Document:

Unassociated Document

    Management
      Entrustment Agreement

    

    This
      Agreement is made and entered into on December 3,
      2007 in
      Yiyang City, Jiangxi Province ,China, by and between the following
      parties:

    

    Party
      A:Jiangxi
      Yiyang Fuda Copper Co., Ltd.

    Registered
      business address: Gejiaba, Huating Town, Yiyang County

    

    Party
      B:
Jiangxi
      Morgan Star Copper Technology Co., Ltd.

    Registered
      business address: Fengze Mall, Guangchang Road, Yijiang Town, Yiyang County,
      Jiangxi Province.

    

    WHEREAS:

    

    1.
      Party
      A is a joint stock limited company registered in Yiyang, Jiangxi Province,
      and
      legally existing to date. The number of its business license is 3623262000077.

    2.
      Party
      B is a foreign investment enterprise incorporated and registered in Shangrao
      City,
      Jiangxi Province, People’s Republic of China, and legally existing to date. The
      number of its business license is 361100510000102.

    3.
      In
      order to let Party B have actual control of Party A and realize the
      consolidation of financial statements, Party A intends to irrevocably entrust
      to
      Party B for its management the right of operation management of Party A and
      the
      responsibilities and authorities of the investor and the executive director
      of
      Party A.

    4.
      Party
      B agrees to accept the entrustment of Party A, and to exercise the right of
      operation management of Party A and the responsibilities and authorities of
      the
      investor and the executive director of Party A.

    5.
      Party
      A has obtained the approval of its investor to enter into this Agreement. The
      investor also has issued the commitment letter of competing industry
      prohibition.

    

    NOW,
      THEREFORE, through friendly consultation, under the principle of equality and
      mutual benefits, in accordance with the relevant laws and regulations of the
      People’s Republic of China, the parties agree to enter into this Agreement and
      to be bound with the terms and conditions as follows:

    

    Article
      1
      Entrusted Operation

    

    
      	
              1.1

            	
              Party
                A agrees to irrevocably entrust the right of operation management
                of Party
                A and the responsibilities and authorities of Party A’s investor and the
                executive director to Party B in accordance with the terms and conditions
                of this Agreement. Party B agrees to exercise the aforesaid rights
                and
                responsibilities in accordance with the terms and conditions of this
                Agreement.

            

    

    
      	
              1.2

            	
              The
                term of the entrusted operation is from the effective date of this
                Agreement to the earliest date of the following:
                

            

    

    
      	 	
              1)

            	
              The
                termination date of Party A’s business;
                or

            

    

    
      	 	
              2)

            	
              The
                termination date of the entrusted operation as agreed upon by the
                parties
                under this Agreement; or

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	 	
              3)

            	
              The
                date on which Party B possesses more than 51% of Party A’s
                shares.

            

    

    
      	
              1.3

            	
              The
                purpose of the entrusted operation is: Party B shall be in charge
                of the
                normal business operations of Party A and perform the responsibilities
                and
                rights of Party A’s investor and the executive director, and Party A shall
                pay its profit (if any) to Party B and Party B shall be responsible
                to
                Party A’s loss (if any). During the term of the entrusted operation, Party
                B, as the entrusted manager, shall provide full management to Party
                A’s
                operations.

            

    

    
      	
              1.4

            	
              The
                contents of the entrusted operation shall include but not limited
                to the
                following:

            

    

    
      	 	
              1)

            	
              Party
                B shall be in charge of all aspects of Party A’s operations; nominate and
                replace the members of Party A’s executive director, engage Party A’s
                management staff and decide their compensation.

            

    

    
      	 	
              2)

            	
              Party
                B shall manage and control all the funds of Party A. The account
                of Party
                A shall be managed and decided solely by Party B. The seals and signatures
                for such account shall be the seals and signatures of the personnel
                appointed and confirmed by Party B. All the cash of Party A shall
                be kept
                in this entrusted account shall be handled through this account,
                including
                but not limited to receipt of all Party A’s business income, current
                working capital, recovered account receivables, etc., and the payment
                of
                all account payables and operation expenses, employee salaries and
                asset
                purchases, etc.

