Document:

GUARANTY
      AGREEMENT

     

    This
      Guaranty Agreement (the "Agreement") is entered into as of December
      15th,
      2006,
      between the following two parties:

     

    PARTY
      A: JILIN CITY HAITIAN BUSINESS CONSULTING CO., LTD.

     

    LEGAL
      ADDRESS: No.1-3 South-hanyang Street, Longtan Economic Development Zone, Jilin
      City, China 

    

    PARTY
      B: JILIN HAITIAN INDUSTRIAL COMPANY, LTD.

     

    LEGAL
      ADDRESS: No.1-3 South-hanyang Street, Longtan Economic Development Zone, Jilin
      City, China

    

    PARTY
      C: WANG XITIAN

     

    LEGAL
      ADDRESS: No.1-3 South-hanyang Street, Longtan Economic Development Zone, Jilin
      City, China

    

    PARTY
      D: JILIN PROVINCE HUIZHENG VENTURE CAPITAL CO.

     

    LEGAL
      ADRESS: No.1-3 South-hanyang Street, Longtan Economic Development Zone, Jilin
      City, China

    

    WHEREAS,
      Party A
      is a wholly foreign owned enterprise registered in The People’s Republic of
      China (“PRC”) under the laws of the PRC; 

    

    WHEREAS,
      Party B
      is a domestic company with exclusively domestic capital registered in the PRC
      and is engaged in the business of manufacturing chemicals
      (“Business”);

     

    WHEREAS,
      Party A
      has established a business relationship with Party B by entering into an
      Exclusive Business Consulting Agreement dated as of the same date hereof
      (“Consulting Agreement”), an Operating Agreement dated as of the same date
      hereof (the “Operating Agreement”), and a Technology Consulting Services
      Agreement dated as of the same date hereof (“Technology Agreement”)
      (collectively the foregoing agreements are hereinafter referred to as the
“Affiliation Agreements”);

     

    WHEREAS,
      Party B
      is an affiliated Chinese entity of Party A; 

     

    WHEREAS,
      pursuant to the Affiliation Agreements between Party A and Party B, Party B
      shall pay Party A certain fees as set forth in the Affiliation Agreements,
      and
      Party B’s daily operations will have a material effect on its ability to pay the
      fees payable to Party A;

     

    WHEREAS,
      Party C
      presently owns 25.89% of the registered capital of Party B;

     

    WHEREAS,
      Party D
      presently owns 45.45% of the registered capital of Party B; and

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    WHEREAS,
      Parties
      C and D have agreed to guaranty all of the obligations of Party B to Party
      A
      under the Affiliation Agreements including Party B’s payment of fees to Party A
      in accordance with such agreements.

    

    NOW
      THEREFORE,
      Party
      A, Party B, Party C and Party D through negotiations hereby agree as
      follows:

    

    
      1.  Each
        of
        Party C and Party D hereby, jointly and separately, guaranty to Party A the
        full
        performance by Party B of each and every obligation of Party B under each
        of the
        Affiliation Agreements. Furthermore, this guaranty is effective on the date
        hereof whether or not Party B is in default under any obligations under any
        of
        the Affiliation Agreements. Moreover, in the event of a default by Party
        A under
        any of the Affiliation Agreements, Party A need not secure a judgment or
        pursue
        legal recourse against party B prior to enforcing this Guaranty against Parties
        C and D. 

    

    

    

    IN
      WITNESS THEREOF,
      the
      parties hereto have caused this Agreement to be duly executed on their behalf
      by
      a duly authorized representative as of the date first set forth
      above.

      

    PARTY
      A: JILIN CITY HAITIAN BUSINESS CONSULTING CO., LTD

     

    
      	 	 	 	 
	
              By:  /s/
                Wang Xitian 

            	 	 	
            
	
              
                

              

              Wang
                Xitian, Chairman and CEO

            	 	 	
            

    

     

     

    PARTY
      B: JILIN HAITIAN INDUSTRIAL COMPANY, LTD.

