Unassociated Document


     

    
      Exhibit
10.4

      


      English
Translation of

      Property
Lease Agreement

      


      Property
Owner: Duoyuan Information Terminal Manufacture (Langfang) Co., Ltd. (Party A
hereinafter)

      


      Property
Occupant: Duoyuan Digital Press Technology Industries (China) Co., Ltd (Party B
hereinafter)

      


      In
accordance with provisions of applicable laws and regulations of the State and
on the principle of willingness, equality and mutual benefit, Party A and Party
B hereby enter into this agreement (the “Agreement”) after mutual consultation
with regard to the delivery of the premises lawfully owned by Party A to Party B
for its use.

       

      Article
I Premises

      


      
        	
                1-1 

              	
                Party
      A will lease the premises it lawfully owns at #3 Jinyuan Road, Daxing
      Industrial Development Zone, Beijing, whose build floor area is
      3079.86m2
      (the “Premises” hereinafter) to Party B for its
  use.

              


      

       

      Article
II Purposes

      


      
        	
                2-1 

              	
                Party
      B shall use the Premises for its office and research and development
      purposes.

              


      

      


      
        	
                2-2 

              	
                Within
      the term of occupation of the Premises, Party B shall not alter the use of
      the Premises without permission.

              


      

      


      
        	
                2-3 

              	
                Within
      the term of occupation of the Premises, Party B shall not change the
      structure of the Premises.

              


      

      


      
        	
                2-4 

              	
                Within
      the term of occupation of the Premises, Party B shall not sub-lease or
      subcontract.

              


      

      


      Article
III Terms

      


      
        	
                3-1 

              	
                The
      term of lease of the Premises shall be 1.5 years from July 1, 2008 to
      December 31, 2009.

              


      

      


      
        	
                3-2 

              	
                If
      Party B needs further occupation of the Premises after expiration of the
      term of lease, a new lease agreement shall be signed
      thereupon.

              


      

      


      Article
IV Property Use Fee

      


      
        	
                4-1 

              	
                The
      property use fee of the Premises shall be RMBҰ1.00 per square meter per
      day and the annual fee shall be RMBҰ1124148.90 accordingly
      (=3079.86*1.00*365). The use fee includes water and electricity rates and
      heating, air-conditioning, depreciation and land amortization
      expenses.

              


      

      


      
        	
                4-2 

              	
                The
      rate of the property use fee shall remain fixed within the validity term
      of the Agreement.

              


      

      


      
        	
                4-3 

              	
                The
      property use fee shall be calculated and paid on a quarterly
      basis.

              


      

      


      Article
V Miscellaneous

       

      Party B
shall immediately repair damages of the Premises or installations therein that
have been caused due to improper use.

       

      Article
VI 

      


      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      The
Agreement is made in three identical copies, all taking effect after signed by
both parties andenjoying the same effectiveness.

       

      Article
VII 

      


      Both
parties may settle issues unexhausted herein through friendly consultation or
adding supplementary clauses.

       

      /s/DuoYuan Duoyuan
Information Terminal Manufacture (Langfang) Co., Ltd.

      Property
Owner (Party A)    

      


          /s/Property Occupant:
DuoYuan Digital Press Technology Industries (China) Co., Ltd

          Property
Occupant (Party B)

      


      Date:
June 27, 2008