| Mortgagor      (Party A): Zhejiang Changxing Ruilang Electronic Co.,  Ltd. |
|----------------------------------------------------------------------------|
|                                                                       |   |
| Location:      Changxing Economic Development Zone                         | Postcode:      313100 |
|                                                                       |   |
| Legal      representative (principal): Xu Keyong                           |   |
|                                                                       |   |
| Fax:         6030427          | Telephone:      6052666 |

| Location:                | Postcode:      313100   |
|--------------------------|-------------------------|
|                     |                    |
| Principal:      Wang Wei |                    |
|                     |                    |
| Fax:                     | Telephone:      6024028 |

----

| 1. | Party      A set mortgage with the property listed in “List of collateral”      hereof. |
|----|-----------------------------------------------------------------------------------------------------|

| 2. | In      the event that renewal of ownership or other title certificate of      collateral of the collateral causes the “List of collateral” hereof or      other title (right or mortgage) certificate accepted by Party B to be      inconsistent with new title certificate or relevant records in the      register of registration authority, Party A may not refuse to undertake      guarantee liabilities hereby. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | Except      as otherwise agreed by Party A and Party B or stipulated by law, the      property newly added to the collateral due to annexing, mixing, processing      and rebuilding will be taken as the mortgage guarantee of the Lender’s      rights of Party B, and Party A shall carry out necessary mortgage      registration as required by PartyB. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | If      the value of collateral has or may decrease and this will impact the      realization of Lender’s rights by Party B, Party A shall provide new      guarantee as required by Party B. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | The      guarantee scope of the mortgage of maximum amount includes all debts under      master contract, including but without limitation all principals,      interests (including compound interest and penalty interest), liquidated      damages, compensation, other amounts payable to Party B by the Borrower      (including but without limitation relevant handling charges,      telecommunications fees, miscellaneous expenses and relevant banking      charges repudiated by the beneficiary of L/C which have been paid by Party      B in advance), expenses accrued to Party B for the realization of Lender’s      rights and rights to guarantee (including but without limitation      litigation costs, arbitration fees, property security expenses, travel      costs, expenses of execution, appraisal costs, auction fees, notary fees,      delivery fees, charges for announcement and legal  fees). |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The      maximum amount of guarantee liabilities under the mortgage herein is      (currency) RMB (amount) 44,000,000.00.      If Party A fulfills guarantee liabilities according to this Contract, the      said maximum amount will be reduced correspondingly by fulfilled      amount. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | The      loans, advances, interests, expenses or any other Lender’s rights of Party      B under master contract will still fall within the guarantee scope of the      mortgage of maximum amount, even though their actual occurrence time      exceeds the definite period of Lender’s rights. The deadline of performing      the debts under master contract will not be subject to the expiration of      the definite period of Lender’srights. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 1. | Party      A agrees that Party B and the Borrower, while concluding master contract      or alter it (including but without limitation renewal of the period of      repaying debts, or increase of the principal of Lender’s rights), need not      to notify Party A and that Party A shall still undertake guarantee      liabilities within the maximum amount and guarantee scope as specified      herein. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Change      of party hereto |
|----|-----------------------------|

|   | (1) | Restructuring,      consolidation, merger, division, increase or decrease in capital, joint      venture, joint operation, change of name of Party B or the      Borrower; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Party      B entrusts a third party to fulfill its obligations under master      contract; |
|--------|-----|--------------------------------------------------------------------------------------------|

