Document:

Exhibit 10.3
                                ESCROW AGREEMENT

      This Escrow Agreement (the "Agreement"), entered into as of this 22 day of
June,  2006,  is by and among  WONDER AUTO  LIMITED,  a British  Virgin  Islands
corporation (the "Company"),  Empower Century Limited,  a British Virgin Islands
corporation  ("Empower"),  each of the  purchasers  of  ordinary  shares  of the
Company (the "Shares")  identified below  (collectively,  the  "Purchasers") and
THELEN  REID & PRIEST  LLP  (hereinafter  referred  to as "Escrow  Agent").  All
capitalized  terms used but not defined herein shall have the meanings  assigned
them in the Subscription Agreement (as hereinafter defined).

                                   BACKGROUND

      The Company, Empower and the Purchasers have entered into a Stock Purchase
and Subscription Agreement (the "Subscription Agreement") pursuant to which each
Purchaser has agreed to purchase  from the Company and Empower,  and the Company
and  Empower  have  agreed  to sell to each  Purchaser,  the  number  of  Shares
identified therein.  Pursuant to Section 2.2 of the Subscription Agreement,  the
Company,  Empower and the  Purchasers  have agreed to establish an escrow on the
terms and conditions set forth in this Agreement. The Escrow Agent has agreed to
act as escrow agent pursuant to the terms and conditions of this Agreement.

                                    AGREEMENT

      NOW,  THEREFORE,  in  consideration of the promises of the parties and the
terms and conditions hereof, the parties hereby agree as follows:

      1.  Appointment of Escrow Agent.  Each Purchaser,  the Company and Empower
hereby  appoint  Thelen Reid & Priest LLP as Escrow  Agent to act in  accordance
with the  Subscription  Agreement and the terms and conditions set forth in this
Agreement, and Escrow Agent hereby accepts such appointment and agrees to act in
accordance with such terms and conditions.

      2.  Establishment  of Escrow.  All amounts  provided by the  Purchasers in
connection with their acquisition of the Shares as set forth in the Subscription
Agreement  shall be  deposited  with the Escrow Agent in  immediately  available
funds by federal wire transfer or cashiers  check,  such funds being referred to
herein as the "Escrow Funds". In addition,  certificates representing the Shares
(the "Escrowed Certificates") shall be deposited with the Escrow Agent.

      3.  Segregation of Escrow Funds. The Escrow Funds shall be segregated from
the assets of Escrow  Agent and held in trust for the  benefit  of the  Company,
Empower and the Purchasers in accordance herewith.

      4. Receipt and Investment of Funds.

            (a) Escrow Agent agrees to place the Escrow Funds in a  non-interest
bearing  and  federally  insured  depository  account.  Subject to Section  7(c)
hereof,  Escrow Agent shall have no liability  for any loss  resulting  from the
deposit of the Escrow Funds.

<PAGE>

            (b) The Escrow Agent shall cause to be prepared all income and other
tax  returns  and  reports  the  Escrow  Agent,  in its sole  discretion,  deems
necessary or advisable in order to comply with all tax and other laws, rules and
regulations applicable to the Escrow Funds.

      5. Disbursement of the Escrow Funds.

            (a) This Agreement shall terminate upon the earlier of (i) the close
of business on July 15, 2006,  unless the offering  expiration date is otherwise
extended pursuant to Section 1.4 of the Subscription  Agreement (the "Expiration
Date"), or (ii) the filing, on or before the close of business on the Expiration
Date, of the Registration  Statement (the "Registration  Statement") relating to
the Public Company Shares (as defined in the Subscription Agreement) required to
be filed by the Company under the terms of the  Subscription  Agreement with the
United States  Securities and Exchange  Commission (each date of each such event
described  in (i) and (ii) above being  referred  to herein as the  "Termination
Date").  The Termination  Date may be extended by joint written  instructions to
the Escrow Agent by the Company, Empower and each Purchaser.

