Document:

EXHIBIT
      4.46

     

    Renminbi
      Capital Loan Contract

     

    China
      Construction Bank Corporation

     

    Beijing
      Branch

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

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

     

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

     

    Party
      A
      has made an application to Party B for a loan and Party B agrees to advance
      the
      loan. 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     Amount
      of Money Borrowed

     

    Party
      A
      borrows from Party B an amount of RMB (Say) Eighty
      Million Yuan.

            

    Article
      2     Purpose
      of Money Borrowed

     

    Party
      A
      will use the money borrowed for the purpose of working
      capital.
      Party
      A
      is not supposed to change the purpose of the money borrowed, unless Party B
      agrees in writing in advance. 

     

    Article
      3     Term
      of Money Borrowed

     

    As
      provided in this Contract, the term of the money borrowed is 11
      months plus 2 days
      commencing from November
      13, 2007
      and
      ending on October
      15, 2008.

     

    If
      the
      commencement date of the term of the money borrowed hereunder is different
      from
      that specified in the bank remittance voucher (loan debt and bill, sic passim),
      the date specified in the bank remittance voucher for the first advance shall
      prevail, and the ending date as described in this article will be
      adjusted.

     

    The
      bank
      remittance voucher shall be an integral part of this Contract and have the
      same
      force and effect as this Contract.

     

    Article
      4     Interest
      Rate, Penalty Interest Rate, Interest Calculation and
      Settlement

     

    
      	1.	
              Interest
                Rate

            

    

     

    The
      interest rate of the loan hereunder shall be annually
      interest
      rate at (1)
      below:

     

    
      	 	
              (1)

            	
              fixed
                rate of 7.29%, which rate shall remain unchanged during the term
                of the
                money borrowed;

            

    

     

    
      	
            	(2)	
              fixed
                rate, that is, [intentionally
                left blank] %
                [intentionally
                left blank]
                (above/below) the base interest rate from the Interest Starting Date,
                which rate shall remain unchanged during the term of the money
                borrowed;

            

    

     

    
      	 	
              (3)

            	
              floating
                rate, that is, [intentionally
                left blank] %
                [intentionally
                left blank]
                (above/below) the base interest rate and adjusted every [intentionally
                left blank]
                months from the Interest Starting Date. The interest adjustment date
                shall
                be the date corresponding to the Interest Starting Date in the month
                the
                interest is adjusted. If there is no date corresponding to the Interest
                Starting Date in that month, then the last day in that month shall
                be the
                interest adjustment date.

            

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
      	
              2.

            	
              Penalty
                Interest Rate

            

    

     

    
      	 	
              (1)

            	
              If
                Party A fails to use the loan for the purpose specified herein, the
                penalty interest rate shall be floated above 100% of the loan interest
                rate, if the loan rate is adjusted as article 1 (3) described, then
                the
                penalty interest rate will be adjusted corresponding to the new loan
                interest rate and the foresaid floating
                scope.

            

    

     

    
      	
            	(2)	
              The
                penalty interest for overdue loan hereunder shall be shall be floated
                above 50% of the loan interest rate, if the loan rate is adjusted
                as
                article 1 (3) described, then the penalty interest rate will be adjusted
                corresponding to the new loan interest rate and the foresaid floating
                scope.

            

    

     

    
      	
            	(3)	
              It
                depends on the severity for the calculation of the penalty interest
                and
                compound interest, if the loan is overdue and embezzled
                simultaneously.

            

    

     

    
      	
              3.

            	
              The
                Interest Starting Date referred to in this Article means the date
                when the
                first advance made hereunder is transferred and deposited into Party
                A’s
                account.

            

    

     

    The
      base
      interest rate for the first advance made hereunder shall be the interest rate
      for loans of same grade announced by the People’s Bank of China on the date of
      Interest Starting Date; thereafter, when the interest rate or penalty interest
      rate is adjusted pursuant to the foregoing provisions, the base interest rate
      shall be the interest rate for loans of same grade announced by the People’s
      Bank of China on the adjustment date; if no interest rate is announced by the
      People’s Bank of China for loans of same grade, the base interest rate shall be
      the inter-bank acceptable or customary interest rate for loans of same grade
      on
      the adjustment date, unless otherwise provided by the parties. 

     

    
      	
              4.

            	
              The
                interest of the loan shall be accrued from the date when the loan
                is
                deposited into Party A’s account. The interest of the loan hereunder shall
                be accrued on a daily basis. The daily interest rate = annual interest
                rate/360. A compound interest shall be accrued from the following
                date if
                Party A fails to pay accrued interest when
                due.

            

    

     

    
      	
              5.

            	
              Settlement
                of Interest

            

    

     

    
      	 	
              (1)

            	
              If
                a fixed interest rate is applied to the loan, the interest shall
                be
                calculated and settled at the agreed interest rate. If a floating
                interest
                rate is applied to the loan, the interest shall be calculated at
                such
                interest rate as then determined at each floating period; if the
                interest
                rate changes several times within one interest settlement period,
                the
                interest accrued at each floating period shall be first calculated
                and
                then added up on the interest settlement date as the interest accrued
                within such interest settlement
                period.

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

       

    

    
      	
            	(2)	
              The
                interest shall be settled at i
                as
                follows

            

    

     

    
      	i.  	
              The
                interest shall be settled on a monthly
                basis for the loan hereunder and the interest settlement date shall
                be the
                20th of every month.

            

    

     

    
      	ii.  	
              The
                interest shall be settled on a seasonly
                basis for the loan hereunder and the interest settlement date shall
                be the
                20th of every season ending month.

