Exhibit
10.2 

      
        

      

    

     

    Lease
Agreement

    


    Party A:
Xingtai Longhai Steel Wire Co. Ltd.

    Party B:
Xingtai Longhai Steel Group Co. Ltd.

    


    In order
to operate independently, Party A must to lease some portion of Party B’s land
and property; therefore both parties, on a friendly, free and fair basis, agree
below terms:

    


    
      	
              1.

            	
              Area
      of lease agreement: 226 meters north of South wall of Xingtai Longhai
      Steel Group Co. Ltd, 474 meter east of the office building, comprising a
      total area of 107,124 sqm; High speed wire production plant and it’s
      complimentary properties; 5 floors of group company’s office
      building.

            


    

    
      	
              2.

            	
              Lease
      term: unless due to uncontrollable causes or the companies major
      agreement, the agreement will be effective
  indefinitely.

            


    

    
      	
              3.

            	
              Lease
      fees and payment: the annual lease fee is RMB5,000,000, payable every six
      month.  The payment will be RMB2,500,000 per payment. The fees
      shall be paid before the 15th
      of each payment month, and the first payment should be made with 15 days
      of the agreement is effective.

            


    

    
      	
              4.

            	
              Both
      parties rights and obligations:

            


    

    
      	
               
      

            	
              a)

            	
              Party
      A will have all the right to utilize the lease object, party B cannot
      intervene party A’s operation, party A will guarantee party B’s assets
      security and integrity.

            


    

    
      	
               
      

            	
              b)

            	
              If,
      due to party A’s operational needs, Part A must to moderate or expand the
      facilities, Party A shall give at least one month’s advance notice to
      Party B.

            


    

    
      	
               
      

            	
              c)

            	
              Party
      A shall be responsible for tax associated with the land’s
      usage.

            


    

    
      	
               
      

            	
              d)

            	
              Party
      A should make all payments on time, if due to short of cash flow needs to
      extend the payment, Party A shall notify Party B 10 days in advance, the
      extension cannot exceed 2 months.

            


    

    
      	
               
      

            	
              e)

            	
              Party
      B pledges to provide Party A utilities such as water, electricity and heat
      as needed. Party A’s operating need of water, electricity and hear will
      not incur other payments to Party B.  Party A will pay to the
      electricity provider directly based on its
  usage.

            


    

    
      	
               
      

            	
              f)

            	
              Party
      B should provide free security and after support service to Party A to
      ensure party A’s asset’s security and quality
  operation.

            


    

    
      	
               
      

            	
              g)

            	
              Party
      B shall issue an invoice to Party A one month from the day of the payment
      is received.

            


    

    
      	
              5.

            	
              Any
      other matters not expressly stated herein, both parties should base on and
      fair and free basis issue supplemental
  agreements.

            


    

    
      	
              6.

            	
              This
      agreement will be made in two copies, each party holds one
      copy.

            


    

    
      	
              7.

            	
              This
      agreement will be effective on the day both parties signed and
      stamped.

            


    

    


    Party A
(Purchaser): Xingtai Longhai Steel Wire Co. Ltd.

    


    Party B
(Seller): Xingtai Longhai Steel Group Co. Ltd.

    


    October
1, 2008


    
      
         


      

      
         


        
          

        

      

      
         


      

    

    
      
        

      



    Supplemental
Agreement Related to the Lease Agreement

    


    Party A:
Xingtai Longhai Steel Wire Co. Ltd.

    Party B:
Xingtai Longhai Steel Group Co. Ltd.

    


    In order
to operate independently, Party A must to lease some portion of Party B’s land
and property; therefore both parties, on a friendly, free and fair basis, agree
below terms::

    


    
      	
              1.

            	
              Agreement
      object: 226 meter North of South wall of Xingtai Longhai Steel Group Co.
      Ltd, 474 meter East of the office building, total area of 107,124 meter
      square; High speed wire production plant and it’s compliment properties; 5
      floors of group company’s office
building.

            


    

    
      	
              2.

            	
              Lease
      fees and payment: the annual lease fee is 3,000,000 rmb, payable every six
      month, the payment should be 1,500,000 rmb each payment. The fees should
      be paid before the 15th
      of each payment month, and the first payment should be made with 15 days
      of the agreement is effective.

            


    

    
      	
              3.

            	
              This
      agreement is supplemental to the lease agreement, there is conflict
      provisions to the supplemental agreement shall
  prevail.

            


    

    


    Party A
(purchaser): Xingtai Longhai Steel Wire Co. Ltd.

    


    Party
B(Seller): Xingtai Longhai Steel Group Co. Ltd.

    


    October
2, 2008


    
      
         


      

      
         


        
          

        

      

      
         


      

    

    
      

    


    Supplemental
Agreement Related to the Lease Agreement

    


    Party A:
Xingtai Longhai Steel Wire Co. Ltd.

    Party B:
Xingtai Longhai Steel Group Co. Ltd.

    


    In order
to operate independently, Party A must to lease some portion of Party B’s land
and property; therefore both parties, on a friendly, free and fair basis, agree
below terms:

    


    
      	
              1.

            	
              Lease
      fees and payment: the annual lease fee is 193,831.66 rmb (base on 1.3
      times of the group land lease fee and 1.3 times of the office building
      depreciation), payable every six month, the payment should be 96,915.83
      rmb each payment. The fees should be paid before the 15th
      of each payment month, and the first payment should be made with 15 days
      of the agreement is effective.

            


    

    
      	
              2.

            	
              This
      agreement is supplemental to the lease agreement, there is conflict
      provisions to the supplemental agreement shall
  prevail.

            


    

    


    Party A
(purchaser): Xingtai Longhai Steel Wire Co. Ltd.

    


    Party
B(Seller): Xingtai Longhai Steel Group Co. Ltd.

    


    October
4, 2008