Document:

Exhibit 10.2

                              CONSULTING  AGREEMENT
                              ---------------------

This  agreement  ("Agreement")  is  effective  the 31st day of July, 2001 by and
between  McLaren Consultations Ltd, whose address is Suite 128 - 8155 Park Road,
Richmond,  B.C.  Canada  V6Y  1S9  ("Consultant")  and Magnum Industries Inc., a
Nevada corporation, whose address is  #777- 916 West Broadway, British Columbia,
Canada  V5Z  1K7 ("Company") in accordance with the terms and conditions herein.

                                    *WITNESSETH*

WHEREAS,  Consultant  is  experienced  in  corporate  and  financial  matters,

WHEREAS, Company desires to engage Consultant to perform certain services on its
behalf  and  Consultant desires to perform such services, all in accordance with
the  terms  and  conditions  herein,

                                        ***

NOW THEREFORE, subject to the mutual terms, conditions and covenants herein, the
parties  do  hereby  agree  as  follows.

                                          I.

                              PERFORMANCE  BY  CONSULTANT
                              ---------------------------

1.01.  Services  To  Be  Rendered.  During  the  Term (as defined herein) of the
Agreement,  Consultant covenants and agrees that it will employ its best efforts
to  provide corporate and financial services on behalf of Company. Such services
include  corporate  secretarial  services  and  legal  services.

All  information  provided  to  any third party will be information furnished to
Consultant  by  Company. Consultant will not be required to prepare or authorize
any  information  regarding  the  Company.

                                         II.

     TERM  AND  TERMINATION
     ----------------------

The  term of this Agreement shall extend for the period commencing with the date
of  execution  hereof  and  terminating  in  December 31, 2002. Thereafter, this
agreement  may  be  extended  by  the mutual consent of the parties evidenced in
writing.

                                        1
<PAGE>

                                         III.

                                     COMPENSATION
                                     ------------

As  consideration  for  the services to be rendered by Consultant, Company shall
pay  Consultant the consideration of 625,000 common shares of the Company at the
agreed  par  value  of  $0.001;

                                          IV.

                     REPRESENTATIONS  AND  WARRANTIES AND  INDEMNIFICATION
                     -----------------------------------------------------

4.01.  Acknowledgment  of  Parties.  The parties do hereby acknowledge and agree
that Consultant will rely on adequacy, correctness and accuracy of all materials
received  by  Consultant from the Company as well as all information made public
by  the  Company  ("Corporate  Information").

4.02.  Representation  and  Warranty.  As  an  inducement for entering into this
Agreement,  Company  represents  and  warrants to Consultant that (a) all of the
Corporate  Information  is true, accurate and not misleading with respect to any
material  fact,  transaction  or  projection,  and (b) upon the occurrence of an
event which is materially adverse to the Company or the business of the Company,
Company  will provide prompt written notification to Consultant of such event or
events  stating  in  reasonable  detail  the  nature  of  such  event or events.

                                          V.

                             INDEPENDENT  CONTRACTOR
                             -----------------------

5.01  Independent  Contractor.  In  performing  the  services  provided  herein,
Consultant  shall be deemed an independent contractor for all purposes including
but  not  limited to the Federal Insurance Contribution Act, the Social Security
Act,  the  Federal  Unemployment  Act  and  income  withholding  at  the source.
Consultant  shall  not be construed to be an employee of the Company. Consultant
shall  be  solely responsible for the payment of all self employment and federal
and  state  income  taxes and the filing of required estimated and informational
returns  relating  to  compensation  received  hereunder.

5.02.  Non  Exclusivity.  The  Company  acknowledges  that  Consultant has other
clients and the contractual arrangement described in this Agreement shall not be
exclusive  as  to  the  parties  hereto.

                                         VI.

                              MISCELLANEOUS  PROVISIONS
                              -------------------------

6.01.  Paragraph  Titles.  The  titles  in  this  Agreement  are  inserted  for
convenience  and  for  identification  purposes  only  and  are  not intended to
describe,  interpret,  define  or  limit  the  scope,  intent  or extent of this
Agreement  or  any  provisions  hereof.