            

    

     

    
      	iii.  	
              Others:
                [intentionally
                left blank].

            

    

     

    Article
      5     Advance
      and Use of Money Borrowed

     

    
      
        	1.	
                Conditions
                  Precedent to the Advance of the Money
                  Borrowed

              

      

    

     

    Party
      B
      is only obligated to advance the money borrowed upon the satisfaction of the
      following conditions unless the same are wholly or partly waived by Party
      B:

     

    
      
        	
              	i.	
                Party
                  A having completed the approval, registration, delivery and other
                  legal
                  procedures in respect of the loan
                  hereunder;

              

      

    

     

    
      
        	
              	ii.	
                If
                  a security is created for this Contract, the security as Party
                  B required
                  has become effective and
                  persistent;

              

      

    

     

    
      
        	
              	iii.	
                Party
                  A has opened the special account for drawing and repaying as Party
                  B
                  required;

              

      

    

     

    
      
        	
              	iv.	
                Party
                  A having committed no event of default, or any circumstances endangering
                  Party B’s lender’s right perhaps set forth in this
                  Contract;

              

      

    

     

    
      
        	
              	v.	
                The
                  loan hereunder is not be prohibited and limited by the laws and
                  regulations, rules or competent authorities

              

      

    

     

    
      
        	
              	vi.	
                Other
                  conditions

              

      

    

     

    [intentionally
      left blank] . 

     

    
      
        	2.	
                Schedule
                  of Use of the Loan

              

      

    

     

    Schedule
      of use of the loan shall be (1) as
      follows:

     

    (1)
      Schedule as follows:

     

    (i)
      November 13, 2007   amount
      Ten
      Million Yuan;

     

    (ii)
      November 20, 2007  
      amount
Ten
      Million Yuan;

     

    (iii)
      December 3, 2007  
      amount
Sixty
      Million Yuan;

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    (iv)
      [intentionally
      left blank]        (date) amount
      [intentionally
      left blank];

     

    (v)
      [intentionally
      left blank]        (date) amount
      [intentionally
      left blank];

     

    (vi)
      [intentionally
      left blank]       (date) amount
      [intentionally
      left blank].

     

    (2)
      [intentionally left blank]

     

    
      
        	3.	
                Party
                  A shall use the money according to Schedule of Use of the Loan
                  as above 2
                  described, unless Party B agrees in writing in advance, Party A
                  shall not
                  accelerate, postpone, cancel the drawing

              

      

    

     

    
      
        	4.	
                If
                  Party A uses the money in part, the termination date of the loan
                  shall be
                  confirmed as article 3 described.

              

      

    

     

    Article
      6     Repayment

     

    
      
        	1.	
                Repayment
                  Principles

              

      

    

     

    Repayment
      made by Party A hereunder shall comply with the following
      principles:

     

    Party
      B
      has right to use the money of Party A’s repayment first to repay the fees
      advanced by Party B and the fees of settling the debt, the remain shall be
      subject to the principles of interest paid first and principal repaid then
      and
      the interest paid together with the principal. If its principal amount is
      overdue for over 90 days, or its interest is overdue for over 90 days, or loans
      otherwise provided for by laws or regulations, the principles of principal
      repaid first and interest paid then shall be complied with after Party A
      repaying the foresaid money.

     

    
      
        	2.	
                Payment
                  of Interest

              

      

    

     

    Party
      A
      shall pay to Party B all interest accrued on the interest settlement date.
      The
      first date of payment of interest shall be the first interest settlement date
      after the advance of the money borrowed. All interest accrued shall be paid
      at
      the time of final repayment.

     

    
      
        	3.	
                Schedule
                  of Repayment of Principal

              

      

    

     

    Schedule
      of repayment of principal shall be (1) as
      follows:

     

    (1)
      Schedule as follows:

     

    (i)
      October 15, 2008    amount
      Eighty
      Million Yuan;

     

    (ii)
      [intentionally
      left blank]        (date) amount
      [intentionally
      left blank];

     

    (iii)
      [intentionally
      left blank]        (date) amount
      [intentionally
      left blank];

     

    (iv)
      [intentionally
      left blank]        (date) amount
      [intentionally
      left blank];

     

    (v)
      [intentionally
      left blank]        (date) amount
      [intentionally
      left blank];

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

       

    

    (vi)
      [intentionally
      left blank]        (date) amount
      [intentionally
      left blank].

     

    (2)
      [intentionally left blank]

     

    
      	
              4.

            	
              Method
                of Repayment

            

    

     

    
      	 	
              Prior
                to the repayment date provided in this Contract, Party A shall deposit
                into an account opened by Party B enough funds for any amount then
                due and
                such funds will be automatically transferred and paid to Party B,
                or, on
                the repayment date provided in this Contract, Party A shall transfer
                funds
                from other account for the repayment of the loan. If Party A fails
                to
                repay the loan in a timely manner, Party B shall have the right to
                transfer and receive any funds from the account opened by Party A
                at China
                Construction Bank’s system.

            

    

     

    
      	
              5.

            	
              Prepayment

            

    

     

    Party
      A
      shall submit to Party B a written application 30
      bank
      business days in advance for its prepayment of the principal and may prepay
      part
      or whole of the principal upon Party B’s consent.

     

    If
      Party
      A prepays the principal, the interest shall be accrued based on the actual
      number of days the money is borrowed and at the interest rate set forth in
      this
      Contract.