| 3. | In      case the Lender’s rights under master contract are transferred to a third      party, the guarantee hereunder will be transferred therewith and Party A      shall assist Party B and such third party in carrying out the registration      of changing mortgage as stipulated bylaw. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | In      case the transfer of Lender’s rights or debts under master contract is      ineffective, invalid, revoked or rescinded, Party A shall still undertake      guarantee liabilities to Party B as specified  herein. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | Party      A shall possess, maintain and use the collateral properly, keep it in good      condition and pay all taxes related to it on schedule. Party B has the      right to inspect the collateral and may require Party A hand over the      original of its title certificate to Party B for  custody. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | In      case Party A entrusts or allows a third party to possess, keep and use the      collateral, it shall notify such third party of the right to mortgage of      Party B concerning the collateral, and require it to keep the collateral      in good condition, accept Party B’s inspection and not to prevent Party B      to realize the right to mortgage. Party A shall not be exempted from the      liabilities described in the preceding clause and be liable for the acts      of such third party. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | The      personal injury or property damage arising out of the collateral shall be      undertaken by Party A. If Party B bears liability for the claim therefore      or pay compensation for Party A, Party B has the right to recover from      Party A. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | Except      as otherwise agreed by both parties hereto, Party A shall arrange and      maintain insurance for the collateral by law and according to insurance      coverage, period, and amount appointed by Party B. The insurer shall have      legal qualification and goodreputation. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The      content of insurance policy shall conform to the requirements of Party B      and any restrictive condition that damages Party B’s rights and interests      may not be added. Insurance policy shall state specially: Party B is the      preferred indemnified party (the first beneficiary) of insurance      compensations; the change of insurance policy shall be subject to the      written consent of Party B; in case of insurance risk, insurer shall      transfer directly insurance compensations to the account appointed by      Party B. If the collateral has been insured but the above-mentioned      contents have not noted thereon, the insurance policy shall be annotated      or altered correspondingly. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | Party      A shall ensure insurance remains in force, and may not cause insurance to      be disrupted, cancelled or invalid with any reason, or not cause insurer      to mitigate liability for compensation, or not change insurance policy      without party B’s consent. If the period of insurance expires and if the      Lender’s rights guaranteed by Party A have not been repaid fully, Party A      shall renew the period of insurance  correspondingly. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | Party      A shall, within 5 working days      as of the conclusion of this Contract (in case the insurance of the      collateral is renewed, as of the date of renewal), deliver to Party B the      original of insurance policy of the collateral and keep in Party B’s      address the documents related to insurance claim or necessary for the      transfer of insurance interest. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 5. | In      respect of the insurance compensation concerning the collateral, Party B      has the right to dispose of by the following ways and Party A shall assist      in carrying out relevantprocedures: |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (1) | Using      to repair the collateral to restore its value with Party B’s      consent; |
|--------|-----|---------------------------------------------------------------------------------------------|

|   | (2) | Repaying      or repaying in advance the principals, interests and relevant expenses of      the debts under master contract; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | Proving      pledge guarantee for the debts under master  contract; |
|--------|-----|---------------------------------------------------------------------|

|   | (4) | Disposing      of by Party A at liberty if Party A provides new guarantee satisfactory to      Party B. |
|--------|-----|---------------------------------------------------------------------------------------------------------|

| 1. | Without      Party B’s written consent, Party A may not dispose of the collateral by      any way, including but without limitation waiver, lease (including the      renewal of previous leasing contract), donation, transfer, contribution,      repeated guarantee, displacement, change into public use, annex with other      buildings, rebuilding, partition. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | With      Party B’s written consent, the prices or other amounts obtained from the      disposal of the collateral by Party A shall be deposited into the account      appointed by Party B. Party B has the right to dispose of the collateral      by any way described in Paragraph (2), (3) and (4) of Clause 5 of Article      6 hereof, and Party A shall assist in carrying out relevant      procedures. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | If      the collateral is levied, expropriated, demolished, confiscated, retaken      without compensation, or seized, frozen, detained, supervised, created      with lien, auctioned, occupied forcibly, destructed, or disposed of      otherwise by a third party, Party A shall notify Party B promptly and take      measures to prevent, exclude or remedy to prevent further loss; Party A      shall, at the request of Party B, provide new guarantee satisfactory to      Party B. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The      remaining part of the collateral after the occurrence of the events in      preceding clause shall still be taken as the mortgage guarantee of the      Lender’s rights of Party B. The indemnification or compensation Party A      obtains for the above reasons shall be deposited into the account      appointed by Party B. Party B has the right to dispose of the collateral      by any way described in Paragraph (1), (2), (3) and (4) of Clause 5 of      Article 6 hereof, and Party A shall assist in carrying out relevant      procedures. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | If      the Borrower fails to fulfill the debts due and payable under master      contract or the debts announced due and payable in advance or violates      other provisions under master contract, Party B has the right to dispose      of the collateral. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The      value recorded in List      of collateral hereof or agreed otherwise by both parties      (hereinafter referred to as “provisional value”), whether recorded in the      register of registration authority, may not represent the final value of      the collateral. The final value shall be the net amount of the prices      obtained from disposal of the collateral by Party B minus all      taxes. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | The      prices from disposal of the collateral by Party B shall, after paying the      expenses incurred during realization or auction (including but without      limitation custody charges, appraisal fees, auction charges, transfer      fees, taxes, transfer fee of national land use right), be used with      preference to pay off the debts under master contract, and the remaining      will be returned to Party A. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | If      Party A and the Borrower are the same one, Party B may apply for forcible      execution against the property other than the collateral of Party A,      provided that Party B may not waive the right to mortgage or dispose of      the collateral first. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | Party      A may not prevent Party B from realizing the right to mortgage in any way      (including acts or omissions). |
|----|--------------------------------------------------------------------------------------------------------------------------|

