Translation

    


    Property
      Lease Agreement

    


    Owner
      of
      the Property: Duoyuan Clean Water Technology Industries (China) Co. Ltd (Party
      A)

    User
      of
      the Property: Duoyuan Digital Printing Technology Industries (China) Co. Ltd
      (Party B)

    


    Pursuant
      to relevant laws and regulations of PRC, both parties have entered into this
      Agreement through negotiation on the basis of equality, voluntariness, fairness,
      and sincerity, under which Party B shall lease from Party A certain premises
      lawfully owned by Party A.

    


    Article
      1 Leased
      Property:

    


    
      	1-1	
              Party
                A shall deliver 20% (3,079.86 square meters) of the premise located
                at No.
                3 Jinyuan Road, Daxing Industrial Development Zone, Beijing (hereinafter
                as “the leased property”) for occupancy by Party
                B.

            


    

    


    Article
      2 Usage:

    


    
      	2-1	
              Party
                B shall only use this premise for office and R&D
                purpose.

            


    

    


    
      	2-2	
              Party
                B shall not change the usage of the leased property within the term
                of
                this lease.

            


    

    


    
      	2-3	
              Party
                B shall not change the structure of the leased property within the
                term of
                this lease.

            


    

    


    
      	2-4	
              Party
                B shall not sub-let the leased property within the term of this
                lease.

            


    

    


    Article
      3 Term
      of
      Lease

    


    
      	3-1	
              The
                lease term shall be one year, starting on January 1st
                2008 and ending on December 31st
                2008.

            


    

    


    
      	3-2	
              After
                expiration, Party B shall enter into new agreement with Party A if
                Party B
                intends to continue its occupancy of the
                property.

            


    

    


    Article
      4 Rental

    


    
      	4-1	
              The
                unit rental shall be RMB 1.00 per day per square meter, and annual
                expense
                is 3079.86*1.00*365, or RMB 1,124,148.90. The aforementioned rental
                includes expenses for the following: water, electricity, heating,
                air-conditioning, depreciation, amortization of
                land.

            


    

    


    
      	4-2	
              The
                rental shall remain unchanged during term of this
                Agreement.

            


    

    


    
      	4-3	
              The
                rental shall be paid once a year.

            


    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Article
      5 Miscellaneous

    


    Party
      B
      shall be responsible to immediately repair any damage in the leased property
      or
      facilities caused by its improper usage.

    


    Article
      4 This
      Agreement is made in three original copies, each of which shall be of equally
      legal effect upon execution by both parties.

    


    Article
      5 Any
      issue
      not covered under this Agreement shall be solved through friendly negotiation
      between the parties or through supplementary provisions.

    


    Owner
      of
      the Property:

    (seal
      of
      Duoyuan Clean Water Technology Industries (China) Co. Ltd)

    /s/
      Sihai
      Wang

    


    User
      of
      the Property:

    (seal
      of
      Duoyuan Digital Printing Technology Industries (China) Co. Ltd)

    /s/
      Zhiguo Hao

    


    


    Date:
      December 25, 2007