Document:

Exhibit
10.4

         

      Date:
July 10, 2010

      __________________________

       

      English
Summary of Supply Agreement

      __________________________

      

      Between

      

      Beijing
Jinheng Great Idea Auto Electronic System Co., Ltd.

      (as
Supplier)

      

      And

      

      Jinzhou
Jinheng Automobile Safety System Co., Ltd.

      (as
Buyer)

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Contents 

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        	
                                                No.

                                              	
                                                Clause

                                              	 
	 
      	 
      	 
	
                                                1.

                                              	
                                                Definition

                                              	 
	 
      	 
      	 
	
                                                2.

                                              	
                                                Pre-conditions

                                              	 
	 
      	 
      	 
	
                                                3.

                                              	
                                                Supply

                                              	 
	 
      	 
      	 
	
                                                4.

                                              	
                                                Price
      and payment terms

                                              	 
	 
      	 
      	 
	
                                                5.

                                              	
                                                Delivery
      and acceptance

                                              	 
	 
      	 
      	 
	
                                                6.

                                              	
                                                Notice
      and delivery

                                              	 
	 
      	 
      	 
	
                                                7.

                                              	
                                                Effective,
      validity, termination and covenant

                                              	 
	 
      	 
      	 
	
                                                8.

                                              	
                                                Force
      majeure

                                              	 
	 
      	 
      	 
	
                                                9.

                                              	
                                                Default

                                              	 
	 
      	 
      	 
	
                                                10.

                                              	
                                                Agreement
      characteristic

                                              	 
	 
      	 
      	 
	
                                                11.

                                              	
                                                Dispute
      settlement

                                              	 

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        
  

      Execution
_____________________________________________________

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      This
supply agreement was singed on July 10, 2010 between by:

      

      
        
          	
                  (1)

                	
                  Beijing
      Jinheng Great Idea Auto Electronic System Co., Ltd. (and / or its
      affiliated companies,
      hereinafter referred as “Supplier”) , a corporation duly formed under the
      laws of People Relisting of China, with its registered place at 38-2, No.2
      Jingyuan North Street, Eco. & Tech. Development Zone, Beijing,
      China.

                

        

      

      

      
        
          	
                  (2)

                	
                  Jinzhou
      Jinheng Automobile Safety System Co., Ltd. (and / or its affiliated
      companies,
      hereinafter referred as “Buyer”) , a corporation duly formed under the
      laws of People Relisting of China, with its registered place at No.16,
      Block 4, Bohai Street, Eco. & Tech. Development Zone, Jinzhou City,
      Liaoning Province, China.

                

        

      

      

      Whereas,

      

      
        	
                1.

              	
                The
      Supplier is mainly engaged in R&D, designing, manufacturing and
      selling of Auto electronic facilities and suppling service in Auto
      electronic control technologies.

              

      

      

      
        	
                2.

              	
                The
      Buyer is mainly engaged in designing, manufacturing and selling of Auto
      air bag system and safety belt
system.

              

      

      

      
        	
                3.

              	
                The
      Supplier is willing to supply (including manufacturing and / or selling),
      in accordance with the items in this agreement, auto electronic parts to
      Buyer. Buyer is also willing to buy related goods from
      Supplier.

              

      

      

      Now,
therefore, both parties, on the base of mutual benefit, it is hereby
agreed:

      

      
        	
                1.

              	
                Definition

              

      

      

      Unless
otherwise specified in writing by the Parties, the following terms in this
Agreement shall be interpreted to have the following meanings:

      

      
        
          
            
              
                
                  	
                          1.1

                        	
                          “China”,  the
      People’s Relisting of China excluding Hong Kong, Macau
      and
      Taiwan for the purpose of this
agreement.

                        

                

              

            

          

        

      

      

      
        
          
            
              
                	
                        1.2

                      	
                        “Force
      majeure”, Nature disasters like earthquake, typhoon, floods, or other
      severe
      weather, etc. or objective conditions like fire, social chaos, war, strike
      that could not be forecasted or
avoided.

