**Exhibit      10.2**

**(English      Translation)**

|   | **The                  Transferor:** | **Huang                  Zheng** |
|--------|--------------------------------------|----------------------------------|

|   | **The                  Transferee:**  | **CHINA                  SAFETECH HOLDINGS                  LIMITED** |
|--------|--------------------------------------------|-----------------------------------------------------------------------|

|   | **Party                C:** | **CHINA                SECURITY & SURVEILLANCE TECHNOLOGY,                INC.** |
|--------|-----------------------------|--------------------------------------------------------------------------------------|

|                                                                                                                                                      |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------|
|  **Equity                Transfer Agreement****of****All                Issued Shares****of****Chain                Star Investments Limited**  |

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**Agreement**

| **(1)** | **Huang                    Zheng**                    whose address is Unit 31, 5/F, Sing Win Factory Building, Nos.15-17                    Shing                    Yip Street, Kowloon, Hong Kong  (the “**Transferor**”); |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **(2)** | **CHINA                SAFETECH HOLDINGS LIMITED**,                a                company incorporated in British Virgin Islands, whose address                is                F13, Press Plaza, Shennan Avenue Special Zone, Futian District, Shenzhen                (the                “**Transferee**”); |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **(3)** | **CHINA                      SECURITY & SURVEILLANCE TECHNOLOGY, INC.**,                      a                      company incorporated in Delaware, United States, whose address                      is F13,                      Press Plaza, Shennan Avenue Special Zone, Futian District,                      Shenzhen                      (“**Party                      C**”); |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The                        Transferor, the Transferee and Party C above shall be individually                        referred to as a “**Party**”                        and collectively referred to as the “**Parties**”. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **WHEREAS** | **CHAIN                STAR INVESTMENTS LIMITED**,                a                limited liability company legally organized and validly existing                under the                Company Ordinance of Hong Kong, whose information is listed as Exhibit                I                (“**Chain                Star**”),                and all of its issued shares are beneficially held by the                Transferor. |
|-------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **WHEREAS** | Chain                Star invests and establishes Shenzhen Hongtianzhi Electronics Co.,                Ltd., a                wholly foreign owned company legally organized and validly existing                under                the laws of People’s Republic of China, whose information is listed as                Exhibit III (“**Hongtianzhi**”),                and all of its issued and outstanding shares are beneficially held                by                Chain Star. |
|-------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **WHEREAS** | The                Transferee desires to purchase from the Transferor and the Transferor                desires to transfer to the Transferee 100% issued shares of Chain                Star.                Upon completion of the transfer under this Agreement, the Transferee                shall                indirectly and fully acquire 100% equity and control power of                Hongtianzhi. |
|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **WHEREAS** | The                Transferor and the Transferee have entered into Letter of Intent                of equity                transfer (“**Letter                of Intent**”)                on October 2, 2006. |
|-------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**NOW,      THEREFORE**

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**Article      1**
**Definitions**

| 1.1 | Unless                otherwise defined in this Agreement, the following terms shall have                the                meanings indicated as follow: |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|--------|---------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | “**Company                Ordinance**”                              | means                Chapter 32 Company Ordinance of the laws of Hong Kong;                                                                                                                                                                                                                                          |
|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|   | “**Shares                for Transfer**”                            | means                1 common share of Chain Star owned by the Transferor to be transferred                from the Transferor to the Transferee under this Agreement, constituting                100% issued shares of Chain Star (for details please refer to Exhibit                II -                Part A); |
|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|   | “**Equity                Transfer**” “**Balance**” | means                100% issued shares of Chain Star to be transferred from the Transferor                to                the Transferee under Article 2.1 hereof; Refers                to Article 3.2.1(2);                                                                                                |
|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|   | “**Total                Transfer Price**”                           | means                total price paid to the Transferor by the Transferee under Article                3.1                hereof;                                                                                                                                                                                    |
|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|   | “**Closing                Date**”                                   | April                2, 2007;                                                                                                                                                                                                                                                                                        |
|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|   | “**Accounts                of Chain Star**”                    | means                management and financial statements of Chain Star as of December                31, 2006,                the copies of which are attached as Exhibit A hereof;                                                                                                                                  |
|   | “**Hongtianzhi                Accounts**”                           | means                financial statements of Hongtianzhi as of December 31, 2006 verified                by                PRC auditors, the copies of which are attached as Exhibit B                hereof;                                                                                                        |
|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|   | “**Business                Day and Working Hours**”                 | means                the days when banks in Hong Kong normally provide general bank services                (excluding Saturday, Sunday and other Hong Kong public holidays)                and                general working hours;                                                                                |
|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|   | “**PRC**”                                                           | means                People’s Republic of China;                                                                                                                                                                                                                                                               |
|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|   | “**Hong                Kong**”                                      | means                Hong Kong Special Administrative Region of PRC;                                                                                                                                                                                                                                                 |
|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|   | “**HKD**”                                                           | means                legal currency of Hong Kong;                                                                                                                                                                                                                                                                    |
|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|   | “**USD**”                                                           | means                legal currency of United States;                                                                                                                                                                                                                                                                |
|   |                                                                            |                                                                                                                                                                                                                                                                                                                 |
|   | “**RMB**”                                                           | means                legal currency of PRC.                                                                                                                                                                                                                                                                          |