    
       

      
        	 	 	 	 
	
                
                  By:  /s/
                    Wang Xitian 

                

              	 	 	
              
	
                
                  

                

                
                  Wang
                    Xitian, Chairman and CEO

                

              	 	 	
              

      

       

       

    

    PARTY
      C: 

    
      
         

        
          	 	 	 	 
	
                  
                    
                       /s/
                        Wang Xitian

                    

                  

                	 	 	
                
	
                  
                    

                  

                  
                    
                      Wang
                        Xitian

                    

                  

                	 	 	
                

        

         

      

    

     

    PARTY
      D: JILIN
      PROVINCE HUIZHENG VENTURE CAPITAL CO.

    
      
         

        
          	 	 	 	 
	
                  
                    
                      By: 
                        /s/ Wang Xitian

                    

                  

                	 	 	
                
	
                  
                    

                  

                  
                    
                      Wang
                        Xitian, Chairman 

                    

                  

                	 	 	
                

        

         

        
          
            
            

          

          
            2Unassociated Document

    AGREEMENT
      FOR SERVICES

     

    This
      Agreement for Services ("Agreement") is entered into on,
      May 12, 2005, by and between
      Jilin Haitian Industry Co Limited ("JHI Co"), a Chinese corporation having
      its principal place of business in Jilin City China and Global
      Access Ventures, LLC
      ("Global Access"), having its principal office at New York, USA.

     

    WHEREAS
      JHI Co has engaged the services of Global Access to facilitate the listing
      of JHI Co corporate shares first on the OTCBB and then on the
      NASDAQ Small Cap market, depending on the satisfaction of the relevant listing
      requirements, through the execution of a business combination with a public
      company,

     

    The
      parties hereto agree as follows:

     

    	1.  	
            Engagement.
              JHI Co hereby engages Global Access and Global Access hereby agrees
              to hold themselves available to render advisory and professional services
              for the JHI Co
              and its affiliates regarding JHI Co's desire to become listed on
              the
              U.S. publicly traded markets via a
              business combination with a public company (“Public Company”). Global
              Access shall provide assistance and advice with respect to: (i) the
              Acquisiton of the Public Company, (ii) preparing filings required to
              be
              filed with governmental authorities in the U.S. ( especially the SEC
              and
              NASDAQ), (iii) the listing of the Public Company’s shares on the OTCBB and
              the NASDAQ small cap market after the Acquisition, (iv) arranging
              financing post-Acquisiton.

          

     

    	2.  	
            Duties
              of Global Access.
              Global Access shall hold themselves available to render and shall render
              at the request
              of JHI Co from time to time advisory services in connection with their
              efforts
              to become a publicly traded Company on the U.S. equity markets through
              the
              business combination as described below.
              The specific
              tasks to be performed and the services to be provided are listed in
              Attachment A.

          

     

    	3.  	
            The
              Acquisition.
              Public Company
              will issue its shares in exchange for all of the outstanding capital
              stock
              of JHI Co The Public Company will be clean and free of liabilities
              as a
              result of having its liabilities discharged by the Bankruptcy Court.
              Global Access acknowledges that the Public Company will also have no
              operations and no legal disputes. The shares to be issued by Public
              Company to JHI Co and Global Access will represent 90% of Public Company’s
              outstanding stock after the acquisition. After the acquisition the
              present
              shareholders of JHI Co will own 76.5% of the stock of the combined
              companies, Global Access will own 13.5% of the outstanding stock (as
              a
              result of the shares to be issued to Global Access as described in
              paragraph 7
              below), and public shareholders and others will own 10% of the
              stock.

          

     

    	4.  	
            Information
              and services to be provided by JHI Co.
              JHI Co will be responsible for providing all
              necessary information
              required for Global Access (and for the public company) to complete
              a "due
              diligence" examination of JHI Co before
              the business combination and to complete all disclosure documents and
              related information required for Public Company to fully and accurately
              report the acquisition to the United States and Exchange Commission
              and
              for all other required filings with the Securities and Exchange Commission
              and the National Association of Securities Dealers, Inc. JHI
              Co
              will also be responsible to retain and provide Public Company and its
              attorneys with access to:

          

     

    	·  	
            an
              appropriate contact person who is fluent in both English and the Chinese
              language primarily used by JHI
              Co,

          

     

    	·  	
            auditors
              who are registered with the United States Public Accounting Oversight
              Board, familiar with the requirements of Regulation S-X and other
              accounting and auditing requirements of the Securities and Exchange
              Commission, and capable of providing audited financial statements of
              JHI
              Co complying
              with US generally accepted accounting principles,
              and

          

     

    	·  	
            local
              attorneys in China who are fluent in
              English.