                      

              

            

          

        

      

      

      
        
          
            
              
                	
                        1.3

                      	
                        “Independent
      shareholder”, for the purpose of approving the Disposal, Shareholders
      other than the Purchaser and its associate, including but not limited to
      the Controlling
Shareholder;.

                      

              

            

          

        

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        	
                1.4

              	
                “Effective
      Term”,  Effective period described in clause
  7.

              

      

      

      
        	
                1.5

              	
                “Goods”,  products
      that Supplier and Buyer agree to supply and
  purchase.

              

      

      

      
        	
                1.6

              	
                “HK Ex”,  means Hong
      Kong Exchanges and Clearing
Limited.

              

      

      

      
        
          	
                  1.7

                	
                  “Listing
      rules”, the Rules Governing the Listing of Securities on the
      Hong Kong
      Stock Exchange.

                

        

      

      

      
        	
                1.8

              	
                “Affiliates”, 
      defined as Chapter 1 of listing
rules.

              

      

      

      
        	
                1.9

              	
                “Business
      day”,  days in Chinese Solar calendar excluding legal
      holidays.

              

      

      

      
        
          	
                  1.10

                	
                  “HK
      dollar”,   legal currency used in Hong Kong Special
      Administrative Region.

                

        

      

      

      
        
          	
                  1.11

                	
                  “Equity
      transfer Agreement”,  signed by the Listing Company as the
      seller, and
      Vital Glee Development Limited as the Buyer, and Vital Glee Development
      Limited hereby consents to acquire and the Listing Company consens to sell
      all the outstanding shares issued by Jinheng
  BVI..

                

        

      

      

      
        	
                2.

              	
                Pre-conditions

              

      

      

      
        	
                2.1

              	
                This
      agreement will come into effect upon following pre-requsites being
      satisfied,

              

      

      

      
        	
                 
      

              	
                (i)

              	
                the
      passing by the Independent Shareholders at the EGM of the necessary
      resolution to approve by the independent shareholders of Jinheng
      Automotive Safety Technology Holdings Limted (listing company)
      ;

              

      

      

      
        	
                 
      

              	
                (ii)

              	
                All
      the pre-requisite to the Equity Transfer Agreement should be satisfied;
      and

              

      

      

      
        	
                 
      

              	
                (iii)

              	
                consents
      and authorizations necessarily required to be obtained in respect of the
      supply agreement and the transactions contemplated thereunder having been
      obtained.

              

      

      
        	
                2.2

              	
                Both
      parties should try their best to meet the pre-requsites described in
      Article 2.1, especially provide all information and documents required by
      the laws, regulations, rules to the Supplier, HKEx and other regulation
      agencies.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	
                2.3

              	
                The
      agreement will be terminated if the pre-requsites prescribed in the 7(a)
      upon or before December 31, 2010, excluding the breach before the
      termination. Parties should not undertake the responsibilites and
      obligations.

              

      

      

      
        	
                3.

              	
                Supply

              

      

      

      
        	
                3.1

              	
                Buy
      should purchase the goods under the order of the agreement during the
      term, in accordance with the items and conditions prescribed in the
      agreement.

              

      

      

      
        	
                3.2

              	
                Supplier
      shall manufacture and sell the goods under the order of the agreement
      during the term in accordance with the items and conditions prescribed in
      the agreement.

              

      

      

      
        	
                4.

              	
                Price and
      Payments

              

      

      

      
        	
                4.1

              	
                Otherwise
      a new supply agreement signed, the price should be set under the fair
      value each month.

              

      

      

      
        	
                4.2

              	
                Supplier
      should release invoice for the goods they submit to Buyer and Buyer should
      pay for it in 30 days starting from the invoice
  date.

              

      

      

      
        	
                4.3

              	
                From
      the effective date of this agreement to December 31, 2010 and the year of
      2011 and 2012, the total annual amount that Buyer should purchase from
      Supplier should not exceed RMB50 million, RMB70 million and RMB90
      million.

              

      

      

      
        	
                5.

