Exhibit 10.24

                          Trademark Transfer Contract

     This  Trademark  Transfer  Contract   (hereinafter  referred  to  as  "This
Contract") is made on February 22, 2005 in Tai'an City,  Shandong Province,  the
People's Republic of China (hereinafter referred to as "PRC")

BETWEEN:
     Shangdong  Shengda  Technology Co., Ltd, a company duly organized,  validly
existing and in good standing under the laws of PRC, with its registered  office
at The  North Tip of  theEconomy  & Trade  Corridor,  Xintai  City  (hereinafter
referred to as the "Party A")

AND:
     Shandong Haize  Nanomaterials  Co., Ltd, a company duly organized,  validly
existing and in good standing as a wholly  foreign funded  enterprise  under the
laws of the  P.R.C,  with its  registered  office at Youth  Development  Zone in
Tai'an City (hereinafter referred to as the "Party B")

     WHEREAS:
     Party A's trademark of "[SHENG KE]" was  preliminarily  examined,  approved
and publicly  announced on January 21, 2005 by the trademark bureau, and Party B
hopes to become the holder of the  proprietary  right of this  trademark  at the
following terms and conditions.

     NOW, THEREFORE, the two Parties of this Contract agree as follows:

                                 CHAPTER 1  DEFINITIONS

Except as otherwise provided in this Contract,  the following terms used in this
Contract have the following meanings:



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1.    The Third Party:  refers to any  individual,  legal  person,  governmental
      agency or other  economic  entities  other  than  Party A, Party B and any
      subsidiary company, branch company of Party B.
2.    The  Trademark  Bureau:  refers to the  Trademark  Bureau  under the State
      Administration of Industry and Commerce of PRC
3.    Trademark "[SHENG KE]": refers to the trademark of "[SHENG KE]" of Party A
      illustrated  in Appendix 1 of this Contract  which has been  preliminarily
      examined and approved by the trademark bureau.


                          CHAPTER 2 TRADEMARK TRANSFER

Article 1   Party A applied to the trademark  bureau for the registration of the
            trademark  of "[SHENG  KE]"on  January 30, 2003,  and the  trademark
            bureau issued the  announcement of the  preliminary  examination and
            approval of the trademark of "[SHENG KE]" on January 21, 2005. Among
            Party A's current production,  operation and sales involving the use
            of the trademark of "[SHENG KE]" within any jurisdictional  boundary
            (within and out of the boundaries of PRC), there is no claim arising
            from the use of the  trademark of "[SHENG  KE]" or the  registration
            request or claim of the  trademark  of "[SHENG  KE]"made  by a third
            party.

Article 2   Party A agrees to, upon  becoming the  assignee of the  trademark of
            "[SHENG  KE]",  transfer the  proprietary  right of the trademark of
            "[SHENG  KE]" to Party B without  any  delay,  and Party B agrees to
            take the propriety  right of the trademark of "[SHENG KE]".  The two
            parties  agree that the  transfer  price is RMB [0]. The two parties
            agree that, after Party A acquires the trademark  certificate of the
            trademark of "[SHENG KE]", the registration  formalities of changing
            the  propriety  right of the  trademark  of "[SHENG  KE]" to Party B
            shall  be  completed  without  delay,  and the  registration  of the
            trademark  of  "[SHENG  KE]"  shall be  retained  and  extended  and
            corresponding costs shall be paid.

Article 3   After the trademark  bureau approves this Contract and this Contract
            becomes effective,  Party B shall become the holder of the propriety
            right of the  trademark of "[SHENG  KE]",  and shall have and assume
            the rights and obligations related to the trademark of "[SHENG KE]",
            and Party A has no right to have any right  related to the propriety
            right of the  trademark  of "[SHENG  KE]",  and shall not assume any
            obligation and responsibility  related to the propriety right of the
            trademark of "[SHENG KE]".



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Article 4   As the ASSIGNEE,  Party B shall be responsible  for dealing with the
            application  formalities about the transferred trademark and pay all
            relevant  costs. As the ASSIGNOR,  Party A should provide  necessary
            assistance  and provide data related to  transferred  trademark  for
            Party B, among which  include but not limit to all the documents and
            certificates  required  by the  trademark  bureau  in the  trademark
            transfer  application.  Within thirty days after the signing of this
            Contract,  Party A should  apply  to the  trademark  bureau  for the
            transfer of the trademark  together with Party B without delay,  and
            sign the  Application  Letter for  Transferring  Trademark and other
            documents related to the trademark transfer application.