          

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    JHI
      Co acknowledges
      that any unreasonable delay in providing such services and documents
      may delay the completion of the business combination.

     

    	5.  	
            Term.
              The term of this Agreement
              shall begin as of the date of this Agreement and shall continue
              without interruption until the Public Company’s shares are listed first on
              the OTC.BB and then on the NASDAQ Small Cap market, depending on the
              satisfaction of the relevant listing
              requirements.

          

     

    	6.  	
            Compensation
              for Services.
              As compensation for all services rendered by Global Access under
              this Agreement, JHI Co shall pay Global Access the sum of $300,000
              USD
              in installments as follows:

          

     

    	·  	
            JHI
              Co shall pay Global Access
              a retainer of $150,000 USD to conduct an extensive due diligence review
              and assist JHI Co in developing a
              company business plan. 

          

     

    	·  	
            JHI
              Co has been examined by Global Access. Global Access confirms that
              JHI Co
              is a good candidate for going public in the United States. The retainer
              is
              due in full at the time this Agreement is signed. In addition, it is
              agreed by all parties
              that the retainer is deemed as non-refundable and fully earned upon
              receipt. Global
              Access will start the due diligence works after the retainer is paid
              in
              full.

          

     

    	·  	
            A
              second services fee of $100,000
              USD is due in full within 15 days from the date the disclosure statement
              is filed with the SEC.

          

     

    	·  	
            A
              final services fee of $50,000 USD is due in full no later than 5 days
              after the Company
              is publicly traded. Note: Any delay in this final payment may delay
              the
              start
              of the Investor Relations program conducted by one or more Investor
              Relations firms.

          

     

    	7.  	
            Distribution
              of Company Shares.
              JHI Co shall distribute and fully transfer to Global
              Access the total of fifteen percent (15%) of the total outstanding
              shares
              that are issued
              to JHI Co by Public Company.

          

     

    	·  	
            The
              shares shall carry a "Restricted"
              legend in accordance with SEC Regulation
              D.

          

     

    	·  	
            The
              shares shall be fully transferred
              by Stock Transfer Agent on the date the Company enters
              the public market.

          

     

    	·  	
            All
              shares are deemed fully
              earned upon receipt.

          

     

    	8.  	
            Reimbursement
              of certain expenses. JHI
              Co will reimburse Global Access for the following
              expenses.

          

     

    	·  	
            Costs
              and expenses of reorganization of the Public Company -- $200,000. This
              fee
              will be payable as follows:

          

    

    	·  	
            $100,000
              upon signing this Agreement

          

     

    	·  	
            $100,000
              on filing of the disclosure statement

          

     

    	·  	
            Legal
              fees of the attorneys who prepare the disclosure statement, and other
              bankruptcy related items -- $80,000. This fee will be payable as
              follows:

          

    

    	·  	
            $40,000
              upon signing this Agreement,

          

     

    	·  	
            $40,000
              upon completion of the business combination with Public
              Company.

          

     

    	·  	
            Accounting
              firm's fee to perform the audit of JHI Co’s financial statements--
              $80,000. This fee
              will be payable as follows:

          

    

    	·  	
            $40,000
              upon signing this Agreement,

          

     

    	·  	
            $40,000
              when audit is completed and JHI Co provides signature and acceptance
              of
              audit.

          

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    	9.  	
            Deposit
              of fees and expenses.
              Upon signing this Agreement, JHI Co will pay the initial retainer due
              to
              Global Access ($150,000USD), together with the initial payment with
              respect to reorganization of Public Company ($100,000USD) and Legal
              fees
              ($40,000USD), and Accountant fees ($40,000USD) described above. The
              total
              sum due to begin services is $330,000USD and shall be deposited into
              an
              attorney’s escrow account to be disbursed as we may direct. Should the
              transaction not be completed, JHI Co will be entitled to an immediate
              return of all amounts that have not become earned or expensed as described
              above.

