Document:

Exhibit
      10.3

     

    EQUITY
      PLEDGE AGREEMENT 

    (English
      Translation)

     

    This
      Equity Pledge Agreement (hereinafter this “Agreement”)
      is
      dated August 17, 2007 and effective as of March 8, 2006, and is entered into
      between Shaanxi
      Xilan Natural Gas Equipment Co.,Ltd.,
      a
      company incorporated under the laws of the PRC (“Pledgee”),
      and
      each of the shareholders of XXNG listed on Appendix 3 and the signature pages
      hereto (collectively, the “Pledgors”),
      and
Xi'an
      Xilan Natural Gas Co.,Ltd.,
      (hereinafter “XXNG”),
      a
      company with joint stock limited liability registered in Xi’an,
      China.

     

    RECITALS

     

    I.
       The
      Pledgee, a joint stock limited liability company registered in Xi’an, Shaanxi
      Province, the People’s Republic of China (hereinafter “PRC”),
      has
      been licensed by the PRC relevant government authority to carry on the business
      of natural gas equipment purchase and sale (except the items not obtained the
      specified approval).

    

    II. Each
      Pledgor is a citizen of PRC. The Pledgors collectively own over 50% of the
      outstanding Equity Interest of XXNG. 

    

    III.
       Pledgee
      and XXNG executed a Consulting Services Agreement (hereinafter “Consulting
      Services Agreement”
or
      “Services
      Agreement”)
      concurrently herewith, and such agreement has a term of 10 years. Based on
      this
      agreement, XXNG shall pay technical consulting and service fees (hereinafter
      the
“Consulting
      Services Fees”
or
      “Services
      Fees”)
      to
      Pledgee for offering consulting and related services. 

    

    IV.
       In
      order
      to ensure that XXNG will perform its obligations under the Consulting Services
      Agreement, and the Pledgee can normally collect the Consulting Services Fees
      from XXNG, the Pledgors agree to pledge all their Equity Interest in XXNG as
      security for the performance of the obligations of XXNG under the Consulting
      Services Agreement and the payment of Consulting Services Fees under such
      agreement. 

    

    NOW
      THEREFORE,
      the
      Pledgee, XXNG and the Pledgors through mutual negotiations hereby enter into
      this Agreement based upon the following terms: 

     

    1.
       Definitions
      and Interpretation.
      Unless
      otherwise provided in this Agreement, the following terms shall have the
      following meanings:

    

    1.1 “Pledge”
refers
      to the full content of Section 2 hereunder.

    

    1.2 “Equity
      Interest”
refers
      to all the equity interest in XXNG legally held by the Pledgors.

    

    1.3 “Term
      of Pledge”
refers
      to the period provided for under Section 3.2 hereunder.

    

    1.4 “Event
      of Default”
refers
      to any event in accordance with Section 7.1 hereunder.

    

    1.5 “Notice
      of Default”
refers
      to the notice of default issued by the Pledgee in accordance with this
      Agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    2.
       Pledge.
      The
      Pledgors agree to pledge their Equity Interest in XXNG to the Pledgee
      (“Pledged
      Collateral”)
      as a
      security for the obligations of XXNG under the Consulting Services Agreement.
      Pledge under this Agreement refers to the rights owned by the Pledgee, who
      shall
      be entitled to a priority in receiving payment by the evaluation or proceeds
      from the auction or sale of the Equity Interest pledged by the Pledgors to
      the
      Pledgee. 

    

    3.
       Term
      of Pledge.
      

    

    3.1
       The
      Pledge shall take effect as of the date when the Equity Interest under this
      Agreement is recorded in the Register of Shareholder of XXNG. The term of the
      Pledge shall be for two (2) years after the obligations under the Consulting
      Services Agreement will have been fulfilled. The parties agree that, if
      situations allow, they will use their best efforts to register the Pledge with
      the competent Administration for Industry and Commerce at the registration
      venue
      of XXNG.

    

    3.2
       During
      the term of the Pledge, the Pledgee shall be entitled to vote, control, sell,
      or
      dispose of the Pledged Collateral in accordance with this Agreement in the
      event
      that Pledgors do not perform their obligation under the Consulting Services
      Agreement and XXNG fails to pay exclusive technology consulting service fee
      in
      accordance with the Consulting Services Agreement.

    

     4. Physical
      Possession of Documents.
      

    

    4.1 During
      the term of Pledge under this Agreement, the Pledgors shall deliver the physical
      possession of their certificates representing shares of capital stock of XXNG
      (“Share
      Certificates”)
      to the
      Pledgee within one (1) week as of the date of conclusion of this
      Agreement.

    

    4.2 The
      Pledgee shall be entitled to collect the dividends for the Equity
      Interest.

    

    4.3 The
      Pledge under this Agreement will be recorded in the Register of Shareholders
      of
      XXNG.

     

    5.
       Representation
      and Warranties of Pledgors.

    

    5.1 The
      Pledgors own, beneficially and of record, good and marketable title to the
      Equity Interest free and clear of all security interests, liens, adverse claims,
      encumbrances, equities, proxies, options or stockholders’ agreements. Each of
      the Pledgor represents that such Pledgor has no right or claims whatsoever
      to
      any shares of XXNG capital stock other than the Equity Interest, and does not
      have any options, warrants or any other instruments or rights entitling such
      Pledgor to purchase or otherwise acquire shares of XXNG capital
      stock.

    

    5.2 The
      Pledgors have not pledged the Equity Interest to any other party, and the Equity
      Interest is not encumbered to any other person except for the Pledgees.

    

    6.
       Covenants
      of Pledgors.

    

    6.1 During
      the effective term of this Agreement, the Pledgors promise to the Pledgee for
      its benefit that the Pledgors shall:

    

    6.1.1 Not
      transfer or assign the Equity Interest, create or permit to create any pledges
      which may have an adverse effect on the rights or benefits of the Pledgee
      without prior written consent from the Pledgee;

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    6.1.2 Comply
      with and implement laws and regulations with respect to the pledge of rights;
      present to the Pledgee the notices, orders or suggestions with respect to the
      Pledge issued or made by the competent authority within five (5) days upon
      receiving such notices, orders or suggestions; and comply with such notices,
      orders or suggestions; or object to the foregoing matters at the reasonable
      request of the Pledgee or with consent from the Pledgee;

     

    6.1.3 Timely
      notify the Pledgee of any events or any received notices which may affect the
      Pledgor’s Equity Interest or any part of its right, and any events or any
      received notices which may change the Pledgor’s any warranty and obligation
      under this Agreement or affect the Pledgor’s performance of its obligations
      under this Agreement.

     

    6.2 The
      Pledgors agree that the Pledgee’s right to the Pledge obtained from this
      Agreement shall not be suspended or inhibited by any legal procedure launched
      by
      the Pledgor or any successors of the Pledgor or any person authorized by the
      Pledgor or any such other person.

