Document:

THIS
      NOTE AND THE SHARES OF PREFERRED STOCK CONTINGENTLY ISSUABLE UPON CONVERSION
      OF
      THIS NOTE (THE “SECURITIES”) HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
      OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE SOLD, OFFERED
      FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF A REGISTRATION STATEMENT
      IN
      EFFECT WITH RESPECT TO THE SECURITIES UNDER SUCH ACT AND IN ACCORDANCE WITH
      APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN APPLICABLE EXEMPTION FROM
      THE
      REGISTRATION REQUIREMENTS OF SUCH ACT AND SUCH LAWS, IN
      WHICH CASE THE HOLDER MUST, PRIOR TO SUCH TRANSFER AND UPON REQUEST BY GENERAL
      COMPONENTS, INC. (THE “COMPANY”), FURNISH TO THE COMPANY AN OPINION OF COUNSEL,
      WHICH COUNSEL AND OPINION ARE REASONABLY SATISFACTORY TO THE COMPANY, THAT
      THE
      SECURITIES MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR OTHERWISE TRANSFERRED
      IN
      THE MANNER CONTEMPLATED PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION
      REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE SECURITIES
      LAWS.

     

    GENERAL
      COMPONENTS, INC.

     

    CONVERTIBLE
      PROMISSORY NOTE

     

    
      	
              Date:
                November 1, 2006

            	
              $2,000,000

            

    

     

    For
      value
      received, General
      Components, Inc., a
      Nevada
      corporation (the “Maker”),
      unconditionally promises to pay to the order of Comtech Global Investments,
      Inc.
      (the “Holder”),
      the
      principal sum
      of
      two
      million dollars ($2,000,000) (the “Principal
      Amount”)
      together with interest thereon as hereinafter provided, pursuant to the
      following terms: 

     

    1.  Maker.
      The
      term “Maker” as used in this Note shall include the Maker and the respective
      successors and assigns thereto or thereof.

     

    2.  Maturity
      Date.
      Unless
      converted as provided herein, the principal and accrued interest under this
      Note
      shall be due and payable in full on May 1, 2007 (the “Maturity
      Date”).

     

    3.  Interest;
      Payment.
      

     

    A.  Interest
      (the “Interest”)
      shall
      be charged on the outstanding Principal Amount from the date of this Note until
      the payment in full of the outstanding Principal Amount, or the Note has
      otherwise been converted in full pursuant to the terms hereof, at a rate equal
      to two percent (2%) per month (the “Interest
      Rate”),
      payable on the Maturity Date or the earlier conversion of such Principal Amount.
      For the avoidance of doubt, Interest shall be chargeable on the outstanding
      Principal Amount every day prior to the actual Maturity Date or earlier
      conversion in full of the Note.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    B.  All
      computations of interest hereunder shall be made based on the actual number
      of
      days elapsed in a year of 365 days (including the first day but excluding the
      last day during which any such Principal Amount is outstanding).

     

    C.  Any
      payment of principal or interest which is not paid when due shall bear interest
      until paid at a simple interest rate per annum which is five percentage points
      (5%) in excess of the rate that would otherwise be in effect.

     

    D.  Principal
      and interest shall be payable to Holder when due in lawful money of the United
      States of America in immediately available funds at such place as Holder may
      from time to time notify the Maker in writing.
      Whenever any payment to be made hereunder shall be due on a Saturday, Sunday
      or
      a date on which banks in New York City, New York are authorized or required
      to
      be closed, such payment may be made on the next succeeding Business Day.

     

    E.  The
      Maker
      may prepay this Note, in whole or in part, at any time after, upon five (5)
      days
      prior notice without penalty; provided however, Maker may withdraw any such
      notice, in which case this Note shall not come due as a result of such notice
      of
      prepayment.

     

    F.  All
      payments received hereunder may be applied, at Holder’s option, first to the
      payment of any expenses or charges payable hereunder and accrued interest,
      with
      the balance being applied to principal, or in such other order as Holder shall
      determine.

     

    G.  In
      the
      event that it is determined that, under the laws relating to usury applicable
      to
      Maker or the indebtedness evidenced by this Note (“Applicable Usury Laws”), the
      interest charges and fees payable by Maker in connection herewith or in
      connection with any other document or instrument executed and delivered in
      connection herewith cause the effective interest rate applicable to the
      indebtedness evidenced by this Note to exceed the maximum rate allowed by law
      (the “Maximum Rate”), then such interest shall be recalculated for the period in
      question and any excess over the Maximum Rate paid with respect to such period
      shall be credited, without further agreement or notice, to the Principal Amount
      outstanding hereunder to reduce said balance by such amount with the same force
      and effect as though Maker had specifically designated such extra sums to be
      so
      applied to principal and the Holder had agreed to accept such extra payment(s)
      as a premium-free prepayment. All such deemed prepayments shall be applied
      to
      the principal balance payable at maturity. In no event shall any agreed-to
      or
      actual exaction as consideration for this Note exceed the limits imposed or
      provided by Applicable Usury Laws in the jurisdiction in which Maker is resident
      applicable to the use or detention of money or to forbearance in seeking its
      collection in the jurisdiction in which Maker is resident.

