Document:

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                                                                   Exhibit 10.26

       ENGLISH LANGUAGE SUMMARY OF EDUCATIONAL EQUIPMENT SUPPLY AGREEMENT

DATE OF AGREEMENT: 10/30/2003

PARTIES:  Haicheng  (Shanghai)  Information  Technologies Co., Ltd. (Party A)
and Kid Castle Educational Software Development Co., Ltd. (Party B)

AGREEMENT: Party A to provide computers, including hardware, systems and
application software, with the best prices, to Party B for Party B's promotion
of informational education to children in China.

Party A is responsible for the supply, installation of the computers required
herein and the after sale maintenance.

Party B is responsible for the collection of purchase orders for the computers.

DESCRIPTION OF THE AGREEMENT: Party A shall provide and set up the basic
equipments, including: ten (10) computer systems, one (1) hub switch with
sixteen (16) connections, one (1) Internet wiring (with eleven (11) construction
points), one (1) Internet management system, and one (1) digital multimedia
education hardware system. Any additional hardware equipments and application
software needed should be discussed and decided by both parties. Total price for
the basic equipment is 27,980 RMB.

Details of the equipments of this article shall be confirmed by both parties by
November 5, 2003 and listed as one of the attachment I hereto.

Unless otherwise regulated, the purchase amount of equipments shall be in
accordance with the amount stated in the purchase orders. Information stated in
the attachment I hereto may be adjusted by both parties in writing in accordance
with the change of the market situation. Quotation of relevant products shall be
adjusted once every half year.

<PAGE>

                                                                   Exhibit 10.26

ORDERS: Party B shall collect the clients' needs and then place the orders
together to Party A. When Party B places the order to Party A, Party B shall
describe the necessary items, including price, amount, total amount, date and
the places for installation. Form of the order shall be provided by Party A and
confirmed by Party B and will be the attachment II hereto.

FIRST ORDER: Both parties agree that the purchase amount of the first order will
be tentatively 300 sets of computer systems and all of which shall be delivered
before 06/30/2004. The exact order amount will be in accordance with the
purchase order from Party B.

Both parties shall confirm the content stated in the attachment I hereto by
November 5, 2003. Party A shall deliver the products in accordance with Party
B's purchase order by November 15, 2003 and finish the installation thereof by
November 25, 2003.

PACKAGE AND SHIPMENT: Party A shall pack the equipments stated herein in
accordance with packaging standard. The cost of first shipping to the place
designated by Party B shall be borne by Party B. The price stated in this
agreement includes shipping cost. Cost of any additional delivery caused by
reason attributable to Party B shall be borne by Party B

DELIVERY: Both parties agree that Party A shall deliver the equipments as
ordered to the places designated by Party B within 10 days after the date Party
B places the purchase order. Party A shall finish installation and testing
within 3 days after the equipments being delivered to the designated places.

FORM OF PAYMENT: Party B shall pay through the appointed credit bank to Party A
through two installments. Party B shall pay 10% of the total payments in the
first installment, and the remaining total be paid in full on the second
installment in seven (7) working days after the system evaluation.

MAINTENANCE: Both parties agree that Party A shall provide one-year free
maintenance service after the evaluation of the equipments. Damages caused by
the act of god shall be fixed by Party A.

<PAGE>

                                                                   Exhibit 10.26

USE OF SOFTWARE: Party B may use the software only for the purpose of this
project and may not provide the software to others to use. Except for certain
circumstances, Party B may not copy any part of the software.

USE OF EDUCATIONAL SOFTWARE: Party A may apply the Kidcastle children
informational educational software provided by Party B only to the systems under
this project and may install such educational software only into the equipments
of this project.

Except for certain circumstances, Party A may not copy any part of such
educational software. Unless agreed by Party B in writing in advance, Party A
may not sell, transfer or permit others to use the software of this project or
infringe Party B's intellectual property rights in any other way.