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| 1.2 | In                this Agreement: |
|-----|-----------------------------------|

| (i)   | Any                rule or law involved herein shall include any and all amendments,                supplements or reenactments hereof from time to                time; |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | Words                and terms contained in Companies Ordinance shall be interpreted according                to definitions stipulated in Companies Ordinance except as otherwise                defined or stated in this Agreement, however, any amendment or change                to                Companies Ordinance shall be excluded which is not enforced before                or on                the date to execute this Agreement. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (iii)   | Single                word also include plural meaning; word referred to any gender also                include                the other gender and neuter, word referred to person also include                groups                (legal person or non-legal person) and (under every circumstance),                vice                versa; |
|-------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (iv)   | Here                above mentioned the parties, descriptions, exhibits, appendices and                terms                and conditions shall be respectively referred to the parties,                descriptions, exhibits, appendices and terms and conditions hereof;                and |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (v)   | The                headings and table of contents in this Agreement are provided for                reference only and will not affect its construction or                interpretation. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Article      2**
**Equity Transfer**

| 2.1 | As                per stipulations in this Agreement, the Transferor, as the actual                interest                holder of all outstanding shares of Chain Star (for more details                please                refer to Part A, Exhibit II), shall transfer such shares to be transferred                to the Transferee (for more details please refer to Part B, Exhibit                II).                After such transfer, the Transferee will own 100% outstanding shares                of                Chain Star. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.2 | Upon                the completion of transaction hereunder, Shares for Transfer shall                not be                attached with any mortgage, lien or property encumbrances of any                form, and                Shares for Transfer shall be transferred with all rights attached                and                accumulated thereto, including all dividends, profits, the investment                in                Hongtianzhi by Chain Star and relevant benefits accumulated and                distributed from the completion                date. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Article      3**
**Transfer Price**

| 3.1 | Transfer                Price |
|-----|-------------------------------|

|    | The                  Transferor and the Transferee agree, the Transferor shall transfer                  to the                  Transferee Shares for Transfer. In return, the Transferee shall                  pay to the                  Transferor Total Transfer Price of RMB250,000,000,                  including RMB125,000,000 in cash and shares of Party C listed on                  US OTCBB                  with the value of                  RMB125,000,000. |
|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.2 | Payment |
|-----|---------|

|  | 3.2.1 | The                Transferee shall pay Total Transfer Price to the Transferor as                follows: |
|--|-------|-----------------------------------------------------------------------------------------------------------|

|  | (1) | The                  Transferee has paid to the Transferor RMB12,500,000                  on October 16, 2006. |
|--|-----|----------------------------------------------------------------------------------------------------------------|

