Exhibit
      10.15

    


    Loan
      Agreement

    Agreement
      #32101200800028480

    


    The
      Borrower: Danyang Lihua Electron Co., Ltd 

    The
      Lender: Agricultural Bank of China Danyang City Branch 

    


    Pursuant
      to the relevant laws and regulations, after negotiating, the parties hereby
      agree as follows:

    Article
      1
      Facility

    1.
      Type:
      General liquid capital 

    2.
      Purpose: Purchase of Copper
      Clad Aluminum

    3.
      Currency and Amount: RMB Five Million (RMB 5,000,000)

    4.
      Maturity:

    (1)
      Refer
      to the chart below:

    
      	
              Launch

            	
              Maturity

            
	
              Year

            	
              Month

            	
              Day

            	
              Amount

            	
              Year
                

            	
              Month

            	
              Day

            	
              Amount

            
	
              2008

            	
              8
                

            	
              22

            	
              Five
                Million

            	
              2009

            	
              8

            	
              21

            	
              Five
                Million 

            


    

    (The
      appendix for more items could not shown herein shall constitute a part of this
      agreement.)

    
      	(2)	
              Any
                inconsistence with regard to the borrowing amount, launch date and
                maturity date between hereunder and the borrowing certificate, the
                borrowing certificate shall control. The borrowing certificate shall
                constitute a part of the agreement and shall have same legal
                effects.

            


    

    
      	(3)	
              If
                the facility hereunder is a foreign exchange loan, the Borrower shall
                repay the principal and the accrued interest in the original
                currency.

            


    

    
      	5.	
              Interest
                Rate

            


    

    The
      RMB
      borrowing interest rate shall be in accordance with the first method specified
      below:

    
      	(1)	
              Floating
                Rate

            


    

    The
      borrowing interest rate is the benchmark interest rate to upwardly float thirty
      percent (30%), exercised yearly interest rate is nine point seven hundred eleven
      percent (9.711%). For the borrowing term is five and less than five years,
      the
      benchmark interest rate is the RMB borrowing benchmark interest rate on the
      same
      term announced by the People’s Bank of China (hereinafter the “PBC”); the
      benchmark interest rate for the borrowing term is five or more than five year
      is
      the RMB borrowing benchmark interest rate on the same term announced by the
      PBC.

    The
      adjustment period for the interest rate is one month. If the PBC adjusts RMB
      borrowing benchmark interest rate, starting form the matching borrowing date
      in
      the first month of the next adjustment period, the Lender will adjust the
      borrowing interest rate accordingly and re-calculate a new exercised interest
      rate, and shall not need to notify the Borrower the adjustment. If the
      adjustment date for benchmark interest rate and the launch date or the matching
      borrowing date in the first month are the same day, starting from the adjustment
      date of the benchmark interest rate to re-calculate the exercised interest
      rate;
      in the case no matching borrowing date, the last day of the aforesaid month
      is
      deemed to be the matching borrowing date.


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    
      	(2)	
              Fixed
                Rate (N/A)

            


    

    The
      borrowing interest rate is the benchmark interest rate to (upwardly/ downwardly)
      float _______percent
      (%), exercised yearly interest rate is _______percent
      (%). For the borrowing term is five and less than five years, the benchmark
      interest rate is the RMB borrowing benchmark interest rate on the same term
      announced by the PBC; for the borrowing term is five or more than five year,
      the
      benchmark interest rate is the RMB borrowing benchmark interest rate on the
      same
      term announced by the PBC plus __percent.

    The
      interest rate for the foreign exchange loan is calculated by the
      _______method
      below:

    
      	
            	(1)	
              Interest
                margin of _______month_______LIBOR/HIBOR+_______%
                on the monthly floating basis. LIBOR/HIBOR is the London Interbank
                Offer
                Rate/ Hong Kong Interbank Offer Rate on the date of two business
                days
                before the interest calculation date announced by the Reuters
                

            


    

    
      	
            	(2)	
              Exercised
                yearly interest rate is_______%
                till maturity of the facility.

