House
      Sales Contract

    


    Party
      A (Bargainor): Shaanxi Jialong Hi-Tech Industrial Co., Ltd

    


    Party
      B (Bargainee): Development Center of Xi’an Software Park 

    


    Owing
      to
      the existing
      disputes between Party A and Party B occurred in the course of using this house,
      through the friendly negotiation conducted by the two parties, the bargainor
      and
      bargainee have hereby concluded the agreement for sale of the housing as
      follows:

    


    Clause
      One: Basic Information About the House

    The
      house
      locates at 6/F, Building 2 of
      Xi Yue
      Ge, No. 72 the Second Ke Ji Road, High-Tech Development Zone, Xi’an City,
      Shaanxi Province with the construction area of 2734m2
      (Refer
      to the attached House Floor Plan).

    


    Clause
      Two: Contract Price

    The
      purchasing price of the house shall be RMB16, 000,000.00Yuan (In words: RMB
      Sixteen Million Yuan Only). Deducting the property management fees of RMB656,
      160.00 Yuan owed by Party A to Party B, Party B shall actually pay RMB15,
      343,840.00Yuan to Party A as the house purchasing price. 

    


    Clause
      Three: Mode and Term of the Payment 

    Mode
      of
      Payment: Party B shall pay in full the total house price (Fifteen Million Three
      Hundred and Forty Three Thousand Eight Hundred and Forty Yuan Only) on June
      28th,
      2007.
      Party A shall issue a receipt to Party B
      after
      collecting all the payment.

    


    Clause
      Four: Party B’s Responsibility of Violating the Contract by Overdue
      Payment

     If
      Party B fails to pay the house price on time, as per day delay, Party B shall
      pay 0.05% of the total house price as violating fine to Party A.

    


    Clause
      Five: Delivery the House 

    Party
      A
      shall empty and deliver the house to Party B prior to June 26th, 2007 and hand
      on the house property certificate and relevant document to Party B; meanwhile,
      Party B shall
      issue
a
      delivery proof. 

    


    Clause
      Six: Party A’s Responsibility of Violating the Contract by Overdue House
      Delivery 

     If
      Party A fails to deliver the house on the contracted time, as per day delay,
      Party A shall pay 0.3% of the total house price as violating fine to Party
      B. If
      it is 3 months overdue, Party B has the right to terminate the contract;
at
      the
      same time, Party A shall refund all the house price collected from Party B
      and
      shall pay a certain compensation fund with the amount of the paid house price
      to
      Party B. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    Clause
      Seven: Party A’s Warranty 

    Party
      A
      shall pledge that the subject house has a clear property right, no other rights
      settled or other disputes. After bought by Party B,
      if there
      are some property right disputes on the house, and it influences Party B
      performing its obligations and rights, Party A shall be responsible and deal
      with it and make compensation to Party B’s any losses. 

    


    Clause
      Eight: Taxation Produced in the Course of the House Property Right Transfer
      Registration and Transaction 

    


    1.
      Party
      A and Party B shall have finished the
      procedures of the House Property Right Transfer ahead
      of
      July 18th, 2007. If it fails to transact the house property right transfer
      procedures caused by Party B’s reason, Party B shall bear all responsibilities.
      While transacting the house property right transfer registration, Party A shall
      present a written application of transferring the house property right to Party
      B. If it needs Party A’s assistance to deal with this
      issue,
      whensoever, Party A shall give certain assistance. If there is any delaying
      caused by Party A and it affects the house property right transfer
      registration,
      Party A shall bear all caused losses. 

    


    2.
      Before
      signing this contract, if there are some unpaid taxes of the house, Party A
      shall pay all the fees. Party B shall bear all the house transfer registration
      fees, contract tax, valuation fees, and stamp duty produced in the course of
      transacting the House Property Right Transfer procedures.

    


    Clause
      Nine: Disputes Settlement

    Any
      disputes come out during the execution of this contract; Party A and Party
      B
      should negotiate to solve the dispute. If it cannot be settled by negotiation,
      it shall be submitted to Xi’an Arbitration Committee for arbitration.


    


    Clause
      Ten: For any other matter uncovered in the contract, it is for both parties’
signing a complementary agreement upon engagement, which enjoys the same legal
      force. 

    


    Clause
      Eleven: The contract is made in Four copies, all of which holding the same
      act
      of law. Each party holds one copy respectively. It shall be submitted one copy
      to the housing property administration and taxation authorizations respectively.
      

    


    Clause
      Twelve: The contract becomes effective from the date of signing of the two
      parties.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Party
      A
(sealed
      and signed): Shaanxi Jialong Hi-Tech Industrial Co., Ltd

    Signature
      of the Representative: Zhang Jianjun 

    


    Party
      B
      (sealed
      and signed): Development Center of Xi’an Software Park

    Signature
      of the Representative: Mao Ailiang 

    


     

    June
      20,
      2007 

    


    


    


    


    House
      Floor Plan 

    


    Serial
      Number: 106.0-104.0-15

    


    
      	
              Building
                No.

            	
              20

            	
              Structure
                

            	
              Steel
                & Concrete

            	
              Indoor
                Building Area 

            	
              2122.51

            
	
              House
                No.

            	
              2

            	
              Total
                Floors

            	
              7

            	 	
              601.49

            
	
              Room
                No.

            	
              E4

            	
              Floor

            	
              6

            	
              Property
                Area

            	
              2744.00

            
	
              Location

            	
              Room
                1401 Technology Development Building of Software Park, Hi-Tech Development
                Zone, Xi’an City, Shaanxi Province 

            
	
               

               

              Omitted