     

    If
      Party
      B agrees Party A to prepay the principal, then Party B has right to charge
      the
      compensation, the standard of the compensation shall be
      1
as
      follows:

     

    compensation
      = amount of principal prepaid x number of months ahead x 1‰.
      In case
      of less than one month, it
      shall be deemed as one month.

     

    If
      Party
      A prepays part of the principal of the loan that is to be repaid by
      installments, such prepayment shall be made pursuant to the repayment schedule
      in reverse order. After such prepayment, the interest rate set forth in this
      Contract shall continue to be applied to the outstanding loan.

     

    Article
      7     Party
      A’s Right and Obligations

     

    
      	
              1.

            	
              Party
                A shall have the right to: 

            

    

     

    
      
        	
              	(1)	
                require
                  Party B to advance the loan according to this
                  Contract.

              

      

    

     

    
      
        	
              	(2)	
                use
                  the loan for the purpose provided in this
                  Contract.

              

      

    

     

    
      
        	
              	(3)	
                apply
                  to Party B for an extension of the loan if Party A satisfies the
                  conditions required by Party
                  B.

              

      

    

     

    
      
        	
              	(4)	
                require
                  Party B to keep confidential relevant accounting information and
                  production and operation related trade secrets provided by Party
                  A, unless
                  otherwise provided for by laws, regulations and rules, requirement
                  of the
                  competent authorities or other agreement between both
                  parties.

              

      

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    
      
        	
              	(5)	
                reject
                  Party B and its personnel asking for bribe, or report to the competent
                  authorities for the foresaid acting and the violation of laws and
                  regulations regarding credit interest rate and service
                  fees.

              

      

    

     

    
      
        	2.	
                Party
                  A shall be obligated:

              

      

    

     

    
      
        	
              	(1)	
                to
                  draw the money and repay the principal and interest of the loan,
                  pay the
                  fees as described in this
                  contract.

              

      

    

     

    
      
        	
              	(2)	
                to
                  provide relevant financial and accounting materials, information
                  on
                  production and operation conditions as requested by Party B and
                  be
                  responsible for the truthfulness, completeness and validity of
                  the
                  materials so provided, including without limited to, provide Party
                  B
                  within the first 15
                  bank business days of the first month of every quarter with the
                  balance
                  sheet and loss and profit statement (income and expenditure statement
                  for
                  government sponsored institute) at the end of last quarter and
                  provide at
                  the end of every year cash flow statement of the current year,
                  not to
                  provide false materials or to disguise the necessary operating
                  financial
                  fact;

              

      

    

     

    
      
        	
              	(3)	
                to
                  notify Party B in writing of any change in its name, legal representative
                  (person in charge), domicile, business scope or registered capital
                  or
                  company charter within 30 business days after the change and attaching
                  the
                  relevant materials changed.

              

      

    

     

    
      
        	
              	(4)	
                to
                  use the money for the purpose set forth in the contract, not to
                  misappropriate or embezzle the money borrowed or commit the unlawful
                  transaction with the money borrowed; to actively cooperate with
                  and
                  voluntarily accept Party B’s inspection of and supervision over its
                  production and operation and financial activities as well as the
                  use of
                  the money borrowed hereunder; not to spirit its money away or transfer
                  its
                  assets or use related transactions to escape debts owing to Party
                  B; not
                  to enter into any false agreement with the related party and to
                  use the
                  accounts and notes receivable without actual transaction background
                  to
                  discount, pledge, draw the money and credit from the
                  bank;

              

      

    

     

    
      
        	
              	(5)	
                to
                  abide by the regulations promulgated by the State regarding the
                  environment protection, if Party A use the money borrowed hereunder
                  for
                  production, manufacture and
                  construction;

              

      

    

     

    
      
        	
              	(6)	
                not
                  to use the assets generating from the loan hereunder to provide
                  security
                  for a third party without Party B’s consent before its full repayment of
                  the interest and principal owing to Party
                  B;

              

      

    

     

    
      
        	
              	(7)	
                to
                  report to Party B the related transactions of over 10% net assets
                  value,
                  including (i) related relations among parties; (ii) items and feature
                  of
                  the transaction; (iii) sum and corresponding rate of the transaction;
                  (iv)
                  policy of fixing the price (including non-money or symbolistic
                  money
                  transaction), if Party A is a group
                  client;

              

      

    

     

    
      
        	
              	(8)	
                to
                  guarantee obtaining the approval of the coming project from the
                  relevant
                  competent authorities and not to disobey any laws and regulations,
                  capital
                  fund or other raising money shall be transferred enough in time
                  and in
                  proportion as described in the contract; to guarantee accomplishing
                  the
                  project as the plan
                  described.

              

      

    

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

       

    

    Article
      8     Party
      B’s Rights and Obligations

     

    
      	1.  	
              Party
                B shall have the right to require Party A to repay the principal,
                interest
                and fees, to execute other rights set forth in the contract, to require
                Party A to fulfill other obligations as described in the
                contract.

            

    

     

    
      	2.  	
              Party
                B shall advance the loan as described in the contract, but for the
                postponement due to Party A or something not due to Party
                B.

            

    

     

    
      	3.  	
              Party
                B shall be obligated to keep confidential financial materials and
                production and operation related trade secrets provided by Party
                A, unless
                otherwise provided for by laws, regulations and rules, by relevant
                competent authorities, and by agreement entered into between both
                parties.

            

    

     

    
      	4.  	
              Party
                B shall not provide or ask for the bribe, to or from Party A and
                its
                personnel 

            

    

     

    
      	5.  	
              Party
                B shall not commit anything to damage Party A’s lawful interest, or in bad
                faith. 

