Unassociated Document


    Exhibit
      10.6

    


    Translation
      of Trust Agreement for Hugh Wang’s Beneficial Ownership of Timesway Shares on
      Behalf of PJCL Employees

    


    Consigner:
      ____________

    ID.
      No.:
      ______________

    Consignee:
      Wang Hu

    ID.
      No.:
      370102195907053717

    


    The
      consigner, _____________, actually holds _____ of the share issued by Timesway
      Group Limited (including option). Timesway Group Limited holds 94.12% of the
      share issued by Pansoft Company Limited, thus I actually hold indirectly _______
      of the share issued by Pansoft Company Limited (including option). Now, the
      share (including option) I actually hold is authorized to the consignee to
      hold.


    


    


    Signature
      of Consigner: ________ Signature of Consignee: Wang Hu

     

    Date:
      __________     
      Date:
      ___________

    


    


    This
      letter of authorization shall be executed in three copies, each of which shall
      be deemed an original. One copy shall be given to the Consigner, another copy
      to
      Consignee, and the third copy shall be kept in the Company for reference.


    


    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

    

     

    

      Shareholder
        list of Pansoft Company Limited and Pansoft Pansoft (Jinan) Co.,
        Ltd

      


      
        	 	
                Name

              	
                Timeway
                  Shares

              	
                Pansoft
                  shares

              	
                Pansoft
                  shares (%)

              	
                Timeway
                  shares (%)

              
	
                1

              	
                Guoqiang
                  Lin

              	
                875,000

              	
                823,550

              	
                16.47%

              	
                17.50%

              
	
                2

              	
                Hu
                  Wang

              	
                875,000

              	
                823,550

              	
                16.47%

              	
                17.50%

              
	
                3

              	
                YanDong
                  Li

              	
                166,500

              	
                156,710

              	
                3.13%

              	
                3.33%

              
	
                4

              	
                Bingzhang
                  Ren

              	
                166,500

              	
                156,710

              	
                3.13%

              	
                3.33%

              
	
                5

              	
                Liangshan
                  Shi

              	
                166,500

              	
                156,710

              	
                3.13%

              	
                3.33%

              
	
                6

              	
                Huawen
                  Song

              	
                166,500

              	
                156,710

              	
                3.13%

              	
                3.33%

              
	
                7

              	
                Hongwei
                  Xiang

              	
                166,500

              	
                156,710

              	
                3.13%

              	
                3.33%

              
	
                8

              	
                HuaMao
                  Yang

              	
                169,375

              	
                159,416

              	
                3.19%

              	
                3.39%

              
	
                9

              	
                Yanbing
                  Zhang

              	
                166,500

              	
                156,710

              	
                3.13%

              	
                3.33%

              
	
                10

              	
                XueWei
                  Feng

              	
                94,000

              	
                88,473

              	
                1.77%

              	
                1.88%

              
	
                11

              	
                FengXin
                  Gao

              	
                94,000

              	
                88,473

              	
                1.77%

              	
                1.88%

              
	
                12

              	
                Lisha
                  Li

              	
                94,000

              	
                88,473

              	
                1.77%

              	
                1.88%

              
	
                13

              	
                Shoulin
                  Li

              	
                94,000

              	
                88,473

              	
                1.77%

              	
                1.88%

              
	
                14

              	
                Shouqiang
                  Li

              	
                94,000

              	
                88,473

              	
                1.77%

              	
                1.88%

              
	
                15

              	
                Hua
                  Lin

              	
                94,000

              	
                88,473

              	
                1.77%

              	
                1.88%

              
	
                16

              	
                Shanyong
                  Wei

              	
                94,000

              	
                88,473

              	
                1.77%

              	
                1.88%

              
	
                17

              	
                Renguang
                  Geng

              	
                65,000

              	
                61,178

              	
                1.22%

              	
                1.30%

              
	
                18

              	
                Lei
                  Li

              	
                65,000

              	
                61,178

              	
                1.22%

              	
                1.30%

              
	
                19

              	
                WenXia
                  Li

              	
                65,000

              	
                61,178

              	
                1.22%

              	
                1.30%

              
	
                20

              	
                Zhonghai
                  Liu

              	
                65,000

              	
                61,178

              	
                1.22%

              	
                1.30%

              
	
                21

              	
                Yutao
                  Nie

              	
                65,000

              	
                61,178

              	
                1.22%

              	
                1.30%

              
	
                22

              	
                Xinhua
                  Sui

              	
                65,000

              	
                61,178

              	
                1.22%

              	
                1.30%

              
	