     

    4.  Replacement.
      On
      receipt
      of evidence reasonably
      satisfactory
      to the Maker of the loss, theft, destruction or mutilation of this Note and,
      in
      the case of loss,
      theft or destruction, on delivery of an indemnity agreement reasonably
      satisfactory in form and substance to the Maker or, in the case of mutilation,
      on
      surrender and cancellation of this Note, the Maker at
      its
      expense shall execute and deliver, in lieu of this Note, a new note of like
      tenor and amount.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    5.  Conversion
      of Note.

     

    A.  Automatic
      Conversion at Option of Company.
      Maker
      shall have the right, at its sole discretion, to convert the outstanding
      Principal Amount, together with accrued and unpaid interest, into Series B
      Preferred Stock at the Conversion Price upon the issue and sale by the Maker
      of
      at least $3 million in stated value of Series B Preferred Stock having an annual
      preferred dividend of 6% and conversion rights entitling the holder thereof
      to
      convert such shares into Common Stock of the Maker at a conversion price of
      $1.00 per share (after giving effect to the contemplated 1 for 10 reverse split
      of the Maker’s Common Stock).

     

    B.  Conversion
      Price.
      The
“Conversion Price” shall be the price per share of Series B Preferred Stock paid
      by investors upon the issuance thereof by the Maker. Such shares of Series
      B
      Preferred Stock as shall be issued upon such conversion are herein referred
      to
      as the “Conversion Shares.”

     

    C.  Mechanics
      of Conversion.
      

     

    (i)  Automatic
      Conversion.
      In the
      event of a conversion pursuant to the provisions of Section 5A hereof, Maker
      shall deliver to the Holder at its address appearing on the records of Maker
      a
      written notice of the imminent conversion of this Note (the “Conversion
      Notice”), requesting surrender of this Note for cancellation and written
      instructions regarding the registration and delivery of certificates for the
      Conversion Shares. In the event the Holder receives a Conversion Notice, the
      Holder shall be required to surrender this Note for cancellation within five
      business days of the Conversion Notice (the “Automatic Conversion Date”), but
      the failure of the Holder so to surrender this Note shall not affect the
      conversion of the outstanding Principal Amount into Conversion Shares, provided
      that if the Note is not surrendered, an affidavit of lost Note shall be
      provided. No holder of this Note shall be entitled upon conversion of this
      Note
      to have the Conversion Shares registered in the name of another person or entity
      without first complying with all applicable restrictions on the transfer of
      this
      Note. In the event the Holder does not provide Maker with written instructions
      regarding the registration and delivery of certificates for the Conversion
      Shares, Maker shall issue such shares in the name of the Holder and shall
      forward such certificates to the Holder at its address appearing on the records
      of Maker. The person entitled to receive the Conversion Shares shall be deemed
      to have become the holder of record of such shares at the close of business
      on
      the Conversion Date and the person entitled to receive share certificates for
      the Conversion Shares shall be regarded for all corporate purposes after the
      Conversion Date as the record holder of the number of Conversion Shares to
      which
      it is entitled upon the conversion. Maker may rely on record ownership of this
      Note for all corporate purposes, notwithstanding any contrary notice. After
      the
      Conversion Date, this Note shall, until surrendered to Maker, represent the
      right to receive the Conversion Shares; provided, however, that Maker shall
      have
      no obligation to issue the Conversion Shares until the Holder has delivered
      either this Note or an affidavit of loss. 

     

    D.  Cash
      Payments.
      No
      fractional shares (or scrip representing fractional shares) of Common Stock
      shall be issued upon conversion of this Note. In the event that the conversion
      of the Principal Amount of this Note would result in the issuance of a
      fractional share of Common Stock Maker shall pay a cash adjustment in lieu
      of
      such fractional share to the holder of this Note based upon the Conversion
      Price. 

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    E.  Stamp
      Taxes, etc.
      Maker
      shall pay all documentary, stamp or other transactional taxes attributable
      to
      the issuance or delivery of shares of Common Stock upon conversion of this
      Note;
      provided, however, that Maker shall not be required to pay any taxes which
      may
      be payable in respect of any transfer involved in the issuance or delivery
      of
      any certificate for such shares in a name other than that of the holder of
      this
      Note, and Maker shall not be required to issue or deliver any such certificate
      unless and until the person requesting the issuance thereof shall have paid
      to
      Maker the amount of such tax or shall have established to Maker’s satisfaction
      that such tax has been paid.

     

    F.  Validity
      of Stock.
      All
      shares of Series B Preferred Stock that may be issued upon conversion of this
      Note will, upon issuance by Maker in accordance with the terms of this Note,
      be
      validly issued, free from all taxes and liens with respect to the issuance
      thereof (other than those created by the holders), free from all pre-emptive
      or
      similar rights and fully paid and non-assessable.

