Document:

EXHIBIT
10.5

     

    Maximum
Amount Guarantee Contract

     

    No. Year
2009 Di Xie Zi 001

    Mortgagor:Caopu Arts &
Crafts Co., Ltd.

    No. of
Business License: 371700400000825

    Legal
Representative/Principal: Li Jinliang

    Domicile:
2888 Qinghe Rd., Qinghe Office, Cao County, Shandong

    Post
Code: 274400

    Banker
and Account No.: Bank of China Limited, Cao County Branch
408055022418091001

    Tel:
0530-3432456   Fax: 0530-3431221

    

    Mortgagee:Bank of China
Limited, Cao County Branch

    Legal
Representative/Principal: Cui Youping

    Domicile:
1668 E. Section, Gongye Rd., Cao County

    Post
Code: 274400

    Tel:
0530-3211721   Fax: 0530-3212488

    

    In order
to fulfill the obligations as prescribed in master contracts mentioned in
Article 1 hereof, the mortgagor shall take voluntarily its property with the
legal disposition of property shown in the attached List of Mortgaged Property
as the mortgagee's claim to establish a mortgage. Both parties enter into this
contract upon an equal footing. Unless otherwise stipulated hereof, the
interpretation of terms hereof is pursuant to the master contracts.

    

    Article
1  Master Contracts

    The
master contracts of this contract cover:

    Contracts
in regard to Credit Line
Agreement which was numbered Year 2009 Xie Zi 001, the single agreements
which have been signed and will be signed under the Credit Line Agreement, and
their amendments or supplements concluded between the mortgagee and the debtor,
Caopu Arts & Crafts Co., Ltd. including master contracts that are agreed to
put under this contract.

    

    Article
2  Principal Claim and the Time Limit

    The
financial claims factually occurred during the following period, unless
otherwise established or stipulated, under master contracts may become principal
claims of this contract:

    from June
10, 2008 to April 23, 2010, as prescribed in Article 1 hereof.

    

    Article
3  Secured Maximum Amount of Claim

    
      	
              1.

            	
              The
      principal balance of the secured claims hereof
  is:

            

    

    Type of
Currency: RMB

    Amount
(in word): Nineteen Million Seventy Thousand (in figure):
12570000.00.

    
       

      
        
          
             

          

          
            第 1 页 共
16 页

            
              

            

          

          
             

          

        

      

    

    

    
      	
              2.

            	
              Where
      the principal claims as stipulated in Article 2 hereof comes to the
      maturity, the principal claims are identified as secured hereof, and the
      principal and accrued interest (including statutory interest, conventional
      interest, compound interest, penalty interest), liquidated damage,
      damages, expenses for enforcing claims (including but not limited to legal
      costs, lawyer's fees, notary fees, execution costs), losses aroused by the
      mortgagor’s breach to the mortgagee and all other payables generated based
      on principal claims also belong to secured claims and their detailed
      amounts may be assessed when
liquidated.

            

    

    The total
amounts of above-mentioned two types of claims are set as the maximum amount of
claim.

    

    Article
4  Mortgaged Property

    The
mortgaged property is subject to the attached List of Mortgaged
Property.

    Where the
mortgaged property is impaired, lost or damaged during the period of mortgage,
the mortgagee is entitled to enjoy the priority of having its claim satisfied
with insurance money, indemnity or compensatory payment. Where the secured claim
is not at maturity, the mortgagee may also draw insurance money, indemnity or
compensatory payment.

    

    Article
5  Mortgage Registration

    Where
mortgage registration is required by law, the mortgagor and the mortgagee shall,
within ten days following this contract is entered into, register with the
relevant registration authority.

    

    Where
mortgage registration is required by law, the mortgagor and the mortgagee shall
register the changes with the relevant registration authority within ten days
from the date.

    

    Article
6  Possession and Custody of Mortgaged Property

    The
mortgaged property hereof shall be in the possession and custody of the
mortgagor, while the document of title shall be put entirely under the custody
of the mortgagee. The mortgagor may agree to accept and positively coordinate
with the inspection of the mortgaged property at any time carried out by the
mortgagor and the designated institutions and individuals.

    The
mortgagor shall have the obligation to maintain, keep and preserve the mortgaged
property in good condition, and take effective measures to protect the mortgaged
property safe and intact. In case the mortgaged property is in need of repair or
maintenance, the mortgagor shall do it timely and bear corresponding
expenses.

    Without
the consent in written form of the mortgagee, the mortgagor shall not transfer,
lease, lend, contribute in kind, transform, reconstruct, or in any other way
dispose of the mortgaged property in part or as a whole; upon the written
consent of the mortgagor, the proceeds from disposition of mortgaged property
shall be used in discharge of debt or it shall be deposited with a third party
designated by the mortgagee.

    
      
         

      

      
        第 2 页 共
16 页

        
          

        

      

      
         

      

    

    

    Article
7  Disposition of Loss in the Value of Mortgaged Property

    Prior to
the complete satisfaction of the principal claim hereof, where the mortgagor's
acts are likely to cause the value of the mortgaged property to decline, the
mortgagee shall be entitled to demand that the mortgagor cease and deist from
such acts. Where the value of the mortgaged property has declined, the mortgagee
shall be entitled to demand that the mortgagor restore the original value of the
mortgaged property or provide security corresponding to the amount of the lost
value or security that is agreed by the mortgagee.

    In case
of loss, destruction or decline in the value of mortgaged property caused by
natural disasters, accidents, torts, and other reasons, the mortgagor shall take
immediate measures to prevent losses from expanding further, and immediately
notify the mortgagee in writing.

    

    Article
8  Fruits

    If the
mortgaged property is seized by a People's Court because of the mortgagor’s
failure to pay his due debts or occurrence of enforcement of the right to
mortgage in other means as stipulated hereof, the mortgagee shall, from the date
of seizure, be entitled to collect the natural fruits or legal fruits generated
from the mortgaged property, except that the mortgagee fails to notify the
person who has the obligation to pay legal fruits.

    The
fruits provided for in the preceding paragraph shall be first used to offset the
expenses for collecting the fruits.

    

    Article
9  Suretyship Liability

    Where the
mortgagor fails to perform discharge to the mortgagee on any normal or earlier
repayment date specified hereof, the mortgagee shall have the right to enforce
the mortgage right in accordance with law or this contractual agreement,
enjoying the priority of satisfying the claim in maximum amount as prescribed in
Article 3 of hereof.

    The
normal payment date in the preceding paragraph refers to the date, as stipulated
in master contracts, for repayment of principal, of interest, or of any sum that
the mortgagor shall repay to the mortgagee pursuant to this contract. Earlier
repayment date provided in the preceding paragraph means the date for repayment
in advance that is put forward by the mortgagor and accepted by the mortgagee,
and that the mortgagor is demanded by the mortgagee pursuant to contracts to
repay the debt principal and/or other any sum.

    

    Article
10  Mode and Duration of Enforcement of Mortgage

    Where the
suretyship liability becomes effective, the mortgagee is entitled to the
enforcement of mortgage right of the mortgaged property, as a whole, partial,
multiple or single sum, that is at the maturity of the obligation in accordance
with laws and regulations in regard to general mortgage.

    Concerning
each main claim, the mortgagee shall exercise the mortgage right during the
prescription; where such claim is to be liquidated in installments, the
mortgagee shall enforce the mortgage right prior to the prescription starting
from the last claim.

    

    Article
11  Enforcement of Mortgage Right

    Where the
suretyship liability becomes effective, the mortgagee may, through agreement
with the mortgagor, enjoy the priority of satisfying the main claim with
proceeds from the conversion of the mortgaged property or from the auction or
sale of the mortgaged property. If they fail to reach an agreement, the
mortgagee may bring a lawsuit in a People's Court, claiming an auction or sale
of the mortgaged property. The proceeds from disposition of the mortgaged
property shall be used for liquidation of the main claim after paying, in
advance, disposition cost of mortgaged property and expenses that the mortgagor
shall pay or repay the mortgagor.

    
      
         

      

      
        第 3 页 共
16 页

        
          

        

      

      
         

      

    

    

    Where the
main claim co-exists security or guaranty of other objects in addition to this
contract, any of mortgagee’s right prescribed hereof or the enforcement shall
not be affected and the mortgagor shall not defense the mortgagee as
such.

    

    Article
12  Relationship Between This Contract and Master
Contracts

    Where
Credit Line Agreement
is included in master contracts, extension of use period of credit line shall
receive written consent of the mortgagor. If without consent or with refusal of
the mortgagor, the mortgagor may only assume security responsibility for the
main claim within secured maximum amount to the mortgaged property occurred
during original use period of credit line period pursuant to Article 3
hereof.

