Exhibit
4.5


  


Translation
of Factory Lease Agreement 


  


Landlord
(Party A): Zhejiang Special Plastics Technology Co., Ltd.


 


Tenant
(Party B): Taizhou Fuling Plastics Co., Ltd.


 


According
to relevant regulations, Party and Party B agree upon the matters regarding leasing the factory legally owned by Party A to Party
B and sign this agreement as below.


 


	I.	Factory
    Situation


 


The
factory is located at 8 Shengpan Road, Guanweitong Village, Wenqiao Village. The leased construction floor is 5,120 square meters.


 


	II.	Lease
    period


 


	 	1.	Total
    lease period is 3 years, from January 1, 2017 to December 31, 2018.


 


	 	2.	Upon
    the expiration of the lease, Party A has the right to collect the factory, and Party B shall return it timely. If Party B
    needs to continue renting it, it shall send a written request to Party A three months before the end of the lease, and resign
    a lease after Party A’s approval.


 


	III.	Rent
    and Way of Payment


 


	 	1.	The
    rent is RMB 6 per month per square meter. The annual rent is RMB 368,640 which shall be paid at the end of every year one
    time.


 


	IV.	Other
    fees


 


	 	1.	During
    the lease period, the fees of water, electricity, gas, telecommunication including phone incurred by using this factory shall
    be paid by Party B.


 


	V.	Usage
    Requirement and Repair Responsibility


 


	 	1.	During
    the lease period, if Party B discovers any damage or malfunction, it shall timely notify Party A for repair. Party A shall
    repair it within 3 days after receipt of Party B’s notice. If Party A does not repair it timely, Party B could repair
    on its behalf and the fee shall be paid by Party A.


 


	 	2.	During
    the lease period, Party B shall reasonably use and protect the factory and its fixtures. For any damage or malfunction due
    to unsuitable or unreasonable usage, Party B shall be responsible for the repair. If Party B refuses to repair, Party A could
    repair on its behalf and the fee shall be paid by Party B.


 


	 	3.	During
    the lease period, Party A shall ensure the factory and its fixtures to be in the normally usable and safe status. If Party
    A conducts check or maintenance of the factory, it shall notify Party B three days in advance. Party B shall cooperate at
    the time of the check and maintenance. Party A shall reduce the implication on the usage of the factory by Party B.


 


	 	4.	If
    Party B needs to decorate or add fixtures and equipment, it shall get written approval of Party A in advance. If this action
    needs to be approved by relevant governmental agencies according to relevant regulations, it can only conduct this action
    after Party A applies and obtains the approval from relevant governmental agency.


 






     


     


    

 


	VI.	Factory
    Sublease and Return


 


	 	1.	During
    the lease period, if Party B subleases the factory, it shall get written approval of Party A in advance. If it subleases or
    transfers the factory without authorization, Party A will not return the rent and deposit.


 


	 	2.	At
    the end of the lease period, when the factory is returned, it should be in the status that it could be normally used.


 


	VII.	Other
    Arrangements during the Lease Period


 


	 	1.	During
    the lease period, Party A and Party B shall both comply with national laws and regulations, and shall not use the factory
    to conduct illegal activities.


 


	 	2.	During
    the lease period, Party A has the right to monitor and assist Party B to accomplish matters about fire control, security and
    hygiene.


 


	 	3.	During
    the lease period, if this agreement can’t be performed due to force majeure or municipal renewal and relocation, both
    parties do not bear responsibilities.


 


	 	4.	During
    the lease period, Party B can decorate according to its own operating characteristics, but principally it shall not break
    the original building structure. Party B shall pay for the decoration fee by itself. At the end of lease period, if Party
    B does not renew the lease, Party A does not pay for any compensation.


 


	 	5.	When
    the lease period ends, if Party A continues to lease the factory, Party B has the priority to rent. If Party A does not lease
    the factory, Party B shall move out timely, otherwise it shall be responsible for all the damages and results occurred.


 


	VIII.	Other
    Provisions


 


	 	1.	During
    the lease period, if Party A breaches this agreement by terminating it in advance, it shall compensate Party B for the damage
    of three months’ rent. During the lease period, if Party B breaches this agreement by terminating it in advance, it
    shall compensate Party A for the damage of three months’ rent.


 


	 	2.	During
    the lease period, for any loss incurred to Party B’s normal operation by the property ownership issue, Party A shall
    be responsible for all damages.


 


	 	3.	After
    this agreement is signed, if any party’s enterprise name is changed, it could be confirmed by seal and signatures of
    both parties. The original terms of the agreement keep the same and shall be performed until the end of the agreement.


 


	 	4.	When
    the electric power supply bureau charges electricity fee from Party A, it will charge contribution fee based on the planned
    usage and the actual fee of electricity used. Therefore, Party A will charge Party B in the same way.


 


	IX.	Any
    matter not mentioned herein shall be agreed by both parties according to the law.


 


	X.	This
    agreement has four originals. Party A and Party B each have two copies. This agreement is effective after seal and signatures.


  


Landlord
: /s/ Zhejiang Special Plastics Technology Co., Ltd.


 


January
2, 2017


 


Tenant:
/s/ Taizhou Fuling Plastics Co., Ltd.


 


January
2, 2017