Document:

EXHIBIT
      4.30

     

    Mortgage
      Contract

     

    China
      Construction Bank Corporation

    Beijing
      Branch

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.30

    

      Contract
        No.: Year 2006 Zi 123010 No. 018

    

     

    
      
        	
                Mortgagor
                  (Party A): Beijing Origin Seed Limited

              	 	 
	
                Domicile:
                  20 Shangdi Xinxi Road, Haidian District, Beijing

              	 	
                Postal
                  Code: 100085

              
	 	 	 
	
                Legal
                  Representative (person in charge): Gengchen Han

              	 	 
	
                Fax:
                  58907520

              	 	
                Telephone:
                  58907520

              
	 	 	 
	
                Mortgagee
                  (Party B): China Construction Bank Corporation Beijing Shangdi
                  Sub-Branch

              	 	 
	
                Domicile:
                  28 Shangdi Xinxi Road, Haidian District, Beijing

              	 	
                Postal
                  Code: 100085

              
	 	 	 
	
                Legal
                  Representative (person in charge): Qi Xue

              	 	 
	
                Fax:
                  62967190

              	 	
                Telephone:
                  62967190

              

      

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.30

     

    Mortgagor
      (hereinafter referred to as “Party A”): Beijing
      Origin Seed Limited.

     

    Mortgagee
      (hereinafter referred to as “Party B”): China
      Construction Bank Corporation Beijing Shangdi Sub-Branch

     

    In
      order
      to ensure the execution of the “Renminbi
      Capital Loan Contract”
      (hereinafter referred to as the “Master Contract”) between Beijing
      Origin Seed Limited.
      (hereinafter referred to as the “Debtor”) and Party B (contract no.: Year 2006
      Zi 123010 No.018) and the realization of creditor’s right of Party B, Party A
      desires to provide mortgage to secure the creditor’s right formed under the
      Master Contract between Party B and the Debtor. According to relevant laws,
      regulations and rules, Party A and Party B, upon negotiation, enter into this
      Contract for their mutual compliance and performance. 

     

    Article
      1 Collateral
      

     

    Party
      A
      creates a mortgage on the property described in the “Collateral Schedule”
provided in Article 16 of this Contract.

     

    Party
      A
      undertakes that it has the ownership of or the right to dispose of the
      collateral according to the laws.

     

    Party
      A
      undertakes that the collateral is not subject to any ownership dispute,
      attachment or seizure.

     

    Article
      2 Scope
      of
      Security

     

    The
      principal amount of (Say) TWENTY-ONE
      MILLION YUAN
      in
Renminbi
      (currency) and interest (including compound interest and penalty interest),
      liquidated damages, indemnity, relevant expenses prepaid by Party B and all
      expenses incurred from Party B’s realization of the creditor’s right and
      mortgage (including, but not limited to, litigation costs, arbitration costs,
      attachment costs, traveling expenses, execution expenses, assessment fees,
      auction fees).

     

    If
      the Debtor fails to fulfill its obligations under the Master Contract, Party
      B
      shall have the right to require Party A directly to undertake its liability
      within the scope of security, regardless of any other security (including,
      but
      not limited to, guarantee, mortgage, pledge, letter of guarantee or standby
      letter of credit) Party B may have with respect to the creditor’s right under
      the Master Contract.

     

    Article
      3 Term
      of
      Mortgage

     

    The
      mortgage shall continue for two years after the date the limitation of actions
      with respect to the secured creditor’s right expires.

     

    Article
      4 Changes
      to the Secured Master Contract 

     

    Party
      A acknowledges that Party A’s prior consent shall be deemed to have been
      obtained if Party B and the Debtor make changes to the clauses of the Master
      Contract by agreement and Party A’s liability of guarantee shall not be reduced
      or exempted, except for the following two circumstances:

     

    (1) extension
      of the term for fulfilling its obligations;

     

    (2) increase
      of the principal amount under the creditor’s right.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.30

     

    Article
      5 Independency

     

    This
      Contract shall be independent of the Master Contract in terms of its validity
      and not be affected by the invalidity of the Master Contract. If the Master
      Contract is determined to be invalid, then Party A shall still hold liable
      for
      the debt of the Debtor with the collateral, which debt may arise from
      restitution of property or compensation for losses.