     

    6.  Representations
      and Warranties; Covenants; Acceleration of Maturity.

     

    A.  The
      Maker
      and Magical Insight Investments Ltd. (“Magical”) hereby represent and warrant
      that the reverse merger by share exchange contemplated by the Share Exchange
      Agreement dated as of September 6, 2006 between the Maker, Magical and the
      shareholder of Magical named therein has been consummated on or prior to the
      date hereof.

     

    B.  The
      Maker
      hereby covenants and agrees that Principal Amount hereof shall only be used
      for
      the working capital needs of Beihai Hi-Tech Wealth Technology Development Co.,
      Ltd. (“HTW”), a subsidiary of Magical.

     

    C.  The
      Maker
      and HTW hereby covenant and agree that the business of the Maker and HTW will
      at
      all times prior to the Maturity Dated be conducted in the usual and ordinary
      course of business, other than with regards to any financing transactions
      related to the reverse merger mentioned in Section 6A above or any disposal
      of
      the preexisting operations of the Maker as required by the terms of such reverse
      merger. In the event either Maker or HTW shall fail to comply with this Section
      6C, then the Maturity Date specified above may be accelerated at the election
      of
      the Holder to a date not earlier than the date of such failure and all amounts
      due hereunder shall become due and payable immediately, which obligation shall
      vest and become the direct financial obligation of both Maker and HTW, on a
      joint and several basis.

     

    7.  Amendments
      and Waivers.

     

    A.  No
      failure or delay on the part of the Holder in exercising any power or right
      under this Note shall operate as a waiver thereof, nor shall any single or
      partial exercise of any such power or right preclude any other or further
      exercise thereof or the exercise of any other power or right. No notice to
      or
      demand on Maker in any case shall entitle it to any notice or demand in similar
      or other circumstances. No waiver or approval by the Holder shall, except as
      may
      be otherwise stated in such waiver or approval, be applicable to subsequent
      transactions. No waiver or approval hereunder shall require any similar or
      dissimilar waiver or approval thereafter to be granted hereunder.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    B.  To
      the
      extent that Maker makes a payment or payments to the Holder, and such payment
      or
      payments or any part thereof are subsequently for any reason invalidated, set
      aside and/or required to be repaid to a trustee, receiver or any other party
      under any bankruptcy law, state or federal law, common law or equitable cause,
      then to the extent of such recovery, the obligation or part thereof originally
      intended to be satisfied, and all rights and remedies therefor, shall be revived
      and continued in full force and effect as if such payment had not been made
      or
      such enforcement or setoff had not occurred.

     

    C.  After
      any
      waiver, amendment or supplement under this section becomes effective, Maker
      shall mail to the Holder a copy thereof.

     

    8.  Miscellaneous

     

    A.  Registered
      Holder.
      Maker
      may consider and treat the person in whose name this Note shall be registered
      as
      the absolute owner thereof for all purposes whatsoever (whether or not this
      Note
      shall be overdue) and Maker shall not be affected by any notice to the contrary.
      In case of transfer of this Note by operation of law, the transferee agrees
      to
      notify Maker of such transfer and of its address, and to submit appropriate
      evidence regarding such transfer so that this Note may be registered in the
      name
      of the transferee. This Note is transferable only on the books of Maker by
      the
      Holder hereof, in person or by attorney, on the surrender hereof, duly endorsed.
      Communications sent to any registered owner shall be effective as against all
      Holders or transferees of the Note not registered at the time of sending the
      communication.

     

    B.  Governing
      Law.
      This
      Note shall be governed by and construed in accordance with the laws of the
      State
      of New York. Sections 5-1401 and 5-1402 of the General Obligations Law of the
      State of New York shall apply to this Note and Maker hereby waives any right
      to
      stay or dismiss on the basis of forum non conveniens
      any
      action or proceeding brought before the courts of the State of New York sitting
      in New York County or of United States of America for the Southern District
      of
      New York and hereby submits to the jurisdiction of such courts.

     

    C.  Notices.
      Unless
      otherwise provided, all notices required or permitted under this Note shall
      be
      in writing and shall be deemed effectively given (i) upon personal delivery
      to
      the party to be notified, (ii) upon confirmed delivery by Federal Express or
      other nationally recognized courier service providing next-business-day
      delivery, or (iii) three business days after deposit with the United States
      Postal Service, by registered or certified mail, postage prepaid and addressed
      to the party to be notified, in each case at the address set forth below, or
      at
      such other address as such party may designate by written notice to the other
      party (provided that notice of change of address shall be effective upon receipt
      by the party to whom such notice is addressed).

     

    If
      sent
      to Holder, notices shall be sent to the address set forth in the Subscription
      Agreement.

     

    If
      sent
      to Maker, notices shall be sent to the following address:

    

    Suite
      2021, 20F, Two Pacific Place

    88
      Queensway

    Hong
      Kong

    

    Attention:
      Simon Mu

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    D.  Parties
      in Interest.
      All
      covenants, agreements and undertakings in this Note binding upon Maker or the
      Holder shall bind and inure to the benefit of the successors and permitted
      assigns of Maker and the Holder, respectively, whether so expressed or
      not.

