Document:

<PAGE>

                                                                  Exhibit 10.7.1

                           ENTRUSTMENT LOAN AGREEMENT

               Serial No. Xing Yin Shen Ba Gua Ling (2007) No. 003

Entrusting Party: Shenzhen Nepstar Pharmaceutical Co., Ltd.
Mail Address: Neptunus Building A-15B, Nanshan District, Shenzhen
Mail Code: 518052   Contact Tel.: 26649838

Lender: Shenzhen Branch of Industrial Bank Co., Ltd.
Mail Address: No. 39 Ba Gua Yi Road
Mail Code: 518029   Contact Tel.: 25982763

Borrower: Shenzhen Nepstar Information and Technology Service Co., Ltd.
Mail Address: Nan Shan Nepstar Building
Mail Code: 518052   Contact Tel.: 26649838

        Place of Execution: Shenzhen Branch of Industrial Bank Co., Ltd.
               Industrial Bank Building, Futian District, Shenzhen

<PAGE>

Under the consignment of the Entrusting Party, the Lender will extend this
Entrustment Loan to the Borrower. To clarify responsibilities, stick to credit,
through equal discussion and in accordance with relevant laws and regulations of
the State, the parties hereto enter into this Agreement.

1. DEFINITION AND INTERPRETATION

Unless otherwise provided by this Agreement:

"Entrustment Loan" means the loan under which the Entrusting Party provides
funds to the Lender (the Entrusted Party) to disburse on its behalf to such
borrower for such usage and in such amount, term and interest rate as determined
by the Entrusting Party and the Lender will assist in collecting back such loan.
The Lender only charges a commission without assuming any lending risk which
includes without limitation the risk that there is any material change or
adverse development with the operation of the borrower, the loan is misused, or
the measure taken to call back loan is not appropriate. The Entrusting Party may
not require the Entrusted Party to bear any legal or economic liability by
asserting that, among others, the Entrusted Party fails to supervise
appropriately or fails to provide an overdue notice or other matters.

2. AMOUNT OF LOAN

The amount of this Entrustment Loan is Renminbi (currency) ten million.

3. USAGE OF LOAN

This Entrustment Loan is intended to be used to acquire equity interests.

4. TERM OF LOAN

     1.   The term of the loan is from June 2007 to June 2008.

     2.   The draw-down date shall be the actual draw-down date as stated on the
          loan certificate. If the actual draw-down date is later than the
          draw-down date as set forth in previous clause, the expiry date will
          be the same.

     3.   Under instruction of the Entrusting Party, the loan will be drawn down
          on the following dates: [not applicable]

          RMB _____ on _____, _____; RMB _____ on _____, _____;
          RMB _____ on _____, _____; RMB _____ on _____, _____;
          RMB _____ on _____, _____; RMB _____ on _____, _____;

          The Lender will remit the amount as agreed into the account of the
          Borrower separately on aforesaid dates.

     4.   The principal of the Entrustment Loan will be repaid in the second way
          of

<PAGE>

          following:

          a)   by installments on the following dates: [not applicable]

          RMB _____ on _____, _____; RMB _____ on _____, _____;
          RMB _____ on _____, _____; RMB _____ on _____, _____;
          RMB _____ on _____, _____; RMB _____ on _____, _____.

          b)   by a lump-sum repayment on the expiry date.

     5.   If the Lender requires repayment before maturity according to
          instruction of the Entrusting Party, the expiry date shall be deemed
          to be accelerated.

     6.   Upon reviewing and consent of the Entrusting Party, the Borrower may
          repay part or all principal of the Entrustment Loan in advance.

5. INTEREST RATE OF LOAN AND INTEREST CALCULATION

     1.   During the term of the loan, the interest rate is ______
          (year/month/quarter) ________. [not applicable]

     2.   Through discussion between the parties, the ____ way of interest
          calculation is adopted for this loan: [not applicable]

          a)   to calculate on a monthly basis, which means, the interest will
               be fixed on 20th of each month and the Borrower shall pay
               interest to the Lender on a monthly basis and settle the balance
               of interest on the expiry date;

          b)   to calculate on a quarterly basis, which means, the interest will
               be fixed on 20th of the last month of each quarter and the
               Borrower shall pay interest to the Lender on a quarterly basis
               and settle the balance of interest on the expiry date;

          c)   to pay all interest on the expiry date; or

          d)   other way: _________________________________

     3.   Unless otherwise indicated by the Entrusting Party, for loan with a
          term less than one year (including one year), the contracted interest
          provided by this Agreement shall apply and such interest will not be
          adjusted when the statutory interest is adjusted; and for loan with a
          term more than one year, the interest shall be determined every year
          and the Lender shall apply the state statutory interest policy and
          adjust the contracted interest according to instruction of the
          Entrusting Party when the statutory interest is adjusted.

