Document:

EXHIBIT 10.26

                         Dated the 1st day of June, 2000

                      OVM INTERNATIONAL HOLDING CORPORATION

                                       AND

                                  CHING LUNG PO

                           ---------------------------

                                SERVICE AGREEMENT

                           ---------------------------

<PAGE>

THIS AGREEMENT             is made the 1st day of June, 2000.

BETWEEN

(1)    OVM INTERNATIONAL HOLDING CORPORATION, a company incorporated in the
       State of Nevada; and

(2)    CHING LUNG PO (the "Director").

BY WHICH IT IS AGREED as follows:-

1.     Purpose and interpretation

       (A)    This Agreement sets out the terms and conditions upon and subject
              to which the Company agrees to employ the Director and the
              Director agrees to serve the Company as a Chief Executive Officer
              by providing the Company with the services hereinafter described.

       (B)    (1) In this Agreement, unless the context otherwise requires, the
              following words and expressions bear the following meanings:-

              "Appointment" the appointment of the Director as an executive
                            director of the Company as effected by Clause 2;

              "Board"       the board of directors for the time being of the
                            Company or the directors present at any meeting of
                            the Board duly convened and held;

              "Business"    the business carried on by the Group from time to
                            time;

              "Group"       the Company and its subsidiaries and associated
                            companies from time to time;

              "$"           Hong Kong dollars.

              (2)    References to Clauses and Schedule are references to the
                     clauses and schedule of or to this Agreement.

              (3)    References to the masculine gender include references to
                     the feminine gender and the neuter and vice versa.

              (4)    References to persons include references to individuals,
                     firms, companies, corporations and unincorporated bodies of
                     persons and vice versa.

              (5)    References to the singular number include references to the
                     plural and vice versa.

              (6)    The headings in this Agreement are for convenience only and
                     do not affect he interpretation hereof.

2.     Appointment and duties

       The Company shall employ the Director and the Director shall serve the
       Company as a Chief Executive Officer subject to and upon the terms
       hereinafter set out.

3.     Director's basic obligation

<PAGE>

       The Director hereby undertakes with the Company during the term of this
       Agreement to use his best endeavours to carry out his duties hereunder
       and to protect and promote the interests of the Group.

4.     Duration of the appointment

       Subject to Clause 7, this Agreement shall be for a term of two years
       commencing on 1st June, 2000 and shall continue thereafter unless and
       until terminated by either the Company or the Director giving to the
       other 3 months' notice in writing to determine the same, such notice to
       expire at any time on or after 1st June, 2002.

5.     Director's services

       The Director shall:-

       (1)    devote substantially the whole of his time, attention and skill to
              the discharge of duties of his office as a Chief Executive Officer
              of the Company;

       (2)    faithfully and diligently perform such duties and exercise such
              powers as are consistent with his office in relation to the
              Company and/or the Group;

       (3)    in the discharge of such duties and in the exercise of such powers
              observe and comply with all reasonable and lawful resolutions
              regulations and directions from time to time made or given by the
              Board;

       (4)    in pursuance of his duties hereunder perform such services for the
              Group and (without further remuneration unless otherwise agreed)
              accept such offices in the Group as the Board may from time to
              time reasonably require provided the same are consistent with his
              office;

       (5)    at all times keep the Board promptly and fully informed in
              connection with the performance of such powers and duties;

       (6)    as part of, and in the normal course of, his duties under this
              Agreement the Director will be concerned to carry on research into
              and development of the processes, products, designs, equipment,
              techniques and projects from time to time used, made or undertaken
              by the Group or which can be used, made or undertaken by the
              Group, and to invent, discover, design, develop or improve
              processes, products, designs, equipment and techniques for the
              benefit of and for use by the Group; and

       (7)    carry out his duties and exercise his powers jointly with another
              director or executive as may from time to time be appointed by the
              Board to act jointly with the Director and the Board may at any
              time require the Director to cease performing or exercising any of
              his duties or powers under this Agreement or pursuant to the
              bye-laws of the Company; and

       (8)    perform and exercise his duties and powers under this Agreement in
              any place in Hong Kong or any other part of the world as the Board
              may request or as the interests, needs, business and opportunities
              of the Company or other company in the Group will require or make
              advisable.