     

    Article
      6 Custody
      of the Collateral

     

    As
      long
      as the mortgage continues to exist, Party A shall be obligated to take proper
      care of the collateral, prevent it from being damaged and accept Party B’s
      inspection from time to time. In case of any damage to or loss of the collateral
      or other circumstances under which the collateral is obviously decreased in
      value, Party B shall be notified promptly and provided other security equivalent
      in value to any shortage in the collateral within 20
      bank
      business days.

     

    Article
      7 Insurance
      of the Collateral

     

    As
      long
      as the mortgage continues to exist, Party A shall take a property insurance
      for
      the collateral with such insurance type and insured amount as designated by
      Party B and required by relevant laws. The insurance term shall be [blank]
      months
      longer than the term required for the performance of the Master Contract. During
      the insurance term, Party A shall not suspend or revoke the insurance for any
      reasons whatsoever.

     

    As
      long
      as the mortgage continues to exist, the original insurance policy shall be
      kept
      by Party B.

     

    Party
      A
      shall require the insurer to identify in the insurance policy that Party B
      is
      the preferred payee (i.e., the first beneficiary) of the insurance. In case
      of
      insurance accident, the insurer shall directly remit the insurance indemnity
      to
      an account designated by Party B. If the collateral has been insured already
      without identifying Party B as a preferred payee, the preferred payee shall
      be
      changed to Party B. 

     

    Party
      A
      agrees that Party B may select any of the following methods to handle the
      insurance indemnity and will assist Party B in completing relevant
      procedures:

     

    
      	
              (1)

            	
              to
                pay off or pay off in advance the principal and interest and relevant
                expenses under the Master Contract;

            

    

     

    
      	
              (2)

            	
              to
                convert it into a fixed-term deposit and pledge the certificate of
                deposit;

            

    

     

    
      	
              (3)

            	
              to
                use it to repair the collateral and restore its value upon Party
                B’s
                consent;

            

    

     

    
      	
              (4)

            	
              to
                submit it to a third party designated by Party
                B;

            

    

     

    
      	
              (5)

            	
              to
                dispose of it at Party B’s own discretion after Party A provides new
                security as required by Party B.

            

    

     

    Article
      8 Third
      Party’s Damages

     

    As
      long
      as the mortgage continues to exist, the damages shall be deposited into an
      account designated by Party B if the collateral is decreased in value as a
      result of a third party’s acts. Party A agrees that Party B may select any of
      the following methods to handle the damages and will assist Party B in
      completing relevant procedures:

     

    
      	
              (1)

            	
              to
                pay off or pay off in advance the principal and interest and relevant
                expenses under the Master Contract;

            

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.30

     

    
      	
              (2)

            	
              to
                convert it into a fixed-term deposit and pledge the certificate of
                deposit;

            

    

     

    
      	
              (3)

            	
              to
                use it to repair the collateral and restore its value upon Party
                B’s
                consent;

            

    

     

    
      	
              (4)

            	
              to
                submit it to a third party designated by Party
                B;

            

    

     

    
      	
              (5)

            	
              to
                dispose of the damages at Party B’s own discretion after Party A provides
                new security as required by Party
                B.

            

    

     

    As
      long
      as the mortgage continues to exist, Party A shall provide new security
      acceptable to Party B if the collateral is not enough in value to pay off the
      principal and interest and relevant expenses under the Master Contract as a
      result of a third party’s acts. Any portion of the collateral that is not
      decreased in value shall still be used to secure the creditor’s
      right.

     

    Article
      9 Disposal
      of the Collateral

     

    
      	
              1.

            	
              As
                long as the mortgage continues to exist, Party A shall not donate,
                transfer, lease, mortgage repeatedly, remove or otherwise dispose
                of the
                collateral under this Contract without Party B’s written
                consent.

            

    

     

    
      	
              2.

            	
              As
                long as the mortgage continues to exist, Party A shall obtain Party
                B’s
                written consent in advance of its disposal of the collateral. Party
                A
                agrees that Party B shall have the right to select any of the following
                methods to handle the proceeds from the disposal of the
                collateral:

            

    

     

    
      	 	
              (1)

            	
              to
                pay off or pay off in advance the principal and interest and relevant
                expenses under the Master Contract;

            

    

     

    
      	 	
              (2)

            	
              to
                convert them into fixed-term deposit and pledge the certificate of
                deposit;

            

    

     

    
      	 	
              (3)

            	
              to
                submit them to a third party designated by Party
                B;

            

    

     

    
      	 	
              (4)

            	
              to
                dispose of the proceeds at Party B’s own discretion after Party A provides
                new security as required by Party
                B.

