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LAND-USE RIGHT AND BUILDING LEASE AGREEMENT

Office Lease Agreement

LAND-USE RIGHT AND BUILDING LEASE AGREEMENT | Document Parties: ZEOLITE EXPLORATION CO | Shandong Haize Nanomaterials Co., Ltd |  Shangdong Shengda Technology Co., Ltd You are currently viewing:
This Office Lease Agreement involves

ZEOLITE EXPLORATION CO | Shandong Haize Nanomaterials Co., Ltd | Shangdong Shengda Technology Co., Ltd

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Title: LAND-USE RIGHT AND BUILDING LEASE AGREEMENT
Date: 11/16/2006

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                                                                   Exhibit 10.27

                   Land-Use Right and Building Lease Agreement

This agreement is entered into on this   twenty-second   day of February,   2005 in
Tai'an City, Shangdong Province, China by and between the following two parties:

Party A: Shandong Haize Nanomaterials Co., Ltd.
Registered Address: Youth Development Zone, Tai'an City

Party B: Shangdong Shengda Technology Co., Ltd.
Registered Address: North Tip of the Economy & Trade Corridor, Xintai City

WHEREAS:

In accordance with relevant   stipulations of real estate laws and regulations of
China,   the   two   parties,   after   friendly   negotiation,   hereby   conclude   the
following   agreement   with   regard to matters   concerning   to Party B's   leasing
land-use right and building to Party A:

                         Article 1 Area and Use of Lease

1.     Party B agrees to lease its land-use   right of the   following   land (" the
      Land ") to   Party   A;   Party A   agrees   to rent   the   Land   and to pay the
      corresponding   consideration   pursuant   to   relevant   provisions   of   this
      Agreement. Party B has obtained the land-use right as of February 22, 2002
      with a 50-year tenure of use. Party A agrees to abide by the   stipulations
      in the State Land Use Right Granting   Contract entered into by and between
      Party B and relevant land administrative authority in Tai'an City.

      Location of the Land: Daiyue Economic Development Zone
      Land Area:   [60,000]   sq.m.   [Note:   If the actual leasing area is smaller
      than the area   described   in the   following   land-use   right   certificate,
      please describe the leased land in detail]
      Land-use Right Certificate No.: Dai Yue Guo Yong (2002) Zi No. 016
      Use of the Land: For Industrial Purpose

2.     Party B agrees to lease the following   building of its ("the Building") to
      Party   A;   Party A   agrees   to rent   the   Building   and pay   corresponding
      consideration pursuant to relevant provisions of this Agreement.

      Location of the Building: Daiyue Economy Development Zone of Tai'an City

<PAGE>

      Building Area of the Leased Building:   [11,593.70] sq.m. in total.   [Note:
      If the actual   leasing   area is   smaller   than the area   described   in the
      following building ownership certificate,   please describe the leased land
      in detail.]
      Building   Ownership   Certificate   No.:   Tai Fang Quan Zheng Zi No.106207 -
      106208
      Structure of the Building: [Steel and Steel Concrete]
      Use of the Building: [Non-residential] [Note: Please be in accordance with
      the use of the Building listed in the   above-mentioned   Building Ownership
      Certificate]

3.     The production and operation   activities carried out by Party A within the
      boundaries   of the   leased   land and   building   shall be   confined   to the
      registered use set forth in the Land-Use Right   Certificate as well as the
      Building   Ownership   Certificate.   Should the use need to be changed,   the
      consent   shall be required   from the lessor before any revision is done to
      this   Agreement,   in addition to the approval of relevant   authorities   of
      land and housing administration.

                             Article 2 Leasing Term

1.     Unless   both   parties   decide   or one   party   decides   to   terminate   this
      Agreement pursuant to other provisions of this Agreement, the leasing term
      of   land-use   right   and the   building   shall   both be   three   (3)   years,
       commencing   from   December 15, 2004 and ending on December 14, 2007.   Both
      parties   irrevocably   agree that, after the expiration date of the leasing
      term,   Party B has the right to choose to extend   the   leasing   term for 3
      more years, within which the rental shall be determined by the two parties
      according   to the   Real   Estate   Rent   Evaluation   Report   provided   by an
      independent   certified   public   accountants'   firm   entrusted   by the   two
      parties.   However,   the rental   during the extended   leasing term shall be
      maximumly 5% higher than that during the previous 3-year leasing term.

2.     When the leasing term extended pursuant to the previous provision expires,
      Party B has the right to extend the   leasing   term yet again   (the   rental
      shall be   determined   according to the method   stipulated   in the previous
      provision). The same shall be applied indefinitely and the lease shall not
      be subject to a fixed number of years.

3.     Be that as it may otherwise stipulated,   the two parties irrevocably agree
      that   Party B has the   right to   terminate   this   Agreement   at any   time;
      however,   Party B should   notify   Party A in   writing   with a   three-month
      advanced notice.

4.     Party A   irrevocably   grants   party B the right to decide to purchase   the

<PAGE>

      leased   equipment   on its own   during the term of this   Agreement.   In the
      determination of the price of the leased equipment,   the two parties shall
       jointly   entrust an   independent   certified   public   accountants'   firm to
      evaluate   the market value of the leased   equipment   and the result of the
      evaluation shall be the price of the leased equipment.

5.     After the   executi


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