Translation of Trust Agreement for Hugh Wang’s Beneficial Ownership of Timesway Shares on Behalf of PJCL Employees

Exhibit 10.6

Translation of Trust Agreement for ▇▇▇▇ ▇▇▇▇’▇ Beneficial Ownership of Timesway Shares on Behalf of PJCL Employees

Consigner: ____________
ID. No.: ______________
Consignee: Wang Hu
ID. No.: 370102195907053717

The consigner, _____________, actually holds _____ of the share issued by Timesway Group Limited (including option). Timesway Group Limited holds 94.12% of the share issued by Pansoft Company Limited, thus I actually hold indirectly _______ of the share issued by Pansoft Company Limited (including option). Now, the share (including option) I actually hold is authorized to the consignee to hold.


Signature of Consigner: ________ Signature of Consignee: Wang Hu
 
Date: __________      Date: ___________


This letter of authorization shall be executed in three copies, each of which shall be deemed an original. One copy shall be given to the Consigner, another copy to Consignee, and the third copy shall be kept in the Company for reference.

-1-
 

Shareholder list of Pansoft Company Limited and Pansoft Pansoft (Jinan) Co., Ltd

 
Name
Timeway Shares
Pansoft shares
Pansoft shares (%)
Timeway shares (%)
1
▇▇▇▇▇▇▇▇ ▇▇▇
875,000
823,550
16.47%
17.50%
2
▇▇ ▇▇▇▇
875,000
823,550
16.47%
17.50%
3
YanDong Li
166,500
156,710
3.13%
3.33%
4
Bingzhang Ren
166,500
156,710
3.13%
3.33%
5
Liangshan Shi
166,500
156,710
3.13%
3.33%
6
Huawen Song
166,500
156,710
3.13%
3.33%
7
▇▇▇▇▇▇▇ ▇▇▇▇▇
166,500
156,710
3.13%
3.33%
8
▇▇▇▇▇▇ ▇▇▇▇
169,375
159,416
3.19%
3.39%
9
▇▇▇▇▇▇▇ ▇▇▇▇▇
166,500
156,710
3.13%
3.33%
10
▇▇▇▇▇▇ ▇▇▇▇
94,000
88,473
1.77%
1.88%
11
FengXin Gao
94,000
88,473
1.77%
1.88%
12
▇▇▇▇▇ ▇▇
94,000
88,473
1.77%
1.88%
13
Shoulin Li
94,000
88,473
1.77%
1.88%
14
Shouqiang Li
94,000
88,473
1.77%
1.88%
15
▇▇▇ ▇▇▇
94,000
88,473
1.77%
1.88%
16
Shanyong Wei
94,000
88,473
1.77%
1.88%
17
▇▇▇▇▇▇▇▇ ▇▇▇▇
65,000
61,178
1.22%
1.30%
18
Lei Li
65,000
61,178
1.22%
1.30%
19
▇▇▇▇▇▇ ▇▇
65,000
61,178
1.22%
1.30%
20
▇▇▇▇▇▇▇▇ ▇▇▇
65,000
61,178
1.22%
1.30%
21
▇▇▇▇▇ ▇▇▇
65,000
61,178
1.22%
1.30%
22
Xinhua Sui
65,000
61,178
1.22%
1.30%
23
▇▇▇ ▇▇▇
33,000
31,060
0.62%
0.66%
24
▇▇▇▇▇▇▇ ▇▇▇
33,000
31,060
0.62%
0.66%
25
Mingsheng He
33,000
31,060
0.62%
0.66%
26
Kebing Li
33,000
31,060
0.62%
0.66%
27
Likai Li
33,000
31,060
0.62%
0.66%
28
▇▇▇▇▇ ▇▇
33,000
31,060
0.62%
0.66%
29
▇▇▇▇ ▇▇
33,000
31,060
0.62%
0.66%
30
Xueshen Li
33,000
31,060
0.62%
0.66%
31
▇▇▇▇▇▇▇ ▇▇▇
33,000
31,060
0.62%
0.66%
32
Qiancheng Lu
33,000
31,060
0.62%
0.66%
33
Qingfu Shang
33,000
31,060
0.62%
0.66%
34
▇▇▇▇▇▇ ▇▇▇▇
33,000
31,060
0.62%
0.66%
35
▇▇▇ ▇▇▇▇
33,000
31,060
0.62%
0.66%
36
Fatao Xiao
33,000
31,060
0.62%
0.66%
37
▇▇▇▇▇▇ ▇▇
33,000
31,060
0.62%
0.66%
38
▇▇▇▇ ▇▇▇▇▇
33,000
31,060
0.62%
0.66%
39
▇▇▇▇▇▇▇ ▇▇▇▇▇
33,000
31,060
0.62%
0.66%
40
▇▇▇▇▇▇▇ ▇▇▇▇▇
33,000
31,060
0.62%
0.66%
 
-2-
 
41
▇▇▇▇▇▇▇ ▇▇▇▇▇
33,000
31,060
0.62%
0.66%
42
Feisheng Zhao
33,000
31,060
0.62%
0.66%
43
▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇
33,000
31,060
0.62%
0.66%
44
▇▇▇ ▇▇▇▇
25,000
23,530
0.47%
0.50%
45
▇▇▇▇▇▇ ▇▇▇
25,000
23,530
0.47%
0.50%
46
▇▇▇▇ ▇▇▇
25,000
23,530
0.47%
0.50%
47
▇▇▇▇▇▇▇▇ ▇▇
25,000
23,530
0.47%
0.50%
48
▇▇▇ ▇▇▇
25,000
23,530
0.47%
0.50%
49
▇▇▇▇▇▇▇ ▇▇▇
25,000
23,530
0.47%
0.50%
50
Dongyang Luo
25,000
23,530
0.47%
0.50%
51
Xuqi Wang
25,000
23,530
0.47%
0.50%
52
Minghai Cao
10,000
9,412
0.19%
0.20%
53
▇▇▇▇▇▇▇ ▇▇▇
10,000
9,412
0.19%
0.20%
54
Shijun Kong
10,000
9,412
0.19%
0.20%
55
▇▇▇▇▇ ▇▇▇
10,000
9,412
0.19%
0.20%
56
▇▇▇▇▇▇▇ ▇▇▇▇
10,000
9,412
0.19%
0.20%
57
▇▇▇▇ ▇▇▇▇
10,000
9,412
0.19%
0.20%
58
▇▇▇▇▇ ▇▇▇▇
10,000
9,412
0.19%
0.20%
59
▇▇▇ ▇▇▇▇
12,125
11,412
0.23%
0.24%
60
▇▇▇▇▇▇ ▇▇▇▇
10,000
9,412
0.19%
0.20%
61
Dehai Fu
10,000
9,412
0.19%
0.20%
62
Shouzhen Fan
5,000
4,706
0.09%
0.10%
63
▇▇▇ ▇▇
5,000
4,706
0.09%
0.10%
64
▇▇▇▇ ▇▇▇▇
5,000
4,706
0.09%
0.10%
65
Bendi Xin
5,000
4,706
0.09%
0.10%
66
▇▇▇▇▇ ▇▇▇▇▇
5,000
4,706
0.09%
0.10%
67
Pengfei Qu
10,000
9,412
0.19%
0.20%
68
Yongjin Song
1,500
1,412
0.028%
0.03%
69
▇▇▇▇▇▇▇ ▇▇▇
2,000
1,871
0.038%
0.04%
 
Baring
  
294,000
5.88%
  
 
Total
5,000,000
5,000,000
100%
100%

-3-

Document Metadata

Filed: July 28th, 2008