Unassociated Document


    Exhibit 10.18

     

    Purchase
Contract with Jiangyin Runde Logistics Co., Ltd.

    Time of
Execution: Jan. 5,
2010    Place of Execution: Jiangyin   Contract
No.:201001050008

     

    
      	
              I.

            	
              Name, Model, Quantity,
      Amount and Notes of Product

            


    

    


    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    	
                                                            name

                                                          	 	
                                                            Specification & model

                                                          	 	
                                                            unit

                                                          	 	
                                                            quantity

                                                          	 	 	
                                                            Unit price

                                                          	 	 	
                                                            Price(Yuan)

                                                          	 	notes
	
                                                            Wire
      Rod

                                                          	 	
                                                            13mm

                                                          	 	
                                                            ton

                                                          	 	 	4000	 	 	 	4105	 	 	 	164,200,000	 	1.	
                                                            Payment
      against delivery

                                                          
	
                                                            (82B)

                                                          	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	2.	
                                                            In
      case of change in price, the new price
      must prevail 

                                                          
	 	 
	
                                                            In
      total: RMB 164.2 million

                                                          	 
      


                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    


    
      
         


      

      
         


        
          

        

      

      
         


      

    

     

    
      	
              II.

            	
              Quality requirements
      and technical standards: enterprise
  standards

            


    

    
      	
              III.

            	
              Place and method of
      delivery: to be determined at the time of
  delivery.

            


    

    
      	
              IV.

            	
              Mode of Transportation
      and destination and undertaking of expenses: to be determined at
      the time of delivery.

            


    

    
      	
              V.

            	
              Reasonable loss and
      method of calculation: actual pounds +- 30% reasonable
      difference

            


    

    
      	
              VI.

            	
              Package
      standards: packed up into one
piece

            


    

    
      	
              VII.

            	
              Standards and method
      of inspection: subject to the letter of guarantee and the
      specification of weight of the
supplier

            


    

    
      	
              VIII.

            	
              Settlement and
      period: cash term or bank acceptance (interest so deducted
      according to suppliers’ policy)

            


    

    
      	
              IX.

            	
              In case of any needs
      for guarantee, a separate guarantee contract must be concluded and
      constitutes an attachment to the
  contract.

            


    

    
      	
              X.

            	
              Liabilities for
      breaching the contract: subject to the contract
  law

            


    

    
      	
              XI.

            	
              Settlement
      method: subject to mutual negotiation or to the jurisdiction of the
      local court where the contract is
executed.

            


    

    
      	
              XII.

            	
              Other
      convenants.

            


    

    


    
      	
              Supplier:
      Jiangyin Runde Logistics Co., Ltd. (seal)

            	 
      	
              Purchaser:
      Ossen Innovation Materials Co., Ltd. (seal)

            
	
              Address:
      No.45A, Building A, Comprehensive Logistics Area Trading
      Center

            	                
      	
              Address:
      Zhaoming Road, Ma’anshan

            
	
              Zip
      code: 214400

            	 
      	
              Zip
      code: 243000

            
	
              Phone:
      0510-86190045

            	 
      	 
      
	
              Opening
      Bank:

            	 
      	
              Opening
      Bank:

            
	
              Account
      No.:

            	 
      	
              Account
      No.:

            
	
              Tax
      No.:

            	 
      	
              Tax
      No.:

            


    

    


    Valid
period: from Jan.1, 2010 to Dec.31, 2010