----

| (1)   | Jinjiang Hengda Ceramics Co.,      Ltd., a Wholly Foreign Owned Enterprise (the “WFOE”) incorporated under the laws of      the People’s Republic of China (the “PRC”), holding the Business License      No.      350500400039648      issued by Quanzhou City Administration of Industry and Commerce and with the legal      address of Anhai Junbing Industrial Zone, Jinjiang City, Fujian Province,      PRC. (the “Acquirer” or “Transferee”) |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | HUANG Chang Tie, WU You Jin and      WANG Yin Lin, the PRC residents, holding their identity cards of No.      35058219531201303, 350582197901152057 and 350500197202180513 respectively. (collectively  the      “Transferor”) |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)   | Jiangxi Hengdali Constructional      Ceramics Co., Ltd., a limited liability company incorporated under the PRC      laws, holding the Business License No. 360983210005545 issued by Gaoan City      Administration of Industry and Commerce and with the legal      address of Bajing Town (the Constructional Ceramics Industrial Base of      Jiangxi Province), Gaoan City, Jiangxi Province, PRC. (the “Acquiree” or “Confirmatory Party”) |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (A)   | As at the date hereof, the      Transferor is the shareholders of the Confirmatory Party and holds the      100% equity interests in the Confirmatory  Party. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (B)   | The Confirmatory Party is a legally      registered limited liability company in the PRC with the registered      capital of RMB 55,880,000 which had been fully paid and      with the business scope of producing and selling ceramic tiles      (excluding those under state special      regulations) and has      been legitimately subsisting and operating as at the date      hereof. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (C)   | The Confirmatory Party is a PRC      domestic enterprise and has three shareholders in total (i.e. HUANG Chang      Tie, WU You Jin and WANG Yi Lin) who are the Transferor under the      Agreement and      aggregately hold 100% equity interests. The aforesaid shareholders have all undertaken to waive      their respective rights of first refusal to the Target Shares (as defined      under Clause 1.1 in theAgreement). |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (D)   | The Transferor has cumulatively      invested RMB 121,950,000 (excluding the registered capital) into the      Confirmatory Party (for the specific dates and amount particulars, please      refer to Schedule 1). The Transferor and the Confirmatory Party      shall define the investment amount excluding the registered capital as the      “Shareholders’ Loan” with the interest rate of 5.31%      by reference      to the one-year benchmark loan interest rate announced by People's Bank of China on January 1, 2009 and the loan term of which shall be      calculated according to the actual borrowing    span. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (E)   | The Acquirer and the Confirmatory      Party have entered the Letter of Intent on 18 May 2008 (the “LOI”), pursuant to which the      Transferor granted the Acquirer the exclusive option to the whole or      controlling shares in the Confirmatory Party. The Acquirer hereby intends to execute the      option in the light of the LOI and the Transferor agrees to      transfer the 100%      equity interests held by them in the Confirmatory Party to the Acquirer after the      Acquirer’s transaction through a SPAC      Listing and      Financing  and to convert      the Confirmatory Party into an “enterprise invested by foreign      investment enterprise” solely held by the      Acquirer. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 1.   | Definition |
|----------------|------------|

| 1.1   | The following words and expressions      in the Agreement, except as otherwise expressed, have the      following meanings: |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------|

----

----

| 2.   | Share      Acquisition |
|----------------|------------------------|

| 2.1   | The Transferor agrees to transfer      and the Acquirer agrees to acquire the Target Shares in accordance with the      terms and conditions hereunder the  Agreement. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.2   | From the Completion Date of the      Acquisition onwards, except for otherwise provided or agreed by Both      Parties, the Acquirer      shall hold the Target Shares and all the rights, benefits, interests and      assume all the obligations and liabilities attached and related to the      Target Shares pursuant to the articles of association and applicable      laws. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 2.3   | After the completion of the Share      Acquisition, the legal status of the Confirmatory Party shall change from the      domestic enterprise into an “enterprise invested by foreign      investment enterprise”, but its name, business scope and      registered capital of the Confirmatory Party will remain the      same. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.4   | Current Situations of the      Confirmatory Party and Affirmation of the Acquisition  Date |
|-----------------|--------------------------------------------------------------------------------------------|

| 2.5   | Situations of the Confirmatory      Party |
|-----------------|-------------------------------------------|

|                (1)   | The Confirmatory Party holds the      land use rights to the land located in the Gaoan City Constructional      Ceramics Industrial Base of Jiangxi Province with total site area of      244,324 m2 and the building thereon      which is under      construction (the land use right certificate and other relevant documents      are listed as the Schedule 2 of the Agreement). The aforesaid land is of industrial      use as at the date hereof. |
|-----------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                (2)   | As at the Execution Date of the      Agreement, the situations of the investments and loans by the Transferor      to the Confirmatory Party shall be  inspected. |
|-----------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.6   | Completion of the Share      Acquisition |
|-----------------|------------------------------------------|

