exhibit 10. 1 master agreement this agreement is dated june 26, 2015 ( the “ agreement ” ) between : ( 1 ) fuzhou honglong ocean fishery co., ltd., a company incorporated under the laws of china and having its office at floor 17th, fujian galaxy garden hotel, # 243, wusi road, fuzhou, prc ( “ seller ” ) ; and ( 1 ) fuzhou honglong ocean fishery co., ltd., a company incorporated under the laws of china and having its office at floor 17th, fujian galaxy garden hotel, # 243, wusi road, fuzhou, prc ( “ seller ” ) ; and ( 1 ) fuzhou honglong ocean fishery co., ltd., a company incorporated under the laws of china and having its office at floor 17th, fujian galaxy garden hotel, # 243, wusi road, fuzhou, prc ( “ seller ” ) ; and ( 2 ) pingtan marine enterprise ltd., a company incorporated under the laws of the cayman islands and having its office at 18 / f, zhongshan building a, no. 154 hudong road, fuzhou, prc 350001 ( “ buyer ” ) ( the seller and the buyer together, the “ parties ” ). ( 2 ) pingtan marine enterprise ltd., a company incorporated under the laws of the cayman islands and having its office at 18 / f, zhongshan building a, no. 154 hudong road, fuzhou, prc 350001 ( “ buyer ” ) ( the seller and the buyer together, the “ parties ” ). ( 2 ) pingtan marine enterprise ltd., a company incorporated under the laws of the cayman islands and having its office at 18 / f, zhongshan building a, no. 154 hudong road, fuzhou, prc 350001 ( “ buyer ” ) ( the seller and the buyer together, the “ parties ” ). whereas : ( a ) the seller is the sole legal and beneficial owner of each of the vessels ( as defined below ). ( a ) the seller is the sole legal and beneficial owner of each of the vessels ( as defined below ). ( a ) the seller is the sole legal and beneficial owner of each of the vessels ( as defined below ). ( b ) the seller has agreed to sell, and the buyer has agreed to buy, each of the vessels. ( b ) the seller has agreed to sell, and the buyer has agreed to