            (b) On the Termination  Date,  Escrow Agent shall either release the
Escrow  Funds  in  the  Escrow  Account  to  the  Purchasers  and  the  Escrowed
Certificates  to the Company and Empower if the  Registration  Statement has not
been  timely  filed or if the  Registration  Statement  has been  timely  filed,
release  the Escrow  Funds in the Escrow  Account,  minus bank  charges  and any
amounts to be paid to any related third parties as per the  instructions  of the
Company and Empower,  to the Company and Empower's  designated  bank account and
deliver the Escrowed Certificates as per the instructions of the Purchasers.

      6.  Interpleader.  Should any  controversy  arise among the parties hereto
with  respect to this  Agreement  or with  respect  to the right to receive  the
Escrow Funds or the Escrowed Certificates,  Escrow Agent shall have the right to
consult  counsel  and/or to  institute  an  appropriate  interpleader  action to
determine the rights of the parties.  Escrow Agent is also hereby  authorized to
institute an appropriate interpleader action upon receipt of a written letter of
direction  executed by the parties so directing Escrow Agent. If Escrow Agent is
directed to institute an appropriate  interpleader  action,  it shall  institute
such  action  not prior to thirty  (30) days  after  receipt  of such  letter of
direction and not later than sixty (60) days after such date.  Any  interpleader
action  instituted in accordance with this Section 6 shall be filed in any court
of competent  jurisdiction  in New York, New York, and the portion of the Escrow
Funds in dispute  shall be  deposited  with the court and in such  event  Escrow
Agent shall be  relieved  of and  discharged  from any and all  obligations  and
liabilities under and pursuant to this Agreement with respect to that portion of
the Escrow Funds.

      7. Exculpation and Indemnification of Escrow Agent.

            (a)  Escrow  Agent is not a party to, and is not bound by or charged
with notice of any  agreement  out of which this escrow may arise.  Escrow Agent
acts under this Agreement as a depositary  only and is not responsible or liable
in any  manner  whatsoever  for the  sufficiency,  correctness,  genuineness  or
validity of the subject  matter of the escrow,  or any part thereof,  or for the
form or execution of any notice given by any other party  hereunder,  or for the
identity or authority of any person  executing any such notice or depositing the
Escrow Funds.  Escrow Agent will have no duties or  responsibilities  other than
those  expressly  set forth  herein.  Escrow Agent will be under no liability to
anyone by reason of any  failure  on the part of any party  hereto  (other  than
Escrow  Agent) or any maker,  endorser  or other  signatory  of any  document to
perform  such  person's  or  entity's  obligations  hereunder  or under any such
document. Except for this Agreement and instructions to Escrow Agent pursuant to
the terms of this Agreement, Escrow Agent will not be obligated to recognize any
agreement  between or among any or all of the  persons or  entities  referred to
herein, notwithstanding its knowledge thereof.

                                       2
<PAGE>

            (b) Escrow  Agent will not be liable for any action taken or omitted
by it, or any action suffered by it to be taken or omitted, in good faith and in
the exercise of its own best judgment, and may rely conclusively on, and will be
protected in acting upon, any order, notice, demand,  certificate, or opinion or
advice  of  counsel  (including  counsel  chosen by  Escrow  Agent),  statement,
instrument,  report or other paper or document (not only as to its due execution
and the validity and  effectiveness of its provisions,  but also as to the truth
and  acceptability  of any information  therein  contained)  which is reasonably
believed  by Escrow  Agent to be genuine  and to be signed or  presented  by the
proper person or persons.  The duties and  responsibilities  of the Escrow Agent
hereunder shall be determined solely by the express provisions of this Agreement
and no other or further duties or responsibilities shall be implied,  including,
but not limited to, any obligation  under or imposed by any laws of the State of
New York upon fiduciaries.

