Document:

Getpokerrakeback.com: Exhibit 10.7 - Prepared by TNT Filings Inc.

Exhibit 10.7

(English Translation)

Sales Contract

Original

Construction unit: 

Yangzhou Jinghua Living City Real Estate Co., Ltd. 

Supply unit: 

Shenzhen Skyrise Technology Co., Ltd. 

Name of project: 

Goods supply for intellectual project visual intercom system
of Phase III of Jinghua Living City Real Estate 

No. of the Contract: 

FCG-PT-07054 

 

 

 

Date of signing: January 5, 2009

Contract for Equipment Supply

Party A (full name): Yangzhou Jinghua Living City Real Estate
Co., Ltd. 
Party B (full name): Shenzhen Skyrise Technology Co., Ltd. 

According to Contract Law of the People’s Republic of China and
other laws and administrative regulations, it is decided that Party B contracts
with the task of goods supply for intellectual project visible dialogue system
equipment of Phase III of Yangzhou Jinghua Living City Real Estate with the
contract price of RMB 4,575,000 (SAY RMB FOUR MILLION FIVE HUNDRED AND SEVENTY
FIVE THOUSAND ONLY) negotiated with Party A in the principle of equity,
volunteering and faithfulness. This contract is signed by both parties upon the
agreement of supply of this product. 

I. The following documents are the contract documents of
this project (it is hereby referred to as “contract document”). 

Contract documents shall be explanatory and understandable. The
documents of this contract and the prior explanation order are as follows: 

	(1) 	
      Agreement of this contract

	(2) 	
      Notification of signed agreement

	(3) 	
      Recording note of quotation

	(4) 	
      Quoted documents and appendices, and quotation documents
      and appendices

	(5) 	
      Standard, regulation and relevant technical
    documents

	(6) 	
      Engineering quantity list

	(7) 	
      Engineering quotation note and budget
  documents

During the performance of the contract, the written agreement
or document such as negotiation and modification of product supply once signed
and stamped by both parties shall be taken as one part of this contract. 

As the appendix of the contract, the performance guarantee is
also an important part of the contract. The contract only takes effect when the
performance guarantee is fully paid by Party B, and will be valid within one
month after the settlement of the contract. 

II. All articles of the contract shall be identified and
complied with by both parties.

III. Specification, model, quantity and amount of products:

  	Name of product
      	Model 	Brand 	Quantity 	Unit
      
	  	  	  	  	  
	  	  	  	  	  
	  	  	  	  	  
	  	  	  	  	  
	Total amount: RMB 4,575,000 (SAY RMB FOUR MILLION
        FIVE HUNDRED AND SEVENTY 

        FIVE THOUSAND ONLY) (including tax, see business quotation for details
        of products) 

IV. Payment of the contract cost 

Terms of payment: After the signing of contract, 5% of the
total price of every bidding section shall be paid before the order blank
has been sent. 45% of the total price will be paid within 30 days after the
arrival of goods. Within 45 days of the arrival of goods, when the single
test is finished and recognized by both parties, 15% of the total price
will be paid. Within three months of the arrival of goods, after the
adjustment of system is finished, 15% of the total price will be paid. Within
100 days of the arrival of goods, after all the qualified products are
delivered to the property department designated by Party A, 15% of the total
price will be paid. After the quality guarantee period of two years expires, 5%
of the amount of quality guarantee will be paid (quality guarantee period
is calculated since the complete project of all sections has been
completed, checked qualified and accepted, and delivered to the
department of property). Party B shall provide the invoice of equal amount
before every payment. 

1. After the contract has been signed, any party could not
change any unit price of the contract, no matter commodity prices rise or fall.

2. Payment of the contract cost 

(1) If the quality and date of delivery could not meet the
requirement of the contract, Party B has no right to ask for any payment before
modification. 
(2) The documents of certificate of payment are as follows: a.
Party B shall deliver the delivery certificate of supplied products to
supervisor and project manager of Party A. If Party B provides products for
construction unit, the procedure of signing and stamping of principal of
construction unit is needed. b. Party B shall deliver the product qualification
certificate materials to supervisor and project manager of Party A, such as
product qualification certificate, and report of survey. c. Legal tax invoice

(3) The amount of contract cost or penalty shall be added or deducted in the
current progress payment. 
(4) According to the application of Party B, Party
A shall check the project quantity after the documents of Article 2 have been
fully prepared. Party A shall pay the payables of current products to Party B
within 20 calendar days since the check has been finished by Party A. The
responsibility of delay of payment caused by the incomplete document shall be
resumed by Party B, which won’t affect the progress of any project. 

V. Quantity of equipment and measurements 

(1) Party A accepts that the quantity measurements of products
would be in accordance with the qualified quantity of survey and acceptance.

(2) At least one person of both parties shall attend the
on-spot quantity measurement, which shall be surveyed and accepted by the
construction unit. Party A is the witness. It only takes effect when the
representatives of both Party A and construction unit sign on the delivery note.
Party B shall prepare the on-spot measurement record. After the measurement, all
parties shall sign as the certificate. If the measurement record has not been
signed in time within 48 hours for it has not been prepared by Party B.
Measurement could be conducted again if needed, the cost of which shall be
resumed by Party B. 

(3) Party B shall accept the requirement of quantity increasing
of goods supply of Party A, the specific way is: Party A sends the written
notification signed by its project manager 10 days in advance, and Party B shall
execute it after the confirmation by its project manager. 

VI. Modification 

1. When Party A proposes to increase or reduce the quantity of
equipment, the contract cost can be adjusted. The evidence for adjustment is:
the unit price in the equipment list (after the reduction at the same
proportion)×quantity of increment or reduction. Party B shall accept the
modification of design and quantity of Party A 10 days before the delivery date
without any condition. 

2.For the modification of equipment of Party A, Party B shall
provide the report of contract cost modification within 14 days after the
modification, which will be adjusted after the confirmation by Party A. The
modification of contract cost shall be implemented as follows: 

(1) If there has been the unit price for equipment
modification, the contract cost shall be modified as per it. 
(2) If there
has been the unit price similar to that of equipment modification, it could be
referred to modifying the contract cost. 
(3) If there is no such price for
equipment modification, Party B shall propose proper unit price for
modification, which will be executed after the confirmation by Party A. 

3. If Party B does not report the visa modification to Party A
within 14 days after the confirmation of modification by both parties, it is
considered that the modification does not refer to the change of contract cost.
However, if this modification causes the decrement of the equipment quantity
provided by Party B, Party A has the right to adjust the contract cost according
to the actual condition. 

4. The on-spot visa shall be filled in by Party B, and Party A
and supervision unit are responsible for the check of quantity. It would take
effect after the examination by general supervisor and the project manager of
Party A. The unit price shall be reported to Party A to be checked. 

5. Party B shall not change any content of the list agreed by
the contract. The cost arising from the design modification by Party B and the
direct losses of Party A resulted from it shall be resumed by Party B. The
delayed goods supply period will not be extended. 

VII. Settlement 

(1) Party B shall deliver the settlement report and complete
settlement information to Party A within 20 days after the check and acceptance
report being recognized by Party A. If Party B does not deliver the settlement
report and complete settlement information to Party A, the responsibility that
settlement could not be implemented normally or the amount of completion
settlement could not be paid in time shall be taken by Party B. 

(2) It shall be checked within 25 days since Party A has
received the settlement report and settlement information from Party B. 

VIII. Package and protection of products

1. Party B is responsible for the package of equipment
material, which shall be designed for the convenience of transportation and
storage. The cost is contained in the contract cost. 

2. Party B shall mark the product label on the obvious part of
the product: name or trademark of manufacturing plant, name of product, product
model and specification, number for against fake, installation part,
manufacturing date, number, packing quantity, level of product, requirement for
piling, environmental requirement for keeping, manufacturer, etc. 

3. Package shall be designed with the functions of
anti-moistening, anti-rain, anti-rust, anti-shock, anti-corrosion, etc.
according to material. Party B is responsible for the risk of package. Any loss
arising from the design, manufacture, quality, etc. of package shall be resumed
by Party B. Party A has the right to claim if it causes the delay of
construction period, waste of human resource, etc. of Party A. 

4. The products shall be well-bundled to prevent from being
damaged during transportation. Party A has the right to refuse the products not
well-protected and damaged, delay of construction period and all economic losses
arising from which shall be resumed by Party B. 

5. Party B must provide the specific protection measurements
and installation instructions. 

6. Party B could make a sample of bundling standard firstly and
provide it to be recognized by Party A and supervisor. 

7. Party B shall be responsible for the recycle of packing for
the protection of environment. Party B could negotiate the recycling cost with
construction unit, or it can recycle it by itself. 

IX Transportation

Party B is responsible for the transportation of equipment and
its risk of this contract. The cost of transportation (including assembly and
disassembly) and insurance is included in the contract cost. Party A is not
responsible for any of it. 

X. Delivery 

1. Delivery 

(1) It is agreed that goods shall be delivered by Party B.
Party B must deliver goods according to the place and date stipulated by Party
A, except for the force majeure. If Party B could not deliver goods on time, it
shall provide the reason and requirement of delay to Party A in written within 3
days before the earliest date of delivery agreed above. The delivery date could
be extended accordingly after the agreement of Party A. The delivery date will
not be extended if Party A does not agree or Party B does not provide the
requirement of delivery delay to Party A within the stipulated time. If Party B
does not deliver the goods on time without the agreement of Party A, Party A has
the right to terminate the contract. 

