Franklin
      Towers Enterprises, Inc.

    5
      Ash Drive

    Center
      Barnstead, New Hampshire 03225

     

    November
      28, 2007        


    Chongqing
      Wintus New Star Enterprises Group, Ltd.

    Room
      1812

    Metropolitan
      Tower, Yuzhong District

    Chongqing,
      China

     

    Re:
      Letter
      of Intent

    


    Gentlemen:

    


    This
      Letter of Intent (this “Agreement”) shall set forth our mutual agreement
      regarding a transaction (the “Transaction”) whereby Franklin Towers Enterprises,
      Inc. or a wholly-owned subsidiary (the “Buyer”) shall acquire all of the assets
      of Chongqing Wintus New Star Enterprises Group, Ltd., a limited liability
      company organized under the laws of the People’s Republic of China (the
“Seller”), including without limitation, fixed assets, real estate holdings,
      intellectual property and 100% of the issued and outstanding capital stock
      of
      the companies listed on Exhibit
      A,
      attached
      hereto (hereinafter referred to as the “Business”), in consideration for a
      purchase price to be mutually agreed upon after the Buyer has completed its
      due
      diligence investigation of the Seller and its assets. The purchase price will
      be
      payable in cash payments of an amount equivalent to one-third of the aggregate
      purchase price and in shares of commons stock of the Buyer equivalent to
      two-thirds of the aggregate purchase price. 

    


    The
      closing of
      the
      transactions contemplated by this Agreement is subject to the completion of
      the
      due diligence investigation, the execution and delivery of documentation
      appropriate for the Transaction in form and substance mutually acceptable to
      both parties, consents from the respective boards of directors of both companies
      and any third parties and the delivery of audited financial statements of the
      Seller in conformity with the rules and regulations of the Securities and
      Exchange Commission. Subject to the forgoing, it is the intent of the parties
      that definitive documentation with respect to the Transaction be executed and
      delivered and the closing shall occur on a date to be mutually agreed upon
      by
      the parties. The parties shall use their best efforts to achieve same.


    


    In
      consideration hereof, the Seller shall not, directly or indirectly, through
      any
      director, officer, member, manager, employee, agent, creditor, representative
      or
      otherwise (and each of said parties shall use reasonable efforts to insure
      such
      persons shall not directly or indirectly) (i) solicit, initiate or encourage
      the
      submission of inquiries, proposals or offers from any person or entity relating
      to (x) any business combination with respect to Seller or the business or assets
      of Seller; or (y) the sale of any of the assets and/or securities of Seller
      (an
      "Alternative Transaction"), (ii) enter into or participate in any
      negotiations, or initiate any discussions or continue any discussions initiated
      by others, regarding any Alternative Transaction, or furnish to any other person
      or entity any information with respect to the assets or business of Seller
      or
      its business for the purposes of pursuing a possible Alternative Transaction
      with any other party, or (iii) otherwise participate in, assist, facilitate
      or
      encourage any effort or attempt by any other person or entity to do any of
      the
      foregoing. Seller shall promptly notify the Buyer of any proposal or inquiry
      made to it or any of its directors, officers, members, managers, creditors,
      employees, agents, representatives, or otherwise with respect to any of the
      foregoing.


    
      
         

      

      
         

        
          

        

      

      
         

      

    


    Except
      as
      required by applicable law, neither party shall disclose nor permit its
      officers, representatives, agents or employees to discuss the existence or
      terms
      of this Agreement to any third party without the prior written consent of the
      other party. 

     

    The
      Seller shall enable the officers, independent certified public accountants,
      counsel, bankers and other representatives of the Buyer access to its
      properties, books, records, personnel, business and other commercial
      relationships, and will fully cooperate in order that the Buyer may have full
      opportunity to make such investigation as it reasonably desires to make of
      the
      Seller and its business.

    


    After
      the
      consummation of the Transaction, the Buyer agrees that the management team
      of
      Wintus will continue to operate the Business. 

    


    If
      the
      foregoing accurately sets forth our agreement, please execute where indicated
      below and return a fully executed copy of this Agreement to our attention,
      whereupon this Agreement shall become a valid and binding agreement between
      us.

    


    
      	
              FRANKLIN
                TOWERS ENTERPRISES, INC.

            
	 	 
	
              By:

            	
              /s/
                Kelly Fan

            
	 	
              Kelly
                Fan

            
	 	
              President
                and Chief Executive Officer

            


    

     

    
      	
              AGREED
                AND ACCEPTED:

            
	 
	
              CHONGQING
                WINTUS NEW STAR ENTERPRISES GROUP, LTD.

            
	 	 
	
              By:

            	
              /s/
                Lisa Wang

            
	 	
              Name:
                Lisa Wang

            
	
               

            	
              Title:
                Chairman

            


    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    


    EXHIBIT
      A

    


    
      	 	
              1.

            	
              Liangping
                (Chongqing) Hongmeida Silk and Textile Co.,
                Ltd.

            


    

    


    
      	 	
              2.

            	
              Wulong
                (Chongqing) Hongmeida Silk Co.,
                Ltd.

            


    

    


    
      	 	
              3.

            	
              Wulong
                (Chongqing) Xinxing Silk and Textile Co.,
                Ltd.

            


    

    


    
      	 	
              4.

            	
              Guangdong
                (China) Wanlifeng Textile dyeing and Finishing Co.,
                Ltd.

            


    

    


    
      	 	
              5.

            	
              Zhongshan
                (Guangdong) Fenghua Printing and Dyeing Co.,
                Ltd.

            


    

    


    
      	 	
              6.

            	
              Wuhua
                (Guangdong) Xinlong Printing and Dyeing Co.,
                Ltd.

            


    

    


    
      	 	
              7.

            	
              Zhongshan
                (Guangdong) Longsheng Garment Making Co.,
                Ltd