            

    

    
      	 	
              3)

            	
              All
                the matters of Party A, including internal financial management,
                day-to-day operation, external contact execution and performance,
                tax
                filing and payment, change of rights and personnel, etc., shall be
                controlled and managed by Party B in all
                aspects.

            

    

    
      	 	
              4)

            	
              Party
                B shall enjoy all the other responsibilities and rights enjoyed by
                Party
                A’s investor in accordance with the Company Law and the articles of
                association of Party A, including but not limited to the
                following:

            

    

    
      	
            	a.	
              Deciding
                Party A’s operation principles and investment
                plan;

            

    

    
      	
            	b.	
              Nominating
                the executive director or the
                supervisor;

            

    

    
      	
            	c.	
              Discussing
                and approving the report of the executive director or the
                supervisor;

            

    

    
      	
            	d.	
              Discussing
                and approving the annual financial budget and settlement
                plan;

            

    

    
      	
            	e.	
              Discussing
                and approving the profit distribution plan and the loss compensation
                plan;

            

    

    
      	
            	f.	
              Resolving
                on the increase or decrease of the registered
                capital;

            

    

    
      	
            	g.	
              Resolving
                on the issuance of the corporate
                bond;

            

    

    
      	
            	h.	
              Resolving
                on the matters including merger, division, change of corporate form,
                dissolution and liquidation of the
                company;

            

    

    
      	
            	i.	
              Amending
                the articles of association;

            

    

    
      	
            	j.	
              Other
                responsibilities and rights provided by Party A’s articles of association.
                

            

    

    
      	 	
              5)

            	
              Party
                B enjoys all the other responsibilities and rights enjoyed by Party
                A’s
                executive director in accordance with the Company Law and the articles
                of
                association of Party A, including but not limited to the
                following:

            

    

    
      	
            	a.	
              Executing
                the resolution of the investor;

            

    

    
      	
            	b.	
              Deciding
                the company’s operation plan and investment
                scheme;

            

    

    
      	
            	c.	
              Composing
                the annual financial budget and settlement
                plan;

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
            	d.	
              Formulating
                the profit distribution plan and the loss compensation
                plan;

            

    

    
      	
            	e.	
              Formulating
                the plans regarding to the increase or decrease of the registered
                capital
                and the issuance of the corporate
                bond;

            

    

    
      	
            	f.	
              Formulating
                the plans regarding to the matters including merger, division, change
                of
                corporate form and dissolution of the
                company;

            

    

    
      	
            	g.	
              Deciding
                on the establishment of the internal management structure of the
                company;

            

    

    
      	
            	h.	
              Formulating
                the basic rules and regulations of the
                company;

            

    

    
      	
            	i.	
              Representing
                the company to sign relative
                documents;

            

    

    
      	
            	j.	
              Other
                responsibilities and rights provided by Party A’s articles of association
                

            

    

    
      	 	
              6)

            	
              The
                said entrustment is irrevocable and shall not be withdrawn, unless
                the
                Agreement is terminated.

            

    

    
      	
              1.5

            	
              The
                Fee of Entrusted Operation: For the performance of the entrusted
                matters
                provided under this Agreement, Party A shall pay an entrustment fee
                to
                Party B, which shall be Party A’s total profit (if any) after deduction of
                necessary expenses. Party A shall transfer the payment, which is
                obtained
                by selling its equipments, inventories, raw materials, semi-products,
                accounts receivable and by renting its real estates, land use right,
                to
                Party B as the entrusted fee. If the net amount is zero or negative
                after
                the aforesaid calculation, Party A shall not pay any entrustment
                fee, and
                the loss of the given month shall be deducted in the following months’
                entrustment fee. Party A and Party B shall calculate and settle each
                month’s entrustment fee payable by Party A within 10 days after the end
                of
                that month.

            

    

    
      	
              1.6

            	
              The
                Assumption of the Entrustment Risk: Party B shall assume all the
                operation
                risks in association with the management of Party A entrusted to
                it. Party
                B shall be responsible for any loss incurred to Party A’s operation. If
                Party A’s cash is not enough to pay its debt, Party B is liable to pay the
                debt; if the loss leads to a net asset less than the registered capital,
                Party B shall be liable to make up for the
                deficiency.

