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Exhibit 10.24 

Plasma Collection Station Assets Transfer Agreement 

(Translated Copy) 

Party A: Bureau of Health of Maonan Autonomous County 

Legal Representative: Lan Qingxin 

Address: Chengbei Development Area, Si En Town, Huan Jiang County 

Business License No.: (Qi) 4527241300325 

Approval Organization: Huan Jiang Maonan Autonomous County Administration forIndustry and Commerce 

Party B: Guang Xi Huan Jiang Missile Plasma Collection Co., Ltd (Huan JiangPlasma Company) 

Certificate No.: Gui Wei Yi Plasma Station Zi (2007) No.2 

Legal Representative: Ge Sunyan 

In order to comply with the spirit of the Joint Notice, [WeiYiFano.118 (2006)] regarding the new measure on the Transformation of PlasmaCollection Station and the successful transformation of Huan Jiang MaoNanAutonomous County Plasma Collection Station, Party A and Party B’s parentcompany Shandong Missile Biological Products Co., Ltd, which changed its name toShandong Taibang Biological Products Co., Ltd, signed an agreement called, HuanJiang County Plasma Collection Station Reform Agreement. With the consent ofHuan Jiang Maonan Autonomous County local government, Party A shall transferassets of Huan Jiang Maonan Autonomous County Plasma Collection Station to PartyB. The transfer is based on mutual understanding that the transformed entity canbetter serve the purpose of preserving and improving the state-owned assets andbetter meet its long-term growth goals. The following are the details withregard to the assets transfer agreement. 

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I . The scope of assets transfer 
Huan Jiang Maonan Autonomous County Plasma Collection Stationshall transfer all the assets of the newly-built plasma collection situated inCheng Bei Development District of Huan Jiang County to Party B, Assets to betransferred include accounts receivable, fixed assets and land etc. The detailslisting of all assets can be referred to the List of Assets and liabilitiesTransfer of Huan Jiang Maonan Autonomous County Plasma Collection Station. 

II The price of assets transfer, liabilities transfer, settlement date andpayment methods are as follow: 

1. Asset Pricing 

Party A agrees to transfer the assets shown on the List of Assets andLiabilities stipulated in clause I above to Party B at a consideration of RMB5,521,000. 

2. Liabilities Transfer 

Party B shall assume the total liabilities of RMB52,000 shown on the books ofHuan Jiang Maonan Autonomous County Plasma Collection Station as of July31,2007. 

3. Settlement Date and Payment Methods 

(1). 

The loan of RMB1,880,000 which Party B lent to Huan Jiang Maonan AutonomousCounty Plasma Collection Station before July 31, 2007 shall be set off andtreated as the first installment immediately. 
(2). 

Party B shall paythe second installment at RMB 2,641,000.00 to Party A within five days afterthis agreement becomes effective. 
(3). 

Party B shall paythe remaining balance of RMB 1,000,000 within 5 days after the completion oftransferring the relevant titles of land use right and property. 

Party B shall remit the above mentioned amount to the accountdesignated by Party A (the Enterprise Reform Account of Finance Bureau of HuanJiang Maonan Autonomous County , the account number shall be supplied by FinanceBureau.) 
III Assets Transfer Settlement Date and Methods 
1. 

Within 5 working days from theeffective date of this agreement, Party A shall Page release the transferredassets shown on the List of Transferred Assets. Both parties shall count andsign the assets in the List upon confirmation of transfer. 

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2. 

Within twomonths from the payment of the second installment of RMB2,641,000, Party A shallbe responsible for assisting Party B to apply for the transfer of titles of landuse right and property. . 

3. 

Each Party shallbe responsible to its own tax liabilities associated with the above mentionedasset transfer in accordance to the specific tax law and regulations. If thereis such tax liabilities due resulting from ambiguous tax law and regulations,both parties shall equally share the liabilities. 

IV     Others 
1. 

If Party B fails to pay Party Aprescribed by the contract payment term, Party B shall pay a penalty of RMB500,000 in additional to the original amount due. 

2. 

If Party A andthe concerned government departments fail to assist Party B to obtain therelevant titles of the land use right and the transfer property within sixmonths after the effective date of this agreement, Party B can deduct an amountof RMB500,000 from agreed unpaid balance due as a penalty. However, Party A andthe concerned government departments still bear a responsibility to expedite theprocedures to obtain the relevant titles of the land use right and the transferproperty. 

3. 

From the effective date of thisagreement, Party A bears no financial responsibilities of any transactionsinitiated by Party B. 

4. 

The List ofTransferred Assets of Huan Jiang Maonan Autonomous County Plasma CollectionStation serves an important part to this agreement, which shall be viewedequally effective from the legal prospective.. 

V . 

Parties hereto may solve matters not mentioned herein through bilateralnegotiations. Were there any unsolved disputes that is failed to be settled bynegotiations, each party has a right to file a lawsuit against other party. 
VI . 

This agreement shall be effective on the date when it has been signed andchopped by both Parties. Each party and Finance Bureau of Huan Jiang MaonanAutonomous County shall hold one set of the agreement. 
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Party A: Bureau of Health of Maonan Autonomous County 

Legal Representative: Lan Qingxin 

Party B: Guang Xi Huan Jiang Missile Plasma Collection Co., Ltd. 

Legal Representative: Ge Sunyan 

Address: Conference Room of Bureau of Health of Maonan Autonomous County 

August 5, 2007 

Attachment: List of Transferred Assets 

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