Document:

Nevstar Corporation: Exhibit 10.6 - Prepared by TNT Filings Inc.

  

Exhibit 10.6

INDUSTRIAL AND MINERAL PRODUCTS PURCHASE CONTRACT

(English Translation)

Supplier : Xinxing Material Sales agency of Fuxin Economic Development Zone      

             Contract Number:0708012

Buyer   : Fuxin Hengrui Technology Co., LTD

Signature Place: Fuxin City

Signature Date:2007/07/14

1、Product name、quantity、amount (RMB)

	
  
  Product Name

	
  
  Variety

	
  
  Manufacturer  

	
  
  Unit  

	
  
  Quantity

	
  
  Unit Price

(RMB)

	
  
  Total amount

(RMB)

	
  
  Coal

	
  
  Seed coal

	
   
	
  
  Ton

	
  
  36000

	
  
  470

	
  
  16.92 million

The total quantity will be delivered in 6 months with delivery of 6,000 tons each month.

 

2、Quality Specifications

	
  
  Specifications

	
  
  Standard

	
  
  Note

	
  
  Lower level Calorific capacity  

	
  
  5000 – 5500 calorie per kilogram

	
   

	
  
  Size of granule

	
  
  30 – 80 mm

	
   

	
  
  Descending rate  

	
  
  <5%

	
   

	
  
  Low position calorific capacity  

	
  
  ≤1%

	
   

	
  
  Amount of Moisture

	
  
  ≤10

	
   

	
  
  Amount of ash

	
  
  ≤5%

	
   

	
  
  Amount of Volatility

	
  
  ≥28

	
   

	
  
  Whole sulphur capacity

	
  
  ≤0.5%

	
   

	
  
  Solid carbon

	
  
  ≥58%

	
   

3、Calculation of quantity:

The quantity will be calculated based on the weight determined by the buyer’s inspection.
 

4、Place of delivery: Plant of Fuxin Hengrui Technology CO.,LTD; Consignee: Fuxin Hengrui Technology Co. Ltd.

5、Transportation and cost: by truck; The supplier shall arrange the transportation and pay the freight.
 

6、Quality control standards: Upon the receipt of the goods, the buyer shall perform the inspection and the quantity the buyer determines after inspection shall be the quantity of purchase. In case of any discrepancy, the supplier should submit the different quantity within 24 hours after the receipt of the buyer’s inspection report; If there is any dispute, the goods should be delivered for inspection to the qualified inspection institution in the place where the buyer domiciles. The inspection report issued by the inspection institution shall be deemed as conclusive.

7、Payment

Upon receipt of the goods by the buyer, the seller shall provide VAT invoice to the buyer for payment. The buyer should make payment by acceptance draft (6-month maturity) one month after the receipt of the goods and completion of inspection.

8、Remedies for breach of contract: If the supplier fails to act pursuant to the contract, the supplier should pay the buyer an amount equivalent to 30% of total contract amount as compensation for the loss suffered by the buyer.

9、Dispute settlement: Both parties shall make efforts to settle any dispute arising out of this agreement among themselves. In the event that the parties fail to reach any settlement, both parties agree that the dispute shall be adjudicated by the court in the jurisdiction where the buyer domiciles.

10、Other terms.

11、Confidentiality

12、Effectiveness of the contract

 

	Supplier(stamp):	Buyer(stamp):
	 	 
	

Agent (signature): /s/

Address: Industrial Development Zone, Xishan St., Fuxin City, Liaoning

Bank: Commercial Bank, Zhonghualu Branch,  

Account number: 81000015201090002584

Tax number: 210920728408367

Tel: 0418-2574111

Fax: 0418-2574111

Post Code:123000

    	

Agent (signature): /s/

 

 

Address:123 – Chuangye St. Fuxin City, Liaoning

Bank: China Citic Bank, Shengyang Branch

Account number: 7221010182600081372

Tax number: 210920740771337

Tel: 0418-3995007

Fax: 0418-3995007

Post Code: 123002Nevstar Corporation: Exhibit 10.7 - Prepared by TNT Filings Inc.

  

Exhibit 10.7

INDUSTRIAL AND MINERAL PRODUCTS PURCHASE CONTRACT

(English Translation)

Supplier : Panjin Yidong Petrochemical Co., LTD         

Contract Number:0708012

Buyer   : Fuxin Hengrui Technology Co., LTD          

Signature Place: Fuxin City

Signature time:2007/08/30

1、Product’s name、quantity、value(RMB)

	
  
  Product Name

	
  
  Production Brand

	
  
  Manufacture Factory

	
  
  Unit  

	
  
  Quantity

	
  
  Unit Price

(RMB)

	
  
  Total amount

(RMB)

	
  
  Blend oil

	
   
	
   
	
  
  Ton

	
  
  9000

	
  
  2750

	
  
  24.75million

The contract period: from August 30, 2007 to November 30, 2007. The quantity in each delivery is subject to the Buyer’s confirmation by fax.

 

2、Quality Specifications

	
  
  Thermal Value

	
  
  >9700 kilocalorie/kilogram

	
  
  Moisture Content

	
  
  Trace amount

	
  
  Sulfur Content

	
  
  <0.3%

	
  
  Mechanical impurity

	
  
  <3%

	
  
  Density(20。C)

	
  
  Around 0.98g/cm3, no more than 1.1g/cm3

	
  
  Flash point

	
  
  >130。C  

 

3、Supplier’s responsibility for quality

For those products not meeting the quality specifications, the price will be settled as follows:

	
  
  Name of article

	
  
  Quality Specification

	
  
  Clearing Form

	
  
  

Thermal Value

	
  
  <9700 kacl/kg

>9400 kacl/kg

	
  
  There will be a RMB0.027 discount per kacl if  lower than the specification

	
  
  <9400 kacl/kg

	
  
  Rejection, all expenses born by the supplier

	
  
  

Moisture Content

	
  
  ≤3%

	
  
  Every 1% increase will result in deduction of   fuel oil tons the same percentage

	
  
  >3%

	
  
  Rejection, all expenses born by the supplier

	
  
  Sulfur Content

	
  
  >0.3%

	
  
  Rejection, all expenses born by the supplier

	
  
  Mechanical impurity

	
  
  >3%

	
  
  Rejection, all expenses born by the supplier

	
  
  Density(20·C)

	
  
  >1.1g/cm3

	
  
  Rejection, all expenses born by the supplier

	
  
  Flash point

	
  
  <130·C

	
  
  Rejection, all expenses born by the supplier

 

4、Calculation of quantity:

Quantity of goods shall be determined by the inspection results of the Buyer on the delivery date.

Calculation method: cubage × specific gravity

5、Place of delivery: Fuxin station, the third rail dedicated to Fuxin Hengrui Technology CO.,LTD.

6、Transportation and cost: Transport by truck. The supplier shall do the consigning. The price refers to delivery to factory price (not including the transportation cost). The supplier shall inform the buyer the weight and the license number of the truck on the date of delivery.

7、Quality control standards: Upon the arrival of the goods, the buyer shall inspect the goods and the results of the inspection shall constitute the basis for payment. In case of any discrepancy, the supplier should submit its different position within 24 hours after receiving the buyer’s inspection report. If there is any dispute, the goods should be delivered for inspection to a qualified inspection institution in the place where the buyer domiciles. The inspection report issued by the inspection institution shall be deemed as conclusive.

8、Payment

Payment shall be made upon the completion of inspection.

After the goods have been inspected, the buyer shall pay for the goods in one payment and provide the supplier with a VAT invoice (VAT rate is 17%). The payment amount is based on the actual quantity that passed the inspection.
 