            

    

     

    Article
      10 Realization
      of the Mortgage

     

    Party
      A
      agrees that Party B shall have the right to duly sell the collateral by action,
      sell off the collateral, or convert the collateral into money upon agreement,
      if:

     

    
      	
              (1)

            	
              Party
                B has not been paid when the term for discharging all or part of
                the
                principal or interest under the Master Contract
                expires;

            

    

     

    
      	
              (2)

            	
              other
                circumstances under which Party B may realize its creditor’s right in
                advance under the Master Contract.

            

    

     

    Article
      11 Breach
      of
      Contract and its Handling

     

    As
      long
      as the mortgage continues to exist, Party B shall have the right to require
      Party A to rectify its breach, provide corresponding security and indemnify
      Party B against losses within a limited period and to dispose of the collateral
      in advance if Party A is in breach of Article 1, Article 6, Article 7, Article
      8
      or Article 9 hereunder.

     

    Party
      A
      agrees that Party B shall have the right to select any of the following methods
      to handle the proceeds from the disposal of the collateral:

     

    (1) to
      pay
      off or pay off in advance the principal and interest and relevant expenses
      under
      the Master Contract;

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.30

     

    (2) to
      convert them into fixed-term deposit and pledge the certificate of
      deposit;

     

    (3) to
      submit
      them to a third party designated by Party B;

     

    (4) to
      dispose of the proceeds at Party B’s own discretion after Party A provides new
      security as required by Party B.

     

    Article
      12 Registration
      and Revocation of the Collateral

     

    If
      the
      collateral shall be registered according to the laws, the two Parties shall
      complete the registration of the collateral with appropriate registration
      department upon the execution of this Contract. Party A shall, as of the date
      of
      this Contract, submit to Party B the certificate of encumbrance, original
      mortgage registration document and other right certificates with respect to
      the
      collateral.

     

    When
      all
      debts under the Master Contract and this Contract are paid off, Party B shall
      promptly cancel the registration of the mortgage together with Party
      A.

     

    Article
      13 Expenses

     

    Expenses
      with respect to assessment, notarization, insurance, registration, appraisal,
      custody and submission hereunder shall be borne by Party A.

     

    Article
      14 Other
      terms agreed by the two Parties:

     

    
      	
              1.

            	
              The
                Mortgagor is fully aware of the risks associated with the interest
                rate.
                If the floating interest rate is applied to the Master Contract,
                the
                Mortgagor is willing to assume such additional liability as may be
                increased due to the floating interest
                rate;

            

    

     

    
      	
              2.

            	
              [intentionally
                left blank]_______________________________________________;

            

    

     

    
      	3.	
              [intentionally
                left blank]_______________________________________________.

            

    

     

    Article
      15 Settlement
      of Dispute

     

    Any
      dispute arising from the performance of this Contract may be settled through
      negotiation. If no settlement could be reached, the dispute shall be dealt
      with
      according to (1) below:

     

    
      	(1)	
              to
                bring a lawsuit to the People’s Court where Party B is located;
                or

            

    

     

    
      	
              (2)

            	
              to
                submit the dispute to [intentionally
                left blank]
                Arbitration Commission (the place of arbitration is [intentionally
                left blank])
                for arbitration according to its arbitration rules then effective
                at the
                time of submission. The arbitration award shall be final and binding
                on
                the two Parties.

            

    

     

    In
      the
      course of lawsuit or arbitration, the Parties shall continue to perform those
      provisions in this Contract which are not under dispute.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.30

     

    Article
      16 Collateral
      Schedule

     

    The
      collateral schedule is as follows:

     

    Collateral
      Schedule

    

      
        	
                Name
                  of the Collateral

              	 	
                Title
                  Certificate and No.

