Document:

FL(FULL
      PAYOUT):2009

              

            	
              Exhibit 10.2

            

    

    

    Leasing
Agreement

    Agreement Number: MSL09092901

     

    Lessee
Details

    
      	
              Lessee:
      Zhumadian Zhongpin Food Co., Ltd

            	
              Contact
      Name Jiangtao Jing

            	
              Business License Registration
      Number: 4128231004005

            
	
              Company
      Types:

            	
              ogovernment
      authority

            	
              o wholly
      foreign-owned enterprise

            	
              o private
      company

            	
              ostate-owned
      enterprise

            	
              üother (specify):
      limited liability company

            
	
              Address:
      Industrial Concentration Area, Suiping county, Zhumadian city, Henan
      province o

            
	
              Mailing
      Address: Financial Management Center No.21 Changshe Road, Changge City,
      Henan Province (461500)

               

            	
              Are
      you a customer of De lage lander currently? No

            
	
              Phone:0374-6219316

            	
                Fax:0374-6219316

            	
              Cell Phone No.:13837407550

            
	
              Bank:
      

              Agricultural
      Bank

              of
      China

            	
              Branch:
      Suiping
      Branch

            	
                Account
      Number:

                16-620101040003002

            	 
      

    

     

    Equipment
Details

    
      	
              Brand

            	
              Model

            	
              Serial
      Number

            	
              Date
      of Manufacture

            	 
      	 
      	 
      
	
              -

            	
              Slaughtering
      facilities, fleshing machine  (see equipment
    list)

            	 
      	 
      	
              new

            	
               √used

            	
              number
      of hours used (if used) o

            
	
              Expected
      Delivery Date: has been delivered

            	
              Delivery
      Address: Industrial Concentration Area, Suiping County, Zhumadian City,
      Henan Province

            	
              Place
      of Use: same as delivery address

            
	
              If
      the space of above table is not enough, other information about the
      equipments can be listed in the appendixes of this
    agreement.

            

    

     

    Payment
Details

    
      
        
          	
                  Down payment

                  Lessee
      should pay to lessor within (3) days after the commence date of this
      Leasing Agreement

                	
                  RMB
      [1,000,000,00]

                	 
      	
                  Please
      remit above fund to the following account of our company:

                  Beneficiary:
      Lachlan Dayton Financial Leasing (China) Co., Ltd.

                   

                  Bank:
      Industrial and Commercial Bank of China, Shanghai Branch, 2nd Sales
      Department

                  Account
      number: 1001190709016238345

                   

                   

                
	
                  Deposit:

                  Lessee
      should pay to lessor within (3) days after the commence date of this
      Leasing Agreement

                	
                  RMB [3,615,000,00]

                   

                
	
                  Management
      Fees:

                  Lessee
      should pay to lessor within (3) days after the commence date of this
      Leasing Agreement

                	
                  RMB
      [6,000,000,00]

                	 
      	
                  Before
      the commence date of lease, if the lessor adjust the rents agreed under
      this agreement, the adjusted rent will be effective immediately from the
      commence date of this agreement.

                   

                  After
      the commence date of lease, if the lessor adjusts the rents agreed under
      this agreement, the adjusted rents will become effective since the January
      1st after the year when People's Bank of China adjusts the corresponding
      RMB benchmark interest rate.

                   

                

        

      

    

    

    
      
        
          	 
      	
                  De
      Lage Landen (China) Co., Ltd.

                  
                    1105,
      11F, Azia Center,

                  

                  
                    1233
      Luijazui Ring Road, Pudong

                  

                  
                    Shanghai
      200120 China

                  

                  
                    Tel:
      +86 21 6888 9696

                  

                  
                    Fax:
      +86 21 6888 1530

                  

                	
                  Ex.
      10.2 - 1

                	 
      

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    
      
        	
                FL(FULL
      PAYOUT):2009

                

              	
                 

              

      

       

      Leasing
Details

      
        
          
            
              
                
                  	
                          Lease
      Term

                        	
                          [36]
      months

                        	 
      	
                          Payment
      at the beginning of the period: If the commence date of lease is a day
      between the 11th
      and 25th
      of a calendar month, the first instalment of rent shall be due on the
      25th
      of this month, if the commence date of lease is a day between the 26th
      of a calendar month and the 10th
      of next calendar month, the first instalment of rent shall be due on the
      10th
      of the next calendar month,. The rents for each subsequent phase will be
      due on corresponding days of the subsequent corresponding
      months.

                           

                          Payment
      at the end of the period: If the commence date of lease is a day between
      the 11th
      and 25th
      of a calendar month, the first instalment of rent shall be due on the
      25th
      of the [ ]th month, if the commence date of lease is a day between the
      26th
      of a calendar month and the 10th
      of next calendar month, the first instalment of rent shall be due on the
      10th
      of the [ ]th
      month counted from the next calendar month. The rents for each subsequent
      phase will be due on corresponding days of the subsequent corresponding
      months.

                           

                        
	
                          Rent
      for Each Period

                        	
                          RMB
      [1,205,000.00]

                        	 
      
	
                          Number
      of Instalments

                        	
                          [36]
      instalments

                        	 
      
	
                          √ monthly
      payment

                           ̈quarterly
      payment

                           ̈ half-year
      payment 

                            
      

                           

                           

                           

                          √ payment at the beginning of the
      period

                        
	
                          
                            opayment at the end of the
      period

                             

                             

                             

                          

                           

                        

                

              

            

          

        

      

      

      The
lessee has read, understood and agreed with this Leasing Agreement. Sign,
delivery of this leasing agreement, and payment of any instalment by lessee to
the lessor should only constitute an irrevocable offer issued by the lessee,
this leasing agreement will become effective and binding only after lessor
accepts and signs it.

      

      Lessee: Zhumadian
Zhongpin Food Co., Ltd

       

      (Seal and
Signature)

       

      /s/ Li
Haobin

       

      Date: November 4,
2009

      

      Lessor:
De Lage Landen (China) Co., Ltd.

      

      (Seal and
Signature)

      

      /s/ De
Lage Landen (China) Co., Ltd.

       

      Date: November
4, 2009

       

      
        
          	 
      	
                  De
      Lage Landen (China) Co., Ltd.

                  
                    1105,
      11F, Azia Center,

                  

                  
                    1233
      Luijazui Ring Road, Pudong

                  

                  
                    Shanghai
      200120 China

                  

                  
                    Tel:
      +86 21 6888 9696

                  

                  
                    Fax:
      +86 21 6888 1530

                  

                	
                  Ex.
      10.2 - 2

                	 
      

        

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	
                FL(FULL
      PAYOUT):2009

                

              	
                 

              

      

       

      Terms and
Conditions of Leasing Agreement

       

      1.
Leasing: For purpose of the sale and leaseback, according to the terms and
conditions of this leasing agreement, the lessor  has agreed to
purchase from and lease out to the lessee, the lessee agreed to sell to
lessor  and leaseback any equipment listed above and specified in the
Appendixes, including all exchange parts, maintenance parts, adjunction parts
and accessories ("Equipment"). The lessor and the lessee sign a separate
agreement for the sale and purchase of equipments.

      

      2.
Purchase, delivery and acceptance: The lessee relies entirely on their own
skills and judgments on choosing equipment and vendors, has not depend on the
lessor in any way, and has not been affected by the lessor, so the lessee takes
full responsibility for their choices and decisions. The lessee has purchased
and accepted equipments before the signing of this Agreement; the lessee
confirms that the equipments are in good working condition. The lessee shall
sign and submit to the lessor a taking-over certificate in the format provided
by lessor (see appendix). The taking-over certificate shall be sent out five
days after the signing of this Agreement. If the lessee fails to submit the
appropriate signed taking-over certificate to the lessor within the above time
limit, then the lessee will be deemed as accepting the equipments, under such
circumstance, the date of acceptance of equipment is fifth day after the signing
of this Agreement. Lessee signs taking-over certificates or be deemed as
accepting equipments under this section, this is to say that equipments in
perfect condition have been completely delivered to the lessee by the
lessor.

      

      3. Term
and payment: Lease term starts from the day of lease commencement date, and
continue until the expiration of the above lease term. Lease commencement date
is the day of lessor pays RMB [35,785,000.00] for the surplus amount of
equipments according to the amount agreed in the transfer contract (the
"Transfer Contract") signed by lessor and lessee, contract number of this
transfer contract is [MSL09092901-1]. The lessee should pay the rental of each
term based on the payment detail table. Rental payment obligations and other
obligations of the lessee are absolute and unconditional, without any reason,
including but not limited to, any cancellations, reduce, offset, anti-request or
other defences because of claims against the vendors or any third party the
lessee. This lease is irrevocable. If the People's Bank of China adjusts the RMB
benchmark interest rate of the same period, the lessor has the right to adjust
the rent accordingly. If the lessor adjusts the rentals agreed under this
agreement, the adjusted rentals will be effective on January 1 of the year after
the People's Bank of China adjusts the RMB benchmark interest rate over the same
period.