6. PENALTY INTEREST AND COMPOUND INTEREST

     1.   If the Borrower does to use the loan for the purpose agreed under this
          Agreement or the Borrower fails to repay the loan on a timely basis
          and has

<PAGE>

          not achieved agreement with the Lender concerning extension (which
          constitutes a late repayment), the Lender shall be entitled to a
          penalty interest for the misused or overdue loan based on the penalty
          interest rate agreed under this Agreement. With respect to the
          interest that is not paid on time, the Lender shall be entitled to a
          compound interest based on the penalty interest rate as agreed under
          this Agreement.

     2.   If the Borrower fails to repay the loan on a timely basis and has not
          achieved agreement with the Lender concerning extension, which shall
          constitute an late repayment, the penalty interest rate shall be
          determined in the first way of the following:

          a)   the interest rate under this Agreement is a fixed rate and the
               penalty interest and compound interest shall be calculated based
               on a fixed rate during the overdue period. The penalty interest
               rate shall be 50% higher than the interest rate of the loan; or

          b)   the interest rate under this Agreement is a floating rate and the
               penalty interest and compound interest shall be calculated based
               on a floating rate during the overdue period, with the same
               floating range. The penalty interest shall be ____ higher than
               the interest of the loan. [not applicable]

     3.   If the Borrower does not use the loan for the purpose agreed under
          this Agreement, which shall constitute a misuse of the loan, the
          penalty interest rate shall be determined in the first way of the
          following:

          a)   the interest rate under this Agreement is a fixed rate and the
               penalty interest and compound interest shall be calculated based
               on a fixed rate during the misusing period. The penalty interest
               rate shall be 50% higher than the interest rate of the loan; or

          b)   the interest rate under this Agreement is a floating rate and the
               penalty interest and compound interest shall be calculated based
               on a floating rate during the misusing period, within the same
               floating range. The penalty interest shall be ____ higher than
               the interest of the loan. [not applicable]

     4.   The compound interest shall be calculated in the way as agreed under
          this Agreement.

7.   COMMISSION

The Lender charges a commission equal to 1% of the amount lent. The commission
for the Entrustment Loan shall be paid by the Entrusting Party on a lump-sum
basis before draw-down of the loan.

8.   SECURITY [not applicable]

<PAGE>

The following agreements are security agreements for this Agreement

     1. ______________ (Name of the Agreement) numbered in __________, in the
form of _______, provided by _________________;

     2. ______________ (Name of the Agreement) numbered in __________, in the
form of _______, provided by _________________;

     3. ______________ (Name of the Agreement) numbered in __________, in the
form of _______, provided by _________________.

9. OTHER RIGHTS AND OBLIGATIONS

     1.   The Entrusting Party shall transfer its funds consigned into the
          account of the Lender for entrustment loans on a timely basis. The
          Lender will not commence draw-down procedures until the funds of the
          Entrusting Party have been remitted into the account of the Lender for
          entrustment loans.

     2.   The funds for Entrustment Loan shall be obtained from legitimate
          sources and may not be credit-extending fund obtained from the Lender;
          otherwise the Entrusting Party shall bear legal liability
          correspondingly.

     3.   The Entrusting Party and the Borrower shall provide true documents,
          statements and certificates as required by the Lender.

     4.   The Borrower shall repay the principal and interest of this
          Entrustment Loan in the same currency as lent, unless otherwise agreed
          by the Entrusting Party and the Borrower.

     5.   The Lender shall be entitled to examine the production and operation
          of the Borrower at any time and the Borrower shall provide active
          cooperation.

     6.   Both the Entrusting Party and the Lender shall have the right to
          supervise the usage of the loan by the Borrower.

     7.   The Entrusting Party shall have the right to take corresponding
          actions in accordance with law or this Agreement to call back the loan
          before maturity or settle the principal and interest of the overdue
          loan and the Lender shall give assistance as necessary.

     8.   The Borrower hereby irrevocably authorizes the Lender to deduct
          relevant amount from its account to repay the principal and interest
          of this Entrustment Loan.