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|  | (2) | The                    Transferee shall pay the remaining price of RMB112,500,000 (“**Balance**”)                    at one time on the execution date of this                    Agreement. |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |   |
|--------|--------|--------|
|   | (3)    | The                  Transferee (through the parent company, Party C) shall issue restricted                  shares equal to RMB125,000,000                  to the Transferor or his designees within                  ninety days from the execution date of this Agreement, and the                  share value                  shall be calculated on the average closing price (USD5.77/share)                  of twenty                  trading days prior to the execution date of the Letter of Intent,                  which                  means that the Transferee shall issue totally 2,800,711 shares                  to the                  Transferor. The Transferor shall pledge corresponding shares to                  the                  Transferee under Article 5.2 hereof. |
|--------|-----------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |   |
|--------|--------|--------|
|   | (4)  | In addition, if net profits of                  Chain Star and                  Hongtianzhi in 2006 audited by US auditors are lower than RMB 15,000,000                  or although such net profits reach RMB 15,000,000, net profits                  plus                  received tax refund are lower than RMB 20,000,000, then the Transferor                  shall refund the price to the Transferee at corresponding proportion.                  Such                  proportion shall be calculated as follows: for example, if net                  profits                  actually achieved by Chain Star and Hongtianzhi in 2006 plus received                  tax                  refund are RMB 19,000,000, then the price to be refunded shall                  be: ø2,000-1,900÷÷2,000×250,000,000                  = RMB12,500,000, among which, 6,250,000 shall be cash and 6,250,000                  shall                  be equivalent shares.  |
|--------|-----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 3.2.2 | The                    Transferee shall send the Balance to the following bank accounts                    designated by the Transferor: |
|--|-------|------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |   |
|--------|--------|--------|
|   |   | USD                    AccountAccount                    Name: HUANG ZHENGAccount                    No.: 650-000813-888Bank:                    HSBCAddress                    of the bank: LG01-3, Lower Ground Floor, The Wood, 8 Belcher’s Street,                    Hong KongSWIFT:                    HSBCHKHHHKH  |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 3.3 | Exchange                Rate |
|-----|------------------------------|

**Article      4**
**Closing**

| 4.1 | The                equity transfer shall be completed on the Closing Date at the place                stipulated by both parties in accordance with Exhibit                V. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2 | Terms                and conditions to be performed hereof shall remain in force after                the                Closing Date. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------|

| 4.3 | From                the Closing Date, Debts and Credits and all risks of Chain Star and                Hongtianzhi shall be promptly borne by the Transferee (except otherwise                undertaken by the Transferor in Exhibit                IV). |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.4 | From                the Closing Date, the Transferee shall have the right to consolidate                profits of Chain Star and Hongtianzhi to accounts of the Transferee                group.                At the meantime, the Transferee shall have the right to send manager                or                financial person, or authorize, appoint exsiting personnel of Chain                Star                and Hongtianzhi to take charge of management and operation of Chain                Star                and Hongtianzhi as well as all files, materials, financial documents                and                so on. The Transferor shall not enjoy any right and/or interest as                shareholder of Chain Star and Hongtianzhi from the Closing Date because                of                such equity transfer, provided that all relevant obligations shall                be                borne by the Transferor under law and this                Agreement. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Article      5**
**Warrants, Representations**
** and      Undertakes of the Transferor**

| 5.1 | In                addition to the information disclosed in this Agreement, the Transferor                shall warrant, represent and undertake to the Transferee under terms                and                conditions stipulated in Exhibit IV, which also constitute the base                for                the Transferee to accept such shares for                transfer. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2 | Under                    the circumstances of fully authorized operation and guaranteed                    sufficient operation funds, the Transferor undertakes to the                    Transferee                    that Chain Star and Hongtianzhi’s profits after tax in 2007 which are                    audited by US Auditors shall reach three levels: RMB25,000,000,                    RMB28,000,000, RMB30,000,000. If profits after tax reach RMB25,000,000,                    the Transferee shall release shares pledge of the Transferor                    equivalent to                    RMB7,000,000; if Chain Star and Hongtianzhi reach profits after                    tax of                    RMB28,000,000, the Transferee shall release shares pledge of                    the                    Transferor equivalent to RMB12,000,000; and if Chain Star and                    Hongtianzhi                    reach profits after tax of RMB30,000,000, the Transferee shall                    release                    shares pledge of the Transferor equivalent to RMB15,000,000.                    The                    Transferor undertakes to the Transferee the profits after tax                    in 2008                    which are audited by US Auditors shall reach three targeting                    levels:                    RMB35,000,000, RMB38,000,000, RMB40,000,000. If profits after                    tax reach                    RMB35,000,000, the Transferee shall release shares pledge of                    the                    Transferor equivalent to RMB7,000,000; if Chain Star and Hongtianzhi                    reach                    profits after tax of RMB38,000,000, the Transferee shall release                    shares                    pledge of the Transferor equivalent to RMB12,000,000; and if                    Chain Star                    and Hongtianzhi reach profits after tax of RMB40,000,000, the                    Transferee                    shall release shares pledge of the Transferor equivalent to                    RMB15,000,000; |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**Article      6**
**Warrants, Representations and**
**Undertakes of the Transferee and Party      C**