     

    6.3 The
      Pledgors promise to the Pledgee that in order to protect or perfect the security
      for the payment of the Services Fees, the Pledgors shall execute in good faith
      and cause other parties who have interests in the pledge to execute all the
      title certificates, contracts, and perform actions and cause other parties
      who
      have interests to take action, as required by the Pledgee; and make access
      to
      exercise the rights and authorization vested in the Pledgee under this
      Agreement.

     

    6.4 The
      Pledgors promise to the Pledgee that they will execute all amendment documents
      (if applicable and necessary) in connection with any transfer of the Share
      Certificates with the Pledgee or its designated person (natural person or a
      legal entity), and provide the notice, order and decision to the Pledgee by
      who
      considers to be necessary within reasonable time.

     

    6.5 The
      Pledgors promise to the Pledgee that they will comply with and perform all
      the
      guarantees, covenants, warranties, representations and conditions for the
      benefits of the Pledgee. The Pledgors shall compensate all the losses suffered
      by the Pledgee for the reasons that the Pledgors do not perform or fully perform
      their guarantees, covenants, warranties, representations and
      conditions.

     

    7. Events
      Of Default.

    

    7.1 The
      following events shall be regarded as the events of default:

     

    7.1.1 This
      Agreement is deemed illegal by a governing authority in the PRC, or the Pledgor
      is not capable of continuing to perform the obligations herein due to any reason
      except force majeure;

     

    7.1.2 XXNG
      fails to make full payment of the Services Fees as scheduled under the Service
      Agreement;

    

    7.1.3 A
      Pledgor
      makes any material misleading or mistaken representations or warranties under
      Section 5 herein, and/or the Pledgor breaches any warranties under Section
      5
      herein;

     

    7.1.4 A
      Pledgor
      breaches the covenants under Section 6 herein;

     

    7.1.5 A
      Pledgor
      breaches the term or condition herein;

     

    7.1.6 A
      Pledgor
      waives the pledged Equity Interest or transfers or assigns the pledged Equity
      Interest without prior written consent from the Pledgee;

    

    7.1.7 XXNG
      is
      incapable of repaying the general debt or other debt;

     

    7.1.8 The
      property of the Pledgor is adversely affected causing the Pledgee to believe
      that the capability of the Pledgor to perform the obligations herein is
      adversely affected;

    

    7.1.9 The
      successors or agents of the XXNG are only able to perform a portion of or refuse
      to perform the payment obligations under the Service Agreement;

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    7.1.10 The
      breach of the other terms by action or inaction under this agreement by the
      Pledgor.

     

    7.2 The
      Pledgor shall immediately give a written notice to the Pledgee if the Pledgor
      is
      aware of or discovers that any event under Section 7.1 herein or any event
      that
      may result in the foregoing events has occurred or is likely to
      occur.

     

    7.3 Unless
      the event of default under Section 7.1 herein has been solved to the Pledgee’s
      satisfaction, the Pledgee, at any time when the event of default occurs or
      thereafter, may give a written notice of default to the Pledgor and require
      the
      Pledgor to immediately make full payment of the outstanding Service Fees under
      the Service Agreement and other payables or exercise other rights in accordance
      with Section 8 herein.

    

    8. Exercise
      of Remedies.

     

    8.1 Authorized
      Action by Secured Party.
      The
      Pledgors hereby irrevocably appoint Pledgee the attorney-in-fact of the Pledgors
      for the purpose of carrying out the security provisions of this Agreement and
      taking any action and executing any instrument that the Pledgee may deem
      necessary or advisable to accomplish the purposes of this Agreement. If an
      event
      of default occurs, or is continuing, Pledgee shall have the right to exercise
      the following rights and powers:

    

    (a) Collect
      by legal proceedings or otherwise and endorse, receive and receipt for all
      payments, proceeds and other sums and property now or hereafter payable on
      or on
      account of the Pledged Collateral;

    

    (b) Enter
      into any extension, reorganization, deposit, merger, consolidation or other
      agreement pertaining to, or deposit, surrender, accept, hold or apply other
      property in exchange for the Pledged Collateral;

    

    (c) Transfer
      the Pledged Collateral to its own or its nominee’s name;

    

    (d) Make
      any
      compromise or settlement, and take any action it deems advisable, with respect
      to the Pledged Collateral;

    

    (e) Notify
      any obligor with respect to any Pledged Collateral to make payment directly
      to
      the Pledgee; 

    

    (f) All
      rights of the Pledgors to exercise the voting and other consensual rights it
      would otherwise be entitled to exercise without any action or the giving of
      any
      notice shall cease, and all such rights shall thereupon become vested in the
      Pledgee;

    

    (g) All
      rights of the Pledgors to receive distributions with respect to the Pledged
      Collateral which it would otherwise be authorized to receive and retain shall
      cease and all such rights shall thereupon become vested in the Pledgee;
      and

     

    (h) The
      Pledgors shall execute and deliver to the Pledgee appropriate instruments as
      the
      Pledgee may request in order to permit the Pledgee to exercise the voting and
      other rights which it may be entitled to exercise and to receive all
      distributions which it may be entitled to receive.

    

    The
      Pledgors hereby grant to Pledgee an exclusive, irrevocable power of attorney,
      with full power and authority in the place and stead of the Pledgors to take
      all
      such action permitted under this Section
      8.1.
      Such
      power of attorney shall be effective, automatically and without the necessity
      of
      any action (including any transfer of any Pledged Collateral) by any person,
      upon the occurrence and continuance of an event of default. Pledgee shall not
      have any duty to exercise any such right or to preserve the same and shall
      not
      be liable for any failure to do so or for any delay in doing so.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    8.2 Event
      of default; Remedies.
      Upon
      the occurrence of an event of default, Pledgee may, without notice to or demand
      on the Pledgors and in addition to all rights and remedies available to Pledgee,
      at law, in equity or otherwise, do any of the following:

     

    (a) Require
      the Pledgors to immediately pay all outstanding unpaid amounts due under the
      Consulting Services Agreement;

    

    (b) Foreclose
      or otherwise enforce Pledgee’s security interest in any manner permitted by law
      or provided for in this Agreement;

    

    (c)
       Sell
      or
      transfer the rights or otherwise dispose of any Pledged Collateral at one or
      more public or private sales at Pledgee’s place of business or any other place
      or places, whether or not such Pledged Collateral is present at the place of
      sale, for cash or credit or future delivery, on such terms and in such manner
      as
      Pledgee may determine;

    

    (d)
       Personally,
      or by agents or attorneys, immediately take possession of the Pledged Collateral
      or any part thereof, from the Pledgors or any other person who then has
      possession of any part thereof with or without notice or process of
      law;

    

    (e)
       Demand,
      sue for, collect or receive any money or property at any time payable or
      receivable in respect of the Pledged Collateral;

    

    (f)
       Sell
      or
      otherwise liquidate, or direct the Pledgors to sell, assign, transfer or
      otherwise liquidate the Pledged Collateral or any part thereof, and take
      possession of the proceeds of any such sale or liquidation;

    

    (g)
       Exercise
      any and all rights as beneficial and legal owner of the Pledged Collateral,
      including, without limitation, perfecting assignment of and exercising any
      and
      all voting, consensual and other rights and powers with respect to any Pledged
      Collateral; and

    

    (i)
      All
      the rights and remedies of a secured party upon default under applicable
      law.