----

| 3.   | Pre-conditions of the      Effectiveness of theAgreement |
|----------------|----------------------------------------------------------|

|                (1)   | The Agreement is legally executed      by Both Parties and the Confirmatory  Party; |
|-----------------------------------------------------------------------------|-------------------------------------------------------------------------------------|

|                (2)   | The Acquirer completes the      SPAC Lising and      Financing. |
|-----------------------------------------------------------------------------|-----------------------------------------------------------------|

| 4.   | Acquisition      Consideration |
|----------------|--------------------------------|

| 4.1   | The Acquisition Consideration shall      be calculated asfollows: |
|-----------------|-------------------------------------------------------------------|

|                (1)   | The Acquirer shall pay the amount      equal to the registered capital, i.e. RMB 55,880,000 to the      Transferor; |
|-----------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|

|                (2)   | The Acquirer shall pay the interest of the      above-mentioned amount to the Transferor. The interest rate thereof shall be 5.31%      by reference      to the one-year benchmark loan interest rate announced by People's Bank of China on January 1 2009 and the term for interest calculation shall start on the next      day of the day when the above-mentioned amount of registered capital is paid into the due bank account      (s) and end on 31 December 2009. Based on the aforesaid interest rate and loan term, the aggregate      interest shall be RMB      2,260,000; (for details, please refer to Schedule  3) |
|-----------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                (3)   | In the event that the actual      payment date of the Acquisition Consideration is not 31 December 2009, the      amount of      interest shall be      adjusted according to the actual payment date, but the interest rate shall at      all times be 5.31%. |
|-----------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 4.2   | Payment Arrangement of the Acquisition      Consideration |
|-----------------|-----------------------------------------------------------|

| 5.   | Repayment of the      Shareholders’  Loan |
|----------------|-------------------------------------------------|

|                 (1)   | Assuming sufficient funds are      available from the SPAC Listing and Financing and from its      own available funds, the Acquirer shall repay the      Shareholders’ Loan with the aggregate principal      of RMB121,950,000 lent by the Transferor to the      Confirmatory Party and the accrued interest as provided in Clause      5(2) of the Agreement      within 7 days after the completion of SPAC Listing and      Financing. |
|-----------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                (2)   | The Acquirer shall pay the interest      of the above-mentioned Shareholders’ Loan to the Transferor. The interest rate thereof shall be      fixed at 5.31% during the life of the      Shareholders’ Loan by reference to the one-year benchmark loan interest rate announced by People's Bank of China on January 1 2009 and the term for interest calculation      shall start on the next day of the day when every payment of the      Shareholders’ Loan is deposited into the due bank      account(s) and end on the actual pay-off date of the      Shareholders’ Loan; (for details, please refer      to Schedule 4) |
|-----------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                (3)   | If sufficient funds are not available      from the SPAC Listing and Financing and from its own available funds to      repay the Shareholders’ Loan and the accrued interest, the Acquirer may pay off      a portion of      the      Shareholders’ Loan and interest according to its available funds      and pay off the balance at any time according to its      absolute discretion. The aforesaid interest rate of 5.31% shall be fixed and unchangeable      until the date when the Shareholders Loan is practically paid off and there shall be no penalty for the      aforesaid repayment of the Shareholders’ Loan. There is no term or      repayment schedule for the payment of principal and accrued    interest. |
|-----------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.   | Bank Loans  of the      Confirmatory Party |
|----------------|------------------------------------------------------|

| 7.   | Legal      Formalities |
|----------------|------------------------|

| 7.1   | Once upon the Agreement becoming      effective, the Acquirer should process all the following legal formalities      by the cooperation of the      Transferor: |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                 (1)   | The legal formalities regarding the Share Acquisition include but are not limited to      : |
|------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|

|                            (a)   | The approval of, registration with and issuance of the business      license by the AIC; and |
|-----------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------|

|                            (b)   | The directors and superior management appointed by the Acquirer      take place of the same position appointed by the      Transferor. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------|