            

    

     

    Article
      9     Liability for Breach
      of Contract and Remedy for Damage of Party B’s Debt

     

    
      
        	1.	
                Party
                  B’s Event of Default

              

      

    

     

    
      
        	
              	(1)	
                If
                  it fails to advance the loan as described in the contract without
                  duly
                  reason, Party A has right to ask Party B to advance the loan ahead
                  as
                  described in the contract; 

              

      

    

     

    
      
        	
              	(2)	
                If
                  Party B violates the relevant laws and regulations and accepts
                  non-receivable interests and fees, Party B has right to ask to
                  back the
                  foresaid.

              

      

    

     

    
      
        	2.	
                Party
                  A’s Event of Default

              

      

    

     

    
      
        	
              	(1)	
                in
                  breach of any term and condition or other obligations provided
                  in
                  laws.

              

      

    

     

    
      
        	
              	(2)	
                not
                  fulfill any obligation provided in this contract, expressing by
                  word or
                  action

              

      

    

     

    
      
        	3.	
                Event
                  of damage of Party B’s Debt

              

      

    

     

    
      
        	
              	(1)	
                Party
                  B’s debt shall be deemed to be damaged if the event falls into any
                  of the
                  following circumstances: Party A happens to be contracting, consignment,
                  lease, reform with the stock system, decreasing the capital fund,
                  investment, association, merger, acquisition, purchase and recombination,
                  division, joint venture, application for suspending business for
                  internal
                  rectification, application for dissolution or bankruptcy, revoked,
                  change
                  of shareholder/actual controller or transfer of big assets, winding-up,
                  closed, highly penalty by competent authorities, deregistered,
                  revoked its
                  business license, part of big legal dispute, suffering from financial
                  losses of operation and manufacture, non-execution of its responsibilities
                  by legal representative 

              

      

    

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    
      
        	
              	(2)	
                Party
                  B’s debt shall be deemed to be damaged if the event falls into any
                  of the
                  following circumstances: Party A shall not fulfill the mature debt
                  hereunder(including CCB subsidiaries or other third party’s mature debt),
                  transfer the assets with low-price or gratis, reduce and release
                  the third
                  party debt, execute the its own lender’s right or other right in laches,
                  or provide securities for the third
                  party;

              

      

    

     

    
      
        	
              	(3)	
                Party
                  B’s debt shall be deemed to be damaged if shareholders of Party A
                  abuse
                  its independence or limited responsibility to escape repaying the
                  debt,;

              

      

    

     

    
      
        	
              	(4)	
                Any
                  precondition of advancing the loan provided in the contract is
                  not
                  satisfied continuously;

              

      

    

     

    
      
        	
              	(5)	
                Party
                  B’s debt shall be deemed to be damaged if the Guarantor falls into
                  any of
                  the following circumstances:

              

      

    

     

    
      
        	
              	i.	
                in
                  breach of any term and condition or state set forth in the guarantee,
                  and
                  false, mistake, omit exist in guarantee
                  items;

              

      

    

     

    
      
        	
              	ii.	
                happens
                  to be contracting, consignment, lease, reform with the stock system,
                  decreasing the capital fund, investment, association, merger, acquisition,
                  purchase and recombination, division, joint venture, application
                  for
                  suspending business for internal rectification, application for
                  dissolution or bankruptcy, revoked, change of shareholder/actual
                  controller or transfer of big assets, winding-up, closed, highly
                  penalty
                  by competent authorities, deregistered, revoked its business license,
                  part
                  of big legal dispute, suffering from financial losses of operation
                  and
                  manufacture, non-execution of its responsibilities by legal
                  representative, something impact on the guarantor’s capacity of
                  guarantee;

              

      

    

     

    
      
        	
              	iii.	
                other
                  circumstances maybe lose or lose capacity of
                  guarantee;

              

      

    

     

    
      
        	
              	(6)	
                Party
                  B’s debt shall be deemed to be damaged if the pledge and mortgage
                  falls
                  into any of the following
                  circumstances:

              

      

    

     

    
      
        	
              	i.	
                the
                  collateral of the pledge or mortgage will be damaged, destroyed
                  and lost,
                  shank in value because of the third party’s action, collection of state,
                  seized, confiscation, retraction gratis, house breaking and moving,
                  market
                  floating or any other reasons like
                  that;

              

      

    

     

    
      
        	
              	ii.	
                the
                  collateral of the pledge or mortgage will be seized, detained,
                  frozen,
                  transferred, lien, auction, supervised by administration, dispute
                  of
                  property;

              

      

    

     

    
      
        	
              	iii.	
                the
                  pledgor or mortgager breaches the terms and statement of the contract,
                  and
                  false, mistake, omit exist in guarantee
                  items;

              

      

    

     

    
      
        	
              	iv.	
                other
                  circumstances damage realizing the pledge or
                  mortgage;

              

      

    

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

       

    

    
      
        	
              	
                (7)

              	
                if
                  the security contract does not take effect or is invalid or revoked,
                  the
                  guarantor falls into other circumstance under which it is partly
                  or wholly
                  deprived of its ability to secure the loan, or the guarantor refuses
                  to
                  perform its guarantee obligations, the collateral shrinks in value
                  and
                  others Party B’s debt shall be deemed to be
                  damaged

              

      

    

     

    
      
        	
              	(8)	
                other
                  circumstances Party B’s debt shall be deemed to be
                  damaged

              

      

    

     

    
      
        	4.	
                Party
                  B’s Remedial Measures

              

      

    

     

    Upon
      the
      occurrence of any of the events of default set forth in paragraph (2) to
      paragraph (3) hereinabove, Party B shall be entitled to one or more of the
      following rights:

     

    
      	 	
              (1)

            	
              to
                stop the advance of the loan, 

            

    

     

    
      	
            	(2)	
              declare
                the immediate maturity of the loan and require Party A to repay all
                principal, interest and expenses hereunder whether or not due and
                payable.

