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LianBao is also one of many largest after-sale providers platforms in South China with over a hundred,000 registered restore employees and greater than 30,000 house equipment company purchasers. Any dispute arising out of or in connection with this Agreement shall be resolved through amicable negotiation among the many events. The validity, interpretation and efficiency of this Agreement shall be governed by the laws of the People’s Republic of China.

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All financial data of the Target Company through the period beneath the management of the Transferors have been accurately prepared in accordance with related laws and guidelines and precisely current the business actions of the Target Company. The Target Company does not have any investment or financing arrangements apart from those disclosed by the Target Company in writing to the Transferee. Should Party B pay to Transferors a purchase worth of greater than RMB 1 for such extra equity as required by regulation, the portion of the purchase value more than RMB 1 shall be truly borne by Transferors. If there are any hidden money owed or guarantees immigration Lawyer Istanbul for third events, they shall be borne by Liu Jiaxing, the controller of the Company. All creditor’s rights and money owed earlier than this equity switch belong to Transferors and the Target Company. After this Agreement becomes effective, Transferee shall share the profits of the Company in proportion to the fairness of the Company it received but shall not bear any loss.

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