Investment Agreement

Investment Agreement

Investment Agreement

According to Chinese Companyfs Law, by discussion and negotiation, all shareholders willing to invest to set up company limited, the following is agreement:

1.      The name of company applied to set up is intended to be Inner Mongolia Litai Coking Co., Ltd.
 
2.      The registered capital will be RMB10 million yuan.
 
3.      The main operation includes coal processing,productionAsales and transportation of chemical production, restaurant.
 
4.      name of shareholderAinvestment methodAinvestment and proportion
 
  Name of shareholder 
   
  Investment(RM10 
  thousand yuan) 
  Proportion (%) 
 
  Investment method 
 
  Li Junyan    200    20    Cash 
  Li Jianguang    200    20    Cash 
  Inner    Mongolia 
  Tehong Coal Group 
  Co., Ltd   
  150 
 
 
  15 
 
 
  Cash 
 
 
  Qu Puyi      150    15    Cash 
  Ding Wenhua    100    10    Cash 
  Yang Shengjie    75    7.5    Cash 
  Zhang Lihua    75    7.5    Cash 
  Wang Yun    50    5    Cash 

5.      Due to any reason, if established company can not meet shareholderfs will, by negotiation and agreement, this company can be ceased registration of this company, hence all expense during establishment and registration of this company should be borne by shareholders according to itfs investment proportion.
 

Signature of shareholders:

Li Jianguang, Qu Puyi, Inner Mongolia Tehong Coal Group Co., Ltd(stamp), Zhang Lihua, Ding Wenhua, Wang Yun, Li Junyan, Yang Shengjie

Sep.18,2002