Contract for Purchase and Sales of Video Intercom Equipment, dated April 9, 2008, between Shenzhen Skyrise Technology Co., Ltd. and Shenzhen Nanhai Yitian House Developing Co., Ltd (English Translation)

Exhibit 10.6

(English Translation)

( Peninsula • City Garden Project ii )

Contract for Purchase and Sales of Video
Intercom Equipment

Purchaser (Party A): Shenzhen Nanhai Yitian House Developing Co., Ltd

Supplier (Party B): Shenzhen Skyrise Technology Co., Ltd

Shenzhen, China
April, 2008

Party A (Full Name): Shenzhen Nanhai Yitian House Developing Co., Ltd (Purchaser)

Party B(Full Name): Shenzhen Skyrise Technology Co., Ltd (Supplier)

Party A entrusted Party B to supply the video intercom equipment for Peninsula • City Garden Project ii through friendly consultation. In order to clarify responsibilities and to ensure the economic objectives will be achieved by both Parties, Party A and Party B have reached an agreement through consultation to conclude the following contract for abiding by.

Article 1 Products’ name, type, specifications, quality and unit price

1. Products’ name, type, specification and unit price

2. Products’ technical standard (including quality requirement):

1) Chinese National Standard or other Chinese standards which are generally accepted:

Article 2 Technical Data of the Related Equipment of System

1. Functions and features of network video doorway interphone XP882C10D-IC

• Communication Protocol is in line with ITU Protocol Suite and SK1000 Community Visual Scheduling Agreement of Shenzhen Skyrise Technology Co., Ltd.
• Category 5 or above cable routing is adopted for digital signal transmission which is easy to install and modify.
• 10" large-screen LCD display is adopted with Chinese LCD menu tooltip, friendly interface and convenient operation are supplied.
• With built-in high-definition video camera, sharp image can be taken day and night.
• Direct call with households and management center so as to achieve two-way intercom.
• Unlock with pressing unlock password at the doorway interphone or with LG/ID card.
• Remote unlock can be achieved through indoor interphone or management interphone.
• Public information released by the community can be shown.
• Transparent buttons with Auto EL Light.

Technical Data:

• 10" high-definition LCD screen
• Audio S/N Ratio: no less than 40dB
• Video output: 1Vp-p/75
• Web camera: Sony 1/4 inch CCD wired infrared night-vision
• Minimum illumination: 0 Lux (with infrared light )
• Power supply: DC 12V
• Electric current: 450mA (static state) / 1350mA (dynamic state)
• Signal transmission form: 10/100 ETH
• Material: Aluminum material
• Overall dimension: L426mm × W208mm × H50mm
• Mounting Type: Column installation, door embed and wall mounted

Product Accessories

• Product instruction.
• Certificate of Approval and Warranty Cards.
• Screws and rubber stoppers.

Note: Product appearance can be designed according to Party A’s requirement.

2. Functions and features of network video indoor interphone extension XP862C7P:

• Category 5 or above cable routing is adopted for digital signal transmission which is easy to install and modify.
• Chinese language operator interface.
• Multiple sets of indoor interphone extension can be installed in one household.
• Polyphonic doorbell indicates that visitors come, beep tone of distinguishing caller location can be set.
• With caller display.
• Proactively monitor doorway interphone, talking with doorway main interphone (wall interphone) on the phone is allowed.
• With emergency alarm button access function, it is accessible with various types of alarm probes in the 4-8 defense area.
• Secondary calling function at the door of the household is supported.
• Video intercom with management host is allowed, management center and make compulsory call with households.
• Calling any extension indoor is allowed.
• With call transfer function, calling signal and message can be transferred to management center.
• Proactively monitor the image of unit doorway interphone.
• Controlling the unlocking of unit lock indoor by users is allowed.
• All kinds of information sent by the center can be received and searched.
• Design of hands-free calls.

Technical Data:

• Power supply mode: Centralized power supply
• Overall dimension: L220mm × W160mm × H45mm
• Mounting Type: Wall hanging

Product Accessories

• Product instruction.
• Certificate of Approval and Warranty Cards.
• Metal cladding.
• Screws and rubber stoppers.

Note: Product appearance can be designed according to Party A’s requirement. Choosing touch-tone or touch-screen doesn’t add unit price.

3. Network Video Central Management Interphone XP880CM

Functions & Features:

• Chinese language operator interface. With caller display
• Calling any indoor interphone and doorway interphone (wall interphone) is allowed, monitoring any indoor interphone (wall interphone) and remote controlling unlock is available.
• Sending public and individual information is supported.
• Receiving the alarm or calling of any household and storing events (including time, place and content) is available.
• Adoption of soft coding or automatic coding mode.
• Adding, altering, deleting or storing static address book is allowed.
• Households can set password independently.
• With call record function.
• Set terminal business type and permissions permission.
• Operation without PC is allowed.
• Versions query.
• Version update notification
• Remove the stitches compulsorily.
• Query terminal

Technical Data:

• Power supply mode: Self contained 12V power.
• Audio S/N Ratio: no less than 40dB
• 5" high-definition LCD screen
• Ring: Electronic ringtones ≥ 70dB
• Electric current: 450mA (static state) / 1250mA (maximum)
• Mounting Type: Table type

Product Accessories

• Product instruction.
• Certificate of Approval and Warranty Cards.
• 12V power supply.

