Technology Development (Commission) Contract

Contract No.: HTF 2007-CG-T011

The Clients hereby retains the Company to develop the project “Jinxin Project of “Shanxi Credit and Guarantee Informative Platform Second Stage”, and the Company hereby accepts such engagement and shall perform the obligations for the Client described herein, faithfully and to the best of its ability.

1.

Technology objective:

Develop a loan risk control management system featuring open-system structure, easy-to-expand, easy-to-maintain and user-friendly interface based on computer networking, database and advanced development platform.

2.

Technology content

Supports surety guarantee services including consultancy, application, initial check, early-stage research and study, audit, sign contract, release, follow, terminate, overdue, realizes auto workflow and standardization of guarantee procedure, provides supports for project management, risk control management and post loan follow, real-time reflects each stage of guarantee business, financial analysis and credit rating to realize scientific guarantee management.

3.

Technology method and line

The system adopts Client/Server structure, establishes mold and database by Visio, and uses Net as application and development tools.

1.

Members of development group and responsibilities of them (including the Company and the Client);

2.

Project development plan

1.

The Company shall complete analysis for Client within 15 days after the Client gives the request, and provide “Jinxin Project—Shanxi Credit and Guarantee Informative Platform Upgrading-Business Request Instruction” for Client signature and confirmation.

2.

The Company shall complete system design, encoding and system test according to the schedule regulated in “Project Development Plan”, deliver the development results to the Client and implement according to “Project Development Plan”.

1.

Technology document list: project instruction materials.

2.

Time and form: The Client shall provide the above materials in the form of hard copy and soft copy to the Company within five working days after signing the Contract.

3.

Other cooperative items: The Client bears the obligations in assisting the Company to complete project request analysis.

After the completion of the Contract, above said technology materials shall be filed by the Company as project development documents.

1.

For the above services, the Company will receive ¥490,000 in total, including seven guarantee organizations and each payment will be ¥70,000.

2.

The Client will pay the above compensation by installments. Detailed payment method and time as follows:

1)

The Company will receive ¥250,000 within five working days before training.

2)

The Company will receive ¥240,000 within three working days after the Client inspects and accepts the project.

Bank, address and account of the Company:

Opening bank: Construction Bank of China – Shenzhen Gaoxinyuan Branch

Address: Room 605, Chuangwei Building A, No.1 Gaoxinnan Road, Science and Technology Park, Nanshan District, Shenzhen City Science and Technology Park, Nanshan District, Shenzhen

Account No.: 048010020004489

The Client’s obligations:

1.

Content: The documents complied by the Company, designs, application software and other related technology materials, commercial information relating to the project, this contract and its attachment and price.

2.

Personal: all personal relating to this project

3.

Retention: dateless

4.

Reveal: undertake all the loss

The Company’s obligations:

1.

Content: The instructions, contract and attachments provided by the Clients

2.

Personal: all personal relating to this project

3.

Retention: dateless

4.

Reveal: undertake all the loss

1.

Form and quantity: Installation programs and user’s guide, one copy respectively, in the form of soft copy of “Jinxin Project—Shanxi Credit and Guarantee Informative Platform Second Stage”

2.

Time and place: the Client’s working place

1.

Using rights: the Company and the Client

2.

Transfer rights: 100% the Company

3.

Distribution of related benefit: 100% the Company

Intellectual properties relating to this contract belongs to the Company 100%.

1.

Content: Installation, commissioning and operation training

2.

Place and mode: The Company allocates engineers to working place of the Client

1.

Responsible for communication, organization and correspondence

2.

Effectively control project schedule and ensure on-time completion of the project

3.

Responsible for detailed implementation of the Contract.

Changes of contact person shall be informed timely to each other in written.

The two parties hereto acknowledge that one party may inform the other party to terminate the Contract due to force majeure.

Attachment 1: “Jinxin Project—Shanxi Credit and Guarantee Informative Platform Upgrading-Business Request Instruction”

Attachment 2: “Project Development Plan”

Attachment 3: “Project Inspection and Accept Report”

The above attachments bear the same legal rights with the Contract.