[English
      Translation]

    


    SALES
      & PURCHASE of CONCRETE CONTRACT

    


    The
      Buyer: CHINA
      RAILWAY CONSTRUCTION GROUP, 

      
      BEIJING SOUTH STATION BRANCH

    


    The
      Seller: BEIJING
      XIN AO CONCRETE CO., LTD.

    DATE:        
      ____________,
      _____year


    
      
         

      

      
         

        
          

        

      

      
         

      

    

    


    SALES
      & PURCHASE of CONCRETE CONTRACT

    


    The
      Buyer: CHINA
      RAILWAY CONSTRUCTION GROUP 

    BEIJING
      SOUTH STATION BRANCH

    


    The
      Seller: BEIJING
      XIN AO CONCRETE CO., LTD.

     

    This
      contract is prepared in accordance with "People's Republic of contract law"
      and
      the relevant laws and regulations, pursuant to the principles of equality and
      mutual benefit. This contract clarifies the rights and obligations of buyers
      and
      sellers, by mutual consensus.

    


    Term
      1 The
      Price of Concrete

    


    
      	
              Serial Number

            	 	
              Concrete Intensity Grade

            	 	
              Price (Yuan/m3)

            
	
              1

            	 	
              C10

            	 	
              209

            
	
              2

            	 	
              C15

            	 	
              224

            
	
              3

            	 	
              C20

            	 	
              239

            
	
              4

            	 	
              C25

            	 	
              254

            
	
              5

            	 	
              C30

            	 	
              268

            
	
              6

            	 	
              C35

            	 	
              283

            
	
              7

            	 	
              C35
                S8

            	 	
              298

            
	
              8

            	 	
              C35
                S10

            	 	
              298

            
	
              9

            	 	
              C35
                underwater

            	 	
              290

            
	
              10

            	 	
              C40
                S8

            	 	
              310

            
	
              11

            	 	
              C40
                S10

            	 	
              310

            
	
              12

            	 	
              C45

            	 	
              314

            
	
              13

            	 	
              C50

            	 	
              330

            
	
              14

            	 	
              C10
                Pisolite concrete

            	 	
              229

            
	
              15

            	 	
              C15
                Pisolite concrete

            	 	
              244

            
	
              16

            	 	
              C20
                Pisolite concrete

            	 	
              255

            
	
              17

            	 	
              C25
                Pisolite concrete

            	 	
              269

            
	
              18

            	 	
              Motor
                pump pumping

            	 	
              24

            
	
              19

            	 	
              Stationary
                pump pumping

            	 	
              15

            


    

    


    Above
      prices are fixed , if there need to add admixture or additional costs in winter
      construction, both parties will negotiate it accordingly. 

    


    Term
      2  The
      Contract Price and Payment Method

    Payment
      method and time: The accounts will be settled monthly by contract billing
      measurement methods. On this month, buyer will pay 80% of clear accounts caused
      on last month, after passing the acceptance check of the concrete structure
      of
      South Station, the buyer will pay the remaining 20%.


    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    


    Term
      3  Measure

    Project
      quantity refers to blue-prints quantity which deduct the volume of rebar (no
      wear down); If there are several construction teams from different company
      would
      cross-pouring concrete in a section of construction, project quantity will
      be
      reckoned in accordance with the following way: The section of the construction
      blue-prints quantity X the number of pump every supplier / total number of
      pump
      (blue-prints quantity refers to project quantity that deduct the volume of
      rebar
      without adding wear down).

    


    Term
      4  The
      Time and Place of Supply

    After
      having receipt of the buyer’s "Concrete Supply notice" (see Appendix I), the
      seller should deliver the concrete to the designated locations according to
      the
      buyer’s specific time. Annex I is a component of this contract.

    


    Term
      5  Inspection
      and Acceptance

    The
      method of Inspection: Completed inspection.

    The
      time
      of Inspection: Goods delivered on site.

    The
      designated inspector buyer: By
      the
      common acceptance of The Land and Building Division and the Department of Safety
      and Quality.
      The
      designated inspector of the seller:_____________________________.

    


    Term
      6  The
      Obligations of Both Sides

    6.1
      The
      Buyer’s Obligations

    6.1.1
      According to the contract, the buyer will pay seller for the supply of
      ready-mixed concrete.

    6.1.2
      Complete the preparations before the supply of ready-mixed
      concrete.

    6.1.3
      For
      big volume of concrete pouring, the seller should inform the buyer about
      location, time, grade, quantity and the specific technical requirements of
      the
      concrete 4 hours before in written. 

    6.1.4
      The
      buyer should be responsible for inspection work about quality, and provides
      the
      conservation for the concrete which has been poured.