              	
                Delivery and
      acceptance

              

      

      

      
        	
                5.1

              	
                Supplier
      should try to comply with delivery date prescribed in the detailed
      agreement, and Buyer reserve the right to pursue legal actions against the
      Supplier except the item 8 below.

              

      

      

      
        	
                5.2

              	
                Delivery
      destination given in written form to the Supplier will be nominated by the
      Buyer. All freights specified in this agreement are imposed upon the Buyer
      to avoid dispute.

              

      

      

      
        	
                5.3

              	
                If
      any unconformity with the order was found by the Buyer, notification
      should be given by the Buyer to explain the reason of being unconformity
      upon arriving at the destination
place.

              

      

      

      
        	
                5.4

              	
                If
      notification was no given stated as above, the goods will be understood as
      qualified in every respect, the Buyer will be understood to accept the
      delivery of goods, and no legal repesponsibilites will be impose upon the
      Supplier.

              

      

      

      
        	
                5.5

              	
                All
      risks and liabilities will be transferred to Buyer when goods arrived in
      delivery destination,

              

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      
        	
                6.

              	
                Notice and
      Delivery

              

      

      

      
        	
                6.1

              	
                All
      notices or other materials released from one party to another under the
      requirements of the agreement can be sent to the other side by fax or
      post. The address and fax number are as
follows:

              

      

      

      To the
Supplier:

      Beijing
Jinheng Greatidea Auto Electronical System Co., Ltd.

      Address:
38-2, No.2 Jingyuan North Street, Eco. & Tech. Development Zone, Beijing,
China

      Fax:
010-67856562

      

      To the
Buyer:

      Jinzhou
Jinheng Automobile Safety System Co., Ltd.

      Address:
No.16, Section 4, Bohai Street, Eco. & Tech. Development Zone, Jinzhou,
Liaoning, China

      Fax:
0416-3585717

      

      
        	
                6.2

              	
                The
      materials sent by post will be regarded as received seven days after
      posting if the mail were not rejected to the
  Supplier.

              

      

      

      
        	
                6.3

              	
                The
      materials sent by fax will be regarded as received on the same day if the
      sender received confirmation.

              

      

      

      
        	
                7.

              	
                Effective, Term,
      Termination and Covenant

              

      

      

      
        	
                7.1

              	
                This
      agreement will come into effect from the date of pre-requsites being
      satisfied to December 31, 2012 under the requirement of the Article
      2.

              

      

      

      
        	
                7.2

              	
                During
      the term, Supplier should terminate agreement in written form under the
      condition of no approval of Supplier, their listing company or shareholder
      of listing company. This agreement will be terminated on the day of Buyer
      receiving Supplier’s notice.

              

      

      

      
        	
                7.3

              	
                Under
      the condition of no influence of Article 7.2, during the term, one party
      breaks agreement term continually and badly, and no supplement in 30 days,
      the other party has right to terminate this agreement in written
      form.

              

      

      

      
        	
                7.4

              	
                During
      the validity, the agreement will terminate in any below
      conditions:

              

      

      
        
          	 	 	 
	
                    
      

                	
                  (i)

                	
                  One
      party is announced bankrupt;

                
	 	 	 

        

      

      
        	
                 

              	
                (ii)

              	
                One
      party is liquidation (excluding the purpose of merger,
      restructuring);

              

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      
        	
                  

              	
                (iii)

              	
                One
      party stops operation or will stop
operation.

              

      

      

      
        	
                7.5

              	
                Failure,
      delay of the payee to exercise any right or any partial right under this
      regulation shall not operate as a waiver
  thereof.

              

      

      

      
        	
                7.6

              	
                The
      termination right in Article 7.3 is no influence of disobeyed side’
      recognized right
      or right to compensation (if
applicable).

              

      

      

      
        	
                7.7

              	
                Both
      parties commit that permit the auditors of the listing company to audit
      the accounts of agreement deals, to release report on the transaction
      under the agreement..

              

      

      

      
        	
                8.

