Exhibit 10.1
 
Xinda Investment Agreement on 300,000-ton of Bio-Composite Project and Additive
Manufacturing Used Composites (3D Printing Materials) Project
Party A: Shunqing Government, Nanchong City
 
Party B: Sichuan Xinda Enterprise Group Company Limited

For the purpose of making full use of their respective advantages and promoting
mutual development, and based on the principle of equality, mutual benefit and
co-development, and through friendly negotiations, based on the facts that Party
A , Party B and Nanchong Government have entered into Xinda Strategic Investment
Agreement 300,000-ton of Bio-Composite Project and Additive Manufacturing Used
Composites (3D Printing Materials) Project ("The Strategic Investment
Agreement") and Xinda Supplemental Agreement on 300,000-ton of Bio-Composite
Project and Additive Manufacturing Used Composites (3D Printing Materials)
Project (" The Supplemental Agreement") on December 12, 2016, Party A completed
300,000 tons land acquisition and listing, Party B completed the land delisting
per the process and entered into a Land Use Right Transfer Agreement on March
13, 2017. With the fulfilled conditions to officially launch the construction
project, both parties shall agree on Party B and /or Party B's affiliate
company's (Party B's affiliate company refers to Party B's controlling company
"Xinda CI (Beijing) Investment Holdings Co., Ltd.") establishment of a
manufacturing enterprise with independent legal personality in the Party A's
Yinghua Industrial Zone in the construction of 300,000-ton Bio-Composite Project
and Additive Manufacturing Used Composites (3D Printing Materials) and related
matters, and conclude this Agreement (Hereinafter referred to as "the
Agreement"), subject to all the necessary and sufficient rights and powers to
sign this Agreement and to fulfill all the obligations set forth in this
Agreement.

Article 1.  Project Description
 
Party B and / or Party B's Affiliate Company intends to invest in the
300,000-ton bi-composite project and additive manufacturing used composites (3D
printing materials) project in Yinghua Industrial Zone of Party A. The project
information is as follows:
 
1. 300,000-ton Bio-Composite project ("Biological Project")
 
1.1 Name of the Project: Xinda 300,000-ton Bio-Composite Project
 
1.2 Project Location: Nanchong Shunqing Yinghua Industrial Zone
 
1.3 Project Land: about 215 acres (1 acre =0.0667 hectares), subject to the
actually granted land surface.
 
 

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1.4 Project description: Project description: This project should be a national
encouraged high-tech industry project. Construction of 45 full-automatic
production lines, 5 Pilot production lines (the main equipment is imported
advanced equipment or custom equipment, the others are advanced equipment in
both international and domestic industry) and accessory facilities. Plot volume
ratio ≥1.0. (The specific construction plan of the project content is subject to
the formal approval of the relevant departments and Party A is responsible for
assisting Party B to handle relevant procedures).
 
1.5 Investment: the total investment shall be RMB 2,200,000,000 (unless
otherwise stated, the currency in this Agreement, which includes attachments and
other ancillary agreements, refers to "RMB"), including the fixed assets
investment of not less than RMB 1,750,000,000.
 
1.6 Construction Commence Time: : immediately after the land delivery and
satisfaction of the Party B or its Designated Party's (in this Agreement, Party
B's "Designated Party" means a manufacturing enterprise with independent legal
personality established by Party B and / or Party B affiliated company in
Shunqing, Nanchong City) agreed conditions, no later than March 30, 2017.

1.7 Construction period: the construction period shall be completed in one phase
(including the installation, commissioning and putting into production of the
equipment). Construction launched after completing construction of dynamic
compaction, from March 30, 2017 to October 30, 2018, if the construction delay
is caused by the delay of the land dynamic compaction or non-Party B and its
Designated Party, the construction period shall be extended for the
corresponding period.
 
1.8 Completion Acceptance of Project: Upon completion of the project on
schedule, Party A shall ensure that the acceptance is completed within three
months from the date of completion (except for reasons of Party A).
 
2. Additive Manufacturing Used Composites (3D Printing Materials) Project ("3D
Project")
 
2.1 Name of the Project: Additive Manufacturing Used Composites (3D Printing
Materials) Project
 
2.2 Project Location: Nanchong Shunqing Yinghua Industrial Zone
 
2.3 Project Land: the project land shall be about 37.5 acres (1 acre =0.0667
hectares), subject to the actually granted land surface.
 
2.4 Project description: construction of an additive manufacturing used
composites (3D printing materials) project. Introduction of world-leading wire
and powder production lines, realize the annual production capacity of 100 tons
and above 3D printing used composite material with full operation.
 
2.5 Investment: the total investment shall be RMB 300,000,000, including the
fixed assets investment of not less than RMB 250,000,000.
 
2.6 Land capacity rate ≥1.0. (the specific construction plan of the project
content is subject to the formal approval of the relevant departments and Party
A is responsible for assisting Party B to handle relevant procedures)

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2.7 Construction Commence Time: immediately after the land delivery and
satisfaction of the Party B or its Designated Party's agreed conditions.
 
2.8 Construction period: The construction period shall be completed in one phase
(including equipment installation, commissioning and putting into production of
the equipment). Construction launched after completing construction of dynamic
compaction, from March 30, 2017 to December 30, 2018, if the construction delay
is caused by the delay of land dynamic compaction or non-Party B and its
Designated Party,, the construction period should be extended for the
corresponding period.
 
2.9 Final Acceptance of the Project： Upon completion of the project on schedule,
Party A shall ensure that the acceptance is completed within three months from
the date of completion (except for reasons of Party A).
 
Article 2.  Project Land
 
1. Location: The land under the Land Rights Transfer Contract that Party B has
signed is located in Nanchong Shunqing Yinghua Industrial Zone.
 
2. Land use: industrial land
 
3. Land use rights period: 50 years
 
4. Land Granting Conditions: Party A shall ensure the supplied land in line with
the park planning elevation standards (with the surrounding road elevation), to
the construction of temporary roads, water, electricity to the construction site
red line. With regard to the requirements of "seven pass and one leveling", the
facilities such as water, sewer, electricity, telecommunications, gas,
broadband, cable TV and other facilities are required to be allocated to the
plots according to the planning approval department, the roads remain smooth and
municipal facilities shall be completed when putting into operation.
 
5. The land grant fee shall be paid in one installment in accordance with
"Contract for State-Owned Construction Land Use Right Assignment". The taxes
arising from the land transaction process shall be borne by the relevant parties
following the national standards. The above-mentioned land transfer fee is the
full price paid by Party B or its Designated Party for land use rights (to avoid
further questions, in addition to above-mentioned land transfer fee, Party B or
Designated Party is not responsible for additional cost of the land including
but not limited to land acquisition compensation expenses, demolition
compensation expenses, related ancillary facilities costs, etc.
 
6. The project land shall be used for construction of the bio-composite
material, additive manufacturing used Composites (3D Printing) manufacturing
base contemplated hereunder, subject to the approved land purpose and
construction requirements. Party B shall conduct manufacturing activities
pursuant to this Agreement after the project is constructed and put into
operation, and shall not, change the business scope or the land purpose without
the approval of relevant government department.
 

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Article 3. Rights and Obligations of Party A
 
1. Land Supply
 
Party A shall ensure there is no any defect in the land under this Agreement
(including but not limited to the seizure, demolition dispute, ownership
dispute, mortgage or any other right).
 
2. Preferential Policy
 
2.1 Tax policies.
 
     Party A shall allow Party B's "Bio project" and "3D project" hereunder to
enjoy the tax preferential treatment in accordance with the provisions of
national laws and regulations. And the tax department shall provide quality
services to Party B in accordance with service standards.
     Land use tax is imposed in accordance with the Opinion of Nanchong People's
Government on Further Regulating the Preferential Policies for Investment
Promotion in Industrial Zone (Nanfufa (2012)No. 75).
 
2.2 Charges and fees policies.
Party A shall allow the project hereunder to enjoy the relevant charges and fees
policies in accordance with the Opinion of Nanchong People's Government on
Further Regulating the Preferential Policies for Investment Promotion in
Industrial Zone (Nanfufa (2012)No. 75) to ensure administrative fees of
municipal and district levels are free. Business fee is charged with the minimum
current charging standards approved by the price department. The installation
and use of water, electricity and gas facilities fees shall be charged in
accordance with the minimum standards approved by the provincial and municipal
price departments.
 
3. Project Services
 
3.1 Party A shall assist Party B to classify this Project as a key project at
national and provincial level, set up project coordination group according to 
major investment projects, and assist Party B or its Designated Party to
provide, at the cost of Party B, the full service in the course of procedure
handling and project construction, helping deal with the related issues in
project construction, production, operation and sales process to ensure that the
interests of Party B or its Designated Party in the project under this agreement
are fully implemented and implemented in a timely manner. The matters to be
handled by Party A's project coordination group should include, but not limited
to:
 
3.1.1 Project approval procedures;

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3.1.2 Party B shall submit the application for the establishment of the
Designated Party and obtain approval from the Commercial Department;
 
3.1.3 Party B shall submit the application for the establishment of the
Designated Party and obtain business license and the organization code
certificate;
 
3.1.4 Party B's Designated Party shall obtain the tax registration, foreign
exchange registration, open a foreign exchange account, and complete customs
filing and related equipment import procedures;
 
3.1.5 Party B shall obtain the construction license, including but not limited
to land use right certificate, land use approval, environmental impact
assessment procedures, construction land planning permits, construction planning
permits, construction permits, inspection procedures and deed.
 
3.1.6 Party B shall prepare the relevant procedures for the production process
after the completion of the project, including but not limited to safe
production procedures, sewage, discharge permits.
 
3.2 Party A shall facilitate and arrange on a timely basis nursery-enrollment
and schooling for Party B's employees' children in the public education
institution of Party A and waive the school selecting fees.
 
3.3 Party A shall assist Party B and its Designated Party to obtain the key
project supporting funds at the national and provincial level.
 
3.4 After the normal operation, Party A shall assist Party B's 3D Project to
obtain the Nanchong People's Government's preferential policies on supporting
the new material industry.
 
3.5 Party A shall assist Party B in handling the relationship with competent
authorities and the surrounding towns, villages and farmers, dealing with
disputes and maintaining the normal production order of Party B.
 
4. Construction Conditions
Party A undertakes to provide necessary temporary power, water and access to
construction site during the construction period according to the land grant
notice.
 
5. Protection of Rights and Interests
 
Party A shall protect according to laws the personal, property safety and other
rights and interests of Party B and its staff. During the period of land use,
any project land, or any projects, constructions or equipment related to the
Agreement shall not be forcibly levied or confiscated (except for force majeure
and major national policy adjustments.)
 
6. Performance Supervision
 
Party A shall have the right to supervise the performance by Party B from time
to time.

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Article 4.  Rights and Obligations of Party B
 
1. Design Approval and Construction
After being granted the project land hereunder, Party B shall prepare the
construction design (provided that the layout shall be submitted to Party A) and
engage qualified construction staff for the project. All the documents related
to the construction, design and builder qualification shall be approved by or
registered with the competent authorities of Party A.
The overall construction site design, planning and design program and working
plan shall be subject to the approval procedure after being reviewed by Party A.
 
2. Talent Introduction
Party B shall establish an industry technology research institute in Nanchong
manufacturing site, which shall be mainly composed of personnel with doctor
degree and supplemented by personnel with master degree. After establishment of
such research institute, Party B shall have at least 500 senior and medium level
management personnel and R&D personnel in Nanchong base.

3. Performance Bond
 
Party B shall pay Party A a performance bond of RMB 10 million to Party A within
30 working days after the signing of this Agreement. Party A shall be
responsible for one-time return (no interest rate) within 30 working days after
Party B has completed and put into operation on schedule and accepted by Party A
If Party B requests the refund and Party A fails to return the performance bond
within the time limit stipulated in this Article, the overdue payment shall be
paid in 0.2‰ of the performance bond.
 
4. Construction Progress
 
Party B or the Designated Party shall obtain the project land according to laws
and shall complete the construction and put into operation at the time agreed
upon by the agreement.
 
5. Investment Intensity
 
The project shall be a national encouraged high-tech industry project and Party
B shall commit to the fixed asset investment of not less than RMB 2,000,000,000,
capacity rate≥1.0.
 
6. Establishment of Enterprise and Tax payment
 
6.1 Establishment of an enterprise. Party B undertakes to establish a
manufacturing enterprise by Party B and/ or Party B's affiliated companies with
independent legal personality in Shunqing, Nanchong, and carries out
registration procedure and engages in the construction, operation,
manufacturing, exportation and domestic distribution activities as an
independent legal person for the purpose of the project hereunder, in order to
ensure the tax payment for the above procedures to be levied in Shunqing
District.
 

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6.2 Tax. Party B undertakes that the project shall be put into production in
2019 as scheduled and fully productional in 2020 and shall realize an annual
sales income of not less than RMB 5,000,000,000, and annual overall tax payment
of not less than RMB 100,000,000 (except in case of force majeure event or other
reasons as a result of Party B or its Designated Party, the "Tax Payment" in
this Agreement is calculated by the taxable income before enjoying the relevant
preferential policies).
 
7. Environment Protection
 
Party B shall conduct the construction project under this Agreement in
compliance with the national standards concerning waste water, exhaust gas,
noise, and solid waste emissions for corresponding functional zones. Party B or
Party B's Designated Party shall solely be responsible for waste disposal and
ensure that the "Three Wastes" emission shall be compliant and carry out the
prevention and control of water loss and soil erosion. Party A shall assist this
procedure.
 
8. Security Guarantee
 
Party B shall implement the "security assessment" based on the "Three
Simultaneities" system and carry out the high-quality construction and safety
production and shall be fully liable for any quality or security incidents.
Party A shall assist in dealing with the above incidents.
 
9. Labor
 
Party B shall undertake to recruit any non-technical workers in priority from
the local labor market under the same conditions.
 
10. Coordination
 
Party A shall be entitled to supervise Party B in its construction and Party B
shall have the obligation to submit to Party A any construction or performance
materials and statements as required by Party A.
 
Article 5. Breach of contract
 
1. Any party who violates this Agreement shall bear the liability for breaching
contract and compensates other party the losses; if both parties breach the
contract, each shall bear the corresponding responsibilities.
 
2. Failure to grant land. Party A shall, in accordance with the provisions of
this agreement, grant the land on time. Party B shall have the right terminate
the agreement, and Party A shall return the payment (including but not limited
to: the land transfer price, etc.) paid by Party B and its Designated Party and
pay the interest of all the above sums to Party B or its Designated Party at the
bank loan interest rate at the same time, if Party A delays to deliver the land
beyond 180 days or Party B fails to construct 30 days after receipt of the
notice on Party A's admission to construct(except for force majeure),or Party A
fails to list the land by May 30, 2017.

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3. Payment default. Party B or its Designated Party shall pay the land use right
transfer price on time, in accordance with the "Contract for State-Owned
Construction Land Use Right Assignment". Party A shall have the right to
terminate the agreement and take back the land use right according to the
relevant provisions and shall not return the payment paid by Party B and its
Designated Party (including but not limited to: performance bond, land transfer
price, etc.), if Party B or its Designated Party is postponed to pay for more
than 180 days, and the buildings on the ground shall be demolished by Party B or
its designated parties free of charge and shall not be compensated, unless
otherwise agreed by both parties.
 
4. Construction Delay. After the project land satisfies the Party B or Party B's
Designated Party' construction conditions, Party B or Party B's Designated Party
shall start construction on time on the date as stipulated in this Agreement.
Party A has the right to terminate the agreement and take back the land use
right free of charge and shall not return the payment paid by Party B and its
Designated Party (including but not limited to project performance bond, land
transfer price, etc.) that Party B and its Designated Party have paid, if Party
B or its Designated Party is postponed to commence for more than 60 days.
 
5. Termination of the project. Party A shall have the right to terminate the
agreement and to take back the land use right free of charge and shall not
return the payment (including but not limited to the project performance bond,
land transfer price, etc.) paid by Party B and its Designated Party, and the
buildings and structures that have been built underground and on the ground
shall be demolished by Party B or its Designated Party free of charge and shall
not be compensated, if Party B terminates the construction of the project for
its own reasons, submit to Party A the termination of the implementation of this
agreement and apply for the return of land, or Party B has caused the project
construction period to exceed the agreed period of this Agreement for 2 months
due to its own reasons.
 
6. The investment intensity of the fixed assets of the project fails to meet the
agreement. After Party B is fully completed and put into production, Party A
shall entrust the professional evaluation institution to evaluate the investment
intensity of the fixed assets of the project. If Party B failed to reach the
agreement, Party A shall notify Party B in writing .If Party B fails to complete
the rectification or rectification does not meet the agreement within 6 months
from the date of written notice ,Party B shall bear the liability for breach of
contract; when completion of fixed assets investment of less than 70% (excluding
70%), Party A has the right to terminate this agreement, not to return Party B
the project performance bond, and is free of charge to take back the land use
rights under this agreement. Party B or its Designated Party shall pay Party A a
liquidated damages equivalent to the difference between the actual investment
amount and the agreed investment amount within one month. Party A shall also
require Party B or its Designated Party to demolish the building and structures
underground and on the ground and restore the site and the buildings and
structures that have been built within the scope of the parcel are not
compensated; When completion of fixed assets investment of 70% but less than
100%, Party A shall not refund the project performance bond paid by Party B, and
Party B or its Designated Party shall pay Party A the liquidated damages
equivalent to the difference between the actual investment amount and the agreed
investment amount within one month and continue to invest to make up the
investment difference.
 
 

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7. Comprehensive tax fails to meet the agreement. If Party B's annual
comprehensive tax does not meet the agreement, Party B or its Designated Party
should pay Party A liquidated damages within first three 3 months of the next
year. The amount of liquidated damages for the agreement shall be a
comprehensive tax minus Party B and its Designated Party's actual comprehensive
tax. If Party B fails to perform this Agreement and causes the relevant
comprehensive tax to fail to reach the agreed terms (affirmedby Party A), Party
B and its Designated Party shall be exempted from any force majeure due to
national policy or significant influence of the economic environment.
 
8. Stop or change the scope of production and operation of the project. If Party
B or the Designated Party, due to the reasons other than exemptions or Party A's
failure to perform this Agreement, ceases the production and operation of the
project or changes the scope of production and operation of the project without
authorization, Party A shall notify Party B or the Designated Party within a
limited period of time to complete the rectification, such as a written notice
notifying that if Party B cannot complete the rectification within one month
from the date, Party A has the right to terminate this agreement, not to return
Party B the project performance bond and take back the land use right under this
Agreement free of charge, and Party B or its Designated Party shall demolish the
building and structures underground and on the ground and restore the site and
the buildings and structures that have been built within the scope of the parcel
are not compensated. For the avoidance of doubt, Party B or its Designated Party
shall not be liable for breach of contract if Party B or its Designated Party
ceases the production and operation of the project or changes the scope of
production and operation of the project due to exemptions or Party A's failure
to perform this Agreement; If it is necessary to change, it shall be determined
by both, and Party A shall provide positive assistance and cooperation for the
change of Party B or its Designated Party.
 
