Document:

Exhibit 10.32

                      INDEPENDENT SALES AGENT AGREEMENT

      THIS INDEPENDENT SALES AGENT AGREEMENT,  (the "Agreement") is entered into
and made effective as of this day of October 2003 (the "Effective Date"), by and
between NUWAVE  TECHNOLOGIES,  INC., a Delaware  corporation (the "Company") and
NEXTGEN  ASSOCIATES,  INC., a New Jersey  Corporation  (the  "Independent  Sales
Agent").

                                   WITNESSETH:

      WHEREAS, the Company primarily concentrates on identifying, developing and
commercializing high-margin,  proprietary technologies,  specifically technology
related to image and video  enhancement  designed  to enrich  picture  and video
output ("Nuwave Technology"); and

      WHEREAS,  the Company desires to retain the Independent  sales Agent, as a
non-exclusive  independent  contractor,  to assist the Company in the marketing,
promotion, sale and distribution of the Nuwave Technology.

      NOW THEREFORE,  in consideration  of the mutual promises  contained herein
and other good and valuable consideration,  the receipt and sufficiency of which
are hereby acknowledged, the parties agree as follows:

      1.  RECITALS.  The  above  recitals  are  true  and  correct  and same are
incorporated herein by this reference.

      2. ENGAGEMENT. The Company hereby engages the Independent Sales Agent as a
non-exclusive  independent  contractor  to assist the Company in the  marketing,
promotion, sale and distribution of the Nuwave Technology.

      3. ADVERTISING.  The Independent Sales Agent shall be entitled, during the
term of this  Agreement,  to  advertise  and hold  itself  out as an  authorized
non-exclusive  independent sales agent of the Nuwave Technology,  and to use the
trademarks, logo, service marks and other commercial designation, whether or not
registered,  used by the Company to represent or describe the Nuwave  Technology
(the  "Trademarks")  in  all  advertisements  and  other  reasonable  activities
conducted  by the  Independent  Sales  Agent to  promote  the sale of the Nuwave
Technology.  The  Independent  Sales  Agent's  use  of  the  Trademarks  in  any
advertising and  promotional  media is conditioned  upon the  Independent  Sales
Agent's  compliance  with  the  Company's  prior  approval  of such  advertising
materials,  as well as the Independent  Sales Agent's agreement to appropriately
indicate that such  Trademarks  are the Company's  trademarks.  The  Independent
Sales  Agent will ensure that the Nuwave  Technology  and related  documentation
incorporate  copyright and other proprietary notices in the same manner that the
Company  incorporates  such notices in the Nuwave  Technology,  or in any manner
reasonably  requested by the Company.  Upon  termination of this Agreement,  the
Independent Sales Agent will immediately cease all use of the Trademarks.

      4. PRICING.  All pricing for the Nuwave Technology shall be as provided by
the Company to the Independent Sales Agent in writing from time to time.

      5.  COMMISSION.  Except for the  commission to be paid to the  Independent
Sales Agent by the Company as set forth  herein  below,  the  Independent  Sales
Agent acknowledges and agrees that all amounts paid or payable to the Company or
the  Independent  Sales  Agent  and  arising  from  or  relating  to the  Nuwave
Technology shall be the exclusive property of the Company. The Independent Sales
Agent shall  truthfully,  accurately and efficiently  complete all documents and
records,  account for all monies and all the property of the Company of which it
may have  custody,  and  will  promptly  deliver  the  same to the  Company.  In
consideration for the services of the Independent Sales Agent, the Company shall
pay to the Independent Sales Agent a commission equal to ninety percent (90%) of
net amounts received by the Company during the Term arising from the Independent
Sales  Agent's  sale of the  Nuwave  Technology,  such  amounts  payable  to the
Independent  Sales Agent within thirty days (30) after the Company's  receipt of
the sale  proceeds from the sale of such Newave  Technology  by the  Independent
Sales Agent. Net amounts are defined as revenues received from customers, net of
any agreed upon  discounts  and  allowances;  less the cost to design,  produce,
ship,  install and for delivery of the product.  These costs shall include costs
incurred by both the company and 3rd party vendors.

      6. EXPENSES.  The Independent Sales Agent shall be solely  responsible and
liable for all costs and expenses  incurred by it in the course of providing the
services to the Company hereunder,  and the Company shall have no responsibility
to reimburse the Independent Sales Agent for any such expenses.

