Contract

Exhibit 10.39

10.39 Transportation Lease Agreement, between Shandong Xiangrui and
Shandong Runyin Bio-chemical Co., Ltd.

Party A (Lessor): Shandong Runyin Bio-chemical Co., Ltd.

Party B (Lessee): Shandong Xiangrui

• General Information

	•		Pursuant to the agreement Shandong Runyin Bio-chemical Co., Ltd. rent out vehicles to Shandong Xiangrui.
	•		The rent shall be XXX 000 per vehicle and XXX 0 per kilometer for each day. The rent shall be paid once each month.
	•		The maintenance, insurance, driver and toll charge shall be on Shandong Runyin Bio-chemical Co., Ltd.’s cost.
	•		Shandong Xiangrui shall pay the rent before the 10th of next month.
	•		Either party shall not rescind this agreement without counterpart’s consent.

• Headlines of the articles omitted

	•		Dispute Settlement
	•		Breach of the Agreement
	•		Miscellaneous