              	 	
                 

                Domicile

              	 	
                Value
                  Indicated in the Invoice of the Collateral (yuan)

              	 	
                Assessed
                  Value of the Collateral (yuan)

              	 	
                Amount
                  of Mortgage Created for Other Creditor’s Right

                (yuan)

              	 	
                 

                 

                Remarks

              
	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                Plot
                  No. 20 in the Life Science Park of Zhongguancun (construction in
                  process)

              	 	
                Certificate
                  For
                  The Use of State-owned Land (Jing Chang Guo Yong 2004 Zi No.
                  054)

              	 	
                Life
                  Science Park of Zhongguancun

              	 	
                [blank]

              	 	
                42,720,000

              	 	 	 	
                [blank]

              
	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                Plot
                  No. 20 in the Life Science Park of Zhongguancun (real estate of
                  construction in process)

              	 	
                [blank]

              	 	
                [blank]

              	 	
                [blank]

              	 	
                25,000,000

              	 	
                22,000,000

              	 	
                [blank]

              

      

    

     

    Article
      17 This
      Contract shall become effective upon the satisfaction of the following
      conditions:

     

    
      	
              1.

            	
              This
                Contract is signed by Party A’s legal representative (person in charge) or
                authorized representative or stamped with its corporate seal (if
                Party A
                is a natural person, then only signature is required) and signed
                by Party
                B’s person in charge or authorized representative and stamped with
                its
                corporate seal.

            

    

     

    
      	
              2.

            	
              The
                collateral described in the “Collateral Schedule” hereunder is duly
                registered according to the laws if so
                required.

            

    

     

    Article
      18 This
      Contract shall be made in five
      counterparts.

     

    Article
      19 Representations

     

    
      	
              1.

            	
              Party
                A is fully aware of Party B’s business scope and scope of
                authority.

            

    

     

    
      	
              2.

            	
              Party
                B has perused each clause in this Contract, especially clauses in
                bold. As
                requested by Party A, Party B has explained correspondingly clauses
                in
                this Contract. Party A is fully aware of and understands the meaning
                and
                corresponding legal consequences of each clause in this
                Contract.

            

    

     

    
      	3.	
              Party
                A has the right to sign this Contract.

            

    

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.30

     

    Party
      A
      (corporate seal): Beijing Origin Seed Limited

     

    Legal
      representative (person in charge) or authorized representative (signature):
      

     

    
      	 	 	 	 
	
              /s/
                Gengchen Han

            	 	 	
            
	
              

            	 	 	
            
	
              /s/
                CORPORATE SEAL

            	 	 	
            
	
              

              July
                18, 2006

            	 	 	 

    

     

    Party
      B
      (corporate seal): China Construction Bank Corporation Beijing Shangdi
      Sub-Branch

     

    Legal
      representative (person in charge) or authorized representative (signature):
      

     

    
       

      
        	 	 	 	 
	
                /s/
                  Qi Xue

              	 	 	
              
	
                

              	 	 	
              
	
                /s/
                  CORPORATE SEAL

              	 	 	
              
	
                

              	 	 	 
	
                July
                  18, 2006

              	 	 	 

      

    

     

    
      
        
        

      

      
        7EXHIBIT
      4.31

    4-004
       
      No.0019304

     

    Loan
      Contract

    

    Bank
      of Beijing Limited Supervised

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      EXHIBIT
        4.31

    

     

    Borrower
      (hereinafter referred to as “Party A”): Beijing
      Origin Seed Limited.

     

    Domicile:
      Zhongguancun Developement Plaza Area E 201-207, 20 Shangdi Xinxi Road, Haidian
      District, Beijing 

     

    Postal
      Code: 100085

     

    Organization
      Code o63373454 o9

     

    Legal
      Representative: Gengchen Han

     

    Telephone:
      010-58907588

     

    Fax:
      010-58907599

     

    Opening
      bank oBank
      of Beijing Shangdi Sub-Branch

     

    Account
      No. o01090946300120102005014

     

    Lender
      (hereinafter referred to as “Party B”): Bank
      of Beijing Limited Shangdi Sub-Branch

     

    Domicile:
      International Science&Technology Pioneer Park, 01 Shangdi Xinxi Road,
      Haidian District, Beijing 

     

    Postal
      Code: 100085

     

    Organization
      Code o80154192ó3

     

    Legal
      Representative (person in charge): Dailu Geng

     

    Telephone:
      010-82895592 

     

    Fax:
      010-82895590 

     

    According
      to relevant laws, regulations and rules, Party A and Party B, upon negotiation,
      enter into this Contract for their mutual compliance and
      performance.

     

    Chapter
      One Category of Money Borrowed

     

    Article
      1
      Under
      this Contract Party B agree to provide Party A with short-term
      loan (short-term
      loan/mid-term loan/long-term loan)

     

    Chapter
      Two Purpose of Money Borrowed

     

    Article
      2
      Money
      borrowed hereunder shall be used for the purpose of complementary
      working capital and raw materials purchase.
      Without
      Party B’s written agreement, Party A shall not alter the purpose of money
      borrowed. 

