Exhibit 10.13


 


Deferred Loan Agreement


 


Party A (the Lender): Daqing High-Tech State-owned
Assets Operation Co., Ltd.


Legal Representative: Wang Fangyu


 


Party B (the Borrower): Heilongjiang TYALS
Co., Ltd.


 


Party C (the Guarantor): Wang Yuhu


Address: No. 108, Shangyou Street, Daoli District,
Harbin.


ID Card No.: 230124197406087013


 


In order to solve the shortage
of funds of Party B in purchasing electrical aluminum rod production equipments, in accordance
with the resolutions of the 1st Special Conference dated March 10, 2006 of the People’s Government of Daqing City
and of the 4th Session dated March 17, 2006 of the project examination and approval committee of the high and new technology
zone, Party A, Party B and Party C reach the following loan agreement through negotiation:


 


Article I: The monetary
loan of RMB 750,000.00 lent to Party B by Party A will be transferred to Party B’s account within 15 days after Party B has
completed all its obligations stipulated by the 4th Session of the project examination and approval committee of the
high and new technology zone in 2006, provided that the three parties have executed this Agreement;


 


Article II: The extended
period of the loan is from April 07, 2009 to December 31, 2009;


 


Article III: Party B shall
pay to Party A the fund possession expenses according to 5% of the loan every year. The fund possession expenses of the first year
shall be paid up within 15 days after the date of execution of this Agreement, and thereafter the fund possession expenses of each
year shall be paid up on the anniversary of the fund possession expenses of last year.


 


Article IV: The loan must
be used to purchase electrical aluminum rod production equipments and may not be misappropriated for
any other purpose.


 


Article V: Party A has the
right to require Party B to provide production operation data according to the needs and requirements of funds management. Party
B undertakes to give comprehensive cooperation and submits monthly enterprise financial reports as required by Party A.


 


Article VI: Party B undertakes
to notify Party A in writing within 7 days of the date of occurrence or possible occurrence of any of the following circumstances:


 



    	 



    	 



    

 


		1.	Any material change happens to the form of organization, including without limitation implementation
of contracting, leasing operation, joint operation, shareholding system transformation, amalgamation
(merger), joint venture (cooperation), division, setup of subsidiary, transfer of property right, capital decrease, closedown,
dismissal, application for bankruptcy, etc.;



 


		2.	Party B modifies its articles of association, replaces legal representative, decreases registered
capital, or makes any material decision in terms of finance or personnel;



 


		3.	Party B sells, leases, transfers or dispose of otherwise all or any substantial part of its assets;



 


		4.	Party B provides guarantee for any third party, which causes material adverse impact upon its financial
status or ability to perform its obligations hereunder; or



 


		5.	Party B gets involved in any material suit, or compulsory enforcement
measures (such as property preservative measures) are taken to its major assets, or any such event as causes material adverse
impact to its financial status or repayment capability happens to Party B. 



 


Article VII: Special Provisions


		1.	If, during the period of the loan, Party B increases its capital or enlarges its shares, Party
B shall obtain the consent of Party A and perform legal procedures. In such case, the loan may be transformed into the investment
of Party A to Party B;



 


		2.	Party C (namely the legal representative of Party B) provides joint and several guarantee for Party
B’s all obligations hereunder. Even if the loan agreement becomes null and void, this clause remains in force. The period
of such guarantee is two years as of the date of expiration of this Agreement.



 


Article VIII:
Liabilities for Breach of Agreement


		1.	If Party B fails to repay in full the principal of the loan and the fund possession expenses as
scheduled, Party B shall pay to Party A a penalty according to 0.05% of the loan every day;



 


		2.	If Party B (i) violates any provision of this Agreement, (ii) conducts any illegal activities,
(iii) provides any false information to Party A, (iv) does not notify Party A of any material change in the operation or assets
of Party B, or (v) the legal representative or any other officer of Party B has any illegal conduct, Party A has the right to terminate
unilaterally this Agreement at
once, take back the loan and recover from Party B all losses (including without limitation fund possession expenses, penalty, legal
fees, counsel fee, etc);



 



    	 



    	 



    

 


		3.	The invalidity of any provision of this Agreement may not prejudice the validity of the remaining
provisions hereof.



 


Article IX: Any dispute
arising out of this Agreement and any matter uncovered herein shall be settled by both parties through negotiation. In case no
settlement can be reached, either part may bring a suit to the court of the place where Party A is located.


