|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

| 1. | The      project supported by the loan under the contract shall be the Comprehensive      Utilization Project of Jingbian Xi’an Xilan Liquefied Natural Gas Co.,      Ltd. (complete in the place with cross, if unnecessary to fill in,      please delete by drawing an oblique line, below as the    same). |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The      loan amount under the contract shall be RMB (currency)      one hundred and twenty million yuan only (in  words). |
|----|----------------------------------------------------------------------------------------------------------------------------|

| 3. | The      specific use purpose of the loan under the contract is as the construction      expenditure of the comprehensive utilization project of liquefied natural      gas. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | The      loan term under the contract is / year(s) (or      58      months) from the date of initial draft date. The practical draft date and      the repayment date shall be subject to the dates recorded in the IOU (loan      certificate) made by and between the two Parties. The last repayment date      shall no exceed the loan term stated in the contract. IOU (loan      certificate) is the integral part of the  contract. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | The      loan rate under the contract shall be (select one in the followings by      √) |
|----|-----------------------------------------------------------------------------------------------|

| o  | (1)      RMB exchange rate (select one in the followings by  √) |
|---------|-----------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

| o  | Other      terms:         /                                                                                                                                                                                                                                                            |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

| 7. | The      draft term of the loan under the contract is from 1st March 2010 to 30th      June 2010. |
|----|---------------------------------------------------------------------------------------------------|

| 8. | The      draft plan of the loan under the contract shall be as follows(select one      in the followings by √): |
|----|-----------------------------------------------------------------------------------------------------------------------|

| S/N                   |  Draft      term     |  Draft      amount |
|-----------------------|---------------------------|-------------------------|
| 1                     |  day      month year |  (in      words)   |
| 2                     |  day      month year |  (in      words)   |
| 3                     |  day      month year |  (in      words)   |
| 4                     |  day      month year |  (in      words)   |
| 5      day month year |  (in      words)     |                    |

| 9. | The      repayment plan of the loan under the contract shall be as follows (select      one in the followings by √): |
|----|----------------------------------------------------------------------------------------------------------------------------|

| S/N                   |  Draft      term     |  Draft      amount |
|-----------------------|---------------------------|-------------------------|
| 1                     |  day      month year |  (in      words)   |
| 2                     |  day      month year |  (in      words)   |
| 3                     |  day      month year |  (in      words)   |
| 4                     |  day      month year |  (in      words)   |
| 5      day month year |  (in      words)     |                    |

| 10. | The      commitment fee shall be /  %      of the indrawn amount. |
|-----|-----------------------------------------------------------------------------|

| 11. | The      liquidated damages for the repayment in advance shall be   /  %      of practical repayment amount inadvance. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------|

| 12. | The      principal amount of repayment in advance shall be no less than RMB (currency)      ten      million yuan only (inwords). |
|-----|-----------------------------------------------------------------------------------------------------------------------------------|

| 13. | The      borrower shall guaranty the ownership of the self-raised funds over 67% of      the total project investment which has been in place with full value; the      ownership rights of the legal person of the newly-built project enterprise      shall be less than    _      /  % of the total investment needed by the project. If      the laws and the rules are of the other requirements for the specific      project, the requirement shallprevail. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

| 14. | If      the loan under the contract is used for the land reserves and development,      the ratio of the self-raised of the borrower under the contract shall be             accounting up    /   %      of land development cost. The land development cost under the contract      refers to: |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (1) | Compensation      fee for land acquisition and removal and relevant  tax; |
|--|-----|---------------------------------------------------------------------------|

|  | (2) | Relevant      fee occurred in the process of acquisition, recover and      exchange; |
|--|-----|--------------------------------------------------------------------------------------|

|  | (3) | Relevant      fee for the municipal infrastructure  construction; |
|--|-----|-------------------------------------------------------------------|

|  | (4) | Relevant      fee occurred during the invitation for biding, auction, and listed      trade; |
|--|-----|----------------------------------------------------------------------------------------------|

|  | (5) | Loan      interest; |
|--|-----|---------------------|

|  | (6) | Fees      for audit, layer, engineering supervision during the development and      supply of land reserves, contingency and the other expenditures approved      by the same-level financial and land supervising    department; |
|--|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (7) | Other      fees:                      / |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15. | If      the loan under the contract is used for the land reserves development, the      condition of the proposed reserved land under the contract shall be  . |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16. | The      special account of the fixed asset loan opened up the borrower in the      place of the lender: |
|-----|----------------------------------------------------------------------------------------------------------|

| 17. | If      the single amount in the special account of the fixed asset loan (currency      amount) is more than RMB 5 million yuan only, the loan repayment method      shall be commissioned payment by thelender. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18. | The      borrower agrees to pay the supervision fee (currency and amount) of   /   to      the lender. |
|-----|---------------------------------------------------------------------------------------------------------------------------------|

| 19. | The      guarantor agreed by the borrower to provide the guaranty for the loan      under the contract and the guaranty contract  include: |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------|

