Document:

Government
      Purchase Product Sales Contract

    

    This
      contract is signed by and between Shenzhen
      Hengtaifeng Technology Co., Ltd. (“Seller”)
      and Shijiazhuang
      Housing Fund Center
      (“Buyer”) in accordance with No. HBTD-07031 bidding document, “Tendering and
      Bidding Letter” and Bidding Notice. The two parties hereto agree to undertake
      all obligations and commitments under the “Contract Law of People’s Republic of
      China”.

    

    SECTION
      1. 

    

    Goods:
      Name, Model No. and Quantities (See attachment 1)

    

    SECTION
      2. Price

    

    Total
      price: RMB2,983,880

    

    SECTION
      3. Technology Requirements

    

    
      	 	
              1.

            	
              Technology
                specifications of the goods provided to buyer shall comply with that
                in
                bidding document and “Tendering and Bidding
                Letter”.

            

    

    
      	 	
              2.

            	
              For
                detailed technology specifications please see attachment
                2.

            

    

    

    SECTION
      4. Time and place of delivery

    

    
      	 	
              1.

            	
              Time:
                within 25 days from taking effect of the
                Contract

            

    

    
      	 	
              2.

            	
              Place:
                Machine Room of Shijiazhuang Housing Fund Management
                Center

            

    

    
      	 	
              3.

            	
              Recipient:
                Shijiazhuang Housing Fund Management
                Center

            

    

    

    SECTION
      5. Inspection and accept of goods

    

    
      	
            	1.	
              The
                Seller shall supply the goods with configurations in compliance with
                “Tendering and Bidding Letter”.

            

    

    
      	
            	2.	
              Packaging
                of the goods shall be free from damage when delivery, technology
                specifications shall remains good
                condition.

            

    

    
      	
            	3.	
              Accessories,
                instructions and warranty card shall be
                complete.

            

    

    
      	
            	4.	
              After
                inspection and accept, the Buyer shall fill in the inspection and
                accept
                report, which will act as evidence for
                payment.

            

    

    
      	
            	5.	
              The
                Buyer shall have the right to reject the goods if the seller breaches
                any
                above item.

            

    

    

    SECTION
      6. Payment Method

    

    
      	 	
              1.

            	
              25%
                of the total price or equals to 2,983,880 x 25% = RMB745,970 shall
                be paid
                by buyer within five working days from the date signed this
                contract;

            

    

    
    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	 	
              2.

            	
              70%
                of the total price or equals to 2,983,880 x 70%% = RMB2,088,716 shall
                be
                paid by buyer within seven working days after installation and
                commissioning of the machines;

            

    

    
      	 	
              3.

            	
              Remained
                5% or equals to 2,983,880 x 5% = RMB149,194 shall be paid by buyer
                after
                the good running of the machines for three
                months.

            

    

    

    SECTION
      7. Training and After-sales Services

    

    
      	 	
              1.

            	
              Technology
                training

            

    

    
      	 	
              1)

            	
              Seller
                agrees to provide training for three persons for buyer. In case that
                any
                personal changes happened in users, seller shall provide training
                for
                users for free.

            

    

    
      	 	
              2)

            	
              Training
                period: three days.

            

    

    
      	 	
              3)

            	
              All
                above training is conducted for
                free.

            

    

    
      	 	
              2.

            	
              Installation
                and Commissioning

            

    

    Seller
      shall conduct on-site installation, commissioning and training for user within
      two working days after receiving the notice from user.

    
      	 	
              3.

            	
              Repair
                and Maintenance

            

    

    Warranty
      period: three years from the date of inspection and accept the goods (including
      parts replacement and maintenance). The warranty period shall be not shorter
      than that of manufacturer.

    

    SECTION
      8. Obligations of each party

    

    
      	 	
              1.

            	
              Buyer
                shall provide relating technology consultancy, personal, facilities,
                electricity and waters for seller in consideration of on-time
                delivery.

            

    

    
      	 	
              2.

            	
              Buyer
                shall pay for the goods to seller in time in accordance with the
                contract.

            

    

    
      	 	
              3.

            	
              Seller
                shall supply the goods to buyer in time in accordance with the
                contract.

