Document:

Exhibit
        10.1 

      
        
          
            

            Guangzhou
              New Baiyun Airport Bus Waiting Area Electronic Light Box Advertising
              Contract
              [TRANSLATED VERSION]

             

            
 

            
              	
                      PARTY A:

                    	Guangzhou Chuangrun Advertising
                      Company
                      Limited
	
                      Address:

                    	168 Jiang Nan Da Do Zhong, Suite
                      1211,
                      Guangzhou
	Contact:	Cai Hanxiong
	Tel:	020 84422633
	Fax:	020 84423236

            

             

            
              
                	
                        PARTY A:

                      	Chi Shang Ling Yue Advertising
                        Company
                        Limited
	
                        Address:

                      	75 Xian Lie Zhong Lu, Sui
                        Fung Building 2/F,
                        Room C18-19, Guangzhou
	Contact:	He Jun Wei
	Tel:	 
	Fax:	 

              

               

            

            Advertising
              Project and Pricing:

            
               

              
                
                  
                    	
                            Location:

                          	Guangzhou New Baiyun Airport
                            A and B Bus
                            Waiting Areas
	
                            Period:

                          	May 1, 2005 to April 30,
                            2005
	Number:	
                            Total
                              30 double-sided scrolling light boxes, with 12 posters
                              per box, total 360
                              posters.

                          
	Price:	RMB 30,000 per poster
                            per month
	Discount:	60%
	Net:	
                            RMB 12,000 per poster per month

                            RMB 144,000 per poster per year

                          
	Note:	The above pricing include
                            the cost of
                            producing the first poster
	Currency:	Renminbi (by
                            check)

                  
 

              

            

             

            Payment
              Schedule: (Party B shall pay Party A according to the following terms
              and
              conditions):

            

            	1.  	
                    Party
                      A warranties that within 20 days of this contract, when 30%
                      of the posters
                      are up, the Party B shall pay Party A a 10% Contract Fulfillment
                      Guarantee, i.e. RMB 5,184,000 (Five Million One Hundred and
                      Eighty Four
                      Thousand RMB).

                  

            

            	2.  	
                    Within
                      one month after the start of putting up the posters, Party
                      B shall pay
                      Party A the remaining 90%, i.e. RMB 46,656,000 (Forty Six Five
                      Million Six
                      Hundred and Fifty Six Thousand RMB).

                  

            

            	3.  	
                    At
                      the end of the contract, Party B shall pay whatever is
                      left.

                  

            

            
              
                 

              

              
                 

                
                  

                

              

              
                 

              

            

            Party
              A: Guangzhou
              Chuangrun Advertising Company Limited

            

            

            
              	
                      Representative:

                    	 	
                      /s/
                        Cai Hanxiong

                    

              	 	 	April 5, 2005

            

             

            Party
              B: Chi
              Shang
              Ling Yue Advertising Company Limited

            

            

            
              	
                      Representative:

                    	 	
                      /s/
                        He Jun Wei

                    

              	 	 	April 5, 2005

            

             

            Common
              terms and conditions:

            

            
              1.
Late
                payments apply; late payments shall equal 0.05% per day according
                to the
                advertising rate. If Party B is late by a month, Party A can stop
                installing
                posters or take posters down.
                 

              

            

            2. Party
              B
              shall provide the following documents concerning the posters:

            	(i)  	
                    Business
                      license and other manufacturing, operating
                      permit;

                  

            	(ii)  	
                    Documents
                      from the Quality Bureau concerning the quality of the
                      merchandise;

                  

            	(iii)  	
                    Documents
                      concerning the accuracy of the
                      advertisement;

                  

            	(iv)  	
                    If
                      the poster requires administrative approval, the approval
                      documents.

                  

            

            3. Refusal
              of Advertise

            Party
              A
              has the right to examine the contents of the advertisements. If there
              are areas
              where they are not in accordance to <the Advertising Law> or any other law
              or regulation or the Airport’s demand; then Party A can request Party B to
              modify the advertisement. If Party B refuses, then Party A can refuse
              to install
              the poster, in such case, Party B is responsible for the damages.

            

            4. Cost
              of
              Posters

            

            Party
              B
              shall deliver design to Party A 5 days before the date of the advertisement,
              then 3 days after Party A notifies Party B of approval, Party B shall
              deliver
              design MO to Party A, Party A shall pay for production of the first
              poster.

            

            5. Changing
              Posters

            

            If
              Party
              B has to notify Party in writing concerning the change of a poster,
              and deliver
              a new design, and all required documentations.

