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EXHIBIT 10.1

                           ENGLISH LANGUAGE SUMMARY OF
                             JOINT VENTURE AGREEMENT
                                 BY AND BETWEEN
              TIANJIN FOREIGN ENTERPRISES & EXPERTS SERVICE CORP.,
                                       AND
              KID CASTLE EDUCATIONAL SOFTWARE DEVELOPMENT CO., LTD.

[ENGLISH LANGUAGE SUMMARY OF ORIGINAL AGREEMENT WHICH IS IN SIMPLIFIED CHINESE]

The Joint Venture Agreement (the "JV Agreement") was entered into by and between
Tianjin Foreign Enterprises & Experts Service Corp. of Tianjin City, China
("Party A"), and Kid Castle Educational Software Development Co., Ltd. ("Party
B") on April 1, 2004 for the purpose of forming a joint venture company called
Tianjin Kid Castle Educational Investment Consulting Co., Ltd. under the laws of
the People's Republic of China (the "JV").

The JV Agreement provides that the JV will have a total capitalization and
registered capital of RMB$ 1 million. Party A will contribute RMB$ 500,000 in
cash for 50% of the capital stock, and Party B will contribute RMB$ 500,000 in
cash for the other 50% of the capital stock. Each party shall have the right to
transfer 10% of the capital stock held by it to third parties. Otherwise, the
transfer of all or part of the capital stock of the JV to any third party
requires the written consent from the other party, and the other party shall
have the right of first refusal to purchase such capital stock from the selling
party. The approval of the appropriate government authorities is also required
for the transfer.

The scope of business to be conducted by the JV includes: education
administrative, training and advisory services; advise on corporate image,
marketing planning, brand management consulting, retail of children educational
products; and wholesale and retail of electronic publications. Subject to the
applicable laws, the JV may, in accordance with its needs, establish another
business entity or educational institution who has same or similar business
scope as JV.

Under the JV Agreement, the JV will be established by April 30, 2004 and have an
office in Tianjin, China. Party A shall be responsible for reporting and
applying with appropriate government authorities for approval of the JV;
obtaining the business license for all of JV's business scope; coordinating the
relationship between JV and relevant educational departments; assisting the
development of the conditions for establishing schools; preparing educational
equipments; faculty and staff recruiting; and assisting JV to manage other
relevant matters. Party B is responsible for creating business relationship
between JV and Party B; providing JV education information and teaching
materials and developing concepts for Kid Castle's children English education
programs and material; training of management, technical and teaching staff of
JV; advising internal control and marketing of JV; recruiting of overseas staff,
foreign professionals and faculty; recommending prospective management and
technical personnel and other required personnel; and drafting all legal
documents required for incorporation of JV. Party B will also provide advisory,
production and other services pursuant to an agreement entered into
simultaneously with the JV Agreement.

During the first year of the establishment of the JV, Party A agrees that all
the kindergartens and schools established by Party A and its affiliates in
Tianjin area shall execute consulting agreement with the JV pursuant to which JV
will provide consulting and advisory services in relation to educational
management,

Exhibit 10.1- 1

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and charge consulting fees based on certain percentage of tuition income earned
by such kindergarten and schools. Party B shall ensure that, within one year
from JV's incorporation, the JV is capable of providing consulting and advisory
services to such kindergartens and schools and by then the JV will take over the
business of providing consulting and advisory services in accordance with the JV
Agreement.

The JV Agreement reserves certain significant matters for determination by the
shareholders. Resolution adopted by two-thirds or more of the shareholders is
required for the merger or spin-off of the JV, termination or dissolution of the
JV, change of the business entity of the JV, change of the duration of the JV,
reorganization of the JV, loans, deciding on or disposing of guaranties in favor
of the JV, deciding on whether to provide guaranties to third party, approval
for the bonus plan and share holding plan for the JV's superior management
personnel, and other material matters required to be decided by the
shareholders' meetings. The board of the JV shall consist of 5 directors, of
which 2 shall be appointed by Party A and 3 shall be appointed by Party B. The
term of each of the directors shall be 3 years. Unanimous board approval is
required for the merger, spin off or reorganization of the JV, termination or
dissolution of the JV and any issuance of shares or other securities by the JV.
The chairman of the board shall be appointed by Party B and the vice chairman of
the board shall be appointed by Party A.

The duration of the JV shall be 10 years. Within the 6-month period prior to the
expiration date of the JV, if either party wishes to continue the business
contemplated by the JV, the other party shall have a right of first refusal to
enter to an agreement with such party under the same terms and conditions of the
JV Agreement.

The JV Agreement also contains provisions with respect to other obligations of
the parties to each other and the JV, matters that require approval by the
shareholders' meeting and the board, the duties and powers of the supervisors
and management of the JV, labor administration, taxation and accounting
procedures, procedures for dissolving and liquidating the JV, assets management
after the dissolution and liquidation of the JV, insurance and duties of
fiduciary and loyalty of directors and officers, amendment to the JV Agreement
and liabilities for breaches of the JV Agreement, force majeure, governing law
and other miscellaneous matters.

The articles of association adopted by the JV have substantially the same
provisions as in the JV Agreement.

Exhibit 10.1- 2<PAGE>

EXHIBIT 10.2

                           ENGLISH LANGUAGE SUMMARY OF
                             JOINT VENTURE AGREEMENT
                                 BY AND BETWEEN

                LANBEISI EDUCATION & CULTURE INDUSTRIAL CO., LTD,

            SICHUAN PROVINCE EDUCATION INSTITUTIONAL SERVICE CENTER,
                                       AND
              KID CASTLE EDUCATIONAL SOFTWARE DEVELOPMENT CO., LTD.