----

| 6. | Whether      Party B has other guarantee (including but without limitation guarantee,      mortgage, pledge, L/G, stand-by L/C) for the Lender’s rights under master      contract, whether the said other guarantee will be established or valid at      any time and whether Party B lodges claim against other guarantor, whether      there is a third party willing to undertake the debts under master      contract in whole or in part, whether other guarantee is provided by the      Borrower, the guarantee liabilities of Party A hereunder may not be      mitigated; Party B may require directly Party A to undertake guarantee      liabilities within its guarantee scope as specified herein and Party A      will not put forward any objection. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7. | If      the maximum amount of the guarantee liabilities hereunder is lower than      the balance of actual debts under master contract, and if the Lender’s      rights under master contract have not been paid off fully after Party A      undertakes guarantee liabilities, Party A undertakes that it will claim      (including exercise in advance) right of subrogation or right of recourse      against the Borrower or other guarantors and not cause any damage to Party      B’s rights and interests and agrees that the discharge of the debts under      master contact has precedence over the realization of the right of      subrogation or right of recourse of PartyA. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (1) | Party      A agrees not to claim right of subrogation or right of recourse against      the Borrower or other guarantors; if the prices obtained from any disposal      of the collateral are settled, Party A shall assist in carrying out      relevant procedures. |
|--|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | If      the right to mortgage fails to be created effectively or the value of the      collateral decrease or Party B fails to realize the right to mortgage      promptly or fully because of Party A, and if Party A and the Borrower are      not the same one, Party B has the right to require Party A to undertake      joint and several liabilities to the debts and the Borrower within the      guarantee scope specified herein. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (1) | Requiring      Party B to bear the expenses of post-registering the title certificate of      the collateral; |
|--------|-----|---------------------------------------------------------------------------------------------------------------|

|   | (2) | Requiring      Party B to postpone returning the title certificate of the collateral or      assisting Party B in carrying out the procedures for nullifying mortgage      registration. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | Assumption      of fees |
|----|-------------------------|

| 2. | Deduction      of payables |
|----|----------------------------|

| 3. | Use      of Party A’s information |
|----|-----------------------------------------|

----

| 4. | Announcement      and collection |
|----|----------------------------------|

| 5. | Evidentiary      effect of Party B’s records |
|----|----------------------------------------------------|

| 6. | Reservation      of rights |
|----|----------------------------|

| 7. | If      Party A is divided or dissolved, or enters into bankruptcy procedures, or      is revoked or cancelled industry and commerce registration or business      license, or the collateral is damaged, lost, infringed or out of Party A’s      control, or the property right of the collateral is disputed or the title      certificate is written off, Party A shall notify Party B      promptly. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8. | Dissolution      or bankruptcy of the Borrower |
|----|------------------------------------------------|

| 9. | Dissolution      or bankruptcy of Party A |
|----|-------------------------------------------|

| 10. | Where      Party A’s address or contact way is changed, it shall notify Party B      promptly in written. Any loss due to the failure of Party A to notify      shall be borne by Party A. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11. | Other      provisions |
|-----|-----------------------|

