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                                                                     EXHIBIT 4.3

                       EQUITY INTEREST TRANSFER AGREEMENT

<TABLE>
<S>                      <C>                             <C>
Transferor:              Nam Tai Electronic & Electrical Products Limited (hereinafter called "Party A")

Address:                 15/F, China Merchants Tower, Shun Tak Centre, 168-200 Connaught Road Central,
                         Hong Kong

Legal Representative:    Wong Kuen Ling                  Title: Managing Director

Authorised Agent:        Fu Xiao Jiang

Transferee:              Nam Tai Electronic & Electrical Products Limited
                         (hereinafter called "Party B")

Address:                 Century Yard, Cricket Square, Hutchins Drive, P.O. Box 2681, GT, George Town,
                         Grand Cayman, Cayman Islands, British West Indies

Legal Representative:    Wong Kuen Ling                  Title: Managing Director

Authorised Agent:        Wu Liu Fung
</TABLE>

Namtai Electronic (Shenzhen) Co., Ltd. (hereinafter called the "Company") was
approved by the Shenzhen Municipal People's Government for establishment on 24th
June 1989 and was wholly foreign owned by Party A with registered capital of
US$90 million. Pursuant to the board of directors' approval, Party A shall
transfer its 100% equity interest in the Company to Party B.

NOW IT IS HEREBY AGREED by both parties as follows:

I.    Consideration, Payment Date and Form of Share Transfer

1.    Party A is the owner of 100% equity interest in the Company with a fully
      paid up registered capital of US$90 million pursuant to the Articles of
      Association of the Company. Party A hereby agreed to transfer its 100%
      equity interest in the Company at a consideration of US$90 million to
      Party B.
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2.    Party B shall pay to Party A in a lump sum the amount and currency as
      stipulated in Clause 1 within 3 days from the effective date of this
      Agreement.

II.   Rights and Obligations of Both Parties

1.    Party A warrants that it is has the absolute right to dispose of the
      equity interest to be transferred in the Company to Party B. Party A
      further warrants and represents to Party B that there is no mortgage
      created over the equity interest and no claim has been made by any third
      party. Otherwise, Party A shall indemnify Party B against all economic
      losses and legal liabilities arising out of breach of the foregoing.

2.    All profits and liabilities shall pass to Party B upon the effective date
      of this Agreement.

III.  Liability for Breach of Agreement

1.    Upon the coming into effect of this Agreement, unless otherwise agreed by
      the other party, this Agreement may not be terminated by either party. The
      defaulting party shall compensate the other party for any economic losses
      suffered by the other party.

2.    In the event that Party B fails to pay the consideration sum to Party B on
      the agreed date of payment, Party B shall pay to Party A 0.01% of the
      contract sum for each day of delay which shall be without prejudice to any
      claim of economic losses suffered by Party A as a result of delay in
      payment by Party B.

IV.   Disputes

      The parties shall endeavour to resolve any disputes amicably, failing
      which either party may take the legal proceedings to the local people's
      courts.

V.    Effective Date

      This Agreement shall take effect from the date of signing and notarisation
      of this Agreement and registration for the change shall be handled at the
      State
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      Administration for Industry and Commerce.

VI.   This Agreement shall be executed in 6 copies with the same legal status. A
      copy each will be held by Party A, Party B, the notary public and other
      relevant departments.

Party A: Nam Tai Electronic & Electrical Products Limited

Legal Representative:    Authorised Agent:

Party A: Nam Tai Electronic & Electrical Products Limited

Legal Representative:    Authorised Agent:

                                                         Shenzhen, 3rd July 2003<PAGE>
                                                                     EXHIBIT 4.7

                            Real Property Certificate

No sale and purchase is allowed for the real property as stipulated in this
certificate. Any mortgage (pledge) or lease shall be subject to the relevant
regulations.
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                                      OWNER

Namtai Electronic (Shenzhen) Co., Ltd. (100%)****************************

                                      LAND

<TABLE>
<S>                    <C>                         <C>                         <C>
Land No.               A116-0018                   Land Area                   26,313.9m2
Land Use               Industrial                  Location                    Baoan District
Location               Xixiang Town, Baoan District
Lease term             50 years from 26 April 1999 to 25 April 2049
</TABLE>

                          Shenzhen Land No. 5000109464
                                   (Original)

         Shenzhen Municipal Bureau of Planning and Land Resources (Chop)

                       Registration Date 16 February 2004
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                         BUILDING AND OTHER ATTACHMENTS

<TABLE>
<S>                     <C>    <C>                                      <C>
Name of real property   Nil
Construction Area       Nil    Construction Area inside boundary        Nil
Purpose                 Nil    Completion Date                          Nil
Registered price        RMB4,210,224.00
</TABLE>

                     SUMMARY OF OTHER RIGHTS AND APPENDICES

1.    The subject land is based on negotiated price (discounted land price) and
      is for industrial use based 1n the land price of RMB4,210,224.00;

2.    The plot ratio of the total allowable construction area of the subject
      land is 37,600 square meters of which the factory premises is 24,608
      square meters, office building is 7,698 square meters, staff quarters is
      3,894 square meters and other ancillary facilities is 1,400 square meters.
<PAGE>

                                 POINTS TO NOTE

(1)     The land use right and buildings together with all attachments on the
        land registered under this "Real Property Certificate" take effect upon
        the affixing of the chop of the Shenzhen municipal government and is
        entitled to protection under the laws of PRC and shall not be infringed
        by any other parties.