    There is
no need to get consent of the mortgagor in alterations to other contents or
matters, and to single agreement under such in Credit Line Agreement, or to
single master contract. The mortgagor shall still
assume secured liability for the changed master
contract within
secured maximum amount to the mortgaged property pursuant to Article 3
hereof.

    Upon
consensus between the mortgagor and the mortgagee, change to the maximum amount
of secured claims as prescribed in Article 3 hereof may be made in written
form.

    Where
other mortgagee(s) of the mortgaged property indicated hereof exist(s), if
without written consent from it/them, above change shall not exert any adverse
effect on it/them.

    The
mortgagee may not get consent of the mortgagor if the mortgagee would like to
entrust to enforce whole or partial rights and obligations under master
contracts to Bank of China Limited’s institution or transfer claims of master
contracts to a third party. The secured liabilities shall not be reduced or
exempted from such. The mortgagor shall assist the mortgagee and its third party
to go through necessary legal procedures for mortgage change or
registration.

    

    Article
13  Declaration and Commitment

    Declaration
and commitment are made by the mortgagor as follows:

    
      	
              1.

            	
              The
      mortgagor has been legally registered and exists and has full capacity for
      civil rights and for civil conduct required for entering into and perform
      this contract, and enjoy lawful ownership or disposition of the mortgaged
      property.

            

    

    
      	
              2.

            	
              The
      mortgagor guarantees no other joint owner for this mortgaged property
      exists, or there are still other co-owner(s) who has/have already issued
      written permission. The mortgagor has made a commitment to have the
      mortgagee keep this written permission prior to concluding this
      contract.

            

    

    
      	
              3.

            	
              The
      mortgagor fully understands the contents of the master contracts, and
      conclusion and enforcement of this contract are based on the true
      intention of the mortgagor, and the mortgagor has acquired legal and
      effective authorization as per requirements prescribed in its Articles of
      Association or other internal management
  documentation.

            

    

    Where the
mortgagor is a third party and enterprise, the mortgagor has adopted the
resolution of providing this guarantee by the board of directors or board of
shareholders, shareholder assembly in compliance with in the Articles of
Association; where the limitation of total amount of surety and amount of each
single surety are set, the secured amount under this contract does not exceed
the prescribed limitation.

    
      
         

      

      
        第 4 页 共
16 页

        
          

        

      

      
         

      

    

    Conclusion
and enforcement of this contract may not violate any contract, agreement or
other legal documentation that has the binding force to the mortgagor. The
mortgagor has acquired or is to acquire every related approval, permit, filing
or registration for setting of this mortgage.

    
      	
              4.

            	
              All
      documentation and information provided by the mortgagor are accurate,
      authentic, complete and valid.

            

    

    
      	
              5.

            	
              The
      mortgagor has not concealed any security interest concerning the mortgaged
      property by the date when this contract is
  concluded.

            

    

    
      	
              6.

            	
              The
      mortgagor shall inform of the mortgagee in time, where the mortgaged
      property is set a new security interest, the mortgaged property is
      sequestrated or involved in severe lawsuit or arbitration
      case.

            

    

    
      	
              7.

            	
              Where
      the mortgaged property is under construction, the mortgagor shall make a
      commitment that no third party enjoys the priority right to be repaid;
      where the third party enjoying the priority right to be repaid does exist,
      the mortgagor shall promise to have the third party issue an announcement
      in written form stating to abdicate the priority right to be repaid, and
      to have the written announcement under the custody of the
      mortgagee.

            

    

    

    Article
14  Contractual Negligence

    In case
the mortgagor refuses to go through or delay mortgage registration, or this
contract could not take effect and mortgage right could not become effective due
to the mortgagor’s other causes following this contract is concluded, the
contractual negligence is thus constituted. The mortgagor shall be liable for
any losses thereof caused to the mortgagee.

    

    Article
15  Exposure of Mortgagor’s Affiliated Enterprises and Related
Trading

    Both
parties agree that the mortgagor does not belong to the group-type customer
according as Guidelines for the Risk Management by Commercial Banks for Granting
Credit to Customer Groups (shortened as the Guideline).

    

    Article
16  Default Incident and Disposition

    Any of
the following shall constitute or be deemed as the mortgagor’s breach of
agreement hereof:

    
      	
              1.

            	
              The
      mortgagor breaks the contract to transfer, lease, lend, contribute in
      kind, transform, reconstruct, or in any other way dispose of, without
      authorization, the mortgaged property in part or as a
    whole.

            

    

    
      	
              2.

            	
              The
      mortgagor impede the mortgagee to dispose of, in accordance with law
      and/or this contract, the mortgaged
property;

            

    

    
      	
              3.

            	
              Where
      the value of the mortgaged property is reduced as stated in Article 7
      hereof, the mortgagor does not recover the value of the mortgaged property
      nor provide guarantee as demanded.

            

    

    
      	
              4.

            	
              The
      mortgagor makes his statement inauthentic or acts against commitment
      hereof.

            

    

    
      	
              5.

            	
              The
      mortgagor breaks other promises in regard to rights and obligations of
      related parties hereof.

            

    

    
      	
              6.

            	
              The
      mortgagor terminates business operation or involves such occurrences as
      dissolution, revocation or bankruptcy
happens.

            

    

    
      	
              7.

            	
              The
      mortgagor is involved in default with the mortgagee or other institution
      of Bank of China Limited.

            

    

    Where
defaults as mentioned in the preceding paragraph occur, the mortgagee is
entitled to take, either separately or simultaneously, the following measures
depending on actual situations:

    
      	
              1.

            	
              Demanding
      the mortgagor to rectify its default within a specified time
      limit.

            

    

    
      	
              2.

            	
              Reducing,
      suspending or terminating the credit line to the mortgagor on entire or
      partial basis;

            

    

    
      
         

      

      
        第 5 页 共
16 页

        
          

        

      

      
         

      

    

    
      	
              3.

            	
              Suspending
      or terminating the mortgagor’s applications in hand for services under
      other contracts on entire or partial basis; suspending or terminating
      trade financing service on entire or partial basis for those have not been
      granted or have not applied for;

            

    

    
      	
              4.

            	
              Announcing
      the mortgagor’s outstanding loan/principal and other payables of trade
      financing under other contracts as a whole or in part fall due
      immediately;

            

    

    
      	
              5.

            	
              Demanding
      the mortgagor compensate for losses caused by its default to the
      mortgagee;

            

    

    
      	
              6.

            	
              Enforcing
      the mortgage right;

            

    

    
      	
              7.

            	
              Other
      measures that the mortgagee believe
necessary;

            

    

    

    Article
17  Reservation of Right

    Although
one party fails to exercise partial or entire rights hereof, or to demand the
other party to perform and bear partial duties and responsibilities, it does not
mean this party may renounce the claim or release from the duties and
responsibilities.

    One
party’s any tolerance, extension, or delay of exercising rights hereof against
the other party may not affect any right in accordance with this contract, laws,
rules and regulations, nor be deemed as renouncement of the right.

    

    Article
18  Alteration, Amendment and Termination

    Upon
agreement reached by both parties, any alteration or amendment in written form
shall be permitted, and any alteration or amendment shall compose an integral
part of this contract.

    Unless
otherwise specified by law or regulation or otherwise stipulated by parties
concerned, this contract shall not be terminated until obligations hereof have
been completely enforced.

    Unless
otherwise specified by law or regulation or otherwise stipulated by parties
concerned, The invalidity of any clause under this contract shall not affect the
legal effect of any other clause.

    

    Article
19  Legal Applicability and Dispute Settlement

    This
contract is applicable to any law of People's Republic of China.

    Any
controversy or dispute aroused from
enforcing this contract may be settled through negotiations. In case any
negotiation fails, both sides shall reach an agreement to adopt the same
solution as stipulated in master contracts.

    Where the
dispute that is now being solved does not affect the enforcement of other
clauses hereof, other clauses shall continue to be exercised.

    

    Article
20  Expenditure

    Unless
otherwise established or stipulated by parties concerned, the expenses generated
from conclusion, enforcement of this contract and dispute settlement (including
legal fees) shall be borne by the mortgagor.

    

    Article
21  Appendix

    The
following appendix or other appendices acknowledged by both parties constitute
an integral part of this contract and have the same force of law as this
contract.

    

    
      	
              1.

            	
              List
      of Mortgaged Property

            

    

    
      
         

      

      
        第 6 页 共
16 页

        
          

        

      

      
         

      

    

    

    Article
22  Other Stipulation

    
      	
              1.

