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Exhibit 10.5

Industrial Products Purchase Agreement

(English Translation)

Seller: Tangshan SanYou Chemical Industry, Inc.

Buyer: Fuxin Hengrui Technology Co., Ltd.

Dated: January 1, 2007

Place: Tangshan city NanBao Development Zone

1.

Subject matter, quantity, price and delivery time

 

Item

Brand

Specification

Unit

Quantity

Price per

unit

Delivery time and quantity

Total

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

 

 

Pure alkali

Sanyou

40kg

Ton

20000

1,900

20000

1000

1000

1600

1600

1700

1700

1800

1800

1800

2000

20000

2000

 

 

Total price

RMB 38,000,000

 

 

 

2.

Price and quantity: The unit price is the reference price in Section 1.  The
final sales price and quantity are to be determined by the orders faxed between
the parties each month and the aforesaid orders shall be  constitute an
attachment to this Agreement.

 

3.

Quality. The quality must comply with  GB210.I-2004, II superior product.

 

4.

Quality Report:  Written claim notice on the quality problem of provided goods
shall be provided to the Seller within three days after the delivery of the
goods to the Buyer.

 

5.

5 Packing :  Inside thin film bag.

 

6.

Accessories

 

7.

Reasonable diminution standard and calculation: 10 bags shall be selected
randomly in each batch of goods to be weighed, and the average error shall not
be more than 0.2KG/BAG.

 

8.

The title of the subject matter will be transferred from the Seller to the Buyer
at the Seller’s loading port, provided, however, that in the event that the
Buyer fails to make the payment under this Agreement, the title remains to the
Seller.  

 

9.

Delivery and place：The Seller’s loading premises .

 

10.

Transportation and related expense: The buyer pays all transportation costs.
 

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11.

Inspection standards, method ,place, deadline: GB210.I-2004, II superior
product; written claim notice on the quality problem of provided goods shall be
provided to the Seller within three days after the delivery of the goods to the
Buyer.

 

12.

Payment: Delivery upon payment in cash

 

13.

Termination of the Agreement:  the Agreement may be terminated upon the
occurrence of any of the following events:

a.

Any party is unable to perform the Agreement because of dissolution, winding-up
or litigation;

b.

Suspension of business ordered by a government authority;

c.

Any party’s default renders the performance under the Agreement no longer
necessary; and

d.

Termination by mutual consent of the parties

 

Unless terminated upon mutual consent of both parties, the terminating party
shall provide a written notice to the other party (including letter and
facsimile).

 

14.

Default Liability: In case of an even of default, the defaulting party shall pay
for all the loss resulted from the default.  In case of failure of making due
payment, the Buyer shall pay a daily interest at 0.05% on any overdue payment to
the Seller.

 

15.

Dispute settlement: All disputes between the Parties arising out of or in
connection with this Agreement shall be settled between the parties by
discussion and mutual accord.  If a mutual accord cannot be reached between the
parties, both parties agree that the dispute shall be adjudicated by the court
in the jurisdiction where the seller domiciles.
 

16.

Other matters.

 

17.

Confidentiality:  The terms and provisions of this Agreement are strictly
confidential.  Any party who breaches this provision shall be responsible for
the other party’s loss caused by such breach.

 

18.

All faxed order between parties are deemed attachments to this Agreement and
have equal legal effects.  This Agreement is executed in two copies, each of
which when so executed and stamped by both parties’ official seals shall be
deemed effective. This Agreement expires on December 31, 2007.

 

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Buyer

Seller

Fuxin Hengrui Technology Co.,Ltd.

Adress:117-18 Chuangye Road Haizhou District, Fuxin

Tangshan Chemical industry Co., Ltd.

Address: Nanbao Development Zone Tangshan City

    The Buyer:  /s/ The Seller: /s/

 

 

 

 

 

 

 

 

 

 

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