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EFTA01882390

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To: David Stern From: Jeffrey Sent: Thur 5/24/2012 4:16:39 AM Subject: Re: VI : No Sorry for all the typos .Scut from my iPhonc On May 23, 2012, at 3:15 AM, David Stem < Can this be used as security for Merkin 9 All below in Chinese RMB. Begin forwarded message: From: Xin Wang Subject: NX: Date: 23 May 2012 02:57:38 GMT+01:00 To: David Stern Cc: Queenie Xiao David, wrote: >, Yidong King Till now book value of fixed assets is CNY1,836,524, which deduct depreciation from original value, breakdown as below: Items Original Value Depreciation Book Value Office Equipment 61,771 13,363 48,408 Computer 382,928 136,325 246,603 Furniture 585,294 EFTA_R1_00296013 EFTA01882390