      

      4. Delay
penalty: If the lessee fails to pay any payables under the leasing agreement,
then the lessee shall, pay interest of these late payments to the lessor on a 2%
monthly interest rate from the due date until the actual payment date (including
the date before, of or after judgement).

      

      5. The
transfer of ownership of equipment: When the lease term expires, if there is no
event of default occurred, the ownership of equipments will be transferred to
the lessee for free, the leasing agreement shall be terminated.

      

      6.
Assurance and claims: The lessor only lease the equipments to the lessee
according to its "status quo". The lessor will not give any express or implied
warranty for the equipments, including but not limited to, warranty for
merchantability or fitness for a particular purpose of the equipments. Serious
consequence, indirect loss or loss of profits caused by any breach of warranties
or representations, or by the use or operation of the equipment, the lessor
assumes no responsibility. The lessor  confirms that the lessee is not
an associated company or agent of the vendor or manufacturer, then the
lessor  assumes no responsibility for any guarantees made by the
vendor and/or manufacturer. Lessee further confirms that equipment will be used
only for business purposes, not for personal, family or household purposes. If
the lessee suffers any damage or loss due to any defects of equipment delivery,
installation, inspection, use, operation, maintenance, equipment or software or
related services, or any breach of vendors or service providers, the lessee
should claim directly against vendor or other related parties, but shall not
carry out any recourse against the lessor, and such claim shall not affect the
lease payment obligations and any other obligations of lessee under this leasing
agreement.

      

      7.
Ownership and equipment inspection: Lessor has the ownership right of the
equipments and is the sole owner of the equipments. The lessee is only entitled
to use the equipments throughout the lease term by complying with all the terms
and conditions of this leasing agreement. The lessee shall take all necessary
measures to protect and ensure the ownership of the equipment by the lessor.
Unless there are prohibiting provisions under the laws and administrative
regulations, the lessor has the right to inspect equipments within a reasonable
time and stick markings on them to show the ownership of the equipments, the
lessee shall allow the lessor to enter into the location of the
equipments.

      

      
        
          	 
      	
                  De
      Lage Landen (China) Co., Ltd.

                  
                    1105,
      11F, Azia Center,

                  

                  
                    1233
      Luijazui Ring Road, Pudong

                  

                  
                    Shanghai
      200120 China

                  

                  
                    Tel:
      +86 21 6888 9696

                  

                  
                    Fax:
      +86 21 6888 1530

                  

                	
                  Ex.
      10.2 - 3

                	 
      

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	
                FL(FULL
      PAYOUT):2009

                

              	
                 

              

      

       

      8. The
usage, supply and maintenance: The lessee shall only store and use equipments on
the place of use of equipments. Without the prior written consent of the lessor,
the lessee shall not remove equipments; the lessor  may not refuse to
give consent without reasonable excuse. The lessee should use equipments in
safety, prudent and proper ways, and in accordance with the applicable insurance
policy, all applicable laws and regulations, as well as instructions of vendors
or manufacturers. Lessee shall keep the equipments in good maintenance and
working condition at their own expense, except for normal wear and tear. All
used or installed exchange parts, maintenance parts and adjunction parts of
equipment should automatically become the property of lessor. The lessee shall
ensure that the equipment is repaired by qualified personnel based on the
recommendations of vendors. The lessor is not responsible for the provision of
any maintenance or service for equipments. The lessee shall not in any case
allow the equipments in worn, corrosion or abnormal working environment. The
lessee shall not fix the equipments at any land, buildings or houses so that the
equipments becomes part of the land, buildings or houses.

      

      9.
Transfer: Without the prior written consent of the lessor, the lessee shall not
shift, sell, sublease, transfer, mortgage, pledge, lien the equipments and any
right under this agreement or set any encumbrances. The lessor can sell or
transfer the equipments, the leasing agreement or any right under this leasing
agreement without the prior written consent of the lessee, but should not affect
the right of the lessee to use the equipments under this leasing agreement. This
leasing agreement is binding on the transferee and successors of both parties of
this leasing agreement.

      

      10.
Insurance: During the lease term, the lessee shall based on the requirements of
lessor continually purchase the relevant insurance for the equipments at an
amount which is not less than the amount of the purchase price. The lessor is
the only beneficiary. The lessee will provide copies of insurance policy to the
lessor as required by the lessor. Purchasing these insurances by lessee does not
relieve the responsibility of lessee for loss or damage of the equipments. If
insured event occurs, the lessee shall immediately notify the lessor, and
provide all the necessary documents in order that the lessor can receive
insurance money.

      

      11. Loss
or damage: The lessee shall bear the loss, destruction or damage risk of
equipments. Any such loss, destruction or damage will not exempt the lessee from
any obligations under the leasing agreement. If the lessor believes these
equipments can not be repaired (including the economic irreversible), as
demanded by lessor, the lessee shall pay lessor all payable rentals lessee needs
to pay (but unpaid) at the natural expiration of the lease term, and other due
and outstanding amounts that lessee should pay to leaser under this leasing
agreement, deducting the insurances lessor has already received  for
this reason (if any), the leasing agreement will be terminated to when the
lessor receives such sum of money.

      

      12.
Compensation: Any loss or damage resulted from the installation, manufacturing,
conditions, use or operation of equipments, including but not limited to the
resulting personal injury or third party property damages, the lessor assumes no
liabilities. The lessee has agreed to compensate the lessor for all loss, damage
or claims caused by lessee, and keep leaser away from suffering such claims.
Even if this leasing agreement is terminated, the compensation provisions remain
effective.

      

      13.
Taxes: The lessor and the lessee shall pay their respective tax payables in
accordance with the laws and regulations of PRC. If after the commencement of
this leasing agreement, the laws of PRC amended, revised or added, leads to the
tax burden of the lessor  related to this leasing agreement increases,
including but not limited to, business tax, the lessee shall compensate the
lessor of the increase in the tax. The lessee shall be responsible for handling
the approval, registration, inspection and filings of equipments and this
leasing agreement in the relevant agencies and various formalities required by
laws and regulations and other provisions, and bear all related
costs.

      

      14.
Lessee assurance: The lessee makes representations and warranties herein: a) the
lessee has been granted proper authorization for signing, delivering and
performing this leasing agreement and conducting all necessary corporate
actions; b) the individual who signs this leasing agreement has been duly
authorized to sign; c) the lessee undertakes that all the necessary registration
procedures for approval has been performed; d) the lessee complies with all PRC
laws and regulations; e) the leasing agreement constitutes legal, valid and
binding obligations of the lessee that should be implemented according to the
provisions.

      

      15.
Deposits: No deposits accrue interest. Lessor may use any part of deposits for
remedy in the events of default, and offset other payables, delay penalties and
payable rentals in order, under such circumstances, the lessee shall immediately
make up the deducted amount of deposits. If no event of default occurs, the
deposits will be used to offset the ending rental. If the lessee rejects the
equipments or any event of default by lessee before the term commences, the
lessor has the right not to return the deposits.

      

      
        
          	 
      	
                  De
      Lage Landen (China) Co., Ltd.

                  
                    1105,
      11F, Azia Center,

                  

                  
                    1233
      Luijazui Ring Road, Pudong

                  

                  
                    Shanghai
      200120 China

                  

                  
                    Tel:
      +86 21 6888 9696

                  

                  
                    Fax:
      +86 21 6888 1530

                  

                	
                  Ex.
      10.2 - 4

                	 
      

        

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	
                FL(FULL
      PAYOUT):2009

                

              	
                 

              

      

       

      16.
Events of default: The occurrence of any of the following events constitutes an
event of default: A) the lessee failed to pay any rental or any other due sums;
B) the lessee, and/or guarantor violated any guarantee or any other obligations
under this leasing agreement, or the lessee, and/or guarantor of breaks any
other agreements with the lessor or with the members of Rabobank Group; C) the
lessee or any guarantor died; D) the lessee became bankrupted or can not pay due
debts; E) the lessee stops normal operations; F) all current management or key
personnel of the lessee have been replaced or cut back; G) the lessee merger or
consolidated with other entities, or transferred all or major assets, or the
leaser believes that ownership structure of the lessee has changed
substantially; H) the lessor believes that the financial position of lessee has
been worse substantially; I) the lessee, any guarantor or any partner
voluntarily or involuntarily filed in bankruptcy, liquidation, reorganization,
debt restructuring or similar relief application based on "PRC Enterprise
Bankruptcy Law," or other existing or future bankruptcy or liquidation laws and
regulations, or lessee, the guarantor or partner, or its main part of the assets
has been settled on particular trustee, receiver or liquidator; J) the lessor
believes that the operation of lessee has occurred some other significant
changes; K), ratio between the total consolidated debt ("Debt") and Earnings
Before Interest, Taxes, Depreciation and Amortization ("EBITDA") guaranteed
under this agreement (i.e. quotient derived from total liabilities divided by
EBITDA): (1) shall be less than [2.5] in fiscal year 2009, (2) shall be less
than [2.2] in fiscal year 2010, (3) shall be less than [2.0] in fiscal year
2011; L) under this Agreement within the warranty period, Interest Coverage in
the consolidated statements of guarantor shall be greater than 5 times; M )
under this agreement, within the warranty period, capitalized expenditure
("CAPEX") in the consolidated statements of guarantor should be less than RMB
0.6 billion.