     9.   The Lender will not assume any risk under this Entrustment Loan and
          will not be involved in any dispute between the Entrusting Party and
          the

<PAGE>

          Borrower.

     10.  Unless otherwise agreed by the parties hereto, the Entrusting Party
          and the Borrower may not require the Lender to bear any other
          obligation or risk.

10. BREACH OF AGREEMENT

     1.   If the Borrower is in breach of any provision under this Agreement or
          the Lender is unable to perform its obligation due to any reason
          attributable to the Borrower, the Borrower shall bear the following
          liability for its breach of Agreement to the Entrusting Party:

          a)   if the Entrustment Loan has not been drawn down, the Entrusting
               Party shall have the right to terminate this Agreement and cease
               draw-down of this Entrustment Loan;

          b)   if the Entrustment Loan has not been mature, the Entrusting Party
               shall have the right to terminate this Agreement and call back
               the principal and interest of the Entrustment Loan before
               maturity;

          c)   if the Entrustment Loan has become overdue, the Entrusting Party
               shall have the right to get overdue penalty interest;

          d)   if the Borrower misuses the Entrustment Loan, the Entrusting
               Party shall have the right to get misusing penalty interest;

          e)   the Entrusting Party shall be entitled to take actions to
               exercise its credit right and the expense for exercising the
               credit right shall be born by the Borrower; and

          f)   the Entrusting Party shall have the right to require the Borrower
               to indemnify its other economic loss.

     2.   If the Entrusting Party is in breach of any agreement under this
          Agreement or the Lender is unable to perform its obligation due to any
          reason attributable to the Entrusting Party, the Entrusting Party
          shall bear the following liability for its breach of agreement to the
          Borrower:

          a)   if the funds consigned are not drawn down on time, the Entrusting
               Party shall promptly draw down the Entrustment Loan; and

          b)   the Entrusting Party shall indemnify the economic loss of the
               Borrower.

     3.   If the Lender is in breach of any provision under this Agreement, the
          Lender shall indemnify the Entrusting Party or the Borrower, as the
          case may be, its economic loss according to law.

11. JURISDICTION

All disagreements or disputes related to this Agreement shall be submitted to
the people's court with jurisdiction of the place where this Agreement is
executed.

<PAGE>

12. TERM OF AGREEMENT

This Agreement shall become effective when the following conditions have been
satisfied:

          a)   that the parties hereto have signed or sealed hereon; and

          b)   that in case of existence of security for this Agreement, the
               security agreement has become effective.

This Agreement shall expire automatically after the principal and interest
hereunder and other debts have been paid off.

13. COPIES

This Agreement is executed with three originals. Each party has one original.
The duplicates may be created if necessary.

14. SUPPLEMENTARY PROVISIONS

     1.   The Entrusting Party may decide to extend the term of the loan for
          unlimited times. If the Entrusting Party decides to extend the term of
          the loan, the Lender and the Borrower must accept.

     2.   Without written consent of the Entrusting Party, the Borrower may not
          make repayment before maturity.

     3.   The Lender shall obtain written consent of the Entrusting Party in
          advance to deduct any amount from the account of the Borrower as
          repayment of the Entrustment Loan.

     4.   The Borrower shall keep itself exist legally and without consent of
          the Entrusting Party, may not cease its operation or cancel its
          registration;

     5.   Except the investment permitted by the Entrusting Party, without
          consent of the Entrusting Party, the Borrower may not engage in any
          lending, operation and/or investment activity or make any increase or
          decrease of registered capital;

     6.   All liquidation asset obtained by the Borrower from any of the
          companies it invests in shall be resold to the Entrusting Party in the
          price not higher than the price purchasing corresponding equity
          interest of such company and used to offset its loan of equal amount
          under this Entrustment Loan agreement. If such asset obtained from
          distribution is cash, such asset shall first be used to repay the loan
          under this Entrustment Loan agreement.

<PAGE>

ENTRUSTING PARTY:

Seal: /s/ Shenzhen Nepstar Pharmaceutical Co., Ltd.

Signature of Representative: /s/ Simin Zhang

June 13, 2007

LENDER:

Seal: /s/ Shenzhen Branch of Industrial Bank Co., Ltd.

Signature of Representative: /s/ Pinghong Dong

June 13, 2007

BORROWER:

Seal: Shenzhen Nepstar Information and Technology Service Co., Ltd.

