| Pledgee: | Beijing      Super TV Co., Ltd.                                                                                           |
|----------|---------------------------------------------------------------------------------------------------------------------------|
|     | Registered      Address: Jingmeng Hi-Tech Building B, Room 406, No.5-2, Shangdi East Road,      Haidian District, Beijing |
|     | Legal      Representative: Zhu Jianhua                                                                                    |

| Pledger: | Shizhou      Shen                                                                        |
|----------|------------------------------------------------------------------------------------------|
|     | Identification      Card No.:  110108196911148954                              |
|     | Registered      Address: No. 1902, F/15, Huaqing Jiayuan, Haidian District,      Beijing |

| 1. | The      Pledgee is a wholly foreign-owned enterprise duly incorporated and validly      existing under the PRC law, and the Pledger is a Chinese citizen holding      37.5% of the shares of Novel-Super Digital TV Technology Co., Ltd. ( “DTV      Company”); |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The      Pledgee and the Pledger entered into the Loan Agreement (Attachment      1). |
|----|---------------------------------------------------------------------------------------|

| 3. | In      order to ensure the creditor’s rights of the Pledgee to the Pledger under      the Loan Agreement (Attachment 1), the Pledger agrees to pledge all its      shares of the DTV Company for the payment of its loans under the Loan      Agreement (Attachment 1). |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.  | Definitions |
|----------|-------------|

| 1.1 | “Pledge”      is as defined in the whole Article 2hereof. |
|-----|-----------------------------------------------------------------------|

| 1.2 | “Equity      Interest” means the Pledger’s entire legal holdings of the 37.5% equity      interest of DTV Company. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------|

| 1.3 | “Pledge      Rate” means the ratio between the value of the pledged shares hereunder      and the amount of the loans under the Loan Agreement (Attachment      1). |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.4 | “Pledge      Term” is as defined in 3.2 hereof. |
|-----|-------------------------------------------------------------|

| 1.5 | “Event      of Default” means any event as prescribed in Article 7    hereof. |
|-----|-------------------------------------------------------------------------------------------|

----

| 1.6 | “Notice      of Default” means the notice sent by the Pledgee pursuant to this      Agreement regarding any “Event ofDefault”. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.  | Pledge |
|----------|--------|

| 2.1 | The      Pledger agrees to pledge its entire shareholdings of DTV Company to secure      the creditor’s right of the Pledgee under the Loan Agreement (Attachment      1). |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.2. | The      Pledge means the Pledgee’s pre-emptive rights to get priority to be      indemnified by the discounted price of the equity pledged to the Pledgee      by the Pledger or such equity’s auction price or liquidation      price. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | Pledge      Rate and Term |
|----|---------------------------|

| 3.1 | Pledge      Rate |
|-----|------------------|

|   | 3.1.1 | The      Pledge Rate shall be 100%. |
|--------|-------|-------------------------------------|

| 3.2 | Pledge      Term |
|-----|------------------|

|   | 3.2.1 | The      share Pledge hereunder shall come into effect on the date when the share      Pledge is recorded in the DTV Company’s shareholders list and such list is      registered at the applicable industrial/commerce regulatory authorities      (if necessary), and the Pledge Term shall be the same as that of the Loan      Agreement (Attachment 1). |
|--------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3.2.2 | If      Pledger fails to repay the loans in accordance with the Loan Agreement      (Attachment 1) during the Pledge Term, the Pledgee shall be entitled to      dispose of the Pledge pursuant to this  Agreement. |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | Dividend      Collection |
|----|--------------------------|

| 5. | Pledgee’s      Representations and Covenants |
|----|----------------------------------------------------|

| 5.1 | The      Pledger is the legal owner of the Equity  Interest. |
|-----|--------------------------------------------------------------|

| 5.2 | Unless      otherwise stipulated herein, the Pledgee’s exercise of the rights      hereunder shall not be interfered by any other party at any      time. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.3 | Unless      otherwise stipulated herein, the Pledgee shall be entitled to dispose or      transfer the Pledge pursuant to thisAgreement. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------|

| 5.4 | Except      for the Pledgee, the Pledger has not created any other pledge rights on      the Equity Interest. |
|-----|---------------------------------------------------------------------------------------------------------------|

| 6. | Pledger’s      Undertakings |
|----|-----------------------------------|

| 6.1 | During      the term of this Agreement, the Pledger warrants to the Pledgee to take      the following undertakings: |
|-----|----------------------------------------------------------------------------------------------------------------------|