              	
                Force
      majeure

              

      

      

      
        	
                8.1

              	
                The
      force majeure side can exempt responsibility of default, and inform the
      other side in official certificate
form.

              

      

      

      
        	
                9.

              	
                Default

              

      

      

      
        	
                9.1

              	
                Compensation
      should be made by the default party to the other for the exonomic losses
      incurred.

              

      

      

      
        	
                9.2

              	
                Penalty
      should be paid by default party to the other for the breach of the
      agreement under the laws and
regulations.

              

      

      

      
        	
                10.

              	
                Nature of
      Agreement

              

      

      

      
        	
                10.1

              	
                It
      is agreed that Buyer has right to request Supplier to supply goods as they
      required; Suppler have right to share and performance its right and
      responsibility with their nominated
company.

              

      

      

      
        	
                10.2

              	
                No
      partenership between the Buyer and the Supplier will be formed by this
      agreement.

              

      

      

      
        	
                10.3

              	
                This
      agreement includes all the terms between Supplier and Buyer, supersedes
      former agreements. Otherwise authorize in written form by two parties, it
      can not be revised.

              

      

      

      
        	
                10.4

              	
                Both
      parties conform that, both parties have no other promise or terms except
      articles required by the agreement.

              

      

      

      
        	
                10.5

              	
                If
      any term in this agreement is identified by any Court or other official
      agency as invalidity or partial invalidity, and other terms are valid to
      effect

              

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      
        	
                11.

              	
                Dispute
      Settlement

              

      

      

      
        	
                11.1

              	
                This
      agreement is governed and construted under the laws of People Republic of
      China.

              

      

      

      
        	
                11.2

              	
                Both
      parties should settle the dispute on the basis of friendly discussion. Any
      party can litigate to presidial People’ Court if no settlement can be
      made.

              

      

      

      This
agreement may be excuted by parties hereto in quadruplicate, and come into
effect by signiture of the authorized representatives and seal of the
parties.

      

      [signature
page follows]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      The
Supplier:

      Beijing
Jinheng Great Idea Auto Electronic System Co., Ltd.

      

      Signature:

      /s/ CORPORATE SEAL

      The
Buyer:

      Jinzhou
Jinheng Automobile Safety System Co., Ltd.

      

      Signature:

      /s/ CORPORATE SEAL

      [Remarks]
This document is the translation from original in Chinese, and all contents are
subject to the original version with signatures.Exhibit
10.5

       

    Date:
July 10, 2010

    __________________________

     

    English
Summary of Supply Agreement

    __________________________

    

    Between

    

    Shanxi
Winner Auto Parts Co., Ltd.

    (as
Supplier)

    

    And

    

    Jinzhou
Jinheng Automobile Safety System Co., Ltd.

    (as
Buyer)

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Contents

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              	
                                      No.

                                    	
                                      Clause

                                    
	 	 
	
                                      1.

                                    	
                                      Definition

                                    
	 	 
	
                                      2.

                                    	
                                      Pre-conditions

                                    
	 	 
	
                                      3.

                                    	
                                      Supply

                                    
	 	 
	
                                      4.

                                    	
                                      Price
      and payment terms

                                    
	 	 
	
                                      5.

                                    	
                                      Delivery
      and acceptance

                                    
	 	 
	
                                      6.

                                    	
                                      Notice
      and delivery

                                    
	 	 
	
                                      7.

                                    	
                                      Effective,
      validity, termination and covenant

                                    
	 	 
	
                                      8.

                                    	
                                      Force
      majeure

                                    
	 	 
	
                                      9.

                                    	
                                      Default

                                    
	 	 
	
                                      10.

                                    	
                                      Agreement
      characteristic

                                    
	 	 
	
                                      11.

                                    	
                                      Dispute
      settlement

                                    

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    

    Execution
_________________________________________________

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    This
supply agreement was singed on July 10, 2010 between by:

    

    
      	
              (1)

            	
              Shanxi
      Winner Auto Parts Co., Ltd. (and / or its affiliated companies,
      hereinafter referred as “Supplier”) , a corporation duly formed under the
      laws of People Relisting of China, with its registered place at No. 12,
      Wuluo Street, Taiyuan E&D Zone, Shanxi Province,
  China.