Signature of Representative: /s/ Liping Zhou

June 13, 2007<PAGE>

                                                                  Exhibit 10.7.2

                           ENTRUSTMENT LOAN AGREEMENT

               Serial No. Xing Yin Shen Ba Gua Ling (2007) No. 002

Entrusting Party: Shenzhen Nepstar Pharmaceutical Co., Ltd.
Mail Address: Neptunus Building A-15B, Nanshan District, Shenzhen
Mail Code: 518052   Contact Tel.: 26649838

Lender: Shenzhen Branch of Industrial Bank Co., Ltd.
Mail Address: No. 39 Ba Gua Yi Road
Mail Code: 518029   Contact Tel.: 25982763

Borrower: Shenzhen Nepstar Management Consulting Co., Ltd.
Mail Address: 15th Fl., Nan Shan Nepstar Building
Mail Code: 518052   Contact Tel.: 26649838

        Place of Execution: Shenzhen Branch of Industrial Bank Co., Ltd.
               Industrial Bank Building, Futian District, Shenzhen

<PAGE>

Under the consignment of the Entrusting Party, the Lender will extend this
Entrustment Loan to the Borrower. To clarify responsibilities, stick to credit,
through equal discussion and in accordance with relevant laws and regulations of
the State, the parties hereto enter into this Agreement.

1.   DEFINITION AND INTERPRETATION

Unless otherwise provided by this Agreement:

"Entrustment Loan" means the loan under which the Entrusting Party provides
funds to the Lender (the Entrusted Party) to disburse on its behalf to such
borrower for such usage and in such amount, term and interest rate as determined
by the Entrusting Party and the Lender will assist in collecting back such loan.
The Lender only charges a commission without assuming any lending risk which
includes without limitation the risk that there is any material change or
adverse development with the operation of the borrower, the loan is misused, or
the measure taken to call back loan is not appropriate. The Entrusting Party may
not require the Entrusted Party to bear any legal or economic liability by
asserting that, among others, the Entrusted Party fails to supervise
appropriately or fails to provide an overdue notice or other matters.

2.   AMOUNT OF LOAN

The amount of this Entrustment Loan is Renminbi (currency) twenty-six million.

3.   USAGE OF LOAN

This Entrustment Loan is intended to be used to acquire equity interests.

4.   TERM OF LOAN

     1.   The term of the loan is from June 2007 to June 2008.

     2.   The draw-down date shall be the actual draw-down date as stated on the
          loan certificate. If the actual draw-down date is later than the
          draw-down date as set forth in previous clause, the expiry date will
          be the same.

     3.   Under instruction of the Entrusting Party, the loan will be drawn down
          on the following dates: [not applicable]

          RMB _____ on _____, _____; RMB _____ on _____, _____;
          RMB _____ on _____, _____; RMB _____ on _____, _____;
          RMB _____ on _____, _____; RMB _____ on _____, _____;

          The Lender will remit the amount as agreed into the account of the
          Borrower separately on aforesaid dates.

     4.   The principal of the Entrustment Loan will be repaid in the second way
          of

<PAGE>

          following:

               a) by installments on the following dates: [not applicable]

               RMB _____ on _____, _____; RMB _____ on _____, _____;
               RMB _____ on _____, _____; RMB _____ on _____, _____;
               RMB _____ on _____, _____; RMB _____ on _____, _____.

               b) by a lump-sum repayment on the expiry date.

     5.   If the Lender requires repayment before maturity according to
          instruction of the Entrusting Party, the expiry date shall be deemed
          to be accelerated.

     6.   Upon reviewing and consent of the Entrusting Party, the Borrower may
          repay part or all principal of the Entrustment Loan in advance.

5.   INTEREST RATE OF LOAN AND INTEREST CALCULATION

     1.   During the term of the loan, the interest rate is ______
          (year/month/quarter) ________. [not applicable]

     2.   Through discussion between the parties, the ____ way of interest
          calculation is adopted for this loan: [not applicable]

               a)   to calculate on a monthly basis, which means, the interest
                    will be fixed on 20th of each month and the Borrower shall
                    pay interest to the Lender on a monthly basis and settle the
                    balance of interest on the expiry date;

               b)   to calculate on a quarterly basis, which means, the interest
                    will be fixed on 20th of the last month of each quarter and
                    the Borrower shall pay interest to the Lender on a quarterly
                    basis and settle the balance of interest on the expiry date;

               c)   to pay all interest on the expiry date; or

               d)   other way: _________________________________

     3.   Unless otherwise indicated by the Entrusting Party,

          for loan with a term less than one year (including one year), the
          contracted interest provided by this Agreement shall apply and such
          interest will not be adjusted when the statutory interest is adjusted;
          and

          for loan with a term more than one year, the interest shall be
          determined every year and the Lender shall apply the state statutory
          interest policy and adjust the contracted interest according to
          instruction of the Entrusting Party when the statutory interest is
          adjusted.