      7. TERM. The term of this  Agreement  shall commence on the Effective Date
and shall continue for a period of one (1) year (the "Term"); provided, however,
that either party may terminate  this  Agreement by providing the other at least
thirty (30) days prior written notice.

      8. INDEPENDENT  CONTRACTOR.  It is expressly understood and agreed that in
the performance of services hereunder, the Independent Sales Agent shall, at all
times,  act as an independent  contractor with respect to the Company and not as
an employee or agent of the Company,  and nothing  contained  in this  Agreement
shall be construed to create an employer/employee,  joint venture,  partnership,
association or other affiliation, or like relationship,  between the parties, it
being  specifically  agreed that the  relationship  is and shall  remain that of
independent  parties to a  contractual  relationship.  Accordingly,  the Company
shall  neither  have nor exercise  any  specific  control or direction  over the
particular  methods by which Solo performs the services  hereunder.  In no event
shall  either  party be liable for the debts or  obligations  of the other.  The
Company will not withhold on the  Independent  Sales Agent's behalf any sums for
income tax,  unemployment  insurance,  social security or any other  withholding
pursuant to any law or requirement of any government  body, or make available to
the  Independent  Sales Agent any of the  benefits  afforded to employees of the
Company.  The  Independent  Sales Agent will  indemnify  and hold  harmless  the
Company, its shareholders,  officers,  directors,  employees, agents, successors
and assigns, from any and all loss or liability arising from its failure to make
such payments, withholdings and benefits, if any.

      9.  INDEMNIFICATION.  In addition to, and not in  limitation  of any other
indemnification provided herein, the Independent Sales Agent agrees to indemnify
and hold harmless the Company, its shareholders, officers, directors, employees,

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<PAGE>

agents,  successors  and assigns  from any and all  liability,  losses,  claims,
damages,  costs,  causes of action,  judgments or settlements arising therefrom,
including reasonable  attorneys' fees, at all levels of trial and appeal, caused
or  asserted  to be caused,  directly  or  indirectly,  by or as a result of any
breach  of the  terms  of  this  Agreement  or any  wrongful  act,  omission  or
negligence  of the  Independent  Sales  Agent in the  performance  of its duties
hereunder.

      10.  LIMITATION  OF  LIABILITY.  THE  COMPANY  SHALL NOT BE LIABLE FOR ANY
SPECIAL, INCIDENTAL, CONSEQUENTIAL, INDIRECT OR PUNITIVE DAMAGES (INCLUDING LOST
REVENUES  OR PROFITS)  OF ANY KIND DUE TO ANY CAUSE,  REGARDLESS  OF WHETHER THE
COMPANY HAS BEEN ADVISED OR IS AWARE OF THE  POSSIBILITY  OF SUCH  DAMAGES,  AND
WITHOUT  LIMITING THE  FOREGOING,  THE COMPANY'S  MAXIMUM  LIABILITY  UNDER THIS
AGREEMENT TO THE INDEPENDENT SALES AGENT SHALL BE LIMITED TO THE AMOUNT RECEIVED
BY THE COMPANY AS A RESULT OF THE  INDEPENDENT  SALES AGENT'S EFFORTS UNDER THIS
AGREEMENT, AND AFTER DEDUCTING THE AMOUNTS PAID TO THE INDEPENDENT SALES AGENT.

      11. MISCELLANEOUS.

            11.1.  Entire Agreement and Amendments.  This Agreement  constitutes
the entire  agreement of the parties with respect to the subject  matter  hereof
and supersedes any prior agreement or understanding  between the parties hereto,
and neither this  Agreement  nor any provision  hereof may be waived,  modified,
amended or, except to the extent, if any,  otherwise provided in this Agreement,
terminated, except by a written agreement signed by the parties hereto.

            11.2.  Waivers.  No  waiver  of any  breach,  default  or  provision
hereunder  shall be considered  valid unless in a writing signed by the party to
be  charged  therewith,  and no such  waiver  shall be  deemed  a waiver  of any
subsequent breach or default hereunder.

            11.3.  Successors and Assigns.  This Agreement shall be binding upon
and  against  the  parties  hereto  and their  heirs,  personal  or other  legal
representatives, administrators, successors and permitted assigns.

