China Packaging Technologies, Inc. - Exhibit 10.3 - Filed by
   newsfilecorp.com






Exhibit 10.3 

Sale Contract 

(English Summary) 

Party A: Great Shengda as supplier 

Party B: Suzhou Samsung Electronic Import Factory as purchaser


	Date of Signing 	May 25, 2009




	Details of Purchase 	1. 	
      The amount and time limit are stipulated in the order
      from the purchaser, and all the orders are parts of this contract. When
      conflict happens between the orders and this contract, terms of the orders
      will prevail. 

		2. 	
      The purchaser should provide the order plan which
      contains the details of relevant raw materials to the supplier in advance.
      But the order plan is only estimation; the purchaser shall not be
      restricted by the order plan. 

		3. 	
      If the supplier considers the orders can not be finished
      on time, the supplier should inform the purchaser the reason when
      receiving the order and the two parties will consult to solve the problem.
      




	
      Goods delivery 
	
      The supplier should deliver the products to the
      designated location within the time limit specified in the contract.
    




	Inspection 	1. 	
      Inspections should be conducted by the two parties
      together. The purchaser could use un-inspected material to manufacture
      with the permission of the supplier and take relevant responsibilities.
      

		2. 	
      The supplier should take back non-conforming products and
      compensate the purchaser. The purchaser will keep custody of the
      non-conforming products before the problem is solved. If the products are
      lost or damaged during the custody period, the supplier will be
      responsible unless it is caused by the purchaser. 

	  	  	
       

	Unit Price 	1. 	
      The unit price is measured in US dollars. 

	  	2. 	
      Neither party can change the payment currency without
      negotiation. 

	  	3. 	
      The unit price can be negotiated and changed by approval
      of the two parties. 

		4. 	
      If the cost of the supplier changes significantly due to
      price fluctuation of raw materials, exchange rate fluctuation and
      manufacturing capacity, the unit price may be changed upon negotiation of
      the two parties. 

	 	 	
       






	Payment 	1. 	
      The payment of goods shall be made in cash twice a month.
      

		2. 	
      The purchaser should make the payment 45 days after the
      products are inspected and accepted and the invoices are received.
  

		3. 	
      The supplier should provide invoices within the time
      limit. If the supplier fails to provide invoices 6 months after delivery
      of products, the supplier is deemed to give up receiving any payment for
      the products. The supplier should give the purchaser a written notice 10
      days after the providing of invoices. 

		4. 	
      The purchaser will not make any payment except the
      payment specified in the contracts. The supplier will be deemed as giving
      up the interest, penalty and compensations, unless the supplier gives the
      purchaser a written notice in 30 days after the payment.





	Contract Term 	One year after the signing of the
      contract. 
	 	 
	Dispute Resolution 	Resort to the purchaser’s local
      court 


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