(2) Party B accepts the adjustment of delivery date and the
requirements of delivery pause and delivery restarting of Party A, the specific
way of which is: Party A sends the written notification signed and issued by its
project manager 15 days in advance, and the project manager implements it after
written confirmation. Party A does not take any liability for breach of it. 

(3) Party A has the right to terminate the contract if the
products are not delivered on time for the reason of Party B. If Party A agrees
to fulfill the contract continually, Party B shall be responsible for all the losses of Party A arising from it as well as pay the
penalty of RMB 2,000 per day to Party A for every one day delay of delivery
date. 

2. Check and acceptance

(1) The check and acceptance shall be carried out after the
place has been designated. 

(2) Party A, Party B, supervisor, representative of
construction unit, etc. shall conduct delivery measurement, check and acceptance
in accordance with the measurement means, technical standard and requirement of
quality agreed in this contract. Quantity, specification and model, place of
origin, quality level, size, nameplate parameter, completion of package and
mark, protection degree and delivery information are mainly needed to be
checked. The check and acceptance are completed upon the signatures of all
parties (if the goods are used by construction unit, the signature of the
representative of construction unit is needed), but the liabilities for
unqualified quality, manufacture, design and performance, liability for breach,
and compensation responsibility for the losses of Party A will not be exempted.

(3) Sampling inspection: Inspect 5% of every type and
specification, and the samples are not less than 3 (it refers to 3 boxes, if the
goods are packed with box). If there is one sample not complying with the
requirement of standard technique, sampling should be doubled. If there is still
one sample not meeting the requirement, it is considered the breach of Party B,
and Party A has the right to refuse all products. The losses of Party A arising
from it shall be resumed by Party B. 

(4) If there is unqualified quantity, specification and model,
place of origin, quality level, size, nameplate parameter, completion of package
and mark, protection degree, delivery information, etc., Party A has the right
to refuse all products, partly refuse, return all products, partly return and
terminate the contract. 

(5)Party A shall, within 3 days following delivery, consulted
with Party B regarding the issue of sampling inspection (otherwise, Party B
could provide nationally enforced certifications for electric appliances). For
the item unqualified in sampling inspection, Article 12 of the contract
applied). 

(6)Party A is entitled to send its staff going to the spot for
following up inspection during the production. Party B shall not reject such
request by any causes and provide necessary cooperation. 

(7)Party A is entitled to reject delivery, partially reject
delivery, return, partially return, release contract and so on should it find
out the equipment and materials in the delivery are different from the one
agreed in the list. All losses caused by such action shall be borne by Party B,
and Party B shall pay Party A damages RMB 3000 each time. 

(8)Only the product passed through inspection could be used for
this project. 

XI. Safety 

1.Party B Shall, following marching into the site, comply with
the relevant constructional safety measures, Party B shall bear all
responsibility and cost should there is an accident resulted from Party B’s
ignorance. 

2.No food and accommodation provided in the project, Party B
shall hand accommodation by itself. 

XII. Technological standards and quality requirements

1.The quality of project shall subject to the sample as the
negotiation and the Table of Checking Acceptance for Goods Quality provided by
Party B and confirmed by Party A. 

2.The technological standards for product data provided by
manufacture would be regarded as evidence for production and checking
acceptance. 

3.Party B shall promise that the delivery product could satisfy
the standards mentioned above. Party A preserves the right to random inspection
and sending inspection except routine sending check, and the inspection agent
shall be the one authorized by government. Party B shall bear the checking cost
if there is any un-qualification of technology or quality. Party A is entitled
to reject, partially reject, return and partially return the delivery and
required Party B to bear the losses such as term delay, rework and so on
resulted herein. Party A shall bear all such responsibility should the product
is qualified. 

4.The national and industrial standards and specifications,
which are not described in the contract but recognized popularly, shall
automatically become into the standards for Party B’s delivery and Party A’s
checking acceptance. Should there is no relevant standard and specification,
Party A shall detail the quality and technology requirements to Party B. Party B
shall work out the process technology according to the agreed time and
requirement, which would be implemented upon Party A’s approval. 

	 	•	
      Party B shall remedy and bear all cost if the quality of
      material and equipment has meet the national or industrial quality
      assessment standards, but, during the checking acceptance, they don’t meet
      the material and equipment quality standards or there is a
  fault.

5.Both parties shall, following the execution of contract,
place the sample of equipment determined by both at the office of Party A or
project supervisor, or some special point, such example would be used by
supervisor to check whether the actual product of Party B meet the requirement
of Party A. the cost of example has been included in the contractual price. 

6.Guarantee repair of quality fault 

(1)Party B shall, according to laws, administrative regulations
or relevant regulations stipulated nationally for quality guarantee repair for
equipment, materials and engineering quality, bear guarantee repair
responsibility to the equipment, materials and engineering handover to Party A
during the guarantee period. 

(2)Implementation of quality guarantee repair: both parties
shall execute a engineering quality guarantee card as the appendix of this
contract. 

XIII. Right and Obligation of Party A 

1.Providing Party B with example, drawings or technical
requirements, notifying Party B amendment designs, reviewing process technology
launched by Party B but without exempting Party B’s responsibility. 

2.Reviewing packing and transporting means launched by Party B
but without exempting Party B’s responsibility. 

3.Confirming Goods Arrival Letter provided by Party B but
without exempting Party B’s responsibility. 

4.Arranging checking acceptance for delivery 

5.Party A is entitled to assign the works to another company,
such works shall be finished by Party B as agreed by contract but Party B refuse
to finish it or fail to satisfy the quality requirement. 3 times the cost of re-assigned works shall be deducted from contractual
price of Party B if it costs less than RMB 2000, 2 times if more than RMB 2000. 

6.Instructing Party B of additional supply, supply term
adjustment, cancellation of supply and so on. 

7.Supervising and checking Party B’s production. 

8.Paying contractual price to Party B. 

XIV. Right and obligation of Party B 

1.Party B shall, in accordance with equipment/materials list,
contractual price, delivery location, delivery means and time agreed in the
Agreement, provide Party A with products meeting agreed technology standards and
quality requirements. Party B shall bear all direct and indirect losses suffered
by Party A because of Party B’s factors such as quality faults and delayed goods
supply. 

2.All notices submitted by Party B to Party A and project
supervisor according to contract must be in written and signed by project
manager and impressed with official sealed, otherwise, Party A and project
supervisor are entitled to reject such un-qualified notice. 

3.Project manager of Party B shall arrange production and
delivery according to contract, or instructions issued according to contract by
Party A or project supervisor. 

4.If contracting works involve design, such design works shall
be done by Party B within its scope of design qualification and business
approved, and reported to supervisor in chief and Party A’s project manager for
their confirmation, only upon confirmation granted and following the discussion
of drawings could such designs be put to use. 

5.Party B shall comply with national laws, regulations enforced
measured stipulated by relevant national construction standards. 

6.Party B shall comply with all measures and regulations
stipulated by relevant competent authorities regarding constructional site and
transportation, noise and environmental protection, safe production and so on.
Party B shall go through formalities according to relevant stipulations, and
copies of such formalities shall be submitted to project supervisor and Party
A’s project manager. Party B shall pay all fines and punishments imposed by
government resulted from itself. 

7.Party B shall take the sale demand of Party A as its
priority. 

8.The transportation and disassembly of goods shall be carried
out in accordance with the quotation document. 

9.Party B shall provide complete completion information and
completion check and acceptance report to Party A in accordance with relevant
stipulations of completion check and acceptance for national engineering. The
completion information shall be made in triplicate (one must be original),
including drawings, qualification certificates, qualification certificates of
all kinds of raw materials, etc. 

10.Party B shall date the time with the installation unit to
conduct technical disclosure of the installation and construction of equipment
material, and also invite the supervision unit and Party A to attend. Before
installation, Party B must designate employees to guide the installation unit to
install and conduct check and acceptance on spot, and take part in the finial
debugging. If there is any quality problem, damage of equipment material, not
passing of check and acceptance, and other loss of Party A for the reason of no
disclosure, Party B shall pay the penalty of 2% of contract cost to Party A.

11.More than two employees shall be designated on spot. 

12. Party B shall provide the detailed user’s manual and
instruction of the equipment after the completion check and acceptance being
passed. 

XV. Breach of contract 

1.Any party that can not fulfill all the articles of the
contract is considered the breach of contract. All liabilities and economic
losses shall be resumed by the party in breach. The party in breach shall
continually fulfill the contract after resuming the liabilities, only if both
parties had negotiated to terminate the contract. 

2.If Party B does not take the execution of the contract
seriously or ignores the work and responsibility of Party B agreed by the
contract, and does not take any effective measures with effect since 5 days
after it has been required to change in written, Party A and the supervisor have
the right to terminate the contract after negotiation. The further supply
qualification of Party B would be disqualified after the written notification.
Party A has the right to deduct from the payment for Party B for the economic
losses caused by it. 

3.If Party B does not pay the penalty to Party A in time after
it receives the written notification, Party A has the right to deduct from any
payment for Party B for compensation. 

XVI. Dispute 

1.When disputes arouse during performing this contract, both
parties could reach the reconciliation or ask relevant dominate department for
mediation. If disagreement arises to the mediation, related party may appeal to
the people’s court where the project is located. 

2.Both parties shall continually perform the contract after the
dispute except the following conditions:

One party terminates the contract; 

The contract could not be performed for the breach of one
party, and further product supply is stopped by the agreement of both parties;

Further product supply is stopped for the reason of mediation,
which is accepted by both parties; The court requires stopping further product
supply. 