    

    8.3 The
      Pledgee shall give a notice of default to the Pledgors when the Pledgee
      exercises its remedies under this Agreement.

    

    8.4 Subject
      to Section 7.3, the Pledgee may exercise its remedies under this Agreement
      at
      any time after the Pledgee gives a notice of default in accordance with Section
      7.3 or thereafter.

    

    8.5 The
      Pledgee is entitled to a priority in receiving payment by the evaluation or
      proceeds from the auction or sale of whole or part of the Equity Interest
      pledged herein in accordance with legal procedure until the unpaid Services
      Fees
      under the Services Agreement are repaid.

    

    8.6 The
      Pledgor shall not hinder the Pledgee from exercising its rights in accordance
      with this Agreement and shall give necessary assistance so that the Pledgee
      may
      exercise its rights in full.

    

    9. Indemnification.

    

    9.1. The
      Pledgors hereby indemnifies, saves and holds harmless XXNG, Xilan Equipment,
      Xilan Liquefied Natural Gas Co., Ltd., China Natural Gas, Inc., and each of
      their present and former stockholders, directors, officers, employees, agents,
      affiliates and representatives (each an “Indemnitee”) from and against any and
      all manner of action or actions, cause or causes of action, in law or in equity,
      suits, debts, liens, contracts, agreements, promises, liability, claims,
      demands, damages, loss, cost or expense, of any nature whatsoever, known or
      unknown, fixed or contingent, (hereinafter called “Claims”), arising out of,
      based upon, or relating to the representations and warranties made by the
      Pledgor in Section
      5
      above.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    9.2 Expenses
      incurred by Indemnitee in connection with any Claims shall be paid by the
      Pledgors in advance upon request of Indemnitee that the Pledgors pay such
      Expenses. Indemnitee hereby undertakes to repay to the Pledgors the amount
      of
      any Expenses theretofore paid by the Pledgors to the extent that it is
      ultimately determined that such Expenses were not reasonable or that Indemnitee
      is not entitled to indemnification. The term “Expenses” shall mean all
      reasonable expenses incurred by the Indemnitee in connection with the Claims
      which shall include, without limitation, damages, judgments, fines, penalties,
      settlements, costs, attorneys’ fees, disbursements and costs of attachment or
      similar bonds, investigations, and any such expenses of establishing a right
      to
      indemnification under this Agreement.

    

    10.
       Assignment.

    

    10.1 The
      Pledgors shall not donate or transfer rights and obligations herein without
      prior consent from the Pledgee. 

    

    10.2 This
      Agreement shall be binding upon each of the Pledgors and his, her or its
      successors and be binding on the Pledgee and his each successor and
      assignee.

    

    10.3 The
      Pledgee may transfer or assign his all or any rights and obligations under
      the
      Service Agreement to any individual specified by it (natural person or legal
      entity) at any time. In this case, the assignee shall enjoy and undertake the
      same rights and obligations herein of the Pledgee as if the assignee is a party
      hereto. When the Pledgee transfers or assigns the rights and obligations under
      the Service Agreement, and such transfer shall only be subject to a written
      notice serviced to Pledgors, and at the request of the Pledgee, the Pledgors
      shall execute the relevant agreements and/or documents with respect to such
      transfer or assignment.

    

    10.4 After
      the
      Pledgee’s change resulting from the transfer or assignment, the new parties to
      the Pledge shall execute a new pledge contract.

    

    11. Effectiveness
      and Term.
      The
      agreement is effective as of the date first set forth above and from the date
      when the Pledge is recorded on the Register of Shareholders of XXNG.

    

    12. Formalities,
      Fees and Other Charges.

    

    12.1 The
      Pledgors shall be responsible for all the fees and actual expenses in relation
      to this Agreement including but not limited to legal fees, cost of production,
      stamp tax and any other taxes and charges. If the Pledgee pays the relevant
      taxes in accordance with the laws, the Pledgors shall fully indemnify the
      Pledgee such taxes paid by the Pledgee.

     

    12.2 The
      Pledgors shall be responsible for all the fees (including but not limited to
      any
      taxes, formalities fees, management fees, litigation fees, attorney’s fees, and
      various insurance premiums in connection with disposition of Pledge) incurred
      by
      the Pledgors for the reason that the Pledgors fail to pay any payable taxes,
      fees or charges for other reasons which cause the Pledgee to recourse by any
      means or ways.

     

    13. Force
      Majeure.

    

    13.1 “Force
      Majeure,”
shall
      include but not be limited to acts of governments, acts of nature, fire,
      explosion, typhoon, flood, earthquake, tide, lightning, war, refers to any
      unforeseen events beyond the party’s reasonable control and cannot be prevented
      with reasonable care. However, any shortage of credit, capital or finance shall
      not be regarded as an event beyond a Party’s reasonable control. The affected
      party by Force Majeure shall notify the other party of such event resulting
      in
      exemption promptly.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    13.2 In
      the
      event that the affected party is delayed in or prevented from performing its
      obligations under this Agreement by Force Majeure, only within the scope of
      such
      delay or prevention, the affected party will not be responsible for any damage
      by reason of such a failure or delay of performance. The affected party shall
      take appropriate means to minimize or remove the effects of Force Majeure and
      attempt to resume performance of the obligations delayed or prevented by the
      event of Force Majeure. After occurrence of an event of Force Majeure, when
      such
      event or condition ceases to exist, both parties agree to resume the performance
      of this Agreement with their best efforts. 

     

    14. Confidentiality.
      The
      parties of this agreement acknowledge and make sure that all the oral and
      written materials exchanged relating to this contract are confidential. All
      the
      parties have to keep them confidential and can not disclose them to any other
      third party without other parties’ prior written approval, unless: (a) the
      public know and will know the materials (not because of the disclosure by any
      contractual party); (b) the disclosed materials are required by laws or stock
      exchange rules; or (c) materials relating to this transaction are disclosed
      to
      parties’ legal consultants or financial advisors, however, who have to keep them
      confidential as well. Disclosure of confidential information by employees or
      hired institutions of the parties is deemed as the act by the parties,
      therefore, subjecting them to liability.

    

    15. Dispute
      Resolution.

    

    15.2 This
      Agreement shall be governed by and construed in accordance with the PRC
      law.

     

    15.3 The
      parties shall strive to settle any dispute arising from the interpretation
      or
      performance, or in connection with this Agreement through friendly consultation.
      In case no settlement can be reached through consultation, each party can submit
      such matter to China International Economic and Trade Arbitration Commission
      (“CIETAC”)
      for
      arbitration. The arbitration shall follow the current rules of CIETAC, and
      the
      arbitration proceedings shall be conducted in Chinese and shall take place
      in
      Beijing. Any resulting arbitration award shall be final and binding upon the
      parties.