| 6.1 | The                Transferee shall                keep the organization structure of Chain Star and Hongtianzhi after                equity                transfer, expand its brand influence and fully support business                development of Chain Star and Hongtianzhi. The Transferee shall also                provide financial support as required by                business. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2 | The                Transferee covenants                that existing employees of Chain Star and Hongtianzhi will remain                employed                given that they are willing to stay and will not impede the development                of                companies after the Equity Transfer; arrangement of senior management                personals and relevant events about operation rights and interests                enjoyed                by senior management personals and technicians shall be governed                by                separate agreements between the Transferee and relevant persons to                be                entered after the Equity Transfer. In addition, the Transferee covenants                that benefits of such persons shall not be lower than their existing                benefits. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3 | The                Transferee shall provide appropriate operation funds to Chain Star                and                Hongtianzhi on                time in order to support the Transferor to realize profits after                tax for                2007 and 2008, dates and amounts of providing such funds shall be                otherwise stipulated. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.4 | Party                    C shall file                    relevant reports to the U.S. Securities and Exchange Committee                    (“SEC”)                    according to law and issue shares to the Transferor under Article                    3.2.1(3)                    hereof within legal term after execution of this                    Agreement. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Article      7**
**Governing Law**

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**Article      8**
**Settlement of Disputes and **
**Agent      of Receiving Legal Procedure Documents**

| 8.1 | Any                dispute, arising out of or relating to this Agreement, shall be settled                by                friendly negotiation and discussion. If no agreement is reached through                friendly negotiation and discussion, such dispute shall be final                arbitrated by Hong Kong International Arbitration Center(HKIAC) in                accordance with HKIAC Arbitration Rules then in effect. Unless otherwise                provided arbitration rules of HKIAC then in effect, the arbitration                shall                be the sole and exclusive method and procedure of any dispute arising                out                of or relating to this Agreement. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.2 | The                Parties to this Agreement agree that unless not permitted by the                applicable laws and rules, the arbitration terms hereto shall be                interpreted as and constitute the currently effective arbitration                agreement in writing with legal effect, and shall be granted with                such                effect. The Parties to this Agreement hereby expressly waive any                right of                possibly requested local administrative, judicial or alternative                dispute                settlement methods, as the conditions of any settlement procedure                which                arising our of this Agreement. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.3 | The                Parties to this Agreement expressly represent that the award made                according to Article 8 hereof shall be final award binding upon the                Parties. In addition, the Parties to this Agreement hereby waive                the right                to appeal the award made according to Article 8 hereof. The Article                8                shall constitute the most comprehensive exclusive agreement to the                extent                permitted by the applicable laws. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.4 | (1)  | The                Transferee irrevocably entrusts CHARACTERS CORPORATE SERVICES LIMITED,                whose address is Suite 2204, Tung Chiu Commercial Centre, 193 Lockhart                Road, Wanchai, Hong Kong (“**Agent**”),                to receive legal procedure documents and to be on behalf of the Transferee                to receive arising out of or relevant to the Agreement or the legal                procedures in Hong Kong (including, but not limited to, claims for                reimbursement, summons, arbitration application and arbitration award)                (“legal procedure documents”). |
|-----|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | Transferee                undertakes to consecutively entrust the agent as the agent of receiving                legal procedure documents, in order to on behalf of the Transferee                receive                legal procedure documents in Hong Kong and immediately the Transferor                in                writing if the agent or its address is                modified. |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | The                Transferee agrees and confirms that legal procedure documents which                have                been sent to its agent shall be deemed as having been sent to any                Transferee. |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Article      9**
**Liabilities for Breach of      Contract**

| 9.1 | If                any statement or warrants made by any Party in this Agreement is                untrue or                false, it shall be deemed as breach of contract by the                Party. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.2 | Any                Party to this Agreement changes minds on purpose and cause the failure                of                the equity transfer, it shall be deemed as breach of contract by                the                Party. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 9.3 | The                breaching party shall, in addition to performance of other obligations                under this Agreement, compensate the observant party all losses,                damages,                expenses suffered by the observant party due to breach of contract                caused                by breaching party. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.4 | If                the Transferor changes minds on purpose and cause that the shares                can not                be transferred to the Transferee or the shares is forfeited after                transfer, the Transferee shall have the right to terminate the Agreement,                and The Transferor shall return the equity transfer price or the                shares                and assume liabilities under Article 9.3 of this                Agreement. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Article      10**
**Force Majeure and Change of      Circumstances**