            


    

    
      	
            	(3)	
              Other
                methods_______.

            


    

    
      	6.	
              Settlement
                of the Interest

            


    

    The
      facility hereunder is settled on the monthly basis. The interest settlement
      date
      is the 20th
      day of
      each month. The Borrower shall pay the interest on every interest settlement
      date. If the last repayment date for the principal is not on the interest
      settlement date, the unpaid interest shall be repaid together with the principal
      (the daily interest equals to the monthly interest/30)

    


    Article
      2


    In
      the
      case the following conditions are not fulfilled, the Lender is entitled not
      to
      provide the facility hereunder:

    
      	1.	
              The
                Borrower shall open the general account at the
                Lender.

            


    

    
      	2.	
              The
                Borrower shall provide the relevant documents and information as
                the
                Lender requests and complete the relevant
                procedures.

            


    

    
      	3.	
              In
                the event the facility hereunder is a foreign exchange loan, the
                Borrower
                shall complete the relevant permissions, registrations and other
                procedures as required in accordance with laws and
                regulations.

            


    

    
      	4.	
              If
                the facility hereunder is secured by pledged collaterals or mortgages,
                the
                relevant legal procedures including but not limited to registrations
                and/
                or insurances have been completed as the Lender requests. The aforesaid
                secured interests and insurances shall be continuously valid and
                effective. In the event the facility is guaranteed by the guarantors,
                the
                guarantee agreements shall be signed and become
                effective.

            


    

     

    Article
      3
      The Lender’s Rights and Obligations

    
      	1.	
              The
                Lender is entitled to inquire the Borrower’s production, financial
                condition, inventory and the application of the facility funds; the
                Lender
                may request the borrower periodically to provide the materials such
                as
                related financial and accounting
                reports.

            


    

    
      	2.	
              In
                the event Item 7, 8,and 10 of the Article 4 occur or the Borrower
                engages
                in other actions or conditions adversely affect the repayment of
                the
                facility, the Lender may withhold funding, call the facility, or
                terminate
                the agreement.

            


    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    
      	3.	
              In
                the event the Lender calls the facility pursuant to the clause of
                the
                agreement or requests the Borrower to prepay the principal, the accrued
                interest, the punitive interest, the compound interest and other
                expenses,
                the Lender may directly withdraw the aforesaid payments from the
                Borrower’s account.

            


    

    
      	4.	
              In
                the event the Borrower’s payment is inadequate to repay the amount owed
                under the agreement, the Lender may decide any of the principal,
                the
                accrued interest, the punitive interest, the compound interest and
                other
                expenses shall be repaid first.

            


    

    
      	5.	
              In
                the event the Borrower breaches its repayment obligations under the
                agreement, the Lender may disclose the breach to the public.
                

            


    

    
      	6.	
              The
                lender shall launch the full amount of the facility to the Borrower
                on
                schedule in accordance with the
                agreement.

            


    

    


    Article
      4
      The Borrower’s Rights and Obligations

    
      	1.	
              The
                Borrower is entitled to draw down the facility and use the facility
                funds
                in accordance with the agreement.

            


    

    
      	2.	
              The
                Borrower shall conduct the settlement and deposit related to the
                facility
                hereunder through the account set forth in the Article
                2.

            


    

    
      	3.	
              In
                the event the facility hereunder is a foreign exchange loan, the
                Borrower
                shall complete the relevant permissions, registrations and other
                procedures as required in accordance with laws and
                regulations.

            


    

    
      	4.	
              The
                Borrower shall repay the principal and the accrued interest in accordance
                with the agreement. In the case the Borrower needs to roll over the
                facility, it shall submit a written application within fifteen days
                before
                the maturity of the facility; after the Lender consents, the rollover
                agreement shall be signed by and between the
                parties.

            


    

    
      	5.	
              The
                Borrower shall use the facility funds in compliance with the purpose
                hereunder, and shall not appropriate or misappropriate the facility
                funds.