TERM: This agreement shall be effective from the execution date hereof and until
the date of which the duties hereunder have been done.

PERSON SIGNING THE AGREEMENT: Party A: X, Party B: Wang, Kuo An<PAGE>

                                                                   EXHIBIT 10.27

Date March 6, 2003

                                 LOAN AGREEMENT

PARTY A SHALL FOREMOST HAVE KNOWLEDGE TO THE FULL TEXT OF THE AGREEMENT AND HAVE
A SINGLE COPY FOR RECORD.
(SHOULD ANY QUESTIONS ARISE, PLEASE DO NOT SIGN ON THIS AGREEMENT.)

Received by: (sealed: Kid Castle Internet Technology Corporation)

Date: March 11, 2003

<TABLE>
<S>     <C>               <C>                 <C>
Item    Medium-Term Loan       A/C No.        No.82166-7
                          Ratification No.    No.1010013
</TABLE>

Checked by: (seal)            Prepared by: (seal)

<PAGE>
                                 Loan Agreement

                        (For Mortgage Car Loan Use Only)

This Loan Agreement is made by and between Party A: (affixed by Kid Castle
Internet Technology Corporation) and Party B: the MACOTO Bank. Party A and Joint
Guarantors (affixed by Wang, Kuo-An & Chiu, Yu-En) (hereinafter referred to as
"Guarantors") provide Party B with a motor vehicle as the loan security under
this Agreement with respect to a loan application with the agreed sum of Two
Million New Taiwan Dollars. Both Parties and the Guarantors agree to abide by
the terms and conditions set forth hereinafter:

1.       The debt incurred shall come in effect on (March 11,2003) and the
         duration of this Agreement shall last for twenty-four months (i.e.,
         commencing from March 11, 2003 to March 11, 2005).

2.       The contracted amount shall be deposited in the amount of
         (intentionally blank) of Party A opened in Party B's Bank with A/C No.
         (intentionally blank) by Party B or made by either of the methods in
         the following two Clauses appointed by Party A:

         (A)      A written cheque(s) of the Bank of Taiwan or of Bank of Party
                  B written in favor of the payee from Party B, as the drawer
                  (payee: (intentionally blank) ).

         (B)      A remittance (deposit) into the bank account with A/C No.
                  24509000383 in the United World Chinese Commercial Bank,
                  Hsintien Branch (Beneficiary Name: (intentionally blank) ).

3.       The interests and deferred interests of the debt under this Agreement
         shall be repaid according to the following Clause:

                  (A)      Through calculating at a fixed interest rate of 10%
                           p.a, the deferred interests are in the same measure.

                  Upon any violation of the preceding provision of this
                  Agreement, the interest rate shall be calculated at the rate
                  of 5% p.a.

4.       The repayment method of the principal and the interests of the debt
         taken out on this Agreement shall be made according to the following
         Clause:

                  (A)      The principal and interests shall be paid monthly by
                           means of the annuity method, commencing from the date
                           of the debt incurred (i.e., once a month on an
                           installment basis for twenty four periods in total
                           with NT$92,290 per installment period).

                  Party B shall provide for Party A with the calculation method
                  and a repayment table of the principal and the interests of
                  the debt. In addition, Party B shall advise Party A of the
                  inquiry method upon Party A's request.

                  Upon a violation of the provision of Clause (A), Party A may
                  request for changing back to the repayment method according to
                  Clause (A) at any time.

<PAGE>

         In addition to the said repayment method, Party A may repay the
         principal and interests in succession or in one lump sum prior to the
         due date.

5.       In the event Party A shall repay the principal and the interests in
         succession or at a time prior to the expiration of the installment
         term, a penalty equivalent to 2% of the total of the early
         reimbursement for within six months of the debt term and such payment
         equivalent to 1% of the total of early reimbursement for more than six
         months shall be borne. The following conditions shall not be subject to
         the limits or restrictions thereupon, in the event other regulations
         shall apply, a prior notice shall be given to Party B (intentionally
         blank) days in advance upon the end of the first year of the debt term,
         or such repayment shall be at Party B's request.