            (c)  Escrow  Agent  will be  indemnified  and held  harmless  by the
Company  and  Empower  from  and  against  any  expenses,  including  reasonable
attorneys' fees and disbursements, damages or losses suffered by Escrow Agent in
connection with any claim or demand,  which, in any way, directly or indirectly,
arises out of or relates  to this  Agreement  or the  services  of Escrow  Agent
hereunder;  except, that if Escrow Agent is guilty of willful misconduct,  fraud
or gross  negligence  under  this  Agreement,  then  Escrow  Agent will bear all
losses,  damages and expenses  arising as a result of such  willful  misconduct,
fraud or gross negligence. For this purpose, the term "attorneys' fees" includes
fees payable to any counsel  retained by the Escrow Agent in connection with its
services under this agreement and, with respect to any matter arising under this
agreement as to which the Escrow Agent  performs  legal  services,  its standard
hourly  rates and charges then in effect.  Promptly  after the receipt by Escrow
Agent of notice of any such demand or claim or the  commencement  of any action,
suit or  proceeding  relating to such demand or claim,  Escrow Agent will notify
the  other  parties  hereto  in  writing.  For the  purposes  hereof,  the terms
"expense"  and "loss" will  include  all amounts  paid or payable to satisfy any
such claim or demand, or in settlement of any such claim,  demand,  action, suit
or proceeding  settled with the express  written  consent of the parties hereto,
and all costs and expenses, including, but not limited to, reasonable attorneys'
fees and  disbursements,  paid or incurred in investigating or defending against
any such claim,  demand,  action,  suit or  proceeding.  The  provisions of this
Section 7 shall survive the termination of this Agreement.

            (d) The Purchasers  acknowledge that they know that the Escrow Agent
has  represented  the Company in connection  with this agreement and that it may
continue to represent the Company in that  connection and in connection with the
transactions  contemplated by this agreement and the Subscription  Agreement and
the  transactions   relating  to  the  Company's  alternative  public  offering,
including,  but not limited to, in  connection  with any disputes that may arise
under  any such  agreements  or  transactions.  The  Escrow  Agent  shall not be
precluded from or restricted in any way from  representing the Company or any of
its  affiliates  or otherwise  acting as attorneys for the Company or any of its
affiliates  in any  matter,  except  for any legal  proceeding  or other  matter
related to this Agreement.  The Escrow Agent shall be permitted to represent the
Company in any and all legal matters  pertaining to, the Subscription  Agreement
and the Company's alternative public offering, whether or not there is a dispute
between the  Purchasers  and the Company with  respect to any such  matter.  The
Purchasers irrevocably consent to any such representation and waive any conflict
or appearance of conflict with respect to any such representation.

                                       3
<PAGE>

      8.  Resignation of Escrow Agent.  At any time, upon ten (10) days' written
notice to the Company and  Empower,  Escrow  Agent may resign and be  discharged
from its duties as Escrow  Agent  hereunder.  As soon as  practicable  after its
resignation,  Escrow Agent will promptly  turn over to a successor  escrow agent
appointed by the Company and Empower all monies and property held hereunder upon
presentation  of a document  appointing  the new escrow agent and evidencing its
acceptance thereof.  If, by the end of the 10-day period following the giving of
notice of resignation by Escrow Agent, the Company and Empower shall have failed
to appoint a successor  escrow  agent,  Escrow Agent may  interplead  the Escrow
Funds into the registry of any court having jurisdiction.

      9. Method of Distribution  by Escrow Agent.  All  disbursements  by Escrow
Agent to a party to this  Agreement will be made by wire transfer of immediately
available funds to an account  designated in writing by the party to receive any
such payment.

      10.  Records.   Escrow  Agent  shall  maintain  accurate  records  of  all
transactions  hereunder.  Promptly after the termination of this Agreement or as
may  reasonably be requested by the parties hereto from time to time before such
termination,  Escrow Agent shall provide the parties hereto, as the case may be,
with a complete copy of such records, certified by Escrow Agent to be a complete
and accurate account of all such transactions. The authorized representatives of
each of the  parties  hereto  shall have access to such books and records at all
reasonable  times during normal business hours upon reasonable  notice to Escrow
Agent.

      11.  Notice.  All notices,  communications  and  instructions  required or
desired to be given under this  Agreement must be in writing and shall be deemed
to be duly  given  if sent by  registered  or  certified  mail,  return  receipt
requested, or overnight courier to the following addresses:

      If to Escrow Agent:     Thelen Reid & Priest LLP
                              701 Eighth Street, N.W.
                              Washington, DC 20001
                              Attention: Louis A. Bevilacqua, Esq.