<PAGE>

6.     Remuneration and reimbursement

       (A)    From and after the execution of this Agreement, the Director shall
              receive during the term of this Agreement as stipulated herein:

              (1)    a base salary in the amount of HK$1,200,000 per annum, such
                     salary to accrue on a day to day basis and payable on a
                     monthly basis.

              (2)    bonuses as determined by the Board at its sole discretion
                     and in accordance with the Company policy.

       (B)    The Director shall be reimbursed all reasonable out-of-pocket
              expenses (including expenses of entertainment subsistence and
              travelling) properly and reasonably incurred by him on the Group's
              business which expenses shall be evidenced in such manner as the
              Board may require.

       (C)    The Director shall be entitled to participate in any and all stock
              option, stock bonus, pension, profit sharing, retirement or other
              similar plans adopted by the Company.

7.     Termination of the appointment

       (A)    Without prejudice to the accrued rights (if any) or remedies of
              either party under or pursuant to this Agreement:-

              (1)    the Director shall be entitled to terminate the Appointment
                     by 3 months' notice in writing to the Company if any money
                     payable by the Company to the Director under or pursuant to
                     this Agreement is not paid in full by the Company to the
                     Director within a period of 30 days from any written demand
                     by the Director for the payment thereof;

              (2)    the Company shall be entitled to terminate the Appointment
                     without any compensation to the Director:-

                     (a)    by not less than 3 months' notice in writing given
                            at any time while the Director shall have been
                            incapacitated or prevented by reason of ill health,
                            injury or accident from performing his duties
                            hereunder for a period of or periods aggregating 90
                            days in the preceding 12 months, provided that if at
                            any time during the currency of a notice given
                            pursuant to this sub-paragraph the Director shall
                            provide a medical certificate satisfactory to the
                            Board to the effect that he has fully recovered his
                            physical and/or mental health and that no recurrence
                            of illness or incapacity can reasonably be
                            anticipated the Company shall withdraw such notice;
                            or

                     (b)    by summary notice in writing if the Director shall
                            at any time:-

                            (1)    commit any serious or persistent breach of
                                   any of the provisions herein contained;

                            (2)    be guilty of any grave misconduct or wilful
                                   neglect in the discharge of his duties
                                   hereunder or refuse to carry out any
                                   reasonable and lawful order given to him by
                                   the Board in the course of his Appointment;
<PAGE>

                            (3)    become bankrupt or have a receiving order
                                   made against him or suspend payment or
                                   compound with his creditors generally;

                            (4)    become a lunatic or of unsound mind;

                            (5)    absent himself from the meetings of the Board
                                   during a continuous period of 3 months,
                                   without special leave of absence from the
                                   Board, and his alternate director (if any)
                                   shall not during such period have attended in
                                   his stead;

                            (6)    be guilty of conduct tending to bring himself
                                   or any company in the Group into disrepute;

                            (7)    being a director of the Company or otherwise,
                                   be prohibited by law from fulfilling his
                                   duties hereunder;

                            (8)    be convicted of any criminal offence (other
                                   than an offence which in the reasonable
                                   opinion of the Board does not affect his
                                   position as a director of the Company); or

                            (9)    improperly divulge to any unauthorized person
                                   any business secret or secret details of the
                                   organization, business or clientele of the
                                   Group.

       (B)    If the Company becomes entitled to terminate the Appointment
              pursuant to sub-clause 7(A)(2)(b) it shall be entitled (but
              without prejudice to its right subsequently to terminate the
              Appointment on the same or any other ground) to suspend the
              Director without payment of salary for so long as it may think
              fit.

       (C)    If the Director shall have refused or failed to agree to accept
              without reasonable grounds an appointment offered to him on terms
              no less favorable to him than the terms in effect under this
              Agreement, either by a company which has acquired or agreed to
              acquire the whole or substantially the whole of the undertaking
              and assets of the Company or which shall own or has agreed to
              acquire the whole or not less than 90% of the issued share capital
              of the Company, the Director shall have no claim against the
              Company by reason of the subsequent voluntary winding up of the
              Company or of the disclaimer or termination of this Agreement by
              the Company within 3 months after such refusal or failure to
              agree.