            


    

    
      	6.	
              The
                Borrower shall provide the authentic, integrated and valid financial
                report or other relevant information on monthly basis, and actively
                cooperate with the Lender’s inspection with regard to its production,
                business operation, financial condition and its compliance with the
                purpose hereunder 

            


    

    
      	7.	
              In
                the event the Borrower carries out outsource, lease, conversion to
                share-holding system, co-operating business, merger, acquisition,
                split,
                joint venture, asset transfer, filing for reformation, filing for
                bankruptcy or other actions could change the debtor and creditor
                relationship or affect the Lender’s rights and interests hereunder, it
                should send the written notice to the Lender before carrying out
                the
                aforesaid actions. Without the Lender’s consent and perform the repayment
                obligations or prepay the unpaid loans, the Borrower shall not carry
                out
                the aforementioned actions.

            


    

    
      	8.	
              In
                the event the Borrower engages in any other actions not specified
                in
                Article 4.7 and have material adverse effects to its repayment obligations
                hereunder, for example, the Borrower ceases productions, suspends
                business, deregisters,
                is
                revoked business license; or the legal representatives or the major
                responsible persons engage in illegal activities, involve in major
                lawsuits or arbitrations; its productions and business operations
                encounter severe difficulties; or the financial conditions worsen,
                the
                Borrower shall send written notice to the Lender immediately, and
                provide
                the acceptable collaterals to secure the
                facility.

            


    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    
      	9.	
              In
                the event the Borrower provides guarantees to the third parties,
                or
                provides its material assets to the third parties as collaterals,
                and may
                affect its repayment abilities, the Borrower shall send the prior
                written
                notice to the Lender and request its
                consent.

            


    

    
      	10.	
              The
                Borrower and its investors shall not withdraw funds, transfer assets
                or
                assign shares to avoid its obligations to the
                Lender.

            


    

    
      	11.	
              The
                Borrower shall immediately send the written notice to the Lender
                in the
                event of change in its name, legal representatives, business address,
                business scope, and other business registration
                items.

            


    

    
      	12.	
              In
                the event the guarantor hereunder ceases productions, suspends business,
                deregisters
                , is
                revoked business license, bankrupts and has loss in business; partially
                or
                totally incapable to provide guarantee for the facility hereunder,
                or the
                values of pledged or mortgaged collaterals or secured interests are
                impaired, the Borrower shall immediately provide other acceptable
                collaterals or secured interests to the
                Lender.

            


    

    
      	13.	
              The
                Borrower shall assume all relevant expenses, including but not limited
                to
                legal service, insurance, transportation, appraisal, registration
                and
                notary fees.

            


    

    


    Article
      5
      Prepayment

    The
      Borrower shall obtain the Lender’s prior consent to prepay the loan. In the
      event the Lender agrees the Borrower to prepay the loan, the prepayment interest
      shall be calculated by 2 methods
      below:

    
      	1.	
              By
                the agreed borrowing term and exercised borrowing interest set forth
                in
                the agreement.

            


    

    
      	2.	
              By
                the actual borrowing term and the agreed exercised borrowing interest
                upwardly floating zero percent
                (0%).

            


    

    


    Article
      6
      Breach

    
      	1.	
              In
                the event the Lender is not in compliance with the agreement to launch
                the
                facility in the agreed amount and the schedule and cause the Borrower’s
                loss, the Lender shall pay the penalty calculated by the default
                amount
                and the deferral days. The calculation of the penalty is the same
                calculation method as the deferral repayment interest in the same
                term.

            


    

    
      	2.	
              In
                the event the Borrower is not in compliance with the agreement to
                repay
                the principal, the Borrower shall pay the Lender the punitive interest
                from the deferral date to the repayment date on the interest rate
                calculated on the basis that the agreed exercised interest rate upwardly
                floating fifty percent (50%). During the period of deferral, if the
                facility currency is RMB and the PBC upwardly adjusts its benchmark
                interest rate, the punitive interest rate shall be adjusted accordingly
                from the adjustment date.