      If to the Company:      Wonder Auto Limited
                              No. 56 Lingxi Street
                              Taihe District
                              Jinzhou City, Liaoning
                              People's Republic of China, 121013

                                       4
<PAGE>

      If to Empower:          Empower Century Limited
                              No. 56 Lingxi Street
                              Taihe District
                              Jinzhou City, Liaoning
                              People's Republic of China, 121013

      If to the Purchasers:   To their addresses as specified in the
                              Subscription Agreement

or to such other address and to the attention of such other person as any of the
above may have  furnished  to the other  parties in  writing  and  delivered  in
accordance with the provisions set forth above.

      12. Execution in Counterparts;  Facsimile Execution. This Agreement may be
executed in counterparts,  each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument. Facsimile execution
and delivery of this Agreement is legal, valid and binding for all purposes.

      13.  Assignment  and  Modification.  This  Agreement  and the  rights  and
obligations  hereunder of any of the parties hereto may not be assigned  without
the prior written consent of the other parties hereto. Subject to the foregoing,
this  Agreement  will be  binding  upon and inure to the  benefit of each of the
parties hereto and their respective  successors and permitted assigns.  No other
person will acquire or have any rights under,  or by virtue of, this  Agreement.
No portion  of the Escrow  Funds or  Escrowed  Certificates  shall be subject to
interference  or control by any creditor of any party  hereto,  or be subject to
being taken or reached by any legal or equitable  process in satisfaction of any
debt or other  liability  of any such  party  hereto  prior to the  disbursement
thereof  to  such  party  hereto  in  accordance  with  the  provisions  of this
Agreement.  This  Agreement may be changed or modified only in writing signed by
all of the parties hereto.

      14.  APPLICABLE  LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE  WITH THE LAWS OF THE STATE OF NEW YORK,  USA APPLICABLE TO CONTRACTS
MADE AND TO BE PERFORMED  THEREIN.  THE PARTIES  EXPRESSLY WAIVE SUCH DUTIES AND
LIABILITIES,  IT BEING THEIR INTENT TO CREATE SOLELY AN AGENCY  RELATIONSHIP AND
HOLD THE ESCROW AGENT LIABLE ONLY IN THE EVENT OF ITS WILLFUL MISCONDUCT, FRAUD,
OR GROSS  NEGLIGENCE.  ANY  LITIGATION  CONCERNING  THE  SUBJECT  MATTER OF THIS
AGREEMENT SHALL BE EXCLUSIVELY  PROSECUTED IN THE COURTS OF NEW YORK COUNTY, NEW
YORK,  USA, AND ALL PARTIES CONSENT TO THE EXCLUSIVE  JURISDICTION  AND VENUE OF
THOSE COURTS.

      15. Headings. The headings contained in this Agreement are for convenience
of reference only and shall not affect the construction of this Agreement.

                                       5
<PAGE>

      16.  Attorneys'  Fees.  If any  action at law or in equity,  including  an
action for declaratory relief, is brought to enforce or interpret the provisions
of this Agreement,  the prevailing party shall be entitled to recover reasonable
attorneys'  fees from the other  party  (unless  such other  party is the Escrow
Agent), which fees may be set by the court in the trial of such action or may be
enforced in a separate action brought for that purpose,  and which fees shall be
in addition to any other relief that may be awarded.

                            [Signature Page Follows]

                                       6
<PAGE>

      IN WITNESS  WHEREOF,  the parties have duly executed this  Agreement as of
the date first above written.

The Company:
                                    WONDER AUTO LIMITED

                                    By:   /s/Qingjie Zhao
                                          -------------------------------------
                                          Name: Qingjie Zhao
                                          Title: CEO and Chairman

Empower:
                                    EMPOWER CENTURY LIMITED

                                    By:   /s/Qingjie Zhao
                                          -------------------------------------
                                          Name: Qingjie Zhao
                                          Title: Chairman

Escrow Agent:
                                    THELEN REID & PRIEST

                                    By:   /s/Louis A. Bevilacqua, Esq.
                                          -------------------------------------
                                          Name: Louis A. Bevilacqua, Esq.
                                          Title: Partner

                       [Purchaser Signature Page Follows]

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       -----------------------------
                                       Print Name Above

                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       ATLAS ALLOCATION FUND, L.P.
                                       ---------------------------
                                       Print Name Above