     

    E.  Waiver
      of Jury Trial.
      THE
      HOLDER AND MAKER HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE ANY
      RIGHTS THEY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED
      HEREON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH, THIS NOTE OR ANY OTHER
      DOCUMENT OR INSTRUMENT EXECUTED AND DELIVERED IN CONNECTION HEREWITH, OR ANY
      COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER VERBAL OR WRITTEN),
      OR
      ACTIONS OF THE HOLDER OR MAKER. THIS PROVISION IS A MATERIAL INDUCEMENT FOR
      THE
      HOLDER’S PURCHASING THIS NOTE.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, Maker has caused this Note to be signed in its name by its
      duly
      authorized officer.

    
      	 	 	 
	 	GENERAL
              COMPONENTS, INC.
	 
 	 
 	 
 
	
            	By  	/s/ Simon Mu
	 	
              
Name:
              Simon Mu
	 	Title: Chairman and Chief Executive
              Officer

    

     

    
      	ACKNOWLEDGED:	 	 	 
	 	 	 	 
	MAGICAL INSIGHT INVESTMENT
              LIMITED	 	 	 
	 	 	 	 
	 	 	 	 
	By /s/
              Li Ming	 	 	
            
	
              
                
Name:
                Li Ming

            	 	 	
            
	
              Title:
                Chief Executive Officer

            	 	 	
            

    

     

    

    
      
        
        

      

      
        7NEITHER
      THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR ANY SECURITY THAT MAY BE
      ISSUED UPON THE EXERCISE HEREOF HAS BEEN REGISTERED UNDER THE SECURITIES ACT
      OF
      1933, AS AMENDED (THE “ACT”), OR ANY STATE SECURITIES LAWS AND NEITHER ANY SUCH
      SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED
      OR
      OTHERWISE TRANSFERRED EXCEPT [(1) IN ACCORDANCE WITH THE PROVISIONS OF
      REGULATION S PROMULGATED UNDER THE SECURITIES ACT, AND BASED ON AN OPINION
      OF
      COUNSEL, WHICH COUNSEL AND OPINION ARE REASONABLY SATISFACTORY TO THE COMPANY,
      THAT THE PROVISIONS OF REGULATION S HAVE BEEN SATISFIED (2)] PURSUANT TO AN
      EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE STATE
      SECURITIES LAWS OR [(3)] PURSUANT TO AN AVAILABLE EXEMPTION FROM THE
      REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE SECURITIES
      LAWS, IN WHICH CASE THE HOLDER MUST, PRIOR TO SUCH TRANSFER, FURNISH TO THE
      COMPANY AN OPINION OF COUNSEL, WHICH COUNSEL AND OPINION ARE REASONABLY
      SATISFACTORY TO THE COMPANY, THAT SUCH SECURITIES MAY BE OFFERED, SOLD, PLEDGED,
      ASSIGNED OR OTHERWISE TRANSFERRED IN THE MANNER CONTEMPLATED PURSUANT TO AN
      AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT
      AND
      APPLICABLE STATE SECURITIES LAWS. HEDGING TRANSACTIONS INVOLVING THE SECURITIES
      REPRESENTED BY THIS CERTIFICATE MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH
      THE SECURITIES ACT.

     

    Right
      to
      Purchase up to 3,000,000 Shares of Common Stock of

    GENERAL
      COMPONENTS, INC. (subject to adjustment as provided herein)

     

    COMMON
      STOCK PURCHASE WARRANT

     

    
      	
              No.
                CMG 001

            	
              Issue
                Date: November 1, 2006

            

    

     

    General
      Components, Inc., a corporation organized under the laws of the State of Nevada
      (the “Company”), hereby certifies that, for value received, Comtech Global
      Investments, Inc., or assigns (the “Holder”), is entitled, subject to the terms
      set forth below, to purchase from the Company (as defined herein) from and
      after
      the Issue Date and at any time or from time to time before 5:00 p.m., New York
      time, through the close of business on the date that is three (3) years from
      the
      Issue Date set forth above (the “Expiration Date”), up to three million fully
      paid and nonassessable shares of Common Stock (as hereinafter defined), $0.001
      par value per share, at the applicable Exercise Price per share (as defined
      below). The number and character of such shares of Common Stock and the
      applicable Exercise Price per share are subject to adjustment as provided
      herein.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    As
      used
      herein the following terms, unless the context otherwise requires, have the
      following respective meanings:

     

    (a) The
      term
“Company” shall include General Components, Inc. and any corporation which shall
      succeed, or assume the obligations of, General Components, Inc.
      hereunder.

     

    (b) The
      term
“Common Stock” includes (i) the Company’s Common Stock, par value $0.001 per
      share; and (ii) any other securities into which or for which any of the
      securities described in the preceding clause (i) may be converted or exchanged
      pursuant to a plan of recapitalization, reorganization, merger, sale of assets
      or otherwise.

     

    (c) The
      “Exercise Price” applicable under this Warrant shall be $0.10 on the date of
      issuance.

