Document:

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                                                                   Exhibit 10.88

                        Equity Interests Pledge Agreement

This Equity Interests Pledge Agreement (the "Agreement") is entered into on the
day of August 15, 2004 by and between the following parties:

Pledgee:       Hurray! Times Communications (Beijing) Ltd.
Address:

Pledgor:       Wang Xiaoping
ID Card No.:   440112611107062
Address:       Room 2, No. 47 Daywan, 470 Xingangzhonglu, Guangzhou

WHEREAS,

1.   Wang Xiaoping, the Pledgor, is a citizen of the People's Republic of China
     ("PRC"). The Pledgor owns 50% of the equity interest in Beijing Enterprise
     Network Technology Co., Ltd. Beijing Enterprise Network Technology Co.,
     Ltd. is a limited liability company registered in Beijing, PRC carrying on
     value added telecommunication business.

2.   The Pledgee, a wholly foreign-owned company registered in Beijing, PRC, has
     been licensed by the PRC relevant government authority to engage in the
     business of technology development, software production, integrated system
     and technical services. The Pledgee and Beijing Enterprise Network
     Technology Co., Ltd. owned by the Pledgor enter into Exclusive Technical
     Consulting and Services Agreement (the "Service Agreement") on August 15,
     2004.

3.   In order to make sure that the Pledgee collects technical consulting and
     service fees as normal from Beijing Enterprise Network Technology Co.,
     Ltd., the Pledgor is willing to pledge all its equity interest in Beijing
     Enterprise Network Technology Co., Ltd. to the Pledgee as a security for
     the Pledgee to collect technical consulting and service fees under the
     Service Agreement.

     In order to implement the terms of the service agreement, the Pledgee and
     the Pledgor through mutual negotiations hereby enter into this Agreement
     based upon the following terms:

1.   Definitions

Unless otherwise provided in this Agreement, the following terms shall have the
following meanings:

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     1.1  Pledge means the full content of Article 2 hereunder

     1.2  Equity Interest means all its 50% equity interests in Beijing
          Enterprise Network Technology Co., Ltd. legally held by the Pledgor.

     1.3  Rate of Pledge means the ratio between the value of the equity
          interest pledged under this Agreement and the technical consulting and
          service fees under the Service Agreement.

     1.4  Term of Pledge means the period provided for under Article 3.2
          hereunder.

     1.5  Service Agreement means the Exclusive Technical Consulting and Service
          Agreement entered into by and between Beijing Enterprise Network
          Technology Co., Ltd. and the Pledgee.

     1.6  Event of Default means any event under Article 7 hereof.

     1.7  Notice of Default means the notice of default issued by the Pledgee in
          accordance with this Agreement.

2.   Pledge

     2.1  The Pledgor agrees to pledge all its equity interest in Beijing
          Enterprise Network Technology Co., Ltd. to the Pledgee as guarantee
          for the technical consulting and service fee payable to the Pledgee
          under the Service Agreement.

     2.2  Pledge under this Agreement refers to the rights owned by the Pledgee
          who shall be entitled to have priority in receiving payment arising
          from conversion of the equity interests pledged by the Pledgor to the
          Pledgee into money or auction or sale of the equity interests.

3.   Rate and Term of Pledge

     3.1  The rate of Pledge

          3.1.1 The rate of pledge shall be 100%

     3.2  The term of Pledge

          3.2.1 The Pledge of equity interests under this Agreement shall take
               effect as of the date when the equity interests under this
               Agreement are recorded

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               in the Register of Member of Beijing Enterprise Network
               Technology Co., Ltd. and registered with the competent
               Administration for Industry and Commerce. The term of the Pledge
               is the same as the term of Service Agreement.

          3.2.2 During the term of the Pledge, the Pledgor shall be entitled to
               dispose of the right to the Pledge in accordance with this
               Agreement in the event that Beijing Enterprise Network Technology
               Co., Ltd. fails to pay technical Consulting and service fee in
               accordance with the Service Agreement.

4.   Physical Possession of Pledge Documents

     4.1  The Pledgee shall be entitled to receive the dividends from the equity
          interests.

5.   Warranties and Representations of the Pledgor

     5.1  The Pledgor is the legal owner of the equity interests.

     5.2  Except as otherwise provided hereunder, the Pledgee shall not be
          interfered with any parties at any time when the Pledgee exercises its
          rights in accordance with this Agreement.

