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Exhibit 10.5
SALES CONTRACT OF INDUSTRIAL PRODUCTS
-------------------------------------
NO.: 02600
SIGNED AT: Tai'an
DATE: December 16, 2002
This contract is made and entered into by and between Shandong Shengda Chemical
Machinery Co., Ltd (hereinafter referred to as the Seller) and
Shandong Shengda
Chemical Co., Ltd
(hereinafter
referred to as the
Buyer); whereby the
Seller
agree to sell
and the Buyer agree to buy the commodity mentioned in this
contract subject
to the terms and
conditions
stipulated
below: Article 1:
Object, Quantity, Price and Date of Delivery
NAME OF COMMODITY: Gas Sensible Heat Device
UNIT: PIECE
QUANTITY: One
UNIT PRICE: RMB 1,478,704.21yuan
TOTAL AMOUNT: RMB
1,478,704.21
(One million,
four hundred and
seventy-eight
thousand, seven hundred and four point two one) yuan
DATE OF DELIVERY: February 26, 2003
Article 2: QUALITY STANDARD
Be subject to: 1. The Drawing Sheet provided by the Buyer;
2.The National
Trade
Standard.
Article 3: TERMS AND TIME LIMIT OF QUALITY ASSURANCE OF THE SELLER: 1 Year of
Quality Warranty
Article 4: NUMBER OF NECESSITIES, SPARE PARTS, TOOLS TO BE PACKED
WITH THE SAID
EQUIPMENT, AND METHOD
OF SUPPLY: In accordance with the requirements indic
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