            

    

     

    
      	 	
              (3)

            	
              if
                Party A fails to use the loan provided herein, Party B has right
                to
                collect liquidated damages from Party A on the amount of the loan
                not used
                as provided hereunder at [intentionally
                left blank] %.

            

    

     

    
      	 	
              (4)

            	
              to
                impose interest and compound interest on the part of the loan
                misappropriated by Party A at the penalty interest rate from the
                date the
                loan is not used for the purpose provided herein to the date the
                principal
                and interest are repaid in full and pursuant to the method of settlement
                of interest provided herein if Party A fails to use the loan for
                the
                purpose provided herein. 

            

    

     

    
      	
            	(5)	
              if
                the loan is overdue, to impose interest and compound interest on
                the
                outstanding principal and interest payable by Party A (including
                the
                principal and interest declared by Party B to be wholly or partly
                due and
                payable) at the penalty interest rate from the date the loan is overdue
                to
                the date the principal and interest are repaid in full and according
                to
                the method of settlement of interest provided herein. The overdue
                loan
                refers to Party A’s failure to repay the loan in a timely manner or its
                repayment of the loan behind the repayment schedule set forth in
                this
                Contract.  

            

    

     

    
      	 	
            	
              to
                impose compound interest on any overdue interest payable by Party
                A at the
                interest rate and according to the method of settlement of interest
                set
                forth in the contract before the maturity of the
                loan.

            

    

     

    
      	
            	(6)	
              other
                remedial measures, including but not
                limited:

            

    

     

    
      	
            	i.	
              to
                transfer and receive any amount in any currency from the account
                opened by
                Party A at China Construction Bank’s system without informing in
                advance.

            

    

     

    
      	
            	ii	
              to
                exercise rights under the security

            

    

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    
      	
            	iii	
              to
                require Party A to provide such new security as required by Party
                B for
                all debts hereunder. 

            

    

     

    
      	
            	iv	
              to
                terminate this Contract.

            

    

     

    Article
      10     Other
      Matters Agreed

     

    
      
        	1.	
                Burden
                  of the Expenses and Fees

              

      

    

     

    Party
      A
      shall bear the Expenses and Fees hereunder and regarding the security hereunder
      of lawyer service, insurance, evaluation, registration, safekeeping, appraisal,
      and notarization and so on, except otherwise agreed between both
      parties.

    

    Party
      A
      shall bear the Expenses and Fees including but not limited of lawsuit,
      arbitration, property safekeeping, traveling, execution, evaluation, auction,
      notarization, delivery, notification, lawyer service etc.

     

    
      
        	2.	
                Use
                  of Party A’s Information

              

      

    

     

    Party
      A
      agrees, Party B apply to the People’s Bank of China and its competent department
      of credit for approval of setting up a credit data-base, or to relevant
      authorities and departments for searching Party A’s credit; Party B provides
      Party A’s information for the credit data-base approved by the People’s Bank of
      China and its competent department of credit, and fair use and disclose Party
      A’s information as Party B’s business required.

     

    
      
        	3.	
                Public
                  Notification for Urging
                  Repayment

              

      

    

     

    Upon
      the
      occurrence of delay of repaying the principal and interest or any of the events
      of default set forth hereunder, Party B has right to report to the competent
      authorities and department, and has right to report to mess media. 

     

    
      
        	4.	
                Evidential
                  Force of Party B’s Record

              

      

    

     

    It
      shall
      be composed of certain evidences effectively proofing the creditor’s right
      relations between both parties that Party B’s internal financial record of
      principal, interests, fees and repaying record, and Bill and Voucher executed
      and kept by Party B regarding Party A’s drawings, repaying, repayment of
      interests, and Record and Voucher Party B urging the loan, unless otherwise
      there will be believable and assured opposite evidences.

     

    
      
        	5.	
                Some
                  Rights Reserved 

              

      

    

     

    Party
      B’s
      right hereunder shall not impact and exclude any right Party B entitled by
      laws
      and regulations and other contracts. It shall not deem to be surrender of right
      and interests hereunder or permission of breach of the contract if any
      tolerance, period grace, preference of breach of contract or delay performing
      the right hereunder. It shall not limit, hinder, and obstruct to perform ahead
      the foresaid right and other right. So it shall not cause Party B being
      responsible for Party A as well.

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

    
      
        	6.	
                Except
                  the debt as described in the contract, Party B has right to transfer
                  the
                  money in currency of RMB or any others in Party A’s account opening at CCB
                  to repay any mature debt first, if Party A burdens the other debt
                  of Party
                  B as well, meanwhile Party A shall agree without any
                  objection.

              

      

    

     

    
      
        	7.	
                Party
                  A shall give a written notice to Party B as soon as possible, if
                  Party B’s
                  mail address or contact is changed, otherwise Party A shall bear
                  the loss
                  because of the failure of the foresaid
                  notice.

              

      

    

     

    
      
        	8.	
                Transfer
                  of the Payable Money

              

      

    

     

    As
      to all
      Party A’s payable money hereunder, Party B has right to transfer the money in
      currency of RMB or any others in Party A’s account opening at CCB without
      informing Party A in advance. Party A shall be obligated to assist Party B
      to go
      through the procedures of settling and selling foreign exchange or purchasing
      and selling foreign exchange if any, Party A shall bear the risk of foreign
      exchange rate.

