Exhibit 10.14 [LOGO] China Finance Inc. March 17, 2005 RE: Resignation of Chunlei (Charles) WANG To the Board of Directors and Shareholders: I hereby resign the position as the CFO, Secretary and Director of China Finance, Inc. (the "Company") effective immediately. Please be advised that my resignation from the Company is not a result of any disagreements with the Company on any matters relating to the Company's operations, policies, or practices. Please also be advised that I have no claim against the Company for compensation for loss of office, fees or disbursements or otherwise whatsoever. Very truly yours, /s/ Chunlei Charles Wang ------------------------------------------- Chunlei (Charles) WANG