Sale Agreement The Contract's No. 2008 ST 0002 Supply Part (partA): Name of Part A: JiangXi SheTai Jade Industrial Company Limited. (JST) Address: GuoXiDaDao #39, YuJiang County, JiangXi Province, PRC Bank: YuDiao Branch, YuJiang Sub-Branch, Bank of China Account No.: 742858545978091001 Zip Code: 335200 Phone: 86-701-5881082 Fax: 86-701-5881156 Purchase Part (Part B): Name of Part B: YangZhou City, WeiYang District,GuoCui Jade Address: WeiYang District, YangZhou City,JiangSu Province, PRC Bank: GuoQingBei Road, YangZhou City, Industrial and Commercial Bank of China Account No.: 1108021609100009763 Zip Code: Phone: 86-15052526538 Fax: Parties A, B, through the negotiation and in consideration of the mutual covenants and agreements contained herein, and other good and valuable consideration, have reached an agreement as stated below: Item1 Contents of goods 1. raw jade material(name) 1000KG,2000KG(type) 500tons(quantity) 25,000RMB/ton(price) 2. raw jade material(name) 100KG,500KG(type) 300tons(quantity) 23,000RMB/ton(price) 3. raw jade material(name) 100KG,500KG(type) 200tons(quantity) 21,000RMB/ton(price) Total amount: 23,600,000RMB Item2. Packing and Delivery Packing needs to comply with the requirement of Delivery. Party B is responsible to deliver the raw jade materials ordered and to pay for the freight. Item3. Delivery Location The valid period of this agreement is 6 months, and two Parties must execute the prices mentioned above. Actual detail of every transaction should base on the Fax File. Item4. Payment method/Terms and Goods delivery For every transaction, before delivery, Party B needs to pay 30% of total contracted value as deposit to Party A. After the receipt of deposit, Party A needs to deliver the ordered raw jade materials to Party B immediately. After the delivery, Party B needs to pay off the balance within 10 days immediately. If Party B fails to pay, Party A has the right to pull back the delivery and keep the deposit. Item5. Quality If the quality of ordered raw jade materials meets the requirement of Party B, and under the circumstance that there is no legislative intervention or other agreement between these two parties involved, the ordered raw jade materials are not refundable and returnable. Otherwise, it is will be treated as default. Item6. Default 1. Both Party A and Party B should abide by this agreement, otherwise, the defaulting Party or Parties shall compensate the other party or parties all direct or indirect economic loss caused by the default. 2. If Party A fails to deliver the raw jade materials to Party B on time, Party A shall pay to Party B an amount equal to 0.3% of payment for undelivered raw jade material daily which was not supplied to Party B in accordance with this Agreement. The total penalty can not be beyond the 30% of total payment. 3. If Party B fails to pay to Party A on time, Party B shall pay to Party A 0.3% of total payment daily. Item7. Resolution for Dispute For all disputes resulting from this agreement's effect, execute, explaination, two Parties should resolve them under good negotiation. When negotiation dose not work, they can appeal to People's court belongs to the Party A's location under "PRC Contract Law" Item8. Change and Relive Two Parties should obey this agreement strictly, and they can not change and relive this agreement (except for the signed written file under two parties' negotiation) Item9. Additional items not mentioned in this agreement Two Parties need to sign the written file under the good negotiation for these additional items not mentioned in this agreement, which has the same legal effect with this agreement. Item10. Exempts the responsibility If any of two parties fails to execute the complete responsibility or parts of responsibility from this agreement due to objective reason, defaulting party should inform other party it with objective reason. When c gets permission from the written proof by the related apartment to delay to execute or partly execute responsibility, the responsibility can exempt the part penalty or complete penalty (except failing to pay on time) Item11. Effect and others This Agreement becomes effective immediately after all parties hereto have signed the Agreement. There are two copies with same legal effect for Party A and Party B (fax files and emails related this agreement are the effective parts of this agreement.) Party A: JiangXi SheTai Jade Industrial Company Limited. Representative: Party B: YangZhou City, WeiYang District,GuoCui Jade Representative: