Document:

Exhibit
      10. 17

     

    Factory
      Buildings Lease Agreement

    

    Party
      A (Lessor):
      Shenzhen Qiaotou Equity Cooperation Co.

    Party
      B (Lessee):
      Shenzhen Ritar Power Co., Ltd.

    

    For
      the
      purpose of introducing foreign capital, promoting the development and increasing
      the economic income of Party A, both parties make a friendly negotiation upon
      the their mutual benefit and common development. Based on the lease agreement
      signed on 15 January 2003 has expired on 30 January 2006, both parties conclude
      the following Agreement on 1 February 2006 for leasing Party A’s factory
      buildings.

    

    Party
      B
      shall use and manage the lease premises in accordance with PRC laws and
      regulations.

    

    Party
      A
      shall lease the completed Factory Building A4 (with area of 6,100 square meters)
      at the Second Phase of Fuqiao Second Industrial Zone, Qiaotou Village, Fuyong
      Town, Bao’an District, Shenzhen.

    

    The
      lease
      term shall be three years from February 1, 2006 to January 30, 2009. After
      the
      expiration of the lease term, if Party B request for renewal of lease, both
      parties shall make a negotiation on it separately. 

    

    The
      lease
      term of this Lease Agreement shall be deemed commenced form February 1,
      2006.

    

    The
      rental shall be RMB11.8 Yuan (pretax) per square meters each month. Party B
      shall pay the rent to Party A before the 20th
      monthly.
      Otherwise, he shall pay the surcharge upon the negotiation between both
      parties.

    

    Party
      B
      shall pay RMB71,980 Yuan to Party A as the lease guaranty deposit three days
      after this Lease Agreement comes into effect which will be returned at the
      expiration of the lease term. If Party B breaches the Agreement, Party A shall
      keep the aforesaid deposit.

    

    Party
      B
      shall pay the rent of the leased buildings to Party A before the 20th
      each
      month. In case the rental is overdue, Party B shall pay 0.05‰of monthly rental
      as surcharge every day, if the rental be paid over two months overdue, Party
      A
      has the right to terminate the Agreement, take back the leased premises and
      keep
      the deposit without giving Party B any compensations. 

    

    Party
      A
      shall bear the duty of installing the pipes and wires for plumbing, electricity
      and the fire service to the edge of the factory buildings. Party A shall
      provide, apply for the approval for and install an electric transformer of
      315KVA and a lift bears the weight of 2 tons for each leased building for Party
      B. Other facilities and the parts of overdue of electricity except the electric
      transformer shall be applied by Party B itself. The proper right of transformers
      installed additionally by Party B shall belongs to Party B.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    During
      the lease term, Party A shall be responsible to fix any damages of the leased
      buildings caused by the problems of their main structure. If the damages is
      because of the over loading than 700kg per square meters performed by Party
      B,
      Party B shall bear the liability
      of compensating the damages of leased buildings.

    

    During
      the lease term, Party B shall obtain the consent of Party A to decorate the
      leased factory buildings or sublease the leased factory buildings to the third
      party.

    

    During
      the lease term , Party B shall
      pay
      the entire operating fee including taxes, expenses cost by industry and
      commerce, water and electricity on the basis of the provisions of the laws
      and
      regulations. Any results caused by Party B’s failure of performing the aforesaid
      payment shall be borne by Party B.

    

    Party
      B
      shall pay RMB1,500 Yuan as the sharing salaries for security men, cleaners
      and
      other water and electric workers outside the Zone of each leased building per
      month. The payment shall be transferred to Party A together with the monthly
      rent.

    

    According
      to the regulations of the Zone, all the waste materials resulting from the
      operation of Party B shall be purchased and managed by Party A at the market
      price to prevent from any security problems. 

    

    During
      the lease term, Party B shall bear the management fee and the operating
      fee.

    

    When
      the
      lease term expires, Party B shall return the real estate facilities to Party
      A
      and take the chattels away, fix the broken doors and windows of the leased
      buildings, clean the leased area and obtain the consent of Party A to return
      the
      leased premises.

    

    During
      the lease term, both parties have rights to cancel the Agreement in advance
      if
      it fails to be preformed because of force majeure. The issues shall be dealt
      according to relevant PRC laws and regulations.