6.       Upon arrears of the principal or interests, Party A shall be liable for
         a default penalty by calculating the principal from the date of loan
         overdue and the interests from the due date of interests payable at the
         deferred interest rate prescribed in said Article based on deferred
         payments payable, and 10% interest rate shall also be imposed for the
         first six months from the date of loan overdue. In the event that the
         loan is more than six months overdue, a 20% interest rate shall be
         imposed for each month of the second sixth months as the penalty for
         the breach of this Agreement. (Party A and the Guarantors have full
         knowledge and agree to this Article are hereby to sign and affix seal:
         (sealed))

7.       For convenience of the repayments of all debts under this Agreement
         (including the principal, interests, deferred interests and default
         penalties, etc.), Party B is hereby authorized to directly withdraw
         money from A/C No. (intentionally blank) of Party A in the
         (intentionally blank) account opened in the Bank of Party B for
         the debt repayment purpose taking this Agreement as an authorization.
         Such money withdrawal transferred by Party B shall not require any
         withdrawal slip(s) or cheque(s) to be retrieved back from Party A
         aftermath. In the event Party A shall confirm any error made during the
         money transfer by Party B, Party B shall be responsible for such
         correction(s). In the event the disposal amount is insufficient to
         cover the said total compensation, it shall be borne by Party A at
         once.

8.       All debts under this Agreement refers to the Party A's debt affair with
         Party B, including bills, loans, advance payments, guarantees, credit
         card consumptions and all other related debts; further comprising the
         interests, deferred interests, penalties for breach of contract, damage
         compensation and all other expense incurred therefrom.

9.       Upon the occurrence of one of the following situations, Party B need
         not issue a prior notice or warning, and is able to reduce both the
         contracted amount and the contracted period of term at any time, or
         regard the debts to be full due:

                  (A)      Principals of any of the debt to be unpaid according
                           to the Agreement;

                  (B)      Applications for reconciliation or bankruptcy,
                           discharge of debts in accordance with the Bankruptcy
                           Law, non-acceptance announced by the Taiwan
                           Clearing-House;

                  (C)      Failure to implement the duties of guarantee as
                           required;

<PAGE>

                  (D)      The heir to the declaration of limit or abandon the
                           heritage, by reason of Party A's death;

                  (E)      Under the announcement of the confiscation of the
                           assets due to criminal act.

10.      Upon the occurrence of one of the following situations regarding the
         debt affairs Party A has with Party B, in the event any notice or
         warning for improvement is given by Party B to Party A, Party B may
         reduce the contracted amount or reduce the contracted period of term,
         or regard the debts to be in full due:

                  (A)      Interests of any of the debt unpaid according to the
                           Agreement;

                  (B)      The confiscation, destruction, reduction in value, or
                           a deficit of the guaranteed object against debt
                           responsibility;

                  (C)      The actual debt used by Party A is inconsistent with
                           the original purpose verified and approved by Party
                           B;

                  (D)      Due to compulsory executions, provisional seizure,
                           provisional disposition and or other disposition of
                           Party A that causes the failure of reimbursement to
                           Party B;

                  (E)      The cheques of Party A are bounced and such records
                           are not written off;

                  (F)      Reserved cheques[CHINESE CHARACTER] for repayments
                           unable to be cashed in on due dates;

                  (G)      Concrete evidence is found that the acquisition of
                           this debt by Party A is a result of false
                           report or statement, thereby causing the favorable
                           audit by Party B, or any violation of the provision
                           of this Agreement or bad credibility by Party A
                           (e.g., the real estate provided for the loan
                           application taken out as a second mortgage, etc.);
                           thereupon Party B deems it necessary to defend its
                           right to the debts.

