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The Agreement of Development

Development Agreement

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This Development Agreement involves

GREAT CHINA INTERNATIONAL HOLDINGS, INC. | Shenyang Maryland International Industrial Co., Ltd

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Title: The Agreement of Development
Date: 4/17/2006

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Development Agreement

Exhibit 10.12

2004 4 73

XZ Permanent

XITA TOWN OF SHENYANG

The Agreement of Development

Party A: The People’s Government of Heping District, Shenyang, China (hereinafter referred to as Party A)

Party B: Shenyang Maryland International Industrial Co., Ltd (hereinafter referred to as Party B)

The two parties have entered into following agreement on the development project of Xita Town of Shenyang in the area of Xita in Heping District, Shenyang:

I. The Outline of the Project

According to the “Planning and Reformation Project of Xita Area” provided by Party A, the involved land serial number and the four sides of land are:

 

 

 

 

 

 

No.

  

Land No.

  

Four sides of land

1

  

4, 7, 8, 9, 11, 12, 13, 14

  

East to Yanbian Street; West to the east wall of east side residence in Xita Street; South to Orient Home; North to Huichun Road

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