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|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

| 20. | Default      treatment: |
|-----|-------------------------|

| 21. | The      annexes of the contract include: |
|-----|-------------------------------------------|

| 22. | The      other items agreed by and between the two  Parties: |
|-----|--------------------------------------------------------------|

|  | (1) | After      the project commission, if the borrower does not sign the gas supply      contract with China National Petroleum Corporation (CNPC), the borrower      needs to return the loan principal and interest to Xi’an Branch Shanghai      Pudong Development Bank in advance; |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | If      the project expenditure exceeds the investment, the borrower shall make      self-raised funds; |
|--|-----|---------------------------------------------------------------------------------------------------------|

|  | (3) | The      borrower shall not take the profit sharing before repay the year loan to      Xi’an Branch Shanghai Pudong DevelopmentBank; |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------|

|  | (4) | The      lender shall take Xi’an Branch Shanghai Pudong Development Bank as the      solely settlement bank. |
|--|-----|--------------------------------------------------------------------------------------------------------------------|

| 23. | The      contract shall be in nonuplicate, wherein one copy for the borrower, two      copies for the lender and six copies for the mortgage and notary      authority. Each of copies is of the same legal  force. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|  | 1. | Unless      otherwise specified, the loan interest under the contract shall be      calculated and collected by the practical withdrawal amount and the      occupation day from the loan release day. The occupation day includes the      first day, but excludes the last day. The day interest rate equals to the      monthly interest rate dividing by 30 and the monthly interest rate equals      to the annual interest rate dividing by12. |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 2. | The      lender has the rights to calculate and collect the overdue interest for      the due (including the lender announcing the loan expiration in advance)      but unpaid loan principal from the overdue day in accordance with the      overdue interest rate stated in the contract until the borrower pays off      the principal and interest. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 3. | If      the borrower doesn’t use the loan as per the stated usage purpose, the      borrower has the rights to calculate and collect the interest penalty for      the defaulted used loan amount from the default day in accordance with the      practical default days and the embezzling interest penalty rate stated in      the contract until the borrower pays off the principal and      interest. |
|--|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 4. | If      the borrower is unable pay the interest on time (including the normal      interest, overdue interest and embezzling interest), the lender shall      calculate and collect the compound interest by the practical overdue days      at the payment day (expiration date of interest) as per the overdue      interest penalty rate stated in thecontract. |
|--|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 5. | Interest      rate liberalization or marketparalysis |
|--|----|------------------------------------------------------|

|  | (1) | If      the People’s Bank of China implements the marketization policy of RMB      interest rate after the loan release under the contract, the borrower      shall negotiation with the lender to decide the interest rate standard, if      there is not any consensus within five (5) banking days after negotiation,      the borrower shall pay off all the loan principal and interest within      thirty (30) days from the date failing to get the consensus. (RMB      applicable to the item) |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | If      there is not any relevant bank quoting against the interest rate of US      dollars deposit to London Inter-bank Offered Rate Market at the a.m. 11:00      (London Time) of the quotation day of relevant interest term after the      loan release, the borrower shall negotiate with the lender to decide the      opportunity interest rate; if there is not any consensus within five (5)      banking days after negotiation, the borrower shall pay off all the loan      principal and interest within thirty (30) days from the date failing to      get the consensus. (RMB applicable to theitem) |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | The      borrower shall make the insurance taking the lender as the first      beneficiary or the insured at the insurance company appointed by the      lender according to the requirement. The insurance shall cover the      insurance plan code required by the lender who shall confirm to transfer      all the rights and benefits (including all kinds of claims and insurance      fund payment) stated in the Insurance Contract to the lender or hand the      procedure taking the lender as the first beneficiary. Until the borrower      pays off the principal and interest under the contract to the lender and      make an agreement or endorse in the insurance policy and the insurance      contract.  Before paying off the loan principal, the interest      and other payables under the contract, the borrower shall not terminate      the insurance with any reason. If termination, the behavior immediately      forms the breach of contract of the lender and the borrower has the rights      (but no obligation) to continue the insurance or insure on behalf of the      borrower shouldering all the costs. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

| 2. | The      borrower shall notify the lender within three (3) days by the written form      from the day knowing the insurance accident and timely ask for the claims      as per the relevant regulations of the insurance policy. The loss caused      by the delay notice or the delay claims or the obligation nonperformance      under the insurance policy shall be undertaken by the      borrower. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | The      insurance indemnity shall be deposited into the settlement account opened      up by the borrower in the place of the lender and the loan principal and      interest and the other payable costs under the contract shall be paid off      with the consequence stated in the contract; while, the lender shall also      be able to decide whether the insurance indemnity is used for the project      supported by the loan according to the practical condition. If the      insurance indemnity is not enough to pay up the loan principal and      interest and it does not constitute the exemption of the borrower for the      payable debt. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | Before      the initial withdraw, the borrower shall meet all of the following      conditions, while, the lender has no obligation to review the following      documents or conditions: |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (1) | Submit      the withdraw application form (see the annex 1 of contract for details) as      per the time and method stated in the contract, the completed Credit (Loan)      Certificate and the other related  documents; |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | The      contract and the relevant guaranty contract have been signed up and of      continuous force and the guaranty rights has been effectively      established; |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | Submit      the feasibility study report of the borrower’s project, the approval      document and the other required approvalfiles; |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------|

