Document:

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                                                                    EXHIBIT 10.4

Shenzhen Land Agreement No. (2001 No. 3050)

                      CONTRACT FOR GRANT OF LAND USE RIGHT

                                       of

                              SHENZHEN MUNICIPALITY

       Shenzhen Municipal Administration of Planning and State-owned Land

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(The real estate title certificate has been issued.)

                                                      Plot serial no.: T205-0017
                                                      Land use plan no.: 2001-13

          CONTRACT FOR GRANT OF LAND USE RIGHT OF SHENZHEN MUNICIPALITY

                    Shenzhen Land Agreement (2001) No. 3050

I.   Parties to the Contract

GRANTOR: Shenzhen Municipal Administration of Planning and State-owned Land
(hereinafter referred to as "Party A")

Legal Representative:   Name: Liu Jiasheng   Position: Director

Address: 3 Zhenxing Road, Futian District, Shenzhen   Tel no.: 3788590

GRANTEE: Cayman Mindray Medical Electronics (Shenzhen) Co., Ltd. (hereinafter
referred to as "Party B")

Legal Representative:   Name: Li Xiting   Position: Chairman

Address: 3/F New Energy Building, Nanshan District, Shenzhen   Tel no.: 6052356

II.  This Contract is entered into by and between Party A and Party B in
     accordance with the relevant national laws and regulations and the local
     regulations of Shenzhen Municipality and in adherence to the principle of
     equality, voluntariness and compensation.

III. The land whose use right has been granted by Party A hereunder shall still
     be owned by the People's Republic of China. Underground natural resources
     and objects buried underground shall not be included in the scope of the
     grant hereunder.

IV.  Party A shall grant the use right of the land with a plot serial number of
     T205-0017 and with an area of 8,746.2 square meters (see the delineated
     boundaries in red in the plot map) on the date hereof. Party B has no
     objection to the current status of the plot. The land shall be deemed to be
     delivered by Party A to Party B as of the date hereof.

V.   The term of the grant of the land use right under this Contract shall be 50
     years, commencing from July 18, 2001 to July 17, 2051.

VI.  The purpose of the land use right granted hereunder is for the land use in
     Shenzhen Hi-tech Industrial Park.

VII. The nature of the land hereunder is not for the purpose of commercial
     residence and the land shall not be used for real estate development.

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     1.   The land hereunder shall only be used in the project approved to be
          domiciled in Shenzhen High-tech Industrial Park by the management
          office of the park;

     2.   If Party B fails to make 30% of the investment in the structures
          within one year after the date hereof, Party A may terminate the
          Contract, withdraw the land use right and refund the land development
          fees and civil infrastructure charges;

     3.   If the land user fails to complete the construction before the
          completion date defined herein, Party A may terminate this Contract
          and withdraw the land use right. The above-ground appurtenances shall
          be demolished by the land users.

VIII. Requirements on Use of the Land

     (I)  Nature of the main building: land use in Shenzhen High-tech Industrial
          Park.

     (II) Building coverage (building density): <30%;

     (III) Building plot ratio (floor area ratio): 1.7;

     (IV) The total floor area for calculating the plot ratio is no more than
          15,000 square meters;

     (V)  Number of storey: <= 7 storeys;

     (VI) Distance to the red line and the requirements on the overall layout:

          North: 10 meters, South: 6 meters, East: 6 meters, West: 6 meters.

     (VII) Greenery coverage: _____/_____

     (VIII) Formation level of construction site (Yellow Sea Datum): _____;_____

     (IX) Distance between buildings: as per the standards

     (X)  Others:

          (1)  Domestic sewage shall be treated through a septic tank and
               discharged into the city sewage collection system.

          (2)  Capacity of parking lot: 75 vehicles.

     The architectural design shall comply with the provisions of the applicable
     architectural design criteria and standards of the state.

IX.  Party B agrees to be responsible for the landscaping, management and
     maintenance of the green plot of ____/____ square meters (see the
     delineated boundaries in green in the

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     plot map) and bear all the expenses in connection therewith. The property
     right in the green plot shall belong to the government and Party B shall be
     subject to the inspection and supervision carried out by the city gardening
     and landscaping department.