                                       By: Atlas Capital Management, L.P.,
                                           its General Partner
                                       By: RHA, Inc., its General Partner

                                       By: /s/Robert H. Alpert
                                          ------------------------
                                       Name: Robert H. Alpert
                                       Title: President

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       Daniel O. Conwill IV
                                       -----------------------------
                                       Print Name Above

                                       /s/Daniel O. Conwill IV
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       Gary C. Evans
                                       -----------------------------
                                       Print Name Above

                                       /s/Gary C. Evans
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       William W. Gay
                                       -----------------------------
                                       Print Name Above

                                       /s/William W. Gay
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       Harold E. Gear
                                       -----------------------------
                                       Print Name Above

                                       /s/Harold E. Gear
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       Matthew Hayden
                                       -----------------------------
                                       Print Name Above

                                       /s/Matthew Hayden
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       -----------------------------
                                       Print Name Above

                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       Jayhawk China Fund (Cayman) Ltd.
                                       --------------------------------
                                       Print Name Above

                                       By: /s/Michael D. Schmitz
                                          --------------------------
                                       Name: Michael D. Schmitz
                                       Title: CFO of Investment Manager

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       David Kenkel
                                       -----------------------------
                                       Print Name Above

                                       /s/David Kenkel
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       Michael R. Kindred
                                       Mary A. Kubes-Kindred
                                       -----------------------------
                                       Print Name Above

                                       /s/Michael R. Kindred
                                       /s/Mary A. Kubes-Kindred
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       Glen A. Little
                                       -----------------------------
                                       Print Name Above

                                       /s/Glen A. Little
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                            For Individuals:

                            -----------------------------
                            Print Name Above

                            -----------------------------
                            Sign Name Above

                            For Entities:

                            Pinnacle China Fund, L.P.
                            -----------------------------
                            Print Name Above

                            By:      /s/Barry M. Kitt
                               --------------------------
                            Name: Barry M. Kitt
                            Sole Member, Kitt China Management, L.L.C.,
                            the Manager of Pinnacle China Management, L.L.C.,
                            the General Partner of Pinnacle China Advisors, L.P.
                            the General Partner of Pinnacle China Fund, L.P.

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       Dean C. Pisani
                                       -----------------------------
                                       Print Name Above

                                       /s/Dean C. Pisani
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       Carolyn Prahl
                                       -----------------------------
                                       Print Name Above

                                       /s/Carolyn Prahl
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       ---------------------------------
                                       Print Name Above

                                       ---------------------------------
                                       Sign Name Above

                                       For Entities:

                                       Precept Capital Master Fund, G.P.
                                       ---------------------------------
                                       Print Name Above

                                       By: its agent & attorney in fact,
                                       Precept Capital Management, LP

                                       By: its General Partner, Precept
                                       Management, LLC

                                       By: /s/Blair Baker
                                          --------------------------
                                       Name: Blair Baker
                                       Title: President and CEO

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       --------------------------------
                                       Print Name Above

                                       --------------------------------
                                       Sign Name Above

                                       For Entities:

                                       Sandor Capital Master Fund, L.P.
                                       --------------------------------
                                       Print Name Above

                                       By: /s/John S. Lemak
                                          -----------------------------
                                       Name: John S. Lemak
                                       Title: General Partner

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       ----------------------------------
                                       Print Name Above

                                       ----------------------------------
                                       Sign Name Above

                                       For Entities:

                                       Sterling Research & Management LLC
                                       ----------------------------------
                                       Print Name Above

                                       By: /s/Louis Teplis
                                          -------------------------------
                                       Name: Louis Teplis

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       Michael K. Studer
                                       -----------------------------
                                       Print Name Above

                                       /s/Michael K. Studer
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       John H. Trescot Jr.
                                       -----------------------------
                                       Print Name Above

                                       /s/John H. Trescot Jr.
                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       -----------------------------
                                       Print Name Above

                                       By:
                                          --------------------------
                                       Name:
                                       Title:

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       -----------------------------
                                       Print Name Above

                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       Westpark Capital, L.P.
                                       -----------------------------
                                       Print Name Above

                                       By: /s/Patrick Brosnahan
                                          --------------------------
                                       Name: Patrick Brosnahan
                                       Title: General Partner

                      [Signature Page to Escrow Agreement]
<PAGE>

      IN  WITNESS  WHEREOF,  the  undersigned  Purchaser  hereby  executes  this
Agreement as of the date first above written.