      

      Under
this Leasing Agreement:

      

      Earnings
Before Interest, Taxes, Depreciation and Amortization ("EBITDA") means operating
profit before deducting any interest expense, related taxes, depreciation and
amortization expenses.

      

      Interest
coverage ratio ("Interest Coverage") means the quotient derived from EBITDA
divided by the paid interest.

       

      Capitalized
expenditures ("CAPEX") mean to the total amount of net investment of fixed
assets and financial assets.

      

      17.
Remedies: In the case of an event of default, the lessor may exercise one or
more of any following remedies: 1) announced that all the remaining unpaid
rentals within the lease term are become due and should be paid immediately,
require lessee to pay all rentals and any other payments incurred or expedited
under this leasing agreement and any other agreements; 2) requires the lessee to
pay fines for delay; 3) requires the lessee to return the equipments, and in the
case of the lessee failed to return the equipments, access to the place for
equipments and take back to the equipments autonomously or through the judicial
procedures; 4) terminates this leasing agreement; 5) requires the lessee to bear
all costs of the lessor arising from the execution of any of the rights and
remedies under this leasing agreement, including all costs generated from the
getting back, removal, storage, transportation, maintenance, sale and
disposition of equipment, as well as reasonable attorney fees; 6) requires the
lessee to compensate lessor for losses resulting from the breach of contract. If
the equipment has been returned to the lessor or the lessor has got back, the
lessor has the right to dispose the equipment by their-selves without noticing
the lessee. The net income after deducting costs and expenses of those disposals
will be used to pay the payment obligations of lessee, if not enough, the lessee
should continue to compensate. If there is money left after the repayment, those
money belongs to the lessor.

      

      18.
Termination: If the lessee refuses to issue taking-over certificate, or any
event of default occurred prior the commence date of term, the lessor has the
right to terminate the leasing agreement. If this leasing agreement terminated
for this reason or reasons that are not attributable to the lessor, the lessee
shall be responsible for and compensate for all losses and therefore costs
suffered by the lessor, including but not limited to the payments, taxes and
other payments that the lessor paid to the seller, government agencies and/or
any third party according to this leasing agreement. Except of having prior
written consent of the lessor, the lessee has no right to terminate this leasing
agreement.

      

      19.
Governing law and jurisdiction: This leasing agreement shall be governed by PRC
laws. Any dispute arising from or related to this leasing agreement, if cannot
be negotiated, should be submitted to the Shanghai-based China International
Economic and Trade Arbitration Commission Shanghai Branch, shall be arbitrated
in accordance with its arbitration rules. The arbitral tribunal shall be
consisted by three arbitrators, the lessor and the lessee can choose their
respective arbitrator, presiding arbitrator shall be appointed in accordance
with its arbitration rules by the Arbitration Commission. Arbitration award is
the final and binding upon both parties, and the costs of arbitration shall be
borne by the losing party.

      

      20.
Notice: The written notice shall be considered as arrived according to the
following methods: If handed by specially-assigned person, at the time of
delivery; if by mail, then at the time of mail was posted and prepaid, and on
the 5th day after being putted in the envelope with the correct address, the
correct address should be the above-mentioned address of lessee and the address
specified on the invoice that lessor issued to the lessee, or any other address
provided any party later on in writing; if by fax, at the time of receiving
identifiable documents. If the communication is received at non-business day or
after the business hours of the receiving unit, it will only be considered as
arrived at the next business day of the receiving unit.

      

      
        
          	 
      	
                  De
      Lage Landen (China) Co., Ltd.

                  
                    1105,
      11F, Azia Center,

                  

                  
                    1233
      Luijazui Ring Road, Pudong

                  

                  
                    Shanghai
      200120 China

                  

                  
                    Tel:
      +86 21 6888 9696

                  

                  
                    Fax:
      +86 21 6888 1530

                  

                	
                  Ex.
      10.2 - 5

                	 
      

        

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	
                FL(FULL
      PAYOUT):2009

                

              	
                 

              

      

       

      21.
Offset: The lessor is entitled to use any payments of the lessee to directly
offset the rental payables, delay fines or any other payables should be paid by
the lessee. Unless having the prior written consent of the lessor, the lessee
shall not unilaterally offset any of its debt with the lessor against any of its
credit with lessor, even though the credits and debts matured.

       

      22.
Cumulative rights: Each right or remedy of the lessor under the leasing
agreement are cumulative and not exclude any rights or remedies conferred
bylaw.

      

      23.
Entire agreement; severability: This Agreement constitutes the full leasing
agreement regarding the equipments between the lessor and the lessee, replaces
any previous understandings and agreements. Written documents which are not
signed by both parties, any waiver, amendment or change of the terms of this
leasing agreement, will not be binding on any party. If any provision of this
leasing agreement is invalid or unenforceable for any reason, that provision
shall be treated as divisible from other provisions of this Agreement and does
not affect or prejudice the validity and enforceability of other provisions. If
this leasing agreement is invalid because of the lessee, such invalidity shall
not affect the validity of provision 17 of this leasing agreement, the lessor
has the right based on this provision to the extent permitted by law, requires
the lessee to compensate for all direct and indirect losses suffered by the
lessor.

      

      
        
          	 
      	
                  De
      Lage Landen (China) Co., Ltd.

                  
                    1105,
      11F, Azia Center,

                  

                  
                    1233
      Luijazui Ring Road, Pudong

                  

                  
                    Shanghai
      200120 China

                  

                  
                    Tel:
      +86 21 6888 9696

                  

                  
                    Fax:
      +86 21 6888 1530

                  

                	
                  Ex.
      10.2 - 6

                	 
      

        

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	
                FL(FULL
      PAYOUT):2009

                

              	
                 

              

      

       

      Appendix

       

      Form of
Acceptance Certificate

       

      To: De Lage Lander (China) Co., Ltd.
("Lessor")

       

      Acceptance
Certificate

      

      This
acceptance certificate is the taking-over certificate for the No. [MSL09092901]
leasing agreement (the "Agreement") between us.

       

      This
certificate is the taking-over
certificate described in provision 2 of this agreement.

       

      Unless
otherwise provided herein, the bold terms in this acceptance certificate should
have the same meaning as in the agreement.

       

      Under the
terms of the agreement, we acknowledge that:

      (a) we
have fully examined the following equipments;

      (b)
equipments are in good condition, meet our requirements in all
respects;

      (c) we
hereby confirm that we have fully accepted the equipments; and

      (d) by
signing this acceptance certificate, we herein clearly, unconditionally and
irrevocably authorized the lessor pay for the equipments at the purchase price
to the transferor under the "Transfer Contract".

      

      
        Equipment
List

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              	
                                      Name of Equipment 

                                    	 	
                                      Supplier (Manufacturer)

                                    	 	
                                      Model

                                    	 	
                                      Transfer Price

                                    	 	 	
                                      Device ID

                                    	 
	
                                      Liquid
      Ammonia Refrigeration Screw Compressor Unit (Including Controlling
      Cabinet)

                                    	 	
                                      Yantai Moon Co., Ltd.

                                    	 	
                                      KA20CBY

                                    	 	 	515,523.17	 	 	
                                      020001

                                    	 
	
                                      Liquid
      Ammonia Refrigeration Screw Compressor Unit (Including Controlling
      Cabinet)

                                    	 	
                                      Yantai Moon Co., Ltd.

                                    	 	
                                      KA16CBY

                                    	 	 	258,810.47	 	 	
                                      020002

                                    	 
	
                                      Liquid
      Ammonia Refrigeration Screw Compressor Unit (Including Controlling
      Cabinet)

                                    	 	
                                      Yantai Moon Co., Ltd.

                                    	 	
                                      JKA12.7CBY

                                    	 	 	259,211.02	 	 	
                                      020003

                                    	
                                       

                                    
	
                                      Liquid
      Ammonia Refrigeration Screw Compressor Unit (Including Controlling
      Cabinet)

                                    	 	
                                      Yantai Moon Co., Ltd.

                                    	 	
                                      KA20CBY

                                    	 	 	174,937.81	 	 	
                                      020004

                                    	 
	
                                      Liquid
      Ammonia Refrigeration Screw Compressor Unit (Including Controlling
      Cabinet)

                                    	 	
                                      Yantai Moon Co., Ltd.

                                    	 	
                                      KA16CBY

                                    	 	 	258,810.47	 	 	
                                      020005

                                    	 
	
                                      Siphon
      Pot

                                    	 	
                                      Yantai Moon Co., Ltd.

                                    	 	
                                      UZ-3.5

                                    	 	 	232,157.72	 	 	
                                      020006

                                    	 
	
                                      Liquid
      Reservoir

                                    	 	
                                      Yantai Moon Co., Ltd.

