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INFORMATION OMITTED AND FILED SEPARATELY
WITH THE SECURITIES AND
EXCHANGE COMMISSION
ASTERISKS (*****) DENOTE
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Exhibit 10.11
The Long-term Cooperation Agreement
Between
Henan Jinding Chemical Industry Co., Ltd.
And
Southwest Chemical Institute
Party A: Henan
Jinding Chemical Industry Co., Ltd.
Party B:
Sichuan Tianyi Science & Technologies Co., Ltd. (Southwest
Chemical Institute)
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Since both
parties want to form the strategic coalition in production,
studying and research, to realize the development and innovation,
Party A and Party B herewith have reached a common understanding
through friendly negotiations, which is to build the long-term
strategic technology cooperation partnership.
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Party A is the
one of the excellent Henan private-owned enterprises and the
high-tech company of fastest development as well. In order to
realize the development targets in the Eleventh Five Year, maintain
the healthy progress and make the business bigger and stronger in a
fast step, it is required to have the technology support backed
from Party B. Meanwhile, as Party A is under overseas listing
process right now, which indicates the smooth financing channel and
strong capital advantages, it also requires Party B to provide
profound technology support.
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Party B is a
comprehensive institute with its major research focused on the
chemical engineering of gas & coal and C1 Chemistry and
possesses very powerful capability in scientific research and
design. It needs Party A by utilizing it as the pilot plant to
enlarge, produce and promote its scientific research
results.
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The cooperative
areas of both parties are as follows:
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The expansion
of DME and the deeper development of downstream products. Party B
shall cooperate Party A on the basis of current
manufacturing
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