     

    Chapter
      Three Amount and Term of Money Borrowed

     

    Article
      3
      The
      amount of money borrowed is (Say) ONE
      HUNDRED MILLION YUAN
      in
Renminbi
      (currency)

     

    Article
      4
      The term
      of the money borrowed is ONE
      year
      commencing from September
      14, 2006
      and
      ending on September
      14, 2007.
      

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.31

     

    Article
      5 Prior
      to
      the termination of the aforesaid money borrowed, if the term of the money
      borrowed need to be extended in the opinion of Party A, Party A shall submit
      to
      Party B “Loan Extension Application” 30 days before the termination of the loan.
      By consent of Party B, “Loan Extension Agreement” shall be signed by Party A,
      Party B and guarantor.

     

    Chapter
      Four Interest Rate and Interest of Money Borrowed

     

    Article
      6 Interest Rate of Money Borrowed

     

    6.1
      The
      interest rate of the loan hereunder shall be a monthly
      interest
      rate at 5.61‰ and
      an
annual
      interest
      rate at 6.732%.
      

     

    6.2
      The
      interest rate of the mid-term & long-term loan shall be an annually interest
      rate, subject to the official rate on the commence date of the loan term
      hereunder and accordingly the next year’s interest rate of the loan shall be
      subject to the rate for loans of same grade on the starting date of the new
      term
      and not be deemed as modification to this Contract.

     

    6.3
      During
      valid term of this Contract, in case that any adjustment of interest rate or
      the
interest
      rate fixed measure
      applicable to this Contract would be announced by the People’s Bank of China,
      the interest rate of the loan shall be adjusted pursuant to the foregoing
      provisions and shall not be deemed as modification to this
      Contract.

     

    Article
      7 Interest

     

    7.1
      The
      interest starting date of the loan is the date when the loan is deposited into
      Party A’s account. The interest shall be accrued on a daily
      basis
      and
      settled on a quarterly
      basis
      for the loan hereunder and the interest settlement date shall be the 20th of
      last month of every quarter.

     

    7.2
      If
      the
      settlement of interest meets the non-business day of Party B, it shall be
      postponed to the next business day of Party B.

     

    7.3
      Where
      Party A repay the principal of the loan, all interest accrued shall be paid
      at
      the time of final repayment of the loan, and Party A may not be subject to
      Article
      7.

     

    7.4
      If
      Party
      A fails to pay accrued interest due, a compound interest shall be accrued
      pursuant to the related provisions of the People’s Bank of China.

     

    7.5
      During
      the implementation of this Contract, in case that provisions relate to the
      methods of calculating interest would be announced by the People’s Bank of China
      and apply to the loan hereunder, Party B shall put it into enforcement pursuant
      to the foregoing provisions without note to Party A and shall not be deemed
      as
      modification to this Contract.

     

    Chapter
      Five Advance and use of Money Borrowed

     

    Article
      8 Party
      B
      has no obligations to advance the loan hereunder, unless upon the satisfaction
      of preconditions as follows:

     

    8.1
      Each
      time
      of drawing the loan, Party A shall have completed related loan certificate
      and
      provided documents and materials relate to the loan hereunder upon Party B’s
      demand.

     

    8.2
      If
      a
      security is created for this Contract, Party A shall have completed legal
      procedures of the surety contract e.g. the notarization and/or registration
      of
      it according to Party B’s demand and make sure the surety contract effective
      continuously.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.31

     

    8.3
      Party
      A
      having committed no event of default set forth in this Contract

     

    Article
      9
      The
      method of drawing the loan hereunder by Party A is 1
      as
      follows:

     

    9.1
      The
      loan
      transference once for all,
      on
      14th
      Sept.
      2006,
      Party B
      shall transfer all the money borrowed hereunder to the account that Party A
      has
      opened at Party B.

    

    9.2
      The loan
      transference several times, schedule
      and amount of drawing the money borrowed as follows: 

    

      
        	
                No.

              	 	
                Schedule
                  of Drawing

              	 	
                Amount(Say)

              	 	
                Remarks

              
	
                1

              	 	 	 	 	 	 
	
                2

              	 	 	 	 	 	 
	
                3

              	 	 	 	 	 	 
	
                4

              	 	 	 	 	 	 
	
                5

              	 	 	 	 	 	 

      
 

    Article
      10 The
      principal of the loan hereunder once transferred to the account of Party A
      upon
      the schedule set forth in Article
      8, it
      shall
      be deemed Party B has advanced the loan, and Party A has borne the loan of
      the
      amount in respect, therefore, the interest shall start accrued. 

