Exhibit 10.3
 
Summary of Consultancy Agreement

Client:
Guangzhou City Clifford Development (Panyu) Company Limited
   
Consultant :
Hitech Company Limited
   
Date:
April 1, 2008
   
Consultancy services:
Guangzhou City Clifford Development (Panyu ) Company Limited ( the “Client”)
wants to retain the consultancy services of Hitech Company Limited (the
“Consultant”) for all international sales, marketing planning and execution of
Panyu Shawan Project, more specifically, known as “Clifford Waterfront.”
   
Consultancy fee:
2% of the total sales of Clifford Waterfront
   
Consultancy period:
One year from April 1, 2008
   
Exclusiveness:
During the consultancy period, the Consultant shall not serve any other company
in Guangdong Province in the same consultancy capacity.

 
Specific consultancy services include:
 
1. Project development consultancy
 
2. Advertisement and public relationship promotion
 
3. Sales and marketing on sites
 
4. Others (including risk management, salespersons image consultancy, staff
training, etc.)
 
Major areas covered: Outside Mainland China, including Hong Kong SAR, Macau SAR,
Taiwan, Korea and Japan
 
 
 

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