9. Exemptions
 
In the event that the occurrence of major changes in national laws and
regulations, or force majeure events due to earthquakes, typhoons, floods,
fires, wars, and other unforeseen events that cannot be prevented or avoided by
their occurrence and consequences (collectively referred to as "exemptions" )
causes the result that the performance of this Agreement is directly affected or
the performance of the Agreement cannot be fulfilled, the party having the above
exemptions shall inform the other party within 7 working days and shall provide
a valid supporting document containing the details of the exemptions and the
reasons for the inability to perform or requirement of deferred fulfillment in
whole or in part of this Agreement within 5 working days from the date of the
notification. The parties shall, within 2 months after the occurrence of the
exemption, negotiate whether to terminate this Agreement or exempt from the
performance of the agreement within the scope of the exemptions or extend the
time limit for the execution of the agreement. If both parties agree to
terminate this agreement, both parties shall not bear the liability for breach
of contract, the relevant matters to be negotiated.

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Article 6.  Co-Responsibility
 
6.1 Confidentiality. Unless otherwise required by laws, government or stock
exchanges, each Party shall strictly keep confidential the content of this
Agreement and all the information or materials of the other Parties obtained in
the performance of this Agreement and shall not disclose or provide to any other
persons without the prior written notice of the other Parties, or use such
information or materials for any purpose other than those provided herein.
 
6.2 Good Faith. This Agreement shall be binding upon all the Parties upon
execution. Each Party shall perform its obligations hereunder based on the
principle of "honoring contract and having good faith".
 
6.3 Both parties shall have the necessary rights and have acquired all necessary
authorizations to sign and perform this Agreement. The obligations under this
Agreement are binding and enforceable in accordance with the law.
 
6.4 Party A shall agree, that Party B and/ or Party B affiliated companies,
after severally or jointly completing the establishment procedures on setting up
a legal manufacturing entity in Shunqing District, Nanchong City, shall be
entitled to assign all the rights and obligations under this Agreement to the
manufacturing entity ("Party B's Designated Party" under this Agreement) and
Party A shall coordinate with it and issue or sign any necessary documents or
procedures, provided that Party B shall bear joint and several liabilities to
the performance of its Designated Party.
 
Article 7.  Other Provisions
 
1. This Agreement shall be legally binding on both parties to Party B and shall
be subject to the terms of this Agreement and shall be subject to the terms of
this Agreement if there is any conflict between the terms of this Agreement and
the terms of the Strategic Investment Agreement,
Supplemental Agreement and other documents signed before this Agreement, Subject
to the terms of this Agreement.
 
2. The matters not covered by this Agreement shall be negotiated by the parties
and signed in writing.
 
3. The establishment, signing, validity, interpretation and performance of this
Agreement shall be governed by the laws of the People's Republic of China. All
disputes relating to this Agreement shall be settled in consultation with each
other and in a friendly manner. If the negotiation fails, either party shall
bring a lawsuit to the People 's Court with jurisdiction over Party A' s
location.
 
4. The validity, legality, or enforceability of the rest of this Agreement shall
not be affected or compromised in any way if any one, multiple, or partial
agreement of this Agreement is determined to be invalid, unlawful or
unenforceable by law.
 
The parties shall, in good faith, seek to replace those invalid, unlawful or
unenforceable agreements with the maximum permissible and effective agreement
between the parties and the expectations of the parties, and the economic
effects arising from such effective agreement shall be as effective as those
legitimate or non-enforceable agreements.

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5. This Agreement shall come into effect upon execution by the legal/authorized
representative of each Party with the common seal affixed thereto.
 
6. This Agreement is executed in eight counterparts and each Party shall keep
four copies.
 
 
[Remainder of this page has been intentionally left blank.]

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(Signature page to Xinda Strategic Investment Agreement on 300,000-ton
Bio-Composite Project and Additive Manufacturing Used Composites (3D Printing
Materials) Project)
 
IN WITNESS HEREOF, the following two Parties have signed the Agreement:

    Party A: Shunqing Government, Nanchong City (Seal)
    Signed by Legal Representative or Authorized
     Representative: 　　　　 (signature)

     Party B: Sichuan Xinda Enterprise Group Co. Ltd. (Seal)
    Signed by Legal Representative or Authorized
     Representative: 　　　　 (signature)
Date of execution: 03/17/2017

 
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