       (D)    On the termination of the Appointment howsoever arising the
              Director shall:-

              (1)    at any time and from time to time thereafter at the request
                     of the Company resign from office as a director of the
                     Company and all offices held by him in any company in the
                     Group and shall transfer without payment to the Company or
                     as the Company may direct any qualifying shares provided by
                     it and the Director hereby irrevocably appoints the Company
                     to be his attorney and in his name and on his behalf to
                     sign and do any documents or things necessary or requisite
                     to give effect thereto and a certificate in writing signed
                     by any director or by the secretary of the Company that any
                     instrument or act falls within the authority hereby

<PAGE>

                     conferred shall be conclusive evidence that such is the
                     case and any third party shall be entitled to rely on such
                     certificate without further enquiry provided however that
                     such resignation or resignations shall be given and
                     accepted on the footing that it is or they are without
                     prejudice to any claims which the Director may have against
                     any such company or which any such company may have against
                     the Director arising out of this Agreement or of the
                     termination of the Appointment;

              (2)    forthwith deliver to the Company all books, documents,
                     papers, materials, credit cards and other property of or
                     relating to the business of the Group which may then be in
                     his possession or under his power or control; and

              (3)    not at any time thereafter represent himself still to be
                     connected with the Company or any other company in the
                     Group.

       (E)    Save as expressly provided herein, neither party may terminate
              this Agreement. No delay and forbearance by the Company in
              exercising any such right of termination in Clause 7(A)(2) shall
              constitute a waiver of that right.

8.     Restrictions on the Director

       (A)    During the Appointment, the Director shall not be directly or
              indirectly engaged in or concerned with or interested in any
              business which is in any respect in competition with or similar to
              the Business.

       (B)    The Director shall not either during or after the termination of
              the Appointment without limit in point of time except authorized
              or required by his duties:-

              (1)    divulge or communicate to any person except to those of the
                     officials of the Group whose province it is to know the
                     same; or

              (2)    use for his own purpose or for any purpose other than that
                     of the Group; or

              (3)    through any failure to exercise all due care and diligence
                     cause any unauthorized disclosure of any secret
                     confidential or private information:-

                     (a)    relating to the dealings, organization, business,
                            finance, transactions or any other affairs of the
                            Group or its clients or customers; or

                     (b)    relating to the working of any process or invention
                            which is carried on or used by any company in the
                            Group or which he may discover or make during his
                            Appointment; or

                     (c)    in respect of which any company within the Group is
                            bound by an obligation of confidence to any third
                            party

                     but so that these restrictions shall cease to apply to any
                     information or knowledge which may become available to the
                     public generally without requiring a significant
                     expenditure of labour skill or money.

       (C)    The Director agrees that, for a period of six months after the
              expiry or the termination of the Appointment, he will not:-

<PAGE>

              (1)    engage or be engaged whether directly or indirectly in any
                     business which is in competition with or similar to the
                     Business or take employment with any person, firm, company
                     or organization engaged in or operating such business or
                     assist any such person, firm, company or organization with
                     technical, commercial or professional advice in relation to
                     such business;

              (2)    either on his own account or for any person, firm, company
                     or organization solicit or entice or endeavour to solicit
                     or entice away from any company within the Group any
                     director, manager or servant of any company in the Group
                     whether or not such person would commit any breach of his
                     contract of employment by reason of leaving the service of
                     the relevant company in the Group;

              (3)    directly or indirectly employ any person who has at any
                     time during the currency of the Appointment been a
                     director, manager or servant of or consultant to any
                     company in the Group and who by reason of such employment
                     is or may be likely to be in possession of such information
                     which if that person was the Director would be covered by
                     the confidential restrictions of this Clause 8; and

              (4)    either on his own account or for any person, firm, company
                     or organization solicit business from any person, firm,
                     company or organization which at any time the currency of
                     the Appointment has dealt with the Company or any other
                     company in the Group or which on the termination of the
                     Appointment is in the process of negotiating with the
                     Company or any such company in the Group in relation to the
                     Business.