     Party B agrees to be responsible for construction of the road of __/___
     square meters (see the delineated boundaries in brown in the plot map) and
     bear all the expenses in connection therewith. The property right in the
     road shall belong to the government and the road shall be a free passage
     for vehicles and passers-by.

     X.   The land premium for the plot hereunder shall be RMB __/__, the land
     development fees shall be RMB 874,620, and the civil infrastructure charges
     shall be RMB 2,099,088, totaling RMB 2,973,708.

     Party A and Party B agree to apply 20% of the land premium to down payment
     for entering into this Contract.

XI.  Party B agrees to pay the land premium, land development fees and civil
     infrastructure charges in the method listed below as option 1:

     (I)  in a lump sum payment by Party B concurrently with the execution of
          this Contract; or

     (II) payment in installments and the interest accrued on each installment.
          Party B will be charged 1% of the monthly interest rate for each
          installment. The installments shall be made by Party B as follows:

          1. to make the first installment (including the down payment) on
          ____/____ in the amount of RMB ______/______;

          2. to make the second installment on _____/_____ in the amount of RMB
          _________/________;

          3. to make the third installment on _____/_____ in the amount of RMB
          _________/________;

          4. to make the fourth installment on _____/_____ in the amount of RMB
          _________/________.

XII. If Party B fails to make the full payment of the land premium, land
     development fees and civil infrastructure charges within the term specified
     herein, it shall be imposed a late payment charge at the rate of 0.05% of
     the amount payable for each day of delay. If Party B delays in making any
     payment for over sixty days, Party A may terminate this Contract and
     withdraw the land use right without giving any compensation.

     Where Party B only makes the down payment, it shall forfeit such payment.
     Where Party B has applied the down payment to the land premium, Party A
     shall charge Party B the

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     liquidated damages in the amount of 20% of the aggregate of the land
     development fees and civil infrastructure charges and refund the remaining
     amount to Party B and Party B shall forfeit the structures and
     appurtenances under construction over the land.

XIII. In addition to payment of the land premium, land development fees and
     civil infrastructure charges by Party B to Party A, Party B shall also pay
     the land use fees annually as provided by the relevant regulations.
     Concurrently with the execution of this Contract, Party B shall complete
     the formalities for registration of land use fees.

XIV. During the term of this Contract, if Party B fails to pay the land premium,
     land development fees and civil infrastructure charges as provided herein
     and pay the land use fees as provided by the relevant regulations, Party A
     may refuse to handle the applications for real estate title registration,
     construction permit and other related formalities or take other restrictive
     measures.

XV.  Party B may transfer, sublease, mortgage the land use right granted
     hereunder or make such land use right for other business purposes within
     the term of the land use right in accordance with the applicable laws and
     regulations and the local regulations of Shenzhen Municipality and this
     Contract. Party B's legal rights and interests granted in connection
     therewith shall be protected by law. Party B's development, use and
     operation of the land hereunder shall not impair the social benefits. Party
     B shall not dispose the plot in any way before the land use right
     registration is completed and the real estate title certificate is obtained
     by Party B.

XVI. Upon expiry of the term of the land use right granted hereunder, Party A
     may take back such land use right without giving any compensation and the
     structures and appurtenances above the land shall be acquired by Party A
     free of compensation. Party B undertakes to surrender the land and the
     above-ground structures and appurtenances to Party A on July 18, 2051 and
     complete the formalities for real estate title deregistration within ten
     days upon expiry of the term defined herein otherwise Party A may directly
     deregister such title.

     If Party B intends to continue to use the plot, it may apply for a
     renewal of the right granted hereunder six months prior to the expiry of
     the term hereof. After Party A approves and confirms the new term of the
     granted land use right, land premium and other terms, Party B may enter
     into a new contract for grant of land use right with Party A, pay the land
     premium, land development fees and civil infrastructure charges and
     complete the formalities for land use right registration.

XVII. Party B agrees, in case that Party A needs to notify Party B of any matter
     in connection herewith during the performance of this Contract, Party A may
     send such notice in a registered mail to the address of Party B set forth
     herein or make a public announcement through the media to that effect.

