| Ø | Contract      number: 81101201000000603; |
|--------|------------------------------------------|

| Ø | Loan      principal:RMB 75 million; |
|--------|-----------------------------------------------|

| Ø | Loan      term: from May 21, 2010 to April 22,2011; |
|--------|----------------------------------------------------------|

| Ø | Floating      interest rate: annually 5.0445%, rate adjustment in a 3-month      cycle; |
|--------|----------------------------------------------------------------------------------------------|

|   | n | Interest      accrued and settled per month, interest settlement day is the 20th      day of each month; |
|--------|---|---------------------------------------------------------------------------------------------------------------|

|   | n | Penalty      interest rate for delayed repayment: 5.0445% plus 30%      *5.0445%; |
|--------|---|-----------------------------------------------------------------------------------|

|   | n | Penalty      interest rate for embezzlement of loan proceeds: 5.0445% plus 50%      *5.0445%; |
|--------|---|----------------------------------------------------------------------------------------------------|

| Ø | Purpose      of the loan is to provide working capital for purchasing raw material of      the Company; |
|--------|---------------------------------------------------------------------------------------------------------|

| Ø | Advanced      repayment of loan needs to be approved by the    Creditor; |
|--------|-------------------------------------------------------------------------------|

| Ø | Breach      of contract penalties: correct the breach of contract in time limit;      suspension of loan unprovided; release 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, interest and other fees; compensation for the Creditor’s      expenses incurred due to demanding the loan principal and interest in case      of litigation, etc. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ø | Supplemental:      in the event that the Company repaid the loan in advance, it has      to  pay extra handling fee: advanced repaid amount * share      months * 1‰. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ø | Loan      arrangement |
|--------|-----------------------|

| Ø | Interest      clearing of the loan |
|--------|------------------------------------|

| Ø | Payment      of the loan |
|--------|--------------------------|

| Ø | Rights      and obligations of the Creditor |
|--------|---------------------------------------------|

| Ø | Rights      and obligations of the Company |
|--------|--------------------------------------------|

| Ø | Interest      penalty of loan |
|--------|-------------------------------|

| Ø | Guarantee      of the loan agreement |
|--------|--------------------------------------|

| Ø | Disputation      settlement |
|--------|-----------------------------|

| Ø | Validity |
|--------|----------|

| Ø | Text |
|--------|------|

| Ø | Notification |
|--------|--------------|

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