Loan Agreement between Shandong Xiangrui and Bank of East Asia Qingdao Branch, dated September 7, 2011, for RMB 10 million loan

Exhibit 10.59

Loan Agreement between Shandong Xiangrui and Bank of East Asia Qingdao Branch,

dated September 7, 2011, for XXX 00 million loan

Main contents:

• Contract No.: Xx. XXXX00000

• Loan Amount (RMB): RMB 10,000,000 Yuan

• Purpose of the Loan: payment to vendor

• Contract Term: 6 months, from September 7, 2011 to March 7, 2012

• Interest Rate:

• The processing fee is 0.05%;

• Shandong Xiangrui is required to deposit 50% of the loan amount as restricted cash so that Shandong Xiangrui obtained net of XXX 0 xxxxxxx xxxx from this loan

• No interest during the 6 month loan period

• Penalty interest rate for delayed repayment: 0.05% per day

• Guarantee

• Ruixing Group provided a guarantee for this loan

• Shandong Xiangrui used four production equipments with book value of RMB 5.2 million ($0.8 million) as collateral for this loan (collateral agreement # QDAD11049-02)

• Shandong Xiangrui also used RMB 5 million ($0.8 million) cash as collateral for this loan