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Exhibit 10.28
SALES CONTRACT OF INDUSTRIAL PRODUCTS
-------------------------------------
NO.: 050302
SIGNED AT: Tai'an
DATE: March 2, 2005
This contract is made and entered into by and between Shandong Shengda Chemical
Machinery Co., Ltd (hereinafter referred to as the Seller) and
Shandong Bangshen
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: Melamine Equipment
UNIT: Set
QUANTITY: Forty-six
UNIT PRICE: (referring to the list for detail)
TOTAL AMOUNT: RMB
10,975,600.00
(ten million,
nine hundred and
seventy-five
thousand and six hundred) yuan
DATE OF DELIVERY: Within 70 days after the signing of this
Contract
Article 2: QUALITY STANDARD
The Seller will
manufacture the object
according to the drawing sheet provided
by the Buyer.
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 indicated
in the draw
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