       (D)    Since the Director may obtain in the course of the Appointment by
              reason of services rendered for or offices held in any other
              company in the Group knowledge of the trade secrets or other
              confidential information of such company, the Director hereby
              agrees that he will at the request and cost of the Company or such
              other company enter into a direct agreement or undertaking with
              such company whereby he will accept restrictions corresponding to
              the restrictions herein contained (or such of them as may be
              appropriate in the circumstances) in relation to such products and
              services and such area and for such period as such company may
              reasonably require for the protection of its legitimate interests.

       (E)    All notes, memoranda, records and writings made by the Director in
              relation to the Business or concerning any of its dealings or
              affairs or the dealings or affairs of any clients or customers of
              the Group shall be and remain the property of the Group and shall
              be handed over by him to the Company (or to such other company in
              the Group as the case may require) from time to time on demand and
              in any event upon his leaving the service of the Company and the
              Director shall not retain any copy thereof.

       (F)    While the restrictions contained in this Clause are considered by
              the parties to be reasonable in all the circumstances it is
              recognized that restrictions of the nature in question may fail
              for technical reasons unforeseen and accordingly it is hereby
              agreed and declared that if any such restrictions shall be
              adjudged to be void as going beyond what is reasonable in all the
              circumstances for the protection of the interests of the Company
              but would be valid if part of the wording thereof were deleted or
              the periods (if any) thereof were reduced the said restriction
              shall apply with such modifications as may be necessary to make it
              valid and effective.

<PAGE>

9.     Copyright and design right

       (A)    If during his employment hereunder the Director in the course of
              his normal duties or other duties specifically assigned to him
              (whether or not during normal working hours) wither alone or in
              conjunction with any other person

              (i)    originates any design (whether registrable or not) or other
                     work in which copyright or design right may subsist and/or

              (ii)   makes, discovers or produces any invention, process or
                     development

              he shall forthwith disclose the same to the Company and shall
              (subject to sub-clauses 9(B), 9(C) and 9(D)) regard himself in
              relation thereto as a trustee for the Company.

       (B)    The Director hereby agrees to assign wholly and absolutely the
              copyright, future copyright, design right and future design right
              and other proprietary rights if any for the full term thereof
              throughout the world in respect of all copyright works written,
              originated, conceived or made by the Director during the period of
              his employment to the Company to hold absolutely including the
              right to sue for damages for past infringements.

       (C)    The Director acknowledges that the Company shall be treated as the
              original proprietor of a design, where such design is created by
              him in the course of his employment.

       (D)    Any such invention, process or development will be the absolute
              property of the Company and the Director will, if and when
              required by the Company (whether during the continuance of his
              employment or afterwards) at its expense, apply or join with the
              Company in applying, for letter patent or other protection in any
              part of the world for any invention process or development.

       (E)    The Director agrees and undertakes that he will execute such deeds
              or documents and do all such acts and things as may be necessary
              or desirable to substantiate and maintain the rights of the
              Company in respect of the matters referred to in sub-clauses 9(A)
              to 9(D).

       (F)    The Director irrevocably appoints the Company as his attorney in
              his name and on his behalf to execute all documents and do all
              things required in order to give full effect to the provisions of
              this clause.

10.    Holidays

       The Director shall (in addition to normal public holidays) be entitled,
       at the discretion of the Company to 21 working days paid holiday in each
       year during the continuance of the Appointment to be taken as such time
       or times as the Board may approve.

11.    Waiver

       (A)    Time is the essence of this Agreement but no failure or delay on
              the part of either party to exercise any power, right or remedy
              hereunder shall operate as a waiver thereof, nor shall any single
              or partial exercise by either party of any power, right or remedy
              preclude any other or further exercise thereof or the exercise of
              any other power right or remedy by that party.

<PAGE>

       (B)    The remedies provided herein are cumulative and are not exclusive
              of any remedies provided by law.