            	
              Unless
      with the written consent of the mortgagee, the mortgagor shall not
      transfer any right or obligation hereof to a third
  party.

            

    

    
      	
              2.

            	
              Where
      the mortgagee, due to business needs, has to entrust other institution of
      Bank of China Limited to enforce rights and obligations hereof, the
      mortgagor may acknowledge such act and the authorized institution of Bank
      of China Limited shall be entitled to execute all rights hereof and submit
      the disputes to courts or arbitration
tribunal.

            

    

    
      	
              3.

            	
              On
      the condition of not affecting other stipulation hereof, this contract
      shall be legally binding to both sides, respective heirs and grantees
      generated according to the law.

            

    

    
      	
              4.

            	
              Unless
      otherwise stipulated, both parties may take the domiciles mentioned hereof
      for mailing and contact and shall inform of the other party in written
      form where the changes to mailing and contact addresses
      happen.

            

    

    
      	
              5.

            	
              The
      headlines and names of services indicated hereof are only for convenient
      use and may not be used as explanation of clauses or obligations of
      parties concerned.

            

    

    

    Article
23  Effectiveness and Establishment of Mortgage Right

    This
contract takes effect as of the date on which legal representatives,
persons-in-charge or their authorized signatories autographed and the official
seals affixed. Where mortgage registration is required according to law, it
shall come into force until registration formalities have been
undergone.

    The
mortgage right is set once this contract becomes effective.

    

    This
contract has three original copies that are respectively under the custody of
both parties and the registration authority and have the same legal
effect.

    

    Mortgagor:
Shandong Caopu Arts&Crafts Co. Ltd

    Authorized
Signer: Li Jin Liang

    August
25, 2009

    

    Mortgagee:
Bank of China Limited

    Authorized
Signer: Cui Youping

    August
25, 2009

    
      
         

      

      
        第 7 页 共
16 页

        
          

        

      

      
         

      

    

    
       

      List of
Mortgaged Property

      Number:
Year 2009 Di Xie Zi
001

       

      Page 1 of
2

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    	
                                            Mortgaged 

                                            Property

                                          	 
      	
                                            Area

                                          	 
      	
                                            Valuation

                                          	 
      	
                                            Ownership/

                                            Use Right

                                            (No. of
      Document
      of

                                            Title)

                                          	 
      	
                                            Location

                                          	 
      	
                                            Registration

                                            Authority

                                          
	 	 	 	 	 	 	 	 	 	 	 
	
                                            Housing

                                          	 
      	
                                            2387.07

                                          	 
      	
                                            2421680

                                          	 
      	
                                            Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500023114

                                          	 
      	
                                            Zhongkou Village, E.
      of Heshang Rd., Pulianji Town, Cao County

                                          	 
      	
                                            Cao
      County  Real Estate Administration

                                          
	 	 	 	 	 	 	 	 	 	 	 
	
                                            Housing

                                          	 
      	
                                            1597.80

                                          	 
      	
                                            1403085

                                          	 
      	
                                            Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500023114

                                          	 
      	
                                            Zhongkou Village, E.
      of Heshang Rd., Pulianji Town, Cao County

                                          	 
      	
                                            Cao
      County  Real Estate Administration

                                          
	 	 	 	 	 	 	 	 	 	 	 
	
                                            Housing

                                          	 
      	
                                            8593.65

                                          	 
      	
                                            9804435

                                          	 
      	
                                            Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500023114

                                          	 
      	
                                            Zhongkou Village, E.
      of Heshang Rd., Pulianji Town, Cao County

                                          	 
      	
                                            Cao
      County  Real Estate Administration

                                          
	 	 	 	 	 	 	 	 	 	 	 
	
                                            Housing

                                          	 
      	
                                            8593.65

                                          	 
      	
                                            9804435

                                          	 
      	
                                            Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500023114

                                          	 
      	
                                            Zhongkou Village, E.
      of Heshang Rd., Pulianji Town, Cao County

                                          	 
      	
                                            Cao
      County  Real Estate Administration

                                          
	 	 	 	 	 	 	 	 	 	 	 
	
                                            Housing

                                          	 
      	
                                            2153.84

                                          	 
      	
                                            1183234

                                          	 
      	
                                            Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500023114

                                          	 
      	
                                            Zhongkou Village, E.
      of Heshang Rd., Pulianji Town, Cao County

                                          	 
      	
                                            Cao
      County  Real Estate Administration

                                          
	 	 	 	 	 	 	 	 	 	 	 
	
                                            Housing

                                          	 
      	
                                            570.21

                                          	 
      	
                                            422252

                                          	 
      	
                                            Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500023115

                                          	 
      	
                                            Zhongkou Village, E.
      of Heshang Rd., Pulianji Town, Cao County

                                          	 
      	
                                            Cao
      County  Real Estate
  Administration

                                          

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
           

        

        
          第 8 页 共
16 页

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                	
                                                        Housing

                                                      	 
      	
                                                        2147.25

                                                      	 
      	
                                                        1179618

                                                      	 
      	
                                                        Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500023115

                                                      	 
      	
                                                        Zhongkou Village, E.
      of Heshang Rd., Pulianji Town, Cao County

                                                      	 
      	
                                                        Cao
      County  Real Estate Administration

                                                      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                        Housing

                                                      	 
      	
                                                        1520.82

                                                      	 
      	
                                                        789488

                                                      	 
      	
                                                        Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500023115

                                                      	 
      	
                                                        Zhongkou Village, E.
      of Heshang Rd., Pulianji Town, Cao County

                                                      	 
      	
                                                        Cao
      County  Real Estate Administration

                                                      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                        Certificate for the
      use of state-owned land

                                                      	 
      	 
      	 
      	 
      	 
      	
                                                        Cao Guo Yong 2006 No.
      189

                                                      	 
      	
                                                        Zhongkou Village,
      Pulianji Town

                                                      	 
      	
                                                        Cao County Bureau of
      Land and Resources

                                                      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                        Certificate for the
      use of state-owned land

                                                      	 
      	 
      	 
      	 
      	 
      	
                                                        Cao Guo Yong 2006 No.
      189

                                                      	 
      	
                                                        Zhongkou Village,
      Pulianji Town

                                                      	 
      	
                                                        Cao County Bureau of
      Land and Resources

                                                      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                        Structure

                                                      	 
      	
                                                        4004.33

                                                      	 
      	
                                                        2289443

                                                      	 
      	 
      	 
      	 
      	 
      	 
      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                        Annex

                                                      	 
      	 
      	 
      	
                                                        991671.89

                                                      	 
      	 
      	 
      	 
      	 
      	 
      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                        subtotal

                                                      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                        Housing

                                                      	 
      	
                                                        1571.05

                                                      	 
      	
                                                        1309219

                                                      	 
      	
                                                        Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500025870

                                                      	 
      	
                                                        E. of Qinghe Rd., Cao
      County

                                                      	 
      	
                                                        Cao
      County  Real Estate Administration

                                                      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                        Housing

                                                      	 
      	
                                                        1571.05

                                                      	 
      	
                                                        1309219

                                                      	 
      	
                                                        Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500025870

                                                      	 
      	
                                                        E. of Qinghe Rd., Cao
      County

                                                      	 
      	
                                                        Cao
      County  Real Estate Administration

                                                      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                        Housing

                                                      	 
      	
                                                        1571.05

                                                      	 
      	
                                                        1309219

                                                      	 
      	
                                                        Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500025870

                                                      	 
      	
                                                        E. of Qinghe Rd., Cao
      County

                                                      	 
      	
                                                        Cao
      County  Real Estate Administration

                                                      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                        Housing

                                                      	 
      	
                                                        611.75

                                                      	 
      	
                                                        374268

                                                      	 
      	
                                                        Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500023301

                                                      	 
      	
                                                        Huadian Village,
      Nanlong, Zhongkou, Pulianji Town, Cao County

                                                      	 
      	
                                                        Cao
      County  Real Estate
  Administration

                                                      

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
           

        

        
          第 9 页 共
16 页

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  	
                                                          Housing

                                                        	 
      	
                                                          8682.17

                                                        	 
      	
                                                          8972857

                                                        	 
      	
                                                          Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500023301

                                                        	 
      	
                                                          Huadian Village,
      Nanlong, Zhongkou, Pulianji Town, Cao County

                                                        	 
      	
                                                          Cao
      County  Real Estate Administration

                                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                                          Certificate for the
      use of state-owned land

                                                        	 
      	 
      	 
      	 
      	 
      	