|  | (4) | Submit      the current effective business license, the articles of association, the      recent balance sheet of withdraw date (including but not limited to the      annual financial report approved by the certified public accountant at the      last year and the current balancesheet); |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (5) | Submit      the loan agreement made by the board of directors/the board of      shareholders or the other organization with the equal legal force, the      power of attorney and the original copy signed by the legal representative      and the authorized representative. |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (6) | The      borrower has opened up the special account, the settlement account and/or      the margin account for fixed asset loan at the place of the      lender; |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|  | (7) | The      capital fund with the same ration as the loan under the contract has been      sufficient in place and used with the loan and the practical speed of the      project is matching with the investedamount; |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (8) | The      borrower has performed the obligations stated in the contract without any      event of default stated in thecontract; |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------|

|  | (9) | The      lender requires the other document or the other conditions at any      time. |
|--|-----|---------------------------------------------------------------------------------------|

| 2. | Except      for the initial withdraw, the borrower shall meet all of the following      conditions, while, the lender has no obligation to review the following      documents or conditions before eachwithdraw: |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (1) | Submit      the withdraw application form (see the annex 1 of contract for details) as      per the time and method stated in the contract, the completed Credit (Loan)      Certificate and the other related  documents; |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | The      borrower has performed the obligations stated in the contract without any      event of default stated in thecontract; |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | The      lender requires the other document or the other conditions at any      time. |
|--|-----|---------------------------------------------------------------------------------------|

| 3. | Withdraw |
|----|----------|

|  | (1) | The      borrower shall withdraw by installment as per the withdraw plan stated in      the contract and handle with the withdraw procedure for the lender within      three (3) business days before the withdraw  date; |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | If      the borrower needs to delay the withdraw date, the borrower shall obtain      the permission of the lender within three (3) days before the withdraw      date expiration and pay up the caused interest loss (interest loss      equaling to the interest of delayed withdraw date minus the current      deposit in the same period). |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | If      the borrower requires to cancel all or partial the undrawn loan, the      borrower shall put up the application to the lender within three (3) days      before the termination day of withdraw and cancel after permission by the      lender. If the borrower fails to withdraw all the loans within withdraw      period, the borrower shall pay the committee fee for the undrawn part (see      the Part I of contract fordetails). |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (4) | If      the borrower fails to hand the withdraw procedure and doesn’t apply for      delaying the withdraw at the stated withdraw day or within the withdraw      period, the lender may notify the borrower to take the relevant procedures      within three (3) banking days; if the borrower fails to do, the lender has      the rights to cancel the undrawnloan. |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (5) | The      borrower confirms that the lender shall bring the capitals drawn by the      borrower as per the Article 4 of the contract into the special account of      fixed asset loan opened up by the borrower at the place of the      lender. |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (6) | Even      if the above statement, the lender has the rights to refuse the withdraw      application and cancel all or partial loan under the contract at any time      as long as the loan has not beenreleased. |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|   | 1. | The      borrower has opened up the special account of fixed asset loan and the      general settlement account at the place of the lender when signing up the      contract (see the Part I of the contract for details). The borrower shall      also open up the margin account at the place of the lender as required by      the lender and agree the lender to monitor the original account of the      borrower. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | The      special account of fixed asset loan is used for checking the release and      payment of the loan applied by the borrower to the lender. The interest of      the capital in the special account of fixed asset loan shall be calculated      according to the current deposit interest. In addition to pre-sealing of      the borrower, the borrower agrees to reserve the fund monitoring seal of      fixed asset loan of the lender. Without the written permission of the      lender, the borrower shall not randomly modify the pre-seal of the special      account of fixed asset loan. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | The      borrower confirms the general settlement account is also taken as the      incoming account and the repayment reserves account under the contract and      the repayment of the principal and interest of the fixed asset loan is      allocated from the general settlement account. The incoming cash flow of      fixed asset investment project or the integral cash flow of the borrower      shall be brought into the general settlement  account. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 1. | The      borrower agrees the lender has the rights to monitor and manage the      payment of loan in the special account of fixes asset account by the      commissioned payment of the lender and the self payment of the borrower to      supervise the utilization of the loan capital same as the stated usage      purpose. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|  | 2. | The      borrower agrees the loan capital payment when the single amount in the      special account of fixed asset loan exceeds the amount stated in the      contract (see the Part I of the contract for details) shall be made      through the commissioned payment of thelender. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 3. | When      the borrower applies for the external payment of the loan capital in the      special account of fixed asset loan, the borrower shall submit the      certification materials conforming to the requirements of the lender,      including but not limited to: |
|--|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (1) | the      certificate document of payment purpose conforming to the purpose stated      in the contract; |
|--------|-----|---------------------------------------------------------------------------------------------------------|