            

            6. Used
              Posters

            

            Party
              B
              has to notify Party A if it desires to take back the used posters,
              Party A shall
              only keep used posters for 2 weeks.

            

            
              
                 

              

              
                 

                
                  

                

              

              
                 

              

            

            7. Maintenance

            

            Party
              A
              is responsible or all day to day maintenance of the posters. If damages
              occur as
              a consequence of Party A’s negligence, then Party A shall be responsible for no
              more than the original production cost of the poster.

            

            8. Extension
              of Responsibility and Compensation

            

            	(i)  	
                    If
                      Party A can not install advertisements on schedule, then it
                      should
                      continue to carry out the contract when it is capable of doing
                      so.

                  

            	(ii)  	
                    If
                      Party B can not provide Party A with the necessary electronic
                      material
                      causing delay, then Party A is entitled to the fees according
                      to this
                      contract, without compensation to Party
                      B.

                  

            

            9. Force
              Majeure

            

            If
              due to
              war, rebellion, disaster, explosion, strike, and other unforeseeable
              problems,
              then is either side can not fulfill this contract, there is no
              responsibility.

            

            10. Dispute
              Resolution

            

            If
              there
              are disputes, either side can take the other side to court.

            
               

              11.
                If it
                is Party A’s responsibility that causes a delay in Party B, Party A shall pay
                compensation equal to 0.5% per day of the cost of advertising.

            
              12.
                If
                the above delay exceeds a week, then Party B is entitled to the whole
                amount.

            

            

            
              13.
                Extension of Contract

            

             

            Party
              has
              the first right to extend this contract under the same conditions.

             

            There
              are
              2 copies of this contract, Party A and Party B holds one each. Any
              other matter
              not covered in this contract can be covered by future
              appendices.Exhibit
        10.2 

      

      Guangzhou
        New Baiyun Airport Electronic Light Box Advertising
        Contract

      [TRANSLATED
        VERSION]

      

      PARTY
        A:       
        Guangzhou
        Chuangrun Advertising Company Limited

      Address:    
168
        Jiang
        Nan Da Do Zhong, Suite 1211, Guangzhou

      Contact:    
 Cai
        Hanxiong

      Tel:         020
        84422633

      Fax:      020
        84423236

      

      PARTY
        B:       
        Chi
        Shang
        Ling Yue Advertising Company Limited

      Address:         
        75
        Xian
        Lie Zhong Lu, Sui Fung Building 2/F, Room C18-19, Guangzhou

      Contact:                  
        He
        Jun
        Wei

      Tel:

      Fax:

      

      Advertising
        Project and Pricing:

      

      Locations: (1)    Guangzhou
        New Baiyun Airport Departure Hall Light Boxes

                
        (2)     Guangzhou
        New Baiyun Airport A Corridor Light Boxes

      
                   
          (3)     Guangzhou
          New Baiyun Airport B Corridor Light Boxes

      

      
                   
          (4)     Guangzhou
          New Baiyun Airport C Corridor Light Boxes

      

       

      (1)        New
        Baiyun Airport Departure Hall Light Boxes

      From:      September
        1 2005 to August 31, 2006

      Total:                  20
        boxes,
        3 posters per box

      Per
        Month:         RMB
        128,000 each

      Per
        Year:            
        RMB
        1,536,000 each

      Total
        per
        Year:  RMB
        30,720,000

      

      (2)                      
        New
        Baiyun Airport A Corridor Light Boxes

      From:                
        September
        1 2005 to August 31, 2006

      Total:                
        20
        boxes,
        3 posters per box

      Per
        Month:       RMB
        128,000 each

      Per
        Year:          
RMB
        1,536,000 each

      Total
        per
        Year: RMB
        30,720,000

      

      (3)                       
        New
        Baiyun Airport B Corridor Light Boxes

      From:                 
        September
        1 2005 to August 31, 2006

      Total:                 
        20
        boxes,
        3 posters per box

      Per
        Month:        RMB
        128,000 each

      Per
        Year:           
        RMB
        1,536,000 each

      Total
        per
        Year: RMB
        30,720,000

       

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      (4)                       
        New
        Baiyun Airport C Corridor Light Boxes

      From:                  
        September
        1 2005 to August 31, 2006

      Total:                 
        10
        boxes,
        3 posters per box

      Per
        Month:         RMB
        128,000 each

      Per
        Year:            
        RMB
        1,536,000 each

      Total
        per
        Year:   RMB
        15,360,000

      