                                                          Cao Guo Yong 2006 No.
      189

                                                        	 
      	
                                                          Zhongkou Village,
      Pulianji Town

                                                        	 
      	
                                                          Cao County Bureau of
      Land and Resources

                                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                                          subtotal

                                                        	 
      	 
      	 
      	
                                                          11815903

                                                        	 
      	 
      	 
      	 
      	 
      	 
      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                          Housing

                                                        	 
      	
                                                          1611.73

                                                        	 
      	
                                                          1328145

                                                        	 
      	
                                                          Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500025871

                                                        	 
      	
                                                          W. of Qinghe Rd., Cao
      County

                                                        	 
      	
                                                          Cao
      County  Real Estate Administration

                                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                                          Housing

                                                        	 
      	
                                                          2339.1

                                                        	 
      	
                                                          2917143

                                                        	 
      	
                                                          Cao Fang Quan Zheng Pu
      Lian Ji Zi 2500023113

                                                        	 
      	
                                                          S. of Xizhongkou
      Village, Heshang Rd., Cao County

                                                        	 
      	
                                                          Cao
      County  Real Estate Administration

                                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                                          Certificate for the
      use of state-owned land

                                                        	 
      	 
      	 
      	 
      	 
      	
                                                          Cao Guo Yong 2001 No.
      0106

                                                        	 
      	
                                                          Zhongkou Village,
      Pulianji Town

                                                        	 
      	
                                                          Cao County Bureau of
      Land and Resources

                                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                                          subtotal

                                                        	 
      	 
      	 
      	
                                                          4245288

                                                        	 
      	 
      	 
      	 
      	 
      	 
      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                          Housing

                                                        	 
      	
                                                          730.83

                                                        	 
      	
                                                          323728

                                                        	 
      	
                                                          Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023359

                                                        	 
      	
                                                          N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                        	 
      	
                                                          Cao
      County  Real Estate Administration

                                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                                          Housing

                                                        	 
      	
                                                          100

                                                        	 
      	
                                                          43120

                                                        	 
      	
                                                          Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023359

                                                        	 
      	
                                                          N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                        	 
      	
                                                          Cao
      County  Real Estate Administration

                                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                                          Housing

                                                        	 
      	
                                                          126.41

                                                        	 
      	
                                                          38819

                                                        	 
      	
                                                          Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023359

                                                        	 
      	
                                                          N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                        	 
      	
                                                          Cao
      County  Real Estate Administration

                                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                                          Housing

                                                        	 
      	
                                                          496.5

                                                        	 
      	
                                                          243285

                                                        	 
      	
                                                          Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023359

                                                        	 
      	
                                                          N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                        	 
      	
                                                          Cao
      County  Real Estate
  Administration

                                                        

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
           

        

        
          第 10 页 共
16 页

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              	
                                                      Housing

                                                    	 
      	
                                                      30.2

                                                    	 
      	
                                                      14134

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023359

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      229.7

                                                    	 
      	
                                                      101711

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023360

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      299.2

                                                    	 
      	
                                                      131259

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023360

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      116.3

                                                    	 
      	
                                                      37838

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023360

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      166.5

                                                    	 
      	
                                                      53041

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023360

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      480.1

                                                    	 
      	
                                                      246651

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023363

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      541.98

                                                    	 
      	
                                                      245842

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023363

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      177.9

                                                    	 
      	
                                                      58534

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023363

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      668.96

                                                    	 
      	
                                                      364128

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023363

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate
  Administration

                                                    

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
           

        

        
          第 11 页 共
16 页

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              	
                                                      Housing

                                                    	 
      	
                                                      76.04

                                                    	 
      	
                                                      35108

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023363

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      2536.4

                                                    	 
      	
                                                      1521231

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023364

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      52.96

                                                    	 
      	
                                                      14767

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023364

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      85.69

                                                    	 
      	
                                                      36093

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023364

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      338.63

                                                    	 
      	
                                                      187736

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023364

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      1343

                                                    	 
      	
                                                      872412

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023364

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      510.95

                                                    	 
      	
                                                      423884

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023361

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      1524.82

                                                    	 
      	
                                                      834686

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023361

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      308.04

                                                    	 
      	
                                                      130994

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023361

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate
  Administration

                                                    

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
           

        

        
          第 12 页 共
16 页

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              	
                                                      Housing

                                                    	 
      	
                                                      68

                                                    	 
      	
                                                      31824

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023361

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      1434.7

                                                    	 
      	
                                                      899656

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023361

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      84.34

                                                    	 
      	
                                                      44633

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023362

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      274.5

                                                    	 
      	
                                                      179852

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023362

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      981.3

                                                    	 
      	
                                                      616021

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023362

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      1302.06

                                                    	 
      	
                                                      817382

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023362

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      695.37

                                                    	 
      	
                                                      346815

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023362

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      1047.94

                                                    	 
      	
                                                      669005

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023365

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      214.32

                                                    	 
      	
                                                      90271

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023365

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate
  Administration

                                                    

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
           

        

        
          第 13 页 共
16 页

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              	
                                                      Housing

                                                    	 
      	
                                                      199.07

                                                    	 
      	
                                                      83849

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023365

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      211.44

                                                    	 
      	
                                                      67618

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023365

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      18.3

                                                    	 
      	
                                                      7993

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023365

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      31.08

                                                    	 
      	
                                                      13523

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023366

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      83.5

                                                    	 
      	
                                                      23447

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023366

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      967.04

                                                    	 
      	
                                                      1003698

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023366

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      271.68

                                                    	 
      	
                                                      143773

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023366

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      141.24

                                                    	 
      	
                                                      76880

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023366

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate Administration

                                                    
	 	 	 	 	 	 	 	 	 	 	 
	
                                                      Housing

                                                    	 
      	
                                                      57.63

                                                    	 
      	
                                                      37178

                                                    	 
      	
                                                      Cao Fang Quan Zheng Pu
      Lian Ji Zi 250023366

                                                    	 
      	
                                                      N. of Caoyu Rd. Cao
      County (1km away from E. of Zhongkou)

                                                    	 
      	
                                                      Cao
      County  Real Estate
  Administration

                                                    

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
           

        

        
          第 14 页 共
16 页

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        	
                                                                Certificate for the
      use of state-owned land

                                                              	 
      	 
      	 
      	 
      	 
      	
                                                                Cao Guo Yong 2001 No.
      0105

                                                              	 
      	
                                                                Zhongkou Village,
      Pulianji Town

                                                              	 
      	
                                                                Cao County Bureau of
      Land and Resources

                                                              
	 	 	 	 	 	 	 	 	 	 	 
	
                                                                subtotal

                                                              	 
      	 
      	 
      	
                                                                16810426

                                                              	 
      	 
      	 
      	 
      	 
      	 
      
	 	 	 	 	 	 	 	 	 	 	 
	
                                                                Housing

                                                              	 
      	
                                                                6255.05

                                                              	 
      	
                                                                5542681

                                                              	 
      	
                                                                Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002102

                                                              	 
      	
                                                                N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                                              	 
      	
                                                                Cao
      County  Real Estate Administration

                                                              
	 	 	 	 	 	 	 	 	 	 	 
	
                                                                Housing

                                                              	 
      	
                                                                368.87

                                                              	 
      	
                                                                232520

                                                              	 
      	
                                                                Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002102

                                                              	 
      	
                                                                N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                                              	 
      	
                                                                Cao
      County  Real Estate Administration

                                                              
	 	 	 	 	 	 	 	 	 	 	 
	
                                                                Housing

                                                              	 
      	
                                                                129.66

                                                              	 
      	
                                                                81732

                                                              	 
      	
                                                                Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002102

                                                              	 
      	
                                                                N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                                              	 
      	
                                                                Cao
      County  Real Estate Administration

                                                              
	 	 	 	 	 	 	 	 	 	 	 
	
                                                                Housing

                                                              	 
      	
                                                                5219.84

                                                              	 
      	
                                                                3034814

                                                              	 
      	
                                                                Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002102

                                                              	 
      	
                                                                N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                                              	 
      	
                                                                Cao
      County  Real Estate Administration

                                                              
	 	 	 	 	 	 	 	 	 	 	 
	
                                                                Housing

                                                              	 
      	
                                                                374.18

                                                              	 
      	
                                                                224418

                                                              	 
      	
                                                                Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002103

                                                              	 
      	
                                                                N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                                              	 
      	
                                                                Cao
      County  Real Estate Administration

                                                              
	 	 	 	 	 	 	 	 	 	 	 
	
                                                                Housing

                                                              	 
      	
