Asset Transfer Agreement Asset Transfer Agreement This Agreement is entered into by the following parties on _________day, _________month, _________, in the People's Republic of China (hereinafter referred to as "China") _________: Transferor: _________ (hereinafter referred to as "Party A"), whose legal address is: _________; Transferee: _________ (hereinafter referred to as "Party B"), whose legal address is: _________. WHEREAS: 1. Party A is an enterprise legal person legally established and validly existing in accordance with Chinese laws, and legally holds all the assets of _________ (as defined below); 2. Party B is a limited liability company legally established and validly existing in accordance with Chinese laws, and is legally engaged in the business it is currently engaged in; 3. Party B intends to purchase all the assets of ________ from Party A, and Party A also intends to transfer the above assets to Party B; 4. _________The State-owned Assets Administration Bureau has issued an approval on _________day, _________, month _________, agreeing to Party A’s transfer of _________ assets to Party B. The approval is listed in Appendix 2 of this Agreement; 5. The _________State-owned Assets Management Bureau issued an approval on _________month________, year _________, confirming the asset appraisal report (as defined below) of _________. The approval is listed in Annex II of this Agreement; 6. The _________Radio and Television Bureau issued an approval on _________month__________, approving Party A to transfer _________ assets to Party B. The approval is listed in Appendix 2 of this Agreement; rumen8.com-Get Started Collect and organize introductory information 7. After friendly negotiation, Party A and Party B agreed to cooperate and cooperate to promote the smooth completion of the asset transfer between Party A and Party B. Regarding the asset transfer of _________, Party A and Party B hereby clarify their respective rights and obligations and have reached an agreement as follows: Article 1 Definition 1. _________: _________, the details of whose assets are listed in the asset appraisal report attached to this Agreement. 2. Transferring assets: that is, _________. According to the conditions stipulated in this agreement, Party A shall transfer the transferred assets to Party B. 3. Transfer Effective Date: The date when the conditions for the transfer to be effective as mentioned in Article 5 of this Agreement are fully fulfilled, or, if the above conditions for the transfer to be effective have not been fully fulfilled by _________year, _________month, _________, Party A and Party B agree in writing Another date. 4． Evaluation base date: _________year________month________day. 5. Asset Valuation Report: The valuation report of the transferred assets listed in Annex 1 of this Agreement, with the valuation base date of _________month, _________year, is prepared by _____ and has been approved by _________ State-owned Assets Confirmed by the Authority. 6. Relevant period: the period from the assessment base date (including the assessment base date) to the transfer effective date (excluding the transfer effective date). Article 2 Asset Transfer 1. According to the provisions of this Agreement, Party A agrees to transfer the transferred assets to Party B on the effective date of the transfer stipulated in this Agreement and in accordance with the conditions stipulated in this Agreement. 2. Party B agrees to transfer assets from Party A in accordance with the provisions of this Agreement. www.rumen8.com-If you are looking for introductory information, go to Getting Started 3. From the effective date of the transfer stipulated in this Agreement, Party B becomes the legal owner of the transferred assets and enjoys and assumes all rights and obligations related to the transferred assets. Party A no longer enjoys any rights and interests related to the transferred assets. It also assumes no obligations and liabilities related to the transferred assets, except as otherwise provided in this Agreement. Party A will ensure that changes to relevant contracts (including various contracts and insurance policies listed in Annex 4 and Annex 5 of this Agreement), changes to house and vehicle ownership certificates and other necessary legal documents are completed within ________ days after the effective date of the transfer. formalities. 4． From the effective date of the transfer, Party B and its authorized persons will have full rights to take over the transferred assets and use them to engage in production and business activities or conduct other disposals in accordance with the law. Article 3 Transfer of Assets Both Party A and Party B agree that on the valuation base date, all assets described in this Agreement and will be transferred to Party B on the effective date of transfer are listed in the asset valuation report in Annex I to this Agreement. Both Party A and Party B confirm that on the effective date of the transfer, Party A will transfer all the above assets to Party B, including but not limited to: 1. Equipment chattels All equipment chattels used for production listed in the asset valuation report, including but not limited to: tools, equipment, office furnishings and related devices, computers, telephones, fax machines and copy machines, as well as other office equipment and transportation tool. 2. The real estate includes computer rooms, broadcasting stations and other facilities listed in the asset appraisal report. 3. Documents and Information All business records, financial and accounting records, operating records, statistical data, instructions, maintenance manuals, training manuals and other documents and information related to or ancillary to the transferred assets, whether in text form or computer software , hardware form or other form to be recorded.