Article 3 Contract Total Price

Contract total price is RBM 3.971547 million (¥3,971,547.00) . Adjustment is made on the contract total price according to the actual purchase amount in Peninsula • City Garden Project ii of Party A and the above price confirmed.

Itemized price of products listed in the contract total price and equipment price list already covers all the costs, fees and expenses required for Party B to fulfill all the contractual obligations stipulated in the contract, including but not limited to: equipment costs, various types of packaging costs, transport and freight fees, loss costs, spare parts fees, transport insurances, technical data charges, installation fees, on-site technical support service fees, management fees, profits and taxes, etc.

Value added tax of domestic sales link is already contained in the contract price of Party B, invoice of value added tax shall be made out by Party B to Party A during the payment of the price.

Article 4 Country of Origin and Manufacturer

Article 5 Package

Products supplied must be properly packaged by Party B and suitable for long-distance transportation as well as comply with all the packaging conditions such as moisture-proof, damp-proof, shock-proof and rust-proof which are beneficial for safe transportation, in order to ensure products not to be damaged because of the above reasons, guarantee them to be arrived at installation or construction site save and sound. Any loss caused by improper packaging is undertaken by Party B.

Article 6 Packaging Printing

Package No., size, gross weight, net weight, hanging position and written expressions such as “This Side Up”, “Handle with Care” and “Keep Dry” must be printed on each package with fadeless paint by Party B.

Article 7 Products’ delivery unit, method and arrival location

Article 8 Products’ delivery term of Party B

Party B shall delivery goods in line with written supply plan of Party A, but service must be two days in advance.

Article 9 Type of Payment

Party A pays 20% advance charge to Party B within 10 days after the two Parties sign a contract. Sum to the 80% of corresponding contract price shall be paid to Party B within 10 days when goods arrive at the designated locations by Party A and after signature recognition by Party A. Sum to 97% of contract total price within 20 days after the completion of installation and debugging as well as acceptance. The remaining 3% of contract price shall be used as warranty payment with two years’ warranty period. A lump sum shall be paid by Party A to Party B within 10 days when warranty period expires and after Party A's recognition of no quality issues that Party B shall undertake.

A written application for payment shall be offered by Party B to Party A, reports, acceptance certificate of goods delivered and implementation proof of other obligations stipulated in the contract shall be enclosed. Party B shall issue tax invoice to Party A according to the amount approved by Party A after the auditing and approval of Party A. Party A shall complete the payment upon receiving correct tax invoice from Party B.

Payment for goods shall be paid by means of transfer or commercial bills, payment of Party A shall be remitted into the designated bank account with the boundary of PRC on the advance notice of Party B. The payment is considered as valid as long as the payment is drawn from the bank account of Party A. Any bank charges relevant to the payment imposed on Party B by the deposit bank of Party B shall be undertaken by Party B. Any bank charges relevant to the payment imposed on Party A by the deposit bank of Party A shall be undertaken by Party A.

Article 10 Guarantee Terms

Article 11 Technical Paper

The following complete set of technical paper shall be provided to Party B accompanying with each batch of products:

Article 12 Inspection & Acceptance

Article 13 Responsibility of Both Parties

1. Responsibility of Party A

2. Responsibility of Party B

Article 14 Default Responsibility

1. Responsibility of Party A

2. Responsibility of Party B

Article 15 Patent Right

Party B shall be responsible for all the possible infringement allegations involved in the patent right and defend Party A from or against such accusations.

Article 16 After-sale Service

Party B shall send staffs to Party A’s site to deal with problems and provide spare parts within 8 hours on receiving the notice from Party A under the condition of failure occurs and Party A can’t solve by themselves during or after the warranty period.

Article 17 Contract Dispute Resolution

Dispute produced during the implementation of the contract shall be solved by both Parties by negotiation, or solved by industrial and commercial administrative department located in the place where Party A is. If the negotiation fails, submit to the local people's court at the place of delivery to institute a proceeding. Outcome of the proceedings binds on both Parties. And the cost shall be borne by the losing Party.

Article 18 Others

Penalty, compensation and various economic loss demanded to pay according to the contractual specifications shall be paid up in accordance with the settlement method in this contract within 10 days after the definition of responsibilities. Or else, handle it according to late payment.

Article 19 Supplementary Provisions

The contract is in six copies of the same form, Party A holds four copies, Party B holds two copies. Other matters not settled by this contract shall be added through negotiations between the two Parties. Supplementary contract has the equivalent legal force with the original one. This contract comes into force immediately upon signature and stamping of company seal by legal representatives or authorized consignor of both Parties, and terminates when guarantee period expires since the completion of goods supply from Party B to Party A and settlement of all the costs by both Parties.