                                                                258.72

                                                              	 
      	
                                                                161503

                                                              	 
      	
                                                                Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002103

                                                              	 
      	
                                                                N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                                              	 
      	
                                                                Cao
      County  Real Estate Administration

                                                              
	 	 	 	 	 	 	 	 	 	 	 
	
                                                                Housing

                                                              	 
      	
                                                                450.05

                                                              	 
      	
                                                                222288

                                                              	 
      	
                                                                Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002103

                                                              	 
      	
                                                                N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                                              	 
      	
                                                                Cao
      County  Real Estate Administration

                                                              
	 	 	 	 	 	 	 	 	 	 	 
	
                                                                Housing

                                                              	 
      	
                                                                117.58

                                                              	 
      	
                                                                31429

                                                              	 
      	
                                                                Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002103

                                                              	 
      	
                                                                N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                                              	 
      	
                                                                Cao
      County  Real Estate Administration

                                                              
	 	 	 	 	 	 	 	 	 	 	 
	
                                                                Housing

                                                              	 
      	
                                                                720

                                                              	 
      	
                                                                285768

                                                              	 
      	
                                                                Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002116

                                                              	 
      	
                                                                N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                                              	 
      	
                                                                Cao
      County  Real Estate Administration

                                                              
	 	 	 	 	 	 	 	 	 	 	 
	
                                                                Housing

                                                              	 
      	
                                                                190.6

                                                              	 
      	
                                                                78737

                                                              	 
      	
                                                                Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002116

                                                              	 
      	
                                                                N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                                              	 
      	
                                                                Cao
      County  Real Estate
  Administration

                                                              

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
           

        

        
          第 15 页 共
16 页

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  	
                                          Housing

                                        	 
      	
                                          321.09

                                        	 
      	
                                          114928

                                        	 
      	
                                          Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002116

                                        	 
      	
                                          N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                        	 
      	
                                          Cao
      County  Real Estate Administration

                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                          Housing

                                        	 
      	
                                          378.17

                                        	 
      	
                                          136761

                                        	 
      	
                                          Cao Fang Quan Zheng Pu
      Lian Ji Zi 0000002116

                                        	 
      	
                                          N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                        	 
      	
                                          Cao
      County  Real Estate Administration

                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                          Certificate for the
      use of state-owned land

                                        	 
      	 
      	 
      	 
      	 
      	
                                          Cao Guo Yong 2003 No.
      080

                                        	 
      	
                                          Zhongkou Village,
      Pulianji Town

                                        	 
      	
                                          Cao County Bureau of
      Land and Resources

                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                          Structure

                                        	 
      	
                                          1453

                                        	 
      	
                                          868137

                                        	 
      	 
      	 
      	
                                          N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                        	 
      	
                                          Cao
      County  Real Estate Administration

                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                          Annex

                                        	 
      	 
      	 
      	
                                          1411114

                                        	 
      	 
      	 
      	
                                          N. of Caoyu Rd. (1km
      away from E. of Zhongkou)

                                        	 
      	
                                          Cao
      County  Real Estate Administration

                                        
	 	 	 	 	 	 	 	 	 	 	 
	
                                          subtotal

                                        	 
      	 
      	 
      	
                                          12426831

                                        	 
      	 
      	 
      	 
      	 
      	 
      
	 	 	 	 	 	 	 	 	 	 	 
	
                                          total

                                        	
                                           

                                        	 
      	
                                           

                                        	
                                          66167721

                                        	
                                           

                                        	 
      	
                                           

                                        	 
      	
                                           

                                        	 
      

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
           

        

        
          第 16 页 共
16 页EXHIBIT
10.6

      

    Maximum
Amount Guarantee Contract

      

    No. Year
2009 Di Xie Zi 002

    Mortgagor:Caopu Arts &
Crafts Co., Ltd.

    No. of
Business License: 371700400000825

    Legal
Representative/Principal: Li Jinliang

    Domicile:
2888 Qinghe Rd., Qinghe Office, Cao County, Shandong

    Post
Code: 274400

    Banker
and Account No.: Bank of China Limited, Cao County Branch
08055022418091001

    Tel:
0530-3432456   Fax: 0530-3431221

    

    Mortgagee:Bank of China
Limited, Cao County Branch

    Legal
Representative/Principal: Cui Youping

    Domicile:
1668 E. Section, Gongye Rd., Cao County

    Post
Code: 274400

    Tel:
0530-3211721   Fax: 0530-3212488

    

    In order
to fulfill the obligations as prescribed in master contracts mentioned in
Article 1 hereof, the mortgagor shall take voluntarily its property with the
legal disposition of property shown in the attached List of Mortgaged Property
as the mortgagee's claim to establish a mortgage. Both parties enter into this
contract upon an equal footing. Unless otherwise stipulated hereof, the
interpretation of terms hereof is pursuant to the master contracts.

    

    Article
1  Master Contracts

    The
master contracts of this contract cover:

    2009 Xie
Zi 001 Line of Credit Agreement as well as single contract signed and to be
signed based on such Line of Credit Agreement, and their amendments or
supplements concluded between the mortgagee and the debtor, Caopu Arts &
Crafts Co., Ltd., including master contracts that are agreed to put under this
contract.

    

    Article
2  Principal Claim and the Time Limit

    The
financial claims factually occurred during the following period, unless
otherwise established or stipulated, under master contracts may become principal
claims of this contract:

    from
effective date of Line of Credit Agreement mentioned in Article 1 hereof to
expiration date of Line of Credit prescribed in above Agreement and its
amendments and supplements.

    
      
         

      

      
        第 1 页 共
14 页

        
          

        

      

      
         

      

    

    

    Article
3  Secured Maximum Amount of Claim

    
      	
              1.

            	
              The
      principal balance of the secured claims hereof
  is:

            

    

    Type of
Currency: RMB

    
      Amount
(in word): Twelve Million Five hundred Forty-eight Thousand and
Sixty-six.

    

    (in
figure): 12,548,066.00.

    
      	
              2.

            	
              Where
      the principal claims as stipulated in Article 2 hereof comes to the
      maturity, the principal claims are identified as secured hereof, and the
      principal and accrued interest (including statutory interest, conventional
      interest, compound interest, penalty interest), liquidated damage,
      damages, expenses for enforcing claims (including but not limited to legal
      costs, lawyer's fees, notary fees, execution costs), losses aroused by the
      mortgagor’s breach to the mortgagee and all other payables generated based
      on principal claims also belong to secured claims and their detailed
      amounts may be assessed when
liquidated.

            

    

    The total
amounts of above-mentioned two types of claims are set as the maximum amount of
claim.

    

    Article
4  Mortgaged Property

    The
mortgaged property is subject to the attached List of Mortgaged
Property.

    Where the
mortgaged property is impaired, lost or damaged during the period of mortgage,
the mortgagee is entitled to enjoy the priority of having its claim satisfied
with insurance money, indemnity or compensatory payment. Where the secured claim
is not at maturity, the mortgagee may also draw insurance money, indemnity or
compensatory payment.

    

    Article
5  Mortgage Registration

    Where
mortgage registration is required by law, the mortgagor and the mortgagee shall,
within ten (10) days following this contract is entered into, register the
changes with the relevant registration authority within five days from the date
on which the particulars are changed.

    

    Article
6  Possession and Custody of Mortgaged Property

    The
mortgaged property hereof shall be in the possession and custody of the
mortgagor, while the document of title shall be put entirely under the custody
of the mortgagee. The mortgagor may agree to accept and positively coordinate
with the inspection of the mortgaged property at any time carried out by the
mortgagor and the designated institutions and individuals.

    
      
         

      

      
        第 2 页 共
14 页

        
          

        

      

      
         

      

    

    The
mortgagor shall have the obligation to maintain, keep and preserve the mortgaged
property in good condition, and take effective measures to protect the mortgaged
property safe and intact. In case the mortgaged property is in need of repair or
maintenance, the mortgagor shall do it timely and bear corresponding
expenses.

    Without
the consent in written form of the mortgagee, the mortgagor shall not transfer,
lease, lend, contribute in kind, transform, reconstruct, or in any other way
dispose of the mortgaged property in part or as a whole; upon the written
consent of the mortgagor, the proceeds from disposition of mortgaged property
shall be used in discharge of debt or it shall be deposited with a third party
designated by the mortgagee.

    

    Article
7  Disposition of Loss in the Value of Mortgaged Property

    Prior to
the complete satisfaction of the principal claim hereof, where the mortgagor's
acts are likely to cause the value of the mortgaged property to decline, the
mortgagee shall be entitled to demand that the mortgagor cease and deist from
such acts. Where the value of the mortgaged property has declined, the mortgagee
shall be entitled to demand that the mortgagor restore the original value of the
mortgaged property or provide security corresponding to the amount of the lost
value or security that is agreed by the mortgagee.

