Exhibit
10.6

     

    VOTING
RIGHTS PROXY AGREEMENT

    


    This
Voting Rights Proxy Agreement (the “Agreement”) is
entered into in Neiqiu County, Hebei Province, People’s Republic of China
(“PRC” or
“China”) as of
March 19, 2010 by and among Xingtai Kalington Consulting Service Co., Ltd.
(“Party A”),
Xingtai Longhai Wire Co., Ltd. (the “Company” or “Party B”), and the
undersigned shareholders of Party B (the “Shareholders”).  Party
A, Party B and the Shareholders are each referred to in this Agreement as a
“Party” and
collectively as the “Parties.”

    


    RECITALS

    


    1.          Party
B is engaged in the business of rolling steel (wire).  Party A has the
expertise in consulting, and Party A has entered into a series of agreements
with Party B to provide Party B with various consulting services.

    


    2.       The
Shareholders are shareholders of the Company, each legally holding such amount
of equity interest of the Company as set forth on the signature page of this
Agreement and collectively holding 100% of the issued and outstanding equity
interests of the Company (collectively the “Equity Interest”).

    


    3.          The
Shareholders desire to grant to Party A a proxy to vote the Equity Interest for
the maximum period of time permitted by law in consideration of good and
valuable consideration, the receipt of which is hereby acknowledged and agreed
by Party A.

    


    NOW THEREFORE, the Parties
agree as follows:

    


    1.          The
Shareholders hereby agree to irrevocably grant and entrust Party A, for the
maximum period of time permitted by law, with all of their voting rights as
shareholders of the Company.  Party A shall exercise such rights in
accordance with and within the parameters of the laws of the PRC and the
Articles of Association of the Company.

    


    2.          Party
A may establish and amend rules to govern how Party A shall exercise the powers
granted by the Shareholders herein, including, but not limited to, the number or
percentage of directors of Party A which shall be required to authorize the
exercise of the voting rights granted by the Shareholders, and Party A shall
only proceed in accordance with such rules.

    


    3.          The
Shareholders shall not transfer or cause to be transferred the Equity Interest
to any party (other than Party A or such designee of Party A).  Each
Shareholder acknowledges that it will continue to perform its obligations under
this Proxy Agreement even if one or more of other Shareholders no longer holds
any part of the Equity Interest.


    
      
         


      

      
         


        
          

        

      

      
         


      

    


    4.           This
Proxy Agreement has been duly executed by the Parties as of the date first set
forth above, and in the event that a Party is not a natural person, then such
Party’s action has been duly authorized by all necessary corporate or other
action and executed and delivered by such Party’s duly authorized
representatives.  This Agreement shall take effect upon the execution
of this Agreement.

    


    5.           Each
Shareholder represents and warrants to Party A that such Shareholder owns such
amount of the Equity Interest as set forth next to its name on the signature
page below, free and clear of all liens and encumbrances, and such Shareholder
has not granted to any party, other than Party A, a power of attorney or proxy
over any of such amount of the Equity Interest or any of such Shareholder’s
rights as a shareholder of Company.  Each Shareholder further
represents and warrants that the execution and delivery of this Agreement by
such Shareholder shall not violate any law, regulations, judicial or
administrative order, arbitration award, agreement, contract or covenant
applicable to such Shareholder.

    


    6.           This
Agreement may not be terminated without the unanimous consent of all Parties,
except that Party A may, by giving a thirty (30) day prior written notice to the
Shareholders, terminate this Agreement, with or without cause

    


    7.           Any
amendment to and/or rescission of this Agreement shall be in writing by the
Parties.

    


    8.           The
execution, validity, creation and performance of this Agreement shall be
governed by the laws of PRC.

    


    9.           This
Agreement shall be executed in five (5) duplicate originals in English, and each
Party shall receive one (1) duplicate original, each of which shall be equally
valid.

    


    10.    
    The Parties agree that in the event a dispute shall
arise from this Agreement, the Parties shall settle their dispute through
amicable negotiations and/or arbitration in accordance with this Clause
10.  If the Parties cannot reach a settlement within 45 days following
the negotiations, the dispute shall be submitted to be determined by arbitration
through China International Economic and Trade Arbitration Commission (“CIETAC”)
in accordance with CIETAC arbitration rules. There shall be three (3)
arbitrators.  Party B shall select one (1) arbitrator and Party A
shall select one (1) arbitrator, and both arbitrators shall be selected within
thirty (30) days after giving or receiving the demand for
arbitration.  Such arbitrators shall be freely selected, and the
Parties shall not be limited in their selection to any prescribed
list.  The chairman of the CIETAC shall select the third
arbitrator.  If a Party does not appoint an arbitrator who consents to
participate within thirty (30) days after giving or receiving the demand for
arbitration, the relevant appointment shall be made by the chairman of the
CIETAC. The arbitration shall be conducted in Beijing in English. The
determination of CIETAC shall be conclusively binding upon the Parties and shall
be enforceable in any court of competent jurisdiction.

    


    [SIGNATURE
PAGE FOLLOWS]

     

    Proxy
Agreement

    LONGHAI

     

    
      
         


      

      
        -2-

        
          

        

      

      
         


      

    


    IN WITNESS WHEREOF this
Agreement is duly executed by each Party or its legal
representatives.

    


    
      
        
          	
                  PARTY
      A:

                	
                  Xingtai
      Kalington Consulting Service Co., Ltd.

                
	 
      	 
      
	 
      	
                  Legal/Authorized
      Representative: ____________________

                
	 
      	
                  Name:
      WANG Chaojun

                
	 
      	
                  Title:
      Executive Director

                
	 
      	 
      
	
                  PARTY
      B:

                	
                  Xingtai
      Longhai Wire Co., Ltd.

                
	 
      	 
      
	 
      	
                  Legal/Authorized
      Representative: ____________________

                
	 
      	
                  Name:
      WANG Chaojun

                
	 
      	
                  Title:
      Chairman of Board of
Directors

                


        

      

    

     

    Proxy
Agreement

    LONGHAI

     

    
      
         


      

      
        -3-

        
          

        

      

      
         


      

    


    SIGNATURE PAGE FOR
SHAREHOLDERS OF PARTY B

    


    SHAREHOLDERS
OF PARTY B:

    


    
      
        
          
            
              
                
                  
                    
                      
                        
                          	 
      
	
                                  WANG
      Chaojun

                                
	
                                  ID Card
      No.:130502195507260912

                                
	
                                  Owns
      80% of Xingtai Longhai Wire Co., Ltd.

                                
	 
      	 
      
	 
      
	
                                  WEALTH
      INDEX (Beijing) International Investment Consulting Co.,
    Ltd

                                
	
                                  Owns
      15% of Xingtai Longhai Wire Co., Ltd.

                                
	 
      	 
      
	
                                  By:

                                	 
      
	
                                  Name:
      WAN Liang

                                
	
                                  Title:
      Executive Director

                                
	 
      	 
      
	 
      
	
                                  CHEN
      Wenyi

                                
	
                                  ID
      Card No.: 150203198307203363

                                
	
                                  Owns
      5% of Xingtai Longhai Wire Co.,
Ltd.

                                


                        

                      

                    

                  

                

              

            

          

        

      

    

     

    Proxy
Agreement

    LONGHAI

     

    
      
         


      

      
        -4-