**Exhibit 10.4**

**Loan Agreement (2)**

**Summary of Loan Agreement by and between the Company and Agricultural Bank dated March 24, 2006**

**Main contents:**

| • | **Contract No: No**. (81101200600000505)                                                                                                                                                                                                                                                                              |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | **Loan Amount (RMB)** 40 million                                                                                                                                                                                                                                                                                      |
| • | **Contract Term:** March 24th, 2006 ~   September 24th, 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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