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Exhibit 10.10

Summary of Guaranty Contract of Maximum Amount

Summary of Guaranty Contract of Maximum Amount ( the “Contract”) Entered into by
and between Changzhou Wujin Best Cable Co., Ltd. (the “Guarantor”) and Wujin
Branch, Agricultural Bank of China (the “Creditor”) Dated June 20, 2009

Main contents:

 * Guaranty Contract number: 32905200900003022.

 * Changzhou Best Appliance Cable Co., Ltd. undertakes to assume joint and
   several liabilities for Changzhou Shunfeng Packing Vessel Co., Ltd. (the
   “Obligor”)’s indebtedness towards Agricultural Bank of China occurred from
   June 20, 2009 to December 31, 2010, and the maximum amount secured is RMB 15
   million.

 * Guaranty Responsibility: The guaranty under this Contract shall be guaranty
   with joint and several liabilities. The Guarantor is obligated to pay off the
   debt in the event the Obligor is unable to pay off the debt (including the
   Creditor declares the debt becomes mature in advance to its original expiry
   date due to default of the Obligor or the Guarantor).

 * Scope of Guaranty: The guaranty shall cover all of the loan principal,
   interest, penalty interest, breach of contract compensation, damages,
   undertaking fee and all the expenses such as litigation cost, lawyer’s fee,
   notification cost and public notice cost etc. which is incurred to the
   Creditor in realizing its creditor’s right.

 * Guaranty Period: The guaranty period is from the effective date of this
   Contract to two years after the expiry of the term of relevant agreements
   entered into under the Contract.

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