            

    

    

    Article
      2
      Rights and Obligations of the Parties

    

    
      	2.1	
              During
                the term of the entrusted operation, the rights and obligations of
                Party A
                shall include:

            

    

    
      	 	
              1)

            	
              After
                the execution of this Agreement, the management of Party A shall
                be handed
                over to Party B. Party A’s executive director shall, within 5 days after
                the effective date of this Agreement, deliver Party A’s seals and
                financial materials (including but not limited to balance sheet,
                profit
                and loss statement, cash flow statement and any attachments, relevant
                right certificates and other proprietary and operation documents)
                to Party
                B to ensure that Party B could exercise its operation management
                rights in
                all aspects after taking over the management of Party A and could
                set up
                financial records accordingly;

            

    

    
      	 	
              2)

            	
              During
                the term of the entrusted operation, without Party B’s consent, Party A
                and its investor and executive director shall not make any decision
                on
                Party A’s operations, and they shall not intervene with Party B’s
                entrusted management activities in any
                form;

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	 	
              3)

            	
              During
                the term of the entrusted operation, Party A’s executive director shall
                have the obligation to cooperate with Party B in accordance with
                Party B’s
                request to ensure the stability and consistency of the
                operation;

            

    

    
      	 	
              4)

            	
              To
                entrust the authorities of the investor and the executive director
                to
                Party B;

            

    

    
      	 	
              5)

            	
              To
                timely pay the entrustment fee to Party
                B;

            

    

    
      	 	
              6)

            	
              Without
                Party B’s consent, Party A shall not entrust any third party other than
                Party B in any form to manage Party A’s
                businesses;

            

    

    
      	 	
              7)

            	
              The
                executive director and investor of Party A shall issue necessary
                documents
                for the purpose of accomplishing the management by Party
                B;

            

    

    
      	 	
              8)

            	
              Party
                A shall not unilaterally early terminate this Agreement for any
                reason.

            

    

    
      	 	
              9)

            	
              Other
                rights and obligations of Party A provided under this Agreement.
                

            

    

    
      	2.2	
              During
                the term of the entrusted operation, the rights and obligations of
                Party B
                shall include:

            

    

    
      	 	
              1)

            	
              Party
                B shall enjoy independent and comprehensive management right over
                Party
                A’s operations;

            

    

    
      	 	
              2)

            	
              Party
                B shall have the right to adjust the organizational structure and
                the
                personnel placement of Party A based on the needs of the
                management;

            

    

    
      	 	
              3)

            	
              Party
                B shall have the right to dispose of all the assets on the books
                of Party
                A on the execution day of this Agreement, and Party can B dispose
                of any
                of the aforesaid assets without any prior consent of Party
                A;

            

    

    
      	 	
              4)

            	
              Party
                B shall be entitled to all of the Party A’s income after deducting
                necessary expenses.

            

    

    
      	 	
              5)

            	
              Party
                B shall has the right to invest in the projects of new products and
                technologies of Party A, also enjoys the profits from these projects
                in
                the future.

            

    

    
      	 	
              6)

            	
              Party
                B shall timely take over of Party
                A;

            

    

    
      	 	
              7)

            	
              Party
                B shall carry out all the responsibilities and rights entrusted to
                it
                under this Agreement in good faith and with honesty and trustworthiness,
                and shall pay reasonable attention to the entrusted matters and notify
                Party A timely of relevant matters;

            

    

    
      	 	
              8)

            	
              Party
                B shall act in good faith and consult with Party A in regards to
                the
                handling of matters not covered by this
                Agreement;

            

    

    
      	 	
              9)

            	
              Other
                obligations shall be performed by Party B under this Agreement.
                

