Document:

Exhibit
        10.13

      For
        reference only. In case there is any discrepancy in the contents between
        the

      English
        and the Chinese versions, the Chinese version shall
        prevail.

    

       EQUITY
        TRANSFER AGREEMENT 

     

      This
        AGREEMENT is dated 11th
        August
        2005, 

    

      BETWEEN:

    

      (1)
        Subscriber: Mr. Song Jinan (“Subscriber 1”)

      Nationality:
        The People’s Republic of China (“China”)

      Identity
        Number: 230102196207080414

      Address:
        Rm1101, No1 Ave 1189 Jinqiao Rd, Pudong District, Shanghai.

    

      Subscriber:
        Ms. Yan Li (“Subscriber 2”)

      Nationality:
        The People’s Republic of China (“China”)

      Identity
        Number: 230102196207080414

      Address:
        Rm1101 No1 Ave 1189 Jinqiao Rd, Pudong District, Shanghai.

    

      Subscriber:
        Mr. Huang Weida (“Subscriber 3”)

      Nationality:
        The People’s Republic of China (“China”)

      Identity
        Number: 310110620916681

      Address:
        No 8 Jiaosheng Building, Fudan University, Handan Rd,
        Shanghai.

    

      Subscriber:
        Ms. Yan Yihong (“Subscriber 4”)

      Nationality:
        The People’s Republic of China (“China”)

      Identity
        Number: 410102630529302

      Address:
        No2 Building No18, No223 Funiu Rd, Zhongyuan District, Zhengzhou

    

      (the
        Subscriber 1, the Subscriber 2, the Subscriber 3 and the Subscriber 4
        collectively the “Subscribers” )

    

      (2)
        Sinosmart Group Inc., a company incorporated in the British Virgin Islands
        and
        having its registered office at Suite 3204-5, Great Eagle Centre, 23 Harbour
        Road, Wanchai, Hong Kong. (“SGI”); and

    

      (3)
        Shareholder of SGI: Ms. Kwok Kin Kwok

      Nationality:
        Hong Kong

      Identity
        Number: P337572 (6)

      Address:
        Room 3712, Convention Plaza, 1 Harbour Road, Wanchai, Hong
        Kong.

    

      (the
        Subscribers, SGI, and the Shareholder of SGI hereafter be named each of the
        “Party” and collectively the “Parties”).

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

      WHEREAS:

      (A)
        Subscribers and Shanghai Shengyuan Estate Co., Ltd (‘Shanghai Shengyuan’) are
        former shareholders of Shanghai Shining Biotechnology Co., Ltd (‘ Shining’)
        (Subscribers and Shanghai Shengyuan collectively the “ Former Shining
        Shareholders” ).

    

      (B)
        The
        Former Shining Shareholders and SGI entered the subscription agreement
        (“Subscription Agreement”) on 11th
        August
        2005. Pursuant to the Subscription Agreement, the Former Shining Shareholders
        agreed to transfer the entire equity interest of Shining to SGI in the
        consideration of RMB18, 351,200 (“Consideration”). 

    

      (C)
        The
        Shareholder of SGI is the sole shareholder and sole director of
        SGI.

    

      (D)
        The
        Subscribers, SGI and the Shareholder of SGI agreed to enter into a supplemental
        agreement as a part of the Subscription Agreement relating to transfer the
        entire equity interest of Shining, to supplement the Subscribers to acquire
        the
        shares of SGI. 

     

      1. 
Acquisition
        of the shares of SGI

     

      1.1
        SGI
        and the Subscribers agree and confirm that the Former Shining Shareholders
        are
        willingness to sell the entire equity interest under the Consideration as
        a
        priority conditions, and SGI and the Shareholder of SGI agree with the
        Subscribers that after the completion of Subscription Agreement and within
        the
        three months from the date of SGI to become the sole shareholder of Shining,
        SGI
        shall issue a share to the Subscribers and the Subscribers shall agree under
        the
        terms and conditions of the Agreement to subscribe the shares of SGI as listed
        below. 

    

      
        	
                Subscribers

              	
                Number
                  of Share (Par value at US$1 per share)

              	
                Subscription
                  Amount

                (US$)

              
	
                Subscriber
                  1 

              	
                4,545

              	
                4,545

              
	
                Subscriber
                  2

              	
                2,655

              	
                2,655

              
	
                Subscriber
                  3

              	
                1,350

              	
                1,350

              
	
                Subscriber
                  4

              	
                450

              	
                450

              
	 	
                9,000

              	
                9,000

              

      

    

      (The
        mentioned 9,000 shares of SGI at par value US$1 is named as “Subscription
        Share”)

    

      1.2
        SGI
        agreed to issue the Subscription Shares to the Subscribers subject to 1.1
        above,
        and the Shareholder of SGI agreed to be approval for the issuance of the
        Subscription Share to the Subscribers by the relevant board meeting and
        resolution of the board of SGI and registered the name of the Subscribers
        to the
        list of members of SGI .