     

    (d) The
“Fair
      Market Value” of a share of Common Stock as of a particular date (the
“Determination Date”) shall mean (a) if the Common Stock is then listed or
      quoted on a national trading market, the volume weighted average price of the
      Common Stock for the 20 trading days preceding such Determination Date, (b)
      if
      the Common Stock is not then listed or quoted on a national trading market
      and
      if prices for the Common Stock are then quoted on the OTC Bulletin Board, the
      volume weighted average price of the Common Stock for the 20 trading days
      preceding such Determination Date on the OTC Bulletin Board, (c) if the Common
      Stock is not then listed or quoted on the OTC Bulletin Board and if prices
      for
      the Common Stock are then reported in the “Pink Sheets” published by Pink
      Sheets, LLC (or a similar organization or agency succeeding to its functions
      of
      reporting prices), the average bid price per share of the Common Stock for
      the
      20 trading days preceding such Determination Date as so reported, or (d) in
      all
      other cases, the value of the Common Stock as determined in good faith by the
      Company’s Board of Directors.

     

    (e) The
      term
“Other Securities” refers to any stock (other than Common Stock) and other
      securities of the Company or any other person (corporate or otherwise) which
      the
      holder of the Warrant at any time shall be entitled to receive, or shall have
      received, on the exercise of the Warrant, in lieu of or in addition to Common
      Stock, or which at any time shall be issuable or shall have been issued in
      exchange for or in replacement of Common Stock or Other Securities pursuant
      to
      Section 3 or otherwise.

     

    1. Exercise
      of Warrant.

     

    1.1. Number
      of Shares Issuable upon Exercise.
      From
      and after the Issue Date through and including the Expiration Date, the Holder
      shall be entitled to receive, upon exercise of this Warrant in whole or in
      part,
      by delivery of an original or fax copy of an exercise notice in the form
      attached hereto as Exhibit A (the “Exercise Notice”), up to that number of
      shares of Common Stock of the Company referred to above, subject to adjustment
      pursuant to Section 4 and subject to the Company having sufficient authorized
      shares of Common Stock, provided,
      however,
      within
      5 Trading Days of the date said Exercise Notice is delivered to the Company,
      the
      Holder shall have surrendered this Warrant to the Company and the Company shall
      have received payment of the aggregate Exercise Price of the shares thereby
      purchased by wire transfer or cashier’s check drawn on a United States
      bank.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    2. Procedure
      for Exercise.

     

    2.1. Delivery
      of Stock Certificates, Etc., on Exercise.
      The
      Company agrees that the shares of Common Stock purchased upon exercise of this
      Warrant shall be deemed to be issued to the Holder as the record owner of such
      shares as of the close of business on the date on which this Warrant shall
      have
      been surrendered and payment made for such shares in accordance herewith. As
      soon as practicable after the exercise of this Warrant in full or in part,
      and
      in any event within five (5) business days thereafter, the Company at its
      expense (including the payment by it of any applicable issue taxes) will cause
      to be issued in the name of and delivered to the Holder, or as such Holder
      (upon
      payment by such Holder of any applicable transfer taxes) may direct in
      compliance with applicable securities laws, a certificate or certificates for
      the number of duly and validly issued, fully paid and nonassessable shares
      of
      Common Stock (or Other Securities) to which such Holder shall be entitled on
      such exercise, plus, in lieu of any fractional share to which such holder would
      otherwise be entitled, cash equal to such fraction multiplied by the then Fair
      Market Value of one full share, together with any other stock or other
      securities and property (including cash, where applicable) to which such Holder
      is entitled upon such exercise pursuant to Section 1 or otherwise.

     

    2.2. Exercise.
      Payment
      may be made either in cash or by certified or official bank check payable to
      the
      order of the Company equal to the applicable aggregate Exercise Price for the
      number of Common Shares specified in such Exercise Notice (as such exercise
      number shall be adjusted to reflect any adjustment in the total number of shares
      of Common Stock issuable to the Holder per the terms of this Warrant) and the
      Holder shall thereupon be entitled to receive the number of duly authorized,
      validly issued, fully-paid and non-assessable shares of Common Stock (or Other
      Securities) determined as provided herein.

     

    3. Effect
      of Reorganization, Etc.; Adjustment of Exercise Price.

     

    3.1. Reorganization,
      Consolidation, Merger, Etc.
      In case
      at any time or from time to time, the Company shall (a) effect a reorganization,
      (b) consolidate with or merge into any other person, or (c) transfer all or
      substantially all of its properties or assets to any other person under any
      plan
      or arrangement contemplating the dissolution of the Company, then, in each
      such
      case, as a condition to the consummation of such a transaction, proper and
      adequate provision shall be made by the Company whereby the Holder, on the
      exercise hereof as provided in Section 1 at any time after the consummation
      of
      such reorganization, consolidation or merger or the effective date of such
      dissolution, as the case may be, shall receive, in lieu of the Common Stock
      (or
      Other Securities) issuable on such exercise prior to such consummation or such
      effective date, the stock and other securities and property (including cash)
      to
      which such Holder would have been entitled upon such consummation or in
      connection with such dissolution, as the case may be, if such Holder had so
      exercised this Warrant, immediately prior thereto, all subject to further
      adjustment thereafter as provided in Section 4.