    

    Article
      11 Where
      the
      amount of the loan, the date of the loan or the date of repayment is not in
      accordance with the record of the bank remittance voucher, it shall be subject
      to the record of the bank remittance voucher which shall be an integral part
      of
      this Contract and accordingly have the same force and effect as this
      Contract.

     

    Chapter
      Six Repayment

     

    Article
      12 Party
      A
      shall pay the interest on installment as provided in this Contract, the method
      of repaying the principal of the loan is 2
      as
      follows:

     

    
      	1.  	
              The
                principal repayment once for all, Party A shall repay all the principal
                on
                [dd/mm/yy]

            

    

    
      	 	 

    

    
      	2.  	
              Schedule
                and Amount of repaying the principal on installment as
                follows:

            

    

    
      	 	 

    

     

    
      
        	
                No.

              	 	
                Schedule
                  of Repayment

              	 	
                Amount(Say)

              	 	
                Remarks

              
	
                1

              	 	
                July
                  10, 2007

              	 	
                51,000,000

              	 	 
	 	 	 	 	 	 	 
	
                2

              	 	
                September
                  14, 2007

              	 	
                49,000,000

              	 	 
	
                3

              	 	 	 	 	 	 
	
                4

              	 	 	 	 	 	 
	
                5

              	 	 	 	 	 	 

      

    

     

    Article
      13 Party
      B
      shall have the right to directly transfer and receive any funds, including the
      principal of the loan, the interest ( Penalty Interest and Compound Interest)
      and other expenses should be paid by party A, from the Party A’s account opened
      at Bank of Beijing’s system.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.31

     

    Article
      14 Where
      Party A require prepayment of the loan hereunder, Party A shall submit to Party
      B a written application 30
      bank
      business days in advance, as well as upon Party B’s consent. Party B shall have
      the right to receive the interest upon the interest rate and term as provided
      in
      this Contract

     

    Chapter
      Seven Security

     

    Article
      15 The
      form
      of security hereunder is as follows:
      Joint
      Liability Guarantee
      Mortgage
      Pledge,
      and the Surety Contract shall be signed by and between Party B and guarantor
      upon specific security items as follows 1&2:

     

    
      	1.  	
              “Warranty
                Contract” No.0019304

            

    

    
      	 	 

    

    
      	2.  	
              “Mortgage
                Contract” No.0019304

            

    

    
      	 	 

    

    
      	3.  	
              “Pledge
                Contract” No.
                

            

    

     

    Party
      A confirms herein, Party
      B
      shall have the right to exercise
      the right
      as
      provided in the foregoing Surety Contract set forth in Article
      15 upon
      the
      realization of its lender
      right, Party A agrees to waive the right
      to
      counterclaim the aforesaid Party B’s right.

     

    Chapter
      Eight Party A’s Representations and Warranties

     

    Article
      16 Party
      A’s
      Representations and Warranties as follows: 

     

    16.1
      Party
      A
      is duly organized (Corporation/Other Organizations/ Natural Person) under and
      by
      virtue of the laws of
      the
      People's Republic of China and has independent and full capacity for civil
      conduct.

    

    16.2
      This
      loan
      shall be approved and authorized by
      the
      decision body or person of Party A and shall be Party A’s genuine
      and effective intention expressed.

    

    16.3
      Party
      A
      guarantees, the
      use
      of
      the loan
      hereunder is in accordance with
      laws,
      regulations, administrative or department rules, trade rules and Party A’s
articles
      of association or other document, and Party A has obtained related license
      and
authorization.
      

    

    16.4
      Party
      A
      guarantees, circumstances
      and materials provided to Party B is genuine, exact and integral. 

    

    16.5
      Party
      A
      guarantees, during the valid term of this Contract, in case of bearing debt
      or
      providing security for a third party, Party A shall notify Party B in written
      10
      legal business days in advance.