Article 5   Before this Contract becomes  effective,  Party A irrevocably grants
            Party B the  permission  to use the trademark of "[SHENG KE]" and/or
            related  picture and characters  which will end in the day when this
            Contract becomes effective.

                    CHAPTER 3 REPRESENTATIONS AND WARRANTIES

Article 6   Party A and  Party B  represents  and  warrants  to  each  other  as
            follows:
      1.    It is a legal person duly  organized and validly  existing under the
            law of PRC;
      2.    It has full  power and  authority  to enter into this  Contract  and
            perform all rights and obligations to this Contract;
      3.    Its  representative  who put his/her  signature on this  Contract is
            fully  authorized  to sign this  Contract by an effective  letter of
            authorization or a decision of the board of directors; and
      4.    After  this  Contract  becomes  effective,  this  Contract  and  its
            appendix constitute valid and binding obligations on it.

Article 7   Between the signing date and the  effective  date of this  Contract,
            Party A warrants to Party B as follows:
      1.    Party A shall do its utmost to go through all legal  formalities  of
            becoming the  assignee of the  trademark  of "[TAI  FENG]",  and the
            transferred  trademark is valid and will be valid,  and has not been
            declared no longer in force and/or invalid; Party A warrants that it
            shall apply to the trademark bureau for the renewal of the trademark
            and pay  corresponding  costs so as to retain  the  validity  of the
            transferred trademark.
      2.    Whether Party A or Party B use the transferred  trademark,  it shall
            not constitute infringement of the interests of any third party.



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     3.   Party A has not authorized,  and shall not authorize,  any enterprise,
          individual,  organization or economic entity to have the permission to
          use the transferred trademark.
     4.   Except  this  Contract,  Party A has not  signed,  and shall not sign,
          trademark transfer contract regarding to the transfer of the propriety
          right of the transferred trademark with any third party.
     5.   The  transferred  trademark is free from any pledge,  encumbrance,  or
          hypothecation or other liens.

                     CHAPTER 4 EFFECTIVENESS AND TERMINATION

Article 8   This  Contract  will  become  effective  after  the  signing  of the
            authorized representatives of the two parties and the publication of
            the  approval of  trademark  transfer  on the part of the  trademark
            bureau.

               CHAPTER 5 SETTLEMENT OF DISPUTES AND APPLICABLE LAW

Article 9   The validity,  interpretation and performance of this Contract shall
            be governed by the relevant laws of the PRC.

Article 10  Any dispute  arising from the  performance of, or in connection with
            the  interpretation  of  this  Contract  shall  be  settled  through
            friendly  negotiation  between  both  parties  hereto.  In  case  no
            settlement of disputes can be reached through friendly  negotiation,
            the disputes shall be submitted to the competent People's Court with
            jurisdiction by any party.

                             CHAPTER 6 MISCELLANEOUS

Article 11  No party shall transfer any right or obligation  under this Contract
            to any other  person  without  the  written  agreement  of the other
            party.

Article 12  This Contract is severable,  that is, if any clause of this Contract
            is  determined  as in conflict with a law or unable to be performed,
            it shall in no manner affect the validity and  performance  of other
            clauses of this Contract.



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Article 13  This Contract is written in Chinese.  If there is any discrepancy in
            meaning  between the Chinese version and other  translated  version,
            the  Chinese  version  shall  prevail.  Each party  shall sign three
            original  copies of this  Contract,  and each  party  shall keep one
            original copy. Every original copy of the three is equally valid.

      IN WITNESS WHEREOF,  the undersigned have hereunto set their hands to this
Contract as of the day and year first above written.


Party A: Shandong Shengda Chemical Co., Ltd

Authorized Representative:  /s/ Chen Xiangzhi
                          -----------------------------------


Party B: Shandong Haize Nanomaterials Co., Ltd

Authorized Representative:   /s/ Jia Hongping
                          -----------------------------------






                                   Appendix 1

                   Documents on the Trademark of "[TAI FENG]".