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Long-term Cooperation Agreement

Cooperation Agreement

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This Cooperation Agreement involves

SPORTS SOURCE INC | Henan Jinding Chemical Industry Co., Ltd.

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Title: Long-term Cooperation Agreement
Date: 10/13/2006

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 CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY

WITH THE SECURITIES AND EXCHANGE COMMISSION

ASTERISKS (*****) DENOTE SUCH OMISSION

 

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)

 

1.

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.

 

2.

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.

 

3.

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