12.    Notices

       All notices, requests, demands, consents or other communications to or
       upon the parties under or pursuant to this Agreement shall be in writing
       addressed to the relevant party at such party's address set out below (or
       at such other address as such party may hereafter specify to the other
       party) and shall be deemed to have been duly given or made:-

       (i)    in the case of a communication by letter 10 days (if overseas) or
              48 hours (if local) after despatch or, if such letter is delivered
              by hand, on the day of delivery;

       (ii)   in the case of a communication by telex or facsimile, when sent.

              The Company's address:   Room 2105, 21/F., West Tower,
                                       Shun Tak Centre, 200 Connaught Road C.,
                                       Hong Kong.

              The Director's address:  Room 1015, Block M, Telford Gardens,
                                       Kowloon Bay, Kowloon, Hong Kong

13.    Assignability

       This Agreement shall be binding upon and enure to the benefit of each
       party hereto and its successors and assigns and personal representatives
       (as the case may be), provided always that the Director may not assign
       his obligations and liabilities under this Agreement without the prior
       written consent of the Company.

14.    Relationship

       None of the provisions of this Agreement shall be deemed to constitute a
       partnership or joint venture between the parties for any purpose.

15.    Amendment

       This Agreement may not be amended, supplemented or modified except by a
       written agreement or instrument signed by or on behalf of the parties
       hereto.

16.    Severability

       Any provision of this Agreement prohibited by or unlawful or
       unenforceable under any applicable law actually applied by any court of
       competent jurisdiction shall, to the extent required by such law, be
       severed from this Agreement and rendered ineffective so far as is
       possible without modifying the remaining provisions of this Agreement.
       Where, however, the provisions of any such applicable law may be waived,
       they are hereby waived by the parties to the full extent permitted by
       such law to the end that this Agreement shall be a valid and binding
       agreement enforceable in accordance with its terms.

17.    Law and jurisdiction

       This Agreement shall be governed by and construed in all respects in
       accordance with the laws of the State of Nevada and the parties hereby
       submit to the non-exclusive jurisdiction of the courts of the State of
       Nevada.

<PAGE>

       IN WITNESS whereof this Agreement has been duly executed the day and year
first above written.

OVM INTERNATIONAL HOLDING CORPORATION

By:   /s/ Deng Xiao Qiang
      --------------------------------
      Name : Deng Xiao Qiong
      Title : Chief Financial Officer

/s/   Ching Lung Po
      ---------------------------------
      Ching Lung PoEXHIBIT 10.27

                              EMPLOYMENT AGREEMENT

THIS AGREEMENT CONTAINS A BINDING ARBITRATION PROVISION WHICH MAY BE ENFORCED BY
THE PARTIES.

         AGREEMENT, dated this 1st day of June 2000, by and between OVM
International Holding Corporation, a limited company incorporated in the State
of Nevada (the "Company"), and Wan Wai On (the "Employee")

Recitals

         WHEREAS, the Company is a limited company incorporated in the State of
Nevada which beneficially holds 70% interests in Liuzhou OVM Construction
Machinery Company Limited, a Sino-foreign joint venture company incorporated in
the People's Republic of China (the "PRC") which manufactures and sells
prestressing equipment, components and hardware used in the construction
industry.

         WHEREAS, the Company desires to retain the ongoing services of the
Employee, and the Employee desires to serve as the Corporate Secretary of the
Company or such capacities as the Company shall from time to time determine.

         WHEREAS, the Employee is, and will be, employed by the Company in a
confidential relationship wherein the Employee, in the course of his employment
with the Company, has, and will, become familiar with and aware of information
as to the specific manner of doing business and the customers of the Company and
its affiliates and future plans with respect thereto, all of which has been
established and maintained, and will be established and maintained, at great
expense to the Company.

         WHEREAS, the Employee recognizes that the Company's business is
dependent upon a number of trade secrets, the protection of which is of critical
importance to the Company.

         WHEREAS, the Company will sustain great loss and economic damage if
during the term of this Agreement or the Employee's employment with the Company,
or for a period of one (1) year immediately following the termination of the
Agreement or the Employee's employment, for any reason, the Employee should
violate the provisions of Paragraphs 3 or 4 of this Agreement.

         WHEREAS, monetary damages for such losses would be extremely difficult
to measure.

