Unassociated Document


     

    Exhibit
10.28

     

    Property
Lease Agreement

     

    [Unofficial
Translation]

     

    Lessor
(hereinafter referred to as Party A) :Tianjin Binhai
TEDA Investment Services Ltd.

     

    Lessee
(hereinafter referred to as Party B) :Tianjin Shengkai
Industrial Technology Development Co., Ltd.

     

    In
accordance with relevant Chinese contracts laws, decrees and pertinent rules and
regulations, Party A and Party B have reached an agreement about the housing
rental through friendly consultation to conclude the following
contract.

     

    
      	
              1.

            	
              Party
      A will lease to Party B the premises owned by Party A, which is located at
      122 Dongting Road Room 1-325, Tianjin Development Zoneand the gross size
      of the leased premises is 12 square
meters.

            


    

    
      	
              2.

            	
              The
      term of the lease is 14 months, which is from Aug. 17 2010 to Oct. 16,
      2011.

            


    

    
      	
              3.

            	
              The
      purpose of use of the premises is
office.

            


    

    
      	
               
      

            	
              a.

            	
              Party
      B agrees to hang the business license and the tax registration
      certificate.

            


    

    
      	
               
      

            	
              b.

            	
              Party
      A's Enterprise Services Department will provide the public services for
      Party B. During the leasing period, Party A will handle the enterprise
      alteration and annual inspection (Party B will bear the enterprise
      alteration and annual inspection
cost).

            


    

    
      	
               
      

            	
              c.

            	
              Party
      A provides preferential tax agency services for Party
  B.

            


    

    
      	
               
      

            	
              d.

            	
              Party
      A will provide onsite service for Party
B

            


    

    
      	
               
      

            	
              e.

            	
              Party
      A ensures the exclusive lease to Party
B.

            


    

    
      	
              4.

            	
              the
      payment method of rental and other
fees

            


    

    
      	
               
      

            	
              a.

            	
              Party
      B pays the rent based on the gross size of the premises. The rent is RMB
      0.95/m2/day.
      The monthly rent is RMB 342. The annual rent is RMB
  4100.

            


    

    
      	
               
      

            	
              b.

            	
              Party
      B pays the utility fee based on the gross size of the
      premises.  The utility fee is RMB 0.2/m2/day.
      Party B pays the utility fee on the monthly
  base.

            


    

    
      	
              5.

            	
              Party
      B shall bear the responsibility to protect the rental premises'
      construction and decorations. Without the consent from Party A, Party B
      shall not remove or change the rental premises. If Party B found any
      quality problems of the premises' construction or decorations, Party B
      shall notify Party A in time.Party A shall deal with the problem as soon
      as Party A received the notification. If the maintenance cost is generated
      by the quality of the premises, Party A shall bear the cost. If the damage
      cost is generated by Party B, Party B shall take the full responsibility
      according to the extent of the
damage.

            


    

    
      	
              6.

            	
              Party
      B will not transfer the lease of the premises or share it without Party
      A's approval. If the circumstances mentioned above happened, Party A have
      the right to terminate the leasing agreement unilaterally. Party B shall
      operate the business legally. Party A has the right to ask Party B to
      compensate any damages generated by Party B’s illegal
      behaviors.

            


    

    
      	
              7.

            	
              If
      Party B wants to renew the contract, Party B shall make the request one
      month in advance. And we will sign a new
  contract.

            


    

    
      	
              8.

            	
              When
      we terminate the contract according to the agreement, Party B shall go to
      the Bureau of Industry and Commerce and tax authorities to change its
      address and move all of its equipment by the agreed end date. Otherwise,
      Party A has the right to ask Party B to pay the rent based on the days of
      delay and impose a double rent fine for the delay.  After
      contract expired, if Party B had not renewed contract or change the
      address, Party A has the right to suggest Bureau of Industry and Commerce
      and tax authorities to make certain
action.

            


    

    
      	
              9.

            	
              This
      contract will enter into force after it is sealed by both parties. After
      the expiration of the lease term, Party A's inspection, and the
      fulfillment of both parties' responsibilities, the contract will be
      terminated.

            


    

    
      	
              10.

            	
              Both
      parties will solve the disputes arising from execution of the contract or
      in connection with the contract through friendly consultation. In case the
      agreement cannot be reached, any party may summit the dispute to the court
      where the premises is located.

            


    

    
      	
              11.

            	
              There
      are 5 originals of this contract. Party A will hold 1 original, Party B
      will hold 4 originals.

            


    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Party A:
Tianjin Binhai TEDA Investment Services Ltd.

     

    Sealed

     

    Agent:

     

    Party B:
Tianjin Shengkai Industrial Technology Development Co., Ltd.

     

    Sealed

     

    Agent:

     

    Date of
Signature: Aug. 17, 2010.