industry
  Primary smelting & refining of nonferrous metals

This letter will serve as an amendment to the July 13, 2010 Equity Transfer Agreement (the “Agreement”) entered into among CDI China, Inc., (“CDI China”), Pine Capital Enterprises, Inc. (“Pine Capital”) and Taiyuan Yiwei Magnesium Industry Co., Ltd. (“Yiwei Magnesium”) to acquire an 80% interest they own in Taiyuan Ruiming YiWei Magnesium Industry Co., Ltd. (“Ruiming Magnesium”)