Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - GSP-2, INC.Financial_Report.xls
EX-32.1 - CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT - GSP-2, INC.f10q0911ex32i_gsp2.htm
EX-31.1 - CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT - GSP-2, INC.f10q0911ex31i_gsp2.htm
EX-31.2 - CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT - GSP-2, INC.f10q0911ex31ii_gsp2.htm
EX-10.2 - ENGLISH TRANSLATION OF THE LINE OF CREDIT CONTRACT DATED FEBRUARY 28, 2011 BETWEEN HENGCHANG AGRICULTURE AND JILIN GONGZHULING RURAL COOPERATIVE AGRICULTURAL CREDIT UNION BANK - GSP-2, INC.f10q0911ex10ii_gsp2.htm
EX-10.3 - LINE OF CREDIT CONTRACT DATED MARCH 28, 2011 BETWEEN HENGCHANG AGRICULTURE AND CHINA CONSTRUCTION BANK - GSP-2, INC.f10q0911ex10iii_gsp2.htm
10-Q - QUARTERLY REPORT - GSP-2, INC.f10q0911_gsp2.htm
Exhibit 10.1
TRANSFER AGREEMENT
 
Party A: Jiln Nongke Hich-tech Industry Development Co., Ltd.
Party B: Jilin Hengchang Agriculture Development Co., Ltd.

After friendly negotiations between Party A and Party B, and in compliance with national laws and regulations, the agreement related to the transfer of the technology demonstration park has been reached as follows:

1.  
The subjects:
Jilin Gongzhuling National Agriculture Technology Demonstration Park (located at Liufangzi Town Shanqian Village) for 180,000 square meters of land, the building area is 4,800 square meter, low temperature vegetable cold storage freezer 800 square meter and other facilities, detail assets see exhibit).
2.  
Transfer price:
The total transfer price for all subjects is eighty seven million RMB (RMB 87,000,000).
3.  
Transaction and time:
The demonstration park will be transferred to Party B on March 10, 2011.
Party B will pay off the transfer price prior to October 15, 2011.
4.  
All taxes and fees incurred by Party A and Party B during the transaction will be borne by Party A.
5.  
Breach of Contract Responsibility:
If any of the two parties beaches the contract, it will be determined by the relevant provisions of the contract law or sent to the jurisdictional department to rule.
6.  
This contract has five copies, Party A has two copies and Party B has three copies. The effective date is the date that both parties sign this agreement.

Party A: Jilin Nongke High-tech Industry Development Co., Ltd.
Legal Representative: Ren Xunhui Corporate Seal

Party B: Jilin Hengchang Agriculture Development Co., Ltd.
Legal Representative: Wei Yushan (Corporate Seal)                                                                                     

March 1, 2011
 
 
 
 

 
Exhibit
Asset Detail Schedule
Jilin Hengchang Agriculture Development Co., Ltd.
Description
Unit
Quantity
Unit Price
Amount
Land
180,000
360.00
64,800,000.00
Building (office)
3,260
4,200.00
13,692,000.00
Low  temperature food storage freezer
800
1,930.00
1,544,000.00
Greenhouse
20
79,654.00
1,593,080.00
Gate
567
793.65
450,000.00
Sunny restaurant
1,843
194.79
359,000.00
Aluminum mobile spray can
unit
2
70,000.00
140,000.00
Cement road drainage manhole
unit
1
916,004.00
916,004.00
Micro-irrigation equipments
unit
30
3,666.67
110,000.00
Pressure can equipments
unit
1
27,000.00
27,000.00
Cement drying yard
2,400
66.67
160,000.00
Cultivation Facility
380
1,390.00
528,200.00
Processing preservation equipment
unit
780
1800.17
1,404,133.00
Premium seed warehouse
600
500.00
300,000.00
Cement road
3,460
109.83
380,000.00
Drainage pipes
1,000
20.00
20,000.00
50KVA transformer
unit
1
30,000.00
30,000.00
Electricity control cabinet
unit
3
11,000.00
33,000.00
Transmission line
unit
0.5
174,000.00
87,000.00
Underground wire
1,500
76.67
115,000.00
Culvert bridge
unit
2
15,000.00
30,000.00
White steel frame and retractable doors
unit
1
82,500.00
82,500.00
Brick Road
2,520
10.00
25,200.00
Greenery walkway
1,300
46.15
60,000.00
Sparse channel
unit
3
10,000.00
30,000.00
2 ton boiler
unit
1
36,000.00
36,000.00
Greenery trees
group
1
50,000.00
50,000.00
Total
     
87,002,117.00