|   | (2) | Written      contract, agreement, memorandum, meeting minutes and the other lawful      documents really reflect the payment obligations of the borrower; provide      the charging policy and standard approved by the authority department for      the payables without necessary to sign up the  contract; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | Relevant      invoice or receipt, if unable to obtain at the same time of payment, the      borrower shall timely make up the relevant expenditure invoice or receipt      after completing the payment; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (4) | Price      audit report of the investment supervisor for the engineering advance      payment, the process payment, the settlement payment/final settlement      payment; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (5) | Payment      voucher of the legitimating and validity of the special account of fixed      asset loan; |
|--------|-----|--------------------------------------------------------------------------------------------------------|

|   | (6) | Submission      of the other documents required by thelender. |
|--------|-----|---------------------------------------------------------------|

|  | 4. | If      the commissioned payment by the lender is adopted, the borrower shall      submit the written commission application form of the lender sealed with      the preset seal of special account of fixed asset loan of the borrower      within three working days before the payment day and the other relevant      materials (see the Annex 2 of the contract for the format). The lender has      the rights to check whether the relevant materials are complying with the      payment terms stated in the contract. If the lender approves, the payment      voucher shall be sealed with the capital monitoring seal of fixed asset      loan and then the payment shall bemade. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|  | 5. | If      the self payment by the borrower is adopted, the borrower shall submit the      self-payment monthly plan of next month (see the Annex 3 of the contract      for the format) and the relevant materials to the lender within 5 working      days at the end of each month. The lender has the rights to check whether      the relevant materials are complying with the payment terms stated in the      contract. If the lender approves, the borrower shall fill in the payment      voucher according to the payment details summary approved by the lender      (the amount of each summary payment voucher shall not exceed the      commissioned payment amount of the lender stated in the contract). The      lender shall seal in the capital monitoring seal of fixed asset loan after      approval and transfer the relevant funds into the general settlement      account of the lender. |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 6. | If      the self payment by the borrower is adopted, the borrower shall summarize      the self payment conditions of the loan and report to the lender within 10      working days after each three months. The lender also has the rights to      check whether the loan repayment of the borrower is complying with the      stated usage through account analysis, voucher inspection, field      investigation and the otherway. |
|--|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 7. | The      borrower confirms to pay up the cost aroused by the payment of loan funds      in the special account of fixed asset loan to the lender, when the cost      occurs; the lender has the right to directly deduct from any one account      opened up borrower at the place of thelender. |
|--|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 8. | During      the loan release and payment, if any of the followings occurs to the      borrower, the lender has the rights to ask the borrower to supplement the      withdraw conditions and the payment terms or terminate the release and      payment of the loan in accordance with the contract      statements: |
|--|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (I) | Credit      status degradation; |
|--------|-----|---------------------------------|

|   | (II) | Loan      repayment inconformity with the contract  statement; |
|--------|------|----------------------------------------------------------------|

|   | (III) | Project      process lag behind of capital utilization  process; |
|--------|-------|------------------------------------------------------------------|

|   | (IV) | If      breach of contract, take disaggregation to avoid the commissioned payment      by the lender. |
|--------|------|-------------------------------------------------------------------------------------------------------|