 


Article X: This Agreement
will come into force as of the date of execution and is in four originals of the same legal force, two for each party.


 


Party A (the Lender): Daqing High-Tech State-owned
Assets Operation Co., Ltd. (Seal)


Legal Representative:


Or Entrusted Agent (Signature): Meng Xin


Daqing High-Tech State-owned Assets Operation
Co., Ltd. (Seal)


 


Party B (the Borrower): Heilongjiang TYALS
Co., Ltd. (Seal)


Legal Representative:


Or


Entrusted Agent (Signature):


Heilongjiang TYALS Co., Ltd. (Seal)


 


Party C (the Guarantor) (Signature): Wang Yuhu


 


Date: April 07, 2009


 



    	 



    	 



    










 


Deferred Repayment Agreement 


 


Party A: Daqing High-Tech State-owned Assets
Operation Co., Ltd.


 


Party B: Heilongjiang TYALS Co., Ltd.


 


In accordance with the resolutions
of the 1st Special Conference dated March 10, 2006 of the People’s Government of Daqing City and of the 4th
Session dated March 17, 2006 of the project examination and approval committee of the high and new technology zone, the period
of the loan of RMB 4,750,000.00 provided to Party B by Party A in April 2006 is from May 2006 to June 2009. During this period,
Party B proposed to go listed. On August 31, 2009, it was decided on the 6th director office meeting of the management
committee of the high and new technology zone that Party A may convert the loan of RMB 4,750,000.00 into equities if Party B goes
listed on domestic New Third Board market. If Party B fails to go listed as scheduled or the transformation of the loan into equities
fails to be implemented, Party B shall repay in a lump sum of RMB 4,750,000.00 and refund the possession expenses in cash within
one month. On September 04, 2009, Party A and Party B executed a deferred repayment agreement, by which Party B shall repay the
entire loan on January 31, 2010 if Party B fails to go listed as scheduled or the conversion of the loan into equities fails to
be implemented.


 


In order to continue to
support Party B’s going listed on domestic new third board, it was agreed on the 3rd session dated April 13, 2010
of the management committee of the high and new technology zone that the repayment of this loan may be deferred. Therefore, both
parties reach the following agreement through negotiation:


 


		1.	Party B shall repay to Party A the entire loan of RMB 4,750,000.00 prior to November 30, 2010,
whether Party B can go listed on domestic New Third Board market.



 


		2.	For the extended period from October 2009 to November 2010, Party A charges Party B the total fund
possession expenses of RMB 71,000.00 in respect of the loan according to the rate agreed previously (5% for RMB 75,0000.00 loan,
and 1% for RMB 4,000,000.00 loan thereof), which shall be paid up within 10 days after the date of execution.



 


		3.	If Party B fails to repay as scheduled, Party B shall pay to Party A a loss of RMB 1,000.00 for
each overdue day.



 


		4.	This Agreement is in four originals, two for each party.
	 	 	 




    	 



    	 



    

 


Party A: Daqing High-Tech State-owned Assets
Operation Co., Ltd. (Signature and Seal)


Legal Representative (or Entrusted Agent):
Meng Xin


Daqing High-Tech State-owned Assets Operation
Co., Ltd. (Seal)


 


Party B: Heilongjiang TYALS Co., Ltd. (Signature
and Seal)


Legal Representative (or Entrusted Agent):


Special Seal for Contract of Party B: Heilongjiang
TYALS Co., Ltd. (Seal)


 


April 28, 2010


 








    	 



    	 



    


 


Loan Agreement for Listing Support Funds


 


Party A (the Lender): Daqing Hi-tech State-owned
Assets Operating Limited Company


Legal Representative: Tan Baoyin


 


Party B (the Borrower): Heilongjiang TYALS
Co., Ltd.