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

      
2.
        Other
        commitments

    

      2.1
        The
        Agreement is an essential condition of the entire transaction of shares transfer
        of Shining and to be legal binding with the same of the Subscription
        Agreement.

    

      2.2
        The
        Parties hereby confirm that the Agreement will be legal binding upon
        signing

    .
      

      2.3
        This
        Agreement shall be governed by and construed in accordance with the laws
        for the
        time being in force in China. In case of any disputation, it shall be resolved
        subject to the clause of 6 in the Subscription Agreement.

    

      2.4
        There
        shall be 6 copies of the Agreement for each party. 

     

      Signature
        Page

      
        	
                Subscriber
                  1:

                 /s/
                  Jinan Song(Signature)

                Name:
                  Jinan Song

              
	
                Subscriber
                  2

                 /s/
                  Li Yan(Signature)

                Name:
                  Li Yan

              
	
                Subscriber
                  3

                 /s/
                  Weida Huang(Signature)

                Name:
                  Weida Huang

              
	
                Subscriber
                  4

                 /s/
                  Yihong Yan(Signature)

                Name:
                  Yihong Yan

              

      

    

      SINOSMART
        GROUP INC

      Authorized
        Designate:

      Name:
        Jin
        an Song

       /s/
        Jin an Song (Signature)

    

      Shareholder
        of SGI: 

       /s/
        Kwok Kin Kwok (Signature)

      Name:
        Kwok Kin KwokUnassociated Document

      Exhibit
        10.14

      For
        reference only. In case there is any discrepancy in the contents between
        the

      English
        and the Chinese versions, the Chinese version shall
        prevail.

     

      SUBSCRIPTION
        AGREEMENT

     

      Parties:

    

      Party
        A1
        (vendor): Mr. Song Jinan, a shareholder of Shanghai Shining Biotechnology
        Co.
        Ltd.;

    

      Party
        A2
        (vendor): Ms. Yan Li, a shareholder of Shanghai Shining Biotechnology Co.
        Ltd.;

    

      Party
        A3
        (vendor): Mr. Huang Weida, a shareholder of Shanghai Shining Biotechnology
        Co.
        Ltd.;

    

      Party
        A4
        (vendor): Ms. Yan Yihong, a shareholder of Shanghai Shining Biotechnology
        Co.
        Ltd.; and

    

      Party
        A5
        (vendor): Shanghai Shengyuan Estate Co. Ltd, a shareholder of Shanghai Shining
        Biotechnology Co. Ltd.;

     

      and

    

      Party
        B
        (purchaser): SINOSMART GROUP INC.

      Place
        of
        incorporation: the British Virgin Islands

      Legal
        representative: Ms. Kwok Kin Kwok

      Designation:
        Executive Director

      Nationality:
        Hong Kong, China

    

      Shanghai
        Shining Biotechnology Co. Ltd (“Shining” or “Company”) is a domestic joint
        venture enterprise and was established on 20th
        August
        1999 with the registered capital of RMB 20,480,000. Shining is engaged in
        manufacturing of the microbial capsule and functional food (excluding of
        drug);
        sales of chemical products (excluding of dangerous goods), research and
        development of drugs, nonferrous metals and garments; and the operation of
        the
        exported business of the Company’s products and the imported business of
        required plant and machinery, accessories, raw materials and auxiliary
        materials. The Company is included the corporate shareholders of Shining.
        The
        shareholders and their shareholding are Mr. Song Jinan (50%), Ms. Yan Li
        (29.50%), Mr. Huang Weida (15%), Ms. Yan Yihong (5%) and Shanghai Shengyuan
        Estate Co. Ltd (0.50%) respectively. As of the date of the Agreement, the
        net
        assets value of the Company is RMB18, 320,000. By the resolution of the board
        of
        directors of Shining, it agreed all the Parties A to transfer the entire
        equity
        interest of Shining to Party B with the consideration. Party A1, Party A2,
        Party
        A3, Party A4, Party A5 and Party B shall enter this Agreement. The terms
        and
        conditions are as follows:-

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

      1.
        It
        agreed the shareholders of Shanghai Shining Biotechnology Co. Ltd to transfer
        the entire equity interest of Shining to Sinosmart Group Inc. The substance
        of
        the Company shall change from domestic enterprise to the wholly foreign owned
        enterprise.