|  | 1. | The      borrower shall timely and abundantly repay the principal and interest and      the related costs by the repayment plan stated in the contract. In      addition, the borrower shall irrevocably authorize the rights to the      lender to actively deduct the aforesaid amount from the account opened up      by the borrower at the place of the lender at the due date or at the      condition meeting the contractstatement. |
|--|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 2. | If      the borrower return the loan in RMB in advance, the borrower shall obtain      the written permission from the lender, if not, the borrower shall repay      the principal and interest by the term and rate stated in the      contract. |
|--|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|   | 1. | The      borrower is the enterprise legal person or the other economic organization      which is legally established, conforming to the requirements of the laws      and rules and has the rights to conclude and performing the contract.      Moreover, the borrower is meeting the requirements of the investment      subject and operation qualifications of the investment project under the      contract. The borrower is of the necessary rights ability, complete      finance system and repayment ability. The borrower is undertaking the      obligations to perform the contract by the self name and independently      shouldering the civil liabilities. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | The      lender has the rights to sign up the contract and completes all the      authorizations and approvals of the board of directors, board of      shareholders and other authority organization required for signing up the      contract and the obligation under the contract. All of the terms and      articles of the contract are the real reflection of the borrower and of      the legal force for the borrower. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|   | 3. | The      signing and performance of the contract shall not conflict with the laws      (the laws under the contract including the law, the rule, the articles,      the local regulation, the judicial interpretation and the other      legislations governing the borrower) governing the borrower and the      relevant document, judgment and decision of the organ of power and not      contrast with the articles of associations of the lender or the signed      contract, agreement or the otherobligations. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 4. | The      borrower ensure all the issued balance sheets (if any) shall be conforming      to the regulations of the laws of People’s Republic of China (for the      purpose of the contract, excluding the laws of Hongkong Special      Administrative Region, Macao Special Administrative Region and Taiwan),      wherein the balance sheets must be real, complete, and fair to reflect the      financial condition of theborrower; |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 5. | The      borrower shall obey the principles of honesty and faithfulness during the      process of signing and performing the contract and ensure all the      materials, documents and information including the information of itself      and the guarantor provided to the lender are real, valid, correct and      complete without any concealed or missed  content. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6. | The      borrower shall ensure to complete the filing, registration or the other      formalities required for the validity and legal performance of the      contract and pay up the relevant tax andcost. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7. | Since      the issuance of the latest approved balance sheet, there is not any      serious sever change in the operation status and the financial condition      of the lender. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | The      borrower shall strictly obey the regulations of the legal document,      conduct all kinds of business within the business scope legally approved      or according to the regulations of business license of the lender or the      stipulations of set documents and make the registration and annual      inspection procedures on time. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 9. | The      borrower shall not give up any due credit and handle up the current main      property by the non-remunerative way or the other inappropriate way.      Without the written consent of the lender, the borrower shall not pay off      the other long-term loan inadvance. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 10. | The      borrower has disclosed the important facts and conditions which shall be      known or have been known by the lender and whether to release the loan      under the contract. |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 11. | The      borrower confirms the default not occurring at the signing date of the      contract and during the contract performance, including but not limited to      the staff salary and medical service, the disability grant, the      compensation and the pensions. |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 12. | The      borrower ensures the development project of the proposed reserve land      complying with the urban general planning, the recent municipal      construction and the general planning requirement of land utilization      (applicable to he loan usage for the land reserve development) approved by      the legal procedure. |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|  | 13. | The      borrower ensures the good condition of credit without serious bad record;      if the borrower is the legal person for newly-established project, the      controlling shareholder shall enjoy good credit reputations without      serious bad record. |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 14. | The      project supported by the loan shall be conforming to the regulations of      the laws and rules and the relevant national policies concerning on the      industry, the land, the environmental protection and the investment      management and the legal management procedure of the investment project of      fixed asset has been performed. In addition, the project shall meet the      regulations of capital system of national relevant investment      projects. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 15. | The      borrower ensures no case or event causing or possible to cause the vital      adverse effect for the contractual capacity of the  lender. |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | The      borrower ensures the legal operation and use the loan according to the      contract terms rather than embezzling for other purposes. The borrower      shall regularly provide all kinds of relevant financial and accounting      materials including the monthly and annual balance sheets as required by      the lender and actively cooperate with the lender to monitor the usage      condition and the operation status. The lender may inspect and monitor the      loan usage condition at any time by various  ways. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The      borrower shall repay the loan principal and interest under the contract in      accordance with the time, amount, currency and interest rate stated in the      contract, the agreement, the application form and the Loan Certificate. The      practical repayment time, amount, currency, interest rate shall be subject      to the content recorded in the Loan      Certificate. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | The      borrower guaranties will timely provide the new guaranty approved by the      lender as long as the serious case occurs or going to occur to have the      adverse influence for the finance state and the ability to perform the      guaranty obligations of theguarantor. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | The      borrower promises not taking the following actions prior to obtaining the      written consent from the lender: |
|----|--------------------------------------------------------------------------------------------------------------------------|

|  | (1) | Handle      up all or partial great asset by selling, granting, renting, lending,      transferring, mortgaging, pledging and the other  ways; |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | Contract,      rent, joint venture, foreign investment, shareholding reform, joint      capital (cooperation), merger (acquisition), division, share transfer,      substantially increase debt financing, set up subsidiary, property      transfer, reduce asset, business cessation, dissolve, file for bankruptcy,      reconstruction and the other actions possible to affect the repayment      ability of the borrower. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | Modify      the articles of associations and the other established document, change      the organization mechanism, business scope or the main      business. |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|  | (4) | Provide      the third party with the guaranty generating great server adverse effect      on the financial station or the ability to perform the obligations under      the contract. |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (5) | Clear      off the other long-term debt inadvance. |
|--|-----|----------------------------------------------------|

|  | (6) | Signing      up the contract/agreement or shouldering the relevant obligations having      bad effect on the ability to perform the obligations under the      contract/ |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | The      borrower promises to notify the lender at the day of event occurrence and      send the original copy of relevant notice to the lender (with common seal)      within five (5) banking days from the day of event occurrence if the      following cases occur: |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (1) | Happened      relevant cases resulting in the unreal and incorrect representation and      warranty made by the borrower in thecontract. |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | The      borrower or the controlling shareholder, the practical controller or the      related person involving with the lawsuit, arbitration or the asset      detained, closed down, frozen, forcefully implemented or the other      measures with the same effectiveness, or the legal      representative/responsible office, the director, the supervisor or the      senior management staff involved with the lawsuit, the arbitration or the      other enforcement measures. |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | Changes      of the legal representative or the authorized agent of the borrower, the      responsible office, the main financial responsible officer, the      communication address, the enterprise name, the office place and the other      items |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (4) | Apply      for reconstruction, bankruptcy by the other creditor or withdrawn by the      superior supervising unit. |
|--|-----|---------------------------------------------------------------------------------------------------------------------|