----

| 12. | Settlement      of dispute |
|-----|----------------------------|

|   | (1) | Bring      a lawsuit before the people’s court at Party B’s  location. |
|--------|-----|------------------------------------------------------------------------------------|

|  | (2) | Submit      to                  Arbitration Commission (the place of arbitration is                      ) for arbitration in accordance with rules in effect at the time of      applying for arbitration. The arbitration award shall be final and binding      upon both parties. |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13. | Effectiveness      of this Contract |
|-----|-------------------------------------|

| 14. | The      Contract is in      quadruplicate. |
|-----|---------------------------------------------|

| Name ofcollateral |   | No. ofownershipcertificateand othercertificates |   | Location                                 |   | Area orquantity |   | Value ofcollateral(10,000.00yuan) |      |   | Amount ofmortgage set forother Lender’srights |   | Remark |
|------------------------|--------|-----------------------------------------------------------|--------|------------------------------------------|--------|----------------------|--------|----------------------------------------|-----------|--------|-------------------------------------------------------------------------|--------|--------|
|                   |   |                                                      |   |                                     |   |                 |   |                                   |      |   |                                                                    |   |   |
| Real      estate       |   | 0012662700126762                                          |   | Changxing      Economic Development Zone |   | 30307.92 m2    |   |                                   | 3597.5501 |   |                                                                    |   | 0      |   |   |
|                   |   |                                                      |   |                                     |   |                 |   |                                   |      |   |                                                                    |   |   |   |   |   |
| Land      use right    |   | C.T.G.Y      [2007]      No.1-1756                        |   | Changxing      Economic Development Zone |   | 59551.78 m2    |   |                                   | 3007.3649 |   |                                                                    |   | 0      |   |   |

| 1. | Party      A has a clear understanding of the business scope and authority of Party      B. |
|----|---------------------------------------------------------------------------------------------|

| 2. | Party      A has read all provisions under this Contract and master contract. At the      request of Party A, Party B has made corresponding explanations for this      Contract and master contract. Party A has understood thoroughly the      meanings of all provisions under this Contract and master contract and      relevant legal consequences. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | Party      A is qualified for a guarantor legally. Party A’s guarantee acts hereunder      comply with laws, administrative regulations, rules and the articles of      association or internal organization documents of Party A and have also be      authorized by the competent institution inside Party A and/or competent      national authority. Party A shall bear all liabilities because Party A has      no authority to sign this Contract, including but without limitation full      compensation of the losses sustained by Party B  therefore. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | Party      A has full understood the assets, debts, operation, credibility, and      reputation of the Borrower, the qualification of the Borrower to sign      master contract and all contents of master  contract. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | Party      A has the ownership or right to dispose of the collateral by law. The      collateral is not a public utility or not forbidden to be traded or      transferred, and there is no dispute regarding its    ownership, |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 6. | The      collateral has no other co-owner, or although it has other co-owner, the      mortgage guarantee hereunder has been permitted by such co-owner in      written. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7. | The      collateral has no such defect or encumbrance as has not been notified to      Party B in written, including but without limitation the collateral is      limited merchantable thing or is sealed up, detained, supervised, leased,      kept or mortgaged, or there is any unpaid purchasing prices, maintenance      fees, construction project prices, national taxes, transfer fees of land      use right and damages, or the collateral has been created for guarantee by      a third party. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8. | All      data and information provided by Party A to Party B for the collateral are      all true, valid and accurate. |
|----|------------------------------------------------------------------------------------------------------------------------|

| 9. | The      provision of the mortgage guarantee hereunder by Party A will neither      damage the legitimate rights and interest of any third party nor violate      the legal and agreed obligations of PartyA. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

----

----

----

----

----

----

----

----

----