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Exhibit 99.1

TERMINATION AGREEMENT

This Termination Agreement (the "Agreement") is made as of
October 22, 2010 (the Effective Date), by and between Heilongjiang Shuaiyi New
Energy Development Co., Ltd., a limited liability company duly and existing
under the laws of Peoples Republic of China (the PRC) (the "Borrower"), and
_____________, an individual citizen of the PRC (the "Lender").

RECITALS

A Loan Agreement and Promissory Note (the "Loan Agreement") was
made and entered into by and between the Borrower and the Lender on December 8,
2008.

NOW, THEREFORE, in consideration of the mutual promises and
covenants contained herein, and for other good and valuable consideration, the
Borrower and the Lender agreed as follows:

AGREEMENT

|A. | The Borrower and the Lender have agreed to terminate the
      Loan Agreement starting from the execution date hereof.                                                                                                                                                                                                              
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                     
|B. | The Borrower and the Lender shall not have any further
      rights or obligations under the Loan Agreement except for rights and
      obligations with respect to the provisions of Governing Law of the Loan
      Agreement after the execution date hereof.                                                                    
|   |                                                                                                                                                                                                                                                                                                                                     
|C. | This Agreement shall come into force from the execution
      date hereof.                                                                                                                                                                                                                                                          
|   |                                                                                                                                                                                                                                                                                                                                     
|D. | This Agreement, including all matters of construction,
      validity and performance, will in all respects be governed by, and
      interpreted in accordance with the laws of the PRC.                                                                                                                                           
|   |                                                                                                                                                                                                                                                                                                                                     
|E. | If any legal proceeding or other legal action relating to
      this Agreement is brought or otherwise initiated, the venue therefore will
      be in the PRC, which will be deemed to be a convenient forum. Each of the
      Parties hereby expressly and irrevocably consents and submits to the
      jurisdiction of the PRC.
|   |                                                                                                                                                                                                                                                                                                                                     
|F. | This Agreement is written in English and the English
      language will govern any interpretation of this
  Agreement.                                                                                                                                                                                                             

|   |                                                                                                                                                                            
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|G. | This Agreement may be executed in two counterparts, each
      of which constitutes an original and all of which, when taken together,
      will constitute one agreement.

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IN WITNESS WHEREOF, the Parties have caused this agreement to
be executed and delivered as of the date first set forth above.

Borrower: Heilongjiang Shuaiyi New Energy Development Co.,
Ltd.

By: ____________________________Mrs. Lianyun Han Its:
Legal Representative

Lender:

By: ____________________________[Name of Lender]

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