| 6. | The      borrower promise not to repay off the other loans by disobeying the normal      repayment sequence and never sign up any contract or agreement resulting      in the loan under the contract in the subordinate  status. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7. | The      borrower shall repay the loan principal and interest under the contract      with the same currency with the loan as much as possible. If the borrower      repays the debt with the different currency from the loan, the borrower      shall voluntarily or authorize the lender to exchange the different      currency into the currency same as the loan currency under the contract in      accordance with the method stated in the Deduction Agreement to repay the      principal and interest, wherein the aroused cost shall be shouldered by      the lender. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8. | If      the guaranty under the contract faces with the specific condition or      specially changes, the borrower shall provide the other guaranty approved      by the lender according to the lender’s requirements. The specific      condition or change includes but not limited to production suspending, out      of business, dissolving, business cessation for regulation, suspending or      canceling the business license, applying for or being applied for      reconstruction, bankruptcy, great changes of business or financial state,      involvement with the serious lawsuit or arbitration case, main business      and management staff involving with the case, value decrease of the      guaranty or possible decrease or taking the property preservation, default      under the guaranty contract and requiring to terminating the guaranty      contract and so on. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

| 9. | Special      agreed items about the group client (applicable to the group      client) |
|----|----------------------------------------------------------------------------------------|

|  | (1) | The      borrower shall timely report the condition of connected trade over 10% of      net asset of the practical accredited party, including: ○1connected relationship      of trade parties: ○2trade project and trade      nature; ○3trade      amount or relevant ratio; pricing policy (including the trade without      amount or only with symbol amount). |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | The      borrower shall be regarded taking default if the practical accredited      party has any of the following conditions, and the lender has the rights      to unilaterally cancel the unused credit extension of the client and      reclaim all or partial used credit extension or require the client add to      100% margins: ○1provide false materials      or conceal the important business and finance facts; ○2change the original      usage purpose of credit extension without the consent of the lender,      embezzle the credit extension or utilize the bank credit extension for the      illegal trade; ○3discount or pledge in      the bank by the false contract with the connected parties, the receivable      receipt without any real trade backgrounds and the receivables to absorb      the bank funds or credit extension; ○4refuse to the lender to      monitor and inspect the loan utilization and the relevant business and      financial activities; ○5great merger and      purchase reorganization and the other case possible to influence the      credit extension safety; ○6intentionally evasion of      debt to bank. |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10. | The      borrower ensures to transfer the land use right by inviting bidding,      auction or listing and the funds in the special account of land reserves      only for the expenditure of land development cost to achieve the purpose      of special loan for special project; the borrower promises the incomings      of land transfer shall be prior to repaying the loan principal and      interest under the contract rather than for the other use (applicable to      the loan used for the land reserves  development). |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11. | If      the lender requires, the lender shall set up the guaranty and the pledge      guaranty by taking the project asset complying with the pledge condition      and/or the predicted project incomings and/or using the share ownership of      the project company held by the project initiator as the    loan. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12. | If      the lender requires, the lender shall require the relevant parities of      project to maximally reduce the risk during the construction period by      signing up the general contracting contract, insuring the commercial      insurance, setting up the completion margin, proving the completion      guaranty and the performance guarantee and so  on. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13. | If      the lender requires, the lender shall sign up the long-term supply and      sales contract, use the financial derivatives or providing guaranty for      the capital gap by the initiator to effectively disperse the risk during      the business period. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

| 14. | Through      the negotiation between the lender and the borrower, the lender shall      comprehensively use all kinds of financing tools and expand the source      channel of project funds by providing financial consultant for the loan      project and designing the overall financial service plan for the project      to effectively disperse the loanrisk. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | The      borrower agrees the lender has the rights to directly deduct from the      settlement account opened up the borrower in Shanghai Pudong Development      Bank to pay off the due payable debt when any of debt connected with the      contract loan; if the funds in the settlement account is not enough to pay      off the debt, the lender has the rights to deduct the amount from any of      accounts opened up by the borrower at each branch of Shanghai Pudong      Development Bank. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Unless      otherwise specified by the national authority organization, the sequence      of paying off the debt by deducting the amount is to repay the overdue      fees of the borrower, and then to clear off the overdue interest and last      to overdue principal. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | If      the currency of the deducted payment is different from that the payment      needing to be repaid, the following measures shall be    taken: |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (1) | If      the loan currency is RMB, the loan principal and interest shall be repaid      after transferring the deducted amount to RMB in accordance with the      buying rate of exchange of the deducted amount currency and      RMB. |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | If      the loan currency is not RMB, while the currency of deducted amount is      RMB, the loan principal and interest shall be repaid after transferring      the deducted amount to RMB by the public buying  rate. |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (3) | If      the currencies of the loan and the deducted amount are not RMB, the first      is to transfer the currencies into RMB and the second is to transfer into      the currency of loan so to pay off the loan principal and      interest. |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 1. | The      notice sent by one Party to another Party shall be sent to the address      listed in the signature page of the contract until the address change by      the written notice by another Party. As long as the notice is sent by the      above address, it shall be regarded as being sent at the following date.      If the letter, the seventh (7) banking days after registering post by the      main business address; if the special sending, the signing day signed by      the receiver; if the fax or e-mail, the sending date of fax or e-mail. But      all of the notices, requirements or the other communications sent or      delivered by the lender shall be regarded as successfully sent at the      practical receiving by the lender and the confirmation shall be made by      the fax or e-mail or sending the original copies of all notices and      requirements (with common seal) to thelender. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|   | 2. | The      borrower agrees as long as the sent voucher and notice for the lawsuit has      successfully sent to the main business address listed in the signature      page of the contract. The change of above address shall be invalid unless      notifying the lender in advance. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 1. | The      contract shall come into effect after affixing the common seals by the      lender and the borrower and signing or sealing by the legal representative      (responsible officer) or the authorized agents of the two Parities and      terminate until repaying off the entire loan under the      contract. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | After      the contract coming into effect, any Party of the contract shall not      change or terminate the contract in advance by itself. If the contract      needs to be changed and terminated, the consensus shall be made by and      between the two Parities and the written agreement shall also be signed      up. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 1. | Event      of default |
|--------|----|-----------------------|