     

    16. Notices.
      Any
      notice which is given by the parties hereto for the purpose of performing the
      rights and obligations hereunder shall be in writing. Where such notice is
      delivered personally, the time of notice is the time when such notice actually
      reaches the addressee; where such notice is transmitted by facsimile, the notice
      time is the time when such notice is transmitted. If such notice does not reach
      the addressee on business date or reaches the addressee after the business
      time,
      the next business day following such day is the date of notice. The delivery
      place is the address first written above of the parties hereto or the address
      advised in writing including via facsimile from time to time.

    

    17. Entire
      Contract.
      All
      Parties agree that this Agreement constitute the entire agreement of the Parties
      with respect to the subject matter therein upon its effectiveness and supersedes
      and replaces all prior oral and/or written agreements and understandings
      relating to this Agreement.

    

    18. Severability.
      Any
      provision of this Agreement which is invalid or unenforceable because of
      inconsistent with the relevant laws shall, as to that jurisdiction, be
      ineffective to the extent of such invalidity or unenforceability, without
      affecting in any way the remaining provisions hereof.

    

    19. Appendices.
      The
      appendices to this Agreement are entire and integral part of this
      Agreement.

     

    20. Amendment
      or Supplement.

     

    20.1 Parties
      may amend and supply this Agreement with a written agreement, provided that
      such
      amendment shall be duly executed and signed by the Pledgee, XXNG, and holders
      of
      a majority of the shares of XXNG held by the Pledgors, and such amendment shall
      thereupon become a part of this Agreement and shall have the same legal effect
      as this Agreement. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    20.2 This
      agreement and any amendments, modification, supplements, additions or changes
      hereto shall be in writing and come into effect upon being executed and sealed
      by the parties hereto.

     

    21. Copies
      of the Agreement.
      This
      Agreement is executed by the Parties in counterparts, each Party holds one
      counterpart, and each original has the same legal effect.

    

    22. Language
      and Counterparts.
      This
      Agreement is written in both Chinese and English language in two copies, each
      party having one copy with equal legal validity, in case there is any conflict
      between the Chinese version and the English version, the English version shall
      prevail.

    

    [SIGNATURE
      PAGE FOLLOWS]

     

    
      
        
        

      

      
        
        

        
          

        

      

       

    

    IN
      WITNESS WHEREOF
      each
      party hereto has caused this Agreement duly executed by itself or a duly
      authorized representative on its behalf as of the date first written
      above.

     

    
      	
              PLEDGEE:

            	 	 	 
	 	 	 	 
	
              Shaanxi
                Xilan Natural Gas Equipment Co.,Ltd.

            	 	 	 
	 	 	 	 
	 	 	 	 
	
              By:
                /s/
                Qinan Ji 

            	 	 	
            
	
              
                

              
      Qinan
              Ji, Chairman	 	 	
            
	
            	 	 	
            
	 	 	 	 
	
              Xi'an
                Xilan Natural Gas Co.,Ltd

            	 	 	 
	 	 	 	 
	 	 	 	 
	
              By: /s/
                Qinan Ji

            	 	 	 
	
              
                

              

              
                Qinan
                  Ji, Chairman

              

            	 	 	 
	 	 	 	 

    

     

    
      	
              PLEDGORS:

            	 	 	 
	 	 	 	 
	 	 	 	 

    

    
      
        	
                By: 
                  /s/ Qinan Ji

              	 	 	
              
	
                
                  

                

                Name: 
                  QINAN JI

              	 	 	
              
	
              	 	 	
              

      

       

      
        
          	
                  By: 
                    /s/ Mingshan Han

                	 	 	
                
	
                  
                    

                  

                  Name: 
                    MINGSHAN HAN

                	 	 	
                
	
                	 	 	
                

        

        
          
            
               

              
                
                  	
                          By: 
                            /s/ Xiaoli Jia

                        	 	 	
                        
	
                          
                            

                          

                          Name: 
                            XIAOLI JIA

                        	 	 	
                        
	
                        	 	 	
                        

                

              

            

            
               

            

          

          
            
              
                	
                        By: 
                          /s/ Yuai She

                      	 	 	
                      
	
                        
                          

                        

                        Name: 
                          YUAI SHE

                      	 	 	
                      
	
                      	 	 	
                      

              

            

            
              
                
                   

                  
                    
                      	
                              By: 
                                /s/ Xiang Ji

                            	 	 	
                            
	
                              
                                

                              

                              Name: 
                                XIANG JI

                            	 	 	
                            
	
                            	 	 	
                            

                    

                  

                

                
                  
                    
                       

                    

                    
                      
                        
                          	
                                  By: 
                                    /s/ Jiaoyin Shi

                                	 	 	
                                
	
                                  
                                    

                                  

                                  Name: 
                                    JIAOYIN SHI

                                	 	 	
                                
	
                                	 	 	
                                

                        

                      

                    

                    
                       

                    

                  

                

              

            

          

          
            
              	
                      By: 
                        /s/ Shaohu Jia

                    	 	 	
                    
	
                      
                        

                      

                      Name: 
                        SHAOHU JIA

                    	 	 	
                    
	
                    	 	 	
                    

            

          

        

      

      
        
          
             

          

          
            
              
                	
                        By: 
                          /s/  Xingiao Han

                      	 	 	
                      
	
                        
                          

                        

                        Name: 
                          XINGIAO HAN

                      	 	 	
                      
	
                      	 	 	
                      

              

            

          

          
            
               

              
                
                  	
                          By: 
                            /s/ Shengming Li

                        	 	 	
                        
	
                          
                            

                          

                          Name: 
                            SHENGMING LI

                        	 	 	
                        
	
                        	 	 	
                        

                

              

            

            
               

              
                
                  	
                          By: 
                            /s/ Mingshan Han

                        	 	 	
                        
	
                          
                            

                          

                          Name: 
                            MINGSHAN HAN

                        	 	 	
                        
	
                        	 	 	
                        

                

                
                  
                    
                       

                    

                  

                

              

            

          

        

      

      
        
          
            	
                    By: 
                      /s/ Liyin Shi

                  	 	 	
                  
	
                    
                      

                    

                    Name: 
                      LIYIN SHIExhibit
      10.4

     

    OPTION
      AGREEMENT 

    (English
      Translation)

     

    This
      Option Agreement (this “Agreement”)
      is
      entered into as of August 17, 2007 and effective as of March 8, 2006 between
      and
      among Shaanxi
      Xilan Natural Gas Equipment Co.,Ltd.,
      a
      company incorporated under the laws of the PRC, (“Party
      A”),
      and
Xi'an
      Xilan Natural Gas Co.,Ltd.,
      Ltd., a
      company with joint stock limited liability organized under the laws of the
      PRC
      (“Party
      B”),
      with
      a registered address at 19th
      floor,  Van Metropolis B, Tangyan RD,Hi-techZone, Xi’an, Shanxi Province,
      China 710065, Mr. Qinan Ji, chairman and shareholder of Party B (“Chairman”),
      and
      each of the shareholders of Party B listed on Appendix 1 of this Agreement
      (the
“Shareholders”).
      In
      this Agreement, Party A, Party B, the Chairman and the Shareholders are referred
      to collectively in this Agreement as the “Parties”
and
      each of them is referred to as a “Party.”