| 10.1 | If                any Party to this Agreement can not perform any part or all of the                terms                hereto directly or indirectly because of events such as fire, flood,                earthquake or other unforeseeable, unavoidable and/or uncontrollable                events, the party shall be exempted from liabilities to the extent                as                affected by force majeure. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.2 | If                any Party or Parties lose(s) its/their interests under this Agreement                because of legislation, or administration order or specific administration                act of government, any Party shall have the right to terminate this                Agreement and to restore to the conditions before the execution of                this                Agreement. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.3 | Any                party affected by force majeure shall deliver the other Party the                written                notice regarding the occurrence of force majeure within 12 days after                the                occurrence of the force majeure                event. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.4 | After                the occurrence of force majeure event, the Parties to this Agreement                shall                immediately consultant and decide whether to delay the performance                of this                Agreement to a day in the future or to terminate this                Agreement. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.5 | If                any party delay or unable to perform all or part of the terms of                this                Agreement for more than 30 days as a result of force majeure, the                other                Party shall have the right to rescind this Agreement, and the Parties                shall take all necessary actions to restore the rights and obligations                of                all parties to their respective original                positions. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Article      11**
**Miscellaneous**

| 11.1 | This                Agreement and its involved relevant documents constitute the full                understanding of the Parties regarding the equity transfer, and replace                any previous intention, expression and understanding of the                Parties. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 11.2 | If                any term of this Agreement is regarded as illegal, invalid or enforceable                at any time, the validity, effectiveness and enforceability of other                terms                of this Agreement shall not affected or impaired in any way and shall                remain the full validity. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.3 | This                Agreement shall bind the Parties and their respective successors                and                assignees. The interests of this Agreement shall be assigned to the                Parties hereto and their respective successors and assignees. Without                the                permission of the Parties in writing, any Party shall not amend,                modify or                revise this Agreement. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.4 | This                Agreement shall be effective upon                signatures. |
|------|----------------------------------------------------------------------------------|

| 11.5 | Without                the permission of the Parties in writing (the relevant permission                shall                not be withheld without reasonable reasons), the Parties hereto shall                not                transfer any right or obligation under this                Agreement. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.6 | The                Parties agree to bear all the cost and expense in respect of the                negotiation, preparation, execution and performance of the Agreement                and                the taxes arising from the transfer of Shares for Transfer. The stamp                tax                and all other tax and expenses arising out of the transfer of Shares                for                Transfer (including, but not limited to, arising out of China or                any other                areas), shall be borne and paid by the                Transferor. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.7 | Unless                provided and required by laws, regulations, order or judgments by                the                authorities or courts (including, but not limited to, applicable                regulation of security exchanges), without the previous permission                of the                other Party in writing (the relevant permission shall not be withheld                without reasonable reasons), any Party shall not make or distribute                any                related press statement or                announcement. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.8 | Without                the prior permission of the other Party in writing, any Party shall                not                disclose the Agreement or any content or material in connection with                any                transaction of this Agreement, excluding the following                disclosure: |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (1) | the                disclosure is made according to the provisions of applicable laws,                regulations and rules (including, but not limited to, regulations                of                security exchanges) or requirements of relevant government authorities                or                supervision authorities, or court                orders; |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | the                disclosure is made to Chain Star, Hongtianzhi, or its higher competent                authorities or approval and examination authorities, or to contacted                bank                or professional consultant of the disclosing                Party; |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | the                disclosure is made by the Transferor to the company of its company                group                or senior management thereof. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.9 | If                any term of this Agreement is or becomes illegal, invalid or unenforceable                at any time in respect, other terms of this Agreement shall not be                affected or impaired. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 11.10 | Any                notice required to be sent under this Agreement shall be sent in                writing.                The notice shall be delivered to the following address or fax number                or                other address or fax number that the recipient designates according                to                this Agreement: |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (1) | The                Transferor: HUANG                Zheng |
|--|-----|----------------------------------------------------------------|
|   |   | Address: Unit                31, 5/F, Sing Win Factory Building, Nos.15-17 Shing Yip Street, Kowloon,                Hong Kong |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------|
|   |   | Telephone:(86)              13392166188 |
|--------|--------|-----------------------------------------|
|   |   | Fax: (86-755)              83476833  |
|--------|--------|------------------------------------------------|

|  | (2) | The                Transferee: CHINA                SAFETECH HOLDINGS LIMITED |
|--|-----|-------------------------------------------------------------------------------|
|   |   | Address: Floor              13, Press Plaza, Shennan Avenue Special Zone, Futian District,              Shenzhen |
|--------|--------|------------------------------------------------------------------------------------------------------------------|
|   |   | Telephone: (86-755)              83510888  |
|--------|--------|-------------------------------------------------|
|   |   | Fax: (86-755)              83510815  |
|--------|--------|------------------------------------------------|
|   |   |  |
|--------|--------|--|