|   | (1) | Any      representation and warranty made by the lender in the contract or the      notice, authorization, approval, consent, certificate and the other      documents made according to the contract regulations have been proved to      be incorrect or with misleading nature or be invalid or revoked or without      legal force. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | The      borrower has violated the regulations stated in the Other Items Agreed by      Two Parties in the Part I (if any) or any of statements in Article 9 of      Part II. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | The      borrower violates the signed any provision of the loan contract and      agreement; or the overdue debt under the other loan contract and      agreements. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (4) | The      investor of the lender removing the funds, transferring the asset or the      share ownership. |
|--------|-----|---------------------------------------------------------------------------------------------------------|

|   | (5) | Delay      allocation of self-raised funds by the borrower or removing after      allocation |
|--------|-----|----------------------------------------------------------------------------------------------|

|   | (6) | Serious      lagging of project process. |
|--------|-----|------------------------------------------|

|   | (7) | The      guarantor has lost or will lose the guaranty ability related to offering      and loan, or breaching the guaranty contract signed by    itself. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|   | (8) | Business      cessation, production suspending, business suspending, cessation for      reconstruction, liquidation, being taken over or taking over, dissolving,      suspending or canceling the business license or  bankruptcy. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (9)  | Financial      condition of the borrower or the guarantor worsening, difficulty in the      business or the occurred case or condition badly affecting the normal      business, financial condition or the repayment ability.                                                                                                                                                                                                                                                                                                                                                                  |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | (10) | The      borrower or the controlling shareholder, the practical controller or the      connected party involving with the serious lawsuit, arbitration or the      great asset being detained, closed down, frozen, forcefully implemented or      the other taken measures with the same enforcement, or the legal      representative/responsible officer, the directors, the supervisor or the      senior management staff involving with the lawsuit, arbitration or the      other enforcement measures resulting in the adverse influence on the      repayment ability of the borrower. |
|   | (11) | The      change of national or local land reserves policies having bad effect on      the loan under the contract; or the planning condition of reserved land      changing or unable to realize the predicted profit (applicable to the loan      usage for the land reserves development).                                                                                                                                                                                                                                                                                                    |
|   | (12) | The      borrower fails to repay the loan principal and interest or use the      loan  as per the provisions.                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|   | (13) | Fails      to use the loan as per the stated ways.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   | (14) | The      file materials and information of submitted applying loan be      false  and wrong.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   | (15) | Inconformity      to or exceeding the relevant financial indicator regulations stated in the      contract.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   | (16) | The      balance in the general settlement less than the payable amount of the      principal and interest of the borrower at any due day and within ten      days.                                                                                                                                                                                                                                                                                                                                                                                                                             |
|   | (17) | Abnormality      in the cash flow of the general settlement account (incoming      account)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   | (18) | Default      of the borrower resulting in the normal performance of contract, or the      other actions harming the legitimate interest of the    lender.                                                                                                                                                                                                                                                                                                                                                                                                                                       |

|   | 2. | Treatment |
|--------|----|-----------|

|   | (1) | In      case of aforesaid default occurs, the lender shall take the one or several      measures as followings by taking the circumstances into      considerations: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | I.   | Require      the borrower to modify in limit period.                                                                                                                                                       |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | II.  | Stop      releasing the unused loan of the borrower and reclaim the partial or all      loans in advance.                                                                                                  |
|   | III. | Announce      the due of all or partial principal in advance, require repaying the      partial or all loans and the interest and reclaims for the guarantor or      the borrower by all kinds of methods. |
|   | IV.  | Collect      interest and compound interest for the overdue loan and the embezzled      loan.                                                                                                              |
|   | V.   | Deduct      from any account opened up by the borrower in each branch of Shanghai      Pudong Development Bank.                                                                                            |