6.   PENALTY INTEREST AND COMPOUND INTEREST

     1.   If the Borrower does to use the loan for the purpose agreed under this
          Agreement or the Borrower fails to repay the loan on a timely basis
          and has

<PAGE>

          not achieved agreement with the Lender concerning extension (which
          constitutes a late repayment), the Lender shall be entitled to a
          penalty interest for the misused or overdue loan based on the penalty
          interest rate agreed under this Agreement. With respect to the
          interest that is not paid on time, the Lender shall be entitled to a
          compound interest based on the penalty interest rate as agreed under
          this Agreement.

     2.   If the Borrower fails to repay the loan on a timely basis and has not
          achieved agreement with the Lender concerning extension, which shall
          constitute an late repayment, the penalty interest rate shall be
          determined in the first way of the following:

               a)   the interest rate under this Agreement is a fixed rate and
                    the penalty interest and compound interest shall be
                    calculated based on a fixed rate during the overdue period.
                    The penalty interest rate shall be 50% higher than the
                    interest rate of the loan; or

               b)   the interest rate under this Agreement is a floating rate
                    and the penalty interest and compound interest shall be
                    calculated based on a floating rate during the overdue
                    period, with the same floating range. The penalty interest
                    shall be ____ higher than the interest of the loan. [not
                    applicable]

     3.   If the Borrower does not use the loan for the purpose agreed under
          this Agreement, which shall constitute a misuse of the loan, the
          penalty interest rate shall be determined in the first way of the
          following:

               a)   the interest rate under this Agreement is a fixed rate and
                    the penalty interest and compound interest shall be
                    calculated based on a fixed rate during the misusing period.
                    The penalty interest rate shall be 50% higher than the
                    interest rate of the loan; or

               b)   the interest rate under this Agreement is a floating rate
                    and the penalty interest and compound interest shall be
                    calculated based on a floating rate during the misusing
                    period, within the same floating range. The penalty interest
                    shall be ____ higher than the interest of the loan. [not
                    applicable]

     4.   The compound interest shall be calculated in the way as agreed under
          this Agreement.

7.   COMMISSION

The Lender charges a commission equal to 1%o of the amount lent. The commission
for the Entrustment Loan shall be paid by the Entrusting Party on a lump-sum
basis before draw-down of the loan.

8.   SECURITY [not applicable]

<PAGE>

The following agreements are security agreements for this Agreement

     1. ______________ (Name of the Agreement) numbered in __________, in the
form of _______, provided by ___________;

     2. ______________ (Name of the Agreement) numbered in __________, in the
form of _______, provided by ___________;

     3. ______________ (Name of the Agreement) numbered in __________, in the
form of _______, provided by ___________.

9.   OTHER RIGHTS AND OBLIGATIONS

     1.   The Entrusting Party shall transfer its funds consigned into the
          account of the Lender for entrustment loans on a timely basis. The
          Lender will not commence draw-down procedures until the funds of the
          Entrusting Party have been remitted into the account of the Lender for
          entrustment loans.

     2.   The funds for Entrustment Loan shall be obtained from legitimate
          sources and may not be credit-extending fund obtained from the Lender;
          otherwise the Entrusting Party shall bear legal liability
          correspondingly.

     3.   The Entrusting Party and the Borrower shall provide true documents,
          statements and certificates as required by the Lender.

     4.   The Borrower shall repay the principal and interest of this
          Entrustment Loan in the same currency as lent, unless otherwise agreed
          by the Entrusting Party and the Borrower.

     5.   The Lender shall be entitled to examine the production and operation
          of the Borrower at any time and the Borrower shall provide active
          cooperation.

     6.   Both the Entrusting Party and the Lender shall have the right to
          supervise the usage of the loan by the Borrower.

     7.   The Entrusting Party shall have the right to take corresponding
          actions in accordance with law or this Agreement to call back the loan
          before maturity or settle the principal and interest of the overdue
          loan and the Lender shall give assistance as necessary.

     8.   The Borrower hereby irrevocably authorizes the Lender to deduct
          relevant amount from its account to repay the principal and interest
          of this Entrustment Loan.