|  | (3) | Party                  C:     CHINA                  SECURITY & SURVEILLANCE TECHNOLOGY,                  INC. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------|
|   |   | Address: Floor                13, Press Plaza, Shennan Avenue Special Zone, Futian District,                Shenzhen  |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------|
|   |   | Telephone: (86-755)                83510888  |
|--------|--------|---------------------------------------------------|
|   |   | Fax: (86-755)                  83510815  |
|--------|--------|----------------------------------------------------|

| 11.11 | Any                notice can be sent by mail with postage pre-paid, personal delivery,                courier with good reputation or by facsimile, and shall be deemed                as                delivered at the following time: |
|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (1) | two                days (seven days if sending by airmail with postage prepaid) after                post                (the date of postmark is the posting date) for those sent by mail                with                postage prepaid; |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | the                next business day for those sent by                fax; |
|--|-----|----------------------------------------------------------------------------|

|  | (3) | the                receiving time for those sent by courier or personal                delivery. |
|--|-----|--------------------------------------------------------------------------------------------------|

|  |   | Any                notice to the Transferee, when properly delivered to any Transferee,                shall                be regards as delivered to the other                Transferee. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.12 | This                Agreement shall be written in Chinese in three copies with each Party                holding one copy. |
|-------|----------------------------------------------------------------------------------------------------------------------------|

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**IN      WITNESS WHEREOF**

| The Transferor                          |   |   |   |
|----------------------------------------------|--------|--------|--------|
| **Huang                Zheng**               |   |   |   |
| Signature:              /s/ Huang Zheng |   |   |   |
| Place                of Signature: Shenzhen  |   |   |        |

| The              Transferee                                                                                             |   |   |   |
|------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| **TU                Guoshen**                for and on behalf of**CHINA                SAFETECH HOLDINGS****LIMITED**  |   |   |   |
| Signature:              /s/ Tu              Guoshen                                                                          |   |   |   |
| Place                of Signature: Shenzhen                                                                                  |   |   |        |

| Party                CTo                execute, stamp and deliver**TU                Guoshen**                for and on behalf of**CHINA                SECURITY & SURVEILLANCE TECHNOLOGY, **INC.** ** |   |   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| /s/ Tu              Guoshen                                                                                                                                                                                   |   |   |   |
| (Corporate              Seal)Place of Signature: Shenzhen                                                                                                                                                          |   |   |        |

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**Exhibit      I**

**Information      of Chain Star**

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**Exhibit      II**

**Part      A**

**Information      of Share for Transfer**

| Company                     |   | Registered                  Shareholder |   | Quantity                  of Common Shares |   | Face                  Value Per Share |   | Issued                  Shares |
|-----------------------------|--------|-----------------------------------------|--------|--------------------------------------------|--------|---------------------------------------|--------|--------------------------------|
| Chain                  Star |   | Huang Zheng                        |   | 1                                          |   | HKD                  1 yuan           |   | 100%                           |

**Part      **

**B**

**Information      of Share for Transfer**

| The                Transferee                      |   | Amount                of Share to Be Transferred |
|----------------------------------------------------|--------|--------------------------------------------------|
| **CHINA                SAFETECH HOLDINGS LIMITED** |   | 1                                                |

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**Exhibit      III**

**Information      of Hongtianzhi**

| Name                                                                                                                                                                                                                                                          |   | :                Shenzhen Hongtianzhi Electronics Co., Ltd.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
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| Legal                Address                                                                                                                                                                                                                                  |   | :                3F, No. 201 Jinzhong Industry Park, East Industry Region of Huaqiao                City,                Nanshan District, Shenzhen, PRC                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
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| Enterprise                Type                                                                                                                                                                                                                                |   | :                Wholly Foreign Owned Enterprise                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
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| Date                of Establishment                                                                                                                                                                                                                          |   | :                April 18, 2001                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
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| Business                License No. Operational                Term Total                Investment Registered                Capital Investor Legal                Representative Directors Business                Scope |   | :                Qi Du Yue Zong Zi No. 320855 :                10 years  :                RMB18,500,000Yuan :                RMB13,000,000Yuan :                HONG KONG CHAIN STAR INVESTMENTS LIMITED :                HUANG Zheng :                HUANG Zheng, ZHANG Honghui, LI Shengnian, ZHANG Qinqin, QU                Fengxia :                To manufacture and operate computer equipment, office automatic equipment,                camera and video distribution amplifier and to engage in wholesale                and                import and export business of relevant products (go through procedures                according to State relevant regulations for goods involved in quota                and                license administration) |

