Contracts of Purchases and Sales of
Products

    Party
A:
Tianjin
Daxing Import &
Export Trade
Co.,
Ltd.

    Party B:
Tianjin
Joway Textile Co.,
Ltd.

    1.
Product
Names, Specifications, Quantity, Amount:

    Date
of Signing the
Contract:

    October 9,
2008

     

    
      
        
          	
                  Product

                  Name

                	 
      	
                  Color

                	 
      	
                  Fabric

                  Requirement

                	 
      	
                  Specification

                	 
      	
                  Unit Price  

                  ( Yuan/Piece)

                	 
      	
                  Quantity

                  ( Piece)

                	 
      	
                  Amount(Yuan)

                	 
      	
                  Including

                  Tax

                
	
                  Sock

                	 
      	 
      	 
      	
                  Cotton

                	 
      	
                  male
/female

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Underwear

                	 
      	 
      	 
      	
                  Cotton plus Spandex

                	 
      	
                  male
/female

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Underclothes

                	 
      	 
      	 
      	
                  Cotton

                	 
      	
                  male /
emale

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Bra

                	 
      	 
      	 
      	
                  Spandex plus Polyamide

                	 
      	
                  All Sizes

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Kneepad

                	 
      	 
      	 
      	
                  Polyamide

                	 
      	
                  L/XL/XXL

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Decorative
      Cloth

                	 
      	 
      	 
      	
                  Synthetic
    Fiber

                	 
      	
                  1.95m/w

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                   Hat

                	 
      	 
      	 
      	
                  Cotton

                	 
      	
                  red/m

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Shampoo

                	 
      	 
      	 
      	
                  Bottle

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Shower gel

                	 
      	 
      	 
      	
                  Bottle

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Soap

                	 
      	 
      	 
      	
                  Bar

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Tie

                	 
      	 
      	 
      	
                  Box

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Soften Cotton

                	 
      	 
      	 
      	
                  kg

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Pillowcase
      Cloth

                	 
      	 
      	 
      	
                  m

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Knitted
    Fabrics

                	 
      	 
      	 
      	
                  kg

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Knitting

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Amount
      (Capital)

                	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      


        

      

    

    


    Note: Party B entrusts Party A with commodity
purchases. Due to price changing with the market, the current settlement
price is determined via
bilateral negotiation, which is the delivered price including VAT. The number shall be allowed within the range of plus-minus 10%, and the volume above 10% shall not
be settled within the current period.



    
      
         


      

      
         


        
          

        

      

      
         


      

    

     

    2. Product
Quality Standards and
Acceptance Methods:

    (i)Reactive dyes are needed for fabric dyeing and
finishing processes to meet
the national environmental requirements in accordance with GB-18401-2003-B,
color fastness up to 4th level or above with appearance quality
unaffected due to fading in finishing treatments of
the purchaser. Color difference on
fabrics can not exceed the visual standard, finished products referred by the standards
of retained sample. The products with great
disparity shall be
treated as nonconformity.

    (ii)
Fabrics shall be without
any damage, spinning or skipped stitches;

    (iii)
Workmanship Requirements: Delicate, fine and close stitches, perfect design, no
out-pin or short-thread; binding edge width of 2.5cm, uniform smooth and natural
sewing.

    3. Delivery Date: The supplier
shall deliver goods
30-45 days after signing the
contract with partial delivery permitted during the
period, but the completion
date can not exceed the
time agreed in the contract. If the
supplier fails to deliver the goods within the stipulated
time, he needs to inform the purchaser in advance. With the approval of both
sides, the delivery date can be adjusted; the purchaser can notice the supplier
to adjust shipping time in
case that there is excessive
inventory in the purchaser.

    4.
Means of
Transportation and Freight: The supplier is responsible for

    safety of
packages, and processing such as waterproof, moisture-proof, anti-fouling during
transport. The supplier shall choose safe and efficient transportation and pay
for long-distance shipping
freight.

    5. Payment
Settlement Methods: Both parties shall check accounts monthly. The purchaser shall make acceptance check on
all
commodities in accordance
with the acceptance criteria provided to the supplier and return unqualified
goods to the
supplier without paying
shipping fee for returning
with the number
of qualified products as payment
basis. The supplier shall issue value-added
invoice and the purchaser pay upon invoice

    6. Responsibility of Each Party:
Both parties shall abide by
all clauses agreed in the
contract and safeguard bilateral rights and interests. The supplier shall not
produce goods with
the logo of the purchaser
without the permission of the latter. Once found,
the purchaser shall be
entitled to terminate the contract and ask for the
supplier to assume the
economic losses, and reserve the right of action against the supplier. The
purchaser is entitled
to unilaterally terminate the contract and ask for the supplier to bear the
actual loss he supplier
has brought about if
frequent
extension of the contract causes a
fundamental breach. The supplier should exchange or return any
commodity with quality problem confirmed such as non-normal fading, fabric
pilling, fabric damage, etc., when consumers use it and compensate the loss of consumers.

    


    7. Methods of
Contract Default and Dispute Resolution: The both parties shall be exempt from financial responsibilities
by mutual consultation
for economic
losses due to force majeure. Any disputes of the both parties
arising from in
economic contacts that
cannot be resolved after negotiation on the
principle of amicable negotiation and mutual benefits shall be submitted to the court
at the
purchaser’s side for settlement through
litigation。


    
      
         


      

      
         


        
          

        

      

      
         


      

    


    8. This contract is executed in duplicate, one
for each, and shall enter into force
after being signed and
sealed by both parties, the
fax version is also valid. This contract shall take effect as of
October 9, 2008 and shall
expire on October 8, 2009.

    


    Party
A

    Unit Name: Tianjin
Daxing Import & Export Trade Co., Ltd.

     

    Address:  No.8 Huatiandao Road,Tianjin

    Legal Representative:Sun Wenxue

    Stamped: Tianjin
Daxing Import & Export Trade Co., Ltd.

     

    Tel : (022)2322-8032

     

    Fax: (022)2322-8031

     


    Party
B

    Unit Name: Tianjin
Joway Textile Co.,
Ltd.

    Address: No.2
Baowang Road, Tianbao Industrial Park, Baodi Economic Development Zone,
Tianjin

     

    Legal Representative:Feng Yanli

     

    Stamped: Tianjin Joway
Textile Co., Ltd.

     

    Tel: (022)2253-1918

     

    Fax: (022)2253-3666