                23

              	
                Wei
                  Bao

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                24

              	
                Yujiang
                  Cao

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                25

              	
                Mingsheng
                  He

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                26

              	
                Kebing
                  Li

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                27

              	
                Likai
                  Li

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                28

              	
                Qiang
                  Li

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                29

              	
                Xing
                  Li

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                30

              	
                Xueshen
                  Li

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                31

              	
                Shiyong
                  Liu

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                32

              	
                Qiancheng
                  Lu

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                33

              	
                Qingfu
                  Shang

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                34

              	
                Huabin
                  Wang

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                35

              	
                Jun
                  Wang

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                36

              	
                Fatao
                  Xiao

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                37

              	
                Renhai
                  Yu

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                38

              	
                Heng
                  Zhang

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                39

              	
                Yonghui
                  Zhang

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                40

              	
                Yunjian
                  Zhang

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              


      

       

      
        
          
          

        

        
          -2-

          
            

          

        

        
          
          

        

      

       

      
        	
                41

              	
                Zhiyong
                  Zhang

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                42

              	
                Feisheng
                  Zhao

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                43

              	
                Zhongsheng
                  Zhao

              	
                33,000

              	
                31,060

              	
                0.62%

              	
                0.66%

              
	
                44

              	
                Jun
                  Chen

              	
                25,000

              	
                23,530

              	
                0.47%

              	
                0.50%

              
	
                45

              	
                Shihui
                  Gao

              	
                25,000

              	
                23,530

              	
                0.47%

              	
                0.50%

              
	
                46

              	
                Jian
                  Guo

              	
                25,000

              	
                23,530

              	
                0.47%

              	
                0.50%

              
	
                47

              	
                Xiaofeng
                  Hu

              	
                25,000

              	
                23,530

              	
                0.47%

              	
                0.50%

              
	
                48

              	
                Kun
                  Liu

              	
                25,000

              	
                23,530

              	
                0.47%

              	
                0.50%

              
	
                49

              	
                Weihong
                  Liu

              	
                25,000

              	
                23,530

              	
                0.47%

              	
                0.50%

              
	
                50

              	
                Dongyang
                  Luo

              	
                25,000

              	
                23,530

              	
                0.47%

              	
                0.50%

              
	
                51

              	
                Xuqi
                  Wang

              	
                25,000

              	
                23,530

              	
                0.47%

              	
                0.50%

              
	
                52

              	
                Minghai
                  Cao

              	
                10,000

              	
                9,412

              	
                0.19%

              	
                0.20%

              
	
                53

              	
                Jianxun
                  Gao

              	
                10,000

              	
                9,412

              	
                0.19%

              	
                0.20%

              
	
                54

              	
                Shijun
                  Kong

              	
                10,000

              	
                9,412

              	
                0.19%

              	
                0.20%

              
	
                55

              	
                Chong
                  Luo

              	
                10,000

              	
                9,412

              	
                0.19%

              	
                0.20%

              
	
                56

              	
                Naigang
                  Wang

              	
                10,000

              	
                9,412

              	
                0.19%

              	
                0.20%

              
	
                57

              	
                Zhen
                  Wang

              	
                10,000

              	
                9,412

              	
                0.19%

              	
                0.20%

              
	
                58

              	
                Zhong
                  Zhao

              	
                10,000

              	
                9,412

              	
                0.19%

              	
                0.20%

              
	
                59

              	
                Wei
                  Zhao

              	
                12,125

              	
                11,412

              	
                0.23%

              	
                0.24%

              
	
                60

              	
                Yongqi
                  Zhao

              	
                10,000

              	
                9,412

              	
                0.19%

              	
                0.20%

              
	
                61

              	
                Dehai
                  Fu

              	
                10,000

              	
                9,412

              	
                0.19%

              	
                0.20%

              
	
                62

              	
                Shouzhen
                  Fan

              	
                5,000

              	
                4,706

              	
                0.09%

              	
                0.10%

              
	
                63

              	
                Lin
                  Li

              	
                5,000

              	
                4,706

              	
                0.09%

              	
                0.10%

              
	
                64

              	
                Jing
                  Wang

              	
                5,000

              	
                4,706

              	
                0.09%

              	
                0.10%

              
	
                65

              	
                Bendi
                  Xin

              	
                5,000

              	
                4,706

              	
                0.09%

              	
                0.10%

              
	
                66

              	
                Yulin
                  Zheng

              	
                5,000

              	
                4,706

              	
                0.09%

              	
                0.10%

              
	
                67

              	
                Pengfei
                  Qu

              	
                10,000

              	
                9,412

              	
                0.19%

              	
                0.20%

              
	
                68

              	
                Yongjin
                  Song

              	
                1,500

              	
                1,412

              	
                0.028%

              	
                0.03%

              
	
                69

              	
                Weigong
                  Liu

              	
                2,000

              	
                1,871

              	
                0.038%

              	
                0.04%

              
	 	
                Baring

              	 	
                294,000

              	
                5.88%

              	 
	 	
                Total

              	
                5,000,000

              	
                5,000,000

              	
                100%

              	
                100%

              


      

      


      
        
          
          

        

        
          -3-