Exhibit 10.3
                              (English Translation)
                            SHORT TERM LOAN AGREEMENT
                                                                             No.

Borrower:      Shenzhen  Digitainment  Co.,  Ltd.

Lender:        Shenzhen  Huaqiang  Holdings  Ltd  Financial  Clearing  Centre

In  accordance  with  the  relevant  laws  and  regulations of the State, and to
clearly  define  the  responsibilities,  both parties negotiated and unanimously
agreed  to  enter  into  this  agreement:

Clause  1.  Loan  Amount:  (Currency)  RMB
               (in  word)  Thirteen  Million
               (in  number)  13,000,000

Clause  2.  Purpose  of  the  loan
            For  projects  in Beijing Shijingshan, Chonqing Theme Park, Tianjian
FunPlex  and  working  capital.

Clause  3.  Term  of  the  loan:  From  August  19,  2005  to  August  19, 2006.

Clause  4.  Borrower  applies  the following source of funds, but not limited to
the  following  funds,  to  repay  the  interest  and  principal under this loan
agreement:

          1.   Internal  funds  and  funds  from  operations              .
               -----------------------------------------------------------
          2.                                                              .
               -----------------------------------------------------------
          3.                                                              .
               -----------------------------------------------------------

Clause  5.  Upon  expiry  of  this  agreement,  Borrower  should  repay the loan
principal and accrued interest in full. Failing to repay upon maturity, Borrower
agreed that Lender should collect and debit directly from the Borrower's account
maintained  at  the  Lender's  Financial  Clearing  Center.

Loan  Interest  and  Interest  Calculation

Clasue  6.  The  rate  of  interest  to  the  loan  under this Agreement will be
implemented  in  accordance  with  the  relevant  rules  of the State as follow:


<PAGE>
     1.   RMB  loan  will  be  charged  with  a monthly interest rate of 0.465%;
     2.   Foreign  currency  loan  will  be  charged:

During  the  term of this Loan Agreement, should there be any change in interest
rate  by  the State, the Financial Clearing Center will adjust the interest rate
pursuant to the State's interest rate policy. Lender will inform Borrower within
three  days  after  the  adjustment  of  the  interest  rate.

Clause  7.  Interest  on the loan under this Agreement will accrue starting from
the  date when Lender releases the loan money. Interest should accrue on a daily
basis  and  should  be repaid on a monthly basis. Loan principal and any accrued
interest  should  be  repaid  in  full  upon  maturity.

Clause  8.  With  the permission of Lender, Borrower may repay the loan prior to
its  maturity.  Interest  should be calculated on actual borrowing days applying
the  agreed  rate  of  interest.

Clause  9.  Borrower  should make sufficient deposit into its account before the
due  date  for repayment of interest, so that Lender may debit directly from the
Borrower's  account  maintained  with  the  Lender's  Financial Clearing Centre.

Undertakings  by  Both  Parties

Clause  10.  Borrower  undertakes:

     1.   To  utilize  the  loan  proceeds  as  agreed  in  this  Agreement.
     2.   Not  to  utilize  the loan proceeds in illegal activities and will not
          violate  any  foreign  exchange  rules  and  regulations  of the State
          regarding  any  foreign  currency  loan.
     3.   Prior  to  the  full  repayment  of  the  loan  principal  under  this
          Agreement,  if  Borrower  is  involved in any business disputes or any
          change  in  its  business  operations  or  any other material changes,
          Borrowers should inform Lender 30 days in advance and should guarantee
          the  full  repayment  of  principal  and  interest.
     4.   to  provide  the  information  on  a  timely basis as requested by the
          Lender  (including  balance  sheet,  statement of operations, all bank
          account  balances  and  deposits, etc.), and should cooperate with any
          investigation  or  fact finding processes conducted by the Lender with
          respect  to  the  loan  related  production,  operations and financial
          position.


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Clause  11.  Lender  undertakes:
     1.   to  release  the  agreed  loan  proceeds.
     2.   to  keep  confidential  the information regarding the Borrower's debt,
          financial,  production  and  operations  situations.

Change  to  Agreement

Clause  12.  If Borrower wishes to extend the term of this loan, Borrower should
make  the  application to the Lender 15 workings days prior to the expiry of the
Agreement,  in  order  to  obtain  a  written  agreement  from  the  Lender.

Clause  13. In case whereas the Borrower or Lender needs to change the terms and
conditions  of  this  Agreement,  each  party  should  notify the other party in
writing.  Any change should be negotiated and agreed by both parties unanimously
in  writing.

Breach  of  Agreement

Clause  14.  If Borrower defaults in repayment of principal and accrued interest
upon  maturity,  pursuant to the State's rules and regulations, Lender will levy
extra  penalty interest of 0.021% per day on overdue RMB loan or additional ___%
interest  on  overdue  foreign  currency  loan.

Clause  15.  If Borrower is in breach of Clause 9 of this Agreement and fails to
repay  interest due, Lender will levy the same interest on the overdue interest.

Clause  16.  If Borrower is in breach of Clause 10 of this Agreement, Lender can
cease  the  release of any outstanding loan money, and demands repayment in full
or partially of the loan granted to Borrower. Should there be any portion of the
loan  unpaid,  it shall be deemed in default. Lender has the right to levy extra
interest  on  overdue  loan  amount  in  accordance  with the Financial Clearing
Center's  rules.

Others

Clause 17. This Agreement is effective when executed by the legal representative
or  authorized  agent  of Borrower and the responsible person of the Lender, and
sealed  with  the  corporate  stamp  of  both  the  Borrower  an

Clause  18. This Loan Agreement will lapse automatically upon the full repayment
of  the  drawn  loan  principal,  accrued  interest and any other possible costs
associated  with  the  realization  of  the  debt.


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Clause  19.  Other  matters  agreed  by  both  parties:

     1.
         -----------------------------------------------------------
     2.
         -----------------------------------------------------------
     3.
         -----------------------------------------------------------

Clause  20.  Any  issue  not  covered  by  this  Agreement  should be settled in
accordance  with  the  relevant  laws,  rules  and  regulations  of  the  State.

Clause  21.  This  Agreement is signed in two copies. Borrower and Lender should
keep  one  copy  and  each  signed  copy  has  the  same  legality.

Clause  22.  Attachment  to  this  Agreement:

(1)  Loan  Application      2)  Loan  Approval     (3)  Loan  Receipt


//  Sealed                              //  Sealed
Borrower  (Company  Stamp)              Lender  (Company  Stamp)

/s/  Ming  Li                           /s/  Qun  Zou
----------------------------------      ----------------------------------
Legal  Representative  (signature)      Legal  Representative  (signature)
(or  Authorized  Agent)


Handled  by  (Signature)                         Handled  by  (Signature)


August  19,  2005