BUSINESS OPERATION AGREEMENT
This Agreement is made on the 26
th
day of November, 2008, at Shijiazhuang, People’s Republic of China (the
“PRC”) by and among the following parties:
Hebei Chuang Lian Trade Co., Ltd. ( “ Party A ”)
Registered Address: 322 East Zhongshan Road, Shijiazhuang
Legal representative: Zhang Zhongwen
Registered Hebei Shijie Kaiyuan Logistics Co., Ltd. (“ Party B ”)
Address: 322 East Zhongshan Road, Shijiazhuang
Legal representative: Peng Jinyu
WHEREAS:
NOW THEREFORE , through mutual consultations, the Parties have reached the following agreement:
For the purpose of guarantee the Agreements and obligations, Party B hereby acknowledges and agrees that,
other than with prior written consent of Party A or the third party designated by Party A, Party B will not
undertake or urge the Company to undertake any transactions which may material impact the assets,
obligations, rights or business of the company, including but not limited:
1. Party A, a wholly foreign owned enterprise organized and existing under the laws of PRC. (For the purpose
of this Agreement, excluded Hong Kong Special Administrative Region, Macau Special Administrative
Region and Taiwan hereinafter the “PRC”)
2. Party B, a limited liability company registered and existing under the laws of PRC.
3. Party A and Party B have agreed that, under the law of the PRC, Party B shall assign the equity interests of
【 48 】 Transportation Companies (hereinafter the “Company”) hold by itself to Party A or any third
party designated by Party A unconditionally. So the ordinary course of business will materially impact the
interest of Party A after the acquisition of equity interest of Party B
1. OBLIGATION
1.1
It will not undertake any business beyond the ordinary scope of business;
1
Party A has the right to inspect the business status of Company at any time and ask Party B for assistance,
including but not limited to provide the documents which Par