PERFECTENERGY INTERNATIONAL LIMITEDAddress:479 YouDong Road, Xinzhuang Town Minhang District, Shanghai 201100Tel:+86 21 5488 0958Fax:+86 21 5488 8364Web:www.perfectenergy.com.cn

              25 March, 2011

Dear Mr. Edward Zhuang,

We’re pleased to inform you that your employment with the Company will be further extended to January 31, 2014 under the same terms and conditions; meanwhile with effective from November 1, 2010, your base salary has been adjusted to RMB55,000 per month.

In addition to that, you’ll received a discretional bonus compensation arrangement for the current fiscal year of 2011, which will be a portion of performance-based bonus on the net profits realized by the Company during its current fiscal year, with a minimum guaranteed aggregate bonus payment of US$75,000 and maximum of US$250,000.

Thanks for your contribution to the Company.

Jack Wennan Li, Chief Executive Officer