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**Exhibit      IV**

**Representation      and Warranties**

| 1. | Chain                Star and Hongtianzhi are companies legally established and validly                existing under the laws of their respective places of                establishment. |
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| 2. | Chain                Star and Hongtianzhi have been authorized and qualified to conduct                business within the jurisdiction of their existing                businesses. |
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| 3. | The                operation businesses and their operation of Chain Star and Hongtianzhi                have been materially in compliance with the relevant                laws. |
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| 4. | Accounts                    of Chain Star and Hongtianzhi have been properly recorded in                    accordance                    with the account categories and the generally accepted account                    principles,                    standards and laws of their establishment place, which have truly                    represented and reflected the status of Chain Star and Hongtianzhi                    respectively for the fiscal year or the period ending on the                    date of the                    relevant book account. |
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| 5. | (a)  | Exhibit                I has listed all the directors and company secretaries of Chain Star                before the completion of the transaction as of the Closing                Date. |
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|   | (b)   | Exhibit III has listed all the directors              and              company secretaries of Hongtianzhi before the completion of the              transaction as of the Closing Date.  |
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|   | (c)  | There has not been any shareholder              resolution              adopted to liquidate Chain Star or Hongtianzhi before the completion              of              the transaction as of the Closing              Date.  |
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| 6. | The                    register of shareholders of Chain Star has truly and correctly                    recorded                    the date and the changes of shareholders from the establishment                    to the                    completion date and before the completion of the                    transition. |
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| 7. | Any                    share warrant has not been sent or given to any person in respect                    of any                    share of Chain Star and Hongtianzhi by the Transferor, Chain                    Star and                    Hongtianzhi. |
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| 8. | (a) |  Chain                Star has not conducted any business activities other than holding                shares                of Hongtianzhi. |
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|   | (b)   | Chain              Star has Hongtianzhi as its only one subsidiary company. Hongtianzhi              has              two subsidiary companies, associated companies or branches which are              Guangzhou Shixing Digital Electronic Co., Ltd and Shenzhen Tongxing              Shixun              Technology Co., Ltd. |
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| 9. | Articles                of associations of Chain Star and Hongtianzhi have been delivered                to                Transferee, which shall be true and                complete. |
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| 10. | If                any thing conflicts or is inconsistent with foregoing warrants before                the                closing date, the Transferee agrees to immediately notify the Transferor                in writing. |
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| 11. | Chain                    Star has fully paid the issued shares. Hongtianzhi has fully                    contributed                    the registered capital. |
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| 12. | The                    Transferor shall be the solely and legal beneficial owner of                    the shares                    for transfer. The shares for transfer shall not be imposed of                    any                    mortgage, lien or property                    encumbrances. |
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| 13. | Chain                    Star owns 100% of equities of Hongtianzhi. Chain Star shall be                    the solely                    and legal beneficial owner of the shares. The shares shall not                    be imposed                    of any mortgage, lien or property                    encumbrances. |
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| 14. | The                    Transferor shall have the authority to execute the Agreement                    and can sell                    any shares for transfer without any third party’s permission. The                    Agreement shall be legally binding on the                    Transferor. |
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| 15. | Except                    for the ongoing litigations disclosed to the Transferee, Chain                    Star and                    Hongtianzhi have not currently been involved in any material                    litigation or                    a party to any litigation and/or any unexecuted verdict, and                    have not been                    subject to any ongoing material injunction or                    order. |
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| 16. | Up                to the Closing Date, all or part of the assets or businesses of Chain                Star                and Hongtianzhi have not been entrusted to take over by any person,                and                there are not any orders or applications before court or adopted                solutions                to close down Chain Star and                Hongtianzhi. |
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| 17. | Except                for debts (including the outstanding tax fees)disclosed by the Transferor,                the Agreement or accounts of Chain Star and Hongtianzhi, Chain Star                and                Hongtianzhi shall not have any other debts and/or outstanding tax                fees as                of the Closing Date, which shall be assumed by the Transferor (if                any). |
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| 18. | Except                for the information disclosed by the Transferor, the Agreement or                accounts                of Chain Star’s and Hongtianzhi, Chain Star and Hongtianzhi shall not have                other unperformed material                contracts. |
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| 19. | The                net assets in 2006 financial statements audited by the US auditor                and                verified by a third party appraiser shall be more than RMB 41,000,000                without including the reappraised value-added part of buildings in                the                industry park, and the net profits shall be no less than RMB15,000,000,                and the net profits with refunded taxes shall be no less than                RMB20,000,000. |
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| 20. | The                shareholders and the meeting of board of directors according to the                Company Law, have reached a resolution to approve the equity transferor                the issue of the equity transfer under the                Agreement. |
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| 21. | The                existing and outstanding legal liabilities of Chain Star and Hongtianzhi                before the Closing Date such as labor compensation disputes, bad                debts and                losses of bad assets, debt disputes and risks of contingent debts                shall be                assumed by the Transferor. For the losses which can be calculated                into                money, if the net assets of the target company are less than                RMB41,000,000, the Transferor shall be obliged to make it up to                RMB41,000,000. |
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| 22. | The                    Transferor shall be fully responsible for all civil and criminal                    liabilities of Chain Star and Hongtianzhi before and on the Closing                    Date. |
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| 23. | The                Transferor shall not manipulate any adverse change to the operations                of                Chain Star and Hongtianzhi on purpose (excluding the normal operation                and                force majeure) as of execution of this Agreement. The Transferor                shall                immediately inform the Transferee if there is any thing causing the                material change to the operation of Chain Star and                Hongtianzhi. |
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| 24. | The                Transferor undertakes to be the CEO of Chain Star and Hongtianzhi                for                another five years and maintain the stability of Chain Star and                Hongtianzhi. |
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| 25. | The                Transferor undertakes that the Transferor and its direct relatives                (parents, spouse or children) shall not engage in security and protection                industry or operation in similar industry in five                years. |
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**Exhibit      V**