| 7.2   | The Transferor and the Confirmatory      Party should punctually sign and provide the documents which are required to be signed      and provided by them      for processing the legalformalities |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.3   | Within 2 days since the Completion      Date of the Acquisition, the Transferor and the Confirmatory Party should      transfer the company seals, financial seals and accounting books to the      Acquirer. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.   | Obligations and Liabilities of the      Acquirer |
|----------------|--------------------------------------------------|

| 8.1   | After the renewed business license      is obtained by the Confirmatory Party, the Acquirer should pay the      Acquisition Consideration on time as provided under the      Agreement. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.2   | The Acquirer should process all the legal formalities as      provided under Clause 7 of theAgreement. |
|-----------------|--------------------------------------------------------------------------------------------------------|

| 8.3   | The Acquirer should perform and      assume all the other obligations and liabilities as provided under      the Agreement. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------|

----

| 9.   | Obligations and Liabilities of the      Transferor |
|----------------|----------------------------------------------------|

| 9.1   | The Transferor should cooperate with      the Acquirer on theinspection. |
|-----------------|--------------------------------------------------------------------------|

| 9.2   | the Transferor shall complete the      change of AIC registration of the Confirmatory      Party within three months upon the receipt of the Acquisition      Consideration and the Transferor should process all the legal formalities as      provided under Clause 7 of theAgreement. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 转让方在收到全部的收购代价后三个月内完成确认方工商变更登记,并按照本协议第7条之规定协助办理所有所需的法律手续。 |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.3   | The Transferor should perform and      assume all other obligations and liabilities as provided under the      Agreement. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------|

| 10.   | Assuming of Taxes and      Fees |
|-----------------|---------------------------------|

| 10.1   | The Acquirer agrees to pay all the      fees and expenses (including but not limited to the taxes, governmental charges and other charges by the      lawyers, accountants, assessors, etc.) incurred in the course of the share      transfer. |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.   | Representations, Warranties and      Undertakings of the      Acquirer |
|-----------------|------------------------------------------------------------------------|

| 11.1   | The Acquirer is an enterprise legal      person incorporated pursuant to the PRC laws and holds the valid Business      License and other relevant approval documents. As at the Execution Date, there are no such existing      legal causes that can      lead the Acquirer to cease its legal existence and    operation; |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.2   | The Acquirer has maintained the      power, rights and authorization to sign, deliver and perform the Agreement      and has taken all the      corporate and other      activities which are      necessary for authorization to sign and perform the      Agreement; |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 11.3   | The Acquirer undertakes that its      signing and performing the Agreement will not conflict with      any documents which have been entered by and binding on the      Acquirer; |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.4   | From the Effective Date onwards,      the Agreement shall be legal, valid, enforceable and binding on the      Acquirer and shall      not be subject to any approval or consent of any third party;      and |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.5   | The Acquirer undertakes that from      the Effective Date onwards, it will perform the Share Acquisition with the      Transferor, pay the Acquisition Consideration under the      Agreement and duly perform and assume all the obligations      and liabilities as provided in the  Agreement. |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.   | Representations, Warranties and Undertakings of      the Transferor |
|-----------------|---------------------------------------------------------------------|