11.      The offset method is prescribed as follows,

                  (A)      In the event Party A fails to repay the principal and
                           interests on schedules in accordance with this
                           Agreement or upon any occurrence of loss of right to
                           pay in installments prescribed in preceding Articles
                           9 or 10, Party B shall regard the debts to be full
                           due in accordance with this Agreement, regardless of
                           the nature or period of debt affairs; in addition,
                           Party B shall have the right to directly compensate
                           and offset all debts and all creditor's right of
                           Party B from various savings (cheque account(s) of
                           Party A shall be dealt in accordance with Clause (B)
                           of this Article) in Party B's Bank held by Party A
                           and Guarantors, excepting for other agreements or
                           prohibitions by laws and decrees or by both Parties.

                  (B)      Party A and the Guarantors have full knowledge and
                           agree that the checking account transactions contract
                           held with Party B, in the event the breach of
                           contracts or agreement made between Party A and Party
                           B, Party B thereby shall regard the debts to be fully
                           due; once such condition is released, the contract of
                           checking account transactions lost its effectiveness
                           thereupon. Party B shall use the remaining savings in
                           the checking account to make up and pay off the debts
                           from Party A to Party B. In the event Party A and the
                           Guarantors have other object(s) held by Party B,
                           Party B have the right on the claim to a lien or an
                           compensation.

<PAGE>

                  (C)      Implementation of the preceding Clauses to compensate
                           the debts implies the effectiveness of debt
                           cancellation upon compensating of debts from the bank
                           accounts. At the same time, the deposit receipts,
                           bankbooks, cheques, or any other vouchers, issued by
                           Party B to Party A, loses their effectiveness within
                           the range of the above-mentioned offsets. In the
                           event the cash amount from the settlement of the
                           guaranteed object is insufficient for the
                           compensation of the debts, the law shall in turn
                           handle it.

12.      In the event that Party A fails to repay the principal interest on time
         in accordance to the Agreement or upon the occurrence of the loss of
         right of paying in installments as described in Article 9 or 10, Party
         B shall regard it as a due debt in accordance to the Agreement
         regardless to the nature of the debt affair. Party B shall have the
         mortgage rights of the Agreement as well as various documents of the
         Party A partially or wholly preserved by Party B to a third party at
         any time. In the event that the transference or the mortgage of the
         obligatory right requires both the cooperation of Party A and the
         Guarantor, Party A and the Guarantors shall proceed pertaining to the
         demand upon receiving a notice from Party B without any objection.

13.      In the event the cheques, bills and written acknowledgement of
         indebtedness that have already been affixed, endorsed or cashed in by
         Party A has been destroyed due to unforeseeable circumstances, or has
         been subjected to forgery, Party B shall not be deemed as liable upon
         the identification of errors in the documents through the verification
         with the original copies held by Party A. Party B shall always have
         more than one copy of the original documents. Party B shall always make
         reasonable due effort to pay all the due debts when they are due;
         including any expenses, penalties and interests incurred and shall bear
         responsibilities once a delay in paying off of debt occurred. Party B
         shall always supply the due bills, loan certificates, etc, prior to the
         expiry date of the Agreement.

14.      The Guarantors involved shall make verification that Party B is able to
         request payment from the Guarantors without compensation on the debts
         of the bond.

15.      In the event the residential or the business address of either Party A,
         B and the Guarantors have been changed, Party A, B and the Guarantor
         should deliver a written notices or any message deliverance method
         agreed by the involving parties. Should either of the party failed to
         inform any other involving parties of such changes, a failure of
         deliverance of any relating documents, regardless of it being received
         by the intended receiver or not, will be regarded as received, which
         could cause interference in the involving parties concerned.

16.      Any individual who holds Party A's bond receipts, certificate of
         possession provided by Party B and the original seals of Party A is
         seen as the agent of Party A, and upon presentation to Party B, for
         retrieval or replacement. Party B shall vehemently agree.