XVII. Patent right 

If the equipment provided by supplier related to the cost of
product patent, all cost and liabilities shall be resumed by the supplier. Party
A will not take any liability for it. 

XVIII. Contract termination 

1.Party A has the right to terminate the contract if Party B
does not deliver the goods over five working days for the reason of Party B.

2.Party A has the right to terminate the contract if there is
irretrievable defect of quality of the equipment material or there are social
effects such as media disclosure of Party A caused by Party B. Any loss of Party
A arising from it shall be resumed by Party B. 

3.Both parties shall negotiate to terminate the contract, if:

The contract can not be performed for the reason of force
majeure. 

The contract can not be performed for other reasons that the
project is stopped constructing or delayed. 

4.If Party A terminates the contract in accordance with the
requirement of the contract, it shall send the contract termination notification
to Party B in written, and notify Party B about it before sending the
notification. The contract is terminated when the notification arrives. After
the termination of contract, the effect of articles of liability for breach,
settlement, liquidation, etc. agreed in the contract are not affected. 

5.Party A has the right to terminate the contract if Party B
has one of the following conditions. All losses of Party A arising from it shall
be resumed by Party B. 

1)If Party B does not deliver the goods in due time or delays
to deliver goods, which affects the completion of the project; or Party B can
not cooperate with Party A that affects the progress of the project after more
than two-phase coordination. 

2)Party B does not follow the arrangement of Party A or does
not deliver goods in accordance with the contract. 

3)Party B can not follow the contract for all reasons. 

XIX. Contract validity and termination 

1.This contract takes effect upon the signatures and official
stamps of the legal representatives of both parties with the guarantee money of
full amount paid by Party B. 

2.Both parties perform all liabilities of the contract except
for the guarantee articles of quality defect. The contract is terminated after
the payment of the final amount of completion. 

3.After the termination of rights and liabilities of the
contract, both parties shall comply with the principle of faithfulness, and
fulfill the liabilities of notification, assistance, secret keeping, etc. 

4.Date: January 5, 2009 5.Place: Yangzhou 

6.This contract has two originals, and each party holds one
each of the same effect. It has six duplicates,

and each party holds three of them. If the duplicate one is not
confirmed to the original one, the original one would be abided by. 

7.Unsettled matters shall be negotiated by both parties. 

Party A: Yangzhou Jinghua Living City Real Estate Co.,
Ltd.(official stamp)

Address: 

Legal representative: 

Entrusted agent:Junfu Luo

Tel: 

Fax: 

Opening bank: 

Account No.: 

Postcode: 

Party B: Shenzhan Skyrise Technology Co., Ltd. (official stamp)

Address: 

Legal representative: 

Entrusted agent:Weibing Wang 

Tel: 

Fax: 

Opening bank: 

Account No.: 

Postcode:Getpokerrakeback.com: Exhibit 10.8 - Prepared by TNT Filings Inc.

Exhibit 10.8

(English Translation) 

Contract No: ZHENGONGCHENGGIIHEZI (2008) NO 03-054

SHENZHEN ZHENYE(GROUP)CO., LTD.

Equipment Purchasing Contract 

 

 

Name of the equipment/material: 

Visual Intercom System for Zhenye City
Phase 2-5 

Delivery Location: 

Building Site of Zhenye City Phase
2-5, Henggang Liuyue, Longgang District, Shenzhen 

Party A: SHENZHEN FIRST CONSTRUCTION ENGINEERING CO., LTD. 

Party B: SHENZHEN SKYRISE TECHNOLOGY CO., LTD 

Party C: SHENZHEN ZHENYE(GROUP)CO., LTD 

 

 

 

PART
ONE          
AGREEMENT

Party A (Full name):

SHENZHEN FIRST CONSTRUCTION ENGINEERING CO., LTD.

Party B (Full name):

SHENZHEN SKYRISE TECHNOLOGY CO., LTD

Party C (Full name):

SHENZHEN ZHENYE(GROUP)CO., LTD

 

In accordance with The Contract Law of the People's Republic of
China and other relative laws and regulations, observing principles of equality,
impartiality, honesty and voluntarily, the three parties above form this
contract after negotiations regarding the supply of the equipments mentioned in
this contract. 

1. Equipment/Material List: 

	No. 	Name 	Spec. 	Qty 	Unit Price 	Total 	Note 
	1 	Central Management
      
Machine 	XP880C5M 	2 	¥5120 	¥10,240 	Bundled power 
supply
      included 
	2 	Skyrise Digital
      Intercom 
Management Software 
V3.4 	XP880SW 	1 	¥110,000 	¥110,000 	

	3 	System Server (
      including 
bundled software and 
database) 	DELL Optiplex 755 	1 	¥10,000 	¥10,000 	DELL Optiplex 
755 
	4 	Digital Indoor
      Machine (7 
cun) 	XP862C7PT 	914 	¥1,890 	¥1,727,460 	7-cun Screen 
	5 	Skyrise Digital
      Indoor 
Machine Control 
Software V 1.6 	 	914 	¥810 	¥740,340 	 
	6 	Digital Indoor
      Machine 
(5.6 cun) 	XP863C56PT 	849 	¥1,400 	¥1,188,600 	5.6-cun Screen 
	7 	Skyrise Digital
      Indoor 
Machine Control 
Software V 1.6 	 	849 	¥600 	¥509,400 	 
	8 	Wall Phone 	XP882C4W 	8 	¥3,059 	¥24,472 	4-cun, In-wall,
      
Warter-Proof 
	9 	Skyrise Digital
      Door 
Machine Control 	 	8 	¥1,311 	¥10,488 	 

	  	Software V 1.2 	  	  	  	  	  
	10 	Machine for Door of Hall 
Unit
    	XP882C4D 	43 	¥3,059 	¥131,537 	4-cun, Pole 
Installation
  
	11 	Skyrise Digital Door 
Machine
      Control 
Software V 1.2 	

	
43 
	
¥1,311 
	
¥56,373 
	

	12 	Machine for Door of 
Basement
      Unit 	XP882C4D 	35 	¥3,059 	¥107,065 	4-cun, In-wall 
Installation
    
	13 	Skyrise Digital Door 
Machine
      Control 
Software V 1.2 	

	
35 
	
¥1,311 
	
¥45,885 
	

	14 	Double Confirm Machine 
on
      Villa Door 	XP882CD-V 	203 	¥1,190 	¥241,570 	In-wall 
Installation,
      
Water-proof 
	15 	Skyrise Digital Door 
Machine
      Control 
Software V 1.2 	

	
203 
	
¥510 
	
¥103,530 
	

	
16 
	
Power Module 
	XP18S8A 
	
560 
	
¥400 
	
¥224,000 
	Each per villa, 
Each for
      two 
apartments 
	
17 
	Machine on Unit Door 
and
      Power Supply for 
Fence Machine 	XP12S3A 
	
86 
	
¥150 
	
¥12,900 
	

	  	Total Amount (tax included): RMB 	 	 	  	¥5,253,860 	  

Note: The actual supplying quantity is
based on the quantity counted by the Construction Party and Party C according to
the construction drawing. If the actual supplying quantity required by the
construction party is bigger than the estimated quantity, the exceeding part
should be deducted from the payment to the Construction Party by Party C. 

	2. 	
      Delivery Location

	 	 
		
      Delivery location: Building Site of Zhenye City Phase
      2-5, Henggang Liuyue, Longgang District, Shenzhen

	 	 
	3. 	
      Way of Delivery and Time

	 	 
		
      Once the contract is validate, Party C should provide
      Product Purchase Plan to Party B in different parts. Party B must deliver
      the products to the specified location (reachable by truck) by Party C
      within 40 calendar days after the order had been received.

	 	 

	4. 	
      Technical Standards and Quality
  Requirement

	 	 	
       
		4.1 	
      The equipments supplied by Party B should be brand new
      (including spare parts), and are conform to the national testing standard
      or have qualification certificate issued by relative quality testing
      department. The product specification and technical data should conform to
      the requirement of relative national administrative department. Party B
      should provide free operation training service and usage instructions and
      relative material. The Construction Party should organize initial
      inspection and acceptance within 3 days after the products are delivered
      to the construction site. The products are to be considered qualified if
      the Construction Party does not inspect and accept the products after 10
      days. The risk for damages and lost should be afforded by Party B before
      the Construction Party accept the products.

	 	 	 
		4.2 	
      Party B is not allowed to revise the requirement of the
      equipment/material.

	 	 	 
		4.3 	
      Reasonable suggestions regarding revisions and
      replacement to/of the equipment/material proposed by Party B when
      supplying the products should be agreed by Party A and Party C. If Party B
      change and substitute the equipment/material without permit of Party A and
      Party C, Party B should afford the cost and reimburse the relative loss
      caused to Party A and Party C, and the delivery date is not allowed to be
      postponed.

	 	 	 
		4.4 	
      If Party C agrees with the reasonable suggestions
      proposed by Party B, the cost and profits generated by such suggestions,
      Party B and Party C will afford or share in way specified in separate
      agreement.

	 	 	 
		4.5 	
      During the contract term, if Party A and Party C require
      changing the specification of the equipment/material or other actual
      change happens, it should be solved by the three parties through
      negotiation.