9、Remedies for breach of contract:  In case that the goods did not meet the standard, any expenses incurred for return of goods should be borne by the supplier. For any loss suffered by the buyer due to delay of production, the supplier should compensate the buyer double amount of the actual loss.
 

10、Dispute settlement: Both parties shall make efforts to settle any dispute arising out of this agreement between themselves,. In the event that the parties fail to reach any settlement, both parties agree that the dispute shall be adjudicated in the court in the jurisdiction where the buyer domiciles.

11、Effectiveness of the contract;  

12、This contract has 4 copies, two for each party.

 

	 	Buyer(stamp):
	Supplier(stamp): 	 
	 	 
	

Agent (signature): /s/

Address: Industrial Development Zone, Xinghai St., Xinglongtai District Panjin City

Bank: Agricultural Bank of China, Jincheng Branch, Panjin City

Account number: 022852101040012234

Tax number: 211103791560353

Tel: 0427-2883285

Fax: 0427-2883285

Post Code:124013

    	

Agent (signature): /s/

Address:123 – Chuangye St. Fuxin City, Liaoning

Bank: Bank of China, Fuxin Branch

Account number: 7112111308091001

Tax number: 210920740771337

Tel: 0418-2851907

Fax: 0418-2851907

Post Code:123000Nevstar Corporation: Exhibit 10.8 - Prepared By TNT Filings Inc.

 
Exhibit 10.8

SALES CONTRACT  

(English Translation)

                            

Contract No.:X00020070309GZJY

Date:      March9/2007

Signed at:  Hengrui

The Seller:Fuxin Hengrui Technology Co.LTD

The Buyer:Guangzhou Jingyao Glass Products Co.LTD

1、

	
  
  Name of Commodity

	
  
  Trade mark

	
  
  Type

	
  
  Specification

	
  
  Rank

	
  
  Unit

	
  
  Unit Price

(¥/case)

	
  
  Total value

	
  
  Time of delivery

	
  
  Crystal float glass

	
  
  Golden Elephant

	
  
  4mm、5mm(300t)

	
  
  Executed by order

	
  
  Auto Grade  

	
  
   M2

	
  
  165.00

	
  
  ¥24.75MM

	
  
  Starting from March 17, 2008

2、Quality requirement technical standard:national GB11614-1999

3、Delivery at :Fuxin Hengrui Technology Co.LTD

4、Transportation:  Marine

5、Destination:  Guangzhou Huangpu Port, Transportation expense born by the Buyer

6、Packing terms: cooperation standard , no recycle for wood crates

7、Inspection standard and time limit for discrepancy claim: national standard, within seven days upon delivery

8、Requirement of delivery:  delivery upon payment.

9、Method of dispute settlement:(1)Mutual negotiation.(2) By the court in the jurisdiction where the contract is signed.

10、Other terms: (1) When the transmittance rate is between 89% and 90%, the price will be RMB85.00 /case. (2) The quantity and price shall be negotiated separately for the crystal float glass of 3mm、6mm、8mm、10mm , The total amount is 150 thousand cases (exclude transition products).

11、This contract shall have four copies and become effective upon seal by both parties.

	Signed by:	 
	The Seller:	The Buyers:
	Fuxin Hengrui
    Technology Co.LTD	Guangzhou Jingyao
    Glass Products Co.LTD
	Adress:117-18 Chuangye
    Road Haizhou	Adtress:19
    Beijiaochang Road Yuexiu District
	District, Fuxin	Guangzhou City
	Tel:0418-3995019             
    3987000	Tel:020-83277908
	Fax:0418-3995050	Fax:
	P.C.:123002	P.C.:
	Bank: CIBC Shenyang
    Branch Bank	Bank: Agricultural
    Bank, Jinying Building Branch
	Account
    No.:72210-1-01-826-000813-72	Account
    No.:44-037101040002902
	Tax registration
    No.:210920740771337	Tax registration
    No.:440102778390484

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