Equity Exchange Contract Target Company: Beijing Beichen Auto Rental Company Prepared by Beijing Equity Exchange March 2011Equity Exchange Contract • February 27th, 2012 • China Auto Rental Inc. • Services-auto rental & leasing (no drivers)
Contract Type FiledFebruary 27th, 2012 Company IndustryIn accordance with the PRC Contract Law and the Tentative Measures on Administration of Enterprise State-owned Equities Transfer and other relevant laws, regulations and rules, based on the principle of free will, fairness and good faith and through friendly consultation, Party A and Party B have reached the following agreement and entered into this Equity Exchange Contract (“this Contract”) in relation to Party A transferring all the equities owned in Beijing Beichen Auto Rental Company to Party B.