Document:

<PAGE>

                                                                   EXHIBIT 10.22

Money Journal was published pursuant to this agreement previously but this
agreement is no longer used for publication of Money Journal.

                                                                     Translation

                                    CONTRACT

Party A: Guangzhou Jingyu Culture Development Co., Ltd.

Party B: Beijing Qiannuo Advertising Co., Ltd.

     Through amicable negotiation on the basis of equality and mutual benefit,
the parties have reached the following agreement in connection with cooperation
on Weekend Arts:

I.   Party A's Responsibilities, Obligations and Rights

     1.   Authorized by Zhou Mo Wen Hui, Party A entrusts Party B to coordinate
          and support the preliminary collection, editing and proofreading of
          the contents in each issue of publications (with a total of 24 issues
          a year, supplements excluded) of Zhou Mo Wen Hui within the contract
          term; entrusts Party B to carry out printing and production of the
          contents, formats, and covers of the aforesaid publications; and
          authorizes Party B to autonomously carry out the printing, issuing and
          advertising businesses of each publication of Zhou Mo Wen Hui within
          the contract term in the precondition that Party B complies with state
          policies and statutes and undertakes all related economic, social and
          legal obligations thereof.

     2.   Party A shall provide corresponding documents for printing and issuing
          Zhou Mo Wen Hui within the contract term.

II.  Party B's Responsibilities, Obligations and Rights

     1.   Zhou Mo Wen Hui is entitled to rights of final review, final
          amendments and final revisions of all articles (four-cover, format,
          advertisement, copyright recording included). Party B shall send the
          review letter enclosed in the email to Zhou Mo Wen Hui (letter sample
          shall be sent by express mail afterwards), and Party B should respect
          Zhou Mo Wen Hui' opinions on supplement or deletion of articles,
          editing and amendments to articles. Zhou Mo Wen Hui shall finish the
          final review within one day after receiving the email of all articles
          and fax the signed review letter to Party B for confirmation. Without
          the examination by Zhou Mo Wen Hui, articles are forbidden to be
          delivered for printing. Otherwise the contract shall be terminated and
          Party B shall be

<PAGE>

          held liable to all the consequences. The articles submitted to Zhou Mo
          Wen Hui for final examination should meet the state publishing
          standards completely, with the word error rate not exceeding one
          ten-thousandth.

     2.   Party B has the right to autonomously carry out various kinds of work
          entrusted or authorized by Zhou Mo Wen Hui. Party B shall bear all the
          expenditures for equipment, places, materials (office utilities,
          computer consumables, printing paper etc.), labor cost (contribution
          fee, design fee, staff salary, bonus, and welfare, pre-print
          production ) and printing to carry out the work, and undertake all the
          economic, social and legal obligations concerning the taxation of
          various jobs and businesses and the disputable problems including
          settlement of copyright, advertisement, taxation, trademark right that
          might arise. Party B's work shall comply with the state policies and
          laws of China, and author remuneration shall be timely paid according
          to state standard.

     3.   From October 2005 to December 2005, Party B will pay Party A the
          expenses of RMB twenty four thousand even (RMB24,000) for final
          review, editing and proofreading work, and expenses of RMB one hundred
          and twenty-five thousand even (125,000) for production, operation and
          development work. The aforesaid sum shall be paid once and for all
          prior to September 10, 2005.

          From Year 2006 to Year 2020, Party B shall pay RMB ninety-six thousand
          even (RMB 96,000) to Party A for final review, editing, and
          proofreading work each year.

          From Year 2006 to Year 2010, Party B shall pay RMB five hundred
          thousand even (RMB 500,000) to Party A for production, operation and
          development work each year.

          From Year 2011 to Year 2015, Party B shall pay RMB five hundred and
          sixty thousand even (RMB 560,000) to Party A for production, operation
          and development work each year.

          From Year 2016 to Year 2020, Party B shall pay RMB six hundred
          thousand even (RMB 600,000) to Party A for production, operation and
          development wrok each year.

          The above-mentioned expenses for final review, editing, and
          proofreading, and production, operation and development work for each
          year shall be paid off in two equal installments on December 1st of
          previous year and June 1st of that year, i.e. each installment
          accounts for 50% of the total sum for the year. As Zhou Mo Wen Hui is
          concerned, from the date the contract comes into force, all the profit
          generated from the operation by Party B, except for the agreed

<PAGE>

          sum to be turned in to Party A, shall belong to Party B; in case of
          deficit occurred within the contract term, all the deficit shall be
          shouldered by Party B, while the payments to Party A shall be fully
          paid on schedule.

