EXHIBIT
      10.15

     

    Framework
      Agreement

    on

    Cooperation
      in Research and Development of Stability Technology for Offset Printing


    Machines
      and New Technologies

    


    Party
      A:
      DuoYuan Digital Printing Technology Industry (China) Co., Ltd.

    


    Party
      B:
      Beijing Aeronautic Manufacturing Technology Research Institute

     

    DuoYuan
      Digital Printing Technology Industry (China) Co., Ltd (“Party A”) is a wholly
      owned foreign venture engaged in digital printing and printing equipment and
      products, which has sound management, production and marketing resources and
      has
      particularly achieved remarkable results in the production and marketing of
      printing machines. 

     

    Beijing
      Aeronautic Manufacturing Technology Research Institute (“Party B”) is a
      nationally known mechanical and electrical product technology development
      center, which owns strong research and development capabilities and particularly
      possesses a leading position and represents the advanced level in such
      specialized domains as advanced electrical processing, special welding,
      manufacturing of structures made of compound materials, metal plate forming,
      machinery connection and assembling, and non-destructive detection. Both parties
      reach into the following Cooperation Agreement (the “Agreement”) based on
      friendly negotiation: 

     

    
      	
              1.

            	
              Both
                parties agree to carry out extensive cooperation with each other
                in the
                research and development of stability technology for offset printing
                machines and new technologies. 

            


    

     

    
      	
              2.

            	
              Party
                A agrees to provide Party B for free with 1 prototype offset printing
                machine for use by Party B for research and experiment purposes and
                Party
                B agrees to keep Party A duly informed of the research progresses
                it has
                made using the prototype machine supplied by Party A.
                

            


    

     

    
      	
              3.

            	
              Party
                A agrees to provide certain amount of funds to support further effort
                of
                Party B for researching stability technology for offset printing
                machines
                and new technologies, and is willing to act as the base for transformation
                and industrialization of the results of mechanical and electrical
                product
                stability research of Party B and provide all possible and necessary
                conditions in that regard, with specific implementing measures to
                be
                separately discussed and determined.


            


    

     

    
      	
              4.

            	
              Party
                B agrees to carry out pertinent research of mechanical and electrical
                product stability effect in the near future using the prototype offset
                printing machine supplied by Party A after making necessary improvements
                to the machine or imitating the configuration of the prototype machine
                and
                to prioritize Party A when considering transfer of its research results.
                

            


    

     

    
      	
              5.

            	
              Party
                B agrees to act as the technology supporter of Party A and further
                carry
                out the research and development of offset printing machine stability
                technology and new technologies with the support of Party A, with
                the
                specific implementing measures to be separately discussed and determined.
                

            


    

     

    
      	
              Party
                A: /s/ DuoYuan Digital Printing Technology Industry (China) Co.,
                Ltd.

            	
               

            	
              Party
                B: /s/ Beijing Aeronautic Manufacturing Technology Research
                Institute

            
	
               

            	
               

            	
               

            
	
              Address:
                #3 Jinyuan Road, Daxing Industrial Development Zone,
                Beijing

            	
               

            	
              Address:
                North of Baliqiao, Chaoyang District,
                Beijing

            


    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              Contact
                Person: Han Shuyue

            	
               

            	
              Contact
                Person: Liu Feifei 

            
	
               

            	
               

            	
               

            
	
              Person
                in Charge: Wang Jing’an

            	
               

            	
              Person
                in Charge: Zhong Min Lin 

            
	
               

            	
               

            	
               

            
	
              Date:
                May 16, 2005

            	
               

            	
              Date:
                May 16, 2005

            


    

     

    
      
        
        

      

      
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