     

    RECITALS

    

    
      	
              A.

            	
              Party
                A is a company incorporated in PRC under the laws of the PRC, which
                has
                the technological expertise in natural gas industrial transportation
                and
                machinery ;

            

    

     

    
      	
              B.

            	
              Party
                B is a natural gas company with limited liability incorporated in
                Xi’an,
                Shanxi Province, China. 

            

    

     

    
      	
              C.

            	
              The
                Chairman and the Shareholders are shareholders of Party B. The Chairman
                and the Shareholders collectively own more than 50% of the outstanding
                equity interest in Party B (each, an “Equity
                Interest”
                and collectively the “Equity
                Interest”);

            

    

     

    
      	
              D.

            	
              A
                series of agreements such as the Consulting Services Agreement (the
                “Service
                Agreement”)
                have been entered into between Party A and Party B concurrently with
                this
                Agreement; 

            

    

     

    
      	
              E.

            	
              An
                Equity Pledge Agreement (the “Equity
                Pledge Agreement”)
                has been entered into by the Parties concurrently herewith;
                

            

    

     

    
      	
              F.

            	
              The
                Parties are entering into this Option Agreement in conjunction with
                the
                Pledge Agreement, Consulting Services Agreement and related agreements.
                

            

    

     

    NOW,
      THEREFORE,
      the
      Parties to this Agreement hereby agree as follows: 

     

    
      	
              1.

            	
              Option
                Grant 

            

    

     

    
      	
               

            	
              1.1

            	
              Grant
                of Rights.
                The Chairman and the Shareholders (hereafter collectively referred
                to as
                the “Transferor”)
                hereby irrevocably grants to Party A an option to purchase or cause
                any
                person designated by Party A (“Designated
                Persons”)
                to purchase, to the extent permitted under PRC Law, according to
                the steps
                determined by Party A, at the price specified in Section 1.3 of this
                Agreement, at any time from the Transferor a portion or all of the
                equity
                interests held by Transferor in Party B (the “Option”).
                No option or similar right shall be granted by Transferor to any
                third
                party other than Party A and/or the Designated Persons. Party B hereby
                agrees to the granting of the Option by The Chairman and the Shareholders
                to Party A and/or the Designated Persons. The “person” set forth in this
                clause and this Agreement means an individual, corporation, joint
                venture,
                partnership, enterprise, trust or a non-corporation organization.
                

            

    

     

    
      	
               

            	
              1.2

            	
              Exercise
                of Rights.
                According to the stipulations of PRC laws and regulations, Party
                A and/or
                the Designated Persons may exercise Option by issuing a written notice
                (the “Notice”)
                to the Transferor and specifying the equity interest purchased from
                Transferor (the “Purchased
                Equity Interest”)
                and the manner of purchase. 

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              1.3

            	
              Purchase
                Price.
                

            

    

     

    
      	
               

            	
              1.3.1

            	
              For
                Party A to exercise the Option, the purchase price of the Purchased
                Equity
                Interest (“Purchase
                Price”)
                shall be equal to the original paid-in price of the Purchased Equity
                Interest by the Transferor, unless the applicable PRC laws and regulations
                require appraisal of the equity interests or stipulate other restrictions
                on the purchase price of equity interests.

            

    

     

    
      	
               

            	
              1.3.2

            	
               

              If
                the applicable PRC laws require appraisal of the equity interests
                or
                stipulates other restrictions on the purchase price of the Equity
                Interest
                at the time that Party A exercise the Option, the Parties agree that
                the
                Purchase Price shall be set at the lowest price permissible under
                the
                applicable laws. 

            

    

    

    
      	
               

            	
              1.4

            	
              Transfer
                of the Purchased Equity Interest.
                Upon each exercise of the Option rights under this
                Agreement:

            

    

    

    
      	
               

            	
              1.4.1

            	
              Party
                B shall convene a shareholders’ meeting upon request by the Transferor,
                and Transferor agrees to call such meeting. During the meeting,
                resolutions shall be proposed, approving the transfer of the appropriate
                Equity Interest to Party A and/or the Designated Persons;
                

            

    

     

    
      	
               

            	
              1.4.2

            	
              The
                Transferor shall, upon the terms and conditions of this Agreement
                and the
                Notice related to the Purchased Equity Interest, enter into Equity
                Interest purchase agreement in a form reasonably acceptable to Party
                A,
                with Party A and/or the Designated Persons (as applicable);
                

            

    

     

    
      	
               

            	
              1.4.3

            	
              The
                related parties shall execute all other requisite contracts, agreements
                or
                documents, obtain all requisite approval and consent of the government,
                conduct all necessary actions, without any security interest, transfer
                the
                valid ownership of the Purchased Equity Interest to Party A and/or
                the
                Designated Persons, and cause Party A and/or the Designated Persons
                to be
                the registered owner of the Purchased Equity Interest. In this clause
                and
                this Agreement, “Security
                Interest”
                means any mortgage, pledge, the right or interest of the third party,
                any
                purchase right of equity interest, right of acquisition, right of
                first
                refusal, right of set-off, ownership detainment or other security
                arrangements, however, it does not include any security interest
                created
                under the Equity Pledge Agreement. 

            

    

    

    
      	
               

            	
              1.5

            	
              Payment.
                The payment of the Purchase Price shall be determined by the consultation
                of Party A and/or the Designated Persons with the Transferor according
                to
                the applicable laws at the time of exercise of the Option.
                

            

    

     

    
      	
              2.

            	
              Promises
                Relating Equity Interest.

            

    

     

    
      	
               

            	
              2.1

            	
              Promises
                Related to Party B.
                Party B, the Chairman and the Shareholders hereby promise:
                

            

    

     

    
      	
               

            	
              2.1.1

            	
              Without
                prior written consent by Party A, not, in any form, to supplement,
                change
                or renew the Articles of Association of Party B, to increase or decrease
                registered capital of the corporation, or to change the structure
                of the
                registered capital in any other forms;

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              2.1.2

            	
              According
                to customary fiduciary standards applicable to managers with respect
                to
                corporations and their shareholders, to maintain the existence of
                the
                corporation, prudently and effectively operate the
                business;

            

    

     

    
      	
               

            	
              2.1.3

            	
              Without
                prior written consent by Party A, not, upon the execution of this
                Agreement, to sell, transfer, mortgage or dispose, in any other form,
                any
                asset, legitimate or beneficial interest of business or income of
                Party B,
                or encumber or approve any encumbrance or imposition of any security
                interest on Party A’s assets; 

            

    

     

    
      	
               

            	
              2.1.4

            	
              Without
                prior written notice by Party A, not issue or provide any guarantee
                or
                permit the existence of any debt, other than (i) the debt arising
                from
                normal or daily business but not from borrowing; and (ii) the debt
                disclosed to Party A and obtained the written consent from Party
                A;
                

            

    

     

    
      	
               

            	
              2.1.5

            	
              To
                normally operate all business to maintain the asset value of Party
                B,
                without taking any action or failing to take any action that would
                result
                in a material adverse effect on the business or asset value of Party
                B;
                

