Investment agreement with China Merchants Zhangzhou Development Zone for the establishment of
Merchants Zhangzhou Development Zone Innoessen Biotech Co., Ltd dated December 12, 2006
THIS AGREEMENT is dated December 13, 2006,
China Merchants Group Zhangzhou Development Zone Co., Ltd (“ZDZ”)
Address: China Merchants Building, China Merchants Group Zhangzhou Development Zone, Zhangzhou, Fujian
China Techonlogy Development Group Corporation (“CTDC”)
Address: Room 2413-18, Shui On Center, 8 Harbour Road, Wanchai, Hong Kong
WHEREAS, base on its due research and site visits, CTDC agrees that ZDZ has a unique geographical location
and favorable investment environment. With friendly negotiation and agreement, CTDC decided that China
Natures Technology Inc. (“CNT”), a subsidiary company of CTDC, to invest and establish China Merchants
Zhangzhou Development Zone Innoessen Bio-Technology Co., Ltd.(“ Zhangzhou Innoessen”) in Zhangzhou
Development Zone. The business scope of Zhangzhou Innoessen covers research, development and manufacture
of plant extraction and manufacture of composition of biological products. The two parties have reached an
agreement through friendly consultation to conclude the following agreement on investment intentions:
1 PROJECT OVERVIEW
1.1 Project Size and Business Scope
(1) The total investment of CTDC is 10,000,000 RMB, the registered capital will be 7,000,000 RMB.
(2) The annual output value of first phase of the project will be above 50,000,000 RMB.
(3) Business Scope: plant extraction and manufacture of composition of biological products.
1.2 Location of the premises and rental
The first two years beginning from the date of delivery of the above premises, the rental will be 6 RMB/m
2 per month;
From the 3rd year to the 5th year, the rental will be 7 RMB/m 2 per month;
From the 6th year to the 7th year, the rental will be 8 RMB/m 2 pe