     

    
      
        	9.	
                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 at the People’s Court where Party B’s domicile 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.

     

    
      
        	10.	
                Effectiveness
                  of this Contract

              

      

    

     

    This
      Contract shall become effective after it is signed by Party A’s legal
      representative (person in charge) or authorized representative and stamped
      with
      its corporate seal and signed by Party B’s person in charge or authorized
      representative and stamped with its corporate seal.

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    
      
        	11.	
                This
                  Contract shall be made in four
                  counterparts.

              

      

    

     

    
      
        	12.	
                Other
                  Matters Agreed

              

      

    

     

    [intentionally
      left blank]

     

    [intentionally
      left blank]

     

    [intentionally
      left blank]

     

    [intentionally
      left blank]

     

    Article
      11     Representations

     

    
      	
              1.

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

            

    

     

    
      	
              2.

            	
              Party
                A has perused each clause in this Contract. 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 shall execute and fulfill the obligation hereunder in accordance
                with
                laws, regulations, rules and company charter or internal organizational
                documents, as well as obtain the approval of the internal competent
                department of company or the national competent
                authorities.

            

    

     

     

    
      	Party A (corporate seal): Beijing Origin
              State Harvest Biotech Limited.
	 
	Legal representative (person in charge)
              or
              authorized representative (signature): 
	 
	/s/ Gengchen Han
	 
	/s/ CORPORATE
              SEAL
	 
	November 12,
              2007

    

     

     

    
      	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
	 
	November 13,
              2007

    

     

    
      
        
        

      

      
        12Unassociated Document

    EXHIBIT
      4.47

     

    SECURITY
      001

    

    Guarantee
      Agreement

    

    File
      Number: No,026 Year 2007 Zi 123010

     

    Guarantor
      (hereinafter referred to as “Party A”): Beijing
      Origin State Harvest Biotech Limited. 

     

    Domicile:
      Zhongguancun Developement Plaza Area A 201, 12 Shangdi Xinxi Road, Haidian
      District, Beijing 

     

    Postal
      Code: 100085

     

    Legal
      Representative (person in charge): Gengchen Han

     

    Telephone:
      58907520 

     

    Fax:
      58907520 

     

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

       

      Domicile:
        No.28 Shangdi Xinxi Road, Haidian District, Beijing, China
        Construction Bank

       

      Postal
        Code: 100085

       

      Legal
        Representative (person in charge): Qi Xue

    

    
       

      Telephone:
        62967190  

       

      Fax:
        62967190 

       

    

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    Guarantee
      (hereinafter referred to as “Party A”): Beijing
      Origin State Harvest Biotechnology Limited 

     

    Lender
      (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”, contract no.: No.026
      Year 2007 Zi 123010)
      between
Beijing
      Origin Seed Limited.
      (hereinafter referred to as the “Master Contract Debtor”) and Party B, Party A
      agrees to provide guarantee to secure all the lender’s right under the Master
      Contract. 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 Scope of Guarantee

     

    The
      scope
      of the guarantee hereof shall be 1as
      follows:

     

    1.
      All
      debt set forth in the Master Contract, including but not limited, all of
      principal, interests(including compound interest and penalty interest), damages,
      compensation, any other amount paid to Party B by the debtor(including but
      not
      limited, related charges, telecommunication fees, incidental expenses, related
      bank charges refused to bear by the foreign beneficiary), fees of Party B
      realizing its creditor’ right and securities(including but not limited, fees of
      lawsuit, arbitration, property safekeeping, traveling, executing, evaluation,
      auction, notarization, delivery, bulletin and lawyer service etc.)

     

    2.
      The
      principal(say) set
      forth
      in the Master Contract, and interests (including
      compound interest and penalty interest), damages, compensation, any other amount
      paid to Party B by the debtor(including but not limited, related charges,
      telecommunication fees, incidental expenses, related bank charges refused to
      bear by the foreign beneficiary), fees of Party B realizing its creditor’ right
      and securities(including but not limited, fees of lawsuit, arbitration, property
      safekeeping, traveling, executing, evaluation, auction, notarization, delivery,
      bulletin and lawyer service etc.)

     

    Article
      2 Mode of Guarantee

     

    The
      mode
      of guarantee hereunder is guarantee of joint and several liability provided
      by
      Party A.

     

    Article
      3 Term of Guarantee

     

    The
      term
      of Guarantee hereunder shall be commencing from the execution day hereto and
      ending on 2 years later following the termination of the Master Contract, In
      case of the renewal of the Debt agreed by Party A, the term of Guarantee
      hereunder shall be ending on 2 years later following the termination of the
      renewal agreement. If Party B announces the debt is mature in advance as
      provided in the Master Contract, then the term of Guarantee hereunder shall
      be
      ending on 2 years later following the date which Party B announces the debt
      is
      mature in advance. If the debt is settled in part, as to each debt, the term
      of
      Guarantee hereunder shall be ending on 2 years later following the last part
      of
      debt being settled.

     

    Article
      4 Independence of the Contract

     

    The
      Contract shall be independent of the Master Contract. The invalidation of the
      Master Contract shall not impact the effectiveness of the Contract. In case
      the
      Master Contract is seemed to be invalid, Party A shall bear the guarantee of
      joint and several liability because of the debt of return
      of
      property or compensation for losses.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    Article
      5 Modification of the Master Contract

     

    1.
      If the
      articles of the Master Contract is modified by the agreement between both
      parties(including but not limited the modification of currency for repaying,
      mode of repaying, loan account, repayment account, plan of using the money,
      plan
      of repaying the money, interests rising date, interests settling date, starting
      date or ending date of the term of the debt if the foresaid term is not
      extended), Party A agrees to bear the guarantee of joint and several liability
      for the debt of the changed Master Contract.