            

    

     

    
      	
               

            	
              2.1.6

            	
              Without
                prior written consent by Party A, not to enter into any material
                agreement, other than agreements in the ordinary course of business
                (for
                purposes of this paragraph, if the amount of the Agreement involves
                an
                amount that exceeds a hundred thousand Yuan (RMB 100,000) the agreement
                shall be deemed material); 

            

    

     

    
      	
               

            	
              2.1.7

            	
              Without
                prior written consent by Party A, not to provide loan or credit loan
                to
                any others; 

            

    

     

    
      	
               

            	
              2.1.8

            	
              Upon
                the request of Party A, to provide all materials of operation and
                finance
                relevant to Party B to the extent they are in possession of such
                materials; 

            

    

    

    
      	
               

            	
              2.1.9

            	
              Purchase
                and hold insurance from an insurance company acceptable to Party
                A, and
                the insurance amount and category shall be the same with those held
                by the
                companies in the same industry or field, operating the similar business
                and owning the similar properties and assets as Party B;
                

            

    

     

    
      	
               

            	
              2.1.10

            	
              Without
                prior written consent by Party A, not to cause Party B to merge or
                associate with any person, or acquire or invest in any person;
                

            

    

     

    
      	
               

            	
              2.1.11

            	
              To
                notify Party A of the occurrence or the potential occurrence of the
                litigation, arbitration or administrative procedure related to the
                assets,
                business and income of Party B; 

            

    

     

    
      	
               

            	
              2.1.12

            	
              To
                cause Party B to maintain and preserve its assets, and to execute
                all
                requisite or appropriate documents, take all requisite or appropriate
                actions, and pursue all appropriate claims, or make requisite or
                appropriate pleas for all claims; 

            

    

     

    
      	
               

            	
              2.1.13

            	
              Without
                prior written notice by Party A, not to assign equity interests to
                shareholders in any form; however, Party A shall distribute all or
                part of
                its distributable profits to their own shareholders upon request
                by Party
                A; 

            

    

     

    
      	
               

            	
              2.1.14

            	
              According
                to the request of Party A, to appoint any person designated by Party
                A to
                be the directors of Party B. 

            

    

     

    
      	
               

            	
              2.2

            	
              Promises
                Related to Transferor.
                The Chairman and the Shareholders hereby promise:
                

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              2.2.1

            	
              Without
                prior written consent by Party A, not, upon the execution of this
                Agreement, to sell, transfer, mortgage or dispose in any other form
                any
                legitimate or beneficial interest of equity interest, or to approve
                any
                other security interest set on it, with the exception of the pledge
                set on
                the equity interest of the Transferor subject to Equity Pledge Agreement;
                

            

    

     

    
      	
               

            	
              2.2.2

            	
              Without
                the prior written notice by Party A, not to decide or support or
                execute
                any shareholder resolution at any shareholder meeting of Party B
                that
                approves any sale, transfer, mortgage or dispose of any legitimate
                or
                beneficial interest of equity interest, or allows any other security
                interest set on it, other than the pledge on the equity interests
                of
                Transferor pursuant to Equity Pledge Agreement;

            

    

     

    
      	
               

            	
              2.2.3

            	
              Without
                prior written notice by Party A, the Parties shall not agree or support
                or
                execute any shareholder resolution at any shareholder meeting of
                Party B
                that approves Party B’s merger or association with any person, acquisition
                of any person or investment in any person;

            

    

     

    
      	
               

            	
              2.2.4

            	
              To
                notify Party A the occurrence or the potential occurrence of the
                litigation, arbitration or administrative procedure related to the
                equity
                interest owned by them; 

            

    

     

    
      	
               

            	
              2.2.5

            	
              To
                cause the Board of Directors of Party B to approve the transfer of
                the
                Purchased Equity Interest subject to this Agreement;
                

            

    

     

    
      	
               

            	
              2.2.6

            	
              In
                order to keep its ownership of the equity interest, to execute all
                requisite or appropriate documents, conduct all requisite or appropriate
                actions, and make all requisite or appropriate claims, or make requisite
                or appropriate defend against fall claims of compensation;
                

            

    

     

    
      	
               

            	
              2.2.7

            	
              Upon
                the request of Party A, to appoint any person designated by Party
                A to be
                the directors of Party B; 

            

    

     

    
      	
               

            	
              2.2.8

            	
              Upon
                the request of Party A at any time, to transfer its Equity Interest
                immediately to the representative designated by Party A unconditionally
                at
                any time and abandon its prior right of first refusal of such equity
                interest transferring to another available shareholder;
                

            

    

     

    
      	
               

            	
              2.2.9

            	
              To
                prudently comply with the provisions of this Agreement and other
                Agreements entered into collectively or respectively by the Transferor,
                Party B and Party A and perform all obligations under these Agreements,
                without taking any action or any nonfeasance that sufficiently affects
                the
                validity and enforceability of these Agreements;
                

            

    

     

    
      	
              3.

            	
              Representations
                and Warranties.
                As of the execution date of this Agreement and every transferring
                date,
                Party B, the Chairman and the Shareholders hereby jointly and severally
                represent and warrant collectively and respectively to Party A as
                follows:
                

            

    

     

    
      	
               

            	
              3.1

            	
              It
                has the power and ability to enter into and deliver this Agreement,
                and
                any equity interest transferring Agreement (“Transferring
                Agreement,”
                respectively) having it as a party, for every single transfer of
                the
                Purchased Equity Interest according to this Agreement, and to perform
                its
                obligations under this Agreement and any Transferring Agreement.
                Upon
                execution, this Agreement and the Transferring Agreements having
                it as a
                party will constitute a legal, valid and binding obligation of it
                enforceable against it in accordance with its terms;
                

            

    

     

    
      	
               

            	
              3.2

            	
              To
                its knowledge and without independent verification, the execution,
                delivery of this Agreement and any Transferring Agreement and performance
                of the obligations under this Agreement and any Transferring Agreement
                will not: (i) cause to violate any relevant laws and regulations
                of PRC;
                (ii) constitute a conflict with its Articles of Association or other
                organizational documents (if an entity); (iii) cause to breach any
                Agreement or instruments to which it is a party or having binding
                obligation on it, or constitute the breach under any Agreement or
                instruments to which it is a party or having binding obligation on
                it;
                (iv) cause to violate relevant authorization of any consent or approval
                to
                it and/or any continuing valid condition; or (v) cause any consent
                or
                approval authorized to it to be suspended, removed, or into which
                other
                requests be added;

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              3.3

            	
              The
                shares of Party B are transferable, and Party B has not permitted
                or
                caused any security interest to be imposed upon the shares of Party
                B.
                