            

    

    

    
      	
              (2)

            	
              Jinzhou
      Jinheng Automobile Safety System Co., Ltd. (and / or its affiliated
      companies, hereinafter referred as “Buyer”) , a corporation duly formed
      under the laws of People Relisting of China, with its registered place at
      No.16, Block 4, Bohai Street, Eco. & Tech. Development Zone, Jinzhou
      City, Liaoning Province, China.

            

    

    

    Whereas,

    

    
      	
              1.

            	
              The
      Supplier is mainly engaged in R&D, designing, manufacturing and
      selling of Auto safety airbag inflator and other auto
    parts.

            

    

    

    
      	
              2.

            	
              The
      Buyer is mainly engaged in designing, manufacturing and selling of Auto
      air bag system and safety belt
system.

            

    

    

    
      	
              3.

            	
              The
      Supplier is willing to supply (including manufacturing and / or selling),
      in accordance with the items in this agreement, auto safety airbag
      inflator and other auto parts to Buyer. Buyer is also willing to buy
      related goods from Supplier.

            

    

    

    Now,
therefore, both parties, on the base of mutual benefit, it is hereby
agreed:

    

    
      	
              1.

            	
              Definition

            

    

    

    Unless
otherwise specified in writing by the Parties, the following terms in this
Agreement shall be interpreted to have the following meanings:

    

    
      	
              1.1

            	
              “China”,  the
      People’s Relisting of China excluding Hong Kong, Macau and Taiwan for the
      purpose of this agreement.

            

    

    

    
      	
              1.2

            	
              “Force
      majeure”, Nature disasters like earthquake, typhoon, floods, or other
      severe weather, etc. or objective conditions like fire, social chaos, war,
      strike that could not be forecasted or
avoided.

            

    

    

    
      	
              1.3

            	
              “Independent
      shareholder”, for the purpose of approving the Disposal, Shareholders
      other than the Purchaser and its associate, including but not limited to
      the Controlling Shareholder;.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              1.4

            	
              “Effective
      Term”, Effective period described in clause
7.

            

    

    

    
      	
              1.5

            	
              “Goods”,
      products that Supplier and Buyer agree to supply and
    purchase.

            

    

    

    
      	
              1.6

            	
              “HK Ex”, means Hong Kong
      Exchanges and Clearing Limited.

            

    

    

    
      	
              1.7

            	
              “Listing
      rules”, the Rules Governing the Listing of Securities on
      the Hong Kong Stock
Exchange.

            

    

    

    
      	
              1.8

            	
              “Affiliates”, defined
      as Chapter 1 of listing rules.

            

    

    

    
      	
              1.9

            	
              “Business
      day”, days in Chinese Solar calendar excluding legal
    holidays.

            

    

    

    
      	
              1.10

            	
              “HK
      dollar”, legal currency used in Hong Kong Special Administrative
      Region.

            

    

    

    
      	
              1.11

            	
              “Equity
      transfer Agreement”,  signed by the Listing Company as the
      seller, and Vital Glee Development Limited as the Buyer, and Vital Glee
      Development Limited hereby consents to acquire and the Listing Company
      consens to sell all the outstanding shares issued by Jinheng
      BVI..

            

    

    

    
      	
              2.

            	
              Pre-conditions

            

    

    

    
      	
              2.1

            	
              This
      agreement will come into effect upon following pre-requsites being
      satisfied,

            

    

    

    
      	
               
      

            	
              (i)

            	
              the
      passing by the Independent Shareholders at the EGM of the necessary
      resolution to approve by the independent shareholders of Jinheng
      Automotive Safety Technology Holdings Limted (listing company)
      ;

            

    

    

    
      	
               
      

            	
              (ii)

            	
              All
      the pre-requisite to the Equity Transfer Agreement should be satisfied;
      and

            

    

    

    
      	
               
      

            	
              (iii)

            	
              consents
      and authorizations necessarily required to be obtained in respect of the
      supply agreement and the transactions contemplated thereunder having been
      obtained.