----

|   | 6.1.1 | The      Pledger shall not, without the Pledgee’s prior written consent, transfer      any other shares of the Equity Interest nor create or allow the existence      of any pledge that may affect the Pledgee’s rights and      interests; |
|--------|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6.1.2 | The      Pledger shall abide by and act upon all the applicable laws and      regulations related to the Pledge and, within five days after the receipt      of any notices, instructions or suggestions issued or promulgated by any      applicable authorities, deliver to the Pledgee such notices, instructions      or suggestions and meanwhile carry out such notices, instructions or      suggestions or, at the Pledgee’s reasonable request or with the Pledgee’s      consent, raise any disagreement or statement regarding the relevant      issues; and |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6.1.3 | The      Pledger shall promptly notify the Pledgee of any of the following: (i) any      events that may affect the Pledge or the rights of any part of the Pledge,      or any notices received by the Pledger regarding such events, or (ii) any      events that may change the Pledger’s any covenants or obligations      hereunder or that may affect the Pledger’s performance of any obligations      hereunder or any notices received by the Pledger regarding such      events. |
|--------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2 | The      Pledger agrees that the Pledgee's exercise of the Pledgee’s rights      pursuant to the Agreement shall not be interrupted or hindered by any      legal procedures raised by the Pledger or its successors or      trustees. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3 | The      Pledger warrants to the Pledgee that for the purpose to protect or improve      the guaranty hereunder for the repayment of the loans pursuant to the Loan      Agreement (Attachment 1), the Pledger shall, in good faith, (i) enter      into, and urge any other parties of material interests in the Pledge to      enter into, all title certificates and deeds requested by the Pledgee,      (ii) take, and urge any other parties of material interests in the Pledge      to take, any actions requested by the Pledgee, (iii) facilitate the      Pledgee exercising its rights or authorizations hereunder, (iv) enter into      all title change documentations in connection to title certificates of the      Equity Interest with the Pledgee or any other persons (natural or legal      person) designated by the Pledgee, and (v) provide on a reasonable timely      basis the Pledgee all the notices, orders or decisions related to the      Pledge that the Pledgee deemsnecessary. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.4 | The      Pledger warrants the Pledgee that, for the Pledgee’s rights interests, the      Pledger will comply with and perform all covenants, undertakings,      agreements, representations andconditions. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.  | Events      of Default |
|----------|------------------------|

| 7.1 | The      following shall be deemed as Events ofDefault: |
|-----|---------------------------------------------------------|

|   | 7.1.1 | The      Pledger fails to make full repayment of the loans due under the Loan      Agreement (Attachment 1); |
|--------|-------|--------------------------------------------------------------------------------------------------------------|

|   | 7.1.2 | Any      representations or covenants made by the Pledger under Article 5 hereof is      materially misleading or erroneous, and/or the Pledger violates any      representations or covenants under Article 5  hereof; |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7.1.3 | The      Pledger violates any undertakings under Article 6  hereof; |
|--------|-------|---------------------------------------------------------------------|

|   | 7.1.4 | The      Pledger violates any provisionherein; |
|--------|-------|------------------------------------------------|

|   | 7.1.5 | Except      for the circumstances set forth 6.1.1 hereof, the Pledger gives up or      transfer the pledged Equity Interest without the Pledgee’s written      consent; |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 7.1.6 | Any      of the Pledger’s loans, guaranties, indemnifications, covenants or other      liabilities to any third parties makes the Pledger believe that the      Pledger’s ability to perform the obligations hereunder has been affected,      due to any of the following reasons: (i) such loans, guaranties,      indemnifications, covenants or other liabilities are required to be repaid      or performed in advance, or (ii) the Pledger fails to pay or perform by      the due time such loans, guaranties, indemnifications, covenants or other      liabilities; |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7.1.7 | The      Pledger fails to repay regular debts or other  liabilities; |
|--------|-------|----------------------------------------------------------------------|

|   | 7.1.8 | The      promulgation of any applicable new law makes this Agreement become      illegitimate or the Pledger unable to continue to perform the obligations      hereunder; |
|--------|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7.1.9 | Any      of the government consents, permissions, approvals or authorizations      necessary for the enforceability, validity or effectiveness of this      Agreement is rescinded, suspended, expired or significantly      amended; |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 7.1.10 | Any      adverse changes in the Pledger’s assets make the Pledgee believe that the      Pledger’s ability to perform the obligations hereunder has been      affected; |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 7.1.11 | Any      of the Pledger’s successors or trustees performs only part or none of its      payment obligations under the Loan Agreement (Attachment 1);      and |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 7.1.12 | The      Pledgee fails to dispose the Pledge as otherwise requested by      law. |
|--|--------|----------------------------------------------------------------------------------|

|   | 7.2 | If      the Pledger becomes aware of or detects any of the events listed in      Article 7.1 hereof or any possibilities of such events, the Pledger shall      immediately notify in writing the Pledgee of such events or      possibilities. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.3 | Unless      any of the Event of Default listed in Article 7.1 hereof is completely      settled to the satisfaction of the Pledgee, the Pledgee may deliver a      written notice of default to the Pledger at or after the occurrence of      such default, demanding the Pledger’s immediate payment of outstanding      loans or other payables under the Loan Agreement (Attachment 1), or      exercise the Pledge pursuant to Article 8  hereof. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.  | Exercise      of the Pledge |
|----------|-----------------------------|