	 	 	 
		4.6 	
      Party C should not afford any responsibility for
      quality.

	 	 	 
	5. 	
      Equipment Installation/ Material Using for
      Construction

	 	 	 
		
      Before starting to install the equipments, Party B should
      set a meeting time with the Installation (Construction) Party to specify
      the technique for the equipment installation and the material usage and
      meanwhile invite the supervising department and Party A to join the
      meeting. If there are quality problem, equipment and material damage,
      failure to pass the inspection and other damage to Party A due to lack of
      the meeting, the Installation Party should take the whole responsibility
      while Party B take related responsibility.

	 	 	 
	6. 	
      Equipment/ Material Quantity and Test/Measure
      Method

	 	 	 
		6.1 	
      Party B should supply the products according to the list
      of this contract, if Party C does not deliver separated written notice
      according to the contract.

	 	 	 
		 	
      a)
	
      The actual quantity the Construction Party accepts is
      subject to the quantity of the qualified products passing the inspection.
      But the quantity could not exceed the agreed quantity
  specified in the equipment/material list.

			b) 	
      During the process of on-site quantity measuring, if
      Party A authorizes the Installation Party to take part in the inspection
      process, Party A should coordinate with the Installation Party to arrange
      at least one person to take part in the inspection process while Party B
      should also arrange at least one person to join the measuring. The on-site
      measuring should be prepared and recorded by Party B in written form. All
      the parties should sign on the written record after the process is
      finished. If Party B fails to prepare and record the measuring process and
      does not fill up within 48 hours, and according to need, it could be
      re-measured but the cost caused should be afforded by Party B.

	 	 	 	 
			c) 	
      Party B could accept the requirement for increasing
      quantity of the Construction Party, in condition that the Construction
      Party delivers a written notice with signature of representative of Party
      A at a production cycle in advance, the project manager of Party B
      confirms by signature. The production cycle time should be specified in
      the special clauses agreed by both Parties. Party B should deliver the
      products ASAP if there are finished products in stock.

	 	 	 	 
	7. 	
      Packaging and Transportation

	 	 	 	 
		7.1 	
      Packaging

	 	 	 	 
			a) 	
      Despite the circumstance that Party A specifies
      requirements about packaging in the special clauses, the packaging of
      equipment and material is charged by Party B, Party B should design the
      packaging in method suitable for transporting and warehousing. The cost is
      already included in the contract price.

	 	 	 	 
			b) 	
      The packaging should be anti-wet, anti-rain, anti-rust,
      anti-shaking or anti-erosion according to different characteristics of
      different materials. Party B should take the risk of poor packaging. Party
      B should afford the damage of the products due to poor packaging design,
      making or quality. If such damages cause the delay of the construction and
      extra labor cost of Party A, Party A has the right to require
      reimbursement.

	 	 	 	 
			c) 	
      There should be product name, specification, color,
      quantity, products grade, piling requirement, and environment requirement
      and manufacturer information on the package. Losses caused by wrong
      installation, piling and warehousing due to missing or unclear mark on the
      package should be afforded by Party B. If such losses cause the delay of
      construction and extra labor cost of Party A, Party A has the right to
      require reimbursement.

	 	 	 	 
			d) 	
      Considering the protection of environment, if Party A
      requires, Party B should do its best to handle the recycle of the packing
      material,and the recycling fee should be paid to Party A could be decided
      by the two parties through negotiation.

	 	7.2 	
      Transportation

	 	
       
		
      The transportation and the risk during transportation of
      the equipment and material specified in this contract should be
      responsible by Party B. The transportation fee and transportation
      insurance fee are specified in this contract. Party A and Party C are free
      of such responsibility.

	 	 	 	 
	8. 	
      Delivery and Inspection

	 	 	 	 
		8.1 	
      Delivery

	 	 	 	 
			8.11 	
      It is specified in this contract that Party B should be
      responsible for the delivery of the products. Despite the force majeure,
      Party B should deliver the products to the location and by time specified
      in this contract. Party B should pay penalty of 0.1 percent of the
      contract price per day to Party C for delay of delivery.

	 	 	 	 
			8.12 	
      Party B should inform Party A the delivery time by
      written notice 10 days before the delivery and get confirmation by Party
      A. Party A is responsible for preparing the site and arranging inspector
      for the inspection.

	 	 	 	 
			8.13 	
      Party B should inform Party A the exact time by written
      notice 48 hours before the delivery and get confirmation by Party A, the
      confirmed time should be precise to hour, and if the delivery is delayed
      more than 4 hours, Party B should pay penalty of five hundred Yuan per
      time.

	 	8.14 	
      Party B can accept Party A’s requirement about the
      delivery time adjustment, temporary stop of supply or resume supply in
      condition that: Party A and Party C reach into consensus and deliver a
      written notice with signature of project manager of Party A 15 days in
      advance, and this can be executed after the project manager of Party B
      confirms by writing. In such circumstances, Party A does not bare any
      contract breach responsibility.

	 	8.2 	
      Inspection and Acceptance

	 	 	 	 
	 		8.21 	
      The inspection and acceptance should start after all the
      products are downloaded from the truck on the specified
location.

	 	 	 	 
	 		8.22 	
      Both Party A and Party B and the entrusted inspector by
      Party A should conduct inspection and acceptance according to the
      measuring method, technical standard and quality specified in this
      contract. The main points to be confirmed: quantity, specification,
      origin, quality grade, measurement, color, data plate, complete packaging
      mark, perfect status, delivery material. All the parties’ signatures means
      the inspection and acceptance are completed. And all the
      equipment/material can be put into use, but this does not exempt Party B’s
      responsibility, contract responsibility and reimbursement responsibility
      to the defected and unqualified manufacture, design and function of the
      supplied products.

	 	 	 	 
	 		8.23 	
      If there is disqualification in quantity, specification,
      origin, quality grade, measurement, color, data plate, complete packaging
      mark, perfect status, delivery material, Party A has the right to refuse
      to accept or partially accept, return, partially return or terminate the
      contract, and require Party B to reimburse the losses due to
      construction delay and re-work.

			8.24 	
      Within 3 days after delivery, Party A should take
      sampling for inspection at time confirmed with Party B, if the sample
      fails to pass the inspection, Party A has the right to refuse acceptance,
      return products, terminate the contract and require Party B to reimburse
      the loss due to construction delay and re-work.

	 	 	 	 
	9. 	
      Contract Price and Payment

	 	 	 	 
		9.1 	
      Contract Price

Amount (temporary) Capital: FIVE MILLION, TWO HUNDRED AND
FIFTY-THREE THOUSAND, EIGHT HUNDRED AND SIXTY RMB 
Amount in
figures:¥5,253,860 RMB 

	 	9.11 	 The unit price of each product is specified in the clause
        1 Equipment Material List, any of the parties can not change without leave
        .Despite the three parties agreed or supplement in other special agreement,
        the contract price includes: the price Party B delivers the finished equipment
        and material which conform to technical standard and quality requirement
        according to the contracted list to said location(ground surface) agreed
        by both Party A and Party B and pass the equipment and material to Party
        A. This includes: manufacturing, packaging, transporting (including insurance),
        tax, all the fees regarding delivery to the building site and pile the
        products to agreed location of Party A and second load and discharge fee,
        also includes fees for on-site coordination, on-site inspection and acceptance
        preparation, sampling testing, delivery of sample for inspection, mending
        and replacing due to quality problem, technical guidance and training.
        The total price is subject to the actual quantity of supply.

	 	 	 
	 	9.12 	 Under circumstances that Party A requires changes to
        the equipment/material, Party B should provide a report on price change
        within 14 days after Party A confirms the changes to the equipment/material.
        The contract price can be changed after Party A and Party C’s confirmation.
        The price change follows below method:

	 	 	 
			 If there is unit price conform to the equipment/material
        change specified in the contract, the contract price should be changed
        according to the specified unit price in the contract; If there is only
        similar unit price conform to the equipment/material change specified
        in the contract, the contract price can be changed accordingly with the
        specified unit price in the contract for reference; If there isn’t
        same or similar unit price conform to the equipment/material change specified
        in the contract, Party B can propose a reasonable price change and such
        change can be executed after Party A and Party C’s confirmation.

	 	 	 
	 	9.13 	 If Party B does not provide price change report regarding
        the equipment/material change to Party A within 14 days after both parties
        confirm the changes to the equipment/material, it will be considered that
        such change does not lead to the change of the contract price.

	 	 	9.14 	 Party B does not have the right to add up the contract
        price if the change to equipment/material is due to Party B’s own
        problem.

	 	9.2 	
      Contract Price Payment

	 	 	1) 	
      20% of the contract price should be paid to Party B as
      deposit within 20 working days after the signature of this
  contract.

	 	 	 	 
	 	 	2) 	
      60% of the contract price should be paid to Party B
      within 20 days after all the products are inspected and accepted on the
      building site and all the payment files are complete.

	 	 	 	 
	 	 	3) 	
      15% of the contract price should be paid to Party B
      within 20 days after the building project is completed, accepted and
      squared with all the payment files are complete.

	 	 	 	 
	 	 	4) 	
      5% of the contract price is to be reserved as warranty
      fund. This amount should be squared according to the regulations specified
      in clause 11.2 after the guarantee period.

	 	 	 	 
	 	 	5) 	
      The paying period is within 20 days after all the payment
      files are provided.

Note: 

Party C does not afford contract
breach responsibility if the payment delay is due to Party B’s failure of
providing valid payment proofing file in time. 

If quality, delivery term, time limit
can not reach the requirement of the contract, before settlement of all the
problems, Party B does not have right to require any payment. 

Party C pays to Party B by way of
transfer. Party B has to provide a proof of Party B’s bank account name and
account number with Party B’s stamp. 

Party C’s payment will all be arranged
before 15th of every month.

