CONTRACT

     

    This
      contract is signed on October 10th, 2006 by the following parties.

    


    Party
      A:
      Wu Lan Cha Bu Emergency Hospital Center

    Party
      B:
      Beijing Liang Fang pharmaceutical Co. Ltd..

    


    Herein,
      Wu Lan Cha Bu Emergency Hospital Center (Party A) loaned 30 Million from Beijing
      Liang Fang pharmaceutical Co. Ltd. (Party B) for the construction of new
      hospital ward.

    


    Herein,
      both parties are the hospital construction blueprint’s attending parties. The
      purpose of this contract is to regulate and to supplement on this
      contract.

    


    Herein,
      both parties of this contract are effective artificial persons by Chinese Law,
      have the right to sign this contract and implement the rights and obligations
      of
      the terms underwritten in this contract.

    


    Hereby,
      in order to improve medical industry development, regulate medical market
      management activities, based on the principal of equal, beneficial-both parties,
      both parties agree to sign the following contract:

    


    
      	
              1)

            	
              General
                Principles

            


    

    1),
      According to PRC Corporation Law and other relating law and regulations, after
      both parties’ negotiation, Party B agree to lend 30 Million RMB to Party A.
      After the construction of new hospital ward, Party A assigned Party B to be
      the
      sole supplier for all the medicine and disposable medical devices. The
      cooperation period is 20 years. Party B agrees to provide a 5 years’ loan
      without bank interest.

    2),
      Both
      parties agree to afford the concerning obligations.

    
      	
              2,

            	
              Tenet,
                Business range and Location

            


    

    3),
      Hospital’s tenet is to provide service to public, take the responsibility to
      serve for health field, and to promote our country’s medical industry
      development.

    4),
      Hospital’s business range is: Synthetical Three A Hospital

    5),
      Hospital Location: Xin District, Wu Lan Cha Bu City, Inner-Mongolia

    
      	
              3,

            	
              Registration
                Capital, Cooperation period and Share holder’s
                fund

            


    

    6),
      Party
      A’s first period’s investment will be 90 Million RMB, within which 30 Million
      will be self-funding, 30 Million are loaned from China Bank, 30 Million RMB
      will
      loan from Party B.

    7),
      Share
      holder’s fund composition and sum

    a,
      Party
      A funds 100% of the capital, and will be 100% of the registration
      portion.

    b,
      Party
      B provide a loan of 30 Million RMB to Party A, will not take any share in new
      corporation.

    
      	4,	
              Organization

            


    

    8),
      The
      hospital will set up board of directors and supervision committee. The Board
      will be consisted of seven people, and six from Party A, one from Party B.
      Hospital will have one chairman of board (representative of corporation)
      assigned by Party A, one vice chairman of board, assigned by Party B.
      Supervision Committee will be consisted of two people, each party will assign
      one person. Hospital will set up management organization, and the hospital
      director will in charge of the operation and management. The director will
      be
      recommended by Party A and assigned by board of directors.

    9),
      the
      board will dictate to the management organizations with the asset accumulation
      and management technical directions and will sign assignment with management
      department, and each department will need to accomplish the task according
      to
      the directions.

    10),
      If
      operation management team could accomplish the annual management target, both
      parties shall not raise with any proposals that will be obstacle to hospital’s
      developing. If the management team can not accomplish the Annual management
      plan, then base on either party’s written requirement, the hospital can
      re-organize a new management team.

    11),
      The
      general loan’s sum shall be follow the National Law and regulations. And the
      hospital’s activities on loan, mortgage, etc, shall base on all board’s
      approval.

    
      	5,	
              Irresistible
                force

            


    

    12),
      Any
      Party experiences any unexpected irresistible force that results to contract’s
      implementation, that party should inform the other party in written letter
      based
      on the following situation within 15 days. Irresistible force includes:
      Government Admin Department’s policies or decisions that result to the project’s
      closure, merging or cancellation, etc. Or irresistible reason that cause the
      failure of agreement implementation, And must provide effective proof documents
      which had been provided from notarial office. And based on the effect on
      contract’s implementation, then both parties will negotiate with a resolution,
      or to exempt part of obligation, or postpone the contract’s implementing
      time.

    
      	6,	
              Dispute
                Resolution

            


    

    13),
      Any
      dispute in implementing shall be negotiated within two parties first; if failed,
      then both party agree to submit it to the local arbitration
      committee.

    14),
      During the arbitration process, except for the arbitrated portion, this contract
      shall be continuously implemented.

    
      	7,	
              Miscellaneous

            


    

    15),
      Any
      annex is the integral part of this agreement. The annex and this agreement
      are
      equally valid. Any documents concerning about each shareholder’s rights and
      obligations shall be in written form letter, except for their notification
      letter, fax. The address in this contract is the legal address of each
      shareholder.. if any modification, shall inform each shareholder 30 days
      earlier.

    16),
      This
      contract’s explanation and implementation shall be within the domination of
      PRC’s Law.

    17),
      Each
      party shall cooperate on other annex, additional contract, regulations and
      other
      document’s signature and implementing.

    18),
      This
      contract will be effect on both party legal representative’s
      signature.

    


    Party
      A(signature and seal): Wu Lan Cha Bu Emergency Hospital Center

    Party
      B(signature and seal): Beijing Liang Fang pharmaceutical Co. Ltd.