            

    

    

    Article
      3
      Warranties and Representations

    

    Each
      party shall warrant and represent to the other party, on the execution day
      of
      this Agreement, that:

    
      	1)	
              Each
                party shall have the right to enter into this Agreement, and the
                ability
                to perform this Agreement;

            

    

    
      	2)	
              In
                order to execute and perform this Agreement, each party has gone
                through
                the necessary internal decision-making procedures and obtained the
                approval;

            

    

    
      	3)	
              Each
                party has duly authorized its representative to execute this
                Agreement;

            

    

    
      	4)	
              Each
                party shall not have any reason of its own that will encumber the
                effectiveness of this Agreement from the effective date and become
                binding
                on such party;

            

    

    
      	5)	
              The
                execution of this Agreement and the performance of the obligations
                hereunder will NOT:

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
            	a)	
              violate
                the business license, articles of association or any other similar
                documents of that party;

            

    

    
      	
            	b)	
              violate
                the laws and regulations of China or the government authorization
                or
                permit;

            

    

    
      	
            	c)	
              violate
                any other contracts or agreements to which that party is a party
                (or is
                bound), or lead to that party’s breach of contract under such contracts or
                agreements.

            

    

    

    Article
      4
      Effect of the Agreement

    

    This
      Agreement shall be valid upon the subscription of both parties’ legal
      representatives or duly authorized representatives and the affixture of both
      parties’ corporate seals.

    

    Article
      5
      Liability of Beach of the Agreement

    

    After
      the
      effectiveness of this Agreement, apart from the situation described in Article
      6
      of this Agreement, either party’s violation of any provisions under this
      Agreement shall constitute a breach of this Agreement and thus be liable to
      compensate the non-breaching party for any damages that may arise
      thereof.

    

    Article
      6
      Force Majeure

    

    Either
      party’s failure to perform the obligations or part of the obligations of this
      Agreement due to a force majeure event shall not be deemed as a breach of the
      agreement; however, the non-performing party shall timely provide effective
      evidence of the force majeure event to the other party, and the parties shall
      discuss a settlement plan through consultation.

    

    Article
      7
      The Governing Law

    

    The
      execution, effectiveness, interpretation, performance and dispute resolution
      of
      this Agreement shall be governed by the laws and regulations of
      China.

    

    Article
      8
      Dispute Resolution

    

    Any
      dispute arising under this Agreement shall be first settled by the parties
      through friendly consultation. If the dispute cannot be settled through
      consultation, either party is entitled to submit the dispute to the people’s
      court that has jurisdiction over the dispute .

    

    Article
      9
      Confidentiality 

    

    
      	
              9.1

            	
              The
                parties agree and shall cause their relevant personnel to keep strict
                confidence of all the terms and conditions of this Agreement and
                all the
                matters of the entrusted operation that have access to. They shall
                not
                disclose the aforesaid information to any third party unless it is
                required by the explicit provision of law, or the instruction of
                judicial
                or governmental agencies or with consent of the other party, otherwise,
                the disclosing party shall bear the relevant legal
                consequences.

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              9.2

            	
              The
                confidentiality obligation of the parties shall survive the termination
                of
                this Agreement.

            

    

    

    Article
      10 Severability of the Clauses

    

    
      	10.1	
              If
                any clause of this Agreement is invalidated or non-enforceable due
                to the
                provisions of laws or regulations, this clause is invalid while all
                other
                clauses shall remain in full force and effect and binding upon both
                parties.

            

    

    
      	10.2	
              In
                the event the aforesaid situation occurs, the parties shall, through
                friendly consultation, agree upon supplemental clause to replace
                the
                invalid clause at their earliest possible
                time.

            

    

    

    Article
      11 Non-waiver of Rights

    

    
      	11.1	
              If
                one party fails or delays to exercise a certain right provided under
                this
                Agreement, such failure or delay shall not constitute the waiver
                of such
                right by that party.

            

    

    
      	11.2	
              If
                one party fails to require the other party to perform a certain obligation
                provided under this Agreement, such failure shall not constitute
                the
                waiver by that party of the right to require the other party to perform
                at
                a later time.

            

    

    
      	11.3	
              If
                one party violates any clause of this Agreement and obtains a waiver
                of
                liability from the non-violating party, such waiver shall not constitute
                the waiver of liability by the non-violation party over the violations
                by
                the other party at a later time or of other clauses of this
                Agreement.

            

    

    

    Article
      12 No Transfer

    

    Unless
      otherwise provided in this Agreement, without the prior written consent of
      the
      other party, one party shall not transfer or entrust this Agreement or any
      right
      or obligation under this Agreement to a third party, nor shall one party provide
      any guarantee to a third party or do other similar things.

