SALES CONFIRMATION

S/C No.：SHHX98027

Date：03-Apr-98

The Seller：HUAXIN TRADING GO.，LTD. The Buyer：JAMES BROWN & SONS Address：14TH FLOOR KINGSTAR MANSION, Address：#304-310 JALAN STREET, 676 JINLIN RD.，SHANGHAI CHINA TORONTO，CANADA

HX4405 AND HX4510 TO BE PACKED IN CARTONS

OF 1 SET EACH ONLY.

TOTAL: 1639 CARTONS

PORT OF LOADING &

DESTINATION: FROM: SHANGHAI TO: TORONTO

TIME OF SHIPMENT：TO BE EFFECTED BEFORE THE END OF APRIL 1998

WITH PARTIAL SHIPMENT NOT ALLOWED AND

TRANSHIPMENT ALLOWED.

TERMS OF PAYMENT：THE BUYER SHALL OPEN THOUGH A BANK ACCEP-

TABLE TO THE SELLER AN IRREVOCABLE L/C AT

SIGHT TO REACH THE SELLER BEFORE APRIL 10,

1998 V ALID FOR NEGOTIATION IN CHINA UNTIL

THE 15TH DAY AFTER THE DATE OF SHIPMENT. INSURANCE：THE SELLER SHALL COVER INSURANCE AGAINST

WPA AND CLASH & BREAKAGE & WAR RISKS FOR

110% OF THE TOTAL INVOICE V ALUE AS PER THE

RELEV ANT OCEAN MARINE CARGO OF P.I.C.C.

DATED 1/1/1981.

Confirmed by:

THE SELLER THE BUYER

HUAXIN TRADING CO., LTD.

赵建国

（signature）（signature）