                                    	 	
                                      ZA-10

                                    	 	 	34,991.31	 	 	
                                      020007

                                    	 
	
                                      Low
      Pressure-Cycled Barrel

                                    	 	
                                      Yantai Moon Co., Ltd.

                                    	 	
                                      ZDX-4L

                                    	 	 	55,119.62	 	 	
                                      020012

                                    	 
	
                                      Ammonia
      Storage Tank

                                    	 	
                                      Yantai Moon Co., Ltd.

                                    	 	
                                      ZA-5

                                    	 	 	10,869.77	 	 	
                                      020013

                                    	 
	
                                      Horizontal
      Evaporator

                                    	 	
                                      Yantai Moon Co., Ltd.

                                    	 	
                                      WZA-200

                                    	 	 	57,234.14	 	 	
                                      020014

                                    	 
	
                                      Shielded
      Ammonia Pump

                                    	 	
                                      Dalian
      Hermetic Pump Co., Ltd

                                    	 	
                                      CAMA2/4

                                    	 	 	31,724.42	 	 	
                                      020015

                                    	 
	
                                      All-in-one
      New Blower Set

                                    	 	
                                      Yantai
      Moon Co., Ltd.

                                    	 	
                                      AHDFS120H

                                    	 	 	11,632.22	 	 	
                                      020016

                                    	 
	
                                      Small
      Pump (Kay-Chuen),  Glycol Circulating Pump

                                    	 	
                                      Shanghai
      Kaiquan Pump Limited Liability Company

                                    	 	
                                      FLG25-160

                                    	 	 	5,408.58	 	 	
                                      020020

                                    	 
	
                                      Evaporated
      Condenser

                                    	 	
                                      Long
      Hua Luoyang Refrigeration Equipment Co., Ltd.

                                    	 	
                                      ZFL2000

                                    	 	 	810,571.61	 	 	
                                      020021

                                    	 

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      

      
        
          	 
      	
                  De
      Lage Landen (China) Co., Ltd.

                  
                    1105,
      11F, Azia Center,

                  

                  
                    1233
      Luijazui Ring Road, Pudong

                  

                  
                    Shanghai
      200120 China

                  

                  
                    Tel:
      +86 21 6888 9696

                  

                  
                    Fax:
      +86 21 6888 1530

                  

                	
                  Ex.
      10.2 - 7

                	 
      

        

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	
                FL(FULL
      PAYOUT):2009

                

              	
                 

              

      

       

      
        
          
            
              
                
                  
                    
                      	
                              Hanging
      Air Cooler

                            	 	
                              Zhejiang
      Upwind Industrial Co., Ltd.

                            	 	
                              CFD-500A

                            	 	 	94,566.68	 	 	
                              020022

                            	 
	
                              Hanging
      Air Cooler

                            	 	
                              Zhejiang
      Upwind Industrial Co., Ltd.

                            	 	
                              CFD-400A

                            	 	 	641,088.43	 	 	
                              020023

                            	 
	
                              Hanging
      Air Cooler

                            	 	
                              Zhejiang
      Upwind Industrial Co., Ltd.

                            	 	
                              DFD-400A

                            	 	 	85,478.44	 	 	
                              020024

                            	 
	
                              Hanging
      Air Cooler

                            	 	
                              Zhejiang
      Upwind Industrial Co., Ltd.

                            	 	
                              DFJ-350A

                            	 	 	610,384.97	 	 	
                              020025

                            	 
	
                              Hanging
      Air Cooler

                            	 	
                              Zhejiang
      Upwind Industrial Co., Ltd.

                            	 	
                              GFJ-250A

                            	 	 	109,304.34	 	 	
                              020026

                            	 
	
                              Hanging
      Air Cooler

                            	 	
                              Zhejiang
      Upwind Industrial Co., Ltd.

                            	 	
                              DFD-200A

                            	 	 	44,704.25	 	 	
                              020027

                            	 
	
                              Hanging
      Air Cooler

                            	 	
                              Zhejiang
      Upwind Industrial Co., Ltd.

                            	 	
                              DFL-250-00

                            	 	 	319,316.00	 	 	
                              020028

                            	 
	
                              Hanging
      Air Cooler

                            	 	
                              Zhejiang
      Upwind Industrial Co., Ltd.

                            	 	
                              DFL-200-00

                            	 	 	133,867.07	 	 	
                              020029

                            	 
	
                              Air
      Conditioning System

                            	 	
                              Yantai
      Moon Co., Ltd.

                              Yixing
      City Huaxin Refrigeration Equipment Co., Ltd.

                              Zhejiang
      Upwind Industrial Co., Ltd.Henan Puyang Changxing Antiseptic Co.Ltd For
      Equipment, South of Henan Branch

                            	 	 
      	 	 	6,287,815.94	 	 	
                              020030

                            	 
	
                              Atlas
      Copco Screw Air Compressor

                            	 	
                              Henan
      Province, Guoxin Electrical Complete Equipment Co., Ltd.

                            	 	
                              GA22P-10

                            	 	 	166,890.05	 	 	
                              020031

                            	 
	
                              Fleshing
      Machine

                            	 	
                              Jining
      Xinglong Food Machine Manufacturing Co., Ltd.

                              Hicook

                            	 	 
      	 	 	15,017,074.20	 	 	
                              020032

                            	 
	
                              Slaughtering
      Equipment, Beam Production And Installation Engineering

                            	 	
                              Jining
      Xinglong Food Machine Manufacturing Co., Ltd.

                              Suiping
      County Henan Electric Installation Co., Ltd.

                            	 	 
      	 	 	6,274,333.35	 	 	
                              020033

                            	 
	
                              Kitchen
      Equipments

                            	 	 
      	 	 
      	 	 	71,393.11	 	 	
                              020034

                            	 
	
                              Sister
      Block

                            	 	 
      	 	
                              $65(stainless
      steel)

                            	 	 	59,249.23	 	 	
                              020035

                            	 
	
                              Corss
      Arm

                            	 	 
      	 	
                              L=520(stainless
      steel)

                            	 	 	22,430.01	 	 	
                              020036

                            	 
	
                              Bone
      Saw

                            	 	
                              Jiaxing
      Kai Machinery Manufacturing Co., Ltd.

                            	 	 
      	 	 	15,672.00	 	 	
                              020037

                            	 
	
                              Oil-Immersed
      Power Transformers, High And Low Pressure Cabinet

                            	 	
                              Suiping
      County Henan Electric Installation Co., Ltd.

                            	 	 
      	 	 	843,600.00	 	 	
                              020038

                            	 
	
                              Main
      Cable

                            	 	
                              Suiping
      County Henan Electric Installation Co., Ltd.

                            	 	 
      	 	 	1,309,337.45	 	 	
                              010001

                            	 
	
                              Pump

                            	 	
                              Shanghai
      East Pump (Group) Co., Ltd.

                            	 	 
      	 	 	86,117.45	 	 	
                              010002

                            	 
	
                              The
      Well

                            	 	
                              Henan
      Zhicheng Geological Engineering Co., Ltd.

                            	 	 
      	 	 	123,728.05	 	 	
                              010003

                            	 

                    

                  

                

              

            

          

        

      

       

      
        
          	 
      	
                  De
      Lage Landen (China) Co., Ltd.

                  
                    1105,
      11F, Azia Center,

                  

                  
                    1233
      Luijazui Ring Road, Pudong

                  

                  
                    Shanghai
      200120 China

                  

                  
                    Tel:
      +86 21 6888 9696

                  

                  
                    Fax:
      +86 21 6888 1530

                  

                	
                  Ex.
      10.2 - 8

                	 
      

        

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	
                FL(FULL
      PAYOUT):2009

                

              	
                 

              

      

       

      
        
          
            
              
                
                  
                    
                      	
                              Industrywasher

                            	 	
                              Taizhou
      Taifeng Machinery Equipment Manufacture Co., Ltd.

                            	 	 	 	15,817.50	 	 	
                              020039

                            	 
	
                              Industrial
      Spin-Drier

                            	 	
                              Taizhou
      Taifeng Machinery Equipment Manufacture Co., Ltd.

                            	 	 	 	9,666.20	 	 	
                              020040

                            	 
	
                              Industrial
      Drying Machine

                            	 	
                              Taizhou
      Taifeng Machinery Equipment Manufacture Co., Ltd.

                            	 	 	 	11,423.80	 	 	
                              020041

                            	 
	
                              WP
      Water Proofing Platform Scale 

                            	 	
                              Mettler
      - Toledo (Changzhou) Weighing Equipment System Co., Ltd.

                            	 	 	 	79,579.55	 	 	
                              020042

                            	 
	
                              Metal
      Detector

                            	 	
                              Shanghai
      Dangdang Electronic Technology Co., Ltd.

                            	 	 	 	28,119.95	 	 	
                              020043

                            	 
	
                              Door
      Insulation

                            	 	
                              Kaifeng,
      Central China Refrigeration Equipment Engineering Co.,
Ltd.

                            	 	 	 	2,372,625.00	 	 	
                              020044

                            	 
	
                              Airshower

                            	 	
                              Zhucheng
      Xinfeng Machinery Co., Ltd.

