Document:

EXHIBIT
      10.15

     

    Framework
      Agreement

    on

    Cooperation
      in Research and Development of Stability Technology for Offset Printing

    Machines
      and New Technologies

    

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

    

    Party
      B:
      Beijing Aeronautic Manufacturing Technology Research Institute

     

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

     

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

     

    
      	
              1.

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

            

    

     

    
      	
              2.

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

            

    

     

    
      	
              3.

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

            

    

     

    
      	
              4.

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

            

    

     

    
      	
              5.

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

            

    

     

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

            	
               

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

            
	
               

            	
               

            	
               

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

            	
               

            	
              Address:
                North of Baliqiao, Chaoyang District,
                Beijing

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              Contact
                Person: Han Shuyue

            	
               

            	
              Contact
                Person: Liu Feifei 

            
	
               

            	
               

            	
               

            
	
              Person
                in Charge: Wang Jing’an

            	
               

            	
              Person
                in Charge: Zhong Min Lin 

            
	
               

            	
               

            	
               

            
	
              Date:
                May 16, 2005

            	
               

            	
              Date:
                May 16, 2005

            

    

     

    
      
        
        

      

      
        2EXHIBIT
      10.16

     

    Agreement
      on Joint Provision of Advanced Course for Master’s Degree

     

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

    Party
      B:
      Beijing Institute of Graphic Communication 

    

    In
      order
      to further improve the scientific research innovation and practical engineering
      capabilities of the engineering and project management personnel of Party A
      and
      thus to meet the requirements of development of emerging technologies, new
      businesses and the new situation, and through full mutual negotiation, Party
      A
      and Party B unanimously agree upon jointly providing an advanced course for
      master’s degree majoring in printing engineering (the “Course”) primarily to the
      backbone technical personnel of Party A, and hereby reach the following
      agreement (the “Agreement”) thereupon:

     

    
      	
              I.

            	
              Trainees

            

    

     

    Engineering
      technical and managerial personnel of Party A that have obtained bachelor’s
      degrees of engineering or technology that are recognized by the
      State.

     

    
      	
              II.

            	
              Aims
                of the Course

            

    

     

    Enable
      the trainees to obtain extensive and solid basic theories and knowledge of
      specialized domains, and to achieve certain proficiency in a foreign language
      so
      that they can read materials in their specialized field that are written in
      the
      foreign language. Improve their practical engineering and scientific research
      capabilities. Cultivate specialized talents that are capable of independently
      carrying out printing engineering research and development, undertaking
      scientific research, product development and technical management tasks in
      Party
      A, and possessing innovation capabilities. 

     

    
      	
              III.

            	
              Curriculum
                Setup

            

    

     

    
      	
              1.

            	
              Academic
                Degree-aimed Curricula: in consistent with the curriculum setup defined
                in
                the master’s-degree graduate students training programme as developed by
                China People’s Liberation Army Information Engineering University that is
                in cooperation with Party B. 

            

    

     

    
      	
              2.

            	
              Non-academic-degree-aimed
                Curricula: Curricula at high starting point, covering extensive domains,
                tallying with the trend of technology advancement and meeting the
                market
                needs shall be set depending on specific working requirements.
                

            

    

    

    
      	
              3.

            	
              Special
                Lectures: Known experts in the press technology domain will be invited
                to
                provide special lectures on advancement of press technology, etc.
                

            

    

    

    
      	
              4.

            	
              Trainees
                from Party A applying for master’s degree in the capacity of personnel
                with equivalent educational level are required to take the unified
                national examinations of subject-specific comprehensive accomplishment,
                Party B shall be responsible for purchasing teaching materials including
                review outlines, and both parties shall consult with each other to
                settle
                issues regarding provision of pre-examination coaching to the
                trainees.

            

    

    

    
      	
              5.

            	
              Total
                credits achieved under the Course shall not be less than 30 and please
                see
                Attachment 1 for detailed breakdown.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              IV.

            	
              Faculty

            

    

     

    The
      trainers shall meet the State’s requirements concerning qualification of
      teachers of students for master’s degree, and shall possess technical titles
      above associate senior level. 

     

    
      	
              V.

            	
              Teaching
                Plan

            

    

     

    
      	
              1.

            	
              Venue
                of Teaching: on the campus of Party
                B

            

    

    

    
      	
              2.

            	
              Time
                of Teaching:

            

    

     

    
      	
              1)

            	
              Weekends
                and holidays, 8 hours per day, classes to be scheduled on Saturdays
                and
                Sundays in principle.

            

    

    

    
      	
              2)

            	
              Teaching
                to be started from March 9, 2002 and last for two school years (four
                semesters) to complete all scheduled curricula.

            

    

    

    
      	
              3.

            	
              Detailed
                teaching plan to be determined by Party A and Party B jointly depending
                on
                the curriculum setup and in consideration of the circumstances of
                Party A,
                each semester’s curriculum schedule to be negotiated and determined by
                Party A and Party B jointly 2 weeks before beginning of the
                semester.

            

    

    

    
      	
              4.

            	
              See
                Attachment 2 for the initial semester’s teaching
                plan.

            

    

     

    
      	
              VI.

            	
              Rights
                and Obligations of Party A

            

    

     

    Party
      A
      shall:

     

    
      	
              1.

            	
              Select
                as trainees the backbone technical personnel that work in a practical
                manner, have strong professional skills and are able to persist in
                finishing the Course. 

            

    

     

    
      	
              2.

            	
              Designate
                specific department or personnel to assist in the notification of
                matters
                relating to teaching and examinations of the
                Course.

            

    

    

    
      	
              3.

            	
              Assist
                in and oversee the implementation of the teaching
                plan.

            

    

     

    
      	
              4.

            	
              May
                send a few personnel to audit some curricula depending on actual
                needs of
                work, provided that they shall not affect the learning of the registered
                trainees. 

            

    

    

    
      	
              5.

            	
              There
                shall be 20 or more trainees from Party A when the Course is officially
                commenced. 

            

    

     

    
      	
              VII.

            	
              Rights
                and Obligations of Party B

            

    

     

    Party
      B
      shall:

     

    
      	
               

            	
              1.

            	
              Ensure
                provision of the same treatment to the training from Party A as that
                to
                registered full-time students of Party B, including guaranteed quality
                of
                teaching, availability of library and other teaching resources, and
                guaranteed supply of meals during the trainees’ stay on the campus for the
                Course. 

            

    

     

    
      	
               

            	
              2.

            	
              Provide
                appropriate teaching facilities, such as classrooms and computer
                rooms, to
                ensure normal teaching.

            

    

     

    
      	
               

            	
              3.

            	
              Provide
                textbooks and teaching materials.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    
      	
               

            	
              4.

            	
              Take
                charge of attendance of the trainees and administration of teaching.
                

            

    

     

    
      	
               

            	
              5.

            	
              Take
                charge of management of teachers and guarantee the quality of
                teaching.

            

    

    

    
      	
               

            	
              6.

            	
              Administer
                files of the trainees. Transfer their school reports and certificates
                of
                completion to Party A for keeping and disposal after the end of all
                curricula under the Course.

            

    

     

    
      	
               

            	
              7.

            	
              Issue
                China People’s Liberation Army Information Engineering University
                Certificate of Completion of Advanced Course for master’s degree to each
                trainee that has passed examinations, which certificate shall mark
                “Orientation: Press Engineering”; and trainees absent from or failing
                examinations shall be treated as per applicable provisions of the
                “Regulation on Administration of Central Teaching of Advanced Course
                for
                Master’s Degree” of Party B (Attachment
                3).

            

    

     

    
      	
              VIII.

            	
              Tuition
                and Terms of Payment

            

    

     

    The
      tuition of the Course is RMB Ұ 4000.00 per trainee per school year and the
      Course will cover two years (that is, total tuition of each trainee of the
      Course shall be EIGHT THOUSAND RMB YUAN), and each school year’s tuition shall
      be paid in full in a lump sum at the beginning of the school year. Party B
      shall
      issue nationally unified invoice upon receipt of tuition payment. After Party
      A
      pays the initial installment of tuition, Party B shall start teaching within
      two
      weeks. 

    Trainees
      terminating the learning in half way shall be deemed as having voluntarily
      quitted. 

     

    
      	
              IX.

            	
              Application
                for Master’s Degree and Competitive Thesis
                Examination

            

    

    

    
      	
               

            	
              1.

            	
              Party
                B shall undertake that China People’s Liberation Army Information
                Engineering University, with which it collaborates for the purpose
                of the
                Course, will recognize the credits accomplished by the trainees of
                Party
                A.

            

    

     

    
      	
               

            	
              2.

            	
              Party
                B shall be responsible for organizing and coordinating the trainees’
                participation in the nationally unified foreign language examination
                for
                applying for master’s degree in accordance with applicable documents
                issued by the Ministry of
                Education.

            

    

    

    
      	
               

            	
              3.

            	
              After
                the trainees pass the foregoing examination, Party B shall arrange
                teachers to direct the trainees to select thesis topics, carry out
                subject
                research and write theses for master’s degree, and shall organize and
                coordinate the competitive thesis examination for master’s degree and the
                award of the degree.

            

    

     

    
      	
              X.

            	
              Miscellaneous

            

    

    

    
      	
               

            	
              1.

            	
              Party
                A and Party B shall consult with each other to settle issues unexhausted
                herein.

            

    

     

    
      	
               

            	
              2.

            	
              The
                Agreement is made in two identical copies, with each party respectively
                holding one, both falling into force and effect from the date of
                signatures and seals of both
                parties.

            

    

    

    
      	
               

            	
              3.

            	
              Contact
                Person of Party A: Training Center of DuoYuan Digital Printing Technology
                Industry (China) Co., Ltd, Tel: 010-61271971

            

    

     

    Contact
      Person of Party B: Wu Huanquan with Beijing Institute of Graphic Communication
      Post-graduate Students Office, Tel: 010-69200512

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

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

    Address:
      Daxing Industrial Development Zone

    Tel:
      60212222

    Bank
      and
      Account No.: 

    Signed
      by
      Authorized Representative: Fang Na

    (Common
      Seal)

    Date:
      January 8, 2002

    

    Party
      B:
      /s/ Beijing Institute of Graphic Communication 

    Address:
      #25 Xinghua North Road, Daxing District

    Bank
      and
      Account No.: 

    Signed
      by
      Authorized Representative:

    (Common
      Seal)

    Date:
      January 8, 2002

    

    Appendix
      1:

    Beijing
      Institute of Graphic Communication Curriculum Setup of Advanced Course for
      Master’s Degree of Press Engineering

     

    Appendix
      2: Advanced Course for Master’s Degree Teaching Plan of First Semester

     

    Appendix
      3:

    Regulation
      on Administration of Central Teaching of Advanced Course for master’s
      degree

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