(2)     The real property rights land owner shall comply with the laws,
        regulations of PRC and relevant real property administration authority.

(3)     Any transfer, change or mortgage of real property rights shall be
        subject to the relevant procedures and shall be registered.

(4)     This certificate shall not be amended. Any alteration without
        authorization made will be ineffective and will be pursued against the
        relevant person.

                    Issued by the Shenzhen Municipal People's Government Office<PAGE>

                                                                     EXHIBIT 4.9

                                                                  Execution copy

THIS MEMORANDUM OF UNDERSTANDING is made 26 March 2004 between

(1)   Nam Tai Electronic and Electrical Products Limited ("NTEEP"), a company
      incorporated in Hong Kong with limited liability and having its registered
      address at 15th Floor, China Merchants Tower, Chun Tak Centre, 168-200
      Connaught Road Central; and

(2)   Namtai Electronic (Shenzhen) Company Limited ("NTSZ"), a company
      incorporated in Shenzhen, the PRC with limited liability and having its
      address at Gusu Industrial Estate, Xixiang Town Baoan District, Shenzhen,
      the PRC.

WHEREAS:-

(A)   NTEEP and NTSZ are both wholly owned subsidiaries of Nam Tai Electronics,
      Inc.( "NTEI"), a company incorporated in the British Virgin Islands which
      shares are listed on the New York Stock Exchange.

(B)   NTSZ is an electronics manufacturing and design services provider. NTEEP
      is an investment holding company and was previously the immediate holding
      company of NTSZ. Prior to the Restructuring (as defined below), NTSZ used
      to sell its consumer electronics and communications products ("PRODUCTS")
      to NTEEP which then sold the Products to the ultimate customers.

(C)   At the direction of NTEI, an internal restructuring for the purpose of
      business efficacy ("RESTRUCTURING") was conducted since mid June 2003, as
      a result of which those sales coordination and marketing functions
      previously carried out by NTEEP in connection with the Products such as
      arranging invoicing, handling of customer purchase orders and conducting
      marketing activities ("BUSINESS"), which was essenitally clerical and
      administrative in nature, was assumed by NTSZ. The Restructuring was
      completed by end of December 2003.

(D)   The purpose of this Memorandum is to confirm the respective rights and
      liabilities of NTEEP and NTSZ under the Restructuring.

IT IS HEREBY CONFIRMED that:

1.    Pursuant to the Restructuring, NTEEP had, since June 2003, arranged to
      transfer all existing customer contracts to NTSZ by novation or by NTSZ
      entering into a new contract with customer. By 31 December 2003, all the
      then existing customers of NTEEP had signed separate new contracts with
      NTSZ.

2.    NTEEP has, since 1 August 2003, ceased to take any purchase orders from
      customers in relation to the Business. NTEEEP now only acts as an
      investment holding company holding certain land and properties in Hong
      Kong for NTEI and will remain

                                       1
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      to be so in the foreseeable future. NTEEP has not (since 1 August 2003)
      and will not in the future engage itself in any businesses similar to that
      of the Business now conducted by NTSZ.

3.    Title to and risk in the property, undertaking, rights and assets (if any)
      of the Business passed to NTSZ upon its assumption of the Business from
      NTEEP. NTEEP will be liable in respect of anything done or omitted to be
      done up to the assumption of Business by NTSZ and NTSZ will be liable in
      respect of anything done or omitted to be done thereafter in relation to
      the carrying on of the Business. NTEEP on the one part and NTSZ on the
      other part will indemnify each other in full accordingly. In particular,
      for those account receivables subsisting as of 1 August 2003 and
      thereafter, NTSZ agrees to indemnify and hold NTEEP harmless from all
      losses and expenses which NTEEP may sustain or incur as a result of
      non-performance of the relevant customer contracts.

SIGNED BY                                 )
on behalf of                              )
Nam Tai Electronic and Electrical         )
Products Limited                          )
in the presence of:-                      )

SIGNED BY                                 )
on behalf of                              )
Nam Tai Electronic (Shenzhen)             )
Company Limited                           )
in the presence of:-                      )

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