         WHEREAS, the Company and the Employee desire to formally evidence their
relationship and the terms of employment.

         NOW, THEREFORE, in consideration of the mutual promises, terms,
covenants and conditions set forth herein, and the performance of each, it is
hereby agreed as follows:

                                    ARTICLE 1
Employment and Duties

         1.01 Employment. The Company hereby employs the Employee in such
positions as may be assigned to the Employee or may be taken from the Employee
from time to time at the discretion of the Board of Directors ("Board") of the
Company. The Employee hereby accepts his employment upon the terms and
conditions herein contained and agrees to devote his time, attention and efforts
to promote and further the business and services of the Company. The Employee
shall faithfully adhere to, execute and fulfill all policies established by the
Company.

<PAGE>

         1.02 Duties. The Employee shall perform such duties, assume such
responsibilities and devote such time, attention and energy to the business of
the Company as the Board shall from time to time require and shall not, during
the term of his employment hereunder, be engaged in any other business activity
pursued for gain, profit and other pecuniary advantage if such activity
interferes with the Employee's duties and responsibilities hereunder. However,
the foregoing limitations shall not be construed as prohibiting the Employee
from making personal investments in such form or manner as will neither require
his services in the operation or affairs of the companies or enterprises in
which such investments are made nor violate the terms of Paragraphs 3 or 4
hereof. The Employee is further expressly authorized to provide services to, be
employed by, and receive compensation from any of the Company's affiliates;
provide, however, that such services hereunder, and provided further that any
such services do not violate the provision Paragraphs 3 or 4 hereof.

         1.03 Custody of Company Funds. All funds received by the Employee on
behalf of the Company, if any, shall be held in trust for the Company and shall
be delivered to the Company as soon as practical after receipt.

                                   ARTICLE II
Compensation

         2.01 Base Salary. From and after the execution of this Agreement, the
Company shall pay a base salary to the Employee in the amount of HK$480,000 per
year, payable on a monthly basis. The base salary shall be adjusted on each
anniversary during the term of this Agreement to reflect the change in the
Consumer Price Index since the previous anniversary or by such greater amount as
the Board of Directors may determine.

         2.02 Expenses Reimbursement. The Company shall reimburse the Employee
for all reasonable travel, entertainment and other expenses related to his
employment by, or promotion of, the Company, the Employee shall provide a
written accounting and explanation of all expenses for which reimbursement is
sought on a monthly basis and the Company shall reimburse all such expenses
within ten (10) days following receipt of each written accounting.

         2.03 Bonuses. The Employee shall be entitled to such bonuses as the
Bard shall determine from time to time in accordance with Company policy and at
the sole discretion of the Board.

         2.04 Plan Participation. The Employee shall be entitled to participate
tin any and all stock option, stock bonus, pension, profit sharing, retirement
or other similar plans adopted by the Company or its parent company.

                                   ARTICLE III
              Non-Disclosure Agreement and Proprietary Information.
              -----------------------------------------------------

         3.01 Proprietary Information. The Employee recognizes and acknowledges
that the information, techniques, processes, developments, work in progress,
business, list of the Company's customers and any other trade secret or other
secret or confidential information relating to Company's businesses as they may
exist from time to time, are valuable, special and unique assets of Company's
business. In addition, the Employee recognizes that the Company is continually
engaged in research, design and development of new products and innovations and
improvements to the information, techniques, processes, development trade
secrets, and other secrets and confidential matters relating to the Company's
businesses. Therefore, the Employee agrees as follows:

<PAGE>

         A.       That the Employee will hold in strictest confidence and not
                  disclose, reproduce, publish or use in many manner, whether
                  during or subsequent to his employment, without the express
                  authorization of the Board of Directors of the Company, any
                  information, design, manufacturing technique, process,
                  business customer lists, trade secrets or any other secrets or
                  confidential matter relating to any aspect of Company's
                  business as designated from time to time by the Board of
                  Directors of Company, except as such disclosure or use may be
                  required in connection with Employee's work for the Company.

         B.       That upon request or at the time of leaving the employ of the
                  Company the employee will deliver to the Company, and not keep
                  or deliver to anyone else, any and all notes, memoranda,
                  documents and, in general, any and all material relating to
                  the Company's business.