      TOTAL:             
        RMB
        107,520,000 (One hundred and seven million five hundred and twenty
        thousand)

      

      Currency:           
        Renminbi
        (by check)

      

      Payment
        Schedule: (Party B shall pay Party A according to the following terms and
        conditions):

      

      	1.  	
              When
                30% of the light boxes are up before August 15, 2005, then Party
                B shall
                pay Party A a 15% pre-payment, i.e. RMB 16,128,000 (Sixteen Million
                One
                Hundred and Twenty Eight RMB). Within seven days of completing putting
                up
                all the posters, Party B shall pay Party A the remainder, i.e. RMB
                91,392,000 (Ninety One Million Three Hundred and Ninety Two Thousand
                RMB).

            

      

      	2.  	
              If
                due to Force Majeure that Party A can not install 30% of the light
                boxes
                by August 15, 2005, then the 15% pre-payment from Party B will be
                deferred
                accordingly.

            

      

      Party
        A: Guangzhou
        Chuangrun Advertising Company Limited

       

      
        	
                Representative:

              	 	
                /s/
                  Cai Hanxiong

              

        	 	 	May 26, 2005

      

       

      Party
        B: Chi
        Shang
        Ling Yue Advertising Company Limited

      

      

      
        	
                Representative:

              	 	
                /s/
                  He Jun Wei

              

        	 	 	May 26, 2005

Common
        terms and conditions:

      

      
        	
                1.

              	
                Late
                  payments apply; late payments shall equal 0.05% per day according
                  to the
                  advertising rate. If Party B is late by a month, Party A can stop
                  installing posters or take posters
                  down.

              

      

      

      2. Party
        B
        shall provide the following documents concerning the posters:

      	a.  	
              Business
                license and other manufacturing, operating
                permit;

            

      	b.  	
              Documents
                from the Quality Bureau concerning the quality of the
                merchandise;

            

      	c.  	
              Documents
                concerning the accuracy of the
                advertisement;

            

      	d.  	
              If
                the poster requires administrative approval, the approval
                documents.

            

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      3. Refusal
        of Advertise

       

      Party
        A
        has the right to examine the contents of the advertisements. If there are
        areas
        where they are not in accordance to <the Advertising Law> or any other law
        or regulation or the Airport’s demand; then Party A can request Party B to
        modify the advertisement. If Party B refuses, then Party A can refuse to
        install
        the poster, in such case, Party B is responsible for the damages.

      

      4. Cost
        of
        Posters

      

      Party
        B
        shall deliver design to Party A 5 days before the date of the advertisement,
        then 3 days after Party A notifies Party B of approval, Party B shall deliver
        design MO to Party A, Party A shall pay for production of the first poster
        and
        guarantee its quality for 1 year.

      

      5. Changing
        Posters

      

      If
        Party
        B has to notify Party A in writing concerning the change of a poster, and
        deliver a new design, and all required documentations.

      

      6. Used
        Posters

      

      Party
        B
        has to notify Party A if it desires to take back the used posters, Party
        A shall
        only keep used posters for 2 weeks.

      

      7. Maintenance

      

      Party
        A
        is responsible or all day to day maintenance of the posters. If damages occur
        as
        a consequence of Party A’s negligence, then Party A shall be responsible for no
        more than the original production cost of the poster.

      

      8. Extension
        of Responsibility and Compensation

      

      	(i)  	
              If
                Party A can not install advertisements on schedule, then it should
                continue to carry out the contract when it is capable of doing
                so.

            

      	(ii)  	
              If
                Party B can not provide Party A with the necessary electronic material
                causing delay, then Party A is entitled to the fees according to
                this
                contract, without compensation to Party
                B.

            

      

      9. Force
        Majeure

      

      If
        due to
        war, rebellion, disaster, explosion, strike, and other unforeseeable problems,
        then is either side can not fulfill this contract, there is no
        responsibility.

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      10. Dispute
        Resolution

      

      If
        there
        are disputes, either side can take the other side to court.

       

      11.
        If it
        is Party A’s responsibility that causes a delay in Party B, Party A shall pay
        compensation equal to 0.5% per day of the cost of advertising.

    

    
       

      12.
        If
        the above delay exceeds a week, then Party B is entitled to the whole
        amount.

       

      13.
Extension
        of Contract

       

      Party
        has
        the first right to extend this contract under the same conditions.

       

      There
        are
        2 copies of this contract, Party A and Party B holds one each. Any other
        matter
        not covered in this contract can be covered by future appendices.

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