Exhibit
      10.1

    


    This
      Lease Contract (“Contract”) 

     

    Party
      A (“Lessor”): China Construction Bank Tianjin Tariff-free Zone Branch


     

    And

     

    Party
      B (“Lessee”): Tianjin Shisheng Investment Group Ltd.

    


    According
      to <Chinese Contract Law> and related regulations, the Lessor and Lessee
      made the following agreements upon friendly negotiation:

     

    Article
      1 Location,
      area, decoration and facilities

    
      	
              1.1

            	
              The
                Lessor rents real estate property located
                No.87
                Haibin Road, Tianjin Tariff-free Zone, China Construction Bank
                Building
                to
                Party B. 

            


    

    
      	 	 


      	
              1.2

            	
              Total
                area is 1521
                square meters,
                which including 1000
                square meters
                on
                second floor and 521
                square meters
                on
                first floor

            


      	 	 


    

    
      	
              1.3

            	
              The
                decoration and facilities conditions are as appendix of this contract
                and
                this appendix shall be used as the checking and accepting standard
                at the
                expiration.

            


    

    
      	 	 


      	
              1.4

            	
              The
                leasing period is 84
                months
                from March
                31, 2003 to April 1, 2010

            


      	 	 


    

    
      	
              1.5

            	
              The
                property will be used as Party B’s office
                only

            


    

    
      	 	 


      	
              1.6

            	
              Party
                A is entitled to withdraw the property at expiration and Party B
                shall
                give the property back to Party A

            


      	 	 


    

    
      	
              1.7

            	
              If
                Party B has the intension to extend the contract, it shall write
                to Party
                A one month prior to the expiration

            


    

    
      	 	 


      	
              1.8

            	
              The
                Lessee is entitled to the priority of renewal of the Contract when
                it
                expires

            


      	 	 


    

    
      	
              1.9

            	
              Annual
                rental is RMB 100,000 and the total value of this contract is RMB
                700,000

            


    

    
      	 	 


      	
              1.10

            	
              Party
                B shall pay the full contract amount at the execution.
                

            


    

     

    Article
      2 Fee
      and Tax during the leasing

     

    2.1 Fees
      shall be covered by Party A

     

    A.
      Party
      A shall pay property tax and land tax during the leasing period, if any fee
      claimed by government not listed here occurred, Party A shall cover.


     

    2.2 Fees
      shall be covered by Party B

     

    A. Party
      B
      shall pay to Party A RMB 20,000 hydro per quarter to Party A and Party A shall
      issue valid invoices

     

    B.
       Party
      B
      shall pay for air-conditioning fee and central heating fee base on the leasing
      area, Party B shall pay the fee monthly to Party A and Party A shall issue
      valid
      invoices.

     

    2.3 Party
      B
      shall pay its proper motion on time

     

    2.4 Party
      A
      shall not presume fee paid by Party B which not are listed in this contract
      

     

    Article
      3 Usage
      and Maintenance

     

    3.1 Party
      A
      ensures the safety usage of the property during the leasing, all the maintenance
      is Party A’s responsibility during the leasing except damaged by Party B.


     

    3.2 Maintenance
      or fixation shall be noticed to Party B 10 days in advance and Party B shall
      cooperate with Party A 

     

    3.3 If
      Party
      B send the maintenance requirements to Party A, Party A shall provide the
      service on time 

     

    3.4 Party
      A
      is not responsible for decoration part completed by Party B.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    3.5 Party
      B
      shall use the property properly, and the damages caused by improper usage is
      Party B’s responsibility. 

     

    3.6 If
      Party
      B needs to change the inside structure or decoration of the property, it shall
      require the approval by written, and the design plan, construction and
      decorating materials shall be approved by Party A in written before usage.
      At
      the expiration or the contract terminated due to Party B’s reason, Party A has
      the right to choose from the following:

     

    A. Decoration
      of the property belongs to Party A

     

    B. Require
      Party B to return the property to original

     

    C. Require
      Party B to cover the expenses occurred for pay for the recover
      expenses

     

    3.7 During
      the leasing period, Party A has right to transfer the title of the property,
      this contract keeps being valid for the new party and Party B after the title
      transfer

     

    3.8 Party
      B
      has right to sub-lease the property wholly or partially

     

    3.9 If
      Party
      A is to sell the property, it shall send written notice to Party B one month
      in
      advance and Party B is entitled to have the purchase priority

     

    Article
      4 Adjustment,
      dissolution and termination of contract

     

    4.1 Both
      parties can adjust or terminate this contract upon the negotiation and approval
      by the other party

     

    4.2 Party
      B
      can terminate the contract if Party A:

     

    A. Cannot
      provide the property for usage or the condition of the property cannot meet
      the
      agreed terms, which seriously affected the usage of the property by Party B
      

     

    B. Party
      A
      does not fulfill the maintenance responsibilities which seriously affected
      the
      usage of the property by Party B

     

    4.3 Party
      A
      can withdraw the property if Party B:

     

    A.
       Change
      the structure of the property without written approval by Party A

     

    B. Party
      B
      damages the property and doesn’t repair within the required period

     

    C. Change
      the usage of the property without written approval by Party A

     

    D. Use
      the
      property to store dangerous articles or pursue illegal activities

     

    E. Doesn’t
      pay occurred expenses for more than 3 months, which induce the losses on Party
      A

     

    4.4 If
      Party
      B has intension to extend the contract it shall give written notice to Party
      A 1
      month prior to the expiration. If Party A continuously lease the property after
      contract expiration, Party B has priority of the lease under same
      condition

     

    4.5 Contract
      will be automatically terminated at expiration

     

    4.6 Contract
      will be terminated under force majeure 

     

    Article
      5 Compensation
      

     

    5.1 Party
      A
      shall compensate 20% of total contract value to Party B if Party A cannot
      provide the property and Party A shall reimburse Party B the related
      losses

     

    5.2 If
      Party
      B performs the maintenance or repair of the property under emergency or due
      to
      Party A’s negligence, Party A shall reimburse Party B the occurred expenses and
      Party B shall provide to Party A invoices

     

    5.3 Party
      A
      shall reimburse Party B 20% of total contract value if it withdraw the property
      before expiration, and the compensation amount shall cover all the losses


     

    5.4 If
      the
      contract is not legally binding due to Party A’s ownership issue or the leasing
      the illegal, Party A shall reimburse Party B’s losses

     

    5.5 If
      Party
      B delays the rental payment, Party B shall reimburse Party A the daily rental
      amount per delayed day

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    5.6 At
      the
      expiration, Party B shall return the property to Party A, Party B shall pay
      daily rental for each day of delayed return of property and Party B is
      responsible for the losses caused 

     

    5.7 Both
      parties has no responsibilities to compensate each other under Force
      Majeure

     

    5.8 The
      losses caused by government’s reform or restructure order shall be excluded by
      both parties

     

    5.9 If
      the
      contract is terminated due to the reasons as hereinabove, the rental shall
      be
      calculated by the real usage 

     

    Article
      6
      Settlement of Disputes

     

    Both
      parties shall try to resolve any disputes based on friendly negotiations before
      appealing to local jurisdiction
      under where the real estate is governed. 

     

    Article
      7
      

     

    The
      contract is in quadruplicate
      with Lessor and Lessee holding two copies each.

    


    Party
      A (“Lessor”): China Construction Bank Tianjin Tariff-free Zone Branch


     

    (Legal
      Representative signature, Corporate Seal)

     

    Party
      B (“Lessee”): Tianjin Shisheng Investment Group Ltd.

     

    (Legal
      Representative signature, Corporate Seal)