17.      The Guarantors, along with Party A, shall be jointly held liable to all
         debt affair incurred in the middle of the Agreement in accordance with
         Article 272 of the Civil Laws.

18.      In the event that Party A and the Guarantors violated any provisions of
         the Agreement, Party A

<PAGE>

         and the Guarantors shall bore all the charges, including the attorney's
         fee and necessary expenses incurred by Party B, upon court action
         intervention resulting in lawsuits. Party A and the Guarantors are only
         exempted if Party B failed in the lawsuit.

19.      Upon the total payment of the debt of Party A by the Guarantors, the
         rights to the possession of the bonds shall be passed to the Guarantors
         by the order of the law. In such cases, Party A may not have any
         objections.

20.      The guaranteed object provided by Party A shall be obligated to Party B
         as the mortgagee. In addition, Party A shall claim for adding special
         article(s) for such mortgage on an insurance policy, acquire
         appropriate fire insurance or other insurance packages requested by
         Party B (e.g., credit insurance, etc.). Shall Party A delay in such
         insurance applications, Party B shall insure the said insurance on
         behalf of Party A. All advanced premiums incurred therefrom, shall be
         borne by Party A and reimbursed to Party B at once. Party B shall not
         bear the liability for such insurance and premiums. In the event when
         the guaranteed object is damaged and that related insurance companies
         shall reject or delay to compensate or cut short of the reimbursement
         by any reasons, Party A shall be liable for immediate repayment of the
         principal and interests of the debts, deferred interests, default
         penalties and all kinds of expenses incurred, or provide another
         guaranteed object, which is approved by Party B, without delay or using
         the incident of the accidental loss or damage as an excuse in avoiding
         responsibilities.

21.      In the event Party B decided that the Guarantors has a credibility
         problem based on a concrete evidence (or upon any occurrence of Party
         A's loss of right to pay in installments prescribed in preceding
         Articles 9 or 10) and deemed that it be necessary to add or replace the
         Guarantors, a written notice should be written to Party A. The
         Guarantor may be relieved of his/her duty either partially or wholly
         once a new guarantor has been found and has signed on the Guarantor's
         Agreement or upon mutual agreement with other guarantors. However,
         should the new guarantor who has undertaken the contract be not
         responsible and has credibility problem, he/she should still be liable
         for the responsibilities to pay off all the debt of Party A prior to
         replacement. Only upon payment of all debts or through replacement can
         a guarantor be relieved of his duties and responsibilities.

22.      Prior to the due payment of debts, should Party A think it be necessary
         to extend the payment date or pay the debt through installment, a
         written notice should immediately be submitted to the Guarantors. Upon
         receipt of the notice, the Guarantors shall agree to continue the
         agreed duty as mentioned in this Agreement.

23.      The Guarantors agrees that whoever right of claims (within the limits
         of the succeeding original rights of Party B) and rights of subrogation
         obtained through partial repayment of debts of Party A shall be
         secondary to the Party B's right of residual claim.

24.      In the event that Party A fails to perform the stated responsibilities
         in this Agreement, the Guarantors or any third party may take on the
         repayment of debts on the behalf of Party A.

<PAGE>

         Should such cases arise, Party A shall make an agreement that Party B
         has provided mortgaged vehicle certificates and the related data of the
         Guarantors or the third party who may take the place of Party A, i.e.,
         the right of subrogation, repayment of debts. Party A shall not have
         any objections.

25.      Party A and the Guarantors authorize Party B hereby to record the date
         of the debt incurred on this Agreement; in addition, in the event of
         any occurrence of loss of right to pay in installments prescribed in
         preceding Articles 9 or 10, Party B shall fill out the due date(s) on
         another attached cheque(s) and shall be exempted from the notification
         liability in accordance with Article 89 of the Code of Negotiable
         Instrument, with the current Agreement as the certificate of
         empowerment. Party A and the Guarantors shall not have any objections.

