Exhibit
      10.13

    


    Loan
      Agreement

    Agreement
      #32101200800013640

    


    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 and Two Hundred Thousand (RMB
      5,200,000)

    4.
      Maturity:

    (1)
      Refer
      to the chart below:

    
      	
              Launch

            	
              Maturity

            
	
              Year

            	
              Month

            	
              Day

            	
              Amount

            	
              Year
                

            	
              Month

            	
              Day

            	
              Amount

            
	
              2008

            	
              4
                

            	
              16

            	
              Five
                Million and Two Hundred Thousand 

            	
              2009

            	
              4

            	
              15

            	
              Five
                Million and Two Hundred Thousand 

            


    

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

    (2)
      Any
      inconsistence with regard to the 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:

    (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 may not 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 guarantee 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, reforming application, bankruptcy application 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 the second method:

    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 one point fifty
      percent (1.50%). 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 one hundred percent
      (100%). 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
      accrued interest includes the unpaid accrued interest during the period of
      the
      facility (including the punitive interest against the purpose )and the unpaid
      accrued interest occurs after the deferral of repayment (including the punitive
      interest for deferral and against the purpose). To the punitive interest for
      the
      unpaid accrued 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 accrued 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 shall each hold one original copy, which shall have
      same legal effects.

    


    Article
      12 Acknowledge

    The
      Lender has urged the Borrower to thoroughly and accurately understand each
      clause set forth in the agreement, and has explain each clause to the Borrower.
      Both parties have reach 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)

    


    Date:
      April 16, 2008

    


    Appendix:

    Borrowing
      Certificate 

    The
      Borrower: Danyang Lihua Electron Co., Ltd 

    Type:
      General liquid capital 

    Purpose:
      Purchase of Copper
      Clad Aluminum

    Loan
      Agreement No. 32101200800013640 

    Guarantee
      Agreement No. 32905200700002755 and 32110313901200806

    Launch
      Date: 2008/4/16

    Maturity
      Date: 2009/4/15

    Deposit
      Account No. 10322901040004897

    Amount:
      RMB Five Million and Two Hundred Thousand (RMB 5,200,000)

    Interest
      Rate: 9.711%