| 12.1   | The Transferor are PRC citizens      with valid Resident Identity Cards and other approval documents.      As at the Execution Date, there are no such existing      legal causes that can lead  the Transferor to lose their civil      capabilities; |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.2   | The Transferor has maintained the      power, rights and authorization to sign, deliver and perform the Agreement      and has taken all the actions which are necessary for authorization to      sign and perform the Agreement; |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.3   | The Transferor undertakes that its      signing and performing the Agreement will not conflict with any documents      which have been entered by and binding on the      Transferor; |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 12.4   | From the Effective Date onwards,      the Agreement shall be legal, valid, enforceable and binding on the      Transferor and shall not be subject to any approval or consent of any      third party; |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.5   | the Transferor undertakes that from the      Effective Date onwards, it will perform the Share Acquisition with the      Acquirer and duly perform and assume all the obligations      and liabilities as provided in the  Agreement; |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.6   | The Transferor is entitled with the      capability of being the corporate      shareholder as provided in the PRC Company Law and other relevant laws and      regulations and legally holds the Target Shares and is      the sole legal and beneficial owner of the Target    Shares; |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.7   | The Transferor is entitled to      legally transfer the Target Shares which are not subject to any pledge or      other security interests or any other third party rights or      restrictions or any      sealing-up, distraining, freezing and other compulsory measures by the judicial and      administrative authorities; |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.8   | The three shareholders included in      the Transferor have      undertaken to waive their respective rights of first refusal to the Target      Shares; |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.9   | There is not any legal cause which will or can lead the      Transferor to lose the capability of being the shareholder of the      Confirmatory Party,      exercising the shareholder’s rights and power and/or      transferring the Target      Shares; |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.10   | The Confirmatory Party is an      enterprise legal person incorporated pursuant to the PRC laws and has      maintained the civil      rights and capabilities in the light of its business scope stated in its      Business License and its articles of association. As at the Execution Date, there are no such existing      legal causes that can lead the Confirmatory Party to cease its legal      existence and    operation; |
|-------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 12.11   | The registered capital of the Confirmatory Party      had been fully and duly paid and the registered capital is authentic,      legal and      sufficient and has not been withdrawn,      removed or transferred by any other  means; |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.12   | All the documents, materials, information, the      representations, clarification, warranties provided to the Acquirer      are authentic,      sufficient and complete and there is no fake, misleading content, material      omission, or other situations which could      affect the Acquirer to make correct judgment on the facts related to the      Agreement; |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.13   | The Confirmatory Party has      processed and obtained the legal and necessary approvals, registrations,      filings and permits and all such approvals, registrations, filings and      permits are still valid; |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.14   | The Confirmatory Party has processed      and obtained the legal and necessary approvals and permits for the construction and      operation of a ceramic tile manufacturing facility with an annual output      of 42,000,000 square      meters. The construction of the facility and      the installation of three ceramic tile production lines is      complete.  There are no element which      could lead the project to be ceased by      the government and there is no legal impediment for the Confirmatory Party to complete the      registration and approval formalities with the authorities of      environmental protection, land resource, construction, urban planning,      production security supervision and management, quality supervision,      etc.; |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 12.15   | The Transferor and the Confirmatory      Party have never been involved in any administrative, civil and      economic litigations, arbitrations, administrative      punishments or other disputes, nor have they been subject to any      sealing-up, distraining, freezing and other compulsory measures by any governmental, judicial and      administrative authorities; within the reasonably foreseeable future, there are not any      existing elements which could lead the Transferor and the Confirmatory      Party to be subject to the aforesaid  situations; |
|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.16   | The Transferor has taken and will      take all the necessary actions to sign and prepare for all the necessary      documents and approvals in order to guarantee the validity and legality of      the Share Acquisition under the  Agreement; |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.17   | During the time from the Execution      Date to the completion of the Acquisition, at the      absolute discretion of the Acquirer, the Acquirer can require the Confirmatory Party to produce      products for the Acquirer and buy the products from the Confirmatory      Party at cost.  The Confirmatory Party      agrees and accepts the aforesaid price for the      products. |
|-------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.18   | The Transferor represents that no      other loans exist other that the Agriculure Bank Loan      and the Shareholders Loan. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------|

| 12.19   | The total Indebtedness (excluding      the Agriculture Bank Loan and the Shareholder Loan) and the estimate of      taxes and fees in Clause 10.1 as of the Execution Date is      RMB 1,651,400. |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.   | Force Majeure |
|-----------------|---------------|

| 13.1   | If any party is impeded to perform its obligations under      the      Agreement      by war, fire, typhoon, earthquake,      flood or the      circumstances which can not be reasonably foreseen, avoided or overcome, the party affected by such accident shall notify other      parties by fax with respect to the situation of      the force majeure, and shall provide the certified documents issued by competent authorities within 14 days after the      occurrence of the      accident to ceritify the event. |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 13.2   | The Party, which fails to fulfill or delay in performing its obligations due to the force majeure events, is not subject to the liability      under the Agreement. However, the party affected by      the force majeure shall notify other parties by fax immediately after the accident are      eliminated. |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.3   | The      parties shall continue to perform their obligations under the Agreement      immediately after the cease of the accidents or the elimination of the      affection, and the agreed term for performance stipulated under the      Agreement shall be extendedaccordingly. |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.   | Termination and Legal Liabilities |
|-----------------|-----------------------------------|

| 14.1   |  All Parties may modify or terminate the Agreement by mutual negotiation after the execution      of the Agreement, provided, however, that no such modification or termination shall be      effective unless and until approved by the members of the directors of the      post SPAC Listing and Financing company named to the Board of Directors      who were nominated by theSPAC. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.2   | Failure      to materially comply with the Agreement by any party shall be regarded as      a breach of contact. Without prejudice to the rights conferred to the      observant party under the Agreement, the observant party is entitled to      claim the compensation for damages from the party in breach according to      the PRC Contract Law and relevant laws and  regulations. |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 15.   | Confidentiality |
|-----------------|-----------------|

