1 EXHIBIT 10.7 LEASE SUMMARY Title of Lease: Agreement Date of Lease: June 27, 1996 Lessor: Wuhan Zhong Nan Chemical Distribution Company Lessee: Brighton Elevator Corporation Limited Wuhan Representative Office The Brighton Industries Corporation Wuhan Representative Office Property or Suite Leased: 2 Hang Kong Road Rooms 3-5 Wuhan City, China Term: October 1, 1996 - October 1, 1998 - ---- Termination Rights: 3 months prior notice Renewal Options: Subject to negotiation upon termination Rent: RMB $64,800/annum (U.S. $8,000/annum) Increased by 5% after the first year Assignment: Not permitted Governing Jurisdiction: China Comment: Original lease signed by Brighton Elevator. The Brighton Industries Corporation takes over lease October 1, 1997.