	 	 	9.21 	
      The payment proofing files
include:

Lawful tax invoice of equivalent
amount as the payment amount.

Transfer proof of the products
material. The products material includes spare parts, ex-work qualified
certificate, inspection qualified certificate, instruction menu, technical
drawings, professional tools, warrant. If the materials can not be separated,
all the materials should be provided upon the first payment after the deposit.

Proof of inspection qualified, which
should specify the equipment/material name, quantity, unit price and total
amount and meanwhile have the signatures of the project manager of the installation company, director of the
supervising company and project manager of Party A.

Guarantee period quality and service
contract proof issued by the property company with signature of the manager of
the managing department of the property company. This clause only refer to the
quality assurance bail should be paid after the guarantee period is completed.

	 	 	9.22 	
      Party A and Party C do not afford contract breach
      responsibility if the payment delay is due to Party B’s failure of providing valid payment proofing
      files in time.

	 	 	 	 	 	 

	10. 	
      Breach of Contract, Disputes and Claim
Indemnity

	 	 	 	 
		10.1 	
      Breach of Contract

	 	 	 	 
			10.11 	
      Any of the three party can not execute this contract
      fully would be considered as breach of contract.

	 	 	 	 
			10.12 	
      Despite all the three parties all agree to terminate this
      contract, the party which breach the contract should still execute this
      contract while afford the responsibilities of breach of
contract.

	 	 	 	 
			10.13 	
      If Party B does not execute the contract seriously or
      oversee any work and responsibility of Party B specified in this contract,
      and does not take effective measures to improve and take effect within 15
      days after Party A and Party C deliver written notice of require
      improvement, Party A and Party C have the right to terminate the contract
      after consensus and inform Party B by written notice. Party A has the
      right to inform Party C by written notice to keep back reimbursement for
      the economic losses caused by the above behavior from the payment should
      be paid to Party B by Party C.

	 	 	 	 
			10.14 	
      Regarding the penalty of breach of contract that Party B
      should pay to Party A but does not pay to Party A in time after Party B
      receives the written notice from Party A, Party A has the right to inform
      Party C to deduct from the payment should be paid to Party B by Party
      C.

	 	 	 	 
		10.2 	
      Dispute

For any dispute happens during the
executing process of this contract, the two 

Parties should resolve by friendly
negotiation. If negotiation fails, it can be submitted to Shenzhen Arbitration
Committee for arbitration. And the arbitration is the end saying, both parties
should execute without any other conditions. 

	 	10.3 	 Claim Indemnity

When one party claims indemnity from
the other party, cogent reason should be presented and valid evidence proving
the issue causing the claim of indemnity should be provided. 

	11. 	
      Construction Guidance and Quality Warranty

	 	 	 	 
		11.1 	
      Party B should afford the quality warranty responsibility
      during the quality warranty term of the equipment and material delivered
      to the construction party according to law, administrative regulations or
      relative national regulations regarding quality warranty of the equipment
      and material.

	 	 	 	 
			11.11 	
      Term of Quality Warranty: should not be shorter than the
      term specified in this contract and the national regulation. The term
      starts from the date of admission of Zhenye City 2-5 phase. The exact
      length is two years.

	 	 	 	 
			11.12 	
      Quality Warranty Scope: Items included in the contract
      price of this contract, all the other agreements between Party A and Party
      B and quality problem caused by Party B are all included in the quality
      warranty. And all the losses of Party A and property owners due to the
      quality problem caused by Party B should be responsible by Party B.
      Construction project quality problem caused by poor design or improper
      usage by Party A, Party B provide rework service on Party A’s
    expenses.

	 	 	 	 
			11.13 	
      Equipment Installation Guidance and Trial Run of
      Equipment:

	 	 	 	 
				
      Party B should arrange professional engineer to the
      building site of Party A to guide the downloading the equipment and
      arrange trial run for the equipment after the construction party finishes
      the installation; During the trial run, if any failure happens, Party B
      should arrive the location of the equipments within 4 hours upon receiving
      phone calls from Party A or the property owner and solve the failure
      within 48 hours. If Party B does not arrive at the site in time, Party A
      can arrange other companies or people to handle and the cost would be
      deducted from the contract price.

	 	 	 	 
			11.14 	
      After Sale Service and Maintenance

	 	 	 	 
				
      During the quality warranty, despite improper operation
      by the operator, any problem caused by the product itself which influence
      the normal usage of the equipment, Party B should troubleshoot the
      failures within 48 hours after receiving the product with fault delivered
      by the construction party. If Party B does not arrive at the site in time,
      Party A can arrange other companies or people to handle and the cost would
      be deducted from the quality warranty bail and the exceeding part should
      be paid by Party B.

	 	 	11.15 	
      Party B Maintenance
Arrangement

	 	 	 	1) 	
      Party B should nominate fully authorized representative
      to handle the maintenance of this project. 

	 	 	 	2) 	
      Party B’s responsible person for the maintenance:
      Jiangang Feng

	 			
       
	
      Address: 4th Floor, Building 3, Maque Ling Industrial
      Zone, Nanshan District, Shenzhen. 
Tel: 0755-26012511 
Fax:
      0755-26012468
	 	 	 	 
	 		 	
3)
	
Any change to the above information should be informed
        to the maintenance responsible person of Party A by written notice, or
        it would be considered that Party B has already received the information
        Party A delivers.
	 	 	 	 
	 	11.2 	
      Quality Warranty Bail:

	 	 	 	 
	 		11.21 	
      Party B and Party C agree to keep back 5% of the contract
      price as quality warranty bail. Party C should pay the balance of the
      quality warranty bail at a time to Party B within 20 days after the
      quality warranty term (does not include postponement of the guarantee) has
      finished and Party B finishes all the maintenance work ( should be signed
      by Party A and the property managing company).

	 	 	 	 
	 		11.22 	
      If the maintenance fee paid by Party C exceeds the
      quality warranty bail, the exceeding part should still be paid by Party B;
      all the quality warranty bail does not count the interest. If Party B is
      not willing to pay the exceeding part, Party C has the right to deduct
      from other fees should be paid to Party B and if it is still not enough,
      Party C could require reimbursement by means of
law.

	12. 	
      The Safety of Production and the Delivery to the
      Construction Site

	 	 	 
		12.1 	
      The equipment and material specified in this contract is
      not allowed to be produced by producers other than the listed suppliers in
      the equipment and material list of this contract. Once party B has the
      above behavior, Party A and Party C have the right to refuse to accept or
      partially accept, return, partially return or terminate the contract after
      reaching consensus, and all the losses due to such behavior should be
      afforded by Party B.

	 	 	 
		12.2 	
      Consigned production to specified suppliers could not
      exempt any responsibility and obligation of Party B.

	 	 	 
		12.3 	
      The payment to the consigned producer should be settled
      by Party B. Party A and Party C could not pay any fees specified in this
      contract to the consigned producer by any means without agreement of Party
      B.

	 	 	 
		12.4 	
      Party B should obey the relative managing rules on the
      construction site safety after entering the construction site. The
      responsibility of accident caused by improper safety measures by Party B
      and the cost caused should be afforded by Party B.

	 	 	 
		12.5 	
      Party B should be responsible for arranging the meals and
      accommodations of the workers; this project does not provide facilities
      for meals and accommodations.

		12.6	
      If safety accident happens, the cost should be afforded
      by the responsible party for the accident. 

			
       

	 	 	
       
		12.7 	
      If Party B needs to use derrick,outdoor elevator,
      scaffold etc, Party B should inform Party A with the using time and
      requirement in advance and afford the expenses. 

			
       

	 	 	
       
	13.		
      Force Majeure 

			
       

	 	 	
       
		13.1 	
      The standard for force majeure: earth shake above grade
      6, war, turmoil,falling of flying object from the air, explosion not
      caused by Party A or Party B, major national policy adjustment related to
      this project. 

	 	 	
       
		13.2 	
      If any of the above mentioned force majeure happens,
      Party B should take action immediately and inform Party B about the
      influence to delivery. 

			
       

	 	 	
       
	14.		
      Intellectual Property 

			
       

	 	 	
       
			
      Party B should guarantee the products and software used
      in this contract do not breach any third party’s intellectual property. If
      there is any breach of any third party’s intellectual property, Party B
      should afford all the responsibility and all the losses caused to Party A.
      

	15. 	
      Termination of Contract

	 	 	 
		15.1 	
      The contract could be terminated by consensus of all the
      three parties.

	 	 	 
		15.2 	
      If it the circumstances specified in clause 8.11, clause
      8.23 and clause 12.1 of this contract happen, Party A and Party C have the
      right to terminate the contract upon consensus.

	 	 	 
		15.3 	
      If it happens any of the below circumstances, the three
      parties should terminate the contract:

	 	 	 
			
      The force majeure leads to failure of execution of the
      contract;

	 	 	 
			
      Other reasons which leads to the stop or postpone of the
      project which cause the failure of execution of this contract.

	 	 	 
		15.4 	
      In circumstance that Party A and Party C require to
      terminate the contract according to the clause 15.2 of this contract, the
      contract is terminated upon the time Party B receives the written notice
      of Party A and Party C, Party A and Party C should deliver written notice
      to Party B and inform Party B before the two parties deliver the notice to
      Party B.

	 	 	 
		15.5 	
      The termination of this contract would not affect the
      validity of the settlement and clearing clauses specified in this
      contract.