                            	 	 	 	142,357.50	 	 	
                              020045

                            	 
	
                              Lifting
      Platform For Unloading Pig

                            	 	
                              Changge
      Huanyu Automatic Door Facility

                            	 	 	 	16,696.30	 	 	
                              020046

                            	 
	
                              Ozone
      Generator

                            	 	
                              Zhengzhou
      Sankang Sino-Environment Tech

                            	 	 	 	44,106.91	 	 	
                              020047

                            	 
	
                              Iron
      Gate

                            	 	
                              Henan
      Xinzheng Kangda Machinery plant

                            	 	 	 	8,857.80	 	 	
                              020048

                            	 
	
                              Telescopic
      Door

                            	 	
                              Henan
      Xinzheng Kangda Machinery plant

                            	 	 	 	24,452.05	 	 	
                              020049

                            	 
	
                              Cold
      Storage Door

                            	 	
                              Yixing
      City Huaxin Refrigeration Equipment Co., Ltd.

                            	 	 	 	544,824.95	 	 	
                              020050

                            	 
	
                              Automatic
      Binding Machine

                            	 	
                              Shanghai
      Yiqun

                            	 	 	 	50,967.55	 	 	
                              020051

                            	 
	
                              Vertical
      Lift Gate

                            	 	
                              Henan
      Xinzheng Kangda Machinery plant

                            	 	 	 	13,181.25	 	 	
                              020052

                            	 
	
                              Stainless
      Steel Trench Cover

                            	 	
                              Henan
      Zhongpin food share Co., Ltd

                            	 	 	 	87,875.05	 	 	
                              010004

                            	 
	
                              Boiler
      Water Treatment

                            	 	
                              Xuchang
      Lanjian Maxtech Technologies Company  

                            	 	 	 	8,084.45	 	 	
                              010005

                            	 
	
                              Compressor

                            	 	
                              Henan,
      Guoxin Electrical Complete Equipment Co., Ltd.

                            	 	 	 	118,631.25	 	 	
                              020052

                            	 
	
                              Door
      Seal and Collision Device

                            	 	
                              Nanjing
      Tiannuo Cold Storage Door Co., Ltd

                            	 	 	 	39,807.30	 	 	
                              020053

                            	 
	
                              Stainless
      Steel web

                            	 	
                              Shandong
      Boxing Boda Kitchen Machinery Plant

                            	 	 	 	33,533.10	 	 	
                              020054

                            	 
	
                              Pre-Cooling
      Tray

                            	 	
                              Shandong
      Boxing Boda Kitchen Machinery Plant

                            	 	 	 	36,415.45	 	 	
                              020055

                            	 
	
                              Tool
      Storage Cabinet

                            	 	
                              Shandong
      Boxing Boda Kitchen Machinery Plant

                            	 	 	 	17,926.50	 	 	
                              020056

                            	 
	
                              Platform
      Scale

                            	 	
                              Zhengzhou
      Sethweighing Equipment System Co., Ltd

                            	 	 	 	36,907.50	 	 	
                              020057

                            	 
	
                              Livestock
      Scales, Track Scales

                            	 	
                              Mettler
      - Toledo (Changzhou) Weighing Equipment System Co., Ltd.

                            	 	 	 	75,133.05	 	 	
                              020058

                            	 
	
                              Sewage
      Treatment Equipment

                            	 	
                              Beijing
      Sida Chuangjie Environment Engineering Company Limited

                            	 	 	 	667,850.05	 	 	
                              020059

                            	 
	
                              Boilers

                            	 	
                              Zhengzhou
      Boiler Factory 

                            	 	 	 	281,199.95	 	 	
                              020060

                            	 
	
                              Production
      and Installation of Furnaces, and Chimneys, Hoods

                            	 	
                              Zhengzhou
      Boiler(Group) Co., Ltd

                            	 	 	 	48,578.25	 	 	
                              020061

                            	 

                    

                  

                

              

            

          

        

      

       

      
        
          	 
      	
                  De
      Lage Landen (China) Co., Ltd.

                  
                    1105,
      11F, Azia Center,

                  

                  
                    1233
      Luijazui Ring Road, Pudong

                  

                  
                    Shanghai
      200120 China

                  

                  
                    Tel:
      +86 21 6888 9696

                  

                  
                    Fax:
      +86 21 6888 1530

                  

                	
                  Ex.
      10.2 - 9

                	 
      

        
 

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	
                FL(FULL
      PAYOUT):2009

                

              	
                 

              

      

       

      
        
          
            
              
                
                  
                    
                      
                        
                          	
                                  Control
      Valve

                                	 	 
      	 	 	 	7,223.96	 	 	
                                  020062

                                	 
	
                                  Anti-Theft
      Window

                                	 	 
      	 	 	 	16,451.28	 	 	
                                  020064

                                	 
	
                                  Office
      Equipment

                                	 	 
      	 	 	 	34,814.10	 	 	
                                  030001

                                	 
	
                                  Bed

                                	 	 
      	 	 	 	37,549.73	 	 	
                                  030003

                                	 
	
                                  Tin

                                	 	
                                  Changyuan
      Slaughtering Equipment Operation Department

                                	 	 	 	74,110.86	 	 	
                                  020064

                                	 
	
                                  Freeze
      Frame

                                	 	 
      	 	 	 	20,893.90	 	 	
                                  020065

                                	 
	
                                  Hand
      Truck

                                	 	 
      	 	 	 	24,867.00	 	 	
                                  020066

                                	 
	
                                  Spare
      Wagon For Hot Fresh Food

                                	 	 
      	 	 	 	20,001.04	 	 	
                                  020067

                                	 
	
                                  Pre-Cooled
      Wheel Barrow

                                	 	 
      	 	 	 	26,787.02	 	 	
                                  020068

                                	 
	
                                  Plastic
      tray

                                	 	
                                  Xuzhou
      Tote Box Modeling Factory

                                	 	 	 	181,390.09	 	 	
                                  020069

                                	 
	
                                  Tote
      Box

                                	 	
                                  Xuzhou
      Tote Box Modeling Factory

                                	 	 	 	295,452.69	 	 	
                                  020070

                                	 
	
                                  Pulley

                                	 	 
      	 	 	 	15,592.77	 	 	
                                  020071

                                	 
	
                                  Console

                                	 	 
      	 	 	 	52,413.02	 	 	
                                  020073

                                	 
	
                                  Tote
      Box

                                	 	 
      	 	 	 	29,051.67	 	 	
                                  020076

                                	 
	
                                  Stripper

                                	 	 
      	 	 	 	47,170.81	 	 	
                                  020077

                                	 
	
                                  Tote
      Box

                                	 	 
      	 	 	 	40,841.87	 	 	
                                  020078

                                	 
	
                                  Sprinkler

                                	 	
                                  Henan
      Benma Company 

                                	 	 	 	28,194.12	 	 	
                                  040002

                                	 
	
                                  Air
      Conditioning

                                	 	
                                  Zhuhai
      Gree Electric Appliances or Guangdong Galanz Group Co Ltd

                                	 	 	 	34,594.04	 	 	
                                  030005

                                	 
	
                                  Computer

                                	 	 
      	 	 	 	65,957.67	 	 	
                                  030009

                                	 
	
                                  Computer
      Equipment

                                	 	 
      	 	 	 	98,670.80	 	 	
                                  030010

                                	 
	
                                  Total

                                	 	 
      	 	 	 	41,000,000.00	 	 	 	 

                        

                      

                    

                  

                

              

            

          

        

      

      

      
        	
                /s/ Li Haobin

              	 
      
	
                Zhumadian Zhongpin Food Co., Ltd (Seal)
      Signature

              
	
                Date

              

      

      

      
        
          	 
      	
                  De
      Lage Landen (China) Co., Ltd.

                  
                    1105,
      11F, Azia Center,

                  

                  
                    1233
      Luijazui Ring Road, Pudong

                  

                  
                    Shanghai
      200120 China

                  

                  
                    Tel:
      +86 21 6888 9696

                  

                  
                    Fax:
      +86 21 6888 1530

                  

                	
                  Ex.
      10.2 - 10Exhibit
10.3

      SC:S4:2009

      Transfer
Contract

      

      Contract
No.[MSL09092901-1]

      

      This
transfer contract was signed by the following parties on November 4, 2009 in
Shanghai.

       

      
        	
                (1)

              	
                Zhumadian
      Zhongpin Food Co., Ltd, registered address is Industrial Concentration
      Area, Suiping County, Zhumadian City, Henan Province, Postcode: ________,
      Tel:, 0374-6219316, Fax 0374-6219316 (“Transferor”):
  and

              

      

       

      
        	
                (2)

              	
                De
      Lage Landen (China) Co., Ltd. registered address Room 1105, AZIA Center,
      No.1233 Lujiazui Ring Road,Shanghai
      Pudong, Postcode 200120,Tel
      021-68889696,Fax
      021-68881530(“Transferee”).