     

    However,
      except Party A agrees in advance, if the term of the debt is extended or the
      amount of the principal is increased by the agreement between both parties,
      Party A shall only bear the guarantee of joint and several liability for the
      debt of the former Master Contract.

     

    2.
      Party
      A’s guarantee liability shall not be reduced or exempted because of the
      follows:

     

    (1)
      Party
      B or the debtor happens to be reform of the system, merge, acquisition,
      division, decreasing or increasing capital, association, changing company’s
      name;

     

    (2)
      Party
      B consigns the third party to fulfill the obligations as provided in the Master
      Contract.

     

    3.
      In
      case of the pending invalidation, invalidation, revoking, relief of the debt
      and
      creditor’s right of the Master Contract, Party A shall still bear the guarantee
      of joint and several liability for the debt as provided in the Master
      Contract.

     

    Article
      6 Guarantee liability

     

    1.
      If the
      debt of the Master Contract is mature or Party B announces the debt is mature
      in
      advance as provided in the Master Contract or laws, or the debtor does not
      fulfill the debt enough on time, or the debtor breach the other agreement of
      the
      Master Contract, Party A shall bear the guarantee liability in the scope of
      the
      guarantee immediately.

     

    2.
      Party
      A’s guarantee liability hereunder shall not be reduced and exempted, no matter
      whether the debt of the Master Contract to Party B is supported by other
      securities (including but not limited, Guarantee, Mortgage, Pledge, Credit
      Insurance, SBLC etc.), no matter when the foresaid securities is started,
      whether effective or not, whether Party B has claimed to other guarantors or
      not, and whether the third party agree to bear the whole and part of the debt
      of
      the Master Contract or not, and whether the other securities are provided by
      the
      debtor itself, Party B has right to ask Party A bear the guarantee liability
      in
      the scope of the guarantee in the Master Contract, Party A shall not give any
      objection.

     

    3.
      If
      Party A only provides guarantee for the part of the debt of the Master Contract,
      then Party A agrees, if any, because of the repayment from the debtor, Party
      B
      realizing other security right or any other reasons causing the debt of the
      Master Contract to be settled in part, Party A shall still bear the guarantee
      liability for the remain debt in the scope of the guarantee of the Master
      Contract.

     

    4.
      If
      Party A only provides guarantee for the partial debt of the Master Contract,
      and
      the debt of the Master Contract is still not repaid wholly after the guarantee
      is made, then Party A promises, to claim the subrogation to the debtor or other
      guarantors, which will not hurt party B’s interests, and agrees the debt of the
      Master Contract shall be settled prior to Party A realizing the subrogation
      of
      its own

     

    Specifically,
      before the debt of Party B is settled wholly:

     

    (1)
      Party
      A agrees, not to claim the subrogation of the debtor or other security; in
      case
      of any reason, Party A realizes the foresaid right, then Party A shall use
      the
      money to repay the debt not settled first;

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    (2)
      If
      the debt is supported with security in property, Party A agrees not to perform
      the subrogation or others to claim the collateral or the money of the disposal,
      Party A shall use the money to repay the debt not settled first;

     

    (3)
      If
      the debtor or other security provides countersecurity
      for Party A, then Party A shall use the money from the foresaid countersecurity
      to
      repay
      the debt not settled first;

     

    5.
      Party
      A has been aware of the risk of the foreign exchange rate. If Party B adjusts
      the interest rate, mode of interest calculation and settlement in accordance
      with the policy of the interest rate and the Master Contract, which causes
      the
      debtor repaying more interest, penalty interest, compound interest, then Party
      A
      shall bear the guarantee liability for the additional part.

     

    6.
      Except
      the debt of the Master Contract, if the debtor bear the other mature debt to
      Party B, then Party B has right to transfer and deduct any amount in any
      currency from the account opened by the debtor at China Construction Bank’s
      system to repay any mature debt first, and Party A’s guarantee liability shall
      not be reduced and exempted.

     

    Article
      7 Other obligations of Party A

     

    1.
      Party
      A shall supervise the debtor’s use of the money (including the purpose of the
      use), and accept the supervision of Party A’s finance, assets and operation from
      Party B, and provide the relevant information, documents, materials, and
      guarantee them accurate, actual, integrity and effective; Party A shall not
      provide securities beyond its capability for the third party.

     

    2.
      If it
      happens to commits contracting, consignment, leasing, reform with the stock
      system, decreasing the register capital, investment, association, merger,
      acquisition, purchase and recombination, joint venture, application for
      suspending business for internal rectification, application for dissolution,
      being revoke, application for bankruptcy, change of shareholder/actual
      controller or transfer of big assets, winding-up, closed, highly penalty by
      competent authorities, deregistered, revoked its business license, part of
      big
      legal dispute, suffering from financial losses of operation and manufacture,
      non-execution of its responsibilities by legal representative, or other reasons
      cause losing its capacity of guarantee, Party A shall give Party B a written
      notice immediately and confirm the burden, transfer or succession of the
      guarantee liability hereunder as Party B required, or provide a new
      security.

     

    3.
      To
      notify Party B in writing of any change in its name, legal representative
      (person in charge), domicile, business scope or registered capital or company
      charter within
      30
business
      days after the changing and shall attach the relevant materials
      changed.

