Unassociated Document


    


    Hengtaifeng
      Technology Co., Ltd

    Product
      Sales Contract

    


    


    


    


    


    


    


    


    Buyer:
      Jiangsu Qihan Machine Tool Co., Ltd (“The Buyer”
hereinafter)

    Seller:
      Shenzhen Hengtaifeng Technology Co., Ltd. (“The Seller”
hereinafter)

    


    


    


    


    


    Contract
      No.: SH2007- Q004

    Date:
      April 16, 2007


    
      
         

      

      
         

        
          

        

      

      
         

      

    


    Product
      Sales Contract

    


    This
      contract is signed by and between the Buyer and the Seller; whereby the buyer
      agrees to buy and the seller agrees to sell the under-mentioned devices/goods
      subject to the terms and conditions as stipulated hereinafter.

    


    


    SECTION
      1. List of the devices and goods (RMB)

     

    
      	
              No.

            	
              Name
                of Commodity

            	
              Quantity

            	
              Unit
                price

            	
              Total
                Price

            
	
              1

            	
              CNC
                980TD

            	
              2

            	
              8,000

            	
              16,000

            
	
              2

            	
              CNC
                980TD allocation DA98A-15/2

            	
              8

            	
              21,000

            	
              168,000

            
	
              Total

            	
              RMB
                184,000

            


    

    


    SECTION
      2. Payment and delivery

    


    
      	 	
              1.

            	
              Terms
                of payment: The buyer shall pay the entire contract price to the
                seller
                within six months after signed this
                contract.

            


    

    
      	 	
              2.

            	
              Terms
                of delivery: highway transport.

            


    

    
      	 	
              3.

            	
              Place
                of delivery: No.1 Kuangji Road, Zhenjiang City, Jiangsu
                Province.

            


    

    
      	 	
              4.

            	
              Consignee:
                Ms. Limin

            


    

     

    SECTION
      3. Service terms:

    


    Provided
      by the original manufacturer

    


    SECTION
      4. Ownership of the goods and risk transfer

    


    
      	 	
              1.

            	
              Regardless
                where the goods locate, the seller is the unique owner of the goods
                before
                the buyer pays for all the goods. The seller shall have the rights
                to
                recover all of the goods delivered to the buyer under the condition
                of
                impossible implementation of this
                contract.

            


    

    
      	 	
              2.

            	
              The
                risks of the goods shall belong to the seller commencing on the taking
                effect of this contract and until prior to delivery of the goods
                to the
                buyer. After which time, the risks of the goods will automatically
                transfer to the buyer following the seller delivers the goods to
                appointed
                place of buyer stated in this contract, and after that, the seller
                has no
                any responsibility for the risks of the
                goods.

            


    

    


    SECTION
      5. Breach of the Contract

    


    The
      two
      parties mutually agree that any breach of this Contract by any party may cause
      irreparable damage to the other party, and impossible implementation of this
      Contract. The defaulting party shall pay for 3‰ of breached part for penalty and
      compensate for the losses suffered by damaged party.


    
      
         

      

      
         

        
          

        

      

      
         

      

    

    


    SECTION
      6. The two parties hereto acknowledge that one party shall inform the other
      party to deal with the Contract due to force majeure.

    


    SECTION
      7. If any disputes arise out of this contract, the two parties may bring a
      suit
      to governing People's Court.

    


    SECTION
      8. Other terms

    


    
      	 	
              1.

            	
              Others
                terms that are not included in the contract shall be settled through
                negotiation by two parties.

            


    

    
      	 	
              2.

            	
              This
                Contract is prepared in duplicate which have the same legal force
                and the
                two parties keep one copy,
                respectively

            


    

    
      	 	
              3.

            	
              This
                contract will take effect after signed and sealed by two
                parties.

            


    

    


    


    Buyer:
      Jiangsu Qihan Machine Tool Co., Ltd

    Representative:

    Tel:
      0511-4422480-8138

    Fax:
      0511-4499128

    Add:
      No.1
      Kuangji Road, Zhenjiang City, Jiangsu Province

    Date
      for
      signature: April 16, 2007

     

    Seller:
      Shenzhen Hengtaifeng Technology Co., Ltd.

    Representative:

    Tel:
      0755-26743580

    Fax:
      0755-26743552

    Add:
      Room
      605, Chuangwei Building A, No.1 Gaoxinnan Road, Science and Technology Park,
      Nanshan District, Shenzhen City

    


    Information
      of the Bank:

    Account
      Name: Shenzhen Hengtaifeng Technology Co., Ltd.

    Bank:
      the
      Bank of China - Shenzhen Hi-tech Zone Branch

    Account
      Number: 826806682908091001

    Date
      for
      signature: April
      16,
      2007