            

    

     

    
      	
               

            	
              3.4

            	
              Party
                B does not have any unpaid debt, other than (i) debt arising from
                its
                normal business; and (ii) debt disclosed to Party A and obtained
                by
                written consent of Party A; 

            

    

     

    
      	
               

            	
              3.5

            	
              Party
                B has complied with all PRC laws and regulations applicable to the
                acquisition of assets and securities in connection with this Agreement;
                

            

    

     

    
      	
               

            	
              3.6

            	
              No
                litigation, arbitration or administrative procedure relevant to the
                Equity
                Interests and assets of Party B or Party B itself is in process or
                to be
                settled and the Parties have no knowledge of any pending or threatened
                claim; 

            

    

     

    
      	
               

            	
              3.7

            	
              The
                Transferor bears the fair and salable ownership of its Equity Interest
                free of encumbrances of any kind, other than the security interest
                pursuant to the Equity Pledge Agreement.

            

    

     

    
      	
              4.

            	
              Assignment
                of Agreement 

            

    

     

    
      	
               

            	
              4.1

            	
              Party
                B, the Chairman and the Shareholders shall not transfer their rights
                and
                obligations under this Agreement to any third party without the prior
                written consent of the Party A. 

            

    

     

    
      	
               

            	
              4.2

            	
              Party
                B, the Chairman and the Shareholders hereby agree that Party A shall
                be
                able to transfer all of its rights and obligation under this Agreement
                to
                any third party with its needs, and such transfer shall only be subject
                to
                a written notice sent to Party B, the Chairman and the Shareholders
                by
                Party A, and no any further consent from Party B, the Chairman and
                the
                Shareholders will be required. 

            

    

     

    
      	
              5.

            	
              Termination. Party
                A shall have the right to terminate this Agreement at any time by
                issuing
                a thirty (30) days prior written notice to Party B, except in the
                event
                where Party A has transferred its rights and obligations in accordance
                with Section 4.2 of this Agreement.

            

    

     

    
      	
              6.

            	
              Applicable
                Law and Dispute Resolution 

            

    

     

    
      	
               

            	
              6.1

            	
              Applicable
                Law.
                The execution, validity, construing and performance of this Agreement
                and
                the resolution of disputes under this Agreement shall be governed
                by the
                laws of PRC. 

            

    

     

    
      	
               

            	
              6.2

            	
              Dispute
                Resolution.
                The parties shall strive to settle any dispute arising from the
                interpretation or performance in connection with this Agreement through
                friendly consultation. In case no settlement can be reached through
                consultation within thirty (30) days after such dispute is raised,
                each
                party can submit such matter to China International Economic and
                Trade
                Arbitration Commission (the “CIETAC”)
                in accordance with its rules. Arbitration shall take place in Beijing
                and
                the proceedings shall be conducted in Chinese. Any resulting arbitration
                award shall be final conclusive and binding upon both
                parties.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              7.

            	
              Taxes
                and Expenses.
                Each Party shall, according to the PRC laws, bear any and all registering
                taxes, costs and expenses for equity transfer arising from the preparation
                and execution of this Agreement and all Transferring Agreements,
                and the
                completion of the transactions under this Agreement and all Transferring
                Agreements. 

            

    

     

    
      	
              8.

            	
              Notices.
                Notices or other communications required to be given by any party
                pursuant
                to this Agreement shall be written in English and Chinese and delivered
                personally or sent by registered mail or postage prepaid mail or
                by a
                recognized courier service or by facsimile transmission to the address
                of
                relevant each party or both parties set forth below or other address
                of
                the party or of the other addressees specified by such party from
                time to
                time. The date when the notice is deemed to be duly served shall
                be
                determined as the follows: (a) a notice delivered personally is deemed
                duly served upon the delivery; (b) a notice sent by mail is deemed
                duly
                served the tenth (10th)
                day after the date when the air registered mail with postage prepaid
                has
                been sent out (as is shown on the postmark), or the fourth (4th)
                day after the delivery date to the internationally recognized courier
                service agency; and (c) a notice sent by facsimile transmission is
                deemed
                duly served upon the receipt time as is shown on the transmission
                confirmation of relevant documents.

            

    

    

    
      	
               

            	
               

            	
               

            
	
              Party
                A:

            	
                

            	
              Shaanxi
                Xilan Natural Gas Equipment Co.,Ltd.

            
	
              Address:

            	
                

            	
              3th
                Floor, No.6 Xianmen Road

            
	
               

            	
               

            	
              Xi'an
                Lantian County,

              Xi’an
                Shaanxi Province, China (710065)

            
	
              Fax:

            	
                

            	
              (029)
                88319221

            
	
              Phone:

            	
                

            	
              (029)
                88350968

            
	
               

            	
               

            
	
              Party
                B:

            	
                

            	
              Xi'an
                Xilan Natural Gas Co, Ltd.

            
	
              Address:

            	
                

            	
              19th
                floor,  Van Metropolis B,

              Tangyan
                RD,Hi-techZone,

              Xi’an,
                Shanxi Province, China (710065)

            
	
              Fax:

            	
               

            	
              (029)
                88454352

            
	
              Phone:

            	
               

            	
              (029)
                88323325

            
	
               

            	
               

            
	
              Chairman:

            	
                

            	
              To
                the address printed on the signature page hereto.

            
	
               

            	
               

            
	
              Shareholders:

            	
                

            	
              To
                the respective addresses printed on the signature pages
                hereto.

            
	
               

            	
                

            	
               

            

    

     

    
      	
              9.

            	
              Confidentiality.
                The Parties acknowledge and confirm any oral or written materials
                exchanged by the Parties in connection with this Agreement are
                confidential. The Parties shall maintain the secrecy and confidentiality
                of all such materials. Without the written approval by the other
                Parties
                (except that written approval of the Shareholders shall not be required),
                any Party shall not disclose to any third party any relevant materials,
                but the following circumstances shall be
                excluded:

            

    

     

    
      	
               

            	
              9.1

            	
              The
                materials that is known or may be known by the general public (but
                not
                include the materials disclosed by each party receiving the materials);
                

            

    

     

    
      	
               

            	
              9.2

            	
              The
                materials required to be disclosed subject to the applicable laws
                or the
                rules or provisions of stock exchange; or

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              9.3

            	
              The
                materials disclosed by each Party to its legal or financial consultant
                relating the transaction of this Agreement, and this legal or financial
                consultant shall comply with the confidentiality set forth in this
                Section. The disclosure of the confidential materials by staff or
                employed
                institution of any Party shall be deemed as the disclosure of such
                materials by such Party, and such Party shall bear the liabilities
                for
                breaching the contract. This clause shall survive whatever this Agreement
                is invalid, amended, revoked, terminated or unable to implement by
                any
                reason. 

            

    

     

    
      	
              10.

            	
              Further
                Warranties.
                The Parties agree to promptly execute documents reasonably required
                to
                perform the provisions and the aim of this Agreement or documents
                beneficial to it, and to take actions reasonably required to perform
                the
                provisions and the aim of this Agreement or actions beneficial to
                it.
                

            

    

     

    
      	
              11.

            	
              Miscellaneous.

            

    

     

    
      	
               

            	
              11.1

            	
              Amendment,
                Modification and Supplement.
                Any amendment and supplement to this Agreement shall only be effective
                is
                made by the Parties in writing. 