    

    Article
      13 Miscellaneous 

    

    
      	13.1	
              Any
                supplemental agreements entered into by the parties after the effective
                date of this Agreement shall be an effective part of this Agreement
                and
                have the same legal effect as this Agreement. If there is any discrepancy
                between the supplemental agreement and this Agreement, the supplemental
                agreement shall prevail.

            

    

    
      	13.2	
              This
                Agreement is written in Chinese This Agreement is executed in six
                official
                copies, each party shall have two official copies and the remaining
                shall
                be retained for the government procedure
                purpose.

            

    

    
      	13.3	
              IN
                WITNESS WHEREOF, the parties hereto have duly executed this Agreement
                on
                this date first above written.

            

    

    

    (NO
      CONTEXT BELOW) 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    (SIGNATURE
      PAGE)

    

    Party
      A:
Jiangxi
      Yiyang Fuda Copper Co., Ltd.

    

    Legal
      representative: /s/ Wu Yiting

    

    Party
      B:
      Jiangxi Morgan Star Copper Technology Co., Ltd.

    

    Authorized
      representative: /s/ Wu Yiting

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Statement

    

    I
      agree
      that Jiangxi
      Yiyang Fuda Copper Co., Ltd. signs
      the
      Management Entrustment Agreement with Jiangxi Morgan Star Copper Technology
      Co.,
      Ltd., which irrevocably entrusts Jiangxi Morgan Star Copper Technology Co.,
      Ltd.
      for its management the right of operation management of Jiangxi
      Yiyang Fuda Copper Co., Ltd. and the right from me according to the laws and
      the
      company’s charter.

    

    Stated
      by
      : /s/ Wu Yiting

    Wu
      Yiting

    2007-12-03Unassociated Document

    EXCLUSIVE
      OPTION AGREEMENT 

     

    This
      Exclusive Option Agreement (the “Agreement”) is entered into as of December 3,
      2007 between the following parties in Yiyang, Jiangxi Province.

     

    
      	
              Party A:

            	
              Jiangxi
                Morgen Star Copper Technology Co., Ltd.

            
	
               

            	
              Registered
                Address: Fengze Mall, Guangchang Road, Yijiang Town, Yiyang County,
                Jiangxi Province.

            
	 	 
	
              Party B:

            	
              Wu
                Yiting

            
	
               

            	
              A
                citizen of PRC, Identity Card Number:
                362326196305220049

            
	 	 
	
              Party C:

            	
              Jiangxi
                Yiyang Fuda Copper Co., Ltd

            
	
               

            	
              Registered
                Address: Gejiaba, Huating Town, Yiyang
                County.

            

    

     

    WHEREAS:
      

     

    
      	
              1.

            	
              Party
                A is a wholly foreign-owned enterprise incorporated under the laws
                of the
                People’s Republic of China (the “PRC”), which was registered at
                Administration of Industry and Commerce Bureau of Shangrao, in Jiangxi
                Province, and the registered number is 361100510000102.

            
	 	 
	
              2.

            	
              Party
                C is a liability limited company which was registered at Administration
                of
                Industry and Commerce Bureau of Yiyang, and the registered number
                is
                3623262000077. It legally exists hitherto 

            
	 	 
	
              3.

            	
              As
                of the date of this Agreement Party B is the sole shareholder of
                Party C,
                and legally hold the 100% equity interest of Party
                C.

            

    

     

    NOW,
      THEREFORE,
      the
      Parties through mutual negotiations hereby enter into this Agreement according
      to the following terms and conditions:

     

    
      	
              1.

            	
              THE
                GRANT AND EXERCISE OF PURCHASE
                OPTION

            

    

     

    
      	 	
              1.1

            	
              Grant:
                Each Party B, C hereby grants Party A an irrevocable exclusive purchase
                option. Party A has right to purchase all or part of the shares of
                Party C
                currently owned by Party B (the “Object Shares”), or to purchase the real
                estates and land use rights situate at #93, Dongzhan Road and Gejiaping
                Huating Town, which currently owned by Party C (The land use rights
                and
                the real estates were mortgaged) (the “Object Assets”), or increase the
                investment until Party A holds 49% shares (When laws, regulations
                or
                policies of P.R.C permitted, the investment would be increased up
                to 100%)
                of Party C (the “Increasing Investment”). This purchase option is
                irrevocable and shall be exercised only by Party A (or the qualified
                persons appointed by Party A). The term “person” used herein shall include
                any entity, corporation, partnership, joint venture and non-corporate
                organizations.

