Unassociated Document


    Exhibit
10.10

     

     

    Unofficial
English Translation

    


    Plant  Lease
Agreement

    


    


    Party A:
Sanheshiye Development Company Jiulongpo District Chongqing

    


    Party B:
Beijing Agritech Fertilizer Limited, Chongqing Branch

    


    Through
the voluntary, equal and mutual negotiation, with regard to the matter that
Party A leases Party B its legally owned land and plant, both parties agree as
follows:

    


    
      	
              1.

            	
              Party
      A leases to Part B located in No.11-3 GeLeShan Metropolis Industry Garden.
      The coverage of the office building is 607square meters. The coverage of
      the workshop is 467 square meters.

            


    

    


    


    
      	
              2.

            	
              The
      term of the lease is five years, starting from April 01, 2007 to March 31,
      2012. (The start date of the term of the lease shall be the date of the
      actual delivery of the building.)

            


    

    


    
      	
              3. 

            	
              The
      rent is RMB 5/ square meters monthly. The total amount of the
      rent  is RMB 112,440/ year, after 5 years renew lease agreement
      the rent price go up by 10%. The rent shall be paid quarterly. 4.Under the
      circumstance that Party B shall not alter the general landscape and
      function of the building, with the prior consent of Party A, Party B may
      partially alter the building.

            


    

    


    
      	
              5.

            	
              After
      signing the agreement, Party B shall pay Party A the security deposit
      amount of RMB 10,000. Upon the expiration of the lease, if Party B does
      not renew the lease, Party A shall return the security deposit without
      paying interests to Party B within ten business days after the lease is
      expired and Party B pay off all of the expenses of water, electricity, gas
      and the phone bills.

            


    

    


    
      	
              6.

            	
              With
      regard to water, electricity and gas Party B consumes during the term of
      the lease, the management company will calculate the expenses based on the
      actual monthly use amount, and Party B shall pay such expenses according
      to the invoices.

            


    

     

    
      	7.   	During
      the term of the lease, Party A assumes the rights and obligations as
      follows:
	
              (1)

            	
              After
      signing the agreement, Party A shall not reclaim without due courses. In
      the event Party A requests to reclaim during the term of the lease, Party
      B is entitled to reject such requests. In case Party A unilaterally
      breaches the agreement, it shall return the double amount of the security
      deposit to compensate Part B.

            


    

    
      	
              (2)

            	
              Party
      A shall ensure that the building and its fixtures are in good condition
      when it delivers them to Party B from the starting date of the
      lease.

            


    

    
    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      
        	
                (3)

              	
                Party
      A shall guarantee the legality of the building and pay all and any of
      governmental taxes.

              


      

    

     

    
      	8. 	During
      the term of the lease, Party B assumes the rights and obligations as
      follows:
	 	 
	
              (1)

            	
              Party
      B shall pay the rent, security deposit and all expenses in accordance with
      the agreement. In case Party B defers to pay any of such within the agreed
      schedule, then after thirty days, Party A is entitled to cancel the
      lease.

            


    

    


    
      	
              (2)

            	
              After
      the signing of the agreement, in the event Party B fails to pay the rent
      of the initial payment period and the security deposit more than ten days,
      Party A is entitled to cancel the
lease.

            


    

    


    
      	
              (3)

            	
              Without
      the written consent of Party A, Party B shall not sublease part of the
      building, or transfer the lease to the third party, nor shall Party B
      share the building with the third party in any way. In the event the
      aforesaid situations occur, Party A is entitled to cancel the
      lease.

            


    

    


    
      	
              (4)

            	
              During
      the term of the lease, Party B shall strictly comply with the laws, rules
      and regulations of the People’s Republic of China. Party B shall be
      strictly prohibited from conducting any illegal or immoral activities by
      using the office building.

            


    

    


    
      	
              9.

            	
              On
      the start date of the lease, both parties shall inspect the building and
      equipments together, and sign and perform the delivery agreement. On the
      cancellation date of the lease, both parties shall inspect the building
      and equipments together, and sign and perform the building return
      agreement.

            


    

    


    
      	
              10.

            	
              Either
      party shall perform its duties in accordance with this agreement. Any
      dispute arising from or in connection with this agreement or any
      unspecified matters shall be negotiated by both parties. In the event that
      both parties fail to reach an agreement, either party may submit the
      dispute to the Beijing Arbitration
Commission.

            


    

    


    
      	
              11.

            	
              Any
      matter not specified in this agreement may be negotiated by both parties
      and sign a supplement to the agreement. The supplement and this agreement
      have the same legal effect and are equally binding to both
      parties.

            


    

    


    
      	
              12.

            	
              In
      the event that the natural disaster, the adjustment of the national policy
      and any other event of force majeure occur, both parties shall negotiate
      to reach an agreement.

            


    

    


    
      	
              13.

            	
              This
      agreement consists four original copies, Party A and Party B holds two
      respectively.

            


    

    


    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    


    Party
A

    Sanheshiye
Development Company Jiulongpo District Chongqing

    /s/
Anfu Fan            

    Legal
Representative:  Anfu Fan

    


    April 1,
2007

    


    Party
B

    Beijing
Agritech Fertilizer Limited, Chongqing Branch

    /s/
Tanbiao Guo           

    Legal
Representative: Tanbiao Guo

    


    April 1,
2007