26.      In witness whereof, both Parties have hereunto made this Agreement in
         two copies, each Party shall hold an original copy and each Guarantor
         shall hold one duplicate copy of the Agreement for record.

27.      In case of any disputes arising from this Agreement, both Parties agree
         that the case shall be subjected to the jurisdiction of Taipei District
         Court / Panchiao District Court as the court of first instance. The
         above occurrence may however be applicable to the consumer and the
         small claim court in accordance with Article 47 of the Consumer
         Protection Law or Article 436-9 of the Code of Civil Procedure.

28.      Party A and the Guarantors shall agree for Party B to provide the
         dealing data between both Parties and the Guarantors to the Bank and
         Joint Credit Information Center. In the event that such dealing data
         provided by Party B contains incorrect data, Party B shall voluntarily
         correct and restore the data.

         Party B shall utilize the individual information provided by Party A
         and the Guarantors within the range of performing the objectives of
         this Agreement.

         Party B shall deal with the preceding personal information by computer
         process in accordance with the "Law of Protection of Personal
         Information Process by Computer" and related regulations.

29.      Party B shall commission an agency to perform receivables on demand in
         the event of Party A's failure to repay the principal and the interests
         on schedules in accordance with this Agreement or upon any occurrence
         of loss of right to pay in installments prescribed in Articles 2 or 3
         of "Other Agreed Clauses".

30.      In the event shall Party A holds further inquiries about this
         Agreement, Party A may directly contact the customer service
         information of Party B at:

Tel: 02-2381-2160

Website: http://www.macotobank.com.tw)

         Party A and the Guarantors have full knowledge of and agree with the
         entire content of this Agreement on March 6, 2003, with signature and
         seal:

<PAGE>

(The signatures and seals of the Borrower and the respective Guarantor(s) are
attached on the reverse page)

(continued on the reverse page)

<TABLE>
<CAPTION>
          SIGNATURES AND SEALS OF PARTY A AND JOINT GUARANTORS          GUARANTIES CONFIRMED
                                                                        OR VERIFIED BY (SEALS)
---------------------------------------------------------------------   ---------------------
<S>                                                                     <C>
Kid Castle Internet Technologies Corporation                              (sealed)
Date: March 6, 2003
Location: 8th Floor, 98 Ming Chuan Road, Hsintien City, Taipei County

Wang, Kuo-An                                                            (sealed)
Date: March 6, 2003
Location: (same as above)

Chiu, Yu-En                                                             (sealed)
Date: March 6, 2003
Location: (same as above)

(Intentionally blank)                                                   (Intentionally Blank)
Date: (Intentionally blank)
Location: (Intentionally blank)

(Intentionally blank)                                                   (Intentionally Blank)
Date: (Intentionally blank)
Location: (Intentionally blank)
</TABLE>

This Agreement is made by Kid Castle Internet Technologies Corporation

     Party A (the Borrower)   : Wang, Kuo-An
     Business Uniform No.     : 70676630
     Address                  : 1st floor, 148 Chien Kuo Road, Hsintien City

     Party B (the Claimant)   : MOCOTO BANK
     The Chairman             : Lin, Cheng-Yi
     Right Representative     : MOCOTO BANK, Dan Feng Branch
                                Manager - Chang, Chih-Tsun
     Address                  : 665 Chung Cheng Road, Hsin Chuang City

     Joint Guarantor          : Wang, Kuo-An
     ID No.                   : A121216965
     Address                  : 8th Floor, 156 Chien Kuo Road, Hsintien City

     Guarantor                : Chiu, Yu-En
     ID No.                   : A121216698

<PAGE>

Address             : 5th floor, No. 5, Lane 75, Ningpo West Street, Taipei City

Guarantor           : (Intentionally blank)
ID No.              : (Intentionally blank)
Address             : (Intentionally blank)

Guarantor           : (Intentionally blank)
ID No.              : (Intentionally blank)
Address             : (Intentionally blank)

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