     9.   The Lender will not assume any risk under this Entrustment Loan and
          will not be involved in any dispute between the Entrusting Party and
          the

<PAGE>

          Borrower.

     10.  Unless otherwise agreed by the parties hereto, the Entrusting Party
          and the Borrower may not require the Lender to bear any other
          obligation or risk.

10.  BREACH OF AGREEMENT

     1.   If the Borrower is in breach of any provision under this Agreement or
          the Lender is unable to perform its obligation due to any reason
          attributable to the Borrower, the Borrower shall bear the following
          liability for its breach of Agreement to the Entrusting Party:

               a)   if the Entrustment Loan has not been drawn down, the
                    Entrusting Party shall have the right to terminate this
                    Agreement and cease draw-down of this Entrustment Loan;

               b)   if the Entrustment Loan has not been mature, the Entrusting
                    Party shall have the right to terminate this Agreement and
                    call back the principal and interest of the Entrustment Loan
                    before maturity;

               c)   if the Entrustment Loan has become overdue, the Entrusting
                    Party shall have the right to get overdue penalty interest;

               d)   if the Borrower misuses the Entrustment Loan, the Entrusting
                    Party shall have the right to get misusing penalty interest;

               e)   the Entrusting Party shall be entitled to take actions to
                    exercise its credit right and the expense for exercising the
                    credit right shall be born by the Borrower; and

               f)   the Entrusting Party shall have the right to require the
                    Borrower to indemnify its other economic loss.

     2.   If the Entrusting Party is in breach of any agreement under this
          Agreement or the Lender is unable to perform its obligation due to any
          reason attributable to the Entrusting Party, the Entrusting Party
          shall bear the following liability for its breach of agreement to the
          Borrower:

               a)   if the funds consigned are not drawn down on time, the
                    Entrusting Party shall promptly draw down the Entrustment
                    Loan; and

               b)   the Entrusting Party shall indemnify the economic loss of
                    the Borrower.

     3.   If the Lender is in breach of any provision under this Agreement, the
          Lender shall indemnify the Entrusting Party or the Borrower, as the
          case may be, its economic loss according to law.

11.  JURISDICTION

All disagreements or disputes related to this Agreement shall be submitted to
the people's court with jurisdiction of the place where this Agreement is
executed.

<PAGE>

12.  TERM OF AGREEMENT

This Agreement shall become effective when the following conditions have been
satisfied:

          a)   that the parties hereto have signed or sealed hereon; and

          b)   that in case of existence of security for this Agreement, the
               security agreement has become effective.

This Agreement shall expire automatically after the principal and interest
hereunder and other debts have been paid off.

13. COPIES

This Agreement is executed with three originals. Each party has one original.
The duplicates may be created if necessary.

14.  SUPPLEMENTARY PROVISIONS

     1.   The Entrusting Party may decide to extend the term of the loan for
          unlimited times. If the Entrusting Party decides to extend the term of
          the loan, the Lender and the Borrower must accept.

     2.   Without written consent of the Entrusting Party, the Borrower may not
          make repayment before maturity.

     3.   The Lender shall obtain written consent of the Entrusting Party in
          advance to deduct any amount from the account of the Borrower as
          repayment of the Entrustment Loan.

     4.   The Borrower shall keep itself exist legally and without consent of
          the Entrusting Party, may not cease its operation or cancel its
          registration;

     5.   Except the investment permitted by the Entrusting Party, without
          consent of the Entrusting Party, the Borrower may not engage in any
          lending, operation and/or investment activity or make any increase or
          decrease of registered capital;

     6.   All liquidation asset obtained by the Borrower from any of the
          companies it invests in shall be resold to the Entrusting Party in the
          price not higher than the price purchasing corresponding equity
          interest of such company and used to offset its loan of equal amount
          under this Entrustment Loan agreement. If such asset obtained from
          distribution is cash, such asset shall first be used to repay the loan
          under this Entrustment Loan agreement.

<PAGE>

ENTRUSTING PARTY:

Seal: /s/ Shenzhen Nepstar Pharmaceutical Co., Ltd.

Signature of Representative: /s/ Simin Zhang

June 13, 2007

LENDER:

Seal: /s/ Shenzhen Branch of Industrial Bank Co., Ltd.

Signature of Representative: /s/ Pinghong Dong

June 13, 2007

BORROWER:

Seal: /s/ Shenzhen Nepstar Management Consulting Co., Ltd.

Signature of Representative: /s/ Feng Tu

June 13, 2007

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