              

      

       

      Whereas:

       

      1.
Transferor and vendors ("Vendor") of the equipment set out in Appendix One
("Equipment") signed a sales contract (collectively, the "Sales Contract") in
respect of the Equipment, (the transferor should provide the sales contracts and
copies of equipment invoices vendors issued to the lessee based on the request
of the transferee, and provide the original version of the sales contracts and
equipment invoices for verification in accordance with the requirements of the
transferee);

      
         

        2. Vendor
delivered the equipment to the transferor in year [2008];

      

      

      3.
Transferor agrees to sell the equipment to the transferee, the transferee agrees
to lease the equipment to the transferor at the same time, and entered a
financial leasing agreement (the "Leasing Agreement") with the transferor in
respect of financing leasing of equipment, the contract number is
[MSL09092901];

       

      Therefore,
through friendly consultation the two sides signed the following
provisions:

      

      1.
Transferor agreed to sell the Equipment to the transferee, the transferee agreed
to purchase the Equipment from the transferor.

      

      2.
Transferee agreed to pay for the Equipment at the purchase price of RMB
[41,000,000.00] ("Purchase Price") to the transferor in accordance with this
contract, to obtain ownership of the Equipment and all other interests, and at
the same time lease out the Equipment to the transferor for use.

      

      3. Since
the transferee paid the purchase price to the transferor or the account
designated in written by the transferor in accordance with the provisions of
this contract, the ownership of the Equipment and all other interests is
transferred to the transferee unconditionally and irrevocably. Both sides
unanimous consented and confirmed, for the purpose of financing leasing of
equipment, Equipment from the commence date of term, the transferee is entitled
to collect from the transferor the rentals under the leasing agreement, the
rental proceeds is owned by the transferee and is non-refundable in any
case

      

      4. Since
the two sides agreed to use the down payment (RMB 1,000,000.00), deposits RMB
(3,615,000.00), and management fees (RMB 600,000.00) that should be paid by the
transferor under the lease agreement with contract number of [MSL09092901], to
offset the purchase price that should be paid by transferee to the transferor or
to the account designated in written by the transferor, namely, the transferee
only need to pay the RMB [35,785,000.00] to the transferor, that fulfilled all
payment obligations under this contract, namely, the transferee has paid off the
transfer price.

      
        
           

        

        
          Ex. 10.3
- 1

          
            

          

        

        
           

        

      

      The
transferee agreed to pay the remaining purchase price of RMB [35,785,000.00] to
the designated bank account in written by the transferor, within [4] working
days after receiving the following documents and payments provided by the
transferor.

      

      
        1) The
equipment acceptance certificate that duly signed by transferor in accordance
with the form required by transferee.

      

      

      
        2)
Equipment sales invoices that the transferor issued to the transferee with the
content and the amount in consistent with those in this contract and in
accordance with PRC laws in respect of the transfer of
equipment.

      

      

      
        3) All
documents related to leasing that have been properly signed by the transferor,
including but not limited to, the leasing agreement, this agreement, the joint
liability guarantee letter issued by the Henan Zhongpin Food Share Co., Ltd.
(ie, the guarantor under the leasing agreement), the board resolution of Henan
Zhongpin Food Share Company,
Ltd. approving to undertake this joint
liability guarantee and the board resolution of lessee approving the
agreement for lessee sells and leases back the Equipment in sale leaseback
method.

      

      
         

        4) All
the relevant supporting documents of the necessary approval and/or registration
procedures of the Equipment have been completed (if
applicable).

      

      
         

        5)
Payment notices issued by the transferor to the transferee.

      

      

      
        6) Copies
of the insurance policy that the transferor purchased for the Equipment
according to the requirement of transferee.

      

      

      Notwithstanding
the above, at any time before all the preceding conditions are fully met, the
control right of transferor has material changes, or the net value, financial
situation, profitability of the transferor deteriorates significantly, the
transferee has no obligation to pay the purchase price and has the right to
terminate this contract under provision 11.

      

      5. For
avoidance of doubt, the transferor herein confirmed that if transferee pays the
transfer price to the account designated in written by the transferor, the
transferor was deemed as fulfilling the payment obligations of the equipment
purchase price under this contract.

      

      6. For
the purpose of this contract, the transferor makes representations and
warranties herein:

      
        
          	
                	
                  1)

                	
                  The
      ownership, disposal right and all other rights and interests that the
      transferor has on the Equipment will be transferred to the transferee when
      the transferee paid off the purchase
price;

                

        

      

      

      
        
          	
                	
                  2)

                	
                  The
      ownership, disposal right and all other rights and interests transferred
      by the transferor under this contract are not involved in any claim,
      pledge, mortgage, secured interest and any other restrictive
      rights;

                

        

         

      

      
        
          	
                	
                  3)

                	
                  The
      transferor has completed all the examination and approval procedures for
      the equipment under this transfer contract, therefore has the right to
      enter into and perform this
contract;

                

        

      

      
        
           

        

        
          Ex. 10.3
- 2

          
            

          

        

        
           

        

      

      
        
          	
                	
                  4)

                	
                  The
      transferor guarantees that the purchase and transfer of equipment under
      this contract is in compliance with all relevant PRC laws, regulations and
      policies.

                

        

         

      

      
        
          	
                	
                  5)

                	
                  The
      transferor guarantees to pay all tax payables for import and transfer of
      the equipment under this contract based on the relevant PRC laws and
      regulations (such as equipment was purchased through imports by the
      transferor), and will bear all liabilities by themselves for failure to
      fulfill tax obligations.

                

        

         

      

      
        
          	
                	
                  6)

                	
                  The
      transferor guarantees that the transferee is the exclusive transferee of
      the Equipment under this contract, and the exclusive party under the
      leasing agreement of such
equipment.

                

        

      

      

      7. The
transferor signed the acceptance certificate under the leasing agreement or was
deemed to have accepted the equipments under the leasing agreement, therefore
the equipments shall be deemed to have been completed delivered by the
transferor (as seller) to the transferee (as buyer) in perfect condition. The
risk of equipment loss and damage shall be borne by the transferor under any
circumstances; the transferee will not take the risk of equipment loss and
damage under any circumstances.

      

      8. The
transferor shall issue the Transfer Certificate of Equipment Ownership to the
transferee within【5】days after
receiving the purchase price of the equipment, even if the transfer fails to
issue the certificate, it will not affect the ownership of the
transferee.

      

      9. The
transferor confirmed that they choose equipments and vendors on their own. If
the equipments have some quality defects or infringe intellectual property
rights of third party, or the equipments are inconsistent with the requirements
of purchase contract, or vendors and/or import and export companies have other
nonperformance behaviors, the transferee does not assume any responsibility, the
transferor should directly exercise the right to claim from vendors, the results
and costs of claims should be borne by the transferor themselves. Regardless of
whether the transferor is able to get compensation through claim, and regardless
of whether the claim is in progress, the rental payment obligations and other
obligations of the transferor under the agreement will not be
affected.

      

      10.
Transferor undertakes that the transferee will obtain the full ownership of the
equipments according to this contract and the transferee is the sole owner of
the equipments. If the transferor breached the contract and led to failure of
the transferee to obtain the full ownership of the equipments, or the ownership
of the equipments and any other rights of the transferee suffered any
restrictions or damages, the transferee has the right to terminate this contract
and the leasing agreement. Under such circumstances, the transferor shall not
only refund the full purchase price to the transferee, but also compensation for
all losses, costs and expenses suffered by the transferee for that reason,
including but not limited to the full benefits the transferee could obtain by
leasing the equipment to transferor, and transferor should guarantee the
transferee free of any third party claims. If breach of representations and
warranty under this contract by the transferor led to invalidation of this
contract determined by the judiciary, or/and the transferee was imposed some
relevant administrative punishment, the transferor agrees to give full
compensation to the transferee for their damages (including, but not limited to,
the full benefits the transferee could obtain by leasing the equipment to
transferor, as well as fines imposed by the relevant departments on the
transferee, etc.). This provision is effective independently and will not become
invalid because of the invalidation of this contract.

      
        
           

        

        
          Ex. 10.3
- 3

          
            

          

        

        
           

        

      

      

      11. If
the transferor refuses to issue acceptance certificate, or any event of default
occurred prior the commence date of term, or the transferor fails to provide all
payment documents according to the provision 4 of this contract, the transferee
has the right to terminate the lease agreement. If this lease agreement
terminated for this reason, the transferor shall return all sums they have
received, and compensate for all losses and therefore costs suffered by the
transferee, including but not limited to the payments, taxes and other payments
that the transferor paid to the seller, government agencies and/or any third
party according to this financial lease. The transferee has no obligation to
return the rentals.

      

      12. This
contract is governed by the PRC laws. Any dispute resulted from or related to
this contract, if the negotiation fails, the two sides agreed to submit to the
Shanghai-based China International Economic and Trade Arbitration Commission
Shanghai Branch and such dispute shall be arbitrated in accordance with its
arbitration rules. The arbitral tribunal shall consist of three arbitrators, the
transferor and the transferee can choose their respective arbitrator, presiding
arbitrator will be appointed in accordance with its arbitration rules by the
Arbitration Commission. Arbitration award is the final and binding upon both
parties, and the costs of arbitration will be borne by the losing
party.