            

    

    

    
      	
              2.2

            	
              Both
      parties should try their best to meet the pre-requsites described in
      Article 2.1, especially provide all information and documents required by
      the laws, regulations, rules to the Supplier, HKEx and other regulation
      agencies.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              2.3

            	
              The
      agreement will be terminated if the pre-requsites prescribed in the 7(a)
      upon or before December 31, 2010, excluding the breach before the
      termination. Parties should not undertake the responsibilites and
      obligations.

            

    

    

    
      	
              3.

            	
              Supply

            

    

    

    
      	
              3.1

            	
              Buy
      should purchase the goods under the order of the agreement during the
      term, in accordance with the items and conditions prescribed in the
      agreement.

            

    

    

    
      	
              3.2

            	
              Supplier
      shall manufacture and sell the goods under the order of the agreement
      during the term in accordance with the items and conditions prescribed in
      the agreement.

            

    

    

    
      	
              4.

            	
              Price and
      Payments

            

    

    

    
      	
              4.1

            	
              Otherwise
      a new supply agreement signed, the price should be set under the fair
      value each month.

            

    

    

    
      	
              4.2

            	
              Supplier
      should release invoice for the goods they submit to Buyer and Buyer should
      pay for it in 90 days starting from the invoice
  date.

            

    

    

    
      	
              4.3

            	
              From
      the effective date of this agreement to December 31, 2010 and the year of
      2011 and 2012, the total annual amount that Buyer should purchase from
      Supplier should not exceed RMB190 million, RMB250 million and RMB320
      million.

            

    

    

    
      	
              5.

            	
              Delivery and
      acceptance

            

    

    

    
      	
              5.1

            	
              Supplier
      should try to comply with delivery date prescribed in the detailed
      agreement, and Buyer reserve the right to pursue legal actions against the
      Supplier except the item 8 below.

            

    

    

    
      	
              5.2

            	
              Delivery
      destination given in written form to the Supplier will be nominated by the
      Buyer. All freights specified in this agreement are imposed upon the Buyer
      to avoid dispute.

            

    

    

    
      	
              5.3

            	
              If
      any unconformity with the order was found by the Buyer, notification
      should be given by the Buyer to explain the reason of being unconformity
      upon arriving at the destination place. Any disputes arisen shall be
      settled within 60 days through discussion of both
  parties.

            

    

    

    
      	
              5.4

            	
              If
      notification was no given stated as above, the goods will be understood as
      qualified in every respect, the Buyer will be understood to accept the
      delivery of goods, and no legal repesponsibilites will be impose upon the
      Supplier.

            

    

    

    
      	
              5.5

            	
              All
      risks and liabilities will be transferred to Buyer when goods arrived in
      delivery destination,

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              6.

            	
              Notice and
      Delivery

            

    

    

    
      	
              6.1

            	
              All
      notices or other materials released from one party to another under the
      requirements of the agreement can be sent to the other side by fax or
      post. The address and fax number are as
follows:

            

    

    

    To the
Supplier:

    Shanxi
Winner Auto Parts Co., Ltd.

    
      Address:
No. 12, Wuluo Street, Taiyuan E&D Zone, Shanxi Province,
China.

    

    Fax:
0351-7560619

    

    To the
Buyer:

    Jinzhou
Jinheng Automobile Safety System Co., Ltd.

    
      Address:
No.16, Section 4, Bohai Street, Eco. & Tech. Development Zone, Jinzhou,
Liaoning, China

    

    Fax:
0416-3585717

    

    
      	
              6.2

            	
              The
      materials sent by post will be regarded as received seven days after
      posting if the mail were not rejected to the
  Supplier.

            

    

    

    
      	
              6.3

            	
              The
      materials sent by fax will be regarded as received on the same day if the
      sender received confirmation.

            

    

    

    
      	
              7.