    

    Party
      A
      shall assist Party B in handling
      the registration formalities of industry, commerce and tax at the District
      Competent Authority and the relationship between Party B and the local
      governmental departments.

    

    After
      this Agreement comes into effect, if there is any confliction between the
      documentations issued by either of both parties for the purpose of corresponding
      relevant PRC laws and regulations and this Agreement, both parties shall submit
      to this Agreement.

    

    During
      the lease term, any party who fails to fulfill any duties stipulated by the
      articles of this contract and that causes losses of the other party, he shall
      pay for the actual loss. If Party B fails to continue the operation of the
      business and or Party A fails to continue to lease the buildings caused by
      the
      distressed market conditions during the term of the lease, either party shall
      notify the other party in writing three months in advance. Both parties shall
      resolve the issue by negotiations. 

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    If
      both
      parties have disputes of performing this Lease Contract, they shall settle
      the
      disputes through negotiations; if they fail to consult, they may apply for
      arbitration by Shenzhen Arbitration Commission.

    

    Anything
      not covered in this Agreement will be discussed separately by both parties
      and
      be signed in a supplement agreement. The supplement agreement has the same
      effect as the original Agreement. 

    

    This
      Agreement has two originals and each party holds one original. Both originals
      have the same legal effect.

    

    This
      Agreement shall come into effect on the day of execution.

    

    Party
      A :

    Shenzhen
      Qiaotou Equity Cooperation Co.

    (Corporate
      Seal)

     

    
      	
              Party
                B:

              (Corporate
                Seal)

               

               

            	 	 	 
	By:	/s/ Jianjun
              Zeng	 	 	
            
	 	
              
Name:
              Jianjun Zeng	 	 	
            
	 	
            	 	 	
            

    

     

    Sign
      Date: March
      28,
      2006Exhibit
      10.18

    Real
      Property Lease Agreement

    

    Party
      A:
      Shanghai
      Fengxian Livestock and Fishery Co., Ltd.

    Party
      B: Shanghai
      Ritar Power Co., Ltd. 

    

    
      	1.	
              Party
                A will lease the factory building located at No. 1008, Xingyang Road,
                Guangming Town, Fengxian District, Shanghai (with constructed area
                of
                13,000 square meters) to Party B.

            

    

    

    
      	2.	
              The
                lease term shall be from 1 July 2003 to 30 June
                2016.

            

    

    

    
      	3.	
              The
                lease rental is RMB 1,000,000 Yuan per year and shall be paid to
                Party A
                without delay at the beginning of each year from the signed day of
                this
                Agreement.

            

    

    

    
      	4.	
              Party
                A shall bear of the liability for maintenance of the property. Party
                B
                shall take good care of the leased premise during the lease term
                and shall
                not make any damages. Otherwise, Party B will be responsible to compensate
                any damages of the leased houses caused by its fault and negligence.
                Party
                B shall obtain the consent of Party A to decorate the houses if necessary
                for business and sign another
                agreement;

            

    

    

    
      	5.	
              Party
                A shall bear the lease tax of the leased
                premise.

            

    

    

    
      	6.	
              This
                Agreement shall come into effect once it is signed or stamped by
                both
                parties. In case of breach of contract by any party, the breaching
                party
                shall bear the relevant liabilities and compensate the loss incurred
                to
                the other party by its breach of
                contract.

            

    

    

    
      	7.	
              Termination
                and dissolution of this Agreement.

            

    

    

    
      	8.	
              Other
                issues 

            

    

    

    Party
      A 

    Shanghai
      Fengxian Livestock and Fishery Co., Ltd

    (Corporate
      Seal)

    

      
        	 	
                 

              	
                 

              	
                 

              
	
                
                  Party
                    B 

                  Shanghai
                    Ritar Power Co., Ltd

                

              	 
	
                 

              	
                 

                 

              	
                 

                 

              	
                 

                 

              
	
                By:
                  

              	
                /s/
                  Jiada Hu

              	
                  

              	
                 

              
	
                 

              	
                Name:
                  Jiada Hu

              	 
	
                 

              	
                 

              	 

      

    

    Sign
      Date: 1 July 2003

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