Shengtai Power International, Inc. - Exhibit 10.16 - Prepared By TNT
Filings Inc.




  




Exhibit 10.16 


(English Translation) 


Technological Cooperation Agreement 


Where as: 

Shenzhen ShengTai Industrial Co., LTD (Hereinafter "the Company") 

And 

University of Electronic Science and Technology of China (Hereinafter "the
University") 

The Company and the University herein agree and sign as follow: 

With the rapid growth of the LCD TV market, the market of
power supply products for LCD TV is also boosting up, and Shenzhen ShengTai
Industrial Co., Ltd. is one of the pioneers which is engaging in research and
development of the power supply market for LCD TV. University of Electronic
Science and Technology of China is one of the most famous universities in China,
providing strong capability of scientific research and high quality talents,
which has made a series of outstanding achievements in the fields of multimedia
technology, HDTV Technology, Information Technology, and Optics Technology and
so on. The university may offer strong support in the areas of advanced
technologies with its own multimedia and HDTV technological laboratories. Under
the principle of advantage reinforcing, resource sharing, reciprocity and mutual
benefit, the Company and the University herein agree and sign as follow: 

1.     Main contents of cooperation 

a.     The
University should continuingly make the best effort to technology innovation,
study new technologies, develop new products in the domain of power supply for
LCD TV, and the new technology and products should be put into practice and
industrialized by the Company. 

b.     Unless especially
indicated, intellectual properties that are created during the cooperation will
be owned by both parties. Any party should not unilaterally generalize, transfer
and publish. 

c.     The University should
arrange experts and technicians to give lectures and carry out technological
intercommunion for the Company in accordance with the actual need. 

d.     The University should do
its endeavor to solve the technical problems for the Company during design,
research and manufacture activities. 



e.     The
University may recommend its excellent graduates to serve the Company, and under
the same qualifications, the Company should select candidates from the second
part with the first priority. 

f.     Any material technical
projects, which need additional capital investment, should be discussed and
decided in accordance by both parties. 

2.     Main terms and effectiveness 

a.     The
cooperation agreement will be lastingly effective. Both parties may terminate
this agreement by neighborly negotiation in case of one party need to end this
contract for any certain reasons. 

b.     This agreement has two
duplicates and will be effective after the signature of both parties. 

Shenzhen ShengTai Industrial Co., Ltd. 

By: ____________________________________ 

[Company Representative Signature] 

Title: ___________________________________ 

Address: Building 9, Xinhe New Industrial Park Fuyong Township, Bao An District
Shenzhen, 

China 518004 

Representative: Zou Derong 

Date: October 15th , 2004 

University of Electronic Science and Technology of China 

By: _________________________________ 

Address: No 4, Segment 2 Jianshe North Road, Chengdu City Sichuan Province,
China 610054 

Representative: Zhong Chaowei 

Date: October 15th , 2004