	 	 	 
	16. 	
      The Normal Rights and Obligations of the Three
    Parties

	 	16.1	Party C and Supervisor
  

	 		
16.11 		
In circumstance that Party C authorizes the supervising government department to take part in the inspection and acceptance of the products, the name of the supervising government department, content of supervising, right of
supervising, name of the director, title and obligations are to be specified in the special clauses. In circumstance that Party C requires the director to ask for approval before executing some rights in the special clauses, the director should get
approval before taking any action. If not specified, Party C could perform its responsibility according to the national supervising provisions.

	
	 	 	 	 
	 		
16.12 		
The name and title of representative of Party C should be specified in the special clauses, the authority is: represent Party C to perform the agreed right and obligations of Party C in this contract, sign the order of Party C,
among which any revision to this contract including adding up items, revising parameters and payment of the contract price should be authorized by the legal person of Party C.

	
	 	 	 	 
	 		
16.13 		
Despite the circumstance that it is specified clearly in the contract or that Party A and Party C both agreed after negotiation, the director has no right to terminate any rights and obligations of Party B specified in this
contract.

	
	 	 	 	 
	 		
16.14 		
In circumstance that Party C does not authorize supervising government department to take part in the inspection and acceptance process, the director and representative director mentioned in this contract is the professional
engineer appointed by Party C to the construction site.

	
	 	 	 	 
	
 	
16.2 		
Authorization and Instruction of Project Manager of Party A, Representative and Director of Party C.

	
	 	 	 	 
	 		
16.21 		
Name and title of project manager of Party A should be specified in the special clauses.

	
	 	 	 	 
	 		
16.22 		
The representative and director of Party C could authorize representative to perform the rights and obligations specified in the contract and could withdraw the authorized representative when necessary. But the authorization and
withdrawal all should inform Party B by written notice 7 days in advance.

	
	 	 	 	 
	 			
The correspondences signed by the representative of the representative and director of Party C within the authority scope of the representative and director of Party C have the equivalent validity. If Party B has doubt about the
correspondences, Party B could send the file to the representative and director of Party C for confirmation.

	
	 	 	 	 
	 			
Except the representative and director of Party C and the authorized representative, any other staffs appointed by Party C have no right to deliver any instructions.

	
	 	 	 	 
	 		
16.23 		
The written instructions and notices signed by the project manager of Party A, representative and director of Party C become validate upon the time the project manager of Party B signed the name and receiving time on the
receipt. In urgent circumstance, the project manager of Party A, representative
and director of Party C could deliver oral instructions, but need to confirm by
written notice within 48 hours, Party B should perform the oral instruction
accordingly. If the project manager of Party A, the representative and director
of Party C do not provide written confirmation in time, Party B should require
written confirmation within 3 days after the oral instruction has been
delivered. If Party B does not propose the requirement, Party B should afford
the responsibility. 

	

If Party B thinks the instruction of
the project manager of Party A, the representative and director of Party C is
not proper, Party B should provide a written report about revision of the
instruction to the project manager of Party A, the representative and director
of Party C within 24 hours upon receiving the instructions. The project manager
of Party A, the representative and director of Party C could make decision of
revising the instruction or continue the original instruction. In emergency that
the project manager of Party A, the representative and director of Party C
require Party B to execute the instructions immediately, Party B should execute
the instructions without any conditions. Party A and Party C have the right to
terminate the contract if Party B refuses to execute the instructions. 

	 	 	
      16.24 
	
      If Party C needs to replace the representative and
      director, Party C should inform Party A and Party B by written notice in
      advance. The new representative and director should continue to perform
      the right and obligations of the previous representative and director
      specified in the contract. 

	 	16.3 	
      The Project Manager of Party B

	 	 	 	 
	 		16.31 	
      Name and title of project manager of Party B should be
      specified in the special clauses.

	 	 	 	 
	 		16.32 	
      The notice delivered by Party B according to the contract
      should be signed by the project manager of Party B in written form,
      stamped and be delivered to Party A and the supervising government
      department, or else, Party A and the supervising company have the right to
      refuse acceptance.

	 	 	 	 
	 		16.33 	
      The project manager of Party B should organize production
      and delivery according to the instructions delivered by Party A or its
      nominated supervising government department according to the contract. In
      emergency circumstances that Party A is not able to reach the project
      manager of Party A and director, the project manager should take emergent
      measures to protect the safety of the staff, the equipment/material and
      the property. And a report should be provided to the project manager of
      Party A and the director within 48 hours after the action. The costs are
      to be afforded by the responsible party. If it is Party B’s
      responsibility, the delivery date could not be postponed.

	 	 	 	 
	 		16.34 	
      If Party B needs to replace its project manager, Party B
      should inform Party A and Party C in written notice 7 days in advance,
      enclosed the detailed introduction and resume of the new project manager
      and get approval from Party A and Party C. The new project manager
      should continue to perform the right and obligations specified
      in the contract.

	 		16.35 	
      Party A and Party C could negotiate with Party B to
      replace the project manager of Party B considered to be unqualified by the
      two parties upon reach consensus.

	 	 	 	 	 
	 	16.4 	
      Work of Party A

	 	 	 	 	 
	 		16.41 	
      Party A should complete below work according to the
      content and time specified in the special clauses:

	 	 	 	 	 
	 			1) 	
      Provide sample, drawing or usage technical requirements
      at the time specified in the special clause and verify the manufacturing
      technique proposed by Party B but Party B could not be exempted from the
      responsibility.

	 	 	 	 	 
	 			
      2) 
	
      Examine and verify the packaging and transporting
      measures provide by Party B, but Party B could not be exempted from the
      responsibility.

	 	 	 	 	 
	 			3) 	
      Confirm the delivery confirming note provided by Party B,
      but Party B could not be exempted from the responsibility.

	 	 	 	 	 
	 			4) 	
      Deliver notice to Party B for construction project
      regular meeting 48 hours in advance according to the actual coordination
      needs.

	 	 	 	 	 
	 			5) 	
      Organize inspection and acceptance for the
    products.

	 	 	 	 	 
	 			6) 	
      For the work that should be completed by Party B
      specified in the contract, if Party B refuses to complete or could not
      complete according to the requirements of the contract, Party A and Party
      C have the right to arrange other companies to complete the job if the
      both parties reach consensus. The cost caused should be deducted from the
      payment to Party B.

	 	 	 	 	 
	 			7) 	
      Other work that Party A should do is to be specified in
      the special clauses by the two parties.

	 	 	 	 	 
	 			8) 	
      Deliver instructions to Party B such as adding up the
      quantity, adjusting the delivery date and canceling the order etc in way
      been specified in the contract which agreed by Party C.

	 	 	 	 	 
	 	16.5	
      Work of Party B
 

	 	 	16.5.1 	
      Party B finishes following work according to the content
      and time specified in the special clauses:

	 	 	 	
      <> 
	
      Provide products that conform to the technical standard
      and quality requirement specified in the contract according to the
      equipment/material list, contract price, delivery location, delivery method and time agreed in the contract.
  

	 	 	 	<> 	
      Provide manufacturing technique proposal to Party A
      according to the special clauses, and the cost has already been included
      in the contract price. If contract coverage includes design, Party B
      should execute within the allowed business scope and the design
      certificate grade of Party B and report to the director and the
      representative of Party A before producing the products according to its
      design, and the design fee has already been included in the contract
      price. 

	 	 	 	  	
       

	 	 	 	<> 	
      To take part in the regular meeting of the building
      project according to Party A’s requirement. The project manager of Party B
      should take part in every regular meeting of the building project. If
      Party B can not join the meeting, Party B should submit an application to
      Party A 4 hours in advance, and can not be absent form the meeting without
      Party A’s permission. And Party B should execute the instructions
      confirmed in the meeting unconditionally. 

	 	 	 	  	
       

	 	 	 	<> 	
      The staff of Party B enters the building site with
      equipment/material, who should obey the relevant regulations regarding the
      environmental hygiene management, safety management of the delivery site,
      and take suitable environmental protection and safety protection measures.
      Party B should afford all the responsibilities due to any breach of the
      relative rules because of Party B’s fault. 

	 	 	 	  	
       

	 	 	 	<> 	
      Obey the managing regulations of the relative
      governmental managing department regarding packaging and transporting, and
      handle the relevant procedures according to the rules, and copy to the
      director and representative of Party B. Party B should afford any
      punishment and penalty by the government due to Party B’s fault.

	 	 	 	  	
       

	 	 	 	<> 	
      Coordinate with the selling needs of Party C to deliver
      the equipment/material needed for the sample room in priority . 

	 	 	 	  	
       

	 	 	 	<> 	
      Coordinate with Party A or the supervising company or
      Party C to spot check the raw material, half-finished products, finished
      products and treating process during the manufacturing process as required
      by Party A or supervising company or Party C, and the fees are included in
      the contract price. 

	 	 	 	  	
       

	 	 	 	<> 	
      Other work that Party B should do is to be specified in
      the special clauses by the two parties. 

	 	 	16.5.2 	
      Party B should afford all the relevant loss of Party A
      which are caused by Party B’s failure in performing any of the obligations
      specified in clause 9.1.

	 	16.6 	
      Work of Party C

	 	 	 
	 		
      Party C should complete following work according to the
      content and time specified in the special clauses: 

	 	 	<> 	
      Make adjustment to the arrangement of the building site
      and revision to the design drawing according to the selling needs.
  

	 	 	 	
       

	 	 	<> 	
      Settle the payment with Party B with the agreement of
      Party A. 