            

    

     

    
      	
               

            	
              11.2

            	
              Entire
                Agreement.
                Notwithstanding the Article 5 of this Agreement, the Parties acknowledge
                that this Agreement constitutes the entire agreement of the Parties
                with
                respect to the subject matters therein and supercede and replace
                all prior
                or contemporaneous agreements and understandings in verb or/and in
                writing.

            

    

    

    
      	
               

            	
              11.3

            	
              Severability.
                If any provision of this Agreement is judged as invalid or non-enforceable
                according to relevant Laws, the provision shall be deemed invalid
                only
                within the applicable laws and regulations of the PRC, and the validity,
                legality and enforceability of the other provisions hereof shall
                not be
                affected or impaired in any way. The Parties shall, through fairly
                consultation, replace those invalid, illegal or non-enforceable provisions
                with valid provisions that may bring the similar economic effects
                with the
                effects caused by those invalid, illegal or non-enforceable provisions.
                

            

    

     

    
      	
               

            	
              11.4

            	
              Headings.
                The headings contained in this Agreement are for the convenience
                of
                reference only and shall not affect the interpretation, explanation
                or in
                any other way the meaning of the provisions of this Agreement.
                

            

    

     

    
      	
               

            	
              11.5

            	
              Language
                and Copies.
                This Agreement is written in both English and Chinese language and
                has
                been executed in English in duplicate originals; each Party holds
                one (1)
                original and each duplicate original shall have the same legal effect.
                In
                the event there is any conflict between the Chinese Version and English
                Version, the English version shall
                prevail.

            

    

     

    
      	
               

            	
              11.6

            	
              Successor.
                This Agreement shall bind and benefit the successor of each Party
                and the
                transferee allowed by each Party. 

            

    

     

    
      	
               

            	
              11.7

            	
              Survival.
                Any obligation taking place or at term hereof prior to the end or
                termination ahead of the end of this Agreement shall continue in
                force and
                effect notwithstanding the occurrence of the end or termination ahead
                of
                the end of the Agreement. Article 6, Article 8, Article 9 and Section
                11.7
                hereof shall continue in force and effect after the termination of
                this
                Agreement. 

            

    

     

    
      	
               

            	
              11.8

            	
              Waiver.
                Any Party may waive the terms and conditions of this Agreement in
                writing
                with the signature of the Parties. Any waiver by a Party to the breach
                by
                other Parties within certain situation shall not be construed as
                a waiver
                to any similar breach by other Parties within other situations.
                

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    [SIGNATURE
      PAGE FOLLOWS]

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF,
      the
      parties hereof have caused this Agreement to be executed by their duly
      authorized representatives as of the date first written above. 

     

     

    PARTY
      A:

    
      	 	 	 	 
	Shaanxi Xilan Natural Gas Equipment
              Co.,Ltd.	 	 	 
	 	 	 	 
	By:
/s/
              Qinan Ji	 	 	 
	
              
                

              

            	 	 	
            
	Name: Qinan
              Ji 	 	 	
            
	 	 	 	 

    

    Title:
Chairman

     

     

    PARTY
      B: 

    
      
        	 	 	 	 
	Xi'an Xilan Natural Gas Co, Ltd.	 	 	 
	 	 	 	 
	By:
/s/
                Qinan Ji	 	 	 
	
                
                  

                

              	 	 	
              
	Name: Qinan
                Ji 	 	 	
              
	 

      

      Title:
Chairman

      

CHAIRMAN:

    

    
      
        
          	 	 	 	 
	/s/ Qinan Ji	 	 	 
	
                  
                    

                  

                  Qinan
                    Ji

                	 	 	
                
	
                	 	 	
                
	 

        

      

    

     

    
      
        	
                
                  SHAREHOLDERS:

                

              	 	 	 
	 	 	 	 
	 	 	 	 

      

      
        
          	
                  By: 
                    /s/ Qinan Ji

                	 	 	
                
	
                  
                    

                  

                  Name: 
                    QINAN JI

                	 	 	
                
	
                	 	 	
                

        

         

        
          
            	
                    By: 
                      /s/ Mingshan Han

                  	 	 	
                  
	
                    
                      

                    

                    Name: 
                      MINGSHAN HAN

                  	 	 	
                  
	
                  	 	 	
                  

          

          
            
              
                 

                
                  
                    
                      
                        	
                                By: 
                                  /s/ Liyin Shi

                              	 	 	
                              
	
                                
                                  

                                

                                Name: 
                                  LIYIN SHI

                              	 	 	
                              
	
                              	 	 	
                              

                      

                    

                  

                

                
                  
                     

                  

                  
                    
                      	
                              By: 
                                /s/ Shaohu Jia

                            	 	 	
                            
	
                              
                                

                              

                              Name: 
                                SHAOHU JIA

                            	 	 	
                            
	
                            	 	 	
                            

                    

                  

                

                
                  
                     

                  

                  
                    
                      
                        	
                                By: 
                                  /s/ Yuai She

                              	 	 	
                              
	
                                
                                  

                                

                                Name: 
                                  YUAI SHE

                              	 	 	
                              
	
                              	 	 	
                              

                      

                    

                  

                

                 

                
                  
                    
                      
                        
                          	
                                  By: 
                                    /s/ Xinmin Han

                                	 	 	
                                
	
                                  
                                    

                                  

                                  Name: 
                                    XINMIN HAN

                                	 	 	
                                
	
                                	 	 	
                                

                        

                      

                    

                  

                  
                    
                       

                    

                    
                      
                        
                          	
                                  By: 
                                    /s/ Jiaoyin Shi

                                	 	 	
                                
	
                                  
                                    

                                  

                                  Name: 
                                    JIAOYIN SHI

                                	 	 	
                                
	
                                	 	 	
                                

                        

                      

                    

                  

                

                
                   

                  
                    
                      	
                              By: 
                                /s/ Xiang Ji

                            	 	 	
                            
	
                              
                                

                              

                              Name: 
                                XIANG JI

                            	 	 	
                            
	
                            	 	 	
                            

                    

                  

                

                 

                
                  
                    	
                            By: 
                              /s/ Xiaoli Jia

                          	 	 	
                          
	
                            
                              

                            

                            Name: 
                              XIAOLI JIA

                          	 	 	
                          
	
                          	 	 	
                          

                  

                

              

              
                
                   

                  
                    
                      	
                              By: 
                                /s/ Shengming Li

                            	 	 	
                            
	
                              
                                

                              

                              Name: 
                                SHENGMING LI

                            	 	 	
                            
	
                            	 	 	
                            

                    

                  

                

              

            

            
              
                
                  
                     

                  

                

              

            

          

        

        
          
            
              
                
                  	
                          By: 
                            /s/  Xingiao Han

                        	 	 	
                        
	
                          
                            

                          

                          Name: 
                            XINGIAO HAN

                        	 	 	
                        
	
                        	 	 	
                        

                

              

            

            
              
                 

              

               

            

          

        

      

    

    
      
      

    

    
      
      

      
        

      

    

    
      
      

    

     

    

       

    

     

    

     

    

    

    

     

    

       

     

     

     

    

     

    

    

    _______________________

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}]]