     5.3  Except as otherwise provided hereunder, the Pledgee shall be entitled
          to dispose of or assign the right to the pledge in accordance with
          this Agreement.

     5.4  The Pledgor does not pledge the equity interests to any other person
          except for the Pledgee.

6.   Undertaking of the Pledgor

     6.1  During the effective term of this Agreement, the Pledgor undertakes to
          the Pledgee that the Pledgor shall:

          6.1.1 Except for the transfer of equity interest by the Pledgor to
               the party designated by Hurray! Holding Co., Ltd. pursuant to the
               Contract Relating to the Exclusive Purchase Right of Equity
               Interest entered into among the Pledgor,

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               Hurray! Holding Co., Ltd. and Beijing Enterprise Network
               Technology Co., Ltd., not transfer or assign
               the equity interests, create or permit to be created any pledges
               which may have an effect on the rights or benefits of the
               Pledgee without prior written consent from the Pledgee;

          6.1.2 Comply with and implement all laws and regulations with respect
               to the pledge of rights, present to the Pledgee the notices,
               orders or suggestions with respect to the right to Pledge issued
               or made by the competent authority within five days upon
               receiving such notices, orders or suggestions and comply with
               such notices, orders or suggestions, or object to the foregoing
               matters at the reasonable request of the Pledgee or with consent
               from the Pledgee.

          6.1.3 Timely notify the Pledgee of any events or any received notices
               which may affect the Pledgor's equity interest or any part of its
               right, and any events or any received notices which may change
               the Pledgor's any warranty and obligation under this Agreement or
               which may affect the Pledgor's performance of its obligations
               under this Agreement.

     6.2  The Pledgor agrees that the Pledgee's right to exercise the Pledge
          obtained from this Agreement shall not be suspended or hampered
          through legal procedure by the Pledgor or any successors of the
          Pledgor or any person authorized by the Pledgor.

     6.3  The Pledgor warrants to the Pledgee that in order to protect or
          perfect the security over the payment of the technical consulting and
          service fees under the Service Agreement, the Pledgor shall execute in
          good faith and cause other parties who have interests in the pledge to
          execute all the title certificates, contracts, and/or perform and
          cause other parties who have interests to take action as required by
          the Pledgee and make access to exercise the rights and authorization
          vested in the Pledgee under this Agreement, and execute all the
          documents with respect to the changes of certificate of equity
          interests with the Pledgee or the person (natural person/legal
          entity) designed by the Pledgee, and provides all the notices, orders
          and decisions regarded as necessary by the Pledgee to the Pledgee
          within the reasonable time.

     6.4  The Pledgor warrants to the Pledgee that the Pledgor will comply with
          and perform all the guarantees, covenants, agreements, representations
          and conditions for the benefits of the Pledgee. The Pledgor shall
          compensate all the

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          losses suffered by the Pledgee for the reasons that the Pledgor does
          not perform or fully perform their guarantees, covenants, agreements,
          representations and conditions.

7.   Events of Default

     7.1  The following events shall be regarded as the event of default:

          7.1.1 Beijing Enterprise Network Technology Co., Ltd. fails to make
               full payment of the technical consulting and service
               fees as scheduled under the Service Agreement;

          7.1.2 The Pledgor makes any material misleading or fraudulent
               representations or warranties under Article 5 herein, and/or the
               Pledgor is in violation of any representations and warranties
               under Article 5 herein;

          7.1.3 The Pledgor violates the covenants under Article 6 herein;

          7.1.4 The Pledgor violates any terms and conditions herein;

          7.1.5 The Pledgor waives the pledged equity interests or transfers or
               assigns the pledged equity interests without prior written
               consent of the Pledgee, except as provided in Article 6.1.1 in
               this Agreement;

          7.1.6 The Pledgor's any external loan, security, compensation,
               covenants or any other compensation liabilities (1) are required
               to be repaid or performed prior to the scheduled date because of
               breach of contract; or (2) are due but cannot be repaid or
               performed as scheduled and thereby cause the Pledgee to believe
               that the Pledgor's capacity to perform the obligations herein is
               affected;

          7.1.7 The Pledgor is incapable of repaying the general debt or other
               debt;

          7.1.8 This Agreement becomes illegal or fails to perform its
               obligations herein due to the promulgation of relevant laws;

          7.1.9 Any approval, permits, licenses or authorization from the
               competent authority of the government necessary for the
               performance of this Agreement or legality or effectiveness of
               this Agreement are withdrawn, suspended, invalidated or
               materially amended;

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          7.1.10 The property of the Pledgor is adversely changed and causes the
               Pledgee to believe that the capability of the Pledgor to perform
               the obligations herein is affected;

          7.1.11 The successors or custodian of the Pledgor are only entitled to
               perform a portion of or refuse to perform the payment liability
               under the Service Agreement;

          7.1.12 Other circumstances whereby the Pledgee is incapable of
               exercising the right to dispose the Pledge in accordance with the
               related laws.

