**Exhibit 10.5**

**Loan Agreement (3)**

**Summary of Loan Agreement by and between the Company and Agricultural Bank dated March 28, 2006**

**Main contents:**

| •                                | **Contract No: No.**(81101200600000539)                                                                                                                                                                                                                                                                               |
|---------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| •                                | **Loan Amount (RMB)** 41 million                                                                                                                                                                                                                                                                                      |
| •                                | **Contract Term:** March 28th, 2006 ~   August 28th, 2006                                                                                                                                                                                                                                                             |
| •                                | **Interest rate:** fixed annual rate of 5.22%;                                                                                                                                                                                                                                                                        |
| •                                | **Payment of Interest:** The interest of the   principal shall be paid monthly, and the interest settlement date is on the twentieth   date of each month.                                                                                                                                                            |
| •                                | **Purpose of the loan** is to purchase raw   materials for the Company.                                                                                                                                                                                                                                               |
| •                                | **Liabilities of Breach of Contract** Breach of   contract penalty; withdrawal of loan, prepayment of principal and interest   before maturity, attachment of assets; imposition of compound interest;   lawyer’s fee and travel cost in case of litigation due to the Company ‘s   breach of contract etc. |
|                                  |                                                                                                                                                                                                                                                                                                                  |
| **Headlines of the articles omitted** |
| •                                | Outline of   the loan                                                                                                                                                                                                                                                                                                 |
| •                                | Condition precedent   to the drawing of the loan                                                                                                                                                                                                                                                                      |
| •                                | Rights and   obligations of the lender                                                                                                                                                                                                                                                                                |
| •                                | Rights and   obligations of the borrower                                                                                                                                                                                                                                                                              |
| •                                | Prepayment   of the loan                                                                                                                                                                                                                                                                                              |
| •                                | Breach of   Contract                                                                                                                                                                                                                                                                                                  |
| •                                | Guaranty for   the loan                                                                                                                                                                                                                                                                                               |
| •                                | Dispute settlement                                                                                                                                                                                                                                                                                                    |
| •                                | Miscellaneous                                                                                                                                                                                                                                                                                                         |
| •                                | Effectiveness                                                                                                                                                                                                                                                                                                         |
| •                                | Validity                                                                                                                                                                                                                                                                                                              |
| •                                | Attention                                                                                                                                                                                                                                                                                                             |

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