     4.   Party B shall offer 100 samples of each issue of Zhou Mo Wen Hui to
          Zhou Mo Wen Hui and should deliver them from Guangzhou to Yinchuan
          within 3 days from the date of printing completion with postages
          covered by Party B.

     5.   Party B is not allowed to carry out any other production and operation
          activities related to Zhou Mo Wen Hui without permission of Zhou Mo
          Wen Hui.

III. Cooperation Term: From October 2005 to December 2020.

IV.  Contract Modification, Liability for Breach of Contract and Dispute
     Settlement

     1.   Both parties should reach common ground regarding the amendments,
          modification or cancellation of contract, and should reach a written
          resolution.

     2.   Within the cooperation term, in the case that this contract cannot be
          completely fulfilled due to breach by either party, the breaching
          party should inform the breached party in writing six months in
          advance, so that the breached party can look for a new partner and
          cooperation mode.

V.   This Contract is made in duplicate. The contract shall come into force upon
     the signatures and seals affixed by both parties.

Party A: Guangzhou Jingyu Culture Development Co., Ltd. [Company chop of
Guangzhou Jingyu Culture Development Co., Ltd.]

/s/
----------------------------------------

Date: September 25, 2005

Party B: Beijing Qiannuo Advertising Co., Ltd.

/s/ Fan Cho Tak Alex
----------------------------------------

Date:
      ------------------<PAGE>

                                                                   EXHIBIT 10.23

                          SHANDONG SANLIAN GROUP CO LTD

                                       AND

                             XINHUA FINANCE LIMITED

                                       AND

                         ECONOMIC OBSERVER PRESS OFFICE

                                       AND

                 BEIJING JINGGUAN XINCHENG ADVERTISING CO., LTD

                                   ----------

                              AMENDED AND RESTATED
             INFORMATION CONSULTING COMMITTEE ORGANIZATION AGREEMENT

                                   ----------

                                6TH NOVEMBER 2006

                                     BEIJING

<PAGE>

                                     CONTENT

<TABLE>
<S>                                                                         <C>
DEFINITION...............................................................

ESTABLISHMENT OF THE COMMITTEE AND ITS FUNCTION..........................

FORMATION AND RULE OF PROCEDURE..........................................

EXPENDITURE..............................................................

DISSOLVE.................................................................

EFFECT, MODIFICATION AND TERMINATION.....................................

GOVERNING LAW AND DISPUTE RESOLUTION.....................................

NOTICE...................................................................

MISCELLANEOUS............................................................
</TABLE>

0621007/JW/LC/SZDY/D9                                       [Chinese Characters]

<PAGE>

             INFORMATION CONSULTING COMMITTEE ORGANIZATION AGREEMENT

     This Information Consulting Committee Organization Agreement (the
"AGREEMENT") is entered into by ad between the following parties on 6th
November, 2006 in the People's Republic of China ("PRC"):

PARTY A:   Shandong Sanlian Group Co Ltd ("SANLIAN")
           Registered address: No. 12, Baotuquan Road (North), Jinan, Shandong
           Province, PRC

PARTY B:   Xinhua Finance Limited ("XFL")
           Registered Address: Century Yard, Cricket Square, Hutchins Drive,
           P.O. Box 2681GT, George Town, Grand Cayman, British West Indies.

PARTY C:   Economic Observer Press Office ("EOPO")
           Registered Address: Gao Er Government, Li Cheng District, Jinan,
           Shandong PRC

PARTY D:   Beijing Jingguan Xincheng Advertising Co., Ltd ("JGXC")
           Registered Address: 18-C66 Jianshe Road, Kai Xuan Avenue,
           Liang Xiang, Fangshan District, Beijing, PRC

WHEREAS:

1.   EOPO is a publishing office established under PRC laws and is a legal
     entity registered in Shandong Enterprise Registration Administration
     Bureau. EOPO is in charge of the operations of the "Economic Observer" (see
     definition as below).

2.   SANLIAN and XFL intend to set up an information consulting committee
     ("COMMITTEE") which shall provide the constructive views to the "Economic
     Observer".

3.   SANLIAN, XFL, EOPO and JGXC entered the Information Consulting Committee
     Organization Agreement on May 10th, 2006 in Beijing, PRC.

