Document:

Exhibit 10.1

                    Summary of the Equity Transfer Agreement

Transferors               - Tai Yi  (holder  of 38% total  equity  interest  in
                           Shanghai  Kena  Energy  Saving  Electric Co Ltd ("the
                           Company");

                           - Zheng Chang (holder of 32% total equity interest in
                           the Company);

                           - Zhang Naiyao  (holder of 25% total equity  interest
                           in the Company).

Transferee                 Shanghai TCH Data Science & Technology Co. Ltd

The Transfer               Transferors to transfer 95% total equity  interest in
                           the  Company  to the  Transferee,  together  with all
                           rights  attached  (including  but not  limited to the
                           right to receive  dividends  and the right to appoint
                           directors)

Consideration              Transferee  to pay a  total  consideration  in sum of
                           RMB28,500,000.00 to the Transferors:
                           - Payment  of  RMB11,400,000  to Tai Yi for 38% total
                           equity interest in the Company;
                           -  Payment  of  RMB9,600,000  to Zheng  Chang for 32%
                           total equity interest in the Company
                           - Payment  of  RMB7,500,000  to Zhang  Naiyao for 25%
                           total equity interest in the Company

Date of the Agreement      29 December 2005

Effective date of the      Date of registration of the Transfer
Transfer

Payments of                - Payments  to be made  within 10 working  days after
consideration              the registration of the Transfer has been approved by
                           the State Administration for Industry and Commerce
                           - Payments to be made to the  Transferors by Shanghai
                           Sifang Co. Ltd on behalf of the  Transferee  (details
                           of such  arrangement to be agreed by the  Transferors
                           and the Transferee and Shanghai Si Fang Co. Ltd)

Tax                        Each party shall bear their own tax liabilityExhibit 10.2

           Summary of the Agreement relating to the assignment of debt
                       under the Equity Transfer Agreement

Parties                    1.  Shanghai  TCH  Data  Science  &  Technology   Co.
                           Ltd(i(degree)Ai+/-)
                           2. Tai Yi; Zheng Chang; Zhang Naiyao ("B");
                           3. Shanghai Sifang Co. Ltd("C")

Date of the Agreement      29  December  2005 (as  amended by the  parties on 10
                           February 2006)

Assignment  of debt        Parties agree that:-
(which is owed by A to     - C shall pay the debt of  RMB28,500,000  (being  the
B under the Equity         consideration  payable  to B  pursuant  to the Equity
Transfer Agreement)        Transfer Agreement) to B on behalf of A;
from A to C                - The  obligation  of A to pay  the  above  debt to B
                           under the Equity Transfer  Agreement shall deem to be
                           fulfilled  upon the  receipt of the above  funds by B
                           from C
                           - the amount of  RMB28,500,000  shall be settled by C
                           for and on  behalf of A. The  amount of the  purchase
                           consideration  paid  by C on  behalf  of  A  will  be
                           applied to offset the trade  receivables owed to A by
                           C.

Method of payment          - C shall  pay B  within 5  working  days  after  the
                           receipt of written notice from A
                           - C shall bear the responsibility if the payments are
                           not made in accordance with the  instructions  stated
                           in the written notice issued by A

                           - B may require A to pay directly only if:-
                           a. C fails to pay for more than 30 days;
                           b. C gives  written  notice  to B  indicating  that C
                           would  not   fulfill  the   obligation   to  pay  the
                           consideration;  or c.
                           C loses the ability to pay the consideration

Penalty for late payment   C shall pay B a penalty in the amount of 2.1/10000 of
                           the  unpaid   amount   each  day  from  the  date  of
                           non-payment until payment is made.

Tax                        Each party shall bear their own tax liabilityExhibit 10.3

        Summary of an Agreement relating to transfer of patent ownership

Transferor                 Zhang  Naiyao - the sole owner of the  utility  model
                           patent right of a type of power transformer

Transferee                 Shanghai TCH Data Science & Technology Co. Ltd

The Transfer               - the Transferor shall transfer to the Transferee his
                           patent   right   [Reference   no.  for  the   patent:
                           ZL200320123062.9
                           Effective period of the Patent: 10 years ;
                           Date of announcing patent ownership: 9 February 2005]
                           - the Transferor shall provide the Transferee with:-
                           > all documents relating to its patent application;
                           > all documents issued by China Patent Office;
                           > all certificates issued by China Patent Office

Consideration              the Transferee  shall pay the sum of RMB11,000,000 to
                           the Transferor

Date of the Agreement      29 December 2005

Payment of                 -  Payment  shall  be made by the  Transferee  or any
consideration              third party  appointed  by the  Transferee  within 10
                           days   after  the   receipt   of  "Change  of  Patent
                           Applicant" by the Transferee and the approval of such
                           change by the State Intellectual Property Office.

Penalty for breach of      - If the Transferor refuses to provide the Transferee
the Agreement              with  information  required  under the  Agreement  to
                           comply  with  the  procedures  of the  Transfer,  the
                           Transferee  shall  be  entitled  to  demand  for  the
                           payment of RMB50,000 as compensation;
                           - If the  Transferee  is in breach of the  Agreement,
                           the  Transferor  shall  be  entitled  to  demand  for
                           payment of  RMB50,000 as  compensation  and to demand
                           for the return of information provided.Exhibit 10.4

Summary of an Agreement relating to transfer of right to make patent application

Transferor                 Zhang  Naiyao  - owner of the  right  to make  patent
                           application  in  relation  to the  invention-creation
                           right of a type of power transformer

Transferee                 Shanghai TCH Data Science & Technology Co. Ltd

The Transfer               - the Transferor shall transfer to the Transferee his
                           right to make patent application
                           Reference no. for patent application: 200310124510.1;
                           - the Transferor shall provide the Transferee with:-
                           > all documents relating to its patent application;
                           > all documents issued by China Patent Office;
                           > all certificates issued by China Patent Office

Consideration              the Transferee  shall pay the sum of RMB11,000,000 to
                           the Transferor

Date of the Agreement      29 December 2005

Payment of consideration   -  Payment  shall  be made by the  Transferee  or any
                           third party  appointed  by the  Transferee  within 10
                           days   after  the   receipt   of  "Change  of  Patent
                           Applicant" by the Transferee and the approval of such
                           change by the State Intellectual Property Office.

Penalty for breach of      - If the Transferor refuses to provide the Transferee
the Agreement              with  information  required  under the  Agreement  to
                           comply  with  the  procedures  of the  Transfer,  the
                           Transferee   shall  be  entitled  to  terminate   the
                           Agreement,  to demand for the return of consideration
                           paid and to demand for the payment of compensation of
                           RMB100,000
                           -  If  the   Transferor   delays  in  providing   the
                           Transferee  with  information  under the Agreement to
                           comply  with  the  procedures  of the  Transfer,  the
                           Transferee  shall  be  entitled  to  demand  for  the
                           payment of compensation, of RMB100,000 per week; and,
                           if payment has not been made within 2 months from the
                           date of which it is due, to terminate the agreement
                           - If the Transferee refuses to pay the consideration,
                           the  Transferor  shall be entitled to  terminate  the
                           Agreement,  to demand for the  return of  information
                           provided   and  to   demand   for  the   payment   of
                           compensation of RMB100,000
                           -  If   the   Transferee   delays   in   paying   the
                           consideration,  the  Transferor  shall be entitled to
                           demand for  interest  accrued and, if payment has not
                           been made  within 2 months  from the date of which it
                           is due, to terminate  the Agreement if the payment is
                           not  made  within 2  months,  and  demand  a  penalty
                           payment of RMB100,000.

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