                                       For Individuals:

                                       -----------------------------
                                       Print Name Above

                                       -----------------------------
                                       Sign Name Above

                                       For Entities:

                                       Whitebox Intermarket Partners, LP
                                       -------------------------------------
                                       Print Name Above

                                       By: Whitebox Intermarket Advisors, LLC

                                       By: /s/Jonathan Wood
                                          --------------------------
                                       Name: Jonathan Wood
                                       Title: Director, CFO

                      [Signature Page to Escrow Agreement]
<PAGE>

         IN WITNESS WHEREOF, the undersigned Purchaser hereby executes this
Agreement as of the date first above written.

                                       FOR INDIVIDUALS:

                                       -----------------------------
                                       Print Name Above

                                       -----------------------------
                                       Sign Name Above

                                       FOR ENTITIES:

                                       US Special Opportunities Trust PLC
                                       -----------------------------------
                                       Print Name Above

                                       By: US Special Opportunities Trust PLC

                                       By: /s/Russell Cleveland
                                           -------------------------
                                       Name:  Russell Cleveland
                                       Title: President
<PAGE>

         IN WITNESS WHEREOF, the undersigned Purchaser hereby executes this
Agreement as of the date first above written.

                                       FOR INDIVIDUALS:

                                       -----------------------------
                                       Print Name Above

                                       -----------------------------
                                       Sign Name Above

                                       FOR ENTITIES:

                                       US Special Opportunities Trust PLC
                                       -------------------------------------
                                       Print Name Above

                                       By: US Special Opportunities Trust PLC

                                       By: /s/Russell Cleveland
                                           -------------------------
                                       Name: Russell Cleveland
                                       Title: President

                      [Signature Page to Escrow Agreement]
<PAGE>

         IN WITNESS WHEREOF, the undersigned Purchaser hereby executes this
Agreement as of the date first above written.

                                  FOR INDIVIDUALS:

                                  -----------------------------
                                  Print Name Above

                                  -----------------------------
                                  Sign Name Above

                                  FOR ENTITIES:

                                  Renaissance US Growth Investment Trust PLC
                                  ------------------------------------------
                                  Print Name Above

                                  By: Renaissance US Growth Investment Trust PLC

                                  By: /s/Russell Cleveland
                                      -------------------------
                                  Name: Russell Cleveland
                                  Title: President

                      [Signature Page to Escrow Agreement]
<PAGE>

         IN WITNESS WHEREOF, the undersigned Purchaser hereby executes this
Agreement as of the date first above written.

                                  FOR INDIVIDUALS:

                                  -----------------------------
                                  Print Name Above

                                  -----------------------------
                                  Sign Name Above

                                  FOR ENTITIES:

                                  Premier RENN US Emerging Growth Fund Ltd.
                                  --------------------------------------------
                                  Print Name Above

                                  By: Premier RENN US Emerging Growth Fund Ltd.

                                  By: /s/Russell Cleveland
                                      -------------------------
                                  Name: Russell Cleveland
                                  Title: President

                      [Signature Page to Escrow Agreement]
<PAGE>

         IN WITNESS WHEREOF, the undersigned Purchaser hereby executes this
Agreement as of the date first above written.

                                       FOR INDIVIDUALS:

                                       Gerald W. Bolfing
                                       -----------------------------------------
                                       Print Name Above

                                       /s/ Gerald W. Bolfing
                                       -----------------------------------------
                                       Sign Name Above

                                       FOR ENTITIES:

                                       Print Name Above

                                       By:

                                       By:
                                          --------------------------------------
                                       Name:
                                       Title:Exhibit
      10.4

    Stock
      Purchase Agreement

    

    Parties:
      

    Party
      A:
      Jinzhou Wonder Industry (Group) Co., Ltd (“Wonder Group”)

    Party
      B:
      Wonder Auto Limited (“Wonder Ltd.”)

