Exhibit
10.21


 


Processing
Agreement


 


	Client (hereafter “Party A”): 	Henan Jianyida Industrial Co., Ltd.




 


	Contractor (hereafter “Party B”): 	Zhongping Energy & Chemical Group Hongrui New Construction Materials
Co., Ltd.




 


Due
to limited workspace and production capacity, Party A intends to outsource the processing of aerated concrete bricks to Party
B. Based on negotiations, the parties hereby enter into the following agreement on matters relating to product processing in order
to protect interests of both parties.


 


Article
I. General


 


Party
A outsources the processing of aerated concrete bricks to Party B. Party A shall specify the requirements on quantity, model,
standard, quality of the processed products and shall provide Party B with raw materials for processing. The fees shall be determined
by the parties through negotiation.


 


If
Party A fails to provide Party B with sufficient supply of raw materials, Party B may use its own materials of the same type in
completing Party A’s order. The costs of using Party B’s raw material shall be calculated at end-of-the-month accounting
based on the market price of such materials.


 


Article
II.Processing and Delivery


 


Party
A shall send its employees to Party B’s location to take charge of the shipping and to oversee the mixing of the products.


 


Delivery:
The products shall be delivered in the manner required by Party A. Party A’s employees assigned to Party B’s location
shall take charge of the shipping.


 


Article
III.Responsibilities of Party A


 


		1.	Party
                                         A shall notify Party B, on a monthly basis, requirements on model, quantity, and specification
                                         of the products.



 


		2.	Party
                                         A shall have the right to review the production standards adopted by Party B, and to
                                         conduct quality inspection and give comments and advice.



 


		3.	Party
                                         A shall provide Party B with timely supply of raw materials and technical support.



 


		4.	Party
                                         A shall keep confidential Party B’s trade secrets.



 


*
The recipe of products produced under this Agreement is exclusively owned by Party A. Party B shall not use it for other clients
or disclose it to a third party.


 






    	 



    	 



    

 


Article
IV.Responsibilities of Party B


 


		1.	Party
                                         B shall follow Party A’s instructions closely in processing Party A’s products
                                         and meet Party A’s requirements.



 


		2.	Party
                                         B shall meet Party A’s requirements on quantity and quality of products and time
                                         of delivery. The standard of production adopted by Party B shall be in line with the
                                         industry standard.



 


		3.	Party
                                         B shall carefully administer the technical support provided by Party A and shall assume
                                         legal consequences for any damage caused to Party A due to Party B’s negligence.



 


		4.	Party
                                         B shall keep confidential Party A’s trade secrets.



 


Article
V.Payments and Location of Delivery


 


Party
A and Party B shall, on a monthly basis, reconcile accounts, verify the quantity of processed products and calculate the usage
of raw materials. Party A shall pay processing fee of RMB 5.50/unit.


 


Party
A shall make its clients promptly pick up their orders at Party B’s location. Party B shall ship products according to Party
A’s delivery order.


 


Article
VI.Acceptance


 


The
processed products shall meet government-set quality standards for related products.


 


Article
VII.Breach of Contract


 


		1.	If
                                         Party B fails to deliver the products in the time frame required by Party A, for each
                                         day past the deadline, Party B shall pay damage equals to 10% of the total cost of the
                                         raw materials. If Party A fails to take delivery of an order according to contract, Party
                                         B shall have the right to withhold Party A’s raw materials.



 


		2.	If
                                         Party B uses Party A’s techniques in production for a third party without prior
                                         consent of Party A, Party B shall pay damage in the amount of RMB 500,000 regardless
                                         of the quantity of products that have been produced using Party A’s techniques.
                                         Party A may also take legal actions against Party B.



 


		3.	Any
                                         party who breaches this Agreement shall pay penalty of RMB 500,000.



 






    	2



    	 



    

 


		4.	The
                                         non-breaching party shall have the right to terminate this Agreement.



 


		5.	If
                                         the performance of this Agreement cannot be complete due to any force majeure event,
                                         the parties may terminate this Agreement through negotiation.



 


Article
VIII.Term of Contract


 


This
Agreement is valid for 48 months, from March 1, 2011 to March 1, 2015. 


 


ArticleIX.


 


If
any dispute arises out of or in connection with this Agreement, the parties may resolve the dispute through negotiation. If the
dispute cannot be resolved through negotiation, the parties may seek arbitration by Henan Arbitration Committee.


 


Article
X.


 


This
Agreement is executed into two original duplicates. This Agreement shall take effect upon execution of authorized representatives
of the parties. 


 


Article
XI.


 


The
parties may enter into other agreements for any unsettled matters. 


 


Party
A: [Seal]


Signature:
/s/ CHENG Xinmin


Date:


 


Party
B: [Seal]


Signature:
/s/ ZHU Yanpo


Date:
January 8, 2011


 


 


3