            11.4. Negotiated Agreement. The parties to this Agreement have fully
participated  in its negotiation and  preparation.  Accordingly,  this Agreement
shall not be more strictly construed against any of the parties.

            11.5. Severability. If any provision of this Agreement shall be held
to  be  illegal,  invalid  or  unenforceable,  such  illegality,  invalidity  or
unenforceability shall attach only to such provision and shall not in any manner
affect or render illegal,  invalid or unenforceable  any other provision of this
Agreement,  and this  Agreement  shall be  carried  out as if any such  illegal,
invalid or unenforceable provision were not contained herein.

            11.6.  Governing  Law.  This  Agreement  shall  be  governed  by and
construed  in  accordance  with the  internal  laws of the State of New  Jersey,
determined  without  regard to  provisions  of  conflicts  of laws.  The parties
further agree that any action between them shall be heard in Hudson County,  New

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Jersey,  and  expressly  consent to the  jurisdiction  and venue of the Superior
Court of New Jersey,  sitting in Hudson County, New Jersey and the United States
District  Court  of  New  Jersey,   sitting  in  Newark,  New  Jersey,  for  the
adjudication of any civil action asserted pursuant to this paragraph.

            11.7.  Counterparts.  This  Agreement may be executed in two or more
counterparts,  each of  which  shall be  deemed  an  original,  but all of which
together shall constitute one and the same instrument. Confirmation of execution
by telex or telecopy or telefax of a facsimile  signature  page shall be binding
upon that party so confirming.

      IN WITNESS WHEREOF,  the parties hereto have executed this Agreement as of
the date written above. NUWAVE TECHNOLOGIES, INC.

                                           By: /s/George Kanakis, President
                                              ----------------------------------
                                               George Kanakis, President

                                           NEXTGEN ASSOCIATES, INC.

                                           By: /s/Stan Chayka, President
                                              ----------------------------------
                                               Stan Chayka, President

                                       4[Exhibit 10.1 Letter Agreement With Qiang Long]

          [Letterhead of Minghua Group International Holdings Limited]

April 13, 2004

Mr. Chang-De Li
Beijing Qiang Long Real
     Estate Development Co., Ltd.
No. 95 Kangxi Road
Ba Da Xia Industrial Development Zone
Yanqing County, Beijing
People's Republic of China

Re:  Amendment to Contracts Dated September 29, 2003 and January 29, 2004

Dear Mr. Li:

      Reference is made to (i) that certain Regulation S Subscription Agreement,
dated September 29, 2003 (the "September 29 Contract"), between Minghua Group
International Holdings Limited ("Minghua") and Beijing Qiang Long Real Estate
Development Co., Ltd. ("Qiang Long"), and (ii) that certain contract, dated
January 29, 2004 (the "January 29 Contract" and together with the September 29
Contract, the "Contracts"), between Minghua and Qiang Long.

      Pursuant to the September 29 Contract Qiang Long is obligated to purchase
15,000,000 shares of Minghua's Common Stock for US$6,000,000, in the aggregate.
Upon signing the September 29 Contract Qiang Long funded US$602,410 of the
subscription price and Minghua issued to Qiang Long 1,511,488 shares of its
common stock for such funds. Qiang Long then funded an additional US$1,204,820
on January 9, 2004 and received 3,023,998 additional shares of Minghua common
stock for such funds. The September 29 Contract also required that Qiang Long
fund US$4,192,770 on February 29, 2004. To date, Qiang Long has not made this
final payment (the "February Payment").

      Pursuant to the January 29 Contract, Qiang Long agreed to purchase
140,000,000 shares of Minghua's Common Stock at an aggregate purchase price of
US$29,400,000. The January 29 Contract requires that the acquisition of these
shares take place in two installments. On April 15, 2004, Qiang Long is required
to pay (the "April Payment") US$12,600,000 for 60,000,000 shares of Minghua's
Common Stock. Thereafter, the Company was to hold an annual stockholders meeting
at which the stockholders would vote upon an amendment to Minghua's Certificate
of Incorporation that would increase the number of authorized shares to a higher
number such that Minghua would have enough authorized shares to satisfy its
obligations under the January 29 Contract. Qiang Long would then pay (the "Final
Payment") the second installment of US$16,800,000 within 15 days of the
effective date of such amendment and receive the remaining 80,000,000 shares of
Minghua Common Stock at that time.