      

      13. This
contract enters into force after the day both parties sign and seal. There are
two originals of this contract, each party possess one.

       

      (No text
in following page)

      

      Transferor:
Zhumadian Zhongpin Food Co., Ltd

      

      Signatory:
/s/ Li Haobin

      Title

      

      Transferee:
De Lage Landen (China) Co., Ltd.

       

      Signatory:
/s/ De Lage Landen (China) Co., Ltd.

      Title

      
        
           

        

        
          Ex. 10.3
- 4

          
            

          

        

        
           

        

      

      APPENDIX
ONE:

      
        Equipment
List

      

      

      
        
          
            
              
                
                  
                    
                      
                        	
                                Name of Equipment 

                              	 	
                                Supplier (Manufacturer)

                              	 	
                                Model

                              	 	
                                Transfer Price

                              	 	 	
                                Device ID

                              	 
	
                                Liquid
      Ammonia Refrigeration Screw Compressor Unit (Including Controlling
      Cabinet)

                              	 	
                                Yantai
      Moon Co., Ltd.

                              	 	
                                KA20CBY

                              	 	 	515,523.17	 	 	
                                020001

                              	 
	
                                Liquid
      Ammonia Refrigeration Screw Compressor Unit (Including Controlling
      Cabinet)

                              	 	
                                Yantai
      Moon Co., Ltd.

                              	 	
                                KA16CBY

                              	 	 	258,810.47	 	 	
                                020002

                              	 
	
                                Liquid
      Ammonia Refrigeration Screw Compressor Unit(Including Controlling
      Cabinet)

                              	 	
                                Yantai
      Moon Co., Ltd.

                              	 	
                                JKA12.7CBY

                              	 	 	259,211.02	 	 	
                                020003

                              	 
	
                                Liquid
      Ammonia Refrigeration Screw Compressor Unit(Including Controlling
      Cabinet)

                              	 	
                                Yantai
      Moon Co., Ltd.

                              	 	
                                KA20CBY

                              	 	 	174,937.81	 	 	
                                020004

                              	 
	
                                Liquid
      Ammonia Refrigeration Screw Compressor Unit(Including Controlling
      Cabinet)

                              	 	
                                Yantai
      Moon Co., Ltd.

                              	 	
                                KA16CBY

                              	 	 	258,810.47	 	 	020005	 
	
                                Siphon
      Pot

                              	 	
                                Yantai
      Moon Co., Ltd.

                              	 	
                                UZ-3.5

                              	 	 	232,157.72	 	 	
                                020006

                              	 
	
                                Liquid
      Reservoir

                              	 	
                                Yantai
      Moon Co., Ltd.

                              	 	
                                ZA-10

                              	 	 	34,991.31	 	 	
                                020007

                              	 
	
                                Low
      Pressure-Cycled Barrel

                              	 	
                                Yantai
      Moon Co., Ltd.

                              	 	
                                ZDX-4L

                              	 	 	55,119.62	 	 	
                                020012

                              	 
	
                                Ammonia
      Storage Tank

                              	 	
                                Yantai
      Moon Co., Ltd.

                              	 	
                                ZA-5

                              	 	 	10,869.77	 	 	
                                020013

                              	 
	
                                Horizontal
      Evaporator

                              	 	
                                Yantai
      Moon Co., Ltd.

                              	 	
                                WZA-200

                              	 	 	57,234.14	 	 	
                                020014

                              	 
	
                                Shielded
      Ammonia Pump

                              	 	
                                Dalian
      Hermetic Pump Co., Ltd

                              	 	
                                CAMA2/4

                              	 	 	31,724.42	 	 	
                                020015

                              	 
	
                                All-In-One
      New Blower Set

                              	 	
                                Yantai
      Moon Co., Ltd.

                              	 	
                                AHDFS120H

                              	 	 	11,632.22	 	 	
                                020016

                              	 
	
                                Small
      Pump (Kay-Chuen), Glycol Circulating Pump

                              	 	
                                Shanghai
      Kaiquan Pump Limited Liability Company

                              	 	
                                FLG25-160

                              	 	 	5,408.58	 	 	
                                020020

                              	 
	
                                Evaporated
      Condenser

                              	 	
                                Long
      Hua Luoyang Refrigeration Equipment Co., Ltd.

                              	 	
                                ZFL2000

                              	 	 	810,571.61	 	 	
                                020021

                              	 
	
                                Hanging
      Air Cooler

                              	 	
                                Zhejiang
      Upwind Industrial Co., Ltd.

                              	 	
                                CFD-500A

                              	 	 	94,566.68	 	 	
                                020022

                              	 
	
                                Hanging
      Air Cooler

                              	 	
                                Zhejiang
      Upwind Industrial Co., Ltd.

                              	 	
                                CFD-400A

                              	 	 	641,088.43	 	 	
                                020023

                              	 
	
                                Hanging
      Air Cooler

                              	 	
                                Zhejiang
      Upwind Industrial Co., Ltd.

                              	 	
                                DFD-400A

                              	 	 	85,478.44	 	 	
                                020024

                              	 

                      

                    

                  

                

              

            

          

        

      

       

      
        
           

        

        
          Ex. 10.3
- 5

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  
                    	
                            Hanging
      Air Cooler

                          	 	
                            Zhejiang
      Upwind Industrial Co., Ltd.

                          	 	
                            DFJ-350A

                          	 	 	610,384.97	 	 	
                            020025

                          	 
	
                            Hanging
      Air Cooler

                          	 	
                            Zhejiang
      Upwind Industrial Co., Ltd.

                          	 	
                            GFJ-250A

                          	 	 	109,304.34	 	 	
                            020026

                          	 
	
                            Hanging
      Air Cooler

                          	 	
                            Zhejiang
      Upwind Industrial Co., Ltd.

                          	 	
                            DFD-200A

                          	 	 	44,704.25	 	 	
                            020027

                          	 
	
                            Hanging
      Air Cooler

                          	 	
                            Zhejiang
      Upwind Industrial Co., Ltd.

                          	 	
                            DFL-250-00

                          	 	 	319,316.00	 	 	
                            020028

                          	 
	
                            Hanging
      Air Cooler

                          	 	
                            Zhejiang
      Upwind Industrial Co., Ltd.

                          	 	
                            DFL-200-00

                          	 	 	133,867.07	 	 	
                            020029

                          	 
	
                            Air
      Conditioning System

                          	 	
                            Yantai
      Moon Co., Ltd.

                            Yixing
      City Huaxin Refrigeration Equipment Co., Ltd.

                            Zhejiang
      Upwind Industrial Co., Ltd.Henan Puyang Changxing Antiseptic Co.Ltd For
      Equipment, South Of Henan Branch

                          	 	 
      	 	 	6,287,815.94	 	 	
                            020030

                          	 
	
                            Atlas.
      Copco Screw Air Compressor

                          	 	
                            Henan
      Province, Guoxin Electrical Complete Equipment Co., Ltd.

                          	 	
                            GA22P-10

                          	 	 	166,890.05	 	 	
                            020031

                          	 
	
                            Fleshing
      Machine

                          	 	
                            Jining
      Xinglong Food Machine Manufacturing Co., Ltd.

                            Hicook

                          	 	 
      	 	 	15,017,074.20	 	 	
                            020032

                          	 
	
                            Slaughtering
      Equipment, Beam Production and Installation Engineering

                          	 	
                            Jining
      Xinglong Food Machine Manufacturing Co., Ltd.

                            Suiping
      County Henan Electric Installation Co., Ltd.

                          	 	 
      	 	 	6,274,333.35	 	 	
                            020033

                          	 
	
                            Kitchen
      Equipments

                          	 	 
      	 	 
      	 	 	71,393.11	 	 	
                            020034

                          	 
	
                            Sister
      Block

                          	 	 
      	 	
                            $65(Stainless
      Steel)

                          	 	 	59,249.23	 	 	
                            020035

                          	 
	
                            Corss
      Arm

                          	 	 
      	 	
                            L=520(Stainless
      Steel)

                          	 	 	22,430.01	 	 	
                            020036

                          	 

                  

                

              

            

          

        

      

       

      
        
           

        

        
          Ex. 10.3
- 6

          
            

          

        

        
           

        

      

       

      
        
          
            
              
                
                  
                    	
                            Bone
      Saw

                          	 	
                            Jiaxing
      Kai Machinery Manufacturing Co., Ltd.

                          	 	 	 	15,672.00	 	 	
                            020037

                          	 
	
                            Oil-Immersed
      Power Transformers, High and Low Pressure Cabinet

                          	 	
                            Suiping
      County Henan Electric Installation Co., Ltd.

                          	 	 	 	843,600.00	 	 	
                            020038

                          	 
	
                            Main
      Cable

                          	 	
                            Suiping
      County Henan Electric Installation Co., Ltd.