     

    Chapter
      Night Both Parties’ Right and Obligations

     

    Article
      17 Party A’s Right and Obligations as follows:

     

    17.1
      Party
      A
      shall have right to draw and use the money borrowed upon the term and purpose
      as
      provided in this Contract.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.31

     

    17.2
      Party
      A
      shall repay the principal and interest as provided in this
      Contract.

     

    17.3
      Party
      A
      shall accept Party B’s inspection of and supervision over the use of the
      loan.

     

    17.4
      Party
      A
      shall actively cooperate with Party B’s inspection of and supervision over its
      production, operation and financial activities and provide Party B monthly
      with
      the copies of Balance Sheet, Loss and Profit Statement, Cash Flow Table and
      other financial report.

     

    17.5
      Party A
      shall notify Party B in written immediately, in case that any events threaten
      Party A’s fair operation and Party A’s obligations of repayment
      hereunder.

     

    17.6
      In case
      that Party A commits any of the following: merger, division, acquisition, reform
      with the stock system, contracting, lease, asset transfer, association,
      investment, application for suspending business for internal rectification,
      application for dissolution or bankruptcy and others which will definitely
      affect Party B’s realization of its rights as a lender of the loan and cause
      change in obligations relationship,
      Party
      A
      shall give Party B a prior written notice and obtain Party B’s written consent,
      Otherwise, before the repayment of the sum of the loan, Party A shall not
      execute the aforesaid conduct, 

     

    17.7
      Party A
      shall notify Party B of any modification to its name, domicile, or legal
      representative during the valid term of this Contract within 3 legal business
      days after the modification.

     

    17.8
      Without
      the prior written consent of Party B, Party A shall not transfer the debt
      hereunder to the third party.

     

    Article
      18 Party B’s Right and Obligations as follows:

    

    18.1
      Party
      B
      shall have right to execute inspection of and supervision over the use of the
      loan and Party A’s operation, and require Party B to provide related materials
      in respect of the loan hereunder.

     

    18.2
      Party
      B
      shall have right to deduct and transfer principal, interest, penalty interest,
      compound interest and all other expenses payable by Party A under this contract
      from the account opened by Party A.

     

    18.3
      Party
      B
      shall have right to withdraw the principal, interest, penalty interest, compound
      interest and all other expenses payable by Party A hereunder in advance upon
      the
      circumstances set forth in
      Article 19.

     

    18.4
      Party
      B
      shall advance the loan to Party A as provided in this Contract.

     

    18.5
      Party
      B
      shall keep secret of confidential materials and circumstances provided by Party
      A except for legal inquirer. 

     

    18.6
      If Party
      B shall transfer the lender's right hereunder to the third party, it shall
      notify Party A after signing Lender Right Transfer Contract without obtaining
      Party A’s consent.

    

    18.7
      Party
      A
      shall realize Party B’s lender right in the sequence as follows, unless upon
      Party B’s consent: 

     

    (1)
      Expenses of realizing the lender's right

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.31

     

    (2)
      Compound interest

     

    (3)
      The
      penalty interest for overdue loan 

     

    (4)
      Interest

     

    (5)
      Principal

     

    Chapter
      Ten Liability for Breach of Contract

     

    Article
      19 Liability for Breach of Contract

     

    19.1
      After
      this Contract becoming effective, both Parties shall implement the obligations
      respectively as provided in this Contract. Any party with no implementation
      or
      partly implementation of the obligations hereunder, or breach of any statements
      and guarantees set forth in this Contract shall bear liability for breach of
      contract, and compensate the loss of the opposite party.

    

    19.2
      Where
      Party A shall not repay the principal as provided in this Contract, Party B
      shall impose the penalty interest at daily rate of 0.28‰
      according to the sum overdue and number of days, as well as the compound
      interest pursuant to the related provisions of the People’s Bank of China. Where
      Party A shall not use the loan for the purpose of the money borrowed as provided
      in this Contract, Party B shall impose the penalty interest at daily rate of
      0.374‰
      according to the sum misappropriated and number of days

     

    19.3
      In case
      that Party B realizes its own lender's right by lawsuit because of Party A’s
      breach of this Contract, Party A agrees to pay Party B’s expenses including:
      legal expenses, attorney’s fee, traveling expenses and other expenses used to
      realize the lender's right. 

    

    Article
      20 under any of the following circumstances, Party B shall have right to
      announce this Contract terminated immediately, withdraw all the loan advanced
      ahead of schedule, and cease to advance the loan.

    

    20.1
      Party
      A
      shall not use the loan for the purpose as provided in this contract and pay
      the
      principal and interest by installments in a timely manner.