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	 	
              1.2

            	
              Exercise
                Procedures:

            

    

    
      	 	
              1.2.1

            	
              Party
                A shall notify Parties B, C in writing prior to exercising its option
                (the
                “Option Notice” hereinafter).

            

    

    
      	 	
              1.2.2

            	
              The
                next day upon receipt of the Option Notice, Parties B, C together
                with
                party A (or the qualified person appointed by Party A), shall promptly
                compile a whole set of documents (the “Transfer Documents”) to be
                submitted to the government bodies for approving the object shares
                or
                object assets transfer or increasing investment in connection with
                the
                Option exercise so that the shares or assets transfer can be transferred
                or investment can be increased, in whole or in
                part.

            

    

    
      	 	
              1.2.3

            	
              Upon
                the completion of the compilation of all the Transfer Documents and
                the
                Transfer Documents being confirmed by Party A, Parties B, C shall
                promptly
                and unconditionally obtain, together with Party A (or the qualified
                person
                appointed by Party A), all approvals, permissions, registrations,
                documents and other necessary approvals to effectuate the transfer
                of the
                object shares and object assets or increasing investment in connection
                with the Option exercise. 

            

    

    
      	 	
              1.3

            	
              Exercise
                Condition: Party A could exercise the optional purchase right to
                purchase
                object shares and object assets or increase investment, at any time
                when
                Party A considers it is necessary and
                feasible.

            

    

    
    

     

    
      	
              2、

            	
              Price
                of Option

            

    

    

    Party
      A
      shall purchase the
      object
      shares and object assets
      or
      increase investment at a price agreed by all parties. When laws, regulations
      or
      policies of P.R.C require these assets to be appraised, the purchase or
      increasing investment price shall be the appraisal price. Any consideration
      obtained by Party B and Party C
      shall be
      1) returned to Party A for operation in accordance with the Entrusted Agreement,
      or 2) paid back to Party A in any other ways. Party B.C shall execute any
      related agreements or letters of undertaking that is necessary to pay back
      such
      consideration. Party A has the discretion to decide the time and arrangement
      of
      the acquisition, provided that the acquisition will not violate any PRC laws
      or
      regulations then in effect.

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    

    
      	
              3.

            	
              REPRESENTATIONS
                AND WARRANTIES

            

    

    

    
      	
               

            	
              3.1

            	
              Each
                party hereto represents to the other parties that: 1) it has all
                the
                necessary rights, powers and authorizations to enter into this Agreement
                and perform its duties and obligations hereunder; and 2) the execution
                or
                performance of this Agreement shall not violate any significant contract
                or agreement to which it is a party or by which it or its assets
                are
                bounded.

            
	 	 	 
	
               

            	
              3.2

            	
              Party
                B hereto represent to Party A that: 1) they are legally registered
                shareholders of party C and have paid Party C the full amount of
                their
                respective portions of Party C's registered capital required under
                the PRC
                laws; 2) Party B has not mortgaged or pledged her shares of Party
                C, nor
                has granted any security interest or borrow against her shares of
                Party C
                in any form except <Shares Pledge Agreement>; and 3) Party B has not
                sold or will sell to any third party its equity interests in Party
                C.

            
	 	 	 
	
               

            	
              3.3

            	
              Party
                C hereto represents to Party A that: 1) it is a limited liability
                company
                duly registered and validly existing under the PRC law; and 2) its
                business operations are in compliance with applicable laws of the
                PRC in
                all material aspects.

            

    

    

    
      	
              4.