          

     

    	10.  	
            Termination
              of the Agreement.
              During the due diligence phase, if Global Access discovers material
              differences in the project from
              those previously disclosed by JHI Co,
              or any conditions that constitute fraud and/or negligence on the part
              of
              JHI Co
              or any of its associates or any other occurrence that would make cause
              to
              jeopardize
              and/or put additional risks on the successful completion of the business
              combination (collectively
              "adverse conditions"), Global Access holds the unconditional right
              to
              withdraw its
              services and make the Agreement null and void without consequence to
              Global Access. Such
              withdrawal right will not apply in the absence of a discovery of an
              adverse condition by Global
              Access.

          

     

    	11.  	
            Disclosure
              of Information.
              Global Access shall not disclose or appropriate any secret or confidential
              information of JHI Co

          

     

    	12.  	
            Modification
              of Agreement.
              This Agreement may not be modified by the parties hereto only by
              a written supplemental agreement executed by both
              parties.

          

     

    	13.  	
            Financial
              Condition of Public Company.
              On consummation of the acquisition, the Public Company will have the
              following attributes: (1) there will be no pending litigation or
              threatened litigation against the Public Company , (2) it shall have
              maintained reasonable business and other records in connection with
              its
              previous activities, (3) it shall have no operations, no debts, of
              any
              type whatsoever, (4) JHI Co shall have approved the number of shareholders
              on consummation of the acquisition, and (5) there shall be no contingent
              liabilities or undisclosed beneficial owners . Items 1 and 3 shall
              be
              certified by an Attorney in the U.S.

          

     

    	14.  	
            Notice.
              Any notice required or permitted to be given hereunder shall be sufficient
              if in writing,
              and if sent by registered or certified mail, postage prepaid, addressed
              as
              follows:

          

     

    If
      to JHI:

     

    ___________________________

    (Address)

     

    Attention:
      ___________________, Chairman

     

     

     

    If
      to Global Access;

     

    Global
      Access Ventures 

    c/o
      Eaton & Van Winkle LLP

    3
      Park Avenue

    New
      York, NY 10016

    

    Attention:
      Joseph L. Cannella.

     

    Or
      to such other address as the parties hereto may specify, in writing, from time
      to time.

     

    	15.  	
            Waiver
              of Breach and Concerning
              Compensation.
              The waiver by either party of any breach of
              any provision of this Agreement shall not operate or be construed as
              a
              waiver of any subsequent
              breach.

          

     

    	16.  	
            Governing
              Law.
              This Agreement and its interpretation, validity and performance shall
              be
              construed
              and enforced in accordance with the laws of the State of New York,
              USA.

          

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    	17.  	
            Additional
              Understandings.
              JHI Co understands that in order to create and maintain an active market
              in its shares, JHI Co will need to retain an investor relations firm
              to
              introduce JHI Co to, and arrange meetings with, key financial
              decision-makers, and disseminate information about JHI Co's business
              to
              the investment community, and that JHI Co will need to make its management
              available for, and cooperate with, the investor relations firm in carrying
              out those activities. Fees for an investor relations firm are estimated
              to
              be $10,000 per month.

          

     

    	18.  	
            Entire
              Agreement.
              This Agreement contains
              the entire contract of the parties with respect to the
              subject matter hereof and supersedes all agreements and understandings
              between the parties
              concerning the subject matter hereof.

          

     

    	19.  	
            Dual
              Language.
              This Agreement has been prepared in both English and Chinese versions,
              which are intended to be substantially identical in meaning. The parties
              agree that both versions have equal legal
              effect.

          

     

    IN
      WITNESS WHEREOF, JHI Co has caused this Agreement to be signed by its
corporate
      officer thereto duly authorized, and Global Access has signed this Agreement,
      all as of the date first above written.

     

     

    JHI
      Co:

     

     

    By: /s/
      Wang
      Xitian                                         

    Wang
      Xitian, Chairman

    Chief
      Executive Officer

    Date:
      May 12, 2006

     

     

     

    Global
      Access Ventures:

     

    

    By: /s/
      Edward J. Cohan,
      Jr.                             

    Edward
      J. Cohan, Jr., Chairman

     

    Date:
      May 12, 2006

     

    
      
         

      

      
        4

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