This excerpt taken from the CTFO 8-K filed Feb 6, 2009.
RATE OF PLEDGE AND TERM OF
Rate of Pledge
Rate of Pledge shall be 100%.
Term of Pledge
Pledge of the Equity Interest under this Agreement shall take effect as of
the date when the Equity Interest under this Agreement are recorded in the
Register of Shareholder of Group and registered with the competent
Administration for Industry and Commerce. The Term of the
Pledge is the same as the term of Service
the Term of Pledge, the Pledgors shall not be entitled to dispose of the
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