Attached files
Exhibit 10.27
HUIPU ELECTRONICS (SHENZHEN) CO., LTD
Add: Block R2-A2, South
District, High-tech Park,
Nanshan Dristrict, Shenzhen City
Tel:
0755-26984710 Fax: 0755-2698740
Web: www.huipu.com.cn
HUIPU ELECTRONICS (SHENZHEN) CO., LTD
General Purchase Contract
| Buyer: Huipu Electronics (Shenzhen) Co., Ltd. | Contract No. HPC200826002 |
| Seller: iASPEC Software Co., Ltd. | Date: August 26, 2008 |
| NO. | Items | Descriptions | Quantity | Unit Price | Sub-Total (RMB) |
| 1 | 19W Widescreen | LCD/No DV1/No Speaker/All black | 58,800.00 | 795.00 | 46,746,000.00 |
| 2 | 15"LCD TV | HITACH | 1,243.00 | 664.00 | 825,352.00 |
| 3 | 26"LCD TV | All Weiguan Inventory | 2,000.00 | 1,718.00 | 3,436,000.00 |
| 4 | 40"LCD TV | All Weiguan Inventory | 2,000.00 | 3,020.00 | 6,040,000.00 |
| Total | 57,047,352.00 |
Remarks:
1. Delivery date: Sep 1-Sep 30, 2008 (Specific delivery date to be notified). 2. Quality standards: Standard ex-factory inspection as agreed by both parties. 3. Trade terms: FOB ShenZhen.
4. Payment terms: L/C at sight.
5. Inspection and Demurs: Within three days from the goods delivered to the Buyer' factory.
6. Spare parts: None.
7. Packing: PE Bag
8. Enforcibility and Dispute Settlement: Facsimile of the Contract upon execution by both parties shall be deemed equally authentic. The Contract is governed by PRC Law. All disputes in connection with this contract or the execution thereof shall be settled at the court of Shenzhen Nanshan District.
| Buyer: | Seller: |
| Huipu Electronic (Shenzhen) Co., Ltd | iASPEC Software Co., Ltd. |
| SIGNATURE | SIGNATURE |
| ……………………………………………… | ……………………………………………… |
| Lu Zhi Duan | Ding Quan |
| Date: August 26, 2008 | Date: August 26, 2008 |