Document:

Exhibit
      10.5

    Technical
      Cooperation Agreement

    

    Party
      A:
      Jinzhou Halla Electrical Equipment Co., Ltd (referred to as JHECO)

    

    Party
      B:
      MEISTER (Korea) Company Limited (referred to as MEISTER)

    

    Whereas
      the parent company of MEISTER, Mando Machinery Corporation has transferred
      its
      100% shares in JHECO to Jinzhou Wonder Industrial (Group) Co. Ltd (referred
      to
      as Wonder), the two parties reached agreements on technical cooperation as
      follows:

    

    	1.  	
            The
              Party A shall continue to employ personnel originally assigned by Party
              B
              as the managers of R & D department and financial planning department
              respectively. The term is five (5) years. However, the extension of
              term
              of financial planning department manager shall be subject to evaluation
              each year by both parties.

          

    

    The
      Party
      A shall pay Party B USD140,000 as technical allowance. This annual USD140,000
      allowance shall be paid monthly.

    

    	2.  	
            This
              Agreement shall become effective upon the date of execution, but the
              payment pursuant to Article 1 shall be calculated based on the duration
              starting from May 1st,
              2003.

          

    

    	3.  	
            Apart
              from the technical allowance stipulated in Item 1, the employed personnel
              of Party B shall be entitled benefits in accord with which were enjoyed
              previously.

          

    

    	4.  	
            This
              Agreement can be terminated upon consent of both parties. In case one
              party breaches this Agreement materially, the other non-breaching party
              shall be entitled to terminate this Agreement. Party A shall pay Party
              B
              all the payables due before termination of this
              agreement.

          

    

    	5.  	
            The
              payment involved in this Agreement shall not include any tax or deduction,
              if so, the tax and deduction shall be in Party A’s
              account.

          

    

    	6.  	
            Wonder
              shall provide Party B’s personnel with necessary support to ensure their
              full performance in JHECO.

          

    

    	7.  	
            This
              Agreement has four (4) originals, two (2) for each
              party.

          

    

    Party
      A:
      Jinzhou Halla Electrical Equipment Co. Ltd

    /s/
      Zhao Qingjie

    

    Party
      B:
      MEISTER Corporation

    /s/Tae
      Ho Yoon 

     

    
      
         

      

      
        1Exhibit
      10.6

     

    Strategic
      Cooperation Agreement

     

    Party
      A:
      Jinzhou Halla Electrical Equipment Co., Ltd. (China) 

    Party
      B:
      HIVRON Inc. (Korea)

    

    For
      the
      past two years affiliated with each other, the Party A and Party B have
      cooperated on projects of mutual interests and both parties satisfied with
      the
      results. The following Strategic Cooperation Agreement has been reached after
      sincere and friendly discussion:

    

    
      	1.	Party A has systematically researched
              and
              developed its present and future products, and formed its own intellectual
              property rights supporting competitiveness of its products.
	 	 
	2.	Party B has been providing with chips
              for
              alternator rectifier and regulator to Party A's Korean supplier and
              Chinese supplier.
	 	 
	3.	Party
              A and Party B will go on unanimous action on the above-mentioned
              cooperation, and carry out further joint research and development on
              chips
              for Party A's advanced products.
	 	 
	4.	
              Party
                B shall carry out chip study, design and
                manufacture chips according to requirement from Party A. The products
                developed for Party A shall be purchased by designated Party A's
                supplier
                by Party A. Party B agrees that competitive prices shall be given
                to Party
                A's supplier on chip products. Party B promises that no jointly developed
                chip products to be supplied to Party A's competitors.

            
	 	 
	5.	
              Party
                A will provide its new products' information and specifications to
                Party B
                timely in accord with its competition strategy. Party A agrees that
                instruct its suppliers to purchase products developed for Party A
                from
                Party B will be first priority.

            
	 	 
	6. 	Party A and Party B agree to maintain
              long
              term strategic partnership, jointly ensuring Party A's products to
              have
              the largest market share in China in the future a few years, and to
              export
              to global market. Party A and Party B agree to bear its own costs incurred
              during joint development. Party 13 will benefit from providing chips
              to
              Party A's supplier regarding to the increasing market share of Party
              A.
              The research achievement shall be owned by the practicing parties,
              while
              Party A is entitled to use Party B's know-how formed during joint
              development free of charge.
	 	 
	7.	Party A shall support Party B to set
              up joint
              venture in Jinzhou China once conditions permit, so as Party B can
              manufacture developed products for Party A in China to Party A's supplier.
              Though no investment from Party A, Party A shall responsible to assist
              Party B in finding adequate partners of the joint venture, further
              strengthen the strategic partnership.
	 	 
	8. 	
              Party
                A agrees Party B to be named Jinzhou Halla Electrical Equipment chips
                Research Centre (non-legal person
                organization).

