Exhibit 4.2
 Translation of Shares Transfer Agreement for Lake Communication Limited
 Seller:
    
    Shenzhen GrenTech Company Limited (party A)Address:
    
    Guoren Building, Keji Central 3rd Road, Hi-Tech Park, Nanshan District, ShenzhenAuthorized representative:
    
    Gao YingJiePosition:
    
    ChairmanBuyer:
    
    Zhuang HaiFan (party B)ID#:
    
    320102196412081637Address:
    
    Room 604, 48 Xin Hua Nan Road, Quanzhou
          1.
    
    After this agreement goes into effect, party B will hold 100% shares of Lake Communication
and possess the companys profit and loss and risks which include all liabilities that Lake
communication has.
 2.
    
    After this agreement goes into effect, party A will not hold any shares of Lake Communication
and possess the companys profit and loss and risks which include all liabilities that Lake
communication has.




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1.
    
    The contract cannot be carry out caused by the act of God or any party without mistake but
unavoidable accident:2.
    
    The situation had been changed and both party A & B agree to change or terminate.
  1.
    
    This contract is under the Chinese Law
 2.
    
    Any conflict or related matters about the contract, both parties should solve the conflict in
friendly manner. If both parties cannot solved the conflict, the case should submit to
Shenzhen Arbitration Commission. The result of the commission is the final and both parties
have to be in force.
    1.
    
    There are 4 original copies. Each party A and B keep 1 copy and Lake Communication keep 1
copy. The rest of the copy will be kept in the related governmental authorities.




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Translation of Disposition of Liabilities Agreement
   1.
    
    Shenzhen GrenTech Company Limited (Party A1)
 rd
  2.
    
    GrenTech (BVI) Limited (Party A2)
    1.
    
    Quanzhou Lake Communication Company Limited (Party B1)
   2.
    
    Quanzhou Lake Microwave Company Limited (Party B2)
     1.
    
    Zhuang HaiFan (Party C1)
 
 2.
    
    Lake (HK) Technology Limited (Party C2)
     1.
    
    On December 17, 2008, Party A1 and Party C1 had signed an agreement <Shares transfer
agreement for Lake Communication Limited>. Party A1 transfer 100% of Party B1s shares to
Party C1 in the price of RMB101.33 million and Party C1 had agree to accept the transfer.
 2.
    
    On December 17, 2008, Party A and Party C had signed an agreement <Shares Transfer
Agreement> and also signed an agreement <Supplementary Agreement: Regarding to the Price
of Lake Microwave shares transfer> on December 20, 2008. Party A1 transfer 51% of Party
B2s shares to Party C1 in the price of RMB2.55 million. Party C1 had agree to accept the
transfer. Party A2 transfer 49% of Party B2s shares to Party C2 in the price of RMB2.45 million. Party C2 had agree to accept the transfer.




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3.
    
    Party A2 had deputize Party A1 receives Party B2s share transfer fee in the amount of
RMB2.45 million. Party C1 agreed to pay the transfer fee RMB2.45 million for Party C2.
Finally, Party A1 will accept payment from party C1 in the total of RMB106.33 million.
 4.
    
    During the discussion between Party A and party C on the share transfer, the payment
RMB106.33 million of share transfer had inculded the bonus receivable RMB15.2 million which is
owe to Party A1 from Party B1. Finally, Party A1s bonus receivable of RMB15.2 million which
is owe from Party B1 should be wavied.5.
    
    Party A1 owe Party B total amount of RMB106.33 million. (See Details <Receivable List>)
  1.
    
    Party A, Party B and Party C had all confirmed the <Receivable List> in the total of
RMB106.33 million which is owe from Party A1 to Pary C.
 2.
    
    Party A, Party B and Party C had all agreed that Party A1 should transfer the liability
payable right, which is pay from Party C in the amount of RMB106.33 million, to Party B.
Party B should use all receivable due from Party A1 in the <Receivable List> to exchange
the liability payable right in the amount of RMB106.33 million. Finally, any liabilities in
the <Receivable List> and generated from the shares transfer will be settled.
 3.
    
    Party A1 agree to wavied the Bonus payable of RMB15.2 million from party B1 and the bonus
payable between Party A1 and B1 will be settled.4.
    
    Statement, Guarantee and Promises
 1.
    
    Party A promised and guaranteeda)
    
    will legally impeach and execute the terms of the liabilities transfer in the
agreement and will assume all civil action independently.b)
    
    The transfer of the liabilities are legal and effective.2.
    
    Party B promised and guaranteeda)
    
    will legally impeach and accept the terms of the liabilities transfer in the
agreement and will assume all civil action independently.b)
    
    Any related authorities or department had already permitted the acceptance of the
liabilities transfer to Party B.3.
    
    Party C promised and guaranteed
  5.
    
    After the effective of the contract, Party A cannot ask Party C for the transferred debt of
RMB106.33 million; Party B cannot ask Party A1 for the receivable which in the the
<Receivable List> in the amount of RMB106,33 million; Party A1 cannot ask Party B1 for
the Bonus receivable of RMB15.2 million.
 6.
    
    Party A, Party B and Party C all agreed that if any party/parties breach the statement,
guranttee, promise or other obligations and make other party/parties suffer loss, penalty,
damage and etc. The party/parties who breach the contract will compensate all the losses.




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7.
    
    The effective and temination of the contract
 1.
    
    The contract will be effective after Party A, Party B and Party Cs representative
or authorized people signed and stamped the company chop.
 2.
    
    The attachments are part of the contract, they have the same legal power as the
contract.
 3.
    
    If there is not details enough in the contract, then the contract will follow the
law, regulation and rules to be processed.
 4.
    
    There are totally 6 copies of the contract, Party A, Party B, Party C each have 1
copy and all copies are equally cover by the law.




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(Signature page only, no other content in this page)Party A:1.
    
    
    Shenzhen GrenTech Company Limited (Stamp)Authorized Representative (Signature):2.
    
    
    GrenTech (BVI) Limited (Stamp)Authorized Representative (Signature)Party B:1.
    
    
    Quanzhou Lake communication Company Limited (Stamp)Authorized Representative (Signature)2.
    
    
    Quanzhou Lake Microwave Company Limited (Stamp)Authorized Representative (Signature)Party C:1.Mr. Zhuang HaiFan (Signature)2.
    
    
    Lake (HK) Technology Company Limited (Stamp)Authorized Representative (Signature)