     7.2  The Pledgor shall immediately give a written notice to the Pledgee if
          the Pledgor is aware of or find that any event under Article 7.1
          herein or any events that may result in the foregoing events have
          happened.

     7.3  Unless the event of default under Article 7.1 herein has been solved
          to the Pledgee's satisfaction, the Pledgee, at any time when the event
          of default happens or thereafter, may give a written notice of default
          to the Pledgor and require the Pledgor to immediately make full
          payment of the outstanding service fees under the Service Agreement
          and other payables or dispose the Pledge in accordance with Article 8
          herein.

8.   Exercise of the Right to the Pledge

     8.1  The Pledgor shall not transfer or assign the equity interests without
          prior written approval from the Pledgee prior to the full repayment of
          the consulting and service fee under the Service Agreement.

     8.2  The Pledgee shall give a notice of default to the Pledgor when the
          Pledgee exercises the right to pledge.

     8.3  Subject to Article 7.3, the Pledgee may exercise the right to dispose
          the Pledge at any time when the Pledgee gives a notice of default in
          accordance with Article 7.3 or thereafter.

     8.4  The Pledgee is entitled to have priority in receiving payment arising
          from conversion of whole or part of the equity interests pledged
          herein into money or auction or sale of the equity interests in
          accordance with legal procedure until the outstanding technical
          consulting and service fees and all other payables under the Service
          Agreement are repaid.

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     8.5  The Pledgor shall not hinder the Pledgee from disposing the Pledge in
          accordance with this Agreement and shall give necessary assistance so
          that the Pledgee could realize his Pledge.

9.   Transfer or Assignment

     9.1  The Pledgor shall not donate or transfer his rights and obligations
          herein without prior consent from the Pledgee.

     9.2  This Agreement shall be binding upon the Pledgor and his successors
          and be effective to the Pledgee and his each successor and assignee.

     9.3  The Pledgee may transfer or assign all or any of his rights and
          obligations under the Service Agreement to any individual (natural
          person / legal person) at any time. In this case, the assignee shall
          enjoy and undertake the same rights and obligations herein of the
          Pledgee as if the assignee is a party hereto. When the Pledgee
          transfers or assigns the rights and obligations under the Service
          Agreement, at the request of the Pledgee, the Pledgor shall execute
          the relevant agreements and/or documents with respect to such transfer
          or assignment.

     9.4  After the change of Pledgee because of the transfer or assignment,
          the new parties to the pledge shall reexecute a pledge contract.

10.  Termination

This Agreement shall not be terminated until the consulting and service fees
under the Service Agreement are paid off and Beijing Enterprise Network
Technology Co., Ltd. will not undertake any obligations under the Service
Agreement any more, and the Pledgee shall cancel or terminate this Agreement
within reasonable time as soon as practicable.

11.  Formalities Fees and other Charges

     11.1 The Pledgor shall be responsible for all the fees and actual
          expenditures in relation to this Agreement including but not limited
          to legal fees, cost of production, stamp tax and any other taxes and
          charges. If the Pledgee pays the relevant taxes in accordance with the
          laws, the Pledgor shall fully indemnify such taxes paid by the
          Pledgee.

     11.2 The Pledgor shall be responsible for all the fees (including but not
          limited to

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          any taxes, formalities fees, management fees, litigation fees,
          attorney's fees, and various insurance premiums in connection with
          disposition of Pledge) incurred by the Pledgor for the reason that the
          Pledgor fails to pay any payable taxes, fees or charges in accordance
          with this Agreement; or the Pledgee has recourse to any foregoing
          taxes, charges or fees by any means for other reasons.