    In case
of loss, destruction or decline in the value of mortgaged property caused by
natural disasters, accidents, torts, and other reasons, the mortgagor shall take
immediate measures to prevent losses from expanding further, and immediately
notify the mortgagee in writing.

    

    Article
8  Fruits

    If the
mortgaged property is seized by a People's Court because of the mortgagor’s
failure to pay his due debts or occurrence of enforcement of the right to
mortgage in other means as stipulated hereof, the mortgagee shall, from the date
of seizure, be entitled to collect the natural fruits or legal fruits generated
from the mortgaged property, except that the mortgagee fails to notify the
person who has the obligation to pay legal fruits.

    The
fruits provided for in the preceding paragraph shall be first used to offset the
expenses for collecting the fruits.

    

    Article
9  Suretyship Liability

    Where the
mortgagor fails to perform discharge to the mortgagee on any normal or earlier
repayment date specified hereof, the mortgagee shall have the right to enforce
the mortgage right in accordance with law or this contractual agreement,
enjoying the priority of satisfying the claim in maximum amount as prescribed in
Article 3 of hereof.

    
      
         

      

      
        第 3 页 共
14 页

        
          

        

      

      
         

      

    

    The
normal payment date in the preceding paragraph refers to the date, as stipulated
in master contracts, for repayment of principal, of interest, or of any sum that
the mortgagor shall repay to the mortgagee pursuant to this contract. Earlier
repayment date provided in the preceding paragraph means the date for repayment
in advance that is put forward by the mortgagor and accepted by the mortgagee,
and that the mortgagor is demanded by the mortgagee pursuant to contracts to
repay the debt principal and/or other any sum.

    

    Article
10  Mode and Duration of Enforcement of Mortgage

    Where the
suretyship liability becomes effective, the mortgagee is entitled to the
enforcement of mortgage right of the mortgaged property, as a whole, partial,
multiple or single sum, that is at the maturity of the obligation in accordance
with laws and regulations in regard to general mortgage.

    Concerning
each main claim, the mortgagee shall exercise the mortgage right during the
prescription; where such claim is to be liquidated in installments, the
mortgagee shall enforce the mortgage right prior to the prescription starting
from the last claim.

    

    Article
11  Enforcement of Mortgage Right

    Where the
suretyship liability becomes effective, the mortgagee may, through agreement
with the mortgagor, enjoy the priority of satisfying the main claim with
proceeds from the conversion of the mortgaged property or from the auction or
sale of the mortgaged property. If they fail to reach an agreement, the
mortgagee may bring a lawsuit in a People's Court, claiming an auction or sale
of the mortgaged property. The proceeds from disposition of the mortgaged
property shall be used for liquidation of the main claim after paying, in
advance, disposition cost of mortgaged property and expenses that the mortgagor
shall pay or repay the mortgagor.

    Where the
main claim co-exists security or guaranty of other objects in addition to this
contract, any of mortgagee’s right prescribed hereof or the enforcement shall
not be affected and the mortgagor shall not defense the mortgagee as
such.

    

    Article
12  Relationship Between This Contract and Master
Contracts

    Where
Credit Line Agreement/General Agreement of Credit Business is included in master
contracts, extension of use period of credit line/business cooperation period
shall receive written consent of the mortgagor. If without consent or with
refusal of the mortgagor, the mortgagor may only assume security responsibility
for the main claim within secured maximum amount to the mortgaged property
occurred during original use period of credit line/business cooperation period
pursuant to Article 3 hereof.

    
      
         

      

      
        第 4 页 共
14 页

        
          

        

      

      
         

      

    

    There is
no need to get consent of the mortgagor in alterations to other contents or
matters, and to single agreement under such in Credit Line Agreement/General
Agreement of Credit Business, or to single master contract. The mortgagor shall
still assume guarantee liability for changed master contract within the maximum
amount of secured debt pursuant to Article 3 hereof.

    Upon
consensus between the mortgagor and the mortgagee, change to the maximum amount
of secured claims as prescribed in Article 3 hereof may be made in written
form.

    Where
other mortgagee(s) of the mortgaged property indicated hereof exist(s), if
without written consent from it/them, above change shall not exert any adverse
effect on it/them.

    The
mortgagee may not get consent of the mortgagor if the mortgagee would like to
entrust to enforce whole or partial rights and obligations under master
contracts to Bank of China Limited’s institution or transfer claims of master
contracts to a third party. The secured liabilities shall not be reduced or
exempted from such. The mortgagor shall assist the mortgagee and its third party
to go through necessary legal procedures for mortgage change or
registration.

    

    Article
13  Declaration and Commitment

    Declaration
and commitment are made by the mortgagor as follows:

    
      	
              1.

            	
              The
      mortgagor has been legally registered and exists and has full capacity for
      civil rights and for civil conduct required for entering into and perform
      this contract, and enjoy lawful ownership or disposition of the mortgaged
      property.

            

    

    
      	
              2.

            	
              The
      mortgagor guarantees no other joint owner for this mortgaged property
      exists, or there are still other co-owner(s) who has/have already issued
      written permission. The mortgagor has made a commitment to have the
      mortgagee keep this written permission prior to concluding this
      contract.

            

    

    
      	
              3.

            	
              The
      mortgagor fully understands the contents of the master contracts, and
      conclusion and enforcement of this contract are based on the true
      intention of the mortgagor, and the mortgagor has acquired legal and
      effective authorization as per requirements prescribed in its Articles of
      Association or other internal management
  documentation.

            

    

    Where the
mortgagor is a third party and enterprise, the mortgagor has adopted the
resolution of providing this guarantee by the board of directors or board of
shareholders, shareholder assembly in compliance with in the Articles of
Association; where the limitation of total amount of surety and amount of each
single surety are set, the secured amount under this contract does not exceed
the prescribed limitation.

    Conclusion
and enforcement of this contract may not violate any contract, agreement or
other legal documentation that has the binding force to the mortgagor. The
mortgagor has acquired or is to acquire every related approval, permit, filing
or registration for setting of this mortgage.

    
      
         

      

      
        第 5 页 共
14 页

        
          

        

      

      
         

      

    

    
      	
              4.

            	
              All
      documentation and information provided by the mortgagor are accurate,
      authentic, complete and valid.

            

    

    
      	
              5.

            	
              The
      mortgagor has not concealed any security interest concerning the mortgaged
      property by the date when this contract is
  concluded.

            

    

    
      	
              6.

            	
              The
      mortgagor shall inform of the mortgagee in time, where the mortgaged
      property is set a new security interest, the mortgaged property is
      sequestrated or involved in severe lawsuit or arbitration
      case.

            

    

    
      	
              7.

            	
              Where
      the mortgaged property is under construction, the mortgagor shall make a
      commitment that no third party enjoys the priority right to be repaid;
      where the third party enjoying the priority right to be repaid does exist,
      the mortgagor shall promise to have the third party issue an announcement
      in written form stating to abdicate the priority right to be repaid, and
      to have the written announcement under the custody of the
      mortgagee.

            

    

    

    Article
14  Contractual Negligence

    In case
the mortgagor refuses to go through or delay mortgage registration, or this
contract could not take effect and mortgage right could not become effective due
to the mortgagor’s other causes following this contract is concluded, the
contractual negligence is thus constituted. The mortgagor shall be liable for
any losses thereof caused to the mortgagee.

    

    Article
15  Exposure of Mortgagor’s Affiliated Enterprises and Related
Trading

    Both
parties agree that the mortgagor does not belong to the group-type customer
according as Guidelines for the Risk Management by Commercial Banks for Granting
Credit to Customer Groups (shortened as the Guideline).

    

    Article
16  Default Incident and Disposition

    Any of
the following shall constitute or be deemed as the mortgagor’s breach of
agreement hereof:

    
      	
              1.

            	
              The
      mortgagor breaks the contract to transfer, lease, lend, contribute in
      kind, transform, reconstruct, or in any other way dispose of, without
      authorization, the mortgaged property in part or as a
    whole.

            

    

    
      	
              2.

            	
              The
      mortgagor impede the mortgagee to dispose of, in accordance with law
      and/or this contract, the mortgaged
property;

            

    

    
      	
              3.

            	
              Where
      the value of the mortgaged property is reduced as stated in Article 7
      hereof, the mortgagor does not recover the value of the mortgaged property
      nor provide guarantee as demanded.