	 	 	 	
       

	 	 	<> 	
      Check and verify after the initial check by the
      supervising company and settle payment of the equipment/material to Party
      B 

	 	 	 	
       

	 	 	<> 	
      Organize inspection and acceptance of the final completed
      construction. 

	17. 	
      The Files Included in This Contract

	 	 
		
      The included files and the explanation priority order are
      as follows:

1)The written agreement or file
regarding the negotiation and revision to the purchasing of relevant
equipment/material of Party A and Party B during the execution of this contract;

2)This contract; 
3)Notice of winning the bid ( if this contract is
concluded according to the bidding) 
4)The bidding letter, bidding file and
its appendix ( if this contract is concluded according to the bidding) 
5)The
special clauses of this contract 
6)The normal clauses of this contract

7)The quality warranty instruction of the equipment/materials

8)Standards, regulations and relevant technique files 
9)Drawings and
(or) the samples 
10) The building project list 
11) The project quotation
or the budge letter 
12) Other files included in this contract are listed in
the Special Clauses of part 3 of this contract. 

	18. 	
      Word Definition and the Contract
File

Word Definition

Despite special explanation specified in Special Clauses, the
following words should have definition of below clauses. 

	 	18.1 	
      General clauses: the clauses that apply to the purchase
      and delivery of equipment/material according to the Law of China,
      regulations and need of purchasing and supplying the
      equipment/materials.

	 	 	 
	 	18.2 	
      Special clauses: the clauses made after negotiation with
      consensus according to the actual situation and the Chinese laws and
      regulations which are revision, supplement and further explanation to the
      general clauses.

	 	 	 
	 	18.3 	
      Construction Contract is the general contracting contract
      signed by Party A and Party C, whose name should refer to special
      clauses.

	
 	
18.4 		
Party A: the general contractor of this building project specified in this contract.

	
	 	 	 
	
 	
18.5 		
Party B: concerned party with the qualification of equipment/material supplier accepted by Party A and the legal successor of the concerned party specified in the contract.

	
	
 	
 	
 
	
 	
18.6 		
Party C:  SHENZHEN ZHENYE(GROUP) CO.,LTD
	
	
 	
 	
 

	
 	
18.7 		
Representative of Party C: the authorized representative to perform this contract by Party C, whose detailed rights and obligations are specified in the special clauses.

	
	 	 	 
	
 	
18.8 		
Project Manager of Party A: the representative responsible for construction managing and contract execution nominated in the special clauses.

	
	 	 	 
	
 	
18.9 		
Project Manager of Party B: the representative responsible for supply managing and contract execution nominated in the special clauses.

	
	 	 	 
	
 	
18.10 		
Installation Company: The company responsible for the installation/construction of the equipment/material of this contract, whose name should refer to the special clauses.

	
	 	 	 
	
 	
18.11 		
Supervising Company: The company authorized by Party A responsible for supervising this project, whose name should refer to the special clauses.

	
	 	 	 
	
 	
18.12 		
Director: The director appointed by the supervising company, the detailed rights and obligations are specified in the special clauses.

	
	 	 	 
	
 	
18.13 		
Quality Supervising Inspecting Party: The party authorized by Party A responsible for the quality supervising and inspecting, please see the name in the special clauses.

	
	 	 	 
	
 	
18.14 		
Unit Price: The price of equipment/material per unit.

	
	 	 	 
	
 	
18.15 		
Contract Price: The total price should be paid to Party B by Party C according to the contract for completing the task of supplying products contract coverage and affording all the responsibility of the quality warranty
responsibilities.

	
	 	 	 
	
 	
18.16 		
Additional Contract Price: the price added to the original contract price counted according to the contract price counting method confirmed by Party A under the circumstance that price should be added during the execution of the
contract.

	
	 	 	 
	
 	
18.17 		
Expenses: The expenditure should be afforded by Party A, Party B or Party C which are not included in the contract price.

	
	 	 	 
	
 	
18.18 		
Drawing: All the drawings (including the supporting instructions and relevant materials) needed by Party B for completing supplying task which are provided by Party A or Party B and approved by Party C.

	

	 	18.19	
      Sample: the actual samples (with same appearance,
      measurement, color and weight etc.) needed by Party B for completing the
      supplying task or by Party A for inspection and acceptance which are
      provided by Party A or Party B and confirmed by Party A, whose color,
      pictures or usage function should be verified by Party C.

	 	 	 
	 	18.20	
      Written Form: Form that can display the content
      concretely such as the contract, letter and digital communications
      (including telegram, telex, fax, digital communications and
  emails).

	 	 	 
	 	18.21	
      Responsibility for breach of the contract: the behavior
      of any party of the contract not performing the contract obligations or
      that the performing does not conform to the responsibility should be
      afforded as agreed.

	 	 	 
	 	18.22	
      Reimbursement: The requirement of economic indemnity or
      delivery term postpone to the other party, under circumstance that loss is
      caused not because of the party’s fault but the responsibility should be
      afforded by the other party during the process of execution of the
      contract.

	 	 	 
	 	18.23	
      The time counted by hour specified in this contract, it
      should be counted start from the issue validate (the rest time can not be
      deducted); it is specified to be counted by day, the starting day is not
      included but start to count from the second day. If the last day of the
      time deadline is a rest day or other statutory festivals and holidays, the
      following day after the festivals and holidays should be considered as the
      last day, except for the completion date. The deadline of the last day of
      the time limit is 24:00 of that day.

2)  The Contract Files and the Explanation Order

     18.24 The contract files should be
explainable by each other. Despite agreed separately in the special clauses, the
contract files and the explainable orders are as follows: 

	 	1) 	
      The written agreement or file regarding the negotiation
      and revision to the purchasing of relevant equipment/material of Party A
      and Party B during the execution of this contract;

	 	2) 	
      This contract;

	 	3) 	
      Notice of winning the bid (if this contract is concluded
      according to the bidding)

	 	4) 	
      The bidding letter, bidding file and its appendix (if
      this contract is concluded according to the bidding)

	 	5) 	
      Standards, regulations and relevant technique
  files

	 	6) 	
      Drawings and (or) the samples

	 	7) 	
      The building project list

	 	8) 	
      The project quotation or the budge letter

	 	9) 	
      Other files included in this contract are listed in the
      Special Clauses of part 3 of this contract.

	 	18.25 	
      Under circumstance that the contents of the contract file
      are not clear or contradictable which do not affect the normal schedule of
      building project due to delivery, Party A and Party
B should solve the problem by negotiation. If the
      negotiation fails, the two parties can handle the dispute according to the
      general clauses 10.2.

	3) 	
      Words, Language and the Laws, Standards and Regulations
      Applicable.

	 	 	 
		18.26 	
      Words and language: The files of this contract are using
      Chinese words and language to write, explain and specify.

	 	 	 
		18.27 	
      The applicable laws and regulations: Laws and regulations
      of People’s Republic of China.

	 	 	 
		18.28 	
      The applicable standards and regulations:

	 	 	 
			
      Party A and Party B specify the name of the applicable
      national standards and regulations in the special clauses; to specify the
      name of the applicable district standards and regulations if there are no
      national standards and regulations. Party B should provide two copies of
      the agreed standards and regulations to Party A and Party C according to
      the time specified in the special clauses.

	 	 	 
			
      If there are no relative standards and regulations
      domestically, Party A should provide technical standards and quality
      requirement to Party B according to the time specified in the special
      clauses, Party B proposes the manufacturing technique according to agreed
      time and requirement, and start to execute upon the approval by Party A.
      And it should be approved by Party C with regard to the color, pictures or
      usage functions. If Party A requires applying the abroad standards and
      regulations, Party A should provide the Chinese
version.

The expenditure for purchasing,
translating the standards and regulations or making the building technique
should be afforded by Party B. 

4)            Drawings and Samples 

18.29 Under circumstance that Party B
needs to design and manufacture according to the drawings provided by Party A,
Party A should provide the drawings to Party B or authorize Party C to provide
the drawings to Party B according to the date and quantity specified in the
special clauses. 18.30 If Party B needs to add up the quantity of the drawings,
the provider of the drawings should copy for Party B at Party B’s cost. 

18.31 Party C has confidential
requirement to this project. Party B should perform the obligation of
confidentiality of the drawings, Party B can not pass the drawings of this
project to the third party without permission of Party C. Despite using for file
keeping, other drawings should be returned to Party C upon delivery of the
products. Party C and Party B agree that no confidentiality fee should be
applied. 

18.32 Party B should provide a set of
complete drawings upon delivery for the relative people of the supervising
company, Party A and Party C to use during inspection. 

18.33 If the drawings are designed by
Party B, Party B should provide two copies each to Party A and Party C. But the
clauses 4.3 and 4.4 are still applicable. 

18.34 Under circumstance that the
drawings and materials provided by Party A are not complete, Party B should
provide a list of the supplemented drawings and materials and the time to Party
A, the list should specify the detailed names of the drawings and materials
should be supplemented and the deadline which will not affect the manufacturing
schedule. Party B should inform Party A by written notice as soon as possible,
if the delivery of products is delayed because Party B does not propose the
above requirement in time, the loss caused by the delay are to be afforded by
Party B. 

		
      18.35 At the same time of signing the contract, Party B
      should put the confirmed equipment/material samples in the office of Party
      A, the supervising company or Party C or an agreed location. The
      supervising company will verify whether the material used during the
      building process by Party B conforms to Party A and Party C’s requirement
      according to the samples. The cost of the samples is already included in
      the contract price.