                          	 	 	 	1,309,337.45	 	 	
                            010001

                          	 
	
                            Pump

                          	 	
                            Shanghai
      East Pump (Group) Co., Ltd.

                          	 	 	 	86,117.45	 	 	
                            010002

                          	 
	
                            The
      Well

                          	 	
                            Henan
      Zhicheng Geological Engineering Co., Ltd.

                          	 	 	 	123,728.05	 	 	
                            010003

                          	 
	
                            Industrywasher

                          	 	
                            Taizhou
      Taifeng Machinery Equipment Manufacture Co., Ltd.

                          	 	 	 	15,817.50	 	 	
                            020039

                          	 
	
                            Industrial
      Spin-Drier

                          	 	
                            Taizhou
      Taifeng Machinery Equipment Manufacture Co., Ltd.

                          	 	 	 	9,666.20	 	 	
                            020040

                          	 
	
                            Industrial
      Drying Machine

                          	 	
                            Taizhou
      Taifeng Machinery Equipment Manufacture Co., Ltd.

                          	 	 	 	11,423.80	 	 	
                            020041

                          	 
	
                            WP
      Water Proofing Platform Scale 

                          	 	
                            Mettler
      - Toledo (Changzhou) Weighing Equipment System Co., Ltd.

                          	 	 	 	79,579.55	 	 	
                            020042

                          	 
	
                            Metal
      Detector

                          	 	
                            Shanghai
      Dangdang Electronic Technology Co., Ltd.

                          	 	 	 	28,119.95	 	 	
                            020043

                          	 
	
                            Door
      Insulation

                          	 	
                            Kaifeng,
      Central China Refrigeration Equipment Engineering Co.,
Ltd.

                          	 	 	 	2,372,625.00	 	 	
                            020044

                          	 
	
                            Airshower

                          	 	
                            Zhucheng
      Xinfeng Machinery Co., Ltd.

                          	 	 	 	142,357.50	 	 	
                            020045

                          	 
	
                            Lifting
      Platform For Unloading Pig

                          	 	
                            Changge
      Huanyu Automatic Door Facility

                          	 	 	 	16,696.30	 	 	
                            020046

                          	 
	
                            Ozone
      Generator

                          	 	
                            Zhengzhou
      Sankang Sino-Environment Tech

                          	 	 	 	44,106.91	 	 	
                            020047

                          	 
	
                            Iron
      Gate

                          	 	
                            Henan
      Xinzheng Kangda Machinery Plant

                          	 	 	 	8,857.80	 	 	
                            020048

                          	 
	
                            Telescopic
      Door

                          	 	
                            Henan
      Xinzheng Kangda Machinery Plant

                          	 	 	 	24,452.05	 	 	
                            020049

                          	 
	
                            Cold
      Storage Door

                          	 	
                            Yixing
      City Huaxin Refrigeration Equipment Co., Ltd.

                          	 	 	 	544,824.95	 	 	
                            020050

                          	 
	
                            Automatic
      Binding Machine

                          	 	
                            Shanghai
      Yiqun

                          	 	 	 	50,967.55	 	 	
                            020051

                          	 

                  

                

              

            

          

        

      

       

      
        
           

        

        
          Ex. 10.3
- 7

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  
                    	
                            Vertical
      Lift Gate

                          	 	
                            Henan
      Xinzheng Kangda Machinery Plant

                          	 	 	13,181.25	 	 	
                            020052

                          	 
	
                            Stainless
      Steel Trench Cover

                          	 	
                            Henan
      Zhongpin Food Share Co., Ltd

                          	 	 	87,875.05	 	 	
                            010004

                          	 
	
                            Boiler
      Water Treatment

                          	 	
                            Xuchang
      Lanjian Maxtech Technologies Company  

                          	 	 	8,084.45	 	 	
                            010005

                          	 
	
                            Compressor

                          	 	
                            Henan,
      Guoxin Electrical Complete Equipment Co., Ltd.

                          	 	 	118,631.25	 	 	020052	 
	
                            Door
      Seal and Collision Device

                          	 	
                            Nanjing
      Tiannuo Cold Storage Door Co., Ltd

                          	 	 	39,807.30	 	 	020053	 
	
                            Stainless
      Steel Web

                          	 	
                            Shandong
      Boxing Boda Kitchen Machinery Plant

                          	 	 	33,533.10	 	 	
                            020054

                          	 
	
                            Pre-Cooling
      Tray

                          	 	
                            Shandong
      Boxing Boda Kitchen Machinery Plant

                          	 	 	36,415.45	 	 	
                            020055

                          	 
	
                            Tool
      Storage Cabinet

                          	 	
                            Shandong
      Boxing Boda Kitchen Machinery Plant

                          	 	 	17,926.50	 	 	
                            020056

                          	 
	
                            Platform
      Scale

                          	 	
                            Zhengzhou
      Sethweighing Equipment System Co., Ltd

                          	 	 	36,907.50	 	 	
                            020057

                          	 
	
                            Livestock
      Scales, Track Scales

                          	 	
                            Mettler
      - Toledo (Changzhou) Weighing Equipment System Co., Ltd.

                          	 	 	75,133.05	 	 	
                            020058

                          	 
	
                            Sewage
      Treatment Equipment

                          	 	
                            Beijing
      Sida Chuangjie Environment Engineering Company Limited

                          	 	 	667,850.05	 	 	
                            020059

                          	 
	
                            Boilers

                          	 	
                            Zhengzhou
      Boiler Factory 

                          	 	 	281,199.95	 	 	
                            020060

                          	 
	
                            Production
      And Installation of Furnaces, And Chimneys, Hoods

                          	 	
                            Zhengzhou
      Boiler(Group)Co.,
      Ltd

                          	 	 	48,578.25	 	 	
                            020061

                          	 
	
                            Control
      Valve

                          	 	 
      	 	 	7,223.96	 	 	
                            020062

                          	 
	
                            Anti-Theft
      Window

                          	 	 
      	 	 	16,451.28	 	 	
                            020064

                          	 
	
                            Office
      Equipment

                          	 	 
      	 	 	34,814.10	 	 	
                            030001

                          	 
	
                            Bed

                          	 	 
      	 	 	37,549.73	 	 	
                            030003

                          	 
	
                            Tin

                          	 	
                            Changyuan
      Slaughtering Equipment Operation Department

                          	 	 	74,110.86	 	 	
                            020064

                          	 
	
                            Freeze
      Frame

                          	 	 
      	 	 	20,893.90	 	 	
                            020065

                          	 

                  

                

              

            

          

        

      

       

      
        
           

        

        
          Ex. 10.3
- 8

          
            

          

        

        
           

        

      

       

      
        
          
            
              
                
                  
                    
                      
                        
                          	
                                  Hand
      Truck

                                	 	 
      	 	 	 	 	24,867.00	 	 	
                                  020066

                                	 
	
                                  Spare
      Wagon For Hot Fresh Food

                                	 	 
      	 	 
      	 	 	20,001.04	 	 	020067	 
	
                                  Pre-Cooled
      Wheel Barrow

                                	 	 
      	 	 
      	 	 	26,787.02	 	 	
                                  020068

                                	 
	
                                  Plastic
      Tray

                                	 	
                                  Xuzhou
      Tote Box Modeling Factory

                                	 	 
      	 	 	181,390.09	 	 	
                                  020069

                                	 
	
                                  Tote
      Box

                                	 	
                                  Xuzhou
      Tote Box Modeling Factory

                                	 	 
      	 	 	295,452.69	 	 	
                                  020070

                                	 
	
                                  Pulley

                                	 	 
      	 	 
      	 	 	15,592.77	 	 	
                                  020071

                                	 
	
                                  Console

                                	 	 
      	 	 
      	 	 	52,413.02	 	 	
                                  020073

                                	 
	
                                  Tote
      Box

                                	 	 
      	 	 
      	 	 	29,051.67	 	 	
                                  020076

                                	 
	
                                  Stripper

                                	 	 
      	 	 
      	 	 	47,170.81	 	 	
                                  020077

                                	 
	
                                  Tote
      Box

                                	 	 
      	 	 
      	 	 	40,841.87	 	 	
                                  020078

                                	 
	
                                  Sprinkler

                                	 	
                                  Henan
      Benma Company 

                                	 	 
      	 	 	28,194.12	 	 	
                                  040002

                                	 
	
                                  Air
      Conditioning

                                	 	
                                  Zhuhai
      Gree Electric Appliances or Guangdong Galanz Group Co Ltd

                                	 	 
      	 	 	34,594.04	 	 	
                                  030005

                                	 
	
                                  Computer

                                	 	 
      	 	 
      	 	 	65,957.67	 	 	
                                  030009

                                	 
	
                                  Computer
      Equipment

                                	 	 
      	 	 
      	 	 	98,670.80	 	 	
                                  030010

                                	 
	
                                  Total

                                	 	 
      	 	 
      	 	 	41,000,000.00	 	 	 	 

                        

                      

                    

                  

                

              

            

          

        

      

       

      
        
           

        

        
          Ex. 10.3
- 9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}]]