12.  Force Majeure

     12.1 If this Agreement is delayed in or prevented from performing in the
          Event of Force Majeure ("Event of Force Majeure"), only within the
          limitation of such delay or prevention, the affected party is absolved
          from any liability under this Agreement. Force Majeure, means any
          unforeseen events beyond the reasonable control of a party and cannot
          be prevented by the affected party even with reasonable care,
          including without limitation acts of governments, acts of nature,
          fire, explosion, geographical change, typhoon, flood, earthquake,
          tide, lightning or war. However, any shortage of credit, capital or
          finance shall not be regarded as an event beyond the reasonable
          control of a party. The party affected by the Event of Force Majeure
          who seeks for exemption from performing any obligations under this
          Agreement or under any Article herein shall notify the other party of
          such exemption promptly and advice him of the steps to be taken for
          completion of the performance.

     12.2 The party affected by Force Majeure shall not assume any liability
          under this Agreement. However, subject to the party affected by Force
          Majeure having taken its reasonable and practicable efforts to perform
          this Agreement, the Party seeking for exemption of the liabilities may
          only be exempted from performing such liability as within limitation
          of the part performance delayed or prevented by Force Majeure. Once
          causes for such exemption of liabilities are rectified and remedied,
          both parties agree to resume performance of this Agreement with their
          best efforts.

13.  Dispute Resolution

     13.1 This Agreement shall be governed by and construed in accordance with
          the PRC law.

     13.2 The parties shall strive to settle any dispute arising from the
          interpretation or performance, or in connection with this Agreement
          through friendly consultation. In case no settlement can be reached
          through consultation, either party can submit such matter to China
          International Economic and Trade Arbitration Commission ("CIETAC") for
          arbitration in accordance with its arbitration rules currently in
          force.

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          The arbitration proceedings shall be conducted in Chinese and shall
          take place in Beijing. The arbitration award shall be final and
          binding upon the parties.

14.  Notice

     14.1 Any notice which is given by the parties hereto for the purpose of
          performing the rights, duties and obligations hereunder shall be in
          writing. Where such notice is delivered personally, it shall be deemed
          to have been served at the time when such notice actually reaches the
          addressee; where such notice is transmitted by telex or facsimile, it
          shall be deemed to have been served at the time when such notice is
          transmitted. If such notice does not reach the addressee on business
          date or reaches the addressee after the business time, it shall be
          deemed to have been served on the next business day following such
          day. The delivery place shall be the address first written above of
          the parties hereto or the address advised in writing including
          facsimile and telex from time to time.

15.  Effectiveness

     15.1 This agreement and any amendments, supplements, or changes hereto
          shall be in writing and come into effect upon being executed and
          sealed by the parties hereto.

     15.2 This Agreement is executed in duplicate in Chinese.

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                        Equity Interests Pledge Agreement

     (No text on this page)

The Pledgee: Hurray! Times Communications (Beijing) Ltd. (Seal affixed)

Authorized Representative: (Signed)

The Pledgor: Wang Xiaoping

Signature: (Signed)

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                                                                   Exhibit 10.89

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                                     Sun Hao

                                  Wang Xiaoping

                                       and

                             Hurray! Solutions Ltd.

                                   Wang Qindai

                                   ----------

                       Agreement on Transfer of Shares of

                 Beijing Enterprise Network Technology Co., Ltd.

                                   ----------

                                  July 19, 2004
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This Agreement is executed on July 19, 2004 in Beijing by the following parties.

Party A: Sun Hao
Address: No. 301, Room 5, 6th Floor, 19 Xinwaidajie, Haidian District, Beijing
ID No.: 110108721231631

Party B: Wang Xiaoping
Address: Room 2, No. 47 Dayuan, 470 Xingangzhonglu, Guangzhou
ID No.: 440112611107062

(Party A and Party B collectively referred to as the "Transferee")

Party C: Hurray! Solutions Ltd.
Address: Room 318, 3th Floor, 12 Fuxinglu, Haidian District, Beijing
Legal Representative: Xiang Songzuo

Party D: Wang Qindai
Address: 50 Dajuehutong Xicheng District, Beijing
ID No.: 110102641107155

(Party C and Party D collectively referred to as the "Transferor")

WHEREAS:

     1. Beijing Enterprise Network Technology Co., Ltd. (hereinafter "Enterprise
Network") is a limited liability company duly organized and validly existing
under Chinese laws. Its registered capital is RMB10,000,000, of which
RMB9,900,000

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is contributed by Party C, making it entitled to 99 percent shares of Enterprise
Network; RMB100,000 is contributed by Party D, making it entitled to 1 percent
shares of Enterprise Network. Transferor is legally entitled to all shareholder
rights in light of its contribution as at the execution date of this Agreement.