	 	 
		
      18.36 Under circumstance that Party B manufactures
      according to the sample provided by Party A and Party C, Party B can not
      transfer the equipment/material samples to other people without permission
      of Party A and Party C and should return the samples upon delivery of the
      products.

	 	 
	19. 	
      Incorruption Requirement

	 	 
		
      19.1 
	
      Party A, Party B and Party C and relative staff must obey the following
      regulations and principles:

     1) Obey strictly the relevant laws,
regulations of the Communist Party and the country and the rules about
incorruption building; 

     2) The business activities of the
three parties should follow the principles of open, fairly, honest and
transparent. 

     3) Any party has the right and
obligation to remind the other party to amend discovering that another party has
behavior of breaching the relevant laws and regulations and rules of
incorruption in business activities. 

     4) Any party has the right to suggest
to punish the party and to be informed of the result discovering any of the
three parties has serious behavior breaching the clauses agreed in this
agreement. 

	 	19.2 	
      The corruption rules Party C should
  obey:

     1) Party C (including all the
departments belong to Party C, same as below) and its staff can not accept
pickings such as kickback, introduction fees, handling fees in any form. 

     2) Party C and its staff can not ask
for or accept cash gift, securities, valuable presents, or communication tools,
transportation vehicles, high-class office supplies and other property. 

     3) Party C and its staff can not
write-off any expenses which should be afforded by Party C or private from Party
A and Party B. 

     4) Party C and its staff can not
require or join dinners and entertainment activities arranged by Party A or
Party B which would possibly affect the fairness of the business. 

     5) Party C and its staff can not
require of accept convenience provided by Party A or Party B such as house
decoration, marriage, funeral, work arrangement for relatives and abroad travel.

     6) Party C and its staff can not seek
for illegitimate interests by introducing building company or material suppliers
to Party A and Party B by any reason. 

     7) The staff of Party C can not lower
the standards of the material and equipment delivered because of accepting
corruption from Party A and Party B by any form. 

     8) The staff of Party C can not work
for Party A and Party B to introduce financing, pooling, or as a guarantee
company. 

     9) The staff of Party C can not do
part time managing job in Party A and Party B which will breach the rules, and
take part in the economic activities related to the inside managing activity of
Party A and Party B. 

     10) Party C and its staff can not
conduct any other activities which will breach the regulations of incorruption.

	 	19.3 	
      The corruption rules Party A and Party B should
    obey:

     1) Party A and Party B (including all
the departments belong to Party A and Party B, same as below) and its staff can
not accept pickings such as kickback, introduction fees, handling fees in any
form. 

     2) Party A and Party B and its staff
can not ask for or accept cash gift, securities, valuable presents, or
communication tools, transportation vehicles, high-class office supplies and
other property. 

     3) Party A and Party B and its staff
can not write-off any expenses which should be afforded by Party A and Party B
or private from Party C. 

     4) Party A and Party B and its staff
can not require or join dinners and entertainment activities arranged by Party C
which would possibly affect the fairness of the business. 

     5) Party A and Party B and its staff
can not require of accept convenience provided by Party C such as house
decoration, marriage, funeral, work arrangement for relatives and abroad travel.

     6) Party A and Party B and its staff
can not seek for illegitimate interests by introducing building company or
material suppliers to Party C by any reason. 

     7) The staff of Party A and Party B
can not lower the standards of the material and equipment delivered because of
accepting corruption from Party C by any form. 

     8) The staff of Party A and Party B
can not work for Party C to introduce financing, pooling, or as a guarantee
company. 

     9) The staff of Party A and Party B
can not do part time managing job in Party C which will breach the rules, and
take part in the economic activities relative to the inside managing activity of
Party C. 

    10) Party A and Party B and its staff
can not conduct any other activities which will breach the regulations of
incorruption. 

	 	19.4 	
      Supervising right and obligation of Party A, Party B and
      Party C:

     1) Party A and Party B should stop the
behavior of the staff of Party C and report to the discipline inspection
department of Party C (Tel: Committee of Party and Discipline Inspection:
0755-25863100, Audit supervision department: 0755-25863378) discovering the
staff of Party C have the behavior of breaching the rules of incorruption; Party
A and Party B should cooperate actively while the discipline supervision
department of Party C conducts investigation. 

     2) Party C should stop the behavior of
the staff of Party A and Party B and report to Party A discovering the staff of
Party A and Party B have the behavior of breaching the rules of incorruption in
order to get abnormal interest. Party B should cooperate actively while Party A
and Party B conduct investigation. 

19.5 Under circumstance that the staff of Party C breach the
incorruption rules specified in this contract and leads to economic losses of
Party A and Party B, Party C should return the illegal gain or abnormal interest
to Party A and Party B and reimburse to the two parties; Meanwhile, Party C
should conduct punishment to responsible staff such as criticize, educate,
record a demerit, transfer, degrade, decapitation, expulse from the Party and
discharge from office, if the behavior has breached the law and with serious
nature and caused major economic loss, Party C should transfer the staff to
jurisdiction department to investigate for criminal responsibility. 

19.6 Under circumstance that Party A, Party B and its staff
breach the incorruption rules specified in this contract, Party C has the right
to choose below punishing measures according to the seriousness of the behavior:

     1) Party C has the right to require
Party A and Party B to return its illegal gain or abnormal interest gained
because of its behavior of corruption. 

     2) Party C has the right to ask for
penalty of breach of the contract 10 times of the corruption amount, under
circumstance that Party A, Party B and its staff breach the rules of
incorruption or corrupt the staff of Party C by illegal means which leads to
breach of discipline of staff of Party C. 

     3) Party C has the right to require
Party A and Party B to replace the project manager appointed to Party C,
withdraw the direct responsible person who breaches the rules of incorruption
and do not arrange the person to do any other job relative to Party C. 

     4) Under circumstance that Party A,
Party B or its staff breach the incorruption rules specified in this contract
and leads to economic losses of Party C, and if the contract has not be
completed, Party C has the right to terminate the business contract, Party C has
to right to require reimbursement from Party A and Party B with regards to the
economic losses caused, meanwhile, Party C has the right to require the penalty for breach of the contract at 5% of the contract price
from Party A and Party B and investigate for joint responsibility caused. 

     5) Under circumstance that Party A,
Party B or its staff breach the incorruption rules specified in this contract
and leads to economic losses of Party C, and if the contract has been completed,
Party C has the right to terminate the business contract, Party C has to right
to require reimbursement from Party A and Party B with regards to the economic
losses caused, meanwhile, Party C has the right to require the penalty for
breach of the contract at 5% of the contract price from Party A and Party B and
investigate for joint responsibility caused. 

     6) Under circumstance that Party A,
Party B or its staff breach the incorruption rules specified in this contract,
Party C can record such behavior into the incorruption credibility file for
Party A and Party B set up by Party C, as crucial reference for choosing
business partners by Party C until terminating the cooperative relations with
Party A and Party B and announce that Party A and Party B has been listed in the
blacklist. 

     7) Under circumstance that Party A,
Party B or its staff breach the incorruption rules specified in this contract
and the behavior has breach the law and with serious nature and cause major
economic loss, Party C should transfer the staff to jurisdiction department to
investigate for criminal responsibility. 

	20. 	
      Other Clauses:

     • The effective using time limit of
this product in normal condition is 5 years. Party B agrees to continue to
provide mending service during the term from the free quality warranty to the
end of the effective using time limit. Under circumstance that improper usage or
other human factors leads to the malfunction of the product, Party B should
provide mending service at fees equivalent to the cost; Party B would provide
mending service or replacing the product free of charge. 

     • Party A promises to Party B and
Party C to provide cooperation in way specified in the Building Contract and
afford the responsibility of management of the whole building site of the
project and control of quality and time. 

     • Party B promises to Party A and
Party C to supply according to the agreement of the contract and afford the
equipment/material quality warranty responsibility during the quality warranty
period. 

     • Party C promises to Party A and
Party B to pay the contract price of the equipment/material in way specified in
the contract and other expenses should be paid. 

21. 

Validity and
Termination of the Contract 

21.1 

The way of
validating the contract should be specified in the agreement by the three
parties. 

21.2 

This project is
terminated once Party A, Party B and Party C completed all the obligations of
the contract.

21.3 

After the
termination of the contract, Party A, Party B and Party C should follow the
principles of honest and faithful to perform the obligations such as informing,
assisting and keeping confidentiality etc. 

22. 

Contract Copies 

22.1 

This contract is
in 3 originals with the same validity, with Party A, Party B and Party C keeping
one copy each.

22.2 

This contract is
in 6 copies, with Party A, Party B and Party C keeping two copies each.

22.3 

Under
circumstance that the original does not conform to the copy, follow the
original. 

Party A: SHENZHEN FIRST CONSTRUCTION ENGINEERING CO., LTD. 

                   
(Stamp) 

Address: 

Legal Person:Kunhe Huang

Tel: 

Bank of Deposit: 

Account Number: 

Post Code: 
 

Party B: SHENZHEN SKYRISE TECHNOLOGY CO., LTD 

                    (Stamp) 

Address: 4th Floor, Building 3, Maque Ling
Industrial Zone, Nanshan District, Shenzhen 

Legal Person: Mingchun Zhou 

Tel: 0755-26012511 

Bank of Deposit: Shenzhen Ping An Bank 

Account Number: 0012100609731 

Post Code: 
 

Party C: SHENZHEN ZHENYE(GROUP) CO., LTD. 

                    (Stamp) 

Address: 

Legal Person: Fuchuan Li 

Tel: 

Bank of Deposit: 

Account Number: 

Post Code: 

8/1/2008

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