| Ø | Contract      number:  (2008) Shenyinsun daizi  NO.017; |
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| Ø | Loan      principal:RMB 39 million; |
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| Ø | Loan      term: from October 17th,      2008 to January 17th,      2009; |
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| Ø | Interest      rate: fixed at 6.12%; |
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|   | n | Penalty      interest rate for delayed repayment: 6.12% plus 50%  *6.12%; |
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|   | n | Penalty      interest rate for embezzlement of loan proceeds: 6.12%  *1; |
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|  | n | Interest      accrued and settled per month, interest settlement day is 20th      of each month; |
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| Ø | Purpose      of the loan is to provide working capital and purchasing material and      equipments for the Company; |
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| Ø | In      the event of occurrence of the any of the following during the term of      loan, The Creditor is entitled to demand repayment of loan principal      before maturity and withdraw directly from any accounts of the Company for      the repayment: |
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|  | n | Delay      in repayment of interest for theloan; |
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|  | n | The      Company suffers operation loss or sharp decline in    operation; |
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|  | n | Being      involved in or threatened to be involved in lawsuit, arbitration or other      legal disputes; |
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|  | n | Providing      untrue financial statements orinformation; |
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|  | n | Embezzling      loan (i.e. using loan proceeds for purposes other than what is agreed      in the contract without the consent of the  Creditor); |
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|  | n | Refusing      the examination or supervision of the Creditor on the Company’s      operational and financial conditions, and refuse to provide relevant      financial statements andinformation; |
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|  | n | Great      changes in management; |
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|  | n | Occurrence      of other instances which endanger the safety of the loan provided by the      Creditor; |
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| Ø | Breach      of contract penalties: correct the breach of contract in time limit;      suspension of loan unprovided; terminate the loan agreement, demand      prepayment of loan principal and interest before      maturity; imposition of punitive interest incurred due to delayed      loan; imposition of punitive interest for embezzlement of      loan; imposition of plural interest for unpaid interest; withdraw      from any accounts of the Company the loan principal and interest;      indemnification for the Creditor’s expenses incurred due to demanding the      loan principal and interest in case of litigation,  etc. |
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| Ø | The      Company guaranteed not to use the loan borrowed from the bank to invest in      purchasing securities or real estates. Otherwise, the Company shall      be liable for any loss incurred to theCreditor. |
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| Ø | Loan      arrangement |
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| Ø | Interest      clearing of the loan |
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| Ø | Payment      of the loan |
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| Ø | Interest      penalty of loan |
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| Ø | Guarantee      of the loan agreement |
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| Ø | Renew      of obligation |
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| Ø | Announcement      and guarantee of the Company |
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| Ø | Rights      and obligation of the Company |
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| Ø | Rights      and obligations of the Creditor |
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| Ø | Disputation      settlement |
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| Ø | Validity |
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| Ø | Notarization |
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| Ø | Text |
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| Ø | Supplemental |
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