    

    Article
      8 Other obligations of Party A

    

    1.
      Transfer of the payable money

     

    As
      to all
      Party A’s payable money hereunder, Party B has right to transfer the money in
      currency of RMB or any others in Party A’s account opening at CCB without
      informing Party A in advance. Party A shall be obligated to assist Party B
      to go
      through the procedures of settling and selling foreign exchange or purchasing
      and selling foreign exchange if any, Party A shall bear the risk of foreign
      exchange rate.

     

    2.
      Use of
      Party A’s Information

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    Party
      A
      agrees, Party B apply to the People’s Bank of China and its competent department
      of credit for approval of setting up a credit data-base, or to relevant
      authorities and departments for searching Party A’s credit; Party B provides
      Party A’s information for the credit data-base approved by the People’s Bank of
      China and its competent department of credit, and fair use and disclose Party
      A’s information as Party B’s business required.

     

    3.
      Public
      Notification for Urging Repayment

     

    Upon
      the
      occurrence of delay of repaying the principal and interest or any of the events
      of default set forth hereunder, Party B has right to report to the competent
      authorities and department, and has right to report to mess media. 

     

    4.
      Evidential Force of Party B’s Record

     

    It
      shall
      be composed of certain evidences effectively proofing the creditor’s right
      relations between both parties that Party B’s internal financial record of
      principal, interests, fees and repaying record, and Bill and Voucher executed
      and kept by Party B regarding Party A’s drawings, repaying, repayment of
      interests, and Record and Voucher Party B urging the loan, unless otherwise
      there will be believable and assured opposite evidences.

     

    5.
      Some
      Rights Reserved 

     

    Party
      B’s
      right hereunder shall not impact and exclude any right Party B entitled by
      laws
      and regulations and other contracts. It shall not deem to be surrender of right
      and interests hereunder or permission of breach of the contract if any
      tolerance, period grace, preference of breach of contract or delay performing
      the right hereunder. It shall not limit, hinder, and obstruct to perform ahead
      the foresaid right and other right. So it shall not cause Party B being
      responsible for Party A as well.

     

    If
      Party
      B does not perform or delay to perform any right or not use the remedy enough
      of
      the Master Contract, Party A’s guarantee liability shall not be reduced and
      exempted, but if Party B reduces and exempts the debt, Party A’s guarantee
      liability shall be reduced and exempted correspondingly.

     

    6.
      Dissolution or bankruptcy of the debtor 

     

    After
      learning of dissolution or bankruptcy of the debtor, Party A shall notify Party
      B to apply for its creditor’s right, and meanwhile engage in the procedures of
      dissolution or bankruptcy immediately, and perform the subrogation
      in advance. If Party A does know and shall know the debtor engaging in
the
      procedures of dissolution or bankruptcy, but not perform the subrogation
      in advance, Party A shall bear the loss.

     

    In
      spite
      of paragraph 5 item 2 in this article, in the course of the bankruptcy, if
      Party
      B enters into a compromise agreement with the debtor, or agree the plan of
      recombination, Party B’s right hereunder shall not be impaired by the agreement
      and the plan, Party A’s guarantee liability shall not be reduced and exempted.
      The agreement and the plan of Party A shall not be against Party B’s claim. As
      to the remain payable debt because of the concession to the debtor made by
      Party
      B in the agreement and the plan, Party B has right still to ask Party A to
      repay
      in the future.

     

    7.
      Party
      A’s dissolution or bankruptcy

     

    Party
      B
      has right to engage in the liquidation and bankruptcy of Party A and apply
      for a
      claim, if Party A happens to be in liquidation and bankruptcy, the creditor’s
      right is still not mature in the Master Contract if any.

    

    8.
      Party
      A shall give a written notice to Party B as soon as possible, if Party B’s mail
      address or contact is changed, otherwise Party A shall bear the loss because
      of
      the failure of the foresaid notice.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    
      	9.  	
              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 at the People’s Court where Party B’s domicile 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.

     

    1o.
      Effectiveness of this Contract

     

    This
      Contract shall become effective after it is signed by Party A’s legal
      representative (person in charge) or authorized representative and stamped
      with
      its corporate seal and signed by Party B’s person in charge or authorized
      representative and stamped with its corporate seal.

     

    11.
      This
      Contract shall be made in four
      counterparts.

     

    12.
      Other
      Matters Agreed

     

    [intentionally
      left blank]

     

    [intentionally
      left blank]

     

    Article
      9 Party A’s Statement and Representations

     

    
      	
              1.

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

            

    

     

    
      	
              2.

            	
              Party
                A has perused each clause in this Contract. 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 shall execute and fulfill the obligation hereunder in accordance
                with
                laws, regulations, rules and company charter or internal organizational
                documents, as well as obtain the approval of the internal competent
                department of company or the national competent
                authorities.

            

    

     

    
      	4.	
              Party
                A confirms it has been fully
                aware of the assets, debt, operation, credit, honor of the debtor,
                whether
                it has capacity and limitation of executing the Master Contract or
                not,
                and all of the content of the Master
                Contract.

            

    

     

    Party
      A
      (corporate seal): Beijing Origin State Harvest Biotech
      Limited.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

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

     

    
      	 	 	 	 
	/s/
              Gengchen
              Han	 	 	
            
	 	 	 	 
	/s/ CORPORATE
              SEAL	 	 	 

    

     

    November
      13
,
      2007

     

    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

     

    November
      13
,
      2007

     

    
      
        
        

      

      
        7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}]]