            	
              COVENANTS

            

    

    

    The
      Parties further agree as follows:

    

    
      	
               

            	
              4.1

            	
              Before
                Party A has acquired all the equity/assets of Party C or increased
                investment by exercising the purchase option provided hereunder,
                Party C
                shall not:

            

    

    

    
      	
               

            	
              4.1.1

            	
              sell,
                assign, mortgage or otherwise dispose of, or create any encumbrance
                on,
                any of its assets, operations or any legal or beneficiary interests
                with
                respect to its revenues (unless such sale, assignment, mortgage,
                disposal
                or encumbrance is relating to its daily operation or has been disclosed
                to
                and agreed upon by Party A in writing);

            
	 	 	 
	
               

            	
              4.1.2

            	
              enter
                into any transaction which may materially affect its assets, liability,
                operation, shareholders’ equity or other legal rights (unless such
                transaction is relating to its daily operation or has been disclosed
                to
                and agreed upon by Party A in writing); and

            
	 	 	 
	
               

            	
              4.1.3

            	
              distribute
                any dividend to Party B in any
                manner.

            

    

    

    
      	
               

            	
              4.2

            	
              Before
                Party A has acquired all the equity/assets of Party C or increased
                investment by exercising the purchase option provided hereunder,
                Party B
                shall not individually or
                collectively:

            

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

      
        	
                 

              	
                4.2.1

              	
                supplement,
                  alter or amend the articles of association of Party C in any manner
                  to the
                  extent that such supplement, alteration or amendment may have a
                  material
                  effect on Party C's assets, liability, operation, shareholders’ equity or
                  other legal rights;

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                4.2.2

              	
                cause
                  Party C to enter into any transaction to the extent such transaction
                  may
                  have a material effect on Party C's assets, liability, operation,
                  shareholders’ equity or other legal rights (unless such transaction is
                  relating to Party C's daily operation or has been disclosed to
                  and agreed
                  upon by Party A in writing);
                  and

              

      

    

     

    
      	
               

            	
              4.3

            	
              Party
                B shall entrust Party C to Party A for management in accordance with
                Trusteeship Agreement. 

            

    

    

    
      	
               5.

            	
              ASSIGNMENT
                OF AGREEMENT

            

    

     

    
      	
               

            	
              5.1

            	
              Each
                of Party B and Party C shall not transfer their rights and obligations
                under this Agreement to any third party without the prior written
                consent
                of the Party A. 

            
	 	 	 
	
               

            	
              5.2

            	
              Each
                of Party B and Party C hereby agrees that Party A shall have the
                right to
                transfer all of its rights and obligation under this Agreement to
                any
                third party whenever it desires. Any such transfer shall only be
                subject
                to a written notice sent to Party B and Party C by Party A, and no
                any
                further consent from Party B and Party C will be required.
                

            

    

     

    
      	
              6.

            	
              CONFIDENTIALITY

            

    

     

    The
      Parties acknowledge and confirm that any oral or written materials exchanged
      by
      the Parties in connection with this Agreement are confidential. The Parties
      shall maintain the secrecy and confidentiality of all such materials. Without
      the written approval by the other Parties, any Party shall not disclose to
      any
      third party any relevant materials, but the following circumstances shall be
      excluded: 

     

    
      	
               

            	
              a.

            	
              The
                materials are known or will be known by the public (except for any
                materials disclosed to the public by the Party who receives such
                materials); 

            

    

     

    
      	
               

            	
              b.

            	
              The
                materials are required to be disclosed under the applicable laws
                or the
                rules or provisions of stock exchange; or

            

    

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

    
      	
               

            	
              c.

            	
              The
                materials disclosed by each Party to its legal or financial consultant
                relate to the transaction contemplated under this Agreement, and
                such
                legal or financial consultant shall comply with the confidentiality
                set
                forth in this Section. The disclosure of the confidential materials
                by an
                employee of any Party shall be deemed disclosure of such materials
                by such
                Party, and such Party shall be liable for breaching the contract.
                This
                Article 6 shall survive this Agreement even if this Agreement is
                invalid,
                amended, revoked, terminated or unenforceable by any reason.
                

            

    

    

    
      	
              7.

            	
              BREACH
                OF CONTRACT

            

    

    

    
      	
               

            	 	
              Any
                violation of any provision hereof, any incomplete or mistaken performance
                of any obligation provided hereunder, any misrepresentation made
                hereunder, any material nondisclosure or omission of any material
                fact, or
                any failure to perform any covenants provided hereunder by any Party
                shall
                constitute a breach of this Agreement. The breaching Party shall
                be liable
                for any such breach pursuant to the applicable
                laws.

