Exhibit 10.25

                           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:

      Shandong  Shengda  Chemical  Co., Ltd, a company duly  organized,  validly
existing and in good standing under the laws of PRC, with its registered  office
at No. 342, Lingshan Street,  Tai'an City (hereinafter referred to as the "Party
A")

AND:

      Shandong  Bangsheng  Chemical 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 No.  342,  Lingshan  Street,
Tai'an City (hereinafter referred to as the "Party B")

      WHEREAS:

      Party A has applied to the  trademark  bureau for becoming the assignee of
the  trademark of "[TAI FENG]" and shall  acquire the  proprietary  right of the
trademark of "[TAI FENG]" after the  trademark  bureau  approves the transfer in
question,  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 "[TAI FENG]": refers to the trademark of "[TAI FENG]" of Party A
      illustrated  in Appendix 1 of this Contract  which has been applied to the
      trademark bureau by Party A for becoming its assignee.


                          CHAPTER 2 TRADEMARK TRANSFER

Article 1   Party A applied to the trademark bureau for becoming the assignee of
            the  trademark  of "[TAI  FENG]"on  October 29, 2004 (the  trademark
            bureau accepted this transfer application in November 18, 2004), and
            shall,   after  the   trademark   bureau   approves   this  transfer
            application,  lawfully  enjoy all rights  related to the  registered
            trademark  of "[TAI  FENG]".  Among  Party A's  current  production,
            operation  and sales  involving  the use of the  trademark  of "[TAI
            FENG]"  within any  jurisdictional  boundary  (within and out of the
            boundaries  of PRC),  there is no claim  arising from the use of the
            trademark  of "[TAI FENG]" or the  registration  request or claim of
            the trademark of "[TAI FENG]"made by a third party.

Article 2   Party A agrees to, upon  becoming the  assignee of the  trademark of
            "[TAI  FENG]",  transfer the  proprietary  right of the trademark of
            "[TAI  FENG]" to Party B without  any  delay,  and Party B agrees to
            take the propriety  right of the trademark of "[TAI FENG]".  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 "[TAI FENG]", the registration  formalities of changing
            the  propriety  right of the  trademark  of "[TAI  FENG]" to Party B
            shall  be  completed  without  delay,  and the  registration  of the
            trademark  of  "[TAI  FENG]"  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 "[TAI  FENG]",  and shall have and assume
            the rights and obligations related to the trademark of "[TAI FENG]",
            and Party A has no right to have any right  related to the propriety
            right of the  trademark  of "[TAI  FENG]",  and shall not assume any
            obligation and responsibility  related to the propriety right of the
            trademark of "[TAI FENG]".

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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.


                    CHAPTER 3 REPRESENTATIONS AND WARRANTIES

Article 5   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 6   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.
            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.

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            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 7   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 8   The validity,  interpretation and performance of this Contract shall
            be governed by the relevant laws of the PRC.

Article 9   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 10  No party shall transfer any right or obligation  under this Contract
            to any other  person  without  the  written  agreement  of the other
            party.

Article 11  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.

<PAGE>

Article 12  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/ Li Xuewen
                          -------------------------------


Party B: Shandong Bangsheng Chemical Co., Ltd

Authorized Representative:  /s/ Xu Xiqing
                          -------------------------------




                                   Appendix 1

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