     2. Party A is a Chinese citizen with full capacity of civil conduct. Party
B is a Chinese citizen with full capacity of civil conduct. Party A and Party B
intend to accept 100 percent shares of Enterprise Network held by the
Transferor.

     3. The Transferor intends to transfer to the Transferee 100 percent shares
of Enterprise Network held by the Transferor, in which Party A accepts 50
percent shares of Enterprise Network held by Party C, and Party B accepts the
remaining 49 percent shares of Enterprise Network held by Party C and 1 percent
shares of Enterprise Network held by Party D. After completion of such share
transfer, Party A will hold 50 percent shares of Enterprise Network and Party B
will hold 50 percent shares of Enterprise Network.

     4. Both Party C and Party D agree to be jointly and severally responsible
for the duties and responsibilities hereunder, and further agree that the
performance of duties by Party A and/or Party B to either Party C or Party D
pursuant to the terms and conditions of this Agreement shall be deemed as having
performed duties owed to the Transferor in entirety.

     In consideration of the foregoing share transfer, the parties hereto hereby
agree as follows through friendly consultation in accordance with relevant laws
and regulations and in the spirit of mutual benefit, honesty and good faith:

I. Share Transfer

     1. The Transferor agrees to transfer its shares of Enterprise Network to
the Transferee pursuant to the proportion agreed-upon under this Agreement on
the Effective Date of Share Transfer (as defined hereinafter) set forth in
Article III of this Agreement according to the terms and conditions of this
Agreement; the Transferee agrees to accept such shares pursuant to the
proportion agreed-upon under this Agreement according to the terms and
conditions of this Agreement (hereinafter "Share Transfer").

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     2. After Share Transfer becomes effective, the Transferee shall become the
legal owner of the shares contemplated to be transferred hereunder pursuant to
this Agreement, having all rights and obligations in respect of the shares
contemplated to be transferred hereunder (such rights including all rights,
interests and duties in respect of its contribution). The Transferor shall not
have any right, obligation or responsibility in respect of the shares
contemplated to be transferred hereunder.

     3. After Share Transfer becomes effective, each shareholder's contribution
amount and its proportion in the registered capital of Enterprise Network are as
follows:

          Party A: RMB5,000,000, accounting for 50 percent of total registered
     capital of Enterprise Network;

          Party B: RMB5,000,000, accounting for 50 percent of total registered
     capital of Enterprise Network

     4. The parties hereto agree to effect all procedures in respect of Share
Transfer according to the terms and time provided under this Agreement,
including without limitation securing resolutions of shareholders' meeting and
the Board consenting transfer/acceptance of shares respectively, resolutions of
shareholders' meeting of Enterprise Network consenting Share Transfer, and the
commitment letter of the Transferor as shareholders of Enterprise Network
consenting the Share Transfer by the other shareholders and waiving their
preemption rights.

     5. Commencing from the Effective Date of Share Transfer, the Transferor
shall transfer to the Transferee any and all materials held by the Transferor
necessary for appropriate exercise of shareholder rights by the Transferee,
including without limitation resolutions and minutes of shareholders meeting and
the Board of Enterprise Network, all seals of the company (including without
limitation corporate seal, finance seal and contract seal), approval documents
of the company, business license (originals and copies), approvals,
certificates, checkbooks, materials relating to bank account and changes
thereto, property title documents and approvals.

II. Share Transfer Price and Payment

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     1. The parties hereto confirm that the price in connection with the shares
to be transferred to the Transferee from the Transferor shall be paid by the
Transferee in Renminbi in cash, which will be equivalent to RMB0.01 for shares
representing the capital contribution of RMB1 to the registered capital of
Hurray! Solutions Ltd.

     2. The above Share Transfer Price shall total RMB One Thousand Only
(RMB1,000), of which RMB Five Hundred Only (RMB500) will be paid by Party A to
Party C; RMB Four Hundred and Ninety only (RMB490) whereas RMB Ten Only (RMB10)
will be paid by Party B to Party C and Party D, respectively. The specific form
of payment shall be agreed upon by the parties in a supplemental agreement
hereto.

III. Effective Date of this Agreement and of Share Transfer

     1. This Agreement shall be effective upon execution by the parties hereto
or their respective authorized representatives and affixture of seals.

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     3. The parties hereto shall, in good faith, complete any activities
necessary for effecting the Share Transfer provided hereunder within three
months after this Agreement is effective or any time otherwise agreed upon by
the parties hereto, including without limitation executing or causing third
party to execute any document or application, or securing any relevant approval,
consent or permit, so as to effect performance of this Agreement.

IV. Representations, Covenants and Warranties of the Transferor

     1. Enterprise Network is a limited liability company duly organized and

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validly existing under Chinese laws. The Transferor has duly paid up its
subscribed capital in light of capital contribution percentage and secured
corresponding share rights according to laws. The Transferor has performed all
of its obligations as shareholder in strict compliance with articles of
association of Enterprise Network

     2. The Transferor has all rights, powers and authorities to enter into and
perform all duties and responsibilities under this Agreement. This Agreement is
legally binding upon any party of the Transferor upon execution.

     3. The Transferor legally and actually owns the shares contemplated to be
transferred under this Agreement, and is capable in right and action to transfer
such shares, and has secured all necessary approvals therefor.

     4. Execution or performance of this Agreement by the Transferor does not
breach laws, articles of association, contracts, agreements or any other legal
documents which the Transferor is subject to.

     5. The shares contemplated to be transferred are complete and have not been
pledged, subject to any preferential right, or any third party interest, or have
any other encumbrance.

     6. The balance sheet of Enterprise Network and other financial materials
and information provided by the Transferor to the Transferee are complete, true
and accurate. Except for the liabilities (including actual liabilities and
contingent liabilities) disclosed by the Transferor to the Transferee,
Enterprise Network has no other liabilities ("Undisclosed Liabilities"). In the
case of any Undisclosed Liabilities the Transferor shall be fully liable for
payment in respect thereof. If the Transferee or Enterprise Network suffers any
loss due to Undisclosed Liabilities, the Transferor shall be liable for full
compensation therefrom.

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     7. The Transferor agrees to provide services diligently to the Transferee
or its associates within 3 months after this Agreement becomes effective.

     8. Any representation or warranty made by the Transferor under this
Agreement contains no material falsehood or any omissions.

V. Representations, Covenants and Warranties of the Transferee

     1. The Transferee is a legal person duly organized and validly existing
under Chinese laws or a Chinese citizen with full capacity of civil conduct.

     2. The Transferee has full rights to conduct the matters in respect of
accepting shares from the Transferor as provided under this Agreement, and has
secured all approvals and/or authorizations in respect of execution and
performance of this

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Agreement.

     3. Execution or performance of this Agreement by the Transferee is in no
breach of the laws, articles of association, contracts, agreements or other
legal documents which the Transferee is subject to.

     4. The Transferee shall perform the obligation of paying the price of Share
Transfer to the Transferor in strict compliance with the terms of this
Agreement.

VI. Confidentiality

     Unless expressly required by relevant Chinese laws and regulations,
articles of association, or other applicable laws and regulations, no party
shall disclose the terms of this Agreement to any third party other than the
parties hereto without the prior written consent of the other parties before
completion of the transaction contemplated hereunder. This provision does not
apply to affiliates of and professionals engaged by the parties hereto.

VII. Fees and Expenses

     1. The parties hereto agree to bear their respective fees incurred for
engagement of lawyers, accountants, appraisers, financial advisors and other
professionals.

     2. Any obligation for tax payment in connection with the Share Transfer
shall be borne by the Transferor and Transferee respectively according to laws.

     3. Any other expenses occurred in connection with the Share Transfer
(including without limitation the expenses relating to change of registration at
industrial and commercial bureau) shall be equally shared by the Transferor and
the Transferee.

VIII. Unresolved Matters and Amendment to this Agreement

     1. The parties hereto agree to further negotiate any matter which has not
been resolved in this Agreement after execution hereof and enter into a
supplemental agreement

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in writing. Such supplemental agreement shall constitute an integral part of
this Agreement.

     2. Any amendment to this Agreement shall be in writing and signed by the
parties hereto. Any amendment or addition shall constitute an integral part of
this Agreement.