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	9. 	
              The
                two parties agree, unless damages incurred on purpose, no trace
                investigation responsibility or interest on counter party for the
                past
                cooperation at any time. Both parties promise that know-how acquired
                from
                cooperation, development, and research shall be kept
                confidential.

            
	 	 
	10.	Unstated
              matters shall be settled by discussion of the two parties.
	 	 
	11.	This agreement is written in English
              in two
              copies.
	 	 
	 	 

    

     

     

     

    Party
      A: Jinzhou Halla Electrical Equipment Co., Ltd. (China) 

    Seal

    

    Party
      B: HIVRON Inc.

    Seal

    

    Date:
      June 7, 2004

    

    
      
         

      

      
        2Exhibit
      10.7

    

    Form
      of Purchase Contract with Supplier

    Amount_________________

    REF
      #
      _________________

     

    
      	Purchaser	 	Jinzhou Halla Electrical Equipment Co.,
              Ltd.
	Seller	 	____________________________________

    

     

    

      
        	
                Item

              	
                 

              	
                Clause

              	
                 

              	
                Description

              	
                 

              
	
                1

              	
                 

              	
                Production
                  standard

              	
                 

              	
                Manufactured
                  strictly in accord with what is required in drawings provided by
                  the
                  purchaser

              	
                 

              
	
                2

              	
                 

              	
                Regular
                  orders

              	
                 

              	
                For
                  details one shall read the monthly executed order by both parties
                  for
                  information regarding quantity and delivery date

              	
                 

              
	
                3

              	
                 

              	
                Delivery

              	
                 

              	
                Seller
                  shall deliver in time to designated warehouse. Any damages caused
                  by
                  collision, wet and corrosion shall be the Seller's
                  responsibility

              	
                 

              
	
                4

              	
                 

              	
                Packing

              	
                 

              	
                Strictly
                  in accord with Purchaser's specification

              	
                 

              
	
                5

              	
                 

              	
                Acceptance

              	
                 

              	
                To
                  be accepted in accord with drawings and mutual-agreed
                  standard

              	
                 

              
	
                6

              	
                 

              	
                Notice
                  and breaches

              	
                 

              	
                In
                  case the Seller cannot deliver the product in time, a written notice
                  shall
                  be sent to the Purchaser twenty (20 ) days in advance, while a
                  notice
                  shall be sent to the purchaser two (2) months in advance if Seller
                  stops
                  its supply. And a six (6) months extension of supply may required
                  when the
                  substitute supplier cannot satisfy Purchaser's demand

              	
                 

              
	
                7

              	
                 

              	
                Payment
                  Method

              	
                 

              	
                The
                  Seller shall make the payment sixty (60) days after the purchased
                  item is
                  placed in the storehouse. The payment will be made by wire transfer
                  and
                  the amount of wire transfer shall constitute 40-50% of the
                  payment.

              	
                 

              
	
                8

              	
                 

              	
                Responsibility

              	
                 

              	
                The
                  delivery from Seller shall meet quality, quantity and time requirement
                  of
                  the Purchaser. Any damages to Purchaser's production caused by
                  delayed
                  delivery or poor goods quality shall be in the Seller's
                  account.

              	
                 

              
	
                9

              	
                 

              	
                Confidentiality

              	
                 

              	
                Any
                  design or technical specifications and inspection standards shall
                  be kept
                  in secret and cannot be disclose to any third parties

              	
                 

              
	
                10

              	
                 

              	
                Exclusivity

              	
                 

              	
                The
                  Seller shall not provide contracted products to any third
                  parties.

              	
                 

              
	
                11

              	
                 

              	
                Punishment

              	
                 

              	
                If
                  the Seller sold the contracted products to any third parties, the
                  penalty
                  will be RMB10.000 Yuan or 1.5 times of the breaching value whichever
                  is
                  larger

              	
                 

              

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

       

      
        	
                12

              	
                 

              	
                Ownership
                  of drawings and

              	
                 

              	
                The
                  Purchaser has the ownership of the design and technical information
                  of the
                  contracted products. Once this contract is terminated, the Seller
                  shall
                  return these design and technical information and can not sell
                  the
                  contracted products or products made by using the Purchaser's technology
                  to any third parties. A charge at the amount of 1.5 times of the
                  sale
                  price may be impose on Seller by the Buyer if the Buyer breaches
                  the
                  contract.

              	
                 

              
	
                13

              	
                 

              	
                others

              	
                 

              	
                Other
                  matters will be decided in compliance with "Economic Contract Law"
                  and
                  relevant regulations The term of this contract is from ____________to
                  __________

              	
                 

              

      

       

    

    Buyer:
      Jinzhou Halla Electrical Equipment, Co., Ltd.            
Seller:
      ________________

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