| 15.1   | Any      unpublished information, which is obtained and known by one party during      the execution and performance of the Agreement with other parties, can      only be used within the necessary scope where the Agreement could be duly      performed. The party shall not disclose such information to any third      party without prior written consent by the other parties, unless such      disclosure is made to its professional consultants who are under the      liabilities of confidentiality. |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.2   | Each      party shall advise their staff who take part in the performance of the      Agreement of their confidentiality obligations and direct them to obey the      obligation of confidentiality. |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.3   | Confidential      information shall not include the information or any of the information as      following: |
|------------------|--------------------------------------------------------------------------------------------------------------|

|                (1)   | From      certain day in the past, such information has became publicly      accessible; |
|-----------------------------------------------------------------------------|------------------------------------------------------------------------------------------|

|                (2)   | Such      confidential information have been disclosed by a third party, and the      Party under the Agreement could reasonably believe that such third party      is legally entitled to publish theinformation; |
|-----------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                 (3)   | It      has been known before the connection with the other    parties; |
|-----------------------------------------------------------------------------------|-------------------------------------------------------------------------|

|                 (4)   | It      is disclosed according to the previous written consent to other parties;      and |
|-----------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------|

----

|                (5)   | It      is disclosed in accordance with the court order, the requirement of      judicial and governmental authorities with competent      jurisdiction. |
|-----------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.4   | The      obligation of confidentiality under this clause shall remain valid.      Termination, ineffectiveness, and invalidation of the Agreement shall not      influence the effect of thisclause. |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.   | Notice |
|-----------------|--------|

| 16.1   | Written      notice |
|------------------|---------------------|

|                (1)   | Hand      delivery, mail or fax; and/or |
|-----------------------------------------------------------------------------|-----------------------------------------|

|                (2)   | Upon      agreement by the Party, information delivery and receipt by e-mail or      other electronic means ofcommunication. |
|-----------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------|

| 16.2   | Details of contact      person |
|------------------|--------------------------------|

|                (1)   | the      details of the contact person of the Acquirer for the purpose of      notification is as follows: |
|-----------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------|

----

|                (2)   | the      details of the contact person of the Transferor for the purpose of      notification is as follows: |
|-----------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------|

|                (3)   | the      details of the contact person of the Confirmatory Party for the purpose of      notification is as follows: |
|-----------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------|

----

| 16.3   | According      to manner provided in the Clause 16.1, the Party may change the detail of      the contact person by a 5 working days notice to other      parties. |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.4   | If      the addressee has not included the correspondence, then the communication      is deemed to be invalid. |
|------------------|-----------------------------------------------------------------------------------------------------------------|

| 17.   | Miscellaneous |
|-----------------|---------------|

| 17.1   | Applicable      law and dispute resolution |
|------------------|--------------------------------------------|

|                (1)   | The      conclusion, effectiveness, interpretation and performance of the Agreement      shall be governed by the PRC laws. |
|-----------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------|

|                 (2)   | Any      dispute arising from or in connection with the Agreement shall be      submitted to South China Branch of China International Economic and Trade      Arbitration Commission for arbitration. It shall be arbitrated in      accordance with the prevailing arbitration rules. Arbitral award is final      and binding on the Party. |
|-----------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 17.2   | Modification |
|------------------|--------------|

|   | 经各方协商一致,可以以书面形式修改本协议或签署补充协议。 |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 17.3   | The Agreement is executed in eight counterparts with equal legal      effect. The Acquirer and the Confirmatory Party hold one copy each. The three shareholders of      the Transferor hold one copy each. The remaining copies will be submitted to the AIC and other relevant      departments. |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| Date      / 日期                          |   | Amount      / 金额(RMB/人民币      ,000,000) |   |
|-------------------------------------------------------|--------|------------------------------------------------------------------------------------------|--------|
| May      12, 2008 / 2008年5月12日   |   |                                                                                     | 22.00  |   |
| January      8, 2009 / 2009年1月8日 |   |                                                                                     | 29.85  |   |
| April      2, 2009 / 2009年4月2日   |   |                                                                                     | 31.10  |   |
| July      7, 2009 / 2009年7月7日    |   |                                                                                     | 39.00  |   |
| Total      / 总计                         |   |                                                                                     | 121.95 |   |