            

    

    

    
      	
              8.

            	
              APPLICABLE
                LAW AND DISPUTE RESOLUTION

            

    

     

    
      	
               

            	
              8.1

            	
              Applicable
                Law 

            

    

     

    The
      execution, validity, interpretation and performance of this Agreement and the
      disputes resolution under this Agreement shall be governed by the laws of PRC.
      

     

    
      	
               

            	
              8.2

            	
              Dispute
                Resolution 

            

    

     

    The
      parties shall strive to settle any dispute arising from the interpretation
      or
      performance of this Agreement through friendly consultation. In case no
      settlement can be reached through consultation within thirty (30) days after
      such dispute is raised, each party can submit such matter to China International
      Economic and Trade Arbitration Commission (the “CIETAC”) in accordance with its
      rules. The arbitration shall take place in Beijing. The arbitration award shall
      be final, conclusive and binding upon both parties. 

     

    
      	
              9.

            	
              EFFECTIVENESS
                AND TERMINATION

            

    

     

    
      	
               

            	
              9.1

            	
              This
                Agreement shall be effective upon the execution hereof by all Parties
                hereto and shall remain effective
                thereafter.

            

    

     

    
      	
               

            	
              9.2

            	
              This
                Agreement may not be terminated without the unanimous consent of
                all the
                Parties except that Party A may, by giving a thirty (30) days prior
                notice
                to the other Parties hereto, terminate this
                Agreement.

            

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    

    
      	
              10.

            	
              MISCELLANEOUS

            

    

     

    
      	
               

            	
              10.1 

            	
              Amendment,
                Modification and Supplement 

            

    

     

    Any
      amendment and supplement to this Agreement shall be made by the Parties in
      writing. The amendment and supplement duly executed by each Party shall be
      deemed an integral part of this Agreement and shall have the same legal effect
      as this Agreement. 

     

    
      	
               

            	
              10.2 

            	
              Entire
                Agreement 

            

    

     

    The
      Parties acknowledge that this Agreement constitutes the entire agreement of
      the
      Parties with respect to the subject matters therein and supersedes and replaces
      all prior or contemporaneous agreements and understandings in oral or written
      form. 

     

    
      	
               

            	
              10.3 

            	
              Severability
                

            

    

     

    If
      any
      provision of this Agreement is adjudicated to be invalid or non-enforceable
      according to relevant PRC laws of the PRC, such a provision shall be deemed
      invalid only to the extent the PRC laws are applicable in China, and the
      validity, legality and enforceability of the other provisions hereof shall
      not
      be affected or impaired in any way. The Parties shall, through consultation
      based on the principal of fairness, replace such invalid, illegal or
      non-enforceable provision with valid provision so that any substituted provision
      may bring the similar economic effects as those intended by the invalid, illegal
      or non-enforceable provision.

     

    
      	
               

            	
              10.4 

            	
              Headings
                

            

    

     

    The
      headings contained in this Agreement are for the convenience of reference only
      and shall not in any other way affect the interpretation, explanation or the
      meaning of the provisions of this Agreement. 

     

    
      	
               

            	
              10.5 

            	
              Language
                and Copies 

            

    

     

    This
      Agreement is executed in Chinese in three (3) copies; each Party holds one
      and
      each original copy has the same legal effect. 

     

    
      	
               

            	
              10.6 

            	
              Successor
                

            

    

     

    This
      Agreement shall bind and benefit the successor or the transferee of each Party.
      

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS THEREFORE,
      the
      parties hereof have caused this Agreement to be executed by their duly
      authorized representatives as of the date first written above. 

    

    PARTY
      A: Jiangxi Morgan Star Copper Technology Co., Ltd. (Seal)

    

    Authorized Representative(Signature):
      /s/ Wu Yiting

    

    
      	
              PARTY
                B: /s/
                Wu
                Yiting                 
                 (Signature)

            
	 
	
              Wu
                Yiting

            

    

     

    PARTY
      C: Jiangxi Yiyang Fuda Copper Co., Ltd. (Seal)

     

    Legal
      Representative (Signature): /s/ Wu Yiting

     

    
      
        
        

      

      
        6

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