    

    April
      28,
      2004 in Beijing

    

    RECITALS:

    

    WHEREAS,
      Jinzhou Halla Electrical Co.Ltd.( “Halla”) is a joint-venture enterprise
      established in compliance with the Chinese laws;

    

    WHEREAS,
      Wonder Group owns 61% of Halla’s stock at the execution of this
      agreement.

     

    WHEREAS,
      Wonder Ltd. is a British Virgin Islands corporation. 

    

    WHEREAS,
      Wonder Ltd. shall acquire all of the Halla’s stock owned by Wonder Group in
      exchange for RMB 67,100,000. 

     

     NOW,
      THEREFORE, the Parties intended to be legally bound, hereby agree as
      follows.

     

    1.  Definition:
      

     

    Halla:
      Jinzhou
      Halla Electrical Co. Ltd.

     

    Transfer
      Consideration: as defined in Section 3.2

     

    2.  Basic
      Transaction:
      

     

    2.1
      Wonder Ltd. agrees to acquire from Wonder Group 61% of issued and outstanding
      stock of Halla, including all the future interest derived from the shares.
      The
      transferred shares shall be clear and free of any encumbrance or restrictions
      on
      transfer. 

     

    2.2
      Since
      Halla intends to complete its distribution of profits, which are realized in
      the
      duration of year 2002 and from January to July of 2003, to its shareholders,
      the
      transaction does not affect any rights and benefits on the part of the
      shareholders resulting from the aforementioned distribution. 

     

    2.3
      After
      the consummation of the transfer, Wonder Ltd. will own 60% of issued and
      outstanding stock of Halla. 

     

    3.  Price
      and Payment Arrangement

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    3.1
      Both
      parties agree to determine the purchase price based on Halla’s net asset at the
      date of July 31, 2003, which is estimated to be RMB1,687,000,000, audited by
      an
      accounting firm. 

     

    3.2
      The
      purchase price shall be RMB67,100,000, not including the undistributed profits
      realized in the period defined in Article. 2.2.

     

    3.3
      Manners of Payment: payment shall be made by Party B’s parent company— Empower
      Century Limited within 60 days after the closing. 

     

    4.  Conditions
      to Closing

     

    4.1
      Both
      parties agree that the transfer becomes effective at the closing
      date.

     

    	i.  	
            Both
              parties have full power and authority to execute and deliver this
              agreement and to perform its obligations hereunder.
              

          

     

    	ii.  	
            The
              execution of the agreement and the transfer of the stock has been duly
              authorized by all requisite corporation action of Party
              A.

          

     

    	iii.  	
            The
              execution of the agreement and the transfer of the stock has been duly
              authorized by all requisite corporation action of Party
              B.

          

     

    	iv.  	
            The
              execution of the agreement and the transfer of the stock has been duly
              authorized by board of directors of Party A and shareholders of Party
              A
              agree to waive their right of first refusal regarding the transferred
              stock. 

          

     

    	v.  	
            The
              transfer
              of the stock has been approved by the Jinzhou Bureau of International
              Trade, and Halla is approved by the Bureau to conduct international
              trade
              with foreign investors. 

          

     

    4.2
      If
      the conditions set forth in Article 4.1 are not satisfied at the closing date,
      Party B can terminate the contract with written notice delivered to Party A.
      

     

    4.3
      If
      the agreement is terminated pursuant to Article 4.2, the parties agree as
      follows: 

     

    	i.  	
            All
              obligations and duties, except those regarding confidentiality, are
              discharged upon the termination of the agreement.
              

          

     

    	ii.  	
            Both
              parties shall extend effort in good faith to restore the other party
              to
              the original state before the closing.

          

     

    	iii.  	
            Each
              party shall bear its own cost incurred before the closing regarding
              this
              transaction. 

          

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    	iv.  	
            If
              the failure of the condition is caused by breach of contract on the
              part
              of one party, the other party reserves all his rights to legal remedies.
              

          

     

    5.  Closing

     

    5.1
      Both
      parties agree to duly fulfill all the obligations set forth in this agreement.
      

     

    5.2
      If
      Party A breaches Article 5.1, Party B can at its options continue its
      performance under the agreement and Party A shall compensate all the damages
      suffered by Party A and caused by Party B’s breaches. 

