Unassociated Document


    Exhibit
4.8

     

    Purchase
Contract

             


    
      
        
          	 
      	
                  Contract
      No.:

                
	 
      	
                  Signing
      Time:

                
	 
      	
                  Signing
      Place: Shanghai

                


        

      

    

    
      
        	
                Purchaser:
      (hereinafter referred to as “Party A”)

              	 
      	
                Supplier:
      (hereinafter referred to as “Party B”)

              
	
                Name:
      Taiyuan Basic Points Trading Co., Ltd.

              	 
      	
                Name:

              
	 
      	 
      	 
      
	
                Address:
      No. 405, Unit 2, No. 69 Building,

              	 
      	
                Address:

              
	
                Dongmi
      Shi Qu, Yingze District, Taiyuan

              	 
      	 
      
	
                City,
      Shanxi Province

              	 
      	
                Opening
      Bank:

              
	
                 

              	 
      	 
      
	
                      
                   

                

              	 
      	
                 Account
      No.:

              
	
                      
                  Postal
      Code: 030006

                

              	 
      	
                 Postal
      Code:

              
	
                 

              	 
      	
                 Tel.:

              


      

    

    Party A
and Party B hereby conclude and enter into this Contract through friendly
consultation.

     

    I.
Particulars of Goods:

     

    Name,
specifications, quantity, unit price and total price of the product are detailed
in the Attachment of Goods Supply Contents (including the electronic
form).

     

    II.
Packaging and Transport:

     

    Packaging
shall meet the transport requirements proposed by Party A. Party B shall be
liable for the loss caused by inappropriate packaging and responsible for
delivering goods (or consigning for shipment), with the transportation expenses
borne by Party A. Party B shall be liable for all risks before the goods are
actually delivered to the factory designated by Party A or Party A.

     

    III.
Delivery:

     

    The goods
shall be delivered to the delivery place explicitly designated by Party B on the
delivery date agreed on by both parties hereto.

     

    IV.
Product List and Quality Assurance:

     

    1.
Product List and Attachments: Lists that shall be attached to the products upon
delivery.

     

    2.
Product quality requirements: Subject to quality standards regulated by the
state.

     

    V.
Mode of Settlement:

     

    Payment
shall be remitted to the account designated by Party B on the stipulated date
(bill of exchange or telegraphic transfer).

     

    
      
         


      

      
         


        
          

        

      

      
         


      

    

     

    VI.
Liabilities for Breach of Contract:

     

    1. Where
Party B fails to deliver goods as scheduled, Party A shall be entitled to
dissolve the purchase order contract.

     

    2. Where
Party A finds that the quantity, quality and specifications of goods do not
comply the stipulations upon delivery, Party A shall be entitled to require
Party B to complement and exchange within seven (7) days (such period may be
extended with Party A’s consent).

     

    VII.
Mode of Dispute Resolution:

     

    Both
parties hereto shall firstly solve all disputes arising from the validity,
performance and construal of this Contract through friendly consultation. In
case of failure to solve such disputes through consultation, both parties may
file a lawsuit to the people’s courts of the places where both parties are
located.

     

    VIII.
Alteration or Dissolution of Contract:

     

    Both
parties hereto shall abide by this Contract strictly and may not alter or
dissolve this Contract without the written consensus of both
parties.

     

    IX.
Uncovered Matters of Contract

     

    In
respect of uncovered matters, both parties shall conclude and enter into another
written agreement which shall have equal legal effect to this
Contract.

     

    X.
Effectiveness and Miscellaneous

     

    1. This
Agreement shall be effective upon the signature and sealing of both parties,
with an effective period of three (3) years.

     

    2. This
Contract shall be made in two copies both of which have equal legal effect, with
each party holding one copy.

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            	
                                     

                                    Party
      A (seal)

                                  	
                                       
      

                                  	
                                     

                                    Party
      B (seal)

                                  	
                                  
	 	 
	
                                    Legal
      Representative or Authorized Consignor 

                                    (signature):

                                  	
                                    Legal
      Representative or Authorized Consignor 

                                    (signature):