     Therefore, following friendly consultations, all Parties hereby agree to
amend and restate the Information Consulting Committee Organization Agreement
and enter into this amended and restated agreement in accordance with the
applicable PRC laws:

                                        1

<PAGE>

                                   DEFINITION

     Unless otherwise to the contrary or as requested in the context of this
Agreement, the following wording has the definition as given below.

1.1  "Parties" mean SANLIAN, EOPO, XFL and JGXC.

1.2  "Economic Observer" means the newspaper currently named "Economic
     Observer", its successor or substitute, and any other publications
     primarily focusing on finance and economic area, in whatever form including
     without limitation paper or electronic publications, together with any or
     all of the supplements, attachments, pamphlet or other derivative thereof,
     as published or issued from time to time by EOPO.

1.3  "Committee" refers to the meaning set forth in Section 2 hereof.

1.4  "Party" means any of SANLIAN, XFL, EOPO and JGXC.

1.5  "PRC" means the Peoples' Republic of China (for the purpose of this
     Agreement, excluding Hong Kong SAR, Macau SAR and Taiwan).

                 ESTABLISHMENT OF THE COMMITTEE AND ITS FUNCTION

2.1  Both SANLIAN and XFL agree to establish the Committee as of the date of
     signing of this Agreement or the date as additionally agreed in writing by
     Parties. The function of the Committee is to provide proposals and views on
     the editorial, content, looks and format related matters of the Economic
     Observer, to hold discussions with EOPO and to provide consultancy to EOPO.

2.2  In the event that EOPO does not accept the proposals, views, instructions
     or consulting results of the Committee, the Committee is entitled to
     directly report to the board of JGXC and EOPO and such relevant issues as
     raised by the Committee would be resolved by the board of JGXC provided
     that EOPO retain the final approval right on the editorial and content
     issues of Economic Observer in accordance with PRC laws.

2.3  Any proposals and consulting made by the Committee shall not be in
     contravention of

                                        2

<PAGE>

     PRC laws.

                       FORMATION AND THE RULE OF PROCEDURE

3.1  The Committee comprises of eight members and each of SANLIAN and XFL is
     entitled to appoint four members. The term of the office of each member is
     one year and may be renewable by the relevant party.

3.2  One of the aforesaid members, as appointed by XFL, shall be the chairman of
     the Committee.

3.3  The Committee shall provide the consultancy service. Each member thereof
     shall not act for and on behalf of the Committee. The member of the
     Committee may act for and on behalf of his/her appointing party, SANLIAN or
     XFL, respectively.

3.4  In principle, the member of the Committee shall discuss the issues as
     raised (the "ISSUES") on the basis of unanimity. Both SANLIAN and XFL shall
     make its best efforts to cause the members appointed by it to reach
     agreement with other members of the Committee on all relevant Issues. In
     the event that no agreement is reached, the chairman of the Committee shall
     refer the said Issues to the board of JGXC.

3.5  Regular Committee meetings shall be held in the last week of each quarter.
     Upon the proposals from the board of JGXC, the chairman of the Committee
     shall convene an interim meeting of the members.

3.6  The written notification letter (including without limitation, in the
     manner of letter, fax and email) shall be send to all members of the
     Committee at least 15 days prior to the date of the Committee meeting. The
     said notification letter shall record the date and location of the meeting
     as well as the Issues to be discussed. The members of the Committee may
     raise Issues prior to or in the meeting. Upon the suggestion from the
     chairman of the Committee, the Committee meeting may be effected by
     conference call or other instant communication means.

3.7  Someone would be appointed specifically to make the minutes of the
     Committee meetings which are afterwards to be signed by each member
     attending the meeting for the purpose of confirmation. The meeting minutes
     will be kept at the location of the Committee and may be reviewed and
     photocopied by the Parties.

                                        3

<PAGE>

                                   EXPENDITURE

4.1  The Committee meeting's daily expenditure shall comply with the budget as
     confirmed by SANLIAN and XFL in advance. The details of such expenditure
     shall be recorded in writing and submitted to the Committee for approval.

4.2  The Committee shall not have independent accounts and all its expenditure
     shall be assumed by SANLIAN and XFL based on the ratio of 50:50 or other
     ratio as additionally confirmed by SANLIAN and XFL in writing.

4.3  Each member 's expenditure incurred during the work of Committee, including
     without limit to the relevant allowance, the fees for travel and hotel,
     shall be assumed by each member's appointing party respectively.