Legal Representative: Wang Yuhu


 


Party C (Guarantor): Wang Yuhu (Natural Person)


 


In order to support the
listing financing work of Heilongjiang TYALS Co., Ltd., Party A provides Party B with a loan of RMB
3,000,000.00 as listing support funds in accordance with the requirements of the 4th summary dated March 11, 2011 of
the party and government joint conference of the management committee of Daqing High and New
Technology Zone and the stipulations of the file of Daqing High and New Technology Zone (G.X.G.F. [2009] No. 1). Whereas Party
B owes to Party A a sum of RMB 4,750,000.00 due, which RMB 3,000,000.00 thereof is directly converted into the loan for listing
support funds and the remaining RMB 1,750,000.00 thereof will be refunded to Party A by the end of 2011 in accordance with the
file of the management committee. Party A and Party B reach the following loan agreement through negotiation:


 


Article
I: RMB 3,000,000.00 of the loan of RMB 4,750,000.00 owed to Party A by Party B is directly converted into the loan for listing
support funds and the remaining RMB 1,750,000.00 thereof will be repaid to Party A prior to December 31, 2011. Party B proposes
that the third party guarantor Party C should act as the joint and several guarantee responsible person and Party C also
agrees to provide such joint and several guarantee, and the valid term of such guarantee is two years.


 


Article II: The valid term
of support loan is two years from December 01, 2010 to April 01, 2013. In case of any of the following circumstances, Party A has
the right to require Party B to repay the loan in advance:


 


		1.	Party B fails to repay to Party A the entire loan within 6 months after Party B goes listed formally.



 


		2.	The listing office of the management committee confirms that Party B fails to repay to Party A
the entire loan within one months after Party B goes listed.



 


Article III: The loan may
not be used for any purpose other than listing of the company.


 



    	 



    	 



    

 


Article IV: Party A has
the right to require Party B to provide production operation data according to the needs and requirements of funds management.
Party B undertakes to give comprehensive cooperation and submit enterprise financial reports quarterly as required by Party A.


 


Article V: Liabilities for
Breach of Agreement:


		1.	If Party B fails to repay the loan in full as scheduled, Party B shall pay to Party A a penalty
according to 0.05% of the loan per day.



 


		2.	If Party B (i) violates any provision of this Agreement, (ii) conducts any illegal activities,
(iii) provides any false information to Party A, (iv) does not notify Party A of any material change in the operation or assets
of Party B, or (v) the legal representative or any other officer of Party B has any illegal conduct, Party A has the right to terminate
unilaterally this Agreement at
once, take back the loan and recover from Party B all losses (including without limitation fund possession expenses, penalty, legal
fees, counsel fee, etc).



 


Article VI: Party C provides
joint and several guarantee for the loan of Party B, and the scope of such guarantee covers the principal of the loan, fund possession
expenses, penalty, legal fees, counsel fee, etc.


 


Article VII: Any dispute
arising out of this Agreement and any matter uncovered herein shall be settled by both parties through negotiation. In case no
settlement can be reached, either part may bring a suit to the court of the place where Party A is located.


 


Article
VIII: This Agreement will come into force as of the date of execution and is in two originals of the same legal force, one for
each party.


 


Party A (the Lender): Daqing Hi-tech State-owned
Assets Operating Limited Company (Seal)


Legal Representative: Tan Baoyin


Daqing Hi-tech State-owned Assets Operating
Limited Company (Seal)


 


Party B (the Borrower): Heilongjiang TYALS
Co., Ltd. (Seal) 


Legal Representative: Wang Yuhu


Heilongjiang TYALS Co., Ltd.
(Seal)


 


Party C (Guarantor): Wang Yuhu (Signature)


 


Place of Execution: Daqing High and New Technology
Industrial Development Zone


 


Date of Execution: , 2011