     

      (i)
        it
        agreed with Mr. Song Jinan to transfer all of his shares of the Company,
        represented 50% shareholding of the Company, to Sinosmart Group Inc. in the
        consideration of RMB9,160,000;

    

      (ii)
        it
        agreed with Ms. Yan Li to transfer all of her shares of the Company, represented
        29.50% shareholding of the Company, to Sinosmart Group Inc. in the consideration
        of RMB5,404,400;

    

      (iii)
        it
        agreed with Mr. Huang Weida to transfer all of his shares of the Company,
        represented 15% shareholding of the Company, to Sinosmart Group Inc. in the
        consideration of RMB2,748,000;

    

      (iv)
        it
        agreed with Ms. Yan Yihong to transfer all of her shares of the Company,
        represented 5% shareholding of the Company, to Sinosmart Group Inc. in the
        consideration of RMB916,000; and

    

      (v)
        it
        agreed with Shanghai Shengyuan Estate Co. Ltd to transfer all of its shares
        of
        the Company, represented 0.50% shareholding of the Company, to Sinosmart
        Group
        Inc. in the consideration of RMB122, 800.

    

      2.
        The
        consideration should be paid on the following terms and
        method.

    

      After
        the
        Agreement is approved by the authority in China, Party B shall pay in full
        amount at once to Party A1, Party A2, Party A3, Party A4 and Party A5 within
        three months. The full consideration shall be paid by equivalent US dollar
        in
        the method of cash remittance.

    

      3.
        One of
        the Parties A shall handle the process of instrument of
        transfers.

    

      4.
        After
        the approval of the authority in China and obtaining the registered business
        license, Party A1, Party A2, Party A3, Party A4 and Party A5 shall not possess
        any interests of Shining and shall not liable to any liabilities and debts
        of
        Shining. Meanwhile, Party B shall possess the interests of Shining and liable
        to
        the debts of Shining.

    

      5.
        Breach
        of the Agreement

    

      (a)
        If
        Party B did not pay the full amount of the consideration on the due date,
        Party
        B shall pay the extra charges which is on 0.5% of the outstanding balance
        of the
        payment as a fine, to Party A1, Party A2, Party A3, Party A4 and Party
        A5.

    

      (b)
        If
        the overdue payment is more than 30 days, Party A1, Party A2, Party A3, Party
        A4
        and Party A5 have a right to terminate the Agreement, then Party B shall
        cover
        all the loss of Party A1, Party A2, Party A3, Party A4 and Party
        A5.

    

      6.
        Disputation.

      Both
        parties shall carry out the Agreement on bona fide and faithful performance.
        In
        case of any dispute on the performance, both parties shall negotiate to resolve.
        If both parties cannot compromise in the negotiation, either party have the
        right to go to the Pudong New District Court for the
        arbitration.

    

      7.
        The
        Agreement will be effective along with the authorized approvals and seals
        and
        signatures by both parties.

    

      8.
        Amendment and Modification. 

      Both
        parties would negotiate to reach a supplemental agreement for any amendment
        and
        modification. The supplemental agreement and this Agreement are legally binding.
        There shall be 11 signed copies in which one copy will be distributed for
        each
        of Parties A and Party B, two copies will be filed to approval authority
        and the
        Industrial and Commercial Department in China and the rest copies will be
        retained for the further use.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

      Signing
        Parties,

    

      Party
        A1
        (Vendor):   /s/
        Song Jinan________________(Signature)
        

      Mr.
        Song
        Jinan

    

    

    

      Party
        A2
        (Vendor):      /s/
        Yan Li_______________(Signature)
        

      Ms.
        Yan
        Li 

    

    

    

      Party
        A3
        (Vendor):    /s/
        Huang Weida_______________(Signature)
        

      Mr.
        Huang
        Weida

    

    

    

      Party
        A4
        (Vendor):      /s/
        Yan Yihong_____________(Signature)
        

      Ms.
        Yan
        Yihong 

    

    

    

      Party
        A4
        (Vendor):     /s/
        Liu Kin Xi (Co.Chop)
        

          Legal
        representative

      Shanghai
        Shengyuan Estate Co. Ltd. 

    

    

    

      Party
        B
        (Purchaser): SINOSMART GROUP INC

    

      Legal
        representative or Authorized representative:   
/s/
        Kwok
        Kin Kwok (Signature)
        

     

      Signing
        Date: 11-August-2005

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