XVIII. The Land Use Rules shall be a constituent part of this Contract and shall
     have the legal effect equal to that of the Contract. Party B shall abide by
     the Land Use Rules.

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XIX. The conclusion, validity, interpretation and performance hereof as well as
     resolution of disputes hereunder shall be governed by the laws of the PRC.

XX.  If any dispute arises from the performance hereof, the parties hereto shall
     settle such dispute through consultation. If such consultation proves
     unsuccessful, either party may bring such dispute to a people's court.

XXI. This Contract shall become effective as of the date of execution.

XXII. This Contract is made in five counterparts. Party B shall retain three
     copies and the remaining shall be held by Party A or submitted to other
     related entities.

XXIII. Both parties may enter into separate agreements for matters not covered
     herein after negotiations.

Party A: Shenzhen Municipal              Party B: Cayman Mindray Medical
Administration of Planning and           Electronics (Shenzhen) Co., Ltd.
State-owned Land (official seal)         (official seal)

Legal Representative: /s/ (illegible)    Legal Representative: /s/ Li Xiting
                      ________________                         _________________

Authorized Agent: ____________________   Authorized Agent: _____________________

Date of Execution: July 18, 2001

Place of Execution: Shenzhen Municipal Administration of Planning and
State-owned Land, Nanshan Branch

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                                                                    EXHIBIT 10.5

                    AGREEMENT ON TRANSFER OF TRADEMARK RIGHTS

This Agreement dated as of November 20, 2002 is made and entered into by and
between the following parties in Shenzhen:

Party A: Chang Run Da Electronics (Shenzhen) Co., Ltd.

Party B: Shenzhen Mindray Bio-medical Electronics Co., Ltd.

Whereas,

     1.   Party A filed an application with the National Trademark Bureau in
          2001 to register the trademarks "MINDRAY" and "MET MINDRAY" consisting
          of both letter and logo for usage in the commodities under the
          Category 5.

     2.   Party A and Party B entered into an Agreement on Transfer of Right to
          Apply for Trademark Registration on May 13, 2002 providing that if the
          two applications for registration of the said trademarks filed in 2001
          are finally approved, Party A shall transfer such trademarks to Party
          B free of charge on the day following the grant of the approval.

     3.   On August 7, 2002, the application filed by Party A in 2001 for
          registration of the trademark "MINDRAY" in English was approved by the
          National Trademark Bureau accompanied by a Trademark Registration
          Certificate No. 1907764. The trademark is approved to be used in the
          commodities under the Category No.5, "Reagent of BC-hematology
          analyzer; Depuratives; Chemical conductors for electrocardiograph
          electrodes".

     4.   On October 7, 2002, the application filed by Party A in 2001 for
          registration of the trademark "MET MINDRAY" consisting of letter and
          logo was approved by the National Trademark Bureau accompanied by a
          Trademark Registration Certificate No. 1907765. The trademark is
          approved to be used in the commodities under the Category No.5,
          "Reagent of BC-hematology analyzer; Depuratives; Chemical conductors
          for electrocardiograph electrodes".

After friendly consultation, Party A and Party B agree as follows:

     1.   Party A will transfer the trademarks No. 1907764 and No. 1907765 held
          by it to Party B free of charge.

     2.   Party A will assist Party B to complete the formalities for change of
          the owner of the trademarks No. 1907764 and No. 1907765 with the
          National Trademark Bureau.

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     3.   This Agreement is made in four counterparts and all of them shall have
          the same legal effect. Party A and Party B shall each keep one
          counterpart and the other two shall be provided to the competent
          authority for change of the trademark owner.

                     [The end of the body of the Agreement.]

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(Signing Page of the Agreement)

Party A: Chang Run Da Electronics (Shenzhen) Co., Ltd.

          /s/ Nie Tong
---------------------------------
Legal Representative (signature):

Party B: Shenzhen Mindray Bio-medical Electronics Co., Ltd.

           /s/ Xu Hang
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Legal Representative (signature):

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