     

    3.2. Continuation
      of Terms.
      Upon
      any reorganization, consolidation, merger or transfer (and any dissolution
      following any transfer) referred to in this Section 3, this Warrant shall
      continue in full force and effect and the terms hereof shall be applicable
      to
      the shares of stock and other securities and property receivable on the exercise
      of this Warrant after the consummation of such reorganization, consolidation
      or
      merger or the effective date of dissolution following any such transfer, as
      the
      case may be, and shall be binding upon the issuer of any such stock or other
      securities, including, in the case of any such transfer, the person acquiring
      all or substantially all of the properties or assets of the Company, whether
      or
      not such person shall have expressly assumed the terms of this Warrant as
      provided in Section 3.1. In the event this Warrant does not continue in full
      force and effect after the consummation of the transactions described in this
      Section 3, then the Company’s securities and property (including cash, where
      applicable) receivable by the Holder will be delivered to the
      Holder.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    4. Extraordinary
      Events Regarding Common Stock.
      In the
      event that the Company shall (a) issue additional shares of the Common Stock
      as
      a dividend or other distribution on outstanding Common Stock or any preferred
      stock issued by the Company (b) subdivide its outstanding shares of Common
      Stock, or (c) combine its outstanding shares of the Common Stock into a
      smaller number of shares of the Common Stock, then, in each such event, the
      Exercise Price shall, simultaneously with the happening of such event, be
      adjusted by multiplying the then Exercise Price by a fraction, the numerator
      of
      which shall be the number of shares of Common Stock outstanding immediately
      prior to such event and the denominator of which shall be the number of shares
      of Common Stock outstanding immediately after such event, and the product so
      obtained shall thereafter be the Exercise Price then in effect. The Exercise
      Price, as so adjusted, shall be readjusted in the same manner upon the happening
      of any successive event or events described herein in this Section 4. The number
      of shares of Common Stock that the Holder shall thereafter, on the exercise
      hereof as provided in Section 1, be entitled to receive shall be adjusted to
      a
      number determined by multiplying the number of shares of Common Stock that
      would
      otherwise (but for the provisions of this Section 4) be issuable on such
      exercise by a fraction of which (a) the numerator is the Exercise Price that
      would otherwise (but for the provisions of this Section 4) be in effect, and
      (b)
      the denominator is the Exercise Price in effect on the date of such exercise
      (taking into account the provisions of this Section 4).

     

    5. Pro
      Rata Distributions.
      If the
      Company, at any time prior to the Expiration Date, shall distribute to all
      holders of Common Stock (and not to Holders of the Warrants) evidences of its
      indebtedness or assets (including cash and cash dividends) or rights or warrants
      to subscribe for or purchase any security), then in each such case the Exercise
      Price shall be adjusted by multiplying the Exercise Price in effect immediately
      prior to the record date fixed for determination of stockholders entitled to
      receive such distribution by a fraction of which the denominator shall be the
      Fair Market Value determined as of the record date mentioned above, and of
      which
      the numerator shall be such Fair Market Value on such record date less the
      then
      per share Fair Market Value at such record date of the portion of such assets
      or
      evidence of indebtedness so distributed applicable to one outstanding share
      of
      the Common Stock as determined by the Board of Directors in good faith. In
      either case the adjustments shall be described in a statement provided to the
      Holder of the portion of assets or evidences of indebtedness so distributed
      or
      such subscription rights applicable to one share of Common Stock. Such
      adjustment shall be made whenever any such distribution is made and shall become
      effective immediately after the record date mentioned above.

     

    6. Certificate
      as to Adjustments.
      In each
      case of any adjustment or readjustment in the shares of Common Stock (or Other
      Securities) issuable on the exercise of this Warrant, the Company at its expense
      will promptly cause its Chief Financial Officer or other appropriate designee
      to
      compute such adjustment or readjustment in accordance with the terms of this
      Warrant and prepare a certificate setting forth such adjustment or readjustment
      and showing in detail the facts upon which such adjustment or readjustment
      is
      based, including a statement of (a) the consideration received or
      receivable by the Company for any additional shares of Common Stock (or Other
      Securities) issued or sold or deemed to have been issued or sold, (b) the
      number of shares of Common Stock (or Other Securities) outstanding or deemed
      to
      be outstanding, and (c) the Exercise Price and the number of shares of Common
      Stock to be received upon exercise of this Warrant, in effect immediately prior
      to such adjustment or readjustment and as adjusted or readjusted as provided
      in
      this Warrant. The Company will forthwith mail a copy of each such certificate
      to
      the Holder and any Warrant agent of the Company (appointed pursuant to Section
      11 hereof)..

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    7. Registration
      Rights.
      The
      Company shall treat the shares of Common Stock issuable upon the exercise of
      this Warrant as entitled to the same rights to require the filing of a
      registration statement under the Securities Act of 1933, as amended with the
      Commission as the shares of Common Stock as are issuable upon exercise of the
      warrants sold to investors in the Company’s contemplated issuance of its Series
      B Preferred Stock. The Company hereby agrees to register any or all of the
      shares of Common Stock issuable upon the exercise hereof on the same terms
      and
      conditions (including with respect to notice periods, provision of information,
      payment of expenses and rights to indemnification) as are set forth in the
      registration rights agreement relating to such warrants.

