Loan
Agreement

     

    Party A
(Creditor): SJ Asia Pacific Limited

    Address:
Trident Chambers, P.O. Box 146, Road Town Tortola, British Virgin
Islands

    Party B
(Borrower): China Liandi Clean Technology Engineering Limited f/k/a Lian Di
Petrochemical Technology Limited

    Address:
P. O. Box 957, offshore Incorporations Centre, Road Town, Tortola, British
Virgin Islands.

    


    Party A is a wholly owned subsidiary of
SJ Holdings Inc, Party B is an affiliate company of SJ Holdings Inc. Party B
submitted an application to alter contract to Party A and the application has
been reviewed by the parent company of Party A. Party A agrees to extend the USD
2 million loan which was originally scheduled to be repaid on May 3, 2009. The
alteration of the contract is specified below.

    


    Article
1: Loan amount: Party B applies to Party A to extend the loan of USD
2million.

    Article
2: Term of the loan: Original term is from March 6, 2009 to March 31, 2010. The
new term is from April 1, 2010 to June 30, 2010. Further extension shall be
confirmed by writing.

    Article
3: Loan interest: The annual interest is 5%.

    Article
4: Usage of the loan: Party B guarantees that the loan will only be used on
internal business operation of the group company.

    Article
5: Repayment: Party B shall repay principle with interest at the loan expiry
date. If Party B fails to repay on time, it agrees to pay a penalty of 1% except
that it has gained extension from Party A.

    Article
6: Party B shall update Party A on the usage of the loan.

    Article
7: There are two copies of the loan agreement, each party holds one
copy.

    


    The
agreement is entered into on March 31, 2010

    


    Party A:
SJ Asia Pacific Limited for and on behalf of SJ Asia Pacific
Limited

    Authorized
Signature:

    Party B:
China Liandi Clean Technology Engineering Limited

    Authorized
Signature:

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Loan
Agreement

     

    Party A
(Creditor): SJ Asia Pacific Limited

    Address:
Trident Chambers, P.O. Box 146, Road Town Tortola, British Virgin
Islands

    Party B
(Borrower): Lian Di Petrochemical Technology Limited

    Address:
P. O. Box 957, offshore Incorporations Centre, Road Town, Tortola, British
Virgin Islands.

    


    Party A is a wholly owned subsidiary of
SJ Holdings Inc, Party B is an affiliate company of SJ Holdings Inc. Party B
submitted an application to Party A and the application has been reviewed by the
parent company of Party A. Party A agrees to help Party B solve the problem of
internal operation capital. Party A and Party B agree to enter the agreement as
follows:

    


    Article
1: Loan amount: ¥ 759,760,000

    Article
2: Term of the loan: The term is from June 2, 2009 to December 31, 2009. Further
extension shall be confirmed by writing.

    Article
3: Loan interest: The annual interest is 5%.

    Article
4: Usage of the loan: Party B guarantees that the loan will only be used on
internal business operation of the group company.

    Article
5: Repayment: Party B shall repay principle with interest at the loan expiry
date. If Party B fails to repay on time, it agrees to pay a penalty of 1% except
that it has gained extension from Party A.

    Article
6: Party B shall update Party A on the usage of the loan.

    Article
7: There are two copies of the loan agreement, each party holds one
copy.

    


    The
agreement is entered into on June 1, 2009

    


    Party A:
SJ Asia Pacific Limited

    Authorized
Signature:

    Party B:
Lian Di Petrochemical Technology Limited

    Authorized
Signature:

    


    


    


    


    


    


    


    


    


    


    


    


    


    


    


    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Loan
Memorandum

     

    Party A:
SJ Asia Pacific Limited

    Address:
Trident chambers, P. O. Box 146, Road Town Tortola, British Virgin
Islands

    Party B:
China Liandi Clean Technology Engineering Limited f/k/a Lian Di Petrochemical
Technology Limited

    Party C:
Beijing Baolixintong Technology Co., Ltd.

    Address:
A 710 Digital Building, 2 South Street, Zhongguancun, Haidian District,
Beijing

    


    Whereas,

    1. Party
A, Party B and Party C are all affiliates of their public parent company SJI INC
group. To meet the capital requirement of Party B’s subsidiary and Party C,
Party A and Party B entered into a loan agreement on June 1, 2009 in which Party
A agrees to provide a loan of ¥ 759,760,000.

    2. Party
A, Party B and Party C has singed a loan memorandum on June 5, 2009, the
memorandum specified that the loan amount includes an amount of ¥ 295,613,000
which is needed by Party C, Party B shall make the loan to Party C.

    3. Party
B and Party C have entered into a loan agreement on June 1, 2009 to confirm the
aforesaid 1 and 2.

    


    To
clarify the relationship on the loan and to make preparations for Party B’s
listing on U.S. securities market, parties have reached the following debt
rearrangement agreement.

    1. The
loan amount which Party A lends to Party C through Party B shall be rearranged
to Party A’s direct loan to Party C.

    2. After
the loan rearrangement, Party B’s credit and liability related to the loan to
Party C shall be cancelled.

    3. Other
terms contained in the loan agreement shall not be changed.

    


    The loan
agreement is entered into on December 31, 2009

    


    Party A:
SJ Asia Pacific Limited

    Authorized
Signature:

    Party B:
China Liandi Clean Technology Engineering Limited

    Authorized
Signature:

    Party C:
Beijing Baolixintong Technology Co., Ltd.

    Authorized
Signature: