STOCK SALE AND PURCHASE AGREEMENTStock Sale and Purchase Agreement • October 31st, 2011 • Sancon Resources Recovery, Inc. • Refuse systems
This STOCK SALE AND PURCHASE AGREEMENT (the “Agreement”) dated as of October 31, 2011 is entered into by and between Sancon Resource Recovery Inc., a US company which is registered in the State of Nevada (the “Seller” or the “Company”) and its 70% controlled subsidiary, Sancon Resources Recovery (Shanghai) Co. Ltd., a limited liability company organized under the laws of the Peoples’ Republic of China, and Crossover Solutions, Inc., a corporation organized under the laws of BVI (collectively “SanconSH”), and Mr. Jack Chen (the “Buyer”), a Chinese domestic resident and the Director and Chief Executive Officer of the Company.
