Document:

China Packaging Technologies, Inc. - Exhibit 10.24 - Filed by
   newsfilecorp.com

Exhibit 10.24 

Commercial Bill Acceptance Agreement

 (English Summary) 

	Date of Signing 	Dec 28, 2009 
	  	  
	Parties to Contract 	
                         Great
      Shengda as Acceptance Applicant and Xiaoshan Bank of China as Acceptor
    

	  	
       

	Principal Amount 	
                     
         RMB 20 million 

	  	
       

	No of Bills Issued 	
                     
         4 

	  	
       

	Deposit 	
                         50%
      of principal amount, which is RMB 10 million, and interest rate of the
      deposit is the same as 6 months bank deposit 

	  	
       

	Commission 	
                     
         0.05% of bill amount, and be paid one-off 

	  	
       

	Guarantee 	
                     
         None 

	  	
       

	Application, rights and 	
                     
         Once the Acceptance Applicant sign on the commercial bill, it
      is deemed that the commercial bill is issued; 

	obligations 	
                         Disputes
      regarding the transactions on which the commercial bill is based shall not
      affect this agreement; 

		
                         When
      the commercial bill is due and the Acceptance Applicant can not settle or
      can only settle part of the amount, a daily penalty interest of 0.05% of
      the remaining amount is imposed on the Acceptance Applicant; 

		
                         When
      the commercial bill is due and the Acceptance Applicant does not pay, the
      Acceptor is entitled to deduct from the Acceptance Applicant’s bank
      account with only a notification to the Borrower; 

		
                         All
      expenses when executing this agreement shall be afforded by the Acceptance
      Applicant; 

		
                         The
      following will be deemed as breach of the agreement, and in case the
      Acceptance Applicant does not correct these breaches, the Acceptor is
      entitled to terminate the agreement, or announce that all or part of the
      balance are due immediately: 

	 	1. 	
      The statement made by the Acceptance Applicant is
      untrue;

	 	2. 	
      The Acceptance Applicant breaches other
  agreements;

	 	3. 	
      The Acceptance Applicant is part of any proceeding or
      arbitration, which may harm the interest of the Acceptor;

	 	4. 	
      Termination of business or dissolution or bankruptcy of
      the Acceptance Applicant;

	 	5. 	
      The Acceptance Applicant breaches other terms of this
      agreement;

                   The
Acceptor is entitled to transfer the rights and obligations to the headquarter
or other branches of BOC, and they will replace the Acceptor as a party of this
agreement. 

	Undertaking 	
                     
         We list below some material undertakings: 

		
                         The
      commercial bill is based on legal business transactions, and the
      Acceptance Applicant shall take all responsibility for its legality;
    

		
                         In
      case of any alternation in business mode including re-organization,
      planning for IPO, disposal of material assets, change of shareholding
      structure and other events that may affect Applicant’s financial status
      and capacity to perform under the Agreement, Applicant shall notify
      Acceptor in a timely manner and if such event may materially and adversely
      affect Applicant’s capacity to repay, such event must obtain Acceptor’s
      consent. 

		
                         Any
      present or future taxation shall be afforded by the Acceptance Applicant,
      if the Acceptor pay the taxation on the Acceptance Applicant’s behalf, the
      Acceptance Applicant should compensate the Acceptor immediately.

	  	
       

	Dispute Resolution 	
                     
         PRC court where the bank locates 

2China Packaging Technologies, Inc. - Exhibit 10.25 - Filed by
   newsfilecorp.com

Exhibit 10.25 

Commercial Bill Acceptance Agreement 

(English Summary) 

	Date of Signing 	
      Jan 12, 2010 

	  	
       

	Parties to Contract 	
                         Great
      Shengda as Acceptance Applicant and Xiaoshan Bank of China as Acceptor
    

	  	
       

	Principal Amount 	
                     
         RMB 20 million 

	  	
       

	No of Bills Issued 	
                     
         7 

	  	
       

	Deposit 	
                         50%
      of principal amount, which is RMB 10 million, and interest rate of the
      deposit is the same as 6 months bank deposit 

	  	
       

	Commission 	
                     
         0.05% of bill amount, and be paid one-off 

	  	
       

	Guarantee 	
                     
         None 

	  	
       

	Application, rights and 	
                     
         Once the Acceptance Applicant sign on the commercial bill, it
      is deemed that the commercial bill is issued; 

	obligations 	
                         Disputes
      regarding the transactions on which the commercial bill is based shall not
      affect this agreement; 

		
                         When
      the commercial bill is due and the Acceptance Applicant can not settle or
      can only settle part of the amount, a daily penalty interest of 0.05% of
      the remaining amount is imposed on the Acceptance Applicant; 

		
                         When
      the commercial bill is due and the Acceptance Applicant does not pay, the
      Acceptor is entitled to deduct from the Acceptance Applicant’s bank
      account with only a notification to the Borrower; 