**Provisions      for the Closing**

| **1.** | **Liabilities                of the Transferee** |
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|  | (i) | The                Transferee shall pay the Balance of the total price to the Transferor                according to Article 3.2.1 (2) of the Agreement and submit the proof                document of payment to the                Transferor. |
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|  | (ii) | The                Transferee shall provide a consent letter executed by two persons                to be                the directors of Chain Star and  a                consent letter executed by three persons to be the directors of                Hongtianzhi. |
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| **2.** | **Liabilities                of the Transferor** |
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|   | After the transferor confirms that              its bank              account under Article 3.2.2 of the Agreement has received all the payment              by the Transferee under Article 3.2.1, the Transferor shall deliver              the              following to the Transferee:  |
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|  | (i) | The                    transfer documents and instruments for sale along with shares                    in                    connection with the Shares for                    Transfer; |
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|   | (ii)   | The                  original copy of resignation executed by three current directors                  of                  Hongtianzhi with stating that there are not any claims against                  Hongtianzhi; |
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|   | (iii)  | All                  account books, registration certificates, business registration                  certificates, articles of association, meeting records, statutory                  books,                  application forms, seals, offset printing, steel seals and all                  documents                  relevant to the company businesses (if any) of Chain Star controlled                  by                  the Transferor; |
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|   | (iv)   | The                  Transferor shall incentive Chain Star and Hongtianzhi to hold a                  board                  meeting to approve (1) the transfer of the Shares for Sale relevant                  to                  Chain Star, and registration after payment of appropriate stamp                  taxes; (2)                  appointment of the persons nominated by the Transferor according                  to law as                  the two new directors of Chain Star and the three new directors                  of                  Hongtianzhi under the written instruction of the Transferee; (3)                  after the                  completion of the foregoing (2), acceptance of resignation of the                  three                  directors of the Hongtianzhi under the above (ii); and (4) suspension                  and                  change of the operation of the bank accounts of Chain Star and                  Hongtianzhi, and appointment of the person nominated by the Transferee                  as                  the authorized person to execute the bank accounts of Chain Star                  and                  Hongtianzhi; |
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|   | (v)   | The                  original copy of records of the boarding meeting held for the issue                  of the                  above (iv) executed and confirmed by the directors of Chain Star                  and                  Hongtianzhi; |
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|   | (vi)   | The                  documents controlled by Hongtianzhi (refer                  to the list of Exhibit C); |
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|   | (vii)   | The                  original copy of the resignation properly executed by the legal                  representative of Hongtianzhi; and |
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|   |   |   |
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|   | (viii)   | Legal                  opinion reports issued by Hong Kong law firms and China law                  firms. |
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| **3.** | **The                    Transferor and the Transferee shall make obvious marks on the                    seals and                    enter into the delivery memorandum to present the differences                    between the                    new and the                    old.** |
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