                                    DISSOLVE

5.1  Upon the unanimous confirmation from both SANLIAN and XFL, the Committee
     may be dissolved at any time.

5.2  Following the dissolution of the Committee, SANLIAN and XFL shall forthwith
     make arrangements for the assets of the Committee and calculate its
     expenditure and fees. The remaining assets or the liabilities shall be
     enjoyed or assumed by SANLIAN and XFL equally.

                      EFFECT, MODIFICATION AND TERMINATION

     This Agreement shall come into effect following the signing of or affixture
of the company chop (if any) this Agreement by the duly authorized
representative of each party. After execution, this Agreement shall replace the
original Information Consulting Committee Organization Agreement. Unless
otherwise requested by the PRC laws or in accordance with the Agreement, this
Agreement can not be modified or cancelled by any party without the written
consent all other Parties.

                      GOVERNING LAW AND DISPUTE RESOLUTION

7.1  The execution, effect, performance, interpretation and dispute shall be in
     line with

                                        4

<PAGE>

     PRC laws.

7.2  Any dispute arising from or in connection with the Agreement shall be
     resolved by the related parties in the manner of consultation. In the event
     that no agreement is reached on the said dispute, it shall be submitted to
     China International Economic and Trade Arbitration Commission Beijing
     Sub-commission ("CIETAC") for arbitration. The arbitration award is final
     and binding upon all the parties. During the arbitration period, the
     Agreement shall be further performed except for the matter relating to the
     aforesaid dispute.

                                     NOTICE

8.1  Unless otherwise provided under this Agreement, any notice under this
     Agreement shall be given in writing and shall be deemed effectively
     received upon personal delivery to the party to be notified, fax or
     delivery by recognized courier to the following address or fax number(or
     other address and fax number informed by the recipient in advance).

     SANLIAN:

     Address: No. 20, Quetuquan North Road, Jinan City, China
     Fax: 0086 (531)86099847
     Attention: Mr. Zhu Aijun

     XFL:

     Address: Suite 2003-4 Vicwood Plaza, 1 99 Des Voeux Road Central, Hong Kong
     Fax: (852) 25418266
     Attention: Mr. John McLean

     EO:

     Address: Block 7, Xinghua Dongli Jia, Heping Avenue, Dongcheng District,
     Beijing
     Fax: (86) (10) 64297071
     Attention: Ms. Zhang Lijuan

     JGXC):

     Address: Block 7, Xinghua Dongli Jia, Heping Avenue, Dongcheng District,
     Beijing
     Fax: (86) (10) 64297071
     Attention: Ms. Zhang Lijuan

                                        5

<PAGE>

8.2  Unless otherwise provided under this Agreement, any notice, if sent by fax
     to the correct fax number of the recipient during from 8:00 to 17:00
     (Beijing Time) in the working day, shall be deemed to be received and,
     thereafter the notice shall be delivered to the recipient by the recognized
     courier for the further confirmation from the recipient. The notice shall
     be deemed to have received within 5 days after such delivery if sent by
     recognized courier.

                                  MISCELLANEOUS

9.1  The heading is for reference only and shall not affect the interpretation
     to the clause of this Agreement.

9.2  Without the written consent from the other Party, any Party shall not
     assign any rights and/or liabilities arising from this Agreement to any
     other person which is not a party to the Agreement.

9.3  Any party shall assume its expense occurred in the signing of and
     performance of this Agreement respectively.

9.4  This Agreement is executed in three counterparts and each Party holds one
     counterparts. Each counterpart shall have the same legal effect. The
     English version will prevail if there is discrepancy between English and
     Chinese version.

                     Signature page follows on the next page

                                        6

<PAGE>

                                 SIGNATURE PAGE

Shandong Sanlian Group Co Ltd

[Company chop of Shandong Sanlian Group Co Ltd]

Authorized signatory: /s/
                      -----------------------------
                      (signature)

Xinhua Finance Limited

[Company chop of Xinhua Finance Limited]

Authorized signatory: /s/
                      -----------------------------
                      (signature)

Economic Observer Press Office

[Company chop of Economic Observer Press Office]

Authorized signatory: /s/
                      -----------------------------
                      (signature)

Beijing Jingguan Xincheng Advertising Co Ltd

[Company chop of Beijing Jingguan Xincheng Advertising Co Ltd]

Authorized signatory: /s/
                      -----------------------------
                      (signature)

                                        7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00117-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00117-of-00352.parquet"}]]