         C.       That the Board of Directors of the Company may from time to
                  time designate other subject matters requiring confidentiality
                  and secrecy which shall be deemed to be covered by the terms
                  of this Agreement. However, any such matters must be mutually
                  agreed upon by both the Board and the Employee.

         3.02 Breach. In the event of a breach or threatened breach by the
Employee of the provisions of Paragraph 3.01, the Company shall be entitled to
an injunction:

         A.       Restraining the Employee from disclosing, in whole or in part,
                  any information described in Paragraph 3.01 or from rendering
                  any services to any person, firm, corporation association or
                  other entity to whom such information, in whole or in part,
                  ahs been disclosed or is threatened to be disclosed; and/or

         B.       Requiring that the Employee deliver to the Company all
                  information, documents, notes, memoranda any and all
                  discoveries or other material as described above upon the
                  Employee's leave of the employment of the Company. Nothing
                  herein shall be construed as prohibiting the Company from
                  pursuing other remedies available to the Company for such
                  breach or threatened breach, including the recovery of damages
                  from the Employee.

                                   ARTICLE IV
Terms; Terminations

         4.01 Term. This Agreement shall be for a term of two (2) years
commencing on 1st June, 2000 and shall continue thereafter unless and until
terminated by either the Company or the Employee as herein provided.

         4.02 Termination. This Agreement and Employee's employment may be
terminated in any one of the following ways:

         A.       The death of Employee shall terminate the Agreement.

         B.       The Employee shall be entitled to terminate the Agreement by 3
                  months' notice in writing to the Company if any money payable
                  by the Company to the Employee under or pursuant to this
                  Agreement is not paid in full by the Company to the Employee
                  within a period of thirty (30) days from any written demand by
                  the Employee for the payment thereof.

<PAGE>

         C.       The Company may terminate the Agreement after thirty (30) days
                  written notice to Employee for good cause, including, but
                  without limitation (i) the Employee's material breach of this
                  Agreement; (ii) the material default of the Company or its
                  affiliates in performing their obligations under contacts with
                  other persons or business entities if directly caused by
                  Employee; (iii) if, because of illness or physical or mental
                  disability or other incapacity which continues for a period in
                  excess of six (6) months, the Employee is unable to perform
                  his duties under this Agreement; (iv) the Employee's fraud
                  with respect to the business or affairs of the Company or its
                  affiliates or if the Employee is convicted of a felony; or (v)
                  alcohol or drug abuse by the Employee.

         D.       This Agreement will be terminated upon (i) the sale by the
                  Company of all or substantially all of its assets to a bona
                  fide third party purchaser(s); (ii) the sale, exchange or
                  disposition in one transaction of fifty percent (50%) or more
                  of the outstanding voting securities of the Company to a bona
                  fide third party purchaser; (iii) a bona fide decision by the
                  Company to terminated its business and liquidate its assets;
                  or (iv) the merger or consolidation of the Company in a
                  transaction wherein the shareholders of the Company hold less
                  than fifty percent (50%) of the post-transaction shares of the
                  surviving entity.

         4.03 Rights of Termination; Severance Payments. Upon termination of
this Agreement and the Employee's employment, the Employee shall be entitled to
receive all compensation earned under this Agreement to the date of termination.
In the event of termination pursuant to Paragraph 4.02C, the Employee shall be
entitled to, and the Company shall pay the Employee, severance pay in al amount
equal to one years' pay payable within 10 days of termination.

         In the event of termination of this Agreement for any reason provided
in this Article V, other than Paragraph 4.02C or if the Employee resigns prior
to this expiration of the term of this Agreement, except as provided above, all
rights and obligations of the Company and Employee under this Agreement shall
cease immediately, except that the Employee's obligations under Paragraph 3.01,
3.01 and 4.01 herein shall survive such termination and thereafter Employee
shall have no right to receive any compensation hereunder except as set forth in
this Paragraph, or to the extent Employee is prohibited from competing under
3.01, compensation shall continue for the non-compete period.