		
                         All
      expenses when executing this agreement shall be afforded by the Acceptance
      Applicant; 

		
                         The
      following will be deemed as breach of the agreement, and in case the
      Acceptance Applicant does not correct these breaches, the Acceptor is
      entitled to terminate the agreement, or announce that all or part of the
      balance are due immediately: 

	 	1. 	
      The statement made by the Acceptance Applicant is
      untrue;

	 	2. 	
      The Acceptance Applicant breaches other
  agreements;

	 	3. 	
      The Acceptance Applicant is part of any proceeding or
      arbitration, which may harm the interest of the Acceptor;

	 	4. 	
      Termination of business or dissolution or bankruptcy of
      the Acceptance Applicant;

	 	5. 	
      The Acceptance Applicant breaches other terms of this
      agreement;

                   The
Acceptor is entitled to transfer the rights and obligations to the headquarter
or other branches of BOC, and they will replace the Acceptor as a party of this
agreement. 

	Undertaking 	
                     
         We list below some material undertakings: 

		
                         The
      commercial bill is based on legal business transactions, and the
      Acceptance Applicant shall take all responsibility for its legality;
    

		
                         In
      case of any alternation in business mode including re-organization,
      planning for IPO, disposal of material assets, change of shareholding
      structure and other events that may affect Applicant’s financial status
      and capacity to perform under the Agreement, Applicant shall notify
      Acceptor in a timely manner and if such event may materially and adversely
      affect Applicant’s capacity to repay, such event must obtain Acceptor’s
      consent. 

		
                         Any
      present or future taxation shall be afforded by the Acceptance Applicant,
      if the Acceptor pay the taxation on the Acceptance Applicant’s behalf, the
      Acceptance Applicant should compensate the Acceptor immediately.

	  	
       

	Dispute Resolution 	
                     
         PRC court where the bank locates 

2China Packaging Technologies, Inc. - Exhibit 10.26 - Filed by
   newsfilecorp.com

Exhibit 10.26 

Maximum Debt Guarantee Contract 

(English Summary) 

	Date of Signing 	March 12, 2009 
	  	  
	Contract No 	33905200900000966 
	  	  
	Parties to Contract 	           
             SD Group as Guarantor and Xiaoshan Agricultural
      Bank of China as Lender 
	  	  
	Guarantee 	           
             Great Shengda 
	  	  
	Guaranteed Maximum 	           
             RMB 75,000,000 million 
	Amount 	  
	Guaranteed Indebtedness 	                   1
      any indebtedness incurred by GREAT SHENGDA to Lender during the term of
      March 12, 2009 and March 12, 2010 
	  	           
             2 the Banker’s Acceptance of Commercial Bills
      Contract (商业汇票银行承兑合同,No 33201200800045814) between GREAT
      SHENGDA and Lender for principal of RMB 7 million 

 

	Guaranteed Scope 	
                         The
      principal, interests, penalty interests, compound interest; liquidated
      damage, damage, litigation cost and attorney fee arising from the
      realization of the debt of the relevant indebtedness. 

	  	
       

	Term 	
                     
         Two years after the expiration of the term of the relevant
      indebtedness 

	  	
       

	Undertakings 	
                     
         We list below some material undertakings: 

		
                         Guarantor
      must give 15 day prior written notice to Lender and obtain Lender’s prior
      written consent when: 

	  	
                         -
      Guarantor alters its capital structure or business mode, or 

		
                         -
      Guarantor provides guarantee to any third party or create encumbrance over
      its assets or equity for itself or any third party in a manner that may
      affect its performance under this contract. 

	  	
       

	Dispute Resolution 	
                     
         PRC court where Lender locatesChina Packaging Technologies, Inc. - Exhibit 10.27 - Filed by
   newsfilecorp.com

Exhibit 10.27 

Maximum Debt Guarantee Contract 

(English Summary) 

	Date of Signing 	Sept 10, 2009 
	 	 
	Contract No 	
    

	Parties to Contract 	
                     
         SD Group as Guarantor and Xiaoshan Bank of China as Lender
      

	  	
       

	Guarantee 	
                     
         Great Shengda 

	  	
       

	Guaranteed Maximum 	
                     
         RMB 150,000,000 million 

	Amount 	
       

	 	
       

	Guaranteed Indebtedness 	
                         any
      indebtedness incurred by Great Shengda to Lender during the term of Sept
      10, 2009 and Aug 10, 2010 

	  	
       

	Guaranteed Scope 	
                         The
      principal, interests, liquidated damage, damage, costs arising from the
      realization of the debt of the relevant indebtedness and any cost
      incurred. 

	  	
       

	Term 	
                     
         Two years after the expiration of the term of the relevant
      indebtedness 

	  	
       

	Undertakings 	
                         Guarantor
      shall inform Lender when any event that may affect its financial status or
      capacity to perform under the contract occurs.

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