EXHIBIT
10.7


 


[English Translation]


 


SUPPLEMENT TO SHARE TRANSFER
AGREEMENT


 


	
  Transferor:

  	
   

  	
  Yi Li

  	
   

  	
  (“Party A”)

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ID No.:

  	
   

  	
  440301196906023818

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Address:

  	
   

  	
  24-504, Duqian Village, Futian District, Shenzhen,
  Guangdong

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Transferor:

  	
   

  	
  Yiying Zhang

  	
   

  	
  (“Party B”)

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ID No.:

  	
   

  	
  44030119400131382X

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Address:

  	
   

  	
  24-504, Duqian Village, Futian District, Shenzhen,
  Guangdong

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Transferor:

  	
   

  	
  Ying Li

  	
   

  	
  (“Party C”)

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ID No.:

  	
   

  	
  440301197110233849

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Address:

  	
   

  	
  24-504, Duqian Village, Futian District, Shenzhen,
  Guangdong

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Transferor:

  	
   

  	
  Shenzhen Chuangyixing Investment Company

  	
   

  	
  (“Party D”)

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Address:

  	
   

  	
  RM 528 Xianke Mechanism & Electronic
  Mansion, Bagua 4th Rood, Futian District, Shenzhen

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Legal Representative: Qiang Li

  	
   

  	
  Title: Chairman

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Transferee:

  	
   

  	
  Grand Sun International Investment Limited

  	
   

  	
  (“Party E”)

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Address:

  	
   

  	
  Room B, 20/F, Wanchai Commercial Centre,
  194-204 Johnston Road, Wan Chai, Hong Kong

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Legal Representative: Yi Li

  	
   

  	
  Title: Chairman

  
	
   

  	
   

  	
   

  
	
  Attorney-in-fact: Yingru Guo

  	
   

  	
  Title: Secretary

  
							



 

















 


Content of the Agreement:


 


A.                                                                                   Party A, Party B, Party C, Party D and
Party E entered into the Share Transfer Agreement (“Share Transfer Agreement”)
with respect to the transfer of 100% equity interest of Shenzhen Trony Science
and Technology Development Co., Ltd. dated as of September 6, 2006 and
have gone through the notarization procedures (Notary Certificate No.: (2006)
Shen Zheng Zi No. 107561). In connection with the equity transfer price,
Party A, Party B, Party C, Party D and Party E hereby agree to discharge
Article 1 of the Share Transfer Agreement and amend it as follows:


 


Article 1                                                  Equity Transfer Price and Payment
Schedule and Method


 


1.                                      Party A has 55% equity interest in the
Company, and has actually contributed Eleven Million Renminbi Yuan
(RMB11,000,000). Party A hereby transfers its 55% equity interest in the
Company to Party E for Eleven Million Renminbi Yuan (RMB11,000,000).


 


2.                                      Party B has 15% equity interest in the
Company, and has actually contributed Three Million Renminbi Yuan
(RMB3,000,000). Party B hereby transfers its 15% equity interest in the Company
to Party E for Three Million Renminbi Yuan (RMB3,000,000).


 


3.                                      Party C has 5% equity interest in the
Company, and has actually contributed One Million Renminbi Yuan (RMB1,000,000).
Party C hereby transfers its 5% equity interest in the Company to Party E for
One Million Renminbi Yuan (RMB1,000,000).


 


4.                                      Party D has 25% equity interest in the
Company, and has actually contributed Five Million Renminbi Yuan
(RMB5,000,000). Party D hereby transfers its 25% equity interest in the Company
to Party E for Five Million Renminbi Yuan (RMB5,000,000).


 


5.                                      Party E shall, within ninety (90) days
from the effective date of this Agreement, pay the equity transfer price in the
currency and amount set forth above to Party A, Party B, Party C and Party D
through bank transfer at one time.


 


B.                                                                                    This
Agreement is a supplement to the Share Transfer Agreement, and shall have equal
validity with the Share Transfer Agreement. This Agreement shall become effective on the date on
which it has been signed, sealed by the parties and notarized as well as
approved by the examination and approval authority. The parties shall go
through the amendment 


 


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registration procedures with the relevant
administration of industry and commerce upon effectiveness of this Agreement.


 


C.                                                                                    This Agreement shall be executed in ten
(10) copies with each of Party A, Party B, Party C, Party D, Party E, the
Company and Shenzhen Notary Public Office holding one (1) copy, the
remaining copies shall be submitted to the relevant authorities.


 


 


	
  Transferor:

  	
  Yiying Zhang November 3, 2006

  	
   

  	
  Transferee:

  	
  Yingru Guo

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Yi Li November 3, 2006 

  	
   

  	
  Seal of Grand Sun International Investment Limited

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Ying Li November 3, 2006 

  	
   

  	
  November 3, 2006

  
	
   

  	
   

  	
   

  
	
   

  	
  Qiang Li, November 3, 2006

  	
   

  
	
   

  	
   

  	
   

  
	
  Seal of Shenzhen Chuangyixing Investment Company

  	
   

  	
  Verification Seal of Seal of Shenzhen Notary Public
  Office (19)

  



 


3

















 


NOTARY CERTIFICATE


 


(2006) Shen Zheng
Zi No. 131297


 


	
  Applicant:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Transferor (“Party A”):

  	
   

  	
  Yi Li

  	
  ID No.: 440301196906023818

  
	
   

  	
   

  	
   

  	
   

  
	
  Transferor (“Party B”):

  	
   

  	
  Yiying Zhang

  	
  ID No.: 44030119400131382X

  
	
   

  	
   

  	
   

  	
   

  
	
  Transferor (“Party C”):

  	
   

  	
  Ying Li

  	
  ID No.: 440301197110233849

  
	
   

  	
   

  	
   

  	
   

  
	
  Transferor (“Party D”):

  	
   

  	
  Shenzhen Chuangyixing Investment Company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Representative:

  	
  Qiang Li

  
	
   

  	
   

  	
   

  	
   

  
	
  Transferee (“Party E”):

  	
   

  	
  Grand Sun International Investment Limited

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attorney-in-fact:

  	
  Yingru Guo

  



 


Notarization Matter: Supplement to Share Transfer
Agreement


 


Party A, Party B, Party C, Party D and Party E applied
to Shenzhen Notary Public Office for notarization of the Supplement to Share Transfer
Agreement set forth above (the “Agreement”) on November 3, 2006.


 


Upon examination, Party A, Party B, Party C, Party D
and Party E agreed to enter into the Agreement through consultation. Each party
has the capacity for civil rights and civil conduct as required by law at the
time of executing the Agreement; and the Agreement reflects the parties’ true
expression of intention.


 


Based on the facts set forth above, this is to certify
that the transferors, namely, Yi Li, Yiying Zhang, Ying Li, Qiang Li
(representative of Shenzhen Chuangyixing Investment Company), and the
transferee, Yingru Guo (Attorney-in-fact of Grand Sun International Investment
Limited), signed the Agreement in our office on November 3, 2006, the
execution of the parties and provisions of the Agreement are in compliance with
the relevant provisions of the General
Principles of the Civil Law of the People’s Republic of China, and
the signatures and seals of the parties on the Agreement are authentic.


 


 


Shenzhen Notary Public
Office, Guangdong, the People’s Republic of China


 


Notary Public: Xueping
Guo


 


(Seal of Shenzhen Notary
Public Office)


 


November 7, 2006


 


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