                                        2
<PAGE>

6.02.  Binding  Provisions. The terms and conditions herein are binding upon and
ensure  to  the  benefit  of  the  successors and assigns of the parties hereto,
except  that,  this  Agreement  is  non-assignable  by  Consultant.

6.03.  Applicable  Law.  This  agreement  shall  be  construed  and  enforced in
accordance  with  the  laws  of  the  State  of  Nevada.

6.04.  Entire Agreement. This Agreement constitutes the entire agreement between
the  parties  and  supersedes  all other prior and contemporaneous negotiations,
agreements  and  arrangements  between  the  parties.

IN  WITNESS  WHEREOF,  the  parties  have  executed  this  Agreement on the date
provided  above.

McLaren  Consultations  Ltd

/s/ A.  McLaren
---------------------
Authorized  Signatory

Magnum  Industries  Inc.

/s/  Peter  Khean
---------------------
Authorized  Signatory

<PAGE>Exhibit 10.5

                     ASSETS  AND  SHARE  EXCHANGE  AGREEMENT

THIS  ASSETS  AND  SHARE  EXCHANGE  AGREEMENT  is  dated the 2nd of April, 2001.

BETWEEN  : CHANGZHOU  BROADWAY  GROUP  CO.  LTD,  whose  address  is No. 15,
           Huangshan  Road,  New  District,  Changzhou,  Jiangsu,  China.
           (  hereinafter  referred  to  as  "  OLD  CHANGZHOU  "  ),

AND  :     CHANGZHOU  BROADWAY  BUSINESS  DEVELOPMENT CO. LTD, with its business
           address  at  5th  floor,  Tianan  Industrial  Village,  New District,
           Changzhou, Jiangsu,  China.
           (  hereinafter  referred  to  as  "  NEW  CHANGZHOU  "  ).

WHEREAS  : OLD CHANGZHOU has established a reputable real estate development
business  with sizeable assets, and it now wishes to transfer some of its assets
into  another real estate development company with aggressive management skills,
in  exchange  for  majority  control  of  such  a  company.

WHEREAS  : NEW  CHANGZHOU  is  a newly formed company that has an aggressive
management team to take real estate projects to high levels within China, and it
now  wishes  to  join  with  another  real  estate  development company that has
significant  assets,  in  order  to  expedite  its  financial  goals.

NOW
WHEREAS:   OLD  CHANGZHOU  and  NEW CHANGZHOU wish to incorporate their mutual
assets,  whereby  OLD CHANGZHOU will transfer certain assets mentioned below, to
NEW  CHANGZHOU,  and  in  return  NEW  CHANGZHOU will issue common shares to OLD
CHANGZHOU  and  certain  designated  individuals  of  OLD  CHANGZHOU.

NOW  THEREFORE,  in  consideration  of the mutual terms and conditions contained
herein,  the  parties  hereby  agree  as  follows  :

SECTION   1  -  SCOPE  OF  THE  AGREEMENT

1.00 This  agreement  covers  within its scope all phases of the transfer of the
     assets by OLD CHANGZHOU to NEW CHANGZHOU, and the issuance of common shares
     of  NEW  CHANGZHOU  to  OLD  CHANGZHOU  and  its  designated  individuals.

                                        1
<PAGE>

SECTION   2  -  OBLIGATIONS  OF  OLD  CHANGZHOU

2.00 OLD  CHANGZHOU will transfer 7.56 hectares of prime development land to NEW
     CHANGZHOU.  Such  land  is  estimated  to  be worth 21,728,960 RMB ( for an
     exchange  rate  at  this  date of US$1: 8.2777 RMB, the land would be worth
     US$2,625,000 ). Such a transfer will be effected no later than December 31,
     2002.

2.01 OLD CHANGZHOU guarantees that the land being transferred, is free and clear
     of  all  financial  encumbrances.

2.02 OLD  CHANGZHOU guarantees that the valuation of the land being transferred,
     is  stated  at cost and not market value at the date of the above transfer.

2.03 OLD  CHANGZHOU  guarantees  that  the  land  being transferred is in no way
     contaminated,  and  that  such  land  could  be  used for housing and other
     development  purposes on an immediate basis after the necessary permits are
     issued.