| 8.1 | The      Pledger may not transfer any Equity Interest without the Pledgee’s written      consent before the loans under the Loan Agreement (Attachment 1) have been      fully paid. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.2 | The      Pledgee shall deliver to the Pledger a notice of default when exercising      the Pledge. |
|-----|----------------------------------------------------------------------------------------------------|

| 8.3 | Subject      to the provisions under 7.3 hereof, the Pledgee may exercise its rights to      dispose of the Pledge upon the delivery of the notice of default or at any      time after the delivery of such notice pursuant to 7.3    hereof. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.4 | The      Pledger shall be entitled to, in compliance with applicable legal      procedures, be compensated in priority at a discount price of all or part      of the Equity Interest or the price of any auction or liquidation, until      the remaining balance of the loans and other payables under the Loan      Agreement (Attachment 1) are paidoff. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.5 | When      Pledgee disposes the Pledge pursuant to this Agreement, the Pledger shall      create no encumbrance and shall provide all necessary assistance for the      Pledgee’s exercise of the Pledge. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 9.  | Transfer |
|----------|----------|

| 9.1 | Unless      with the Pledgee’s prior consent, the Pledger shall have no right to grant      or transfer any of its rights and obligations  hereunder. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.2 | This      Agreement is binding upon the Pledger and any of its successors and is      applicable to the Pledgee and any of its successors and      assignees. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.3 | The      Pledgee may transfer to any persons (natural or legal) designated by it at      any time any and all rights and obligations under the Loan Agreement      (Attachment 1). Under such circumstances, such transferees shall possess      and assume the same rights and obligations as those of the Pledgee      hereunder, as if such a transferee is a party to this Agreement. When the      Pledgee transfers rights and obligations under the Loan Agreement      (Attachment 1), the Pledger shall, upon the Pledgee’s requests, enter into      all agreements and/or documents related to such  transfer. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.4 | If      the transferee becomes the new Pledgee after the transfer, such transferee      shall enter into a new pledge agreement with the  Pledger. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.  | Termination |
|-----------|-------------|

|   | This      Agreement shall terminate after the loans under the Loan Agreement      (Attachment 1) are fully paid and the Pledger has been relieved from all      its obligations under the Loan Agreement (Attachment 1) and the Pledgee      shall cancel or dissolve this Agreement within any early and reasonable      period of time. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.  | Fees      and Other Expenses |
|-----------|------------------------------|

|   | All      expenses and actual expenditure related to the Agreement, including but      not limited to legal expenses, printing cost, stamp duties and other taxes      and expenses shall be all borne by thePledger. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.  | Force      Majeure |
|-----------|--------------------|

| 12.1 | If      any Party is prevented from performing any part of this Agreement (the      “Affected Party”) due to any event that is inevitable and unavoidable      beyond such Party’s reasonable care (hereinafter, “force majeure”), the      Affected Party shall not be held responsible for such delayed or hindered      performance of this Agreement due to any force majeure, including but not      limited to governmental act, natural force, fire, explosion, geographical      change, storm, flood, earthquake, tide, bolt or war, but not including      insufficient credit, fund or financing. The Affected Party who seeks the      exemption from the obligations hereunder shall immediately notify the      other Party of the force majeure and the steps necessarily taken to      complete the delayed or hinderedperformance. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.2 | The      Affected Party shall not be held responsible for any delayed or hindered      performance hereunder due to any force majeure, and shall be exempted from      such obligations hereunder only after the Party has exerted all reasonable      efforts to perform, limited to the delayed or hindered part. Once the      force majeure resulting in the obligation exemption is conquered or      remedied, the parties agree to make the utmost efforts to resume the      performance hereunder. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 13.  | Settlement      of Disputes |
|-----------|-----------------------------|

| 13.1 | This      Agreement and any interpretations hereof shall be governed by the PRC      laws. |
|------|--------------------------------------------------------------------------------------------|

| 13.2 | Any      dispute arising out of the construction and performance of any provision      herein between the parties shall be settled through friendly      consultations, otherwise any Party may submit such dispute to China      International Economic and Trade Arbitration Commission for arbitration      with then effective arbitration rules. The arbitration shall be held in      Shanghai. The language shall be Chinese. The arbitral award shall be final      and binding upon all Parties. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.  | Notice |
|-----------|--------|

| 14.1 | Any      notices by any Party for the purpose of the performance of any rights or      obligations hereunder shall be in writing. And the service shall be deemed      as effectively made by the time of the delivery by a courier or the      transmission by fax or telecopy. If the service is made on a non-business      day or after business hours, the next business day shall be deemed as the      date of service. The place of service shall be the address of each Party      shown on the first page hereof or      any other address notified in writing (including fax or telecopy) at any      time in the future. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.  | Effectiveness |
|-----------|---------------|

| 15.1 | This      Agreement and any amendments, supplements or revisions hereof shall be      made in written form and come into effect upon the execution and seal by      all the parties. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.2 | This      Agreement shall be made in Chinese with two original    copies. |
|------|---------------------------------------------------------------------------|

----

----

----