            

    

    
      	
              4.

            	
              The
      mortgagor makes his statement inauthentic or acts against commitment
      hereof.

            

    

    
      
         

      

      
        第 6 页 共
14 页

        
          

        

      

      
         

      

    

    
      	
              5.

            	
              The
      mortgagor breaks other promises in regard to rights and obligations of
      related parties hereof.

            

    

    
      	
              6.

            	
              The
      mortgagor terminates business operation or involves such occurrences as
      dissolution, revocation or bankruptcy
happens.

            

    

    
      	
              7.

            	
              The
      mortgagor is involved in default with the mortgagee or other institution
      of Bank of China Limited.

            

    

    Where
defaults as mentioned in the preceding paragraph occur, the mortgagee is
entitled to take, either separately or simultaneously, the following measures
depending on actual situations:

    
      	
              1.

            	
              Demanding
      the mortgagor to rectify its default within a specified time
      limit.

            

    

    
      	
              2.

            	
              Reducing,
      suspending or terminating the credit line to the mortgagor on entire or
      partial basis;

            

    

    
      	
              3.

            	
              Suspending
      or terminating the mortgagor’s applications in hand for services under
      other contracts on entire or partial basis; suspending or terminating
      trade financing service on entire or partial basis for those have not been
      granted or have not applied for;

            

    

    
      	
              4.

            	
              Announcing
      the mortgagor’s outstanding loan/principal and other payables of trade
      financing under other contracts as a whole or in part fall due
      immediately;

            

    

    
      	
              5.

            	
              Demanding
      the mortgagor compensate for losses caused by its default to the
      mortgagee;

            

    

    
      	
              6.

            	
              Enforcing
      the mortgage right;

            

    

    
      	
              7.

            	
              Other
      measures that the mortgagee believe
necessary;

            

    

    

    Article
17  Reservation of Right

    Although
one party fails to exercise partial or entire rights hereof, or to demand the
other party to perform and bear partial duties and responsibilities, it does not
mean this party may renounce the claim or release from the duties and
responsibilities.

    One
party’s any tolerance, extension, or delay of exercising rights hereof against
the other party may not affect any right in accordance with this contract, laws,
rules and regulations, nor be deemed as renouncement of the right.

    

    Article
18  Alteration, Amendment and Termination

    Upon
agreement reached by both parties, any alteration or amendment in written form
shall be permitted, and any alteration or amendment shall compose an integral
part of this contract.

    Unless
otherwise specified by law or regulation or otherwise stipulated by parties
concerned, this contract shall not be terminated until obligations hereof have
been completely enforced.

    Unless
otherwise specified by law or regulation or otherwise stipulated by parties
concerned, the invalidity of any clause under this contract shall not affect the
legal effect of any other clause.

    
      
         

      

      
        第 7 页 共
14 页

        
          

        

      

      
         

      

    

    

    Article
19  Legal Applicability and Dispute Settlement

    This
contract is applicable to any law of People's Republic of China.

    Any
controversy or dispute arising out of enforcing this contract may be settled
through negotiations. In case any negotiation fails, both sides shall reach an
agreement to adopt the same solution as stipulated in master
contracts.

    Where the
dispute that is now being solved does not affect the enforcement of other
clauses hereof, other clauses shall continue to be exercised.

    

    Article
20  Expenditure

    Unless
otherwise established or stipulated by parties concerned, the expenses generated
from conclusion, enforcement of this contract and dispute settlement (including
legal fees) shall be borne by the mortgagor.

    

    Article
21  Appendix

    The
following appendix or other appendices acknowledged by both parties constitute
an integral part of this contract and have the same force of law as this
contract.

    
      	
              1.

            	
              List
      of Mortgaged Property

            

    

    

    Article
22  Other Stipulation

    
      	
              1.

            	
              Unless
      with the written consent of the mortgagee, the mortgagor shall not
      transfer any right or obligation hereof to a third
  party.

            

    

    
      	
              2.

            	
              Where
      the mortgagee, due to business needs, has to entrust other institution of
      Bank of China Limited to enforce rights and obligations hereof, the
      mortgagor may acknowledge such act and the authorized institution of Bank
      of China Limited shall be entitled to execute all rights
      hereof.

            

    

    
      	
              3.

            	
              On
      the condition of not affecting other stipulation hereof, this contract
      shall be legally binding to both sides, respective heirs and grantees
      generated according to the law.

            

    

    
      	
              4.

            	
              Unless
      otherwise stipulated, both parties may take the domiciles mentioned hereof
      for mailing and contact and shall inform of the other party in written
      form where the changes to mailing and contact addresses
      happen.

            

    

    
      	
              5.

            	
              The
      headlines and names of services indicated hereof are only for convenient
      use and may not be used as explanation of clauses or obligations of
      parties concerned.

            

    

    
      
         

      

      
        第 8 页 共
14 页

        
          

        

      

      
         

      

    

    

    Article
23  Effectiveness of Contract and Establishment of Mortgage
Right

    This
contract takes effect as of the date on which legal representatives,
persons-in-charge or their authorized signatories autographed and the official
seals affixed. Where mortgage registration is required according to law, it
shall come into force until registration formalities have been
undergone.

    The
mortgage right is set once this contract becomes effective.

    

    This
contract has three original copies that are respectively under the custody of
both parties and the registration authority and have the same legal
effect.

     

    
      
        
          
            
              
                
                  
                    
                      	
                              Mortgagor:

                            	 
      	 
      	
                              Mortgagee:
      Bank of China Limited

                            
	 
      	 
      	 
      	 
      	 
      
	
                              Authorized Signer: 

                            	 
      	 
      	
                              Authorized Signer: 

                            	 
      

                    

                  

                

              

            

          

        

      

      

      
        
          
            	
                    November 11, 2009

                  	
                    November 11, 2009
  

                  

          

        

      

    

      

    List of
Collaterals

    Number:
2009 Di Xie Zi
002

    

    
      
        
          	
                  
                    Name of

                    Collateral

                  

                	 
      	
                  
                    Amount(pcs)

                  

                	 
      	
                  
                    Estimated

                    Value

                  

                	 
      	
                  
                    Ownership

                    Certificate No.

                  

                	 
      	
                  
                    Locality

                  

                	 
      	
                  
                    Register Office

                  

                
	
                  
                    Hot-press

                  

                	 
      	
                  
                    2

                  

                	 
      	
                  
                    576000,00

                  

                	 
      	 
      	 
      	
                  
                    Shandong
      Caopu Arts&Crafts Co.,Ltd

                  

                	 
      	
                  
                    Cao
      county Industrial and Commercial Bureau

                  

                
	
                  
                    Lumber
      Kiln

                  

                	 
      	
                  
                    2

                  

                	 
      	
                  
                    438000.00

                  

                	 
      	 
      	 
      	
                  
                    Shandong
      Caopu Arts&Crafts Co.,Ltd

                  

                	 
      	
                  
                    Cao
      county Industrial and Commercial Bureau

                  

                
	
                  
                    Single
      sand shelf sanding machine

                  

                	 
      	
                  
                    3

                  

                	 
      	
                  
                    347100.00

                  

                	 
      	 
      	 
      	
                  
                    Shandong
      Caopu Arts&Crafts Co.,Ltd

                  

                	 
      	
                  
                    Cao
      county Industrial and Commercial Bureau

                  

                
	
                  
                    Metal
      shell drying kiln

                  

                	 
      	
                  
                    1

                  

                	 
      	
                  
                    260000.00

                  

                	 
      	 
      	 
      	
                  
                    Shandong
      Caopu Arts&Crafts Co.,Ltd

                  

                	 
      	
                  
                    Cao
      county Industrial and Commercial
Bureau

                  

                

        

      

    

    
      
         

      

      
        第 9 页 共
14 页

        
          

        

      

      
         

      

    

    

    
      
        	
                
                  Planer
      saw

                

              	 
      	
                
                  40

                

              	 
      	
                
                  572000.00

                

              	 
      	 
      	 
      	
                
                  Shandong
      Caopu Arts&Crafts Co.,Ltd

                

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Thicknesser

                

              	 
      	
                
                  25

                

              	 
      	
                
                  601250.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Sander

                

              	 
      	
                
                  14

                

              	 
      	
                
                  618800.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Assault

                

              	 
      	
                
                  36

                

              	 
      	
                
                  58500.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Optical
      core metal insulation board production line

                

              	 
      	
                
                  1

                

              	 
      	
                
                  594750.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Bending
      machine

                

              	 
      	
                
                  1

                

              	 
      	
                
                  30420.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Tenon
      Dust machine

                

              	 
      	
                
                  2

                

              	 
      	
                
                  4550.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Spray
      complete sets of equipment

                

              	 
      	
                
                  1

                

              	 
      	
                
                  23855.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Single
      Plate saw

                

              	 
      	
                
                  1

                

              	 
      	
                
                  34450.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Multi-blade
      saw

                

              	 
      	
                
                  1

                

              	 
      	
                
                  60450.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Taiwan
      multi-row drill

                

              	 
      	
                
                  1

                

              	 
      	
                
                  26000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Precision
      Panel saw

                

              	 
      	
                
                  1

                

              	 
      	
                
                  14300.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Cold
      press

                

              	 
      	
                
                  2

                

              	 
      	
                
                  34450.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Platform
      Universal saw

                

              	 
      	
                
                  1

                

              	 
      	
                
                  4225.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Lacquered
      panel sander

                

              	 
      	
                
                  1

                

              	 
      	
                
                  37700.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Double-head
      sander

                

              	 
      	
                
                  1

                

              	 
      	
                
                  29250.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Taiwan
      Single Plate saw

                

              	 
      	
                
                  1

                

              	 
      	
                
                  34450.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Cold
      press

                

              	 
      	
                
                  1

                

              	 
      	
                
                  17550.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial
Bureau

                

              

      

    

    
      
         

      

      
        第 10 页 共
14 页

        
          

        

      

      
         

      

    

    

    
      
        	
                
                  Oblique
      Planer

                

              	 
      	
                
                  4

                

              	 
      	
                
                  10140.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  One
      side woode press planer

                

              	 
      	
                
                  4

                

              	 
      	
                
                  23400.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Precision
      Panel saw

                

              	 
      	
                
                  4

                

              	 
      	
                
                   

                  45500.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Universal
      tilting circular sawing machine

                

              	 
      	
                
                  4

                

              	 
      	
                
                  11700.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Double-head
      sander

                

              	 
      	
                
                  2

                

              	 
      	
                
                  61100.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Round
      tenon group

                

              	 
      	
                
                  1

                

              	 
      	
                
                  11700.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Single-row
      drilling machine

                

              	 
      	
                
                  1

                

              	 
      	
                
                  15340.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Taiwan
      Scroll saw

                

              	 
      	
                
                  1

                

              	 
      	
                
                  3250.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Scroll
      saw

                

              	 
      	
                
                  1

                

              	 
      	
                
                  3120.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Thicknesser

                

              	 
      	
                
                  2

                

              	 
      	
                
                  11700.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Panel
      saw

                

              	 
      	
                
                  2

                

              	 
      	
                
                  22750.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Tabel
      saws

                

              	 
      	
                
                  3

                

              	 
      	
                
                  8775.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Sander

                

              	 
      	
                
                  2

                

              	 
      	
                
                  62400.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Sander

                

              	 
      	
                
                  1

                

              	 
      	
                
                  31200.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Sander

                

              	 
      	
                
                  1

                

              	 
      	
                
                  37700.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Mono
      beam overhead crane

                

              	 
      	
                
                  1

                

              	 
      	
                
                  16250.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Cold
      press

                

              	 
      	
                
                  1

                

              	 
      	
                
                  17225.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Staggered
      tooth milling cutter

                

              	 
      	
                
                  1

                

              	 
      	
                
                  14950.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial
Bureau

                

              

      

    

    
      
         

      

      
        第 11 页 共
14 页

        
          

        

      

      
         

      

    

    

    
      
        	
                
                  Conveyor
      advancing

                

              	 
      	
                
                  1

                

              	 
      	
                
                  8450.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  One
      side wood press planer

                

              	 
      	
                
                  1

                

              	 
      	
                
                  34450.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Sander

                

              	 
      	
                
                  1

                

              	 
      	
                
                  55900.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Staggered
      tooth milling cutter

                

              	 
      	
                
                  1

                

              	 
      	
                
                  15600.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Panel
      saw

                

              	 
      	
                
                  1

                

              	 
      	
                
                  11400.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Porous
      drilling

                

              	 
      	
                
                  1

                

              	 
      	
                
                  10800.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Panel
      saw

                

              	 
      	
                
                  1

                

              	 
      	
                
                  6000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Multi-disk
      drill

                

              	 
      	
                
                  1

                

              	 
      	
                
                  25200.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Single-row
      drill

                

              	 
      	
                
                  1

                

              	 
      	
                
                  16800.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Feeding
      cutting machine

                

              	 
      	
                
                  2

                

              	 
      	
                
                  28356.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Feeding
      cutting machine

                

              	 
      	
                
                  1

                

              	 
      	
                
                  13800.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Feeding
      cutting machine

                

              	 
      	
                
                  2

                

              	 
      	
                
                  25680.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Metal
      shell drying room

                

              	 
      	
                
                  2

                

              	 
      	
                
                  480000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Binary
      machine

                

              	 
      	
                
                  3

                

              	 
      	
                
                  70200.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  C
      model steel works equipment

                

              	 
      	
                
                  1

                

              	 
      	
                
                  28600.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Steam
      heated drying room

                

              	 
      	
                
                  6

                

              	 
      	
                
                  496800.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Boiler

                

              	 
      	
                
                  2

                

              	 
      	
                
                  240000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Automatic
      puzzle machine

                

              	 
      	
                
                  3

                

              	 
      	
                
                  176400.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Modem

                

              	 
      	
                
                  6

                

              	 
      	
                
                  147600.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial
Bureau

                

              

      

    

    
      
         

      

      
        第 12 页 共
14 页

        
          

        

      

      
         

      

    

    

    
      
        	
                
                  Bricky
      system drying room

                

              	 
      	
                
                  1

                

              	 
      	
                
                  48400.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Metal
      shell drying room

                

              	 
      	
                
                  2

                

              	 
      	
                
                  198000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Plat
      plane

                

              	 
      	
                
                  6

                

              	 
      	
                
                  24120.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Single
      vertical shaft

                

              	 
      	
                
                  2

                

              	 
      	
                
                  18000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Panel
      saw

                

              	 
      	
                
                  3

                

              	 
      	
                
                  30600.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Universal
      tilting circular sawing machine

                

              	 
      	
                
                  1

                

              	 
      	
                
                  31800.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Universal
      tilting circular sawing machine

                

              	 
      	
                
                  2

                

              	 
      	
                
                  10560.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Panel
      saw

                

              	 
      	
                
                  2

                

              	 
      	
                
                  21000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Double-head
      sander

                

              	 
      	
                
                  2

                

              	 
      	
                
                  52800.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Spray
      Injection machine

                

              	 
      	
                
                  1

                

              	 
      	
                
                  13200.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Panel
      saw

                

              	 
      	
                
                  2

                

              	 
      	
                
                  20400.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Panel
      saw

                

              	 
      	
                
                  2

                

              	 
      	
                
                  22800.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Table
      saws

                

              	 
      	
                
                  3

                

              	 
      	
                
                  8100.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Washed
      painting sets

                

              	 
      	
                
                  1

                

              	 
      	
                
                  6600.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Board
      press

                

              	 
      	
                
                  8

                

              	 
      	
                
                  1254400.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Roll
      coater

                

              	 
      	
                
                  6

                

              	 
      	
                
                  753600.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Board
      press

                

              	 
      	
                
                  6

                

              	 
      	
                
                  1058400.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Double-head
      sander

                

              	 
      	
                
                  6

                

              	 
      	
                
                  264000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial
Bureau

                

              

      

    

    
      
         

      

      
        第 13 页 共
14 页

        
          

        

      

      
         

      

    

    

    
      
        	
                
                  Panel
      saw

                

              	 
      	
                
                  10

                

              	 
      	
                
                  175000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Single-spindle
      shaper

                

              	 
      	
                
                  10

                

              	 
      	
                
                  300000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Thicknesser

                

              	 
      	
                
                  10

                

              	 
      	
                
                  530000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Lacquered
      panel sander

                

              	 
      	
                
                  10

                

              	 
      	
                
                  580000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Single
      plate saw

                

              	 
      	
                
                  8

                

              	 
      	
                
                  408000.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial Bureau

                

              
	
                
                  Total

                

              	 
      	 
      	 
      	
                
                  12548066.00

                

              	 
      	 
      	 
      	
                Shandong
      Caopu Arts&Crafts Co.

              	 
      	
                
                  Cao
      county Industrial and Commercial
Bureau

                

              

      

    

    
      
         

      

      
        第 14 页 共
14 页

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}]]