Industrial Product Sales Contract between Shandong Taifeng Minerals Co., Ltd and Shandong Haize Nanomaterials Co., Ltd (Bituminous Coal, 2005-2006)

Summary

This contract is between Shandong Taifeng Minerals Co., Ltd (Seller) and Shandong Haize Nanomaterials Co., Ltd (Buyer) for the sale of 3,000 tons of bituminous coal over one year. The Seller will deliver 250 tons per month to the Buyer's location, meeting specified quality standards. Payment is cash on delivery, and the Seller covers transportation costs. Disputes are to be resolved through discussion, mediation, or court if necessary. The contract is effective upon signing and lasts for one year.

EX-10.35 36 zec8kex1035033106.txt INDUSTRIAL PRODUCT SALES CONTRACT Exhibit 10.35 SALES CONTRACT OF INDUSTRIAL PRODUCTS ------------------------------------- NO.: SIGNED AT: Tai'an DATE: June 13, 2005 This contract is made and entered into by and between Shandong Taifeng Minerals Co., Ltd (hereinafter referred to as the Seller) and Shandong Haize Nanomaterials Co., Ltd (hereinafter referred to as the Buyer); whereby the Seller agree to sell and the Buyer agree to buy the commodity mentioned in this contract subject to the terms and conditions stipulated below: Article 1: Object, Quantity, Price and Date of Delivery NAME OF COMMODITY: Bituminous Coal UNIT: ton QUANTITY: 3,000 UNIT PRICE: RMB 455 yuan TOTAL AMOUNT: RMB 1,365,000.00 (one million, three hundred and sixty-five thousand) yuan DATE OF DELIVERY: From June 13 2005 to June 13 2006, 250 tons each month Article 2: QUALITY STANDARD The heat value shall be more than 5,000 kcal; and the content of debris shall be less than 1.6%; and the sulfur content shall be below 1.5%. Article 3: SUPPLY QUANTITY REQUIREMENT: The monthly supply shall no less than 250 tons. Article 4: STANDARD FOR REASONABLE WEAR AND TEAR AND COMPUTING MODE: The quantity shall be based on the weighing slip on the scale at the factory, and any losses shall be responsible for the Seller itself. Article 5: MEANS AND PLACE OF DELIVERY: The Buyer's coal stock. Article 6: MODE OF TRANSPORAT AND DESTINATION AND COST ALLOCATION: By road; the Seller shall pay the cost. Article 7: STANDARD, METHOD, and PLACE AND TIME LIMIT OF INSPECTION: The check and acceptance will be done in the place of the Buyer; those failing to meet the standards will be rejected. Article 8: METHOD, TIME AND PLACE OF PAYMENT: Cash on Delivery. Article 9: BREACH LIABILITY: shall be governed by the provisions of the Contract Law. Article 10: METHOD OF SETTLING THE DISPUTE OVER THE CONTRACT: IN THE PERFORMING OF THIS CONTRACT, IF ANY DISPUTE ARISES, THE TWO PARTIES SHALL SETTLE IT THROUGH FRIENDLY DISCUSSIONS; THE DISPUTE CAN ALSO BE MEDIATED BY THE LOCAL INDUSTRIAL AND COMMERICAL ADMINISTRATION; IF NO SETTLEMENT COMES FROM THE DISCUSSIONS OR MEDIATATIONS, THE DISPUTE SHALL BE SETTLED BY LAWSUITS THROUGH THE PEOPLE'S COURT. Article 11: THIS CONTRACT SHALL BECOME EFFECTIVE after having been officially signed by the two parities. Article 12: MISCELLANEOUS: The contract period is one full year. THE SELLER: THE BUYER: Shandong Taifeng Minerals Co., Ltd Shandong Haize Nanomaterials Co., Ltd /s/ Liu Changzhou /s/ Chen Xukui - ---------------------------------- ------------------------------------- AUTHORISED SIGNATURE AUTHORISED SIGNATURE