            


    

    
      	3.	
              In
                the event the Borrower is not in compliance with the purpose hereunder,
                the Borrower shall pay the Lender the punitive interest against the
                breach
                amount from the breach date to the repayment date on the interest
                rate
                calculated on the basis that the agreed exercised interest rate upwardly
                floating three hundred percent (300%). During the period, if the
                facility
                currency is RMB and the PBC upwardly adjusts its benchmark interest
                rate,
                the punitive interest rate shall be adjusted accordingly from the
                adjustment date.

            


    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    
      	4.	
              To
                the unpaid accrued interest, in accordance with the relevant regulations
                of PBC, the Lender may calculated the punitive interest as the compound
                interest. The unpaid interest includes the unpaid interest during
                the
                period of the facility (including the punitive interest against the
                purpose )and the unpaid interest occurs after the deferral of repayment
                (including the punitive interest for deferral and for misappropriation).
                To the punitive interest for the unpaid interest occurs during the
                period
                of the facility, the compound interest rate shall be calculated by
                the
                agreed exercised interest rate hereunder; after the maturity of the
                facility, the compound interest rate shall be calculated by the deferral
                interest rate; the unpaid interest for deferral repayment shall be
                calculated by the deferral interest
                rate.

            


    

    
      	5	
              In
                the event the Borrower is not in compliance with the obligations
                hereunder, the Lender is entitled to request the Borrower to amend
                the
                breach, to cease the launch of the facility, to request the Borrower
                to
                prepay the launched borrowings, to declare the other facilities under
                other agreements by and between the Borrower and the Lender are matured
                or
                to adopt other actions to secure the Lender’s
                assets.

            


    

    
      	6.	
              In
                the event any guarantor under the agreement is not in compliance
                with the
                guarantee agreement, the Lender is entitled to request the Borrower
                to
                amend the breach, to cease the launch of the facility, to request
                the
                Borrower to prepay the launched borrowings or to adopt other actions
                to
                secure the Lender’s assets.

            


    

    
      	7.	
              In
                the event the Lender files law suits or arbitrations to fulfill its
                interests hereunder, the Borrower shall assume the legal, travel
                and other
                related expenses the Lender may
                occur.

            


    

    


    Article
      7
      Guarantee

    The
      guarantee for this agreement is the maximum guarantee. The guarantee agreement
      shall be signed separately. The guarantee agreement number is
      32905200700002755.

    


    Article
      8
      Dispute Resolution

    Any
      dispute arising out of or related to this Agreement may be negotiated by the
      parties, or be solved by the following method  1
      :

    
      	1.	
              Submitted
                to and tried by the court, in which the Lender
                resides.

            


    

    
      	2.	
              Solved
                via Arbitration

            


    

    During
      the period of conducting law suits or arbitrations, the clauses not under
      disputes are still valid, effective and binding to the parties.

    


    Article
      9
      Other Covenants

    
      1.The
        Lender’s rights and interests hereunder shall be secured together by the maximum
        guarantee agreement No. 32905200700002755 and
        32110313901200806.

    

    


    Article
      10 Effectiveness of the agreement

    The
      agreement becomes effective on the date the parties sign or seal the
      agreement.

    


    Article
      11 

    This
      agreement is to be written up in three original copies with the Borrower, the
      Lender and the Guarantor. The three parties shall each hold one original copy,
      which shall have same legal effects.


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    Article
      12 Notice

    The
      Lender has urged the Borrower to thoroughly and accurately understand each
      clause set forth in the agreement, and has explained each clause to the
      Borrower. Both parties have reached consensus to the agreement.

    


    The
      Borrower: Danyang Lihua Electron Co., Ltd 

    Legal
      Representative (or authorized person)

    


    The
      Lender: Agricultural Bank of China Danyang City Branch 

    Legal
      Representative (or authorized person)