<PAGE>

      Without waiving any potential claims that either party may have against
the other for breach of the Contracts, the parties now desire to amend the
Contracts to provide for an extension of the time within which Qiang Long is
required to make each of the February Payment, the April Payment and the Final
Payment. Accordingly, Minghua and Qiang Long, intending to be bound, hereby
agree as follows:

      1. Amendment to Payment Dates.

            (a) Extension of February Payment Date. The September 29 Contract is
hereby amended to extend the due date for the February Payment from February 29,
2004 to May 31, 2004.

            (b) Extension of April Payment Date. The January 29 Contract is
hereby amended to extend the due date for the April Payment from April 15, 2004
to October 15, 2004.

            (c) Extension of Final Payment Date. The January 29, 2004 Contract
is hereby amended to extend the due date for the Final Payment to November 30,
2004.

      2. Resignations of Certain Directors. Chu Quan Li, Albert Wong and Kuen
Kwong Chan each agree to resign from their positions as directors of Minghua and
from any and all offices that they hold with Minghua effective upon the tenth
day following the mailing of an information statement on Schedule 14f-1 to the
stockholders of Minghua. Minghua will use commercially reasonable efforts to
prepare and file a Schedule 14f-1 information statement with the Securities and
Exchange Commission as soon as practicable and, subject to responding to and
complying with any comments or requests of the Staff of the Securities and
Exchange Commission, mail such information statement to its stockholders.

      3. Third Party Beneficiary. Chu Quan Li is hereby designated by Qiang Long
as an intended third party beneficiaries of this letter agreement and of the
Contracts. Qiang Long hereby agrees that Chu Quan Li may enforce the rights of
Minghua under the Contracts and this letter agreement on behalf of Minghua and
the stockholders of Minghua . Without limiting the generality of the foregoing,
Chu Quan Li may bring an action as intended third party beneficiary against
Qiang Long for breach of this letter agreement and the Contracts in the event
that Qiang Long does not satisfy its obligations hereunder and thereunder.

      3. Contracts Remains in Full Force and Effect. Except as modified by this
letter agreement, the Contracts remain valid and binding upon the parties,
unchanged and in full force and effect. This letter agreement shall be treated
by the parties as a supplement and an amendment to the Contracts and shall be
governed by the provisions thereof, including any provisions regarding governing
law and arbitration.

      4. Miscellaneous. The parties hereto, without the need for any additional
consideration, agree to execute such other and further instruments, documents
and agreements and to perform such other acts as may be reasonably required to
effectuate the purposes of this letter agreement. This letter agreement along
with the Contracts constitute the entire understanding among the parties hereto
with respect to the subject matter hereof and supersedes all prior agreements,
arrangements and understandings relating to the subject matter hereof, including

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<PAGE>

without limitation, any Chinese language versions of this agreement or the
Contracts that may have been entered into by the parties prior to the date
hereof. Notwithstanding any provision of the Contracts to the contrary, neither
this letter agreement nor the Contracts may be amended, modified or supplemented
except by a written instrument signed by all of the parties hereto, including
the party named herein as an intended third party beneficiary hereunder. This
letter agreement may be executed in any number of counterparts, each of which
shall be deemed an original and enforceable against the parties actually
executing such counterpart, and all of which, when taken together, shall
constitute one instrument. Facsimile execution and delivery of this letter
agreement is legal, valid and binding execution and delivery for all purposes.

                            [signature page follows]

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<PAGE>

      Please indicate your assent to the foregoing by executing this letter in
the space provided below.

                     Sincerely,

                     MINGHUA GROUP INTERNATIONAL HOLDINGS LIMITED

                     By:              /s/ Albert Wong
                        --------------------------------------------------
                                      Albert Wong, Chief Executive Officer

ACCEPTED AND AGREED
TO AS OF THE DATE OF THIS
LETTER:

BEIJING QIANG LONG REAL ESTATE DEVELOPMENT CO., LTD.

         /s/ Chang-De Li
--------------------------------------------------------------
Chang-De Li

THE FOLLOWING PARTIES AGREE TO SECTION
2 HEREOF:

         /s/ Chu Quan Li
--------------------------------------------------------------
CHU QUAN LI, individually

         /s/ Albert Wong.
--------------------------------------------------------------
ALBERT WONG, individually

         /s/ Kuen Kwong Chan
--------------------------------------------------------------
KUEN KWONG CHAN, individually

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