            

    

    
      	 	
              4.

            	
              Seller
                shall strengthen the management on personal to avoid of interfere
                ordinary
                working of buyer.

            

    

    
      	 	
              5.

            	
              Seller
                shall respect buyer’s working and resting schedule. During delivery (or
                construction) period, the seller shall not influence ordinary affairs
                of
                buyer, decrease pollution such as packaging wastes, noise, and clean
                the
                working site.

            

    

    

    SECTION
      9. Transfer of Contract

    

    Seller
      is
      not allowed to transfer the whole or part of the contract to any third party,
      otherwise buyer has the right to reject payment.

    

    SECTION
      10. Breach of the Contract

    

    
      	 	
              1.

            	
              Two
                parties mutually agree that failure to implement the responsibilities
                of
                the contract is the breach of this contract and in the event of such
                breach, defaulting party shall pay for other party.
                

            

    

    
    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	 	
              2.

            	
              In
                case that seller delays to supply the goods, seller shall pay for
                breach
                or buyer has the right to terminate the
                contract.

            

    

    
      	 	
              3.

            	
              If
                the seller overdue delivery, the seller shall pay for penalty to
                the buyer
                by 0.003% of the total outstanding price per
                day.

            

    

    
      	 	
              4.

            	
              If
                the buyer overdue payment without reasonable reason, the buyer shall
                pay
                for penalty to the seller by 0.003% of the total outstanding price
                per
                day.

            

    

    
      	 	
              5.

            	
              If
                the above penalty could not cover actual loss, the party with loss
                could
                ask for compensation from the other party which shall not exceed
                10% of
                total price.

            

    

    
      	 	
              6.

            	
              If
                either party defaults by force majure, it will not bear default
                responsibility while force majure is in compliance with Contract
                Act of
                P.R.C.

            

    

    
      	 	
              7.

            	
              If
                seller delays delivery or fails to deliver due to force majeure,
                or if the
                buyer can not pay for the goods due to force majeure, under these
                conditions, the two parties shall not undertake breach item and settle
                through negotiations by two
                parties.

            

    

    

    SECTION
      11. Effectiveness of the Contract and others

    

    
      	 	
              1.

            	
              The
                contract will take effect after two parties sign and
                signature.

            

    

    
      	 	
              2.

            	
              The
                parties hereto agree that this contract shall be governed by “Contract Law
                of People’s Republic of China”.

            

    

    
      	 	
              3.

            	
              No
                amendment or modification of this Agreement shall be valid unless
                made in
                writing and signed by each of the parties
                hereto.

            

    

    
      	 	
              4.

            	
              The
                parties irrevocably and unconditionally agree that the exclusive
                place of
                jurisdiction for any action, suit or proceeding relating to this
                Contract
                shall be in Shijiazhuang Arbitration
                Commission.

            

    

    
      	 	
              5.

            	
              This
                Contract shall be prepared in sextuplicate, and each party keeps
                two
                copies, respectively. Purchase agent and government purchase regulating
                institution keep one copy,
                respectively.

            

    

     

    Buyer:
      Shijiazhuang
      Housing Fund Center

    Address:
      No.58, Heping West Road, Shijiazhuang

    Trust
      Agent: 

    Tel:
      0311-87823614

    Date:
      May
      28, 2007

    

    Seller:
      Shenzhen Hengtaifeng Technology Co., Ltd.

    Address:
      Room
      605,
      Chuangwei Building A, No.1 Gaoxinnan Road, Science and Technology Park, Nanshan
      District, Shenzhen City

    Trust
      Agent: 

    Tel:
      0755-26743553

    Date:
      May
      28, 2007

     

    
      
        
        

      

      
        3Unassociated Document

    

    Hengtaifeng
      Technology Co., Ltd

    Product
      Sales Contract

    

    

    

    

    

    

    

    

    Buyer:
      Jiangsu Qihan Machine Tool Co., Ltd (“The Buyer”
hereinafter)

    Seller:
      Shenzhen Hengtaifeng Technology Co., Ltd. (“The Seller”
hereinafter)

    

    

    

    

    

    Contract
      No.: SH2007- Q004

    Date:
      April 16, 2007

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Product
      Sales Contract

    

    This
      contract is signed by and between the Buyer and the Seller; whereby the buyer
      agrees to buy and the seller agrees to sell the under-mentioned devices/goods
      subject to the terms and conditions as stipulated hereinafter.

    

    

    SECTION
      1. List of the devices and goods (RMB)

     

    
      	
              No.

            	
              Name
                of Commodity

            	
              Quantity

            	
              Unit
                price

            	
              Total
                Price

            
	
              1

            	
              CNC
                980TD

            	
              2

            	
              8,000

            	
              16,000

            
	
              2

            	
              CNC
                980TD allocation DA98A-15/2

            	
              8

            	
              21,000

            	
              168,000

            
	
              Total

            	
              RMB
                184,000

            

    

    

    SECTION
      2. Payment and delivery

    

    
      	 	
              1.

            	
              Terms
                of payment: The buyer shall pay the entire contract price to the
                seller
                within six months after signed this
                contract.

            

    

    
      	 	
              2.

            	
              Terms
                of delivery: highway transport.

            

    

    
      	 	
              3.

            	
              Place
                of delivery: No.1 Kuangji Road, Zhenjiang City, Jiangsu
                Province.

            

    

    
      	 	
              4.

            	
              Consignee:
                Ms. Limin

            

    

     

    SECTION
      3. Service terms:

    

    Provided
      by the original manufacturer

    

    SECTION
      4. Ownership of the goods and risk transfer

    

    
      	 	
              1.

            	
              Regardless
                where the goods locate, the seller is the unique owner of the goods
                before
                the buyer pays for all the goods. The seller shall have the rights
                to
                recover all of the goods delivered to the buyer under the condition
                of
                impossible implementation of this
                contract.

            

    

    
      	 	
              2.

            	
              The
                risks of the goods shall belong to the seller commencing on the taking
                effect of this contract and until prior to delivery of the goods
                to the
                buyer. After which time, the risks of the goods will automatically
                transfer to the buyer following the seller delivers the goods to
                appointed
                place of buyer stated in this contract, and after that, the seller
                has no
                any responsibility for the risks of the
                goods.

            

    

    

    SECTION
      5. Breach of the Contract

    

    The
      two
      parties mutually agree that any breach of this Contract by any party may cause
      irreparable damage to the other party, and impossible implementation of this
      Contract. The defaulting party shall pay for 3‰ of breached part for penalty and
      compensate for the losses suffered by damaged party.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    SECTION
      6. The two parties hereto acknowledge that one party shall inform the other
      party to deal with the Contract due to force majeure.

    

    SECTION
      7. If any disputes arise out of this contract, the two parties may bring a
      suit
      to governing People's Court.

    

    SECTION
      8. Other terms

    

    
      	 	
              1.

            	
              Others
                terms that are not included in the contract shall be settled through
                negotiation by two parties.

            

    

    
      	 	
              2.

            	
              This
                Contract is prepared in duplicate which have the same legal force
                and the
                two parties keep one copy,
                respectively

            

    

    
      	 	
              3.

            	
              This
                contract will take effect after signed and sealed by two
                parties.

            

    

    

    

    Buyer:
      Jiangsu Qihan Machine Tool Co., Ltd

    Representative:

    Tel:
      0511-4422480-8138

    Fax:
      0511-4499128

    Add:
      No.1
      Kuangji Road, Zhenjiang City, Jiangsu Province

    Date
      for
      signature: April 16, 2007

     

    Seller:
      Shenzhen Hengtaifeng Technology Co., Ltd.

    Representative:

    Tel:
      0755-26743580

    Fax:
      0755-26743552

    Add:
      Room
      605, Chuangwei Building A, No.1 Gaoxinnan Road, Science and Technology Park,
      Nanshan District, Shenzhen City

    

    Information
      of the Bank:

    Account
      Name: Shenzhen Hengtaifeng Technology Co., Ltd.

    Bank:
      the
      Bank of China - Shenzhen Hi-tech Zone Branch

    Account
      Number: 826806682908091001

    Date
      for
      signature: April
      16,
      2007

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