TRADEMARK TRANSFER CONTRACT

                                                                   Exhibit 10.24

                          Trademark Transfer Contract

     This   Trademark   Transfer   Contract    (hereinafter   referred   to   as   "This
Contract") is made on February 22, 2005 in Tai'an City,   Shandong Province,   the
People's Republic of China (hereinafter referred to as "PRC")

BETWEEN:  
     Shangdong   Shengda   Technology Co., Ltd, a company duly organized,   validly
existing and in good standing under the laws of PRC, with its registered   office
at The   North Tip of   theEconomy   & Trade   Corridor,   Xintai   City   (hereinafter
referred to as the "Party A")

AND:
     Shandong Haize   Nanomaterials   Co., Ltd, a company duly organized,   validly
existing and in good standing as a wholly   foreign funded   enterprise   under the
laws of the   P.R.C,   with its   registered   office at Youth   Development   Zone in
Tai'an City (hereinafter referred to as the "Party B")

     WHEREAS:
     Party A's trademark of "[SHENG KE]" was   preliminarily   examined,   approved
and publicly   announced on January 21, 2005 by the trademark bureau, and Party B
hopes to become the holder of the   proprietary   right of this   trademark   at the
following terms and conditions.

     NOW, THEREFORE, the two Parties of this Contract agree as follows:

                                 CHAPTER 1   DEFINITIONS

Except as otherwise provided in this Contract,   the following terms used in this
Contract have the following meanings:



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1.     The Third Party:   refers to any   individual,   legal   person,   governmental
      agency or other   economic   entities   other   than   Party A, Party B and any
      subsidiary company, branch company of Party B.
2.     The   Trademark   Bureau:   refers to the   Trademark   Bureau   under the State
      Administration of Industry and Commerce of PRC
3.     Trademark "[SHENG KE]": refers to the trademark of "[SHENG KE]" of Party A
      illustrated   in Appendix 1 of this Contract   which has been   preliminarily
      examined and approved by the trademark bureau.


                          CHAPTER 2 TRADEMARK TRANSFER

Article 1    Party A applied to the trademark   bureau for the registration of the
            trademark   of "[SHENG   KE]"on   January 30, 2003,   and the   trademark
            bureau issued the   announcement of the   preliminary   examination and
            approval of the trademark of "[SHENG KE]" on January 21, 2005. Among
            Party A's current production,   operation and sales involving the use
            of the trademark of "[SHENG KE]" within any jurisdictional   boundary
            (within and out of the boundaries of PRC), there is no claim arising
            from the use of the   trademark of "[SHENG   KE]" or the   registration
            request or claim of the   trademark   of "[SHENG   KE]"made   by a third
            party.

Article 2    Party A agrees to, upon   becoming the   assignee of the   trademark of
            "[SHENG   KE]",   transfer the   proprietary   right of the trademark of
            "[SHENG   KE]" to Party B without   any   delay,   and Party B agrees to
            take the propriety   right of the trademark of "[SHENG KE]".   The two
            parties   agree that the   transfer   price is RMB [0]. The two parties
            agree that, after Party A acquires the trademark   certificate of the
            trademark of "[SHENG KE]", the registration   formalities of changing
            the   propriety   right of the   trademark   of "[SHENG   KE]" to Party B
            shall   be   completed   without   delay,   and the   registration   of the
            trademark   of   "[SHENG   KE]"   shall be   retained   and   extended   and
            corresponding costs shall be paid.

Article 3    After the trademark   bureau approves this Contract and this Contract
            becomes effective,   Party B shall become the holder of the propriety
            right of the   trademark of "[SHENG   KE]",   and shall have and assume
            the rig