    

    20.2
      During
      the valid term of this Contract, Party A’s operation is mismanaged and suffered
      from losses or false profit or
      Party
      A is in dispute of debt with a third party, or the collateral of mortgage and
      pledge happened to be damaged or lost, or other circumstances adversely affect
      the safety of the loan. 

    

    20.3
      Party
      A
      provides Party B with financial report which is false or undiscloses the
      significant fact, or refuses Party B from supervising the use of the loan,
      Party
      A’s production, operation, and financial activities.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.31

     

    20.4
      Party
      A
      shall not implement any obligation or breach any representation and guarantee
      as
      provided in this Contract, or guarantor shall not implement any obligation
      as
      provided in Security Contract.

    

    20.5
      During
      the valid term of this Contract, upon occurrence of any event from Party A
      threaten the safety of Party B’s lender’s right.

     

    Chapter
      Eleven Force Majeure

     

    Article
      21 On
      the
      occurrence of an event of force majeure that has resulted in Party A’s
      incapability of implementing obligations as provided in this Contract, Party
      A
      shall give Party B a notice within 3
      legal
      business days at the starting date of force majeure, and submit to Party B
      written testimony prepared by local notarization department in respect of force
      majeure, and enter into an Amendment Agreement to this Contract upon negotiation
      with Party B. Otherwise, Party B shall have right to deem it as the termination
      of this Contract and ask Party A to repay the principal and interest of the
      loan
      hereunder, as well as cancel the sum of the loan has not been drawn
      yet.

     

    Chapter
      Twelve Settlement of Dispute

     

    Article
      22 Any
      dispute arising from the performance of this Contract may be settled through
      negotiation first. If no settlement could be reached, the dispute shall be
      dealt
      with according to bring a lawsuit at the People’s Court where 

     

    Party
      B’s domicile(Party
      A’s domicile/ Party B’s domicile/Contract signed) is located. 

     

    Chapter
      Thirteen Effectiveness, Modification and Termination of this
      Contract

     

    Article
      23 The
      effectiveness of this Contract is upon 1
      as
      follows

     

    1.
      Signature
      and corporate seal by both Parties’ Legal Representative and Authorized
      Representative;

     

    2.
      Signature and corporate seal by both Parties’ Legal Representative and
      Authorized Representative, as well as upon the valid date of Surety Contract
      under Chapter
      Seven
      set
      forth in this Contract.

     

    Article
      24 After
      this Contract becoming effective, any Party hereunder shall not modify or
      terminate this Contract in advance. In case of modification or termination,
      both
      parties shall enter into a written agreement upon negotiation.

     

    Chapter
      Fourteen Annex

     

    Article
      25 The
      annex
      is as follows:

     

    1.
      Bank remittance voucher 

     

    2.____________________

     

    3.____________________

     

    4.____________________

     

    5.____________________

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      4.31

     

    Article
      26 The
      Annex
      shall be an integral part of this Contract and has the same force and effect
      with this Contract.

     

    Chapter
      Fifteen Supplementary Articles

     

    Article
      27
      It shall
      be deemed as Service when the notice as provided in this Contract once sent
      out
      by telegraph or fax, or after 3 days by traditional mail.

     

    Article
      28 Others

     

    Article
      29
      In case
      of matters concerned as not provided in this Contract, both Parties may enter
      into a new written agreement upon negotiation.

     

    Article
      30
      This
      Agreement is made in sextuplicate with same legal force, one text for each
      party, including PartyA, PartyB, mortgage registration department and
      guarantor.

     

    Article
      31 This
      Contract is entered into on September
      14, 2006
      at
Bank
      of Beijing Shangdi Sub-Branch

     

    Party
      A
      (corporate seal): Beijing Origin Seed Limited.

     

    Legal
      representative (person in charge) or authorized representative (signature):
      

     

    
      	 	 	 	 
	
              /s/
                Gengchen Han

            	 	 	
            
	
              

            	 	 	
            
	
              /s/
                CORPORATE SEAL

            	 	 	
            
	
              

            	 	 	 

    

     

    Party
      B
      (corporate seal): Bank
      of Beijing Shangdi Sub-Branch

     

    Legal
      representative (person in charge) or authorized representative (signature):
      

     

    
      	 	 	 	 
	
              /s/
                Dailu Geng

            	 	 	
            
	
              

            	 	 	
            
	
              /s/
                CORPORATE SEAL

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