     

    8. Redemption
      of Warrants.
      Notwithstanding anything herein to the contrary, if after the twelve month
      anniversary of the Issue Date, the closing bid price for the Common Stock for
      each of any 20 consecutive trading days (“Threshold
      Period”),
      which
      20 consecutive trading day period shall have commenced only after such twelve
      month anniversary and during which Threshold Period the average daily trading
      volume of the Common Stock exceeds 30,000, exceeds the then effective Exercise
      Price by 200% (subject to adjustment for any stock dividend, stock split, stock
      combination or other similar event affecting the Common Stock during such 20
      trading day period), the Company may, within 1 Trading Day after any such
      Threshold Period, deliver a written notice to all Holders (a “Redemption
      Notice”
and
      the
      date such notice is received by the Holders, the “Redemption
      Notice Date”)
      of its
      election to redeem this Warrant at a redemption price of $.01 per Warrant on
      a
      date that shall be no earlier than 20 trading days after the Redemption Notice
      Date.

     

    9. Status
      of Stock Issuable on Exercise of Warrant.
      The
      Company covenants that all shares of Common Stock which may be issued upon
      the
      exercise of this Warrant will, upon exercise, be duly authorized, validly
      issued, fully paid and nonassessable and free from all taxes, liens and charges
      in respect of the issue thereof (other than taxes in respect of any transfer
      occurring contemporaneously with such issue).

     

    10. Assignment;
      Exchange of Warrant.
      Subject
      to compliance with any applicable securities laws and the conditions set forth
      in any restrictive legend appearing on the face hereof, this Warrant and all
      rights hereunder are transferable, in whole or in part, upon surrender of this
      Warrant at the principal office of the Company, together with a written
      assignment of this Warrant substantially in the form attached hereto as Exhibit
      B duly executed by the Holder or its agent or attorney and funds sufficient
      to
      pay any transfer taxes payable upon the making of such transfer. Upon such
      surrender and, if required, such payment, the Company shall execute and deliver
      a new Warrant or Warrants in the name of the assignee or assignees and in the
      denomination or denominations specified in such instrument of assignment, and
      shall issue to the assignor a new Warrant evidencing the portion of this Warrant
      not so assigned, and this Warrant shall promptly be cancelled. A Warrant, if
      properly assigned, may be exercised by a new holder for the purchase of Warrant
      Shares without having a new Warrant issued.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    11. Replacement
      of Warrant.
      On
      receipt of evidence reasonably satisfactory to the Company of the loss, theft,
      destruction or mutilation of this Warrant and, in the case of any such loss,
      theft or destruction of this Warrant, on delivery of an indemnity agreement
      or
      security reasonably satisfactory in form and amount to the Company or, in the
      case of any such mutilation, on surrender and cancellation of this Warrant,
      the
      Company at its expense will execute and deliver, in lieu thereof, a new Warrant
      of like tenor.

     

    12. Warrant
      Agent.
      The
      Company may, by written notice to the each Holder of the Warrant, appoint an
      agent for the purpose of issuing Common Stock (or Other Securities) on the
      exercise of this Warrant pursuant to Section 1, and replacing this Warrant
      pursuant to Section 8, or any of the foregoing, and thereafter any such
      issuance, exchange or replacement, as the case may be, shall be made at such
      office by such agent.

     

    13. Transfer
      on the Company’s Books.
      Until
      this Warrant is transferred on the books of the Company, the Company may treat
      the registered Holder hereof as the absolute owner hereof for all purposes,
      notwithstanding any notice to the contrary.

     

    14. No
      Rights as Shareholder Until Exercise.
      This
      Warrant does not entitle the Holder to any voting rights or other rights as
      a
      shareholder of the Company prior to the exercise hereof.

     

    15. Saturdays,
      Sundays, Holidays, etc.
      If the
      last or appointed day for the taking of any action or the expiration of any
      right required or granted herein shall be a Saturday, Sunday or a legal holiday,
      then such action may be taken or such right may be exercised on the next
      succeeding day not a Saturday, Sunday or legal holiday.

     

    16. Notices,
      Etc.
      All
      notices and other communications from the Company to the Holder shall be mailed
      by first class registered or certified mail, postage prepaid, at such address
      as
      may have been furnished to the Company in writing by such Holder or, until
      any
      such Holder furnishes to the Company an address, then to, and at the address
      of,
      the last Holder who has so furnished an address to the Company.

