Exhibit 2
RESCISSION AGREEMENT
AGREEMENT, made as of this ___ day of November, 2004, by and between ▇▇▇▇
▇. ▇▇▇▇ (▇▇▇▇) and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (▇▇▇▇▇▇▇▇▇) with offices at ▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (hereafter collectively the
"Sellers"); Rich Holdings Group, Inc. a Nevada Corporation with offices at ▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ("Rich")and South
Investment Group Co., Ltd ▇▇▇▇ ▇▇▇ Hui, Chen Bai Xun, ▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇, ▇▇▇▇
▇▇▇▇, ▇▇ ▇▇ Song, ▇▇▇▇▇ ▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇, ▇▇▇▇▇ Man Xi, Chen Kong Bin, ▇▇▇
▇▇ ▇▇▇ and Ye ▇▇▇▇▇ ▇▇▇▇, (hereafter, collectively the "Buyers").
WHEREAS on or about October 10, 2004 Buyers, in the aggregate purchased a
total of 1,820,800 shares (the Shares) of Rich common stock from Sellers
WHEREAS such Shares were sold and issued to Buyers in error in that among
other reasons, the acquisition of an interest in Rich by one of the Buyers South
Investment Group, Co., Ltd., is prohibited under laws of Peoples Republic of
China and
WHEREAS Sellers and Buyers wish to terminate the Agreement for Purchase of
Common Stock (the Agreement) and rescind the issuance of Shares thereunder and
WHEREAS Chen De Xing, a individual wishes to acquire the Shares and assume
Buyers obligations under the Agreement.
Now therefore, in consideration of the mutual covenants and conditions
herein contained, it is agreed as follows:
1. The sale of the Shares by Sellers to Buyers pursuant to the Agreement
is hereby rescinded as of the date entered into and the Shares shall
be returned to Rich's Transfer Agent for reissuance as herein provided
2. ▇▇▇▇ ▇▇▇▇▇▇ hereby agrees to purchase from the Sellers all of the
shares being returned to Sellers as a result of the recession of the
Agreement and hereby assumes all of Buyers obligations pursuant to the
Agreement and Sellers hereby consent and agree thereto
In witness whereof the parties have executed the agreement as of the___ day
of November 2004
RICH HOLDINGS GROUP, INC. /s/ ▇▇▇▇ ▇▇▇▇▇▇
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▇▇▇▇ ▇▇▇▇▇▇
By: /s/ /s/ ▇▇▇▇▇ ▇▇
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▇▇▇▇▇ ▇▇
South Investment Group Co. Ltd
By: /s/ /s/ ▇▇▇ ▇▇▇▇▇
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▇▇▇ ▇▇▇▇▇
/s/ ▇▇▇▇ ▇▇▇ Hui /s/ ▇▇▇▇ ▇▇
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▇▇▇▇ ▇▇▇ Hui ▇▇▇▇ ▇▇
/s/ Chen Bai Xun /s/ ▇▇▇▇▇ Man Xi
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Chen Bai ▇▇▇ ▇▇▇▇▇ Man Xi
/s/ ▇▇▇ ▇▇▇▇▇ /s/ Chen Kong Bin
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▇▇▇ ▇▇▇▇▇ Chen Kong Bin
/s/ ▇▇ ▇▇▇▇ /s/ ▇▇▇ ▇▇ ▇▇▇
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▇▇ ▇▇▇▇ ▇▇▇ ▇▇ ▇▇▇
/s/ ▇▇▇▇ ▇▇▇▇ /s/ Ye ▇▇▇▇▇ ▇▇▇▇
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Jian ▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇
/s/ Li Qu Song
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Li Qu Song