     [ENGLISH LANGUAGE SUMMARY OF ORIGINAL AGREEMENT WHICH IS IN SIMPLIFIED
                                    CHINESE]

The Joint Venture Agreement (the "JV Agreement") was entered into by and between
LANBEISI Education & Culture Industrial Co., Ltd, in Sichuan Province, People's
Republic of China ("PRC")("Party A"), Sichuan Province Education Institutional
Service Center, in Sichuan Province, PRC ("Party B") and Kid Castle Educational
Software Development Co., Ltd. ("Party C") on April 28, 2004 for the purpose of
forming a joint venture company called Sichuan LANBEISI Kid Castle Education
Development Co., Ltd. under the laws of the PRC (the "JV").

The JV Agreement provides that the JV will have a total capitalization and
registered capital of RMB$ 800,000. Party A will contribute RMB$ 360,000 in cash
for 45% of the capital stock, Party B will contribute RMB$ 80,000 in cash for
10% of the capital stock, and Party C will contribute RMB$ 360,000 in cash for
the other 45% of the capital stock. Each party may transfer all or part of its
capital stock of the JV to the other parties. The transfer of all or part of the
capital stock of the JV to any third party requires the consent of a majority of
all parties. The other parties shall have the right of first refusal to purchase
the capital stock of such approved transfer from the selling party. Any
dissenting party shall be required to purchase the capital stock proposed to be
transferred; otherwise, such party shall be deemed to consent to such transfer.
The approval of the appropriate government authorities is also required for the
transfer.

The scope of business to be conducted by the JV includes: education
administrative, training and advisory services; advise on corporate image,
marketing planning, brand management consulting, retail of children educational
products; and wholesale and retail of electronic publications. Subject to the
applicable laws, the JV may, in accordance with its needs, establish another
business entity or educational institution who has same or similar business
scope as JV.

Under the JV Agreement, the JV will be established by May 31, 2004 and have an
office in Chengdu City, Sichuan, PRC. Party A shall be responsible for reporting
and applying with appropriate government authorities for approval of the JV;
obtaining the business license for all of JV's business scope; providing a place
in Chengdu city, Sichuan, PRC for lease to the JV to establish schools;
remitting capital and handling other relevant procedures for establishing new
corporation; not selling, leasing or dispose the place leasing to the JV as
guaranty to others; applying with governmental authorities and obtaining license
for the JV in relation to publication; applying with governmental authorities
and obtaining approvals of educational investment and establishing schools, and
entitling the JV to benefit from tax deduction and relevant benefit policy;
coordinating the relationship between JV and relevant educational departments;
assisting the development of the conditions for establishing schools; preparing
educational equipments; faculty and staff recruiting; assisting the staff of the
JV outside PRC to deal with matters in relations to work permit, visa and other
relevant procedures, and assisting JV to manage other relevant

Exhibit 10.2- 1

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matters. Party B is responsible for utilizing its sources and advantage, to the
extent permitted by laws, to assist the JV to develop its business and
coordinating the relationships between JV and relevant educational department.
Party C is responsible for creating business relationship between JV and Party
C; providing JV education information and teaching materials and concepts of Kid
Castle's children English education; training of management, technical and
teaching staff of JV; advising internal control and marketing of JV; recruiting
of overseas staff, foreign professionals and faculty; recommending prospective
management and technical personnel and other required personnel; and drafting
all legal documents required for incorporation of JV. Party C will also provide
advisory, production and other services pursuant to an agreement entered into
simultaneously with the JV Agreement.

The JV Agreement reserves certain significant matters for determination by the
shareholders. Resolution adopted by two-thirds or more of the shareholders is
required for the merger or spin off of the JV, termination or dissolution of the
JV, change of the business entity of the JV, change of the duration of the JV,
reorganization of the JV, loans, deciding on or disposing of the guaranties in
favor of the JV, deciding on whether to provide guaranties to third party,
approval for the bonus plan and share holding plan for the JV's superior
management personnel, and other material matters required to be decided by the
shareholders' meetings. The board of the JV shall consist of 7 directors, of
which 2 (including the chairman of the board) shall be appointed by Party A, 1
shall be appointed by Party B and 4 shall be appointed by Party C. Unanimous
board approval is required for the merger, spin off or reorganization of the JV,
termination or dissolution of the JV and any issuance of shares or other
securities by the JV.

The duration of the JV shall be 10 years. Within the 6-month period prior to the
expiration date of the JV, if either party wishes to continue the business
contemplated by the JV, the other party shall have a right of first refusal to
enter to an agreement with such party under the same terms and conditions of the
JV Agreement.

The JV Agreement also contains provisions with respect to other obligations of
the parties to each other and the JV, matters that require approval by the
shareholders' meeting and the board, the duties and powers of the supervisors
and management of the JV, labor administration, taxation and accounting
procedures, procedures for dissolving and liquidating the JV, assets management
after the dissolution and liquidation of the JV, insurance and duties of
fiduciary and loyalty of directors and officers, amendment to the JV Agreement
and liabilities for breaches of the JV Agreement, force majeure, governing law
and other miscellaneous matters.

The articles of association adopted by the JV have substantially the same
provisions as in the JV Agreement.

Exhibit 10.2- 2

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