IX. Breach Liability

     1. Any party hereto shall be deemed in breach of this Agreement if such
party:

          (1)  fails to perform any obligation under this Agreement;

          (2)  breaches any of its representation, covenant or warranty made
               under this Agreement; or

          (3)  its representation or warranty made under this Agreement is
               inconsistent with facts or misleading (in good faith or in bad
               faith).

     2. Under occurrence of such breach, the non-breaching party has the right
to require the breaching party to correct within 10 days; if the breaching party
fails to correct within the specified time, the non-breaching party has the
right to terminate this Agreement and claim damages from the breaching party.

     3. The parties hereto covenant to each other that without prejudice to the
right to claim damages by the non-breaching party against the breach of
covenant, warranty or obligation by the breaching party under this Agreement,
the breaching party shall be liable to the following damages as required by the
non-breaching party:

          (1)  A certain sum of damages which is sufficient to restore the
               parties to the status as if the Agreement is not breached;

          (2)  Expenses or costs directly or indirectly incurred by the
               non-breaching party arising out of the breach of the Agreement
               (including without limitation litigation, arbitration and/or
               lawyer fees reasonably incurred by the non-breaching party
               therefrom).

X. Dispute Resolution

     1. Any dispute arising out of or relating to this Agreement shall be
settled by the

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parties hereto through friendly consultation.

     2. If any dispute is not settled through friendly consultation by the
parties hereto within thirty days after its occurrence, such dispute shall be
submitted to the China International Economic and Trade Arbitration Commission
for arbitration according to its rules then in effect. The award of arbitration
is final and binding upon the parties hereto. The place of the arbitration is in
Beijing, China.

     3. If any provision of this Agreement shall be determined to be invalid
according to relevant laws, the remaining of this Agreement shall continue to be
valid and enforceable.

XI. Applicable Laws

     The execution, validity, interpretation and performance of this Agreement,
and dispute resolution thereof shall be governed by relevant laws of China.

XII. Agreement Right

     No party shall assign its rights and obligations under this Agreement
without prior written consent of the other party. Respective successors and
permitted assigns of the parties hereto are subject to the provisions of this
Agreement.

XIII. Force Majeure

     1. Force Majeure means any occurrence that is uncontrollable, unpredictable
or, if predictable, unavoidable by the parties hereto, causing hindrance, impact
or delay on the part of either party to perform all or part of its obligations
under this Agreement. Such occurrence includes without limitation earthquake,
typhoon, flood, fire or other acts of God, war, riot, strike or other similar
occurrences. The parties hereto agree and acknowledge that non-performance of
this Agreement on the part of either party due to Force Majeure does not
constitute the breach provided under Section 1 of Article IX, nor shall the
non-performing party be liable to any damages or compensation therefor.

     2. In occurrence of Force Majeure, the affected party shall notify the
other party

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immediately by the most expedient means possible and provide within 15 days
documents evidencing the particulars of such occurrence and reasons for
non-performance of all or part of this Agreement or delay performance of this
Agreement. Then the parties hereto shall negotiate as to whether to delay
performance of or terminate this Agreement.

XIV. Entire Agreement

     This Agreement constitutes all representations and agreements between the
parties hereto and supersedes all prior oral and written representations,
warranties, understandings and agreements between the parties relating to the
subject matter of this Agreement. The parties hereto agree and acknowledge that
any representation or covenant that is not provided under this Agreement shall
not constitute basis of this Agreement and, therefore, shall not be the basis to
determine respective rights and obligations of the parties or to interpret terms
and conditions of this Agreement.

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XVI. Counterparts

     This Agreement is made in Chinese in six original copies. Each party shall
hold one original copy and the remaining copies shall be used for the purpose of
registration at industrial and commercial bureau. Each copy shall have the same
legal effect.

XVII. Supplemental Agreement or Attachment

     Upon agreement and valid execution of the parties hereto, other document
which

                                       12

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supplements or amends this Agreement is an attachment to this Agreement and
constitutes an integral part of this Agreement.

                                       13

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                                 Execution Page

                                 (No body text)

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
on the date first written above.

Party A: Sun Hao
Legal/Authorized Representative: (Signed)

Party B: Wang Xiaoping
Authorized Representative: (Signed)

Party C: Hurray! Solutions Ltd. (Seal affixed)
Authorized Representative: (Signed)

Party D: Wang Qindai
Authorized Representative: (Signed)

                                       14

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