     

    6.2
      The
      Seller's Obligations

    6.2.1
      Supply concrete according to the buyer’s standards about quality and
      quantity.

    6.2.2
      Supply concrete according to the buyer’s given time.

    6.2.3
      Provide proof of concrete such as material’s quality certification, open
      identification and experiment (or test) report, certification and retest
      report.

    6.2.4
      Assign the test staff to the scene to control collapse, workability, mobility,
      and pouring only after each target qualified.

    6.2
      .5
      Before each batch of supply, provide test reports about concrete mix, cement,
      gravel, yellow sand, admixture, factory quality certificates, and other relevant
      technical information available, make three copies for each report which printed
      out by laser printer. 


    
      
         

      

      
        3

        
          

        

      

      
         

      

    


    6.2.6
      In
      the course of ready-mixed concrete supplying, due to special circumstances
      that
      make seller could not continue to deliver normaly, the seller should inform
      the
      buyer in written within 1 day from the day that the situation
      happened.

    6.2.7
      Should ensure that vehicles entering and leaving the construction site will
      not
      cause pollution, vehicles and personnel should be subject to the buyer’s
      management, and conscientiously abide construction site safety civilization
      construction management requirement issued by the South Station.

    


    Term
      7  Breach
      of Contract Responsibility

    7.1
      Breach of Contract Responsibility of the Buyer

    7.1.1
      Due
      to a lack of preparation, the buyer makes transportation vehicle keep waiting
      over 1 hour, cause the concrete scrapped, the buyer should pay the actual
      compensation to the seller. 

    


    7.2
      Breach of Contract Responsibility of the Seller

    7.2
      .1
      Because could not supply the quality and quantity of concrete upon required
      by
      buyer, the seller therefore will compensate for the losses to the buyer: If
      the
      seller still can not reach the standard defined in the contractual agreement
      within a specified period, the buyer has the right to terminate this contract,
      and will deduct the unpaid amount of remaining of the project according to
      the
      contract.

    7.2.2
      Did
      not supply concrete according to the buyer’s given time, the seller should pay
      compensation to the buyer; after reminding within 1 day, still could not supply
      on time.

    7.2.3
      Did
      not provide all documents, the seller should pay the buyer with compensation
      of
      5% of the total of supply which could not be provided with
      documents.

    7.2.4
      Did
      not supply the concrete required by buyer, and not contractual notify the buyer,
      therefore bear the losses caused to the buyer, the buyer has the right to
      terminate this contract and will deduct the unpaid amount of remaining of the
      project according to the contract.

    7.2.5
      If
      construction structure is failure which is caused by concrete quality problem,
      seller will responsible for the buyer all the costs by re-doing, if such problem
      result in the delay of the project, the seller will pay buyer RMB 100,000 Yuan
      as compensation for the delay.

    


    Term
      8  Disputes

    8.1
      In
      the event of a dispute during the performance of the contract , the two sides
      should resolve disputes through consultation;

    


    8.2
      Following below the second (2) method if the consultation can not solve the
      disputes:


    
      
         

      

      
        4

        
          

        

      

      
         

      

    


    (1)
      to
      apply arbitration to____ Arbitration Committee;

    (2)
      to
      prosecute to the Yanqing
      People's
      Court.

     

    Term
      9 Force
      Majeure

    9.1
      The
      scope of force majeure, including: a result of war, turmoil, no air flight
      that
      crashed or other non-seller and non-buyer bought the responsibility of the
      explosions, fires and other natural disasters.

     

    9.2
      One
      party as a result of force majeure unable to perform the contract, will not
      assume responsibility for breach of contract, but should promptly notify the
      other party.

    


    9.3
      After
      one party delay to perform the contract, the occurrence of force majeure will
      not be an excuse for waiving the party’ responsibility for breaching of the
      contract.

    


    Term
      10  A
      contract, will be entered into between the buyer and seller about about goods
      and technical requirements, which is with both signature and stamp, will has
      the
      same effectiveness with the current contract. 

    


    Term
      11 The signing location of this contract: Project
      site of Beijing South Railway Station

    


    Term
      12  After
      sealing and signing this contract is to be effective.

    


    Term
      13  This
      contract has 7 copies, the seller has 2 copies and the buyer has 5
      copies.

    


    Term
      14  The
      outstanding issues of this contract will be further discussed by the two sides.
      

    


    
      	
              The
                Buyer(common seal):

            	
              The
                seller(common seal):

            
	
              Principal:

            	
              Principal:

            
	
              Agent
                principal:

            	
              Agent
                principal:

            
	
              Phone
                NO.:

            	
              Phone
                NO.:

            
	
              Bank:

            	
              Bank:

            
	
              Account:

            	
              Account:

            
	
              Post
                NO.:

            	
              Post
                NO.:

            
	
              Date:

            	
              Date:

            


    


    
      
         

      

      
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