            	
              Effective, Term,
      Termination and Covenant

            

    

    

    
      	
              7.1

            	
              This
      agreement will come into effect from the date of pre-requsites being
      satisfied to December 31, 2012 under the requirement of the Article
      2.

            

    

    

    
      	
              7.2

            	
              During
      the term, Supplier should terminate agreement in written form under the
      condition of no approval of Supplier, their listing company or shareholder
      of listing company. This agreement will be terminated on the day of Buyer
      receiving Supplier’s notice.

            

    

    

    
      	
              7.3

            	
              Under
      the condition of no influence of Article 7.2, during the term, one party
      breaks agreement term continually and badly, and no supplement in 30 days,
      the other party has right to terminate this agreement in written
      form.

            

    

    

    
      	
              7.4

            	
              During
      the validity, the agreement will terminate in any below
      conditions:

            

    

    
      	
               
      

            	
              (i)

            	
              One
      party is announced bankrupt;

            

    

    
      	
            	
              (ii)

            	
              One
      party is liquidation (excluding the purpose of merger,
      restructuring);

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
            	
              (iii)

            	
              One
      party stops operation or will stop
operation.

            

    

    

    
      	
              7.5

            	
              Failure,
      delay of the payee to exercise any right or any partial right under this
      regulation shall not operate as a waiver
  thereof.

            

    

    

    
      	
              7.6

            	
              The
      termination right in Article 7.3 is no influence of disobeyed side’
      recognized right
      or right to compensation (if
applicable).

            

    

    

    
      	
              7.7

            	
              Both
      parties commit that permit the auditors of the listing company to audit
      the accounts of agreement deals, to release report on the transaction
      under the agreement..

            

    

    

    
      	
              8.

            	
              Force
      majeure

            

    

    

    
      	
              8.1

            	
              The
      force majeure side can exempt responsibility of default, and inform the
      other side in official certificate
form.

            

    

    

    
      	
              9.

            	
              Default

            

    

    

    
      	
              9.1

            	
              Compensation
      should be made by the default party to the other for the exonomic losses
      incurred.

            

    

    

    
      	
              9.2

            	
              Penalty
      should be paid by default party to the other for the breach of the
      agreement under the laws and
regulations.

            

    

    

    
      	
              10.

            	
              Nature of
      Agreement

            

    

    

    
      	
              10.1

            	
              It
      is agreed by both parties that the Buyer has right to request the Supplier
      to supply goods as they required; the Suppler has right to share and
      performance its right and responsibility with their nominated
      company.

            

    

    

    
      	
              10.2

            	
              No
      partenership between the Buyer and the Supplier will be formed by this
      agreement.

            

    

    

    
      	
              10.3

            	
              This
      agreement includes all the terms between Supplier and Buyer, supersedes
      former agreements. Otherwise authorize in written form by two parties, it
      can not be revised.

            

    

    

    
      	
              10.4

            	
              Both
      parties conform that, both parties have no other promise or terms except
      articles required by the agreement.

            

    

    

    
      	
              10.5

            	
              If
      any term in this agreement is identified by any Court or other official
      agency as invalidity or partial invalidity, and other terms are valid to
      effect

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              11.

            	
              Dispute
      Settlement

            

    

    

    
      	
              11.1

            	
              This
      agreement is governed and construted under the laws of People Republic of
      China.

            

    

    

    
      	
              11.2

            	
              Both
      parties should settle the dispute on the basis of friendly discussion. Any
      party can litigate to presidial People’ Court if no settlement can be
      made.

            

    

    

    This
agreement may be excuted by parties hereto in quadruplicate, and come into effect by
signiture of the authorized representatives and seal of the
parties.

    

    [signature
page follows]

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    The
Supplier:

    Shanxi
Winner Auto Parts Co., Ltd.

    

    Signature:

    /s/ CORPORATE SEAL

    The
Buyer:

    Jinzhou
Jinheng Automobile Safety System Co., Ltd.

    

    Signature:

    /s/ CORPORATE SEAL

    [Remarks]
This document is the translation from original in Chinese, and all contents are
subject to the original version with signatures.

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"}]]