ex10_1.htm


     

    
      Exhibit
10.1

       

      Equipment and
Inventory Sales Agreement

       

      


      Seller:Jiangxi Taina
Nanfeng Tangerine Ltd. (“Taina”)

      Purchaser: Nanfeng Huaxia Wuqiannian
Ecological Wine Village Ltd. (“Huaxia”)

      


      Both
Taina and Huaxia agree on the following terms,

      


      
        	
                1.  

              	
                Selling
      Price

              


      

      The total
selling price of wine producing equipments located in Nanfeng’s factory, which
also include inventory (“Equipments”), is RMB3,080,000

      


      
        	
                2.  

              	
                Payment

              


      

      Huaxia
shall make the first payment of RMB680,000 to Taina within 5 days upon signing
this agreement; the rest of the payment of RMB2,400,000 shall be made on or
before August 31.

      


      
        	
                3.  

              	
                Equipment
      Delivery

              


      

      Taina
shall deliver the Equipments to Huaxia within 45 days upon the receipt of first
payment of RMB680,000.

      


      
        	
                4.  

              	
                Representation
      of Taina

              


      

      1) Taina
is a good standing company registered under the laws of the People’s Republic of
China

      2) Taina
has the right and capacity on selling of the Equipments

      3) Taina
has made complete and proper description on the overall condition of the
Equipments. The description includes the external appearance, performance,
operation and maintenance instruction, damages.

      4) Taina
shall be fully responsible for any dispute arise from the property right of the
Equipments

      


      
        	
                5.  

              	
                Representation
      of Huaxia

              


      

      
        	
                1)  

              	
                Huaxia
      is a good standing company registered under the laws of People’s Republic
      of China

              


      

      
        	
                2)  

              	
                Huaxia
      has the right and capacity on purchasing the
  Equipments

              


      

      
        	
                3)  

              	
                Huaxia
      has been informed of the condition of the Equipments, and agree on the
      purchase.

              


      

      
        	
                4)  

              	
                Huaxia
      shall guarantee to start operation after purchasing the
      Equipments.

              


      

      
        	
                5)  

              	
                Huaxia
      shall not engage in any activity under the name of Taina without the
      consent of Taina

              


      

      


      
        	
                6.  

              	
                Breach
      of Contract

              


      

      
        	
                1)  

              	
                Compensation
      shall be made if any loss of one party due to the other party’s
      fault

              


      

      
        	
                2)  

              	
                In
      case Taina fail to deliver the Equipments to Huaxia on time, Huaxia has
      the right to ask Taina to carry on the execution of this agreement. In
      case Taina refuse to deliver the Equipments on time, Huaxia can terminate
      the contract and get refund.

              


      

      


        
7.  The contract is made in two original copies, and each original copy has
the same legal effect.

      


      


      Jiangxi
Taina Nanfeng Tangerine Ltd.

      Signature:____________________

      


       

      Nanfeng
Huaxia Wuqiannian Ecological Wine Village Ltd.

      Signature:____________________