| Register      Capital Injection注册资本投入额                                                                                                                                                                                                                                                                                                                                                                 |   | Injection      Date投入日期 | Assumed      Payment Date假设的还款日期 |                                                   | Days      of Bearing Interest承担利息的日数 |     |   | Interest利息额 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|-----------------------------------------------------------------------------------|--------------------------------------------------------|---------------------------------------------------------------------------------------|----------|--------|----------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 6.28   |                                                | April      30, 20082008年4月30日                                | December      31, 20092009年12月31日 |                                                                                  |     | 610    |                             |   |   | 0.57 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 12.40  |                                                | May      8, 20092009年5月8日                                    | December      31, 20092009年12月31日 |                                                                                  |     | 237    |                             |   |   | 0.43 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 12.40  |                                                | May      12, 20092009年5月12日                                  | December      31, 20092009年12月31日 |                                                                                  |     | 233    |                             |   |   | 0.43 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 12.40  |                                                | May      14, 20092009年5月14日                                  | December      31, 20092009年12月31日 |                                                                                  |     | 231    |                             |   |   | 0.42 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 12.40  |                                                | May      19, 20092009年5月19日                                  | December      31, 20092009年12月31日 |                                                                                  |     | 226    |                             |   |   | 0.41 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 55.88  |                                                |                                                                            |                                                 |                                                                                  |   |   |                             |   | 2.26 |   |
| Note:      The interest shall be adjusted if the date of payment of consideration is      not December 31, 2009 according to Clause 4.1(3) of the      Agreement.注意:如果收购代价实际支付日不是2009年12月31日,利息将会按本协议第4.1(3)项调整。 |   |

----

| Borrowing借款额                                                                                                                                                                                                                                                                                                                                                                                                                         |   | Borrowing      Date借款日期 | Assumed      Payment Date假设的还款日期 |                                                   | Days      of Bearing Interest承担利息的日数 |     |   | Interest利息额 |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|-----------------------------------------------------------------------------------|--------------------------------------------------------|---------------------------------------------------------------------------------------|----------|--------|----------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 22.00  |                                                | May      12, 20082008年5月12日                                  | December      31, 20092009年12月31日 |                                                                                  |     | 598    |                             |   |   | 1.94 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 29.85  |                                                | January      8, 20092009年1月8日                                | December      31, 20092009年12月31日 |                                                                                  |     | 357    |                             |   |   | 1.57 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 31.10  |                                                | April      2, 20092009年4月2日                                  | December      31, 20092009年12月31日 |                                                                                  |     | 273    |                             |   |   | 1.25 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 39.00  |                                                | July      7, 20092009年7月7日                                   | December      31, 20092009年12月31日 |                                                                                  |     | 177    |                             |   |   | 1.02 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 121.95 |                                                |                                                                            |                                                 |                                                                                  |   |   |                             |   | 5.78 |   |
| Note:      The interest shall be adjusted if the date of payment of shareholders'      loan is not December 31, 2009 according to Clause5(2) of the      Agreement.注意:如果股东借款实际偿还日不是2009年12月31日,利息将会按本协议第4.1(3)项调整。 |   |

| Bank      Name银行名称                                                     |   | Borrowing借款额 |   | Borrowing      Date借款日 | Date      of Maturity到期日          |                                                   | Annual      Interest Rate年利率 |   |
|----------------------------------------------------------------------------------------------------|--------|-----------------------------------|--------|---------------------------------------------|--------------------------------------------------------|--------------------------------------------------------|---------------------------------------------------|--------|
| Agriculture      Bank Gaoan Branch农业银行高安分行 |   |                              | 20.0   |                                        | September      22, 20092009年9月22日 | September      21, 20102010年9月21日 |                                              |   | 6.1065 | % |
| Agriculture      Bank Gaoan Branch农业银行高安分行 |   |                              | 5.0    |                                        | September      20, 20092009年9月20日 | September      19, 20102009年9月19日 |                                              |   | 6.6240 | % |
| Agriculture      Bank Gaoan Branch农业银行高安分行 |   |                              | 10.0   |                                        | September      20, 20092009年9月20日 | September      19, 20112009年9月19日 |                                              |   | 6.6240 | % |
| Agriculture      Bank Gaoan Branch农业银行高安分行 |   |                              | 15.0   |                                        | September      20, 20092009年9月20日 | September      19, 20122009年9月19日 |                                              |   | 6.6240 | % |
| Agriculture      Bank Gaoan Branch农业银行高安分行 |   |                              | 10.0   |                                        | September      20, 20092009年9月20日 | September      19, 20132009年9月19日 |                                              |   | 6.6240 | % |

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