China Biologic Products, Inc. - Exhibit 10.22 - Prepared By TNT Filings
Inc.





       




Exhibit 10.22 




Asset Station Purchase Agreement 

(Translated Version) 




Party A: He Ze An Tai Plasma Collection Co., Ltd (He Ze Plasma Company) 

Party B: Yun Cheng County Plasma Collection Station 

According to Ministry of Health and the 9 other ministries
and commissions jointly issued notice (Wei Yi Fa (2006) No. 118) regarding
<Measure on the Transformation of Plasma Collection Station (Lu Wei Yi Zi (206)
No.68)>, and the approval document issued by Shandong Health Department
regarding <Agreement on Shandong Missile Biological Co Ltd to acquire plasma
collection station in Shandong Province>, both parties has mutually agreed to
enter into a plasma station assets transfer contract for the benefit of the
Provincial development on plasma products and health industry, for the stability
of personnel and for the long term development of plasma collection station. 

1.
    Party B agrees to transfer the
whole asset of plasma station to Party A at one time. The transfer price will be
RMB 3,783,300.00 based on the valuation report carried out by He Ze Zhong Heng
Certified Public Accountants Ltd. 

2.
    Party A agrees to remit the
amount to the account designated by Party B within 15 days of signing this
Agreement. 

3.
    Party A shall use the
transferred assets for operation of plasma collection business. In order for
Party A to operate the plasma collection business, Party B shall execute the
assets transfer procedure within 15 days after receiving transfer proceed from
Party A. Party B shall assist Party A to transfer or obtain necessary license
under the name of Party A. 

4.
    Party B agrees to lease the land
to Party A at the negotiated price. 

5.
    Party A agrees to retain all
Party B’s management and workers, and guarantee no adverse adjustment on the
wages and benefit. With further development of Plasma Company, Party A agreed to
implement corporate governance and shall comply with relevant labor law to sign
employment contract and responsible for social insurance. 

6.
    Party A shall manage the station
strictly in accordance with the requirement of "Regulation of Plasma Products",
"GMP", and "Basic Standard of Plasma Collection Station" issued by State Council
and ensure the health and safety of the plasma donors, plasma quality and the
lawful operation of the station. 




Exhibit 10.14 




7.
    To
guarantee stable transition and normal operation of plasma operations, Party A
shall continue to appoint the current management team. 

8.
    Party A
shall willingly accept the supervision and administration of the local health
administrative department. Party B shall coordinate the affairs with local
government departments at all levels and seek the support and help from them.


9.
    Party B
shall be responsible to obtain various preferential terms based on the
investment policy from the local government. 10. Parties hereto may solve
matters not mentioned herein through negotiation. 11. This agreement shall
effective on the day when signed and chopped by legal representative of both
Parties. 12. Each party shall hold one set of the agreement. 

Party A: He Ze An Tai Plasma Collection Co., Ltd 

Party B: Yun Cheng County Plasma Collection Station 


December 15, 2006