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|   | VI.  | Require      the borrower to provide the other guaranty approved by the      lender. |
|--------|------|--------------------------------------------------------------------------------------|
|   | VII. | The      other necessary measures stated by thelaw.                                  |

|   | (2) | Expect      for the above measures, the lender also has the rights to require the      borrower to shoulder the default liability and pay up the liquidated      damages (see the Part I of the contract for the calculation method of the      liquidated damages). If the liquidated damages is not enough to make up      the lender’s loss, the borrower shall compensate all the losses for the      lender. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | If      the borrower fails to repay the principal and the interest in full value,      the borrower has to pay up all the costs aroused from the lender to      realize the credit claim and the guaranty rights, including but not      limited to the collection fee, the lawsuit fee, the notaries fee, the      attorney fee, the traveling expense, the translation cost and the other      payable costs. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | Definitions |
|----|-------------|

|  | (1) | All      the credit claims in the contract means the loan principal, the interest,      the liquidated damages and all kinds of costs for realizing the credit      claim. |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | The      aforesaid interest includes the interest, the default interest and the      compound interest. |
|--|-----|---------------------------------------------------------------------------------------------------------|

|  | (3) | The      banking day in the contract refers to the normal public business day of      the lender at the residential place, excluding Saturday, Sunday (except      for the public business due to the holiday adjustment policy) or the other      legal festivals and holiday. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Applicable      laws |
|----|----------------------|

| 3. | Dispute      resolution |
|----|-------------------------|

| 4. | Miscellaneous |
|----|---------------|

|  | (1) | If      there is unlisted issue needs to be complemented, the two parties can      negotiate and record in the article 10 of the contract and they can reach      another written agreement as the annex of the contract. The annex of the      contract (see details in Part 1 of the contract) is an indivisible part of      the contract and it enjoys the same legal force with the      contract. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | During      the contract period, the lender shall take the grace measures or delay to      take actions which could not harm, influence or limit the lender to enjoy      all rights or benefits as the creditor in accordance with the law or the      contract, in addition, it could not be regarded as the approval by the      lender to the default of the borrower, even less regarding the lender      giving up the rights to take actions against the current or future default      of the borrower. |
|--|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|  | (3) | The      invalidity of some a provision in the contract shall not affect the      enforcement of the other provisions. No matter why the contract is      invalid, the borrower shall also shoulder all the debt liabilities under      the contract to the lender. In case of the above conditions, the lender      has the rights to immediately terminate the contract performance and      reclaim the entire loan under the contract to the  borrower. |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (4) | The      borrower shall be able to transfer all or partial rights and/or      obligations under the contract, in this case, the transferee shall enjoy      and/take the same rights and/or duties as one Party of the contract. After      receiving the notice of credit transfer from the lender, the borrower      shall take the liabilities to the transferee according to the regulations      of the contract. |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (5) | The      terms and expressions in the contract have the same meaning with the main      contract unless there are specialnotes. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------|

|  | (6) | The      titles in the contract are just for reference and not served as reference      of the contents. |
|--|-----|----------------------------------------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

----

| Dwelling      place:                                          | Main business      site: |   |
|------------------------------------------------------------------------------|--------------------------|--------|
| Zip      code:                                                | Zip code:                |   |
| Tel:             | Tel:                     |   |
| Fax:                                           | Fax:                     |   |
| Email:                          | Email:                   |   |
| Contact      person:                                               | Contact      person:     |   |

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|  | o | The      written contract, agreement, memorandum, minutes, or the other legal      documents practically reflecting the payment obligations of the      lender |
|--|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | o | Charging      policy and standard approved by the governmental authority      department |
|--|---|------------------------------------------------------------------------------------------|

|  | o | Relevant      invoice or receipt: if unable to obtain at the same time of payment, the      borrower shall timely submit the relevant loan utilization invoice and      receipt after payment completion |
|--|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | o | Price      evaluation report of the investment supervisor for the engineering      prepayment, the process payment, the settlement or liquidation      payment |
|--|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | o | Valid      and effective payment voucher of special account of fixed asset      loan |
|--|---|--------------------------------------------------------------------------------------|

|  | o | Others: |
|--|---|---------|

|   | Applicant:    (seal      for special account of fixed assetloan) |
|--------|--------------------------------------------------------------------------------------|

|   |         (day)        (month)        (year) |
|--------|--------------------------------------------------------------------------|

----

|        | Shanghai      Pudong Development Bank | Loan      Contract of Fixed Asset |
|--------|---------------------------------------|-----------------------------------|
|   | SPD      BANK                         |                              |

|   | No.: |
|--------|------|

| Enterprise      name                    |                              | Responsible      officer               |                      |
|-----------------------------------------|-----------------------------------|----------------------------------------|---------------------------|
| Loan      project of fixed asset        |                              |                                   | No.      of loan contract |   |
|                                    | Items      of application payment | Payment      amount (10 thousand yuan) | Payment      date         | Trade      counterparty |
| Status      of self payment application | 1                                 |                                   |                      |   |
| 2                                       |                              |                                   |                      |
| 3                                       |                              |                                   |                      |
| 4                                       |                              |                                   |                      |
| 5                                       |                              |                                   |                      |
| 6                                       |                              |                                   |                      |
|                                    | Summary                           |                                   |

|   | Applicant:    (seal      for special account of fixed asset loan) |
|--------|---------------------------------------------------------------------------------------|

|   |         (day)        (month)        (year) |
|--------|--------------------------------------------------------------------------|

----