China VantagePoint Acquisition Company
 
465 Brickell Avenue, #617
Miami, Florida 33131

 
February 17, 2011                                

Ray Shi Capital Group, LLC
 
Gentlemen:
 
This letter will confirm our agreement that commencing on the effective date
(the “Effective Date”) of the registration statement (the “Registration
Statement”) relating to the initial public offering of the securities of China
VantagePoint Acquisition Company (the “Company”) and continuing until the
consummation by the Company of a business combination or the distribution of the
trust account to the Company’s then public shareholders (as described in the
Registration Statement), Ray Shi Capital Group, LLC (the “Firm”) shall make
available to the Company certain general and administrative services, including
the use of office space, utilities and secretarial support, as may be required
by the Company from time to time, at 465 Brickell Avenue, #617, Miami, Florida
33131 (or any successor location).  In exchange therefore, the Company shall pay
the Firm at the rate of $7,500 per month.
 
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Very truly yours,
       
CHINA VANTAGEPOINT ACQUISITION
COMPANY
       
By:
/s/ Wei Li
   
     Name: Wei Li
   
    Title: Chief Executive Officer

 
Agreed to and Accepted by:
 
RAY SHI CAPITAL GROUP, LLC
 
By:
/s/ Yiting Liu
   
Name: Yiting Liu
   
Title:
 

 
 
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