Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - China Teletech Holding IncFinancial_Report.xls
10-Q - 10-Q - China Teletech Holding Incform10q.htm
EX-31.2 - CFO 302 CERTFICATE - China Teletech Holding Incexh31-2.htm
EX-32.2 - CFO 906 CERTFICATE - China Teletech Holding Incexh32-2.htm
EX-32.1 - CEO 906 CERTFICATE - China Teletech Holding Incexh32-1.htm
EX-31.1 - CEO 302 CERTFICATE - China Teletech Holding Incexh31-1.htm

EXHIBIT 10.1

Sales and Purchase Agreement

Date: June 30, 2012

China Teletech Holding, Inc. ("we" or the "Seller") agreed to sell Guangzhou Global Telecommunication Company Limited to Mr. Zhu Sui Hui ("the Buyer") for CNY5,000. Both the Buyer and the Seller agreed unconditionally to waive the current accounts payable or receivable balances between China Teletech Holding, Inc. (and its subsidiaries) and Guangzhou Global Telecommunication Company Limited.

Seller:

China Teletech Holding, Inc.

By:

/s/ Yankuan Li

Name:

Yankuan Li

Buyer:

By:

/s/ Zhu Sui Hui

Name:

Zhu Sui Hui