     

    6.  Presentations
      and Warranties of Party A

     

    6.1
      All
      information furnished by Party A regarding this agreement is true and accurate.
      

     

    6.2
      Party
      A shall compensate all the damages caused by its misrepresentation to Party
      B.

     

    6.3
      Each
      warranty set forth herein is consistent with each other. 

     

    6.4
      Any
      action or investigation in the course of due diligence on the part of Party
      B
      shall not affect its right to legal remedies for the damages caused by Party
      A’s
      misrepresentation, unless Party B executes release documents that are authorized
      by Party B’s requisite corporation actions. 

     

    6.5
      If
      Party A breaches any obligations under this agreement before the execution
      of
      this agreement, Party B can terminate the agreement with written notice.

     

    6.6
      Party
      A shall obtain all the required governmental or other consent and duly conduct
      the relevant filings to relevant authorities. 

     

    7.  Warranties
      and Representations of Party B

     

    7.1
      Party
      B is duly formed and in good standing under the laws of British Virginia
      Islands.

     

    8.  Additional
      Warranties and Representations of Party A

     

    8.1
      Party
      A shall fulfill its obligations regarding the execution and performance of
      the
      agreement and the underlying transaction is clear and free of any encumbrance
      or
      obligations on the part of Party A owed to any third parties. 

     

    9.  Disclosure
      and Assistance of Party B’s due diligence. 

     

    10.  Force
      majeure

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    If
      the
      failure to comply with the agreeement is caused by interventing force not
      attrituble to any party, both parties can terminate the contract with written
      notice delivered to the other party. 

     

    11.  Confidentiality

     

    11.1
      Both
      parties shall treat and hold as confidential all of the information in
      connection with this agreement. 

     

    11.2
      Both
      parties shall refrain from any public comments regarding this transaction
      without the other party’s written consent. 

     

    11.3
      All
      the obligations defined in this provision shall survive the closing
      herein.

     

    12.  Remidies
      for Breaches of This Agreeement

     

    12.1
      Any
      posponed actions or undertaking of remedial measures on the part of one party
      after the breach on the part of the other party shall not affect the
      non-breaching party’s right to any entitled legal remedies. 

     

    12.1
      If
      any provision was determined as illegal, void or unenforceable pursuant to
      regulations in any relevant jurisdiction, other provisions shall continue in
      full force and effect. 

     

    13.  Tax
      Matters:
      Parties
      shall pay taxes resulted from this transaction, if any, as required by the
      applicable law..

     

    14.  Liabilities
      for Breaches of This Agreement

     

    14.1
      Breaching party shall be responsible for any loss or damages caused by its
      breaches of this agreement. 

     

    15.  Termination
      and Modifications of the Agreement

     

    15.1
      Any
      change to this Agreement shall not be effietive without both partie’s written
      consent. 

     

    15.2
      This
      agreement may be terminated in the following situations:

     

    	i.  	
            With
              both parties’ written consent

          

     

    	ii.  	
            The
              agreement is void by govermental action or demand that is final and
              conclusive.

          

     

    	iii.  	
            Any
              material breach not corrected by the breaching party within 30 days
              of the
              written notice issued by the non-breaching
              party.

          

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    15.3
      If
      this agreement is terminated by the non-breaching party, in absence of fraud
      or
      breaches set forth in Article 16.2 on the part of the non-breaching party,
      all
      obligations on the part of the non-breaching party shall be hereby released.
      

     

    16.  Disbute
      Resolution

     

    16.2
      This
      Agreement is governed by laws of the People’s Republic of China. Any laws or
      regulation enacted after the execution of this agreement shall not have
      retroactive effects on this agreement. 

     

    16.3
      Any
      dispute arisng from this agreement shall be first resolved by negotiation
      between both parties. If the dispute is not resolved in 60 days after the
      dispute is raised, either party can resort to the court sitting in the
      jurisdiction where this agreement is executed. 

     

     

    Jinzhou
      Wonder Group.
      

     

    /s/
      Qingjie Zhao

     

    Wonder
      limited

     

    /s/
      Meina Zhang

     

    
      
         

      

      
        5

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