                                    ARTICLE V

Representations of the Employee

         The Employee has represented and hereby represents and warrants to the
Company that he is not subject to any restriction or non-competition covenant in
favor of a former employer or any other person or entity and that the execution
of this Agreement by the Employee and his employment by the Company or its
affiliates and the performance of his duties hereunder will not violate or be a
breach of any agreement with former employer or any other person or entity.
Further, the Employee agrees to indemnify the Company and its affiliates for any
claim, including, but not limited to, attorney's fees and expenses of
investigation, by any such third party that such third party may now have or may
hereafter come to have against the Company or its affiliates based upon or
arising out of any non-competition agreement or invention and secrecy agreement
between the Employee and such third party.

<PAGE>

                                   ARTICLE VI
Holidays

         The Employee shall (in addition to normal public holidays) be entitled,
at the discretion of the Company to 21 working days paid holiday in each year
during the term of his employment as such time or times as the Company may
approve.

                                   ARTICLE VII
Miscellaneous

         7.01 Complete Agreement. This Agreement is not a promise of future
employment. There are no oral representations, understandings or agreements with
the Company or any of its officers, directors or representatives covering the
same subject matter as this Agreement. This written Agreement is the final,
complete and exclusive statement and expression of the agreement between the
Company and the Employee and of all the terms of this Agreement and it cannot be
varied, contradicted or supplemented by evidence of any prior or contemporaneous
oral or written agreements. Furthermore, this Agreement supersedes any and all
prior agreements. This written agreement may not be later modified except by a
further writing signed by the Company and the Employee, and no term of this
Agreement may be waived except by writing signed by the party waiving the
benefit of such terms.

         7.02 No Waiver. No waiver by the parties hereto of any default or
breach of any term, condition or covenant of this Agreement shall be deemed to
be a waiver of any subsequent default or breach of the same or any other term,
condition or covenant contained herein.

         7.03 Assignment; Binding Effect. Employee understands that he has been
selected for employment by the Company on the basis of his personal
qualifications, experience and skills. The Employee agrees, therefore, that this
Agreement and the rights to his services may be assigned by the Company to
another member of the Company's affiliated group at any time without notice to
him, but that he cannot assign all or any portion of this Agreement. Subject to
the preceding two sentences, this Agreement shall be binding upon and inure to
the benefit of the parties hereto and their respective heirs, successors and
assigns. It is further understood and agreed that the Company may be merged or
consolidated with another entity and that any such entity shall automatically
succeed to the rights, powers and duties of the Company hereunder.

         7.04 Notice. Whenever any notice is required hereunder, it shall be
given in writing addressed as follows:

         To the Company: Room 2105, 21/F., West Tower, Shun Tak Centre, 200
Connaught Road C., Hong Kong.

         To the Employee: 15A, 15/F., Tai Ping Mansion, 208-214 Hollywood Road,
Hong Kong.

         Notice shall be deemed given and effective ten (10) days (if overseas)
or three (3) days (if local) after the deposit in the mail of a writing
addressed as above and sent first class mail, certified, return receipt
requested, or when actually received. Either party may change the address for
notice by notifying the other party of such change in accordance with this
Section 7.04.

         7.05 Severability; Headings. If any portion of this Agreement is held
invalid or inoperative, the other portions of this Agreement shall be deemed
valid and operative and, so far as is reasonable and possible, effect shall be
given to the intent manifested by the portion held invalid or inoperative. The
paragraph headings herein are for reference purposes only and are not intended
in any way to describe, interpret, define or limit the extent or intent of this
Agreement or of any part hereof.

<PAGE>

         7.06 Arbitration. Any controversy or claim arising out of or relating
to this Agreement or the breach thereof shall be settled by arbitration in the
State of Nevada.

         7.07 Governing Law. This Agreement shall in all respects be construed
according to the laws of the State of Nevada.

         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
day and date herein first set forth.

OVM INTERNATIONAL HOLDING CORPORATION

By:    /s/ Ching Lung Po
       --------------------------
       Name: Ching Lung Po
       Title : Chairman

EMPLOYEE:

/s/ Wan Wai On
---------------------------------
Wan Wai On

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