     

    17. Miscellaneous.
      This
      Warrant and any term hereof may be changed, waived, discharged or terminated
      only by an instrument in writing signed by the party against which enforcement
      of such change, waiver, discharge or termination is sought. THIS WARRANT SHALL
      BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF STATE OF NEW YORK
      WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS. ANY ACTION BROUGHT CONCERNING
      THE TRANSACTIONS CONTEMPLATED BY THIS WARRANT SHALL BE BROUGHT ONLY IN THE
      STATE
      COURTS OF NEW YORK OR IN THE FEDERAL COURTS LOCATED IN THE STATE OF NEW YORK;
      PROVIDED, HOWEVER, THAT THE HOLDER MAY CHOOSE TO WAIVE THIS PROVISION AND BRING
      AN ACTION OUTSIDE THE STATE OF NEW YORK. The individuals executing this Warrant
      on behalf of the Company agree to submit to the jurisdiction of such courts
      and
      waive trial by jury. The prevailing party shall be entitled to recover from
      the
      other party its reasonable attorneys’ fees and costs. In the event that any
      provision of this Warrant is invalid or unenforceable under any applicable
      statute or rule of law, then such provision shall be deemed inoperative to
      the
      extent that it may conflict therewith and shall be deemed modified to conform
      with such statute or rule of law. Any such provision which may prove invalid
      or
      unenforceable under any law shall not affect the validity or enforceability
      of
      any other provision of this Warrant. The headings in this Warrant are for
      purposes of reference only, and shall not limit or otherwise affect any of
      the
      terms hereof. The invalidity or unenforceability of any provision hereof shall
      in no way affect the validity or enforceability of any other provision hereof.
      The Company acknowledges that legal counsel participated in the preparation
      of
      this Warrant and, therefore, stipulates that the rule of construction that
      ambiguities are to be resolved against the drafting party shall not be applied
      in the interpretation of this Warrant to favor any party against the other
      party.

     

    [BALANCE
      OF PAGE INTENTIONALLY LEFT BLANK;

    SIGNATURE
      PAGE FOLLOWS]

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the Company has executed this Warrant as of the date first
      written above.

     

    
      	 	 	 	
              GENERAL
                COMPONENTS, INC.

            
	
               

            	 	 	 
	
              WITNESS:

            	 	 	 
	 	 	 	
              By: /s/
                Simon Mu

            
	/s/ Michael
              Rapp	 	 	
              

              Name: Simon
                Mu

            
	
              

            	 	 	
              Title: Chairman
                and Chief Executive Officer

            

    

     

    
      	
              ACKNOWLEDGED:

            	 	 	 
	 	 	 	 
	
              MAGICAL
                INSIGHT INVESTMENT LIMITED

            	 	 	 
	 	 	 	 
	
              By:
                /s/
                Li Ming

            	 	 	 
	
              
                

              

              Name:
                Li Ming

            	 	 	
            
	
              Title:
                Chief Executive Officer

            	 	 	 

    

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    Exhibit
      A

     

    FORM
      OF SUBSCRIPTION

    (To
      Be
      Signed Only On Exercise Of Warrant)

     

    TO: General
      Components, Inc.

     

    Attention: Chief
      Financial Officer

     

    The
      undersigned, pursuant to the provisions set forth in the attached Warrant hereby
      irrevocable elects to purchase ___ shares of Common Stock covered by such
      Warrant.

     

    The
      undersigned herewith makes payment of the full Exercise Price for such shares
      at
      the price per share provided for in such Warrant, which is $___________. Such
      payment takes the form of lawful money of the United States.

     

    The
      undersigned is an “accredited investor” as defined in Regulation D or a “non-US
      person” as defined in Regulation S, each as promulgated under the Securities Act
      of 1933, as amended.

     

    The
      undersigned represents and warrants that all offers and sales by the undersigned
      of the securities issuable upon exercise of the within Warrant shall be made
      pursuant to registration of the Common Stock under the Securities Act of 1933,
      as amended (the “Securities Act”) or pursuant to an exemption from registration
      under the Securities Act.

     

    
      	 	 	 
	Dated: ________________________	  	 
	 	
              
(Signature
              must conform to name of holder as specified on the
              face of the Warrant)
	 	 
	 	
              Address: 

            
	 	
              
                

              

            
	 	
              
                
 

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Exhibit
      B

    

    FORM
      OF ASSIGNMENT

    

    (To
      assign the foregoing warrant, execute

    this
      form
      and supply required information. 

    Do
      not
      use this form to exercise the warrant.)

    

    FOR
      VALUE
      RECEIVED, the foregoing Warrant and all rights evidenced thereby are hereby
      assigned to 

     

    ______________________________________________
      whose address is 

     

    _____________________________________________________________________________.

     

    _____________________________________________________________________________

     

    Dated:
      ______________, _______

    

    

    Holder’s
      Signature: ____________________________

    

    Holder’s
      Address:   ____________________________

                                                                                
      

    ____________________________

    

    Signature
      Guaranteed: ___________________________________________

    

    NOTE:
      The
      signature to this Assignment Form must correspond with the name as it appears
      on
      the face of the Warrant, without alteration or enlargement or any change
      whatsoever, and must be guaranteed by a bank or trust company. Officers of
      corporations and those acting in a fiduciary or other representative capacity
      should file proper evidence of authority to assign the foregoing
      Warrant.

     

    
      
        
        

      

      
        B-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}]]