2.04 OLD  CHANGZHOU  warrants  that  to  the best of its knowledge, there are no
     hindrances  to  applying  for  development  permits  for  the  land  being
     transferred.

2.05 When  and  if  necessity  demands, OLD CHANGZHOU will provide the necessary
     working  capital  to  NEW  CHANGZHOU  on  a short term basis to be mutually
     decided  between  the  parties.

2.06 The  necessary license to develop the land will be loaned free of charge to
     NEW  CHANGZHOU  until  such  time  when  NEW CHANGZHOU has its own license.
     During  the  loan period, all liabilities, legal or otherwise, would be the
     sold  responsibility  of  NEW  CHANGZHOU.

SECTION  3  -  OBLIGATIONS  OF  NEW  CHANGZHOU

3.00 In  exchange  for  the land being transferred by OLD CHANGZHOU mentioned in
     Section  2  above,  NEW  CHANGZHOU  would  allot and issue 2,625,000 of its
     common  shares  to  OLD  CHANGZHOU.

3.01 NEW  CHANGZHOU  to  provide  the necessary management to develop the assets
     being  transferred,  and  propel  the  Company to the next level as soon as
     possible.

3.02 NEW  CHANGZHOU  will  manage  the  assets  wisely.

SECTION   4  -  OTHER  MATTERS

4.00 INDEPENDENCE  Nothing  contained  herein  shall  be  deemed or construed to
     create  between  the  parties a partnership or joint venture. Neither party
     shall  have  the  authority  to  act  on  behalf  or  bind the other party.

                                        2
<PAGE>

4.01 Any  notice or other communication required or permitted hereunder shall be
     made  in  writing,  and shall be deemed to have been given if placed in the
     mail,  registered  and  certified,  postage prepaid, addressed to the other
     party.

4.02 CHOICE  OF  LAW  AND  ARBITRATION  This  Agreement  shall  be  governed  in
     accordance  with  the  laws  of  the  People's  Republic of China force and
     effect.  In the event of any dispute arising between the parties concerning
     this Agreement or its enforceability, the same shall be settled by a single
     arbitrator  pursuant  to  the  provisions  of  the  Arbitration  Act of the
     People's  Republic  of  China,  or  any  similar legislation then in force.

4.03 AGREEMENT, MODIFICATION, WAIVER AND HEADINGS This Agreement constitutes the
     entire  agreement  between  the  parties  hereto  pertaining to the subject
     matter  herein  and  supersedes  all  prior and contemporaneous agreements,
     understandings,  negotiations and discussions among the parties, written or
     otherwise.  No  supplement,  modification  or waiver or termination of this
     Agreement  shall  be  binding unless executed in writing by the party to be
     bound  thereby.

4.04 The  terms  and  provisions  herein  shall  be  binding on and inure to the
     benefit of the parties hereto, and their respective transferees, successors
     and  assigns.

                                        3
<PAGE>

IN  WITNESS   WHEREOF,  the  parties  have caused this Agreement to be effective
all  as  of  the  date  set  forth  above.

Signed,  Sealed  and  Delivered
by  OLD  CHANGZHOU
in  the  presence of :          CHANGZHOU  BROADWAY  GROUP  CO.
LTD
Ye  Jing  Ming                        /s/  Jiaping  Jiang
________________________     _________________________________
Witness                                   President

5th  Floor,  Tianan  Industrial  Village
New  District,  Changzhou,  Jiangsu,
China
________________________
Address
320404741202122
________________________
I.D.  Number

Signed,  Sealed  and  Delivered
by  NEW  CHANGZHOU
in  the  presence  of  :           CHANGZHOU  BROADWAY  BUSINESS  DEVELOPMENT
                                                CO.  LTD.
Ye  Jing  Ming                            /s/  Jiaping  Jiang
________________________           _________________________________
Witness                                        President

5th  Floor,  Tianan  Industrial  Village
New  District,  Changzhou,  Jiangsu,
China
________________________
Address
320404741202122
________________________
I.D.  Number

<PAGE>

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